Global Hybrid Train Market (2020 to 2030) - Availability of Alternative Fuel Options Presents Opportunities -

DUBLIN--()--The "Hybrid Train Market by Propulsion Type (Electro Diesel, Battery Operated, Hydrogen, CNG, LNG, and Solar), Application (Passenger and Freight), Operating Speed (>100 km/h, 100-200 km/h, &lessThan;200 km/h), Battery Technology, and Region - Global Forecast to 2030" report has been added to's offering.

The hybrid train market, by volume, is estimated to be 4,904 units in 2020. It is projected to grow at a CAGR of 5.5% to reach 8,389 units by 2030.

Factors such as high gasoline prices, traffic congestion, and greenhouse gas emissions have compelled railway OEMs to explore beyond the use of conventional propulsion systems in trains.

The growing population triggers the global demand for rail vehicles in urban areas, where existing transportation infrastructure is proving to be insufficient. The expansion of infrastructure networks is expected to drive the demand for new rail vehicles. Increasing investments made by governments across the globe to develop rail system infrastructure are expected to act as an opportunity for hybrid train manufacturers to expand their revenue stream and geographical presence. Countries such as Brazil, Russia, and China are set to witness increased production activity due to increased domestic demand, favorable government support, and cost advantages. The European hybrid train market is projected to experience steady growth due to the well-developed infrastructure for passenger transit, while the North American market is driven by freight transportation.

However, COVID-19 pandemic is expected to have a severe impact on the hybrid train market. Both the production and sales of new rail vehicles have come to a halt across the globe as the whole ecosystem has been disrupted. OEMs had to wait until lockdowns were lifted to resume production, which affected their business. Post the pandemic, the demand for new trains will be significantly low, as people will avoid public transport, preferring private vehicles to avoid crowds. In addition, component manufacturing is also suspended, and small Tier II and Tier III manufacturers could face liquidity issues. The railway industry is highly capital-intensive and relies on frequent financing to continue operations. Thus, the production suspension during the outbreak and lower demand post the pandemic will have an unprecedented impact on hybrid train providers

The hydrogen segment is expected to be the second-fastest propulsion segment in the forecast.

Many industry experts are looking at hydrogen fuel cell-powered train as truly emission-free, noise-free, and efficient trains. In the case of fuel cell-powered trains, the condensed water and steam generated are the only exhaust elements from the operation, making it completely clean and environment-friendly. Recent developments also indicate that majority of the train manufacturers have identified this and are focusing on developing and testing hydrogen fuel cell-powered trains across the world. Manufacturers are introducing different trains, trams, and locomotives working on hydrogen fuel cells.

Freight segment is expected to be the fastest-growing application segment during the forecast period.

Many companies such as BNSF and DB Cargo are investing in hybrid trains that will be incorporated in freight operations soon, which will increase the overall saving for these companies. For instance, as per a supply contract in January 2020, Toshiba will be delivering 100 diesel-battery hybrid locomotives to DB Cargo. While DB will be using 50 of these to replace existing shunting locomotives, remaining will be given on lease. With the usage of hybrid locomotives, DB claims 30% saving of energy and around 1 million liter saving of diesel annually. With all these developments, the freight segment is expected to have significant growth in the forecast.

Market Dynamics


  • Growing Demand for Energy-Efficient and Less Polluting Train Operations
  • Benefits of Hybrid Trains Over Conventional Diesel Trains


  • High Development Cost and Complexities Involved in Hybrid Train Technologies and Related Infrastructure
  • Refurbishment of Existing Trains


  • Availability of Alternative Fuel Options
  • Government Support for Alternative Fuel-Powered Railway Operations
  • Increasing Railway Operations in Industrial and Mining Activities
  • Fluctuating Fuel Prices


  • COVID-19 Impact on the Overall Public Transport Demand

Company Profiles

  • CRRC
  • Bombardier
  • Alstom
  • Siemens
  • Wabtec Corporation (Ge Transportation)
  • Hyundai Rotem
  • Hitachi
  • Construcciones Y Auxiliar De Ferrocarriles (CAF)
  • Toshiba
  • Cummins
  • Stadler
  • Vivarail
  • BNSF
  • Ballard
  • Chart Industries
  • ABB
  • Renfe Operadora
  • CK Investments
  • Skoda Transportation
  • DB Cargo
  • Sncf
  • Rolls-Royce
  • Yongji Xinshisu Electric Equipment Co., Ltd.
  • The Kinky Sharyo Co., Ltd.
  • Kawasaki Heavy Industries
  • Etihad Rail
  • Sinara Transport Machines

For more information about this report visit

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900

Laura Wood, Senior Press Manager
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900