DUBLIN--(BUSINESS WIRE)--The "Train Batteries - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Train Batteries Market to Reach $188.9 Million by 2027
Amid the COVID-19 crisis, the global market for Train Batteries estimated at US$138.9 Million in the year 2020, is projected to reach a revised size of US$188.9 Million by 2027, growing at a CAGR of 4.5% over the analysis period 2020-2027.
Nickel Cadmium, one of the segments analyzed in the report, is projected to record a 4.8% CAGR and reach US$86.4 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Lead Acid segment is readjusted to a revised 4.4% CAGR for the next 7-year period.
The U.S. Market is Estimated at $40.9 Million, While China is Forecast to Grow at 4.2% CAGR
The Train Batteries market in the U.S. is estimated at US$40.9 Million in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$33.4 Million by the year 2027 trailing a CAGR of 4.2% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 3.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.7% CAGR.
Lithium Ion Segment to Record 4.1% CAGR
In the global Lithium Ion segment, USA, Canada, Japan, China and Europe will drive the 4.1% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$23.3 Million in the year 2020 will reach a projected size of US$30.9 Million by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$21.6 Million by the year 2027.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of Covid-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 34 Featured):
- Amara Raja Batteries Ltd.
- Enersys
- Exide Industries Ltd.
- First National Battery
- GS Yuasa Corporation
- HBL Power Systems Ltd
- Hitachi
- Hoppecke Batterien GmbH & Co. KG
- Northstar
- Power & Industrial Battery Systems GmbH
- Saft Batteries
- SEC Battery
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- World 7-Year Perspective for Nickel Cadmium by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Lead Acid by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Lithium Ion by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Fully Battery Operated Trains by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Autonomous Trains by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Hybrid Locomotives by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Auxiliary Battery (HVAC, Doors & Infotainment) by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
- World 7-Year Perspective for Starter Battery by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2020 & 2027
III. GEOGRAPHIC MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 34
For more information about this report visit https://www.researchandmarkets.com/r/a1792q