The global battery market for railways to grow at a CAGR of 3.8% during the period 2016-2020.
Railway batteries are generally used for rolling stock or stationary applications. Rolling stock batteries are used for starting locomotives, lightings, and on-board auxiliary systems used in engines and coaches; whereas, stationary batteries are used as emergency backup power for railroad crossings, signal towers, and signaling systems.
Global Battery Market for Railways 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
According to the report, one of the key drivers for market growth will be Significant investment initiatives in public transit systems by many countries worldwide have helped to boost the market growth for rolling stock. Electric train networks are excellent alternatives to road transportation networks and airways that are prone to congestion. The plunge in fuel prices is also prompting an increase in number of people to choose trains over road or air transports.
One of the key trends for market growth will be growth in urban mobility solutions. With economic growth, countries are increasing their investment in railway infrastructure projects to provide better public transport services. This includes increasing connectivity between cities, line of operations for inter-city transits, and high-speed trains.
Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
- Exide India Limited
- Exide Technologies
Other prominent vendors
- Amara Raja
- GS Yuasa
- Quallion LLC
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-users
Part 07: Market segmentation by battery type
Part 08: Market segmentation by geography
Part 09: Market drivers
Part 10: Impact of drivers
Part 11: Market challenges
Part 12: Impact of drivers and challenges
Part 13: Market trends
Part 14: Vendor landscape
Part 15: Key vendor analysis
Part 16: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/j2rfpv/global_battery