Mainline Electric Multiple Unit (MEMU) Market, Global Outlook and Forecast 2023-2029
Most of the passenger bogeys are pulled or pushed by locomotive but in the EMU system, each bogey or passenger car is electrically powered using separate electric units embedded in the system. The locomotive used in the mainline electric multiple unit system also consists of a traction motor and electric signal units to control the driving coaches. In addition, MEMUs do not need any locomotive as each driving unit is powered with traction electrics. MEMUs are mainly used for sub-urban areas and metropolitan areas. Similar sizes of the coaches and dimensional stability of the train units used in the system are the factors boosting the demand for MEMU in the market. Moreover, increasing demand for electric powered train units owing to increasing urbanization in the developing economies and high adaptation of the MEMUs in short and medium distances are the factors considered to drive the market growth during the forecast period. According to Zuba Corporation, the MEMU market is expected to register a CAGR of approximately 6.2% during the forecast period.
This report aims to provide a comprehensive presentation of the global market for Mainline Electric Multiple Unit (MEMU), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Mainline Electric Multiple Unit (MEMU). This report contains market size and forecasts of Mainline Electric Multiple Unit (MEMU) in global, including the following market information:
- Global Mainline Electric Multiple Unit (MEMU) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Mainline Electric Multiple Unit (MEMU) market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
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The global key manufacturers of Mainline Electric Multiple Unit (MEMU) include Zuba Corporation, Burn Standard Ltd., Dawnsys Pvt. Ltd., Siemens AG, Titagarh Wagons Ltd., Braithwaite Co. Ltd., Hyundai Rotem Co., Kawasaki Heavy Industries Ltd. and Secheron SA, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Mainline Electric Multiple Unit (MEMU) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Mainline Electric Multiple Unit (MEMU) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Mainline Electric Multiple Unit (MEMU) Market Segment Percentages, by Type, 2022 (%)
Global Mainline Electric Multiple Unit (MEMU) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Mainline Electric Multiple Unit (MEMU) Market Segment Percentages, by Application, 2022 (%)
- High-speed Railway
- Electric Train
- Others
Global Mainline Electric Multiple Unit (MEMU) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Mainline Electric Multiple Unit (MEMU) Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Mainline Electric Multiple Unit (MEMU) revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Mainline Electric Multiple Unit (MEMU) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Zuba Corporation
- Burn Standard Ltd.
- Dawnsys Pvt. Ltd.
- Siemens AG
- Titagarh Wagons Ltd.
- Braithwaite Co. Ltd.
- Hyundai Rotem Co.
- Kawasaki Heavy Industries Ltd.
- Secheron SA
- BEML
- Gogoro Inc.
- BHEL
- ICF
- Rail Coach Factory
- Bombardier Transportation
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Mainline Electric Multiple Unit (MEMU), market overview.
- Chapter 2: Global Mainline Electric Multiple Unit (MEMU) market size in revenue.
- Chapter 3: Detailed analysis of Mainline Electric Multiple Unit (MEMU) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
- Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
- Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
- Chapter 6: Sales of Mainline Electric Multiple Unit (MEMU) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
- Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
- Chapter 8: The main points and conclusions of the report.