DUBLIN--(BUSINESS WIRE)--The "Global Auxiliary Power Systems for Rolling Stock Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.
The global auxiliary power systems for rolling stock market to grow at a CAGR of 5.27% during the period 2018-2022.
Global Auxiliary Power Systems for Rolling Stock Market 2018-2022 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.
Auxiliary power systems (APS) for rolling stocks provide power to systems essential to train operation apart for traction. The growth in facilities provided on-board is increasing continuously, thus giving rise to the need for auxiliary power systems.
One trend in the market is emergence of Maglev trains. The emergence of Magnetic levitation (Maglev) trains is one of the key trends gaining traction in the market. These trains use the magnetic suspension to move the vehicle without touching the track. Since they do not contact the track, any constraints pertaining to friction are immediately eliminated, in turn, allowing them to achieve speeds of more than 500 kilometers per hour.
According to the report, one driver in the market is growth in railway electrification. Railway electrification has various benefits over diesel-powered trains. Two key benefits of rail electrification are economic viability and its environmental-friendly nature.
Further, the report states that one challenge in the market is lack of private sector participation in developing economies. Railway systems are highly capital intensive; therefore, the railway industry in developing economies requires the participation of the private sector for subsistence.
- GENERAL ELECTRIC
- Mitsubishi Electric
- SMA Railway Technology
- TTM Rail - Transtech Melbourne
Key Topics Covered:
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Market Landscape
Part 05: Market Sizing
Part 06: Five Forces Analysis
Part 07: Market Segmentation By Product
Part 08: Customer Landscape
Part 09: Regional Landscape
Part 10: Decision Framework
Part 11: Drivers And Challenges
Part 12: Market Trends
Part 13: Vendor Landscape
Part 14: Vendor Analysis
Part 15: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/mw64zh/global_auxiliary?w=4