The global market for Lithium-Ion Batteries for Rail was valued at US$ 193 million in the year 2024 and is projected to reach a revised size of US$ 363 million by 2031, growing at a CAGR of 9.1% during the forecast period.
Lithium-Ion Batteries for Rail Applications refer to advanced energy storage systems using lithium-ion technology, specifically designed for use in railway vehicles and infrastructure. These batteries are used to power electric trains, trams, and other rail transport systems, offering advantages such as high energy density, long cycle life, and fast charging capabilities. They are often used for onboard power supply, regenerative braking systems, and as backup energy sources. Lithium-ion batteries are preferred in rail applications due to their reliability, efficiency, and relatively low weight compared to traditional lead-acid batteries.
North American market for Lithium-Ion Batteries for Rail is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Lithium-Ion Batteries for Rail is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Lithium-Ion Batteries for Rail include Saft Groupe SAS, BAE Batteries Ltd, CATL, GAZ Gmbh, Toshiba, Stryten Energy, East Penn Manufacturing Company, GNB Industrial Power, GS Yuasa, Furukawa Battery, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Lithium-Ion Batteries for Rail, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Lithium-Ion Batteries for Rail.
The Lithium-Ion Batteries for Rail market size, estimations, and forecasts are provided in terms of output/shipments (KW) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Lithium-Ion Batteries for Rail market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Lithium-Ion Batteries for Rail manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Saft Groupe SAS
BAE Batteries Ltd
CATL
GAZ Gmbh
Toshiba
Stryten Energy
East Penn Manufacturing Company
GNB Industrial Power
GS Yuasa
Furukawa Battery
by Type
LiFePO鈧� Batteries
NMC Batteries
Others
by Application
Urban Rail Transit
Conventional and High-speed Railway
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Lithium-Ion Batteries for Rail manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Lithium-Ion Batteries for Rail by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Lithium-Ion Batteries for Rail in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
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1 Lithium-Ion Batteries for Rail Applications Market Overview
1.1 Product Definition
1.2 Lithium-Ion Batteries for Rail Applications by Type
1.2.1 Global Lithium-Ion Batteries for Rail Applications Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 LiFePO鈧� Batteries
1.2.3 NMC Batteries
1.2.4 Others
1.3 Lithium-Ion Batteries for Rail Applications by Application
1.3.1 Global Lithium-Ion Batteries for Rail Applications Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Urban Rail Transit
1.3.3 Conventional and High-speed Railway
1.4 Global Market Growth Prospects
1.4.1 Global Lithium-Ion Batteries for Rail Applications Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Lithium-Ion Batteries for Rail Applications Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Lithium-Ion Batteries for Rail Applications Production Estimates and Forecasts (2020-2031)
1.4.4 Global Lithium-Ion Batteries for Rail Applications Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Lithium-Ion Batteries for Rail Applications Production Market Share by Manufacturers (2020-2025)
2.2 Global Lithium-Ion Batteries for Rail Applications Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Lithium-Ion Batteries for Rail Applications, Industry Ranking, 2023 VS 2024
2.4 Global Lithium-Ion Batteries for Rail Applications Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Lithium-Ion Batteries for Rail Applications Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Lithium-Ion Batteries for Rail Applications, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Lithium-Ion Batteries for Rail Applications, Product Offered and Application
2.8 Global Key Manufacturers of Lithium-Ion Batteries for Rail Applications, Date of Enter into This Industry
2.9 Lithium-Ion Batteries for Rail Applications Market Competitive Situation and Trends
2.9.1 Lithium-Ion Batteries for Rail Applications Market Concentration Rate
2.9.2 Global 5 and 10 Largest Lithium-Ion Batteries for Rail Applications Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Lithium-Ion Batteries for Rail Applications Production by Region
3.1 Global Lithium-Ion Batteries for Rail Applications Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Lithium-Ion Batteries for Rail Applications Production Value by Region (2020-2031)
3.2.1 Global Lithium-Ion Batteries for Rail Applications Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Lithium-Ion Batteries for Rail Applications by Region (2026-2031)
3.3 Global Lithium-Ion Batteries for Rail Applications Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Lithium-Ion Batteries for Rail Applications Production Volume by Region (2020-2031)
3.4.1 Global Lithium-Ion Batteries for Rail Applications Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Lithium-Ion Batteries for Rail Applications by Region (2026-2031)
3.5 Global Lithium-Ion Batteries for Rail Applications Market Price Analysis by Region (2020-2025)
3.6 Global Lithium-Ion Batteries for Rail Applications Production and Value, Year-over-Year Growth
3.6.1 North America Lithium-Ion Batteries for Rail Applications Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Lithium-Ion Batteries for Rail Applications Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Lithium-Ion Batteries for Rail Applications Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Lithium-Ion Batteries for Rail Applications Production Value Estimates and Forecasts (2020-2031)
3.6.5 South Korea Lithium-Ion Batteries for Rail Applications Production Value Estimates and Forecasts (2020-2031)
3.6.6 India Lithium-Ion Batteries for Rail Applications Production Value Estimates and Forecasts (2020-2031)
4 Lithium-Ion Batteries for Rail Applications Consumption by Region
4.1 Global Lithium-Ion Batteries for Rail Applications Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Lithium-Ion Batteries for Rail Applications Consumption by Region (2020-2031)
4.2.1 Global Lithium-Ion Batteries for Rail Applications Consumption by Region (2020-2025)
4.2.2 Global Lithium-Ion Batteries for Rail Applications Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Lithium-Ion Batteries for Rail Applications Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Lithium-Ion Batteries for Rail Applications Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Lithium-Ion Batteries for Rail Applications Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Lithium-Ion Batteries for Rail Applications Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Lithium-Ion Batteries for Rail Applications Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Lithium-Ion Batteries for Rail Applications Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Lithium-Ion Batteries for Rail Applications Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Lithium-Ion Batteries for Rail Applications Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Lithium-Ion Batteries for Rail Applications Production by Type (2020-2031)
5.1.1 Global Lithium-Ion Batteries for Rail Applications Production by Type (2020-2025)
5.1.2 Global Lithium-Ion Batteries for Rail Applications Production by Type (2026-2031)
5.1.3 Global Lithium-Ion Batteries for Rail Applications Production Market Share by Type (2020-2031)
5.2 Global Lithium-Ion Batteries for Rail Applications Production Value by Type (2020-2031)
5.2.1 Global Lithium-Ion Batteries for Rail Applications Production Value by Type (2020-2025)
5.2.2 Global Lithium-Ion Batteries for Rail Applications Production Value by Type (2026-2031)
5.2.3 Global Lithium-Ion Batteries for Rail Applications Production Value Market Share by Type (2020-2031)
5.3 Global Lithium-Ion Batteries for Rail Applications Price by Type (2020-2031)
6 Segment by Application
6.1 Global Lithium-Ion Batteries for Rail Applications Production by Application (2020-2031)
6.1.1 Global Lithium-Ion Batteries for Rail Applications Production by Application (2020-2025)
6.1.2 Global Lithium-Ion Batteries for Rail Applications Production by Application (2026-2031)
6.1.3 Global Lithium-Ion Batteries for Rail Applications Production Market Share by Application (2020-2031)
6.2 Global Lithium-Ion Batteries for Rail Applications Production Value by Application (2020-2031)
6.2.1 Global Lithium-Ion Batteries for Rail Applications Production Value by Application (2020-2025)
6.2.2 Global Lithium-Ion Batteries for Rail Applications Production Value by Application (2026-2031)
6.2.3 Global Lithium-Ion Batteries for Rail Applications Production Value Market Share by Application (2020-2031)
6.3 Global Lithium-Ion Batteries for Rail Applications Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Saft Groupe SAS
7.1.1 Saft Groupe SAS Lithium-Ion Batteries for Rail Applications Company Information
7.1.2 Saft Groupe SAS Lithium-Ion Batteries for Rail Applications Product Portfolio
7.1.3 Saft Groupe SAS Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Saft Groupe SAS Main Business and Markets Served
7.1.5 Saft Groupe SAS Recent Developments/Updates
7.2 BAE Batteries Ltd
7.2.1 BAE Batteries Ltd Lithium-Ion Batteries for Rail Applications Company Information
7.2.2 BAE Batteries Ltd Lithium-Ion Batteries for Rail Applications Product Portfolio
7.2.3 BAE Batteries Ltd Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.2.4 BAE Batteries Ltd Main Business and Markets Served
7.2.5 BAE Batteries Ltd Recent Developments/Updates
7.3 CATL
7.3.1 CATL Lithium-Ion Batteries for Rail Applications Company Information
7.3.2 CATL Lithium-Ion Batteries for Rail Applications Product Portfolio
7.3.3 CATL Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.3.4 CATL Main Business and Markets Served
7.3.5 CATL Recent Developments/Updates
7.4 GAZ Gmbh
7.4.1 GAZ Gmbh Lithium-Ion Batteries for Rail Applications Company Information
7.4.2 GAZ Gmbh Lithium-Ion Batteries for Rail Applications Product Portfolio
7.4.3 GAZ Gmbh Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.4.4 GAZ Gmbh Main Business and Markets Served
7.4.5 GAZ Gmbh Recent Developments/Updates
7.5 Toshiba
7.5.1 Toshiba Lithium-Ion Batteries for Rail Applications Company Information
7.5.2 Toshiba Lithium-Ion Batteries for Rail Applications Product Portfolio
7.5.3 Toshiba Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Toshiba Main Business and Markets Served
7.5.5 Toshiba Recent Developments/Updates
7.6 Stryten Energy
7.6.1 Stryten Energy Lithium-Ion Batteries for Rail Applications Company Information
7.6.2 Stryten Energy Lithium-Ion Batteries for Rail Applications Product Portfolio
7.6.3 Stryten Energy Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Stryten Energy Main Business and Markets Served
7.6.5 Stryten Energy Recent Developments/Updates
7.7 East Penn Manufacturing Company
7.7.1 East Penn Manufacturing Company Lithium-Ion Batteries for Rail Applications Company Information
7.7.2 East Penn Manufacturing Company Lithium-Ion Batteries for Rail Applications Product Portfolio
7.7.3 East Penn Manufacturing Company Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.7.4 East Penn Manufacturing Company Main Business and Markets Served
7.7.5 East Penn Manufacturing Company Recent Developments/Updates
7.8 GNB Industrial Power
7.8.1 GNB Industrial Power Lithium-Ion Batteries for Rail Applications Company Information
7.8.2 GNB Industrial Power Lithium-Ion Batteries for Rail Applications Product Portfolio
7.8.3 GNB Industrial Power Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.8.4 GNB Industrial Power Main Business and Markets Served
7.8.5 GNB Industrial Power Recent Developments/Updates
7.9 GS Yuasa
7.9.1 GS Yuasa Lithium-Ion Batteries for Rail Applications Company Information
7.9.2 GS Yuasa Lithium-Ion Batteries for Rail Applications Product Portfolio
7.9.3 GS Yuasa Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.9.4 GS Yuasa Main Business and Markets Served
7.9.5 GS Yuasa Recent Developments/Updates
7.10 Furukawa Battery
7.10.1 Furukawa Battery Lithium-Ion Batteries for Rail Applications Company Information
7.10.2 Furukawa Battery Lithium-Ion Batteries for Rail Applications Product Portfolio
7.10.3 Furukawa Battery Lithium-Ion Batteries for Rail Applications Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Furukawa Battery Main Business and Markets Served
7.10.5 Furukawa Battery Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Lithium-Ion Batteries for Rail Applications Industry Chain Analysis
8.2 Lithium-Ion Batteries for Rail Applications Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Lithium-Ion Batteries for Rail Applications Production Mode & Process Analysis
8.4 Lithium-Ion Batteries for Rail Applications Sales and Marketing
8.4.1 Lithium-Ion Batteries for Rail Applications Sales Channels
8.4.2 Lithium-Ion Batteries for Rail Applications Distributors
8.5 Lithium-Ion Batteries for Rail Applications Customer Analysis
9 Lithium-Ion Batteries for Rail Applications Market Dynamics
9.1 Lithium-Ion Batteries for Rail Applications Industry Trends
9.2 Lithium-Ion Batteries for Rail Applications Market Drivers
9.3 Lithium-Ion Batteries for Rail Applications Market Challenges
9.4 Lithium-Ion Batteries for Rail Applications Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Saft Groupe SAS
BAE Batteries Ltd
CATL
GAZ Gmbh
Toshiba
Stryten Energy
East Penn Manufacturing Company
GNB Industrial Power
GS Yuasa
Furukawa Battery
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*If Applicable.
