Global Train Electro-Mechanical Brake Market Growth 2023-2029

Global Train Electro-Mechanical Brake Market Growth 2023-2029

A Train Electro-Mechanical Brake refers to magnetic track brake (Mg brake), is a brake for rail vehicles.

It consists of brake magnets, pole shoes, a suspension, a power transmission and, in the case of mainline railroads, a track rod. When current flows through the magnet coil, the magnet is attracted to the rail, which presses the pole shoes against the rail, thereby decelerating the vehicle.

LPI (LP Information)' newest research report, the “Train Electro-Mechanical Brake Industry Forecast” looks at past sales and reviews total world Train Electro-Mechanical Brake sales in 2022, providing a comprehensive analysis by region and market sector of projected Train Electro-Mechanical Brake sales for 2023 through 2029. With Train Electro-Mechanical Brake sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Train Electro-Mechanical Brake industry.

This Insight Report provides a comprehensive analysis of the global Train Electro-Mechanical Brake landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Train Electro-Mechanical Brake portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Train Electro-Mechanical Brake market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Train Electro-Mechanical Brake and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Train Electro-Mechanical Brake.

The global Train Electro-Mechanical Brake market size is projected to grow from US$ 47 million in 2022 to US$ 63 million in 2029; it is expected to grow at a CAGR of 63 from 2023 to 2029.

Global key manufacturers of Train Electro-Mechanical Brake include Knorr-Bremse Group, Wabtec, DAKO-CZ, etc. Global top three manufacturers hold a share about 80%. Europe is the largest market of Train Electro-Mechanical Brake, holds a share over 35%. In terms of product, the Rigid Electro-Mechanical Brake holds a larger segment, with a share over 85%. And in terms of application, the largest application is Tram and Metro, with a share of over 90%.

This report presents a comprehensive overview, market shares, and growth opportunities of Train Electro-Mechanical Brake market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Rigid Electro-Mechanical Brake
Articulated Electro-Mechanical Brake

Segmentation by application
Tram and Metro
Rail Train

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
DAKO-CZ
Knorr-Bremse Group
HANNING & KAHL
Wabtec
Schwarzer-Bremse

Key Questions Addressed in this Report

What is the 10-year outlook for the global Train Electro-Mechanical Brake market?

What factors are driving Train Electro-Mechanical Brake market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Train Electro-Mechanical Brake market opportunities vary by end market size?

How does Train Electro-Mechanical Brake break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.