The global locomotive market is booming, projected to exceed a CAGR of 10% through 2033. Driven by increasing freight demand and the rise of electric locomotives, this market analysis explores key trends, major players (Siemens, Alstom, CRRC), and regional growth opportunities in North America, Europe, Asia-Pacific, and more. Discover insights into IGBT, SiC, and other key technologies shaping this dynamic industry.
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