Global Hybrid Train Market to Grow Steadily at a CAGR of 6.8%

Introduction

Competitive Players

1. Alstom SA
2. Ballard Power Systems Inc.
3. Bombardier Inc.
4. China Railway Rolling Stock Corporation (CRRC)
5. Kawasaki Heavy Industries Ltd.
6. Siemens AG
7. Stadler Rail AG
8. Toshiba Corporation
9. Hyundai Rotem Company
10. Wabtec Corporation
11. Etihad Rail
12. Vivarail
13. AVL
14. L&T Construcciones Y Auxiliar De Ferrocarriles (CAF).

Recent Developments

Recent Developments

• June 2022- Siemens AG launched an open digital business platform, Siemens Xcelerator, to accelerate digital transformation and value creation for customers of all sizes in the industry, including buildings, grids, and mobility. The business platform makes digital transformation more accessible, faster, and scalable. Siemens Xcelerator includes a curated portfolio of internet of things (IoT) enabled hardware, software, and digital services across Siemens and certified third parties, a growing ecosystem of partners, and an evolving marketplace to facilitate interactions and transactions between customers, partners, and developers.
• June 2022- Siemens, a leader in industrial automation and software, infrastructure, building technology, and transportation, and NVIDIA, a pioneer in accelerated graphics and artificial intelligence (A.I.), today announced an expansion of their partnership to enable the industrial metaverse and increase the use of AI-driven digital twin technology that will help bring industrial automation to a new level.

Segmentation

1. By Propulsion Type
   1. Electro-Diesel
   2. Battery Operated
   3. Hydrogen Powered
   4. Gas Powered
   5. Solar Powered
2. By Application
   1. Passenger
   2. Freight
3. By Operating Speed
   1. Less than 100 km/h
   2. 100 - 200 km/h
   3. More than 200 km/h