Global Auxiliary Power Systems for Rolling Stock Market 2018-2022

NEW YORK, May 30, 2018 /PRNewswire/ — About Auxiliary Power Systems for Rolling Stock

Auxiliary power systems (APS)for rolling stocks provide power to systems essential to train operation apart for traction. The growth in facilities provided on-board is increasing continuously, thus giving rise to the need for auxiliary power systems.

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Technavio’s analysts forecast the global auxiliary power systems for rolling stock market to grow at a CAGR of 5.27% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global auxiliary power systems for rolling stock market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio’s report, Global Auxiliary Power Systems for Rolling Stock Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The 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.

Key vendors
• ABB
• GENERAL ELECTRIC
• Mitsubishi Electric
• SMA Railway Technology
• Toshiba
• TTM Rail – Transtech Melbourne

Market driver
• Growth in railway electrification
• For a full, detailed list, view our report

Market challenge
• Lack of private sector participation in developing economies
• For a full, detailed list, view our report

Market trend
• Emergence of Maglev trains
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Read the full report: https://www.reportlinker.com/p05402788

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