Zion Market Research Global Locomotive Market Share, 2016–2024 | Seite 3

Locomotive Market
auxiliary power units, SiC module, and IGBT module contribute to the largest market
share in the global market. These technologies are helping to escalate the fuel
efficiency, reduced emission level, and lower the overall weight may lead to lessening
power loss when switching the current state. However, high maintenance & repair cost
and huge capital investment in rolling stocks are the major restraining factors of the
global locomotives market.
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Global Locomotive Market: Segmentation
The global locomotives market is divided on the basis of technology, motive power, end
use, and operational engine. Based on technology, the market is categorized into IGBT
power module, SiC power module, and GTO thyristor module. The motive power
segment is segmented into gas turbine electric, steam diesel hybrid, diesel, atomic
electric, steam, fuel cell electric, electric, gasoline, and hybrid. On the basis of end use,
the locomotives market is classified into switcher locomotives, freight, and passenger.
The operational engine segment is bifurcated into station pilot, train engine, light
engine, banking engine, and pilot engine.