Electro-Pneumatic Train Brakes Market: Introduction
Electro-pneumatic train brakes are modern rolling stock braking systems that offer improved performance as compared to traditional pneumatic brakes. Electro-pneumatic train brakes are a part of train safety systems and are thus critical components. Hence, with the increase in train production and repair activities, the demand for electro-pneumatic brakes is expected to witness significant growth in the coming years.
Railway is an effective, reliable and preferred means of mass transportation for passengers and freight. With technical advancement and increasing train speed and load, train brakes have also evolved to reliably and safely stop the train. Electro-pneumatic train brakes are designed to overcome the operational lag of the traditional pneumatic braking systems. They use electronic controls for the faster control of traditional air brakes to increase effectiveness, enhance reliability, optimize air pressure control and reduce stopping distance.
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Electro-Pneumatic Train Brakes Market: Market Dynamics
Railways are an integral part of public transportation systems and are expected to play a crucial role in the years to come, owing to the increasing passenger density and globalization across regions. Governments around the globe are significantly investing towards the development of railway infrastructure, which has been driving the growth of the electro-pneumatic train brakes market. Furthermore, with technical advancement, high speed trains are gaining traction and such trains require reliable and high speed and load braking systems. Moreover, to meet the growing demand for transportation, authorities across various countries are investing on strengthening their railway networks, which is expected to augment the growth of the electro-pneumatic train brakes market. Further, with the increasing inclination towards safety and security along with the stringent rules & regulations implemented by authorities and governments of developed and developing countries regarding the safety of passengers and freight is a prominent driver for the growth of the electro-pneumatic train brakes market.
Electro-Pneumatic Train Brakes Market: Market Participants
Examples of some of the market participants operating in the global electro-pneumatic train brakes market include Knorr Brake Company, Wabtec Corporation, DAKO-CZ A.S. and Mitsubishi Heavy Industries, Ltd.
The global electro-pneumatic train brakes market is segmented on the basis of brake type and train type.
On the basis of brake type, the global electro-pneumatic train brakes market can be segmented as:
- Self-lapping brakes
- Retardation controllers
- Variable load control
- P-wire control
On the basis of train type, the global electro-pneumatic train brakes market can be segmented as:
- Passenger trains
- Freight trains
- Metro trains
- High speed trains
- Others
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Report Highlights:
- Detailed overview of parent market
- Changing Electro Pneumatic Train Brakes market dynamics in the industry
- In-depth Electro Pneumatic Train Brakes market segmentation
- Historical, current, and projected market size in terms of volume and value of Electro Pneumatic Train Brakes
- Recent industry trends and developments in Electro Pneumatic Train Brakes market
- Competitive landscape of Electro Pneumatic Train Brakes Market
- Strategies of key players and products offered in Electro Pneumatic Train Brakes
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on Electro Pneumatic Train Brakes market performance
- Must-have information for Electro Pneumatic Train Brakes market players to sustain and enhance their market footprint
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