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Train Battery Market Size Expected to Attain USD 448.0 Million by 2034 with 4.6% CAGR| Exclusive Report by Transparency Market Research Inc.

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The global train battery market is growing due to increased monorail adoption and significant government investments in railway modernization.

WILMINGTON, Del., July 12, 2024 /PRNewswire/ — The global train battery market stood at US$ 269.3 million in 2023, and the global market is projected to reach US$ 448 million in 2034. The train battery market is anticipated to expand at a CAGR of 4.6% between 2024 and 2034.

The global train battery market is experiencing significant growth driven by several key factors. One of the primary drivers is the increasing adoption of monorails, which are seen as a cost-effective and efficient solution for urban transportation.

Monorails, being lighter and requiring less infrastructure compared to traditional rail systems, are gaining popularity in cities around the world. This adoption necessitates reliable and efficient battery systems, thereby fueling the demand for train batteries.

Another crucial factor contributing to market growth is the surge in government investments aimed at modernizing railway infrastructure. Governments across various regions are recognizing the importance of upgrading their rail networks to enhance efficiency, reduce carbon emissions, and provide better services to passengers. These modernization efforts often include the integration of advanced battery technologies to power trains more sustainably and efficiently.

Technological advancements in train battery technology are also playing a pivotal role in market expansion. Companies are investing heavily in research and development to introduce innovative battery systems that offer improved performance, longer life cycles, and greater energy efficiency.

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The focus is on developing batteries that can support the growing demand for cleaner and more sustainable railway operations. This includes the creation of lithium-ion and solid-state batteries, which are known for their high energy density and environmental benefits.

The shift towards greener transportation solutions is further propelling the market. Train battery systems are seen as a critical component in reducing carbon emissions and mitigating the impact of transportation on climate change. By replacing traditional diesel engines with battery-powered alternatives, the railway sector can significantly cut down its carbon footprint.

The global train battery market is on a robust growth trajectory, driven by the increasing adoption of monorails, substantial government investments in railway modernization, and continuous technological advancements. These factors are collectively steering the market towards a more sustainable and efficient future in railway transportation.

Train Battery Market Report Scope:

Report Coverage

Details 

Forecast Period  

2024-2034

Base Year  

2020-2022

Size in 2023

US$ 269.3 Mn

Forecast (Value) in 2034

US$ 448.0 Mn

Growth Rate (CAGR) 

4.6 %

No. of Pages 

145 Pages 

Segments covered 

By Battery Type, By Application, By Voltage Type, By Component, By End-user

Key Takeaways of Market Report

Global train battery market to generate absolute dollar opportunity worth US$ 448 million until 2034.Global train battery market is valued at US$ 269.3 million in 2023.Asia Pacific is forecasted to hold the largest share in 2023.

Train Battery Market: Growth Drivers 

The global demand for safer and more efficient transportation is rising due to the integration of advanced technologies like autonomous trains for public transit. These trains not only enhance safety and efficiency but also meet the need for sustainable urban mobility, creating new opportunities in the train battery market.Recognized for their efficiency and reliability in long-distance passenger and freight transport, railways are seeing significant government investments aimed at modernization and upgrades. This investment growth is focused on enhancing network infrastructure to improve overall efficiency and reliability in the railway sector.

Train Battery Market: Regional Landscape

In 2023, Asia Pacific held a significant share of the global train battery market due to the growing popularity of metro travel, increased investments in electrification projects, and government incentives promoting electric train adoption.The region’s market expansion is further driven by heightened awareness of environmental issues, such as air pollution and climate change, encouraging the shift towards more sustainable transportation solutions.

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Train Battery Market: Key Players

ABB Ltd.GS Yuasa International Ltd.Hitachi Chemical co., ltd.HOPPECKE Batterien GmbH & Co. KG.Exide TechnologiesEast Penn Manufacturing CompanyC&D Technologies, Inc.TOSHIBA CORPORATIONChina Aviation Lithium Battery Co. Ltd.Leclanché SAEXIDE INDUSTRIES LIMITEDAmara Raja GroupVictron Energy B.V.

Train Battery Market: Key Players Development

In 2023, ABB introduced a new generation of high-capacity lithium-ion batteries designed specifically for rail applications. These batteries offer enhanced energy density, improved safety features, and longer life cycles, supporting the transition to more sustainable and efficient rail systems.In 2023, Hitachi Chemical developed an innovative solid-state battery technology for trains. This technology provides higher energy efficiency and greater thermal stability compared to traditional batteries, significantly reducing the risk of overheating and improving overall train performance and safety.

Train Battery Market: Segmentation

Battery Type

Lead-acid BatteriesConventional Lead-acid BatteriesValve Regulated Lead-acid BatteriesGel Tubular Lead-acid BatteriesNickel-cadmium BatteriesSinter/PNE Ni-Cd BatteriesPocket Plate Ni-Cd BatteriesFiber/PNE Ni-Cd BatteriesLithium-ion BatteriesLithium Iron PhosphateLithium Titanate OxideOthers

Application

Starter BatteriesAuxiliary Batteries

Voltage Type

Below 72V72V – 110V111V – 200VAbove 200V

Component

Battery CellsBattery ModulesBattery Management Systems (BMS)Thermal Management SystemsOthers (Connectors, Housing, etc.)

End User

LocomotiveElectric Multiple Units (EMU)Diesel Multiple Units (DMU)High-speed TrainsMetro Trains

Region

North AmericaEuropeAsia PacificMiddle East & AfricaLatin America

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Explore TMR’s related ongoing Coverage in Automotive Domain:

Automotive Roof System Market – The global market for automotive roof system was estimated to be worth a market valuation around US$ 29.3 billion in 2021. The market is anticipated to register a 5.1% CAGR from 2022 to 2031 and by 2031, the market is likely to reach US$ 48.3 billion.Automotive Bumper Market – The worldwide automotive bumper market is estimated to increase at a CAGR of 3.5% from 2023 to 2031 and reach US$ 16.6 Billion by the end of 2031.Traffic Equipment Market – The global traffic equipment market is estimated to grow at a CAGR of 5.6% from 2024 to 2034 and reach US$ 14.0 Billion by the end of 2034.Automotive Sensor Fusion Market – The global automotive sensor fusion market is estimated to advance at a CAGR of 23.7% from 2024 to 2034 and reach US$ 4.0 Billion by the end of 2034.

About Transparency Market Research

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insights for thousands of decision makers. Our experienced team of Analysts, Researchers, and Consultants use proprietary data sources and various tools & techniques to gather and analyses information.

Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.

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Vettisure Launches to Redefine Healthcare Compliance Intelligence with Cleaner Data, Flexible Access Models, and a Patient-First Mission

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SPANISH FORK, Utah, June 19, 2026 /PRNewswire-PRWeb/ — Vettisure today announced its official launch, introducing a modern approach to healthcare compliance intelligence built to meet the evolving needs of healthcare organizations, credentialing entities, consumer reporting agencies (CRAs), and healthcare technology platforms.

Founded by industry veterans with decades of experience in healthcare credentialing and compliance, Vettisure was created to address growing frustration with legacy providers that often deliver noisy data, inflexible pricing, and outdated technology.

“Throughout my career, one thought kept resurfacing: there’s got to be another way,” said Questin Francis, Founder and Chief Executive Officer of Vettisure. “Healthcare organizations need more than access to data. They need intelligence they can trust. They need cleaner results, greater transparency, and partners who understand the importance of protecting patients and maintaining compliance. That’s why we built Vettisure.”

Vettisure provides comprehensive healthcare compliance intelligence designed to support safer staffing decisions and stronger compliance programs. The company’s solutions include federal and state exclusion screening, board actions and sanctions, abuse registries, and other critical datasets healthcare organizations rely upon to mitigate risk and maintain regulatory compliance.

Unlike traditional providers that simply aggregate and distribute data, Vettisure focuses on transforming primary-source information into actionable intelligence. The company leverages advanced technologies and expert validation processes to reduce false positives, improve usability, and provide clients with the context needed to make informed decisions.

Key capabilities include:

Comprehensive federal and state exclusion screeningExtensive board action and disciplinary data coverageAccess to underlying board documentation and source records, where availableAI-generated summaries and contextual insights that simplify complex findingsFlexible API, batch, and data lease delivery modelsData-only and fully verified service optionsOne-time searches and continuous monitoring capabilitiesEnterprise-grade security controls designed to meet SOC 2 Type II requirements

Vettisure’s flexible commercial approach also differentiates the company from traditional providers. In addition to transaction-based services, Vettisure offers subscription and data lease models that provide organizations with predictable costs and the ability to integrate compliance intelligence more deeply into their operational workflows.

“We believe better data leads to better decisions—and better decisions protect patients,” Francis added. “Every credentialing decision represents a moment of trust. By delivering clean, auditable, and actionable intelligence, we’re helping organizations strengthen compliance programs, reduce administrative burden, and focus on what matters most: delivering safe, high-quality care.”

Healthcare organizations face increasing pressure from regulators, accreditation bodies, and patients to demonstrate robust compliance practices and maintain effective oversight of their workforces. Vettisure was built to help organizations meet those expectations through modern technology, responsive partnership, and a relentless focus on data quality.

To learn more about Vettisure, request a sample report, or schedule a conversation, visit Vettisure.com.

About Vettisure

Vettisure is a healthcare compliance intelligence company providing primary-sourced, auditable, and actionable data to healthcare organizations, credentialing entities, consumer reporting agencies, and healthcare technology platforms. Through comprehensive exclusion screening, board action intelligence, continuous monitoring, and flexible delivery models, Vettisure empowers organizations to make confident decisions, reduce risk, maintain compliance, and protect patients.

For media inquiries, please contact:

Nick Fishman

IQubed Advisors

847 707 8775

Media Contact

Nick Fishman, IQubed Advisors, 1 847 707 8775, nfishman@iqubedadvisors.com

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Rapta Establishes Florida Regional Headquarters in Orlando to Support Mission-Critical Manufacturing

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New Orlando location strengthens Rapta’s ability to serve aerospace, defense, space, and advanced manufacturing customers across a critical U.S. innovation corridor.

ORLANDO, Fla., June 19, 2026 /PRNewswire/ — Rapta®, a point-of-build Manufacturing Intelligence company that transforms expert-dependent manual work into repeatable, measurable, source-of-build evidence and governed outcomes at scale, today announced the establishment of its Florida Regional Headquarters in Orlando. The new location expands Rapta’s ability to support aerospace, defense, space, and advanced manufacturing customers across Florida and the broader Eastern United States as manufacturers work to accelerate production ramp-rates, expand capacity, and strengthen workforce performance.

Rapta closes the execution gap between engineering intent and manufacturing outcomes by digitizing and standardizing the human decisions that determine quality, readiness, compliance, and production performance. The platform continuously guides workers through assembly and inspection processes; verifies configuration, sequence, torque, and quality requirements; detects defects at the source of build; captures trusted evidence for qualification and audit requirements; and standardizes expert workforce performance through real-time operational guidance.

“Manufacturers today face increasing pressure to expand capacity, accelerate ramp-rates, onboard new workers faster, and maintain quality as products become more complex,” said Aaron Brown, CEO of Rapta. “The organizations that succeed generate no defects, pass no defects and standardize expert performance, preserve critical operational knowledge, and scale readiness without sacrificing quality or operational control.”

By instrumenting execution directly at the point of work, Rapta helps manufacturers connect engineering intent to qualified production while generating trusted evidence for quality, certification, audit, and operational readiness. Manufacturers gain real-time visibility, reduced variability, stronger traceability, and faster operational decision-making. The platform can be deployed in days—not months—within existing production environments, enabling customers to improve execution without disrupting existing factory systems and workflows.

Orlando provides direct access to Florida’s aerospace, defense, space, and advanced manufacturing ecosystem, including major defense contractors, engineering talent, universities, and government partners.

From its Orlando headquarters, Rapta will continue supporting customers across aerospace, defense, space, and electronics manufacturing sectors while deepening collaboration with industry, government, university, and workforce development partners throughout Florida.

“Our mission is to reduce the barriers to trusted, scalable manufacturing,” Brown added. “The Orlando expansion strengthens our ability to help customers build workforce capability, improve production readiness, and scale manufacturing operations with confidence.”

About Rapta

Rapta helps aerospace, defense, space, electronics, advanced manufacturing, and sustainment organizations improve production readiness, quality, traceability, and workforce performance. Its Manufacturing Intelligence Platform delivers real-time guidance, verification, and operational decision support where work happens, helping manufacturers accelerate ramp-rates, expand capacity, standardize expert workforce performance, and generate trusted evidence for qualification, certification, and audit requirements. Rapta deploys on-premises within the customer’s existing network, keeping production data on the customer’s infrastructure.

Mission: Systematically reduce the barriers to trusted, scalable manufacturing.

Small Business | CAGE 9DL78

For more information, visit www.rapta.ai  or contact media@rapta.ai

Rapta® is a registered trademark of Rapta, Inc.

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Info-Tech LIVE 2026 Draws Thousands of CIOs to Las Vegas to Tackle AI Execution and Enterprise Value

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Info-Tech LIVE 2026 brought together thousands of CIOs and senior IT leaders at the Bellagio Hotel and Casino from June 9 to 11 to explore how agentic AI is reshaping enterprise technology, cybersecurity, data, operating models, and IT leadership. Across keynotes and analyst-led sessions, the event reinforced a central message for technology executives navigating the current landscape: AI value within organizations depends on disciplined execution, strong governance, reliable data foundations, and the ability to scale the right work.

LAS VEGAS, June 19, 2026 /PRNewswire/ – Info-Tech Research Group has wrapped Info-Tech LIVE 2026 in Las Vegas, where thousands of CIOs, CISOs, CTOs, and senior IT leaders gathered at the Bellagio from June 9 to 11 to explore how organizations can move from AI ambition to measurable enterprise value. Centered on the theme Agentic IT: From Hype to Value, the three-day conference featured industry keynotes, hands-on workshops for IT leaders, a record number of software exhibitors, exclusive roundtables, breakouts, lightning rounds, and peer-led sessions focused on the leadership, governance, security, and operational disciplines required to scale agentic AI responsibly.

As organizations move beyond AI experimentation and begin embedding agentic capabilities into workflows, the global research and advisory firm set an agenda that prepared IT leaders to practically navigate new expectations about value realization, accountability, and execution. Throughout Info-Tech LIVE 2026, data-backed insights from analysts, speakers, and industry experts emphasized that the next phase of enterprise AI will not be defined by adoption alone, but by how effectively CIOs redesign operating models, strengthen data and security foundations, and decide which AI initiatives deserve investment.

Research from Info-Tech shared during the opening keynote reinforced the urgency of moving from AI enthusiasm to disciplined execution. Findings presented from the firm’s AI Adoption in the Enterprise Survey revealed that 91% of IT executives are bullish on AI and 96% expect AI budgets to increase over the next 12 months. However, only 42% of organizations report cross-departmental AI adoption with measurable impact, and only 50% have a board-approved dedicated AI strategy. The findings underscore a central theme from LIVE 2026: AI value depends on clear ownership, deliberate investment choices, governance, data readiness, and measurable execution.

“Our 2026 edition of Info-Tech LIVE in Las Vegas made clear that CIOs are no longer trying to prove whether AI matters; they’re now being asked to prove where it creates measurable value,” says Chief Research Officer at Info-Tech Research Group, Gord Harrison. “Agentic IT requires a different operating discipline that connects value creation and control through stronger strategy, governance, data readiness, security, and measurement. As shared across keynotes, panels, analyst one-on-ones, and privately amongst peers at various networking events throughout the week, the leaders who succeed will be the ones who know which AI bets to make, which to stop, and how to scale the work that delivers real outcomes.”

Key Sessions from Info-Tech LIVE 2026 in Las Vegas

Across the event, Info-Tech analysts and featured speakers outlined how technology leaders can prepare their organizations for more autonomous systems while maintaining control, resilience, and business alignment.

The 200+ sessions reflected the broader message carried through Info-Tech LIVE 2026 in Las Vegas: organizations are entering an era in which AI buy-in is no longer the central challenge, with execution becoming the differentiator. From agentic enterprise design and cybersecurity engineering to data-driven decision-making and CIO leadership, Info-Tech’s largest event to date highlighted the need for IT leaders to select the right workflows, strengthen governance, define ownership, and scale AI only where it can create measurable value.

The following is a summary of several of the major themes explored at Info-Tech LIVE 2026 in Las Vegas:

Agentic IT: From Hype to Value
Opening the conference, Info-Tech Research Group CEO Tom Zehren challenged CIOs and senior IT leaders to move beyond AI hype and focus on the operating discipline required to convert AI demand into measurable enterprise value. The keynote introduced Info-Tech’s Agentic IT Framework, built around four priorities: owning the AI mandate, picking the right AI bets, enforcing AI discipline, and proving and scaling AI value. Zehren’s session also highlighted new Info-Tech survey findings showing that while IT executives are broadly bullish on AI, organizations still need stronger strategy, governance, data readiness, and execution models to realize impact.Reinventing Cybersecurity in the AI Era
Technical Counselor Erik Avakian explored how AI is forcing cybersecurity leaders to rethink a discipline that was built for human-scale operations. His session framed threat detection and response, vulnerability management, and compliance management as engineering challenges rather than just security problems, as AI increases both the speed of attacks and the complexity of defenses. Avakian highlighted the need for security leaders to audit data and workflows, define guardrails before deploying agents, and prepare teams for new roles such as CyberAI agent supervisors and agent engineers.Designed for Autonomy: Inside the Agentic Enterprise
On the mainstage, Carlene McCubbin, AVP of Agentic AI Implementation, explored what it takes to build an organization that runs on AI, not just one that uses it. The session articulated the shift from AI adoption to transformation, moving from assisted and augmented work to agentic workflows, orchestrated systems, and enterprise-wide compounding value. To achieve this shift, McCubbin explained that leaders must start with the right workflows, architect agents for governed execution, and ensure production-ready systems have clear ownership, bounded permissions, defined incident paths, and observable trace logs before scaling.Agents 2.0: Architect for Autonomy
Martin Bufi, Principal Research Director, shared with attendees implementation evidence from a year of agentic AI development, including 13 prototypes, 63 agents built, and 123 tools created across 13 workflows and five domains. His keynote emphasized that autonomy without architecture creates risk, and that successful agentic systems must be mapped, engineered, and governed before they can scale. Bufi walked through practical lessons from the work, including the need to standardize workflows before automation, design agents around specific jobs rather than broad generalist tasks, build tool integrations deliberately, and ensure every agent can be measured, stopped, and improved.Become an Exponential CIO
The keynote from Geoff Nielson, SVP of Brand, Reach & Influence, examined how the CIO mandate is evolving as technology becomes more central to enterprise performance. Nielson highlighted for the nearly 4,000 IT leaders in attendance the gap between where C-suite leaders expect CIOs to operate and where many IT departments are today, with many still constrained by firefighting, immature processes, resource scarcity, stakeholder pressure, and under-leveraged data. The eight drivers of IT success were also shared, including stakeholder satisfaction, strong core IT processes, leadership development, mission-critical project delivery, right-sized risk, vendor effectiveness, evidence-based decisions, and business transformation.Tech Trends 2027
Executive Counselor Rob Meikle previewed the technology forces expected to shape IT decision-making in 2027 and beyond. The early look at the tech trends the firm is currently tracking urged leaders to move beyond instinct, hype, and headlines when placing technology bets, especially as agentic AI reshapes the technology stack, talent models, vendor markets, enterprise operations, and infrastructure decisions. For the Las Vegas gathering, Meikle outlined four major trend themes, including the shift in the IT stack to support agentic AI, the redrawing of talent and vendor strategies, the convergence of physical and digital operations, and the growing influence of geopolitical pressures on technology investment.Securing Agentic AI and the New Security Reality
The presentation from Research Director Pearl Almeida focused on the controls organizations must prioritize before scaling agentic AI. During Almeida’s talk, she emphasized that traditional security controls were built for predictable systems, while agentic AI introduces dynamic reasoning, shifting permissions, nondeterministic decisions, and autonomous loops. Almeida presented a layered approach to securing agents, including API security, MCP gateway enforcement, identity governance, logging, baselining, and monitoring, while framing autonomy boundaries as the new security perimeter for AI-enabled systems.

Through its research-driven agenda, Info-Tech LIVE 2026 in Las Vegas provided CIOs and senior IT leaders with practical insights into how agentic AI can be governed, secured, and scaled to deliver measurable business outcomes. The conference underscored that the path from hype to value requires more than technology adoption, including operating discipline, enterprise design, workforce readiness, and leadership capable of translating AI potential into organizational results.

Photos, press releases, and related assets are available on the LIVE Media Kit page. Keynote presentations from the event are also accessible through the Info-Tech LIVE Hub, offering additional access to the research, frameworks, and insights shared during the conference.

Follow Info-Tech Research Group on LinkedIn and X for updates.

Media Passes for Upcoming Events: Applications Open for Info-Tech LIVE 2026 in Barcelona and Toronto 

Media professionals, including journalists, bloggers, podcasters, and influencers, are invited to attend Info-Tech LIVE 2026 in Barcelona, September 22-23, 2026, or Info-Tech LIVE 2026 in Toronto, November 10-12, 2026, to gain exclusive access to research, content, and interviews with industry leaders for their audiences.

Media professionals looking to apply for media passes can contact pr@infotech.com to secure their spot for a front-row seat to exclusive insights and launches that only happen at Info-Tech LIVE events. 

Exhibitor Opportunities  

Exhibitors are also invited to be part of Info-Tech LIVE and showcase their products and services to a highly engaged audience of IT decision-makers. For more information about becoming an Info-Tech LIVE exhibitor, please contact events@infotech.com.  

About Info-Tech Research Group 

Info-Tech Research Group is the “get things done” partner for over 30,000 IT, HR, and marketing leaders worldwide. The fastest growing research and advisory firm, Info-Tech enables leaders to make well-informed decisions and transform their organizations through AI, strategic foresight, step-by-step methodologies, practical tools, industry-leading advisory, and training programs. For nearly 30 years, tens of thousands of private and public organizations have trusted Info-Tech to lead their most important initiatives through periods of change and deliver outcomes that truly matter. 

To learn more about Info-Tech’s HR research and advisory services, visit McLean & Company, and for data-driven software buying insights and vendor evaluations, visit the firm’s SoftwareReviews platform. 

Media professionals can register for unrestricted access to research across IT, HR, and software and hundreds of industry analysts through the firm’s Media Insiders program. To gain access, contact pr@infotech.com

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