Research – Global Battery Market for Railways 2016-2020 is the new research report now available at RnRMarketResearch.com. Global Battery Market for Railways 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. This report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The analysts forecast global battery market for railways to grow at a CAGR of 3.8% during the period 2016-2020.
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Railway batteries are generally used for rolling stock or stationary applications. Rolling stock batteries are used for starting locomotives, lightings, and on-board auxiliary systems used in engines and coaches; whereas, stationary batteries are used as emergency backup power for railroad crossings, signal towers, and signaling systems.
This report covers the present scenario and the growth prospects of the global battery market for railways for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the major vendors in the market.
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