A hybrid train is a locomotive, railcar or train that uses an onboard rechargeable energy storage system (RESS), placed between the power source (often a diesel engine prime mover) and the traction transmission system connected to the wheels. Since most diesel locomotives are diesel-electric, they have all the components of a series hybrid transmission except the storage battery, making this a relatively simple prospect.
This report contains market size and forecasts of Hybrid Train in global, including the following market information:
Global Hybrid Train Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Hybrid Train Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Hybrid Train companies in 2021 (%)
The global Hybrid Train market was valued at 47900 million in 2021 and is projected to reach US$ 75410 million by 2028, at a CAGR of 6.7% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electro Diesel Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Hybrid Train include CRRC, Bombardier, Alstom, Kawasaki Heavy Industries, Siemens, General Electric, Hyundai Rotem, Hitachi and Construcciones Y Auxiliar De Ferrocarriles (CAF), etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hybrid Train manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Hybrid Train Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Train Market Segment Percentages, by Type, 2021 (%)
Electro Diesel
CNG
Battery Operated
LNG
Others
Global Hybrid Train Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Train Market Segment Percentages, by Application, 2021 (%)
Freight Train
Passenger Train
Global Hybrid Train Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Hybrid Train Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Hybrid Train revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Hybrid Train revenues share in global market, 2021 (%)
Key companies Hybrid Train sales in global market, 2017-2022 (Estimated), (Units)
Key companies Hybrid Train sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
CRRC
Bombardier
Alstom
Kawasaki Heavy Industries
Siemens
General Electric
Hyundai Rotem
Hitachi
Construcciones Y Auxiliar De Ferrocarriles (CAF)
Ballard
Yongji Xinshisu Electric Equipment