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Pulished Date April, 2021
ID: 9841
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Train Battery Market segmentation by Battery Type (Lead Acid, Nickel Cadmium, and Lithium-ion), Technology (Gel Tubular, Valve Regulated Lead Acid (VRLA), Conventional Lead Acid, Sinter PNE, Fiber PNE, Pocket Plate, and Others), Locomotive Type (Diesel Locomotive, Diesel Multiple Unit, Electric Locomotive, Electric Multiple Unit, Metros, Bullet Trains, Tram, Passenger Coaches, and Freight Wagon), Application (Engine Starter and Auxiliary Function), and Advanced Train (Autonomous Trains, Hybrid Locomotive, and Battery-Operated Train) - Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2021-2026

Pulished: April, 2021
ID: 9841
Pages: 175

Market Overview:

The global train battery market is anticipated to develop at a CAGR of 5.15% from 2021 to 2026. From a market value of approximately USD 445.4 million in 2021, it is anticipated to reach USD 703.2 million by 2026.

Train battery is implemented to offer power to the coaches when the train is at ready position or is heading slowly. This involve a DC power, which is supplied to the coaches. Previously, power to trains was supplied through diesel engines but they weren't considered economical thanks to their high maintenance cost. However, they weren't considered to be good for environment thanks to their harmful emissions. Moreover, their include use of led to the necessity for the electrification of railways. The look for alternative fuels to scale back the import expenses of fossil fuels resulted in the adoption of train battery and electrification in the railway system. Companies that produces batteries for trains build a good range of power supply like power supply for on-board computer, door control, lighting, ventilation, air con, communications, braking, and engine starting. As an example, EnerSys manufactures batteries for firm’s purposes and targets toward railways. The firms are combining their product offerings resulting to coach battery market growth.

The need of autonomous trains for freight also as passengers is projected to extend because the technology becomes commercially viable. Because the safety system in autonomous trains requires additional power, the demand for batteries is projected to extend during the outlook period. The train battery showcase is essentially determined by the expanding population, which has prompted the interest for rail transport and railways electrification over the globe.

Recent Developments:

  • Alstom reported for its first agreement for battery-electric territorial trains in Germany for the Leipzig-Chemnitz course, which needs the train to travel 80 km (50 miles) of non-electrified track.
  • The Danish Ministry of Transport and Housing has reported that it'll start preliminaries of battery-fueled trains on two railroad lines in Denmark one year from now. Battery trains are as of now being tried in Austria and Germany.
  • 'Battery trains – a decent option in contrast to diesel trains or electrification of railroad lines'

Drivers and Restraints of Train Battery:

Drivers:

Developing interest for trains with low support and developing charge of trains is boosting the development of the global train battery market. Autonomous trains are furnished with cutting edge highlights including mechanized entryways, security frameworks, data framework, and effective lighting. These highlights require high-power prerequisite, which is fuelling interest for the development of the worldwide train battery business. Furthermore, these trains request the steady power flexibly; in this way, the interest for the progressed and improved battery is developing. This interest for the train battery is boosting the development of the market. The demand for fast trains has increased throughout the planet. The advantages of a high-speed train network like short time period, energy efficiency with fewer carbon emissions, and luxury and safety have attracted several countries and passengers.

Restraints:

On the other hand, high infrastructure prices and government budget constraints have limited the employment of a fast train network in countries like Portugal and Mexico. In 2018, Portugal cancelled the fast train project due to the country’s inability to take a position and debt. Moreover, Mexico had also suspended a high-speed train project within the past. External factors like land acquisition, air and sound pollution, and heating may further hinder the expansion of the high-speed train market. While developing countries like India, Turkey, etc., decide to modify the prevailing tracks, they're unable to take a position in new tracks and infrastructure because of the constraints in budget. The expenses related to the infrastructure are restricting the expansion of high-speed train networks in these countries.

Market Segmentation:

Train Battery Market, By Locomotive Type

  • Diesel Locomotive
  • Metros
  • Diesel Multiple Unit (DMU)
  • Light Rail/Trams/MonoRail
  • Electric Locomotive
  • Bullet Train
  • Electric Multiple Unit (EMU)
  • Passenger Coach
  • Freight Wagon

Train Battery Market, By Battery Type

  • Lead-Acid
  • Nickel-Cadmium
  • Lithium-Ion

The lithium-ion battery is anticipated to develop as the rapid-increasing battery type, while the demand for a lead-acid accumulator is projected to stay stagnant during the forecast period.

Train Battery Market, By Technology

  • Sinter PNE NiCd
  • Pocket Plate NiCd
  • Fibre PNE NiCd
  • Gel Tubular Lead Acid
  • VRLA (Valve Regulated Lead Acid)
  • Conventional Lead Acid
  • Lithium-Ion

Lithium-Ion battery has the biggest share of the train battery market. Also, various countries like Russia, the UK, France, and Germany have started shifting toward lithium-ion batteries in various trains due to better density, efficiency, and longer life. As these batteries also are maintenance free, operational costs are decreased. Most of the massive train networks round the world are projected to shift for these batteries during the outlook period. Regulatory bodies also are projected to play a serious role during this shift as they set the standards for the batteries which will be utilized in trains. As they provide tremendous advantages over other batteries, lithium-ion batteries are estimated to possess the biggest portion of the global train battery market throughout the projection period.

Train Battery Market, By Application

  • Starter Battery
  • Auxiliary Function Battery

Starter batteries in trains give capacity to play out a few pre-start capacities, for example, controlling up hydraulic pumps, air blowers, and brake systems mandatory for smooth motor turn over with no harm to motor parts. The developing interest for trains in creating nations, for example, China and India augurs well for the train battery market. China is wanting to have 45,000 kms of rapid rail arrange by 2025. India is chipping away at different metros, monorails, and fast trains across numerous urban areas. The interest for train is consequently anticipated to increment during the forecast period. This would build the interest for starter batteries making them the quickest developing fragment of the train battery industry by application.

Train Battery Market, By Advanced Rail Systems

  • Autonomous Trains
  • Hybrid Locomotive
  • Fully Battery-Operated Trains

Train Battery Region wise analysis:

Marked Segmentation based on the region:

  1. North America
    1. U.S
    2. Canada
  2. Europe
    1. Norway
    2. Germany
    3. Sweden
  3. Asia Pacific
    1. China
    2. India
    3. Japan
  4. Latin America
    1. Brazil
    2. Mexico
    3. Argentina
  5. Middle East and Africa

a. Middle East

b. Africa

Asia Pacific is projected to be the most essential train battery market in 2018. Market growth in the region is often attributed to the massive population and extensive rail networks. Ongoing projects like the Mumbai-Ahmedabad bullet will aid the expansion of the train battery market within the region. The Train battery marketplace for bullet trains in the Asia Pacific region is predicted to rise at a CAGR of about 8.00% over the foreseen period. Indian Railways is also aiming to develop semi-luxury passenger trains, metros, and high-speed trains. Hence, a rise within the number of passenger trains in the Asia Pacific area will drive the interest for train batteries in the future.

Key Players of Market:

  • CRRC Corporation Limited 
  • Alstom 
  • Siemens Mobility 
  • Bombardier Transportation 
  • General Electric 
  • Hyundai Rotem 
  • Kawasaki Heavy Industries
  • Trinity Rail Group
  • Stadler Rail AG

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Train Battery Market, By Battery Type                   

                    6.1.1 Lead Acid      

                    6.1.2 Nickel Cadmium      

                    6.1.3 Lithium-ion   

                    6.1.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.1.5 Y-o-Y Growth Rate Analysis         

                    6.1.6 Market Attractiveness Index         

          6.2 Train Battery Market, By Technology          

                    6.2.1 Gel Tubular    

                    6.2.2 Valve Regulated Lead Acid (VRLA) 

                    6.2.3 Conventional Lead Acid      

                    6.2.4 Sinter PNE     

                    6.2.5 Fiber PNE      

                    6.2.6 Pocket Plate   

                    6.2.7 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.8 Y-o-Y Growth Rate Analysis         

                    6.2.9 Market Attractiveness Index         

          6.3 Train Battery Market, By Locomotive Type            

                    6.3.1 Diesel Locomotive    

                    6.3.2 Diesel Multiple Unit 

                    6.3.3 Electric Locomotive  

                    6.3.4 Electric Multiple Unit

                    6.3.5 Metros

                    6.3.6 Bullet Trains  

                    6.3.7 Tram   

                    6.3.8 Passenger Coaches  

                    6.3.9 Freight Wagon         

                    6.3.10 Market Size Estimations & Forecasts (2019-2024)      

                    6.3.11 Y-o-Y Growth Rate Analysis       

                    6.3.12 Market Attractiveness Index       

          6.4 Train Battery Market, By Application           

                    6.4.1 Engine Starter

                    6.4.2 Auxiliary Function    

                    6.4.3 Market Size Estimations & Forecasts (2019-2024)        

                    6.4.4 Y-o-Y Growth Rate Analysis         

                    6.4.5 Market Attractiveness Index         

          6.5 Train Battery Market, By Advanced Train              

                    6.5.1 Autonomous Trains  

                    6.5.2 Hybrid Locomotive   

                    6.5.3 Battery-Operated Train      

                    6.5.4 Market Size Estimations & Forecasts (2019-2024)        

                    6.5.5 Y-o-Y Growth Rate Analysis         

                    6.5.6 Market Attractiveness Index         

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Battery Type        

                    7.2.3 By Technology          

                    7.2.4 By Locomotive Type 

                    7.2.5 By Application

                    7.2.6 By Advanced Train   

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Battery Type        

                    7.3.3 By Technology          

                    7.3.4 By Locomotive Type 

                    7.3.5 By Application

                    7.3.6 By Advanced Train   

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Battery Type        

                    7.4.3 By Technology          

                    7.4.4 By Locomotive Type 

                    7.4.5 By Application

                    7.4.6 By Advanced Train   

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Battery Type        

                    7.5.3 By Technology          

                    7.5.4 By Locomotive Type 

                    7.5.5 By Application

                    7.5.6 By Advanced Train   

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Battery Type        

                    7.6.3 By Technology          

                    7.6.4 By Locomotive Type 

                    7.6.5 By Application

                    7.6.6 By Advanced Train   

8. Key Player Analysis                           

          8.1 CRRC Corporation Limited              

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 Alstom             

          8.3 Siemens Mobility                  

          8.4 Bombardier Transportation             

          8.5 General Electric          

          8.6 Hyundai Rotem           

          8.7 Kawasaki Heavy Industries               

          8.8 Trinity Rail Group                 

          8.9 Stadler Rail AG           

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
  • Segment-level analysis in terms By Cutting Systems and estimations to detect key areas of industry growth in detail
  • Identification of key drivers, restraints, opportunities and challenges (DROC) in the market and their impact on shifting market dynamics
  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
  • Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development
  • A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
  1. Global Train Battery Market By Region, From 2021-2026 ( USD Billion )
  2. Global Train Battery Market By Battery Type, From 2021-2026 ( USD Billion )
  3. Global Lead Acid Market By Region, From 2021-2026 ( USD Billion )
  4. Global Nickel Cadmium Market By Region, From 2021-2026 ( USD Billion )
  5. Global Lithium-ion Market By Region, From 2021-2026 ( USD Billion )
  6. Global Train Battery Market By Technology, From 2021-2026 ( USD Billion )
  7. Global Gel Tubular Market By Region, From 2021-2026 ( USD Billion )
  8. Global Valve Regulated Lead Acid (VRLA) Market By Region, From 2021-2026 ( USD Billion )
  9. Global Conventional Lead Acid Market By Region, From 2021-2026 ( USD Billion )
  10. Global Sinter PNE Market By Region, From 2021-2026 ( USD Billion )
  11. Global Fiber PNE Market By Region, From 2021-2026 ( USD Billion )
  12. Global Pocket Plate Market By Region, From 2021-2026 ( USD Billion )
  13. Global Train Battery Market By Locomotive Type, From 2021-2026 ( USD Billion )
  14. Global Diesel Locomotive Market By Region, From 2021-2026 ( USD Billion )
  15. Global Diesel Multiple Unit Market By Region, From 2021-2026 ( USD Billion )
  16. Global Electric Locomotive Market By Region, From 2021-2026 ( USD Billion )
  17. Global Electric Multiple Unit Market By Region, From 2021-2026 ( USD Billion )
  18. Global Metros Market By Region, From 2021-2026 ( USD Billion )
  19. Global Bullet Trains Market By Region, From 2021-2026 ( USD Billion )
  20. Global Tram Market By Region, From 2021-2026 ( USD Billion )
  21. Global Passenger Coaches Market By Region, From 2021-2026 ( USD Billion )
  22. Global Freight Wagon Market By Region, From 2021-2026 ( USD Billion )
  23. Global Train Battery Market By Application, From 2021-2026 ( USD Billion )
  24. Global Engine Starter Market By Region, From 2021-2026 ( USD Billion )
  25. Global Auxiliary Function Market By Region, From 2021-2026 ( USD Billion )
  26. Global Train Battery Market By Advanced Train, From 2021-2026 ( USD Billion )
  27. Global Autonomous Trains Market By Region, From 2021-2026 ( USD Billion )
  28. Global Hybrid Locomotive Market By Region, From 2021-2026 ( USD Billion )
  29. Global Battery-Operated Train Market By Region, From 2021-2026 ( USD Billion )

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