Global Locomotive Market Market Industry Trends, Size, Share and
Forecast to 2028
Global Locomotive Market Market report is to provide accurate and
strategic analysis of the Profile Projectors industry. Data Bridge Market
Research has recently published the Global research Report Titled
Global Locomotive Market Market. The study provides an overview of
current statistics and future predictions of the Global Global
Locomotive Market Market. The study highlights a detailed assessment
of the Market and displays market sizing trends by revenue & volume
(if applicable), current growth factors, expert opinions, facts, and
industry validated market development data.
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obal-locomotive-market
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Report Description
Locomotive market will grow at a CAGR of 2.74% in the forecast period of
2021 to 2028. Increase in urbanization is an essential factor driving the
locomotive market.
Locomotives can be defined as an engine of railway vehicles which is the
power source for their movements, although they are also capable of
carrying the payload that is more preferable rather than having an individual
locomotive attached to different rail vehicles that cannot move by
themselves. These systems are generally preferred in passenger rail transport
systems rather than freight.
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Major Key Players
Some of the major players operating in this market are :
TOSHIBA CORPORATION
CRRC
Hitachi, Ltd
Bombardier
Bharat Heavy Electricals Limited
Wabtec Corporation
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Market Segmentation
• By Technology (IGBT Power Module, GTO Thyristor Module, SiC Power
Module)
• By Locomotive Technology (Turbocharged, Maglevs, Conventional
Locomotive)
• By Motive Power (Gas Turbine Electric, Steam Diesel Hybrid, Diesel, Atomic
Electric, Steam, Fuel Cell Electric, Electric, Gasoline, Hybrid)
• By Components (Traction, Inverter, Alternator, Rectifier, Auxiliary Power
Conversion Unit)
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Regional Analysis
Based on geography, the market is segmented into five geographical
regions
 U.S.,
Canada
Mexico in North America,
Brazil,
Argentina
Rest of South America
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