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Locomotive Maintenance Global Market Report 2024

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    Report

  • 175 Pages
  • July 2024
  • Region: Global
  • The Business Research Company
  • ID: 5980375
The locomotive maintenance market size has grown strongly in recent years. It will grow from $5.8 billion in 2023 to $5.91 billion in 2024 at a compound annual growth rate (CAGR) of 5.7%. During the historic period, growth can be attributed to several factors including aging locomotive fleets, compliance with stringent regulatory standards, increased rail freight and passenger traffic, expansion of global trade, and government investments in railway infrastructure.

The locomotive maintenance market size is expected to see strong growth in the next few years. It will grow to $7.41 billion in 2028 at a compound annual growth rate (CAGR) of 5.8%. In the forecast period, growth is expected to stem from increased adoption of digital technologies, a growing emphasis on sustainability, the shift towards electrification, the rise of Mobility as a Service (MaaS) platforms, and heightened focus on resilience planning. Key trends anticipated in the forecast period include the adoption of predictive maintenance, integration of IoT and AI, a shift towards condition-based maintenance strategies, adoption of digital twin technology, and a growing trend towards outsourcing locomotive maintenance services.

The increasing demand for rail transport is expected to propel the growth of the locomotive maintenance market going forward. Rail transport, which involves the movement of passengers and goods using specialized vehicles on railways, is gaining popularity because of its cost-effectiveness, energy efficiency, and environmental friendliness compared to other transportation modes. Locomotive maintenance plays a crucial role in ensuring the reliability, safety, and efficiency of locomotives, thereby reducing breakdowns and delays while maximizing the lifespan of essential assets. For instance, in November 2023, according to Eurostat, a Luxembourg-based government agency, rail passenger transport in the European Union surged by 50.9% in 2022 compared to 2021 and rose by 75.9% compared to 2020. Furthermore, in June 2023, according to the Statistics Netherlands (CBS), a Netherlands-based government agency, in 2022, Dutch railways transported 44.5 million metric tons of goods, marking a 4.3% increase compared to 2021. Therefore, the increasing demand for rail transport is driving the growth of the locomotive maintenance market.

Key players in the locomotive maintenance market are focusing on expanding their product offerings by integrating technologies such as AI train inspection. This technology utilizes AI algorithms to automate and enhance the process of inspecting trains and their components for safety, maintenance, and compliance purposes. For instance, in October 2023, Norfolk Southern Corporation, a US-based company that provides rail transport services, partnered with the Georgia Tech Research Institution, a US-based research institute, to launch AI train inspection technology. This technology uses digital train inspection portals equipped with high-speed cameras and AI algorithms to identify potential safety defects on passing railcars. The system processes large amounts of data at high speeds and transmits information to a network operations center for experts to review in real-time.

In July 2023, Genesee & Wyoming Canada Inc., a Canada-based company offering rail-car loading and switching services, acquired BMS Locomotive Service Group Inc. for an undisclosed amount. With this acquisition, Genesee & Wyoming Canada Inc. acquired BMS Locomotive Service Group Inc., enhancing its service offerings and expanding its presence in a region poised for significant industrial growth. BMS Locomotive Service Group Inc. is a Canada-based company offering field servicing for locomotives.

Major companies operating in the locomotive maintenance market are Siemens AG, CRRC Corporation Limited, ABB Ltd., Alstom SA, CSX Corporation, Network Rail Infrastructure Limited, Wabtec Corporation, Stadler Rail AG, The Greenbrier Companies, Hitachi Rail STS SpA, Progress Rail Services Corporation, Trinity Industries Inc., GATX Corporation, Talgo S.A., Rail First Asset Management Pty. Ltd., Cad Railway Industries Ltd., Inter-Rail Group Inc, PowerRail Locomotive Services, Locomotive Service Inc., Buckingham Branch Railroad Company, SAN Engineering And Locomotive Co. Ltd., Motive Power Resources Inc, McHugh Railroad Maintenance Equipment Inc., FMW Solutions LLC.

Asia-Pacific was the largest region in the Locomotive Maintenance market in 2023. The regions covered in the locomotive maintenance market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the locomotive maintenance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Locomotive maintenance involves the regular upkeep and repair of locomotives to guarantee their safe and efficient operation. This includes tasks such as inspections, lubrication, part replacements, and troubleshooting to address mechanical issues. The objective of locomotive maintenance is to ensure the safe, reliable, and efficient functioning of locomotives while minimizing downtime and maximizing their lifespan.

The primary types of locomotive maintenance include electrical overhauls, mechanical components, engine components, and others. Electrical overhauls involve the restoration and refurbishment of electrical components and systems in various locomotive types, such as diesel, electric, electro-diesel, used for applications such as freight and passenger transport.

The locomotive maintenance market research report is one of a series of new reports that provides locomotive maintenance market statistics, including locomotive maintenance industry global market size, regional shares, competitors with a locomotive maintenance market share, detailed locomotive maintenance market segments, market trends and opportunities, and any further data you may need to thrive in the locomotive maintenance industry. This locomotive maintenance market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The locomotive maintenance market includes revenues earned by entities by providing services such as routine maintenance, preventive maintenance, corrective maintenance, and predictive maintenance. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.


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Table of Contents

1. Executive Summary2. Locomotive Maintenance Market Characteristics3. Locomotive Maintenance Market Trends and Strategies
4. Locomotive Maintenance Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Locomotive Maintenance Market Size and Growth
5.1. Global Locomotive Maintenance Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Locomotive Maintenance Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Locomotive Maintenance Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)
6. Locomotive Maintenance Market Segmentation
6.1. Global Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Electrical Overhauls
  • Mechanical Components
  • Engine Components
  • Other Maintenance Types
6.2. Global Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Diesel
  • Electric
  • Electro-Diesel
  • Other Locomotive Types
6.3. Global Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Freight
  • Passenger
7. Locomotive Maintenance Market Regional and Country Analysis
7.1. Global Locomotive Maintenance Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Locomotive Maintenance Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Locomotive Maintenance Market
8.1. Asia-Pacific Locomotive Maintenance Market Overview
(Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies)
8.2. Asia-Pacific Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Locomotive Maintenance Market
9.1. China Locomotive Maintenance Market Overview
9.2. China Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Locomotive Maintenance Market
10.1. India Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Locomotive Maintenance Market
11.1. Japan Locomotive Maintenance Market Overview
11.2. Japan Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Locomotive Maintenance Market
12.1. Australia Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Locomotive Maintenance Market
13.1. Indonesia Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Locomotive Maintenance Market
14.1. South Korea Locomotive Maintenance Market Overview
14.2. South Korea Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Locomotive Maintenance Market
15.1. Western Europe Locomotive Maintenance Market Overview
15.2. Western Europe Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Locomotive Maintenance Market
16.1. UK Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Locomotive Maintenance Market
17.1. Germany Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Locomotive Maintenance Market
18.1. France Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Locomotive Maintenance Market
19.1. Italy Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Locomotive Maintenance Market
20.1. Spain Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Locomotive Maintenance Market
21.1. Eastern Europe Locomotive Maintenance Market Overview
21.2. Eastern Europe Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Locomotive Maintenance Market
22.1. Russia Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Locomotive Maintenance Market
23.1. North America Locomotive Maintenance Market Overview
23.2. North America Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Locomotive Maintenance Market
24.1. USA Locomotive Maintenance Market Overview
24.2. USA Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Locomotive Maintenance Market
25.1. Canada Locomotive Maintenance Market Overview
25.2. Canada Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Locomotive Maintenance Market
26.1. South America Locomotive Maintenance Market Overview
26.2. South America Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Locomotive Maintenance Market
27.1. Brazil Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Locomotive Maintenance Market
28.1. Middle East Locomotive Maintenance Market Overview
28.2. Middle East Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Locomotive Maintenance Market
29.1. Africa Locomotive Maintenance Market Overview
29.2. Africa Locomotive Maintenance Market, Segmentation by Maintenance Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Locomotive Maintenance Market, Segmentation by Locomotive Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Locomotive Maintenance Market, Segmentation by Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Locomotive Maintenance Market Competitive Landscape and Company Profiles
30.1. Locomotive Maintenance Market Competitive Landscape
30.2. Locomotive Maintenance Market Company Profiles
30.2.1. Siemens AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. CRRC Corporation Limited
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. ABB Ltd.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Alstom SA
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. CSX Corporation
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Locomotive Maintenance Market Other Major and Innovative Companies
31.1. Network Rail Infrastructure Limited
31.2. Wabtec Corporation
31.3. Stadler Rail AG
31.4. the Greenbrier Companies
31.5. Hitachi Rail STS SpA
31.6. Progress Rail Services Corporation
31.7. Trinity Industries Inc.
31.8. GATX Corporation
31.9. Talgo S.a.
31.10. Rail First Asset Management Pty. Ltd.
31.11. Cad Railway Industries Ltd.
31.12. Inter-Rail Group Inc
31.13. PowerRail Locomotive Services
31.14. Locomotive Service Inc.
31.15. Buckingham Branch Railroad Company
32. Global Locomotive Maintenance Market Competitive Benchmarking33. Global Locomotive Maintenance Market Competitive Dashboard34. Key Mergers and Acquisitions in the Locomotive Maintenance Market
35. Locomotive Maintenance Market Future Outlook and Potential Analysis
35.1 Locomotive Maintenance Market in 2028 - Countries Offering Most New Opportunities
35.2 Locomotive Maintenance Market in 2028 - Segments Offering Most New Opportunities
35.3 Locomotive Maintenance Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Locomotive Maintenance Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on locomotive maintenance market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase:

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
  • Assess the Russia - Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.

Description

Where is the largest and fastest growing market for locomotive maintenance ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The locomotive maintenance market global report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) by Maintenance Type: Electrical Overhauls; Mechanical Components; Engine Components; Other Maintenance Types
2) by Locomotive Type: Diesel; Electric; Electro-Diesel; Other Locomotive Types
3) by ) Application: Freight; Passenger

Key Companies Mentioned: Siemens AG; CRRC Corporation Limited; ABB Ltd.; Alstom SA; CSX Corporation

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Delivery Format: PDF, Word and Excel Data Dashboard.

Companies Mentioned

  • Siemens AG
  • CRRC Corporation Limited
  • ABB Ltd.
  • Alstom SA
  • CSX Corporation
  • Network Rail Infrastructure Limited
  • Wabtec Corporation
  • Stadler Rail AG
  • The Greenbrier Companies
  • Hitachi Rail STS SpA
  • Progress Rail Services Corporation
  • Trinity Industries Inc.
  • GATX Corporation
  • Talgo S.A.
  • Rail First Asset Management Pty. Ltd.
  • Cad Railway Industries Ltd.
  • Inter–Rail Group Inc
  • PowerRail Locomotive Services
  • Locomotive Service Inc.
  • Buckingham Branch Railroad Company
  • SAN Engineering And Locomotive Co. Ltd.
  • Motive Power Resources Inc
  • McHugh Railroad Maintenance Equipment Inc.
  • FMW Solutions LLC

Methodology

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