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World - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
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Global Electric Locomotive Market Overview 2021

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Electric Locomotive Market Size

The global electric locomotive market expanded markedly to $X in 2020, picking up by X% against the previous year. In general, consumption, however, saw a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Global consumption peaked at $X in 2008; however, from 2009 to 2020, consumption failed to regain the momentum.

Electric Locomotive Production

In value terms, electric locomotive production soared to $X in 2020 estimated in export prices. In general, the total production indicated moderate growth from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Over the period under review, global production reached the maximum level at $X in 2013; however, from 2014 to 2020, production stood at a somewhat lower figure.

Production By Country

The countries with the highest volumes of electric locomotive production in 2020 were Germany (X units), Japan (X units) and France (X units), together accounting for X% of global production. These countries were followed by India, China, Sweden, Nigeria and South Korea, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of electric locomotive production, amongst the key producing countries, was attained by Sweden (+X% per year), while electric locomotive production for the other global leaders experienced more modest paces of growth.

Electric Locomotive Exports

Exports

In 2020, after four years of decline, there was significant growth in shipments abroad of electric locomotives, when their volume increased by X% to X units. In general, exports, however, continue to indicate a slight decline. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, exports attained the peak of X units. From 2016 to 2020, the growth of global exports remained at a somewhat lower figure.

In value terms, electric locomotive exports stood at $X in 2020. Overall, total exports indicated a slight increase from 2007 to 2020: its value decreased at an average annual rate of -X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, exports decreased by -X% against 2018 indices. The growth pace was the most rapid in 2008 with an increase of X% y-o-y. Over the period under review, global exports attained the maximum at $X in 2010; however, from 2011 to 2020, exports remained at a lower figure.

Exports by Country

France was the main exporting country with an export of around X units, which amounted to X% of total exports. Germany (X units) ranks second in terms of the total exports with a X% share, followed by South Korea (X%). China (X units), Romania (X units), Austria (X units) and the UK (X units) occupied a little share of total exports.

France was also the fastest-growing in terms of the electric locomotives exports, with a CAGR of +X% from 2007 to 2020. At the same time, South Korea (+X%), China (+X%) and Germany (+X%) displayed positive paces of growth. By contrast, Romania (-X%), Austria (-X%) and the UK (-X%) illustrated a downward trend over the same period. While the share of France (+X p.p.), Germany (+X p.p.), South Korea (+X p.p.) and China (+X p.p.) increased significantly in terms of the global exports from 2007-2020, the share of Austria (-X p.p.) and the UK (-X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Germany ($X) remains the largest electric locomotive supplier worldwide, comprising X% of global exports. The second position in the ranking was occupied by China ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value in Germany totaled +X%. The remaining exporting countries recorded the following average annual rates of exports growth: China (+X% per year) and South Korea (+X% per year).

Export Prices by Country

The average electric locomotive export price stood at $X per unit in 2020, declining by -X% against the previous year. Over the period under review, the export price, however, saw a moderate expansion. The growth pace was the most rapid in 2018 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of origin; the country with the highest price was China ($X per unit), while France ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by South Korea, while the other global leaders experienced more modest paces of growth.

Electric Locomotive Imports

Imports

In 2020, the amount of electric locomotives imported worldwide surged to X units, growing by X% on 2019. Over the period under review, imports, however, recorded a abrupt slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. Over the period under review, global imports reached the maximum at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, electric locomotive imports declined slightly to $X in 2020. In general, imports, however, saw a deep setback. The most prominent rate of growth was recorded in 2015 with an increase of X% year-to-year. Global imports peaked at $X in 2007; however, from 2008 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Nigeria (X units) and Singapore (X units) were the key importers of electric locomotivesacross the globe, together recording approx. X% of total imports. It was distantly followed by Saudi Arabia (X units), committing a X% share of total imports. Belgium (X units) followed a long way behind the leaders.

From 2007 to 2020, the biggest increases were in Singapore (+X% per year), while purchases for the other global leaders experienced mixed trends in the imports figures.

In value terms, the largest electric locomotive importing markets worldwide were Singapore ($X), Saudi Arabia ($X) and Nigeria ($X), together accounting for X% of global imports.

In terms of the main importing countries, Singapore recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other global leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2020, the average electric locomotive import price amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the import price, however, showed a strong expansion. The pace of growth appeared the most rapid in 2009 an increase of X% against the previous year. Global import price peaked at $X per unit in 2016; however, from 2017 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was Saudi Arabia ($X per unit), while Nigeria ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Saudi Arabia, while the other global leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric locomotives in the world?
+
The countries with the highest volumes of electric locomotive consumption in 2020 were Nigeria (98K units), Singapore (74K units) and Saudi Arabia (37K units), together accounting for 78% of global consumption.
What are the largest producers of electric locomotives in the world?
+
The countries with the highest volumes of electric locomotive production in 2020 were Germany (14K units), Japan (9.9K units) and France (6K units), with a combined 65% share of global production. India, China, Sweden, Nigeria and South Korea lagged somewhat behind, together comprising a further 30%.
What are the leading exporters of electric locomotives in the world?
+
In value terms, Germany ($510M) remains the largest electric locomotive supplier worldwide, comprising 63% of global exports. The second position in the ranking was occupied by China ($81M), with a 10% share of global exports. It was followed by South Korea, with a 9.2% share.
What are the leading importers of electric locomotives in the world?
+
In value terms, Singapore ($168M), Saudi Arabia ($90M) and Nigeria ($2.1M) constituted the countries with the highest levels of imports in 2020, together comprising 24% of global imports.
What is the average export price for electric locomotives in the world?
+
In 2020, the average electric locomotive export price amounted to $83,081 per unit, falling by -31.7% against the previous year.
What is the average import price for electric locomotives in the world?
+
The average electric locomotive import price stood at $4,724 per unit in 2020, falling by -26.5% against the previous year.

Product coverage:
• Prodcom 30201100 - Rail locomotives powered from an external source of electricity
• Prodcom 30201300 - Other rail locomotives, locomotive tenders

This report provides an in-depth analysis of the global 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 2025.



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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. GLOBAL PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. GLOBAL IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. GLOBAL EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

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
LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption, By Country, 2015–2020
Table 5:
Production, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Physical Terms, By Country, 2007–2020
Table 7:
Imports, In Value Terms, By Country, 2007–2020
Table 8:
Import Prices, By Country Of Destination, 2007–2020
Table 9:
Exports, In Physical Terms, By Country, 2007–2020
Table 10:
Exports, In Value Terms, By Country, 2007–2020
Table 11:
Export Prices, By Country Of Origin, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Consumption, By Country, 2020
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2020
Figure 17:
Production, In Value Terms, 2007–2020
Figure 18:
Production, By Country, 2020
Figure 19:
Production, In Physical Terms, By Country, 2007–2020
Figure 20:
Imports, In Physical Terms, 2007–2020
Figure 21:
Imports, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, By Country, 2020
Figure 23:
Imports, In Physical Terms, By Country, 2007–2020
Figure 24:
Imports, In Value Terms, By Country, 2007–2020
Figure 25:
Import Prices, By Country, 2007–2020
Figure 26:
Exports, In Physical Terms, 2007–2020
Figure 27:
Exports, In Value Terms, 2007–2020
Figure 28:
Exports, In Physical Terms, By Country, 2020
Figure 29:
Exports, In Physical Terms, By Country, 2007–2020
Figure 30:
Exports, In Value Terms, By Country, 2007–2020
Figure 31:
Export Prices, 2007–2020

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