Global Diesel-Electric Locomotive Market
Market Overview
For the fourth year in a row, the global diesel-electric locomotive market recorded growth in sales value, which increased by 
% to $ in . In general, the total consumption indicated a measured increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. Global consumption peaked in and is expected to retain growth in years to come.
In value terms, diesel-electric locomotive production declined to $ in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in with an increase of % against the previous year. As a result, production attained the peak level of $, and then declined in the following year.
The United States ( units) remains the largest diesel-electric locomotive producing country worldwide, accounting for % of total volume. Moreover, diesel-electric locomotive production in the United States exceeded the figures recorded by the second-largest producer, China ( units), threefold. Russia ( units) ranked third in terms of total production with a % share.
From 2007 to, the average annual rate of growth in terms of volume in the United States was relatively modest. In the other countries, the average annual rates were as follows: China (+% per year) and Russia (+% per year).
% to $ in . In general, the total consumption indicated a measured increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. Global consumption peaked in and is expected to retain growth in years to come.In value terms, diesel-electric locomotive production declined to $
in estimated in export price. The total output value increased at an average annual rate of +% over the period from 2007 to ; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The pace of growth was the most pronounced in with an increase of % against the previous year. As a result, production attained the peak level of $, and then declined in the following year.The United States (
units) remains the largest diesel-electric locomotive producing country worldwide, accounting for % of total volume. Moreover, diesel-electric locomotive production in the United States exceeded the figures recorded by the second-largest producer, China ( units), threefold. Russia ( units) ranked third in terms of total production with a % share.From 2007 to
, the average annual rate of growth in terms of volume in the United States was relatively modest. In the other countries, the average annual rates were as follows: China (+% per year) and Russia (+% per year).Consumption
In , approx. units of diesel-electric locomotives were consumed worldwide; with an increase of % against figures. Over the period under review, consumption enjoyed a significant increase. Over the period under review, global consumption reached the peak volume at units in 2019; however, from to , consumption stood at a somewhat lower figure.
The global diesel-electric locomotive market size rose remarkably to $ in , increasing by % 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). In general, the total consumption indicated a tangible increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. Global consumption peaked in and is expected to retain growth in the immediate term.
, approx. units of diesel-electric locomotives were consumed worldwide; with an increase of % against figures. Over the period under review, consumption enjoyed a significant increase. Over the period under review, global consumption reached the peak volume at units in 2019; however, from to , consumption stood at a somewhat lower figure.The global diesel-electric locomotive market size rose remarkably to $
in , increasing by % 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). In general, the total consumption indicated a tangible increase from 2007 to : its value increased at an average annual rate of +% over the last fourteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on figures, consumption increased by +% against 2016 indices. Global consumption peaked in and is expected to retain growth in the immediate term.Consumption by Country
Angola ( units) remains the largest diesel-electric locomotive consuming country worldwide, comprising approx. % of total volume.
In Angola, diesel-electric locomotive consumption increased at an average annual rate of +% over the period from 2007-.
In value terms, Angola ($) led the market, alone.
From 2007 to, the average annual rate of growth in terms of value in Angola totaled +%.
From 2007 to, the average annual rate of growth in terms of the diesel-electric locomotive per capita consumption in Angola amounted to +%.
units) remains the largest diesel-electric locomotive consuming country worldwide, comprising approx. % of total volume.In Angola, diesel-electric locomotive consumption increased at an average annual rate of +
% over the period from 2007-.In value terms, Angola ($
) led the market, alone.From 2007 to
, the average annual rate of growth in terms of value in Angola totaled +%.From 2007 to
, the average annual rate of growth in terms of the diesel-electric locomotive per capita consumption in Angola amounted to +%.Market Forecast
Driven by increasing demand for diesel-electric locomotive worldwide, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to units by the end of .
% for the period from to , which is projected to bring the market volume to units by the end of .
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