Driving Rail Innovation: Insights into the Locomotive Market
1. Overview The Locomotive Market is experiencing significant growth, driven by factors such as urbanization, expansion of rail networks, and increasing demand for freight and passenger transportation. The market is projected to grow from USD 15.5 billion in 2022 to USD 33.5 billion by 2030, with a compound annual growth rate (CAGR) of 11.61% during the forecast period. 2. Market Segmentation...
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