Hybrid Train Market

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

Report Code: AT 7055 Aug, 2020, by marketsandmarkets.com

[194 Pages Report] The global hybrid train market size is projected to grow from 4,904 units in 2020 to 8,389 units by 2030, at a CAGR of 5.5%. Factors such as high gasoline prices, traffic congestion, and greenhouse gas emissions have compelled railway OEMs to explore beyond the use of conventional propulsion systems in trains.

In this pursuit, OEMs are working toward developing hybrid trains that use or combine alternative fuel sources, such as hydrogen fuel cells, electric batteries, CNG, LNG, and solar energy, to meet the required efficiency and emission standards. The scarcity of natural resources and the rising cost of fuel will likely shift the focus from diesel trains to eco-friendly transport and boost the demand for hybrid trains during the forecast period. Also, from the demand side, train operators, freight companies, and government bodies are now more inclined toward trains having efficient and eco-friendly operations. Many countries have announced the phasing out of conventional diesel trains, which are responsible for greenhouse gas emissions.

Hybrid Train Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 Impact On Hybrid Train Market:

The COVID-19 pandemic is expected to have a severe impact on the hybrid train market. Both the production and sales of new rail vehicles have come to a halt across the globe as the whole ecosystem has been disrupted. OEMs had to wait until lockdowns were lifted to resume production, which affected their business. Post the pandemic, the demand for new trains will be significantly low, as people will avoid public transport, preferring private vehicles to avoid crowds. In addition, component manufacturing is also suspended, and small Tier II and Tier III manufacturers could face liquidity issues. The railway industry is highly capital-intensive and relies on frequent financing to continue operations. Thus, the production suspension during the outbreak and lower demand post the pandemic will have an unprecedented impact on hybrid train providers.

In March 2020, Bombardier announced the suspension of its plants in the provinces of Quebec and Ontario due to the spread of COVID-19, while Alstom had a negative impact on its financial performance, like most companies in Europe. As stated by Alstom, the sales of the company dropped by 27% in its first quarter (April-June) of the financial year 2020-21. CAF, too, suffered from the financial effects of the COVID-19 pandemic. The company suspended operations in its Spanish facilities at the end of March 2020. However, it restarted operations gradually from April 20, 2020, with necessary safety measures in place.

Market Dynamics:

Driver: Growing demand for energy-efficient and less polluting train operations

Increasing stringency of emission norms by governments in several countries has compelled train manufacturers to adopt less pollution-causing trains. Thus, companies like Alstom, Bombardier, Siemens, Wabtec Corporation, and others are investing in several alternative fuel-powered trains. For instance, Alstom was one of the first companies to unveil a hydrogen-powered train. In March 2018, Alstom received two orders for the supply of a total of 25 Coradia Lint hydrogen-based regional trains in southern Germany. In September 2018, Bombardier introduced its new Electro-Hybrid Train Talent 3, which 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.

Various freight companies have started taking an interest in hybrid trains to cut down operating costs by eliminating fuel and maintenance costs. The total cost of ownership (TCO) plays a key role in the freight industry and affects profit margins. Fuel expenses are high while covering long distances using conventional diesel trains. However, the use of electrified, fuel cell, CNG, and LNG hybrid trains reduces these expenses by almost 50%. Increasing the modal share of railways is considered a cost-effective method of increasing the use of renewable energy in transport, thereby reducing greenhouse gas (GHG) emissions. These factors are expected to drive the growth of the hybrid train market.

Restraint: High development cost and complexities involved in hybrid train technologies and related infrastructure

Trains and their supporting infrastructure are highly capital-intensive. They require a high amount of financial support from local and country-level governments. Metropolitan regions face traffic congestion and increased demand for public transport. Government bodies are expected to invest heavily in developing support infrastructure and improving existing infrastructure to accommodate this demand. These investments result in new orders for trains. However, the high cost of new rail vehicles could discourage investments and act as a restraint. As the RoI period is long, it could hinder the growth of capital-intensive projects or technologies.

The challenge in using hydrogen as a fuel type is the high cost associated; Alstom’s hydrogen train costs around USD 6.10 million. Also, since hydrogen is stored in a liquid form at very low temperatures, under pressure, or by chemical compounding, it takes up more space and increases the overall weight of the vehicle. The development cost of an electric hybrid train is high due to the high development cost of the Li-ion batteries and the required overhead network lines. According to HydroFLEX’s engineers in the UK, the electrification of a 1-km stretch of railway track costs between USD 965,000 to USD 1.3 million.

Opportunity:Government support for alternative fuel-powered railway operations

The increasing focus of government bodies across the globe on the adoption of emission-free public transport modes, including railway operations of passenger and freight transport, might create an opportunity for OEMs to develop more hybrid trains that are compliant with emission standards. Although railways are not the biggest source of air pollution as far as public and freight transport mediums are considered, opting for hybrid trains will significantly reduce the emission levels caused by conventional diesel trains. Also, hybrid trains are low on operating costs, which will save money for governments as well. Many governments have recognized the need for it, and thus, are acting toward achieving it. For instance, in 2018, the Indian government approved the proposal of 100% electrification of trains in the country by 2022, which will save the Indian Railways around 2.9 billion liters of diesel annually. The government also claimed savings of around INR 13,510 crore (~USD 1.9 billion) annually by 100% electrification. The UK government will be phasing out trains that run solely on diesel fuel by 2040. As of 2018-19, around 29% of total trains in the UK are operated only on diesel; thus, the decision to phase these out will create a huge opportunity for hybrid train manufacturers in the future.

Challenge: Covid-19 impact on the overall public transport demand

Post the COVID-19 pandemic, people across the world will avoid using public transport to avoid crowds. Most people will opt for personal/private vehicles for traveling and commuting, which is expected to impact new train sales significantly. The demand for trains is expected to decline due to reduced train operations, affecting the global train industry as well as its entire ecosystem. This reduced demand will slow down the growth rate of hybrid trains as well.

Hybrid Train Market Ecosystem

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

The passenger segment is expected to be the largest during the forecast period

The passenger segment is estimated to be the largest market in the forecast. The hybrid train offers cost-effective and efficient transportation of passengers as well as freight. Several cities are implementing new rail infrastructure projects to reduce road congestion and provide an affordable means of transportation at an intercity as well as an 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.

100-200 km/h segment will be leading the hybrid train market during the forecast period

As of 2020, the 100-200 km/h segment is estimated to be the largest segment in the hybrid train market. The dominance of electro-diesel trains in the hybrid train market is the key reason that the 100-200 km/h segment is leading the market. Most of these trains are running with a maximum speed between 100–200 km/h. Apart from electro-diesel, companies are now offering battery-electric as well as hydrogen fuel cell-powered trains with maximum speeds between 100 km/h and 200 km/h. For instance, Alstom offers battery hybrid (yet to be deployed on Leipzig-Chemnitz line) and hydrogen passenger trains in Germany, with maximum speeds of up to 160 km/h and 140 km/h, respectively.

The Asia Oceania hybrid train market is projected to hold the largest share by 2030

Asia Oceania is projected to account for the largest share of the hybrid train market during the forecast period as it is home to renowned hybrid train manufacturers such as CRRC, Hyundai Rotem, and Toshiba, which offer advanced solutions in the region as well as all over the world. The Chinese and Indian railway industries are the prime reasons why the region is leading the global hybrid train market. These countries have a large and dense railway network, and they are trying to promote eco-friendly trains as well. Thus, the growing sales of electro-diesel trains in these countries will be driving the market in Asia Oceania. Japan and South Korea have developed, tested, and deployed some advanced hybrid trains. For instance, JR East, the largest passenger railway company in Japan, is planning to develop and test new hydrogen fuel cell-powered electric trains at the beginning of 2021. Apparently, the company will be spending around USD 37 million for the testing.

Hybrid Train Market by Region

Key Market Players

The global hybrid train market is dominated by major players such as CRRC (China), Bombardier (Canada), Alstom (France), Siemens (Germany), and Wabtec Corporation (US). These companies also offer extensive products and solutions for the railway industry; and have strong distribution networks at the global level, and they invest heavily in R&D to develop new products.

Scope of the Report

Report Metric

Details

Market size available for years

2018–2030

Base year considered

2019

Forecast period

2020-2030

Forecast units

Volume (Units)

Segments covered

Propulsion Type, Application, Operating Speed, Battery Technology (Qualitative), and Region

Geographies covered

Asia Oceania, Europe, Middle East & Africa, North America, and RoW

Companies Covered

CRRC (China), Bombardier (Canada), Alstom (France), Siemens (Germany), and Wabtec Corporation (US)
A total of 27 major company profiles covered and provided

This research report categorizes the hybrid train market based on propulsion type, application, operating speed, battery technology, and region.

Based on the propulsion type:

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

Based on the application:

  • Freight
  • Passenger

Based on the operational speed:

  • Below 100 km/h
  • 100-200 km/h
  • Above 200 km/h

Based on the battery technology (qualitative):

  • Gel Tubular
  • Valve Regulated Lead-Acid (VRLA)
  • Conventional Lead-Acid
  • Sinter PNE
  • Fiber PNE
  • Pocket Plate
  • Lithium-Ion

Based on the region:

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

Recent Developments

  • In July 2020, Hitachi Rail and Hyperdrive Innovation signed an exclusive agreement to develop battery packs to power zero-emission trains and create a battery hub in the North East of the UK.
  • In July 2020, Cummins Inc. announced an agreement to form a joint venture with NPROXX, a leader in hydrogen storage and transportation, for hydrogen storage tanks. The joint venture will continue under the name NPROXX. The joint venture will provide customers with hydrogen and compressed natural gas storage products for both on-highway and rail applications..
  • In March 2020, Siemens Mobility received the first order for battery-powered trains. SFBW ordered 20 Mireo Plus B trains from Siemens Mobility. The two-car electric trainsets with 120 seats can operate on rail routes with or without overhead power lines thanks to their battery hybrid drive and are scheduled to operate in Network 8 of the Ortenau regional system.
  • In September 2019, Cummins Inc. (NYSE: CMI) closed on the previously announced acquisition of fuel cell and hydrogen production technologies provider, Hydrogenics Corporation.
  • In June 2019, Hyundai Rotem teamed up with Hyundai Motor Company to develop hydrogen-electric trains by the end of 2020.
  • In February 2019, Wabtec Corporation announced a successful merger with GE Transportation.
  • In December 2018, Hitachi Rail Europe (HRE) worked with the University of Birmingham to test hydrogen trains on known rail routes.

Frequently Asked Questions (FAQ):

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

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 21)
    1.1 OBJECTIVES OF THE STUDY
    1.2 PRODUCT DEFINITION
           1.2.1 INCLUSIONS & EXCLUSIONS
                 TABLE 1 INCLUSIONS & EXCLUSIONS FOR HYBRID TRAIN MARKET
    1.3 MARKET SCOPE
        FIGURE 1 HYBRID TRAIN: MARKETS COVERED
           1.3.1 YEARS CONSIDERED FOR THE STUDY
    1.4 PACKAGE SIZE
    1.5 LIMITATIONS
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 26)
    2.1 RESEARCH DATA
        FIGURE 2 HYBRID TRAIN MARKET: RESEARCH DESIGN
        FIGURE 3 RESEARCH METHODOLOGY MODEL
    2.2 SECONDARY DATA
           2.2.1 KEY SECONDARY SOURCES
           2.2.2 KEY DATA FROM SECONDARY SOURCES
    2.3 PRIMARY DATA
        FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS
           2.3.1 SAMPLING TECHNIQUES & DATA COLLECTION METHODS
           2.3.2 PRIMARY PARTICIPANTS
    2.4 MARKET SIZE ESTIMATION
           2.4.1 BOTTOM-UP APPROACH
                 FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY FOR THE HYBRID TRAIN MARKET: BOTTOM-UP APPROACH
           2.4.2 TOP-DOWN APPROACH
                 FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY FOR THE HYBRID TRAIN MARKET: TOP-DOWN APPROACH
    2.5 MARKET BREAKDOWN AND DATA TRIANGULATION
        FIGURE 7 DATA TRIANGULATION
    2.6 ASSUMPTIONS & LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 34)
    3.1 INTRODUCTION
        FIGURE 8 HYBRID TRAIN MARKET: MARKET DYNAMICS
        FIGURE 9 HYBRID TRAIN MARKET, BY REGION, 2020–2030
        FIGURE 10 HYBRID TRAIN MARKET, BY PROPULSION TYPE, 2020 VS. 2030
           3.1.1 COVID-19 IMPACT ON HYBRID TRAIN MARKET, 2018–2030

4 PREMIUM INSIGHTS (Page No. - 38)
    4.1 ATTRACTIVE OPPORTUNITIES IN THE HYBRID TRAIN MARKET
        FIGURE 11 INCREASING DEMAND FOR EFFICIENT & LESS CARBON EMITTING TRAINS TO DRIVE THE MARKET
    4.2 HYBRID TRAIN MARKET GROWTH RATE, BY REGION
        FIGURE 12 ASIA OCEANIA IS PROJECTED TO BE THE LARGEST MARKET
    4.3 HYBRID TRAIN MARKET, BY PROPULSION
        FIGURE 13 ELECTRO DIESEL SEGMENT TO BE THE LARGEST, 2020 VS. 2030 (UNITS)
    4.4 HYBRID TRAIN MARKET, BY APPLICATION
        FIGURE 14 PASSENGER SEGMENT IS EXPECTED TO BE THE LARGEST, 2020 VS. 2030 (UNITS)
    4.5 HYBRID TRAIN MARKET, BY OPERATING SPEED
        FIGURE 15 100-200 KM/H SEGMENT IS PROJECTED TO BE THE LARGEST, 2020 VS. 2030 (UNITS)

5 MARKET OVERVIEW (Page No. - 41)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
        FIGURE 16 HYBRID TRAIN MARKET: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Growing demand for energy-efficient and less polluting train operations
                    5.2.1.2 Benefits of hybrid trains over conventional diesel trains
           5.2.2 RESTRAINTS
                    5.2.2.1 High development cost and complexities involved in hybrid train technologies and related infrastructure
                    5.2.2.2 Refurbishment of existing trains
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Availability of alternative fuel options
                            TABLE 2 DIESEL VS. CNG VS. LNG
                    5.2.3.2 Government support for alternative fuel-powered railway operations
                    5.2.3.3 Increasing railway operations in industrial and mining activities
                    5.2.3.4 Fluctuating fuel prices
                            TABLE 3 NATIONAL AVERAGE RETAIL FUEL PRICES OF CONVENTIONAL AND ALTERNATIVE FUELS
           5.2.4 CHALLENGES
                    5.2.4.1 COVID-19 impact on the overall public transport demand
           5.2.5 IMPACT OF MARKET DYNAMICS
                 TABLE 4 HYBRID TRAIN MARKET: IMPACT OF MARKET DYNAMICS
    5.3 PORTER’S FIVE FORCES
        FIGURE 17 PORTER’S FIVE FORCES: HYBRID TRAIN MARKET
    5.4 AVERAGE SELLING PRICE TREND
        FIGURE 18 PRICING TREND ANALYSIS: NATURAL GAS PRICE IN US (2015-2019)
        FIGURE 19 PRICING TREND ANALYSIS: NATURAL GAS PRICE IN US: COMMERCIAL SECTOR (2015-2019)
    5.5 VALUE CHAIN ANALYSIS
        FIGURE 20 HYBRID TRAIN MARKET: VALUE CHAIN ANALYSIS
    5.6 ECOSYSTEM ANALYSIS
        FIGURE 21 HYBRID TRAIN MARKET: ECOSYSTEM ANALYSIS
    5.7 TARIFF AND REGULATORY OVERVIEW
           5.7.1 US
           5.7.2 EUROPE
                 TABLE 5 STANDARDS: RAIL TRACTION ENGINES (STAGE III A)
                 TABLE 6 STANDARDS: RAIL TRACTION ENGINES (STAGE III B)
    5.8 TRADE ANALYSIS
           5.8.1 CHINA
           5.8.2 GERMANY
    5.9 TECHNOLOGY ANALYSIS
           5.9.1 INTRODUCTION
           5.9.2 REGENERATIVE BRAKING IN TRAINS
           5.9.3 AUTONOMOUS TRAINS
           5.9.4 AI IN MAINTENANCE AND OVERHAUL
           5.9.5 USE OF FUEL CELLS FOR HEAVY LOAD TRANSPORTATION
                 FIGURE 22 TIMELINE OF FUEL CELL MASS MARKET ACCEPTABILITY IN TRANSPORTATION SECTOR, 2016–2050
    5.10 CASE STUDY ANALYSIS
           5.10.1 HYDROFLEX IN UK
           5.10.2 FIRST SOLAR-POWERED TRAIN
    5.11 PATENT ANALYSIS
         TABLE 7 IMPORTANT PATENT REGISTRATIONS RELATED TO HYBRID TRAIN MARKET
    5.12 COVID-19 IMPACT ANALYSIS
           5.12.1 INTRODUCTION TO COVID-19
           5.12.2 IMPACT ON HYBRID TRAIN MARKET
    5.13 HYBRID TRAIN MARKET, SCENARIOS (2020–2025)
        FIGURE 23 HYBRID TRAIN MARKET – FUTURE TRENDS & SCENARIO, 2020–2030 (UNITS)
           5.13.1 MOST LIKELY SCENARIO
                  TABLE 8 MOST LIKELY SCENARIO, BY REGION, 2020–2030 (UNITS)
           5.13.2 OPTIMISTIC SCENARIO
                  TABLE 9 OPTIMISTIC SCENARIO, BY REGION, 2020–2030 (UNITS)
           5.13.3 PESSIMISTIC SCENARIOS
                  TABLE 10 PESSIMISTIC SCENARIO, BY REGION, 2020–2030 (UNITS)
           5.13.4 ONGOING & UPCOMING PROJECTS RELATED TO HYBRID TRAINS
                  TABLE 11 SOME NOTEWORTHY ONGOING & UPCOMING TESTING, PROJECTS, AND OPERATIONS RELATED TO HYBRID TRAINS:

6 HYBRID TRAIN MARKET, BY BATTERY TECHNOLOGY (Page No. - 61)
    6.1 INTRODUCTION
    6.2 GEL TUBULAR LEAD-ACID BATTERY
    6.3 VALVE REGULATED LEAD-ACID BATTERY(VRLA)
    6.4 CONVENTIONAL LEAD-ACID BATTERY
    6.5 SINTERED PNE NICKEL-CADMIUM BATTERY
    6.6 FIBER PNE NICKEL-CADMIUM BATTERY
    6.7 POCKET PLATE NICKEL-CADMIUM BATTERY
    6.8 LITHIUM-ION

7 HYBRID TRAIN MARKET, BY APPLICATION (Page No. - 64)
    7.1 INTRODUCTION
        FIGURE 24 FREIGHT SEGMENT TO GROW AT A HIGHER CAGR DURING THE FORECAST PERIOD (2020–2030)
        TABLE 12 HYBRID TRAIN MARKET SIZE, BY APPLICATION, 2017–2019 (UNITS)
        TABLE 13 HYBRID TRAIN MARKET SIZE, BY APPLICATION, 2020–2030 (UNITS)
    7.2 OPERATIONAL DATA
        TABLE 14 SOME OF THE COMPANIES INVOLVED IN PASSENGER AND FREIGHT HYBRID TRAINS
           7.2.1 RESEARCH METHODOLOGY
    7.3 PASSENGER
           7.3.1 RISING DEMAND FOR ENERGY-EFFICIENT MOBILITY OF PEOPLE TO BOOST THE SEGMENT
                 TABLE 15 PASSENGER: HYBRID TRAIN MARKET, BY REGION, 2017–2019 (UNITS)
                 TABLE 16 PASSENGER: HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
    7.4 FREIGHT
           7.4.1 FUEL COST BENEFITS TO DRIVE THE FREIGHT SEGMENT
                 TABLE 17 FREIGHT: HYBRID TRAIN MARKET, BY REGION, 2017-2019 (UNITS)
                 TABLE 18 FREIGHT: HYBRID TRAIN MARKET, BY REGION, 2020-2030 (UNITS)
    7.5 KEY PRIMARY INSIGHTS

8 HYBRID TRAIN MARKET, BY OPERATING SPEED (Page No. - 71)
    8.1 INTRODUCTION
        FIGURE 25 100–200 KM/H SEGMENT TO HAVE THE LARGEST MARKET DURING THE FORECAST PERIOD (2020–2030)
        TABLE 19 HYBRID TRAIN MARKET SIZE, BY OPERATING SPEED, 2017–2019 (UNITS)
        TABLE 20 HYBRID TRAIN MARKET SIZE, BY OPERATING SPEED, 2020–2030 (UNITS)
    8.2 OPERATIONAL DATA
        TABLE 21 SOME HYBRID TRAINS AND THEIR OPERATIONAL SPEEDS
           8.2.1 ASSUMPTIONS
           8.2.2 RESEARCH METHODOLOGY
    8.3 BELOW 100 KM/H
           8.3.1 INNOVATIVE PROPULSION TECHNOLOGIES WILL DRIVE THE SEGMENT
                 TABLE 22 BELOW 100 KM/H: HYBRID TRAIN MARKET, BY REGION, 2017–2030 (UNITS)
                 TABLE 23 BELOW 100 KM/H: HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
    8.4 100–200 KM/H
           8.4.1 MAJORITY OF HYBRID TRAINS RUN AT AN OPERATING SPEED OF 100–200 KM/H
                 TABLE 24 100–200 KM/H: HYBRID TRAIN MARKET, BY REGION, 2017–2019 (UNITS)
                 TABLE 25 100–200 KM/H: HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
    8.5 ABOVE 200 KM/H
           8.5.1 INCREASING DEMAND FOR RAPID TRANSPORTATION AND CONTINUOUS DEVELOPMENTS IN HYBRID TECHNOLOGIES TO DRIVE THE SEGMENT
                 TABLE 26 ABOVE 200 KM/H: HYBRID TRAIN MARKET, BY REGION, 2017–2019 (UNITS)
                 TABLE 27 ABOVE 200 KM/H: HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
    8.6 KEY PRIMARY INSIGHTS

9 HYBRID TRAIN MARKET, BY PROPULSION (Page No. - 78)
    9.1 INTRODUCTION
        FIGURE 26 ELECTRO DIESEL TO HAVE THE LARGEST MARKET DURING THE FORECAST PERIOD (2020–2030)
        TABLE 28 HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
        TABLE 29 HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
    9.2 OPERATIONAL DATA
        TABLE 30 VARIOUS HYBRID TRAINS WITH PROPULSION TYPE AND LOCATION OF DEPLOYMENT
           9.2.1 ASSUMPTIONS
           9.2.2 RESEARCH METHODOLOGY
    9.3 BATTERY POWERED
           9.3.1 CONTINUOUS ADVANCEMENTS IN BATTERY TECHNOLOGIES TO DRIVE THE SEGMENT
                 TABLE 31 BATTERY POWERED: HYBRID TRAIN MARKET, BY REGION, 2017–2019 (UNITS)
                 TABLE 32 BATTERY POWERED: HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
    9.4 ELECTRO DIESEL
           9.4.1 LARGE SALES VOLUME IN CHINA TO DRIVE THE ELECTRO DIESEL SEGMENT IN ASIA OCEANIA
                 TABLE 33 ELECTRO DIESEL: HYBRID TRAIN MARKET, BY REGION, 2017–2019 (UNITS)
                 TABLE 34 ELECTRO DIESEL: HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
    9.5 CNG
           9.5.1 HIGH INSTALLATION COST WILL RESTRICT THE GROWTH OF CNG POWERED TRAINS
                 TABLE 35 CNG: HYBRID TRAIN MARKET, BY REGION, 2017–2030 (UNITS)
    9.6 LNG
           9.6.1 ADVANTAGES OVER CNG PROPULSION MIGHT CREATE OPPORTUNITIES FOR LNG POWERED TRAINS IN FUTURE
                 TABLE 36 LNG: HYBRID TRAIN MARKET, BY REGION, 2017–2030 (UNITS)
    9.7 SOLAR POWERED
           9.7.1 ASIA OCEANIA TO LEAD THE SOLAR-POWERED TRAIN MARKET
                 TABLE 37 SOLAR POWERED: HYBRID TRAIN MARKET, BY REGION, 2017–2019 (UNITS)
                 TABLE 38 SOLAR POWERED: HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
    9.8 HYDROGEN POWERED
           9.8.1 BENEFIT OF CLEAN TRANSPORTATION WILL BOOST DEMAND FOR HYDROGEN POWERED TRAINS
                 TABLE 39 HYDROGEN POWERED: HYBRID TRAIN MARKET, BY REGION, 2017–2019 (UNITS)
                 TABLE 40 HYDROGEN POWERED: HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
    9.9 KEY PRIMARY INSIGHTS

10 HYBRID TRAIN MARKET, BY REGION (Page No. - 88)
     10.1 INTRODUCTION
          FIGURE 27 HYBRID TRAIN MARKET, BY REGION, 2020 VS. 2030
          TABLE 41 HYBRID TRAIN MARKET, BY REGION, 2017–2019 (UNITS)
          TABLE 42 HYBRID TRAIN MARKET, BY REGION, 2020–2030 (UNITS)
     10.2 ASIA OCEANIA
          FIGURE 28 ASIA OCEANIA: HYBRID TRAIN MARKET SNAPSHOT
          TABLE 43 ASIA OCEANIA: HYBRID TRAIN MARKET, BY COUNTRY, 2017–2019 (UNITS)
          TABLE 44 ASIA OCEANIA: HYBRID TRAIN MARKET, BY COUNTRY, 2020–2030 (UNITS)
             10.2.1 CHINA
                        10.2.1.1 Focus on developing advanced railway infrastructure will drive the market
                                 TABLE 45 CHINA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 46 CHINA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.2.2 JAPAN
                        10.2.2.1 Presence of leading hybrid train players to drive the market
                                 TABLE 47 JAPAN: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 48 JAPAN: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.2.3 INDIA
                        10.2.3.1 Indian Railways is eyeing complete electrification of its lines by 2024
                                 TABLE 49 INDIA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 50 INDIA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.2.4 SOUTH KOREA
                        10.2.4.1 Investments in hybrid train infrastructure to drive the market
                                 TABLE 51 SOUTH KOREA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 52 SOUTH KOREA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.2.5 NEW ZEALAND
                        10.2.5.1 Upcoming hybrid train projects will drive the market
                                 TABLE 53 NEW ZEALAND: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 54 NEW ZEALAND: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.2.6 AUSTRALIA
                        10.2.6.1 Government initiatives will drive the market
                                 TABLE 55 AUSTRALIA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 56 AUSTRALIA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
     10.3 EUROPE
          FIGURE 29 EUROPE: HYBRID TRAIN MARKET, BY COUNTRY, 2020 VS. 2030 (UNITS)
          TABLE 57 EUROPE: HYBRID TRAIN MARKET, BY COUNTRY, 2017–2019 (UNITS)
          TABLE 58 EUROPE: HYBRID TRAIN MARKET, BY COUNTRY, 2020–2030 (UNITS)
             10.3.1 FRANCE
                        10.3.1.1 Battery-hybrid and electro-diesel trains will be dominating the market
                                 TABLE 59 FRANCE: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 60 FRANCE: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.3.2 GERMANY
                        10.3.2.1 Germany is at the center of the European hybrid train market
                                 TABLE 61 GERMANY: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 62 GERMANY: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.3.3 ITALY
                        10.3.3.1 Battery-hybrid and electro-diesel trains will be dominating the market
                                 TABLE 63 ITALY: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 64 ITALY: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.3.4 SPAIN
                        10.3.4.1 Government regulations and policies to meet environmental standards will drive the market
                                 TABLE 65 SPAIN: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 66 SPAIN: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.3.5 AUSTRIA
                        10.3.5.1 Replacement of existing diesel trains with electro-diesel trains to drive the market
                                 TABLE 67 AUSTRIA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 68 AUSTRIA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.3.6 UK
                        10.3.6.1 Government focus on phasing out diesel trains to drive the market
                                 TABLE 69 UK: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 70 UK: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
     10.4 NORTH AMERICA
          FIGURE 30 NORTH AMERICA: HYBRID TRAIN MARKET SNAPSHOT
          TABLE 71 NORTH AMERICA: HYBRID TRAIN MARKET, BY COUNTRY, 2017–2019 (UNITS)
          TABLE 72 NORTH AMERICA: HYBRID TRAIN MARKET, BY COUNTRY, 2020–2030 (UNITS)
             10.4.1 US
                        10.4.1.1 Growing demand for hybrid freight trains will boost the market
                                 TABLE 73 US: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 74 US: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.4.2 CANADA
                        10.4.2.1 Government subsidies for greener transport will boost the market
                                 TABLE 75 CANADA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 76 CANADA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.4.3 MEXICO
                        10.4.3.1 Increasing demand for reduction in carbon emissions will drive the market
                                 TABLE 77 MEXICO: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 78 MEXICO: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
     10.5 MIDDLE EAST & AFRICA
          FIGURE 31 MIDDLE EAST & AFRICA: HYBRID TRAIN MARKET, BY COUNTRY, 2020 VS. 2030 (UNITS)
          TABLE 79 MIDDLE EAST & AFRICA: HYBRID TRAIN MARKET, BY COUNTRY, 2017–2019 (UNITS)
          TABLE 80 MIDDLE EAST & AFRICA: HYBRID TRAIN MARKET, BY COUNTRY, 2020–2030 (UNITS)
             10.5.1 SOUTH AFRICA
                        10.5.1.1 Increasing government spending for purchase of greener trains will drive the market
                                 TABLE 81 SOUTH AFRICA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 82 SOUTH AFRICA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.5.2 UNITED ARAB EMIRATES
                        10.5.2.1 Advancements in railway technologies will drive demand in future
                                 TABLE 83 UAE: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 84 UAE: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.5.3 EGYPT
                        10.5.3.1 Government plans to develop hybrid train lines for tourism will drive the market
                                 TABLE 85 EGYPT: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 86 EGYPT: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
     10.6 REST OF THE WORLD
          FIGURE 32 ROW: HYBRID TRAIN MARKET, BY COUNTRY, 2020 VS. 2030 (UNITS)
          TABLE 87 ROW: HYBRID TRAIN MARKET, BY COUNTRY, 2017–2019 (UNITS)
          TABLE 88 ROW: HYBRID TRAIN MARKET, BY COUNTRY, 2020–2030 (UNITS)
             10.6.1 BRAZIL
                        10.6.1.1 Growing demand for energy-efficient transport will boost the market
                                 TABLE 89 BRAZIL: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 90 BRAZIL: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.6.2 RUSSIA
                        10.6.2.1 Significant demand for electro-diesel trains will drive the market
                                 TABLE 91 RUSSIA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 92 RUSSIA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)
             10.6.3 ARGENTINA
                        10.6.3.1 Billion-dollar deal with China to help the Argentinian railway industry
                                 TABLE 93 ARGENTINA: HYBRID TRAIN MARKET, BY PROPULSION, 2017–2019 (UNITS)
                                 TABLE 94 ARGENTINA: HYBRID TRAIN MARKET, BY PROPULSION, 2020–2030 (UNITS)

11 COMPETITIVE LANDSCAPE (Page No. - 122)
     11.1 MARKET EVALUATION FRAMEWORK
          FIGURE 33 MARKET EVALUATION FRAMEWORK
     11.2 OVERVIEW
          FIGURE 34 KEY DEVELOPMENTS BY LEADING PLAYERS IN THE HYBRID TRAIN MARKET
     11.3 MARKET SHARE ANALYSIS FOR HYBRID TRAIN MARKET
          FIGURE 35 MARKET SHARE ANALYSIS, 2019
     11.4 MARKET RANKING ANALYSIS FOR HYBRID TRAIN MARKET
          FIGURE 36 MARKET RANKING ANALYSIS, 2019
     11.5 MARKET EVALUATION FRAMEWORK: REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS
          FIGURE 37 TOP PUBLIC/LISTED PLAYERS DOMINATING THE HYBRID TRAIN MARKET IN LAST 3 YEARS
     11.6 COVID-19 IMPACT ON HYBRID TRAIN COMPANIES
     11.7 COMPETITIVE SCENARIO
             11.7.1 COLLABORATIONS/JOINT VENTURES/SUPPLY CONTRACTS/ PARTNERSHIPS/AGREEMENTS
                    TABLE 95 COLLABORATIONS/JOINT VENTURES/SUPPLY CONTRACTS/PARTNERSHIPS/ AGREEMENTS, 2018–2020
             11.7.2 NEW PRODUCT DEVELOPMENTS
                    TABLE 96 NEW PRODUCT DEVELOPMENTS, 2018–2020
             11.7.3 MERGERS & ACQUISITIONS, 2017–2020
                    TABLE 97 MERGERS & ACQUISITIONS, 2017–2020
             11.7.4 EXPANSIONS, 2017–2020
                    TABLE 98 EXPANSIONS, 2017–2020
     11.8 COMPETITIVE LEADERSHIP MAPPING FOR HYBRID TRAIN MARKET
             11.8.1 STARS
             11.8.2 EMERGING LEADERS
             11.8.3 PERVASIVE
             11.8.4 EMERGING COMPANIES
                    FIGURE 38 HYBRID TRAIN MARKET: COMPETITIVE LEADERSHIP MAPPING, 2019
     11.9 STRENGTH OF PRODUCT PORTFOLIO
          FIGURE 39 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN HYBRID TRAIN MARKET
     11.10 BUSINESS STRATEGY EXCELLENCE
           FIGURE 40 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN HYBRID TRAIN MARKET
     11.11 STARTUP/SME EVALUATION MATRIX, 2019
     11.12 WINNERS VS. TAIL-ENDERS
           TABLE 99 WINNERS VS. TAIL-ENDERS

12 COMPANY PROFILES (Page No. - 137)
(Business overview, Products offered, Recent Developments, SWOT analysis, MNM view)*
     12.1 CRRC
          FIGURE 41 CRRC: COMPANY SNAPSHOT
          FIGURE 42 CRRC CORPORATION: SWOT ANALYSIS
     12.2 BOMBARDIER
          FIGURE 43 BOMBARDIER: COMPANY SNAPSHOT
          FIGURE 44 BOMBARDIER: SWOT ANALYSIS
     12.3 ALSTOM
          FIGURE 45 ALSTOM: COMPANY SNAPSHOT
          FIGURE 46 ALSTOM: SWOT ANALYSIS
     12.4 SIEMENS
          FIGURE 47 SIEMENS: COMPANY SNAPSHOT
          TABLE 100 SIEMENS: MOBILITY REVENUE SHARE OVER THE YEARS
          FIGURE 48 SIEMENS: SWOT ANALYSIS
     12.5 WABTEC CORPORATION (GE TRANSPORTATION)
          FIGURE 49 WABTEC CORPORATION (GE TRANSPORTATION): COMPANY SNAPSHOT
          FIGURE 50 WABTEC CORPORATION: SWOT ANALYSIS
     12.6 HYUNDAI ROTEM
          FIGURE 51 HYUNDAI ROTEK COMPANY: COMPANY SNAPSHOT
     12.7 HITACHI
          FIGURE 52 HITACHI: COMPANY SNAPSHOT
     12.8 CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES (CAF)
          FIGURE 53 CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES S.A.: COMPANY SNAPSHOT
     12.9 TOSHIBA
          FIGURE 54 TOSHIBA: COMPANY SNAPSHOT
     12.10 CUMMINS
           FIGURE 55 CUMMINS INC.: COMPANY SNAPSHOT
     12.11 STADLER
           FIGURE 56 STADLER: COMPANY SNAPSHOT
     12.12 VIVARAIL
*Details on Business overview, Products offered, Recent Developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
     12.13 OTHER KEY PLAYERS
             12.13.1 NORTH AMERICA
                        12.13.1.1 BNSF
                        12.13.1.2 Ballard
                        12.13.1.3 Chart Industries
             12.13.2 EUROPE
                        12.13.2.1 ABB
                        12.13.2.2 Renfe Operadora
                        12.13.2.3 CK Investments
                        12.13.2.4 Skoda Transportation
                        12.13.2.5 DB Cargo
                        12.13.2.6 SNCF
                        12.13.2.7 Rolls-Royce
             12.13.3 ASIA
                        12.13.3.1 Yongji Xinshisu Electric Equipment Co., Ltd.
                        12.13.3.2 The Kinky Sharyo Co., Ltd.
                        12.13.3.3 KAWASAKI HEAVY INDUSTRIES
             12.13.4 MIDDLE EAST
                        12.13.4.1 Etihad Rail
             12.13.5 REST OF THE WORLD
                        12.13.5.1 Sinara Transport Machines

13 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 186)
     13.1 NORTH AMERICA HAS HUGE POTENTIAL AND WILL BE THE FASTEST GROWING MARKET
     13.2 HYDROGEN FUEL CELL POWERED TRAIN CAN BE A KEY FOCUS FOR TRAIN MANUFACTURERS
     13.3 CONCLUSION

14 APPENDIX (Page No. - 188)
     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

The study involved four major activities in estimating the current 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 and bottom-up approaches were 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/locomotive manufacturers, International Energy Agency (IEA), Federal Transit Administration (FTA), Regional Transportation Authority (RTA), country-level railway associations and trade organizations, and the US Department of Transportation (DOT)], hybrid train magazine articles, directories, technical handbooks, World Economic Outlook, trade websites, government organizations 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 three major regions, namely, Asia Oceania, Europe, North America. Approximately 30% and 70% 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 Size, and Share

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. This method was 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, 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 analyze the hybrid train market and forecast its size, in terms of volume (units), from 2017 to 2030
  • To provide detailed information regarding major factors influencing the growth of the hybrid train market (drivers, restraints, opportunities, and industry-specific challenges)
  • To segment the hybrid train market and forecast market size, by volume (units), based on propulsion (battery-operated, electro-diesel, CNG, LNG, hydrogen, and solar-powered)
  • To segment the hybrid train market and forecast market size, by volume (units), based on operating speed (below 100 km/h, 100-200 km/h, and above 200 km/h)
  • To segment the hybrid train market and forecast market size, by volume (units), based application (passenger and freight)
  • To segment the hybrid train market and forecast its size, by volume, based on region {Asia Oceania, Europe, Middle East & Africa, North America, and Rest of the world (RoW)}
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other activities carried out by key industry participants

Available Customizations

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

  • Hybrid Train Market, By Propulsion Type at country level (For countries covered in the report)
  • Hybrid Train Market, By application at country level (For countries covered in the report)

Company Information

  • Profiling of Additional Market Players (Up to 5)
COVID-19

Get in-depth analysis of the COVID-19 impact on the Hybrid Train Market

Benchmarking the rapid strategy shifts of the Top 100 companies in the Hybrid Train Market

Request For Special Pricing
Report Code
AT 7055
Published ON
Aug, 2020
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Hybrid Train Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
ADJACENT MARKETS
REQUEST BUNDLE REPORTS
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2020 MarketsandMarkets Research Private Ltd. All rights reserved
...

Digital Virtual Assistant - MarketsandMarkets

Home