Locomotive Market Synopsis and Highlights, Key Findings, Major Companies Analysis and Forecast to 2023

Market Research Future published a research report on “Locomotive Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.

Locomotive Market Information Report by Technology (conventional locomotive, turbocharged and MAGLEVS), Application (Passenger and Freight) and by Region - Global Forecast to 2022
Market Highlights

Increasing rate of urbanization has been contributing towards the growing popularity of locomotive among the general public. Expansion of rail networks in majority of developed as well as developing nations as well as growing concern among the individuals regarding environmental sustainability has had 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.

Segments

The Automotive Position Sensor market has been segmented on the basis of technology as conventional locomotive, turbocharged and MAGLEVS. One the basis of application the market has been segmented as Passenger and Freight.

Get Sample of Report @ https://www.marketresearchfuture.com/sample_request/1889

Regional Analysis of Locomotive

Asia-Pacific region is expected to dominate the Global Locomotive Market mainly due to the existing infrastructure proving to be insufficient to cope with the increasing population. Europe is expected to hold the second largest share in the Global Locomotive Market mainly due to the largest market for rail products, of which major share is acquired by locomotives.

Asia-Pacific region held the major share within the Locomotive Market
Asia-Pacific region is expected to dominate the Global Locomotive Market mainly due to the existing infrastructure proving to be insufficient to cope with the increasing population. Europe is expected to hold the second largest share in the Global Locomotive Market mainly due to the largest market for rail products, of which major share is acquired by locomotives.

Intended Audience

• Locomotive manufacturing companies
• Locomotive service providers
• Locomotive Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Key Players

The leading players in the Locomotive Markets are Bharat Heavy Electricals Limited, Berliner Maschinenbau, Lokomo, China Northern Rail Corporation Limited, Bombardier Transportation, Brookville Equipment Corporation, GE Transportation, Alstom Ferroviaria S.p.A

Access Full Report @ https://www.marketresearchfuture.com/reports/locomotive-market-1889

Industry/ Innovation/ Related News:

Dec 2017- Bharat Heavy Electricals Limited has bagged Rs9900mn contract for the manufacture and supply of 150 electric locomotives from Indian Railways. The company is already executing an order for 50 numbers of similar rating locomotives for Indian Railways. These locomotives will have many firsts like ergonomically designed AC cabins for the comfort of drivers; tri-plate console for brake system resulting in compact and clean layout; state-of-the art cable management system with EPDM modules, etc.

December, 2017- Bombardier and Mercitalia Rail Signed Contract for 40 TRAXX DC3 Locomotives and Long-Term Fleet Maintenance Service. It also includes options for up to 20 additional locomotives and maintenance services, as well as an option for additional eight years of maintenance on the whole fleet.

December, 2014- State-owned China CNR Corporation Limited (CNR) and China South Locomotive & Rolling Stock Corporation Limited (CSR) merged to form a single company- China Railway Stock Corp. (CRRC) which was valued at USD 26 billion. All existing contracts nationally and internationally were transfered to CRRC, including orders worth USD 275 million from Argentina and a USD 570 million contract to supply passenger cars for Boston’s subway system.

Brief TOC:

1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures

Ask for your specific company profile and country level customization on reports.

About Us:
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.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for , regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.

Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com

This release was published on openPR.