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The battery-powered train propulsion has a powertrain that consists of different motors and batteries. These batteries can be charged either by overhead wires or at charging stations. The battery-powered trains are efficient as they have the advantage of lower installation and operating costs than conventional diesel trains. These trains are also noiseless in operation and do not have exhaust, which fulfills the need for emission-free railway operations

Global Hybrid Train Market Report 2022: Increasing Demand for Efficient and Less Carbon Emitting Trains to Drive Growth - ResearchAndMarkets.com

The "Hybrid Train Market by Propulsion Type (Electro Diesel, Battery Operated, Hydrogen, CNG, LNG, and Solar), Application (Passenger and Freight), Operating Speed (>100 km/h, 100-200 km/h, <200 km/h), Battery Technology and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering

By AP News
Published - Sep 12, 2022, 12:18 PM ET
Last Updated - Jun 11, 2024, 04:41 AM EDT

DUBLIN--(BUSINESS WIRE)--Sep 12, 2022--

The "Hybrid Train Market by Propulsion Type (Electro Diesel, Battery Operated, Hydrogen, CNG, LNG, and Solar), Application (Passenger and Freight), Operating Speed (>100 km/h, 100-200 km/h, <200 km/h), Battery Technology and Region - Global Forecast to 2030" report has been added to ResearchAndMarkets.com's offering.

The global hybrid train market size is projected to reach 745 units by 2030, from an estimated 470 units in 2022, at a CAGR of 5.9%.

The battery powered segment is expected to be the second-fastest propulsion segment in the forecast.

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