Modern rolling stock braking systems, such as electro-pneumatic train brakes, provide better performance than conventional pneumatic brakes. Train safety systems include electro-pneumatic brakes, which are essential parts. Consequently, the demand for electro-pneumatic brakes is anticipated to experience significant rise in the upcoming years with the increase in train production and maintenance activities.
By 2032, the market for electro-pneumatic train brakes, which is currently valued at US$ 9,050 million, is expected to be worth US$ 14,600 million, growing at a CAGR of 4.9 percent from 2022 to 2032.
The performance of contemporary rolling stock braking systems, including electro-pneumatic train brakes, is superior to that of traditional pneumatic brakes. Electro-pneumatic railway brakes are a crucial component of train safety systems.
The railroad is a popular, efficient, and trustworthy mode of mass transit for both people and goods. Train brakes have developed to consistently and safely stop the train as a result of technological innovation, increased train speed, and increasing train load. The operational lag of conventional pneumatic braking systems is intended to be eliminated by electro-pneumatic train brakes. To manage traditional air brakes more quickly, more reliably, with optimal air pressure regulation, and with shorter stopping distances, they use electronic controls.
Market Participants:
- Knorr Brake Company
- Wabtec Corporation
- DAKO-CZ A.S.
- Mitsubishi Heavy Industries Ltd.
- JSC MTZ TRANSMASH
- Nabtesco Corporation
- Akebono Brake Industry Co. Ltd.
- Escorts Limited
- Parker Hannifin Corporation
- Voith Gmbh & Co. KGaA
- Schaltbau GmbH