APO RESEARCH · REPORT
Locomotives (Rolling Stock)
Locomotive is a rail transport vehicle that provides the motive power for a train. Locomotives use electricity to drive forward motion despite some locomotive named 'diesel'. In diesel locomotive, a large diesel engine turns a shaft that drives a generator which makes electricity. This electrical energy powers large electric motors at the wheels called 'traction motors'.
Product & engineering
Understand the product.
Locomotive is a rail transport vehicle that provides the motive power for a train. Locomotives use electricity to drive forward motion despite some locomotive named 'diesel'. In diesel locomotive, a large diesel engine turns a shaft that drives a generator which makes electricity. This electrical energy powers large electric motors at the wheels called 'traction motors'.
Selected research
Market Structure
Global Locomotives (Rolling Stock) Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
Locomotive is a rail transport vehicle that provides the motive power for a train. Locomotives use electricity to drive forward motion despite some locomotive named 'diesel'. In diesel locomotive, a large diesel engine turns a shaft that drives a generator which makes electricity. This electrical energy powers large electric motors at the wheels called 'traction motors'.
Global Locomotives (Rolling Stock) key players include CRRC, GE, Alstom, etc. Global top three manufacturers hold a share over 50%.
North America is the largest market, with a share over 30%, followed by Europe and Asia-Pacific, both have a share about 55 percent.
Read the full market overview
In terms of product, Diesel Locomotive is the largest segment, with a share over 70%. And in terms of application, the largest application is Freight Transport, followed by Passenger Transport.
The report provides an overview of the global Locomotives (Rolling Stock) market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
The study covers key producers of Locomotives (Rolling Stock) and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents Locomotives (Rolling Stock) sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the Locomotives (Rolling Stock) market size, projected growth trends, production technologies, key applications, and end-use industries.
Locomotives (Rolling Stock) Segment by Company
CRRC
GE
Alstom
Siemens
Bombardier
Hitachi
Transmashholding
EMD (Catepiller)
Kawasaki Heavy Industries
Stadler Rail
Hyundai Rotem
Locomotives (Rolling Stock) Segment by Type
Diesel Locomotive
Electric Locomotive
Locomotives (Rolling Stock) Segment by Application
Passenger Transport
Freight Transport
Locomotives (Rolling Stock) Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Locomotives (Rolling Stock) market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Locomotives (Rolling Stock) and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Locomotives (Rolling Stock).
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the Locomotives (Rolling Stock) market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Locomotives (Rolling Stock) industry.
Chapter 3: Detailed analysis of Locomotives (Rolling Stock) market competition landscape. Including Locomotives (Rolling Stock) manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, 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: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of Locomotives (Rolling Stock) by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of Locomotives (Rolling Stock) 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, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Diesel Locomotive
- Electric Locomotive
Applications
- Passenger Transport
- Freight Transport
Companies covered
- CRRC
- GE
- Alstom
- Siemens
- Bombardier
- Hitachi
- Transmashholding
- EMD (Catepiller)
- Kawasaki Heavy Industries
- Stadler Rail
- Hyundai Rotem
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Locomotives (Rolling Stock) Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global Locomotives (Rolling Stock) Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global Locomotives (Rolling Stock) Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global Locomotives (Rolling Stock) Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global Locomotives (Rolling Stock) Market Dynamics
- 2.1 Locomotives (Rolling Stock) Industry Trends
- 2.2 Locomotives (Rolling Stock) Industry Drivers
- 2.3 Locomotives (Rolling Stock) Industry Opportunities and Challenges
- 2.4 Locomotives (Rolling Stock) Industry Restraints
3 Locomotives (Rolling Stock) Market by Manufacturers
- 3.1 Global Locomotives (Rolling Stock) Production Value by Manufacturers (2021-2026)
- 3.2 Global Locomotives (Rolling Stock) Production by Manufacturers (2021-2026)
- 3.3 Global Locomotives (Rolling Stock) Average Price by Manufacturers (2021-2026)
- 3.4 Global Locomotives (Rolling Stock) Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Locomotives (Rolling Stock) Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global Locomotives (Rolling Stock) Manufacturers, Product Type & Application
- 3.7 Global Locomotives (Rolling Stock) Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Locomotives (Rolling Stock) Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Locomotives (Rolling Stock) Players Market Share by Production Value in 2025
- 3.8.3 2025 Locomotives (Rolling Stock) Tier 1, Tier 2, and Tier 3
4 Locomotives (Rolling Stock) Market by Type
- 4.1 Locomotives (Rolling Stock) Type Introduction
- 4.1.1 Diesel Locomotive
- 4.1.2 Electric Locomotive
- 4.2 Global Locomotives (Rolling Stock) Production by Type
- 4.2.1 Global Locomotives (Rolling Stock) Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global Locomotives (Rolling Stock) Production by Type (2021-2032)
- 4.2.3 Global Locomotives (Rolling Stock) Production Market Share by Type (2021-2032)
- 4.3 Global Locomotives (Rolling Stock) Production Value by Type
- 4.3.1 Global Locomotives (Rolling Stock) Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global Locomotives (Rolling Stock) Production Value by Type (2021-2032)
- 4.3.3 Global Locomotives (Rolling Stock) Production Value Market Share by Type (2021-2032)
5 Locomotives (Rolling Stock) Market by Application
- 5.1 Locomotives (Rolling Stock) Application Introduction
- 5.1.1 Passenger Transport
- 5.1.2 Freight Transport
- 5.2 Global Locomotives (Rolling Stock) Production by Application
- 5.2.1 Global Locomotives (Rolling Stock) Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global Locomotives (Rolling Stock) Production by Application (2021-2032)
- 5.2.3 Global Locomotives (Rolling Stock) Production Market Share by Application (2021-2032)
- 5.3 Global Locomotives (Rolling Stock) Production Value by Application
- 5.3.1 Global Locomotives (Rolling Stock) Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global Locomotives (Rolling Stock) Production Value by Application (2021-2032)
- 5.3.3 Global Locomotives (Rolling Stock) Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 CRRC
- 6.1.1 CRRC Company Information
- 6.1.2 CRRC Business Overview
- 6.1.3 CRRC Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.1.4 CRRC Locomotives (Rolling Stock) Product Portfolio
- 6.1.5 CRRC Recent Developments
- 6.2 GE
- 6.2.1 GE Company Information
- 6.2.2 GE Business Overview
- 6.2.3 GE Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.2.4 GE Locomotives (Rolling Stock) Product Portfolio
- 6.2.5 GE Recent Developments
- 6.3 Alstom
- 6.3.1 Alstom Company Information
- 6.3.2 Alstom Business Overview
- 6.3.3 Alstom Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.3.4 Alstom Locomotives (Rolling Stock) Product Portfolio
- 6.3.5 Alstom Recent Developments
- 6.4 Siemens
- 6.4.1 Siemens Company Information
- 6.4.2 Siemens Business Overview
- 6.4.3 Siemens Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.4.4 Siemens Locomotives (Rolling Stock) Product Portfolio
- 6.4.5 Siemens Recent Developments
- 6.5 Bombardier
- 6.5.1 Bombardier Company Information
- 6.5.2 Bombardier Business Overview
- 6.5.3 Bombardier Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.5.4 Bombardier Locomotives (Rolling Stock) Product Portfolio
- 6.5.5 Bombardier Recent Developments
- 6.6 Hitachi
- 6.6.1 Hitachi Company Information
- 6.6.2 Hitachi Business Overview
- 6.6.3 Hitachi Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.6.4 Hitachi Locomotives (Rolling Stock) Product Portfolio
- 6.6.5 Hitachi Recent Developments
- 6.7 Transmashholding
- 6.7.1 Transmashholding Company Information
- 6.7.2 Transmashholding Business Overview
- 6.7.3 Transmashholding Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.7.4 Transmashholding Locomotives (Rolling Stock) Product Portfolio
- 6.7.5 Transmashholding Recent Developments
- 6.8 EMD (Catepiller)
- 6.8.1 EMD (Catepiller) Company Information
- 6.8.2 EMD (Catepiller) Business Overview
- 6.8.3 EMD (Catepiller) Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.8.4 EMD (Catepiller) Locomotives (Rolling Stock) Product Portfolio
- 6.8.5 EMD (Catepiller) Recent Developments
- 6.9 Kawasaki Heavy Industries
- 6.9.1 Kawasaki Heavy Industries Company Information
- 6.9.2 Kawasaki Heavy Industries Business Overview
- 6.9.3 Kawasaki Heavy Industries Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.9.4 Kawasaki Heavy Industries Locomotives (Rolling Stock) Product Portfolio
- 6.9.5 Kawasaki Heavy Industries Recent Developments
- 6.10 Stadler Rail
- 6.10.1 Stadler Rail Company Information
- 6.10.2 Stadler Rail Business Overview
- 6.10.3 Stadler Rail Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.10.4 Stadler Rail Locomotives (Rolling Stock) Product Portfolio
- 6.10.5 Stadler Rail Recent Developments
- 6.11 Hyundai Rotem
- 6.11.1 Hyundai Rotem Company Information
- 6.11.2 Hyundai Rotem Business Overview
- 6.11.3 Hyundai Rotem Locomotives (Rolling Stock) Production, Value and Gross Margin (2021-2026)
- 6.11.4 Hyundai Rotem Locomotives (Rolling Stock) Product Portfolio
- 6.11.5 Hyundai Rotem Recent Developments
7 Global Locomotives (Rolling Stock) Production by Region
- 7.1 Global Locomotives (Rolling Stock) Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global Locomotives (Rolling Stock) Production by Region (2021-2032)
- 7.2.1 Global Locomotives (Rolling Stock) Production by Region (2021-2026)
- 7.2.2 Global Locomotives (Rolling Stock) Production Forecast by Region (2027-2032)
- 7.3 Global Locomotives (Rolling Stock) Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global Locomotives (Rolling Stock) Production Value by Region (2021-2032)
- 7.4.1 Global Locomotives (Rolling Stock) Production Value by Region (2021-2026)
- 7.4.2 Global Locomotives (Rolling Stock) Production Value by Region (2027-2032)
- 7.5 Global Locomotives (Rolling Stock) Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America Locomotives (Rolling Stock) Production Value (2021-2032)
- 7.6.2 Europe Locomotives (Rolling Stock) Production Value (2021-2032)
- 7.6.3 Asia-Pacific Locomotives (Rolling Stock) Production Value (2021-2032)
- 7.6.4 South America Locomotives (Rolling Stock) Production Value (2021-2032)
- 7.6.5 Middle East & Africa Locomotives (Rolling Stock) Production Value (2021-2032)
8 Global Locomotives (Rolling Stock) Consumption by Region
- 8.1 Global Locomotives (Rolling Stock) Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global Locomotives (Rolling Stock) Consumption by Region (2021-2032)
- 8.2.1 Global Locomotives (Rolling Stock) Consumption by Region (2021-2026)
- 8.2.2 Global Locomotives (Rolling Stock) Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America Locomotives (Rolling Stock) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America Locomotives (Rolling Stock) Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe Locomotives (Rolling Stock) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe Locomotives (Rolling Stock) Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific Locomotives (Rolling Stock) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific Locomotives (Rolling Stock) Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America Locomotives (Rolling Stock) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America Locomotives (Rolling Stock) Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa Locomotives (Rolling Stock) Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa Locomotives (Rolling Stock) Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 Locomotives (Rolling Stock) Value Chain Analysis
- 9.1.1 Locomotives (Rolling Stock) Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 Locomotives (Rolling Stock) Production Mode & Process
- 9.2 Locomotives (Rolling Stock) Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Locomotives (Rolling Stock) Distributors
- 9.2.3 Locomotives (Rolling Stock) Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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