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?

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