Boston, MA -- (SBWIRE) -- 01/23/2017 -- Diesel locomotive engines are used for transporting large amounts of freight due to its ability to move a large amount of freight at less fuel, increased speed, and safety. Railways are mainly used for transporting passengers and freight. Roadways are the largest contributor in the transport sector. However, due to increasing concerns regarding pollutions caused by vehicular emissions, rising fuel costs, and traffic congestion, freight companies are moving more and more toward the rail mode of transportation.

Technavio's analysts forecast the global diesel locomotive engines market to grow at a CAGR of 2.82% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global diesel locomotive engines market for 2016-2020. To calculate the market size, the report discusses the major drivers that influence the growth of the global diesel locomotive engine market.

Get More Details on this Report and a Full Table of Contents at Global Diesel Locomotive Engines Market 2016-2020

The market is divided into the following segments based on geography:

-Americas
-APAC
-EMEA

Technavio's report, Global Diesel Locomotive Engines Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

-General Electric
-Caterpillar
-China CNR

Other prominent vendors

-Alstom
-Bombardier
-Siemens

Market driver

-Economic and less-polluting mode of freight transport.
-For a full, detailed list, view our report

Market challenge

-Consideration of electric engines as a better substitute for diesel engines.
-For a full, detailed list, view our report

Market trend

-Autonomous locomotive engine for long-distance transport.
-For a full, detailed list, view our report

Key questions answered in this report

-What will the market size be in 2020 and what will the growth rate be?
-What are the key market trends?
-What is driving this market?
-What are the challenges to market growth?
-Who are the key vendors in this market space?
-What are the market opportunities and threats faced by the key vendors?
-What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: General Electric, Caterpillar, China CNR, Alstom, Bombardier,, Siemens

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