Product Code: GVR-4-68040-411-4
Train Battery Market Size & Trends:
The global train battery market size was estimated at USD 275.00 million in 2023 and expected to grow at a CAGR of 5.7% from 2024 to 2030. The global market is poised for significant growth, driven by the increasing adoption of electrification in the railway industry and the emphasis on reducing pollution.Key factors influencing the market include advancements in battery technology, the rise of hybrid trains, and the need for energy-efficient solutions to reduce operational costs and environmental impact. The demand for lithium-ion batteries is projected to increase rapidly over the coming years, driven by their growing availability and advancements in battery technology.
Hybrid trains are expected to account for a substantial share of global train battery demand outlook, as they offer flexibility in changing propulsion systems and promote market growth by reducing pollution. The demand for completely battery-operated trains is also forecasted to increase at a rapid pace, supported by the growing electrification of the railway system worldwide.
Global Train Battery Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2018 to 2030. For this study, Grand View Research has segmented global train battery market report based on type, technology, application, and region:
- Type Outlook (Revenue, USD Million, 2018 - 2030)
- Lead Acid Battery
- Nickel Cadmium Battery
- Lithium Ion Battery
- Technology Outlook (Revenue, USD Million, 2018 - 2030)
- Conventional Lead Acid Battery
- Valve Regulated Lead Acid Battery
- Gel Tubular Lead Acid Battery
- Sinter/PNE Ni-Cd Battery
- Pocket Plate Ni-Cd Battery
- Fiber/PNE Ni-Cd Battery
- Lithium Iron Phosphate (LFP)
- Lithium Titanate Oxide (LTO)
- Others
- Application Outlook (Revenue, USD Million, 2018 - 2030)
- Metros
- High-speed Trains
- Light Rails/Trams/Monorails
- Passenger Coaches
- Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- Europe
- Germany
- UK
- Italy
- Spain
- France
- Russia
- Asia Pacific
- China
- India
- Japan
- Australia
- Central & South America
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Projects & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation & Publishing
- 1.7. List of Abbreviations
Chapter 2. Executive Summary
- 2.1. Market Outlook, 2023 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Landscape Snapshot
Chapter 3. Train Battery Market Variables, Trends, and Scope
- 3.1. Market Lineage Outlook
- 3.2. Penetration & Growth Prospects Mapping
- 3.3. Industry Value Chain Analysis
- 3.4. Regulatory Framework
- 3.4.1. Standards & Compliances
- 3.4.2. Regulatory Impact Analysis
- 3.5. Market Dynamics
- 3.5.1. Market Driver Analysis
- 3.5.2. Market Restraint Analysis
- 3.5.3. Market Challenges Analysis
- 3.5.4. Market Opportunity Analysis
- 3.6. Business Environment Analysis
- 3.6.1. Industry analysis - porter's five forces analysis
- 3.6.2. Industry analysis - Pestle analysis
Chapter 4. Train Battery Market: Type Estimates & Trend Analysis
- 4.1. Type Movement Analysis & Market Share, 2023 & 2030
- 4.2. Lead Acid Battery
- 4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.3. Nickel Cadmium Battery
- 4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 4.4. Lithium Ion Battery
- 4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 5. Train Battery Market: Technology Estimates & Trend Analysis
- 5.1. Technology Movement Analysis & Market Share, 2023 & 2030
- 5.2. Conventional Lead Acid Battery
- 5.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.3. Valve Regulated Lead Acid Battery
- 5.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.4. Gel Tubular Lead Acid Battery
- 5.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.5. Sinter/PNE Ni-Cd Battery
- 5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.6. Pocket Plate Ni-Cd Battery,
- 5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.7. Fiber/PNE Ni-Cd Battery
- 5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.8. Lithium Iron Phosphate (LFP)
- 5.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.9. Lithium Titanate Oxide (LTO),
- 5.9.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 5.10. Others
- 5.10.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 6. Train Battery Market: Application Estimates & Trend Analysis
- 6.1. Type Movement Analysis & Market Share, 2023 & 2030
- 6.2. Metros
- 6.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.3. High-speed Trains
- 6.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.4. Light Rails/Trams/Monorails
- 6.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 6.5. Passenger Coaches
- 6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
Chapter 7. Train Battery Market: Regional Estimates & Trend Analysis
- 7.1. Key Takeaways
- 7.2. Regional Movement Analysis & Market Share, 2023 & 2030
- 7.3. North America
- 7.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.3.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.3.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.5. U.S.
- 7.3.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.3.5.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.3.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.6. Canada
- 7.3.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.3.6.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.3.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.3.7. Mexico
- 7.3.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.3.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.3.7.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.3.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4. Europe
- 7.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.1.1. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.4.1.2. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.4.1.3. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.2. Germany
- 7.4.2.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.2.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.4.2.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.4.2.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.3. U.K.
- 7.4.3.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.3.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.4.3.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.4.3.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.4. France
- 7.4.4.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.4.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.4.4.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.4.4.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.5. Italy
- 7.4.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.4.5.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.4.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.6. Spain
- 7.4.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.4.6.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.4.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.4.7. Russia
- 7.4.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.4.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.4.7.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.4.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5. Asia Pacific
- 7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.5.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.5. China
- 7.5.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.5.5.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.5.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.6. India
- 7.5.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.5.6.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.5.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.7. Japan
- 7.5.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.5.7.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.5.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.5.8. Australia
- 7.5.8.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.5.8.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.5.8.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.5.8.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6. Central & South America
- 7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.6.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6.5. Brazil
- 7.6.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.6.5.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.6.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.6.6. Argentina
- 7.6.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.6.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.6.6.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.6.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.7. Middle East & Africa
- 7.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.7.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.7.5. Saudi Arabia
- 7.7.5.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.5.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.7.5.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.7.5.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.7.6. South Africa
- 7.7.6.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.6.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.7.6.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.7.6.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
- 7.7.7. UAE
- 7.7.7.1. Market estimates and forecasts, 2018 - 2030 (USD Million)
- 7.7.7.2. Market estimates and forecasts, by Type, 2018 - 2030 (USD Million)
- 7.7.7.3. Market estimates and forecasts, by Technology, 2018 - 2030 (USD Million)
- 7.7.7.4. Market estimates and forecasts, by Application, 2018 - 2030 (USD Million)
Chapter 8. Competitive Landscape
- 8.1. Key Players & Recent Developments & Their Impact on the Industry
- 8.2. Key Company/Competition Categorization (Key innovators, Market leaders, emerging players)
- 8.3. List of key Component Suppliers and Channel Partners
- 8.4. Company Market Share & Position Analysis, 2023
- 8.5. Company Heat Map Analysis
- 8.6. Competitive Dashboard Analysis
- 8.7. Strategy Mapping
- 8.7.1. Expansion
- 8.7.2. Collaboration/ Partnerships/ Agreements
- 8.7.3. New Type launches
- 8.7.4. Mergers & Acquisitions
- 8.7.5. Research & Development
- 8.7.6. Others
- 8.8. Company Listing / Profiles
- 8.8.1. AEG Power Solutions
- 8.8.1.1. Company Overview
- 8.8.1.2. Financial Performance
- 8.8.1.3. Product Benchmarking
- 8.8.2. Amara Raja Group
- 8.8.3. East Penn Manufacturing Company
- 8.8.4. ENERSYS
- 8.8.5. EXIDE INDUSTRIES LTD.
- 8.8.6. FIRST NATIONAL BATTERY
- 8.8.7. FURUKAWA ELECTRIC CO., LTD.
- 8.8.8. GS Yuasa International Ltd.
- 8.8.9. Hitachi Rail Limited
- 8.8.10. HOPPECKE Carl Zoellner & Sohn GmbH
- 8.8.11. FENGRI POWER & ELECTRIC CO., LIMITED.
- 8.8.12. Power & Industrial Battery Systems GmbH
- 8.8.13. Saft2022
- 8.8.14. SEC Battery
- 8.8.15. Shuangdeng Group Co, Ltd