Locomotive Market to Reach USD 41.48 Billion by 2033, Growing at a CAGR of 7.3%

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Locomotive Market Overview

The global locomotive market size was worth USD 22 billion in 2024 and is estimated to reach an expected value of USD 41.48 billion by 2033, growing at a CAGR of 7.3% during the forecast period (2025-2033).

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