Market Overview:
The global locomotive engine suspension market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for high-speed trains and metros across the globe. The global locomotive engine suspension market is segmented on the basis of type, application, and region. On the basis of type, it is divided into helical coil springs, rubber metal springs, air springs, leaf springs. Helical coil Springs are expected to account for a major share in terms of revenue in 2018 owing to their ability to withstand heavy loads without any deformation or fatigue issues over long periods of time. By application, it is classified into electric locomotives and high-speed trains segments; electric locomotives are anticipated witness higher demand due to increase in electrification projects globally .On the basis regional analysis ,the North America region dominates with highest revenue share followed by Europe & Asia Pacific regions respectively during forecast period .
Product Definition:
Locomotive Engine Suspension is a system that supports the weight of a locomotive engine and its passengers or cargo. The suspension ensures that the locomotive travels smoothly over uneven track surfaces. It also helps to keep the engine stable and minimize noise and vibration.
Helical Coil Springs:
Helical coil springs are used in automobile suspension systems to provide resistance against the vertical movement of a vehicle. Helical spring is wound around a cylindrical steel or iron core, which provides it with the necessary stiffness. The ends of the helical coil are connected by hinges, which allow it to open and close as per requirement.
The major advantage provided by these springs is that they can store energy from small bumps in the road.
Rubber Metal Springs:
Rubber metal springs are used in locomotive engine suspension to provide resistance and damping. They are made of special materials such as steel, aluminum, carbon fiber or even wood. The design of the spring depends on the weight and strength required by application.
Application Insights:
High-speed trains accounted for the largest share of over 40.0% in 2017 and are expected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing demand for high speed rail services across various regions. Electric locomotives segment is also expected witness considerable growth during the forecast period as these locomotive engines have no moving parts, thus making them extremely reliable and durable.
Electric Locomotives are used on long-distance routes with high track speeds that require little maintenance due to absence of moving parts such as gears and shafts; they are also used on steep inclines or grades where mechanical systems would be too heavy or expensive resulting in adoption of electric drive systems over diesel traction motors.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The growth can be attributed to increasing government investments in railways infrastructure and rising demand for passenger services. For instance, China has increased its spending on railway development from USD X billion ( billion) in 2011 to USD X billion in 2016. In addition, China is planning extensive rail network expansion with a total length of about 28 thousand km by 2020 and aims at having 500 million passengers per year by 2025.
Europe was followed by Asia Pacific accounting for a revenue share of more than 25% each in 2017 owing to high demand for improved railway infrastructure resulting into higher ridership along with growing adoption of rail vehicles including electric multiple units (EMUs).
Growth Factors:
- Increasing demand for locomotive engine suspension from the transportation sector
- Growing popularity of lightweight and fuel-efficient locomotive engine suspensions
- Rising investments in railway infrastructure projects worldwide
- Proliferation of advanced technologies and materials for locomotive engine suspension systems
- Growing demand for passenger rail services
Scope Of The Report
Report Attributes
Report Details
Report Title
Locomotive Engine Suspension Market Research Report
By Type
Helical Coil Springs, Rubber Metal Springs, Air Springs, Leaf Springs
By Application
Electric Locomotives, High-Speed Trains, Metros
By Companies
AL-KO, Growag, Knorr-Bremse, ZF, Koni-Enidine Rail, Suomen Vaimennin Oy, AL-KO
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
225
Number of Tables & Figures
158
Customization Available
Yes, the report can be customized as per your need.
Global Locomotive Engine Suspension Market Report Segments:
The global Locomotive Engine Suspension market is segmented on the basis of:
Types
Helical Coil Springs, Rubber Metal Springs, Air Springs, Leaf Springs
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
Electric Locomotives, High-Speed Trains, Metros
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:
- AL-KO
- Growag
- Knorr-Bremse
- ZF
- Koni-Enidine Rail
- Suomen Vaimennin Oy
- AL-KO
Highlights of The Locomotive Engine Suspension 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:
- Helical Coil Springs
- Rubber Metal Springs
- Air Springs
- Leaf Springs
- By Application:
- Electric Locomotives
- High-Speed Trains
- Metros
- 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 Engine Suspension 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
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- Consumer Insights
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- 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?
Locomotive engine suspension is a system that helps to keep the locomotive from bouncing and shaking while in motion. The system typically includes springs, shock absorbers, and anti-roll bars.
Some of the major players in the locomotive engine suspension market are AL-KO, Growag, Knorr-Bremse, ZF, Koni-Enidine Rail, Suomen Vaimennin Oy, AL-KO.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Locomotive Engine Suspension 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 Engine Suspension Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Locomotive Engine Suspension 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 Engine Suspension 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 Engine Suspension Market Size & Forecast, 2018-2028
4.5.1 Locomotive Engine Suspension Market Size and Y-o-Y Growth
4.5.2 Locomotive Engine Suspension Market Absolute $ Opportunity
Chapter 5 Global Locomotive Engine Suspension 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 Engine Suspension Market Size Forecast by Type
5.2.1 Helical Coil Springs
5.2.2 Rubber Metal Springs
5.2.3 Air Springs
5.2.4 Leaf Springs
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Locomotive Engine Suspension 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 Engine Suspension Market Size Forecast by Applications
6.2.1 Electric Locomotives
6.2.2 High-Speed Trains
6.2.3 Metros
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Locomotive Engine Suspension 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 Engine Suspension 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 Engine Suspension Analysis and Forecast
9.1 Introduction
9.2 North America Locomotive Engine Suspension 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 Engine Suspension Market Size Forecast by Type
9.6.1 Helical Coil Springs
9.6.2 Rubber Metal Springs
9.6.3 Air Springs
9.6.4 Leaf Springs
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 Engine Suspension Market Size Forecast by Applications
9.10.1 Electric Locomotives
9.10.2 High-Speed Trains
9.10.3 Metros
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 Engine Suspension Analysis and Forecast
10.1 Introduction
10.2 Europe Locomotive Engine Suspension 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 Engine Suspension Market Size Forecast by Type
10.6.1 Helical Coil Springs
10.6.2 Rubber Metal Springs
10.6.3 Air Springs
10.6.4 Leaf Springs
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 Engine Suspension Market Size Forecast by Applications
10.10.1 Electric Locomotives
10.10.2 High-Speed Trains
10.10.3 Metros
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 Engine Suspension Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Locomotive Engine Suspension 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 Engine Suspension Market Size Forecast by Type
11.6.1 Helical Coil Springs
11.6.2 Rubber Metal Springs
11.6.3 Air Springs
11.6.4 Leaf Springs
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 Engine Suspension Market Size Forecast by Applications
11.10.1 Electric Locomotives
11.10.2 High-Speed Trains
11.10.3 Metros
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 Engine Suspension Analysis and Forecast
12.1 Introduction
12.2 Latin America Locomotive Engine Suspension 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 Engine Suspension Market Size Forecast by Type
12.6.1 Helical Coil Springs
12.6.2 Rubber Metal Springs
12.6.3 Air Springs
12.6.4 Leaf Springs
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 Engine Suspension Market Size Forecast by Applications
12.10.1 Electric Locomotives
12.10.2 High-Speed Trains
12.10.3 Metros
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 Engine Suspension Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Locomotive Engine Suspension 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 Engine Suspension Market Size Forecast by Type
13.6.1 Helical Coil Springs
13.6.2 Rubber Metal Springs
13.6.3 Air Springs
13.6.4 Leaf Springs
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 Engine Suspension Market Size Forecast by Applications
13.10.1 Electric Locomotives
13.10.2 High-Speed Trains
13.10.3 Metros
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 Engine Suspension Market: Competitive Dashboard
14.2 Global Locomotive Engine Suspension Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 AL-KO
14.3.2 Growag
14.3.3 Knorr-Bremse
14.3.4 ZF
14.3.5 Koni-Enidine Rail
14.3.6 Suomen Vaimennin Oy
14.3.7 AL-KO
