Train Battery Market is segmented By Type (Lithium Ion Battery, Lead Acid Battery, Nickel Cadmium Ba...
Market Size in USD Mn
CAGR8.5%
Study Period | 2025-2032 |
Base Year of Estimation | 2024 |
CAGR | 8.5% |
Market Concentration | Medium |
Major Players | AEG Power Solutions, Amara Raja Group, East Penn Manufacturing Company, ENERSYS, EXIDE INDUSTRIES LTD. and Among Others |
The train battery market is estimated to be valued at USD 321.6 Mn in 2025 and is expected to reach USD 569.3 Mn by 2032, growing at a compound annual growth rate (CAGR) of 8.5% from 2025 to 2032. The train battery market is witnessing positive trends owing to growing emphasis on development of energy efficient transport solutions.