Latest Report Update: Jul 10, 2020

World - Electric Locomotives - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

Licenses

You will receive a PDF copy of the report by email within 24 hours (Mon - Fri).

By clicking «Buy the Report», you agree to our Terms of Service and Privacy Policy. We'll occasionally send you account related emails.

Global Electric Locomotive Market Overview 2020

Electric Locomotive Market Size

The global electric locomotive market declined modestly to $X in 2019, which is down by -X% against the previous year. Overall, consumption, however, showed a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. As a result, consumption attained the peak level of $X. From 2016 to 2019, the growth of the global market failed to regain the momentum.

Electric Locomotive Production

In value terms, electric locomotive production rose significantly to $X in 2019 estimated in export prices. Over the period under review, production, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the production volume increased by X% against the previous year. Global production peaked at $X in 2008; however, from 2009 to 2019, production failed to regain the momentum.

Production By Country

Bahamas (X units) constituted the country with the largest volume of electric locomotive production, comprising approx. X% of total volume. Moreover, electric locomotive production in Bahamas exceeded the figures recorded by the second-largest producer, Germany (X units), more than tenfold.

In Bahamas, electric locomotive production expanded at an average annual rate of +X% over the period from 2007-2019. The remaining producing countries recorded the following average annual rates of production growth: Germany (+X% per year) and Austria (+X% per year).

Electric Locomotive Exports

Exports

In 2019, shipments abroad of electric locomotives increased by X% to X units for the first time since 2015, thus ending a three-year declining trend. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, exports reached the peak of X units. From 2016 to 2019, the growth of global exports failed to regain the momentum.

In value terms, electric locomotive exports reduced modestly to $X in 2019. Over the period under review, total exports indicated a perceptible expansion from 2007 to 2019: its value increased at an average annual rate of +X% over the last twelve-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, exports decreased by -X% against 2017 indices. The pace of growth appeared the most rapid in 2008 with an increase of X% against the previous year. Over the period under review, global exports hit record highs at $X in 2010; however, from 2011 to 2019, exports stood at a somewhat lower figure.

Exports by Country

France was the key exporter of electric locomotives in the world, with the volume of exports amounting to X units, which was near X% of total exports in 2019. Sweden (X units) held a X% share (based on tonnes) of total exports, which put it in second place, followed by Russia (X%) and China (X%). Spain (X units) followed a long way behind the leaders.

From 2007 to 2019, the biggest increases were in Sweden (+X% per year), while shipments for the other global leaders experienced more modest paces of growth.

In value terms, the largest electric locomotive supplying countries worldwide were Spain ($X), China ($X) and France ($X), together comprising X% of global exports.

Spain (+X% per year) saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other global leaders experienced more modest paces of growth.

Export Prices by Country

In 2019, the average electric locomotive export price amounted to $X per unit, shrinking by -X% against the previous year. In general, the export price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2016 an increase of X% year-to-year. Over the period under review, average export prices reached the maximum at $X per unit in 2018, and then reduced rapidly in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2019, the country with the highest price was Spain ($X per unit), while France ($X per unit) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Spain (+X% per year), while the other global leaders experienced a decline in the export price figures.

Electric Locomotive Imports

Imports

In 2019, purchases abroad of electric locomotives increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports showed a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, global imports hit record highs at X units in 2015; however, from 2016 to 2019, imports remained at a lower figure.

In value terms, electric locomotive imports surged to $X in 2019. Over the period under review, imports continue to indicate a abrupt descent. Over the period under review, global imports attained the peak figure at $X in 2007; however, from 2008 to 2019, imports stood at a somewhat lower figure.

Imports by Country

South Africa dominates electric locomotive imports structure, finishing at X units, which was near X% of total imports in 2019. India (X units) followed a long way behind the leaders.

South Africa was also the fastest-growing in terms of the electric locomotives imports, with a CAGR of +X% from 2007 to 2019. At the same time, India (+X%) displayed positive paces of growth. While the share of South Africa (+X p.p.) and India (+X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, India ($X) constitutes the largest market for imported electric locomotives worldwide, comprising X% of global imports. The second position in the ranking was occupied by South Africa ($X), with a X% share of global imports.

From 2007 to 2019, the average annual rate of growth in terms of value in India totaled -X%.

Import Prices by Country

In 2019, the average electric locomotive import price amounted to $X per unit, waning by -X% against the previous year. Over the period under review, the import price continues to indicate a precipitous setback. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. Over the period under review, average import prices reached the maximum at $X per unit in 2009; however, from 2010 to 2019, import prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was India ($X per unit), while South Africa stood at $X per unit.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by India.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric locomotives in the world?
+
The country with the largest volume of electric locomotive consumption was Bahamas (791K units), comprising approx. 86% of total volume. Moreover, electric locomotive consumption in Bahamas exceeded the figures recorded by the second-largest consumer, South Africa (68K units), more than tenfold. Germany (32K units) ranked third in terms of total consumption with a 3.4% share.
What are the largest producers of electric locomotives in the world?
+
Bahamas (791K units) remains the largest electric locomotive producing country worldwide, accounting for 91% of total volume. Moreover, electric locomotive production in Bahamas exceeded the figures recorded by the second-largest producer, Germany (32K units), more than tenfold.
What are the leading exporters of electric locomotives in the world?
+
In value terms, Spain ($82M), China ($73M) and France ($27M) appeared to be the countries with the highest levels of exports in 2019, together comprising 22% of global exports.
What are the leading importers of electric locomotives in the world?
+
In value terms, India ($791K) constitutes the largest market for imported electric locomotives worldwide, comprising 0.1% of global imports. The second position in the ranking was occupied by South Africa ($86K), with a 0% share of global imports.
What is the average export price for electric locomotives in the world?
+
In 2019, the average electric locomotive export price amounted to $44,240 per unit, waning by -66.8% against the previous year.
What is the average import price for electric locomotives in the world?
+
In 2019, the average electric locomotive import price amounted to $14,570 per unit, reducing by -26.2% 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:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in World, split by region and country
• Trade (exports and imports) in World
• 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 2007–2019
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 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
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, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

Webinar: Global Pineapple Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global pineapple market.



Wednesday, August 19th, 2020 @ 10:00 am ET


Register

Webinar: Global Strawberry Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global strawberry market.



Thursday, August 20th, 2020 @ 10:00 am ET


Register

Webinar: Global Chicken Meat Market - Statistics, Trends, and Outlook



Join our live webinar to get insights into the global chicken meat market.



Saturday, August 22nd, 2020 @ 10:00 am ET


Register
Ready to Get Started?
We can help you conduct market research and write a report using the most reliable data