Europe Locomotive Market Size, Share & Trends Analysis Report By Type (Electric, Diesel, and Other Type), By Technology, By End-use, By Component, By Country and Growth Forecast, 2025 - 2032
Published Date : 05-May-2025 |
Pages: 153 |
Report Format: PDF + Excel |
COVID-19 Impact on the Europe Locomotive Market
Market Overview
The Europe Locomotive Market would witness market growth of 8.9% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe Locomotive Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $3,084.4 million by 2032. The UK market is exhibiting a CAGR of 7.9% during (2025 - 2032). Additionally, The France market would experience a CAGR of 9.9% during (2025 - 2032).
The global push for sustainability has played a significant role in adopting locomotives, especially electric-powered trains. Locomotives, particularly electric ones, offer significant environmental benefits compared to other forms of transportation, such as trucks and airplanes. Rail transport is considered one of the most energy-efficient and environmentally friendly modes of transportation, with railcars emitting far fewer greenhouse gases per ton-mile than road freight.
The adoption of locomotives is also closely tied to investments in rail infrastructure. Governments invest heavily in upgrading and expanding rail networks in many countries, increasing the demand for locomotives. High-speed rail projects, freight corridor expansions, and the introduction of smart rail technologies are contributing to the increased adoption of locomotives.
Europe is experiencing a revival in rail transportation, reflecting a strong policy-driven commitment to sustainability, regional integration, and innovation. The European Union’s climate goals and significant public and private investment in rail infrastructure are transforming the continent’s mobility landscape. According to Eurostat, rail passenger transport in the EU hit 429 billion passenger-kilometers in 2023, the highest in years. This surge in rail traffic is reshaping the market in Europe, pushing for advanced, eco-friendly, and interoperable locomotive solutions tailored to evolving passenger and freight needs.
Free Valuable Insights: The Global Locomotive Market will Hit USD 46.78 Billion by 2032, at a CAGR of 9.3%
Based on Type, the market is segmented into Electric, Diesel, and Other Type. Based on Technology, the market is segmented into IGBT Module, SiC Power Module, and GTO Thyristor. Based on End-use, the market is segmented into Freight, Passengers, and Switcher. Based on Component, the market is segmented into Rectifier, Traction Motor, Inverter, Alternator, Auxiliary Power Unit (APU), and Other Component. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
- General Electric Company
- Siemens AG (Siemens Mobility)
- CRRC Corporation Limited
- Kawasaki Heavy Industries, Ltd.
- Alstom SA
- Hitachi, Ltd.
- Bharat Heavy Electricals Ltd.
- Mitsubishi Heavy Industries Ltd.
- Hyundai Rotem Company (Hyundai Motor Company)
- Caterpillar, Inc.
Europe Locomotive Market Report Segmentation
By Type
- Electric
- Diesel
- Other Type
By Technology
- IGBT Module
- SiC Power Module
- GTO Thyristor
By End-use
- Freight
- Passengers
- Switcher
By Component
- Rectifier
- Traction Motor
- Inverter
- Alternator
- Auxiliary Power Unit (APU)
- Other Component
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of contents
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Locomotive Market, by Type
1.4.2 Europe Locomotive Market, by Technology
1.4.3 Europe Locomotive Market, by End-use
1.4.4 Europe Locomotive Market, by Component
1.4.5 Europe Locomotive Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Product Launches and Product Expansions
4.2.2 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2023, Mar – 2025, Feb) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Locomotive Market by Type
5.1 Europe Electric Market by Country
5.2 Europe Diesel Market by Country
5.3 Europe Other Type Market by Country
Chapter 6. Europe Locomotive Market by Technology
6.1 Europe IGBT Module Market by Country
6.2 Europe SiC Power Module Market by Country
6.3 Europe GTO Thyristor Market by Country
Chapter 7. Europe Locomotive Market by End-use
7.1 Europe Freight Market by Country
7.2 Europe Passengers Market by Country
7.3 Europe Switcher Market by Country
Chapter 8. Europe Locomotive Market by Component
8.1 Europe Rectifier Market by Country
8.2 Europe Traction Motor Market by Country
8.3 Europe Inverter Market by Country
8.4 Europe Alternator Market by Country
8.5 Europe Auxiliary Power Unit (APU) Market by Country
8.6 Europe Other Component Market by Country
Chapter 9. Europe Locomotive Market by Country
9.1 Germany Locomotive Market
9.1.1 Germany Locomotive Market by Type
9.1.2 Germany Locomotive Market by Component
9.1.3 Germany Locomotive Market by End-use
9.1.4 Germany Locomotive Market by Component
9.2 UK Locomotive Market
9.2.1 UK Locomotive Market by Type
9.2.2 UK Locomotive Market by Component
9.2.3 UK Locomotive Market by End-use
9.2.4 UK Locomotive Market by Component
9.3 France Locomotive Market
9.3.1 France Locomotive Market by Type
9.3.2 France Locomotive Market by Component
9.3.3 France Locomotive Market by End-use
9.3.4 France Locomotive Market by Component
9.4 Russia Locomotive Market
9.4.1 Russia Locomotive Market by Type
9.4.2 Russia Locomotive Market by Component
9.4.3 Russia Locomotive Market by End-use
9.4.4 Russia Locomotive Market by Component
9.5 Spain Locomotive Market
9.5.1 Spain Locomotive Market by Type
9.5.2 Spain Locomotive Market by Component
9.5.3 Spain Locomotive Market by End-use
9.5.4 Spain Locomotive Market by Component
9.6 Italy Locomotive Market
9.6.1 Italy Locomotive Market by Type
9.6.2 Italy Locomotive Market by Component
9.6.3 Italy Locomotive Market by End-use
9.6.4 Italy Locomotive Market by Component
9.7 Rest of Europe Locomotive Market
9.7.1 Rest of Europe Locomotive Market by Type
9.7.2 Rest of Europe Locomotive Market by Component
9.7.3 Rest of Europe Locomotive Market by End-use
9.7.4 Rest of Europe Locomotive Market by Component
Chapter 10. Company Profiles
10.1 General Electric Company
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Siemens AG (Siemens Mobility)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 CRRC Corporation Limited
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Kawasaki Heavy Industries Ltd.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 Alstom SA
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Hitachi, Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.5.2 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Bharat Heavy Electricals Ltd.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Mitsubishi Heavy Industries Ltd.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 Hyundai Rotem Company (Hyundai Motor Company)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.10. Caterpillar, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Product Launches and Product Expansions:
10.10.6 SWOT Analysis
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Locomotive Market, by Type
1.4.2 Europe Locomotive Market, by Technology
1.4.3 Europe Locomotive Market, by End-use
1.4.4 Europe Locomotive Market, by Component
1.4.5 Europe Locomotive Market, by Country
1.5 Methodology for the research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
Chapter 4. Competition Analysis - Global
4.1 KBV Cardinal Matrix
4.2 Recent Industry Wide Strategic Developments
4.2.1 Product Launches and Product Expansions
4.2.2 Acquisition and Mergers
4.3 Market Share Analysis, 2024
4.4 Top Winning Strategies
4.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
4.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2023, Mar – 2025, Feb) Leading Players
4.5 Porter Five Forces Analysis
Chapter 5. Europe Locomotive Market by Type
5.1 Europe Electric Market by Country
5.2 Europe Diesel Market by Country
5.3 Europe Other Type Market by Country
Chapter 6. Europe Locomotive Market by Technology
6.1 Europe IGBT Module Market by Country
6.2 Europe SiC Power Module Market by Country
6.3 Europe GTO Thyristor Market by Country
Chapter 7. Europe Locomotive Market by End-use
7.1 Europe Freight Market by Country
7.2 Europe Passengers Market by Country
7.3 Europe Switcher Market by Country
Chapter 8. Europe Locomotive Market by Component
8.1 Europe Rectifier Market by Country
8.2 Europe Traction Motor Market by Country
8.3 Europe Inverter Market by Country
8.4 Europe Alternator Market by Country
8.5 Europe Auxiliary Power Unit (APU) Market by Country
8.6 Europe Other Component Market by Country
Chapter 9. Europe Locomotive Market by Country
9.1 Germany Locomotive Market
9.1.1 Germany Locomotive Market by Type
9.1.2 Germany Locomotive Market by Component
9.1.3 Germany Locomotive Market by End-use
9.1.4 Germany Locomotive Market by Component
9.2 UK Locomotive Market
9.2.1 UK Locomotive Market by Type
9.2.2 UK Locomotive Market by Component
9.2.3 UK Locomotive Market by End-use
9.2.4 UK Locomotive Market by Component
9.3 France Locomotive Market
9.3.1 France Locomotive Market by Type
9.3.2 France Locomotive Market by Component
9.3.3 France Locomotive Market by End-use
9.3.4 France Locomotive Market by Component
9.4 Russia Locomotive Market
9.4.1 Russia Locomotive Market by Type
9.4.2 Russia Locomotive Market by Component
9.4.3 Russia Locomotive Market by End-use
9.4.4 Russia Locomotive Market by Component
9.5 Spain Locomotive Market
9.5.1 Spain Locomotive Market by Type
9.5.2 Spain Locomotive Market by Component
9.5.3 Spain Locomotive Market by End-use
9.5.4 Spain Locomotive Market by Component
9.6 Italy Locomotive Market
9.6.1 Italy Locomotive Market by Type
9.6.2 Italy Locomotive Market by Component
9.6.3 Italy Locomotive Market by End-use
9.6.4 Italy Locomotive Market by Component
9.7 Rest of Europe Locomotive Market
9.7.1 Rest of Europe Locomotive Market by Type
9.7.2 Rest of Europe Locomotive Market by Component
9.7.3 Rest of Europe Locomotive Market by End-use
9.7.4 Rest of Europe Locomotive Market by Component
Chapter 10. Company Profiles
10.1 General Electric Company
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Research & Development Expense
10.1.5 SWOT Analysis
10.2 Siemens AG (Siemens Mobility)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expense
10.2.5 Recent strategies and developments:
10.2.5.1 Product Launches and Product Expansions:
10.2.6 SWOT Analysis
10.3 CRRC Corporation Limited
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Product Launches and Product Expansions:
10.3.6 SWOT Analysis
10.4 Kawasaki Heavy Industries Ltd.
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expense
10.4.5 SWOT Analysis
10.5 Alstom SA
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research & Development Expenses
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.6 SWOT Analysis
10.6 Hitachi, Ltd.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Segmental and Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Product Launches and Product Expansions:
10.6.5.2 Acquisition and Mergers:
10.6.6 SWOT Analysis
10.7 Bharat Heavy Electricals Ltd.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Segmental and Regional Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Product Launches and Product Expansions:
10.7.6 SWOT Analysis
10.8 Mitsubishi Heavy Industries Ltd.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.3 Segmental Analysis
10.8.4 Research & Development Expenses
10.8.5 Recent strategies and developments:
10.8.5.1 Product Launches and Product Expansions:
10.8.6 SWOT Analysis
10.9 Hyundai Rotem Company (Hyundai Motor Company)
10.9.1 Company Overview
10.9.2 Financial Analysis
10.9.3 Segmental and Regional Analysis
10.9.4 Research & Development Expense
10.10. Caterpillar, Inc.
10.10.1 Company Overview
10.10.2 Financial Analysis
10.10.3 Segmental and Regional Analysis
10.10.4 Research & Development Expense
10.10.5 Recent strategies and developments:
10.10.5.1 Product Launches and Product Expansions:
10.10.6 SWOT Analysis
List of Tables
TABLE 1 Europe Locomotive Market, 2021 - 2024, USD Million
TABLE 2 Europe Locomotive Market, 2025 - 2032, USD Million
TABLE 3 Product Launches And Product Expansions– Locomotive Market
TABLE 4 Acquisition and Mergers– Locomotive Market
TABLE 5 Europe Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 6 Europe Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 7 Europe Electric Market by Country, 2021 - 2024, USD Million
TABLE 8 Europe Electric Market by Country, 2025 - 2032, USD Million
TABLE 9 Europe Diesel Market by Country, 2021 - 2024, USD Million
TABLE 10 Europe Diesel Market by Country, 2025 - 2032, USD Million
TABLE 11 Europe Other Type Market by Country, 2021 - 2024, USD Million
TABLE 12 Europe Other Type Market by Country, 2025 - 2032, USD Million
TABLE 13 Europe Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 14 Europe Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 15 Europe IGBT Module Market by Country, 2021 - 2024, USD Million
TABLE 16 Europe IGBT Module Market by Country, 2025 - 2032, USD Million
TABLE 17 Europe SiC Power Module Market by Country, 2021 - 2024, USD Million
TABLE 18 Europe SiC Power Module Market by Country, 2025 - 2032, USD Million
TABLE 19 Europe GTO Thyristor Market by Country, 2021 - 2024, USD Million
TABLE 20 Europe GTO Thyristor Market by Country, 2025 - 2032, USD Million
TABLE 21 Europe Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 22 Europe Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 23 Europe Freight Market by Country, 2021 - 2024, USD Million
TABLE 24 Europe Freight Market by Country, 2025 - 2032, USD Million
TABLE 25 Europe Passengers Market by Country, 2021 - 2024, USD Million
TABLE 26 Europe Passengers Market by Country, 2025 - 2032, USD Million
TABLE 27 Europe Switcher Market by Country, 2021 - 2024, USD Million
TABLE 28 Europe Switcher Market by Country, 2025 - 2032, USD Million
TABLE 29 Europe Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 30 Europe Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 31 Europe Rectifier Market by Country, 2021 - 2024, USD Million
TABLE 32 Europe Rectifier Market by Country, 2025 - 2032, USD Million
TABLE 33 Europe Traction Motor Market by Country, 2021 - 2024, USD Million
TABLE 34 Europe Traction Motor Market by Country, 2025 - 2032, USD Million
TABLE 35 Europe Inverter Market by Country, 2021 - 2024, USD Million
TABLE 36 Europe Inverter Market by Country, 2025 - 2032, USD Million
TABLE 37 Europe Alternator Market by Country, 2021 - 2024, USD Million
TABLE 38 Europe Alternator Market by Country, 2025 - 2032, USD Million
TABLE 39 Europe Auxiliary Power Unit (APU) Market by Country, 2021 - 2024, USD Million
TABLE 40 Europe Auxiliary Power Unit (APU) Market by Country, 2025 - 2032, USD Million
TABLE 41 Europe Other Component Market by Country, 2021 - 2024, USD Million
TABLE 42 Europe Other Component Market by Country, 2025 - 2032, USD Million
TABLE 43 Europe Locomotive Market by Country, 2021 - 2024, USD Million
TABLE 44 Europe Locomotive Market by Country, 2025 - 2032, USD Million
TABLE 45 Germany Locomotive Market, 2021 - 2024, USD Million
TABLE 46 Germany Locomotive Market, 2025 - 2032, USD Million
TABLE 47 Germany Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 48 Germany Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 49 Germany Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 50 Germany Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 51 Germany Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 52 Germany Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 53 Germany Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 54 Germany Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 55 UK Locomotive Market, 2021 - 2024, USD Million
TABLE 56 UK Locomotive Market, 2025 - 2032, USD Million
TABLE 57 UK Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 58 UK Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 59 UK Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 60 UK Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 61 UK Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 62 UK Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 63 UK Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 64 UK Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 65 France Locomotive Market, 2021 - 2024, USD Million
TABLE 66 France Locomotive Market, 2025 - 2032, USD Million
TABLE 67 France Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 68 France Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 69 France Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 70 France Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 71 France Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 72 France Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 73 France Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 74 France Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 75 Russia Locomotive Market, 2021 - 2024, USD Million
TABLE 76 Russia Locomotive Market, 2025 - 2032, USD Million
TABLE 77 Russia Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 78 Russia Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 79 Russia Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 80 Russia Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 81 Russia Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 82 Russia Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 83 Russia Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 84 Russia Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 85 Spain Locomotive Market, 2021 - 2024, USD Million
TABLE 86 Spain Locomotive Market, 2025 - 2032, USD Million
TABLE 87 Spain Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 88 Spain Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 89 Spain Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 90 Spain Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 91 Spain Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 92 Spain Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 93 Spain Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 94 Spain Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 95 Italy Locomotive Market, 2021 - 2024, USD Million
TABLE 96 Italy Locomotive Market, 2025 - 2032, USD Million
TABLE 97 Italy Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 98 Italy Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 99 Italy Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 100 Italy Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 101 Italy Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 102 Italy Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 103 Italy Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 104 Italy Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 105 Rest of Europe Locomotive Market, 2021 - 2024, USD Million
TABLE 106 Rest of Europe Locomotive Market, 2025 - 2032, USD Million
TABLE 107 Rest of Europe Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 108 Rest of Europe Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 109 Rest of Europe Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 110 Rest of Europe Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 111 Rest of Europe Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 112 Rest of Europe Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 113 Rest of Europe Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 114 Rest of Europe Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 115 Key Information – General Electric Company
TABLE 116 Key Information – Siemens AG
TABLE 117 Key Information – CRRC Corporation Limited
TABLE 118 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 119 Key Information – Alstom SA
TABLE 120 Key Information – Hitachi, Ltd.
TABLE 121 Key information – Bharat Heavy Electricals Ltd.
TABLE 122 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 123 Key Information – Hyundai Rotem Company
TABLE 124 key information – Caterpillar, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Locomotive Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Locomotive Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2023, Mar – 2025, Feb) Leading Players
FIG 8 Porter’s Five Forces Analysis – Locomotive Market
FIG 9 Europe Locomotive Market share by Type, 2024
FIG 10 Europe Locomotive Market share by Type, 2032
FIG 11 Europe Locomotive Market by Type, 2021 - 2032, USD Million
FIG 12 Europe Locomotive Market share by Technology, 2024
FIG 13 Europe Locomotive Market share by Technology, 2032
FIG 14 Europe Locomotive Market by Technology, 2021 - 2032, USD Million
FIG 15 Europe Locomotive Market share by End-use, 2024
FIG 16 Europe Locomotive Market share by End-use, 2032
FIG 17 Europe Locomotive Market by End-use, 2021 - 2032, USD Million
FIG 18 Europe Locomotive Market share by Component, 2024
FIG 19 Europe Locomotive Market share by Component, 2032
FIG 20 Europe Locomotive Market by Component, 2021 - 2032, USD Million
FIG 21 Europe Locomotive Market share by Country, 2024
FIG 22 Europe Locomotive Market share by Country, 2032
FIG 23 Europe Locomotive Market by Country, 2021 - 2032, USD Million
FIG 24 SWOT Analysis: General electric Company
FIG 25 SWOT Analysis: Siemens AG
FIG 26 Swot Analysis: CRRC Corporation Limited
FIG 27 SWOT Analysis: Kawasaki Heavy Industries, Ltd.
FIG 28 SWOT Analysis: Alstom SA
FIG 29 Recent strategies and developments: Hitachi, Ltd.
FIG 30 Swot Analysis: Hitachi, Ltd.
FIG 31 SWOT Analysis: Bharat Heavy Electricals Ltd.
FIG 32 Swot Analysis: Mitsubishi Heavy Industries Ltd.
FIG 33 SWOT Analysis: Caterpillar, Inc.
TABLE 2 Europe Locomotive Market, 2025 - 2032, USD Million
TABLE 3 Product Launches And Product Expansions– Locomotive Market
TABLE 4 Acquisition and Mergers– Locomotive Market
TABLE 5 Europe Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 6 Europe Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 7 Europe Electric Market by Country, 2021 - 2024, USD Million
TABLE 8 Europe Electric Market by Country, 2025 - 2032, USD Million
TABLE 9 Europe Diesel Market by Country, 2021 - 2024, USD Million
TABLE 10 Europe Diesel Market by Country, 2025 - 2032, USD Million
TABLE 11 Europe Other Type Market by Country, 2021 - 2024, USD Million
TABLE 12 Europe Other Type Market by Country, 2025 - 2032, USD Million
TABLE 13 Europe Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 14 Europe Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 15 Europe IGBT Module Market by Country, 2021 - 2024, USD Million
TABLE 16 Europe IGBT Module Market by Country, 2025 - 2032, USD Million
TABLE 17 Europe SiC Power Module Market by Country, 2021 - 2024, USD Million
TABLE 18 Europe SiC Power Module Market by Country, 2025 - 2032, USD Million
TABLE 19 Europe GTO Thyristor Market by Country, 2021 - 2024, USD Million
TABLE 20 Europe GTO Thyristor Market by Country, 2025 - 2032, USD Million
TABLE 21 Europe Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 22 Europe Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 23 Europe Freight Market by Country, 2021 - 2024, USD Million
TABLE 24 Europe Freight Market by Country, 2025 - 2032, USD Million
TABLE 25 Europe Passengers Market by Country, 2021 - 2024, USD Million
TABLE 26 Europe Passengers Market by Country, 2025 - 2032, USD Million
TABLE 27 Europe Switcher Market by Country, 2021 - 2024, USD Million
TABLE 28 Europe Switcher Market by Country, 2025 - 2032, USD Million
TABLE 29 Europe Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 30 Europe Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 31 Europe Rectifier Market by Country, 2021 - 2024, USD Million
TABLE 32 Europe Rectifier Market by Country, 2025 - 2032, USD Million
TABLE 33 Europe Traction Motor Market by Country, 2021 - 2024, USD Million
TABLE 34 Europe Traction Motor Market by Country, 2025 - 2032, USD Million
TABLE 35 Europe Inverter Market by Country, 2021 - 2024, USD Million
TABLE 36 Europe Inverter Market by Country, 2025 - 2032, USD Million
TABLE 37 Europe Alternator Market by Country, 2021 - 2024, USD Million
TABLE 38 Europe Alternator Market by Country, 2025 - 2032, USD Million
TABLE 39 Europe Auxiliary Power Unit (APU) Market by Country, 2021 - 2024, USD Million
TABLE 40 Europe Auxiliary Power Unit (APU) Market by Country, 2025 - 2032, USD Million
TABLE 41 Europe Other Component Market by Country, 2021 - 2024, USD Million
TABLE 42 Europe Other Component Market by Country, 2025 - 2032, USD Million
TABLE 43 Europe Locomotive Market by Country, 2021 - 2024, USD Million
TABLE 44 Europe Locomotive Market by Country, 2025 - 2032, USD Million
TABLE 45 Germany Locomotive Market, 2021 - 2024, USD Million
TABLE 46 Germany Locomotive Market, 2025 - 2032, USD Million
TABLE 47 Germany Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 48 Germany Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 49 Germany Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 50 Germany Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 51 Germany Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 52 Germany Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 53 Germany Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 54 Germany Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 55 UK Locomotive Market, 2021 - 2024, USD Million
TABLE 56 UK Locomotive Market, 2025 - 2032, USD Million
TABLE 57 UK Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 58 UK Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 59 UK Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 60 UK Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 61 UK Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 62 UK Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 63 UK Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 64 UK Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 65 France Locomotive Market, 2021 - 2024, USD Million
TABLE 66 France Locomotive Market, 2025 - 2032, USD Million
TABLE 67 France Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 68 France Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 69 France Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 70 France Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 71 France Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 72 France Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 73 France Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 74 France Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 75 Russia Locomotive Market, 2021 - 2024, USD Million
TABLE 76 Russia Locomotive Market, 2025 - 2032, USD Million
TABLE 77 Russia Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 78 Russia Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 79 Russia Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 80 Russia Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 81 Russia Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 82 Russia Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 83 Russia Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 84 Russia Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 85 Spain Locomotive Market, 2021 - 2024, USD Million
TABLE 86 Spain Locomotive Market, 2025 - 2032, USD Million
TABLE 87 Spain Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 88 Spain Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 89 Spain Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 90 Spain Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 91 Spain Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 92 Spain Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 93 Spain Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 94 Spain Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 95 Italy Locomotive Market, 2021 - 2024, USD Million
TABLE 96 Italy Locomotive Market, 2025 - 2032, USD Million
TABLE 97 Italy Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 98 Italy Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 99 Italy Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 100 Italy Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 101 Italy Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 102 Italy Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 103 Italy Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 104 Italy Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 105 Rest of Europe Locomotive Market, 2021 - 2024, USD Million
TABLE 106 Rest of Europe Locomotive Market, 2025 - 2032, USD Million
TABLE 107 Rest of Europe Locomotive Market by Type, 2021 - 2024, USD Million
TABLE 108 Rest of Europe Locomotive Market by Type, 2025 - 2032, USD Million
TABLE 109 Rest of Europe Locomotive Market by Technology, 2021 - 2024, USD Million
TABLE 110 Rest of Europe Locomotive Market by Technology, 2025 - 2032, USD Million
TABLE 111 Rest of Europe Locomotive Market by End-use, 2021 - 2024, USD Million
TABLE 112 Rest of Europe Locomotive Market by End-use, 2025 - 2032, USD Million
TABLE 113 Rest of Europe Locomotive Market by Component, 2021 - 2024, USD Million
TABLE 114 Rest of Europe Locomotive Market by Component, 2025 - 2032, USD Million
TABLE 115 Key Information – General Electric Company
TABLE 116 Key Information – Siemens AG
TABLE 117 Key Information – CRRC Corporation Limited
TABLE 118 Key Information – Kawasaki Heavy Industries, Ltd.
TABLE 119 Key Information – Alstom SA
TABLE 120 Key Information – Hitachi, Ltd.
TABLE 121 Key information – Bharat Heavy Electricals Ltd.
TABLE 122 Key Information – Mitsubishi Heavy Industries Ltd.
TABLE 123 Key Information – Hyundai Rotem Company
TABLE 124 key information – Caterpillar, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Locomotive Market, 2021 - 2032, USD Million
FIG 3 Key Factors Impacting Locomotive Market
FIG 4 KBV Cardinal Matrix
FIG 5 Market Share Analysis, 2024
FIG 6 Key Leading Strategies: Percentage Distribution (2021-2025)
FIG 7 Key Strategic Move: (Product Launches and Product Expansions : 2023, Mar – 2025, Feb) Leading Players
FIG 8 Porter’s Five Forces Analysis – Locomotive Market
FIG 9 Europe Locomotive Market share by Type, 2024
FIG 10 Europe Locomotive Market share by Type, 2032
FIG 11 Europe Locomotive Market by Type, 2021 - 2032, USD Million
FIG 12 Europe Locomotive Market share by Technology, 2024
FIG 13 Europe Locomotive Market share by Technology, 2032
FIG 14 Europe Locomotive Market by Technology, 2021 - 2032, USD Million
FIG 15 Europe Locomotive Market share by End-use, 2024
FIG 16 Europe Locomotive Market share by End-use, 2032
FIG 17 Europe Locomotive Market by End-use, 2021 - 2032, USD Million
FIG 18 Europe Locomotive Market share by Component, 2024
FIG 19 Europe Locomotive Market share by Component, 2032
FIG 20 Europe Locomotive Market by Component, 2021 - 2032, USD Million
FIG 21 Europe Locomotive Market share by Country, 2024
FIG 22 Europe Locomotive Market share by Country, 2032
FIG 23 Europe Locomotive Market by Country, 2021 - 2032, USD Million
FIG 24 SWOT Analysis: General electric Company
FIG 25 SWOT Analysis: Siemens AG
FIG 26 Swot Analysis: CRRC Corporation Limited
FIG 27 SWOT Analysis: Kawasaki Heavy Industries, Ltd.
FIG 28 SWOT Analysis: Alstom SA
FIG 29 Recent strategies and developments: Hitachi, Ltd.
FIG 30 Swot Analysis: Hitachi, Ltd.
FIG 31 SWOT Analysis: Bharat Heavy Electricals Ltd.
FIG 32 Swot Analysis: Mitsubishi Heavy Industries Ltd.
FIG 33 SWOT Analysis: Caterpillar, Inc.