The global hybrid train Industry is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%.
Due to a number of important elements coming together, demand for hybrid trains is rising globally. In an era marked by rising urbanization, environmental awareness, and a growing focus on energy efficiency, hybrid trains have become a game-changing advancement for the rail transportation industry. Furthermore, the market for hybrid trains is expanding due in large part to government policies and encouragement for environmentally beneficial modes of transportation. The market’s attractiveness is also being increased by the incorporation of cutting-edge technology, such as fuel cell transportation for big loads and autonomous train systems. As cities grow and environmental concerns grow, hybrid trains are quickly emerging as the key to a cleaner, more sustainable, and efficient rail transportation future.
“During the forecast period, hybrid trains with less than 2000 kW of service power are anticipated to grow at the fastest rate.”
Throughout the projected period, hybrid trains with less than 2000 kW of service power are anticipated to expand at the quickest rate. In this power range, a lot of hybrid trains are made for commuter and urban rail networks. Usually, these trains travel shorter distances in suburban or urban regions. For these applications, where long-distance or high-speed travel is not a top priority, the reduced service power is adequate. Within city bounds, electrified rails are frequently seen in urban rail networks. These electrified sections let trains to run more efficiently with lower service power, which lowers emissions and energy costs. These trains are usually utilized on shorter commuter routes with relatively short stops, including regional rail services, light rail, or subways. In urban settings, these systems frequently need trains with reduced service power to cover the comparatively short distances between stops. These applications are ideally suited for hybrid trains with this power range. By effectively using the electrified sections, trains with lower service power can operate in metropolitan areas with lower emissions and energy costs. For example, Vossloh is working on the HybridShunter, a hybrid shunting locomotive with a 500 kW service power rating. The Citadis Eco2, a hybrid tram with a 400 kW service power rating, is being developed by Alstom. During the forecast period, this development will propel market expansion.
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“During the forecast period, the largest segment market will be hybrid trains with speeds between 100 and 200 KM/H.”
The market for hybrid trains is anticipated to be dominated by the 100–200 km/h sector over the projected period. The hybrid trains run on modified existing lines at speeds between 100 and 200 km/h. The market for operating hybrid trains is now dominated by the 100–200 km/h sector. These trains were initially driven by an existing diesel engine and electric propulsion. The operational speed of hybrid trains was then gradually increased by advancements in other hybrid train technologies, such as battery electric and hydrogen battery powered trains. In January 2023, CRRC and Chengdu Rail Transit partnered to create a zero-emission hydrogen train that will soon start running on Chinese railroads. The train can travel up to 160 km/h. With a 56-meter length and 150 seats, the Coradia Continental battery-electric trains can travel up to 120 kilometers and run on both non-electrified and catenary parts.
“During the forecast period, North America is expected to grow at the fastest rate for hybrid trains.”
One of the most developed railway sectors in the world is found in North America. It is home to significant railroad manufacturers, including Ballard, BNSF, and Wabtec Corporation. Most significant R&D and the creation of new trains and locomotives occur in North America. The largest market for hybrid trains in North America is the United States, which is followed by Canada and Mexico. Canada, which has long been a global pioneer in technology, is the second-largest market for hybrid trains in North America. Due to the need for increased fuel efficiency and the rise in carbon emissions from trains, there is a strong demand for alternative fuels and hybrid train systems. In 2023, the US will have the biggest market share. In the United States, emissions from trains and other transportation vehicles are subject to stringent federal and state laws. In addition to offering flexibility and greater operating range, hybrid trains assist rail operators in meeting these emissions regulations. In addition, the market for hybrid trains in North America is anticipated to increase at the quickest rate worldwide. The region is home to major players in the hybrid train industry, including Ballard, Cummins, and Wabtec Corporation, which supplies hybrid locomotives worldwide. For instance, in January 2022, the North American railroad Union Pacific declared that it had placed an order with Wabtec for ten FLXDrive battery-electric locomotives. Wabtec’s largest order of FLXDrives and the largest investment in battery-electric locomotives by a North American railroad (Union Pacific) are both represented by this deal. Furthermore, in January 2022, Caterpillar Inc. declared that Progress Rail, a Caterpillar Company, would sell ten battery-electric locomotives to Union Pacific Railroad. Additionally, the country’s largest market is made up of freight transportation, and this tendency is probably going to continue over the course of the projection period.
Key Market Players
The Hybrid Tarin market is dominated by established players such as CRRC (China), Alstom (France), Siemens (Germany), Wabtec Corporation (US), and Stadler Rail AG (Switzerland).
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