APS Market: Industry Analysis, Opportunity and Forecast to 2027


Posted October 1, 2021 by Vaibhavwa_mrfr21

AbsoluteMarketInsights Presents “APS Market Research Report –Global Forecast to 2027” New Document to its Studies Database

 
APS Market 2021

The global APS market accounted for US$ 1164.23 Mn in 2020, and is expected to grow at a CAGR of 5.3% during the forecast years (2021-2029).

The railways is among the most common and popular means of transportation in Asia Pacific. The transport segment encountered maximum growth in travel booking through online channels during 2017. The substantial increase in population along with growing urbanization in the Asia Pacific region have led to intensive investments from the regulatory authorities for the upgrade and expansion of existing rail infrastructure. Singapore Government, for instance, have announced the extension of their light rail and metro network to 360 km, which is more than double their current network, by 2030. In regards to the same, the Land Transport Authority (LTA) of the country aims to construct two new rail lines while simultaneously extending the existing three lines. In the first half of 2020, amidst the coronavirus pandemic, China invested about USD 46.3 Bn towards railway infrastructure. The country was able to successfully commence the operation of 1178km lines by July 2020, which comprised of 605km of high-speed rail infrastructure. Simultaneously, it has been reported that since 2020, the rail passenger traffic in India has increased by 200%. Major investments are also being diverted towards deployment of high-speed rail lines in the country by 2023. Hence, similar large-scale investments towards the development of railway infrastructure in the region is anticipated to supplement the growth of global APS market over the forecast period.

Access Full Report Details and Order this Premium Report @ https://www.absolutemarketsinsights.com/reports/APS-Market-2021---2029-837

Major Key Players:

The major players operating in the global APS market are ABB, Albiero Medha Power srl, APS Energia Group, Beijing Dinghan Technology Group Co., Ltd. (SMA Railway Technology GmbH), Bel Fuse Inc., Cegelec, Centum Adetel Transportation System, ENIKA Sp. z o.o., EVPÚ, a.s., Fuji Electric Europe GmbH, Hind Rectifiers Limited, Ingeteam Power Technology. S.A., Kiepe Electric GmbH (APS Kiepe), Knorr-Bremse Systeme für Schienenfahrzeuge GmbH, KONČAR - Electronics and Informatics Inc., MEDCOM Sp. z o.o., Mesar srl, Mitsubishi Electric Corporation, MSc, PowerTech Converter GmbH, Sepsa, Siemens Mobility GmbH, Toshiba Infrastructure Systems & Solutions Corporation, TOYO DENKI SEIZO K.K., TTM Rail – Transtech Melbourne Pty Ltd, Turbo Power Systems Limited, Wabtec Corporation and Zhuzhou CRRC Times Electric Co., Ltd. amongst others.

Key Findings of the Report:

Increasing urbanization, which is accelerating the need for public transportation, is amplifying the demand for APS in the global market.

The services pertaining to APS products including the repair and maintenance, along with operational services amongst others are anticipated to register highest growth rate over the forecast period.

Metro rail showcase significant growth opportunities for global APS market over the period of next eight years. More than 35 cities across the countries, globally operate large-scale automated metro systems, wherein the deployment of APS is fundamental.

Market Segmentation

By Offering

Products

Services

Repair & Maintenance Services

Operation Services

Others

By Type

750VDC

1500VDC

3000VDC

15000VAC

25kVAC

By Output Power (in kVA)

Below 50 kVA

50 kVA to 100 kVA

100 kVA to 150 kVA

150 kVA to 200 kVA

More than 200 kVA



By Cooling Type

Air Cooling

Natural Air Cooling

Forced Air Cooling

Liquid Cooling

By Mounting

Under Floor

Roof

Others



By Application

Light Rail Vehicles

High Speed Trains

Metros

Locomotives

Coaches

Others

By Sales Channel

Direct

Indirect

By Region:

North America

U.S.

Canada

Mexico

Rest of North America

Europe

France

The UK

Spain

Germany

Italy

Nordic Countries

Denmark

Finland

Iceland

Sweden

Norway

Benelux Union

Belgium

The Netherlands

Luxembourg

Rest of Europe



Contact us:

Shreyas Tanna

Phone: +91-740-024-2424

Absolute Markets Insights

Email: [email protected]
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By AMI
Country India
Categories Business
Tags aps market
Last Updated October 1, 2021