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Pulished Date August, 2021
ID: 10082
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Hybrid Train Market segmentation By Application (Freight, Passenger), By Propulsion (Battery Operated, CNG, Electro Diesel, LNG, Hydrogen, Solar Powered), By Operating Speed (Below 100 KM/H, 100-200 KM/H, Above 200 KM/H) - Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2021-2026

Pulished: August, 2021
ID: 10082
Pages: 175

Market Overview:

The global hybrid train market is foreseen to enroll a CAGR of about 5.60% during the foreseen time frame (2021 - 2026).

A hybrid train employs an on-board rechargeable energy storage system (RESS) that is located at the center of the source providing force and the electric arrangement of the train that is interconnected to the wheels, for example, traction transmission framework. The train is furnished with a motor which is controlled by battery-assisted diesel-electric machines. Governments over the globe are making speculations to improve and build up their railway infrastructure. This expanding venture will clear a path for opportunities for the market players who are working in the global hybrid train market. They are environmental cordial, emanation free, dependable and compelling trains that are considered fit for the feasible improvement of the globe.

All inclusive, there's a trend toward greener types of transport upheld by new government guidelines, the green transportation trend is infiltrating through the entire transportation mode, for example, air transportation, ships, trains, automobiles and trucks. These variables are likely to drive the global hybrid train market over the conjecture time frame.

Recent Developments:

  • Emission free, vitality effective and low-clamor the new battery-operated train from Bombardier Transportation, presented to the general population for the first time today, scores with these highlights. The BOMBARDIER TALENT 3 electro-hybrid train was the prominent aspect of the press occasion situated at Hennigsdorf site of the company.
  • Canadian rolling stock and Airplane producer bombardier inc. and, French rolling stock manufacture Alstom SA are investigating the merger of their rail specialty units.
  • DESPITE noteworthy disturbance to logistics brought about by the coronavirus episode in China, the third of four 750kW diesel-battery hybrid trains manufactured by CRRC Zhuzhou Locomotive for German Rail (DB) showed up in Germany.
  • CRRC, the Chinese state organization that is the world's biggest train manufacturer, is set to increase a key foothold in Europe by procuring its first train production line on the landmass through an arrangement with German producer Vossloh.
  • Alstom and Eversholt Rail have disclosed the plan of another hydrogen train for the UK market. The train, codenamed 'Breeze', will be a transformation of existing Class 321 trains, reengineering a portion of the UK's most dependable rolling stock, to make a perfect train for the advanced age. These trains could stumble into the UK as right on time as 2022, emanating just water and no harmful outflows by any means.

Drivers and Restraints of Hybrid Train Market:

Drivers:

Hybrid trains are helpful because of the decrease of NOx emanation, commotion level, and less fuel utilization. Because of these favorable circumstances, the worldwide hybrid train market is probably going to develop in the inevitable years. Developing interest for public travel so as to decrease traffic clog alongside energy proficient vehicle are main considerations impacting the worldwide hybrid train market emphatically. Besides, suburbanites interest for public transportation is increasingly dependable and environment cordial alternative. Likewise, hybrid train innovation is a profoundly practical substitute to public travels.

Restraints:

Nonetheless, high support and overhaul expenses can make an obstacle for the development of the market. Regardless of these limiting components, hybrid trains are more eco-accommodating dependent on which the interest for hybrid trains is probably going to intensify over the examination time frame.

Market Segmentation:

By Application:

  • Freight
  • Passenger

The passenger sector is evaluated to be the biggest market in 2019. Hybrid train offers a financially savvy and productive transportation of travelers just as cargo. A few urban communities are executing new rail foundation ventures with the point of diminishing street blockage and giving reasonable methods for transportation at an intercity as well as intra-city level. Expanding urbanization, developing interest for expanded availability, solace, unwavering quality, and security will support the interest for the passenger fragment in this market. Trains represents 8% of the world's mechanized passenger developments and 7% of freight transport yet utilizes only 2% of the world's vehicle vitality demand.

By Propulsion:

  • Battery Operated
  • CNG
  • Electro Diesel
  • LNG
  • Hydrogen
  • Solar Powered

Electro diesel is a train propulsion type utilized in hybrid trains. It comprises of a mix of diesel motor power and electric force. This sort of impetus is more productive than diesel propulsion. Likewise, diesel-electric impetus is 40% less polluting than the traditional ones. The makers have perceived the interest for progressively proficient propulsion in trains.

By Operating Speed:

  • Below 100 KM/H
  • 100-200 KM/H
  • Above 200 KM/H

Hybrid Train Market Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada 
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

The North American market is increasingly disposed towards freight transportation. The general railway industry in the nation is affected by advancement, the improvement of high-performance, and vitality effective trains. The market in Europe is anticipated to encounter consistent development attributable to the all-around developed foundation for passenger travel. In Europe, Germany, which is one of the worldwide car pioneers, is the biggest market. Further, the developing worries of carbon discharge because of customary railroads and the proficiency offered by conventional railways have supported the development of the market in the area. Asia Pacific has the prominent share in the worldwide hybrid train market. Factors, for example, rising interest for vitality effective trains that utilize alternative fuel and expanding interest for eco-accommodating trains to decrease contamination are boosting the development of the market. Further, China's quick creating economy is boosting the extension of the hybrid train system to improve the general vehicle frameworks in the locale and make it all the more ecofriendly.

IMPACT OF COVID-19 ON HYBRID TRAIN MARKET:

The global pandemic caused by the novel coronavirus comes at a time when the automotive industry was hoping for recovery. While the GDP growth forecasts were north of 5.5%, COVID-19 may result in a negative impact of 1-2% on the expected growth rates. The absolute magnitude of the impact depends on the duration of ongoing lockdown and the impact caused by this pandemic.

COVID-19 will impact all stakeholders in the value chain who will experience both short and medium-term impacts. This could range from a shortage of raw material, shifting of production to other countries, liquidity crunch to delays in availability of models, deferred launches, and shrinkage in consumer demand.

The impact of COVID on the economy & automotive industry could vary depending on the intensity, duration, and spread of the outbreak.

Key Players of Market:

The key players of the global hybrid train market include Bombardier, CRRC, Alstom, Kawasaki Heavy Industries, Ltd., Siemens, General Electric, Hyundai Rotem Company, Hitachi Ltd., Toshiba Corporation, and amongst others.

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Hybrid Train Market, By Application           

                    6.1.1 Freight

                    6.1.2 Passenger      

                    6.1.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.4 Y-o-Y Growth Rate Analysis         

                    6.1.5 Market Attractiveness Index         

          6.2 Hybrid Train Market, By Propulsion            

                    6.2.1 Battery Operated      

                    6.2.2 CNG    

                    6.2.3 Electro Diesel

                    6.2.4 LNG    

                    6.2.5 Hydrogen       

                    6.2.6 Solar Powered

                    6.2.7 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.8 Y-o-Y Growth Rate Analysis         

                    6.2.9 Market Attractiveness Index         

          6.3 Hybrid Train Market, By Operating Speed             

                    6.3.1 Below 100 KM/H      

                    6.3.2 100-200 KM/H        

                    6.3.3 Above 200 KM/H     

                    6.3.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.3.5 Y-o-Y Growth Rate Analysis         

                    6.3.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Application

                    7.2.3 By Propulsion 

                    7.2.4 By Operating Speed  

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Application

                    7.3.3 By Propulsion 

                    7.3.4 By Operating Speed  

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Application

                    7.4.3 By Propulsion 

                    7.4.4 By Operating Speed  

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Application

                    7.5.3 By Propulsion 

                    7.5.4 By Operating Speed  

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Application

                    7.6.3 By Propulsion 

                    7.6.4 By Operating Speed  

8. Key Player Analysis                           

          8.1 Bombardier                 

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Alstom             

          8.3 Kawasaki Heavy Industries Ltd                  

          8.4 Siemens           

          8.5 General Electric           

          8.6 Hyundai Rotem Company                

          8.7 Hitachi Ltd                 

          8.8 Toshiba Corporation             

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms By Cutting Systems and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Hybrid Train Market By Region, From 2021-2026 ( USD Billion )
  2. Global Hybrid Train Market By Application, From 2021-2026 ( USD Billion )
  3. Global Freight Market By Region, From 2021-2026 ( USD Billion )
  4. Global Passenger Market By Region, From 2021-2026 ( USD Billion )
  5. Global Hybrid Train Market By Propulsion, From 2021-2026 ( USD Billion )
  6. Global Battery Operated Market By Region, From 2021-2026 ( USD Billion )
  7. Global CNG Market By Region, From 2021-2026 ( USD Billion )
  8. Global Electro Diesel Market By Region, From 2021-2026 ( USD Billion )
  9. Global LNG Market By Region, From 2021-2026 ( USD Billion )
  10. Global Hydrogen Market By Region, From 2021-2026 ( USD Billion )
  11. Global Solar Powered Market By Region, From 2021-2026 ( USD Billion )
  12. Global Hybrid Train Market By Operating Speed, From 2021-2026 ( USD Billion )
  13. Global Below 100 KM/H Market By Region, From 2021-2026 ( USD Billion )
  14. Global 100-200 KM/H Market By Region, From 2021-2026 ( USD Billion )
  15. Global Above 200 KM/H Market By Region, From 2021-2026 ( USD Billion )

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