Electric Locomotive Engines Market Projected to Expand at a CAGR of 8.8% from 2022 to 2030, According to Contrive Datum Insights – Yahoo Finance

Contrive Datum Insights Pvt Ltd

According to a market research study published by Contrive Datum Insights, North America use technology and automation, the region is the global market leader, European emission standards impose stringent restrictions on the usage of diesel locomotive engines

Farmington, Jan. 30, 2023 (GLOBE NEWSWIRE) — The Global Electric Locomotive Engines Market is expected to grow at a CAGR of 8.8% from 2023 to 2030. An electric locomotive engine is an electric motor that propels a train. Since the middle of the 20th century, electric locomotive engines have undergone significant transformations. Diesel locomotive engines have a poorer power-to-weight ratio than their electric counterparts. Additionally, electric locomotives can travel more quickly and haul more weight up steep gradients.

Request Sample Copy of Report “Electric Locomotive Engines Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030”, published by Contrive Datum Insights.

Electric engines are replacing traditional engines such as diesel engines because people throughout the world are increasingly worried about pollution and desire systems that consume less energy and do not pollute. The Environmental Protection Agency (EPA) of the United States has mandated that diesel engines release less nitrogen oxide. Consequently, the need for electric locomotive engines is increasing.

Electric Locomotive Engines Market Recent Developments:

  • In April 2021, Alstom, India’s biggest multinational sustainable mobility provider with a comprehensive portfolio of offerings, has successfully manufactured and delivered the 100th electric locomotive to Indian Railways.

  • In November 2015, GE said it would spend $200 million to build and sell 1,000 diesel locomotives to Indian Railways. The Ministry of Railways gave the company a Letter of Award for a contract to supply and maintain locomotives.

  • In August 2008, Bombardier Transportation announced that it had signed two contracts to give the New Jersey Transit Corporation (NJ TRANSIT) and the Agence Metropolitaine de Transport (AMT) in Montreal a total of 46 dual-powered passenger locomotives.

Electric Locomotive Engines Market Segmentation Analysis:

The market for electric locomotive engines can be segmented based on how power is delivered, the level of automation, the kind of power, the components, and the distribution channels. The market can be divided into three categories based on the method of energy delivery. The most prevalent method of powering an electric locomotive engine is via an overhead power line.

The market for electric locomotive engines can be divided into two categories based on the type of energy they utilise. DC motors have a high starting torque, which allows them to travel quicker initially regardless of the load. AC power is compatible with DC motors. Therefore, DC-powered electric locomotive engines dominate the market.

Regional Outlook:

Geographically, the market for electric …….


Leave a Reply

Your email address will not be published. Required fields are marked *



Red Bull set to announce Ford engine partnership deal with US car giant – BBC

Honda-powered Red Bull won both the drivers’ and constructors’ championships in 2022

Red Bull are poised to announce an engine partnership deal with US car giant Ford.

Ford will join forces with the team from 2026, part-funding the engine Red Bull are designing for the new regulations to be introduced that year.

The agreement is expected to be officially unveiled at Red Bull’s 2023 season launch in New York on Friday.

<p class="" data-reactid=".2f0mley4g…….


Ford set to announce F1 return with Red Bull engine deal – The Race

Red Bull and Ford are set to announce they will work together on a Formula 1 engine for 2026.

The widely rumoured collaboration will be announced on Friday, when Red Bull is set to reveal the livery for its 2023 car the RB19 at an event in New York.

Though not confirmed by either party, the news of a tie-up between Ford and the newly created Red Bull Powertrains engine division was mistakenly leaked in Italian media and is understood to be correct.

Ford has been interested in a potential F1 programme for several months, based around the 2026 engine regulations – which feature “100% sustainable fuels”, according to F1, and an increase in the electrical …….