The Train HVAC Global Market Report 2023, provides comprehensive information on the train hvac market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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The global train HVAC market size is expected to grow from $13.15 billion in 2022 to $13.78 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many every markets across the globe. The global train HVAC market size is expected to reach $16.31 billion in 2027 at a CAGR of 4.3%.
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Strategic partnerships are a key trend gaining popularity in the train HVAC market. Major companies operating in the train HVAC market are collaborating for the development of the market. For instance, in July 2021, Honeywell, a US-based company operating in the HVAC market partnered with Trane Technologies, an Ireland-based company operating in train HVAC to accelerate the transition to a next-generation, environmentally preferable refrigerant by field testing Honeywell’s Solstice® N41 (R-466A), N41 (R-466A), the first non-flammable-substitute-for-R-410A in the industry. As part of a one-year field trial, Trane would install and test Solstice N41 at three customer locations across the US. Furthermore, in March 2021, Liebherr, a Switzerland-based company operating in train HVAC, signed an agreement with Chengdu Xinzhu Road & Bridge Machinery Co. Ltd., a China-based to offer its recently built maglev urban transportation air conditioning systems.
The train hvac market is segmented:
1) By Train Type: Passenger, Freight
2) By Systems: Vapor Cycle Systems, Air Cycle Systems
3) By Components: Air Dampers, Blower, Compressor, Condenser, Inverter, Evaporator, Other Components
4) By Refrigerants: Conventional Refrigerants , Natural Refrigerant (Carbon Dioxide (CO2)
Asia-Pacific was the largest region in the train hvac market in 2022.
The table of contents in TBRC’s train hvac market report includes:
1. Executive Summary
2. Train HVAC Market Characteristics
3. Train HVAC Market Trends And Strategies
4. Train HVAC Market – Macro Economic Scenario
5. Train HVAC Market Size And Growth
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26. Africa Train HVAC Market
27. Train HVAC Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Train HVAC Market
29. Train HVAC Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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