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Global Locomotives (Rolling Stock) Market Research Report 2025
Synopsis
Locomotive is a rail transport vehicle that provides the motive power for a train. Locomotives use electricity to drive forward motion despite some locomotive named 'diesel'. In diesel locomotive, a large diesel engine turns a shaft that drives a generator which makes electricity. This electrical energy powers large electric motors at the wheels called 'traction motors'.
The global Locomotives (Rolling Stock) market was valued at US$ 85940 million in 2023 and is anticipated to reach US$ 109650 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Global Locomotives (Rolling Stock) key players include CRRC, GE, Alstom, etc. Global top three manufacturers hold a share over 50%.
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both have a share about 55 percent.
In terms of product, Diesel Locomotive is the largest segment, with a share over 70%. And in terms of application, the largest application is Freight Transport, followed by Passenger Transport.
This report aims to provide a comprehensive presentation of the global market for Locomotives (Rolling Stock), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Locomotives (Rolling Stock).
Report Scope
The Locomotives (Rolling Stock) market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Locomotives (Rolling Stock) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Locomotives (Rolling Stock) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
CRRC
GE
Alstom
Siemens
Bombardier
Hitachi
Transmashholding
EMD (Catepiller)
Kawasaki Heavy Industries
Stadler Rail
Hyundai Rotem
Segment by Type
Diesel Locomotive
Electric Locomotive
Segment by Application
Passenger Transport
Freight Transport
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Locomotives (Rolling Stock) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Locomotives (Rolling Stock) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Locomotives (Rolling Stock) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Locomotive is a rail transport vehicle that provides the motive power for a train. Locomotives use electricity to drive forward motion despite some locomotive named 'diesel'. In diesel locomotive, a large diesel engine turns a shaft that drives a generator which makes electricity. This electrical energy powers large electric motors at the wheels called 'traction motors'.
The global Locomotives (Rolling Stock) market was valued at US$ 85940 million in 2023 and is anticipated to reach US$ 109650 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Global Locomotives (Rolling Stock) key players include CRRC, GE, Alstom, etc. Global top three manufacturers hold a share over 50%.
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both have a share about 55 percent.
In terms of product, Diesel Locomotive is the largest segment, with a share over 70%. And in terms of application, the largest application is Freight Transport, followed by Passenger Transport.
This report aims to provide a comprehensive presentation of the global market for Locomotives (Rolling Stock), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Locomotives (Rolling Stock).
Report Scope
The Locomotives (Rolling Stock) market size, estimations, and forecasts are provided in terms of output/shipments (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Locomotives (Rolling Stock) market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Locomotives (Rolling Stock) manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
CRRC
GE
Alstom
Siemens
Bombardier
Hitachi
Transmashholding
EMD (Catepiller)
Kawasaki Heavy Industries
Stadler Rail
Hyundai Rotem
Segment by Type
Diesel Locomotive
Electric Locomotive
Segment by Application
Passenger Transport
Freight Transport
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Locomotives (Rolling Stock) manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Locomotives (Rolling Stock) by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Locomotives (Rolling Stock) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Locomotives (Rolling Stock) Market Overview
1.1 Product Definition
1.2 Locomotives (Rolling Stock) Segment by Type
1.2.1 Global Locomotives (Rolling Stock) Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Diesel Locomotive
1.2.3 Electric Locomotive
1.3 Locomotives (Rolling Stock) Segment by Application
1.3.1 Global Locomotives (Rolling Stock) Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Passenger Transport
1.3.3 Freight Transport
1.4 Global Market Growth Prospects
1.4.1 Global Locomotives (Rolling Stock) Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Locomotives (Rolling Stock) Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Locomotives (Rolling Stock) Production Estimates and Forecasts (2019-2030)
1.4.4 Global Locomotives (Rolling Stock) Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Locomotives (Rolling Stock) Production Market Share by Manufacturers (2019-2024)
2.2 Global Locomotives (Rolling Stock) Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Locomotives (Rolling Stock), Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Locomotives (Rolling Stock) Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Locomotives (Rolling Stock) Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Locomotives (Rolling Stock), Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Locomotives (Rolling Stock), Product Offered and Application
2.8 Global Key Manufacturers of Locomotives (Rolling Stock), Date of Enter into This Industry
2.9 Locomotives (Rolling Stock) Market Competitive Situation and Trends
2.9.1 Locomotives (Rolling Stock) Market Concentration Rate
2.9.2 Global 5 and 10 Largest Locomotives (Rolling Stock) Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Locomotives (Rolling Stock) Production by Region
3.1 Global Locomotives (Rolling Stock) Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Locomotives (Rolling Stock) Production Value by Region (2019-2030)
3.2.1 Global Locomotives (Rolling Stock) Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Locomotives (Rolling Stock) by Region (2025-2030)
3.3 Global Locomotives (Rolling Stock) Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Locomotives (Rolling Stock) Production by Region (2019-2030)
3.4.1 Global Locomotives (Rolling Stock) Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Locomotives (Rolling Stock) by Region (2025-2030)
3.5 Global Locomotives (Rolling Stock) Market Price Analysis by Region (2019-2024)
3.6 Global Locomotives (Rolling Stock) Production and Value, Year-over-Year Growth
3.6.1 North America Locomotives (Rolling Stock) Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Locomotives (Rolling Stock) Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Locomotives (Rolling Stock) Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Locomotives (Rolling Stock) Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Locomotives (Rolling Stock) Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Locomotives (Rolling Stock) Production Value Estimates and Forecasts (2019-2030)
4 Locomotives (Rolling Stock) Consumption by Region
4.1 Global Locomotives (Rolling Stock) Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Locomotives (Rolling Stock) Consumption by Region (2019-2030)
4.2.1 Global Locomotives (Rolling Stock) Consumption by Region (2019-2024)
4.2.2 Global Locomotives (Rolling Stock) Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Locomotives (Rolling Stock) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Locomotives (Rolling Stock) Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Locomotives (Rolling Stock) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Locomotives (Rolling Stock) Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Locomotives (Rolling Stock) Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Locomotives (Rolling Stock) Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Locomotives (Rolling Stock) Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Locomotives (Rolling Stock) Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Locomotives (Rolling Stock) Production by Type (2019-2030)
5.1.1 Global Locomotives (Rolling Stock) Production by Type (2019-2024)
5.1.2 Global Locomotives (Rolling Stock) Production by Type (2025-2030)
5.1.3 Global Locomotives (Rolling Stock) Production Market Share by Type (2019-2030)
5.2 Global Locomotives (Rolling Stock) Production Value by Type (2019-2030)
5.2.1 Global Locomotives (Rolling Stock) Production Value by Type (2019-2024)
5.2.2 Global Locomotives (Rolling Stock) Production Value by Type (2025-2030)
5.2.3 Global Locomotives (Rolling Stock) Production Value Market Share by Type (2019-2030)
5.3 Global Locomotives (Rolling Stock) Price by Type (2019-2030)
6 Segment by Application
6.1 Global Locomotives (Rolling Stock) Production by Application (2019-2030)
6.1.1 Global Locomotives (Rolling Stock) Production by Application (2019-2024)
6.1.2 Global Locomotives (Rolling Stock) Production by Application (2025-2030)
6.1.3 Global Locomotives (Rolling Stock) Production Market Share by Application (2019-2030)
6.2 Global Locomotives (Rolling Stock) Production Value by Application (2019-2030)
6.2.1 Global Locomotives (Rolling Stock) Production Value by Application (2019-2024)
6.2.2 Global Locomotives (Rolling Stock) Production Value by Application (2025-2030)
6.2.3 Global Locomotives (Rolling Stock) Production Value Market Share by Application (2019-2030)
6.3 Global Locomotives (Rolling Stock) Price by Application (2019-2030)
7 Key Companies Profiled
7.1 CRRC
7.1.1 CRRC Locomotives (Rolling Stock) Corporation Information
7.1.2 CRRC Locomotives (Rolling Stock) Product Portfolio
7.1.3 CRRC Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.1.4 CRRC Main Business and Markets Served
7.1.5 CRRC Recent Developments/Updates
7.2 GE
7.2.1 GE Locomotives (Rolling Stock) Corporation Information
7.2.2 GE Locomotives (Rolling Stock) Product Portfolio
7.2.3 GE Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.2.4 GE Main Business and Markets Served
7.2.5 GE Recent Developments/Updates
7.3 Alstom
7.3.1 Alstom Locomotives (Rolling Stock) Corporation Information
7.3.2 Alstom Locomotives (Rolling Stock) Product Portfolio
7.3.3 Alstom Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Alstom Main Business and Markets Served
7.3.5 Alstom Recent Developments/Updates
7.4 Siemens
7.4.1 Siemens Locomotives (Rolling Stock) Corporation Information
7.4.2 Siemens Locomotives (Rolling Stock) Product Portfolio
7.4.3 Siemens Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Siemens Main Business and Markets Served
7.4.5 Siemens Recent Developments/Updates
7.5 Bombardier
7.5.1 Bombardier Locomotives (Rolling Stock) Corporation Information
7.5.2 Bombardier Locomotives (Rolling Stock) Product Portfolio
7.5.3 Bombardier Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Bombardier Main Business and Markets Served
7.5.5 Bombardier Recent Developments/Updates
7.6 Hitachi
7.6.1 Hitachi Locomotives (Rolling Stock) Corporation Information
7.6.2 Hitachi Locomotives (Rolling Stock) Product Portfolio
7.6.3 Hitachi Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hitachi Main Business and Markets Served
7.6.5 Hitachi Recent Developments/Updates
7.7 Transmashholding
7.7.1 Transmashholding Locomotives (Rolling Stock) Corporation Information
7.7.2 Transmashholding Locomotives (Rolling Stock) Product Portfolio
7.7.3 Transmashholding Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Transmashholding Main Business and Markets Served
7.7.5 Transmashholding Recent Developments/Updates
7.8 EMD (Catepiller)
7.8.1 EMD (Catepiller) Locomotives (Rolling Stock) Corporation Information
7.8.2 EMD (Catepiller) Locomotives (Rolling Stock) Product Portfolio
7.8.3 EMD (Catepiller) Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.8.4 EMD (Catepiller) Main Business and Markets Served
7.7.5 EMD (Catepiller) Recent Developments/Updates
7.9 Kawasaki Heavy Industries
7.9.1 Kawasaki Heavy Industries Locomotives (Rolling Stock) Corporation Information
7.9.2 Kawasaki Heavy Industries Locomotives (Rolling Stock) Product Portfolio
7.9.3 Kawasaki Heavy Industries Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Kawasaki Heavy Industries Main Business and Markets Served
7.9.5 Kawasaki Heavy Industries Recent Developments/Updates
7.10 Stadler Rail
7.10.1 Stadler Rail Locomotives (Rolling Stock) Corporation Information
7.10.2 Stadler Rail Locomotives (Rolling Stock) Product Portfolio
7.10.3 Stadler Rail Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Stadler Rail Main Business and Markets Served
7.10.5 Stadler Rail Recent Developments/Updates
7.11 Hyundai Rotem
7.11.1 Hyundai Rotem Locomotives (Rolling Stock) Corporation Information
7.11.2 Hyundai Rotem Locomotives (Rolling Stock) Product Portfolio
7.11.3 Hyundai Rotem Locomotives (Rolling Stock) Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Hyundai Rotem Main Business and Markets Served
7.11.5 Hyundai Rotem Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Locomotives (Rolling Stock) Industry Chain Analysis
8.2 Locomotives (Rolling Stock) Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Locomotives (Rolling Stock) Production Mode & Process
8.4 Locomotives (Rolling Stock) Sales and Marketing
8.4.1 Locomotives (Rolling Stock) Sales Channels
8.4.2 Locomotives (Rolling Stock) Distributors
8.5 Locomotives (Rolling Stock) Customers
9 Locomotives (Rolling Stock) Market Dynamics
9.1 Locomotives (Rolling Stock) Industry Trends
9.2 Locomotives (Rolling Stock) Market Drivers
9.3 Locomotives (Rolling Stock) Market Challenges
9.4 Locomotives (Rolling Stock) Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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