Global Railway Li-ion Battery Market Insights and Forecast to 2027

Railway Li-ion Battery is used as a battery for storing regenerative energy of trains and is also used as an emergency battery for supplying power for evacuation after power is cut off in an emergency. Compared to conventional systems, battery systems are used to mix locomotive vehicles to reduce the total energy consumption of the rolling stock system.
The key players in the global railway Li-ion battery market are like Saft Batteries and GS Yuasa, etc. Top 5 manufacturers accounted for about 66% market share.

Market Analysis and Insights: Global Railway Li-ion Battery Market
The global Railway Li-ion Battery market is valued at US$ 112.7 million in 2019. The market size will reach US$ 441.1 million by the end of 2026, growing at a CAGR of 21.7% during 2021-2026.

Global Railway Li-ion Battery Scope and Segment
Railway Li-ion Battery market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Railway Li-ion Battery market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
LFP Battery
Li-NMC Battery

Segment by Application
Autonomous Railway
Hybrid Railway

By Company
Saft Batteries
Hoppecke
GS Yuasa
Toshiba
Hitachi
Leclanché
AKASOL AG
Kokam

Production by Region
Europe
Japan
South Korea
China

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E