Hybrid Train Market 2030: Overcoming the High Initial Investment Barrier
The global hybrid train market was valued at USD 20.67 billion in 2023 and is expected to grow to USD 32.62 billion by 2030, registering a compound annual growth rate (CAGR) of 6.9% between 2024 and 2030. This growth is largely driven by an increasing global emphasis on sustainability within the transportation sector, coupled with technological advancements in hybrid propulsion and...
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