Innovative Report on Hybrid Train Market with Global Innovations, Competitive Analysis, New Business Developments and Top Companies – Global Forecast to 2027

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Hybrid Train Market To Reach 8,152 Units By 2026
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Market Summary
The hybrid train market was valued at 5,389 (by
units) in 2018 and is expected to reach 8,152
units by the year 2026, at a CAGR of 5.3 CAGR
during the forecast period (from 2018-2026). The
hybrid train market is heavily influenced by
driving factors such as public transport as a
means of reducing traffic congestions, growing
demand for energy-efficient transport and
increasing demand for comfort and safety boosts
the market growth. However, the refurbishment of
existing trains and the capital-intensive nature
of passengers is impacting negatively on the
growth of this market in the current market
scenario. Hybrid trains are useful owing to the
reduction of NOx emission, less fuel consumption,
noise level. Due to these advantages, the market
is likely to grow over the forecast period.
Rising demand for public transport in order to
reduce traffic congestion along with
energy-efficient transport are major aspects
influencing the positive growth of the hybrid
trains market. Further, commuters demand for
public transportation is a more reliable and
environmentally friendly option. Also, hybrid
train technology is a highly cost-effective
substitute for the existing public
transits. Read More https//www.reportsanddata.
com/report-detail/hybrid-train-market
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Market Summary
Key participants include CRRC, Bombardier,
Alstom, Kawasaki Heavy Industries, Siemens AG,
General Electric, Hyundai Rotem, Hitachi,
Construcciones Y Auxiliar De Ferrocarriles (CAF),
Cummins and others. Hybrid Train Market by
Propulsion Type (Revenue, USD Million
20162026) Battery Operated, CNG, Electro-Diesel,
LNG, Hydrogen, Solar Powered Hybrid Train Market
by Application Type (Revenue, USD Million
20162026) Freight, Passenger Hybrid Train
Market by Operating Speed (Revenue, USD Million
20162026) Below 100 km/hr, 100-200 km/hr, Above
200 km/hr
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