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India 3 Phase Electric Locomotive Market, 2018-2028

India 3 Phase Electric Locomotive Market, 2018-2028

Scope of Report
The locomotives use three-phase induction motors. Lacking brushes and commutators, they require less maintenance. The early Italian and Swiss systems used a low frequency (16⅔ Hz), and a relatively low voltage (3,000 or 3,600 volts) compared with later AC systems

Baseline Methodology
Our dedicated team of industry experts has monitored and analyzed various aspects of India 3 phase electric locomotive market. The team has analyzed the outlook of various segments of this market, while considering the major influencing factors such as 3 phase electric locomotive.

The study includes market forecasting, which would enable our clients to take better decisions while planning their strategy to achieve sustainability in India 3 phase electric locomotive market.

Methodology Followed for Calculation of Market Size:
Market Size by Value & Volume: Market size, in terms of value & volume, for the year 2022 was calculated based on information collected through exhaustive secondary research and primary surveys, with various key opinion leaders/stakeholders, such as 3 phase electric locomotive companies, channel partners, end users, industry experts, and other industry participants.

The team interviewed more than 40 – 50 3 phase electric locomotive companies, 180 – 200 end users, and 15 – 20 industry experts and other value chain stakeholders in India 3 phase electric locomotive market to obtain the overall market size from 2018-2022, which was validated by the Delphi technique. Taking standard deviation into consideration, the market size was averaged out, to arrive at the market size data during 2018-2022.

Research Methodology
Respondents were asked about the current and future market growth rates, market shares by train type, by traction system, by voltage, by energy transfer, by company and by each region. Removing the outlier responses, the geometric mean of growth estimates and supplier wise revenue shares generated across various segments were considered, to arrive at the final revenue shares. Revenue shares generated across various segments were further triangulated from other stakeholders.

Methodology Followed for Calculation of Market Shares:
Market shares by train type, by traction system, by voltage, by energy transfer, by company and by each region were calculated based on the responses received through primary surveys with industry experts, in which the respondents were asked about the market shares or revenue generated from various market segments. The final shares were calculated by taking the geometric mean of the responses
gathered from key opinion leaders after eliminating the outliers.

Methodology Followed for Forecasting:
TechSci Research performed periodical checks on data collected through the surveys with logic checks and analyzed the survey results in
SPSS/Tableau Software. Data triangulation techniques were applied to fill the gaps and to present a more meaningful picture of the market. To forecast India 3

phase electric locomotive market, TechSci Research used various forecast techniques such as:
Moving Average
Time Series Analysis
Regression Analysis
Econometric and Judgmental Analysis

Research Methodology
TechSci Research used its own forecast tool, which is based on the growth of various allied industries in respective regions. TechSci Research also used the impact analysis during short, medium and long term period to estimate the demand and to reach accurate market numbers. It should be noted that the figures compiled are only for the organized market including market share data.

Impact of COVID-19 on India 3 phase Electric
Locomotive Market

Partial List of Companies Interviewed 
Bharat Heavy Electricals Limited (BHEL)
Chittaranjan Locomotive Works
Diesel Locomotive Works
Diesel-Loco Modernisation Works
Golden Rock Railway Workshop
Electric Locomotive Factory

Key Secondary Sources
World Bank
TechSci Research Proprietary Database & Knowledge Repository
Company Annual Reports
Industry Magazines
Industry Reports
News Dailies
Credible Paid Databases

Table of Contents

1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India 3 phase Electric Locomotive Market
4. Executive Summary
5. Voice of Customer
6. India 3 phase Electric Locomotive Market Outlook, 2018-2028F
6.1. Market Size & Forecast
6.1.1. By Value & Volume
6.2. Market Share & Forecast
6.2.1. By Train Type (Passenger Train, Freight Train)
6.2.2. By Traction System (AC, DC, Composite System)
6.2.3. By Voltage (6.2.4. By Energy Transfer (Overhead Lines, Third Rail, On Board Energy Storage)
6.2.5. By Region
6.2.6. By Company (2022)
6.3. Market Map
7. India 3 phase Electric Passenger Train Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value & Volume
7.2. Market Share & Forecast
7.2.1. By Traction System
7.2.2. By Voltage
7.2.3. By Energy Transfer
8. India 3 phase Electric Freight Train Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value
8.2. Market Share & Forecast
8.2.1. By Traction System
8.2.2. By Voltage
8.2.3. By Energy Transfer
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Market Trends and Developments
11. Policy & Regulatory Landscape
12. India Economic Profile
13. Competitive Landscape
13.1. Company Profiles (Leading Companies)
13.1.1. Company Details
13.1.2. Products & Services
13.1.3. Financials (As Reported)
13.1.4. Key Market Focus & Geographical Presence
13.1.5. Recent Developments
13.1.6. Key Management Personnel
14. Strategic Recommendations
15. About Us & Disclaimer

Report Title: India 3 Phase Electric Locomotive Market, 2018-2028


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