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Hybrid Train Market by Propulsion, Operating Speed, Application, and Region - Global Forecast to 2030

  • ID: 4769276
  • Report
  • Region: Global
  • 142 Pages
  • Markets and Markets
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The Global Hybrid Train Market is Estimated to Grow from 5,429 Units in 2019 to Reach 9,109 Units by 2030, at a CAGR of 4.8%

FEATURED COMPANIES

  • ABB
  • Bombardier
  • Cummins
  • Hitachi
  • Renfe Operadora
  • Skoda Transportation
  • MORE

Hybrid Train Market by Propulsion (Battery Operated, Electro Diesel, CNG, LNG, Electro Diesel, Hydrogen & Solar), Operating Speed (Below 100 km/h, 100-200 km/h, & Above 200 km/h), Application (Passenger and Freight), and Region - Global Forecast to 2030

Development of infrastructure and reduction in carbon emissions are significant factors for the growth of the hybrid train market globally

The global hybrid train market is estimated to grow from 5,429 Units in 2019 to reach 9,109 Units by 2030, at a CAGR of 4.8%. Increased emphasis on reduction in carbon emissions is expected to boost the market. However, high overhaul & maintenance costs can create a hurdle for the growth of it.

Stringent regulations regarding environmental issues is likely to propel the growth of hydrogen trains during the forecast period

The hydrogen train segment is the fastest growing market. Hydrogen train which works on hydrogen fuel cells is said to be a true eco-friendly train. Hydrogen train does not require a dual fuel system, which makes it a completely pollution-free and noise-free in operation achieving the need of an emission-free train. Alstom with Eversholt Rail has introduced the first hydrogen fuel cell powered train in Germany in September 2018, which has already entered into the commercial services.

North America market is expected to register the fastest growth during the forecast period

The North America market is expected to witness the fastest growth, followed by the Middle East & Africa. The US accounts for the largest share of the North American train market in 2018. The railway industry in the country is inclined towards innovation, technology, and development of high-performance and energy-efficient trains. The increasing demand for reducing carbon emission and developing more efficient trains are expected to propel the growth. BNSF, Bombardier, and GE are some of the key players in the US railway industry. BNSF with GE Transportation has planned to launch a diesel-electric locomotive by the end of 2020.

Asia Pacific is expected to be the largest market during the forecast period

The Asia Pacific is expected to be the largest market, followed by Europe. The increasing concerns of carbon emission due to conventional railways and efficiency in this mode of transport have led the European authorities to develop a hybrid train network that has propelled the growth of this market. Government initiatives have encouraged the key players to develop the infrastructure for the train network. These trains have provided an opportunity for railway manufacturers to increase their presence in the region.

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

  • By Company Type: Tier I - 42%, Tier II - 40%, and Tier III - 18%,
  • By Designation: C Level - 40%, D Level - 40%, and Others - 20%
  • By Region: North America - 27%, Europe - 25%, Asia Pacific - 19%, Middle East & Africa- 18% Rest of the World- 11%

The hybrid train market comprises major manufacturers such as Alstom (France), Bombardier (Canada), CRRC (China), Kawasaki (Japan), and Siemens (Germany).

Research Coverage:

The market study covers the hybrid train across segments. It aims at estimating the market size and future growth potential of this market across different segments such as the application type, propulsion type, operating speed type,
and region. The study also includes an in-depth competitive analysis of the key players in the market along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report:

The report will help the market leaders/new entrants in this market with the information on the closest approximations of the revenue numbers for the overall hybrid train market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ABB
  • Bombardier
  • Cummins
  • Hitachi
  • Renfe Operadora
  • Skoda Transportation
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources
2.2.2 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.3.3 Key Data From Primary Sources
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Market Breakdown and Data Triangulation
2.6 Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Opportunities in the Hybrid Train Market
4.2 Asia Oceania to Lead the Hybrid Train Market in 2030
4.3 Hybrid Train Market in Asia Oceania, By Application Type and Country
4.4 Hybrid Train Market, By Application Type, 2019
4.5 Hybrid Train Market, By Operating Speed Type, By Units, 2019 vs 2030
4.6 Hybrid Train Market, By Propulsion Type, By Units, 2019 vs 2030

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Public Transport as A Means of Reducing Traffic Congestion
5.2.1.2 Growing Demand for Energy-Efficient Transport
5.2.1.3 Increasing Demand for Comfort and Safety
5.2.2 Restraints
5.2.2.1 Refurbishment of Existing Trains
5.2.2.2 Capital-Intensive Nature of Trains
5.2.3 Opportunities
5.2.3.1 Big Data Applications in the Rail Industry
5.2.3.2 Increase in Industrial and Mining Activities
5.2.4 Challenges
5.2.4.1 High Overhaul and Maintenance Costs

6 Hybrid Train Market, Future Trends & Scenario (2017–2030)
6.1 Introduction
6.2 Hybrid Train Market – Most Likely Scenario
6.3 Hybrid Train Market – Optimistic Scenario
6.4 Hybrid Train Market – Pessimistic Scenario

7 Industry Trends
7.1 Introduction
7.2 Technology Analysis
7.3 Hyperloop: the Future of Transportation
7.4 Internet of Things (IoT) in Railways
7.5 Tilting and Non-Tilting Train
7.6 Autonomous Train

8 Hybrid Train Market, By Propulsion Type
8.1 Introduction
8.2 Research Methodology
8.3 Battery Powered
8.3.1 Recyclability & Efficiency Will Boost the Demand for Hybrid Trains
8.4 Electro Diesel
8.4.1 Asia Oceania Region Will Lead the Electro Diesel Market
8.5 CNG
8.5.1 High Installing Cost Will Restrict the Market Growth of CNG Powered Trains
8.6 LNG
8.6.1 Gradual Shift From CNG to LNG Will Boost the Demand for LNG Powered Trains in Hybrid Train Market
8.7 Solar Powered
8.7.1 Asia Oceania Region Lead the Solar-Powered Train Market
8.8 Hydrogen Powered
8.8.1 Clean & Environment-Friendly Transportation Will Boost the Demand for Hydrogen Powered Train
8.9 Key Primary Insights

9 Hybrid Train Market, By Application Type
9.1 Introduction
9.2 Research Methodology
9.3 Passenger
9.3.1 Rising Demand for Energy-Efficient Modes of Transportation to Boost the Hybrid Train Market
9.4 Freight
9.4.1 Demand for Emission Free Freight Transport Increased Globally
9.5 Key Primary Insights

10 Hybrid Train Market, By Operating Speed
10.1 Introduction
10.2 Research Methodology
10.3 Below 100 Km/H
10.3.1 Asia Oceania to Lead the Hybrid Train Market
10.4 100–200 Km/H
10.4.1 Demand for Reduction in Traffic Congestion to Boost the Market for Hybrid Train
10.5 Above 200 Km/H
10.5.1 Developments in the Operating Speed Will Boost the Demand for Hybrid Trains
10.6 Key Primary Insights

11 Hybrid Train Market, By Region
11.1 Introduction
11.2 Asia Oceania
11.2.1 China
11.2.1.1 Battery Operated Trains Will Be the Fastest Growing Segment in China Due to the Usage of Batteries in Short Distance Trains
11.2.2 Japan
11.2.2.1 Electro Diesel Train Will Lead the Hybrid Train Market in Japan Due to the Electrification of Existing Diesel Trains
11.2.3 India
11.2.3.1 CNG Trains in India Will Get Affected as LNG Trains Have Various Advantages Over CNG Trains.
11.2.4 South Korea
11.2.4.1 The Electro Diesel Segment Will Lead the Hybrid Train Market in South Korea Due to New Electro Diesel Trains
11.2.5 New Zealand
11.2.5.1 Battery Operated Train Segment to Grow With A Cagr of 12.5% Due to the Increased Investment in Innovative Technologies
11.2.6 Australia
11.2.6.1 World's First Solar Powered Train Launched in Australia Will Boost the Demand
11.3 Europe
11.3.1 France
11.3.1.1 Hydrogen Train Will Be Operation in 2022 Will Boost the Demand
11.3.2 Germany
11.3.2.1 Electro Diesel to Lead Due to Electrification of Diesel Trains
11.3.3 Spain
11.3.3.1 Government Regulations and Policies to Meet the Environmental Standards Will Boost the Demand
11.3.4 Austria
11.3.4.1 Replacement of Existing Diesel Trains Will Boost the Demand for Electro Diesel
11.3.5 UK
11.3.5.1 European Train Manufacturers are Focused on the Future Innovative Technologies in Trains Will Boost the Demand
11.4 North America
11.4.1 US
11.4.1.1 Growing Demand for Freight Will Boost the Demand
11.4.2 Canada
11.4.2.1 Government Subsidies for Greener Transport Will Boost the Demand
11.4.3 Mexico
11.4.3.1 Increasing Demand for Reduction in Carbon Emissions Will Boost the Demand
11.5 Middle East & Africa
11.5.1 South Africa
11.5.1.1 Increasing Government Spending for the Purchase of Greener Trains Will Boost the Demand
11.5.2 United Arab Emirates
11.5.2.1 Advancements in the Railway Technologies Will Boost the Demand
11.5.3 Egypt
11.5.3.1 Government Plans to Develop Hybrid Train Lines Will Boost the Demand
11.6 Rest of the World
11.6.1 Brazil
11.6.1.1 Growing Demand for Energy Efficient Transport Will Boost the Demand
11.6.2 Russia
11.6.2.1 Increase in Trade Agreements By the Russian Governments Will Uplift the Demand

12 Competitive Landscape
12.1 Overview
12.2 Market Ranking Analysis
12.3 Competitive Scenario
12.3.1 New Product Developments
12.3.2 Mergers & Acquisitions
12.3.3 Partnerships/Supply Contracts/Collaborations/Joint Ventures/License Agreements
12.3.4 Expansions
12.4 Competitive Leadership Mapping
12.4.1 Visionary Leaders
12.4.2 Innovators
12.4.3 Dynamic Differentiators
12.4.4 Emerging Companies

13 Company Profiles
13.1 CRRC
13.2 Bombardier
13.3 Alstom
13.4 Kawasaki Heavy Industries
13.5 Siemens
13.6 General Electric
13.7 Hyundai Rotem
13.8 Toshiba
13.9 Hitachi
13.10 Construcciones Y Auxiliar De Ferrocarriles (CAF)
13.11 Toyota
13.12 Cummins
13.13 Other Key Players
13.13.1 North America
13.13.1.1 BNSF
13.13.1.2 Ballard
13.13.1.3 Chart Industries
13.13.1.4 Hydrogenics
13.13.2 Europe
13.13.2.1 ABB
13.13.2.2 Renfe Operadora
13.13.2.3 CK Investments
13.13.2.4 Skoda Transportation
13.13.2.5 Stadler
13.13.2.6 DB Cargo
13.13.2.7 SNCF
13.13.2.8 Vivarail
13.13.2.9 Rolls-Royce
13.13.3 Asia
13.13.3.1 Yongji Xinshisu Electric Equipment Co., Ltd.
13.13.3.2 The Kinky Sharyo Co., Ltd.
13.13.4 Middle East
13.13.4.1 Etihad Rail
13.13.5 Rest of the World
13.13.5.1 Sinara Transport Machines

14 Appendix
14.1 Key Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Subscription Portal
14.4 Available Customizations
14.5 Related Reports
14.6 Author Details

List of Tables
Table 1 Currency Exchange Rates (Per 1 USD)
Table 2 Impact of Market Dynamics
Table 3 Hybrid Train Market (Most Likely), By Region, 2017–2030 (Units)
Table 4 Hybrid Train Market (Optimistic Scenario), By Region, 2017–2030 (Units)
Table 5 Hybrid Train Market (Pessimistic), By Region, 2017–2030 (Units)
Table 6 Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 7 Battery Powered: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 8 Electro Diesel: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 9 CNG: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 10 LNG: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 11 Solar Powered: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 12 Hydrogen Powered: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 13 Hybrid Train Market Size, By Application Type, 2017–2030 (Units)
Table 14 Passenger: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 15 Freight: Hybrid Train Market, By Region, 2017-2030 (Units)
Table 16 Hybrid Train Market Size, By Operating Speed, 2017–2030 (Units)
Table 17 Below 100 Km/H: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 18 100–200 Km/H: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 19 Above 200 Km/H: Hybrid Train Market, By Region, 2017–2030 (Units)
Table 20 Hybrid Train Market, By Region, 2017–2030 (Units)
Table 21 Asia Oceania: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 22 China: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 23 Japan: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 24 India: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 25 South Korea: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 26 New Zealand: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 27 Australia: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 28 Europe: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 29 France: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 30 Germany: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 31 Spain: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 32 Austria: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 33 UK: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 34 North America: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 35 US: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 36 Canada: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 37 Mexico: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 38 Middle East & Africa: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 39 South Africa: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 40 United Arab Emirates: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 41 Egypt: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 42 RoW: Hybrid Train Market, By Country, 2017–2030 (Units)
Table 43 Brazil: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 44 Russia: Hybrid Train Market, By Propulsion Type, 2017–2030 (Units)
Table 45 New Product Developments, 2017–2018
Table 46 Mergers & Acquisitions, 2016–2019
Table 47 Partnerships/Supply Contracts/Collaborations/Joint Ventures/ Agreements, 2016–2019
Table 48 Expansions, 2016–2018

List of Figures
Figure 1 Hybrid Train Market Segmentation
Figure 2 Hybrid Train Market: Research Design
Figure 3 Research Methodology Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Market Size Estimation Methodology for the Hybrid Train Market: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology for the Hybrid Train Market: Top-Down Approach
Figure 7 Data Triangulation
Figure 8 Hybrid Train Market: Market Dynamics
Figure 9 Hybrid Train Market, By Region, 2019–2025 (Units)
Figure 10 Passenger Segment Held the Largest Share in the Hybrid Train Market in 2019
Figure 11 Increasing Demand for Greener Transport is Driving the Hybrid Train Market, 2019–2030 (Units)
Figure 12 Hybrid Train Market Share, By Region, Units, 2030
Figure 13 Passenger Segment to Account for the Largest Share in Asia Oceania Hybrid Train Market, 2019
Figure 14 Passenger Segment Expected to Dominate During the Forecast Period
Figure 15 100–200 Km/H Expected to Dominate During the Forecast Period
Figure 16 Electro Diesel Type Expected to Dominate During the Forecast Period
Figure 17 Hybrid Train Market: Market Dynamics
Figure 18 Hybrid Train Market– Future Trends & Scenario, 2017–2030 (Units)
Figure 19 Hydrogen Train is Expected to Grow at the Highest Cagr During the Forecast Period (2019–2030)
Figure 20 Freight Segment to Grow at A Higher Cagr During the Forecast Period (2019–2030)
Figure 21 Below 100 Km/H Segment is Expected to Grow at A Higher Cagr During the Forecast Period (2019–2030)
Figure 22 Hybrid Train Market, By Region, 2019 vs. 2030
Figure 23 Asia Oceania: Hybrid Train Market Snapshot
Figure 24 Europe: Hybrid Train Market, By Country, 2019 vs. 2030 (Units)
Figure 25 North America: Hybrid Train Market Snapshot
Figure 26 Middle East & Africa: Hybrid Train Market, By Country, 2019 vs. 2030 (Units)
Figure 27 RoW: Hybrid Train Market, By Country, 2019 vs. 2030 (Units)
Figure 28 Key Developments By Leading Players in the Hybrid Train Market, 2016–2019
Figure 29 Market Ranking 2018
Figure 30 Hybrid Train Market: Competitive Leadership Mapping, 2018
Figure 31 CRRC: Company Snapshot
Figure 32 CRRC Corporation: SWOT Analysis
Figure 33 Bombardier: Company Snapshot
Figure 34 Bombardier: SWOT Analysis
Figure 35 Alstom: Company Snapshot
Figure 36 Alstom: SWOT Analysis
Figure 37 Kawasaki Heavy Industries: Company Snapshot
Figure 38 Kawasaki Heavy Industries: SWOT Analysis
Figure 39 Siemens: Company Snapshot
Figure 40 Siemens: SWOT Analysis
Figure 41 General Electric: Company Snapshot
Figure 42 Hyundai Rotem Company: Company Snapshot
Figure 43 Toshiba: Company Snapshot
Figure 44 Hitachi: Company Snapshot
Figure 45 Construcciones Y Auxiliar De Ferrocarriles S.A.: Company Snapshot
Figure 46 Toyota: Company Snapshot
Figure 47 Cummins Inc.: Company Snapshot

Note: Product cover images may vary from those shown
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  • ABB
  • Alstom
  • Ballard
  • BNSF
  • Bombardier
  • Chart Industries
  • CK Investments
  • Construcciones Y Auxiliar De Ferrocarriles (CAF)
  • CRRC
  • Cummins
  • DB Cargo
  • Etihad Rail
  • General Electric
  • Hitachi
  • Hydrogenics
  • Hyundai Rotem
  • Kawasaki Heavy Industries
  • Renfe Operadora
  • Rolls-Royce
  • Siemens
  • Sinara Transport Machines
  • Skoda Transportation
  • SNCF
  • Stadler
  • The Kinky Sharyo Co., Ltd.
  • Toshiba
  • Toyota
  • Vivarail
  • Yongji Xinshisu Electric Equipment Co., Ltd.
Note: Product cover images may vary from those shown
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