Traction Transformer Market Research Report 2023: Information by Mounting Position (Underframe, Machine Room, & Roof), Overhead Line Voltage Rolling Stock (Electric Locomotives, High-Speed Trains)

“\”Traction Transformer Market Research Report- Forecast to 2023\””
Traction transformer is an important component which is designed to transform power from the locomotives overhead power which is delivered to the electric motors. As a result, motors turn the wheels of the locomotive. These transformers are generally available in the range of up to 7500 kVA, 25 kV class and are designed according to railway system and said parameters.

Market Research Future published a half-cooked research report on Global Traction Transformer Market. The Traction Transformer Market is expected to expand at ~ 5.00% CAGR during the period 2018 to 2023.

Market Highlights

Traction transformer is an electrical device that transforms energy from one circuit to another. It feeds power to the traction motor. It acts as an integral part of traction system in rolling stock such as locomotives, high speed trains, and metro trains, among others. The traction transformer system is divided into two categories such as AC traction transformer and DC traction transformer.

Based on rolling stock, the market is segmented as electric locomotives, high speed trains, and metros. Electric locomotive segment is estimated to dominate the market during the forecast period due to the rising population, growing demand for rail transportation, and increasing preference for moving goods by rail over road transport. Considering the mounting position, the market is segmented into underframe, machine room, and roof. Underframe mounting segment is expected to lead the Traction Transformer Market in 2018 due to the increased space for passenger capacity and improved comfort level of passenger. 

The Global Traction Transformer Market is expected to grow at ~ 5.00% CAGR during the forecast period.

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Market Research Analysis

Asia Pacific is estimated to be the fastest growing market for traction transformer

Region wise, Asia Pacific held the largest market share of the Global Traction Transformer Market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising population leading to increased connectivity across the region. Moreover, the increasing investment in high-speed rail network, development of new lines, and expansion of existing rail networks are driving the demand for traction transformers in this region.

Scope of the Report

This report provides an in-depth analysis of the Global Traction Transformer Market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Traction Transformer Market by its mounting position, overhead line voltage, rolling stock, and region.

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By Mounting Position

Underframe

Machine room

Roof

By Overhead Line Voltage

AC

12 kV

15 kV

20 kV

25 kV

DC

75 kV

5 kV

3 kV

By Rolling Stock

Electric Locomotives

High Speed Trains

Metros

By Regions

North America

Asia-Pacific

Europe

Middle East & Africa

South America

Key Players

The key players of the global traction transformer market are Wilson Transformer Company (Australia), International Electric Co., Ltd. (South Korea), EMCO Limited (India), Mitsubishi Electric Corporation (Japan), Alstom SA (France), ABB Ltd (Switzerland), JST Transformateurs (France), Siemens AG (Germany), Sunten Electric (China), and Setrans Holding AS (France), among others.

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TABLE OF CONTENTS

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. MARKET DEFINITION

2.2. SCOPE OF THE STUDY

2.3. MARKET STRUCTURE

3. RESEARCH METHODOLOGY

3.1. PRIMARY RESEARCH

3.2. SECONDARY RESEARCH

3.3. MARKET SIZE ESTIMATION

3.4. FORECAST MODEL

3.5. LIST OF ASSUMPTIONS

4. MARKET DYNAMICS

4.1. DRIVERS

4.1.1. SHIFT TOWARDS LOW CARBON RAIL TRANSPORT

4.1.2. SIGNIFICANT GOVERNMENT FUNDING FOR RAIL INFRASTRUCTURE DEVELOPMENT

4.1.3. LIBERALIZATION OF RAIL TRANSPORT NETWORK

4.1.4. GROWING DEMAND FOR ENERGY-EFFICIENT TRANSFORMER

4.2. RESTRAINTS

4.2.1. DOMINANCE OF DIESEL-POWERED RAIL ENGINES IN CERTAIN COUNTRIES

4.3. OPPORTUNITIES

4.3.1. ELECTRIFICATION OF RAIL NETWORKS

4.3.2. GROWING FOCUS ON ELECTRIC VEHICLES

4.4. PORTER’S FIVE FORCES ANALYSIS

4.4.1. THREAT OF NEW ENTRANTS

4.4.2. BARGAINING POWER OF BUYERS

4.4.3. BARGAINING POWER OF SUPPLIERS

4.4.4. THREAT OF SUBSTITUTES

4.4.5. INTENSITY OF RIVALRY

4.5. VALUE CHAIN/SUPPLY CHAIN ANALYSIS

5. GLOBAL TRACTION TRANSFORMER MARKET, BY MOUNTING POSITION

5.1. INTRODUCTION

5.2. UNDERFRAME

5.2.1. MARKET ESTIMATES & FORECAST, 2018–2023

5.2.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023

5.3. MACHINE ROOM

5.3.1. MARKET ESTIMATES & FORECAST, 2018–2023

5.3.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023

5.4. ROOF

5.4.1. MARKET ESTIMATES & FORECAST, 2018–2023

5.4.2. MARKET ESTIMATES & FORECAST BY REGION, 2018–2023

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