Table of Content
1 INTRODUCTION 23
1.1 OBJECTIVES 23
1.2 MARKET DEFINITION 24
1.2.1 INCLUSIONS & EXCLUSIONS 24
TABLE 1 SEGMENT-WISE INCLUSIONS & EXCLUSIONS 24
1.3 MARKET SCOPE 25
FIGURE 1 MARKET SEGMENTATION: TRAIN BATTERY OE AND AFTERMARKET 25
1.3.1 TRAIN BATTERY OE MARKET, BY REGION 25
1.4 SUMMARY OF CHANGES 26
2 RESEARCH METHODOLOGY 27
2.1 RESEARCH DATA 27
FIGURE 2 TRAIN BATTERY MARKET: RESEARCH DESIGN 28
FIGURE 3 RESEARCH DESIGN MODEL 29
2.2 SECONDARY DATA 29
2.2.1 LIST OF KEY SECONDARY SOURCES TO ESTIMATE BASE NUMBERS (LOCOMOTIVE & ROLLING STOCK) 30
2.2.2 LIST OF KEY SECONDARY SOURCES FOR MARKET SIZING 30
2.2.3 KEY DATA FROM SECONDARY SOURCES 31
2.3 PRIMARY DATA 31
FIGURE 4 BREAKDOWN OF PRIMARY INTERVIEWS 32
2.3.1 SAMPLING TECHNIQUES AND DATA COLLECTION METHODS 32
2.3.2 PRIMARY PARTICIPANTS 33
2.4 MARKET SIZE ESTIMATION 33
FIGURE 5 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 34
2.4.1 BOTTOM-UP APPROACH 34
FIGURE 6 BOTTOM-UP APPROACH – BY BATTERY TYPE, AND TRAIN TYPE 35
FIGURE 7 BOTTOM-UP APPROACH FOR AFTERMARKET – BY BATTERY TYPE AND ROLLING STOCK 35
2.4.2 TOP-DOWN APPROACH 35
FIGURE 8 TOP-DOWN APPROACH: BATTERY TECHNOLOGY 36
FIGURE 9 TRAIN BATTERY MARKET: RESEARCH DESIGN & METHODOLOGY 36
2.4.3 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES 37
2.5 FACTOR ANALYSIS 38
2.6 MARKET BREAKDOWN 39
FIGURE 10 DATA TRIANGULATION 39
2.7 ASSUMPTIONS 40
2.8 RISK ASSESSMENT AND RANGES 40
TABLE 2 RISK ASSESSMENT AND RANGES 40
2.9 RESEARCH LIMITATIONS 41
3 EXECUTIVE SUMMARY 42
3.1 PRE- VS POST-COVID-19 SCENARIO 42
FIGURE 11 PRE VS POST-COVID-19 SCENARIO: TRAIN BATTERY MARKET,
2018–2030 (‘000 USD) 42
TABLE 3 TRAIN BATTERY MARKET: PRE VS. POST-COVID-19 SCENARIO,
2018–2030 (‘000 USD) 42
3.2 REPORT SUMMARY 43
FIGURE 12 TRAIN BATTERY MARKET OUTLOOK 43
FIGURE 13 TRAIN BATTERY MARKET, BY REGION, 2022 VS. 2030 (‘000 USD) 45
4 PREMIUM INSIGHTS 46
4.1 ATTRACTIVE OPPORTUNITIES IN TRAIN BATTERY MARKET 46
FIGURE 14 RISING DEMAND AND DEVELOPMENT OF EMUS, METROS, AND HIGH-SPEED TRAINS AND EXPANSION OF URBAN RAIL NETWORKS EXPECTED TO DRIVE MARKET 46
4.2 TRAIN BATTERY MARKET, BY BATTERY TECHNOLOGY 46
FIGURE 15 LITHIUM-ION BATTERY SEGMENT PROJECTED TO WITNESS FASTEST GROWTH DURING FORECAST PERIOD 46
4.3 TRAIN BATTERY MARKET, BY BATTERY TYPE 47
FIGURE 16 NICKEL-CADMIUM BATTERY SEGMENT PROJECTED TO LEAD MARKET FROM 2022 TO 2030 47
4.4 TRAIN BATTERY MARKET, BY ROLLING STOCK 47
FIGURE 17 ELECTRIC LOCOMOTIVE SEGMENT PROJECTED TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 47
4.5 TRAIN BATTERY MARKET, BY APPLICATION 48
FIGURE 18 AUXILIARY BATTERY SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD 48
4.6 TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE 48
FIGURE 19 FULLY BATTERY-OPERATED TRAIN SEGMENT PROJECTED TO LEAD MARKET DURING FORECAST PERIOD 48
4.7 TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE 49
FIGURE 20 LEAD-ACID SEGMENT TO REGISTER HIGHEST AFTERMARKET DEMAND BY VALUE DURING FORECAST PERIOD 49
4.8 TRAIN BATTERY MARKET, BY REGION 49
FIGURE 21 ASIA PACIFIC PROJECTED TO LEAD MARKET DURING FORECAST PERIOD 49
5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 MARKET DYNAMICS 50
FIGURE 22 MARKET DYNAMICS: TRAIN BATTERY MARKET 51
5.2.1 DRIVERS 51
5.2.1.1 Growth in adoption of autonomous and high-speed railways 51
TABLE 4 GRADE OF RAIL AUTOMATION 52
5.2.1.2 Emission regulations to increase demand for energy-efficient transportation systems 53
5.2.1.3 Expansion of railway networks 54
TABLE 5 UPCOMING KEY RAIL PROJECTS, BY COUNTRY 54
5.2.2 RESTRAINTS 55
5.2.2.1 High capital investment and operating cost of high-speed rail networks 55
5.2.3 OPPORTUNITIES 55
5.2.3.1 Expansion of IoT, AI, and DAS technologies 55
5.2.3.2 Improvements in battery technology 56
5.2.3.3 Retrofitting of diesel-electric trains 56
5.2.4 CHALLENGES 57
5.2.4.1 Technical challenges related to lead-acid and lithium-ion batteries 57
5.2.4.2 High cost of charging infrastructure and replacement 57
5.3 TRAIN BATTERY MARKET SCENARIO 58
FIGURE 23 TRAIN BATTERY MARKET SCENARIO, 2018–2030 (‘000 USD) 58
5.3.1 MOST LIKELY/REALISTIC SCENARIO 58
TABLE 6 REALISTIC SCENARIO - TRAIN BATTERY MARKET, BY REGION,
2018–2030 (‘000 USD) 58
5.3.2 HIGH COVID-19 IMPACT SCENARIO 59
TABLE 7 HIGH COVID-19 IMPACT SCENARIO - TRAIN BATTERY MARKET, BY REGION, 2018–2030 (‘000 USD) 59
5.3.3 LOW COVID-19 IMPACT SCENARIO 59
TABLE 8 LOW COVID-19 IMPACT SCENARIO - TRAIN BATTERY MARKET, BY REGION, 2018–2030 (‘000 USD) 59
5.4 REVENUE SHIFT DRIVING MARKET GROWTH 60
5.5 AVERAGE SELLING PRICE ANALYSIS 60
TABLE 9 AVERAGE PRICES OF LEAD-ACID TRAIN BATTERY, 2019-2021 60
TABLE 10 AVERAGE PRICES OF NICKEL-CADMIUM TRAIN BATTERY, 2019-2021 61
TABLE 11 AVERAGE PRICES OF LITHIUM-ION TRAIN BATTERY, 2019-2021 61
5.6 TECHNOLOGICAL ANALYSIS 62
5.6.1 OVERVIEW 62
5.6.1.1 MITRAC pulse traction battery 62
5.6.1.2 MRX nickel technology battery 62
5.7 MARKET ECOSYSTEM 62
TABLE 12 TRAIN BATTERY MARKET: MARKET ECOSYSTEM 62
5.8 SUPPLY CHAIN ANALYSIS 63
FIGURE 24 SUPPLY CHAIN ANALYSIS: TRAIN BATTERY MARKET 63
5.9 PATENT ANALYSIS 64
5.10 CASE STUDY 66
5.10.1 SOUTH-EASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY (SEPTA) 66
TABLE 13 USE CASE 1: SOUTH-EASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY (SEPTA) 66
5.10.2 VR GROUP 66
TABLE 14 USE CASE 2: VR GROUP 66
TABLE 15 USE CASE 3: CHENGDU METRO 66
TABLE 16 USE CASE 4: ALSTROM TRANSPORT 67
5.11 REGULATORY LANDSCAPE 67
TABLE 17 NORTH AMERICA: LOCOMOTIVE AND ROLLING STOCK REGULATIONS 67
TABLE 18 EUROPE: LOCOMOTIVE AND ROLLING STOCK REGULATIONS 68
TABLE 19 ASIA PACIFIC: LOCOMOTIVE AND ROLLING STOCK REGULATIONS 68
5.12 REGULATORY BODIES/KEY AGENCIES/OTHER ORGANIZATIONS 69
5.12.1 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 69
5.12.2 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 70
5.12.3 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 71
5.13 KEY CONFERENCES 71
5.13.1 TRAIN BATTERY MARKET: DETAILED LIST OF UPCOMING CONFERENCES & EVENTS 71
5.14 PORTER’S FIVE FORCES 72
5.14.1 INTENSITY OF COMPETITIVE RIVALRY 73
5.14.2 THREAT OF NEW ENTRANTS 73
5.14.3 THREAT OF SUBSTITUTES 73
5.14.4 BARGAINING POWER OF SUPPLIERS 73
5.14.5 BARGAINING POWER OF BUYERS 73
6 TRAIN BATTERY MARKET, BY BATTERY TYPE 74
6.1 INTRODUCTION 75
6.1.1 RESEARCH METHODOLOGY 75
6.1.2 ASSUMPTIONS/LIMITATIONS 75
6.1.3 INDUSTRY INSIGHTS 76
FIGURE 25 TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022 VS. 2030 (‘000 USD) 76
TABLE 20 TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 76
TABLE 21 TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 76
TABLE 22 TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 77
TABLE 23 TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 77
6.2 LEAD-ACID BATTERY 77
6.2.1 EASY TRANSPORTATION AND VALUE FOR COST EXPECTED TO INCREASE DEMAND FOR LEAD-ACID BATTERIES IN RAIL SECTOR 77
TABLE 24 LEAD-ACID BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 78
TABLE 25 LEAD-ACID BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 78
TABLE 26 LEAD-ACID BATTERY MARKET, BY REGION, 2018-2021 (‘000 USD) 78
TABLE 27 LEAD-ACID BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 78
6.3 NICKEL-CADMIUM BATTERY 79
6.3.1 ADVANTAGES SUCH AS UNINTERRUPTIBLE POWER SUPPLY AND HIGH CURRENT SUPPLY FOR DIESEL STARTING MOTOR LED TO HIGH MARKET PENETRATION 79
TABLE 28 NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 79
TABLE 29 NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 79
TABLE 30 NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 80
TABLE 31 NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2021–2030 (‘000 USD) 80
6.4 LITHIUM-ION BATTERY 80
6.4.1 LONGER CHARGE CYCLE AND HIGH-POWER DENSITY DRIVING ADOPTION OF LITHIUM-ION BATTERIES IN ROLLING STOCK 80
TABLE 32 LITHIUM-ION BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 81
TABLE 33 LITHIUM-ION BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 81
TABLE 34 LITHIUM-ION BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 81
TABLE 35 LITHIUM-ION BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 82
7 TRAIN BATTERY MARKET, BY BATTERY TECHNOLOGY 83
7.1 INTRODUCTION 84
7.1.1 RESEARCH METHODOLOGY 84
7.1.2 ASSUMPTIONS/LIMITATIONS 84
7.1.3 INDUSTRY INSIGHTS 85
FIGURE 26 TRAIN BATTERY MARKET, BY BATTERY TECHNOLOGY,
2022 VS 2030 (‘000 USD) 85
TABLE 36 TRAIN BATTERY MARKET, BY BATTERY TECHNOLOGY, 2018–2021 (UNITS) 85
TABLE 37 TRAIN BATTERY MARKET, BY BATTERY TECHNOLOGY, 2022–2030 (UNITS) 86
7.2 CONVENTIONAL LEAD-ACID BATTERY 86
7.2.1 GROWING POPULARITY OF VRLA LEAD-ACID BATTERIES TO IMPACT CONVENTIONAL LEAD-ACID BATTERY DEMAND 86
TABLE 38 CONVENTIONAL LEAD-ACID BATTERY MARKET, BY REGION,
2018–2021 (UNITS) 86
TABLE 39 CONVENTIONAL LEAD-ACID BATTERY MARKET, BY REGION,
2022–2030 (UNITS) 87
7.3 VALVE REGULATED LEAD-ACID (VRLA) BATTERY 87
7.3.1 HIGH RELIABILITY AND LOW COST OF OWNERSHIP EXPECTED TO
DRIVE DEMAND 87
TABLE 40 VRLA BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 87
TABLE 41 VRLA BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 88
7.4 GEL TUBULAR LEAD-ACID BATTERY 88
7.4.1 HIGH CURRENT APPLICATIONS EXPECTED TO INCREASE DEMAND 88
TABLE 42 GEL TUBULAR LEAD-ACID BATTERY MARKET, BY REGION,
2018–2021 (UNITS) 88
TABLE 43 GEL-TUBULAR LEAD-ACID BATTERY MARKET, BY REGION,
2022–2030 (UNITS) 89
7.5 SINTER/PNE NICKEL-CADMIUM BATTERY 89
7.5.1 GOOD CHARGEABILITY AND LONGER LIFE CYCLE EXPECTED TO DRIVE DEMAND 89
TABLE 44 SINTER/PNE NI-CD BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 89
TABLE 45 SINTER/PNE NI-CD BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 90
7.6 POCKET PLATE NICKEL-CADMIUM BATTERY 90
7.6.1 TECHNICAL CHALLENGES LIKE LOWER ENERGY DENSITY CAPACITY AND SHORT LIFETIME TO IMPACT MARKET SHARE DURING FORECAST PERIOD 90
TABLE 46 POCKET PLATE NI-CD BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 90
TABLE 47 POCKET PLATE NI-CD BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 91
7.7 FIBER/PNE NICKEL-CADMIUM BATTERY 91
7.7.1 REDUCTION IN SHORTCOMINGS OF SECOND-GENERATION NICKEL-CADMIUM BATTERY TECHNOLOGY EXPECTED TO DRIVE DEMAND. 91
TABLE 48 FIBER/PNE NI-CD BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 91
TABLE 49 FIBER/PNE NI-CD BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 92
7.8 LITHIUM-ION BATTERY 92
7.8.1 BETTER POWER EFFICIENCY AND HIGH VOLTAGE CAPACITY TO DRIVE DEMAND 92
TABLE 50 LITHIUM-ION BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 92
TABLE 51 LITHIUM-ION BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 93
8 TRAIN BATTERY MARKET, BY ROLLING STOCK 94
8.1 INTRODUCTION 95
8.1.1 RESEARCH METHODOLOGY 95
8.1.2 ASSUMPTIONS/LIMITATIONS 96
8.1.3 INDUSTRY INSIGHTS 96
FIGURE 27 TRAIN BATTERY MARKET, BY ROLLING STOCK, 2022 VS. 2030 (‘000 USD) 96
TABLE 52 TRAIN BATTERY MARKET, BY ROLLING STOCK, 2018–2021 (UNITS) 97
TABLE 53 TRAIN BATTERY MARKET, BY ROLLING STOCK, 2022–2030 (UNITS) 97
TABLE 54 TRAIN BATTERY MARKET, BY ROLLING STOCK, 2018–2021 (‘000 USD) 98
TABLE 55 TRAIN BATTERY MARKET, BY ROLLING STOCK, 2022–2030 (‘000 USD) 98
8.2 DIESEL LOCOMOTIVE 99
8.2.1 FREIGHT TRAINS AND RAIL NETWORKS IN DEVELOPING COUNTRIES EXPECTED TO DRIVE DEMAND 99
TABLE 56 DIESEL LOCOMOTIVE BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 99
TABLE 57 DIESEL LOCOMOTIVE BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 99
TABLE 58 DIESEL LOCOMOTIVE BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 100
TABLE 59 DIESEL LOCOMOTIVE BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 100
8.3 DIESEL MULTIPLE UNIT (DMU) 100
8.3.1 EXPANSION OF INTERCITY RAIL NETWORK TO DRIVE DEMAND 100
TABLE 60 DMU BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 101
TABLE 61 DMU BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 101
TABLE 62 DMU BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 101
TABLE 63 DMU BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 102
8.4 ELECTRIC LOCOMOTIVE 102
8.4.1 LOW MAINTENANCE COST AND HIGHER OPERATIONAL EFFICIENCY TO
DRIVE DEMAND 102
TABLE 64 ELECTRIC LOCOMOTIVE BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 103
TABLE 65 ELECTRIC LOCOMOTIVE BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 103
TABLE 66 ELECTRIC LOCOMOTIVE BATTERY MARKET, BY REGION,
2018–2021 (‘000 USD) 103
TABLE 67 ELECTRIC LOCOMOTIVE BATTERY MARKET, BY REGION,
2022–2030 (‘000 USD) 104
8.5 ELECTRIC MULTIPLE UNIT (EMU) 104
8.5.1 ADVANCED LIGHTING SOLUTIONS, SAFETY DOORS, AND HVACS EXPECTED TO DRIVE DEMAND FOR EMUS 104
TABLE 68 EMU BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 105
TABLE 69 EMU BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 105
TABLE 70 EMU BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 105
TABLE 71 EMU BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 106
8.6 METRO 106
8.6.1 EXPANSION OF URBAN RAIL NETWORK EXPECTED TO DRIVE DEMAND 106
TABLE 72 METRO BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 106
TABLE 73 METRO BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 107
TABLE 74 METRO BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 107
TABLE 75 METRO BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 107
8.7 HIGH-SPEED TRAIN 108
8.7.1 INFRASTRUCTURE DEVELOPMENT AND NEED FOR CHEAPER AND FASTER TRANSPORTATION MODES EXPECTED TO DRIVE DEMAND 108
TABLE 76 HIGH-SPEED TRAIN BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 108
TABLE 77 HIGH-SPEED TRAIN BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 108
TABLE 78 HIGH-SPEED TRAIN BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 108
TABLE 79 HIGH-SPEED TRAIN BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 109
8.8 LIGHT RAIL/TRAM/MONORAIL 109
8.8.1 RAPID URBANIZATION AND AESTHETIC VALUE TO DRIVE DEMAND 109
TABLE 80 LIGHT RAIL/TRAM/MONORAIL BATTERY MARKET, BY REGION,
2018–2021 (UNITS) 110
TABLE 81 LIGHT RAIL/TRAM/MONORAIL BATTERY MARKET, BY REGION,
2022–2030 (UNITS) 110
TABLE 82 LIGHT RAIL/TRAM/MONORAIL BATTERY MARKET, BY REGION,
2018–2021 (‘000 USD) 110
TABLE 83 LIGHT RAIL/TRAM/MONORAIL BATTERY MARKET, BY REGION,
2022–2030 (‘000 USD) 111
8.9 PASSENGER COACH 111
8.9.1 RAIL EXPANSION PROJECTS AND INCREASING NUMBER OF PASSENGERS EXPECTED TO DRIVE DEMAND 111
TABLE 84 PASSENGER COACH BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 112
TABLE 85 PASSENGER COACH BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 112
TABLE 86 PASSENGER COACH BATTERY MARKET, BY REGION, 2018-2021 (‘000 USD) 112
TABLE 87 PASSENGER COACH BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 113
9 TRAIN BATTERY MARKET, BY APPLICATION 114
9.1 INTRODUCTION 115
9.1.1 RESEARCH METHODOLOGY 115
9.1.2 ASSUMPTIONS/LIMITATIONS 115
9.1.3 INDUSTRY INSIGHTS 115
FIGURE 28 TRAIN BATTERY MARKET, BY APPLICATION, 2022 VS. 2030 (‘000 USD) 116
TABLE 88 TRAIN BATTERY MARKET, BY APPLICATION, 2018–2021 (UNITS) 116
TABLE 89 TRAIN BATTERY MARKET, BY APPLICATION, 2022–2030 (UNITS) 116
TABLE 90 TRAIN BATTERY MARKET, BY APPLICATION, 2018–2021 (‘000 USD) 116
TABLE 91 TRAIN BATTERY MARKET, BY APPLICATION, 2022–2030 (‘000 USD) 117
9.2 STARTER BATTERY 117
9.2.1 GROWTH OF DIESEL & HYBRID LOCOMOTIVES MARKET IN EMERGING ECONOMIES TO DRIVE DEMAND 117
TABLE 92 STARTER BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 117
TABLE 93 STARTER BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 118
TABLE 94 STARTER BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 118
TABLE 95 STARTER BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 118
9.3 AUXILIARY BATTERY (HVAC, DOORS, INFOTAINMENT) 119
9.3.1 METRO & HIGH-SPEED TRAINS TO DRIVE DEMAND FOR AUXILIARY FUNCTION BATTERIES 119
TABLE 96 AUXILIARY BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 119
TABLE 97 AUXILIARY BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 119
TABLE 98 AUXILIARY BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 120
TABLE 99 AUXILIARY BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 120
10 TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE 121
10.1 INTRODUCTION 122
10.1.1 RESEARCH METHODOLOGY 122
10.1.2 ASSUMPTIONS/LIMITATIONS 122
10.1.3 INDUSTRY INSIGHTS 122
FIGURE 29 TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE,
2025 VS. 2030 (‘000 USD) 123
TABLE 100 TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE, 2025–2030 (UNITS) 123
TABLE 101 TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE, 2025–2030 (‘000 USD) 123
10.2 AUTONOMOUS TRAIN 124
10.2.1 CONTINUOUS DEVELOPMENTS, LOW COST OF OPERATION, AND LOW ENERGY CONSUMPTION DRIVING DEMAND FOR AUTONOMOUS TRAINS 124
TABLE 102 AUTONOMOUS TRAIN BATTERY MARKET, BY REGION, 2025–2030 (UNITS) 124
TABLE 103 AUTONOMOUS TRAIN BATTERY MARKET, BY REGION, 2025–2030 (‘000 USD) 125
10.3 HYBRID LOCOMOTIVE 125
10.3.1 REDUCTION IN ENERGY CONSUMPTION AND REDUCED LIFECYCLE COST DRIVE DEMAND FOR HYBRID LOCOMOTIVES 125
TABLE 104 HYBRID LOCOMOTIVE BATTERY MARKET, BY REGION, 2025–2030 (UNITS) 126
TABLE 105 HYBRID LOCOMOTIVE BATTERY MARKET, BY REGION,
2025–2030 (‘000 USD) 126
10.4 FULLY BATTERY-OPERATED TRAIN 127
10.4.1 EXPANSION OF RAIL NETWORK AND HIGHER COST OF ELECTRIFICATION DRIVING DEMAND FOR FULLY BATTERY-OPERATED LOCOMOTIVES 127
TABLE 106 FULLY BATTERY-OPERATED TRAIN BATTERY MARKET, BY REGION,
2025–2030 (UNITS) 127
TABLE 107 FULLY BATTERY-OPERATED TRAIN BATTERY MARKET, BY REGION,
2025–2030 (‘000 USD) 128
11 TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK 129
11.1 INTRODUCTION 130
11.1.1 RESEARCH METHODOLOGY 130
11.1.2 ASSUMPTIONS/LIMITATIONS 131
11.1.3 INDUSTRY INSIGHTS 131
FIGURE 30 TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK,
2022 VS. 2030 (‘000 USD) 131
TABLE 108 TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2018–2021 (UNITS) 131
TABLE 109 TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2022–2030 (UNITS) 132
TABLE 110 TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2018–2021 (‘000 USD) 132
TABLE 111 TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2022–2030 (‘000 USD) 132
11.2 LOCOMOTIVES 133
11.2.1 IMPROVED LIFE CYCLE OF LOCOMOTIVES TO DRIVE DEMAND FOR TRAIN BATTERIES 133
TABLE 112 LOCOMOTIVES: BATTERY AFTERMARKET, BY REGION, 2018–2021 (UNITS) 133
TABLE 113 LOCOMOTIVES: BATTERY AFTERMARKET, BY REGION, 2022–2030 (UNITS) 133
TABLE 114 LOCOMOTIVES: BATTERY AFTERMARKET, BY REGION,
2018–2021 (‘000 USD) 134
TABLE 115 LOCOMOTIVES: BATTERY AFTERMARKET, BY REGION,
2022–2030 (‘000 USD) 134
11.3 MULTIPLE UNITS (MU) 134
11.3.1 ADVANCED FEATURES IN URBAN TRANSIT SYSTEMS INCREASE ADOPTION OF TRAIN BATTERIES IN MULTIPLE UNITS 134
TABLE 116 MULTIPLE UNITS: BATTERY AFTERMARKET, BY REGION, 2018–2021 (UNITS) 135
TABLE 117 MULTIPLE UNITS: BATTERY AFTERMARKET, BY REGION, 2022–2030 (UNITS) 135
TABLE 118 MULTIPLE UNITS: BATTERY AFTERMARKET, BY REGION,
2018–2021 (‘000 USD) 135
TABLE 119 MULTIPLE UNITS: BATTERY AFTERMARKET, BY REGION,
2022–2030 (‘000 USD) 135
11.4 PASSENGER COACHES 136
11.4.1 REFURBISHMENT PROJECTS TO EXTEND THE OPERATIONAL LIFE OF PASSENGER COACHES BOOST DEMAND 136
TABLE 120 PASSENGER COACHES: BATTERY AFTERMARKET, BY REGION,
2018–2021 (UNITS) 136
TABLE 121 PASSENGER COACHES: BATTERY AFTERMARKET, BY REGION,
2022–2030 (UNITS) 136
TABLE 122 PASSENGER COACHES: BATTERY AFTERMARKET, BY REGION,
2018-2021 (‘000 USD) 137
TABLE 123 PASSENGER COACHES: BATTERY AFTERMARKET, BY REGION,
2022–2030 (‘000 USD) 137
12 TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE 138
12.1 INTRODUCTION 139
12.1.1 RESEARCH METHODOLOGY 139
12.1.2 ASSUMPTIONS/LIMITATIONS 139
12.1.3 INDUSTRY INSIGHTS 139
FIGURE 31 TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2022 VS. 2030 (‘000 USD) 140
TABLE 124 TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 140
TABLE 125 TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 140
TABLE 126 TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 141
TABLE 127 TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 141
12.2 LEAD-ACID BATTERY 141
12.2.1 FREQUENT REPLACEMENT RATE AND LOW CYCLE LIFE DRIVE DEMAND 141
TABLE 128 LEAD-ACID BATTERY AFTERMARKET, BY REGION, 2018–2021 (UNITS) 142
TABLE 129 LEAD-ACID BATTERY AFTERMARKET, BY REGION, 2022–2030 (UNITS) 142
TABLE 130 LEAD-ACID BATTERY AFTERMARKET, BY REGION, 2018-2021 (‘000 USD) 142
TABLE 131 LEAD-ACID BATTERY AFTERMARKET, BY REGION, 2022–2030 (‘000 USD) 143
12.3 NICKEL-CADMIUM BATTERY 143
12.3.1 LONGER LIFE AND EASY MAINTENANCE BOOST MARKET SHARE 143
TABLE 132 NICKEL-CADMIUM BATTERY AFTERMARKET, BY REGION, 2018–2021 (UNITS) 143
TABLE 133 NICKEL-CADMIUM BATTERY AFTERMARKET, BY REGION, 2022–2030 (UNITS) 144
TABLE 134 NICKEL-CADMIUM BATTERY AFTERMARKET, BY REGION,
2018–2020 (‘000 USD) 144
TABLE 135 NICKEL-CADMIUM BATTERY AFTERMARKET, BY REGION,
2021–2030 (‘000 USD) 144
12.4 LITHIUM-ION BATTERY 145
12.4.1 HIGHER ADOPTION OF LITHIUM-ION BATTERIES TO DRIVE REPLACEMENT MARKET IN FUTURE 145
TABLE 136 LITHIUM-ION BATTERY AFTERMARKET, BY REGION, 2018–2021 (UNITS) 145
TABLE 137 LITHIUM-ION BATTERY AFTERMARKET, BY REGION, 2022–2030 (UNITS) 145
TABLE 138 LITHIUM-ION BATTERY AFTERMARKET, BY REGION, 2018–2021 (‘000 USD) 145
TABLE 139 LITHIUM-ION BATTERY AFTERMARKET, BY REGION, 2022–2030 (‘000 USD) 146
13 TRAIN BATTERY AFTERMARKET, BY APPLICATION 147
13.1 INTRODUCTION 148
13.1.1 RESEARCH METHODOLOGY 148
13.1.2 ASSUMPTIONS/LIMITATIONS 148
13.1.3 INDUSTRY INSIGHTS 148
FIGURE 32 TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2022 VS. 2030 (‘000 USD) 149
TABLE 140 TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2018–2021 (UNITS) 149
TABLE 141 TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2022–2030 (UNITS) 149
TABLE 142 TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2018–2021 (‘000 USD) 150
TABLE 143 TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2022–2030 (‘000 USD) 150
13.2 STARTER BATTERY 150
13.2.1 REPLACEMENT BATTERY DEMAND IN EMU, DMU, AND PASSENGER COACHES TO DRIVE DEMAND FOR STARTER BATTERIES 150
TABLE 144 STARTER BATTERY AFTERMARKET, BY REGION, 2018–2021 (UNITS) 150
TABLE 145 STARTER BATTERY AFTERMARKET, BY REGION, 2022–2030 (UNITS) 151
TABLE 146 STARTER BATTERY AFTERMARKET, BY REGION, 2018–2021 (‘000 USD) 151
TABLE 147 STARTER BATTERY AFTERMARKET, BY REGION, 2022–2030 (‘000 USD) 151
13.3 AUXILIARY BATTERY (HAVC, DOORS, INFOTAINMENT) 152
13.3.1 GROWING POWER REQUIREMENT OF ONBOARD ELECTRIC SYSTEMS TO RAISE MARKET DEMAND 152
TABLE 148 AUXILIARY FUNCTION BATTERY AFTERMARKET, BY REGION,
2018–2021 (UNITS) 152
TABLE 149 AUXILIARY FUNCTION BATTERY AFTERMARKET, BY REGION,
2022–2030 (UNITS) 152
TABLE 150 AUXILIARY FUNCTION BATTERY AFTERMARKET, BY REGION,
2018–2021 (‘000 USD) 152
TABLE 151 AUXILIARY FUNCTION BATTERY AFTERMARKET, BY REGION,
2022–2030 (‘000 USD) 153
14 US TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK 154
14.1 INTRODUCTION 155
14.1.1 RESEARCH METHODOLOGY 155
14.1.2 ASSUMPTIONS/LIMITATIONS 155
14.1.3 INDUSTRY INSIGHTS 156
FIGURE 33 US TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK,
2022 VS. 2030 (‘000 USD) 156
TABLE 152 US: TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2018–2021 (UNITS) 156
TABLE 153 US: TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2022–2030 (UNITS) 157
TABLE 154 US: TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK,
2018–2021 (‘000 USD) 157
TABLE 155 US: TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK,
2022–2030 (‘000 USD) 157
14.2 LOCOMOTIVES 158
14.2.1 HIGHER CAPITAL SPENDING FOR INCREASING LIFECYCLE OF LOCOMOTIVES TO DRIVE DEMAND FOR REPLACEMENT BATTERIES 158
14.3 MULTIPLE UNITS 158
14.3.1 EXPANSION OF URBAN AND INTERCITY RAIL NETWORKS TO DRIVE REPLACEMENT TRAIN BATTERY MARKET FOR MULTIPLE UNITS 158
14.4 PASSENGER COACHES 159
14.4.1 RETROFITTING OF PASSENGER COACHES TO PROVIDE MORE COMFORT
AND BETTER SAFETY TO DRIVE DEMAND 159
15 TRAIN BATTERY AFTERMARKET, BY REGION 160
15.1 INTRODUCTION 161
15.1.1 RESEARCH METHODOLOGY 161
15.1.2 ASSUMPTIONS/LIMITATIONS 161
FIGURE 34 INDUSTRY INSIGHTS 161
FIGURE 35 TRAIN BATTERY AFTERMARKET, BY REGION, 2022 VS 2030 (‘000 USD) 162
TABLE 156 TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2021 (UNITS) 162
TABLE 157 TRAIN BATTERY AFTERMARKET, BY REGION, 2022–2030 (UNITS) 162
TABLE 158 TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2021 (‘000 USD) 162
TABLE 159 TRAIN BATTERY AFTERMARKET, BY REGION, 2022–2030 (‘000 USD) 163
15.2 ASIA PACIFIC 163
15.3 EUROPE 163
15.4 NORTH AMERICA 164
16 TRAIN BATTERY MARKET, BY REGION 165
16.1 INTRODUCTION 166
16.1.1 RESEARCH METHODOLOGY 166
16.1.2 ASSUMPTIONS/LIMITATIONS 167
FIGURE 36 INDUSTRY INSIGHTS 167
FIGURE 37 TRAIN BATTERY MARKET, BY REGION, 2022 VS 2030 (‘000) 167
TABLE 160 TRAIN BATTERY MARKET, BY REGION, 2018–2021 (UNITS) 168
TABLE 161 TRAIN BATTERY MARKET, BY REGION, 2022–2030 (UNITS) 168
TABLE 162 TRAIN BATTERY MARKET, BY REGION, 2018–2021 (‘000 USD) 168
TABLE 163 TRAIN BATTERY MARKET, BY REGION, 2022–2030 (‘000 USD) 169
16.2 ASIA PACIFIC 169
FIGURE 38 ASIA PACIFIC: TRAIN BATTERY MARKET SNAPSHOT 170
TABLE 164 ASIA PACIFIC: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2021 (UNITS) 171
TABLE 165 ASIA PACIFIC: TRAIN BATTERY MARKET, BY COUNTRY, 2022–2030 (UNITS) 171
TABLE 166 ASIA PACIFIC: TRAIN BATTERY MARKET, BY COUNTRY,
2018–2021 (‘000 USD) 171
TABLE 167 ASIA PACIFIC: TRAIN BATTERY MARKET, BY COUNTRY,
2022–2030 (‘000 USD) 172
16.2.1 CHINA 172
16.2.1.1 Rail expansion projects expected to drive market 172
TABLE 168 CHINA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 172
TABLE 169 CHINA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 173
TABLE 170 CHINA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 173
TABLE 171 CHINA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 173
16.2.2 INDIA 174
16.2.2.1 Electrification of rail routes to drive demand for train batteries 174
TABLE 172 INDIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 174
TABLE 173 INDIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 174
TABLE 174 INDIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 174
TABLE 175 INDIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 175
16.2.3 JAPAN 175
16.2.3.1 High-speed EMUs projected to drive demand 175
TABLE 176 JAPAN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 175
TABLE 177 JAPAN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 176
TABLE 178 JAPAN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 176
TABLE 179 JAPAN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 176
16.2.4 SOUTH KOREA 177
16.2.4.1 Strong urban rail network and development of high-speed rail service to drive demand 177
TABLE 180 SOUTH KOREA: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2018–2021 (UNITS) 177
TABLE 181 SOUTH KOREA: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2022–2030 (UNITS) 177
TABLE 182 SOUTH KOREA: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2018–2021 (‘000 USD) 177
TABLE 183 SOUTH KOREA: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2022–2030 (‘000 USD) 178
16.3 EUROPE 178
FIGURE 39 EUROPE TRAIN BATTERY MARKET, BY COUNTRY, 2022 VS 2030 (‘000 USD) 179
TABLE 184 EUROPE: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2021 (UNITS) 179
TABLE 185 EUROPE: TRAIN BATTERY MARKET, BY COUNTRY, 2022–2030 (UNITS) 180
TABLE 186 EUROPE: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2021 (‘000 USD) 180
TABLE 187 EUROPE: TRAIN BATTERY MARKET, BY COUNTRY, 2022–2030 (‘000 USD) 181
16.3.1 FRANCE 181
16.3.1.1 Stringent emission norms for locomotives expected to boost demand for train batteries 181
TABLE 188 FRANCE: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 182
TABLE 189 FRANCE: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 182
TABLE 190 FRANCE: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 182
TABLE 191 FRANCE: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 183
16.3.2 GERMANY 183
16.3.2.1 Replacement of diesel locomotives with battery operated trains to drive demand 183
TABLE 192 GERMANY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 183
TABLE 193 GERMANY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 184
TABLE 194 GERMANY: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2018–2021 (‘000 USD) 184
TABLE 195 GERMANY: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2022–2030 (‘000 USD) 184
16.3.3 ITALY 185
16.3.3.1 Increase in demand for batteries for EMUs and light rails to drive market 185
TABLE 196 ITALY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 185
TABLE 197 ITALY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 185
TABLE 198 ITALY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018– 2021 (‘000 USD) 185
TABLE 199 ITALY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 186
16.3.4 SPAIN 186
16.3.4.1 High-speed trains to drive future demand 186
TABLE 200 SPAIN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 186
TABLE 201 SPAIN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 187
TABLE 202 SPAIN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 187
TABLE 203 SPAIN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 187
16.3.5 UK 188
16.3.5.1 Urban rail developments to drive future demand 188
TABLE 204 UK: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 188
TABLE 205 UK: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 188
TABLE 206 UK: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 188
TABLE 207 UK: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 189
16.3.6 SWITZERLAND 189
16.3.6.1 Passenger trains to drive demand for batteries 189
TABLE 208 SWITZERLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2018–2021 (UNITS) 190
TABLE 209 SWITZERLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2022–2030 (UNITS) 190
TABLE 210 SWITZERLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2018–2021 (‘000 USD) 190
TABLE 211 SWITZERLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2022–2030 (‘000 USD) 190
16.3.7 POLAND 191
16.3.7.1 Intercity trains to drive demand for train batteries 191
TABLE 212 POLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 191
TABLE 213 POLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 191
TABLE 214 POLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2018–2021 (‘000 USD) 192
TABLE 215 POLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2022–2030 (‘000 USD) 192
16.3.8 SWEDEN 192
16.3.8.1 Rising demand for regional trains to drive market 192
TABLE 216 SWEDEN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 193
TABLE 217 SWEDEN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 193
TABLE 218 SWEDEN: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2018–2021 (‘000 USD) 193
TABLE 219 SWEDEN: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2022–2030 (‘000 USD) 193
16.4 NORTH AMERICA 194
FIGURE 40 NORTH AMERICA TRAIN BATTERY MARKET SNAPSHOT 195
TABLE 220 NORTH AMERICA: TRAIN BATTERY MARKET, BY COUNTRY,
2018–2021 (UNITS) 195
TABLE 221 NORTH AMERICA: TRAIN BATTERY MARKET, BY COUNTRY,
2022–2030 (UNITS) 196
TABLE 222 NORTH AMERICA: TRAIN BATTERY MARKET, BY COUNTRY,
2018–2021 (‘000 USD) 196
TABLE 223 NORTH AMERICA: TRAIN BATTERY MARKET, BY COUNTRY,
2022–2030 (‘000 USD) 196
16.4.1 US 197
16.4.1.1 High diesel prices to drive market 197
TABLE 224 US: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 197
TABLE 225 US: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 197
TABLE 226 US: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 197
TABLE 227 US: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 198
16.4.2 CANADA 198
16.4.2.1 Commuter trains like metros and passenger rails projected to drive demand for train batteries 198
TABLE 228 CANADA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 198
TABLE 229 CANADA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 199
TABLE 230 CANADA: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2018–2021 (‘000 USD) 199
TABLE 231 CANADA: TRAIN BATTERY MARKET, BY BATTERY TYPE,
2022–2030 (‘000 USD) 199
16.4.3 MEXICO 200
16.4.3.1 Catenary free rail track expected to drive market 200
TABLE 232 MEXICO: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 200
TABLE 233 MEXICO: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 200
TABLE 234 MEXICO: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 200
TABLE 235 MEXICO: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 201
16.5 REST OF THE WORLD (ROW) 201
FIGURE 41 ROW: TRAIN BATTERY MARKET, BY COUNTRY, 2022 VS 2030 (‘000 USD) 202
TABLE 236 ROW: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2021 (UNITS) 202
TABLE 237 ROW: TRAIN BATTERY MARKET, BY COUNTRY, 2022–2030 (UNITS) 202
TABLE 238 ROW: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2021 (‘000 USD) 202
TABLE 239 ROW: TRAIN BATTERY MARKET, BY COUNTRY, 2022–2030 (‘000 USD) 203
16.5.1 RUSSIA 203
16.5.1.1 Demand for wide temperature range rail batteries to drive market 203
TABLE 240 RUSSIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 203
TABLE 241 RUSSIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 204
TABLE 242 RUSSIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 204
TABLE 243 RUSSIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 204
16.5.2 BRAZIL 205
16.5.2.1 Demand for auxiliary function batteries to drive market 205
TABLE 244 BRAZIL: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (UNITS) 205
TABLE 245 BRAZIL: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (UNITS) 205
TABLE 246 BRAZIL: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2021 (‘000 USD) 205
TABLE 247 BRAZIL: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2022–2030 (‘000 USD) 206"
"17 RECOMMENDATIONS FROM MARKETSANDMARKETS 207
17.1 ASIA PACIFIC: POTENTIAL MARKET FOR TRAIN BATTERY MANUFACTURERS TO
FOCUS ON 207
17.2 COST-EFFECTIVE BATTERY TECHNOLOGIES WITH HIGH ENERGY DENSITY THE
NEED OF THE FUTURE 207
17.3 CONCLUSION 208
18 COMPETITIVE LANDSCAPE 209
18.1 OVERVIEW 209
18.2 TRAIN BATTERY MARKET SHARE ANALYSIS, 2021 209
FIGURE 42 TRAIN BATTERY MARKET SHARE, 2021 209
TABLE 248 MARKET SHARE ANALYSIS FOR TRAIN BATTERY MARKET, 2022 210
18.3 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 210
FIGURE 43 REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2021 210
18.4 COMPETITIVE EVALUATION QUADRANT 211
18.4.1 TERMINOLOGY 211
18.4.2 STAR 211
18.4.3 EMERGING LEADERS 211
18.4.4 PERVASIVE 212
18.4.5 PARTICIPANTS 212
TABLE 249 TRAIN BATTERY MARKET: COMPANY PRODUCT FOOTPRINT, 2021 212
TABLE 250 TRAIN BATTERY MARKET: COMPANY APPLICATION FOOTPRINT, 2021 213
TABLE 251 TRAIN BATTERY MARKET: COMPANY REGION FOOTPRINT, 2021 214
FIGURE 44 TRAIN BATTERY MANUFACTURERS: COMPETITIVE EVALUATION MATRIX, 2021 215
18.5 COMPETITIVE EVALUATION QUADRANT – TRAIN BATTERY MANUFACTURERS 216
18.5.1 STAR 216
18.5.2 EMERGING LEADERS 216
18.5.3 PERVASIVE 216
18.5.4 PARTICIPANTS 216
18.6 COMPETITIVE SCENARIO 217
18.6.1 PRODUCT LAUNCHES 217
TABLE 252 PRODUCT LAUNCHES, 2018-2021 217
18.6.2 DEALS 218
TABLE 253 DEALS, 2018–2022 218
18.6.3 EXPANSIONS, 2019–2021 221
TABLE 254 EXPANSIONS, 2019–2021 221
18.7 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2018–2021 222
TABLE 255 COMPANIES ADOPTED NEW PRODUCT DEVELOPMENTS AND EXPANSIONS AS KEY GROWTH STRATEGIES, 2018–2021 222
19 COMPANY PROFILES 224
19.1 KEY PLAYERS 224
(Business overview, Products offered, Recent Developments, MNM view)*
19.1.1 ENERSYS 224
TABLE 256 ENERSYS: BUSINESS OVERVIEW 224
FIGURE 45 ENERSYS: COMPANY SNAPSHOT 225
TABLE 257 ENERSYS– DEALS 226
TABLE 258 ENERSYS: PRODUCT LAUNCHES 227
19.1.2 SAFT 229
TABLE 259 SAFT: BUSINESS OVERVIEW 229
TABLE 260 SAFT– DEALS 230
TABLE 261 SAFT: EXPANSION 232
19.1.3 GS YUASA INTERNATIONAL LTD. 233
TABLE 262 GS YUASA INTERNATIONAL LTD.: BUSINESS OVERVIEW 233
FIGURE 46 GS YUASA INTERNATIONAL LTD.: COMPANY SNAPSHOT 234
TABLE 263 GS YUASA INTERNATIONAL LTD.: EXPANSION 235
TABLE 264 GS YUASA INTERNATIONAL LTD.: PRODUCT LAUNCHES 235
19.1.4 EXIDE INDUSTRIES LTD. 237
TABLE 265 EXIDE INDUSTRIES LTD.: BUSINESS OVERVIEW 237
FIGURE 47 EXIDE INDUSTRIES LTD.: COMPANY SNAPSHOT 237
TABLE 266 EXIDE INDUSTRIES LTD.: DEALS 238
19.1.5 AMARA RAJA BATTERIES LTD. 240
TABLE 267 AMARA RAJA BATTERIES LTD.: BUSINESS OVERVIEW 240
FIGURE 48 AMARA RAJA BATTERIES LTD.: COMPANY SNAPSHOT 240
TABLE 268 AMARA RAJA BATTERIES: DEALS 241
19.1.6 HOPPECKE CARL ZOELLNER & SOHN GMBH 243
TABLE 269 HOPPECKE CARL ZOELLNER & SOHN GMBH: BUSINESS OVERVIEW 243
TABLE 270 HOPPECKE CARL ZOELLNER & SOHN GMBH: DEALS 244
TABLE 271 HOPPECKE CARL ZOELLNER & SOHN GMBH: EXPANSION 244
19.1.7 SEC BATTERY 245
TABLE 272 SEC BATTERY: BUSINESS OVERVIEW 245
19.1.8 FIRST NATIONAL BATTERY 246
TABLE 273 FIRST NATIONAL BATTERY: BUSINESS OVERVIEW 246
19.1.9 POWER & INDUSTRIAL BATTERY SYSTEMS GMBH 248
TABLE 274 POWER & INDUSTRIAL BATTERY SYSTEMS GMBH: BUSINESS OVERVIEW 248
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
19.2 TRAIN BATTERY MARKET – ADDITIONAL PLAYERS 249
19.2.1 HITACHI RAIL LIMITED 249
TABLE 275 HITACHI RAIL LIMITED: COMPANY OVERVIEW 249
19.2.2 EAST PENN MANUFACTURING COMPANY 250
TABLE 276 EAST PENN MANUFACTURING COMPANY: COMPANY OVERVIEW 250
19.2.3 AEG POWER SOLUTIONS 251
TABLE 277 AEG POWER SOLUTIONS: COMPANY OVERVIEW 251
19.2.4 FURUKAWA ELECTRIC CO., LTD, 252
TABLE 278 FURUKAWA ELECTRIC CO., LTD: COMPANY OVERVIEW 252
19.2.5 HUNAN FENGRI POWER & ELECTRIC CO., LTD. 253
TABLE 279 HUNAN FENGRI POWER & ELECTRIC CO. LTD.: COMPANY OVERVIEW 253
19.2.6 SHUANGDENG GROUP CO., LTD. 254
TABLE 280 SHUANGDENG GROUP CO., LTD.: COMPANY OVERVIEW 254
19.2.7 COSLIGHT INDIA 255
TABLE 281 COSLIGHT INDIA: COMPANY OVERVIEW 255
19.2.8 SHIELD BATTERIES 256
TABLE 282 SHIELD BATTERIES: COMPANY OVERVIEW 256
19.2.9 AKASOL AG 257
TABLE 283 AKASOL AG: COMPANY OVERVIEW 257
19.2.10 DMS TECHNOLOGIES 258
TABLE 284 DMS TECHNOLOGIES: COMPANY OVERVIEW 258
19.2.11 NATIONAL RAILWAY SUPPLY 259
TABLE 285 NATIONAL RAILWAY SUPPLY: COMPANY OVERVIEW 259
19.2.12 LECLANCHÉ SA 260
TABLE 286 LECLANCHÉ SA: COMPANY OVERVIEW 260
20 APPENDIX 261
20.1 CURRENCY & PRICING 261
20.2 KEY INSIGHTS OF INDUSTRY EXPERTS 262
20.3 DISCUSSION GUIDE 262
20.4 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 266
20.5 AVAILABLE CUSTOMIZATIONS 268
20.5.1 TRAIN BATTERY MARKET, BY APPLICATION AND ROLLING STOCK 268
20.5.1.1 Engine Starters 268
20.5.1.2 Auxiliary Functions 268
20.5.2 TRAIN BATTERY MARKET, BY ROLLING STOCK AND BY BATTERY TYPE 268
20.5.2.1 Lead-acid 268
20.5.2.2 Nickel-Cadmium 268
20.5.2.3 Lithium-ion 268
20.6 RELATED REPORTS 269
20.7 AUTHOR DETAILS 270
US $
Euro €
GBP £