report published by Infinium Global Research on hybrid train market provides an in-depth analysis of segments and sub-segments in the global as well as
regional hybrid train market. The study also highlights the impact of drivers,
restraints, and macro indicators on the global and regional hybrid train market
over the short term as well as long term. The report is a comprehensive
presentation of trends, forecast and dollar values of the global hybrid train
market. According to the report, the global hybrid train market is projected to
grow at a CAGR of 5.40% over the forecast period of 2019-2025.
train uses onboard rechargeable energy storage system. The source for the
energy used for the train is diesel, hydrogen or liquefied petroleum gas and
transmission is electric, direct mechanical or hydrostatic. During
acceleration, the stored energy is directed to the transmission system,
boosting that available from the main power source.
taking initiative to reduce pollution and create an eco-friendly environment is
the driving factor for the growth of the global hybrid train market. Growing
awareness for the safety and comfort of the passenger and demand for
energy-efficient transportation across the globe boost the growth of the global
hybrid train market. Increasing demand for public transportation to reduce
traffic congestion is also the driving factor for the growth of the hybrid train
market. The growing demand for energy efficient transportation and passenger’s
safety fuels the growth of the hybrid train market. On the other hand, the hybrid
train requires a high capital investment that may restrain the growth of the
global hybrid train market. High cost for the maintenance and repairs may also
hamper the growth of the market. Furthermore, the implementation of big data
analytics in the rail industry creates an opportunity for the growth of the
global hybrid train market.
Asia Pacific region dominates by the largest market share in the hybrid train
market due to the increasing awareness for the environment to reduce the
pollution using eco-friendly trains fuels the growth of the market. In Asia
Pacific, China is accounted for the largest market share followed by Japan and
India. Also, the Asia Pacific region is expected to boost the growth of the
hybrid train market in the forecast period. Europe holds the second position
and expected a stagnant growth in the global hybrid train market due to a
growing demand for energy efficient transportation. In Europe, Germany holds a major share followed by U.K, France, and Spain.
The report on the global hybrid train market covers segments such as propulsion type, and
application type. On the basis of propulsion type, the sub-markets include
electro diesel, battery powered, CNG/LNG, and other types. On the basis of
application type, the sub-markets include passenger, and freight.
provides profiles of the companies in the market such as Alstom SA, CRRC
Corporation Limited, The General Electric Company, ABB Group, Toyota Motor Corporation,
Hitachi, Ltd., Toshiba Corporation, Kawasaki Heavy Industries, Ltd., Bombardier
Inc., Siemens AG, and Other Companies.
provides deep insights into the demand forecasts, market trends, and micro and
macro indicators. In addition, this report provides insights into the factors
that are driving and restraining the growth in this market. Moreover, The
IGR-Growth Matrix analysis given in the report brings an insight into the
investment areas that existing or new market players can consider. The report
provides insights into the market using analytical tools such as Porter's five
forces analysis and DRO analysis of the hybrid train market. Moreover, the study
highlights current market trends and provides forecast from 2019-2025. We also
have highlighted future trends in the market that will affect the demand during
the forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.