Hybrid Train Market
PUBLISHED: 2020 ID: SMRC19704
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Hybrid Train Market

Hybrid Train - Global Market Outlook (2019-2027)

4.7 (75 reviews)
4.7 (75 reviews)
Published: 2020 ID: SMRC19704

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Hybrid Train Market is accounted for $39,603.6 million in 2019 and is expected to reach $73,249.26 million by 2027 growing at a CAGR of 8.0% during the forecast period. Growing demand for energy-efficient transport system and rising demand for comfort and safety are the major factors driving the market growth. However, capital-intensive nature of trains is restraining the market growth.

A hybrid train is an engine that uses an on-board rechargeable energy storage system (RESS), that is set up in the middle of the source to provide power and the electric system of the train that is interconnected to the wheels. They are environmental friendly, emission free and effective. 

Based on propulsion, the electro diesel segment is likely to have a huge demand as these railway vehicles are used across all the regions of the globe as they may replace their diesel counterparts. These train sets have been successfully generating savings in operation and maintenance costs. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to increasing demand for ecofriendly trains to reduce pollution and the rising demand for energy efficient trains that use alternative fuel. Moreover, China’s rapidly growing economy is driving the expansion of the market to improve the transport systems in the country and make them more ecofriendly.

Some of the key players profiled in the Hybrid Train Market include CRRC, Alstom, Ballard, BNSF, Bombardier, Construcciones Y Auxiliar De Ferrocarriles (CAF), Cummins, General Electric, Hitachi, Hyundai Rotem, Kawasaki Heavy Industries, Siemens, Toshiba and Toyota.

Operating Speeds Covered:
• Below 100 Km/H
• 100–200 Km/H
• Above 200 Km/H

Propulsions Covered:
• Battery Operated
• Electro Diesel
• Hydrogen Powered
• Liquefied Natural Gas (LNG)
• Other Propulsion Types   

Applications Covered:
• Compressed Natural Gas (CNG)
• Passenger

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan       
o China       
o India       
o Australia 
o New Zealand
o South Korea
o Rest of Asia Pacific    
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary    
      
2 Preface     

 2.1 Abstract    
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology  
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions  
      
3 Market Trend Analysis   
 3.1 Introduction   
 3.2 Drivers    
 3.3 Restraints   
 3.4 Opportunities   
 3.5 Threats    
 3.6 Application Analysis  
 3.7 Emerging Markets   
 3.8 Impact of Covid-19   
      
4 Porters Five Force Analysis   
 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers  
 4.3 Threat of substitutes  
 4.4 Threat of new entrants  
 4.5 Competitive rivalry   
      
5 Global Hybrid Train Market, By Operating Speed 
 5.1 Introduction   
 5.2 Below 100 Km/H   
 5.3 100–200 Km/H   
 5.4 Above 200 Km/H   
      
6 Global Hybrid Train Market, By Propulsion 
 6.1 Introduction   
 6.2 Battery Operated   
 6.3 Electro Diesel   
 6.4 Hydrogen Powered   
 6.5 Liquefied Natural Gas (LNG)  
 6.6 Other Propulsion Types  
  6.6.1 Gas Powered  
  6.6.2 Solar Powered  
      
7 Global Hybrid Train Market, By Application 
 7.1 Introduction   
 7.2 Compressed Natural Gas (CNG) 
 7.3 Passenger   
      
8 Global Hybrid Train Market, By Geography 
 8.1 Introduction   
 8.2 North America   
  8.2.1 US   
  8.2.2 Canada   
  8.2.3 Mexico   
 8.3 Europe    
  8.3.1 Germany   
  8.3.2 UK   
  8.3.3 Italy   
  8.3.4 France   
  8.3.5 Spain   
  8.3.6 Rest of Europe  
 8.4 Asia Pacific   
  8.4.1 Japan   
  8.4.2 China   
  8.4.3 India   
  8.4.4 Australia   
  8.4.5 New Zealand  
  8.4.6 South Korea  
  8.4.7 Rest of Asia Pacific  
 8.5 South America   
  8.5.1 Argentina  
  8.5.2 Brazil   
  8.5.3 Chile   
  8.5.4 Rest of South America 
 8.6 Middle East & Africa  
  8.6.1 Saudi Arabia  
  8.6.2 UAE   
  8.6.3 Qatar   
  8.6.4 South Africa  
  8.6.5 Rest of Middle East & Africa 
      
9 Key Developments    
 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
 9.2 Acquisitions & Mergers  
 9.3 New Product Launch  
 9.4 Expansions   
 9.5 Other Key Strategies  
      
10 Company Profiling    
 10.1 CRRC    
 10.2 Alstom    
 10.3 Ballard     
 10.4 BNSF    
 10.5 Bombardier   
 10.6 Construcciones Y Auxiliar De Ferrocarriles (CAF)
 10.7 Cummins    
 10.8 General Electric   
 10.9 Hitachi    
 10.10 Hyundai Rotem   
 10.11 Kawasaki Heavy Industries  
 10.12 Siemens    
 10.13 Toshiba    
 10.14 Toyota    


List of Tables     
1 Global Hybrid Train Market Outlook, By Region (2018-2027) ($MN)
2 Global Hybrid Train Market Outlook, By Operating Speed (2018-2027) ($MN)
3 Global Hybrid Train Market Outlook, By Below 100 Km/H (2018-2027) ($MN)
4 Global Hybrid Train Market Outlook, By 100–200 Km/H (2018-2027) ($MN)
5 Global Hybrid Train Market Outlook, By Above 200 Km/H (2018-2027) ($MN)
6 Global Hybrid Train Market Outlook, By Propulsion (2018-2027) ($MN)
7 Global Hybrid Train Market Outlook, By Battery Operated (2018-2027) ($MN)
8 Global Hybrid Train Market Outlook, By Electro Diesel (2018-2027) ($MN)
9 Global Hybrid Train Market Outlook, By Hydrogen Powered (2018-2027) ($MN)
10 Global Hybrid Train Market Outlook, By Liquefied Natural Gas (LNG) (2018-2027) ($MN)
11 Global Hybrid Train Market Outlook, By Other Propulsion Types (2018-2027) ($MN)
12 Global Hybrid Train Market Outlook, By Gas Powered (2018-2027) ($MN)
13 Global Hybrid Train Market Outlook, By Solar Powered (2018-2027) ($MN)
14 Global Hybrid Train Market Outlook, By Application (2018-2027) ($MN)
15 Global Hybrid Train Market Outlook, By Compressed Natural Gas (CNG) (2018-2027) ($MN)
16 Global Hybrid Train Market Outlook, By Passenger (2018-2027) ($MN)
17 North America Hybrid Train Market Outlook, By Country (2018-2027) ($MN)
18 North America Hybrid Train Market Outlook, By Operating Speed (2018-2027) ($MN)
19 North America Hybrid Train Market Outlook, By Below 100 Km/H (2018-2027) ($MN)
20 North America Hybrid Train Market Outlook, By 100–200 Km/H (2018-2027) ($MN)
21 North America Hybrid Train Market Outlook, By Above 200 Km/H (2018-2027) ($MN)
22 North America Hybrid Train Market Outlook, By Propulsion (2018-2027) ($MN)
23 North America Hybrid Train Market Outlook, By Battery Operated (2018-2027) ($MN)
24 North America Hybrid Train Market Outlook, By Electro Diesel (2018-2027) ($MN)
25 North America Hybrid Train Market Outlook, By Hydrogen Powered (2018-2027) ($MN)
26 North America Hybrid Train Market Outlook, By Liquefied Natural Gas (LNG) (2018-2027) ($MN)
27 North America Hybrid Train Market Outlook, By Other Propulsion Types (2018-2027) ($MN)
28 North America Hybrid Train Market Outlook, By Gas Powered (2018-2027) ($MN)
29 North America Hybrid Train Market Outlook, By Solar Powered (2018-2027) ($MN)
30 North America Hybrid Train Market Outlook, By Application (2018-2027) ($MN)
31 North America Hybrid Train Market Outlook, By Compressed Natural Gas (CNG) (2018-2027) ($MN)
32 North America Hybrid Train Market Outlook, By Passenger (2018-2027) ($MN)
33 Europe Hybrid Train Market Outlook, By Country (2018-2027) ($MN)
34 Europe Hybrid Train Market Outlook, By Operating Speed (2018-2027) ($MN)
35 Europe Hybrid Train Market Outlook, By Below 100 Km/H (2018-2027) ($MN)
36 Europe Hybrid Train Market Outlook, By 100–200 Km/H (2018-2027) ($MN)
37 Europe Hybrid Train Market Outlook, By Above 200 Km/H (2018-2027) ($MN)
38 Europe Hybrid Train Market Outlook, By Propulsion (2018-2027) ($MN)
39 Europe Hybrid Train Market Outlook, By Battery Operated (2018-2027) ($MN)
40 Europe Hybrid Train Market Outlook, By Electro Diesel (2018-2027) ($MN)
41 Europe Hybrid Train Market Outlook, By Hydrogen Powered (2018-2027) ($MN)
42 Europe Hybrid Train Market Outlook, By Liquefied Natural Gas (LNG) (2018-2027) ($MN)
43 Europe Hybrid Train Market Outlook, By Other Propulsion Types (2018-2027) ($MN)
44 Europe Hybrid Train Market Outlook, By Gas Powered (2018-2027) ($MN)
45 Europe Hybrid Train Market Outlook, By Solar Powered (2018-2027) ($MN)
46 Europe Hybrid Train Market Outlook, By Application (2018-2027) ($MN)
47 Europe Hybrid Train Market Outlook, By Compressed Natural Gas (CNG) (2018-2027) ($MN)
48 Europe Hybrid Train Market Outlook, By Passenger (2018-2027) ($MN)
49 Asia Pacific Hybrid Train Market Outlook, By Country (2018-2027) ($MN)
50 Asia Pacific Hybrid Train Market Outlook, By Operating Speed (2018-2027) ($MN)
51 Asia Pacific Hybrid Train Market Outlook, By Below 100 Km/H (2018-2027) ($MN)
52 Asia Pacific Hybrid Train Market Outlook, By 100–200 Km/H (2018-2027) ($MN)
53 Asia Pacific Hybrid Train Market Outlook, By Above 200 Km/H (2018-2027) ($MN)
54 Asia Pacific Hybrid Train Market Outlook, By Propulsion (2018-2027) ($MN)
55 Asia Pacific Hybrid Train Market Outlook, By Battery Operated (2018-2027) ($MN)
56 Asia Pacific Hybrid Train Market Outlook, By Electro Diesel (2018-2027) ($MN)
57 Asia Pacific Hybrid Train Market Outlook, By Hydrogen Powered (2018-2027) ($MN)
58 Asia Pacific Hybrid Train Market Outlook, By Liquefied Natural Gas (LNG) (2018-2027) ($MN)
59 Asia Pacific Hybrid Train Market Outlook, By Other Propulsion Types (2018-2027) ($MN)
60 Asia Pacific Hybrid Train Market Outlook, By Gas Powered (2018-2027) ($MN)
61 Asia Pacific Hybrid Train Market Outlook, By Solar Powered (2018-2027) ($MN)
62 Asia Pacific Hybrid Train Market Outlook, By Application (2018-2027) ($MN)
63 Asia Pacific Hybrid Train Market Outlook, By Compressed Natural Gas (CNG) (2018-2027) ($MN)
64 Asia Pacific Hybrid Train Market Outlook, By Passenger (2018-2027) ($MN)
65 South America Hybrid Train Market Outlook, By Country (2018-2027) ($MN)
66 South America Hybrid Train Market Outlook, By Operating Speed (2018-2027) ($MN)
67 South America Hybrid Train Market Outlook, By Below 100 Km/H (2018-2027) ($MN)
68 South America Hybrid Train Market Outlook, By 100–200 Km/H (2018-2027) ($MN)
69 South America Hybrid Train Market Outlook, By Above 200 Km/H (2018-2027) ($MN)
70 South America Hybrid Train Market Outlook, By Propulsion (2018-2027) ($MN)
71 South America Hybrid Train Market Outlook, By Battery Operated (2018-2027) ($MN)
72 South America Hybrid Train Market Outlook, By Electro Diesel (2018-2027) ($MN)
73 South America Hybrid Train Market Outlook, By Hydrogen Powered (2018-2027) ($MN)
74 South America Hybrid Train Market Outlook, By Liquefied Natural Gas (LNG) (2018-2027) ($MN)
75 South America Hybrid Train Market Outlook, By Other Propulsion Types (2018-2027) ($MN)
76 South America Hybrid Train Market Outlook, By Gas Powered (2018-2027) ($MN)
77 South America Hybrid Train Market Outlook, By Solar Powered (2018-2027) ($MN)
78 South America Hybrid Train Market Outlook, By Application (2018-2027) ($MN)
79 South America Hybrid Train Market Outlook, By Compressed Natural Gas (CNG) (2018-2027) ($MN)
80 South America Hybrid Train Market Outlook, By Passenger (2018-2027) ($MN)
81 Middle East & Africa Hybrid Train Market Outlook, By Country (2018-2027) ($MN)
82 Middle East & Africa Hybrid Train Market Outlook, By Operating Speed (2018-2027) ($MN)
83 Middle East & Africa Hybrid Train Market Outlook, By Below 100 Km/H (2018-2027) ($MN)
84 Middle East & Africa Hybrid Train Market Outlook, By 100–200 Km/H (2018-2027) ($MN)
85 Middle East & Africa Hybrid Train Market Outlook, By Above 200 Km/H (2018-2027) ($MN)
86 Middle East & Africa Hybrid Train Market Outlook, By Propulsion (2018-2027) ($MN)
87 Middle East & Africa Hybrid Train Market Outlook, By Battery Operated (2018-2027) ($MN)
88 Middle East & Africa Hybrid Train Market Outlook, By Electro Diesel (2018-2027) ($MN)
89 Middle East & Africa Hybrid Train Market Outlook, By Hydrogen Powered (2018-2027) ($MN)
90 Middle East & Africa Hybrid Train Market Outlook, By Liquefied Natural Gas (LNG) (2018-2027) ($MN)
91 Middle East & Africa Hybrid Train Market Outlook, By Other Propulsion Types (2018-2027) ($MN)
92 Middle East & Africa Hybrid Train Market Outlook, By Gas Powered (2018-2027) ($MN)
93 Middle East & Africa Hybrid Train Market Outlook, By Solar Powered (2018-2027) ($MN)
94 Middle East & Africa Hybrid Train Market Outlook, By Application (2018-2027) ($MN)
95 Middle East & Africa Hybrid Train Market Outlook, By Compressed Natural Gas (CNG) (2018-2027) ($MN)
96 Middle East & Africa Hybrid Train Market Outlook, By Passenger (2018-2027) ($MN)

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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