Press release
Gas Turbine Electric Locomotive Market to Reflect Steady Growth During 2017 - 2025
A gas turbine-electric locomotive, also known as GTEL, is a type of locomotive that uses a gas turbine to drive an electric alternator or generator. The electric current produced by that electrical alternator or generator is further used to provide power to traction motors. In a gas turbine-electric locomotive (GTEL), the turbine engine is similar to the turbo shaft engine, and is used to drive an output shaft attached to an electrical alternator or generator through the gear system. This whole system is then used to provide power to the traction motors.
A gas turbine offers various advantages over a piston engine. There are fewer moving parts, which reduces the requirement for lubrication and decreases the maintenance costs associated with the turbine. Also, the power-to-weight ratio is high. A turbine of some power output is smaller in size than a piston engine of the same power output, which allows a locomotive to be comparatively powerful without being large in size. That said, the power output and efficiency of a gas turbine drops drastically with rotational speed, unlike a piston engine, which has a relatively flat power curve. This is the reason that makes gas turbine electric locomotive systems useful for long-distance high-speed runs.
Request For Report Sample@ https://www.persistencemarketresearch.com/samples/18796
Union Pacific administered the largest formation of such locomotives used for any railroad around the globe and was the only railroad that used them for hauling shipping. Most other gas turbine electric locomotives were built for the purpose of small trains for passengers only and only some locomotives have seen success in that particular role. After the crisis in oil industries in the 1970s and the consequent rise in fuel costs, gas turbine locomotives became extravagant to operate and therefore, many were considered out of service. Locomotives operated by Union Pacific needed more maintenance than formerly expected, owing to the pollution generated by the turbine blades by some particular oil used as fuel. However, that type of locomotive is now rare and the gas turbines electric locomotive is the trend.
Gas turbine Electric locomotive Market: Dynamics
Implementation of the gas turbine-electric locomotive in railways to decrease the operational cost of locomotives and improve the transportation system is the main driver that contributes to growth of the rail traction transformers market. Also, government funding to improve transportation facilities will impact the gas turbine electric locomotive market positively. Growing awareness towards the high-speed locomotive sector is also expected to drive the market of gas turbine electric locomotive significantly. Rapid technological advancement, coupled with growing locomotive transport, is expected to favorably impact market growth. Moreover, growing environmental concerns will also impact the global gas turbine electric locomotive market over the forecast period. However, the presence of alternatives, such as conventional transformers, may act as a restraint to this market.
Gas turbine Electric locomotive Industry: Segmentation
Segmentation of the gas turbine electric locomotive market on the basis of capacity:
Less than 120 MW
120 MW – 400 MW
Above 400 MW
Segmentation of the gas turbine electric locomotive market on the basis of technology:
Simple Cycle
Combined Cycle
Gas turbine Electric locomotive Market: Regional Outlook
The Asia Pacific region, followed by North America, is expected to dominate the gas turbine electric locomotive market by capturing comparatively a high market share in terms of value. Also, the Middle East and Africa region will hold a significant market share after Asia Pacific and North America, followed by Europe. This is owing to the fact that many countries in these regions are adopting faster means of transportation, which increases the demand for fast and efficient drives. Therefore, a substantial increment in the market shares of the gas turbine electric locomotive can be expected. The sales of gas turbine electric locomotive are expected to grow significantly in some regions, such as the Middle East & Africa and Latin America, over the forecasted period.
Request For Report Table of Content (TOC)@ https://www.persistencemarketresearch.com/toc/18796
Gas turbine Electric locomotive Market: Market Participants
Examples of some of the market participants in the gas turbine electric locomotive market identified across the value chain are Eaton, Nidec Corporation, Emerson, Schneider Electric, Atlas Copco AB, ABB, Honeywell International Inc., Siemens AG, 3M, General Electric, BHEL, etc.
ABOUT US:
Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.
CONTACT:
Persistence Market Research
305 Broadway
7th Floor, New York City,
NY 10007, United States,
USA – Canada Toll Free: 800-961-0353
Email: sales@persistencemarketresearch.com
Web: http://www.persistencemarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Gas Turbine Electric Locomotive Market to Reflect Steady Growth During 2017 - 2025 here
News-ID: 1650796 • Views: …
More Releases for Market:
Sorbitol Market Forecast, Sorbitol Market Analysis, Sorbitol Market Growth, Sorb …
The Sorbitol Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report…
Esterquats Market, Esterquats Market Size, Esterquats Market Share, Esterquats M …
The "Esterquats Market" is a dynamic and rapidly evolving sector, with significant advancements and growth anticipated by 2031. Comprehensive market research reveals a detailed analysis of market size, share, and trends, providing valuable insights into its expansion.
This report delves into segmentation and definition, offering a clear understanding of market components and drivers. Employing SWOT and PESTEL analyses, the study evaluates the market's strengths, weaknesses, opportunities, and threats, alongside political,…
Syringe and Needle Market Size, Market Share, Market Trends, Market Analysis, Ma …
Market Overview:
The global syringe and needle market is a critical component of the healthcare industry, serving as indispensable tools for administering medications, vaccines, and drawing blood samples. This market is characterized by a diverse range of products catering to various medical needs, including disposable syringes, safety syringes, insulin syringes, hypodermic needles, and more. This article provides an in-depth analysis of the syringe and needle market, focusing on its market overview,…
India Tractor Market, Tractor Industry, Market Revenue, Market Growth Analysis, …
How Is India Tractor Market Positioned?
In India two-third population is engaged in Agriculture. Tractors form an essential part of this sector. They bring the required efficiency and productivity country needs in its agricultural activity to compete on the international level. The Indian tractor Industry has made preponderant improvement in production capacity and in terms of production volumes. The industry has been successful in indigenization of the technology. The volume growth…
Global Optical Interconnects Market, Market Size, Market Shares, Market Growth A …
In integrated circuits, optical interconnects majorly refers to a system of transmitting signals from one fragment of an integrated circuit to another part which is using light. Optical interconnects have been in high demand due to the high latency and power consumption incurred by conventional metal interconnects in conveying electrical signals over long distances, such as in interconnects classed as global interconnects.
The International Technology Roadmap for Semiconductors (ITRS) has emphasized…
Global Cash Registers Market, Market Growth Analysis, Market Revenue, Market Out …
A cash register or automatic money handling system is a motorized or electric device for registration and calculating dealings at a point of sale. It is typically devoted to a drawer for storage cash and additional valuables. A modern cash register is generally attached to a printer which can print out incomes for record-keeping determinations. The electronics cash register delivers numerous features likes mall price and informal admittance. The rising acceptance of electronic cash register by…
