Global Railway Electrification Systems Market Growth 2023-2029

A railway electrification system supplies electric power to railway trains and trams without an on-board prime mover or local fuel supply. Electric railways use either electric locomotives (hauling passengers or freight in separate cars), electric multiple units (passenger cars with their own motors) or both. Electricity is typically generated in large and relatively efficient generating stations, transmitted to the railway network and distributed to the trains.

LPI (LP Information)' newest research report, the “Railway Electrification Systems Industry Forecast” looks at past sales and reviews total world Railway Electrification Systems sales in 2022, providing a comprehensive analysis by region and market sector of projected Railway Electrification Systems sales for 2023 through 2029. With Railway Electrification Systems sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Railway Electrification Systems industry.

This Insight Report provides a comprehensive analysis of the global Railway Electrification Systems landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Railway Electrification Systems portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Railway Electrification Systems market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Railway Electrification Systems and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Railway Electrification Systems.

The global Railway Electrification Systems market size is projected to grow from US$ 16630 million in 2022 to US$ 20760 million in 2029; it is expected to grow at a CAGR of 20760 from 2023 to 2029.

China is the largest Railway Electrification Systems market with a market share of nearly 27%.Germany is the second largest market.

The contact lines system has the highest market share, accounting for nearly 70% of the market share.

CREC,CRCC,Siemens,Alstom and Hitachi are the main players in this market.

This report presents a comprehensive overview, market shares, and growth opportunities of Railway Electrification Systems market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    AC Electrification Systems
    DC Electrification Systems

Segmentation by application
    Common-Speed Rail
    High-Speed Rail

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Siemens
    Toshiba
    CRECG
    Alstom
    Hitachi
    British Steel
    ABB
    General Electric
    Schneider
    Wabtec

Key Questions Addressed in this Report
What is the 10-year outlook for the global Railway Electrification Systems market?
What factors are driving Railway Electrification Systems market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Railway Electrification Systems market opportunities vary by end market size?
How does Railway Electrification Systems break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

List of Tables
    Table 1. Railway Electrification Systems Annual Sales CAGR by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Table 2. Railway Electrification Systems Annual Sales CAGR by Country/Region (2018, 2022 & 2029) & ($ millions)
    Table 3. Major Players of AC Electrification Systems
    Table 4. Major Players of DC Electrification Systems
    Table 5. Global Railway Electrification Systems Sales by Type (2018-2023) & (K Units)
    Table 6. Global Railway Electrification Systems Sales Market Share by Type (2018-2023)
    Table 7. Global Railway Electrification Systems Revenue by Type (2018-2023) & ($ million)
    Table 8. Global Railway Electrification Systems Revenue Market Share by Type (2018-2023)
    Table 9. Global Railway Electrification Systems Sale Price by Type (2018-2023) & (US$/Unit)
    Table 10. Global Railway Electrification Systems Sales by Application (2018-2023) & (K Units)
    Table 11. Global Railway Electrification Systems Sales Market Share by Application (2018-2023)
    Table 12. Global Railway Electrification Systems Revenue by Application (2018-2023)
    Table 13. Global Railway Electrification Systems Revenue Market Share by Application (2018-2023)
    Table 14. Global Railway Electrification Systems Sale Price by Application (2018-2023) & (US$/Unit)
    Table 15. Global Railway Electrification Systems Sales by Company (2018-2023) & (K Units)
    Table 16. Global Railway Electrification Systems Sales Market Share by Company (2018-2023)
    Table 17. Global Railway Electrification Systems Revenue by Company (2018-2023) ($ Millions)
    Table 18. Global Railway Electrification Systems Revenue Market Share by Company (2018-2023)
    Table 19. Global Railway Electrification Systems Sale Price by Company (2018-2023) & (US$/Unit)
    Table 20. Key Manufacturers Railway Electrification Systems Producing Area Distribution and Sales Area
    Table 21. Players Railway Electrification Systems Products Offered
    Table 22. Railway Electrification Systems Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
    Table 23. New Products and Potential Entrants
    Table 24. Mergers & Acquisitions, Expansion
    Table 25. Global Railway Electrification Systems Sales by Geographic Region (2018-2023) & (K Units)
    Table 26. Global Railway Electrification Systems Sales Market Share Geographic Region (2018-2023)
    Table 27. Global Railway Electrification Systems Revenue by Geographic Region (2018-2023) & ($ millions)
    Table 28. Global Railway Electrification Systems Revenue Market Share by Geographic Region (2018-2023)
    Table 29. Global Railway Electrification Systems Sales by Country/Region (2018-2023) & (K Units)
    Table 30. Global Railway Electrification Systems Sales Market Share by Country/Region (2018-2023)
    Table 31. Global Railway Electrification Systems Revenue by Country/Region (2018-2023) & ($ millions)
    Table 32. Global Railway Electrification Systems Revenue Market Share by Country/Region (2018-2023)
    Table 33. Americas Railway Electrification Systems Sales by Country (2018-2023) & (K Units)
    Table 34. Americas Railway Electrification Systems Sales Market Share by Country (2018-2023)
    Table 35. Americas Railway Electrification Systems Revenue by Country (2018-2023) & ($ Millions)
    Table 36. Americas Railway Electrification Systems Revenue Market Share by Country (2018-2023)
    Table 37. Americas Railway Electrification Systems Sales by Type (2018-2023) & (K Units)
    Table 38. Americas Railway Electrification Systems Sales by Application (2018-2023) & (K Units)
    Table 39. APAC Railway Electrification Systems Sales by Region (2018-2023) & (K Units)
    Table 40. APAC Railway Electrification Systems Sales Market Share by Region (2018-2023)
    Table 41. APAC Railway Electrification Systems Revenue by Region (2018-2023) & ($ Millions)
    Table 42. APAC Railway Electrification Systems Revenue Market Share by Region (2018-2023)
    Table 43. APAC Railway Electrification Systems Sales by Type (2018-2023) & (K Units)
    Table 44. APAC Railway Electrification Systems Sales by Application (2018-2023) & (K Units)
    Table 45. Europe Railway Electrification Systems Sales by Country (2018-2023) & (K Units)
    Table 46. Europe Railway Electrification Systems Sales Market Share by Country (2018-2023)
    Table 47. Europe Railway Electrification Systems Revenue by Country (2018-2023) & ($ Millions)
    Table 48. Europe Railway Electrification Systems Revenue Market Share by Country (2018-2023)
    Table 49. Europe Railway Electrification Systems Sales by Type (2018-2023) & (K Units)
    Table 50. Europe Railway Electrification Systems Sales by Application (2018-2023) & (K Units)
    Table 51. Middle East & Africa Railway Electrification Systems Sales by Country (2018-2023) & (K Units)
    Table 52. Middle East & Africa Railway Electrification Systems Sales Market Share by Country (2018-2023)
    Table 53. Middle East & Africa Railway Electrification Systems Revenue by Country (2018-2023) & ($ Millions)
    Table 54. Middle East & Africa Railway Electrification Systems Revenue Market Share by Country (2018-2023)
    Table 55. Middle East & Africa Railway Electrification Systems Sales by Type (2018-2023) & (K Units)
    Table 56. Middle East & Africa Railway Electrification Systems Sales by Application (2018-2023) & (K Units)
    Table 57. Key Market Drivers & Growth Opportunities of Railway Electrification Systems
    Table 58. Key Market Challenges & Risks of Railway Electrification Systems
    Table 59. Key Industry Trends of Railway Electrification Systems
    Table 60. Railway Electrification Systems Raw Material
    Table 61. Key Suppliers of Raw Materials
    Table 62. Railway Electrification Systems Distributors List
    Table 63. Railway Electrification Systems Customer List
    Table 64. Global Railway Electrification Systems Sales Forecast by Region (2024-2029) & (K Units)
    Table 65. Global Railway Electrification Systems Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 66. Americas Railway Electrification Systems Sales Forecast by Country (2024-2029) & (K Units)
    Table 67. Americas Railway Electrification Systems Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 68. APAC Railway Electrification Systems Sales Forecast by Region (2024-2029) & (K Units)
    Table 69. APAC Railway Electrification Systems Revenue Forecast by Region (2024-2029) & ($ millions)
    Table 70. Europe Railway Electrification Systems Sales Forecast by Country (2024-2029) & (K Units)
    Table 71. Europe Railway Electrification Systems Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 72. Middle East & Africa Railway Electrification Systems Sales Forecast by Country (2024-2029) & (K Units)
    Table 73. Middle East & Africa Railway Electrification Systems Revenue Forecast by Country (2024-2029) & ($ millions)
    Table 74. Global Railway Electrification Systems Sales Forecast by Type (2024-2029) & (K Units)
    Table 75. Global Railway Electrification Systems Revenue Forecast by Type (2024-2029) & ($ Millions)
    Table 76. Global Railway Electrification Systems Sales Forecast by Application (2024-2029) & (K Units)
    Table 77. Global Railway Electrification Systems Revenue Forecast by Application (2024-2029) & ($ Millions)
    Table 78. Siemens Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 79. Siemens Railway Electrification Systems Product Portfolios and Specifications
    Table 80. Siemens Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 81. Siemens Main Business
    Table 82. Siemens Latest Developments
    Table 83. Toshiba Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 84. Toshiba Railway Electrification Systems Product Portfolios and Specifications
    Table 85. Toshiba Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 86. Toshiba Main Business
    Table 87. Toshiba Latest Developments
    Table 88. CRECG Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 89. CRECG Railway Electrification Systems Product Portfolios and Specifications
    Table 90. CRECG Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 91. CRECG Main Business
    Table 92. CRECG Latest Developments
    Table 93. Alstom Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 94. Alstom Railway Electrification Systems Product Portfolios and Specifications
    Table 95. Alstom Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 96. Alstom Main Business
    Table 97. Alstom Latest Developments
    Table 98. Hitachi Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 99. Hitachi Railway Electrification Systems Product Portfolios and Specifications
    Table 100. Hitachi Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 101. Hitachi Main Business
    Table 102. Hitachi Latest Developments
    Table 103. British Steel Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 104. British Steel Railway Electrification Systems Product Portfolios and Specifications
    Table 105. British Steel Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 106. British Steel Main Business
    Table 107. British Steel Latest Developments
    Table 108. ABB Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 109. ABB Railway Electrification Systems Product Portfolios and Specifications
    Table 110. ABB Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 111. ABB Main Business
    Table 112. ABB Latest Developments
    Table 113. General Electric Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 114. General Electric Railway Electrification Systems Product Portfolios and Specifications
    Table 115. General Electric Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 116. General Electric Main Business
    Table 117. General Electric Latest Developments
    Table 118. Schneider Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 119. Schneider Railway Electrification Systems Product Portfolios and Specifications
    Table 120. Schneider Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 121. Schneider Main Business
    Table 122. Schneider Latest Developments
    Table 123. Wabtec Basic Information, Railway Electrification Systems Manufacturing Base, Sales Area and Its Competitors
    Table 124. Wabtec Railway Electrification Systems Product Portfolios and Specifications
    Table 125. Wabtec Railway Electrification Systems Sales (K Units), Revenue ($ Million), Price (US$/Unit) and Gross Margin (2018-2023)
    Table 126. Wabtec Main Business
    Table 127. Wabtec Latest Developments
List of Figures
    Figure 1. Picture of Railway Electrification Systems
    Figure 2. Railway Electrification Systems Report Years Considered
    Figure 3. Research Objectives
    Figure 4. Research Methodology
    Figure 5. Research Process and Data Source
    Figure 6. Global Railway Electrification Systems Sales Growth Rate 2018-2029 (K Units)
    Figure 7. Global Railway Electrification Systems Revenue Growth Rate 2018-2029 ($ Millions)
    Figure 8. Railway Electrification Systems Sales by Region (2018, 2022 & 2029) & ($ Millions)
    Figure 9. Product Picture of AC Electrification Systems
    Figure 10. Product Picture of DC Electrification Systems
    Figure 11. Global Railway Electrification Systems Sales Market Share by Type in 2022
    Figure 12. Global Railway Electrification Systems Revenue Market Share by Type (2018-2023)
    Figure 13. Railway Electrification Systems Consumed in Common-Speed Rail
    Figure 14. Global Railway Electrification Systems Market: Common-Speed Rail (2018-2023) & (K Units)
    Figure 15. Railway Electrification Systems Consumed in High-Speed Rail
    Figure 16. Global Railway Electrification Systems Market: High-Speed Rail (2018-2023) & (K Units)
    Figure 17. Global Railway Electrification Systems Sales Market Share by Application (2022)
    Figure 18. Global Railway Electrification Systems Revenue Market Share by Application in 2022
    Figure 19. Railway Electrification Systems Sales Market by Company in 2022 (K Units)
    Figure 20. Global Railway Electrification Systems Sales Market Share by Company in 2022
    Figure 21. Railway Electrification Systems Revenue Market by Company in 2022 ($ Million)
    Figure 22. Global Railway Electrification Systems Revenue Market Share by Company in 2022
    Figure 23. Global Railway Electrification Systems Sales Market Share by Geographic Region (2018-2023)
    Figure 24. Global Railway Electrification Systems Revenue Market Share by Geographic Region in 2022
    Figure 25. Americas Railway Electrification Systems Sales 2018-2023 (K Units)
    Figure 26. Americas Railway Electrification Systems Revenue 2018-2023 ($ Millions)
    Figure 27. APAC Railway Electrification Systems Sales 2018-2023 (K Units)
    Figure 28. APAC Railway Electrification Systems Revenue 2018-2023 ($ Millions)
    Figure 29. Europe Railway Electrification Systems Sales 2018-2023 (K Units)
    Figure 30. Europe Railway Electrification Systems Revenue 2018-2023 ($ Millions)
    Figure 31. Middle East & Africa Railway Electrification Systems Sales 2018-2023 (K Units)
    Figure 32. Middle East & Africa Railway Electrification Systems Revenue 2018-2023 ($ Millions)
    Figure 33. Americas Railway Electrification Systems Sales Market Share by Country in 2022
    Figure 34. Americas Railway Electrification Systems Revenue Market Share by Country in 2022
    Figure 35. Americas Railway Electrification Systems Sales Market Share by Type (2018-2023)
    Figure 36. Americas Railway Electrification Systems Sales Market Share by Application (2018-2023)
    Figure 37. United States Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 38. Canada Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 39. Mexico Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 40. Brazil Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 41. APAC Railway Electrification Systems Sales Market Share by Region in 2022
    Figure 42. APAC Railway Electrification Systems Revenue Market Share by Regions in 2022
    Figure 43. APAC Railway Electrification Systems Sales Market Share by Type (2018-2023)
    Figure 44. APAC Railway Electrification Systems Sales Market Share by Application (2018-2023)
    Figure 45. China Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 46. Japan Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 47. South Korea Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 48. Southeast Asia Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 49. India Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 50. Australia Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 51. China Taiwan Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 52. Europe Railway Electrification Systems Sales Market Share by Country in 2022
    Figure 53. Europe Railway Electrification Systems Revenue Market Share by Country in 2022
    Figure 54. Europe Railway Electrification Systems Sales Market Share by Type (2018-2023)
    Figure 55. Europe Railway Electrification Systems Sales Market Share by Application (2018-2023)
    Figure 56. Germany Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 57. France Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 58. UK Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 59. Italy Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 60. Russia Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 61. Middle East & Africa Railway Electrification Systems Sales Market Share by Country in 2022
    Figure 62. Middle East & Africa Railway Electrification Systems Revenue Market Share by Country in 2022
    Figure 63. Middle East & Africa Railway Electrification Systems Sales Market Share by Type (2018-2023)
    Figure 64. Middle East & Africa Railway Electrification Systems Sales Market Share by Application (2018-2023)
    Figure 65. Egypt Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 66. South Africa Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 67. Israel Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 68. Turkey Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 69. GCC Country Railway Electrification Systems Revenue Growth 2018-2023 ($ Millions)
    Figure 70. Manufacturing Cost Structure Analysis of Railway Electrification Systems in 2022
    Figure 71. Manufacturing Process Analysis of Railway Electrification Systems
    Figure 72. Industry Chain Structure of Railway Electrification Systems
    Figure 73. Channels of Distribution
    Figure 74. Global Railway Electrification Systems Sales Market Forecast by Region (2024-2029)
    Figure 75. Global Railway Electrification Systems Revenue Market Share Forecast by Region (2024-2029)
    Figure 76. Global Railway Electrification Systems Sales Market Share Forecast by Type (2024-2029)
    Figure 77. Global Railway Electrification Systems Revenue Market Share Forecast by Type (2024-2029)
    Figure 78. Global Railway Electrification Systems Sales Market Share Forecast by Application (2024-2029)
    Figure 79. Global Railway Electrification Systems Revenue Market Share Forecast by Application (2024-2029)

Siemens
Toshiba
CRECG
Alstom
Hitachi
British Steel
ABB
General Electric
Schneider
Wabtec

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape