The global electro-pneumatic train brakes market is expected to be valued at US$ 9,050 Million in 2022, reaching US$ 14,600 Million by 2032, growing at a CAGR of 4.9% from 2022 to 2032.
Electro-pneumatic train brakes are modern rolling stock braking systems that outperform traditional pneumatic brakes in terms of performance. Electro-pneumatic train brakes are essential components of train safety systems.
| Report Attribute | Details |
|---|---|
| Expected Market Value (2022) | US$ 9,050 Million |
| Anticipated Forecast Value (2032) | US$ 14,600 Million |
| Projected Growth Rate (2022 to 2032) | 4.9% CAGR |
As a result of increased train production and repair activities, demand for electro-pneumatic brakes is expected to grow significantly in the coming years.
The railway is an efficient, dependable, and popular mode of mass transportation for both passengers and freight. Train brakes have evolved to reliably and safely stop the train as technology has advanced and train speed and load have increased.
The operational lag of traditional pneumatic braking systems is overcome by electro-pneumatic train brakes. They use electronic controls to control traditional air brakes more quickly, increasing effectiveness, and reliability, optimizing air pressure control, and reducing stopping distance.
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Railways are an essential component of public transportation systems and are expected to play an important role in the coming years, owing to increasing passenger density and regional globalization. Governments around the world are investing heavily in the development of railway infrastructure, which is propelling the electro-pneumatic train brakes market forward.
As technology advances, high-speed trains gain traction, necessitating the use of dependable high-speed and load braking systems. Furthermore, in order to meet the growing demand for transportation, governments around the world are investing in strengthening their railway networks, which is expected to boost the growth of the electro-pneumatic train brakes market.
The growing inclination toward safety and security, as well as the stringent rules and regulations implemented by authorities and governments in developed and developing countries to ensure the safety of passengers and freight, is a major driver for the growth of the electro-pneumatic train brakes market.
Railway transportation, demand for low-cost transportation, and government investment in railway infrastructure for intelligent braking systems may stymie growth.
Also, the complicated design of the braking system, as well as the high demand for intelligent braking systems in trains, are acting as market restraints for electro-pneumatic train brakes during the forecasted period, while a lack of performance will challenge the market's growth.
Principal Consultant
With booming industrialization, rapid urbanization, and population growth, Asia Pacific is experiencing a need for a proper transportation network, which is expected to fuel the growth of the electro-pneumatic train brakes market during the forecast period. Also, Asia-Pacific leads the electro-pneumatic train brakes market due to a higher rate of adoption of train transportation for communication, as well as an increasing population and demand for cost-effective and safe modes of transportation, particularly for long-distance destinations in this region.
The market for electro-pneumatic train brakes in emerging nations such as China and India is expected to grow significantly over the projected period due to rising government expenditures on the country's public transportation and high-speed rail networks.
Europe is expected to account for a sizable portion of the global electro-pneumatic train brakes market. The region's market is expected to be driven by an increase in the demand for repair and refurbishment. Rail freight transport in Europe was estimated to be nearly 400 billion ton-kilometers in 2019. This aspect of increasing freight transport and rail passengers is boosting the railway sector's growth and motivating governments around the world to invest heavily in rail projects.
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Trains are carriage-based cars on rails that are not powered to ensure safe passenger and goods mobility. They can be pulled by one or more locomotives or self-propelled; self-propelled passenger trains are known as multiple units or railcars. Passenger trains to shuttle passengers between stations or depots where they can board and disembark. As a result, the passenger train segment will significantly drive market demand over the forecast period.
The global electro-pneumatic train brakes market participants are focusing on improving the robustness and reliability of their electro-pneumatic braking systems.
Knorr Brake Company, Wabtec Corporation, DAKO-CZ A.S., and Mitsubishi Heavy Industries, Ltd. are some of the market participants operating in the global electro-pneumatic train brakes market.
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 4.9% from 2022 to 2032 |
| Market Value in 2022 | US$ 9,050 Million |
| Market Value in 2032 | US$ 14,600 Million |
| Base Year for Estimation | 2021 |
| Historical Data | 2017 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in US$ Million and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered |
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| Regions Covered |
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| Key Countries Profiled |
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| Key Companies Profiled |
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| Customization | Available Upon Request |
FMI projects the global Electro-pneumatic train brakes market to expand at a 4.9% value CAGR by 2032.
Asia Pacific is expected to be the most opportunistic Electro-pneumatic train brakes market.
Knorr Brake Company, Wabtec Corporation, DAKO-CZ A.S., and Mitsubishi Heavy Industries, Ltd. are some prominent Electro-pneumatic train brakes manufacturers.
1. Executive Summary | Electro-Pneumatic Train Brakes Market
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and Their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyers
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2017 to 2021
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2022 to 2032
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Brake Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Brake Type, 2017 to 2021
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Brake Type, 2022 to 2032
5.3.1. Self-lapping Brakes
5.3.2. Retardation Controllers
5.3.3. Variable Load Control
5.3.4. P-wire Control
5.4. Y-o-Y Growth Trend Analysis By Brake Type, 2017 to 2021
5.5. Absolute $ Opportunity Analysis By Brake Type, 2022 to 2032
6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Train Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Train Type, 2017 to 2021
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Train Type, 2022 to 2032
6.3.1. Passenger Trains
6.3.2. Freight Trains
6.3.3. Metro Trains
6.3.4. High-Speed Trains
6.3.5. Other Train Types
6.4. Y-o-Y Growth Trend Analysis By Train Type, 2017 to 2021
6.5. Absolute $ Opportunity Analysis By Train Type, 2022 to 2032
7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2017 to 2021
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2022 to 2032
7.3.1. North America
7.3.2. Latin America
7.3.3. Europe
7.3.4. East Asia
7.3.5. South Asia & Pacific
7.3.6. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Brake Type
8.2.3. By Train Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Brake Type
8.3.3. By Train Type
8.4. Key Takeaways
9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
9.2.1. By Country
9.2.1.1. Mexico
9.2.1.2. Brazil
9.2.1.3. Rest of Latin America
9.2.2. By Brake Type
9.2.3. By Train Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Brake Type
9.3.3. By Train Type
9.4. Key Takeaways
10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. Italy
10.2.1.3. France
10.2.1.4. United Kingdom
10.2.1.5. Spain
10.2.1.6. BENELUX
10.2.1.7. Russia
10.2.1.8. Rest of Europe
10.2.2. By Brake Type
10.2.3. By Train Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Brake Type
10.3.3. By Train Type
10.4. Key Takeaways
11. East Asia Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
11.2.1. By Country
11.2.1.1. China
11.2.1.2. Japan
11.2.1.3. South Korea
11.2.2. By Brake Type
11.2.3. By Train Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Brake Type
11.3.3. By Train Type
11.4. Key Takeaways
12. South Asia & Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
12.2.1. By Country
12.2.1.1. India
12.2.1.2. ASEAN
12.2.1.3. Australia and New Zealand
12.2.1.4. Rest of South Asia & Pacific
12.2.2. By Brake Type
12.2.3. By Train Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Brake Type
12.3.3. By Train Type
12.4. Key Takeaways
13. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2017 to 2021
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2022 to 2032
13.2.1. By Country
13.2.1.1. GCC Countries
13.2.1.2. Turkey
13.2.1.3. South Africa
13.2.1.4. Rest of Middle East and Africa
13.2.2. By Brake Type
13.2.3. By Train Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Brake Type
13.3.3. By Train Type
13.4. Key Takeaways
14. Key Countries Market Analysis
14.1. USA
14.1.1. Pricing Analysis
14.1.2. Market Share Analysis, 2021
14.1.2.1. By Brake Type
14.1.2.2. By Train Type
14.2. Canada
14.2.1. Pricing Analysis
14.2.2. Market Share Analysis, 2021
14.2.2.1. By Brake Type
14.2.2.2. By Train Type
14.3. Mexico
14.3.1. Pricing Analysis
14.3.2. Market Share Analysis, 2021
14.3.2.1. By Brake Type
14.3.2.2. By Train Type
14.4. Brazil
14.4.1. Pricing Analysis
14.4.2. Market Share Analysis, 2021
14.4.2.1. By Brake Type
14.4.2.2. By Train Type
14.5. Germany
14.5.1. Pricing Analysis
14.5.2. Market Share Analysis, 2021
14.5.2.1. By Brake Type
14.5.2.2. By Train Type
14.6. Italy
14.6.1. Pricing Analysis
14.6.2. Market Share Analysis, 2021
14.6.2.1. By Brake Type
14.6.2.2. By Train Type
14.7. France
14.7.1. Pricing Analysis
14.7.2. Market Share Analysis, 2021
14.7.2.1. By Brake Type
14.7.2.2. By Train Type
14.8. United Kingdom
14.8.1. Pricing Analysis
14.8.2. Market Share Analysis, 2021
14.8.2.1. By Brake Type
14.8.2.2. By Train Type
14.9. Spain
14.9.1. Pricing Analysis
14.9.2. Market Share Analysis, 2021
14.9.2.1. By Brake Type
14.9.2.2. By Train Type
14.10. BENELUX
14.10.1. Pricing Analysis
14.10.2. Market Share Analysis, 2021
14.10.2.1. By Brake Type
14.10.2.2. By Train Type
14.11. Russia
14.11.1. Pricing Analysis
14.11.2. Market Share Analysis, 2021
14.11.2.1. By Brake Type
14.11.2.2. By Train Type
14.12. China
14.12.1. Pricing Analysis
14.12.2. Market Share Analysis, 2021
14.12.2.1. By Brake Type
14.12.2.2. By Train Type
14.13. Japan
14.13.1. Pricing Analysis
14.13.2. Market Share Analysis, 2021
14.13.2.1. By Brake Type
14.13.2.2. By Train Type
14.14. South Korea
14.14.1. Pricing Analysis
14.14.2. Market Share Analysis, 2021
14.14.2.1. By Brake Type
14.14.2.2. By Train Type
14.15. India
14.15.1. Pricing Analysis
14.15.2. Market Share Analysis, 2021
14.15.2.1. By Brake Type
14.15.2.2. By Train Type
14.16. ASIAN
14.16.1. Pricing Analysis
14.16.2. Market Share Analysis, 2021
14.16.2.1. By Brake Type
14.16.2.2. By Train Type
14.17. Australia and New Zealand
14.17.1. Pricing Analysis
14.17.2. Market Share Analysis, 2021
14.17.2.1. By Brake Type
14.17.2.2. By Train Type
14.18. GCC Countries
14.18.1. Pricing Analysis
14.18.2. Market Share Analysis, 2021
14.18.2.1. By Brake Type
14.18.2.2. By Train Type
14.19. Turkey
14.19.1. Pricing Analysis
14.19.2. Market Share Analysis, 2021
14.19.2.1. By Brake Type
14.19.2.2. By Train Type
14.20. South Africa
14.20.1. Pricing Analysis
14.20.2. Market Share Analysis, 2021
14.20.2.1. By Brake Type
14.20.2.2. By Train Type
15. Market Structure Analysis
15.1. Competition Dashboard
15.2. Competition Benchmarking
15.3. Market Share Analysis of Top Players
15.3.1. By Regional
15.3.2. By Brake Type
15.3.3. By Train Type
16. Competition Analysis
16.1. Competition Deep Dive
16.1.1. Knorr Brake Company
16.1.1.1. Overview
16.1.1.2. Product Portfolio
16.1.1.3. Profitability by Market Segments
16.1.1.4. Sales Footprint
16.1.1.5. Strategy Overview
16.1.1.5.1. Marketing Strategy
16.1.1.5.2. Product Strategy
16.1.1.5.3. Channel Strategy
16.1.2. Wabtec Corporation
16.1.2.1. Overview
16.1.2.2. Product Portfolio
16.1.2.3. Profitability by Market Segments
16.1.2.4. Sales Footprint
16.1.2.5. Strategy Overview
16.1.2.5.1. Marketing Strategy
16.1.2.5.2. Product Strategy
16.1.2.5.3. Channel Strategy
16.1.3. DAKO-CZ A.S.
16.1.3.1. Overview
16.1.3.2. Product Portfolio
16.1.3.3. Profitability by Market Segments
16.1.3.4. Sales Footprint
16.1.3.5. Strategy Overview
16.1.3.5.1. Marketing Strategy
16.1.3.5.2. Product Strategy
16.1.3.5.3. Channel Strategy
16.1.4. Mitsubishi Heavy Industries, Ltd.
16.1.4.1. Overview
16.1.4.2. Product Portfolio
16.1.4.3. Profitability by Market Segments
16.1.4.4. Sales Footprint
16.1.4.5. Strategy Overview
16.1.4.5.1. Marketing Strategy
16.1.4.5.2. Product Strategy
16.1.4.5.3. Channel Strategy
16.1.5. JSC MTZ TRANSMASH
16.1.5.1. Overview
16.1.5.2. Product Portfolio
16.1.5.3. Profitability by Market Segments
16.1.5.4. Sales Footprint
16.1.5.5. Strategy Overview
16.1.5.5.1. Marketing Strategy
16.1.5.5.2. Product Strategy
16.1.5.5.3. Channel Strategy
16.1.6. Nabtesco Corporation
16.1.6.1. Overview
16.1.6.2. Product Portfolio
16.1.6.3. Profitability by Market Segments
16.1.6.4. Sales Footprint
16.1.6.5. Strategy Overview
16.1.6.5.1. Marketing Strategy
16.1.6.5.2. Product Strategy
16.1.6.5.3. Channel Strategy
16.1.7. Akebono Brake Industry Co., Ltd.
16.1.7.1. Overview
16.1.7.2. Product Portfolio
16.1.7.3. Profitability by Market Segments
16.1.7.4. Sales Footprint
16.1.7.5. Strategy Overview
16.1.7.5.1. Marketing Strategy
16.1.7.5.2. Product Strategy
16.1.7.5.3. Channel Strategy
16.1.8. Escorts Limited
16.1.8.1. Overview
16.1.8.2. Product Portfolio
16.1.8.3. Profitability by Market Segments
16.1.8.4. Sales Footprint
16.1.8.5. Strategy Overview
16.1.8.5.1. Marketing Strategy
16.1.8.5.2. Product Strategy
16.1.8.5.3. Channel Strategy
16.1.9. Parker Hannifin Corporation
16.1.9.1. Overview
16.1.9.2. Product Portfolio
16.1.9.3. Profitability by Market Segments
16.1.9.4. Sales Footprint
16.1.9.5. Strategy Overview
16.1.9.5.1. Marketing Strategy
16.1.9.5.2. Product Strategy
16.1.9.5.3. Channel Strategy
16.1.10. Voith GmbH & Co. KGaA
16.1.10.1. Overview
16.1.10.2. Product Portfolio
16.1.10.3. Profitability by Market Segments
16.1.10.4. Sales Footprint
16.1.10.5. Strategy Overview
16.1.10.5.1. Marketing Strategy
16.1.10.5.2. Product Strategy
16.1.10.5.3. Channel Strategy
16.1.11. Schaltbau GmbH
16.1.11.1. Overview
16.1.11.2. Product Portfolio
16.1.11.3. Profitability by Market Segments
16.1.11.4. Sales Footprint
16.1.11.5. Strategy Overview
16.1.11.5.1. Marketing Strategy
16.1.11.5.2. Product Strategy
16.1.11.5.3. Channel Strategy
17. Assumptions & Acronyms Used
18. Research Methodology
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Electro-Pneumatic Train Brakes Market
