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Global Hybrid Train Market (2021-2026) by Operating Speed, Type, Application, Battery Technology, Geography, Competitive Analysis and the Impact of Covid-19 with Ansoff Analysis

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    Report

  • 180 Pages
  • January 2022
  • Region: Global
  • Infogence Global Research
  • ID: 5544166
The Global Hybrid Train Market is estimated to be USD 44.27 Bn in 2021 and is expected to reach USD 63.56 Bn by 2026, growing at a CAGR of 7.5%.



Market Dynamics

Key factors such as rising demand for reliable transportation, increasing awareness about controlling pollution, increasing application of big data in the rail industry, and rising availability of alternative fuel options boost the market growth. Rising railway operations in industrial and mining activities and government support for alternative fuel-powered railway operations provide growth opportunities to the market.

However, the high cost associated with the development of hybrid trains and the rising refurbishment of existing trains are likely to restrain the market growth.

Market Segmentation

  • The Global Hybrid Train Market is segmented further based on Operating Speed, Type, Application, Battery Technology, and Geography.
  • By Operating Speed, the market is classified as >100 km/h, 100-200 km/h and < 200 km/h.
  • By Type, the market is classified as Electro Diesel, Battery Operated, Hydrogen, CNG, LNG, and Solar.
  • By Application, the market is classified as Passenger and Freight.
  • By Battery Technology, the market is classified as Gel Tubular, Valve Regulated Lead-Acid (VRLA), Conventional Lead-Acid, Sinter PNE, Fiber PNE, Pocket Plate and Lithium-Ion.
  • By Geography, America is projected to lead the market.

Recent Developments

1. Skoda Transportation has signed an agreement for the joint venture with Sinara Group for the production trains, trolleybuses in Russia. 17th December 2019
2. Ballard has joined a new development partnership with chart industries for heavy duties mobility onboard Hydrogen solutions. This partnership will help in accelerating the adoption of hydrogen. 10th February 2021

Company Profiles

Some of the companies covered in this report are Bombardier, Alstom, Kawasaki Heavy Industries, Siemens, General Electric, Hyundai Rotem, Hitachi, etc.

Countries Studied

  • America (Argentina, Brazil, Canada, Chile, Colombia, Mexico, Peru, United States, Rest of Americas)
  • Europe (Austria, Belgium, Denmark, Finland, France, Germany, Italy, Netherlands, Norway, Poland, Russia, Spain, Sweden, Switzerland, United Kingdom, Rest of Europe)
  • Middle-East and Africa (Egypt, Israel, Qatar, Saudi Arabia, South Africa, United Arab Emirates, Rest of MEA)
  • Asia-Pacific (Australia, Bangladesh, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Sri Lanka, Thailand, Taiwan, Rest of Asia-Pacific)

Competitive Quadrant

The report includes a Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.

Why buy this report?

  • The report offers a comprehensive evaluation of the Global Hybrid Train Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
  • The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
  • The report includes an in-depth market analysis using Porter’s 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using Positioning Quadrants, the analyst's competitive positioning tool.

Report Highlights:

  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • Historical, current, and projected size of the market based on value and volume
  • Market shares and strategies of key players
  • Recommendations to companies for strengthening their foothold in the market
Frequently Asked Questions about the Global Hybrid Train Market

What is the estimated value of the Global Hybrid Train Market?

The Global Hybrid Train Market was estimated to be valued at $44.27 Billion in 2021.

What is the growth rate of the Global Hybrid Train Market?

The growth rate of the Global Hybrid Train Market is 7.5%, with an estimated value of $63.56 Billion by 2026.

What is the forecasted size of the Global Hybrid Train Market?

The Global Hybrid Train Market is estimated to be worth $63.56 Billion by 2026.

Who are the key companies in the Global Hybrid Train Market?

Key companies in the Global Hybrid Train Market include ABB, Alstom, Ballard Power Systems, Bombardier, CAF, Construcciones y Auxiliar de Ferrocarriles, CRRC, Etihad Rail and Hitachi.

Table of Contents

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size and Segmentation
3.3 Market Outlook
4 Market Influencers
4.1 Drivers
4.1.1 Rising Demand for Reliable Transportation
4.1.2 Increasing Awareness about Controlling Pollution
4.1.3 Rising Availability of Alternative Fuel Options
4.2 Restraints
4.2.1 High Cost of Infrastructure and Maintenance
4.3 Opportunities
4.3.1 Government Initiative
4.3.2 Incorporation of IoT in Railways
4.3.3 Rising Railway Operations in Industrial and Mining Activities
4.4 Challenges
4.4.1 Rising Refurbishment of Existing Trains
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter’s Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 Global Hybrid Train Market, By Operating Speed
6.1 Introduction
6.2 >100 km/hr
6.3 100-200 km/hr
6.4 < 200 km/hr
7 Global Hybrid Train Market, By Type
7.1 Introduction
7.2 Electro Diesel
7.3 Battery Operated
7.4 Hydrogen
7.5 CNG
7.6 LNG
7.7 Solar
8 Global Hybrid Train Market, By Application
8.1 Introduction
8.2 Passenger
8.3 Freigh
9 Global Hybrid Train Market, By Battery Technology
9.1 Introduction
9.2 Gel Tubular
9.3 Valve Regulated Lead-Acid (VRLA)
9.4 Conventional Lead-Acid
9.5 Sinter PNE
9.6 Fiber PNE
9.7 Pocket Plate
9.8 Lithium-Ion
10 Global Hybrid Train Market, By Geography
10.1 Introduction
10.2 America
10.2.1 Argentina
10.2.2 Brazil
10.2.3 Canada
10.2.4 Chile
10.2.5 Colombia
10.2.6 Mexico
10.2.7 Peru
10.2.8 United States
10.2.9 Rest of Americas
10.3 Europe
10.3.1 Austria
10.3.2 Belgium
10.3.3 Denmark
10.3.4 Finland
10.3.5 France
10.3.6 Germany
10.3.7 Italy
10.3.8 Netherlands
10.3.9 Norway
10.3.10 Poland
10.3.11 Russia
10.3.12 Spain
10.3.13 Sweden
10.3.14 Switzerland
10.3.15 United Kingdom
10.3.16 Rest of Europe
10.4 Middle East and Africa
10.4.1 Egypt
10.4.2 Israel
10.4.3 Qatar
10.4.4 Saudi Arabia
10.4.5 South Africa
10.4.6 United Arab Emirates
10.4.7 Rest of MEA
10.5 Asia-Pacific
10.5.1 Australia
10.5.2 Bangladesh
10.5.3 China
10.5.4 India
10.5.5 Indonesia
10.5.6 Japan
10.5.7 Malaysia
10.5.8 Philippines
10.5.9 Singapore
10.5.10 South Korea
10.5.11 Sri Lanka
10.5.12 Thailand
10.5.13 Taiwan
10.5.14 Rest of Asia-Pacific
11 Competitive Landscape
11.1 Competitive Quadrant
11.2 Market Share Analysis
11.3 Strategic Initiatives
11.3.1 M&A and Investments
11.3.2 Partnerships and Collaborations
11.3.3 Product Developments and Improvements
12 Company Profiles
12.1 ABB
12.2 Alstom
12.3 Ballard Power Systems
12.4 Bombardier
12.5 CAF
12.6 Construcciones y Auxiliar de Ferrocarriles
12.7 CRRC
12.8 Etihad Rail
12.9 General Electric
12.10 Hitachi
12.11 Hydrogenics
12.12 Hyundai Rotem
12.13 Kawasaki Heavy Industries
12.14 Kinki Sharyo
12.15 Rolls-Royce
12.16 Siemens
12.17 Škoda Transportation
12.18 Toshiba
12.19 Toyota Motor
12.20 Vivarail
13 Appendix
13.1 Questionnaire

Companies Mentioned

  • ABB
  • Alstom
  • Ballard Power Systems
  • Bombardier
  • CAF
  • Construcciones y Auxiliar de Ferrocarriles
  • CRRC
  • Etihad Rail
  • General Electric
  • Hitachi
  • Hydrogenics
  • Hyundai Rotem
  • Kawasaki Heavy Industries
  • Kinki Sharyo
  • Rolls-Royce
  • Siemens
  • Škoda Transportation
  • Toshiba
  • Toyota Motor
  • Vivarail