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Efficient and Sustainable Railway Propulsion Systems: Advancements, Challenges, and Future Directions

04-06-2023 10:39 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Efficient and Sustainable Railway Propulsion Systems:

Railway propulsion system are a set of interconnected components that are used to drive locomotives, carriages, and wagons. Propulsion system includes diesel or electric locomotives along with an alternator to convert mechanical energy to electric energy and a traction motor is used to transfer electric energy to wheel of rolling stock using axle and driving gear units resulting in linear motion. Furthermore, technological advancement has led to development of superior semiconductor devices such as insulated gate bipolar transistor (IGBT) and thyristors, reliable AC induction motors, and electrification of locomotives & railroad. Thus, incorporation of traction motors has lowered emission, reduced manufacturing & maintenance cost, and improved the performance of locomotives.

๐†๐ž๐ญ ๐ฌ๐š๐ฆ๐ฉ๐ฅ๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ ๐Ÿ๐จ๐ซ ๐ฆ๐จ๐ซ๐ž ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ - https://www.alliedmarketresearch.com/request-toc-and-sample/12652

๐“๐จ๐ฉ ๐ˆ๐ฆ๐ฉ๐š๐œ๐ญ๐ข๐ง๐  ๐…๐š๐œ๐ญ๐จ๐ซ๐ฌ

Rise in government spending on railway projects, cost-effectiveness of rail freight, and rise in technological advancement in railway propulsion system is expected to drive growth of the market.

However, stringent emission norms for locomotives, high maintenance cost, and rise in price of fuel can hamper the growth of the market.

Moreover, emergence of maglev trains, rise in e-commerce logistics & transportation, and rise in demand for alternative fuel in locomotives act as an opportunity for growth of the market.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ

Technological advancement has a significant impact on the propulsion systems of maglev trains. It has resulted in emergence of various technologies that will increase the speed of travelling with improved safety and comfort. Maglev trains also known as magnetic levitation train that uses two sets of magnets one set to repel and push the train up off the track and another set to move the elevated train ahead.

For instance, in 2021 China has developed a prototype of super bullet maglev train that travels at a maximum speed of 630 kilometres per hour. Moreover, Japan is also constructing a new high speed railway line between Tokyo and Nagoya for maglev train. In 2020 India's BHEL partnered with Swiss Rapide AG to bring maglev trains to India. All these new developments in railways system act as opportunity for growth of railway propulsion system market.

๐…๐จ๐ซ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ - https://www.alliedmarketresearch.com/purchase-enquiry/12652

๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

ABB,

ALSTOM,

Bombardier,

CRRC,

General Electric,

Hitachi,

Hyundai Rotem,

Siemens,

Mitsubishi Heavy Industries,

Toshiba

๐Š๐ž๐ฒ ๐๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ

This study presents the analytical depiction of the railway propulsion system market along with the current trends and future estimations to determine the imminent investment pockets.

The report presents information related to key drivers, restraints, and opportunities along with challenges of the railway propulsion system market.

The current market is quantitatively analyzed from 2020 to 2030 to highlight the railway propulsion system market growth scenario.

The report provides detailed railway propulsion system market analysis based on competitive intensity and how the competition will take shape in coming years.

๐’๐ข๐ฆ๐ข๐ฅ๐š๐ซ ๐‘๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ

Light Rail Market

https://www.alliedmarketresearch.com/light-rail-market-A08503

Floating Photovoltaics (FPV) Market

https://www.alliedmarketresearch.com/floating-photovoltaics-fpv-market-A53704

Railway Overhead Conductors Market

https://www.alliedmarketresearch.com/railway-overhead-conductors-market-A14095

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About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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