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.
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Railway Electrification Systems Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Railway Electrification Systems Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Railway Electrification Systems Overall Market Size
2.1 Global Railway Electrification Systems Market Size: 2022 VS 2029
2.2 Global Railway Electrification Systems Market Size, Prospects & Forecasts: 2018-2029
2.3 Key Market Trends, Opportunity, Drivers and Restraints
2.3.1 Market Opportunities & Trends
2.3.2 Market Drivers
2.3.3 Market Restraints
3 Company Landscape
3.1 Top Railway Electrification Systems Players in Global Market
3.2 Top Global Railway Electrification Systems Companies Ranked by Revenue
3.3 Global Railway Electrification Systems Revenue by Companies
3.4 Top 3 and Top 5 Railway Electrification Systems Companies in Global Market, by Revenue in 2022
3.5 Global Companies Railway Electrification Systems Product Type
3.6 Tier 1, Tier 2 and Tier 3 Railway Electrification Systems Players in Global Market
3.6.1 List of Global Tier 1 Railway Electrification Systems Companies
3.6.2 List of Global Tier 2 and Tier 3 Railway Electrification Systems Companies
4 Market Sights by Product
4.1 Overview
4.1.1 By Type - Global Railway Electrification Systems Market Size Markets, 2022 & 2029
4.1.2 Contact Lines System
4.1.3 Traction Power Supply System
4.1.4 Others
4.2 By Type - Global Railway Electrification Systems Revenue & Forecasts
4.2.1 By Type - Global Railway Electrification Systems Revenue, 2018-2023
4.2.2 By Type - Global Railway Electrification Systems Revenue, 2024-2029
4.2.3 By Type - Global Railway Electrification Systems Revenue Market Share, 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Railway Electrification Systems Market Size, 2022 & 2029
5.1.2 High-speed Rail
5.1.3 Common-speed Rail
5.2 By Application - Global Railway Electrification Systems Revenue & Forecasts
5.2.1 By Application - Global Railway Electrification Systems Revenue, 2018-2023
5.2.2 By Application - Global Railway Electrification Systems Revenue, 2024-2029
5.2.3 By Application - Global Railway Electrification Systems Revenue Market Share, 2018-2029
6 Sights by Region
6.1 By Region - Global Railway Electrification Systems Market Size, 2022 & 2029
6.2 By Region - Global Railway Electrification Systems Revenue & Forecasts
6.2.1 By Region - Global Railway Electrification Systems Revenue, 2018-2023
6.2.2 By Region - Global Railway Electrification Systems Revenue, 2024-2029
6.2.3 By Region - Global Railway Electrification Systems Revenue Market Share, 2018-2029
6.3 North America
6.3.1 By Country - North America Railway Electrification Systems Revenue, 2018-2029
6.3.2 US Railway Electrification Systems Market Size, 2018-2029
6.3.3 Canada Railway Electrification Systems Market Size, 2018-2029
6.3.4 Mexico Railway Electrification Systems Market Size, 2018-2029
6.4 Europe
6.4.1 By Country - Europe Railway Electrification Systems Revenue, 2018-2029
6.4.2 Germany Railway Electrification Systems Market Size, 2018-2029
6.4.3 France Railway Electrification Systems Market Size, 2018-2029
6.4.4 U.K. Railway Electrification Systems Market Size, 2018-2029
6.4.5 Italy Railway Electrification Systems Market Size, 2018-2029
6.4.6 Russia Railway Electrification Systems Market Size, 2018-2029
6.4.7 Nordic Countries Railway Electrification Systems Market Size, 2018-2029
6.4.8 Benelux Railway Electrification Systems Market Size, 2018-2029
6.5 Asia
6.5.1 By Region - Asia Railway Electrification Systems Revenue, 2018-2029
6.5.2 China Railway Electrification Systems Market Size, 2018-2029
6.5.3 Japan Railway Electrification Systems Market Size, 2018-2029
6.5.4 South Korea Railway Electrification Systems Market Size, 2018-2029
6.5.5 Southeast Asia Railway Electrification Systems Market Size, 2018-2029
6.5.6 India Railway Electrification Systems Market Size, 2018-2029
6.6 South America
6.6.1 By Country - South America Railway Electrification Systems Revenue, 2018-2029
6.6.2 Brazil Railway Electrification Systems Market Size, 2018-2029
6.6.3 Argentina Railway Electrification Systems Market Size, 2018-2029
6.7 Middle East & Africa
6.7.1 By Country - Middle East & Africa Railway Electrification Systems Revenue, 2018-2029
6.7.2 Turkey Railway Electrification Systems Market Size, 2018-2029
6.7.3 Israel Railway Electrification Systems Market Size, 2018-2029
6.7.4 Saudi Arabia Railway Electrification Systems Market Size, 2018-2029
6.7.5 UAE Railway Electrification Systems Market Size, 2018-2029
7 Railway Electrification Systems Companies Profiles
7.1 CREC
7.1.1 CREC Company Summary
7.1.2 CREC Business Overview
7.1.3 CREC Railway Electrification Systems Major Product Offerings
7.1.4 CREC Railway Electrification Systems Revenue in Global Market (2018-2023)
7.1.5 CREC Key News & Latest Developments
7.2 CRCC
7.2.1 CRCC Company Summary
7.2.2 CRCC Business Overview
7.2.3 CRCC Railway Electrification Systems Major Product Offerings
7.2.4 CRCC Railway Electrification Systems Revenue in Global Market (2018-2023)
7.2.5 CRCC Key News & Latest Developments
7.3 Siemens
7.3.1 Siemens Company Summary
7.3.2 Siemens Business Overview
7.3.3 Siemens Railway Electrification Systems Major Product Offerings
7.3.4 Siemens Railway Electrification Systems Revenue in Global Market (2018-2023)
7.3.5 Siemens Key News & Latest Developments
7.4 Alstom
7.4.1 Alstom Company Summary
7.4.2 Alstom Business Overview
7.4.3 Alstom Railway Electrification Systems Major Product Offerings
7.4.4 Alstom Railway Electrification Systems Revenue in Global Market (2018-2023)
7.4.5 Alstom Key News & Latest Developments
7.5 Hitachi
7.5.1 Hitachi Company Summary
7.5.2 Hitachi Business Overview
7.5.3 Hitachi Railway Electrification Systems Major Product Offerings
7.5.4 Hitachi Railway Electrification Systems Revenue in Global Market (2018-2023)
7.5.5 Hitachi Key News & Latest Developments
7.6 Balfour Beatty
7.6.1 Balfour Beatty Company Summary
7.6.2 Balfour Beatty Business Overview
7.6.3 Balfour Beatty Railway Electrification Systems Major Product Offerings
7.6.4 Balfour Beatty Railway Electrification Systems Revenue in Global Market (2018-2023)
7.6.5 Balfour Beatty Key News & Latest Developments
7.7 MEC
7.7.1 MEC Company Summary
7.7.2 MEC Business Overview
7.7.3 MEC Railway Electrification Systems Major Product Offerings
7.7.4 MEC Railway Electrification Systems Revenue in Global Market (2018-2023)
7.7.5 MEC Key News & Latest Developments
7.8 Toshiba
7.8.1 Toshiba Company Summary
7.8.2 Toshiba Business Overview
7.8.3 Toshiba Railway Electrification Systems Major Product Offerings
7.8.4 Toshiba Railway Electrification Systems Revenue in Global Market (2018-2023)
7.8.5 Toshiba Key News & Latest Developments
7.9 ABB
7.9.1 ABB Company Summary
7.9.2 ABB Business Overview
7.9.3 ABB Railway Electrification Systems Major Product Offerings
7.9.4 ABB Railway Electrification Systems Revenue in Global Market (2018-2023)
7.9.5 ABB Key News & Latest Developments
7.10 Wabtec
7.10.1 Wabtec Company Summary
7.10.2 Wabtec Business Overview
7.10.3 Wabtec Railway Electrification Systems Major Product Offerings
7.10.4 Wabtec Railway Electrification Systems Revenue in Global Market (2018-2023)
7.10.5 Wabtec Key News & Latest Developments
7.11 Schneider
7.11.1 Schneider Company Summary
7.11.2 Schneider Business Overview
7.11.3 Schneider Railway Electrification Systems Major Product Offerings
7.11.4 Schneider Railway Electrification Systems Revenue in Global Market (2018-2023)
7.11.5 Schneider Key News & Latest Developments
8 Conclusion
9 Appendix
9.1 Note
9.2 Examples of Clients
9.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Railway Electrification Systems Market Opportunities & Trends in Global Market
Table 2. Railway Electrification Systems Market Drivers in Global Market
Table 3. Railway Electrification Systems Market Restraints in Global Market
Table 4. Key Players of Railway Electrification Systems in Global Market
Table 5. Top Railway Electrification Systems Players in Global Market, Ranking by Revenue (2022)
Table 6. Global Railway Electrification Systems Revenue by Companies, (US$, Mn), 2018-2023
Table 7. Global Railway Electrification Systems Revenue Share by Companies, 2018-2023
Table 8. Global Companies Railway Electrification Systems Product Type
Table 9. List of Global Tier 1 Railway Electrification Systems Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Railway Electrification Systems Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Railway Electrification Systems Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Railway Electrification Systems Revenue in Global (US$, Mn), 2018-2023
Table 13. By Type - Railway Electrification Systems Revenue in Global (US$, Mn), 2024-2029
Table 14. By Application ? Global Railway Electrification Systems Revenue, (US$, Mn), 2022 & 2029
Table 15. By Application - Railway Electrification Systems Revenue in Global (US$, Mn), 2018-2023
Table 16. By Application - Railway Electrification Systems Revenue in Global (US$, Mn), 2024-2029
Table 17. By Region ? Global Railway Electrification Systems Revenue, (US$, Mn), 2022 & 2029
Table 18. By Region - Global Railway Electrification Systems Revenue (US$, Mn), 2018-2023
Table 19. By Region - Global Railway Electrification Systems Revenue (US$, Mn), 2024-2029
Table 20. By Country - North America Railway Electrification Systems Revenue, (US$, Mn), 2018-2023
Table 21. By Country - North America Railway Electrification Systems Revenue, (US$, Mn), 2024-2029
Table 22. By Country - Europe Railway Electrification Systems Revenue, (US$, Mn), 2018-2023
Table 23. By Country - Europe Railway Electrification Systems Revenue, (US$, Mn), 2024-2029
Table 24. By Region - Asia Railway Electrification Systems Revenue, (US$, Mn), 2018-2023
Table 25. By Region - Asia Railway Electrification Systems Revenue, (US$, Mn), 2024-2029
Table 26. By Country - South America Railway Electrification Systems Revenue, (US$, Mn), 2018-2023
Table 27. By Country - South America Railway Electrification Systems Revenue, (US$, Mn), 2024-2029
Table 28. By Country - Middle East & Africa Railway Electrification Systems Revenue, (US$, Mn), 2018-2023
Table 29. By Country - Middle East & Africa Railway Electrification Systems Revenue, (US$, Mn), 2024-2029
Table 30. CREC Company Summary
Table 31. CREC Railway Electrification Systems Product Offerings
Table 32. CREC Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 33. CREC Key News & Latest Developments
Table 34. CRCC Company Summary
Table 35. CRCC Railway Electrification Systems Product Offerings
Table 36. CRCC Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 37. CRCC Key News & Latest Developments
Table 38. Siemens Company Summary
Table 39. Siemens Railway Electrification Systems Product Offerings
Table 40. Siemens Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 41. Siemens Key News & Latest Developments
Table 42. Alstom Company Summary
Table 43. Alstom Railway Electrification Systems Product Offerings
Table 44. Alstom Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 45. Alstom Key News & Latest Developments
Table 46. Hitachi Company Summary
Table 47. Hitachi Railway Electrification Systems Product Offerings
Table 48. Hitachi Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 49. Hitachi Key News & Latest Developments
Table 50. Balfour Beatty Company Summary
Table 51. Balfour Beatty Railway Electrification Systems Product Offerings
Table 52. Balfour Beatty Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 53. Balfour Beatty Key News & Latest Developments
Table 54. MEC Company Summary
Table 55. MEC Railway Electrification Systems Product Offerings
Table 56. MEC Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 57. MEC Key News & Latest Developments
Table 58. Toshiba Company Summary
Table 59. Toshiba Railway Electrification Systems Product Offerings
Table 60. Toshiba Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 61. Toshiba Key News & Latest Developments
Table 62. ABB Company Summary
Table 63. ABB Railway Electrification Systems Product Offerings
Table 64. ABB Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 65. ABB Key News & Latest Developments
Table 66. Wabtec Company Summary
Table 67. Wabtec Railway Electrification Systems Product Offerings
Table 68. Wabtec Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 69. Wabtec Key News & Latest Developments
Table 70. Schneider Company Summary
Table 71. Schneider Railway Electrification Systems Product Offerings
Table 72. Schneider Railway Electrification Systems Revenue (US$, Mn) & (2018-2023)
Table 73. Schneider Key News & Latest Developments
List of Figures
Figure 1. Railway Electrification Systems Segment by Type in 2022
Figure 2. Railway Electrification Systems Segment by Application in 2022
Figure 3. Global Railway Electrification Systems Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Railway Electrification Systems Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Railway Electrification Systems Revenue, 2018-2029 (US$, Mn)
Figure 7. The Top 3 and 5 Players Market Share by Railway Electrification Systems Revenue in 2022
Figure 8. By Type - Global Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 9. By Application - Global Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 10. By Type - Global Railway Electrification Systems Revenue, (US$, Mn), 2022 & 2029
Figure 11. By Type - Global Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 12. By Application - Global Railway Electrification Systems Revenue, (US$, Mn), 2022 & 2029
Figure 13. By Application - Global Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 14. By Region - Global Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 15. By Country - North America Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 16. US Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 17. Canada Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 18. Mexico Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 19. By Country - Europe Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 20. Germany Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 21. France Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 22. U.K. Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 23. Italy Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 24. Russia Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 25. Nordic Countries Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 26. Benelux Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 27. By Region - Asia Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 28. China Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 29. Japan Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 30. South Korea Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 31. Southeast Asia Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 32. India Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 33. By Country - South America Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 34. Brazil Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 35. Argentina Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 36. By Country - Middle East & Africa Railway Electrification Systems Revenue Market Share, 2018-2029
Figure 37. Turkey Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 38. Israel Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 39. Saudi Arabia Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 40. UAE Railway Electrification Systems Revenue, (US$, Mn), 2018-2029
Figure 41. CREC Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 42. CRCC Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 43. Siemens Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 44. Alstom Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 45. Hitachi Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 46. Balfour Beatty Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 47. MEC Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 48. Toshiba Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 49. ABB Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 50. Wabtec Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
Figure 51. Schneider Railway Electrification Systems Revenue Year Over Year Growth (US$, Mn) & (2018-2023)
