Report overview
A railway electrification system supplies electric power to railway trains and trams without an on-board prime mover or local fuel supply. Electric railways use either electric locomotives (hauling passengers or freight in separate cars), electric multiple units (passenger cars with their own motors) or both. Electricity is typically generated in large and relatively efficient generating stations, transmitted to the railway network and distributed to the trains.
This report aims to provide a comprehensive presentation of the global market for Railway Electrification Systems, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Electrification Systems. This report contains market size and forecasts of Railway Electrification Systems in global, including the following market information:
Global Railway Electrification Systems Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Railway Electrification Systems market was valued at US$ 17490 million in 2022 and is projected to reach US$ 19200 million by 2029, at a CAGR of 1.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
China is the largest Railway Electrification Systems market with a market share of nearly 27%.Germany is the second largest market.
The contact lines system has the highest market share, accounting for nearly 70% of the market share.
CREC,CRCC,Siemens,Alstom and Hitachi are the main players in this market.
We surveyed the Railway Electrification Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Railway Electrification Systems Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Railway Electrification Systems Market Segment Percentages, by Type, 2022 (%)
Contact Lines System
Traction Power Supply System
Others
Global Railway Electrification Systems Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Railway Electrification Systems Market Segment Percentages, by Application, 2022 (%)
High-speed Rail
Common-speed Rail
Global Railway Electrification Systems Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Railway Electrification Systems Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Railway Electrification Systems revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Railway Electrification Systems revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
CREC
CRCC
Siemens
Alstom
Hitachi
Balfour Beatty
MEC
Toshiba
ABB
Wabtec
Schneider
Outline of Major Chapters:
Chapter 1: Introduces the definition of Railway Electrification Systems, market overview.
Chapter 2: Global Railway Electrification Systems market size in revenue.
Chapter 3: Detailed analysis of Railway Electrification Systems company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Railway Electrification Systems in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
