The global Train Battery Market size is projected to reach USD 255 million by 2030, from an estimated value of USD 143 million in 2020, at a CAGR of 5.9%. Rapid urbanization in emerging countries and advanced economies is considered to be one of the …
The Global Rolling Stock Market is estimated to be $54.43 billion in 2018 and is projected to reach $73.80 billion by 2025, growing at a CAGR of 4.44% from 2018 to 2025. The growing requirement for public transport as a mode to reduce traffic congestion …
With an increase in the urban population, there is a rising demand for urban transport, especially metros, monorails, and light trains. Alternatively, the growing demand for luxury and comfort has increased the electrical applications in passenger coaches. All these factors together are projected to drive …