According to Stratistics MRC, the Global Train Battery Market is accounted for $132.53 million in 2019 and is expected to reach $243.49 million by 2027 growing at a CAGR of 7.9% during the forecast period. Expansion of railway networks and emission regulations to increase the demand for energy-efficient transportation systems are propelling the market growth. However, high capital investment and operating cost of high-speed rail network is hampering the market growth. Moreover, aggressive plans for train electrification coupled with increasing privatization may provide ample opportunities for the market growth.
Request for a Free Sample Copy of Report at https://www.strategymrc.com/report/train-battery-market/request-sample
Based on the application, the auxiliary battery (HVAC, doors, infotainment) segment is anticipated to hold considerable market share during the forecast period as auxiliary battery systems provide backup to all essential train systems such as emergency lighting and ventilation systems to provide safety to the train in the absence of output failure, and train separation incidents. By geography, Asia Pacific is going to have a lucrative growth during the forecast period owing to the growth in key countries such as China, Japan, India, and South Korea. The region is the leading producer of rolling stock across the globe and is expected to retain this position during the forecast period as it has the largest rail network, rapid urban developments, and government initiatives towards the development of energy-efficient transportation
Some of the key players profiled in the Train Battery Market include AEG Power Solutions, Akasol AG, Amara Raja Batteries Ltd, China Shoto, Coslight India, DMS Technologies, East Penn Manufacturing Company, Enersys, Exide Industries Ltd, First National Battery, GS Yuasa Corporation, Hitachi, Hoppecke Batterien GmbH & Co KG, Hunan Fengri Power & Electric Co Ltd, LeClanche, National Railway Supply, Power & Industrial Battery Systems GmbH, Saft, SEC Battery, Shield Batteries Limited, Systems Sunlight and The Furukawa Battery Co Ltd.
Types Covered:
• Continuous Emission Monitoring System
• Predictive Emission Monitoring System
Battery Types Covered:
• Lead Acid Battery
• Lithium Ion Battery
• Nickel Cadmium Battery
Components Covered:
• Hardware
• Service
• Software
Advance Trains Covered:
• Autonomous Trains
• Fully Battery Operated Trains
• Hybrid Locomotives
Rolling Stocks Covered:
• Bullet Trains
• Diesel Locomotives
• Diesel Multiple Units (DMUs)
• Electric Locomotives
• Electric Multiple Units (EMUs)
• Freight Wagon
• High-Speed Trains
• Light Trains/Trams/Monorails
• Metros
• Passenger Coaches
Technologies Covered:
• Conventional Lead Acid Battery
• Fiber/PNE Ni-Cd Battery
• Gel Tubular Lead Acid Battery
• Lithium Ion Battery
• Pocket Plate Ni-Cd Battery
• Sinter/PNE Ni-Cd Battery
• Valve Regulated Lead Acid Battery (VRLA)
Applications Covered:
• Auxiliary Battery (HVAC, Doors, Infotainment)
• Engine Starting
• Railway Signaling and Telecommunications
• Starter Battery
• Train Air Conditioning
• Train Lighting
End Users Covered:
• Chemicals Fertilizers
• Food Beverages
• Healthcare
• Iron and Steel
• Mining
• Oil and Gas
• Pharmaceuticals
Sales Channels Covered:
• Distributer
• Direct Sales
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
If Any Query? Ask Our Industry Expert at www.strategymrc.com/report/train-battery-market/request-customization
Explore the list of attractive markets during this time of Pandemic @ www.strategymrc.com/covid-19-impact-reports
About Us:
StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments.
Contact Us:
Stratistics Market Research Consulting
Phone: +1-301-202-5929
Email: info@strategymrc.com
Website: www.strategymrc.com/
Twitter:twitter.com/StratisticsMRC
LinkedIn: www.linkedin.com/company/stratistics-market-research-consulting-pvt-ltd?trk=mini-profile