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The expansion of traction engines in rail engines and increased demand due to low maintenance and production prices are driving the expansion of the global traction engine market. However, an increase in the value of raw fabrics used to make traction engines is expected to decrease market expansion. In addition, an accumulation in the electrification of railways and locomotives in emerging economies such as China and India is expected to provide new opportunities for market expansion.
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2020-2030 Rail Traction Engine Marketplace: The rail traction engine marketplace is segmented by type, application and geography.