
July 25, 2024
Locomotive Market Share, Size, Analysis, Forecast (2024-2032)
The global locomotive market size reached a value of around USD 16.41 billion in 2023. During the forecast period of 2024 and 2032, the market is expected to grow at a CAGR of 9.1% to reach around USD 35.93 billion by 2032. This significant growth is driven by various factors, including advancements in technology, increased…