Market Overview:
The global auxiliary power systems for rolling stock market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for rapid transit vehicles, locomotives, and railroad cars across the globe. Additionally, the rising adoption of advanced technologies in auxiliary power systems for rolling stock is also contributing to the market growth. The global auxiliary power systems for rolling stock market by type is segmented into 750VDC, 1500VDC, and 3000VDC segments. The 750VDC segment accounted for the largest share of the global auxiliary power systems for rolling stock market in 2017 and is projected to grow at a CAGR of 6% during the forecast period. This can be attributed to its low cost and easy installation as compared with other types of voltage levels.
Product Definition:
Auxiliary Power Systems (APS) provide power to a rolling stock vehicle independent of the primary power source. This allows for functions such as air conditioning, heating, and lighting to continue operating when the main power is unavailable. APS are critical for safe and efficient operation of a rolling stock vehicle.
750VDC:
750VDC is the power rating for a single phase AC-DC source. It is commonly used in auxiliary power systems for rolling stock. The global market size was valued at USD 0.01 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2022, owing to increasing demand from various end-use industries such as automotive, construction equipment, material handling equipment and others.
1500VDC:
The 1500VDC is the voltage of a rail system that provides power to run the train. It is also used in some systems such as locomotives and metros where additional power needs are fulfilled by this voltage. The trains with these systems need to have an electric motor or a diesel engine, which can be operated at variable speeds depending on the load being carried by the train.
The auxiliary power system for rolling stock consists of two main parts; namely, traction batteries.
Application Insights:
On the basis of application, the market is segmented into rapid transit vehicles, locomotives, and railroad cars. Rapid transit vehicles include buses and metros. Buses are further categorized into single-deckers and double-decker buses. The demand for double decker buses is anticipated to witness growth at a CAGR of XX% from 2017 to 2030 owing to increased passenger traffic on account of rising disposable income levels coupled with population expansion in developing countries such as India and China. In addition, increasing government expenditure towards improving public transportation systems will drive the product demand over the forecast period.
The locomotive segment includes diesel electric multiple units (DEMUs) as well as electric locomotives used for long-distance passenger services on railways lines that are longer than 1 kilometer in length across various regions worldwide including North America, Europe, Asia Pacific Africa).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period owing to increasing demand for rolling stock from various rapid transit systems and railways. The Indian government has planned extensive modernization of its aging transportation infrastructure, which will increase the rolling stock requirement in this region. Europe is also likely to witness a significant rise in demand for APS units on account of increasing traction current requirements on account of growing passenger traffic and freight shipments across several countries including Germany, France, Italy, Spain and others. Moreover, rising investments by governments in developing nations such as India are anticipated to boost regional growth over the next eight years.
The North American market was valued at USD X million in 2017 owing to high product penetration levels coupled with well-established manufacturers & suppliers across U.S.
Growth Factors:
- Increasing demand for rolling stock from the transportation sector
- Growing urbanization and industrialization in developing countries
- Proliferation of high-speed rail networks around the world
- Development of next-generation auxiliary power systems that are more efficient and reliable
- Rising concerns about climate change and air pollution
Scope Of The Report
Report Attributes
Report Details
Report Title
Auxiliary Power Systems for Rolling Stock Market Research Report
By Type
750VDC, 1500VDC, 3000VDC
By Application
Rapid Transit Vehicles, Locomotives, Railroad Cars
By Companies
ABB, GENERAL ELECTRIC, Mitsubishi Electric, SMA Railway Technology, Toshiba, TTM Rail - Transtech Melbourne, ABB
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Auxiliary Power Systems for Rolling Stock Market Report Segments:
The global Auxiliary Power Systems for Rolling Stock market is segmented on the basis of:
Types
750VDC, 1500VDC, 3000VDC
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Rapid Transit Vehicles, Locomotives, Railroad Cars
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- GENERAL ELECTRIC
- Mitsubishi Electric
- SMA Railway Technology
- Toshiba
- TTM Rail - Transtech Melbourne
- ABB
Highlights of The Auxiliary Power Systems for Rolling Stock Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 750VDC
- 1500VDC
- 3000VDC
- By Application:
- Rapid Transit Vehicles
- Locomotives
- Railroad Cars
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Auxiliary Power Systems for Rolling Stock Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Auxiliary power systems for rolling stock are typically used to provide supplemental power to locomotives and railcars in order to maintain a consistent speed and prevent delays. Auxiliary power can also be used to operate equipment such as air brakes, lights, and horns.
Some of the key players operating in the auxiliary power systems for rolling stock market are ABB, GENERAL ELECTRIC, Mitsubishi Electric, SMA Railway Technology, Toshiba, TTM Rail - Transtech Melbourne, ABB.
The auxiliary power systems for rolling stock market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Auxiliary Power Systems for Rolling Stock Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Auxiliary Power Systems for Rolling Stock Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Auxiliary Power Systems for Rolling Stock Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Auxiliary Power Systems for Rolling Stock Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Auxiliary Power Systems for Rolling Stock Market Size & Forecast, 2018-2028
4.5.1 Auxiliary Power Systems for Rolling Stock Market Size and Y-o-Y Growth
4.5.2 Auxiliary Power Systems for Rolling Stock Market Absolute $ Opportunity
Chapter 5 Global Auxiliary Power Systems for Rolling Stock Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Auxiliary Power Systems for Rolling Stock Market Size Forecast by Type
5.2.1 750VDC
5.2.2 1500VDC
5.2.3 3000VDC
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Auxiliary Power Systems for Rolling Stock Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Auxiliary Power Systems for Rolling Stock Market Size Forecast by Applications
6.2.1 Rapid Transit Vehicles
6.2.2 Locomotives
6.2.3 Railroad Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Auxiliary Power Systems for Rolling Stock Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Auxiliary Power Systems for Rolling Stock Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Auxiliary Power Systems for Rolling Stock Analysis and Forecast
9.1 Introduction
9.2 North America Auxiliary Power Systems for Rolling Stock Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Auxiliary Power Systems for Rolling Stock Market Size Forecast by Type
9.6.1 750VDC
9.6.2 1500VDC
9.6.3 3000VDC
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Auxiliary Power Systems for Rolling Stock Market Size Forecast by Applications
9.10.1 Rapid Transit Vehicles
9.10.2 Locomotives
9.10.3 Railroad Cars
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Auxiliary Power Systems for Rolling Stock Analysis and Forecast
10.1 Introduction
10.2 Europe Auxiliary Power Systems for Rolling Stock Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Auxiliary Power Systems for Rolling Stock Market Size Forecast by Type
10.6.1 750VDC
10.6.2 1500VDC
10.6.3 3000VDC
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Auxiliary Power Systems for Rolling Stock Market Size Forecast by Applications
10.10.1 Rapid Transit Vehicles
10.10.2 Locomotives
10.10.3 Railroad Cars
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Auxiliary Power Systems for Rolling Stock Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Auxiliary Power Systems for Rolling Stock Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Auxiliary Power Systems for Rolling Stock Market Size Forecast by Type
11.6.1 750VDC
11.6.2 1500VDC
11.6.3 3000VDC
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Auxiliary Power Systems for Rolling Stock Market Size Forecast by Applications
11.10.1 Rapid Transit Vehicles
11.10.2 Locomotives
11.10.3 Railroad Cars
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Auxiliary Power Systems for Rolling Stock Analysis and Forecast
12.1 Introduction
12.2 Latin America Auxiliary Power Systems for Rolling Stock Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Auxiliary Power Systems for Rolling Stock Market Size Forecast by Type
12.6.1 750VDC
12.6.2 1500VDC
12.6.3 3000VDC
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Auxiliary Power Systems for Rolling Stock Market Size Forecast by Applications
12.10.1 Rapid Transit Vehicles
12.10.2 Locomotives
12.10.3 Railroad Cars
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Auxiliary Power Systems for Rolling Stock Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Auxiliary Power Systems for Rolling Stock Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Auxiliary Power Systems for Rolling Stock Market Size Forecast by Type
13.6.1 750VDC
13.6.2 1500VDC
13.6.3 3000VDC
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Auxiliary Power Systems for Rolling Stock Market Size Forecast by Applications
13.10.1 Rapid Transit Vehicles
13.10.2 Locomotives
13.10.3 Railroad Cars
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Auxiliary Power Systems for Rolling Stock Market: Competitive Dashboard
14.2 Global Auxiliary Power Systems for Rolling Stock Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 GENERAL ELECTRIC
14.3.3 Mitsubishi Electric
14.3.4 SMA Railway Technology
14.3.5 Toshiba
14.3.6 TTM Rail - Transtech Melbourne
14.3.7 ABB
