Diesel locomotive engines are used for transporting large amounts of freight due to its ability to move a large amount of freight at less fuel, increased speed, and safety. Railways are mainly used for transporting passengers and freight. Roadways are the largest contributor in the transport sector. However, due to increasing concerns regarding pollutions caused by vehicular emissions, rising fuel costs, and traffic congestion, freight companies are moving more and more toward the rail mode of transportation.
The development of hydrogen-powered locomotive engines is one of the major factors that will gain traction in this market in the coming years. The hydrogen fuel in the roof will produce electricity by mixing hydrogen and oxygen to generate electricity and will emit only condensed water and steam as by-products. This also eliminates the need for overhead cables, making these trains environment-friendly. One of the locomotive engine manufacturers Alstom, has already launched Coradia iLint, a hydrogen cell powered passenger train in Germany in 2016. The train can reach speeds up to 90 mph and has an approximate range of about 500 miles before refueling.
The market is characterized by the presence of a limited number of well-established vendors and is dominated by major players such as General Electric (GE), Caterpillar, and China CNR. Due to the restricted demand for locomotive engines, this market is moderately competitive. The major market players are currently focusing on increasing their customer base and are also investing heavily in R&D. With technological advancements and the introduction of regulations from various governments, the market’s competitive environment will likely intensify in the coming years.
In 2019, the market size of Diesel Locomotive Engines is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Diesel Locomotive Engines.
This report studies the global market size of Diesel Locomotive Engines, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Diesel Locomotive Engines production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
General Electric
Caterpillar
China CNR
Alstom
Bombardier
Siemens
...
Market Segment by Product Type
Diesel–mechanical
Diesel–electric
Diesel–hydraulic
Diesel–steam
Diesel–pneumatic
Market Segment by Application
Passenger
Freight
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Diesel Locomotive Engines status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Diesel Locomotive Engines manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Diesel Locomotive Engines are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Diesel Locomotive Engines . Industry analysis & Market Report on Diesel Locomotive Engines is a syndicated market report, published as Global (United States, European Union and China) Diesel Locomotive Engines Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Diesel Locomotive Engines market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.