PUBLISHER: The Business Research Company | PRODUCT CODE: 1704231
PUBLISHER: The Business Research Company | PRODUCT CODE: 1704231
Electro-pneumatic train brakes (EP brakes) combine electrical and pneumatic components to control and apply brakes, enhancing efficiency and responsiveness compared to traditional pneumatic systems.
The primary types of EP train brakes include self-lapping brakes, variable load control, retardation controllers, and p-wire control. Self-lapping brakes adjust braking force automatically based on train speed and weight, ensuring smooth, efficient braking across various train types such as passenger, metro, high-speed, and freight trains, as well as in applications such as railways and subways.
The electro-pneumatic train brakes market research report is one of a series of new reports from The Business Research Company that provides electro-pneumatic train brakes market statistics, including electro-pneumatic train industry global market size, regional shares, competitors with electro-pneumatic train brakes market share, detailed electro-pneumatic train brakes market segments, market trends, and opportunities, and any further data you may need to thrive in the electro-pneumatic train brakes industry. This electro-pneumatic train brakes market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The electro pneumatic train brakes market size has grown strongly in recent years. It will grow from $9.56 billion in 2024 to $10.08 billion in 2025 at a compound annual growth rate (CAGR) of 5.4%. The growth in the historic period can be attributed to urbanization and population growth, demand for effective braking for high-speed trains, increasing focus on passenger safety, increasing train production and repair activities, and expansion of urban rail transit projects.
The electro pneumatic train brakes market size is expected to see strong growth in the next few years. It will grow to $12.25 billion in 2029 at a compound annual growth rate (CAGR) of 5.0%. The growth in the forecast period can be attributed to growing need for modernizing rail transportation, increasing incidents of train accidents, growing trade and transport needs, increase in the passenger density, and increasing investments in rail infrastructure. Major trends in the forecast period include advanced braking technologies, increasing demand for high speed trains necessitates cutting edge braking technology, technological innovations in rail systems, innovative features, such as regenerative braking and predictive maintenance, and integration with modern control technologies.
The electro-pneumatic train brakes market is expected to see growth due to the rising number of train accidents. These accidents, characterized by unplanned events causing damage, injury, or loss of life, stem from various factors such as infrastructure defects, human errors, signaling failures, and increased traffic. Electro-pneumatic train brakes facilitate efficient and rapid braking control, reducing risks in accidents by enabling quick responses and precise adjustments. For example, in March 2024, the European Commission reported a 15.9% increase in significant railway accidents in the EU in 2022, resulting in 808 fatalities and 593 serious injuries. Thus, the growth of the electro-pneumatic train brakes market is driven by the escalating frequency of train accidents.
Leading companies in the electro-pneumatic train brakes market are heavily investing in brake systems to enhance safety, improve braking efficiency, and meet stringent regulatory standards. These investments aim to develop advanced, reliable systems that enhance train safety and performance. For instance, Wabtec, a US-based brake technology firm, secured a $157 million contract in January 2024 from Siemens, a German automation company, to supply brake systems for 1,200 electric locomotives commissioned by Indian Railways. This long-term partnership includes supplying brake systems from Wabtec's Hosur plant over 11 years and providing maintenance services for 35 years, focusing on enhancing operational efficiency and safety with cutting-edge technology.
In April 2024, Knorr-Bremse AG, a German manufacturing company, acquired Alstom's rail signaling technology business for $675.41 million. This strategic acquisition expands Knorr-Bremse's portfolio by incorporating Alstom's expertise in train control systems and signaling solutions. Alstom SA, based in France, specializes in rail control, command, and signaling (CCS) technology solutions, further strengthening Knorr-Bremse's market position.
Major companies operating in the electro pneumatic train brakes market are Mitsubishi Heavy Industries Ltd., Parker Hannifin Corporation, Wabtec Corporation, Voith GmbH & Co. KGaA, Akebono Brake Industry Co. Ltd., Nabtesco Corporation, Escorts Limited, Schaltbau GmbH, New York Air Brake Corporation, JSC MTZ TRANSMASH, Knorr Brake Company LLC, DAKO-CZ A.S., Yujin Machinery Ltd., Pintsch Bamag GmbH, Uflow Automation, KES GmbH & Co. KG, Faiveley Transport Witten gmbh, Microelettrica Scientifica Ltd., Nanjing Kangni Mechanical & Electrical Co. Ltd., Hitachi Rail
Asia Pacific was the largest region in the electro pneumatic train brakes market in 2024. The regions covered in the electro pneumatic train brakes market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The countries covered in the electro pneumatic train brakes market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The electro pneumatic train brakes market consists of sales of electro-pneumatic direct brake system, electronically controlled pneumatic brake system, hybrid EP systems, and EP assist systems. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Electro Pneumatic Train Brakes Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on electro pneumatic train brakes market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for electro pneumatic train brakes ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electro pneumatic train brakes market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.