One of the major drivers of the market for diesel locomotive transmission market systems is the rising demand for logistics and freight transportation services. The development of this industry can be attributed to the expansion of global trade, which has raised the demand for commodities transportation. As a result, it is predicted that over the projected timeframe, consumption for locomotives will rise. The requirement for efficient and affordable freight transportation is another significant element propelling the locomotive transmission system market. As a result, diesel-electric locomotives, which use less fuel than other types of locomotives, are being adopted at a higher rate.

The starting, halting, and speed control of the locomotive are all handled by the transmission system. It assists in delivering the engine's power to the wheels. Three components make up the locomotive transmission system: a industrial gearbox, a torque converter, and a coupling. It aids in lowering engine speed and increasing torque so that the locomotive can begin to move. The locomotive transmission system also aids in keeping a consistent speed and assists in changing the train's orientation.

A form of powertrain used in locomotives that run on diesel fuel is the diesel locomotive transmission system. It is made up of a final drive, a transmission, and a diesel engine. Through the transmission system, energy is supplied from the engine to the vehicles. It additionally manages the locomotive's direction and speed. Both passenger and freight transportation uses diesel locomotives. They are frequently utilized in high-speed trains, shunting locomotives, and mainline railroads. Due to the expanding logistics and freight transport sectors, the need for diesel locomotives is anticipated to rise in the upcoming years.

The market for diesel locomotive transmission systems market was valued at USD 221.44 million in 2021 and is anticipated to increase at a CAGR of 4.5% from 2021 to 2031 to reach USD 1.02 billion.

Due to the expansion of the logistics and freight transportation sectors, there will likely be a rise in the need for locomotives in the upcoming years.

The high capital and operating cost is the primary barrier preventing the market for locomotive transmission systems from expanding. The upfront cost of a locomotive transmission system includes expenses for the system's design and development, production, installation, and commissioning. The adoption of locomotives with transmission systems is constrained by this cost, which is often considered when compared to other conventional traction techniques. Another significant issue impeding the growth of the locomotive transmission system market is the absence of uniformity between nations. It is challenging to deploy locomotive transmission systems globally since national specifications for these systems differ. Nonetheless, during the course of the projection period, the market for railroad transmission systems is anticipated to benefit from the enforcement of stricter emission regulations.

COVID-19 Impact and Market Status

The market for locomotive transmission systems has suffered as a result of the COVID-19 pandemic epidemic. Lockdown regulations in various nations have stopped the construction of locomotives and the parts that go into them. Due to this, demand for locomotives has decreased, which is anticipated to negatively affect the growth of the market for locomotive transmission systems throughout the course of the forecast period. The COVID-19 epidemic has also had a substantial impact on the transportation and logistics sector. The downturn in trade and business activity has led to a drop in the demand for freight smart transportation, which is anticipated to hurt the market for locomotive transmission systems. From 2022 onward, the market for locomotive transmission systems is anticipated to recover from the COVID-19 pandemic's effects. As lockdown limitations are eased and economic activity resumes, it is anticipated that the production of locomotives and the parts that make them will start up again in 2022. Additionally, a recovery in the transportation and logistics sector is anticipated to begin in 2022 as trade and business activity increase. This is anticipated to raise the need for freight transportation, which would subsequently fuel the market for railroad transmission networks.

Segment Analysis

The Hydraulic Transmission Type emerged as the Most Booming Segment

The market is divided into two types based on type: electrical transmission and hydraulic transmission. Among them, it is projected that hydraulic transmission will expand more quickly throughout the course of the prediction. This is a result of its widespread use in mainline and shunting locomotives. Due to its many advantages, including lower maintenance costs and simple installation, the electrical transmission segment commands the largest market share.

The Most Prominent Application Segment is the Shunting locomotive

Shunting locomotives and mainline locomotives are two application-based segments of the market for locomotive transmission systems. During the forecast period, it is anticipated that the shunting locomotives segment will expand more quickly. This growth is explained by the rising demand for these locomotives in the transportation of goods and transport sectors.

The Asia Pacific Region to render Ample Financing Opportunities

The locomotive transmission system market is divided into North America, South America, Africa, Asia Pacific, Europe, and the Middle East based on geography. Of all of these regions, Asia Pacific is anticipated to develop at the quickest rate throughout the forecast period. The increased demand for locomotives from countries like China and India is credited with driving this growth.

In the Diesel locomotive transmission system market, the leading companies are Knorr-Bremse (Germany), Alstom (France), General Electric (US), Siemens (Germany), Caterpillar Inc. (US), Stadler Rail AG (Switzerland), Bombardier Inc. (Canada), and Wabtec Corporation (US). Throughout the projected period, these market participants are anticipated to expand significantly. To help the stakeholders make wise business decisions, this study offers a thorough analysis of the market, including the competitive landscape.

Recent Developments in the Diesel Locomotive Transmission System Market

• The Vectron DC dual-mode locomotive, which can run on both electrified and non-electrified lines, was presented by Siemens Mobility in March 2022. For its locomotives, the business has also created a new generation of electrical transmission systems.

• The South African Railway Company will receive 24 Evolution Series Tier 4 locomotives from GE Transportation, according to a June 2021 announcement (Prasa). The most recent diesel engines and electrical transmission systems from GE will be used in the locomotives.

• The Canadian National Railway Company ordered 30 locomotives from Bombardier Inc. in May 2021. (CN). The most recent diesel engine and electrical transmission system are being used in the locomotives by Bombardier.

Diesel Locomotive Transmission System Market Scope

Key Segments of the Global Diesel Locomotive Transmission System Market

Type Overview, (USD Billion)

• Hydraulic Transmission
• Electrical Transmission

Application Overview, (USD Billion)

• Mainline Locomotive
• Shunting Locomotive

Regional Overview (USD Billion)

North America

• U.S
• Canada

Europe

• Germany
• France
• UK
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Rest of Asia Pacific

South America

• Mexico
• Brazil
• Rest of South America

Middle East and South Africa

• UAE
• South Africa