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Locomotive Market 2018 Key Company Analysis To 2023: Bharat Heavy Electricals, Berliner Maschinenbau, Lokomo, China Northern Rail, Bombardier Transportation, Brookville Equipment, GE Transportation, And Alstom Ferroviaria

09-05-2018 01:14 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Locomotive Market 2018 Key Company Analysis To 2023: Bharat

Locomotive Market 2018 Global Industry Analysis From 2018 To 2023, is latest depth study on Locomotive Global Market Size, Share, Trends, Growth, and Regional Outlook Report. Report is helpful for future business development strategies with Locomotive Market insights, upcoming opportunity, and geographical market outlook. Locomotive industry is segmented by Technology (conventional locomotive, turbocharged and MAGLEVS), Application (Passenger and Freight) and by Region.

Get Sample Copy of “Locomotive Market 2018” Report – https://www.marketresearchfuture.com/sample_request/1889

Key Company In Locomotive Global Market Analyzed:

Bharat Heavy Electricals Limited, Berliner Maschinenbau, Lokomo, China Northern Rail Corporation Limited, Bombardier Transportation, Brookville Equipment Corporation, GE Transportation, Alstom Ferroviaria S.p.A.

The major trend in the market is the increase in the use of autonomous locomotive engines for long distance transport. Increasing preference for non-polluting and energy-efficient transport is majorly driving the growth of the market. Also, the growth of the market is driven by the increasing government expenditure on developing rail systems for public transport.

Builders are ramping up production and at the same time continuing to tweak product lines in order to meet railroads efficiency and environmental-compliance needs along with demands for enhanced electronics associated with distributed power initiatives and positive train control (PTC) implementation.

Increasing rate of urbanization is contributing towards the growth of locomotive industry among the general public. Expansion of rail networks in majority of developed as well as developing nations as well as increasing concern amongst the individuals regarding environmental sustainability has lead to a positive impact on the global locomotives market. Significant investment by authorities across the globe in development of railway infrastructure for freight and high speed trains has also resulted in the growth of global locomotive market.

Diesel locomotive market is also growing significantly. Majority of the revenue is generated from the after-sales market which encompasses repair and maintenance of the approximately 120,000 diesel locomotives operated worldwide. Increasing transport demand, as well as fleet refurbishments and new product platforms will spur the global locomotive market. A substantial proportion of locomotives are either operated solely for freight or used universally. The proportion of units used specifically for passenger transport has declined rapidly in the last few years.

Market Segmentation:

The Locomotive Market can be segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Technology - conventional locomotive, turbocharged and MAGLEVS

Segmentation by Application - Passenger and Freight

Segmentation by Regions: North America, Europe, APAC and Rest of the World.

Regional Analysis:

In Western Europe, demand will always exist for new electric locomotives due to the overall size of the region's fleet, while Europe's high prices ensures it remains important for total market volume.

The Asia-Pacific region is estimated to dominate the locomotive market and is projected to grow at the highest CAGR during the forecast period. This growth can be attributed to the improving socio-economic conditions in developing countries such as China, India, Indonesia, and Thailand. The increased populations in countries such as China and India has resulted in increase in need for public transport, which in turn results in an increase in the number of government rail projects.

The largest national fleets of electric locomotives are found today in China, Russia and India followed by Germany, Italy and France.

Major Points from Table of Contents:

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends

Browse More details on “Locomotive Market Research Report – Forecast to2023”at: https://www.marketresearchfuture.com/reports/Locomotive-market-1835

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Maharashtra, India+1 646 845 9312

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