Press release
Global Locomotives Revenue Is Nearly 8.79 Billion USD In 2017
Locomotive is a rail transport vehicle that provides the motive power for a train. Locomotives use electricity to drive forward motion despite some locomotive named 'diesel'. In diesel locomotive, a large diesel engine turns a shaft that drives a generator which makes electricity. This electrical energy powers large electric motors at the wheels called 'traction motors'.
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Global Locomotives Market: Forecast by Type / Application / Region
Market Segment by Manufacturers, this report covers: CRRC, GE, Alstom, Siemens, Bombardier, Hitachi, Transmashholding, EMD (Catepiller), Kawasaki Heavy Industries, Stadler Rail, Hyundai Rotem.
Market Segment by Types covers: Diesel Locomotive , Electric Locomotive.
Market Segment by Applications, can be divided into: Passenger Transport, Freight Transport.
In 2017, global revenue of Locomotives is nearly 8.79 billion USD; the actual Production is about 3560 Unit.
The global average price of Locomotives is in the decreasing trend, from 2.88 M USD/Unit in 2013 to 2.47 million USD/Unit in 2017. With the situation of global economy, prices will be in decreasing trend in the following five years.
The classification of Locomotives includes Diesel Locomotive and Electric Locomotive. The proportion of Diesel Locomotive in 2017 is about 72.05%, and the proportion is in decreasing trend from 2013 to 2017 as the electric locomotive has more advantages.
Asia Pacific is the largest consumption place, with a consumption market share nearly 40.65% in 2017. Following Asia Pacific, North America is the second largest consumption place with the consumption market share of 23.88%.
Market concentration degree is rather high. CRRC, GE, Alstom, Siemens, Bombardier, Hitachi, Transmashholding, EMD (Catepiller), Kawasaki Heavy Industries, Stadler Rail and Hyundai Rotem are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
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Related Information:
United States Locomotives Market 2018 Forecast to 2023
Europe Locomotives Market 2018 Forecast to 2023
North America Locomotives Market 2018 Forecast to 2023
Asia-Pacific Locomotives Market 2018 Forecast to 2023
China Locomotives Market 2018 Forecast to 2023
EMEA Locomotives Market 2018 Forecast to 2023
Global Locomotives Market 2018 Forecast to 2023
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