DUBLIN–(BUSINESS WIRE)–The “Electric Locomotives Global Market Report 2021: COVID-19 Growth and Change to 2030” report has been added to ResearchAndMarkets.com’s offering.
This report focuses on the electric locomotives market which is experiencing strong growth. The report gives a guide to the electric locomotives market which will be shaping and changing our lives over the next ten years and beyond, including the market’s response to the challenge of the global pandemic.
The global electric locomotives market is expected to grow from $6.08 billion in 2020 to $6.47 billion in 2021 at a compound annual growth rate (CAGR) of 6.4%.
Major players in the electric locomotives market are CRRC Corporation Limited, Bombardier Inc., Alstom SA, Siemens AG, Kawasaki Heavy Industries Ltd., General Electric Company, Transmashholding AG, Stadler Rail AG, Hitachi Ltd. and AEG Power Solutions.
The growth is mainly due to the…