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Global Locomotive Market Research Report 2025
Published Date: March 2025
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Report Code: QYRE-Auto-14F9214
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Global Locomotive Market Insights and Forecast to 2028
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Global Locomotive Market Research Report 2025

Code: QYRE-Auto-14F9214
Report
March 2025
Pages:103
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Locomotive Market Size

The global market for Locomotive was valued at US$ 14020 million in the year 2024 and is projected to reach a revised size of US$ 15750 million by 2031, growing at a CAGR of 1.7% during the forecast period.

Locomotive Market

Locomotive Market

A locomotive or engine is a rail transport vehicle that provides the motive power for a train.
Global key players of Locomotive include Transmashholding, CRRC, etc. Global top 3 companies hold a share about 60%. Europe is the largest market, with a share about 60%, followed by Asia Pacific and North America with the share about 30% and 10%. In terms of product, Electric Locomotive is the largest segment, with a share about 70%. And in terms of application, the largest application is Freight Transport, with a share about 90%.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Locomotive, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Locomotive.
The Locomotive market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Locomotive market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Locomotive manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of Locomotive Market Report

Report Metric Details
Report Name Locomotive Market
Accounted market size in year US$ 14020 million
Forecasted market size in 2031 US$ 15750 million
CAGR 1.7%
Base Year year
Forecasted years 2025 - 2031
by Type
by Application
Production by Region
  • North America
  • Europe
  • China
  • Japan
  • India
  • South Korea
Consumption by Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, Taiwan)
  • Southeast Asia (India)
  • Latin America (Mexico, Brazil)
By Company Transmashholding, CRRC, Alstom, Wabtec, Bombardier, CLW, BLW, Siemens, Hitachi, Progress Rail, Stadler Rail, Hyundai Rotem
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
  • Chapter 2: Detailed analysis of Locomotive manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 3: Production/output, value of Locomotive by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
  • Chapter 4: Consumption of Locomotive in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
  • Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
  • Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
  • Chapter 10: The main points and conclusions of the report.

FAQ for this report

How fast is Locomotive Market growing?

Ans: The Locomotive Market witnessing a CAGR of 1.7% during the forecast period 2025-2031.

What is the Locomotive Market size in 2031?

Ans: The Locomotive Market size in 2031 will be US$ 15750 million.

What is the market share of major companies in Locomotive Market?

Ans: Global top 3 companies hold a share about 60%.

What is the Locomotive Market share by region?

Ans: Europe is the largest market, with a share about 60%, followed by Asia Pacific and North America with the share about 30% and 10%.

What is the Locomotive Market share by type?

Ans: In terms of product, Electric Locomotive is the largest segment, with a share about 70%.

What is the Locomotive Market share by application?

Ans: And in terms of application, the largest application is Freight Transport, with a share about 90%.

Who are the main players in the Locomotive Market report?

Ans: The main players in the Locomotive Market are Transmashholding, CRRC, Alstom, Wabtec, Bombardier, CLW, BLW, Siemens, Hitachi, Progress Rail, Stadler Rail, Hyundai Rotem

What are the Application segmentation covered in the Locomotive Market report?

Ans: The Applications covered in the Locomotive Market report are Freight Transport, Passenger Transport

What are the Type segmentation covered in the Locomotive Market report?

Ans: The Types covered in the Locomotive Market report are Electric Locomotive, Diesel Locomotive

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1 Locomotive Market Overview
1.1 Product Definition
1.2 Locomotive by Type
1.2.1 Global Locomotive Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Electric Locomotive
1.2.3 Diesel Locomotive
1.3 Locomotive by Application
1.3.1 Global Locomotive Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Freight Transport
1.3.3 Passenger Transport
1.4 Global Market Growth Prospects
1.4.1 Global Locomotive Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Locomotive Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Locomotive Production Estimates and Forecasts (2020-2031)
1.4.4 Global Locomotive Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Locomotive Production Market Share by Manufacturers (2020-2025)
2.2 Global Locomotive Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Locomotive, Industry Ranking, 2023 VS 2024
2.4 Global Locomotive Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Locomotive Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Locomotive, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Locomotive, Product Offered and Application
2.8 Global Key Manufacturers of Locomotive, Date of Enter into This Industry
2.9 Locomotive Market Competitive Situation and Trends
2.9.1 Locomotive Market Concentration Rate
2.9.2 Global 5 and 10 Largest Locomotive Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Locomotive Production by Region
3.1 Global Locomotive Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Locomotive Production Value by Region (2020-2031)
3.2.1 Global Locomotive Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Locomotive by Region (2026-2031)
3.3 Global Locomotive Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Locomotive Production Volume by Region (2020-2031)
3.4.1 Global Locomotive Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Locomotive by Region (2026-2031)
3.5 Global Locomotive Market Price Analysis by Region (2020-2025)
3.6 Global Locomotive Production and Value, Year-over-Year Growth
3.6.1 North America Locomotive Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Locomotive Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Locomotive Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Locomotive Production Value Estimates and Forecasts (2020-2031)
3.6.5 India Locomotive Production Value Estimates and Forecasts (2020-2031)
3.6.6 South Korea Locomotive Production Value Estimates and Forecasts (2020-2031)
4 Locomotive Consumption by Region
4.1 Global Locomotive Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Locomotive Consumption by Region (2020-2031)
4.2.1 Global Locomotive Consumption by Region (2020-2025)
4.2.2 Global Locomotive Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Locomotive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Locomotive Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Locomotive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Locomotive Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Locomotive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Locomotive Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Locomotive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Locomotive Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Locomotive Production by Type (2020-2031)
5.1.1 Global Locomotive Production by Type (2020-2025)
5.1.2 Global Locomotive Production by Type (2026-2031)
5.1.3 Global Locomotive Production Market Share by Type (2020-2031)
5.2 Global Locomotive Production Value by Type (2020-2031)
5.2.1 Global Locomotive Production Value by Type (2020-2025)
5.2.2 Global Locomotive Production Value by Type (2026-2031)
5.2.3 Global Locomotive Production Value Market Share by Type (2020-2031)
5.3 Global Locomotive Price by Type (2020-2031)
6 Segment by Application
6.1 Global Locomotive Production by Application (2020-2031)
6.1.1 Global Locomotive Production by Application (2020-2025)
6.1.2 Global Locomotive Production by Application (2026-2031)
6.1.3 Global Locomotive Production Market Share by Application (2020-2031)
6.2 Global Locomotive Production Value by Application (2020-2031)
6.2.1 Global Locomotive Production Value by Application (2020-2025)
6.2.2 Global Locomotive Production Value by Application (2026-2031)
6.2.3 Global Locomotive Production Value Market Share by Application (2020-2031)
6.3 Global Locomotive Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Transmashholding
7.1.1 Transmashholding Locomotive Company Information
7.1.2 Transmashholding Locomotive Product Portfolio
7.1.3 Transmashholding Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Transmashholding Main Business and Markets Served
7.1.5 Transmashholding Recent Developments/Updates
7.2 CRRC
7.2.1 CRRC Locomotive Company Information
7.2.2 CRRC Locomotive Product Portfolio
7.2.3 CRRC Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.2.4 CRRC Main Business and Markets Served
7.2.5 CRRC Recent Developments/Updates
7.3 Alstom
7.3.1 Alstom Locomotive Company Information
7.3.2 Alstom Locomotive Product Portfolio
7.3.3 Alstom Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.3.4 Alstom Main Business and Markets Served
7.3.5 Alstom Recent Developments/Updates
7.4 Wabtec
7.4.1 Wabtec Locomotive Company Information
7.4.2 Wabtec Locomotive Product Portfolio
7.4.3 Wabtec Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Wabtec Main Business and Markets Served
7.4.5 Wabtec Recent Developments/Updates
7.5 Bombardier
7.5.1 Bombardier Locomotive Company Information
7.5.2 Bombardier Locomotive Product Portfolio
7.5.3 Bombardier Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Bombardier Main Business and Markets Served
7.5.5 Bombardier Recent Developments/Updates
7.6 CLW
7.6.1 CLW Locomotive Company Information
7.6.2 CLW Locomotive Product Portfolio
7.6.3 CLW Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.6.4 CLW Main Business and Markets Served
7.6.5 CLW Recent Developments/Updates
7.7 BLW
7.7.1 BLW Locomotive Company Information
7.7.2 BLW Locomotive Product Portfolio
7.7.3 BLW Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.7.4 BLW Main Business and Markets Served
7.7.5 BLW Recent Developments/Updates
7.8 Siemens
7.8.1 Siemens Locomotive Company Information
7.8.2 Siemens Locomotive Product Portfolio
7.8.3 Siemens Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Siemens Main Business and Markets Served
7.8.5 Siemens Recent Developments/Updates
7.9 Hitachi
7.9.1 Hitachi Locomotive Company Information
7.9.2 Hitachi Locomotive Product Portfolio
7.9.3 Hitachi Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Hitachi Main Business and Markets Served
7.9.5 Hitachi Recent Developments/Updates
7.10 Progress Rail
7.10.1 Progress Rail Locomotive Company Information
7.10.2 Progress Rail Locomotive Product Portfolio
7.10.3 Progress Rail Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Progress Rail Main Business and Markets Served
7.10.5 Progress Rail Recent Developments/Updates
7.11 Stadler Rail
7.11.1 Stadler Rail Locomotive Company Information
7.11.2 Stadler Rail Locomotive Product Portfolio
7.11.3 Stadler Rail Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.11.4 Stadler Rail Main Business and Markets Served
7.11.5 Stadler Rail Recent Developments/Updates
7.12 Hyundai Rotem
7.12.1 Hyundai Rotem Locomotive Company Information
7.12.2 Hyundai Rotem Locomotive Product Portfolio
7.12.3 Hyundai Rotem Locomotive Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Hyundai Rotem Main Business and Markets Served
7.12.5 Hyundai Rotem Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Locomotive Industry Chain Analysis
8.2 Locomotive Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Locomotive Production Mode & Process Analysis
8.4 Locomotive Sales and Marketing
8.4.1 Locomotive Sales Channels
8.4.2 Locomotive Distributors
8.5 Locomotive Customer Analysis
9 Locomotive Market Dynamics
9.1 Locomotive Industry Trends
9.2 Locomotive Market Drivers
9.3 Locomotive Market Challenges
9.4 Locomotive Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
 Table 1. Global Locomotive Market Value by Type, (US$ Million) & (2024 VS 2031)
 Table 2. Global Locomotive Market Value by Application, (US$ Million) & (2024 VS 2031)
 Table 3. Global Locomotive Production Capacity (Units) by Manufacturers in 2024
 Table 4. Global Locomotive Production by Manufacturers (2020-2025) & (Units)
 Table 5. Global Locomotive Production Market Share by Manufacturers (2020-2025)
 Table 6. Global Locomotive Production Value by Manufacturers (2020-2025) & (US$ Million)
 Table 7. Global Locomotive Production Value Share by Manufacturers (2020-2025)
 Table 8. Global Key Players of Locomotive, Industry Ranking, 2023 VS 2024
 Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Locomotive as of 2024)
 Table 10. Global Market Locomotive Average Price by Manufacturers (M US$/Unit) & (2020-2025)
 Table 11. Global Key Manufacturers of Locomotive, Manufacturing Base Distribution and Headquarters
 Table 12. Global Key Manufacturers of Locomotive, Product Offered and Application
 Table 13. Global Key Manufacturers of Locomotive, Date of Enter into This Industry
 Table 14. Global Locomotive Manufacturers Market Concentration Ratio (CR5 and HHI)
 Table 15. Mergers & Acquisitions, Expansion Plans
 Table 16. Global Locomotive Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Table 17. Global Locomotive Production Value (US$ Million) by Region (2020-2025)
 Table 18. Global Locomotive Production Value Market Share by Region (2020-2025)
 Table 19. Global Locomotive Production Value (US$ Million) Forecast by Region (2026-2031)
 Table 20. Global Locomotive Production Value Market Share Forecast by Region (2026-2031)
 Table 21. Global Locomotive Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)
 Table 22. Global Locomotive Production (Units) by Region (2020-2025)
 Table 23. Global Locomotive Production Market Share by Region (2020-2025)
 Table 24. Global Locomotive Production (Units) Forecast by Region (2026-2031)
 Table 25. Global Locomotive Production Market Share Forecast by Region (2026-2031)
 Table 26. Global Locomotive Market Average Price (M US$/Unit) by Region (2020-2025)
 Table 27. Global Locomotive Market Average Price (M US$/Unit) by Region (2026-2031)
 Table 28. Global Locomotive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)
 Table 29. Global Locomotive Consumption by Region (2020-2025) & (Units)
 Table 30. Global Locomotive Consumption Market Share by Region (2020-2025)
 Table 31. Global Locomotive Forecasted Consumption by Region (2026-2031) & (Units)
 Table 32. Global Locomotive Forecasted Consumption Market Share by Region (2026-2031)
 Table 33. North America Locomotive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
 Table 34. North America Locomotive Consumption by Country (2020-2025) & (Units)
 Table 35. North America Locomotive Consumption by Country (2026-2031) & (Units)
 Table 36. Europe Locomotive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
 Table 37. Europe Locomotive Consumption by Country (2020-2025) & (Units)
 Table 38. Europe Locomotive Consumption by Country (2026-2031) & (Units)
 Table 39. Asia Pacific Locomotive Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (Units)
 Table 40. Asia Pacific Locomotive Consumption by Region (2020-2025) & (Units)
 Table 41. Asia Pacific Locomotive Consumption by Region (2026-2031) & (Units)
 Table 42. Latin America, Middle East & Africa Locomotive Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (Units)
 Table 43. Latin America, Middle East & Africa Locomotive Consumption by Country (2020-2025) & (Units)
 Table 44. Latin America, Middle East & Africa Locomotive Consumption by Country (2026-2031) & (Units)
 Table 45. Global Locomotive Production (Units) by Type (2020-2025)
 Table 46. Global Locomotive Production (Units) by Type (2026-2031)
 Table 47. Global Locomotive Production Market Share by Type (2020-2025)
 Table 48. Global Locomotive Production Market Share by Type (2026-2031)
 Table 49. Global Locomotive Production Value (US$ Million) by Type (2020-2025)
 Table 50. Global Locomotive Production Value (US$ Million) by Type (2026-2031)
 Table 51. Global Locomotive Production Value Market Share by Type (2020-2025)
 Table 52. Global Locomotive Production Value Market Share by Type (2026-2031)
 Table 53. Global Locomotive Price (M US$/Unit) by Type (2020-2025)
 Table 54. Global Locomotive Price (M US$/Unit) by Type (2026-2031)
 Table 55. Global Locomotive Production (Units) by Application (2020-2025)
 Table 56. Global Locomotive Production (Units) by Application (2026-2031)
 Table 57. Global Locomotive Production Market Share by Application (2020-2025)
 Table 58. Global Locomotive Production Market Share by Application (2026-2031)
 Table 59. Global Locomotive Production Value (US$ Million) by Application (2020-2025)
 Table 60. Global Locomotive Production Value (US$ Million) by Application (2026-2031)
 Table 61. Global Locomotive Production Value Market Share by Application (2020-2025)
 Table 62. Global Locomotive Production Value Market Share by Application (2026-2031)
 Table 63. Global Locomotive Price (M US$/Unit) by Application (2020-2025)
 Table 64. Global Locomotive Price (M US$/Unit) by Application (2026-2031)
 Table 65. Transmashholding Locomotive Company Information
 Table 66. Transmashholding Locomotive Specification and Application
 Table 67. Transmashholding Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 68. Transmashholding Main Business and Markets Served
 Table 69. Transmashholding Recent Developments/Updates
 Table 70. CRRC Locomotive Company Information
 Table 71. CRRC Locomotive Specification and Application
 Table 72. CRRC Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 73. CRRC Main Business and Markets Served
 Table 74. CRRC Recent Developments/Updates
 Table 75. Alstom Locomotive Company Information
 Table 76. Alstom Locomotive Specification and Application
 Table 77. Alstom Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 78. Alstom Main Business and Markets Served
 Table 79. Alstom Recent Developments/Updates
 Table 80. Wabtec Locomotive Company Information
 Table 81. Wabtec Locomotive Specification and Application
 Table 82. Wabtec Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 83. Wabtec Main Business and Markets Served
 Table 84. Wabtec Recent Developments/Updates
 Table 85. Bombardier Locomotive Company Information
 Table 86. Bombardier Locomotive Specification and Application
 Table 87. Bombardier Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 88. Bombardier Main Business and Markets Served
 Table 89. Bombardier Recent Developments/Updates
 Table 90. CLW Locomotive Company Information
 Table 91. CLW Locomotive Specification and Application
 Table 92. CLW Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 93. CLW Main Business and Markets Served
 Table 94. CLW Recent Developments/Updates
 Table 95. BLW Locomotive Company Information
 Table 96. BLW Locomotive Specification and Application
 Table 97. BLW Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 98. BLW Main Business and Markets Served
 Table 99. BLW Recent Developments/Updates
 Table 100. Siemens Locomotive Company Information
 Table 101. Siemens Locomotive Specification and Application
 Table 102. Siemens Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 103. Siemens Main Business and Markets Served
 Table 104. Siemens Recent Developments/Updates
 Table 105. Hitachi Locomotive Company Information
 Table 106. Hitachi Locomotive Specification and Application
 Table 107. Hitachi Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 108. Hitachi Main Business and Markets Served
 Table 109. Hitachi Recent Developments/Updates
 Table 110. Progress Rail Locomotive Company Information
 Table 111. Progress Rail Locomotive Specification and Application
 Table 112. Progress Rail Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 113. Progress Rail Main Business and Markets Served
 Table 114. Progress Rail Recent Developments/Updates
 Table 115. Stadler Rail Locomotive Company Information
 Table 116. Stadler Rail Locomotive Specification and Application
 Table 117. Stadler Rail Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 118. Stadler Rail Main Business and Markets Served
 Table 119. Stadler Rail Recent Developments/Updates
 Table 120. Hyundai Rotem Locomotive Company Information
 Table 121. Hyundai Rotem Locomotive Specification and Application
 Table 122. Hyundai Rotem Locomotive Production (Units), Value (US$ Million), Price (M US$/Unit) and Gross Margin (2020-2025)
 Table 123. Hyundai Rotem Main Business and Markets Served
 Table 124. Hyundai Rotem Recent Developments/Updates
 Table 125. Key Raw Materials Lists
 Table 126. Raw Materials Key Suppliers Lists
 Table 127. Locomotive Distributors List
 Table 128. Locomotive Customers List
 Table 129. Locomotive Market Trends
 Table 130. Locomotive Market Drivers
 Table 131. Locomotive Market Challenges
 Table 132. Locomotive Market Restraints
 Table 133. Research Programs/Design for This Report
 Table 134. Key Data Information from Secondary Sources
 Table 135. Key Data Information from Primary Sources
 Table 136. Authors List of This Report


List of Figures
 Figure 1. Product Picture of Locomotive
 Figure 2. Global Locomotive Market Value by Type, (US$ Million) & (2020-2031)
 Figure 3. Global Locomotive Market Share by Type: 2024 VS 2031
 Figure 4. Electric Locomotive Product Picture
 Figure 5. Diesel Locomotive Product Picture
 Figure 6. Global Locomotive Market Value by Application, (US$ Million) & (2020-2031)
 Figure 7. Global Locomotive Market Share by Application: 2024 VS 2031
 Figure 8. Freight Transport
 Figure 9. Passenger Transport
 Figure 10. Global Locomotive Production Value (US$ Million), 2020 VS 2024 VS 2031
 Figure 11. Global Locomotive Production Value (US$ Million) & (2020-2031)
 Figure 12. Global Locomotive Production Capacity (Units) & (2020-2031)
 Figure 13. Global Locomotive Production (Units) & (2020-2031)
 Figure 14. Global Locomotive Average Price (M US$/Unit) & (2020-2031)
 Figure 15. Locomotive Report Years Considered
 Figure 16. Locomotive Production Share by Manufacturers in 2024
 Figure 17. Global Locomotive Production Value Share by Manufacturers (2024)
 Figure 18. Locomotive Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 19. The Global 5 and 10 Largest Players: Market Share by Locomotive Revenue in 2024
 Figure 20. Global Locomotive Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
 Figure 21. Global Locomotive Production Value Market Share by Region: 2020 VS 2024 VS 2031
 Figure 22. Global Locomotive Production Comparison by Region: 2020 VS 2024 VS 2031 (Units)
 Figure 23. Global Locomotive Production Market Share by Region: 2020 VS 2024 VS 2031
 Figure 24. North America Locomotive Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 25. Europe Locomotive Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 26. China Locomotive Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 27. Japan Locomotive Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 28. India Locomotive Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 29. South Korea Locomotive Production Value (US$ Million) Growth Rate (2020-2031)
 Figure 30. Global Locomotive Consumption by Region: 2020 VS 2024 VS 2031 (Units)
 Figure 31. Global Locomotive Consumption Market Share by Region: 2020 VS 2024 VS 2031
 Figure 32. North America Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 33. North America Locomotive Consumption Market Share by Country (2020-2031)
 Figure 34. U.S. Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 35. Canada Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 36. Europe Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 37. Europe Locomotive Consumption Market Share by Country (2020-2031)
 Figure 38. Germany Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 39. France Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 40. U.K. Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 41. Italy Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 42. Netherlands Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 43. Asia Pacific Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 44. Asia Pacific Locomotive Consumption Market Share by Region (2020-2031)
 Figure 45. China Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 46. Japan Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 47. South Korea Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 48. China Taiwan Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 49. Southeast Asia Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 50. India Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 51. Latin America, Middle East & Africa Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 52. Latin America, Middle East & Africa Locomotive Consumption Market Share by Country (2020-2031)
 Figure 53. Mexico Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 54. Brazil Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 55. Turkey Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 56. GCC Countries Locomotive Consumption and Growth Rate (2020-2031) & (Units)
 Figure 57. Global Production Market Share of Locomotive by Type (2020-2031)
 Figure 58. Global Production Value Market Share of Locomotive by Type (2020-2031)
 Figure 59. Global Locomotive Price (M US$/Unit) by Type (2020-2031)
 Figure 60. Global Production Market Share of Locomotive by Application (2020-2031)
 Figure 61. Global Production Value Market Share of Locomotive by Application (2020-2031)
 Figure 62. Global Locomotive Price (M US$/Unit) by Application (2020-2031)
 Figure 63. Locomotive Value Chain
 Figure 64. Channels of Distribution (Direct Vs Distribution)
 Figure 65. Bottom-up and Top-down Approaches for This Report
 Figure 66. Data Triangulation
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