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Global Battery Market for Railways 2016-2020

Global Battery Market for Railways 2016-2020

About Railway Batteries

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.

Technavio’s analysts forecast the global battery market for railways to grow at a CAGR of 3.8% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global battery market for railways for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the major vendors in the market.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, 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.

Key vendors
  • EnerSys
  • Exide India Limited
  • Exide Technologies
  • HBL
  • Saft
Other prominent vendors
  • Amara Raja
  • HOPPECKE
  • GS Yuasa
  • Quallion LLC
Market driver
  • Rise in railway electrification projects to reduce fuel import
  • For a full, detailed list, view our report
Market challenge
  • Economic uncertainty and railway transport hit by oil price collapse
  • For a full, detailed list, view our report
Market trend
  • Emergence of new energy technologies to transform railway industry into clean energy mode
  • For a full, detailed list, view our report
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?


Press Release

Technavio Announces the Publication of its Research Report – Global Battery Market for Railways 2016-2020

Technavio recognizes the following companies as the key players in the global battery market for railways: EnerSys, Exide India Limited, Exide Technologies, HBL, and Saft.

Other Prominent Vendors in the market are: Amara Raja, HOPPECKE, GS Yuasa, and Quallion LLC.

Commenting on the report, an analyst from Technavio’s team said: “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. India is making a huge investment for developing metro and monorail projects to enhance public transport connectivity. Delhi, Mumbai, and Bangalore have established metro railway projects. Cities such as Lucknow, Pune, and Chandigarh have monorail projects in the pipeline that are expected to be completed by 2020. People are driven to use public transport like metros and monorails for commuting as it saves cost on fuel and time. Thus, the growing popularity of these modes of transportation in India will lead to an increase in demand for passenger railway vehicles, which will drive the growth of the 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.

Further, the report states that one of the challenges for the market will be slow progress of railway projects. The railway sector in many developing and developed countries is solely government-owned and not privatized. For instance, the Indian Railways is owned and managed by the government of India. As some of these government entities or public sector establishments are enduring huge losses, they are unable to take up new railway infrastructure growth projects. The deficit financing in the railway sector affects the market negatively, as the sector is experiencing losses and will not be able to take new loans to finance railway infrastructure projects.

Companies Mentioned

EnerSys, Exide India Limited, Exide Technologies, HBL, Saft, Amara Raja, HOPPECKE, GS Yuasa, and Quallion LLC.

  • Executive summary
    • Highlights
  • Scope of the report
    • Market overview
      • Table Key countries in each region
    • Top-vendor offerings
      • Table Product offerings
  • Market research methodology
    • Research methodology
    • Economic indicators
  • Introduction
    • Key market highlights
      • Table Types of batteries used in railways
  • Market landscape
    • Market overview
      • Table Segmentation of global battery market for railways
      • Table Global battery market for railways 2015-2020 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by end-users
    • Global battery market for railways by end-users
      • Table Global battery market for railways by end-users 2015
      • Table Global battery market for railways by end-users 2020
      • Table Global battery market for railways by end-users 2015-2020 ($ millions)
    • Global battery market for railways by rapid transit vehicles
      • Table Global battery market for railways by rapid transit vehicles 2015-2020 ($ millions)
      • Table Global rolling stock market by rapid transit vehicles 2015-2020 ($ billions)
    • Global battery market for railways by railroad cars
      • Table Global battery market for railways by railroad cars 2015-2020 ($ millions)
      • Table Global rolling stock market by railroad transportation 2015-2020 ($ billions)
    • Global battery market for railways by locomotives
      • Table Global battery market for railways by locomotives 2015-2020 ($ millions)
      • Table Global rolling stock market by locomotives 2015-2020 ($ billions)
  • Market segmentation by battery type
    • Global battery market for railways by battery type
      • Table Global battery market for railways by battery type 2015
      • Table Global battery market for railways by battery type 2020
      • Table Global battery market for railways by battery type 2015-2020 ($ millions)
    • Global battery market for railways by LAB
      • Table Global battery market for railways by LAB 2015-2020 ($ millions)
    • Global battery market for railways by Ni-Cd
      • Table Global battery market for railways by Ni-Cd 2015-2020 ($ millions)
    • Global battery market for railways by Li-ion battery
      • Table Global battery market for railways by Li-ion battery 2015-2020 ($ millions)
      • Table Comparison of Li-ion batteries and LAB for railway applications
  • Market segmentation by geography
    • Global battery market for railways by geography
      • Table Global battery market for railways by geography 2015
      • Table Global battery market for railways by geography 2020
      • Table Global battery market for railways by geographical segmentation 2015-2020 ($ millions)
    • Battery market for railways in EMEA
      • Table Battery market for railways in EMEA 2015-2020 ($ millions)
    • Battery market for railways in Americas
      • Table Battery market for railways in Americas 2015-2020 ($ millions)
    • Battery market for railways in APAC
      • Table Battery market for railways in APAC 2015-2020 ($ millions)
  • Market drivers
    • Rise in railway electrification projects to reduce fuel import
    • Increased investments across major countries to tap railway potential
      • Table Investments planned across major countries
      • Table Major high-speed trains projects across the world
    • Growing requirement of environmental and sustainable transport mode driving green railways
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Lack of private sector participation hampering growth of railways in developing countries
      • Table Role of governments in railway industry
    • High initial investment in rolling stocks
    • Economic uncertainty and railway transport hit by oil price collapse
      • Table Annual US crude oil transportation by rails 2005-2014 (barrels)
    • Slow progress of railway projects
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Emergence of new energy technologies to transform railway industry into clean energy mode
      • Table Japanese railway storage system for energy recovered from braking
    • Increase in implementation of high-speed railway lines
    • Growth in urban mobility solutions
  • Vendor landscape
    • Competitive landscape
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • EnerSys
      • Table EnerSys: Product segmentation by 2015
      • Table EnerSys: Geographical segmentation by revenue 2015
    • Exide India Limited
      • Table Exide India Limited: Product portfolio
    • Exide Technologies
    • HBL
      • Table Exide India Limited: Product category
    • Saft
      • Table Saft: Product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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