This report contains market size and forecasts of Rail Electrification in Global, including the following market information:
Global Rail Electrification Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Rail Electrification market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
DC System Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Rail Electrification include CREC, CRCC, Siemens, Alstom, Hitachi, Balfour Beatty, MEC, Toshiba and ABB, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Rail Electrification 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 Rail Electrification Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Rail Electrification Market Segment Percentages, by Type, 2021 (%)
DC System
AC System
Global Rail Electrification Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Rail Electrification Market Segment Percentages, by Application, 2021 (%)
Passenger and Freight Railway
City Transportation
High-speed Rail
Global Rail Electrification Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Rail Electrification Market Segment Percentages, By Region and Country, 2021 (%)
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 Rail Electrification revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Rail Electrification revenues share in global market, 2021 (%)
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