Insights into the Worldwide Hybrid Train Industry to 2025 – Key Players Include CRRC, Bombardier & Alstom Among Others

Dublin, May 19, 2020 (GLOBE NEWSWIRE) — The “Hybrid Train Market – Growth, Trends, and Forecasts (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.In Poland, during 2018, PKP Cargo, Pesa, and the TABOR Institute of Rail Vehicles signed an agreement at InnoTrans to develop an automated electro-diesel locomotive.PKP Cargo and Pesa are expected to create a design based on Pesa’s Gama locomotive platform, which will be verified by TABOR. Following the testing by PKP Cargo, the locomotive is anticipated to be commissioned in 2022.The vehicle is expected to operate with GoA 3. Sensors, cameras, and gyroscopes will be fitted, and the input data will be analyzed using artificial intelligence.In Spain, the European Investment Bank (EIB) approved a EUR 100 million loan in 2019 to part-finance the planned EUR 201 million procurement of 26 electric and 5 electro diesel trainsets for RENFE. The depots at El Berrn and Santander are expected to be modernized as part of the project.In December 2019, CRRC Corporation Limited and the Philippine Secretary of the Department of Transportation signed a contract. According to this contract, the Philippine National Railways (PNR) will purchase three trains from CRRC. The diesel electric multiple unit trains are expected to have a design speed of 120 km/h.Owing to such aforementioned developments, the electro diesel railway vehicles may replace their diesel counterparts. These electro diesel trainsets have been successfully generating savings in operation and maintenance costs, which may further drive the market growth during the forecast period.Indian Railways has already fitted solar panels on roof top of Diesel Electric Multiple Unit (DEMU) trains of capacity 4.5 Kilowatt for catering to hotel load.Additionally, blending of high-speed diesel with 5% biodiesel has also been started for railway locomotives. These railway vehicles have also started pilot projects involving running DEMU trains with Compressed Natural Gas (CNG) over 18 trains.Such developments are expected to bolster the market prospects for the hybrid train market in the region during the forecast period.Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research.CONTACT: ResearchAndMarkets.com
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