Global Railway Power
Supply System Market: Overview
Global railway power system market is going
through momentous changes, which is compelling market to grow at a healthy
rate. Increasing demand for modern railway infrastructure is a critical driver
for the industry. A third rail system is used to provide electric power to a
railway or train, over a semi-continuous rigid conductor positioned alongside
or amid the rails of a railway track. The system is used in a mass transit or
rapid transit system. An overhead line aimed at the standard of one or more
overhead wires (or rails, tunnels) located over rail tracks, elevated to a high
electrical potential by joining to feeder stations at regular intervals. The
feeder stations typically fed from a high-voltage electrical grid.
Rising preference for public transportation,
as there is a limitation of transport infrastructure in developing as well as
developed economies have fueled the development for existing and new rail
lines. Growing population, along with increasing traffic in urban areas have
boosted the demand for ecofriendly transit options, simultaneously rising need
for power supply systems from the railway industry. Supportive government
policies regarding the railway industry are offering manufacturers to add more
products to the portfolio.
Technological innovations have given pace to
the industry as it helps to meet the requirements. Rapid growth of railway
lines is accelerating the demand of power supply system. Developing railway
infrastructure and emerging technology is helping to reduce the traffic and
meet the public requirements.
Supportive government regulations
Rail transport has always evaluated as an
environment-friendly transportation system which solves energy resources
shortage, environmental pollution, and chronic traffic congestion problems
across developing countries. To reduce the consumption of fuel and dependence
on petroleum, many governments have made policies regarding the power supply
systems which are in favor of industry. To provide the secured transportation
government is focusing on to introduce more efficient supply systems.
High Capital Cost
Electrification includes a complete new
groundwork to be constructed around the existing tracks at a substantial cost.
Costs are particularly high when, bridges, tunnels, and other obstructions
transformed for authorization.
Global Rail Power
Supply System Market: Type analysis
Based on type, the railway power supply system
market segmented into Third Rail System, Fourth Rail System, Overhead Line
(Catenary) and others. The overhead line has exposed the highest market growth
over the forecast period as compared to other segments. On account of the
increasing demand for capacity and improve efficiency network with rapid
transit service. With additional features such as more capacity, no risk of
breaking off and easy to operate are the drivers that are offering rapid growth
to the catenary segment.
Global rail power
supply system market: application insights
Based on application, the market bifurcated
into Ordinary Train, Bullet Train, Metro, and Others. Ordinary rail segment has
dominated the market during the forecast period owing to the capacity and broad
network connectivity. Growing infrastructure and low-cost maintenance are
favoring the industry to propagate rapidly. Bullet train segment is also
showing rapid growth due to electrification systems which provide higher speed
and haulage capacity. It will also help to reduce fuel bills.
Global Rail Power
Supply System Market: Region analysis
Geologically, the global railway power supply
system market analyzed across North America, Europe, Asia Pacific, Middle East
& Africa, and Latin America. Europe region captures the high demand over
the forecast period. Increasing concerns regarding the environment, to reduce
greenhouse emissions, better air quality leads to the acquisition of the highest
growth rate. This is followed by Asia-pacific regions due to supporting
government policies, increase in fuel bills, and modernization of
Objective of the
• To analyze and forecast market size of the
global railway power supply system market in terms of value.
• To examine the careful market segmentation and
forecast the market size, in terms value, on the basis of the region by
segmenting railway power supply system market into five regions, namely, North
America, Europe, Asia Pacific, Middle East, and their leading countries.
• To outline, categorized and forecast the global
market on the basis of the type and Application.
• To examine competitive developments like
technological advancement, services, and regulative framework within the global
railway power supply system market.
• To highlight the impact analysis of the factors,
affecting the market dynamics such as drivers, restraints, opportunities, and
• To strategically profile the key players and
comprehensively analyze their market shares
along with detailing the competitive landscape for market leaders.
Global railway supply systems market Competitive
TranzCom, Camlin Rail, PCS
Power Converter Solutions, Power Control Systems SRL, Eaton Corporation PLC, ABB group, TGOOD global Ltd, Schneider Electric, Hitachi, Toshiba,
Pandrol are the key players in the industry.
Scope of the Report
Third Rail System,
Fourth Rail System,
Overhead Line (Catenary)
In addition, the report provides analysis of the Global rail
power supply system market with respect to the following geographic segments:
Asia Pacific (APAC)
Questions answer by the report
How will the market drivers, restraints and
opportunities affect the market dynamics?
What will be the market size in terms of
value and volume and market statistics with detailed classification
Which segment dominates the market or
region and one will be the fastest growing and why?
A comprehensive survey of the competitive
landscape and the market participant players
Analysis of strategy adopted by the key
player and their impact on other players.
Customization Scope for the
satisfaction is our first and last priority and that’s why BlueWeave Consulting
offers customization according to Company’s specific needs. The following
customization options are available for the report:
With five additional company detail
Additional country analysis
Detailed segment analysis