Market Overview:
The global locomotive diesel engine market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for freight and passenger locomotives across the globe. In terms of type, the below 500 kW segment is expected to dominate the global locomotive diesel engine market during the forecast period, owing to its low cost and easy installation. However, in terms of growth rate, the 1000-3000 kW segment is projected to grow at a higher CAGR than other segments during 2018-2030.
Product Definition:
A diesel locomotive is a railway locomotive that uses a diesel engine to drive its wheels. A diesel locomotive is less polluting and emits less noise than a steam locomotive.
Below 500 Kw:
Below 500 kw, it's usage.
The global locomotive diesel engine market size was valued at USD 58.86 billion in 2016. It is expected to expand at a CAGR of XX% over the forecast period owing to increasing demand for passenger and freight transportation services globally.
500-1000 Kw:
500-1000 kw is the range of power output for diesel engines. It can be used in locomotive as well as marine applications. 500-1000 kw diesel engine is a type of internal combustion engine which can be used to generate mechanical energy through the propulsion of trains or ships, which are known as prime movers. The 500-1000 kw power rating represents that the engine produces between 50 and 1000 kW (67 HP).
Application Insights:
Passenger locomotive was the largest application segment in 2016, accounting for over 91.0% share of the overall revenue. Increasing passenger traffic on account of growing disposable income and population is expected to drive demand for passenger locomotives over the forecast period.
The freight locomotive segment is expected to grow at a significant rate owing to increasing industrialization and urbanization in developing countries such as India, China, Bangladesh, Vietnam and Indonesia which are likely to propel product demand from 2018 to 2030. The growth of manufacturing industries along with rising trade between these countries will increase purchasing power which will result in higher spending on transportation equipment including diesel engines from 2018 to 2030 driving market growth further. Increasing use of rail transport for transporting commodities including coal, iron ore and agricultural products coupled with growing investments by governments across various regions will boost industry expansion over the forecast period thereby supporting market growth during this study period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing investments in rail infrastructure and adoption of diesel engines for traction purposes. China, India, Japan, South Korea are some of the prominent markets that are anticipated to drive regional growth over the next eight years. Asia Pacific accounted for a share of more than 50% in 2016 and is projected to grow at a CAGR exceeding 3% from 2017 to 2030 owing to increasing demand from other regions such as Europe and North America.
The market in Europe was valued at USD X billion in 2016.
Growth Factors:
- Increasing demand for locomotive diesel engines from the transportation sector due to growth in global trade and increasing urbanization.
- Proliferation of high-speed rail networks across the world is expected to drive the demand for locomotive diesel engines over the forecast period.
- Stringent emission norms by regulatory authorities are expected to propel the demand for more fuel-efficient locomotive diesel engines over the forecast period.
- Development of advanced technologies such as selective catalytic reduction (SCR) and exhaust gas recirculation (EGR) is projected to boost market growth during the forecast period .
Scope Of The Report
Report Attributes
Report Details
Report Title
Locomotive Diesel Engine Market Research Report
By Type
Below 500 Kw, 500-1000 Kw, 1000-3000 Kw, Above 3000 Kw
By Application
Freight locomotive, Passenger locomotive
By Companies
Cummins, Caterpillar, Rolls-Royce Holdings, Kohler, Weichai, Wärtsilä, Mitsubishi Heavy Industries, Yuchai, Hyundai Heavy Industries, Doosan, Volvo Penta, Yanmar Holdings, Leroy-Somer (Nidec Corporation), MAN Engines, John Deere, Dalian CRRC Diesel Engine
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
143
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Locomotive Diesel Engine Market Report Segments:
The global Locomotive Diesel Engine market is segmented on the basis of:
Types
Below 500 Kw, 500-1000 Kw, 1000-3000 Kw, Above 3000 Kw
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Freight locomotive, Passenger locomotive
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Cummins
- Caterpillar
- Rolls-Royce Holdings
- Kohler
- Weichai
- Wärtsilä
- Mitsubishi Heavy Industries
- Yuchai
- Hyundai Heavy Industries
- Doosan
- Volvo Penta
- Yanmar Holdings
- Leroy-Somer (Nidec Corporation)
- MAN Engines
- John Deere
- Dalian CRRC Diesel Engine
Highlights of The Locomotive Diesel Engine Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Below 500 Kw
- 500-1000 Kw
- 1000-3000 Kw
- Above 3000 Kw
- By Application:
- Freight locomotive
- Passenger locomotive
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Locomotive Diesel Engine Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A locomotive diesel engine is a type of internal combustion engine used to power railway locomotives.
Some of the major companies in the locomotive diesel engine market are Cummins, Caterpillar, Rolls-Royce Holdings, Kohler, Weichai, W¤rtsil¤, Mitsubishi Heavy Industries, Yuchai, Hyundai Heavy Industries, Doosan, Volvo Penta, Yanmar Holdings, Leroy-Somer (Nidec Corporation), MAN Engines, John Deere, Dalian CRRC Diesel Engine.
The locomotive diesel engine market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Locomotive Diesel Engine Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Locomotive Diesel Engine Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Locomotive Diesel Engine Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Locomotive Diesel Engine Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Locomotive Diesel Engine Market Size & Forecast, 2018-2028
4.5.1 Locomotive Diesel Engine Market Size and Y-o-Y Growth
4.5.2 Locomotive Diesel Engine Market Absolute $ Opportunity
Chapter 5 Global Locomotive Diesel Engine Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Locomotive Diesel Engine Market Size Forecast by Type
5.2.1 Below 500 Kw
5.2.2 500-1000 Kw
5.2.3 1000-3000 Kw
5.2.4 Above 3000 Kw
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Locomotive Diesel Engine Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Locomotive Diesel Engine Market Size Forecast by Applications
6.2.1 Freight locomotive
6.2.2 Passenger locomotive
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Locomotive Diesel Engine Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Locomotive Diesel Engine Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Locomotive Diesel Engine Analysis and Forecast
9.1 Introduction
9.2 North America Locomotive Diesel Engine Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Locomotive Diesel Engine Market Size Forecast by Type
9.6.1 Below 500 Kw
9.6.2 500-1000 Kw
9.6.3 1000-3000 Kw
9.6.4 Above 3000 Kw
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Locomotive Diesel Engine Market Size Forecast by Applications
9.10.1 Freight locomotive
9.10.2 Passenger locomotive
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Locomotive Diesel Engine Analysis and Forecast
10.1 Introduction
10.2 Europe Locomotive Diesel Engine Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Locomotive Diesel Engine Market Size Forecast by Type
10.6.1 Below 500 Kw
10.6.2 500-1000 Kw
10.6.3 1000-3000 Kw
10.6.4 Above 3000 Kw
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Locomotive Diesel Engine Market Size Forecast by Applications
10.10.1 Freight locomotive
10.10.2 Passenger locomotive
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Locomotive Diesel Engine Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Locomotive Diesel Engine Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Locomotive Diesel Engine Market Size Forecast by Type
11.6.1 Below 500 Kw
11.6.2 500-1000 Kw
11.6.3 1000-3000 Kw
11.6.4 Above 3000 Kw
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Locomotive Diesel Engine Market Size Forecast by Applications
11.10.1 Freight locomotive
11.10.2 Passenger locomotive
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Locomotive Diesel Engine Analysis and Forecast
12.1 Introduction
12.2 Latin America Locomotive Diesel Engine Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Locomotive Diesel Engine Market Size Forecast by Type
12.6.1 Below 500 Kw
12.6.2 500-1000 Kw
12.6.3 1000-3000 Kw
12.6.4 Above 3000 Kw
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Locomotive Diesel Engine Market Size Forecast by Applications
12.10.1 Freight locomotive
12.10.2 Passenger locomotive
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Locomotive Diesel Engine Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Locomotive Diesel Engine Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Locomotive Diesel Engine Market Size Forecast by Type
13.6.1 Below 500 Kw
13.6.2 500-1000 Kw
13.6.3 1000-3000 Kw
13.6.4 Above 3000 Kw
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Locomotive Diesel Engine Market Size Forecast by Applications
13.10.1 Freight locomotive
13.10.2 Passenger locomotive
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Locomotive Diesel Engine Market: Competitive Dashboard
14.2 Global Locomotive Diesel Engine Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cummins
14.3.2 Caterpillar
14.3.3 Rolls-Royce Holdings
14.3.4 Kohler
14.3.5 Weichai
14.3.6 Wärtsilä
14.3.7 Mitsubishi Heavy Industries
14.3.8 Yuchai
14.3.9 Hyundai Heavy Industries
14.3.10 Doosan
14.3.11 Volvo Penta
14.3.12 Yanmar Holdings
14.3.13 Leroy-Somer (Nidec Corporation)
14.3.14 MAN Engines
14.3.15 John Deere
14.3.16 Dalian CRRC Diesel Engine
