News

Home / News / Industry news / The Global Railway Air Conditioning Market

The Global Railway Air Conditioning Market

Railway air conditioning systems are used to provide passengers with comfort and convenience. The system includes an evaporator, a condenser, a compressor, a pre-cooling unit, an alternator, and a thermostat.The railway air conditioning market is expected to grow at a robust CAGR during the forecast period. This is due to the growing demand from the railway sector around the world.
With the growing demand, the railway air conditioning systems market is expected to generate an absolute $ opportunity of close to US$ 2.69 Bn during the forecast period, from 2022 to 2032.Insight Partner has published a comprehensive report on the global railway air conditioning system market. It provides detailed insights on the key trends, opportunities, and drivers. Besides, it offers quantitative and qualitative information on the industry.
During the forecast period, the market is projected to be segmented by type and component. Among the types, split HVAC systems are anticipated to account for a significant share of the market.By 2032, the global railway air conditioning system market is estimated to be worth over USD 5.3 Billion. Its growth is predicted to be 1.9X during the assessment period.
The market is further segmented into the regions. Among these regions, South Asia & Oceania is predicted to witness the fastest growth during the forecast period.

Contact Us

*We respect your confidentiality and all information are protected.