Global Generator Market in Railways 2016-2020

About the Generator Market in Railways

Generators are devices that convert mechanical energy into electrical energy. The source of mechanical energy can be varied, ranging from an internal combustion engine or a hand crank compressed engine to a reciprocating steam engine. An internal combustion engine uses diesel, propane, gasoline, gas, and natural gas to generate mechanical energy, which is converted into electric energy by using a generator assembly.
Generators in railway locomotives are used both as a source of electric power for the traction motors as well as a backup source of electric power required to operate air conditioners, lights, and fans inside a coach; they also provide the power required by the electronic and communication equipment installed on the locomotives. A typical generator is powered via a fuel engine.

Technavio’s analysts forecast the Global Generator Market in Railways to grow at a CAGR of 5% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the Global Generator Market in Railways for 2016-2020. This industry research report calculates the market size based on the demand for generators from the railways sector.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Generator Market in 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
• ABB
• GE
• Harrington
• Stadco Generators
• Traktionssysteme Austria

Other prominent vendors
• Caterpillar
• Crompton Greaves
• Jenoptik
• Kirloskar Electric
• Sherwood Electromotion

Market driver
• Electro-diesel locomotives
• For a full, detailed list, view our report

Market challenge
• Rise in preference for airline services
• For a full, detailed list, view our report

Market trend
• Development of high-speed rail network
• 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?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.