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Global Traction Transformer market 2015-2019

Global Traction Transformer market 2015-2019

About Traction Transformer

A traction transformer is a major equipment in the electric traction system of trains, which is powered by electricity. It forms the most integral part of the electric traction system and helps in the smooth movement of motors such as locomotives, high-speed trains, and trams. Traction transformer is used to bring down the voltage from the overhead electric line, i.e., 15/25 kV to the desired voltage level, i.e., 0.7/1.5 kV for the traction converters in electric trains. For over a century now, these transformers have been used in railway traction. It is considered to be the best alternative to the conventional fossil-fuel*based traction systems.

Technavio's analysts forecast the global traction transformers market to grow at a CAGR of 7.62% over the period 2015-2019.

Covered in this Report

This report covers the present scenario and the growth prospects of the global traction transformers market during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of traction transformers.

Technavio's report, the Global Traction Transformers Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key Vendors

  • ABB
  • Alstom
  • GE
  • Mitsubishi Electric
  • Siemens
Other Prominent Vendor
  • CSR
  • Emco
  • Hitachi Plant Technologies
  • Hyundai Rotem
  • JST Transformateurs
  • Mitsubishi Electric
  • Schneider Electric
  • Setrans Holding
  • Skoda Holding
Market Driver
  • High-speed Rail Network in Developing Countries
  • For a full, detailed list, view our report
Market Challenge
  • Growing Threat from Local Vendors
  • For a full, detailed list, view our report
Market Trend
  • Technological Advancements
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Traction Transformers Market 2015-2019

Technavio recognizes the following companies as the key players in the global traction transformers market: ABB, Alstom, GE, Mitsubishi Electric and Siemens

Other Prominent Vendors in the market are: CSR, Emco, Hitachi Plant Technologies, Hyundai Rotem, JST Transformateurs, Mitsubishi Electric, Schneider Electric, Setrans Holding and Skoda Holding

Commenting on the report, an analyst from Technavio’s team said: “Vendors are in the process of manufacture more efficient traction transformers to differentiate their products from competitors. For instance, ABB, a major player in the global traction transformer market, has developed a traction transformer, PETT, which uses power electronics instead of the conventional inverter and transformer combination. This makes it more energy efficient compared to conventional transformers. Many other vendors are shifting their focus to lighter, smaller, and more efficient transformers.”

According to the report, the developing countries in APAC, namely China and India, are increasingly investing in high-speed rail networks. China has managed to keep its growing population and economy connected via high-speed rail networks. In fact, China's is the largest rail network in the world with an estimated coverage of 19,000 Km in 2014, connecting about 200 million people in the country. India, as of now, is yet to get its high-speed rail networks. The present government has planned investments to develop about 2,000 km of high-speed railways by 2020. These developments entail great potential for the overall growth of the traction transformer market.

Further, the report states that international vendors such as ABB and Siemens are facing tough challenges from local vendors in emerging economies, such as India, China, and Brazil.

Companies Mentioned

ABB, Alstom, GE, Mitsubishi Electric, Siemens, CSR, Emco, Hitachi Plant Technologies, Hyundai Rotem, JST Transformateurs, Mitsubishi Electric, Schneider Electric, Setrans Holding, Skoda Holding

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
    • Table Types of Traction Transformers
  • Market Landscape
    • Market Overview
    • Market Size and Forecast
      • Market Size and Forecast
        • Table Global Traction Transformer Market 2015-2019 ($ billions)
      • By Unit Shipments
        • Table Global Traction Transformer Market 2015-2019 (Unit Shipments)
    • Five Forces Analysis
      • Bargaining Power of Suppliers
        • Table Bargaining Power of Suppliers
      • Bargaining Power of Buyers
        • Table Bargaining Power of Buyers
      • Threat of New Entrants
        • Table Threat of New Entrants
      • Threat of Substitutes
        • Table Threat of Substitutes
      • Threat of Rivalry
        • Table Threat of Rivalry
  • Market Segmentation by Application
    • Global Traction Transformer Market by Application 2014-2019
      • Table Global Traction Transformer Market: Product Segmentation 2014
    • Global Tapped Transformer Market
      • Market Size and Forecast
        • Table Global Tapped Transformer Market ($ billions)
    • Global Tap-Changing Transformer Market
      • Market Size and Forecast
        • Table Global Tap-changing Transformer Market ($ millions)
    • Global Rectifier Traction Transformer Market
      • Market Size and Forecast
        • Table Global Rectifier Traction Transformer Market ($ millions)
  • Geographical Segmentation
    • Global Traction Transformer Market by Geographical Segmentation 2014-2019
      • Table Global Traction Transformer Market by Geographic Segmentation 2014-2019
    • Traction Transformer Market in EMEA
      • Market Size and Forecast
        • Table Traction Transformer Market in EMEA ($ billions)
    • Traction Transformer Market in APAC
      • Market Size and Forecast
        • Table Traction Transformer Market in APAC ($ billions)
    • Traction Transformer Market in Americas
      • Market Size and Forecast
        • Table Traction Transformer Market in Americas ($ billions)
  • Buying Criteria
  • Market Growth Drivers
    • Table Six Potential High-Speed Rail Corridors Highlighted by Indian Railways
    • Table High-speed Trains (Current Projects)
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Table Major Vendors
    • Other Prominent Vendors
  • Key Vendor Analysis
    • ABB
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table ABB: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2011-2013
        • Table ABB: Business Segmentation by Revenue 2011-2013 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table ABB: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Key Developments
      • SWOT Analysis
    • Alstom
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table Alstom: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table Alstom: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Geographical Segmentation by Revenue 2014
        • Table Alstom: Geographical Segmentation by Revenue 2014
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • GE
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table GE: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table GE: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table GE: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Mitsubishi
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Mitsubishi: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Mitsubishi: Business Segmentation by Revenue 2012 and 2013 ($ billions)
      • Geographical Segmentation by Revenue 2013
        • Table Mitsubishi: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Siemens
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table Siemens: Business Segmentation 2013
      • Revenue by Business Segmentation
        • Table Siemens: Revenue by Business Segmentation 2013
      • Revenue Comparison by Business Segmentation 2012 and 2013
        • Table Siemens: Revenue by Business Segmentation 2012 and 2013 ($ billions)
      • Sales by Geography
        • Table Siemens: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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