Electric Locomotive Market Overview in the Philippines
The value of the electric locomotive market in the Philippines surged to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption enjoyed a significant increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.