INTERESTED IN THIS RESEARCH?
Contact our analysts for inquiries, samples, and expert insights.
REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 19.49 Billion By 2029 | 1.40% | Asia-Pacific |
| By Type | By Applications | By Region |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Railway Electrification Systems Market Overview
The Global Railway Electrification Systems Market Is Expected to Grow At 1.40% CAGR From 2020 To 2029. It Is Expected to Reach Above USD 19.49 Billion By 2029 From USD 17.20 Billion In 2020.
Railway electrification systems refer to the systems that are used to power trains using electricity instead of traditional diesel engines. These systems supply electrical power to trains through overhead wires or third rail systems, which are installed along the railway tracks. The electrical power is then used to power the locomotives, which drive the trains. Railway electrification systems are typically more efficient and environmentally friendly compared to traditional diesel engines, as they produce lower emissions and are more energy efficient. They are commonly used in high-speed rail systems and urban rail transit systems to provide a reliable, safe, and efficient means of transportation.
Environmental concerns are a significant driver of the railway electrification systems market. The transportation sector is a major contributor to global greenhouse gas emissions, and the use of traditional diesel-powered locomotives is a significant contributor to air pollution and carbon emissions. Railway electrification systems, on the other hand, are more environmentally friendly and produce lower emissions compared to diesel engines. Electric trains produce zero emissions at the point of use, meaning that they do not emit any pollutants or greenhouse gases while in operation. This is in contrast to diesel trains, which emit particulate matter, nitrogen oxides, and other pollutants that can have negative impacts on public health and the environment.
High capital costs are one of the primary restraints to the growth of the railway electrification systems market. Railway electrification systems require significant investment in infrastructure, including the installation of overhead wires or third rail systems along the railway tracks, as well as the purchase of electric locomotives or the conversion of existing diesel locomotives to electric power. The costs of railway electrification systems can vary depending on factors such as the size of the network, the complexity of the system, and the cost of labor and materials in the region. However, the capital costs of railway electrification systems are generally higher than those of traditional diesel engines.
The emergence of new markets presents a significant opportunity for growth in the railway electrification systems market. As developing countries seek to expand their transportation infrastructure, there is a growing demand for sustainable and energy-efficient solutions. Railway electrification systems offer several benefits, including reduced emissions, lower operating costs, and increased energy efficiency, making them an attractive option for many developing countries. In recent years, there has been a significant increase in railway electrification projects in developing countries, particularly in Asia and Africa. For example, China has been actively promoting railway electrification as part of its Belt and Road Initiative, leading to the implementation of several major railway electrification projects in countries such as Pakistan, Indonesia, and Ethiopia.
One of the major impacts of the pandemic had been a slowdown in project activity. Many railway electrification projects had been delayed or postponed due to disruptions in supply chains and difficulties in mobilizing workers and equipment. This had led to a decline in revenue for companies in the railway electrification systems market and had slowed down the overall growth of the market. Another impact of the pandemic had been a decline in demand for railway electrification systems in some regions. As countries had prioritized emergency response measures and economic stimulus packages, investment in infrastructure projects such as railway electrification systems may have been deprioritized. This had led to a slowdown in demand for railway electrification systems in some markets.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion), (Kilometres) |
| Segmentation | By Type, Application and region. |
| By Type |
|
| By Applications |
|
| By Region |
|
Railway Electrification Systems Market Segment Analysis
The contact line system, also known as the overhead contact system (OCS), is the dominant type of railway electrification system used worldwide. This system is widely adopted in various regions, including Europe, Asia, and North America, for both mainline railways and urban transit systems. The contact line system has proven to be a reliable and efficient method of powering trains, and it offers several advantages over other types of systems, such as third rail and ground-level power supply (APS). The contact line system is safer, as it poses less risk of electrical shock and fire hazards. It also offers greater flexibility in terms of train speeds, as it can provide power to trains traveling at higher speeds than third rail or APS systems.
High-speed rail systems are designed for trains that travel at speeds greater than 200 km/h (124 mph). These systems require high levels of power to maintain these speeds, and the contact line system is the dominant type of electrification used in high-speed rail applications. The contact line system is preferred in high-speed rail applications due to its ability to provide the high levels of power required for high-speed trains. The contact line system typically uses a catenary wire suspended above the tracks, which provides a continuous source of electricity to the train through a pantograph mounted on the train’s roof.
Railway Electrification Systems Market Players
The Railway Electrification Systems Market key players include CREC, CRCC, Siemens, Alstom, Hitachi, Balfour Beatty, MEC, Toshiba, ABB, Wabtec.
For corporate expansion, these key leaders are implementing strategic formulations such as new product development and commercialization, commercial expansion, and distribution agreements. Moreover, these participants are substantially spending on product development, which is fueling revenue generation.
Recent Developments:
March 2023 – Siemens Mobility, the Unites States’ largest passenger rolling stock manufacturer, would have expanded its manufacturing footprint by building a $220 million advanced manufacturing and rail services facility in Lexington, NC. The facility would have created more than 500 new jobs and be one of the city’s largest employers. With the increased production capacity, Siemens Mobility will fulfill the growing demand for passenger rail in America by producing some of the most innovative and sustainable passenger trains in the North American market.
January 2023 – Siemens Mobility awarded a €3 billion project in India – largest locomotive order in company history.
Who Should Buy? Or Key Stakeholders
- Investors
- Raw Materials Manufacturer
- Supplier and Distributor
- Private Rail Companies
- Government Organizations
- Research Organizations
- Regulatory Authorities
- Institutional & retail players
- Others
Railway Electrification Systems Market Regional Analysis
The Railway Electrification Systems market by region includes North America, Asia-Pacific (APAC), Europe, South America, and Middle East & Africa (MEA).
- North America: includes the US, Canada, Mexico
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN, and Rest of APAC
- Europe: includes the UK, Germany, France, Italy, Spain, Russia, and the Rest of Europe
- South America: includes Brazil, Argentina, and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and the Rest of MEA
The Asia Pacific region is holding the largest share of the railway electrification systems market. The region is witnessing a surge in demand for railway electrification systems due to increasing investments in railway infrastructure, growing urbanization, and rising demand for sustainable transportation solutions. China, Japan, India, and South Korea are the major markets for railway electrification systems in the Asia Pacific region. China is the largest market in the region, with a high-speed rail network that is the longest and most extensive in the world. Japan is another major market for railway electrification systems, with an extensive high-speed rail network that connects major cities throughout the country.
Europe is generally considered a mature market for railway electrification systems. This is due to the fact that the region has a well-developed rail infrastructure and has been using electrification systems for many decades. The market for railway electrification systems in Europe is driven by factors such as the region’s focus on sustainability and reducing carbon emissions, as well as increasing investments in rail infrastructure. However, due to the mature nature of the market, growth in the region may be slower compared to other regions such as Asia Pacific, where railway electrification systems are still being rapidly adopted and expanded.
Key Market Segments: Railway Electrification Systems Market
Railway Electrification Systems Market By Type, 2020-2029, (USD Billion), (Kilometres)
- Contact Lines System
- Traction Power Supply System
Railway Electrification Systems Market By Application, 2020-2029, (USD Billion), (Kilometres)
- High-Speed Rail
- Common-Speed Rail
Railway Electrification Systems Market By Region, 2020-2029, (USD Billion), (Kilometres)
- North America
- Asia Pacific
- Europe
- South America
- Middle East And Africa
Important Countries In All Regions Are Covered.
Exactitude Consultancy Services Key Objectives
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the railway electrification systems market over the next 7 years?
- Who are the major players in the railway electrification systems market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-pacific, middle east, and Africa?
- How is the economic environment affecting the railway electrification systems market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on the railway electrification systems market?
- What is the current and forecasted size and growth rate of the global railway electrification systems market?
- What are the key drivers of growth in the railway electrification systems market?
- What are the distribution channels and supply chain dynamics in the railway electrification systems market?
- What are the technological advancements and innovations in the railway electrification systems market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the railway electrification systems market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the railway electrification systems market?
- What are the product offerings and specifications of leading players in the market?
- What is the pricing trend of in the market and what is the impact of raw material prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON RAILWAY ELECTRIFICATION SYSTEMS MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET OUTLOOK
- GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE, 2020-2029, (USD BILLION), (KILOMETRES)
- CONTACT LINES SYSTEM
- TRACTION POWER SUPPLY SYSTEM
- GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION, 2020-2029, (USD BILLION), (KILOMETRES)
- HIGH-SPEED RAIL
- COMMON-SPEED RAIL
- GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY REGION, 2020-2029, (USD BILLION), (KILOMETRES)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- CREC
- CRCC
- SIEMENS
- ALSTOM
- HITACHI
- BALFOUR BEATTY
- MEC
- TOSHIBA
- ABB
- WABTEC *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 2Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 3Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 4Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 5Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY REGION (USD BILLION), 2020-2029
TABLE 6Â Â Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY REGION (KILOMETRES), 2020-2029
TABLE 7Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 8Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 9Â Â Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 10Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 11Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 12Â Â Â Â Â Â Â Â Â Â Â Â NORTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (KILOMETRES), 2020-2029
TABLE 13Â Â Â Â Â Â Â Â Â Â Â Â US RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 14Â Â Â Â Â Â Â Â Â Â Â Â US RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 15Â Â Â Â Â Â Â Â Â Â Â Â US RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 16Â Â Â Â Â Â Â Â Â Â Â Â US RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 17Â Â Â Â Â Â Â Â Â Â Â Â CANADA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 18Â Â Â Â Â Â Â Â Â Â Â Â CANADA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 19Â Â Â Â Â Â Â Â Â Â Â Â CANADA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 20Â Â Â Â Â Â Â Â Â Â Â Â CANADA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 21Â Â Â Â Â Â Â Â Â Â Â Â MEXICO RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 22Â Â Â Â Â Â Â Â Â Â Â Â MEXICO RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 23Â Â Â Â Â Â Â Â Â Â Â Â MEXICO RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 24Â Â Â Â Â Â Â Â Â Â Â Â MEXICO RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 25Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 26Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 27Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 28Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (KILOMETRES), 2020-2029
TABLE 29Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 30Â Â Â Â Â Â Â Â Â Â Â Â SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 31Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 32Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 33Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 34Â Â Â Â Â Â Â Â Â Â Â Â BRAZIL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 35Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 36Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 37Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 38Â Â Â Â Â Â Â Â Â Â Â Â ARGENTINA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 39Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 40Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 41Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 42Â Â Â Â Â Â Â Â Â Â Â Â COLOMBIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 43Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 44Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 45Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 46Â Â Â Â Â Â Â Â Â Â Â Â REST OF SOUTH AMERICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 47Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 48Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 49Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 50Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 51Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 52Â Â Â Â Â Â Â Â Â Â Â Â ASIA-PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (KILOMETRES), 2020-2029
TABLE 53Â Â Â Â Â Â Â Â Â Â Â Â INDIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 54Â Â Â Â Â Â Â Â Â Â Â Â INDIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 55Â Â Â Â Â Â Â Â Â Â Â Â INDIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 56Â Â Â Â Â Â Â Â Â Â Â Â INDIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 57Â Â Â Â Â Â Â Â Â Â Â Â CHINA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 58Â Â Â Â Â Â Â Â Â Â Â Â CHINA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 59Â Â Â Â Â Â Â Â Â Â Â Â CHINA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 60Â Â Â Â Â Â Â Â Â Â Â Â CHINA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 61Â Â Â Â Â Â Â Â Â Â Â Â JAPAN RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 62Â Â Â Â Â Â Â Â Â Â Â Â JAPAN RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 63Â Â Â Â Â Â Â Â Â Â Â Â JAPAN RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 64Â Â Â Â Â Â Â Â Â Â Â Â JAPAN RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 65Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 66Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 67Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 68Â Â Â Â Â Â Â Â Â Â Â Â SOUTH KOREA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 69Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 70Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 71Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 72Â Â Â Â Â Â Â Â Â Â Â Â AUSTRALIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 73Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 74Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 75Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 76Â Â Â Â Â Â Â Â Â Â Â Â SOUTH EAST ASIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 77Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 78Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 79Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 80Â Â Â Â Â Â Â Â Â Â Â Â REST OF ASIA PACIFIC RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 81Â Â Â Â Â Â Â Â Â Â Â Â EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 82Â Â Â Â Â Â Â Â Â Â Â Â EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 83Â Â Â Â Â Â Â Â Â Â Â Â EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 84Â Â Â Â Â Â Â Â Â Â Â Â EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 85Â Â Â Â Â Â Â Â Â Â Â Â EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 86Â Â Â Â Â Â Â Â Â Â Â Â EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (KILOMETRES), 2020-2029
TABLE 87Â Â Â Â Â Â Â Â Â Â Â Â GERMANY RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 88Â Â Â Â Â Â Â Â Â Â Â Â GERMANY RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 89Â Â Â Â Â Â Â Â Â Â Â Â GERMANY RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 90Â Â Â Â Â Â Â Â Â Â Â Â GERMANY RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 91Â Â Â Â Â Â Â Â Â Â Â Â UK RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 92Â Â Â Â Â Â Â Â Â Â Â Â UK RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 93Â Â Â Â Â Â Â Â Â Â Â Â UK RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 94Â Â Â Â Â Â Â Â Â Â Â Â UK RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 95Â Â Â Â Â Â Â Â Â Â Â Â FRANCE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 96Â Â Â Â Â Â Â Â Â Â Â Â FRANCE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 97Â Â Â Â Â Â Â Â Â Â Â Â FRANCE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 98Â Â Â Â Â Â Â Â Â Â Â Â FRANCE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 99Â Â Â Â Â Â Â Â Â Â Â Â ITALY RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 100Â Â Â Â Â Â Â Â Â Â ITALY RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 101Â Â Â Â Â Â Â Â Â Â ITALY RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 102Â Â Â Â Â Â Â Â Â Â ITALY RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 103Â Â Â Â Â Â Â Â Â Â SPAIN RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 104Â Â Â Â Â Â Â Â Â Â SPAIN RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 105Â Â Â Â Â Â Â Â Â Â SPAIN RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 106Â Â Â Â Â Â Â Â Â Â SPAIN RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 107Â Â Â Â Â Â Â Â Â Â RUSSIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 108Â Â Â Â Â Â Â Â Â Â RUSSIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 109Â Â Â Â Â Â Â Â Â Â RUSSIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 110Â Â Â Â Â Â Â Â Â Â RUSSIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 111Â Â Â Â Â Â Â Â Â Â REST OF EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 112Â Â Â Â Â Â Â Â Â Â REST OF EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 113Â Â Â Â Â Â Â Â Â Â REST OF EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 114Â Â Â Â Â Â Â Â Â Â REST OF EUROPE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 115Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 116Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 117Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 118Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 119Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (USD BILLION), 2020-2029
TABLE 120Â Â Â Â Â Â Â Â Â Â MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY COUNTRY (KILOMETRES), 2020-2029
TABLE 121Â Â Â Â Â Â Â Â Â Â UAE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 122Â Â Â Â Â Â Â Â Â Â UAE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 123Â Â Â Â Â Â Â Â Â Â UAE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 124Â Â Â Â Â Â Â Â Â Â UAE RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 125Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 126Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 127Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 128Â Â Â Â Â Â Â Â Â Â SAUDI ARABIA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 129Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 130Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 131Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 132Â Â Â Â Â Â Â Â Â Â SOUTH AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
TABLE 133Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (USD BILLION), 2020-2029
TABLE 134Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE (KILOMETRES), 2020-2029
TABLE 135Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (USD BILLION), 2020-2029
TABLE 136Â Â Â Â Â Â Â Â Â Â REST OF MIDDLE EAST AND AFRICA RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION (KILOMETRES), 2020-2029
LIST OF FIGURES
FIGURE 1Â Â Â Â Â Â Â Â Â Â Â Â MARKET DYNAMICS
FIGURE 2Â Â Â Â Â Â Â Â Â Â Â Â MARKET SEGMENTATION
FIGURE 3Â Â Â Â Â Â Â Â Â Â Â Â REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4Â Â Â Â Â Â Â Â Â Â Â Â DATA TRIANGULATION
FIGURE 5Â Â Â Â Â Â Â Â Â Â Â Â BOTTOM-UP APPROACH
FIGURE 6Â Â Â Â Â Â Â Â Â Â Â Â TOP-DOWN APPROACH
FIGURE 7Â Â Â Â Â Â Â Â Â Â Â Â RESEARCH FLOW
FIGURE 8Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE, USD BILLION, 2020-2029
FIGURE 9Â Â Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION, USD BILLION, 2020-2029
FIGURE 10Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY REGION, USD BILLION, 2020-2029
FIGURE 11          PORTER’S FIVE FORCES MODEL
FIGURE 12Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY TYPE, USD BILLION, 2021
FIGURE 13Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 14Â Â Â Â Â Â Â Â Â Â GLOBAL RAILWAY ELECTRIFICATION SYSTEMS MARKET BY REGION, USD BILLION, 2021
FIGURE 15Â Â Â Â Â Â Â Â Â Â MARKET SHARE ANALYSIS
FIGURE 16Â Â Â Â Â Â Â Â Â Â CREC: COMPANY SNAPSHOT
FIGURE 17Â Â Â Â Â Â Â Â Â Â CRCC: COMPANY SNAPSHOT
FIGURE 18Â Â Â Â Â Â Â Â Â Â SIEMENS: COMPANY SNAPSHOT
FIGURE 19Â Â Â Â Â Â Â Â Â Â ALSTOM: COMPANY SNAPSHOT
FIGURE 20Â Â Â Â Â Â Â Â Â Â HITACHI: COMPANY SNAPSHOT
FIGURE 21Â Â Â Â Â Â Â Â Â Â BALFOUR BEATTY: COMPANY SNAPSHOT
FIGURE 22Â Â Â Â Â Â Â Â Â Â MEC: COMPANY SNAPSHOT
FIGURE 23Â Â Â Â Â Â Â Â Â Â TOSHIBA: COMPANY SNAPSHOT
FIGURE 24Â Â Â Â Â Â Â Â Â Â ABB: COMPANY SNAPSHOT
FIGURE 25Â Â Â Â Â Â Â Â Â Â WABTEC: COMPANY SNAPSHOT
FAQ
The global railway electrification systems market is expected to grow at 1.40 % CAGR from 2020 to 2029. It is expected to reach above USD 19.49 Billion by 2029 from USD 17.20 Billion in 2020.
North America held more than 46% of the railway electrification systems market revenue share in 2020 and will witness tremendous expansion during the forecast period.
Railway electrification systems are more energy efficient compared to traditional diesel engines, which means that they can travel longer distances and carry more passengers or cargo without the need for refueling or maintenance.
The rail transportation sector is where the application of market has seen more.
The markets largest share is in the Asia Pacific region.
In-Depth Database
Our Report’s database covers almost all topics of all regions over the Globe.
Recognised Publishing Sources
Tie ups with top publishers around the globe.
Customer Support
Complete pre and post sales
support.
Safe & Secure
Complete secure payment
process.