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Electric Track Vehicle System Market By Type of Enzymatic DNA Synthesis (Polymerase Chain Reaction (PCR), Sequencing by Synthesis (SBS), Gene Synthesis, Site-Directed Mutagenesis) By End User (Academic and Research Institutions, Biotechnology and Pharmaceutical Companies, Contract Research Organizations (CROs), Hospitals and Diagnostic Labs)-Growth, Future Prospects & Competitive Analysis, 2022 – 2030

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Published: | Report ID: 23340 | Report Format : PDF

Market Insights

  • The global demand for electric track vehicle systems was valued at USD xx million in 2022 and is expected to reach USD xx million in 2030, growing at a CAGR of 5.90% between 2023 and 2030.
  • Metro and subway systems are the leading segments of the type of electric track vehicle. On the other hand, light rail transit (LRT) is expected to grow at a robust CAGR.
  • The leading application segment is urban transit.
  • The CAGR for manufacturing and logistics is expected to be the highest during the projection period.
  • North America dominated the electric track vehicle system market.
  • Europe is predicted to be the second-largest region in the electric track vehicle system market.
  • In the electric track vehicle systems market, Asia Pacific is anticipated to grow at the fastest rate.
  • The market for electric track vehicle systems is driven primarily by higher gasoline prices, rising interest in electric mining equipment, and a growing need for electric commercial vehicles.
  • Due to technical developments, rising demand for electric military and agricultural vehicles, and government assistance, there are numerous opportunities for growth in the market for electric track vehicle systems.

Electric Track Vehicle System Market

Executive Summary

Market Definition

The market for electric track vehicle systems refers to the economy sector concerned with creating, producing, and using electric-powered track-based transportation systems. These systems use electric propulsion to drive cars along predetermined tracks or guideways. They provide practical and environmentally friendly solutions for various applications, including public transportation, industrial material handling, and amusement parks. The construction of electric trains, trams, monorails, and other track-based vehicles, as well as the supporting infrastructure and technology, are all included in this market.

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Market Overview

The market for electric track vehicle systems has been expanding steadily in recent years, and between 2023 and 2030, it is anticipated to rise at a CAGR of 5.90%. The market was estimated to be worth USD xx million in 2022 and is anticipated to be worth USD xx million in 2030.

The rising demand for electric commercial vehicles significantly drives the market for electric track vehicle systems (ETVS). Electric commercial vehicles are suitable for urban delivery and transit services due to their lower emissions, quieter operation, and less harmful environmental impact. ETVS may play a significant role in enhancing urban mobility and reducing traffic. A strategic concern is lowering reliance on fossil fuels for commercial transportation. Electric commercial vehicles, including ETVS, contribute to energy security by reducing dependence on imported oil and diversifying energy sources.

Governments frequently provide financial incentives, such as grants, tax credits, and rebates, to lower electric vehicle prices, especially ETVS. ETVS is more economical for customers due to these incentives. By reducing the total cost of production and ownership and supporting infrastructure development, subsidies for electric vehicle producers can assist the market for ETVS growth.

The electric track vehicle system market is built on advances in battery technology. The widespread use of electric track vehicles depends on high-energy-density batteries with greater ranges, quicker charging, and better durability. Continuous advancement of increasingly effective and potent electric drivetrains improves the performance of ETVS and puts them on par with conventional cars.

Segmentation by Type of Electric Track Vehicle

  • By type of electric track vehicle, metro and subway systems are the market leader. One of the most prevalent types of ETVs utilized in metro and subway systems is EMUs. These railway sets have many vehicles, each with an electric traction motor. EMUs are noted for their acceleration and braking skills, which make them excellent for urban transit systems with frequent stops and starts.
  • During the projected period, the Light rail transit (LRT) category is anticipated to exhibit a sizable CAGR. The main ETVs used in light rail transit systems are LRVs. They are renowned for their energy economy, low emissions, and capacity to handle medium to high passenger capacities. They are built for urban and suburban transit.
  • Other types of electric track vehicles, such as monorails, automated guided vehicles (AGVs), tram systems, and high-speed rail, also contribute to the demand for electric track vehicle systems.

Segmentation by Application

  • The main application category is urban transit. Some urban transit systems use dual-mode vehicles that can run on standard railway lines and electric tracks, offering more connectivity options.
  • The interurban transit category will likely register a significant CAGR during forecasting. Regional maglev trains reduce travel times between neighboring cities in some locations by offering high-speed interurban transit services.
  • Other applications, such as industrial material handling, amusement parks, logistics and warehousing, and high-speed rail transport, also contribute to the demand for electric track vehicle systems.

Segmentation by End-User Industry

  • The category for manufacturing and logistics is anticipated to experience the highest CAGR during the projection period. ETVS facilitates the movement of materials within manufacturing and logistics facilities. This includes energy-clean and cost-effective material handling systems like electric forklifts, reach trucks, and pallet jacks.
  • Other end-user industries, such as public transportation, amusement parks and entertainment, passenger rail operators, freight rail operators, and high-speed rail operators, also contribute to the demand for electric track vehicle systems.

Segmentation by Region

  • North America led the electric track vehicle system market. Many North American cities have made investments to enhance their public transport networks. Urban transportation is greatly influenced by light rail, trams, and other electric track vehicles. The development of these systems is driving the market.
  • Europe is estimated to rank second in market size for electric track vehicle systems.
  • Asia Pacific will witness the most rapid electric track vehicle system market growth.
  • The rest of the world, including Latin America, the Middle East, and Africa, meets the rest of the electric track vehicle system demand.

Electric Track Vehicle System Market R (1)

Increasing fuel costs, expanding demand for electric mining vehicles, increasing need for power-driven commercial vehicles, and a rising need for public transportation powered by electricity are the factors that support the growth of the global market.

During the forecasting period, North America will probably rule the electric track vehicle system market. The hub of technical innovation is in North America. The ETVS market benefits from research and development in battery technology, autonomous vehicle development, and electric vehicle technology. Distribution and logistics facilities all over North America use ETVS. The demand for effective material handling and transportation has grown, boosting the ETVS market.

The Asia Pacific area is projected to grow fastest throughout the forecast. Intermodal solutions are frequently needed because of the Asia Pacific region’s large transportation networks, which include rail, road, and sea travel. ETVS is utilized to increase the effectiveness and long-term viability of these networks.

The global trend toward electrification in transportation, including electric track vehicles, is a significant driver. Governments and businesses increasingly invest in electrified public transit systems, railways, and material-handling cars to reduce emissions and promote sustainability.

Some cities in urban areas are implementing zero-emission or low-emission zones. ETVS, particularly in public transit, are crucial for adhering to these rules, enabling access to off-limits regions, and assisting municipalities in achieving their air quality objectives.

Key Highlights of the Report

The global electric track vehicle system market is segmented by type of electric track vehicle, application, end-user industry, and region. Regarding the type of electric track vehicle, metro, and subway systems are the market spearhead. Urban transit is the top application segment. During the forecast period, the manufacturing and logistics categories are expected to grow at the highest CAGR. North America is driving the electric track vehicle system market growth.

The operating costs of traditional internal combustion engine vehicles increase when fuel prices rise. ETVS, which runs on electricity, provides a more affordable option by reducing fuel costs. This financial incentive encourages people and companies to consider using electric track vehicles for their transportation requirements. The energy efficiency of ETVS is well established. Compared to conventional diesel or petrol vehicles, they have a lower cost per mile of operation. As fuel costs rise, this cost-efficiency becomes more attractive, making ETVS a more desirable choice for logistics companies, private car owners, and public transit organizations.

However, according to forecasts, North America will hold the largest market share for electric track vehicle systems globally. The general population is becoming more aware of and interested in electric transportation. This also includes the use of electric track vehicles in diverse settings. ETVS could be used for cargo transportation, surveillance, and military logistics. They can provide better mobility and less dependency on fuel. Additionally, the Asia-Pacific (APAC) region is assumed to have the sharpest growth in the market. Asia-Pacific nations are working more frequently on high-speed rail initiatives and creating regional transport networks using ETVS.

Which Key Factors Are Driving the Global Electric Track Vehicle System Market?

The leading drivers of the electric track vehicle system market are growing demand for electric public transportation, rising fuel rates, growing need for electric mining vehicles, and increasing demand for rechargeable commercial vehicles.

What Are the Key Challenges in The Global Market for Electric Track Vehicle Systems?

The issues impeding the market’s growth are high initial costs, limited charging infrastructure, technological limitations, and regulatory and safety standards.

What Market Opportunities Exist for Electric Track Vehicle System Globally?

The electric track vehicle system market has a lot of prospects for development due to technological advancements, growing demand for electric military vehicles, rising demand for power-driven agricultural vehicles, and government support.

Market Drivers

Several factors influence the market for electric track vehicle systems globally. The main factors influencing the market for electric track vehicle systems globally are as follows:

Growing Demand for Electric Public Transportation

Governments and municipalities are looking for cleaner and more environmentally friendly public transport options due to rising environmental consciousness and the need to minimize greenhouse gas emissions. Many countries and regions have set high goals for reducing carbon emissions. They can more successfully achieve these goals by switching public transit systems to electric track vehicles. ETVS are frequently more energy-efficient than conventional buses or trams, making them a desirable alternative for public transport agencies aiming to lower operating costs and enhance the energy efficiency of their fleets. Electric track vehicles often have cheaper running costs than their diesel or gasoline-powered competitors. This cost-effectiveness can be a powerful incentive for companies that supply public transport.

Market Restraints

Several challenges could prevent the expansion of the global electric track vehicle system market. Among them are the following:

High Initial Costs

The cost of advanced electric drivetrains, specialized parts, and battery technology are why ETVS often have a higher initial purchase price than conventional vehicles. These extraordinary expenses may discourage potential customers, particularly in regions where price sensitivity is a significant concern. For companies and organizations, the greater upfront expenditures may have an impact on whether implementing ETVS would be profitable. The move to electric vehicles may be less tempting due to the potential for a lengthier return on investment (ROI) time. ETVS may become more expensive for individual users because of high initial costs. The initial cost can deter people from buying electric track vehicles for personal use, even with long-term savings on gasoline and maintenance.

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Opportunities

The global market for electric track vehicle systems presents significant potential opportunities. The following is an example of these:

Growing Demand for Electric Military Vehicles

Military electric vehicles are known for their energy efficiency and lower operating costs than conventional internal combustion engines. Because of this, ETVS is a desirable option for military applications because it may result in long-term cost reductions. Using electric vehicles reduces the environmental impact of military operations because they have no exhaust emissions. This aligns with ecological objectives at a worldwide level and can strengthen a military’s commitment to sustainability. Electric track vehicles are quieter than conventional equivalents, reducing the noise signature. This lowered acoustic profile can be helpful when it comes to military activities, where stealth and low detection are paramount. Military vehicles powered by electricity often have fewer moving parts and fewer maintenance requirements than those powered by internal combustion engines. Military units may have less downtime and spend less money on maintenance.

Competitive Landscape

Electric Track Vehicle System Market C (1)

Key Players

The global electric track vehicle systems market is very competitive, with many influential players. Some of the leading market participants and their corresponding market shares are listed below:

  • Siemens Mobility
  • Alstom
  • Bombardier Transportation
  • CRRC Corporation Limited
  • ABB
  • Kawasaki Heavy Industries
  • CAF Group
  • Talgo
  • Stadler Rail
  • BYD Company Limited
  • Skoda Transportation
  • Others

These companies make mergers and acquisitions, expanding their distribution network and developing new products a priority to remain competitive in the market.

The leading competitors in the global electric track vehicle systems market are constantly looking for ways to get an advantage by releasing new items and advancements.

In September 2023, The Mireo Plus H hydrogen-powered train finished its initial test runs with Siemens Mobility in Bavaria. On the Bayerische Regiobahn (BRB) rail network, the two-car trainset will begin carrying passengers in the middle of 2024 on routes between Augsburg and Füssen and Augsburg and Peissenberg. The State of Bavaria is supporting the 30-month-long pilot operations of the train. In 2021, Siemens Mobility and Bavaria signed a development partnership.

In December 2022, BYD Launched its K9 electric bus. A single charge of the double-decker bus known as the K9 may take up to 1,000 km.

Summary of Key Findings

  • The electric track vehicle system sector continues growing due to reimbursement regulations and rising demand for electrically powered public transportation.
  • The market is segmented by type of electric track vehicle, application, end-user industry, and region.
  • Metro and subway systems are the market’s most popular electric track vehicle types.
  • The most ubiquitous application fragment is urban transit.
  • Regarding CAGR, the manufacturing and logistics industries are expected to grow fastest during the forecast period.
  • North America is leading market development; the market is highly competitive with key players including Siemens Mobility, Alstom, Bombardier Transportation, CRRC Corporation Limited, ABB, Kawasaki Heavy Industries, CAF Group, Talgo, Stadler Rail, BYD Company Limited, Skoda Transportation, and others.

Future Outlook

  • Optimistic viewpoint for the global electric track vehicle system market with noteworthy growth potential in the North American region.
  • One of the primary factors propelling the market growth for electric track vehicle systems is the escalating demand for electric commercial vehicles.
  • During the projected period, the high initial charges for electric track vehicle systems might significantly challenge the market’s expansion.
  • Foremost companies must concentrate on product innovation, expanding their market reach, and maintaining competitive pricing to stay ahead.

Segmentation

  • By Type of Electric Track Vehicle
    • Light Rail Transit (LRT)
    • Metro and Subway Systems
    • Monorails
    • Automated Guided Vehicles (AGVs)
    • Tram Systems
    • High-Speed Rail
  • By Application
    • Urban Transit
    • Interurban Transit
    • Industrial Material Handling
    • Amusement Parks
    • Logistics and Warehousing
    • High-Speed Rail Transport
  • By End-User Industry
    • Public Transportation
    • Manufacturing and Logistics
    • Amusement Parks and Entertainment
    • Passenger Rail Operators
    • Freight Rail Operators
    • High-Speed Rail Operators
  • By Region
    • North America
      • The U.S.
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • The U.K.
      • Italy
      • Spain
      • Rest of Europe
    • Asia Pacific
      • China
      • Japan
      • India
      • South Korea
      • South-east Asia
      • Rest of Asia Pacific
    • Latin America
      • Brazil
      • Argentina
      • Rest of Latin America
    • Middle East & Africa
      • GCC Countries
      • South Africa
      • Rest of the Middle East and Africa

Adjacent Markets

There are several related markets in the electric track vehicle system industry with significant potential for revenue growth. The major markets adjacent to the electric track vehicle system market –

Electric Track Vehicle System Market A (1)

1. Preface

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. Target Audience

1.1.3. USP and Key Offerings

1.2. Research Scope

1.3. Market Introduction

 

2. Executive Summary

2.1. Market Snapshot: Global Electric Track Vehicle System Market

2.1.1. Global Electric Track Vehicle System Market, By Type of Electric Track Vehicle

2.1.2. Global Electric Track Vehicle System Market, By Application

2.1.3. Global Electric Track Vehicle System Market, By End-User Industry

2.1.4. Global Electric Track Vehicle System Market, By Region

2.2. Insights from Primary Respondents

 

3. Market Dynamics & Factors Analysis

3.1. Introduction

3.1.1. Global Electric Track Vehicle System Market Value, 2017-2030, (US$ Mn)

3.1.2. Y-o-Y Growth Trend Analysis

3.2. Market Dynamics

3.2.1. Electric Track Vehicle System Market Drivers

3.2.2. Electric Track Vehicle System Market Restraints

3.2.3. Electric Track Vehicle System Market Opportunities

3.2.4. Major Electric Track Vehicle System Industry Challenges

3.3. Growth and Development Patterns

3.4. Investment Feasibility Analysis

3.5. Market Opportunity Analysis

3.5.1. Type of Electric Track Vehicle

3.5.2. Application

3.5.3. End-User Industry

3.5.4. Geography

 

4. Market Competitive Landscape Analysis

4.1. Company Market Share Analysis, 2022

4.1.1. Global Electric Track Vehicle System Market: Company Market Share, Value 2022

4.1.2. Global Electric Track Vehicle System Market: Top 6 Company Market Share, Value 2022

4.1.3. Global Electric Track Vehicle System Market: Top 3 Company Market Share, Value 2022

4.2. Global Electric Track Vehicle System Market: Company Revenue Share Analysis, 2022

4.3. Company Assessment Metrics, 2022

4.3.1. Stars

4.3.2. Emerging Leaders

4.3.3. Pervasive Players

4.3.4. Participants

4.4. Startups/ SMEs Assessment Metrics, 2022

4.4.1. Progressive Companies

4.4.2. Responsive Companies

4.4.3. Dynamic Companies

4.4.4. Starting Blocks

4.5. Strategic Development

4.5.1. Acquisition and Mergers

4.5.2. New Product Launch

4.5.3. Regional Expansion

4.5.4. Partnerships

4.6. Key Player Product Matrix

4.7. Potential for New Players in the Global Electric Track Vehicle System Market

 

5. Premium Insights

5.1. STAR (Situation, Task, Action, Results) Analysis

5.2. Porter’s Five Forces Analysis

5.2.1. Threat of New Entrants

5.2.2. Bargaining Power of Buyers/Consumers

5.2.3. Bargaining Power of Suppliers

5.2.4. Threat of Substitute Types

5.2.5. Intensity of Competitive Rivalry

5.3. PESTEL Analysis

5.3.1. Political Factors

5.3.2. Economic Factors

5.3.3. Social Factors

5.3.4. Technological Factors

5.3.5. Environmental Factors

5.3.6. Legal Factors

5.4. Key Market Trends

5.4.1. Demand Side Trends

5.4.2. Supply Side Trends

5.5. Value Chain Analysis

5.6. Technology Analysis

5.6.1. Research and development in the global market

5.6.2. Patent Analysis

5.6.3. Emerging technologies and their potential disruption to the market

5.7. Consumer Behaviour Analysis

5.7.1. Consumer Preferences and Expectations

5.7.2. Factors Influencing Consumer Buying Decisions

5.7.2.1. North America

5.7.2.2. Europe

5.7.2.3. Asia Pacific

5.7.2.4. Latin America

5.7.2.5. Middle East and Africa

5.7.3. Consumer Pain Points

5.8. Analysis and Recommendations

5.9. Adjacent Market Analysis

 

6. Market Positioning of Key Players, 2022

6.1. Company market share of key players, 2022

6.2. Competitive Benchmarking

6.3. Market Positioning of Key Vendors

6.4. Geographical Presence Analysis

6.5. Major Strategies Adopted by Key Players

6.5.1. Key Strategies Analysis

6.5.2. Mergers and Acquisitions

6.5.3. Partnerships

6.5.4. Product Launch

6.5.5. Geographical Expansion

6.5.6. Others

 

7. Impact Analysis of COVID 19 and Russia – Ukraine War on Electric Track Vehicle System Market

7.1. Ukraine-Russia War Impact

7.1.1. Uncertainty and Economic Instability

7.1.2. Supply chain disruptions

7.1.3. Regional market shifts

7.1.4. Shift in government priorities

7.2. COVID-19 Impact Analysis

7.2.1. Supply Chain Disruptions

7.2.2. Demand Fluctuations

7.2.3. Shift in Product Mix

7.2.4. Reduced Industrial Activity

7.2.5. Regional Impact Analysis

7.2.5.1. North America

7.2.5.2. Europe

7.2.5.3. Asia Pacific

7.2.5.4. Latin America

7.2.5.5. Middle East and Africa

 

8. Global Electric Track Vehicle System Market, By Type of Electric Track Vehicle

8.1. Global Electric Track Vehicle System Market Overview, by Type of Electric Track Vehicle

8.1.1. Global Electric Track Vehicle System Market Revenue Share, By Type of Electric Track Vehicle, 2022 Vs 2030 (in %)

8.2. Light Rail Transit (LRT)

8.2.1. Global Electric Track Vehicle System Market, By Light Rail Transit (LRT), By Region, 2017-2030 (US$ Mn)

8.2.2. Market Dynamics for Light Rail Transit (LRT)

8.2.2.1. Drivers

8.2.2.2. Restraints

8.2.2.3. Opportunities

8.2.2.4. Trends

8.3. Metro and Subway Systems

8.3.1. Global Electric Track Vehicle System Market, By Metro and Subway Systems, By Region, 2017-2030 (US$ Mn)

8.3.2. Market Dynamics for Metro and Subway Systems

8.3.2.1. Drivers

8.3.2.2. Restraints

8.3.2.3. Opportunities

8.3.2.4. Trends

8.4. Monorails

8.4.1. Global Electric Track Vehicle System Market, By Monorails, By Region, 2017-2030 (US$ Mn)

8.4.2. Market Dynamics for Monorails

8.4.2.1. Drivers

8.4.2.2. Restraints

8.4.2.3. Opportunities

8.4.2.4. Trends

8.5. Automated Guided Vehicles (AGVs)

8.5.1. Global Electric Track Vehicle System Market, By Automated Guided Vehicles (AGVs), By Region, 2017-2030 (US$ Mn)

8.5.2. Market Dynamics for Automated Guided Vehicles (AGVs)

8.5.2.1. Drivers

8.5.2.2. Restraints

8.5.2.3. Opportunities

8.5.2.4. Trends

8.6. Tram Systems

8.6.1. Global Electric Track Vehicle System Market, By Tram Systems, By Region, 2017-2030 (US$ Mn)

8.6.2. Market Dynamics for Tram Systems

8.6.2.1. Drivers

8.6.2.2. Restraints

8.6.2.3. Opportunities

8.6.2.4. Trends

8.7. High-Speed Rail

8.7.1. Global Electric Track Vehicle System Market, By High-Speed Rail, By Region, 2017-2030 (US$ Mn)

8.7.2. Market Dynamics for High-Speed Rail

8.7.2.1. Drivers

8.7.2.2. Restraints

8.7.2.3. Opportunities

8.7.2.4. Trends

 

9. Global Electric Track Vehicle System Market, By Application

9.1. Global Electric Track Vehicle System Market Overview, by Application

9.1.1. Global Electric Track Vehicle System Market Revenue Share, By Application, 2022 Vs 2030 (in %)

9.2. Urban Transit

9.2.1. Global Electric Track Vehicle System Market, By Urban Transit, By Region, 2017-2030 (US$ Mn)

9.2.2. Market Dynamics for Urban Transit

9.2.2.1. Drivers

9.2.2.2. Restraints

9.2.2.3. Opportunities

9.2.2.4. Trends

9.3. Interurban Transit

9.3.1. Global Electric Track Vehicle System Market, By Interurban Transit, By Region, 2017-2030 (US$ Mn)

9.3.2. Market Dynamics for Interurban Transit

9.3.2.1. Drivers

9.3.2.2. Restraints

9.3.2.3. Opportunities

9.3.2.4. Trends

9.4. Industrial Material Handling

9.4.1. Global Electric Track Vehicle System Market, By Industrial Material Handling, By Region, 2017-2030 (US$ Mn)

9.4.2. Market Dynamics for Industrial Material Handling

9.4.2.1. Drivers

9.4.2.2. Restraints

9.4.2.3. Opportunities

9.4.2.4. Trends

9.5. Amusement Parks

9.5.1. Global Electric Track Vehicle System Market, By Amusement Parks, By Region, 2017-2030 (US$ Mn)

9.5.2. Market Dynamics for Amusement Parks

9.5.2.1. Drivers

9.5.2.2. Restraints

9.5.2.3. Opportunities

9.5.2.4. Trends

9.6. Logistics and Warehousing

9.6.1. Global Electric Track Vehicle System Market, By Logistics and Warehousing, By Region, 2017-2030 (US$ Mn)

9.6.2. Market Dynamics for Logistics and Warehousing

9.6.2.1. Drivers

9.6.2.2. Restraints

9.6.2.3. Opportunities

9.6.2.4. Trends

9.7. High-Speed Rail Transport

9.7.1. Global Electric Track Vehicle System Market, By High-Speed Rail Transport, By Region, 2017-2030 (US$ Mn)

9.7.2. Market Dynamics for High-Speed Rail Transport

9.7.2.1. Drivers

9.7.2.2. Restraints

9.7.2.3. Opportunities

9.7.2.4. Trends

 

10. Global Electric Track Vehicle System Market, By End-User Industry

10.1. Global Electric Track Vehicle System Market Overview, by End-User Industry

10.1.1. Global Electric Track Vehicle System Market Revenue Share, By End-User Industry, 2022 Vs 2030 (in %)

10.2. Public Transportation

10.2.1. Global Electric Track Vehicle System Market, By Public Transportation, By Region, 2017-2030 (US$ Mn)

10.2.2. Market Dynamics for Public Transportation

10.2.2.1. Drivers

10.2.2.2. Restraints

10.2.2.3. Opportunities

10.2.2.4. Trends

10.3. Manufacturing and Logistics

10.3.1. Global Electric Track Vehicle System Market, By Manufacturing and Logistics, By Region, 2017-2030 (US$ Mn)

10.3.2. Market Dynamics for Manufacturing and Logistics

10.3.2.1. Drivers

10.3.2.2. Restraints

10.3.2.3. Opportunities

10.3.2.4. Trends

10.4. Amusement Parks and Entertainment

10.4.1. Global Electric Track Vehicle System Market, By Amusement Parks and Entertainment, By Region, 2017-2030 (US$ Mn)

10.4.2. Market Dynamics for Amusement Parks and Entertainment

10.4.2.1. Drivers

10.4.2.2. Restraints

10.4.2.3. Opportunities

10.4.2.4. Trends

10.5. Passenger Rail Operators

10.5.1. Global Electric Track Vehicle System Market, By Passenger Rail Operators, By Region, 2017-2030 (US$ Mn)

10.5.2. Market Dynamics for Passenger Rail Operators

10.5.2.1. Drivers

10.5.2.2. Restraints

10.5.2.3. Opportunities

10.5.2.4. Trends

10.6. Freight Rail Operators

10.6.1. Global Electric Track Vehicle System Market, By Freight Rail Operators, By Region, 2017-2030 (US$ Mn)

10.6.2. Market Dynamics for Freight Rail Operators

10.6.2.1. Drivers

10.6.2.2. Restraints

10.6.2.3. Opportunities

10.6.2.4. Trends

10.7. High-Speed Rail Operators

10.7.1. Global Electric Track Vehicle System Market, By High-Speed Rail Operators, By Region, 2017-2030 (US$ Mn)

10.7.2. Market Dynamics for High-Speed Rail Operators

10.7.2.1. Drivers

10.7.2.2. Restraints

10.7.2.3. Opportunities

10.7.2.4. Trends

 

11. Global Electric Track Vehicle System Market, By Region

11.1. Global Electric Track Vehicle System Market Overview, by Region

11.1.1. Global Electric Track Vehicle System Market, By Region, 2022 vs 2030 (in%)

11.2. Type of Electric Track Vehicle

11.2.1. Global Electric Track Vehicle System Market, By Type of Electric Track Vehicle, 2017-2030 (US$ Mn)

11.3. Application

11.3.1. Global Electric Track Vehicle System Market, By Application, 2017-2030 (US$ Mn)

11.4. End-User Industry

11.4.1. Global Electric Track Vehicle System Market, By End-User Industry, 2017-2030 (US$ Mn)

 

12. North America Electric Track Vehicle System Market Analysis

12.1. Overview

12.1.1. Market Dynamics for North America

12.1.1.1. Drivers

12.1.1.2. Restraints

12.1.1.3. Opportunities

12.1.1.4. Trends

12.2. North America Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2030(US$ Mn)

12.2.1. Overview

12.2.2. SRC Analysis

12.3. North America Electric Track Vehicle System Market, by Application, 2017-2030(US$ Mn)

12.3.1. Overview

12.3.2. SRC Analysis

12.4. North America Electric Track Vehicle System Market, by End-User Industry, 2017-2030(US$ Mn)

12.4.1. Overview

12.4.2. SRC Analysis

12.5. North America Electric Track Vehicle System Market, by Country, 2017-2030 (US$ Mn)

12.5.1. North America Electric Track Vehicle System Market, by Country, 2022 Vs 2030 (in%)

12.5.2. U.S.

12.5.3. Canada

12.5.4. Mexico

 

13. Europe Electric Track Vehicle System Market Analysis

13.1. Overview

13.1.1. Market Dynamics for Europe

13.1.1.1. Drivers

13.1.1.2. Restraints

13.1.1.3. Opportunities

13.1.1.4. Trends

13.2. Europe Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2030(US$ Mn)

13.2.1. Overview

13.2.2. SRC Analysis

13.3. Europe Electric Track Vehicle System Market, by Application, 2017-2030(US$ Mn)

13.3.1. Overview

13.3.2. SRC Analysis

13.4. Europe Electric Track Vehicle System Market, by End-User Industry, 2017-2030(US$ Mn)

13.4.1. Overview

13.4.2. SRC Analysis

13.5. Europe Electric Track Vehicle System Market, by Country, 2017-2030 (US$ Mn)

13.5.1. Europe Electric Track Vehicle System Market, by Country, 2022 Vs 2030 (in%)

13.5.2. UK

13.5.3. France

13.5.4. Germany

13.5.5. Italy

13.5.6. Spain

13.5.7. Benelux

13.5.8. Russia

13.5.9. Rest of Europe

 

14. Asia Pacific Electric Track Vehicle System Market Analysis

14.1. Overview

14.1.1. Market Dynamics for Asia Pacific

14.1.1.1. Drivers

14.1.1.2. Restraints

14.1.1.3. Opportunities

14.1.1.4. Trends

14.2. Asia Pacific Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2030(US$ Mn)

14.2.1. Overview

14.2.2. SRC Analysis

14.3. Asia Pacific Electric Track Vehicle System Market, by Application, 2017-2030(US$ Mn)

14.3.1. Overview

14.3.2. SRC Analysis

14.4. Asia Pacific Electric Track Vehicle System Market, by End-User Industry, 2017-2030(US$ Mn)

14.4.1. Overview

14.4.2. SRC Analysis

14.5. Asia Pacific Electric Track Vehicle System Market, by Country, 2017-2030 (US$ Mn)

14.5.1. Asia Pacific Electric Track Vehicle System Market, by Country, 2022 Vs 2030 (in%)

14.5.2. China

14.5.3. Japan

14.5.4. India

14.5.5. South Korea

14.5.6. South East Asia

14.5.7. Rest of Asia Pacific

 

15. Latin America Electric Track Vehicle System Market Analysis

15.1. Overview

15.1.1. Market Dynamics for Latin America

15.1.1.1. Drivers

15.1.1.2. Restraints

15.1.1.3. Opportunities

15.1.1.4. Trends

15.2. Latin America Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2030(US$ Mn)

15.2.1. Overview

15.2.2. SRC Analysis

15.3. Latin America Electric Track Vehicle System Market, by Application, 2017-2030(US$ Mn)

15.3.1. Overview

15.3.2. SRC Analysis

15.4. Latin America Electric Track Vehicle System Market, by End-User Industry, 2017-2030(US$ Mn)

15.4.1. Overview

15.4.2. SRC Analysis

15.5. Latin America Electric Track Vehicle System Market, by Country, 2017-2030 (US$ Mn)

15.5.1. Latin America Electric Track Vehicle System Market, by Country, 2022 Vs 2030 (in%)

15.5.2. Brazil

15.5.3. Argentina

15.5.4. Rest of Latin America

 

16. Middle East Electric Track Vehicle System Market Analysis

16.1. Overview

16.1.1. Market Dynamics for Middle East

16.1.1.1. Drivers

16.1.1.2. Restraints

16.1.1.3. Opportunities

16.1.1.4. Trends

16.2. Middle East Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2030(US$ Mn)

16.2.1. Overview

16.2.2. SRC Analysis

16.3. Middle East Electric Track Vehicle System Market, by Application, 2017-2030(US$ Mn)

16.3.1. Overview

16.3.2. SRC Analysis

16.4. Middle East Electric Track Vehicle System Market, by End-User Industry, 2017-2030(US$ Mn)

16.4.1. Overview

16.4.2. SRC Analysis

16.5. Middle East Electric Track Vehicle System Market, by Country, 2017-2030 (US$ Mn)

16.5.1. Middle East Electric Track Vehicle System Market, by Country, 2022 Vs 2030 (in%)

16.5.2. UAE

16.5.3. Saudi Arabia

16.5.4. Rest of Middle East

 

17. Africa Electric Track Vehicle System Market Analysis

17.1. Overview

17.1.1. Market Dynamics for Africa

17.1.1.1. Drivers

17.1.1.2. Restraints

17.1.1.3. Opportunities

17.1.1.4. Trends

17.2. Africa Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2030(US$ Mn)

17.2.1. Overview

17.2.2. SRC Analysis

17.3. Africa Electric Track Vehicle System Market, by Application, 2017-2030(US$ Mn)

17.3.1. Overview

17.3.2. SRC Analysis

17.4. Africa Electric Track Vehicle System Market, by End-User Industry, 2017-2030(US$ Mn)

17.4.1. Overview

17.4.2. SRC Analysis

17.5. Africa Electric Track Vehicle System Market, by Country, 2017-2030 (US$ Mn)

17.5.1. Africa Electric Track Vehicle System Market, by Country, 2022 Vs 2030 (in%)

17.5.2. South Africa

17.5.3. Egypt

17.5.4. Rest of Africa

 

18. Company Profiles

18.1. Siemens Mobility

18.1.1. Company Overview

18.1.2. Products/Services Portfolio

18.1.3. Geographical Presence

18.1.4. SWOT Analysis

18.1.5. Financial Summary

18.1.5.1. Market Revenue and Net Profit (2019-2022)

18.1.5.2. Business Segment Revenue Analysis

18.1.5.3. Geographical Revenue Analysis

18.2. Alstom

18.3. Bombardier Transportation

18.4. CRRC Corporation Limited

18.5. ABB

18.6. Kawasaki Heavy Industries

18.7. CAF Group

18.8. Talgo

18.9. Stadler Rail

18.10. BYD Company Limited

18.11. Skoda Transportation

18.12. Others

 

19. Research Methodology

19.1. Research Methodology

19.2. Phase I – Secondary Research

19.3. Phase II – Data Modelling

19.3.1. Company Share Analysis Model

19.3.2. Revenue Based Modelling

19.4. Phase III – Primary Research

19.5. Research Limitations

19.5.1. Assumptions

List of Figures

FIG. 1 Global Electric Track Vehicle System Market: Research Methodology

FIG. 2 Market Size Estimation – Top Down & Bottom up Approach

FIG. 3 Global Electric Track Vehicle System Market Segmentation

FIG. 4 Global Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2022 (US$ Mn)

FIG. 5 Global Electric Track Vehicle System Market, by Application, 2022 (US$ Mn)

FIG. 6 Global Electric Track Vehicle System Market, by End-User Industry, 2022 (US$ Mn)

FIG. 7 Global Electric Track Vehicle System Market, by Geography, 2022 (US$ Mn)

FIG. 8 Attractive Investment Proposition, by Type of Electric Track Vehicle, 2022

FIG. 9 Attractive Investment Proposition, by Application, 2022

FIG. 10 Attractive Investment Proposition, by End-User Industry, 2022

FIG. 11 Attractive Investment Proposition, by Geography, 2022

FIG. 12 Global Market Share Analysis of Key Electric Track Vehicle System Market Manufacturers, 2022

FIG. 13 Global Market Positioning of Key Electric Track Vehicle System Market Manufacturers, 2022

FIG. 14 Global Electric Track Vehicle System Market Value Contribution, By Type of Electric Track Vehicle, 2022 & 2030 (Value %)

FIG. 15 Global Electric Track Vehicle System Market, by Light Rail Transit (LRT), Value, 2017-2030 (US$ Mn)

FIG. 16 Global Electric Track Vehicle System Market, by Metro and Subway Systems, Value, 2017-2030 (US$ Mn)

FIG. 17 Global Electric Track Vehicle System Market, by Monorails, Value, 2017-2030 (US$ Mn)

FIG. 18 Global Electric Track Vehicle System Market, by Automated Guided Vehicles (AGVs), Value, 2017-2030 (US$ Mn)

FIG. 19 Global Electric Track Vehicle System Market, by Tram Systems, Value, 2017-2030 (US$ Mn)

FIG. 20 Global Electric Track Vehicle System Market, by High-Speed Rail, Value, 2017-2030 (US$ Mn)

FIG. 21 Global Electric Track Vehicle System Market Value Contribution, By Application, 2022 & 2030 (Value %)

FIG. 22 Global Electric Track Vehicle System Market, by Urban Transit, Value, 2017-2030 (US$ Mn)

FIG. 23 Global Electric Track Vehicle System Market, by Interurban Transit, Value, 2017-2030 (US$ Mn)

FIG. 24 Global Electric Track Vehicle System Market, by Industrial Material Handling, Value, 2017-2030 (US$ Mn)

FIG. 25 Global Electric Track Vehicle System Market, by Amusement Parks, Value, 2017-2030 (US$ Mn)

FIG. 26 Global Electric Track Vehicle System Market, by Logistics and Warehousing, Value, 2017-2030 (US$ Mn)

FIG. 27 Global Electric Track Vehicle System Market, by High-Speed Rail Transport, Value, 2017-2030 (US$ Mn)

FIG. 28 Global Electric Track Vehicle System Market Value Contribution, By End-User Industry, 2022 & 2030 (Value %)

FIG. 29 Global Electric Track Vehicle System Market, by Public Transportation, Value, 2017-2030 (US$ Mn)

FIG. 30 Global Electric Track Vehicle System Market, by Manufacturing and Logistics, Value, 2017-2030 (US$ Mn)

FIG. 31 Global Electric Track Vehicle System Market, by Amusement Parks and Entertainment, Value, 2017-2030 (US$ Mn)

FIG. 32 Global Electric Track Vehicle System Market, by Passenger Rail Operators, Value, 2017-2030 (US$ Mn)

FIG. 33 Global Electric Track Vehicle System Market, by Freight Rail Operators, Value, 2017-2030 (US$ Mn)

FIG. 34 Global Electric Track Vehicle System Market, by High-Speed Rail Operators, Value, 2017-2030 (US$ Mn)

FIG. 35 North America Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 36 U.S. Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 37 Canada Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 38 Mexico Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 39 Europe Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 40 Germany Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 41 France Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 42 U.K. Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 43 Italy Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 44 Spain Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 45 Benelux Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 46 Russia Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 47 Rest of Europe Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 48 Asia Pacific Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 49 China Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 50 Japan Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 51 India Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 52 South Korea Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 53 South-East Asia Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 54 Rest of Asia Pacific Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 55 Latin America Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 56 Brazil Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 57 Argentina Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 58 Rest of Latin America Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 59 Middle East Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 60 UAE Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 61 Saudi Arabia Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 62 Rest of Middle East Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 63 Africa Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 64 South Africa Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 65 Egypt Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

FIG. 66 Rest of Africa Electric Track Vehicle System Market, 2017-2030 (US$ Mn)

 

List of Tables

TABLE 1 Market Snapshot: Global Electric Track Vehicle System Market

TABLE 2 Global Electric Track Vehicle System Market: Market Drivers Impact Analysis

TABLE 3 Global Electric Track Vehicle System Market: Market Restraints Impact Analysis

TABLE 4 Global Electric Track Vehicle System Market, by Competitive Benchmarking, 2022

TABLE 5 Global Electric Track Vehicle System Market, by Geographical Presence Analysis, 2022

TABLE 6 Global Electric Track Vehicle System Market, by Key Strategies Analysis, 2022

TABLE 7 Global Electric Track Vehicle System Market, by Light Rail Transit (LRT), By Region, 2017-2022 (US$ Mn)

TABLE 8 Global Electric Track Vehicle System Market, by Light Rail Transit (LRT), By Region, 2023-2030 (US$ Mn)

TABLE 9 Global Electric Track Vehicle System Market, by Metro and Subway Systems, By Region, 2017-2022 (US$ Mn)

TABLE 10 Global Electric Track Vehicle System Market, by Metro and Subway Systems, By Region, 2023-2030 (US$ Mn)

TABLE 11 Global Electric Track Vehicle System Market, by Monorails, By Region, 2017-2022 (US$ Mn)

TABLE 12 Global Electric Track Vehicle System Market, by Monorails, By Region, 2023-2030 (US$ Mn)

TABLE 13 Global Electric Track Vehicle System Market, by Automated Guided Vehicles (AGVs), By Region, 2017-2022 (US$ Mn)

TABLE 14 Global Electric Track Vehicle System Market, by Automated Guided Vehicles (AGVs), By Region, 2023-2030 (US$ Mn)

TABLE 15 Global Electric Track Vehicle System Market, by Tram Systems, By Region, 2017-2022 (US$ Mn)

TABLE 16 Global Electric Track Vehicle System Market, by Tram Systems, By Region, 2023-2030 (US$ Mn)

TABLE 17 Global Electric Track Vehicle System Market, by High-Speed Rail, By Region, 2017-2022 (US$ Mn)

TABLE 18 Global Electric Track Vehicle System Market, by High-Speed Rail, By Region, 2023-2030 (US$ Mn)

TABLE 19 Global Electric Track Vehicle System Market, by Urban Transit, By Region, 2017-2022 (US$ Mn)

TABLE 20 Global Electric Track Vehicle System Market, by Urban Transit, By Region, 2023-2030 (US$ Mn)

TABLE 21 Global Electric Track Vehicle System Market, by Interurban Transit, By Region, 2017-2022 (US$ Mn)

TABLE 22 Global Electric Track Vehicle System Market, by Interurban Transit, By Region, 2023-2030 (US$ Mn)

TABLE 23 Global Electric Track Vehicle System Market, by Industrial Material Handling, By Region, 2017-2022 (US$ Mn)

TABLE 24 Global Electric Track Vehicle System Market, by Industrial Material Handling, By Region, 2023-2030 (US$ Mn)

TABLE 25 Global Electric Track Vehicle System Market, by Amusement Parks, By Region, 2017-2022 (US$ Mn)

TABLE 26 Global Electric Track Vehicle System Market, by Amusement Parks, By Region, 2023-2030 (US$ Mn)

TABLE 27 Global Electric Track Vehicle System Market, by Logistics and Warehousing, By Region, 2017-2022 (US$ Mn)

TABLE 28 Global Electric Track Vehicle System Market, by Logistics and Warehousing, By Region, 2023-2030 (US$ Mn)

TABLE 29 Global Electric Track Vehicle System Market, by High-Speed Rail Transport, By Region, 2017-2022 (US$ Mn)

TABLE 30 Global Electric Track Vehicle System Market, by High-Speed Rail Transport, By Region, 2023-2030 (US$ Mn)

TABLE 31 Global Electric Track Vehicle System Market, by Public Transportation, By Region, 2017-2022 (US$ Mn)

TABLE 32 Global Electric Track Vehicle System Market, by Public Transportation, By Region, 2023-2030 (US$ Mn)

TABLE 33 Global Electric Track Vehicle System Market, by Manufacturing and Logistics, By Region, 2017-2022 (US$ Mn)

TABLE 34 Global Electric Track Vehicle System Market, by Manufacturing and Logistics, By Region, 2023-2030 (US$ Mn)

TABLE 35 Global Electric Track Vehicle System Market, by Amusement Parks and Entertainment, By Region, 2017-2022 (US$ Mn)

TABLE 36 Global Electric Track Vehicle System Market, by Amusement Parks and Entertainment, By Region, 2023-2030 (US$ Mn)

TABLE 37 Global Electric Track Vehicle System Market, by Passenger Rail Operators, By Region, 2017-2022 (US$ Mn)

TABLE 38 Global Electric Track Vehicle System Market, by Passenger Rail Operators, By Region, 2023-2030 (US$ Mn)

TABLE 39 Global Electric Track Vehicle System Market, by Freight Rail Operators, By Region, 2017-2022 (US$ Mn)

TABLE 40 Global Electric Track Vehicle System Market, by Freight Rail Operators, By Region, 2023-2030 (US$ Mn)

TABLE 41 Global Electric Track Vehicle System Market, by High-Speed Rail Operators, By Region, 2017-2022 (US$ Mn)

TABLE 42 Global Electric Track Vehicle System Market, by High-Speed Rail Operators, By Region, 2023-2030 (US$ Mn)

TABLE 43 Global Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 44 Global Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 45 Global Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 46 Global Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 47 Global Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 48 Global Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 49 Global Electric Track Vehicle System Market, by Region, 2017-2022 (US$ Mn)

TABLE 50 Global Electric Track Vehicle System Market, by Region, 2023-2030 (US$ Mn)

TABLE 51 North America Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 52 North America Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 53 North America Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 54 North America Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 55 North America Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 56 North America Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 57 North America Electric Track Vehicle System Market, by Country, 2017-2022 (US$ Mn)

TABLE 58 North America Electric Track Vehicle System Market, by Country, 2023-2030 (US$ Mn)

TABLE 59 United States Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 60 United States Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 61 United States Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 62 United States Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 63 United States Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 64 United States Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 65 Canada Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 66 Canada Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 67 Canada Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 68 Canada Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 69 Canada Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 70 Canada Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 71 Mexico Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 72 Mexico Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 73 Mexico Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 74 Mexico Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 75 Mexico Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 76 Mexico Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 77 Europe Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 78 Europe Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 79 Europe Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 80 Europe Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 81 Europe Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 82 Europe Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 83 Europe Electric Track Vehicle System Market, by Country, 2017-2022 (US$ Mn)

TABLE 84 Europe Electric Track Vehicle System Market, by Country, 2023-2030 (US$ Mn)

TABLE 85 Germany Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 86 Germany Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 87 Germany Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 88 Germany Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 89 Germany Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 90 Germany Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 91 France Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 92 France Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 93 France Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 94 France Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 95 France Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 96 France Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 97 United Kingdom Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 98 United Kingdom Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 99 United Kingdom Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 100 United Kingdom Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 101 United Kingdom Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 102 United Kingdom Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 103 Italy Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 104 Italy Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 105 Italy Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 106 Italy Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 107 Italy Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 108 Italy Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 109 Spain Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 110 Spain Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 111 Spain Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 112 Spain Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 113 Spain Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 114 Spain Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 115 Benelux Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 116 Benelux Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 117 Benelux Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 118 Benelux Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 119 Benelux Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 120 Benelux Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 121 Russia Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 122 Russia Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 123 Russia Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 124 Russia Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 125 Russia Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 126 Russia Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 127 Rest of Europe Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 128 Rest of Europe Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 129 Rest of Europe Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 130 Rest of Europe Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 131 Rest of Europe Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 132 Rest of Europe Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 133 Asia Pacific Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 134 Asia Pacific Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 135 Asia Pacific Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 136 Asia Pacific Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 137 Asia Pacific Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 138 Asia Pacific Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 139 China Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 140 China Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 141 China Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 142 China Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 143 China Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 144 China Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 145 Japan Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 146 Japan Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 147 Japan Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 148 Japan Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 149 Japan Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 150 Japan Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 151 India Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 152 India Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 153 India Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 154 India Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 155 India Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 156 India Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 157 South Korea Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 158 South Korea Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 159 South Korea Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 160 South Korea Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 161 South Korea Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 162 South Korea Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 163 South-East Asia Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 164 South-East Asia Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 165 South-East Asia Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 166 South-East Asia Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 167 South-East Asia Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 168 South-East Asia Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 169 Rest of Asia Pacific Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 170 Rest of Asia Pacific Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 171 Rest of Asia Pacific Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 172 Rest of Asia Pacific Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 173 Rest of Asia Pacific Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 174 Rest of Asia Pacific Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 175 Latin America Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 176 Latin America Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 177 Latin America Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 178 Latin America Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 179 Latin America Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 180 Latin America Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 181 Brazil Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 182 Brazil Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 183 Brazil Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 184 Brazil Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 185 Brazil Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 186 Brazil Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 187 Argentina Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 188 Argentina Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 189 Argentina Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 190 Argentina Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 191 Argentina Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 192 Argentina Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 193 Rest of Latin America Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 194 Rest of Latin America Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 195 Rest of Latin America Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 196 Rest of Latin America Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 197 Rest of Latin America Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 198 Rest of Latin America Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 199 Middle East Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 200 Middle East Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 201 Middle East Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 202 Middle East Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 203 Middle East Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 204 Middle East Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 205 UAE Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 206 UAE Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 207 UAE Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 208 UAE Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 209 UAE Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 210 UAE Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 211 Saudi Arabia Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 212 Saudi Arabia Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 213 Saudi Arabia Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 214 Saudi Arabia Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 215 Saudi Arabia Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 216 Saudi Arabia Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 217 Rest of Middle East Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 218 Rest of Middle East Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 219 Rest of Middle East Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 220 Rest of Middle East Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 221 Rest of Middle East Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 222 Rest of Middle East Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 223 Africa Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 224 Africa Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 225 Africa Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 226 Africa Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 227 Africa Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 228 Africa Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 229 South Africa Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 230 South Africa Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 231 South Africa Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 232 South Africa Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 233 South Africa Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 234 South Africa Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 235 Egypt Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 236 Egypt Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 237 Egypt Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 238 Egypt Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 239 Egypt Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 240 Egypt Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

TABLE 241 Rest of Africa Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2017-2022 (US$ Mn)

TABLE 242 Rest of Africa Electric Track Vehicle System Market, by Type of Electric Track Vehicle, 2023-2030 (US$ Mn)

TABLE 243 Rest of Africa Electric Track Vehicle System Market, by Application, 2017-2022 (US$ Mn)

TABLE 244 Rest of Africa Electric Track Vehicle System Market, by Application, 2023-2030 (US$ Mn)

TABLE 245 Rest of Africa Electric Track Vehicle System Market, by End-User Industry, 2017-2022 (US$ Mn)

TABLE 246 Rest of Africa Electric Track Vehicle System Market, by End-User Industry, 2023-2030 (US$ Mn)

Frequently asked questions

How big is the global market for electric track vehicle systems right now?

In 2022, the market for electric track vehicle systems was estimated to be worth USD xx million.

What is the electric track vehicle system market’s anticipated growth rate from 2023 to 2030?

The electric track vehicle systems market is anticipated to increase at a CAGR of 5.90% from 2023 to 2030, reaching USD xx million in 2030.

In terms of the type of electric track vehicle, which market category is in the lead?

The most widely used electric track vehicles are the metro and subway systems.

Which segment is leading the market in terms of application?

Urban transit, by application, is the notable segment.

Which end-user industry segment is estimated to have the highest CAGR throughout the forecast period?

The manufacturing and logistics categories are anticipated to exhibit the highest CAGR during the projection period.

In which region is the market for electric track vehicle systems expanding?

North America ruled the electric track vehicle system market.

Who are the key participants in the global electric track vehicle systems market?

The top players include Siemens Mobility, Alstom, Bombardier Transportation, CRRC Corporation Limited, ABB, Kawasaki Heavy Industries, CAF Group, Talgo, Stadler Rail, BYD Company Limited, Skoda Transportation, and others.

What are the leading market factors driving the electric track vehicle system sector?

An increase in customer demand for electric vehicles for commercial use, public transport, electric mining vehicles, and other uses, as well as an increase in fuel prices. These are the main factors influencing the development of the global market.

What main market challenges prevent the electric track vehicle system sector from growing?

High initial expenses, scant infrastructure for charging, technological constraints, and stringent regulatory and safety requirements are the leading market challenges that prevent the electric track vehicle system sector from developing.

What are the leading market opportunities for the electric track vehicle system sector?

Increased demand for electric military and agricultural vehicles and government support are all contributing factors that present significant potential opportunities for the electric track vehicle system market.

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