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BANGALORE, India, March 10, 2021 /PRNewswire/
Hybrid Train Market is Segmented by Propulsion Type (Electro-Diesel, Battery Operated, Hydrogen Powered, Gas Powered, and Solar Powered), Application (Passenger and Freight), and Operating Speed (Less than 100 km/hr, 100-200 km/hr, and More than 200 km/hr): Global Opportunity Analysis and Industry Forecast, 2020–2027. This report is published on
The global hybrid train market size was valued at USD 16.2 Billion in 2019 and is projected to reach USD 23.9 Billion by 2027, growing at a CAGR of 6.6% from 2020 to 2027.
Major factors driving the growth of hybrid train market size are high gas prices, traffic congestion, and the rising need to curb greenhouse gas emissions.