Hybrid train market predicted to reach $32B by 2030, driven by demand for diesel-electric locomotives and their benefits.

Hybrid trains, using alternate fuels and energy storage systems, are predicted to reach a $32 billion market by 2030, growing at a 6.8% CAGR. Demand for diesel-electric locomotives, with benefits like less maintenance, high efficiency, and sustainability, is driving market growth. Hybrid trains' advantages, such as reliability and environmental friendliness, also contribute to their popularity.