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    Electric Train Market

    ID: 21549
    128 Pages
    Research Team
    07/2025

    Electric Train Market Research Report By Application (Inter-City, Intra-City, Freight), By Traction System (Overhead Line Electrification, Third Rail Electrification, Battery-Powered), By Carriage Type (Locomotive-Hauled, Electric Multiple Unit, Diesel Multiple Unit), By Purpose (Passenger, Freight) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - F...

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    Market Summary

    Electric Train Market Overview:

    As per MRFR analysis, the Electric Train Market Size was estimated at 163.53 (USD Billion) in 2022. The Electric Train Market Industry is expected to grow from 174.33 (USD Billion) in 2023 to 310.0 (USD Billion) by 2032. The Electric Train Market CAGR (growth rate) is expected to be around 6.6% during the forecast period (2024 - 2032).

    Key Electric Train Market Trends Highlighted

    The Electric Train Market is projected to grow exponentially in the coming years. Key market drivers include government initiatives to reduce carbon emissions, rising fuel costs, and increasing urbanization. The transition to electric trains offers significant environmental benefits, such as reduced air pollution and noise levels, making them an attractive option for cities seeking to improve air quality and create a more sustainable transportation system.

    Opportunities for growth in the electric train market lie in the development of advanced technologies, such as high-speed rail systems, and the expansion of electric rail networks to underserved areas. Recent trends indicate a growing demand for electric trains in developing countries, where population growth and economic expansion are fueling the need for improved transportation infrastructure. The adoption of renewable energy sources, such as solar and wind power, for electric train operations is also gaining traction, aligning with the global push towards decarbonization.

    Electric Train Market Overview

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Electric Train Market Drivers

    Rising Demand for Sustainable Transportation

    Higher environmental awareness and the growing need to reduce the carbon footprint have led to a higher demand for transportation solutions that would be appropriate and sustainable. Electric trains may be positioned as the alternative to traditional diesel trains that would be characterized by zero-emission and, hence, environmentally friendly. Moreover, this type of train may be chosen as a more efficient and, therefore, inexpensive way to transport a large number of people.The Electric Train Market Industry is likely to develop rapidly since representatives of more areas and countries will appeal to the policies of sustainable transportation.

    Technological Advancements

    The market for electric trains is continually developing. Every day, new technologies make electric trains more powerful, reliable, and safer. Nowadays, electric trains have evolved due to the appearance of more powerful and efficient electric motors, lighter and stronger materials, and more advanced batteries. Moreover, over time, advanced technologies such as power semiconductors or power electronics will be developed.

    In this way, between the 5 and 6 periods, the electric train will become more competitive compared to the diesel train.In this way, the Electric Train Market Industry will take advantage of the technological advancement of the electric train, meaning that the latter will be more attractive to a larger number of customers.

    Government Support

    Government’s inclination towards electric trains: Around the world, people are getting more inclined towards electric trains. Governments are extending their support to electric trains in the form of taxation benefits, credits, and additional assistance. In addition to that, governments are also funding the infrastructure development of electric trains, like tracks and charging stations. All these factors cater to making electric trains more convenient for transportation companies and consumers.This can be one of the factors that is expected to fuel the growth of the Electric Train Market Industry in the next few years.

    Electric Train Market Segment Insights:

    Electric Train Market Application Insights

    The Electric Train Market segmentation by application is categorized into inter-city, intra-city, and freight. Among these segments, the inter-city segment held the largest market share in 2023 and is projected to maintain its dominance throughout the forecast period. The growth of the inter-city segment can be attributed to the increasing demand for high-speed and efficient transportation systems for long-distance travel. Governments worldwide are investing heavily in developing and upgrading their inter-city rail networks to reduce travel time and improve connectivity.

    The intra-city segment is expected to witness significant growth during the forecast period due to the rising urbanization and population density in major cities. Electric trains offer a sustainable and efficient mode of transportation for intra-city travel, reducing traffic congestion and pollution levels. The increasing adoption of electric trains by municipalities and transportation authorities is driving the growth of this segment. 

    The freight segment is projected to grow steadily over the forecast period, driven by the increasing demand for efficient and environmentally friendly transportation solutions for freight movement.

    Electric trains offer a cost-effective and sustainable alternative to diesel-powered locomotives, reducing fuel consumption and emissions. The growing adoption of electric trains by logistics companies and rail operators is contributing to the growth of this segment. Overall, the Electric Train Market is expected to experience steady growth in the coming years, driven by the increasing demand for sustainable, efficient, and reliable transportation systems. The inter-city segment is expected to remain the dominant segment, while the intra-city and freight segments are projected to witness significant growth opportunities.

    Electric Train Market Application Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Electric Train Market Traction System Insights

    The Electric Train Market is segmented by traction system into overhead line electrification, third rail electrification, and battery-powered. Overhead line electrification is the most common type of traction system, accounting for over 60% of the global market in 2023. This is due to its high efficiency and low maintenance costs. Third rail electrification is used on some urban rail systems, which are less expensive to install than overhead lines. 

    Battery-powered trains are becoming increasingly popular as they offer greater flexibility and lower emissions than diesel trains.The battery-powered segment is expected to grow at a CAGR of over 10% over the next decade.

    Electric Train Market Carriage Type Insights

    The Electric Train Market is segmented by Carriage Type into Locomotive-Hauled, Electric Multiple Unit, and Diesel Multiple Unit. Among these, the Locomotive-Hauled segment held the largest market share in 2023, accounting for over 65% of the global market revenue. The Electric Multiple Unit segment is expected to grow at the highest CAGR during the forecast period 2023-2032, owing to the increasing demand for energy-efficient and environmentally friendly transportation solutions. 

    The Diesel Multiple Unit segment is expected to witness a steady growth rate over the forecast period, as it offers a cost-effective and reliable option for short-distance travel.The Electric Train Market is expected to witness significant growth in the coming years, driven by increasing urbanization, rising environmental concerns, and government initiatives to promote the adoption of sustainable transportation solutions.

    Electric Train Market Purpose Insights

    The Electric Train Market is segmented by purpose into passenger and freight. The passenger segment is expected to hold a larger market share due to the increasing demand for high-speed and energy-efficient transportation systems. The freight segment is expected to generate USD 25.67 billion in 2023 and is projected to reach USD 61.47 billion by 2032, growing at a CAGR of 9.1% during the forecast period. 

    The growth of the Electric Train Market is driven by several factors, including the increasing demand for sustainable and environmentally friendly transportation systems, the rising cost of conventional fuels, and the growing awareness of the benefits of electric trains.

    Electric Train Market Regional Insights

    The regional segmentation of the Electric Train Market provides insights into the market's geographic distribution and performance across different regions. North America held the largest market share in 2023, accounting for approximately 35% of the global revenue. The region's developed railway infrastructure, government initiatives promoting sustainable transportation, and technological advancements contribute to its dominance. Europe is another significant region, with a market share of around 30% in 2023. 

    The presence of major rail networks, government investments in rail modernization, and rising environmental awareness drive the market growth in Europe.The Asia-Pacific (APAC) region is projected to witness the fastest growth during the forecast period, with a CAGR of 7.5%. Rapid urbanization, increasing population density, and government investments in rail infrastructure development are key factors fueling the market expansion in APAC. 

    South America and the Middle East and Africa (MEA) are expected to have a modest market share, but they offer growth opportunities due to increasing investments in rail infrastructure and the adoption of sustainable transportation solutions.

    Electric Train Market Regional Insights

    Source: Primary Research, Secondary Research, MRFR Database and Analyst Review

    Electric Train Market Key Players And Competitive Insights:

    It is pertinent to note that the leading players in the Electric Train Market are actively innovating to offer solutions that meet the changing needs of customers. As the market is highly competitive, continuous innovation and exploration of new technologies are needed to make it more dynamic. 

    Leading companies in the electric train market are investing in research and development to improve and innovate their products, while strategic partnerships, mergers, and acquisitions are also common occurrences. The active competitive landscape in the Electric Train Market is significantly driven by the large capital investment in research and development.

    One of the leading players in the Electric Train Market, Siemens, has the most market share as its products include a wide variety of electric locomotives, metro trains, and high-speed trains. Siemens is a market leader because it has an excellent presence in every part of the world, while its focus on innovative solutions and customer satisfaction helps improve its market share. 

    Siemens is heavily involved in research and development for new and lightweight materials, energy systems, and digitalization technology. Also, it has long years of experience and hence expertise, which helps improve its market share by introducing new and advanced technologies to the market.

    Another leading player, Alstom, has an increased presence in the Electric Train Market, as it has a significant number of electric locomotives, passenger trains, and signaling systems in its portfolio. Furthermore, Alstom is a leader in sustainable and efficient solutions. Hence, there is a significant number of eco-friendly electric trains on the market. Additionally, Alstom is a major player due to its investment in research and development, which resulted in the introduction of a large number of advanced propulsion systems, light designs, and intelligent train management systems. 

    Overall, the active competitive environment in the Electric Train Market is significantly driven by the efforts of companies to explore new technologies and innovative products.

    Key Companies in the Electric Train Market Include:

      • Bombardier Transportation
      • KnorrBremse
      • Kawasaki Heavy Industries
      • Hitachi Rail
      • Stadler Rail
      • Wabtec
      • Transmashholding
      • Ansaldo STS
      • CAF
      • Hyundai Rotem
      • Alstom
      • Toshiba Infrastructure Systems Solutions
      • Talgo

    Electric Train Market Industry Developments

    The Electric Train Market is projected to reach USD 310.0 billion by 2032, exhibiting a CAGR of 6.6% from 2024 to 2032. Increasing government initiatives to promote sustainable transportation and rising environmental concerns are driving market growth. For instance, the European Union aims to reduce greenhouse gas emissions by 55% by 2030, leading to increased adoption of electric trains. Technological advancements, such as the development of high-speed and energy-efficient trains, are further fueling market expansion. 

    Key players like Siemens, Alstom, and CRRC are investing in research and development to enhance train performance and reduce operating costs. Additionally, the expansion of rail networks in developing countries and growing urbanization are creating significant growth opportunities for the electric train market.

    Electric Train Market Segmentation Insights

    Electric Train Market Application Outlook

      • Inter-City
      • Intra-City
      • Freight

    Electric Train Market Traction System Outlook

      • Overhead Line Electrification
      • Third Rail Electrification
      • Battery-Powered

    Electric Train Market Carriage Type Outlook

      • Locomotive-Hauled
      • Electric Multiple Unit
      • Diesel Multiple Unit

    Electric Train Market Purpose Outlook

      • Passenger
      • Freight

    Electric Train Market Regional Outlook

      • North America
      • Europe
      • South America
      • Asia Pacific
      • Middle East and Africa

    Market Size & Forecast

    Report Attribute/Metric Details
    Market Size 2022 163.53 (USD Billion)
    Market Size 2023 174.33 (USD Billion)
    Market Size 2032 310.0 (USD Billion)
    Compound Annual Growth Rate (CAGR) 6.6% (2024 - 2032)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2023
    Market Forecast Period 2024 - 2032
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled Siemens Mobility, Bombardier Transportation, KnorrBremse, Kawasaki Heavy Industries, Hitachi Rail, Stadler Rail, Wabtec, Transmashholding, Ansaldo STS, CRRC, CAF, Hyundai Rotem, Alstom, Toshiba Infrastructure Systems Solutions, Talgo
    Segments Covered Application, Traction System, Carriage Type, Purpose, Regional
    Key Market Opportunities Green Initiatives Government Support Growing Urbanization Technological Advancements Infrastructure Developments
    Key Market Dynamics Increasing demand for sustainable transportation Government initiatives for green infrastructure Technological advancements Growing urbanization and population growth Rising fuel costs and environmental concerns
    Countries Covered North America, Europe, APAC, South America, MEA

    Major Players

    Electric Train Market Segmentation

    • Electric Train Market By Application (USD Billion, 2019-2032)

      • Inter-City

      • Intra-City

      • Freight

    • Electric Train Market By Traction System (USD Billion, 2019-2032)

      • Overhead Line Electrification

      • Third Rail Electrification

      • Battery-Powered

    • Electric Train Market By Carriage Type (USD Billion, 2019-2032)

      • Locomotive-Hauled

      • Electric Multiple Unit

      • Diesel Multiple Unit

    • Electric Train Market By Purpose (USD Billion, 2019-2032)

      • Passenger

      • Freight

    • Electric Train Market By Regional (USD Billion, 2019-2032)

      • North America

      • Europe

      • South America

      • Asia Pacific

      • Middle East and Africa

    Electric Train Market Regional Outlook (USD Billion, 2019-2032)

    • North America Outlook (USD Billion, 2019-2032)

      • North America Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • North America Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • North America Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • North America Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • North America Electric Train Market by Regional Type

        • US

        • Canada

      • US Outlook (USD Billion, 2019-2032)

      • US Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • US Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • US Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • US Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • CANADA Outlook (USD Billion, 2019-2032)

      • CANADA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • CANADA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • CANADA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • CANADA Electric Train Market by Purpose Type

        • Passenger

        • Freight

    • Europe Outlook (USD Billion, 2019-2032)

      • Europe Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • Europe Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • Europe Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • Europe Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • Europe Electric Train Market by Regional Type

        • Germany

        • UK

        • France

        • Russia

        • Italy

        • Spain

        • Rest of Europe

      • GERMANY Outlook (USD Billion, 2019-2032)

      • GERMANY Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • GERMANY Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • GERMANY Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • GERMANY Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • UK Outlook (USD Billion, 2019-2032)

      • UK Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • UK Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • UK Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • UK Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • FRANCE Outlook (USD Billion, 2019-2032)

      • FRANCE Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • FRANCE Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • FRANCE Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • FRANCE Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • RUSSIA Outlook (USD Billion, 2019-2032)

      • RUSSIA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • RUSSIA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • RUSSIA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • RUSSIA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • ITALY Outlook (USD Billion, 2019-2032)

      • ITALY Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • ITALY Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • ITALY Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • ITALY Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • SPAIN Outlook (USD Billion, 2019-2032)

      • SPAIN Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • SPAIN Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • SPAIN Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • SPAIN Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • REST OF EUROPE Outlook (USD Billion, 2019-2032)

      • REST OF EUROPE Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • REST OF EUROPE Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • REST OF EUROPE Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • REST OF EUROPE Electric Train Market by Purpose Type

        • Passenger

        • Freight

    • APAC Outlook (USD Billion, 2019-2032)

      • APAC Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • APAC Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • APAC Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • APAC Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • APAC Electric Train Market by Regional Type

        • China

        • India

        • Japan

        • South Korea

        • Malaysia

        • Thailand

        • Indonesia

        • Rest of APAC

      • CHINA Outlook (USD Billion, 2019-2032)

      • CHINA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • CHINA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • CHINA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • CHINA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • INDIA Outlook (USD Billion, 2019-2032)

      • INDIA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • INDIA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • INDIA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • INDIA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • JAPAN Outlook (USD Billion, 2019-2032)

      • JAPAN Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • JAPAN Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • JAPAN Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • JAPAN Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • SOUTH KOREA Outlook (USD Billion, 2019-2032)

      • SOUTH KOREA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • SOUTH KOREA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • SOUTH KOREA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • SOUTH KOREA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • MALAYSIA Outlook (USD Billion, 2019-2032)

      • MALAYSIA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • MALAYSIA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • MALAYSIA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • MALAYSIA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • THAILAND Outlook (USD Billion, 2019-2032)

      • THAILAND Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • THAILAND Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • THAILAND Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • THAILAND Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • INDONESIA Outlook (USD Billion, 2019-2032)

      • INDONESIA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • INDONESIA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • INDONESIA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • INDONESIA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • REST OF APAC Outlook (USD Billion, 2019-2032)

      • REST OF APAC Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • REST OF APAC Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • REST OF APAC Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • REST OF APAC Electric Train Market by Purpose Type

        • Passenger

        • Freight

    • South America Outlook (USD Billion, 2019-2032)

      • South America Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • South America Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • South America Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • South America Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • South America Electric Train Market by Regional Type

        • Brazil

        • Mexico

        • Argentina

        • Rest of South America

      • BRAZIL Outlook (USD Billion, 2019-2032)

      • BRAZIL Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • BRAZIL Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • BRAZIL Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • BRAZIL Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • MEXICO Outlook (USD Billion, 2019-2032)

      • MEXICO Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • MEXICO Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • MEXICO Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • MEXICO Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • ARGENTINA Outlook (USD Billion, 2019-2032)

      • ARGENTINA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • ARGENTINA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • ARGENTINA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • ARGENTINA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2032)

      • REST OF SOUTH AMERICA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • REST OF SOUTH AMERICA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • REST OF SOUTH AMERICA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • REST OF SOUTH AMERICA Electric Train Market by Purpose Type

        • Passenger

        • Freight

    • MEA Outlook (USD Billion, 2019-2032)

      • MEA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • MEA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • MEA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • MEA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • MEA Electric Train Market by Regional Type

        • GCC Countries

        • South Africa

        • Rest of MEA

      • GCC COUNTRIES Outlook (USD Billion, 2019-2032)

      • GCC COUNTRIES Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • GCC COUNTRIES Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • GCC COUNTRIES Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • GCC COUNTRIES Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • SOUTH AFRICA Outlook (USD Billion, 2019-2032)

      • SOUTH AFRICA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • SOUTH AFRICA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • SOUTH AFRICA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • SOUTH AFRICA Electric Train Market by Purpose Type

        • Passenger

        • Freight

      • REST OF MEA Outlook (USD Billion, 2019-2032)

      • REST OF MEA Electric Train Market by Application Type

        • Inter-City

        • Intra-City

        • Freight

      • REST OF MEA Electric Train Market by Traction System Type

        • Overhead Line Electrification

        • Third Rail Electrification

        • Battery-Powered

      • REST OF MEA Electric Train Market by Carriage Type

        • Locomotive-Hauled

        • Electric Multiple Unit

        • Diesel Multiple Unit

      • REST OF MEA Electric Train Market by Purpose Type

        • Passenger

        • Freight

    Market Trends

    Electric Train Market Overview:

    As per MRFR analysis, the Electric Train Market Size was estimated at 163.53 (USD Billion) in 2022. The Electric Train Market Industry is expected to grow from 174.33 (USD Billion) in 2023 to 310.0 (USD Billion) by 2032. The Electric Train Market CAGR (growth rate) is expected to be around 6.6% during the forecast period (2024 - 2032).

    Key Electric Train Market Trends Highlighted

    The Electric Train Market is projected to grow exponentially in the coming years. Key market drivers include government initiatives to reduce carbon emissions, rising fuel costs, and increasing urbanization. The transition to electric trains offers significant environmental benefits, such as reduced air pollution and noise levels, making them an attractive option for cities seeking to improve air quality and create a more sustainable transportation system.

    Opportunities for growth in the electric train market lie in the development of advanced technologies, such as high-speed rail systems, and the expansion of electric rail networks to underserved areas. Recent trends indicate a growing demand for electric trains in developing countries, where population growth and economic expansion are fueling the need for improved transportation infrastructure. The adoption of renewable energy sources, such as solar and wind power, for electric train operations is also gaining traction, aligning with the glo...

    Market Segment Insights

    Smartphone Sensors Smartphone Type Insights

    The Smartphone Sensors market segmentation, based on smartphone type, includes standard smartphone, rugged smartphone, smartwatches, and other wearable. The standard smartphone segment dominated the market, accounting for the maximum market revenue. A smartphone is a mobile phone with a built-in computer and advanced features, such as web browsing and operating system, which are not associated with its counterpart. The rising mobile internet use, rising disposable income in developing countries, and high ownership of premium design smartphones are a few factors that are anticipated to grow smartphone sales. Smartphones are helped by a mobile operating system that offers advanced computing facilities. A smartphone can also work as a digital media player for uploading photos, videos, and music through a single interface.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Manufacturer Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Application Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Regional Insights

    The Smartphone Sensors market segmentation, based on the manufacturer, includes Apple Inc., Samsung Electronics, Huawei Technology, Xiaomi Inc., Oppo, Sony Corporation, HMD Global, and others. The Apple Inc. segment generated the most revenue due to its superior quality. Apple’s iPhone stands out over all other smartphones in the market. Apple Inc. is the market leader because they use more sensors in their devices to provide unique features. For Instance: Apple’s iPhone 12 uses a lidar for depth sensing, proximity for 3D touch, a gyroscope for compass, GPS, face ID for biometrics, auto-off, a barometer, a magnetometer for compass & GPS, and an ambient light sensor for auto-dimming displays. The better user experience, increased accessibility, and more security these sensors offer consumers to boost the segment‘s growth.

    Smartphone Sensors Market, By Device Type Outlook, 2024 & 2035

    Smartphone Sensors Price Insights

    The Smartphone Sensors market segmentation, based on price, includes USD 300 to USD 500, USD 100 to USD 300, above USD 500, and under USD 100. The USD 300 to USD 500 segment dominated the market revenue in the projected period. Most smartphones sold in medium-end devices have a sensor within this range. For instance: Nubia launched a new flagship Android device powered by the latest Snapdragon 8Gen 2CPU. The OEM has also specified that this gadget, which peculiarly seems to go by the name Z50 even though its processor was the z40 Pro, will compete with the Xiaomi 13 and iQOO11 series with cutting-edge LPDDR5X RAM and storage with the most recent UFS 4.0 spec.

    Get more detailed insights about Electric Train Market

    Key Players and Competitive Insights

    Leading market players are investing heavily in research and development to expand their product lines, which will help the Smartphone Sensors market, grow even more. Market participants are also undertaking various strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and growing market climate, the Smartphone Sensors industry must offer cost-effective items.

    Manufacturing locally to minimize operational costs is one of the key business tactics manufacturers use in the Smartphone Sensors industry to benefit clients and increase the market sector. In recent years, the Smartphone Sensors industry has offered manufacturers some of the most significant advantages. Major players in the Smartphone Sensors market, including MS AG (Austria), Broadcom Inc. (US), DYNA IMAGE Corporation (China), Murata Electronics Oy (Finland), NEXT Biometrics Group ASA (Norway), Omron Corporation (Japan), Samsung Electronics Co. Ltd. (South Korea), Sony Corporation (Japan)., and others, are attempting to increase market demand by investing in research and development operations.

    Samsung is dedicated to abiding by local laws and regulations and enforcing a strict code of conduct for all employees. Samsung adheres to a straightforward business tent: to usage its technology and expertise to develop top-notch goods and services that make a more cultured world. Samsung provides a high importance on its people and technologies to do this. For Instance: In January 2023, Samsung Electronics launched its new MICRO LED, Neo QLED, and Samsung OLED product lines, along with lifestyle products and accessories, before CES® 2023.

    Apple Inc. is a multinational American technology business with its main office in Cupertino, California. According to revenue, Apple will be the top technological business in the world in 2022, with US $ 394.3 billion in sales. According to market capitalization, Apple is the largest corporation in the world as of March 2023. For Instance: In September 2022, the iPhone 14 and iPhone 14 Plus, which come in two sizes, 6.1 and 6.7 inches and include a smart design, camera upgrades, and game-changing new safety measures, were introduced by Apple. The iPhone 14 and iPhone 14 Plus have a powerful camera system that incorporates the primary and front TrueDepth cameras, the Ultra Wide camera for uncommon perspectives, and the photonic engine, an enhanced picture pipeline.

    Key Companies in the Smartphone Sensors market include

    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)
    MS AG (Austria)

    Industry Developments

    • September 2022: Comcast and Samsung Electronics announced their partnership to create 5G Radio Access Network (RAN) technologies to enhance 5G connection for Xfinity Mobile and Comcast Business Mobile users in Comcast service zones. Samsung will provide 5G RAN technology, and Comcast will deploy Citizens Broadband Radio Service (CBRS) and 600 MHz spectrum to provide 5G access to consumer and business users in the US.
    • October 2022: Huawei announced the release of the newest antenna solutions, including the Maxwell platform and the X2 antenna series, for the subsequent 5G antenna innovation stage. The new technologies speed up 5G deployment by improving antenna and setup capabilities.

    Market Segmentation

    Smartphone Type Outlook

    • Standard Smartphone
    • Rugged Smartphone
    • Smartwatches
    • Other Wearable

    Price Outlook

    • USD 300 to USD 500
    • USD 100 to USD 300
    • Above USD 500
    • Under USD 100

    Manufacturer Outlook

    • Apple Inc.
    • Samsung Electronics
    • Huawei Technology
    • Xiaomi Inc.
    • Oppo
    • Sony Corporation
    • HMD Global

    Application Outlook

    • High-Level
    • Mid-Level
    • Low-Level

    Manufacturer Outlook

    North America
    • US
    • Canada
    Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
    Asia-Pacific
    • China
    • Japan
    • India
    • Italy
    • Australia
    • South Korea
    • Rest of Asia-Pacific
    Rest of the World
    • Middle East
    • Africa
    • Latin America

    Report Scope

    Report Attribute/Metric Details
    Market Size 2022 163.53 (USD Billion)
    Market Size 2023 174.33 (USD Billion)
    Market Size 2032 310.0 (USD Billion)
    Compound Annual Growth Rate (CAGR) 6.6% (2024 - 2032)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2023
    Market Forecast Period 2024 - 2032
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled Siemens Mobility, Bombardier Transportation, KnorrBremse, Kawasaki Heavy Industries, Hitachi Rail, Stadler Rail, Wabtec, Transmashholding, Ansaldo STS, CRRC, CAF, Hyundai Rotem, Alstom, Toshiba Infrastructure Systems Solutions, Talgo
    Segments Covered Application, Traction System, Carriage Type, Purpose, Regional
    Key Market Opportunities Green Initiatives Government Support Growing Urbanization Technological Advancements Infrastructure Developments
    Key Market Dynamics Increasing demand for sustainable transportation Government initiatives for green infrastructure Technological advancements Growing urbanization and population growth Rising fuel costs and environmental concerns
    Countries Covered North America, Europe, APAC, South America, MEA

    Market Highlights

    Author

    Aarti Dhapte
    Team Lead - Research

    She holds an experience of about 6+ years in market research and business consulting, working under the spectrum of information communication technology, telecommunications and semiconductor domains. aarti conceptualizes and implements a scalable business strategy and provides strategic leadership to the clients. her expertise lies in market estimation, competitive intelligence, pipeline analysis, customer assessment, etc.

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    This is a great article! Really helped me understand the topic better.

    Posted on July 23, 2025, 10:15 AM
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    Posted on July 22, 2025, 7:45 PM

    FAQs

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    Electric Train Market Segmentation

    • Electric Train Market By Application (USD Billion, 2019-2032)

      • Inter-City
      • Intra-City
      • Freight
    • Electric Train Market By Traction System (USD Billion, 2019-2032)

      • Overhead Line Electrification
      • Third Rail Electrification
      • Battery-Powered
    • Electric Train Market By Carriage Type (USD Billion, 2019-2032)

      • Locomotive-Hauled
      • Electric Multiple Unit
      • Diesel Multiple Unit
    • Electric Train Market By Purpose (USD Billion, 2019-2032)

      • Passenger
      • Freight
    • Electric Train Market By Regional (USD Billion, 2019-2032)

      • North America
      • Europe
      • South America
      • Asia Pacific
      • Middle East and Africa

    Electric Train Market Regional Outlook (USD Billion, 2019-2032)

    • North America Outlook (USD Billion, 2019-2032)

      • North America Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • North America Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • North America Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • North America Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • North America Electric Train Market by Regional Type

        • US
        • Canada
      • US Outlook (USD Billion, 2019-2032)
      • US Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • US Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • US Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • US Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • CANADA Outlook (USD Billion, 2019-2032)
      • CANADA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • CANADA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • CANADA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • CANADA Electric Train Market by Purpose Type

        • Passenger
        • Freight
    • Europe Outlook (USD Billion, 2019-2032)

      • Europe Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • Europe Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • Europe Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • Europe Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • Europe Electric Train Market by Regional Type

        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Spain
        • Rest of Europe
      • GERMANY Outlook (USD Billion, 2019-2032)
      • GERMANY Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • GERMANY Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • GERMANY Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • GERMANY Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • UK Outlook (USD Billion, 2019-2032)
      • UK Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • UK Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • UK Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • UK Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • FRANCE Outlook (USD Billion, 2019-2032)
      • FRANCE Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • FRANCE Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • FRANCE Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • FRANCE Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • RUSSIA Outlook (USD Billion, 2019-2032)
      • RUSSIA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • RUSSIA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • RUSSIA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • RUSSIA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • ITALY Outlook (USD Billion, 2019-2032)
      • ITALY Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • ITALY Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • ITALY Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • ITALY Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • SPAIN Outlook (USD Billion, 2019-2032)
      • SPAIN Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • SPAIN Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • SPAIN Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • SPAIN Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • REST OF EUROPE Outlook (USD Billion, 2019-2032)
      • REST OF EUROPE Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • REST OF EUROPE Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • REST OF EUROPE Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • REST OF EUROPE Electric Train Market by Purpose Type

        • Passenger
        • Freight
    • APAC Outlook (USD Billion, 2019-2032)

      • APAC Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • APAC Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • APAC Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • APAC Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • APAC Electric Train Market by Regional Type

        • China
        • India
        • Japan
        • South Korea
        • Malaysia
        • Thailand
        • Indonesia
        • Rest of APAC
      • CHINA Outlook (USD Billion, 2019-2032)
      • CHINA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • CHINA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • CHINA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • CHINA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • INDIA Outlook (USD Billion, 2019-2032)
      • INDIA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • INDIA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • INDIA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • INDIA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • JAPAN Outlook (USD Billion, 2019-2032)
      • JAPAN Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • JAPAN Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • JAPAN Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • JAPAN Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • SOUTH KOREA Outlook (USD Billion, 2019-2032)
      • SOUTH KOREA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • SOUTH KOREA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • SOUTH KOREA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • SOUTH KOREA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • MALAYSIA Outlook (USD Billion, 2019-2032)
      • MALAYSIA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • MALAYSIA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • MALAYSIA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • MALAYSIA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • THAILAND Outlook (USD Billion, 2019-2032)
      • THAILAND Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • THAILAND Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • THAILAND Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • THAILAND Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • INDONESIA Outlook (USD Billion, 2019-2032)
      • INDONESIA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • INDONESIA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • INDONESIA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • INDONESIA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • REST OF APAC Outlook (USD Billion, 2019-2032)
      • REST OF APAC Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • REST OF APAC Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • REST OF APAC Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • REST OF APAC Electric Train Market by Purpose Type

        • Passenger
        • Freight
    • South America Outlook (USD Billion, 2019-2032)

      • South America Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • South America Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • South America Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • South America Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • South America Electric Train Market by Regional Type

        • Brazil
        • Mexico
        • Argentina
        • Rest of South America
      • BRAZIL Outlook (USD Billion, 2019-2032)
      • BRAZIL Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • BRAZIL Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • BRAZIL Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • BRAZIL Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • MEXICO Outlook (USD Billion, 2019-2032)
      • MEXICO Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • MEXICO Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • MEXICO Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • MEXICO Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • ARGENTINA Outlook (USD Billion, 2019-2032)
      • ARGENTINA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • ARGENTINA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • ARGENTINA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • ARGENTINA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • REST OF SOUTH AMERICA Outlook (USD Billion, 2019-2032)
      • REST OF SOUTH AMERICA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • REST OF SOUTH AMERICA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • REST OF SOUTH AMERICA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • REST OF SOUTH AMERICA Electric Train Market by Purpose Type

        • Passenger
        • Freight
    • MEA Outlook (USD Billion, 2019-2032)

      • MEA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • MEA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • MEA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • MEA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • MEA Electric Train Market by Regional Type

        • GCC Countries
        • South Africa
        • Rest of MEA
      • GCC COUNTRIES Outlook (USD Billion, 2019-2032)
      • GCC COUNTRIES Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • GCC COUNTRIES Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • GCC COUNTRIES Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • GCC COUNTRIES Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • SOUTH AFRICA Outlook (USD Billion, 2019-2032)
      • SOUTH AFRICA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • SOUTH AFRICA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • SOUTH AFRICA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • SOUTH AFRICA Electric Train Market by Purpose Type

        • Passenger
        • Freight
      • REST OF MEA Outlook (USD Billion, 2019-2032)
      • REST OF MEA Electric Train Market by Application Type

        • Inter-City
        • Intra-City
        • Freight
      • REST OF MEA Electric Train Market by Traction System Type

        • Overhead Line Electrification
        • Third Rail Electrification
        • Battery-Powered
      • REST OF MEA Electric Train Market by Carriage Type

        • Locomotive-Hauled
        • Electric Multiple Unit
        • Diesel Multiple Unit
      • REST OF MEA Electric Train Market by Purpose Type

        • Passenger
        • Freight
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