Hybrid Train Market

Hybrid Train Market by Propulsion (Battery Operated, Electro Diesel, CNG, LNG, Electro Diesel, Hydrogen & Solar), Operating Speed (Below 100 km/h, 100-200 km/h, & Above 200 km/h), Application (Passenger and Freight), and Region - Global Forecast to 2030

Report Code: AT 7055 Apr, 2019, by marketsandmarkets.com

[141 Pages Report] The hybrid train market is projected to reach 9,109 units by 2030 from an estimated 5,429 units in 2019, at a CAGR of 4.8% during the forecast period. Increasing investments made by governments across the globe to develop railway infrastructure create opportunities for train manufacturers to expand their revenue stream and geographical presence. The market in Europe is projected to experience steady growth owing to the well-developed infrastructure for passenger transit, while the North American market is more inclined towards freight transportation. However, the high costs involved in initial investment, overhaul, and maintenance could hamper the growth of this market. 

Hybrid Train Market

Passenger segment is estimated to account for the largest market size during the forecast period

The passenger segment is estimated to be the largest market in 2019. Hybrid train offers a cost-effective and efficient transportation of passengers as well as freight. Several cities are implementing new rail infrastructure projects with the aim of reducing road congestion and providing an affordable means of transportation at an intercity as well as intra-city level. Increasing urbanization, growing demand for increased connectivity, comfort, reliability, and safety will boost the demand for the passenger segment in this market.

Electro Diesel segment is estimated to account for the largest market size during the forecast period

Electro diesel is a train propulsion type used in hybrid trains. It consists of a combination of diesel engine power and electric power. This type of propulsion is more efficient than diesel propulsion. Also, diesel-electric propulsion is 40% less polluting than the conventional ones.  The manufacturers have recognized the demand for more efficient propulsion in trains. For instance, Toshiba with DB Cargo has been developing a new diesel-electric locomotive/train, which will be tested by the end of 2019.

Hybrid Train Market

Asia Pacific is expected to be the largest market during the forecast period

Asia Pacific is the largest market, followed by Europe. Factors such as increasing demand for ecofriendly trains to reduce pollution and the rising demand for energy efficient trains that use alternative fuel are driving the growth of the hybrid train market. Moreover, China’s rapidly growing economy is driving the expansion of the train network to improve the transport systems in the country and make them more ecofriendly. Germany, which has traditionally been a global technology leader, is the largest market in Europe. The increasing concerns of carbon emission due to conventional railways and the efficiency offered by this mode of transport have propelled the growth of the hybrid train market in Europe.

Key Market Players

The global hybrid train market is dominated by major players such as Alstom (France), Bombardier Inc (Canada), CRRC (China), Kawasaki (Japan), and Siemens (Germany). These companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies adopt strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position.

Recent Developments

  • In September 2018, Bombardier Transportation introduced the new battery-operated train. This train does not generate any exhaust and sets standards for smart mobility with peak values of 90% in the areas of efficiency and recyclability. It is also around 50% quieter than modern diesel trains.
  • In August 2018, Siemens presented the new Vectron Dual Mode locomotive. The Vectron Dual Mode can be operated both as a diesel and an electric locomotive. On electrified sections of track, the locomotive is powered by electricity to save fuel and reduce maintenance costs. The locomotive can be switched to diesel mode on non-electrified sections.
  • In July 2018, Alstom unveiled the first Citadis X05 tram, which would run on all three new lines in Caen la mer (Normandy, France).
  • In June 2018, Siemens presented a new high-speed train Velaro Novo. The Velaro Novo sets new standards for efficiency and sustainability and at the same time offers the highest passenger comfort and convenience.
  • In March 2018, Bombardier successfully demonstrated a new silicon carbide (SiC)-equipped BOMBARDIER MITRAC TC1500 traction converter at an event held at Sweden’s KTH Royal Institute of Technology.

Critical Questions:

  • Train manufacturers have partnered with other manufacturers for technology sharing. How will this transform the overall market?
  • How will fast-paced developments in Hydrogen trains and battery powered trains by leading manufacturers will change the dynamics of this market?
  • The industry is focusing on automated technology. Which are the leading companies who are working on automated technology, and what organic and inorganic strategies have been adopted by them?
  • Analysis of your competition that includes major players in this market and train ecosystem. The major players are Bombardier, GE Electric, Alstom, Cummins, Hydrogenics, among others.

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

Table of Contents

1 Introduction (Page No. - 15)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Research Data
    2.2 Secondary Data
           2.2.1 Key Secondary Sources
           2.2.2 Key Data From Secondary Sources
    2.3 Primary Data
           2.3.1 Sampling Techniques & Data Collection Methods
           2.3.2 Primary Participants
           2.3.3 Key Data From Primary Sources
    2.4 Market Size Estimation
           2.4.1 Bottom-Up Approach
           2.4.2 Top-Down Approach
    2.5 Market Breakdown and Data Triangulation
    2.6 Assumptions

3 Executive Summary (Page No. - 27)

4 Premium Insights (Page No. - 32)
    4.1 Attractive Opportunities in the Hybrid Train Market
    4.2 Asia Oceania to Lead the Hybrid Train Market in 2030
    4.3 Hybrid Train Market in Asia Oceania, By Application Type and Country
    4.4 Hybrid Train Market, By Application Type, 2019
    4.5 Hybrid Train Market, By Operating Speed Type, By Units, 2019 vs 2030
    4.6 Hybrid Train Market, By Propulsion Type, By Units, 2019 vs 2030

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Market Dynamics
           5.2.1 Drivers
                    5.2.1.1 Public Transport as A Means of Reducing Traffic Congestion
                    5.2.1.2 Growing Demand for Energy-Efficient Transport
                    5.2.1.3 Increasing Demand for Comfort and Safety
           5.2.2 Restraints
                    5.2.2.1 Refurbishment of Existing Trains
                    5.2.2.2 Capital-Intensive Nature of Trains
           5.2.3 Opportunities
                    5.2.3.1 Big Data Applications in the Rail Industry
                    5.2.3.2 Increase in Industrial and Mining Activities
           5.2.4 Challenges
                    5.2.4.1 High Overhaul and Maintenance Costs

6 Hybrid Train Market, Future Trends & Scenario (2017–2030) (Page No. - 41)
    6.1 Introduction
    6.2 Hybrid Train Market – Most Likely Scenario
    6.3 Hybrid Train Market – Optimistic Scenario
    6.4 Hybrid Train Market – Pessimistic Scenario

7 Industry Trends (Page No. - 44)
    7.1 Introduction
    7.2 Technology Analysis
    7.3 Hyperloop: the Future of Transportation
    7.4 Internet of Things (Iot) in Railways
    7.5 Tilting and Non-Tilting Train
    7.6 Autonomous Train

8 Hybrid Train Market, By Propulsion Type (Page No. - 46)
    8.1 Introduction
    8.2 Research Methodology
    8.3 Battery Powered
           8.3.1 Recyclability & Efficiency Will Boost the Demand for Hybrid Trains
    8.4 Electro Diesel
           8.4.1 Asia Oceania Region Will Lead the Electro Diesel Market
    8.5 CNG
           8.5.1 High Installing Cost Will Restrict the Market Growth of CNG Powered Trains
    8.6 LNG
           8.6.1 Gradual Shift From CNG to LNG Will Boost the Demand for LNG Powered Trains in Hybrid Train Market
    8.7 Solar Powered
           8.7.1 Asia Oceania Region Lead the Solar-Powered Train Market
    8.8 Hydrogen Powered
           8.8.1 Clean & Environment Friendly Transportation Will Boost the Demand for Hydrogen Powered Train
    8.9 Key Primary Insights

9 Hybrid Train Market, By Application Type (Page No. - 54)
    9.1 Introduction
    9.2 Research Methodology
    9.3 Passenger
           9.3.1 Rising Demand for Energy-Efficient Modes of Transportation to Boost the Hybrid Train Market
    9.4 Freight
           9.4.1 Demand for Emission Free Freight Transport Increased Globally
    9.5 Key Primary Insights

10 Hybrid Train Market, By Operating Speed (Page No. - 58)
     10.1 Introduction
     10.2 Research Methodology
     10.3 Below 100 Km/H
             10.3.1 Asia Oceania to Lead the Hybrid Train Market
     10.4 100–200 Km/H
             10.4.1 Demand for Reduction in Traffic Congestion to Boost the Market for Hybrid Train
     10.5 Above 200 Km/H
             10.5.1 Developments in the Operating Speed Will Boost the Demand for Hybrid Trains
     10.6 Key Primary Insights

11 Hybrid Train Market, By Region (Page No. - 64)
     11.1 Introduction
     11.2 Asia Oceania
             11.2.1 China
                        11.2.1.1 Battery Operated Trains Will Be the Fastest Growing Segment in China Due to the Usage of Batteries in Short Distance Trains
             11.2.2 Japan
                        11.2.2.1 Electro Diesel Train Will Lead the Hybrid Train Market in Japan Due to the Electrification of Existing Diesel Trains
             11.2.3 India
                        11.2.3.1 CNG Trains in India Will Get Affected as LNG Trains Have Various Advantages Over CNG Trains.
             11.2.4 South Korea
                        11.2.4.1 The Electro Diesel Segment Will Lead the Hybrid Train Market in South Korea Due to New Electro Diesel Trains
             11.2.5 New Zealand
                        11.2.5.1 Battery Operated Train Segment to Grow With A Cagr of 12.5% Due to the Increased Investment in Innovative Technologies
             11.2.6 Australia
                        11.2.6.1 World's First Solar Powered Train Launched in Australia Will Boost the Demand
     11.3 Europe
             11.3.1 France
                        11.3.1.1 Hydrogen Train Will Be Operation in 2022 Will Boost the Demand
             11.3.2 Germany
                        11.3.2.1 Electro Diesel to Lead Due to Electrification of Diesel Trains
             11.3.3 Spain
                        11.3.3.1 Government Regulations and Policies to Meet the Environmental Standards Will Boost the Demand
             11.3.4 Austria
                        11.3.4.1 Replacement of Existing Diesel Trains Will Boost the Demand for Electro Diesel
             11.3.5 UK
                        11.3.5.1 European Train Manufacturers are Focused on the Future Innovative Technologies in Trains Will Boost the Demand
     11.4 North America
             11.4.1 US
                        11.4.1.1 Growing Demand for Freight Will Boost the Demand
             11.4.2 Canada
                        11.4.2.1 Government Subsidies for Greener Transport Will Boost the Demand
             11.4.3 Mexico
                        11.4.3.1 Increasing Demand for Reduction in Carbon Emissions Will Boost the Demand
     11.5 Middle East & Africa
             11.5.1 South Africa
                        11.5.1.1 Increasing Government Spending for the Purchase of Greener Trains Will Boost the Demand
             11.5.2 United Arab Emirates
                        11.5.2.1 Advancements in the Railway Technologies Will Boost the Demand
             11.5.3 Egypt
                        11.5.3.1 Government Plans to Develop Hybrid Train Lines Will Boost the Demand
     11.6 Rest of the World
             11.6.1 Brazil
                        11.6.1.1 Growing Demand for Energy Efficient Transport Will Boost the Demand
             11.6.2 Russia
                        11.6.2.1 Increase in Trade Agreements By the Russian Governments Will Uplift the Demand

12 Competitive Landscape (Page No. - 91)
     12.1 Overview
     12.2 Market Ranking Analysis
     12.3 Competitive Scenario
             12.3.1 New Product Developments
             12.3.2 Mergers & Acquisitions
             12.3.3 Partnerships/Supply Contracts/Collaborations/Joint Ventures/License Agreements
             12.3.4 Expansions
     12.4 Competitive Leadership Mapping
             12.4.1 Visionary Leaders
             12.4.2 Innovators
             12.4.3 Dynamic Differentiators
             12.4.4 Emerging Companies

13 Company Profiles (Page No. - 99)
(Business Overview, Products Offered, Recent Developments & SWOT Analysis)* 
     13.1 CRRC
     13.2 Bombardier
     13.3 Alstom
     13.4 Kawasaki Heavy Industries
     13.5 Siemens
     13.6 General Electric
     13.7 Hyundai Rotem
     13.8 Toshiba
     13.9 Hitachi
     13.10 Construcciones Y Auxiliar De Ferrocarriles (CAF)
     13.11 Toyota
     13.12 Cummins
     13.13 Other Key Players
             13.13.1 North America
                        13.13.1.1 BNSF
                        13.13.1.2 Ballard
                        13.13.1.3 Chart Industries
                        13.13.1.4 Hydrogenics
             13.13.2 Europe
                        13.13.2.1 ABB
                        13.13.2.2 Renfe Operadora
                        13.13.2.3 CK Investments
                        13.13.2.4 Skoda Transportation
                        13.13.2.5 Stadler
                        13.13.2.6 DB Cargo
                        13.13.2.7 SNCF
                        13.13.2.8 Vivarail
                        13.13.2.9 Rolls-Royce
             13.13.3 Asia
                        13.13.3.1 Yongji Xinshisu Electric Equipment Co., Ltd.
                        13.13.3.2 The Kinky Sharyo Co., Ltd.
             13.13.4 Middle East
                        13.13.4.1 Etihad Rail
             13.13.5 Rest of the World
                        13.13.5.1 Sinara Transport Machines
*Details on Business Overview, Products Offered, Recent Developments & SWOT Analysis Might Not Be Captured in Case of Unlisted Companies. 

14 Appendix (Page No. - 135)
     14.1 Key Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Available Customizations
     14.5 Related Reports
     14.6 Author Details


List of Tables (48 Tables)

Table 1 Currency Exchange Rates (Per 1 USD)
Table 2 Impact of Market Dynamics
Table 3 Hybrid Train Market (Most Likely), By Region, 2017–2030 (Units)
Table 4 Hybrid Train Market (Optimistic Scenario), By Region, 2017–2030 (Units)
Table 5 Hybrid Train Market (Pessimistic), By Region, 2017–2030 (Units)
Table 6 Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 7 Battery Powered: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 8 Electro Diesel: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 9 CNG: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 10 LNG: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 11 Solar Powered: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 12 Hydrogen Powered: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 13 Hybrid Train Market Size, By Application Type, 2017–2030 (Units)
Table 14 Passenger: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 15 Freight: Hybrid Train Market, By Region, 2017-2030 (Units)
Table 16 Hybrid Train Market Size, By Operating Speed, 2017–2030 (Units)
Table 17 Below 100 Km/H: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 18 100–200 Km/H: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 19 Above 200 Km/H: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 20 Hybrid Train Market, By Region, 2017–2030 (Units)
Table 21 Asia Oceania: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 22 China: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 23 Japan: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 24 India: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 25 South Korea: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 26 New Zealand: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 27 Australia: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 28 Europe: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 29 France: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 30 Germany: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 31 Spain: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 32 Austria: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 33 UK: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 34 North America: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 35 US: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 36 Canada: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 37 Mexico: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 38 Middle East & Africa: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 39 South Africa: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 40 United Arab Emirates: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 41 Egypt: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 42 RoW: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 43 Brazil: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 44 Russia: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 45 New Product Developments, 2017–2018
Table 46 Mergers & Acquisitions, 2016–2019
Table 47 Partnerships/Supply Contracts/Collaborations/Joint Ventures/ Agreements, 2016–2019
Table 48 Expansions, 2016–2018


List of Figures (47 Figures)

Figure 1 Hybrid Train Market Segmentation
Figure 2 Hybrid Train Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Market Size Estimation Methodology for the Hybrid Train Market: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology for the Hybrid Train Market: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Hybrid Train Market: Market Dynamics
Figure 9 Hybrid Train Market, By Region, 2019–2025 (Units)
Figure 10 Passenger Segment Held the Largest Share in the Hybrid Train Market in 2019
Figure 11 Increasing Demand for Greener Transport is Driving the Hybrid Train Market, 2019–2030 (Units)
Figure 12 Hybrid Train Market Share, By Region, Units, 2030
Figure 13 Passenger Segment to Account for the Largest Share in Asia Oceania Hybrid Train Market, 2019
Figure 14 Passenger Segment Expected to Dominate During the Forecast Period
Figure 15 100–200 Km/H Expected to Dominate During the Forecast Period
Figure 16 Electro Diesel Type Expected to Dominate During the Forecast Period
Figure 17 Hybrid Train Market: Market Dynamics
Figure 18 Hybrid Train Market– Future Trends & Scenario, 2017–2030 (Units)
Figure 19 Hydrogen Train is Expected to Grow at the Highest Cagr During the Forecast Period (2019–2030)
Figure 20 Freight Segment to Grow at A Higher Cagr During the Forecast Period (2019–2030)
Figure 21 Below 100 Km/H Segment is Expected to Grow at A Higher Cagr During the Forecast Period (2019–2030)
Figure 22 Hybrid Train Market, By Region, 2019 vs. 2030
Figure 23 Asia Oceania: Hybrid Train Market Snapshot
Figure 24 Europe: Hybrid Train Market, By Country, 2019 vs. 2030 (Units)
Figure 25 North America: Hybrid Train Market Snapshot
Figure 26 Middle East & Africa: Hybrid Train Market, By Country, 2019 vs. 2030 (Units)
Figure 27 RoW: Hybrid Train Market, By Country, 2019 vs. 2030 (Units)
Figure 28 Key Developments By Leading Players in the Hybrid Train Market, 2016–2019
Figure 29 Market Ranking 2018
Figure 30 Hybrid Train Market: Competitive Leadership Mapping, 2018
Figure 31 CRRC: Company Snapshot
Figure 32 CRRC Corporation: SWOT Analysis
Figure 33 Bombardier: Company Snapshot
Figure 34 Bombardier: SWOT Analysis
Figure 35 Alstom: Company Snapshot
Figure 36 Alstom: SWOT Analysis
Figure 37 Kawasaki Heavy Industries: Company Snapshot
Figure 38 Kawasaki Heavy Industries: SWOT Analysis
Figure 39 Siemens: Comapany Snapshot
Figure 40 Siemens: SWOT Analysis
Figure 41 General Electric: Company Snapshot
Figure 42 Hyundai Rotem Company: Company Snapshot
Figure 43 Toshiba: Company Snapshot
Figure 44 Hitachi: Company Snapshot
Figure 45 Construcciones Y Auxiliar De Ferrocarriles S.A.: Company Snapshot
Figure 46 Toyota: Company Snapshot
Figure 47 Cummins Inc.: Company Snapshot

The study involved four major activities in estimating the current market size of the hybrid train market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down approach was employed to estimate the complete market size. Thereafter, market breakdown and data triangulation processes were used to estimate the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, publications of railway OEMs, Canadian Automobile Association (CAA), country-level railway associations and trade organizations, and the US Department of Transportation (DOT)], railway magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, and technical articles have been used to identify and collect information useful for an extensive commercial study of the global hybrid train market.

Primary Research

Extensive primary research has been conducted after acquiring an understanding of this market scenario through secondary research. Several primary interviews have been conducted with market experts from the demand- and supply-side OEMs (in terms of component supply, country-level government associations, and trade associations) and component manufacturers across five major regions, namely, North America, Europe, Asia Pacific, Middle East & Africa and Rest of the World. Approximately 23% and 77% of primary interviews have been conducted from the demand- and supply-side, respectively. Primary data has been collected through questionnaires, emails, LinkedIn, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.

After interacting with industry experts, we conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the remainder of this report. Following is the breakdown of primary respondents.

Hybrid Train Market

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The top-down approach was used to estimate and validate the total market size. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size—using the market size estimation processes as explained above—the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To segment and forecast this market in terms of volume (Units).
  • To define, describe, and forecast the market based on propulsion type, operating speed type, application, and region
  • To segment and forecast the market by propulsion type (Battery powered, Electro-diesel, CNG, LNG, Hydrogen train, and Solar-powered train)
  • To segment and forecast the market by application type (Passenger and Freight)
  • To segment and forecast the market by operating speed type (Below 100 km/h, 100-200 km/h and Above 200 km/h)
  • To forecast the market size with respect to key regions, namely, North America, Europe, Asia Pacific, Middle East & Africa, and Rest of the World.
  • To provide detailed information regarding the major factors influencing market growth (drivers, challenges, restraints, and opportunities)
  • To strategically analyze markets with respect to individual growth trends, future prospects, and contribution to the total market.
  • To analyze opportunities for stakeholders and details of the competitive landscape for market leaders
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To analyze recent developments, alliances, joint ventures, product innovations, and mergers & acquisitions in the hybrid train market

Scope of the Report

Report Metric

Details

Market size available for years

2017–2030

Base year considered

2018

Forecast period

2019–2030

Forecast units

Volume (Units)

Segments covered

Application type, Propulsion type, Operating Speed type

Geographies covered

North America, Asia Pacific, Europe, Middle East & Africa, and Rest of the World

Companies Covered

Alstom (France), Bombardier (Canada), CRRC (China), Kawasaki (Japan), and Siemens (Germany).
A total of 29 major players covered

This research report categorizes the given market based on application type, propulsion type, operating speed type, and region.

On the basis of Application Type, it has been segmented as follows:

  • Freight
  • Passenger

On the basis of Propulsion Type, the given market has been segmented as follows:

  • Battery Operated
  • CNG
  • Electro Diesel
  • LNG
  • Hydrogen
  • Solar Powered

On the basis of Operating Speed Type, the market has been segmented as follows:

  • Below 100 KM/H
  • 100-200 KM/H
  • Above 200 KM/H

On the basis of Region, the market has been segmented as follows:

  • Asia Pacific
    • Australia
    • China
    • India
    • Japan
    • New Zealand
    • South Korea
  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Austria
    • France
    • Germany
    • Italy
    • Spain
    • UK
  • Middle East & Africa
    • Egypt
    • South Africa
    • UAE
  • Rest of the World
    • Brazil
    • Russia

Available Customizations

With the given market data, MarketsandMarkets offers customizations in accordance to the company’s specific needs.

    • Market, By Operating speed type at country level
    • Company Information
      • Profiling of Additional Market Players (Up to 3)
Report Code
AT 7055
Published ON
Apr, 2019
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