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Hybrid Train Market Share

  • Report ID: GMI6708
  • Published Date: Sep 2023
  • Report Format: PDF
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Hybrid Train Market Share

Major companies operating in the hybrid train market are

  • ABB
  • Alstom
  • CRRC
  • Cummins
  • Hitachi
  • Hyundai Rotem Company
  • Kawasaki
  • Mitsubishi
  • Progress Rail
  • Siemens
  • Škoda Transportation
  • Stadler Rail AG
  • Toshiba
  • Viva Rail
  • Wabtech Corporation (GE Transportation)
Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of hybrid train reached USD 16.4 billion in 2022 and is set to register over 5% CAGR from 2023 to 2032, due to the rising need to reduce greenhouse gas emissions and fuel consumption worldwide.

2. Why are hybrid trains gaining traction as a preferred source of transport in passenger applications?

Asia Pacific registered over 45% of the market share in 2022, owing to the increasing government initiatives supporting hybrid train projects in the region.

ABB, Alstom, CRRC, Cummins, Hitachi, Hyundai Rotem Company, Kawasaki, Mitsubishi, Progress Rail, Siemens, Škoda Transportation, Stadler Rail AG, Toshiba, Viva Rail, and Wabtech Corporation, are some of the major hybrid train companies worldwide.

Hybrid Train Market Scope

  • Hybrid Train Market Size
  • Hybrid Train Market Trends
  • Hybrid Train Market Analysis
  • Hybrid Train Market Share

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    Premium Report Details

    • Base Year: 2022
    • Companies covered: 15
    • Tables & Figures: 616
    • Countries covered: 21
    • Pages: 371
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