Global Train Battery Market size was valued at US$ 138 Mn in 2019 and expected to reach US$ XX Mn by 2019 at a CAGR of 5.7% during the forecast period.

The Global Train Battery market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The Global Train Battery report also provides trends by market segments, technology, and investment with a competitive landscape.

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Global Train Battery Market Overview:

Train batteries are specially used for diesel engine starting function, signaling purpose, telecommunication, train lighting power unit, air conditioning system powering, and in electric locomotives for EMUs. Batteries used for lighting purpose are rechargeable and gets charged when the train is running so that power is available for even when the engine of the train is switched off. For engine starting purposes, Diesel engine batteries are used to start the motor which is feeding the power to the engine in case of no backup utilities are available.
Global Train Battery Market Dynamics:

Increasing demand for locomotives for maximum full load output and maintaining of electrical load in trains even if the train is stopped at emergency situations are the key factors considered to drive the train battery market growth. Moreover, increasing inclination of locomotive operators towards the energy-efficient system and rising demand for fuel alternatives owing to depletion of fuel sources across the globe are the supporting factors considered to drive the market growth. According to International Energy Agency (IEA), railways market has consumed approximately 16.4 million units of carriage lighting batteries and 5.8 million units of diesel starting batteries across the globe in the year 2019 owing to applications including shock resistance and extended battery life provided by manufacturers.

Moreover, developments in advanced battery technologies and growing urban infrastructure in developing countries and emerging economies across the globe are the factors considered to drive the train battery market during the forecast period. In addition, bolstering economic growth in the developing regions is the factor attributing to growth trends in the market.

The high maintenance cost of batteries and heavy capital investment in the rail network are the key factors considered to restrain the market growth. Moreover, increasing operational cost for rail networks is the key challenge for manufacturers across the globe.

Increasing supply contracts are given by governments to prominent players in the market and extensive plans for the railway electrification by governments in order to curb pollution across the globe are the key factors expected to create opportunities in the market.
Global Train Battery Market Segment Analysis:

Nickel Cadmium Batteries Segment is dominating the Train Battery Market:

50% higher energy density of Ni-Cd batteries and the relatively low terminal voltage of the batteries are the factors considered to drive the Ni-Cd batteries segment growth in the train battery market. Moreover, the better performance characteristics of the Ni-Cd battery are the key supporting factor making it the most popular brand among the locomotive operators. The main operation of these batteries is to provide auxiliary power to diesel locomotives to kick start the engine. Ni-Cd batteries are made from the sintering plate method which provides incremental dimensional stability to the design of the battery. According to Exide India, the Ni-Cd battery was accounted for approximately 440 million USD in the year 2019 owing to the reliability of the batteries and the increasing popularity of the product in the APAC market.
Full Battery Operated Trains Segment is boosting the Train Battery Market Sales:

Full battery-operated trains are dominating the European region owing to the increasing need for auxiliary power systems and increasing demand for battery-operated trains owing to rising diesel fuel prices in the region as well as across the globe. Diesel generators are fully replaced with batteries in this type of trains and these batteries are used as a power source on non-electrified lines. Increasing government support to non-electrified lines in the European region is the key factor driving the market growth of the full battery-operated segment. Recently Germany announced the implementation of non-electrified lines with a distance of approximately 350 kilometers throughout the nation. The new Leipzig-Chemnitz non-electric railway track of nearly 80 kilometers is a fresh example for battery-operated trains functionality.
Increasing Railways Sector Electrification with Privatization is expected to bolster future for Train Battery Market:

Giving quality services to consumers and increasing the revenue for railways in order to boost the economy of the country are the key factors expected to create growth opportunities for the train battery market during the forecast period. Smooth functionality of the railway's system and increasing demand for auxiliary services providing for the consumers are some of the factors which only can be provided by privatized companies. Hence governments are now increasingly privatizing the railway industry to offer great services to the consumers and to make the train system the economic pillars for the respective countries. The auxiliary functions provided by private organizations are-

• Wi-Fi Services
• Train lighting
• Automatic Door operating
• Infotainment
• AC services
Impact of COVID pandemic on the Train Battery market:

COVID pandemic posed heavy impact on Train Battery market owing to delayed manufacturing activities and irregularities in transportation across the globe. Moreover, increasing sanitation requirements and social distancing norms have induced a drop in the Train Battery market. Furthermore, the unavailability of the work force for trains owing to stringent rules and regulations has expected to hamper the market growth.

APAC market has accounted loss of 1.2 billion USD in the year 2020 and the European market has accounted for the loss of 2.6 billion USD in same year owing to the increasing operational cost of trains during the pandemic. Moreover, decreasing demand for iron ore and coal owing to halting of manufacturing activities have agitated the freight carriers industry by a 60% reduction in operations.

Moreover, increasing demand for healthcare products including PPE kits, commodities, and rolling stocks across the APAC and European market has created positive growth for railways in terms of sales in the year 2020.
Global Train Battery Market Regional Insights:

The Asia Pacific holds the major share in the Train Battery market with approximately 43%. Increasing use of freight carriers in the region owing to high production of rolling stock in the APAC region and fastest urban developments in the regions of China, India, Japan, and South Korea is the key factor considered to drive the market growth. Moreover, the high inclination of manufacturers towards auxiliary power segments is the key supporting factor boosting the market growth in APAC. China dominates the APAC region with approximately 38% market share owing to increasing transportation and technology infrastructure in the region and the emergence of China into the technological hub of APAC.

Europe is expected to pose as the fastest-growing region in the Train Battery Market with approximately 30% market share. Increasing investment in the locomotives sector by the EU and increasing no. of high speed, suburban, and battery-operated trains in the European region are the key factors attributing to market growth. Germany holds the prominent share in the market as the country is implementing the first battery-operated and hybrid train tracks across the region.

North America holds the dominant share in the market owing to high technological adoption in the market and highly emerged infrastructure capabilities in the region. North American region consumed approximately 1-1.2 million units of train batteries in the year 2019 owing to increasing transit trains in the market.

Global Train Battery Market

The objective of the report is to present a comprehensive analysis of the Global Train Battery Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.

PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.

The report also helps in understanding the Global Train Battery Market dynamics, structure by analyzing the market segments and project the Global Train Battery Market size. Clear representation of competitive analysis of key players by Type, price, financial position, Type portfolio, growth strategies, and regional presence in the Global Train Battery Market make the report investor’s guide.

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Global Train Battery Market
Global Train Battery Market, by Region

• North America
o US
o Canada
o Mexico
• Europe
o U.K
o France
o Germany
o Italy
o Spain
o Sweden
o CIS Countries
o Rest of Europe
• Asia Pacific
o China
o India
o Japan
o South Korea
o Australia
o ASEAN
o Rest of Asia Pacific
• Middle East and Africa
o South Africa
o GCC Countries
o Egypt
o Nigeria
o Rest of ME&A
• South America
o Brazil
o Argentina
o Rest of South America
Global Train Battery Market Key Players

• AEG Power Solutions
• ENERSYS
• China SHOTO
• The Furukawa Battery Co. Ltd.
• DMS Technologies Pvt. Ltd.
• East Penn manufacturing co.
• Akasol AG
• Shield battery Ltd.
• Leclanche
• Exide Industries Pvt. Ltd.
• National Railway Supply
• Hitachi
• Coslight India Telecom Pvt. Ltd.
• Sunlight
• Saft
• Hunan Fengri Power and Electric Co. Ltd.
• GS Yuasa
• Amara Raja Batteries
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