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

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

The global hybrid train market size is projected to reach 745 units by 2030, from an estimated 470 units in 2022, at a CAGR of 5.9%.
“The battery powered segment is expected to be the second-fastest propulsion segment in the forecast.”
The battery-powered train propulsion has a powertrain that consists of different motors and batteries. These batteries can be charged either by overhead wires or at the charging stations. The battery-powered trains are efficient as they have the advantage of lower installation and operating costs than conventional diesel trains. These trains are also noiseless in operation and do not have exhaust, which fulfills the need for emission-free railway operations. These trains are 80–90% efficient when it comes to recyclability. Generally, Lithium-Ion batteries are used in battery-powered trains around the world. For instance, In January 2021, BNSF and Wabtec Corporation is working on the future potential of battery-electric locomotives and they begin testing between Barstow and Stockton, California. There are few companies working on developing battery-powered trains in the region. For instance, in November 2021, Niederbarnimer Eisenbahn (NEB) has ordered 31 two-car, battery-operated Mireo Plus B trains from Siemens Mobility get delivered by December 2024. The company will also manage energy costs and energy consumption for the next 30 years. In February 2020, Alstom received its first supply contract of battery-electric regional trains that will be deployed on the Leipzig-Chemnitz line in Germany. The contract includes three-car trains having a maximum speed of 99 mph and can cover 75 miles. These developments showcase the high demand for battery-powered hybrid trains.

“Freight segment is expected to be the fastest-growing application segment during the forecast period.”
Freight transportation accounts for fastest market in hybrid train market owing to the increase in freight transportation by rail specially in Europe. For instance, in June 2022, CRRC (China) announced HXN6 hybrid locomotives, which can reduce fuel consumption by 30% to 50%, reduce exhaust emission by 40% to 80%, and reduce noise impact time of the diesel engine by more than 80%. the HXN6 hybrid locomotive also has a very strong traction performance. Under the shunting operation condition of a single-locomotive, it can haul more than 10,000 tons of cargo. Also, due to the benefit of cost-effective and efficient transportation of passengers accounts for largest market in 2022 owing to the Several cities are implementing new rail infrastructure projects with the aim of reducing road congestion and providing an affordable means of transportation at an intercity as well as intracity level. Increasing urbanization and the growing demand for increased connectivity, comfort, reliability, and safety will boost the demand for hybrid trains. As of 2022, most of the hybrid train projects or operations are related to the passenger segment, as freight transportation requires powerful trains and hybrid train technologies are still in their initial stage to be able to cater to the freight transport demand. For instance, September 2021, Alstom's Coradia iLint train, the first in the world to be powered by hydrogen is deployed in France for passenger transportation. Considering these developments hybrid train market will provide growth opportunity in near future.
“Increasing demand for rapid transportation and advancement in hybrid technologies will drive the above 200 km/h segment.”
The Electric propulsion is principally used for achieving more than 200 km/h speed. Thus, operational trains having more than 200 km/h speed is propelled by electric propulsion and are powered by dual propulsion. Currently, hybrid trains operating at speeds above 200 km/h account for a less share. The consistent advancement in train technologies is expected to push the growth of hybrid trains with a speed of more than 200 km/h in the coming years. The rapid technological developments in the railway industry are encouraging train manufacturers to invest more in R&D, which is driving the hybrid train market.
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 - 31%, Tier II - 48%, and OEMs - 21%
•By Designation: C Level Executives - 35%, Directors - 40%, and Others - 25%
•By Region: North America - 30%, Europe - 40%, Asia Oceania - 15%, Middle East & Africa – 10%, and RoW – 5%
The hybrid train market comprises major companies such as CRRC (China), Bombardier (Canada), Alstom (France), Siemens (Germany), and Wabtec Corporation (US).

Research Coverage:
The market study covers the hybrid train market size and future growth potential across different segments such as by propulsion type, application, operating speed, battery technology (qualitative), 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 market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall hybrid train market and its 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 information on key market drivers, restraints, challenges, and opportunities.
Table of Content

1INTRODUCTION18
1.1STUDY OBJECTIVES18
1.2MARKET DEFINITION18
1.2.1HYBRID TRAIN MARKET DEFINITION, BY BATTERY TECHNOLOGY19
1.2.2HYBRID TRAIN MARKET DEFINITION, BY APPLICATION20
1.2.3HYBRID TRAIN MARKET DEFINITION, BY PROPULSION20
1.2.4HYBRID TRAIN MARKET DEFINITION, BY OPERATING SPEED21
1.3INCLUSIONS AND EXCLUSIONS21
TABLE 1INCLUSIONS AND EXCLUSIONS: HYBRID TRAIN MARKET21
1.4MARKET SCOPE22
FIGURE 1HYBRID TRAIN MARKET: MARKET SEGMENTATION22
1.4.1YEARS CONSIDERED23
1.5CURRENCY CONSIDERED23
1.6STAKEHOLDERS23
1.7SUMMARY OF CHANGES24
2RESEARCH METHODOLOGY25
2.1RESEARCH DATA25
FIGURE 2HYBRID TRAIN MARKET: RESEARCH DESIGN25
FIGURE 3RESEARCH DESIGN MODEL26
2.1.1SECONDARY DATA26
2.1.1.1Key secondary sources26
2.1.1.2Key data from secondary sources27
2.1.2PRIMARY DATA27
FIGURE 4BREAKDOWN OF PRIMARY INTERVIEWS BY COMPANY, DESIGNATION,
AND REGION28
2.1.2.1Primary participants29
2.2MARKET SIZE ESTIMATION29
FIGURE 5MARKET SIZE ESTIMATION: BOTTOM-UP APPROACH29
2.2.1BOTTOM-UP APPROACH30
FIGURE 6MARKET SIZE ESTIMATION METHODOLOGY FOR HYBRID TRAIN MARKET: BOTTOM-UP APPROACH30
2.2.2TOP-DOWN APPROACH30
FIGURE 7MARKET SIZE ESTIMATION METHODOLOGY FOR HYBRID TRAIN MARKET:
TOP-DOWN APPROACH30
FIGURE 8HYBRID TRAIN MARKET: RESEARCH DESIGN AND METHODOLOGY31
2.3FACTOR ANALYSIS31
FIGURE 9FACTORS IMPACTING MARKET31
FIGURE 10FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES32
2.4DATA TRIANGULATION33
FIGURE 11DATA TRIANGULATION33
2.5ASSUMPTIONS34
2.6RESEARCH LIMITATIONS34
3EXECUTIVE SUMMARY35
FIGURE 12HYBRID TRAIN MARKET OVERVIEW36
FIGURE 13HYBRID TRAIN MARKET, BY REGION, 2022–203037
FIGURE 14HYBRID TRAIN MARKET, BY PROPULSION TYPE, 2022 VS. 203038
4PREMIUM INSIGHTS39
4.1ATTRACTIVE OPPORTUNITIES IN HYBRID TRAIN MARKET39
FIGURE 15INCREASING DEMAND FOR EFFICIENT AND LESS CARBON EMITTING TRAINS TO DRIVE MARKET39
4.2HYBRID TRAIN MARKET, BY PROPULSION39
FIGURE 16ELECTRO DIESEL SEGMENT TO BE LARGEST, 2022 VS. 2030 (UNITS)39
4.3HYBRID TRAIN MARKET, BY APPLICATION40
FIGURE 17PASSENGER SEGMENT TO BE DOMINANT, 2022 VS. 2030 (UNITS)40
4.4HYBRID TRAIN MARKET, BY OPERATING SPEED40
FIGURE 18100-200 KM/H PROJECTED TO BE LARGEST SEGMENT,
2022 VS. 2030 (UNITS)40
4.5HYBRID TRAIN MARKET, BY REGION41
FIGURE 19EUROPE TO HOLD LARGEST MARKET SHARE, 2022 VS. 2030 (UNITS)41
5MARKET OVERVIEW42
5.1INTRODUCTION42
5.2MARKET DYNAMICS43
FIGURE 20HYBRID TRAIN MARKET DYNAMICS43
5.2.1DRIVERS43
5.2.1.1Demand for energy-efficient and less polluting train operations43
5.2.1.2Benefits of hybrid trains over conventional diesel trains44
5.2.1.3Rising demand for energy-efficient transport44
FIGURE 21GLOBAL CO2 EMISSIONS FROM DIFFERENT TRANSPORT SEGMENTS,
2000–203044
5.2.2RESTRAINTS45
5.2.2.1High development cost and complexities in technologies and related infrastructure45
5.2.2.2Refurbishment of existing trains45
5.2.3OPPORTUNITIES45
5.2.3.1Development of hydrogen fuel cell locomotives45
5.2.3.2Development of battery operated trains46
5.2.3.3Development of solar power trains46
5.2.3.4Increasing railway operations in industrial and mining activities47

5.2.4CHALLENGES47
5.2.4.1Requirement of high R&D investments47
5.2.4.2High cost of charging infrastructure and replacement47
5.2.5IMPACT OF MARKET DYNAMICS48
TABLE 2HYBRID TRAIN MARKET: IMPACT OF MARKET DYNAMICS48
5.3PORTER’S FIVE FORCES MODEL ANALYSIS48
TABLE 3IMPACT OF PORTER’S FIVE FORCES ON HYBRID TRAIN MARKET49
FIGURE 22PORTER’S FIVE FORCES: HYBRID TRAIN MARKET49
5.4AVERAGE SELLING PRICE TREND50
FIGURE 23PRICING TREND ANALYSIS: NATURAL GAS PRICE IN US (2018–2022)50
5.5VALUE CHAIN ANALYSIS51
FIGURE 24HYBRID TRAIN MARKET: VALUE CHAIN ANALYSIS51
5.6ECOSYSTEM ANALYSIS52
FIGURE 25HYBRID TRAIN MARKET: ECOSYSTEM ANALYSIS52
TABLE 4ROLE OF COMPANIES IN HYBRID TRAIN ECOSYSTEM52
5.7TARIFF AND REGULATORY OVERVIEW53
5.7.1US53
5.7.2EUROPE53
TABLE 5STANDARDS: RAIL TRACTION ENGINES (STAGE III A)54
TABLE 6STANDARDS: RAIL TRACTION ENGINES (STAGE III B)54
5.8TRADE ANALYSIS54
5.8.1CHINA54
5.8.2GERMANY55
5.9TECHNOLOGY ANALYSIS55
5.9.1INTRODUCTION55
5.9.2REGENERATIVE BRAKING IN TRAINS55
5.9.3AUTONOMOUS TRAINS56
TABLE 7LEVEL OF AUTONOMY FOR AUTONOMOUS TRAINS56
5.9.4USE OF FUEL CELLS FOR HEAVY LOAD TRANSPORTATION56
FIGURE 26TIMELINE OF FUEL CELL MASS MARKET ACCEPTABILITY IN TRANSPORTATION SECTOR, 2016–205057
5.10CASE STUDY ANALYSIS57
5.10.1HYDROFLEX IN UK57
5.10.2FIRST SOLAR POWERED TRAIN57
5.11PATENT ANALYSIS58
TABLE 8IMPORTANT PATENT REGISTRATIONS RELATED TO HYBRID TRAIN MARKET58
5.12HYBRID TRAIN MARKET SCENARIO ANALYSIS59
5.12.1MOST LIKELY SCENARIO59
TABLE 9MOST LIKELY SCENARIO, BY REGION, 2022–2030 (UNITS)59
5.12.2OPTIMISTIC SCENARIO60
TABLE 10OPTIMISTIC SCENARIO, BY REGION, 2022–2030 (UNITS)60
5.12.3PESSIMISTIC SCENARIOS60
TABLE 11PESSIMISTIC SCENARIO, BY REGION, 2022–2030 (UNITS)60
5.13DETAILS OF HYBRID TRAIN RAILWAY PROJECTS WORLDWIDE61
TABLE 12EUROPE: RAILWAY PROJECTS61
TABLE 13NORTH AMERICA: RAILWAY PROJECTS66
TABLE 14ASIA OCEANIA: RAILWAY PROJECTS67
TABLE 15REST OF THE WORLD: RAILWAY PROJECTS70
6HYBRID TRAIN MARKET, BY BATTERY TECHNOLOGY71
6.1INTRODUCTION71
6.2GEL TUBULAR LEAD ACID BATTERIES71
6.3VALVE REGULATED LEAD ACID BATTERIES71
6.4CONVENTIONAL LEAD ACID BATTERIES72
6.5SINTERED PNE NICKEL-CADMIUM BATTERIES72
6.6FIBER PNE NICKEL CADMIUM BATTERIES72
6.7POCKET PLATE NICKEL CADMIUM BATTERIES73
6.8LITHIUM ION BATTERIES73
7HYBRID TRAIN MARKET, BY APPLICATION74
7.1INTRODUCTION75
FIGURE 27BATTERY ELECTRIC LOCOMOTIVE75
FIGURE 28FREIGHT SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD (2022–2030)76
TABLE 16HYBRID TRAIN MARKET SIZE, BY APPLICATION, 2018–2021 (UNITS)76
TABLE 17HYBRID TRAIN MARKET SIZE, BY APPLICATION, 2022–2030 (UNITS)76
7.1.1OPERATIONAL DATA77
TABLE 18OEMS OF HYBRID TRAINS DEPLOYMENT, BY APPLICATION77
7.1.2ASSUMPTIONS77
7.1.3RESEARCH METHODOLOGY77
7.2PASSENGER78
7.2.1RISING DEMAND FOR ENERGY-EFFICIENT MOBILITY78
TABLE 19PASSENGER: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)78
TABLE 20PASSENGER: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)78
7.3FREIGHT79
7.3.1FUEL COST BENEFITS TO DRIVE SEGMENT79
TABLE 21FREIGHT: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)79
TABLE 22FREIGHT: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)79
7.4KEY PRIMARY INSIGHTS80
8HYBRID TRAIN MARKET, BY OPERATING SPEED81
8.1INTRODUCTION82
FIGURE 29100-200 KM/H SEGMENT TO HAVE LARGEST MARKET DURING FORECAST PERIOD (2022–2030)83
TABLE 23HYBRID TRAIN MARKET, BY OPERATING SPEED, 2018–2021 (UNITS)83
TABLE 24HYBRID TRAIN MARKET, BY OPERATING SPEED, 2022–2030 (UNITS)83
8.1.1OPERATIONAL DATA84
TABLE 25OPERATING SPEED FOR HYBRID TRAINS, BY OEMS84
8.1.2ASSUMPTIONS84
8.1.3RESEARCH METHODOLOGY84
8.2BELOW 100 KM/H85
8.2.1INNOVATIVE PROPULSION TECHNOLOGIES85
TABLE 26BELOW 100 KM/H: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)85
TABLE 27BELOW 100 KM/H: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)85
8.3100–200 KM/H86
8.3.1OPERATIONAL SPEED OF MOST MAJOR TRAINS86
TABLE 28100–200 KM/H: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)86
TABLE 29100–200 KM/H: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)86
8.4ABOVE 200 KM/H87
8.4.1RAPID TRANSPORTATION AND TECHNOLOGICAL ADVANCEMENT87
TABLE 30ABOVE 200 KM/H: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)87
TABLE 31ABOVE 200 KM/H: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)87
8.5KEY PRIMARY INSIGHTS88
9HYBRID TRAIN MARKET, BY PROPULSION89
9.1INTRODUCTION90
FIGURE 30ELECTRO DIESEL TO BE DOMINANT DURING FORECAST PERIOD
(2022–2030)90
TABLE 32HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)91
TABLE 33HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)91
9.1.1OPERATIONAL DATA92
TABLE 34HYBRID TRAINS WITH PROPULSION TYPE92
9.1.2ASSUMPTIONS92
9.1.3RESEARCH METHODOLOGY92
9.2BATTERY POWERED93
9.2.1CONTINUOUS ADVANCEMENTS IN BATTERY TECHNOLOGIES93
TABLE 35BATTERY POWERED: HYBRID TRAIN MARKET, BY REGION,
2018–2021 (UNITS)93
TABLE 36BATTERY POWERED: HYBRID TRAIN MARKET, BY REGION,
2022–2030 (UNITS)93
9.3ELECTRO DIESEL94
9.3.1MORE EFFICIENT THAN DIESEL LOCOMOTIVES94
TABLE 37ELECTRO DIESEL: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)94
TABLE 38ELECTRO DIESEL: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)94
9.4LNG95
9.4.1ADVANTAGEOUS OVER CNG PROPULSION95
TABLE 39LNG: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)95
TABLE 40LNG: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)95
9.5HYDROGEN96
9.5.1FULFILS DEMAND FOR CLEAN TRANSPORTATION96
TABLE 41HYDROGEN: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)96
TABLE 42HYDROGEN: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)96
9.6SOLAR POWERED97
9.6.1ENABLES ECO FRIENDLY AND CLEAN TRANSPORTATION97
TABLE 43SOLAR POWERED: HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)97
TABLE 44SOLAR POWERED: HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)97
9.7CNG98
9.7.1LIMITED USE DUE TO HIGH INSTALLATION COST98
9.8KEY PRIMARY INSIGHTS98
10HYBRID TRAIN MARKET, BY REGION99
10.1INTRODUCTION100
FIGURE 31HYBRID TRAIN MARKET, BY REGION, 2022 VS. 2030100
TABLE 45HYBRID TRAIN MARKET, BY REGION, 2018–2021 (UNITS)101
TABLE 46HYBRID TRAIN MARKET, BY REGION, 2022–2030 (UNITS)101
10.2ASIA OCEANIA102
FIGURE 32ASIA OCEANIA: HYBRID TRAIN MARKET SNAPSHOT102
TABLE 47ASIA OCEANIA: HYBRID TRAIN MARKET, BY COUNTRY, 2018–2021 (UNITS)103
TABLE 48ASIA OCEANIA: HYBRID TRAIN MARKET, BY COUNTRY, 2022–2030 (UNITS)103
10.2.1CHINA104
10.2.1.1Focus on developing hybrid fuel systems104
TABLE 49CHINA: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)104
TABLE 50CHINA: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)104
10.2.2JAPAN105
10.2.2.1Presence of leading hybrid train players105
TABLE 51JAPAN: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)105
TABLE 52JAPAN: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)105
10.2.3INDIA106
10.2.3.1Electrification of rail routes106
TABLE 53INDIA: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)106
TABLE 54INDIA: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)106
10.2.4SOUTH KOREA107
10.2.4.1Infrastructure investments in hybrid trains107
TABLE 55SOUTH KOREA: HYBRID TRAIN MARKET, BY PROPULSION,
2018–2021 (UNITS)107
TABLE 56SOUTH KOREA: HYBRID TRAIN MARKET, BY PROPULSION,
2022–2030 (UNITS)107
10.2.5NEW ZEALAND108
10.2.5.1Multiple upcoming railway projects108
TABLE 57NEW ZEALAND: HYBRID TRAIN MARKET, BY PROPULSION,
2018–2021 (UNITS)108
TABLE 58NEW ZEALAND: HYBRID TRAIN MARKET, BY PROPULSION,
2022–2030 (UNITS)108
10.2.6AUSTRALIA109
10.2.6.1Government initiatives to boost market109
TABLE 59AUSTRALIA: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)109
TABLE 60AUSTRALIA: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)109
10.3EUROPE110
FIGURE 33EUROPE: HYBRID TRAIN MARKET, BY COUNTRY, 2022 VS. 2030 (UNITS)110
TABLE 61EUROPE: HYBRID TRAIN MARKET, BY COUNTRY, 2018–2021 (UNITS)111
TABLE 62EUROPE: HYBRID TRAIN MARKET, BY COUNTRY, 2022–2030 (UNITS)111
10.3.1FRANCE112
10.3.1.1Increasing demand for less polluting trains112
TABLE 63FRANCE: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)112
TABLE 64FRANCE: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)112
10.3.2GERMANY113
10.3.2.1Demand for energy-efficient transport113
TABLE 65GERMANY: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)113
TABLE 66GERMANY: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)113
10.3.3ITALY114
10.3.3.1Rapid transition toward hybrid trains114
TABLE 67ITALY: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)114
TABLE 68ITALY: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)114
10.3.4SPAIN115
10.3.4.1Government initiatives and investments for sustainable transport115
TABLE 69SPAIN: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)115
TABLE 70SPAIN: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)115
10.3.5AUSTRIA116
10.3.5.1Replacement of existing diesel trains with electro diesel trains116
TABLE 71AUSTRIA: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)116
TABLE 72AUSTRIA: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)116
10.3.6UK117
10.3.6.1Government focus on phasing out diesel trains117
TABLE 73UK: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)117
TABLE 74UK: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)117
10.4NORTH AMERICA118
FIGURE 34NORTH AMERICA: HYBRID TRAIN MARKET SNAPSHOT119
TABLE 75NORTH AMERICA: HYBRID TRAIN MARKET, BY COUNTRY, 2018–2021 (UNITS)120
TABLE 76NORTH AMERICA: HYBRID TRAIN MARKET, BY COUNTRY, 2022–2030 (UNITS)120
10.4.1US121
10.4.1.1Growing demand for hybrid freight trains121
TABLE 77US: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)121
TABLE 78US: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)121
10.4.2CANADA122
10.4.2.1Government subsidies for greener transport122
TABLE 79CANADA: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)122
TABLE 80CANADA: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)122
10.4.3MEXICO123
10.4.3.1Increasing demand for reduction in carbon emissions123
TABLE 81MEXICO: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)123
TABLE 82MEXICO: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)123
10.5MIDDLE EAST & AFRICA124
TABLE 83MIDDLE EAST & AFRICA: HYBRID TRAIN MARKET, BY COUNTRY,
2018–2021 (UNITS)124
TABLE 84MIDDLE EAST & AFRICA: HYBRID TRAIN MARKET, BY COUNTRY,
2022–2030 (UNITS)124
10.5.1SOUTH AFRICA125
10.5.1.1Government spending on greener trains125
TABLE 85SOUTH AFRICA: HYBRID TRAIN MARKET, BY PROPULSION,
2018–2021 (UNITS)125
TABLE 86SOUTH AFRICA: HYBRID TRAIN MARKET, BY PROPULSION,
2022–2030 (UNITS)125
10.5.2UNITED ARAB EMIRATES126
10.5.2.1Advancements in railway technologies to further demand126
TABLE 87UAE: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)126
TABLE 88UAE: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)126
10.5.3EGYPT127
10.5.3.1Government plans to develop hybrid train lines for tourism127
TABLE 89EGYPT: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)127
TABLE 90EGYPT: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)127
10.6REST OF THE WORLD128
TABLE 91ROW: HYBRID TRAIN MARKET, BY COUNTRY, 2018–2021 (UNITS)128
TABLE 92ROW: HYBRID TRAIN MARKET, BY COUNTRY, 2022–2030 (UNITS)128
10.6.1BRAZIL129
10.6.1.1Electrification of existing networks129
TABLE 93BRAZIL: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)129
TABLE 94BRAZIL: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)129
10.6.2RUSSIA130
10.6.2.1Significant demand for electro diesel trains130
TABLE 95RUSSIA: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)130
TABLE 96RUSSIA: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)130
10.6.3ARGENTINA131
10.6.3.1Introduced diesel electric trains131
TABLE 97ARGENTINA: HYBRID TRAIN MARKET, BY PROPULSION, 2018–2021 (UNITS)131
TABLE 98ARGENTINA: HYBRID TRAIN MARKET, BY PROPULSION, 2022–2030 (UNITS)131

11COMPETITIVE LANDSCAPE132
11.1OVERVIEW132
11.2MARKET SHARE ANALYSIS FOR HYBRID TRAIN MARKET132
TABLE 99MARKET SHARE ANALYSIS, 2021132
FIGURE 35MARKET SHARE ANALYSIS, 2021133
11.2.1CRRC133
11.2.2ALSTOM133
11.2.3SIEMENS134
11.2.4WABTEC CORPORATION134
11.2.5HYUNDAI ROTEM COMPANY134
11.3REVENUE ANALYSIS OF TOP FIVE PLAYERS134
FIGURE 36TOP PUBLIC/LISTED PLAYERS IN HYBRID TRAIN MARKET IN LAST FIVE YEARS134
11.4COMPETITIVE SCENARIO135
TABLE 100NEW PRODUCT DEVELOPMENTS135
TABLE 101DEALS137
TABLE 102OTHERS143
11.5COMPETITIVE EVALUATION QUADRANT144
11.5.1STARS144
11.5.2PERVASIVE PLAYERS144
11.5.3EMERGING LEADERS145
11.5.4PARTICIPANTS145
FIGURE 37HYBRID TRAIN MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021145
11.6STRENGTH OF PRODUCT PORTFOLIO146
FIGURE 38PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN HYBRID TRAIN MARKET146
11.7BUSINESS STRATEGY EXCELLENCE147
FIGURE 39BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN HYBRID TRAIN MARKET147
11.8STARTUP/SME EVALUATION MATRIX148
12COMPANY PROFILES149
(Business overview, Products offered, Recent developments & MnM View)*
12.1KEY PLAYER149
12.1.1CRRC149
TABLE 103CRRC: BUSINESS OVERVIEW149
FIGURE 40CRRC: COMPANY SNAPSHOT150
TABLE 104CRRC: PRODUCTS OFFERED150
TABLE 105CRRC: NEW PRODUCT DEVELOPMENTS151
TABLE 106CRRC: DEALS152
12.1.2ALSTOM154
TABLE 107ALSTOM: BUSINESS OVERVIEW154
FIGURE 41ALSTOM: COMPANY SNAPSHOT155
FIGURE 42ALSTOM: NEW BUSINESS OPPORTUNITY SPACES156
TABLE 108ALSTOM: PRODUCTS OFFERED156
TABLE 109ALSTOM: NEW PRODUCT DEVELOPMENTS157
TABLE 110ALSTOM: DEALS157
TABLE 111ALSTOM: OTHERS161
12.1.3SIEMENS163
TABLE 112SIEMENS: BUSINESS OVERVIEW163
FIGURE 43SIEMENS: COMPANY SNAPSHOT164
TABLE 113SIEMENS: PRODUCTS OFFERED164
TABLE 114SIEMENS: NEW PRODUCT DEVELOPMENTS165
TABLE 115SIEMENS: DEALS165
12.1.4WABTEC CORPORATION (GE TRANSPORTATION)167
TABLE 116WABTEC CORPORATION: BUSINESS OVERVIEW167
FIGURE 44WABTEC CORPORATION: COMPANY SNAPSHOT168
TABLE 117WABTEC CORPORATION: PRODUCTS OFFERED168
TABLE 118WABTEC CORPORATION: DEALS169
TABLE 119WABTEC CORPORATION: OTHERS170
12.1.5HYUNDAI ROTEM COMPANY171
TABLE 120HYUNDAI ROTEM COMPANY: BUSINESS OVERVIEW171
FIGURE 45HYUNDAI ROTEM COMPANY: COMPANY SNAPSHOT171
TABLE 121HYUNDAI ROTEM COMPANY: PRODUCTS OFFERED172
TABLE 122HYUNDAI ROTEM COMPANY: DEALS173
12.1.6HITACHI175
TABLE 123HITACHI: BUSINESS OVERVIEW175
FIGURE 46HITACHI: COMPANY SNAPSHOT175
TABLE 124HITACHI: PRODUCTS OFFERED176
TABLE 125HITACHI: NEW PRODUCT DEVELOPMENTS177
TABLE 126HITACHI: DEALS177
12.1.7CONSTRUCCIONES Y AUXILIAR DE FERROCARRILES (CAF)179
TABLE 127CAF: BUSINESS OVERVIEW179
FIGURE 47CAF: COMPANY SNAPSHOT179
TABLE 128CAF: PRODUCTS OFFERED180
TABLE 129CAF: DEALS180
12.1.8TOSHIBA182
TABLE 130TOSHIBA: BUSINESS OVERVIEW182
FIGURE 48TOSHIBA: COMPANY SNAPSHOT183
TABLE 131TOSHIBA: PRODUCTS OFFERED183
TABLE 132TOSHIBA: NEW PRODUCT DEVELOPMENTS184
TABLE 133TOSHIBA: DEALS184
12.1.9CUMMINS186
TABLE 134CUMMINS: BUSINESS OVERVIEW186
FIGURE 49CUMMINS: COMPANY SNAPSHOT187
TABLE 135CUMMINS: PRODUCTS OFFERED187
TABLE 136CUMMINS: DEALS188
12.1.10STADLER RAIL AG189
TABLE 137STADLER RAIL AG: BUSINESS OVERVIEW189
FIGURE 50STADLER RAIL AG: COMPANY SNAPSHOT189
TABLE 138STADLER RAIL AG: PRODUCTS OFFERED190
TABLE 139STADLER RAIL AG: DEALS190
TABLE 140STADLER RAIL AG: OTHERS192
12.1.11ABB193
TABLE 141ABB: BUSINESS OVERVIEW193
FIGURE 51ABB: COMPANY SNAPSHOT193
TABLE 142ABB: PRODUCTS OFFERED194
TABLE 143ABB: DEALS194
TABLE 144ABB: OTHERS194
12.1.12MITSUBISHI ELECTRIC CORPORATION195
TABLE 145MITSUBISHI ELECTRIC CORPORATION: BUSINESS OVERVIEW195
FIGURE 52MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT195
TABLE 146MITSUBISHI ELECTRIC CORPORATION: PRODUCTS OFFERED196
TABLE 147MITSUBISHI ELECTRIC CORPORATION: DEALS196
12.1.13VIVARAIL197
TABLE 148VIVARAIL: BUSINESS OVERVIEW197
TABLE 149VIVARAIL: PRODUCTS OFFERED197
TABLE 150VIVARAIL: DEALS197
*Details on Business overview, Products offered, Recent developments & MnM View might not be captured in case of unlisted companies.
12.2OTHER KEY PLAYERS198
12.2.1BNSF198
TABLE 151BNSF: BUSINESS OVERVIEW198
12.2.2BALLARD198
TABLE 152BALLARD: BUSINESS OVERVIEW198
12.2.3CHART INDUSTRIES199
TABLE 153CHART INDUSTRIES: BUSINESS OVERVIEW199
12.2.4RENFE OPERADORA199
TABLE 154RENFE OPERADORA: BUSINESS OVERVIEW199
12.2.5SKODA TRANSPORTATION200
TABLE 155SKODA TRANSPORTATION: BUSINESS OVERVIEW200
12.2.6DB CARGO200
TABLE 156DB CARGO: BUSINESS OVERVIEW200
12.2.7SNCF201
TABLE 157SNCF: BUSINESS OVERVIEW201

12.2.8ROLLS-ROYCE201
TABLE 158ROLLS-ROYCE: BUSINESS OVERVIEW201
12.2.9THE KINKI SHARYO CO., LTD.202
TABLE 159THE KINKI SHARYO CO., LTD.: BUSINESS OVERVIEW202
12.2.10KAWASAKI HEAVY INDUSTRIES202
TABLE 160KAWASAKI HEAVY INDUSTRIES: BUSINESS OVERVIEW202
12.2.11ETIHAD RAIL203
TABLE 161ETIHAD RAIL: BUSINESS OVERVIEW203
12.2.12SINARA TRANSPORT MACHINES203
TABLE 162SINARA TRANSPORT MACHINES: BUSINESS OVERVIEW203
13RECOMMENDATIONS BY MARKETSANDMARKETS204
13.1NORTH AMERICA PRESENTS HUGE POTENTIAL TO BECOME FASTEST-GROWING MARKET204
13.2HYDROGEN FUEL CELL POWERED TRAIN TO BE KEY FOCUS FOR TRAIN MANUFACTURERS204
13.3CONCLUSION205
14APPENDIX206
14.1KEY INSIGHTS FROM INDUSTRY EXPERTS206
14.2DISCUSSION GUIDE206
14.3KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL208
14.4CUSTOMIZATION OPTIONS210
14.5RELATED REPORTS210
14.6AUTHOR DETAILS211

Report Title: Hybrid Train Market by Propulsion Type (Electro Diesel, Battery Operated, Hydrogen, CNG, LNG, and Solar), Application (Passenger and Freight), Operating Speed (>100 km/h, 100-200 km/h, <200 km/h), Battery Technology and Region - Global Forecast to 2030


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