World - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
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Electric locomotive market: get recently published facts and figures empowered by an Ai-driven market research tool. Information contain imports, consumption, market prices, companies, trade, production, exports, and market size. Here is a split by region, including the Middle East, Africa, Russia, Latin America, EU, the U.S., China, and the U.K. Market dynamics and forecast to 2030 are also provided in the dashboards.
Electric Locomotive - World's Largest Markets
| Rating | Country |
|---|---|
| 1 | China |
| 2 | United States |
| 3 | Russia |
| 4 | South Korea |
| 5 | France |
In value terms, China led the market, alone. The second position in the ranking was occupied by the United States. It was followed by Russia.
In China, the electric locomotive market declined by an average annual rate of -7.9% over the period from 2018-2020. The remaining consuming countries recorded the following average annual rates of market growth: the United States (-0.7% per year) and Russia (+14.1% per year).
Electric Locomotive Prices
Lowest Prices - FOB - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| France | 20421 | 12978 | 5542 | -47.9% |
| Sweden | 49024 | 26393 | 21277 | -34.1% |
| South Korea | 16777 | 16847 | 23185 | 17.6% |
| Romania | 34329 | 37275 | 40300 | 8.3% |
| China | 169919 | 221444 | 60372 | -40.4% |
| Germany | 316611 | 291386 | 257888 | -9.7% |
| Average | 85576 | 88156 | 38010 | -33.4% |
Prices varied noticeably by the country of origin; the country with the highest price was Germany ($257,888 per unit), while France ($5,542 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced mixed trends in the export price figures.
Highest Prices - CIF - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| USD per unit | ||||
| Switzerland | 198773 | 199609 | 198819 | 0.0% |
| Sweden | 58316 | 59908 | 60503 | 1.9% |
| Denmark | 68515 | 14167 | 26195 | -38.2% |
| Ireland | 18255 | 17818 | 17382 | -2.4% |
| Morocco | 8517 | 6842 | 7633 | -5.3% |
| Uzbekistan | 2837 | 3214 | 6187 | 47.7% |
| Canada | 9489 | 3101 | 5958 | -20.8% |
| Kenya | 2716 | 2648 | 2882 | 3.0% |
| Spain | 54101 | 110775 | 2242 | -79.6% |
| Belgium | 17030 | 992 | 1611 | -69.2% |
| Singapore | 1337 | 1074 | 970 | -14.8% |
| Malaysia | 458 | 1091 | 304 | -18.5% |
| Egypt | 11693 | 127279 | 119 | -89.9% |
| Average | 11877 | 6745 | 22991 | 39.1% |
There were significant differences in the average prices amongst the major importing countries. In 2020, the country with the highest price was Switzerland ($198,819 per unit), while Egypt ($119 per unit) was amongst the lowest.
From 2018 to 2020, the most notable rate of growth in terms of prices was attained by Uzbekistan, while the other global leaders experienced more modest paces of growth.
Electric Locomotive - Top Importers
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Switzerland | 45 | 4.6 | 84 | 35.9% |
| Sweden | 62 | 125 | 49 | -10.4% |
| Ireland | 21 | 3.2 | 46 | 48.3% |
| Uzbekistan | 0.3 | 0.3 | 43 | 1099.0% |
| Denmark | 1.9 | 1.8 | 13 | 160.5% |
In value terms, Switzerland ($84M), Sweden ($50M) and Ireland ($46M) constituted the countries with the highest levels of imports in 2020, together accounting for 29% of global imports. These countries were followed by Uzbekistan, Denmark, Kenya, Morocco, Singapore, Spain, Canada, Belgium, Malaysia and Egypt, which together accounted for a further 13%.
Uzbekistan (+1,099.0% per year) recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Electric Locomotive - Top Exporters
| COUNTRY | 2018 | 2019 | 2020 | CAGR, 2018-2020 |
|---|---|---|---|---|
| million USD | ||||
| Germany | 429 | 494 | 514 | 9.4% |
| China | 62 | 35 | 106 | 30.3% |
| France | 12 | 27 | 84 | 168.9% |
| South Korea | 12 | 0.02 | 75 | 145.8% |
| Romania | 24 | 7.8 | 27 | 5.2% |
In value terms, Germany ($514M) remains the largest electric locomotive supplier worldwide, comprising 55% of global exports. The second position in the ranking was occupied by China ($106M), with a 11% share of global exports. It was followed by France, with a 8.9% share.
In Germany, electric locomotive exports increased at an average annual rate of +9.4% over the period from 2018-2020. In the other countries, the average annual rates were as follows: China (+30.3% per year) and France (+168.9% per year).
Electric Locomotive - Market Forecast
Depressed by shrinking demand for electric locomotive worldwide, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of for the period from 2020 to 2030, which is projected to depress the market volume to by the end of 2030.
Electric Locomotive - Top Companies
CRRC Group Co., Ltd., CRRC Corporation Limited, ALSTOM Schienenfahrzeuge AG, Bombardier Inc, China Railway Signal & Communication Corporation Limited, ARGE Gate Oerlikon, ALSTOM TRANSPORT SA, Westinghouse Air Brake Technologies Corporation, Trinity Industries, Inc., Hyundai Rotem Company, The Greenbrier Companies Inc, Bombardier Transportation GmbH, Union Tank Car Company, Inner Mongolia First Machinery Group Co., Ltd., CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES, SA, CRRC Nanjing Puzhen Co., Ltd., UGL RAIL PTY LTD, Knorr Brake Holding Corporation, BOMBARDIER TRANSPORTATION UK LTD, DB Fahrzeuginstandhaltung GmbH
Electric Locomotive - Product Coverage
- HS 8601 - Rail locomotives; powered from an external source of electricity or by electric accumulators
This report provides an in-depth analysis of the global electric locomotive market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30201100 - Rail locomotives powered from an external source of electricity
- Prodcom 30201300 - Other rail locomotives, locomotive tenders
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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This report provides an in-depth analysis of the global electric locomotive market.
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This report provides an in-depth analysis of the global electric rail locomotive market.
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In 2016, the amount of electric locomotive imported worldwide amounted to X tons, rising by X% against the previous year figure. Overall, electric locomotive imports continue to indicate a stron...
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In 2016, the amount of electric locomotive imported worldwide amounted to X tons, rising by X% against the previous year figure. Overall, electric locomotive imports continue to indicate a stron...
1205
In 2015, the electric locomotive market amounted to X thousand units, an increase of X% against the previous year.
1802
In 2015, global electric locomotive market amounted to X thousand units, an increase of X% against the previous year. In value terms, it reached X million USD.
1060
Despite a sharp slide in 2014 exports, Germany continued its dominance in the global electric locomotive trade. In 2014, Germany exported X thousand tons of electric locomotives totaling X million USD, X% under the previous year. Its primary tra
2282
In 2013, Germany and China were the main global suppliers of electric locomotives with a combined share of X% of global exports. All the main suppliers strengthened their positions from 2007 to 2013.
