The global traction transformer market is expected to grow at a CAGR of 3.5% during the forecast period, from 2021 to 2030. The traction transformer market is driven by the increasing demand for electric locomotives and metros in emerging economies such as India and China. The increasing demand for electric locomotives and metros in emerging economies such as India and China is driving the growth of this market. In addition, the growing need for high-speed trains in countries such as Japan, France, Germany, Italy, Russia, Spain and Turkey will also drive this market during the forecast period.
- Increasing demand for electricity.
- Increasing demand for locomotives.
- Growing population and urbanization.
- Increase in the number of railway lines.
- Growth in freight traffic.
Industry Growth Insights published a new data on “Traction Transformer of Locomotive Market”. The research report is titled “Traction Transformer of Locomotive Market research by Types (Alternative Current (AC) systems, Direct Current (DC) systems), By Applications (Electric locomotives, Metros, High-speed trains, Others), By Players/Companies ABB, Alstom, SIEMENS, MITSUBISHI ELECTRIC, SETRANS HOLDING, JST-transformers, EMCO, CSR, CNR, Keda Electric Machinery, Hind Rectifiers Limited, International Electric, Schneider Electric, Wilson Transformer Company, General Electric”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Traction Transformer of Locomotive Market Research Report
By Type
Alternative Current (AC) systems, Direct Current (DC) systems
By Application
Electric locomotives, Metros, High-speed trains, Others
By Companies
ABB, Alstom, SIEMENS, MITSUBISHI ELECTRIC, SETRANS HOLDING, JST-transformers, EMCO, CSR, CNR, Keda Electric Machinery, Hind Rectifiers Limited, International Electric, Schneider Electric, Wilson Transformer Company, General Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Traction Transformer of Locomotive Market Report Segments:
The global Traction Transformer of Locomotive market is segmented on the basis of:
Types
Alternative Current (AC) systems, Direct Current (DC) systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electric locomotives, Metros, High-speed trains, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Alstom
- SIEMENS
- MITSUBISHI ELECTRIC
- SETRANS HOLDING
- JST-transformers
- EMCO
- CSR
- CNR
- Keda Electric Machinery
- Hind Rectifiers Limited
- International Electric
- Schneider Electric
- Wilson Transformer Company
- General Electric
Highlights of The Traction Transformer of Locomotive Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Alternative Current (AC) systems
- Direct Current (DC) systems
- By Application:
- Electric locomotives
- Metros
- High-speed trains
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Traction Transformer of Locomotive Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A traction transformer is a device that converts the direct current (DC) from the locomotive's electrical system into alternating current (AC) needed by the train.
Some of the key players operating in the traction transformer of locomotive market are ABB, Alstom, SIEMENS, MITSUBISHI ELECTRIC, SETRANS HOLDING, JST-transformers, EMCO, CSR, CNR, Keda Electric Machinery, Hind Rectifiers Limited, International Electric, Schneider Electric, Wilson Transformer Company, General Electric.
The traction transformer of locomotive market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Traction Transformer of Locomotive Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Traction Transformer of Locomotive Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Traction Transformer of Locomotive Market - Supply Chain
4.5. Global Traction Transformer of Locomotive Market Forecast
4.5.1. Traction Transformer of Locomotive Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Traction Transformer of Locomotive Market Size (000 Units) and Y-o-Y Growth
4.5.3. Traction Transformer of Locomotive Market Absolute $ Opportunity
5. Global Traction Transformer of Locomotive Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Traction Transformer of Locomotive Market Size and Volume Forecast by Type
5.3.1. Alternative Current (AC) systems
5.3.2. Direct Current (DC) systems
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Traction Transformer of Locomotive Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Traction Transformer of Locomotive Market Size and Volume Forecast by Application
6.3.1. Electric locomotives
6.3.2. Metros
6.3.3. High-speed trains
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Traction Transformer of Locomotive Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Traction Transformer of Locomotive Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Traction Transformer of Locomotive Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Traction Transformer of Locomotive Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Traction Transformer of Locomotive Demand Share Forecast, 2019-2026
9. North America Traction Transformer of Locomotive Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Traction Transformer of Locomotive Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Traction Transformer of Locomotive Market Size and Volume Forecast by Application
9.4.1. Electric locomotives
9.4.2. Metros
9.4.3. High-speed trains
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Traction Transformer of Locomotive Market Size and Volume Forecast by Type
9.7.1. Alternative Current (AC) systems
9.7.2. Direct Current (DC) systems
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Traction Transformer of Locomotive Demand Share Forecast, 2019-2026
10. Latin America Traction Transformer of Locomotive Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Traction Transformer of Locomotive Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Traction Transformer of Locomotive Market Size and Volume Forecast by Application
10.4.1. Electric locomotives
10.4.2. Metros
10.4.3. High-speed trains
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Traction Transformer of Locomotive Market Size and Volume Forecast by Type
10.7.1. Alternative Current (AC) systems
10.7.2. Direct Current (DC) systems
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Traction Transformer of Locomotive Demand Share Forecast, 2019-2026
11. Europe Traction Transformer of Locomotive Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Traction Transformer of Locomotive Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Traction Transformer of Locomotive Market Size and Volume Forecast by Application
11.4.1. Electric locomotives
11.4.2. Metros
11.4.3. High-speed trains
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Traction Transformer of Locomotive Market Size and Volume Forecast by Type
11.7.1. Alternative Current (AC) systems
11.7.2. Direct Current (DC) systems
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Traction Transformer of Locomotive Demand Share, 2019-2026
12. Asia Pacific Traction Transformer of Locomotive Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Traction Transformer of Locomotive Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Traction Transformer of Locomotive Market Size and Volume Forecast by Application
12.4.1. Electric locomotives
12.4.2. Metros
12.4.3. High-speed trains
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Traction Transformer of Locomotive Market Size and Volume Forecast by Type
12.7.1. Alternative Current (AC) systems
12.7.2. Direct Current (DC) systems
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Traction Transformer of Locomotive Demand Share, 2019-2026
13. Middle East & Africa Traction Transformer of Locomotive Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Traction Transformer of Locomotive Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Traction Transformer of Locomotive Market Size and Volume Forecast by Application
13.4.1. Electric locomotives
13.4.2. Metros
13.4.3. High-speed trains
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Traction Transformer of Locomotive Market Size and Volume Forecast by Type
13.7.1. Alternative Current (AC) systems
13.7.2. Direct Current (DC) systems
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Traction Transformer of Locomotive Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Traction Transformer of Locomotive Market: Market Share Analysis
14.2. Traction Transformer of Locomotive Distributors and Customers
14.3. Traction Transformer of Locomotive Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. ABB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alstom
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. SIEMENS
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. MITSUBISHI ELECTRIC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. SETRANS HOLDING
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. JST-transformers
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. EMCO
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. CSR
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. CNR
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Keda Electric Machinery
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Hind Rectifiers Limited
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. International Electric
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Schneider Electric
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Wilson Transformer Company
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. General Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook