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Rail Electrification is the process of providing electric power to railway locomotives and multiple units, allowing them to operate without the need for an on-board prime mover. This process is used to reduce the cost of operation, improve the performance of the railway, and reduce the environmental impact of the railway. It is also used to increase the capacity of the railway, as electric trains can accelerate and decelerate faster than diesel-powered trains. Rail Electrification is a complex process, involving the installation of overhead lines, power substations, and other infrastructure. It also requires the installation of electric traction motors and other components on the locomotives and multiple units. The Rail Electrification market is an important part of the Rail industry, as it allows for the efficient and cost-effective operation of the railway. It is also a key factor in the development of new railway lines, as it allows for the operation of electric trains on existing lines. Some of the major companies in the Rail Electrification market include Siemens, Alstom, Bombardier, Hitachi, and ABB. Show Less Read more