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Showing posts with the label Locomotives Market

Locomotives Market: Key Players and Production Information analysis

Locomotives are powered rail transport vehicles which provide motive power to trains with no payload capacity, and their only use is to pull the trains along tracks. However, nowadays push-pull operations have become common, in which the trains have locomotives at the rear, front, or at both the ends. Electric locomotives are preferred since, they deliver high performance, lower maintenance cost, and lower energy costs and reduced pollution levels. Increase in urbanization, environmental sustainability, and a broad spectrum of impending rail projects, growth in demand for energy efficient rolling stock, and an expanding infrastructure of rail networks are the major factors driving the locomotives market . The extensive rail networks globally further supporting the growth of electric locomotives to meet the demand as a public transport. In addition, technological progress such as launch of the SiC module, IGBT module and the auxiliary power units has resulted in a surging demand for lo...