Train Battery Market worth $703.2 million by 2025
The report "Train Battery Market by Type & Technology (Lead Acid-Gel Tubular, VRLA, Conventional; Ni-Cd-Sinter, Fiber, Pocket, and Li-Ion), Advanced Train (Autonomous, Hybrid, and Battery Operated), Rolling Stock Type, Application, and Region - Global Forecast to 2025", The train battery market is primarily driven by the increasing population which has led to the demand for rail transport and railway electrification across the globe. The train battery market is projected to grow at a CAGR of 5.15% from 2018 to 2025. From a market size of USD 445.4 million in 2017, it is projected to reach USD 703.2 million by 2025.
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