Locomotive Market Size, Share & Industry Analysis, By Propulsion Type (Combustion (Diesel and Hydrogen) and Electric), By End User (Passenger and Freight), By Technology (IGBT Module, GTO Module, and SiC Module), By Component (Rectifier, Alternator, Motor, and Others), and Regional Forecast, 2025-2032

Last Updated: November 17, 2025 | Format: PDF | Report ID: FBI103285

We will customize the report to meet your research goals, helping you gain a competitive edge, and make informed decisions.

Schedule a 30 minutes session to understand our consulting capabilities – SCHEDULE NOW

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 – Mergers, Acquisitions and Partnerships
2. Technological developments
3. PEST Analysis
4. Regulatory Analysis
5. Contract Analysis
6. Impact of COVID-19 on the Market
Global Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Key Findings / Definitions
2. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
3. Market Analysis, Insights, and Forecast – By Component
  1. Rectifier
  2. Alternator
  3. Motor
  4. Others
4. Market Analysis, Insights, and Forecast – By Technology
  1. IGBT Module
  2. GTO Module
  3. SiC Module
5. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
6. Market Analysis, Insights, and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of World
North America Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
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 Module
  2. GTO Module
  3. SiC Module
4. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
5. Market Analysis, Insights, and Forecast – By Country
  1. U.S.
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  2. Canada
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  3. Mexico
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
Europe Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
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 Module
  2. GTO Module
  3. SiC Module
4. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
5. Market Analysis, Insights, and Forecast – By Country
  1. Germany
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  2. France
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  3. U.K.
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  4. Rest of Europe
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
Asia Pacific Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
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 Module
  2. GTO Module
  3. SiC Module
4. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
5. Market Analysis, Insights, and Forecast – By Country
  1. China
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  2. Japan
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  3. India
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  4. South Korea
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  5. Rest of APAC
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
Rest of World Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
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 Module
  2. GTO Module
  3. SiC Module
4. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
Competitive Analysis
1. Key Industry Developments
2. Global Market Rank Analysis (2024)
3. Competition Dashboard
4. Comparative Analysis – Major Players
5. Company Profiles
  1. Progress Rail
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  2. General Electric Company
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  3. Anglo Belgian Corporation nv
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  4. TOSHIBA CORPORATION
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  5. Cummins Inc
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  6. CRRC Corporation Limited (CRRC)
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  7. San-Engineering
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  8. Alstom SA
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  9. Siemens Mobility
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  10. Kawasaki Heavy Industries, Ltd.
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  11. Kolomensky Zavod
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  12. Bharat Heavy Electricals Limited (BHEL)
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  13. Chittaranjan Locomotive Works
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  14. CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  15. HYUNDAI MOTOR GROUP
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  16. Stadler, Inc.
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  17. Hitachi Rail Limited
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  18. Republic Locomotive
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  19. Wabtec Corporation
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  20. Medha
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)

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 – Mergers, Acquisitions and Partnerships
2. Technological developments
3. PEST Analysis
4. Regulatory Analysis
5. Contract Analysis
6. Impact of COVID-19 on the Market
Global Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Key Findings / Definitions
2. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
3. Market Analysis, Insights, and Forecast – By Component
  1. Rectifier
  2. Alternator
  3. Motor
  4. Others
4. Market Analysis, Insights, and Forecast – By Technology
  1. IGBT Module
  2. GTO Module
  3. SiC Module
5. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
6. Market Analysis, Insights, and Forecast – By Region
  1. North America
  2. Europe
  3. Asia Pacific
  4. Rest of World
North America Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
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 Module
  2. GTO Module
  3. SiC Module
4. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
5. Market Analysis, Insights, and Forecast – By Country
  1. U.S.
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  2. Canada
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  3. Mexico
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
Europe Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
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 Module
  2. GTO Module
  3. SiC Module
4. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
5. Market Analysis, Insights, and Forecast – By Country
  1. Germany
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  2. France
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  3. U.K.
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  4. Rest of Europe
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
Asia Pacific Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
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 Module
  2. GTO Module
  3. SiC Module
4. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
5. Market Analysis, Insights, and Forecast – By Country
  1. China
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  2. Japan
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  3. India
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  4. South Korea
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
  5. Rest of APAC
    1. Market Analysis, Insights, and Forecast – By Propulsion Type
Rest of World Locomotive Market Analysis, Insights, and Forecast, 2019-2032
1. Market Analysis, Insights, and Forecast – By Propulsion Type
  1. Combustion Engine
    1. Diesel
    2. Hydrogen
  2. Electric
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 Module
  2. GTO Module
  3. SiC Module
4. Market Analysis, Insights, and Forecast – By End User
  1. Passenger
  2. Freight
Competitive Analysis
1. Key Industry Developments
2. Global Market Rank Analysis (2024)
3. Competition Dashboard
4. Comparative Analysis – Major Players
5. Company Profiles
  1. Progress Rail
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  2. General Electric Company
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  3. Anglo Belgian Corporation nv
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  4. TOSHIBA CORPORATION
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  5. Cummins Inc
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  6. CRRC Corporation Limited (CRRC)
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  7. San-Engineering
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  8. Alstom SA
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  9. Siemens Mobility
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  10. Kawasaki Heavy Industries, Ltd.
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  11. Kolomensky Zavod
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  12. Bharat Heavy Electricals Limited (BHEL)
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  13. Chittaranjan Locomotive Works
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  14. CAF, Construcciones y Auxiliar de Ferrocarriles, S.A.
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  15. HYUNDAI MOTOR GROUP
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  16. Stadler, Inc.
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  17. Hitachi Rail Limited
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  18. Republic Locomotive
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  19. Wabtec Corporation
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)
  20. Medha
    1. Overview
    2. Products & Components
    3. SWOT Analysis
    4. Recent Developments
    5. Strategies
    6. Financials (Based on Availability)

Read Less

List of Figures

Figure 01: Global Locomotive Market Revenue Breakdown (USD Billion, %) By Region, 2024 & 2032

Figure 02: Global Locomotive Market Revenue Breakdown (By Volume, %) By Region, 2024 & 2032

Figure 03: Global Locomotive Market (%) Breakdown By Propulsion Type, 2024 & 2032

Figure 04: Global Locomotive Market (USD Billion) Breakdown By Combustion, 2019-2032

Figure 05: Global Locomotive Market (USD Billion) Breakdown By Electric, 2019-2032

Figure 06: Global Locomotive Market (%) Breakdown By Component, 2024 & 2032

Figure 07: Global Locomotive Market (USD Billion) Breakdown By Rectifier, 2019-2032

Figure 08: Global Locomotive Market (USD Billion) Breakdown By Alternator, 2019-2032

Figure 09: Global Locomotive Market (USD Billion) Breakdown By Motor, 2019-2032

Figure 10: Global Locomotive Market (USD Billion) Breakdown By Others, 2019-2032

Figure 11: Global Locomotive Market (%) Breakdown By Technology, 2024 & 2032

Figure 12: Global Locomotive Market (USD Billion) Breakdown By IGBT Module, 2019-2032

Figure 13: Global Locomotive Market (USD Billion) Breakdown By GTO Module, 2019-2032

Figure 14: Global Locomotive Market (USD Billion) Breakdown By SiC Module, 2019-2032

Figure 15: Global Locomotive Market (%) Breakdown By End-user, 2024 & 2032

Figure 16: Global Locomotive Market (USD Billion) Breakdown By Passenger, 2019-2032

Figure 17: Global Locomotive Market (USD Billion) Breakdown By Freight, 2019-2032

Figure 18: Global Locomotive Market Share (%) By Region, 2024 & 2032

Figure 19: Global Locomotive Market (USD Billion) Breakdown, By North America, 2019-2032

Figure 20: Global Locomotive Market (USD Billion) Breakdown, By Europe, 2019-2032

Figure 21: Global Locomotive Market (USD Billion) Breakdown, By Asia Pacific, 2019-2032

Figure 22: Global Locomotive Market (USD Billion) Breakdown, By Rest of the World, 2019-2032

Figure 23: North America Locomotive Market Value (USD Billion) By Propulsion Type, 2024 & 2032

Figure 24: North America Locomotive Market Value Share (%) By Propulsion Type, 2024 & 2032

Figure 25: North America Locomotive Market Value (USD Billion) By Component, 2024 & 2032

Figure 26: North America Locomotive Market Value Share (%) By Component, 2024 & 2032

Figure 27: North America Locomotive Market Value (USD Billion) By Technology, 2024 & 2032

Figure 28: North America Locomotive Market Value Share (%) By Technology, 2024 & 2032

Figure 29: North America Locomotive Market Value (USD Billion) By End-user, 2024 & 2032

Figure 30: North America Locomotive Market Value Share (%) By End-user, 2024 & 2032

Figure 31: North America Locomotive Market Value (USD Billion) By Country, 2024 & 2032

Figure 32: North America Locomotive Market Value By Country, 2024

Figure 33: Europe Locomotive Market Value (USD Billion) By Propulsion Type, 2024 & 2032

Figure 34: North America Locomotive Market Volume Share (%) By Propulsion Type, 2024

Figure 35: Europe Locomotive Market Value (USD Billion) By Component, 2024 & 2032

Figure 36: Europe Locomotive Market Value Share (%) By Component, 2024 & 2032

Figure 37: Europe Locomotive Market Value (USD Billion) By Technology, 2024 & 2032

Figure 38: Europe Locomotive Market Value Share (%), By Technology, 2024

Figure 39: Europe Locomotive Market Value (USD Billion) By End-user, 2024 & 2032

Figure 40: Europe Locomotive Market Value Share (%), By End-user, 2024

Figure 41: Europe Locomotive Market Value (USD Billion) By Country, 2024 & 2032

Figure 42: Europe Locomotive Market Volume Share (%) By Country, 2024

Figure 43: Asia-Pacific Locomotive Market Value (USD Billion), By Propulsion Type 2024 & 2032

Figure 44: Asia-Pacific Locomotive Market Value Share (%), By Propulsion Type, 2024

Figure 45: Asia-Pacific Locomotive Market Value (USD Billion) By Component, 2024 & 2032

Figure 46: Asia-Pacific Locomotive Market Value Share (%) By Component, 2024 & 2032

Figure 47: Asia-Pacific Locomotive Market Value (USD Billion), By Technology 2024 & 2032

Figure 48: Asia-Pacific Locomotive Market Value Share (%), By Technology, 2024

Figure 49: Asia-Pacific Locomotive Market Value (USD Billion), by End-user, 2024 & 2032

Figure 50: Asia-Pacific Locomotive Market Value Share (%), by End-user, 2024

Figure 51: Asia-Pacific Locomotive Market Value (USD Billion), by Country, 2024 & 2032

Figure 52: Asia-Pacific Locomotive Market Value Share (%), by Country, 2024

Figure 53: Rest of the World Locomotive Market Value (USD Billion), By Propulsion Type 2024 & 2032

Figure 54: Rest of the World Locomotive Market Value Share (%), By Propulsion Type, 2024

Figure 55: Asia-Pacific Locomotive Market Value (USD Billion) By Component, 2024 & 2032

Figure 56: Asia-Pacific Locomotive Market Value Share (%) By Component, 2024 & 2032

Figure 57: Rest of the World Locomotive Market Value (USD Billion), By Technology 2024 & 2032

Figure 58: Rest of the World Locomotive Market Value Share (%), By Technology, 2024

Figure 59: Asia-Pacific Locomotive Market Value (USD Billion), by End-user, 2024 & 2032

Figure 60: Asia-Pacific Locomotive Market Value Share (%), by End-user, 2024

List of Tables

Table 01: Global Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 02: Global Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 03: Global Locomotive Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 04: Global Locomotive Market Revenue (USD Billion) Forecast, By Technology, 2019–2032

Table 05: Global Locomotive Market Revenue (USD Billion) Forecast, By End-user, 2019–2032

Table 06: Global Locomotive Market Volume (Units) Forecast, By End-user, 2019–2032

Table 07: Global Locomotive Market Revenue (USD Billion) Forecast, By Region, 2019–2032

Table 08: Global Locomotive Market Volume (Units) Forecast, By Region, 2019–2032

Table 09: North America Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 10: North America Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 11: North America Locomotive Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 12: North America Locomotive Market Revenue (USD Billion) Forecast, By Technology, 2019–2032

Table 13: North America Locomotive Market Revenue (USD Billion) Forecast, By End-user, 2019–2032

Table 14: North America Locomotive Market Volume (Units) Forecast, By End-user, 2019–2032

Table 15: North America Locomotive Market Revenue (USD Billion) Forecast, By Country, 2019-2032

Table 16: North America Locomotive Market Volume (Units) Forecast, By Country, 2019-2032

Table 17: U.S. Locomotive Market Revenue (USD Billion) Forecast, By Technology, 2019–2032

Table 18: U.S. Locomotive Market Revenue (Units) Forecast, By Technology, 2019–2032

Table 19: Canada Locomotive Market Revenue (USD Billion) Forecast, By Technology, 2019–2032

Table 20: Canada Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 21: Mexico Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 22: Mexico Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 23: Europe Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 24: Europe Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 25: Europe Locomotive Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 26: Europe Locomotive Market, (USD Billion) Forecast, By Technology, 2019-2032

Table 27: Europe Locomotive Market Revenue (USD Billion) Forecast, By End-user, 2019–2032

Table 28: Europe Locomotive Market, (Units) Forecast, By End-user, 2019-2032

Table 29: Europe Locomotive Market (USD Billion) Forecast, By Country, 2019-2032

Table 30: Europe Locomotive Market (Units) Forecast, By Country, 2019-2032

Table 31: U.K. Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 32: U.K. Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 33: Germany Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 34: Germany Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 35: France Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 36: France Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 37: Rest of Europe Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 38: Rest of Europe Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 39: Asia Pacific Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 40: Asia Pacific Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 41: Asia-Pacific Locomotive Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 42: Asia Pacific Locomotive Market, (USD Billion) Forecast, By Technology, 2019-2032

Table 43: Asia Pacific Locomotive Market Revenue (USD Billion) Forecast, By End-user, 2019–2032

Table 44: Asia Pacific Locomotive Market, (Units) Forecast, By End-user, 2019-2032

Table 45: Asia Pacific Locomotive Market (USD Billion) Forecast, By Country, 2019-2032

Table 46: Asia Pacific Locomotive Market (Units) Forecast, By Country, 2019-2032

Table 47: China Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 48: China Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 49: Japan Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 50: Japan Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 51: India Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 52: India Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 53: South Korea Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 54: South Korea Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 55: Rest of Asia Pacific Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 56: Rest of Asia Pacific Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 57: Rest of the World Locomotive Market Revenue (USD Billion) Forecast, By Propulsion Type, 2019–2032

Table 58: Rest of the World Locomotive Market Volume (Units) Forecast, By Propulsion Type, 2019–2032

Table 59: Rest of the World Locomotive Market Revenue (USD Billion) Forecast, By Component, 2019–2032

Table 60: Rest of the World Locomotive Market, (USD Billion) Forecast, By Technology, 2019-2032

Table 61: Rest of the World Locomotive Market Revenue (USD Billion) Forecast, By End-user, 2019–2032

Table 62: Rest of the World Locomotive Market, (Units) Forecast, By End-user, 2019-2032

STUDY PERIOD: 2019-2032
BASE YEAR: 2024
HISTORICAL DATA: 2019-2023
NO OF PAGES: 287

(Offer valid till 15^th Dec 2025)

Download Free Sample

Security Code

Growth Advisory Services

How can we help you uncover new opportunities and scale faster?

Clients

Related Reports

Locomotive Maintenance Market

Connected Rail Market

Train Collision Avoidance System Market

Rolling Stock Market

Get In Touch With Us

US +1 833 909 2966 ( Toll Free )

UK +44 808 502 0280 ( Toll Free )

+91 744 740 1245 (APAC)

sales@fortunebusinessinsights.com