ELECTRIC TRAIN MARKET

INTRODUCTION

Electric locomotives are examples of trains that are powered by electricity. Multiple electric units. Multiple battery-powered unit. system for electrifying railroads.

Regenerative braking is possible with electric traction because the motors can be employed as both brakes and generators, converting the motion of the train into electricity that is subsequently returned to the lines.

With the aid of a pantograph, the electric locomotive collects electricity from the overhead equipment (OHE) and uses traction motors to move the axles in order to turn this electrical energy into mechanical energy in a controlled manner. Electric locomotives can be lighter and hence cause less wear on rail beds.

They are also more powerful and responsive. They accelerate more quickly, use less fuel, and emit less CO2. Electric trains offer significantly higher energy efficiency, lower pollutants, and cheaper operational costs as compared to the diesel engine, the main alternative.

Diesel locomotives are frequently noisier, less responsive, and less reliable than electric locomotives. Since electric traction is significantly more versatile than gears, modern locomotives employ it instead of gears. Diesel powers traction motors by fueling combustion engine generators, which then convert energy into electricity via an alternator.

When transporting a lot of freight, rail has lower fuel expenses than road transportation. Moreover, rail often has lower expenses for drop trailer programmes and has lower driver costs. It is more environmentally beneficial to ship goods by train. Compared to trucks, trains use less fuel per tonne mile.

Electric locomotives are more reliable than steam or diesel engines, but the lines or rails that transport the electric current must be built at a very high cost.

ELECTRIC TRAIN MARKET SIZE AND FORECAST

The Global electric train market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

NEW PRODUCT LAUNCH IN ELECTRIC TRAIN MARKET

The arrival of M8 electric trains on the Shore Line East was announced by Governor Lamont. Customers of Shore Line East have eagerly anticipated the M8 Electric Multiple Units (EMU), which are a significant upgrade above the previous diesel-powered train sets.

Electric trains include more amenities for passengers, such as electrical outlets at every seat, brighter interiors, modern lavatories, higher back seats, and improved luggage racks, they produce no carbon emissions.

The use of all-electric M8 trains on Shore Line East will enhance the travelling experience for residents and visitors of Connecticut while also lowering carbon emissions.

ELECTRIC TRAIN MARKET COMPANY PROFILES

• Lamont
• Amtrak
• Caltrain
• Lumo
• Connecticut

ELECTRIC TRAIN MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many electric trains are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global electric train and key vendor selection criteria
3. Where is the electric train manufactured? What is the average margin per unit?
4. Market share of Global electric train market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global electric train in-house
6. key predictions for next 5 years in Global electric train market
7. Average B-2-B electric train market price in all segments
8. Latest trends in electric train market, by every market segment
9. The market size (both volume and value) of the electric train market in 2024-2030 and every year in between?
10. Production breakup of electric train market, by suppliers and their OEM relationship