World - Diesel-Electric Locomotives - Market Analysis, Forecast, Size, Trends And Insights
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The article projects a decrease in the diesel-electric locomotive market, with a negative CAGR over the period from 2022 to 2030. Italy dominates in both consumption and production, while the United States leads in exports. The global market experienced significant growth in 2022, but is expected to decline in the coming years.
Market Forecast
The diesel-electric locomotive market is expected to start a downward consumption trend over the next eight years. The performance of the market is forecast to decrease slightly, with an anticipated CAGR of -9.7% for the eight-year period from 2022 to 2030, which is projected to depress the market volume to 24K units by the end of 2030.
In value terms, the market is forecast to contract with an anticipated CAGR of -7.8% for the period from 2022 to 2030, which is projected to bring the market value to $66.4B (in nominal prices) by the end of 2030.
Consumption
World Consumption of Diesel-Electric Locomotives
In 2022, consumption of diesel-electric locomotives was finally on the rise to reach 54K units after two years of decline. In general, consumption recorded a significant expansion. As a result, consumption reached the peak volume and is likely to continue growth in the immediate term.
The global diesel-electric locomotive market value surged to $127.6B in 2022, increasing by 4,222% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption continues to indicate significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.
Consumption By Country
Italy (52K units) remains the largest diesel-electric locomotive consuming country worldwide, comprising approx. 97% of total volume.
In Italy, diesel-electric locomotive consumption increased at an average annual rate of +234.5% over the period from 2012-2022.
In value terms, Italy ($124.5B) led the market, alone.
From 2012 to 2022, the average annual rate of growth in terms of value in Italy amounted to +255.9%.
In Italy, diesel-electric locomotive per capita consumption increased at an average annual rate of +235.1% over the period from 2012-2022.
Production
World Production of Diesel-Electric Locomotives
In 2022, global diesel-electric locomotive production soared to 54K units, with an increase of 3,898% against the previous year's figure. In general, production posted a significant increase. As a result, production attained the peak volume and is likely to continue growth in the immediate term.
In value terms, diesel-electric locomotive production declined slightly to $294M in 2022 estimated in export price. Over the period under review, production, however, showed a pronounced shrinkage. The growth pace was the most rapid in 2021 with an increase of 30% against the previous year. Global production peaked at $398M in 2015; however, from 2016 to 2022, production remained at a lower figure.
Production By Country
Italy (52K units) constituted the country with the largest volume of diesel-electric locomotive production, accounting for 97% of total volume.
From 2012 to 2022, the average annual growth rate of volume in Italy was relatively modest.
Imports
World Imports of Diesel-Electric Locomotives
In 2022, the amount of diesel-electric locomotives imported worldwide soared to 587 units, with an increase of 23% against the year before. Overall, imports, however, showed a perceptible decline. Global imports peaked at 989 units in 2014; however, from 2015 to 2022, imports remained at a lower figure.
In value terms, diesel-electric locomotive imports soared to $1.5B in 2022. In general, imports, however, continue to indicate a mild slump. Over the period under review, global imports reached the maximum at $2B in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.
Imports By Country
Chile (36 units), Sri Lanka (28 units), Argentina (25 units), Australia (25 units), Canada (25 units), Thailand (24 units), India (16 units), the United States (16 units), Turkey (14 units), Mongolia (14 units), Turkmenistan (14 units) and Costa Rica (13 units) represented roughly 43% of total imports in 2022. China (13 units) took a relatively small share of total imports.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Argentina (with a CAGR of +38.0%), while imports for the other global leaders experienced more modest paces of growth.
In value terms, the largest diesel-electric locomotive importing markets worldwide were Thailand ($158M), the United States ($123M) and India ($77M), with a combined 23% share of global imports.
Among the main importing countries, Thailand, with a CAGR of +78.6%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced more modest paces of growth.
Import Prices By Country
The average diesel-electric locomotive import price stood at $2,595,785 per unit in 2022, jumping by 24% against the previous year. Over the last decade, it increased at an average annual rate of +2.6%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was the United States ($7,664,564 per unit), while China ($236,428 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+30.0%), while the other global leaders experienced more modest paces of growth.
Exports
World Exports of Diesel-Electric Locomotives
In 2022, global exports of diesel-electric locomotives shrank slightly to 491 units, falling by -3.3% against the previous year. Over the period under review, exports saw a deep contraction. The pace of growth appeared the most rapid in 2015 with an increase of 17% against the previous year. Over the period under review, the global exports reached the peak figure at 965 units in 2013; however, from 2014 to 2022, the exports remained at a lower figure.
In value terms, diesel-electric locomotive exports declined sharply to $947M in 2022. In general, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2020 with an increase of 48%. Over the period under review, the global exports reached the peak figure at $2B in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.
Exports By Country
In 2022, the United States (160 units), distantly followed by Russia (100 units) and China (40 units) represented the main exporters of diesel-electric locomotives, together comprising 61% of total exports. The following exporters - Kazakhstan (20 units), South Africa (17 units), Denmark (14 units), Germany (13 units), France (12 units), Spain (10 units), the Czech Republic (10 units) and Estonia (8 units) - together made up 21% of total exports.
From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of +55.2%), while the other global leaders experienced more modest paces of growth.
In value terms, the United States ($329M) remains the largest diesel-electric locomotive supplier worldwide, comprising 35% of global exports. The second position in the ranking was held by China ($164M), with a 17% share of global exports. It was followed by Germany, with a 16% share.
In the United States, diesel-electric locomotive exports shrank by an average annual rate of -8.0% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: China (+1.7% per year) and Germany (-6.5% per year).
Export Prices By Country
In 2022, the average diesel-electric locomotive export price amounted to $1,928,401 per unit, which is down by -16.9% against the previous year. Overall, the export price saw a mild contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 31%. The global export price peaked at $2,320,646 per unit in 2021, and then reduced notably in the following year.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Germany ($11,797,345 per unit), while Russia ($64,004 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+55.9%), while the other global leaders experienced more modest paces of growth.
This report provides an in-depth analysis of the global diesel-electric locomotive market. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 30201200 - Diesel-electric locomotives
Country coverage:
Worldwide - the report contains statistical data for 200 countries and includes detailed profiles of the 50 largest consuming countries:
- USA
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
+ the largest producing countries
Data coverage:
- Global market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Global production, split by region and country
- Global trade (exports and imports)
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- United States
- China
- Japan
- Germany
- United Kingdom
- France
- Brazil
- Italy
- Russian Federation
- India
- Canada
- Australia
- Republic of Korea
- Spain
- Mexico
- Indonesia
- Netherlands
- Turkey
- Saudi Arabia
- Switzerland
- Sweden
- Nigeria
- Poland
- Belgium
- Argentina
- Norway
- Austria
- Thailand
- United Arab Emirates
- Colombia
- Denmark
- South Africa
- Malaysia
- Israel
- Singapore
- Egypt
- Philippines
- Finland
- Chile
- Ireland
- Pakistan
- Greece
- Portugal
- Kazakhstan
- Algeria
- Czech Republic
- Qatar
- Peru
- Romania
- Vietnam
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
This report provides an in-depth analysis of the global diesel-electric locomotive market.
This report provides an in-depth analysis of the global market for diesel-electric and other locomotive.
In 2016, the amount of diesel locomotive imported worldwide stood at X tons, declining by -X% against the previous year level. In general, diesel locomotive imports continue to indicate a signi...
In 2016, the amount of diesel locomotive imported worldwide stood at X tons, declining by -X% against the previous year level. In general, diesel locomotive imports continue to indicate a signi...
Despite a year to year drop in exports of X% in 2014, the U.S. held the second spot in the trade of global diesel and diesel-electric locomotives. In 2014, the U.S. exported X units of diesel and diesel-electric locomotives totaling X million USD.