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Electric Locomotives Global Market Report 2025
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Published : December 2025

Pages : 175

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00 $3367.00

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Electric Locomotives Market Report 2026

Global Outlook – By Energy Transfer (Overhead Lines, Third Rail, On-Board Energy Storage), By Technology (IGBT Module, GTO Thyristor, SiC Module), By Traction Units (AC Traction Units, DC Traction Units, Multi System Units), By Application (Passenger Transport, Freight Transport) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Electric Locomotives Market Overview

• Electric Locomotives market size has reached to $2.39 billion in 2025

• Expected to grow to $3.44 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%

• Growth Driver: Rising Demand For Railway Passenger Transport Fuels Growth In Electric Locomotives Market

• Market Trend: High-Power Locomotive Advancements Driving Next-Generation Rail Freight Efficiency

• Western Europe was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Electric Locomotives Market?

An electric locomotive is a railway engine powered by electric motors instead of traditional diesel or steam engines. It receives electricity through overhead wires or electrified tracks, allowing for efficient and high-speed operation. Known for their quick acceleration and reduced emissions, electric locomotives are commonly used in urban transit, regional rail services, and high-speed trains, making them a key component of modern rail transportation.

The main types of energy transfer in electric locomotives are overhead lines, third rail, and onboard energy storage. Overhead lines are a wire or cable suspended between poles that is used to distribute power or signals. The technologies involved are technology, IGBT module, GTO thyristor, and sic module. The traction units involved are ac traction units, DC traction units, and multi-system units. The application involved passenger transport and freight transport.

Electric Locomotives Market Global Report market report bar graph

What Is The Electric Locomotives Market Size and Share 2026?

The electric locomotives market size has grown strongly in recent years. It will grow from $2.39 billion in 2025 to $2.58 billion in 2026 at a compound annual growth rate (CAGR) of 8.2%. The growth in the historic period can be attributed to government rail electrification initiatives, urban transit expansion, diesel-to-electric transition, growth in passenger rail demand, railway infrastructure investments.

What Is The Electric Locomotives Market Growth Forecast?

The electric locomotives market size is expected to see strong growth in the next few years. It will grow to $3.44 billion in 2030 at a compound annual growth rate (CAGR) of 7.4%. The growth in the forecast period can be attributed to decarbonization targets, high-speed rail corridor development, adoption of SiC power modules, smart rail systems integration, freight rail electrification. Major trends in the forecast period include expansion of railway electrification projects, adoption of high-speed electric trains, integration of advanced power electronics, demand for energy-efficient rail transport, growth of multi-system locomotives.

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Global Electric Locomotives Market Segmentation

1) By Energy Transfer: Overhead Lines, Third Rail, On-Board Energy Storage

2) By Technology: IGBT Module, GTO Thyristor, SiC Module

3) By Traction Units: AC Traction Units, DC Traction Units, Multi System Units

4) By Application: Passenger Transport, Freight Transport

Subsegments:

1) By Overhead Lines: Catenary System Locomotives, Pantograph-Equipped Electric Locomotives

2) By Third Rail: Electric Locomotives Using Third Rail Systems, Dual-Power Locomotives

3) By On-Board Energy Storage: Battery Electric Locomotives, Hybrid Locomotives with On-Board Energy Storage Systems

What Is The Driver Of The Electric Locomotives Market?

The increased demand for railway passenger transport is expected to propel the growth of electric locomotives market. Railway passenger transport involves conveying individuals via trains along a railway track. Passenger railways are a mode of transportation that moves people along a railroad route. For instance, in June 2024, according to the Office of Rail and Road, a UK-based government department, during the latest year, from April 1, 2023, to March 31, 2024, rail passengers in Great Britain made a total of 1,610 million journeys (1.61 billion). This marks a 16% increase compared to the previous year's total of 1,380 million journeys (1.38 billion) from April 1, 2022, to March 31, 2023. In the most recent quarter, from January 1 to March 31, 2024, there were 405 million journeys, representing a 13% rise from the 359 million journeys recorded in the same quarter of the previous year. Therefore, the increased demand for railway passenger transport will be propelling the growth of electric locomotives industry going forward.

Key Players In The Global Electric Locomotives Market

Major companies operating in the electric locomotives market report include CRRC Corporation Limited, Hitachi Ltd, Kawasaki Heavy Industries, Siemens AG, Stadler Rail AG, Wabtec Corporation, Bharat Heavy Electricals Limited, Toshiba Corporation, Alstom S. A, Hyundai Rotem, Banaras Locomotive Works, China Railway Corp, CZ LOKO, ZOS Vrutky a.s, ZEPHIR, Schalke Locomotives GmbH, Vossloh Locomotives GmbH, SOFTRONIC Ltd, PESA Bydgoszcz SA, Faur SA, Newag SA, Bombardier Inc, General Electric Company, Transmash holding AG

Global Electric Locomotives Market Trends and Insights

Major companies operating in the electric locomotives market are focusing on scaling up mass production of high-power electric locomotives, such as double-section 12,000 HP freight locomotives, to gain a competitive advantage. For instance, in March 2025, Alstom S.A., a France-based rail transport company, delivered the 500th electric locomotive a 12,000 HP double-section Prima T8 WAG 12B to Indian Railways from its Madhepura manufacturing site under a €3.5 billion contract, enabling hauling of ~6,000-tonne rakes at up to 120 km/h with IGBT-based propulsion and regenerative braking. This trend supports broader rail-freight electrification and enhances freight capacity while reducing energy consumption and maintenance costs, though it demands substantial investments in infrastructure and supply-chain localization.

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What Are Latest Mergers And Acquisitions In The Electric Locomotives Market?

In September 2023, Beacon Rail Metro Finance B.V., a Netherlands-based rolling stock leasing company, acquired Mitsui Rail Capital Europe B.V. for an undisclosed amount. As a result of the acquisition, Beacon is continuing its expansion in the European rail market, aiming to improve its fleet and service offerings. Mitsui expects to record a profit from this transaction, which will have a significant positive impact on its financial outlook for the fiscal year ending in March 2024. Mitsui Rail Capital Europe B.V. is a Netherlands-based locomotive leasing company.

Regional Outlook

Western Europe was the largest region in the electric locomotives market in 2025. Asia-Pacific was the second largest region in the global electric locomotives market share. The regions covered in this market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Electric Locomotives Market?

The electric locomotives market consists of sales of direct current (DC) and alternating current (AC) locomotives. Values in this market are factory gate values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Electric Locomotives Industry?

The electric locomotives market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the electric locomotives industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Abhilash Pyata

Electric Locomotives Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2026 $2.58 billion
Revenue Forecast In 2035 $3.44 billion
Growth Rate CAGR of 8.2% from 2026 to 2035
Base Year For Estimation 2020-2025
Actual Estimates/Historical Data 2026 - 2030 - 2035
Forecast Period Revenue in USD Billion and CAGR from 2026 to 2035
Market Representation Energy Transfer, Technology, Traction Units, Application
Segments Covered Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Regional Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Country Scope CRRC Corporation Limited, Hitachi Ltd, Kawasaki Heavy Industries, Siemens AG, Stadler Rail AG, Wabtec Corporation, Bharat Heavy Electricals Limited, Toshiba Corporation, Alstom S. A, Hyundai Rotem, Banaras Locomotive Works, China Railway Corp, CZ LOKO, ZOS Vrutky a.s, ZEPHIR, Schalke Locomotives GmbH, Vossloh Locomotives GmbH, SOFTRONIC Ltd, PESA Bydgoszcz SA, Faur SA, Newag SA, Bombardier Inc, General Electric Company, Transmash holding AG
Key Companies Profiled Request for Sample
Customization ScopeExplore Purchase Options
Pricing And Purchase Options

Table Of Contents

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Electric Locomotives Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Electric Locomotives Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Electric Locomotives Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Electric Locomotives Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Electric Mobility And Transportation Electrification

4.1.2 Sustainability, Climate Tech And Circular Economy

4.1.3 Autonomous Systems, Robotics And Smart Mobility

4.1.4 Industry 4.0 And Intelligent Manufacturing

4.1.5 Digitalization, Cloud, Big Data And Cybersecurity

4.2. Major Trends

4.2.1 Expansion Of Railway Electrification Projects

4.2.2 Adoption Of High-Speed Electric Trains

4.2.3 Integration Of Advanced Power Electronics

4.2.4 Demand For Energy-Efficient Rail Transport

4.2.5 Growth Of Multi-System Locomotives

5. Electric Locomotives Market Analysis Of End Use Industries

5.1 Railway Operators

5.2 Urban Transit Authorities

5.3 Freight Rail Companies

5.4 High-Speed Rail Operators

5.5 Government Transport Agencies

6. Electric Locomotives Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Electric Locomotives Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Electric Locomotives PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Electric Locomotives Market Size, Comparisons And Growth Rate Analysis

7.3. Global Electric Locomotives Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Electric Locomotives Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Electric Locomotives Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Electric Locomotives Market Segmentation

9.1. Global Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Overhead Lines, Third Rail, On-Board Energy Storage

9.2. Global Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

IGBT Module, GTO Thyristor, SiC Module

9.3. Global Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

AC Traction Units, DC Traction Units, Multi System Units

9.4. Global Electric Locomotives Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Passenger Transport, Freight Transport

9.5. Global Electric Locomotives Market, Sub-Segmentation Of Overhead Lines, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Catenary System Locomotives, Pantograph-Equipped Electric Locomotives

9.6. Global Electric Locomotives Market, Sub-Segmentation Of Third Rail, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Electric Locomotives Using Third Rail Systems, Dual-Power Locomotives

9.7. Global Electric Locomotives Market, Sub-Segmentation Of On-Board Energy Storage, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Battery Electric Locomotives, Hybrid Locomotives with On-Board Energy Storage Systems

10. Electric Locomotives Market Regional And Country Analysis

10.1. Global Electric Locomotives Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Electric Locomotives Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Electric Locomotives Market

11.1. Asia-Pacific Electric Locomotives Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Electric Locomotives Market

12.1. China Electric Locomotives Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Electric Locomotives Market

13.1. India Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Electric Locomotives Market

14.1. Japan Electric Locomotives Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

14.2. Japan Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Electric Locomotives Market

15.1. Australia Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Electric Locomotives Market

16.1. Indonesia Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Electric Locomotives Market

17.1. South Korea Electric Locomotives Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

17.2. South Korea Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Electric Locomotives Market

18.1. Taiwan Electric Locomotives Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

18.2. Taiwan Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Electric Locomotives Market

19.1. South East Asia Electric Locomotives Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

19.2. South East Asia Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Electric Locomotives Market

20.1. Western Europe Electric Locomotives Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

20.2. Western Europe Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Electric Locomotives Market

21.1. UK Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Electric Locomotives Market

22.1. Germany Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Electric Locomotives Market

23.1. France Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Electric Locomotives Market

24.1. Italy Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Electric Locomotives Market

25.1. Spain Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Electric Locomotives Market

26.1. Eastern Europe Electric Locomotives Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

26.2. Eastern Europe Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Electric Locomotives Market

27.1. Russia Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Electric Locomotives Market

28.1. North America Electric Locomotives Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

28.2. North America Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Electric Locomotives Market

29.1. USA Electric Locomotives Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

29.2. USA Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Electric Locomotives Market

30.1. Canada Electric Locomotives Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

30.2. Canada Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Electric Locomotives Market

31.1. South America Electric Locomotives Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

31.2. South America Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Electric Locomotives Market

32.1. Brazil Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Electric Locomotives Market

33.1. Middle East Electric Locomotives Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

33.2. Middle East Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Electric Locomotives Market

34.1. Africa Electric Locomotives Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

34.2. Africa Electric Locomotives Market, Segmentation By Energy Transfer, Segmentation By Technology, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Electric Locomotives Market Regulatory and Investment Landscape

36. Electric Locomotives Market Competitive Landscape And Company Profiles

36.1. Electric Locomotives Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Electric Locomotives Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Electric Locomotives Market Company Profiles

36.3.1. CRRC Corporation Limited Overview, Products and Services, Strategy and Financial Analysis

36.3.2. Hitachi Ltd Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Kawasaki Heavy Industries Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Stadler Rail AG Overview, Products and Services, Strategy and Financial Analysis

37. Electric Locomotives Market Other Major And Innovative Companies

Wabtec Corporation, Bharat Heavy Electricals Limited, Toshiba Corporation, Alstom S. A, Hyundai Rotem, Banaras Locomotive Works, China Railway Corp, CZ LOKO, ZOS Vrutky a.s, ZEPHIR, Schalke Locomotives GmbH, Vossloh Locomotives GmbH, SOFTRONIC Ltd, PESA Bydgoszcz SA, Faur SA

38. Global Electric Locomotives Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Electric Locomotives Market

40. Electric Locomotives Market High Potential Countries, Segments and Strategies

40.1 Electric Locomotives Market In 2030 - Countries Offering Most New Opportunities

40.2 Electric Locomotives Market In 2030 - Segments Offering Most New Opportunities

40.3 Electric Locomotives Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Electric Locomotives Market, Overview Of Key Products - Product Examples
  • Table 2: Global Electric Locomotives Market Attractiveness, Factor-Wise Evaluation
  • Table 3: Global Electric Locomotives Market, Supply Chain Analysis
  • Table 4: Global Electric Locomotives Market, Major Raw Material Providers
  • Table 5: Global Electric Locomotives Market, Major Resource Providers
  • Table 6: Global Electric Locomotives Market, Major Manufacturers (Suppliers)
  • Table 7: Global Electric Locomotives Market, Major Distributors And Channel Partners
  • Table 8: Global Electric Locomotives Market, Key Technologies & Future Trends
  • Table 9: Global Electric Locomotives Market, Major Trends
  • Table 10: Global Electric Locomotives Market, Major End Users
  • Table 11: Global Electric Locomotives Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Table 12: Global Electric Locomotives Historic Market Growth, 2020-2025, $ Billion
  • Table 13: Global Electric Locomotives Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Table 14: Global Electric Locomotives Market - TAM, US$ Billion, 2025
  • Table 15: Global Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 16: Global Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 17: Global Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 18: Global Electric Locomotives Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 19: Global Electric Locomotives Market, Sub-Segmentation Of Overhead Lines, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 20: Global Electric Locomotives Market, Sub-Segmentation Of Third Rail, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 21: Global Electric Locomotives Market, Sub-Segmentation Of On-Board Energy Storage, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 22: Global Electric Locomotives Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 23: Global Electric Locomotives Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 24: Asia-Pacific, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 25: Asia-Pacific, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 26: Asia-Pacific, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 27: China, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 28: China, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 29: China, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 30: India, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 31: India, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 32: India, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 33: Japan, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 34: Japan, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 35: Japan, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 36: Australia, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 37: Australia, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 38: Australia, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 39: Indonesia, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 40: Indonesia, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 41: Indonesia, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 42: South Korea, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 43: South Korea, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 44: South Korea, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 45: Taiwan, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 46: Taiwan, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 47: Taiwan, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 48: South East Asia, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 49: South East Asia, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 50: South East Asia, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 51: Western Europe, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 52: Western Europe, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 53: Western Europe, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 54: UK, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 55: UK, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 56: UK, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 57: Germany, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 58: Germany, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 59: Germany, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 60: France, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 61: France, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 62: France, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 63: Italy, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 64: Italy, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 65: Italy, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 66: Spain, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 67: Spain, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 68: Spain, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 69: Eastern Europe, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 70: Eastern Europe, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 71: Eastern Europe, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 72: Russia, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 73: Russia, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 74: Russia, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 75: North America, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 76: North America, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 77: North America, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 78: USA, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 79: USA, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 80: USA, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 81: Canada, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 82: Canada, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 83: Canada, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 84: South America, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 85: South America, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 86: South America, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 87: Brazil, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 88: Brazil, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 89: Brazil, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 90: Middle East, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 91: Middle East, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 92: Middle East, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 93: Africa, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 94: Africa, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 95: Africa, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Table 96: Global Electric Locomotives Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Table 97: Global Electric Locomotives Market - Company Scoring Matrix
  • Table 98: CRRC Corporation Limited Financial Performance
  • Table 99: Hitachi Ltd Financial Performance
  • Table 100: Kawasaki Heavy Industries Financial Performance
  • Table 101: Siemens AG Financial Performance
  • Table 102: Stadler Rail AG Financial Performance
  • Table 103: Global Electric Locomotives Market, Competitive Benchmarking (In USD Billions)
  • Table 104: Global Electric Locomotives Market, Competitive Dashboard
  • Table 105: Global Electric Locomotives Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Table 106: Global, Electric Locomotives Market Size Gain ($ Billion), Segmentation By Energy Transfer, 2025 – 2030
  • Table 107: Global, Electric Locomotives Market Size Gain ($ Billion), Segmentation By Technology, 2025 – 2030
  • Table 108: Global, Electric Locomotives Market Size Gain ($ Billion), Segmentation By Traction Units, 2025 – 2030

List Of Figures

    Figure 1: Global Electric Locomotives Market, Overview Of Key Products - Product Examples
  • Figure 2: Global Electric Locomotives Market Attractiveness, Factor-Wise Evaluation
  • Figure 3: Global Electric Locomotives Market, Supply Chain Analysis
  • Figure 4: Global Electric Locomotives Market, Major Raw Material Providers
  • Figure 5: Global Electric Locomotives Market, Major Resource Providers
  • Figure 6: Global Electric Locomotives Market, Major Manufacturers (Suppliers)
  • Figure 7: Global Electric Locomotives Market, Major Distributors And Channel Partners
  • Figure 8: Global Electric Locomotives Market, Key Technologies & Future Trends
  • Figure 9: Global Electric Locomotives Market, Major Trends
  • Figure 10: Global Electric Locomotives Market, Major End Users
  • Figure 11: Global Electric Locomotives Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis
  • Figure 12: Global Electric Locomotives Historic Market Growth, 2020-2025, $ Billion
  • Figure 13: Global Electric Locomotives Forecast Market Growth, 2025-2030F, 2035F, $ Billion
  • Figure 14: Global Electric Locomotives Market - TAM, US$ Billion, 2025
  • Figure 15: Global Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 16: Global Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 17: Global Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 18: Global Electric Locomotives Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 19: Global Electric Locomotives Market, Sub-Segmentation Of Overhead Lines, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 20: Global Electric Locomotives Market, Sub-Segmentation Of Third Rail, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 21: Global Electric Locomotives Market, Sub-Segmentation Of On-Board Energy Storage, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 22: Global Electric Locomotives Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 23: Global Electric Locomotives Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 24: Asia-Pacific, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 25: Asia-Pacific, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 26: Asia-Pacific, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 27: China, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 28: China, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 29: China, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 30: India, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 31: India, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 32: India, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 33: Japan, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 34: Japan, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 35: Japan, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 36: Australia, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 37: Australia, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 38: Australia, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 39: Indonesia, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 40: Indonesia, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 41: Indonesia, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 42: South Korea, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 43: South Korea, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 44: South Korea, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 45: Taiwan, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 46: Taiwan, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 47: Taiwan, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 48: South East Asia, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 49: South East Asia, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 50: South East Asia, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 51: Western Europe, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 52: Western Europe, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 53: Western Europe, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 54: UK, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 55: UK, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 56: UK, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 57: Germany, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 58: Germany, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 59: Germany, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 60: France, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 61: France, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 62: France, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 63: Italy, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 64: Italy, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 65: Italy, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 66: Spain, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 67: Spain, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 68: Spain, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 69: Eastern Europe, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 70: Eastern Europe, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 71: Eastern Europe, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 72: Russia, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 73: Russia, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 74: Russia, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 75: North America, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 76: North America, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 77: North America, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 78: USA, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 79: USA, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 80: USA, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 81: Canada, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 82: Canada, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 83: Canada, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 84: South America, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 85: South America, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 86: South America, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 87: Brazil, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 88: Brazil, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 89: Brazil, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 90: Middle East, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 91: Middle East, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 92: Middle East, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 93: Africa, Electric Locomotives Market, Segmentation By Energy Transfer, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 94: Africa, Electric Locomotives Market, Segmentation By Technology, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 95: Africa, Electric Locomotives Market, Segmentation By Traction Units, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
  • Figure 96: Global Electric Locomotives Key Competitor Estimated Market Shares, 2024, Percentage (%)
  • Figure 97: Global Electric Locomotives Market - Company Scoring Matrix
  • Figure 98: CRRC Corporation Limited Financial Performance
  • Figure 99: Hitachi Ltd Financial Performance
  • Figure 100: Kawasaki Heavy Industries Financial Performance
  • Figure 101: Siemens AG Financial Performance
  • Figure 102: Stadler Rail AG Financial Performance
  • Figure 103: Global Electric Locomotives Market, Competitive Benchmarking (In USD Billions)
  • Figure 104: Global Electric Locomotives Market, Competitive Dashboard
  • Figure 105: Global Electric Locomotives Market Size Gain ($ Billion), 2025 – 2030 By Country
  • Figure 106: Global, Electric Locomotives Market Size Gain ($ Billion), Segmentation By Energy Transfer, 2025 – 2030
  • Figure 107: Global, Electric Locomotives Market Size Gain ($ Billion), Segmentation By Technology, 2025 – 2030
  • Figure 108: Global, Electric Locomotives Market Size Gain ($ Billion), Segmentation By Traction Units, 2025 – 2030

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Electric Locomotives Market Report 2026 - Global Outlook – By Energy Transfer (Overhead Lines, Third Rail, On-Board Energy Storage), By Technology (IGBT Module, GTO Thyristor, SiC Module), By Traction Units (AC Traction ...

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Frequently Asked Questions

The Electric Locomotives market was valued at $2.39 billion in 2025, increased to $2.39 billion in 2026, and is projected to reach $3.44 billion by 2030. request a sample here

The expected CAGR for the Electric Locomotives market during the forecast period 2025–2030 is 7.42%. request a sample here

Major growth driver of the market includes: Rising Demand For Railway Passenger Transport Fuels Growth In Electric Locomotives Market in the Electric Locomotives market. For further insights on this market, request a sample here

The electric locomotives market covered in this report is segmented –
1) By Energy Transfer: Overhead Lines, Third Rail, On-Board Energy Storage
2) By Technology: IGBT Module, GTO Thyristor, SiC Module
3) By Traction Units: AC Traction Units, DC Traction Units, Multi System Units
4) By Application: Passenger Transport, Freight Transport Subsegments:
1) By Overhead Lines: Catenary System Locomotives, Pantograph-Equipped Electric Locomotives
2) By Third Rail: Electric Locomotives Using Third Rail Systems, Dual-Power Locomotives
3) By On-Board Energy Storage: Battery Electric Locomotives, Hybrid Locomotives with On-Board Energy Storage Systems request a sample here

Major trend in this market includes: High-Power Locomotive Advancements Driving Next-Generation Rail Freight Efficiency For further insights on this market, request a sample here.

Major companies operating in the Electric Locomotives market are Major companies operating in the electric locomotives market report include CRRC Corporation Limited, Hitachi Ltd, Kawasaki Heavy Industries, Siemens AG, Stadler Rail AG, Wabtec Corporation, Bharat Heavy Electricals Limited, Toshiba Corporation, Alstom S. A, Hyundai Rotem, Banaras Locomotive Works, China Railway Corp, CZ LOKO, ZOS Vrutky a.s, ZEPHIR, Schalke Locomotives GmbH, Vossloh Locomotives GmbH, SOFTRONIC Ltd, PESA Bydgoszcz SA, Faur SA, Newag SA, Bombardier Inc, General Electric Company, Transmash holding AG request a sample here.

Western Europe was the largest region in the electric locomotives market in 2025. Asia-Pacific was the second largest region in the global electric locomotives market share. The regions covered in the electric locomotives market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. request a sample here.

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