鉄道車両用バッテリー市場 : 2030年までの世界予測

出版:MarketsandMarkets(マーケッツアンドマーケッツ) 出版年月:2023年11月

Train Battery Market – Global Forecast to 2030

鉄道車両用バッテリー市場 : 種類と技術 (鉛酸管、VRLA、従来型、Ni-Cd 焼結、ファイバー、ポケット、リチウムイオン、LFP、LTO)、最新式列車 (完全電池式&ハイブリッド)、車両タイプ、用途、地域別- 2030年までの世界予測
Train Battery Market by Type & Technology (Lead-acid Tubular, VRLA, Conventional; Ni-Cd Sinter, Fiber, Pocket, & Li-ion; LFP, LTO), Advanced Train (Fully Battery-Operated and Hybrid), Rolling Stock Type, Application and Region – Global Forecast to 2030

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Report Overview

The train battery market is projected to grow from USD 277 Million in 2023 to USD 378 Million by 2030, at a CAGR of 4.6% from 2023 to 2030. The train battery market is primarily driven by factors such as rapid urbanization and the growing expansion of railway networks. Along with these factors, the swiftness of rail travel and low operational cost compared to other modes of transport are driving governments all over the globe to invest in urban rail infrastructure. The growing expansion of rail networks is expected to create a demand for energy storage systems.

鉄道車両用バッテリー市場 : 2030年までの世界予測

As of 2021, Urban Transport Trends and Prospects (UTTP) indicates that there is a total operational network of light rails and trams spanning 15,824 kilometers. Most of these networks are situated in Europe, accounting for 58% of the total, while Eurasia constitutes 22%. Notably, several European countries, including Finland, the UK, and Switzerland, are actively focusing on expanding their light rail networks. For instance, in 2021, the UK government approved the extension of the Blackpool Tram. Additionally, the increasing development of metro projects is contributing to the rising demand for batteries in metro systems. As an example, in December 2022, the Russian government initiated the construction of the 70-km Moscow Big Circle Line metro project, with a total cost of USD 6.8 billion. Consequently, the growth of light rail and tram networks, coupled with the growing adoption of metro systems for urban transit, is expected to fuel the utilization of batteries in these modes of transportation in the upcoming years.


“The Auxiliary Batteries are expected to account for the largest market share in 2023.”
The auxiliary battery systems provide backup to all essential train systems, such as emergency lighting and ventilation. Auxiliary batteries also offer safety to the train without output failure and train separation incidents. Additionally, the increase in the demand for high-speed trains is leading to the high demand for advanced features such as emergency braking, tilting systems, etc. VRLA technology holds the largest share in the train battery market due to its technical benefits such as maintenance-free operation, no periodic water filling requirement, fast charging capability, and heat & shock resistance, and is mainly preferred for auxiliary functions in railways. However, the high energy density, good low-temperature performance, and good cycle life means can be recharged more times than VRLA batteries. Hence, considering these benefits of Ni-cd batteries, the demand for VRLA batteries in railways will be impacted gradually. Moreover, the latest rolling stocks have been implementing advanced technologies such as the Internet of Things (IoT), artificial intelligence (AI), deep learning, and driver advisory systems (DAS) to improve efficiency and enhance the passenger experience. Improvements in resource planning, passenger experience, and decision-making, along with the optimization of field equipment such as ACs, heaters, braking systems, and other onboard appliances, are expected to increase the adoption rate of train batteries for these auxiliary systems.


“Passenger Coaches will dominate the train battery market during the forecast period.”
Passenger coaches are railroad cars designed to carry passengers. Modern passenger coaches require auxiliary batteries for functions such as reading lights, bathroom lights, vestibule lights, door lights, emergency lights, HVACs, fans, screens, Wi-Fi, and ceiling lights. These functions depend upon the types of coaches, such as AC and non-AC coaches. In developed countries, coaches have automated doors, infotainment systems, and passenger information systems. These added features are powered through battery power packs. The battery capacity for AC coaches is higher compared to non-AC passenger coaches. Typically, the voltage capacity requirement for passenger capacity is 108V to 120V. Batteries installed in passenger coaches are used for auxiliary power backup. Based on the capacity and power output of the passenger coach, the manufacturer decides the battery chemistry. With increased travel demand, environmental concerns, government investments, improved passenger amenities, safety and reliability, high-speed rail development, intermodal connectivity, and reduced congestion, the need for passenger coaches and train batteries would grow parallelly in the coming years.

鉄道車両用バッテリー市場 : 2030年までの世界予測 - region

“Asia Pacific is expected to account for the largest aftermarket share in 2022.”
The Asia Pacific region has the world’s most extensive railway network and holds the top spot in the global count of rolling stock. Furthermore, it stands as the world’s largest producer of rolling stock. This geographical concentration of major rolling stock manufacturers has notably driven the demand for train batteries.
Moreover, with the widespread urban rail network expansion and the presence of international train battery manufacturers in the region, an anticipated rise in demand is foreseen. This is further compounded by the escalating number of passengers, which will necessitate increased utilization of train batteries to enhance the overall travel experience. Rail network electrification, emission regulations, and advancements in battery technologies are expected to drive train battery aftermarket in Asia Pacific. The growing diesel engine retrofitting and refurbishment at a year-on-year rate of 5%. Further, trains operating in the Asia Pacific region are at high temperatures compared to Europe and North America due to which battery lifespan in the Asia Pacific region is less, thus the demand for battery replacement is high. 


Breakdown of Primaries
In-depth interviews were conducted with CXOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.
• By Company Type: Supply Side- 60%, Demand -Side- 20%, and Others – 20%
• By Designation: C Level Executives – 20%, Directors/ Vice Presidents-30%, and Others -50%
• By Region: North America – 20%, Asia Pacific- 40%, Europe – 30%, and Rest of the World – 10%


The train battery market comprises major manufacturers such as EnerSys (US), Exide Industries (India), Saft (France), Amara Raja Batteries (India), GS Yuasa Corporation (Japan), and HOPPECKE Batterien GmbH & Co.KG.

鉄道車両用バッテリー市場 : 2030年までの世界予測 - ecosystem


Reasearch Coverage
The study segments the train battery market and forecasts the market size based on by Application & by Battery type Starter (Lead-Acid, Nickel-Cadmium, Lithium-ion) and Auxiliary (Lead-Acid, Nickel-Cadmium, Lithium-ion, By Battery Type & Battery Technology Lead-Acid Battery (Conventional Lead Acid Battery, Valve Regulated Lead Acid Battery, Gel Tubular Lead Acid Battery) Nickel-Cadmium Battery (Sinter/PNE Ni-Cd Battery, Pocket Plate Ni-Cd Battery, Fiber/PNE Ni-Cd Battery) Lithium-ion Battery (Lithium Iron Phosphate (LFP), Lithium Titanate Oxide (LTO), and Others), By Engines/Head (Diesel Locomotives, Diesel Multiple Units (DMUs), Electric Locomotives, and Electric Multiple Units (EMUs), By Application (Metros, High-speed Trains, Light Trains/Trams/ Monorails, Passenger Coaches), By Advanced Train Type (Battery-Powered Train, and Hybrid Trains), Aftermarket by Rolling Stock (Locomotives, Multiple Units, Passenger Coaches), Aftermarket By Battery Type (lead-Acid, Nickel-Cadmium, Lithium-Ion), Aftermarket by application (starter battery, and auxiliary function battery), Aftermarket by region (Asia Pacific, Europe, and North America), and OE by region (Asia Pacific, Europe, North America and Rest of the World).

Key Benefits of Buying the Report:
This report provides insights concerning the following points:

n Country-level battery type-wise market: The report offers in-depth market sizing and forecasts for 2030 by battery types, such as lead-acid, nickel-cadmium, and lithium-ion. The market sizing for the train battery market is covered at the country and regional levels considered in this study.
n By Application & battery type: The report offers in-depth market sizing and forecasts up to 2030 by applications, such as starter and auxiliary—in-depth analysis of different battery types used in Starter and Auxiliary Applications at the regional level.
n Battery Type, by Battery Technology: The report offers in-depth market sizing and forecasts up to 2030 by battery type, such as lead-acid, nickel-cadmium, and lithium-ion. The report provides market sizing and forecasting till 2030 by battery technology under different battery types such as lead acid battery type (conventional lead-acid, Valve regulated lead-acid, and gel tubular lead-acid battery), Nickel-cadmium (Sinter/PNE Ni-Cd, Pocket Plate Ni-Cd, and Fiber/Pne Ni-Cd), and Lithium-ion (lithium iron phosphate (LFP), Lithium Titanate Oxide)
n The report provides the “Market Share” of the leading train battery market players.
n Market Development: The report provides comprehensive information about lucrative emerging markets across regions for the train battery market.
n Product Development/Innovation: The report gives detailed insights into R&D activities, upcoming technologies, and new product launches in the train battery market.
n Market Diversification: The report offers detailed information about untapped markets, investments, new products, and recent developments in the train battery market.

The report provides insights on the following pointers:
• Analysis of key drivers (Growth in adoption of autonomous and high-speed railways, Emission regulations to increase demand for energy-efficient transportation systems, and Expansion of railway networks), Restraints (High capital investment and operating cost of high-speed rail networks), Opportunities (Expansion of IOT, AI, and DAS Technologies, Improvements in Battery Technology, Retrofitting of Diesel-electric trains), Challenges (Technical Challenges related to lead-acid and lithium-ion batteries, High cost of charging infrastructure and replacement).
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the train battery market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the train battery market across different regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the train battery market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like EnerSys (US), Exide Industries (India), Saft (France), Amara Raja Batteries (India), GS Yuasa Corporation (Japan), and HOPPECKE Batterien GmbH & Co.KG. in the train battery market. 

Table of Contents

1            INTRODUCTION            38

1.1         STUDY OBJECTIVES      38

1.2         MARKET DEFINITION   39

1.2.1      INCLUSIONS AND EXCLUSIONS 40

TABLE 1             SEGMENT-WISE INCLUSIONS AND EXCLUSIONS             40

1.3         MARKET SCOPE             41

FIGURE 1           MARKETS COVERED     41

1.3.1      REGIONS COVERED      42

1.3.2      YEARS CONSIDERED     42

1.4         CURRENCY CONSIDERED          43

TABLE 2             CURRENCY EXCHANGE RATES 43

1.5         STAKEHOLDERS            44

1.6         SUMMARY OF CHANGES            44

2            RESEARCH METHODOLOGY     45

2.1         RESEARCH DATA           45

FIGURE 2           RESEARCH DESIGN       46

FIGURE 3           RESEARCH METHODOLOGY MODEL    47

2.1.1      SECONDARY DATA       48

2.1.1.1   List of key secondary sources to estimate base numbers and market size (Locomotive & Rolling Stock)          48

2.1.1.2   Key data from secondary sources     49

2.1.2      PRIMARY DATA 50

FIGURE 4           BREAKDOWN OF PRIMARY INTERVIEWS            50

2.1.2.1   Sampling techniques and data collection methods        51

2.1.3      PRIMARY PARTICIPANTS           51

2.2         MARKET SIZE ESTIMATION       51

FIGURE 5           RESEARCH METHODOLOGY: HYPOTHESIS BUILDING  52

2.2.1      BOTTOM-UP APPROACH: TRAIN BATTERY MARKET, BY BATTERY TYPE AND ROLLING STOCK      53

FIGURE 6           BOTTOM-UP APPROACH, BY BATTERY TYPE AND ROLLING STOCK 53

2.2.2      TOP-DOWN APPROACH: TRAIN BATTERY MARKET, BY BATTERY TECHNOLOGY 54

FIGURE 7           TOP-DOWN APPROACH, BY BATTERY TECHNOLOGY   54

2.3         FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES              55

2.4         FACTOR ANALYSIS        56

2.5         RECESSION IMPACT      56

2.6         MARKET BREAKDOWN AND DATA TRIANGULATION    58

FIGURE 8           DATA TRIANGULATION             58

2.7         RISKS AND ASSUMPTIONS         59

2.7.1      RESEARCH ASSUMPTIONS         59

2.7.2      MARKET ASSUMPTIONS             59

TABLE 3             MARKET ASSUMPTIONS: NUMBER OF BATTERIES COUNT IN EACH ROLLING STOCK 59

TABLE 4             MARKET ASSUMPTIONS: NUMBER OF BATTERIES COUNT IN ADVANCED TRAINS      60

TABLE 5             MARKET ASSUMPTIONS AND RISK ANALYSIS    60

2.8         RESEARCH LIMITATIONS           61

3            EXECUTIVE SUMMARY 62

3.1         REPORT SUMMARY       62

FIGURE 9           TRAIN BATTERY MARKET OUTLOOK    62

FIGURE 10         TRAIN BATTERY MARKET, BY REGION, 2023 VS. 2030 (USD MILLION)          63

4            PREMIUM INSIGHTS      65

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN TRAIN BATTERY MARKET            65

FIGURE 11         DEVELOPMENT OF HIGH-SPEED TRAINS AND EXPANSION OF URBAN RAIL NETWORKS TO DRIVE MARKET    65

4.2         TRAIN BATTERY MARKET, BY BATTERY TYPE   65

FIGURE 12         NICKEL-CADMIUM BATTERIES SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD    65

4.3         TRAIN BATTERY MARKET, BY APPLICATION     66

FIGURE 13         AUXILIARY BATTERIES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD        66

4.4         TRAIN BATTERY MARKET, BY BATTERY TECHNOLOGY 66

FIGURE 14         SINTER/PNE NI-CD SEGMENT TO LEAD MARKET DURING FORECAST PERIOD       66

4.5         TRAIN BATTERY MARKET, BY ENGINE/HEAD    67

FIGURE 15         ELECTRIC LOCOMOTIVES SEGMENT TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD        67

4.6         TRAIN BATTERY MARKET, BY RAILWAY APPLICATION 67

FIGURE 16         PASSENGER COACHES SEGMENT TO HOLD LARGEST MARKET SHARE DURING FORECAST PERIOD      67

4.7         TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE 68

FIGURE 17         FULLY BATTERY-OPERATED TRAINS SEGMENT TO WITNESS HIGHER CAGR THAN HYBRID TRAINS SEGMENT DURING FORECAST PERIOD              68

4.8         TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK  68

FIGURE 18         COACHES SEGMENT TO LEAD AFTERMARKET DURING FORECAST PERIOD       68

4.9         TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE     69

FIGURE 19         LEAD-ACID BATTERIES SEGMENT TO HOLD LARGER MARKET SHARE THAN NICKEL-CADMIUM BATTERIES SEGMENT DURING FORECAST PERIOD              69

4.10       TRAIN BATTERY AFTERMARKET, BY APPLICATION       69

FIGURE 20         AUXILIARY BATTERIES SEGMENT TO REGISTER HIGHER CAGR THAN STARTER BATTERIES SEGMENT DURING FORECAST PERIOD      69

4.11       TRAIN BATTERY AFTERMARKET, BY REGION    70

FIGURE 21         ASIA PACIFIC TO LEAD AFTERMARKET DURING FORECAST PERIOD              70

4.12       TRAIN BATTERY MARKET, BY REGION  70

FIGURE 22         ASIA PACIFIC ESTIMATED TO ACCOUNT FOR LARGEST MARKET SHARE IN 2023 70

5            MARKET OVERVIEW     71

5.1         INTRODUCTION            71

5.2         MARKET DYNAMICS     72

FIGURE 23         TRAIN BATTERY MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    72

5.2.1      DRIVERS            72

5.2.1.1   Increasing adoption of autonomous and high-speed railways     72

FIGURE 24         LENGTH OF HIGH-SPEED RAIL LINES IN OPERATION, BY REGION, 2022    73

TABLE 6             GRADE OF RAIL AUTOMATION 74

TABLE 7             LIST OF SEMI-AUTONOMOUS AND AUTONOMOUS METROS              75

FIGURE 25         EVOLUTION OF GOA4 INFRASTRUCTURE, 2012–2020     75

5.2.1.2   Stringent emission regulations         76

FIGURE 26         TOTAL COST OF OWNERSHIP COMPARISON FOR AVERAGE US CLASS I LINE-HAUL ELECTRIC AND DIESEL FREIGHT LOCOMOTIVES, 2001–2021      77

TABLE 8             RECENT DEVELOPMENTS IN BATTERY OR HYDROGEN FUEL CELL-BASED LOCOMOTIVES    77

5.2.1.3   Expansion of railway networks         79

TABLE 9             UPCOMING KEY RAIL PROJECTS, BY COUNTRY 80

5.2.2      RESTRAINTS     80

5.2.2.1   High capital investment and operating cost of high-speed rail networks   80

5.2.3      OPPORTUNITIES           81

5.2.3.1   Expansion of IoT, AI, and DAS technologies  81

5.2.3.2   Improvements in battery technology 81

5.2.3.3   Retrofitting of diesel-electric trains  82

5.2.4      CHALLENGES   83

5.2.4.1   Technical challenges related to lead-acid and lithium-ion batteries          83

FIGURE 27         BATTERY CHEMISTRY COMPARISON    83

5.2.4.2   High cost of charging infrastructure and replacement  84

5.3         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS              84

5.4         MARKET ECOSYSTEM   85

FIGURE 28         TRAIN BATTERY MARKET ECOSYSTEM 85

5.4.1      TRAIN BATTERY MANUFACTURERS      85

5.4.2      COMPONENT/RAW MATERIAL SUPPLIERS         85

5.4.3      TRAIN OEMS     86

5.4.4      GOVERNMENT AND REGULATORY AUTHORITIES         86

FIGURE 29         TRAIN BATTERY MARKET SEGMENT ECOSYSTEM          86

5.4.5      DEALERS AND DISTRIBUTORS  87

5.4.6      SERVICE & REPAIR PROVIDERS 87

TABLE 10           TRAIN BATTERY MARKET: ROLE OF COMPANIES IN ECOSYSTEM     87

5.5         VALUE CHAIN ANALYSIS            88

FIGURE 30         TRAIN BATTERY MARKET: VALUE CHAIN ANALYSIS      88

5.6         SUPPLY CHAIN ANALYSIS          89

FIGURE 31         TRAIN BATTERY MARKET: SUPPLY CHAIN ANALYSIS    89

5.7         REGULATORY LANDSCAPE       90

TABLE 11           NORTH AMERICA: LOCOMOTIVE AND BATTERY SYSTEMS REGULATIONS 90

TABLE 12           EUROPE: LOCOMOTIVE AND BATTERY SYSTEMS REGULATIONS 90

TABLE 13           ASIA PACIFIC: LOCOMOTIVE AND BATTERY SYSTEMS REGULATIONS 91

5.7.1      REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          91

TABLE 14           NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         91

TABLE 15           EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         92

TABLE 16           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         93

5.8         TRADE ANALYSIS          93

5.8.1      IMPORT DATA 93

5.8.1.1   US         93

TABLE 17           US: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (IMPORT VALUE %)             93

5.8.1.2   Canada  94

TABLE 18           CANADA: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (IMPORT VALUE %)   94

5.8.1.3   Japan     94

TABLE 19           JAPAN: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (IMPORT VALUE %)   94

5.8.1.4   India      94

TABLE 20           INDIA: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (IMPORT VALUE %)   94

5.8.1.5   Germany             95

TABLE 21           GERMANY: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (IMPORT VALUE %)   95

5.8.1.6   France   95

TABLE 22           FRANCE: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (IMPORT VALUE %)   95

5.8.1.7   Spain     96

TABLE 23           SPAIN: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (IMPORT VALUE %)   96

5.8.1.8   UK         96

TABLE 24           UK: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (IMPORT VALUE %)             96

5.8.2      EXPORT DATA 96

5.8.2.1   US         96

TABLE 25           US: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (EXPORT VALUE %)             96

5.8.2.2   China     97

TABLE 26           CHINA: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (EXPORT VALUE %)   97

5.8.2.3   Japan     97

TABLE 27           JAPAN: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (EXPORT VALUE %)   97

5.8.2.4   Germany             98

TABLE 28           GERMANY: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (EXPORT VALUE %)   98

5.8.2.5   France   98

TABLE 29           FRANCE: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (EXPORT VALUE %)   98

5.8.2.6   Spain     99

TABLE 30           SPAIN: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (EXPORT VALUE %)   99

5.8.2.7   UK         99

TABLE 31           UK: RAIL LOCOMOTIVES POWERED BY ELECTRIC ACTUATORS (BATTERIES), BY COUNTRY (EXPORT VALUE %)             99

5.9         PRICING ANALYSIS        100

5.9.1      TRAIN BATTERY PRICING, BY REGION  100

TABLE 32           AVERAGE SELLING PRICE TREND, BY REGION, 2020 VS. 2022              100

5.9.2      TRAIN BATTERY PRICING, BY BATTERY TYPE   100

TABLE 33           AVERAGE SELLING PRICE TREND, BY BATTERY TYPE, 2020 VS. 2022      100

5.10       TECHNOLOGICAL ANALYSIS    101

5.10.1    OVERVIEW        101

5.10.1.1 MITRAC pulse traction batteries     101

5.10.1.2 MRX nickel batteries         101

5.10.1.3 Solid-state batteries           101

5.10.1.4 Lithium-sulfur batteries     102

5.11       PATENT ANALYSIS        102

5.12       CASE STUDY ANALYSIS 103

5.12.1    CASE STUDY 1: PROJECT OF SEPTA AND VIRIDITY ENERGY TO INCREASE OPERATIONAL EFFICIENCY WITH LESS ENERGY CONSUMPTION              103

5.12.2    CASE STUDY 2: RELIABLE AUTONOMOUS BATTERY SOLUTIONS FOR HARSH WEATHER FROM SAFT TO VR GROUP    104

5.12.3    CASE STUDY 3: EMERGENCY BATTERY SYSTEM FROM SAFT TO CHENGDU METRO        104

5.12.4    CASE STUDY 4: LITHIUM-ION BATTERY SOLUTIONS FROM SAFT TO ALSTROM TRANSPORT FOR DIFFERENT WEATHER CONDITIONS AND HIGH-VIBRATING ENVIRONMENTS    104

5.12.5    CASE STUDY 5: DEVELOPMENT OF HYBRID TRAIN FOR NON-ELECTRIFIED SUBSECTIONS OF LINE    105

5.12.6    CASE STUDY 6: ELECTRIFICATION OF RAIL MILLING TRAINS FOR EMISSION-FREE TRACK MAINTENANCE             106

5.12.7    CASE STUDY 7: PARTNERSHIP BETWEEN HITACHI AND TURNTIDE TECHNOLOGIES TO PROVIDE MORE SUSTAINABLE RAIL JOURNEYS IN UK              106

5.13       KEY CONFERENCES AND EVENTS          107

5.13.1    TRAIN BATTERY MARKET: LIST OF CONFERENCES AND EVENTS, 2023–2024      107

5.14       BUYING CRITERIA         108

FIGURE 32         KEY BUYING CRITERIA FOR NICKEL-CADMIUM VS. LITHIUM-ION BATTERIES             108

TABLE 34           KEY BUYING CRITERIA FOR NICKEL-CADMIUM VS. LITHIUM-ION BATTERIES             108

5.15       BILL OF MATERIALS     109

FIGURE 33         COMPARISON OF BILL OF MATERIALS OF LEAD-ACID AND NI-CD BATTERIES, 2023     109

6            TRAIN BATTERY MARKET, BY APPLICATION & BATTERY TYPE 110

6.1         INTRODUCTION            111

6.1.1      INDUSTRY INSIGHTS    111

FIGURE 34         TRAIN BATTERY MARKET, BY APPLICATION, 2023 VS. 2030 (USD MILLION) 112

TABLE 35           TRAIN BATTERY MARKET, BY APPLICATION, 2018–2022 (UNITS)             112

TABLE 36           TRAIN BATTERY MARKET, BY APPLICATION, 2023–2030 (UNITS)             112

TABLE 37           TRAIN BATTERY MARKET, BY APPLICATION, 2018–2022 (USD MILLION)          112

TABLE 38           TRAIN BATTERY MARKET, BY APPLICATION, 2023–2030 (USD MILLION)          113

6.2         STARTER BATTERIES    113

TABLE 39           STARTER BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             113

TABLE 40           STARTER BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             113

TABLE 41           STARTER BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 114

TABLE 42           STARTER BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 114

6.2.1      LEAD-ACID BATTERIES 114

6.2.1.1   Easy transportation and value for cost to increase demand in rail sector   114

TABLE 43           LEAD-ACID: STARTER BATTERY MARKET, BY REGION, 2018–2022 (UNITS)     115

TABLE 44           LEAD-ACID: STARTER BATTERY MARKET, BY REGION, 2023–2030 (UNITS)     115

TABLE 45           LEAD-ACID: STARTER BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)     115

TABLE 46           LEAD-ACID: STARTER BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)     115

6.2.2      NI-CD BATTERIES          116

6.2.2.1   Uninterruptible power supply and high current supply for diesel starting motors to drive demand   116

TABLE 47           NI-CD: STARTER BATTERY MARKET, BY REGION, 2018–2022 (UNITS)             116

TABLE 48           NI-CD: STARTER BATTERY MARKET, BY REGION, 2023–2030 (UNITS)             116

TABLE 49           NI-CD: STARTER BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION) 117

TABLE 50           NI-CD: STARTER BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION) 117

6.3         AUXILIARY BATTERIES 117

TABLE 51           AUXILIARY BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             118

TABLE 52           AUXILIARY BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             118

TABLE 53           AUXILIARY BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 118

TABLE 54           AUXILIARY BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 119

6.3.1      LEAD-ACID BATTERIES 119

6.3.1.1   Cost competitiveness and durability to increase demand in rail sector      119

TABLE 55           LEAD-ACID: AUXILIARY BATTERY MARKET, BY REGION, 2018–2022 (UNITS)     119

TABLE 56           LEAD-ACID: AUXILIARY BATTERY MARKET, BY REGION, 2023–2030 (UNITS)     120

TABLE 57           LEAD-ACID: AUXILIARY BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)     120

TABLE 58           LEAD-ACID: AUXILIARY BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)     120

6.3.2      NI-CD BATTERIES          121

6.3.2.1   High energy density, longer lifespan, and ability to deliver high currents to increase market penetration             121

TABLE 59           NI-CD: AUXILIARY BATTERY MARKET, BY REGION, 2018–2022 (UNITS)             121

TABLE 60           NI-CD: AUXILIARY BATTERY MARKET, BY REGION, 2023–2030 (UNITS)             121

TABLE 61           NI-CD: AUXILIARY BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION) 122

TABLE 62           NI-CD: AUXILIARY BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION) 122

6.3.3      LITHIUM-ION BATTERIES          123

6.3.3.1   Fast charging time, longer lifespan, and high energy density to drive adoption in rolling stock         123

TABLE 63           LITHIUM-ION: AUXILIARY BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         123

TABLE 64           LITHIUM-ION: AUXILIARY BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         123

TABLE 65           LITHIUM-ION: AUXILIARY BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)          123

TABLE 66           LITHIUM-ION: AUXILIARY BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)          124

7            TRAIN BATTERY MARKET, BY BATTERY TYPE & BATTERY TECHNOLOGY 125

7.1         INTRODUCTION            126

7.1.1      INDUSTRY INSIGHTS    126

FIGURE 35         TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023 VS. 2030 (USD MILLION) 126

TABLE 67           TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             127

TABLE 68           TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             127

TABLE 69           TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)          127

TABLE 70           TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)          127

7.2         LEAD-ACID BATTERIES 128

TABLE 71           LEAD-ACID BATTERY MARKET, BY BATTERY TECHNOLOGY, 2018–2022 (UNITS)         128

TABLE 72           LEAD-ACID BATTERY MARKET, BY BATTERY TECHNOLOGY, 2023–2030 (UNITS)         128

7.2.1      CONVENTIONAL LEAD-ACID BATTERIES           129

7.2.1.1   Growing popularity of VRLA batteries to impact demand for conventional lead-acid batteries       129

TABLE 73           CONVENTIONAL LEAD-ACID BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         129

TABLE 74           CONVENTIONAL LEAD-ACID BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         129

7.2.2      VALVE-REGULATED LEAD-ACID BATTERIES     130

7.2.2.1   High reliability and low cost of ownership to drive market          130

TABLE 75           VALVE-REGULATED LEAD-ACID BATTERY MARKET, BY REGION, 2018–2022 (UNITS)       130

TABLE 76           VALVE-REGULATED LEAD-ACID BATTERY MARKET, BY REGION, 2023–2030 (UNITS)       130

7.2.3      GEL TUBULAR LEAD-ACID BATTERIES 131

7.2.3.1   High current applications to increase demand              131

TABLE 77           GEL TUBULAR LEAD-ACID BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         131

TABLE 78           GEL TUBULAR LEAD-ACID BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         131

7.3         NICKEL-CADMIUM BATTERIES 132

TABLE 79           NICKEL-CADMIUM BATTERY MARKET, BY BATTERY TECHNOLOGY, 2018–2022 (UNITS)         132

TABLE 80           NICKEL-CADMIUM BATTERY MARKET, BY BATTERY TECHNOLOGY, 2023–2030 (UNITS)         132

7.3.1      SINTER/PNE NICKEL-CADMIUM BATTERIES      133

7.3.1.1   Good chargeability and longer life cycle to drive demand           133

TABLE 81           SINTER/PNE NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2018–2022 (UNITS)       133

TABLE 82           SINTER/PNE NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2023–2030 (UNITS)       133

7.3.2      POCKET PLATE NICKEL-CADMIUM BATTERIES 134

7.3.2.1   Lower energy density capacity and short lifetime to impact demand         134

TABLE 83           POCKET PLATE NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2018–2022 (UNITS)       134

TABLE 84           POCKET PLATE NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2023–2030 (UNITS)       134

7.3.3      FIBER/PNE NICKEL-CADMIUM BATTERIES        135

7.3.3.1   Reduction in shortcomings of second-generation nickel-cadmium battery technology to drive demand             135

TABLE 85           FIBER/PNE NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         135

TABLE 86           FIBER/PNE NICKEL-CADMIUM BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         135

7.4         LITHIUM-ION BATTERIES          136

TABLE 87           LITHIUM-ION BATTERY MARKET, BY BATTERY TECHNOLOGY, 2018–2022 (UNITS)         136

TABLE 88           LITHIUM-ION BATTERY MARKET, BY BATTERY TECHNOLOGY, 2023–2030 (UNITS)         136

7.4.1      LITHIUM IRON PHOSPHATE BATTERIES            137

7.4.1.1   Good chargeability and longer life cycle to drive demand           137

TABLE 89           LITHIUM IRON PHOSPHATE BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         137

TABLE 90           LITHIUM IRON PHOSPHATE BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         137

7.4.2      LITHIUM TITANATE OXIDE BATTERIES 138

7.4.2.1   Fast charging capability to drive demand       138

TABLE 91           LITHIUM TITANATE OXIDE BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         138

TABLE 92           LITHIUM TITANATE OXIDE BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         138

7.4.3      OTHERS             139

TABLE 93           OTHER LITHIUM-ION BATTERY MARKET, BY REGION, 2018–2022 (UNITS)     139

TABLE 94           OTHER LITHIUM-ION BATTERY MARKET, BY REGION, 2023–2030 (UNITS)     139

8            TRAIN BATTERY MARKET, BY ENGINE/HEAD    140

8.1         INTRODUCTION            141

8.1.1      INDUSTRY INSIGHTS    141

FIGURE 36         TRAIN BATTERY MARKET, BY ENGINE/HEAD, 2023 VS. 2030 (USD MILLION) 141

TABLE 95           TRAIN BATTERY MARKET, BY ENGINE/HEAD, 2018–2022 (UNITS)             142

TABLE 96           TRAIN BATTERY MARKET, BY ENGINE/HEAD, 2023–2030 (UNITS)             142

TABLE 97           TRAIN BATTERY MARKET, BY ENGINE/HEAD, 2018–2022 (USD MILLION)          142

TABLE 98           TRAIN BATTERY MARKET, BY ENGINE/HEAD, 2023–2030 (USD MILLION)          143

8.2         DIESEL LOCOMOTIVES 143

8.2.1      DEVELOPMENT OF FREIGHT TRAINS AND RAIL NETWORKS IN EMERGING ECONOMIES TO DRIVE MARKET     143

TABLE 99          DIESEL LOCOMOTIVES: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         143

TABLE 100        DIESEL LOCOMOTIVES: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         144

TABLE 101        DIESEL LOCOMOTIVES: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)          144

TABLE 102        DIESEL LOCOMOTIVES: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)          144

8.3         DIESEL MULTIPLE UNITS           145

8.3.1      EXPANSION OF INTERCITY RAIL NETWORKS TO DRIVE MARKET              145

TABLE 103         DIESEL MULTIPLE UNITS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)       145

TABLE 104         DIESEL MULTIPLE UNITS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)       145

TABLE 105         DIESEL MULTIPLE UNITS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)       146

TABLE 106         DIESEL MULTIPLE UNITS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)       146

8.4         ELECTRIC LOCOMOTIVES         146

8.4.1      LOW MAINTENANCE COST AND HIGHER OPERATIONAL EFFICIENCY TO DRIVE MARKET       146

TABLE 107         ELECTRIC LOCOMOTIVES: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)       147

TABLE 108         ELECTRIC LOCOMOTIVES: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)       147

TABLE 109         ELECTRIC LOCOMOTIVES: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)       147

TABLE 110         ELECTRIC LOCOMOTIVES: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)       148

8.5         ELECTRIC MULTIPLE UNITS     148

8.5.1      ADVANCEMENTS IN LIGHTING SOLUTIONS, SAFETY DOORS, AND HVACS TO DRIVE MARKET        148

TABLE 111         ELECTRIC MULTIPLE UNITS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)       149

TABLE 112         ELECTRIC MULTIPLE UNIT: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)       149

TABLE 113         ELECTRIC MULTIPLE UNITS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)       149

TABLE 114         ELECTRIC MULTIPLE UNITS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)       150

9            TRAIN BATTERY MARKET, BY RAILWAY APPLICATION 151

9.1         INTRODUCTION            152

9.1.1      INDUSTRY INSIGHTS    152

FIGURE 37         TRAIN BATTERY MARKET, BY RAILWAY APPLICATION, 2023 VS. 2030 (USD MILLION)     152

TABLE 115         TRAIN BATTERY MARKET, BY RAILWAY APPLICATION, 2018–2022 (UNITS)     153

TABLE 116         TRAIN BATTERY MARKET, BY RAILWAY APPLICATION, 2023–2030 (UNITS)     153

TABLE 117         TRAIN BATTERY MARKET, BY RAILWAY APPLICATION, 2018–2022 (USD MILLION)     153

TABLE 118         TRAIN BATTERY MARKET, BY RAILWAY APPLICATION, 2023–2030 (USD MILLION)     153

9.2         METROS            154

9.2.1      EXPANSION OF URBAN RAIL NETWORK TO DRIVE DEMAND     154

TABLE 119         METROS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)             154

TABLE 120         METROS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)             154

TABLE 121         METROS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION) 155

TABLE 122         METROS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION) 155

9.3         HIGH-SPEED TRAINS    155

9.3.1      INFRASTRUCTURE DEVELOPMENT AND NEED FOR CHEAPER AND FASTER TRANSPORTATION MODES TO DRIVE DEMAND            155

TABLE 123         HIGH-SPEED TRAINS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         156

TABLE 124         HIGH-SPEED TRAINS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         156

TABLE 125         HIGH-SPEED TRAINS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)          156

TABLE 126         HIGH-SPEED TRAINS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)          156

9.4         LIGHT RAILS/TRAMS/MONORAILS        157

9.4.1      RAPID URBANIZATION AND AESTHETIC VALUE TO DRIVE DEMAND              157

TABLE 127         LIGHT RAILS/TRAMS/MONORAILS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS) 157

TABLE 128         LIGHT RAILS/TRAMS/MONORAILS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS) 158

TABLE 129         LIGHT RAILS/TRAMS/MONORAILS: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)  158

TABLE 130         LIGHT RAILS/TRAMS/MONORAILS: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)  158

9.5         PASSENGER COACHES  159

9.5.1      RAIL EXPANSION PROJECTS AND INCREASING NUMBER OF PASSENGERS TO DRIVE DEMAND          159

TABLE 131         PASSENGER COACHES: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)         159

TABLE 132         PASSENGER COACHES: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)         159

TABLE 133         PASSENGER COACHES: TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)          160

TABLE 134         PASSENGER COACHES: TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)          160

10          TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE 161

10.1       INTRODUCTION            162

10.1.1    INDUSTRY INSIGHTS    162

FIGURE 38        TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE, 2023 VS. 2030 (USD MILLION)     163

TABLE 135         TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE, 2018–2022 (UNITS)     163

TABLE 136         TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE, 2023–2030 (UNITS)     163

TABLE 137         TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE, 2018–2022 (USD MILLION)     164

TABLE 138         TRAIN BATTERY MARKET, BY ADVANCED TRAIN TYPE, 2023–2030 (USD MILLION)     164

10.2       HYBRID TRAINS             164

10.2.1    REDUCTION IN ENERGY CONSUMPTION AND REDUCED LIFECYCLE COST TO DRIVE DEMAND         164

10.2.2    OPERATIONAL DATA   165

TABLE 139         HYBRID TRAINS WITH PROPULSION TYPE         165

TABLE 140         HYBRID TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)             165

TABLE 141         HYBRID TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)             165

TABLE 142         HYBRID TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)          165

TABLE 143         HYBRID TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)          166

10.3       FULLY BATTERY-OPERATED TRAINS    166

10.3.1    EXPANSION OF RAIL NETWORK AND HIGHER COST OF ELECTRIFICATION TO DRIVE DEMAND 166

TABLE 144         FULLY BATTERY-OPERATED TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)       167

TABLE 145         FULLY BATTERY-OPERATED TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)       167

TABLE 146         FULLY BATTERY-OPERATED TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)       167

TABLE 147         FULLY BATTERY-OPERATED TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)       168

10.4       AUTONOMOUS TRAINS              168

10.4.1    CONTINUOUS DEVELOPMENTS, LOW COST OF OPERATION, AND LOW ENERGY CONSUMPTION TO DRIVE DEMAND        168

11          TRAIN BATTERY MARKET, BY REGION  169

11.1       INTRODUCTION            170

11.1.1    INDUSTRY INSIGHTS    170

FIGURE 39         TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)          171

TABLE 148         TRAIN BATTERY MARKET, BY REGION, 2018–2022 (UNITS)              171

TABLE 149         TRAIN BATTERY MARKET, BY REGION, 2023–2030 (UNITS)              171

TABLE 150         TRAIN BATTERY MARKET, BY REGION, 2018–2022 (USD MILLION)          172

TABLE 151         TRAIN BATTERY MARKET, BY REGION, 2023–2030 (USD MILLION)          172

11.2       ASIA PACIFIC    173

11.2.1    RECESSION IMPACT      173

FIGURE 40         ASIA PACIFIC: TRAIN BATTERY MARKET SNAPSHOT     174

TABLE 152         ASIA PACIFIC: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2022 (UNITS)     174

TABLE 153         ASIA PACIFIC: TRAIN BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)     175

TABLE 154         ASIA PACIFIC: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2022 (USD MILLION)     175

TABLE 155         ASIA PACIFIC: TRAIN BATTERY MARKET, BY COUNTRY, 2023–2030 (USD MILLION)     175

11.2.2    CHINA  176

11.2.2.1 Rail expansion projects to drive market          176

TABLE 156         CHINA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     176

TABLE 157         CHINA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     176

TABLE 158         CHINA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     176

TABLE 159         CHINA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     177

11.2.3    INDIA   177

11.2.3.1 Electrification of rail routes to drive market   177

TABLE 160         LIST OF APPROVED UPCOMING HIGH-SPEED RAILWAY PROJECTS IN INDIA       178

TABLE 161         INDIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             178

TABLE 162         INDIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             178

TABLE 163         INDIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 178

TABLE 164         INDIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 179

11.2.4    JAPAN  179

11.2.4.1 Development of high-speed EMUs to drive market      179

TABLE 165         JAPAN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     179

TABLE 166         JAPAN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     180

TABLE 167         JAPAN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     180

TABLE 168         JAPAN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     180

11.2.5    SOUTH KOREA 181

11.2.5.1 Strong urban rail network and development of high-speed rail service to drive market   181

TABLE 169         SOUTH KOREA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)         181

TABLE 170         SOUTH KOREA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)         181

TABLE 171         SOUTH KOREA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)          182

TABLE 172         SOUTH KOREA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)          182

11.3       EUROPE             183

11.3.1    RECESSION IMPACT      183

FIGURE 41         EUROPE: TRAIN BATTERY MARKET SNAPSHOT 184

TABLE 173         EUROPE: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2022 (UNITS)             184

TABLE 174         EUROPE: TRAIN BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)             185

TABLE 175         EUROPE: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 185

TABLE 176         EUROPE: TRAIN BATTERY MARKET, BY COUNTRY, 2023–2030 (USD MILLION) 186

11.3.2    GERMANY         186

11.3.2.1 Replacement of diesel locomotives with battery-operated trains to drive market              186

TABLE 177         GERMANY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     187

TABLE 178         GERMANY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     187

TABLE 179         GERMANY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     187

TABLE 180         GERMANY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     187

11.3.3    FRANCE             188

11.3.3.1 Stringent emission norms for locomotives to boost demand for train batteries              188

TABLE 181         FRANCE: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     188

TABLE 182         FRANCE: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     189

TABLE 183         FRANCE: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     189

TABLE 184         FRANCE: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     189

11.3.4    ITALY   190

11.3.4.1 Increasing demand for batteries for EMUs and light rails to drive market 190

TABLE 185         ITALY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             190

TABLE 186         ITALY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             190

TABLE 187         ITALY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 190

TABLE 188         ITALY: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 191

11.3.5    UK         191

11.3.5.1 Urban rail developments to drive market       191

TABLE 189         UK: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             191

TABLE 190         UK: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             192

TABLE 191         UK: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 192

TABLE 192         UK: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 192

11.3.6    SPAIN   193

11.3.6.1 Investment in high-speed rail networks to drive market              193

TABLE 193         SPAIN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             193

TABLE 194         SPAIN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             193

TABLE 195         SPAIN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 194

TABLE 196         SPAIN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 194

11.3.7    SWITZERLAND 194

11.3.7.1 Growing development of passenger trains to drive demand for batteries  194

TABLE 197         SWITZERLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)         195

TABLE 198         SWITZERLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)         195

TABLE 199         SWITZERLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)          195

TABLE 200         SWITZERLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)          195

11.3.8    POLAND            196

11.3.8.1 Development of intercity trains to drive demand for batteries    196

TABLE 201         POLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     196

TABLE 202         POLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     196

TABLE 203         POLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     197

TABLE 204         POLAND: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     197

11.3.9    SWEDEN            197

11.3.9.1 Rising demand for regional trains to drive market        197

TABLE 205         SWEDEN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     198

TABLE 206         SWEDEN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     198

TABLE 207         SWEDEN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     198

TABLE 208         SWEDEN: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     198

11.4       NORTH AMERICA          199

11.4.1    RECESSION IMPACT      199

FIGURE 42         NORTH AMERICA: TRAIN BATTERY MARKET SNAPSHOT              200

TABLE 209         NORTH AMERICA: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2022 (UNITS)         200

TABLE 210         NORTH AMERICA: TRAIN BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)         201

TABLE 211         NORTH AMERICA: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          201

TABLE 212         NORTH AMERICA: TRAIN BATTERY MARKET, BY COUNTRY, 2023–2030 (USD MILLION)          201

11.4.2    US         201

11.4.2.1 Rising diesel prices to drive market  201

TABLE 213         US: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             202

TABLE 214         US: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             202

TABLE 215         US: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 202

TABLE 216         US: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 202

11.4.3    CANADA            203

11.4.3.1 Development of commuter trains like metros and passenger rails to drive demand for batteries         203

TABLE 217         CANADA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     203

TABLE 218         CANADA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     203

TABLE 219         CANADA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     204

TABLE 220         CANADA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     204

11.4.4    MEXICO             204

11.4.4.1 Growing development of catenary-free rail tracks to drive market            204

TABLE 221         MEXICO: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     205

TABLE 222         MEXICO: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     205

TABLE 223         MEXICO: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     205

TABLE 224         MEXICO: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     205

11.5       REST OF THE WORLD   206

11.5.1    RECESSION IMPACT      206

FIGURE 43         REST OF THE WORLD: TRAIN BATTERY MARKET, 2023 VS. 2030 (USD MILLION) 207

TABLE 225        REST OF THE WORLD: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2022 (UNITS)         207

TABLE 226        REST OF THE WORLD: TRAIN BATTERY MARKET, BY COUNTRY, 2023–2030 (UNITS)         207

TABLE 227        REST OF THE WORLD: TRAIN BATTERY MARKET, BY COUNTRY, 2018–2022 (USD MILLION)          207

TABLE 228        REST OF THE WORLD: TRAIN BATTERY MARKET, BY COUNTRY, 2023–2030 (USD MILLION)          208

11.5.2    BRAZIL 208

11.5.2.1 Growing demand for auxiliary function batteries to drive market             208

TABLE 229         BRAZIL: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     208

TABLE 230         BRAZIL: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     209

TABLE 231         BRAZIL: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     209

TABLE 232         BRAZIL: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     209

11.5.3    RUSSIA 210

11.5.3.1 Increasing demand for wide temperature-range rail batteries to drive market              210

TABLE 233         RUSSIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (UNITS)     210

TABLE 234         RUSSIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (UNITS)     211

TABLE 235         RUSSIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION)     211

TABLE 236         RUSSIA: TRAIN BATTERY MARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION)     211

12          TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK  212

12.1       INTRODUCTION            213

12.1.1    INDUSTRY INSIGHTS    213

FIGURE 44         TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2023 VS. 2030 (USD MILLION)     214

TABLE 237         TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2018–2022 (UNITS)     214

TABLE 238         TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2023–2030 (UNITS)     214

TABLE 239         TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2018–2022 (USD MILLION)     215

TABLE 240         TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK, 2023–2030 (USD MILLION)     215

12.2       LOCOMOTIVES 215

12.2.1    IMPROVED LIFE CYCLE OF LOCOMOTIVES TO DRIVE DEMAND FOR TRAIN BATTERIES         215

TABLE 241         LOCOMOTIVES: TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2022 (UNITS)         216

TABLE 242         LOCOMOTIVES: TRAIN BATTERY AFTERMARKET, BY REGION, 2023–2030 (UNITS)         216

TABLE 243         LOCOMOTIVES: TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2022 (USD MILLION)          216

TABLE 244         LOCOMOTIVES: TRAIN BATTERY AFTERMARKET, BY REGION, 2023–2030 (USD MILLION)          216

12.3       MULTIPLE UNITS          217

12.3.1    ADVANCED FEATURES IN URBAN TRANSIT SYSTEMS TO INCREASE TRAIN BATTERY ADOPTION IN MULTIPLE UNITS          217

TABLE 245         MULTIPLE UNITS: TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2022 (UNITS)       217

TABLE 246         MULTIPLE UNITS: TRAIN BATTERY AFTERMARKET, BY REGION, 2023–2030 (UNITS)       217

TABLE 247         MULTIPLE UNITS: TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2022 (USD MILLION)       218

TABLE 248         MULTIPLE UNITS: TRAIN BATTERY AFTERMARKET, BY REGION, 2023–2030 (USD MILLION)       218

12.4       PASSENGER COACHES  218

12.4.1    REFURBISHMENT PROJECTS TO EXTEND OPERATIONAL LIFE OF PASSENGER COACHES TO BOOST DEMAND      218

TABLE 249         PASSENGER COACHES: TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2022 (UNITS)       219

TABLE 250         PASSENGER COACHES: TRAIN BATTERY AFTERMARKET, BY REGION, 2023–2030 (UNITS)       219

TABLE 251         PASSENGER COACHES: TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2022 (USD MILLION)       219

TABLE 252         PASSENGER COACHES: TRAIN BATTERY AFTERMARKET, BY REGION, 2023–2030 (USD MILLION)       219

13          TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE     221

13.1       INTRODUCTION            222

13.1.1    INDUSTRY INSIGHTS    222

FIGURE 45         TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2023 VS. 2030 (USD MILLION)     222

TABLE 253         TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2018–2022 (UNITS)             223

TABLE 254         TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2023–2030 (UNITS)             223

TABLE 255         TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2018–2022 (USD MILLION) 223

TABLE 256         TRAIN BATTERY AFTERMARKET, BY BATTERY TYPE, 2023–2030 (USD MILLION) 223

13.2       LEAD-ACID BATTERIES 224

13.2.1    FREQUENT REPLACEMENT RATE AND LOW CYCLE LIFE TO DRIVE DEMAND           224

TABLE 257         LEAD-ACID BATTERY AFTERMARKET, BY REGION, 2018–2022 (UNITS)             224

TABLE 258         LEAD-ACID BATTERY AFTERMARKET, BY REGION, 2023–2030 (UNITS)             224

TABLE 259         LEAD-ACID BATTERY AFTERMARKET, BY REGION, 2018–2022 (USD MILLION) 224

TABLE 260         LEAD-ACID BATTERY AFTERMARKET, BY REGION, 2023–2030 (USD MILLION) 225

13.3       NICKEL-CADMIUM BATTERIES 225

13.3.1    LONGER LIFE AND EASY MAINTENANCE TO BOOST MARKET SHARE              225

TABLE 261         NICKEL-CADMIUM BATTERY AFTERMARKET, BY REGION, 2018–2022 (UNITS)         225

TABLE 262         NICKEL-CADMIUM BATTERY AFTERMARKET, BY REGION, 2023–2030 (UNITS)         226

TABLE 263         NICKEL-CADMIUM BATTERY AFTERMARKET, BY REGION, 2018–2022 (USD MILLION)          226

TABLE 264         NICKEL-CADMIUM BATTERY AFTERMARKET, BY REGION, 2023–2030 (USD MILLION)          226

14          TRAIN BATTERY AFTERMARKET, BY APPLICATION       227

14.1       INTRODUCTION            228

14.1.1    INDUSTRY INSIGHTS    228

FIGURE 46         TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2023 VS. 2030 (USD MILLION)     228

TABLE 265         TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2018–2022 (UNITS)             228

TABLE 266         TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2023–2030 (UNITS)             229

TABLE 267         TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2018–2022 (USD MILLION) 229

TABLE 268         TRAIN BATTERY AFTERMARKET, BY APPLICATION, 2023–2030 (USD MILLION) 229

14.2       STARTER BATTERIES    229

14.2.1    REQUIREMENT FOR REPLACEMENT BATTERIES IN DMUS AND DIESEL LOCOMOTIVES TO DRIVE DEMAND      229

TABLE 269         STARTER BATTERY AFTERMARKET, BY REGION, 2018–2022 (UNITS)             230

TABLE 270         STARTER BATTERY AFTERMARKET, BY REGION, 2023–2030 (UNITS)             230

TABLE 271         STARTER BATTERY AFTERMARKET, BY REGION, 2018–2022 (USD MILLION) 230

TABLE 272         STARTER BATTERY AFTERMARKET, BY REGION, 2023–2030 (USD MILLION) 230

14.3       AUXILIARY BATTERIES 231

14.3.1    GROWING POWER REQUIREMENT FOR ONBOARD ELECTRIC SYSTEMS TO RAISE DEMAND       231

TABLE 273         AUXILIARY BATTERY AFTERMARKET, BY REGION, 2018–2022 (UNITS)             231

TABLE 274         AUXILIARY BATTERY AFTERMARKET, BY REGION, 2023–2030 (UNITS)             231

TABLE 275         AUXILIARY BATTERY AFTERMARKET, BY REGION, 2018–2022 (USD MILLION) 231

TABLE 276         AUXILIARY BATTERY AFTERMARKET, BY REGION, 2023–2030 (USD MILLION) 232

15          TRAIN BATTERY AFTERMARKET, BY REGION    233

15.1       INTRODUCTION            234

15.1.1    INDUSTRY INSIGHTS    234

FIGURE 47         TRAIN BATTERY AFTERMARKET, BY REGION, 2023 VS. 2030 (USD MILLION) 234

TABLE 277         TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2022 (UNITS)             235

TABLE 278         TRAIN BATTERY AFTERMARKET, BY REGION, 2023–2030 (UNITS)             235

TABLE 279         TRAIN BATTERY AFTERMARKET, BY REGION, 2018–2022 (USD MILLION)          235

TABLE 280         TRAIN BATTERY AFTERMARKET, BY REGION, 2023–2030 (USD MILLION)          235

15.2       ASIA PACIFIC    236

15.2.1    HIGH NUMBER OF ROLLING STOCKS TO DRIVE REPLACEMENT DEMAND           236

15.3       EUROPE             236

15.3.1    EXPANSION OF INTERCITY RAIL NETWORKS TO DRIVE DEMAND              236

15.4       NORTH AMERICA          236

15.4.1    GROWING DIESEL LOCOMOTIVE RETROFITTING AND REFURBISHMENT TO DRIVE DEMAND  236

16          COMPETITIVE LANDSCAPE       237

16.1       OVERVIEW        237

16.2       MARKET SHARE ANALYSIS, 2022             237

TABLE 281         TRAIN BATTERY MARKET SHARE ANALYSIS, 2022           237

16.3       TRAIN BATTERY MARKET SHARE ANALYSIS, 2022           238

FIGURE 48         TRAIN BATTERY MARKET SHARE ANALYSIS, 2022           238

16.4       REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 239

FIGURE 49         REVENUE ANALYSIS OF TOP 5 MARKET PLAYERS, 2020–2022              239

16.5       COMPANY EVALUATION MATRIX          240

16.5.1    STARS  240

16.5.2    EMERGING LEADERS    240

16.5.3    PERVASIVE PLAYERS     240

16.5.4    PARTICIPANTS 241

FIGURE 50         COMPANY EVALUATION MATRIX: TRAIN BATTERY MANUFACTURERS, 2022             241

16.5.5    COMPANY FOOTPRINT 242

TABLE 282         TRAIN BATTERY MARKET: COMPANY PRODUCT FOOTPRINT, 2022      242

TABLE 283         TRAIN BATTERY MARKET: COMPANY APPLICATION FOOTPRINT, 2022          243

TABLE 284         TRAIN BATTERY MARKET: COMPANY REGION FOOTPRINT, 2022      244

16.6       COMPANY EVALUATION MATRIX – BATTERY MANUFACTURERS FOR FULLY BATTERY-OPERATED TRAINS    245

16.6.1    STARS  245

16.6.2    EMERGING LEADERS    245

16.6.3    PERVASIVE PLAYERS     245

16.6.4    PARTICIPANTS 245

FIGURE 51         COMPANY EVALUATION MATRIX: BATTERY MANUFACTURERS FOR FULLY BATTERY-OPERATED TRAINS, 2022        246

16.6.5    COMPANY FOOTPRINT 247

TABLE 285         COMPANY PRODUCT FOOTPRINT, 2022             247

TABLE 286         COMPANY APPLICATION FOOTPRINT, 2022      247

TABLE 287         COMPANY REGION FOOTPRINT, 2022   248

16.7       COMPETITIVE SCENARIO          248

16.7.1    PRODUCT LAUNCHES  248

TABLE 288         PRODUCT LAUNCHES, 2018–2023           248

16.7.2    DEALS  250

TABLE 289         DEALS, 2018–2023           250

16.7.3    OTHERS             256

TABLE 290         OTHERS, 2018–2023        256

16.8       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2018–2022     258

TABLE 291         COMPANIES ADOPTED PRODUCT DEVELOPMENTS AND EXPANSIONS AS KEY GROWTH STRATEGIES, 2018–2022 258

16.9       MAJOR BATTERY SUPPLIERS – CURRENT PRODUCT OFFERINGS AND FUTURE PRODUCT PLANS         260

TABLE 292         CURRENT VS. FUTURE PRODUCT PLANS            260

17          COMPANY PROFILES    261

17.1       KEY PLAYERS   261

(Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments)*

17.1.1    ENERSYS            261

TABLE 293         ENERSYS: COMPANY OVERVIEW            261

FIGURE 52         ENERSYS: COMPANY SNAPSHOT            262

TABLE 294         ENERSYS: PRODUCT LAUNCHES            264

TABLE 295         ENERSYS: DEALS            264

17.1.2    SAFT     268

TABLE 296         SAFT: COMPANY OVERVIEW     268

TABLE 297         SAFT: DEALS     269

TABLE 298         SAFT: OTHERS  272

17.1.3    GS YUASA INTERNATIONAL LTD.          274

TABLE 299         GS YUASA INTERNATIONAL LTD.: COMPANY OVERVIEW              274

FIGURE 53         GS YUASA INTERNATIONAL LTD.: COMPANY SNAPSHOT              275

TABLE 300         GS YUASA INTERNATIONAL LTD.: PRODUCT LAUNCHES              276

TABLE 301         GS YUASA INTERNATIONAL LTD.: OTHERS       277

17.1.4    EXIDE INDUSTRIES LTD.            279

TABLE 302         EXIDE INDUSTRIES LTD.: COMPANY OVERVIEW             279

FIGURE 54         EXIDE INDUSTRIES LTD.: COMPANY SNAPSHOT            280

TABLE 303         EXIDE INDUSTRIES LTD.: DEALS            281

TABLE 304         EXIDE INDUSTRIES LTD.: OTHERS         281

17.1.5    AMARA RAJA BATTERIES LIMITED         283

TABLE 305         AMARA RAJA BATTERIES LIMITED: COMPANY OVERVIEW              283

FIGURE 55         AMARA RAJA BATTERIES LIMITED: COMPANY SNAPSHOT              284

TABLE 306         AMARA RAJA BATTERIES LIMITED: DEALS         285

TABLE 307         AMARA RAJA BATTERIES LIMITED: OTHERS      285

17.1.6    HOPPECKE BATTERIEN GMBH & CO. KG            287

TABLE 308         HOPPECKE BATTERIEN GMBH & CO. KG: COMPANY OVERVIEW        287

TABLE 309         HOPPECKE BATTERIEN GMBH & CO. KG: DEALS            289

TABLE 310         HOPPECKE BATTERIEN GMBH & CO. KG: OTHERS         290

17.1.7    SEC BATTERY   291

TABLE 311         SEC BATTERY: COMPANY OVERVIEW    291

17.1.8    FIRST NATIONAL BATTERY       292

TABLE 312         FIRST NATIONAL BATTERY: COMPANY OVERVIEW        292

17.1.9    POWER & INDUSTRIAL BATTERY SYSTEMS GMBH         293

TABLE 313         POWER & INDUSTRIAL BATTERY SYSTEMS GMBH: COMPANY OVERVIEW        293

17.1.10  EXIDE TECHNOLOGIES 294

TABLE 314         EXIDE TECHNOLOGIES: COMPANY OVERVIEW 294

17.1.11  TOSHIBA CORPORATION           296

TABLE 315         TOSHIBA CORPORATION: COMPANY OVERVIEW           296

FIGURE 56         TOSHIBA CORPORATION: COMPANY SNAPSHOT           297

TABLE 316         TOSHIBA CORPORATION: PRODUCT LAUNCHES           298

TABLE 317         TOSHIBA CORPORATION: DEALS           299

TABLE 318         TOSHIBA CORPORATION: OTHERS        299

*Business Overview, Products/Services/Solutions Offered, MnM View, Key Strengths and Right to Win, Strategic Choices Made, Weaknesses and Competitive Threats, Recent Developments might not be captured in case of unlisted companies.

17.2       OTHER PLAYERS           300

17.2.1    EAST PENN MANUFACTURING COMPANY         300

TABLE 319         EAST PENN MANUFACTURING COMPANY: COMPANY OVERVIEW        300

17.2.2    MICROTEX ENERGY PRIVATE LIMITED 301

TABLE 320         MICROTEX ENERGY PRIVATE LIMITED: COMPANY OVERVIEW              301

17.2.3    AEG POWER SOLUTIONS           302

TABLE 321         AEG POWER SOLUTIONS: COMPANY OVERVIEW            302

17.2.4    FURUKAWA ELECTRIC CO., LTD.            303

TABLE 322         FURUKAWA ELECTRIC CO., LTD.: COMPANY OVERVIEW              303

17.2.5    HUNAN FENGRI POWER & ELECTRIC CO., LTD. 304

TABLE 323         HUNAN FENGRI POWER & ELECTRIC CO., LTD.: COMPANY OVERVIEW        304

17.2.6    SHUANGDENG GROUP CO., LTD.           305

TABLE 324         SHUANGDENG GROUP CO., LTD.: COMPANY OVERVIEW              305

17.2.7    COSLIGHT INDIA           305

TABLE 325         COSLIGHT INDIA: COMPANY OVERVIEW           305

17.2.8    SHIELD BATTERIES LIMITED    306

TABLE 326         SHIELD BATTERIES LIMITED: COMPANY OVERVIEW     306

17.2.9    AKASOL AG       307

TABLE 327         AKASOL AG: COMPANY OVERVIEW       307

17.2.10  DMS TECHNOLOGIES   308

TABLE 328         DMS TECHNOLOGIES: COMPANY OVERVIEW    308

17.2.11  NATIONAL RAILWAY SUPPLY   309

TABLE 329         NATIONAL RAILWAY SUPPLY: COMPANY OVERVIEW    309

17.2.12  LECLANCHÉ SA 310

TABLE 330         LECLANCHÉ SA: COMPANY OVERVIEW 310

17.2.13  ECOBAT            311

TABLE 331         ECOBAT: COMPANY OVERVIEW             311

17.2.14  HBL BATTERIES             312

TABLE 332         HBL BATTERIES: COMPANY OVERVIEW 312

17.2.15  STAR BATTERY LTD.     313

TABLE 333         STAR BATTERY LTD.: COMPANY OVERVIEW     313

17.2.16  HITACHI, LTD. 314

TABLE 334         HITACHI, LTD.: COMPANY OVERVIEW  314

18          RECOMMENDATIONS FROM MARKETSANDMARKETS   315

18.1       ASIA PACIFIC: POTENTIAL MARKET FOR TRAIN BATTERY MANUFACTURERS TO FOCUS ON           315

18.2       COST-EFFECTIVE BATTERY TECHNOLOGIES WITH HIGH ENERGY DENSITY: NEED OF FUTURE      316

18.3       CONCLUSION   316

19          APPENDIX         317

19.1       INSIGHTS FROM INDUSTRY EXPERTS   317

19.2       DISCUSSION GUIDE      318

19.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             322

19.4       CUSTOMIZATION OPTIONS      324

19.4.1    TRAIN BATTERY MARKET, BY APPLICATION AND ROLLING STOCK              324

19.4.1.1 Engine Starters    324

19.4.1.2 Auxiliary Functions            324

19.4.2    TRAIN BATTERY MARKET, BY ROLLING STOCK AND BY BATTERY TYPE              324

19.4.2.1 Lead-acid            324

19.4.2.2 Nickel-Cadmium 324

19.4.2.3 Lithium-ion         324

19.4.3    US TRAIN BATTERY AFTERMARKET, BY ROLLING STOCK           324

19.4.3.1 Locomotives        324

19.4.3.2 Multiple Units      324

19.4.3.3 Passenger Coaches            324

19.5       RELATED REPORTS       325

19.6       AUTHOR DETAILS         326