Market Share of Train Battery Industry
The train battery market is partially fragmented, and some of the major players in the market are Toshiba Corporation, Hitachi, GS Yuasa Corporation, BorgWarner Akasol AG, and Others. The companies are expanding their presence by acquiring other market participants and forming strategic alliances with other players in the market.
Companies are maintaining longer-term alliances with the key rolling stock manufacturer to maintain the seamless supply of the train battery, both started and auxiliary units.
Train Battery Market Leaders
Hitachi Rail Limited
BorgWarner Akasol AG
Shuangdeng Group Co, Ltd.
Toshiba Corporation
Exide Batteries
*Disclaimer: Major Players sorted in no particular order
