2021 Impact Of Covid-19 On The Electric Locomotives Market Growth And Trends

Electric Locomotives Global Market Report 2021 COVID 19 Growth And Change To 2030

Electric Locomotives Market Characteristics: The global electric locomotives market is expected grow from $6.08 billion in 2020 to $6.47 billion in 2021 at a compound annual growth rate (CAGR) of 6.4%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $8.96 billion in 2025 at a CAGR of 8%.

The report covers the electric locomotives market’s segments-

By Energy Transfer Overhead Lines, Third Rail, Onboard Energy Storage

By Technology IGBT Module, GTO Thyristor, SiC Module

By Traction Units

By Application

Xx xxxx

AC Traction Units, DC Traction Units, Multi System Units

Passenger Transport, Freight Transport

Xxxxx, Xxxxxxxx, Xxxx

Xx xxxx Xxxxx, Xxxxxxxx, Xxxx

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Electric Locomotives Global Market Report 2021 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies.

The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

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Major Key Players Major companies in the market include CRRC Corporation Limited

Bombardier Inc

Alstom SA

Siemens AG

Kawasaki Heavy Industries Ltd.

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Reasons to Purchase ▪ Gain a truly global perspective with the most comprehensive market research report available on this market covering 60+ geographies.

▪ Understand how the market is being affected by the COVID19 and how it is likely to emerge and grow as the impact of the coronavirus abates.

▪ Create regional and country strategies on the basis of local data and analysis.

▪ Identify growth segments for investment.

▪ Outperform competitors using market forecast data and the market drivers and trends shaping the global market.

▪ Understand customers based on the latest market research findings.

▪ Benchmark performance against key competitors of the market.

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