Train Battery Industry Report 2023 - Global Forecast to 2030 with EnerSys, Exide Industries, Saft, Amara Raja Batteries, GS Yuasa, and HOPPECKE Batterien Dominating - ResearchAndMarkets.com
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 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.
- 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.
- Rail network electrification, emission regulations, and advancements in battery technologies are expected to drive train battery aftermarket in Asia Pacific.