Electric Locomotive Market Size, Share & Industry Analysis by Component (Rectifier, Alternator, Motor, and Others), By Technology (IGBT Module, GTO Module, and SiC Module), By End User (Passenger and Freight), and Regional Forecast, 2026-2034

Last Updated: January 26, 2026 | Format: PDF | Report ID: FBI114087

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Table of Content

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions and Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
4. Market Trends
Key Insights
1. Key Industry Developments - Key Contracts & Agreements, Mergers, Acquisitions, and Partnerships
2. Latest Technological Advancements
3. Porters Five Forces Analysis
4. Supply Chain Analysis
Global Electric Locomotive Market Analysis, Insights and Forecast, 2021-2034
1. Key Findings / Definition
2. Market Analysis, Insights and Forecast - By Component
  1. Rectifier
  2. Alternator
  3. Motor
  4. Others
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT Modole
  2. GTO Modole
  3. SiC Modole
4. Market Analysis, Insights and Forecast - By End User
  1. Passenger
  2. Freight
5. Market Analysis, Insights and Forecast - By Region
Competitive Analysis
1. Global Market Rank Analysis (2025)
2. Competitive Dashboard
Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability)
1. Progress Rail (U.S.)
2. General Electric Company (U.S.)
3. Anglo Belgian Corporation NV (Belgium)
4. Toshiba Corporation (Japan)
5. CRRC Corporation Limited (China)
6. Alstom SA (France)
7. Siemens AG (Germany)
8. Kawasaki Heavy Industries, Ltd. (Japan)
9. Kolomensky Zavod (Russia)
10. Bharat Heavy Electricals Limited (BHEL) (India)
11. Chittaranjan Locomotive Works (India)
12. CAF, Construcciones y Auxiliar de Ferrocarriles, S.A. (Spain)
13. Hyundai Rotem Company (South Korea)
14. Stadler, Inc. (Switzerland)
15. Hitachi Rail Limited (U.K.)
16. Wabtec Corporation (U.S.)

Introduction
1. Research Scope
2. Market Segmentation
3. Research Methodology
4. Definitions and Assumptions
Executive Summary
Market Dynamics
1. Market Drivers
2. Market Restraints
3. Market Opportunities
4. Market Trends
Key Insights
1. Key Industry Developments - Key Contracts & Agreements, Mergers, Acquisitions, and Partnerships
2. Latest Technological Advancements
3. Porters Five Forces Analysis
4. Supply Chain Analysis
Global Electric Locomotive Market Analysis, Insights and Forecast, 2021-2034
1. Key Findings / Definition
2. Market Analysis, Insights and Forecast - By Component
  1. Rectifier
  2. Alternator
  3. Motor
  4. Others
3. Market Analysis, Insights and Forecast - By Technology
  1. IGBT Modole
  2. GTO Modole
  3. SiC Modole
4. Market Analysis, Insights and Forecast - By End User
  1. Passenger
  2. Freight
5. Market Analysis, Insights and Forecast - By Region
Competitive Analysis
1. Global Market Rank Analysis (2025)
2. Competitive Dashboard
Company Profiles (Overview, Products & Services, SWOT Analysis, Recent Developments, Strategies, Financials (Based on Availability)
1. Progress Rail (U.S.)
2. General Electric Company (U.S.)
3. Anglo Belgian Corporation NV (Belgium)
4. Toshiba Corporation (Japan)
5. CRRC Corporation Limited (China)
6. Alstom SA (France)
7. Siemens AG (Germany)
8. Kawasaki Heavy Industries, Ltd. (Japan)
9. Kolomensky Zavod (Russia)
10. Bharat Heavy Electricals Limited (BHEL) (India)
11. Chittaranjan Locomotive Works (India)
12. CAF, Construcciones y Auxiliar de Ferrocarriles, S.A. (Spain)
13. Hyundai Rotem Company (South Korea)
14. Stadler, Inc. (Switzerland)
15. Hitachi Rail Limited (U.K.)
16. Wabtec Corporation (U.S.)

Read Less

List of Figures

Figure 1: Global Electric Locomotive Market Revenue Breakdown (USD Million, %) By Region, 2025 & 2034

Figure 2: Global Electric Locomotive Market (%) Breakdown By Component, 2022 & 2030

Figure 3: Global Electric Locomotive Market (USD Million) Breakdown By Rectifier, 2021-2034

Figure 4: Global Electric Locomotive Market (USD Million) Breakdown By Alternator, 2021-2034

Figure 5: Global Electric Locomotive Market (USD Million) Breakdown By Motor, 2021-2034

Figure 6: Global Electric Locomotive Market (USD Million) Breakdown By Others, 2021-2034

Figure 7: Global Electric Locomotive Market (%) Breakdown By Technology, 2022 & 2030

Figure 8: Global Electric Locomotive Market (USD Million) Breakdown By IGBT Module, 2021-2034

Figure 9: Global Electric Locomotive Market (USD Million) Breakdown By GTO Module, 2021-2034

Figure 10: Global Electric Locomotive Market (USD Million) Breakdown By SiC Module, 2021-2034

Figure 11: Global Electric Locomotive Market (%) Breakdown By End User, 2022 & 2030

Figure 12: Global Electric Locomotive Market (USD Million) Breakdown By Passenger, 2021-2034

Figure 13: Global Electric Locomotive Market (USD Million) Breakdown By Freight, 2021-2034

Figure 14: Global Electric Locomotive Market Share (%) By Region, 2025 & 2034

Figure 15: Global Electric Locomotive Market Rank Analysis, By Key Players, 2025

List of Tables

Table 1: Global Electric Locomotive Market, (USD Million) Forecast, By Component, 2021-2034

Table 2: Global Electric Locomotive Market, (USD Million) Forecast, By Technology, 2021-2034

Table 3: Global Electric Locomotive Market, (USD Million) Forecast, By End User, 2021-2034

Table 4: Global Electric Locomotive Market (USD Million) Forecast, By Region, 2021-2034

STUDY PERIOD: 2021-2034
BASE YEAR: 2025
HISTORICAL DATA: 2021-2024
NO OF PAGES: 100

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