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Global Traction Transformers Market 2017-2021

Global Traction Transformers Market 2017-2021

About Traction Transformers

Traction transformers are special application transformers that are integral to the electric traction system. It converts the supplied electrical energy into usable electrical energy, to power electric motors within a locomotive engine, high-speed trains, and trams to generate motive force.

Technavio’s analysts forecast the global traction transformers market to grow at a CAGR of 5.74% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global traction transformers market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Traction Transformers Market 2017-2021, 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 over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • ALSTOM
  • JST transformateurs
  • Mitsubishi Electric
  • Siemens
Other prominent vendors
  • ALTRAFO
  • CRRC
  • EMCO
  • Hind Rectifiers
  • Hitachi
  • International BEZ Group
  • International Electric power
  • KONČAR - Electrical Industry
  • SETRANS HOLDING
  • Skoda Transportation
  • Wabtec Corporation (Brush Traction)
Market driver
  • Growth of high-speed rail networks in developing economies
  • For a full, detailed list, view our report
Market challenge
  • Lack of private sector participation
  • For a full, detailed list, view our report
Market trend
  • Growing inclination toward public transportation
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 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 2017-2021

Technavio recognizes the following companies as the key players in the global traction transformers market: ABB, ALSTOM, JST transformateurs, Mitsubishi Electric, and Siemens.

Other Prominent Vendors in the market are: ALTRAFO, CRRC, EMCO, Hind Rectifiers, Hitachi, International BEZ Group, International Electric power, KONČAR - Electrical Industry, SETRANS HOLDING, Skoda Transportation and Wabtec Corporation (Brush Traction).

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is growing inclination toward public transportation. With economic growth, countries are increasing their investments in rail infrastructure projects to provide better public transport services in the form of better connectivity between different cities, increasing the line of operations for inter-city transit, and developing high-speed trains.”

According to the report, one driver in the market is growth in urban mobility solutions. Rapid economic growth has spurred countries to increase their investments in railway infrastructure projects to provide better public transport services. These include increasing the connectivity between cities, line of operations for intercity transit, and high-speed trains. India has invested a huge sum of money in the development of metro and monorail projects to improve public transport connectivity.

Further, the report states that one challenge in the market is lack of private sector participation. Railway systems require huge and ever demanding capital investments; besides this, the regulators and governments must scrutinize every detail regarding the management of the infrastructure, services, and energy regulation, among others. As a result, the railway industry’s freedom to make decisions independently and commercially is much more constrained compared with the other industrial sectors of a country's economy.



Companies Mentioned

ABB, ALSTOM, JST transformateurs, Mitsubishi Electric, Siemens, ALTRAFO, CRRC, EMCO, Hind Rectifiers, Hitachi, International BEZ Group, International Electric power, KONČAR - Electrical Industry, SETRANS HOLDING, Skoda Transportation and Wabtec Corporation (Brush Traction).

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Market outline
      • Table Types of traction transformers
      • Table Current market scenario and future projections of each segment 2016-2021
      • Table Current market scenario and future projections of each region 2016-2021
  • Market landscape
    • Market overview
      • Table Global traction transformers market segmentation by type and geography
    • Market size and forecast
      • Table Global traction transformers market 2016-2021 ($ millions)
      • Table Locomotives including electric, diesel, and steam FY2008-FY2016 (number of units)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by type
    • Market overview
      • Table Global traction transformers market by type 2016 and 2021 (%)
    • Global traction transformers market by tapped transformers
      • Table Global traction transformers market by tapped transformers 2016-2021 ($ millions)
    • Global traction transformers market by tapchanging transformers
      • Table Global traction transformers market by tap-changing transformers 2016-2021 ($ millions)
    • Global traction transformers market by rectifier transformers
      • Table Global traction transformers market by rectifier transformers 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Market share of key geographies 2016-2021 (%)
    • Traction transformers market in EMEA
      • Table Traction transformers market in EMEA 2016-2021 ($ millions)
    • Traction transformers market in APAC
      • Table Traction transformers market in APAC 2016-2021 ($ millions)
    • Traction transformers market in Americas
      • Table Traction transformers market in Americas 2016-2021 ($ millions)
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Ongoing high-speed rail projects in India 2016
      • Table Railway electrification projects undertaken in the UK 2015-2016
    • Market challenges
      • Table Role of governments in the railway industry
  • Market trends
    • Use of smart grids to power trains
      • Table Utilization of braking energy
    • Growing inclination toward public transportation
      • Table Trips using public buses, metro rail, and trams in EU 2005-2014 (in billions)
    • Technological advances
  • Vendor landscape
    • Competitive scenario
      • Table Key vendors in the global traction transformers market
    • Other prominent vendors
      • Table Other prominent vendors
  • Key vendor analysis
    • ABB
      • Table ABB: Traction transformer product portfolio
    • ALSTOM
      • Table ALSTOM: Traction transformer product portfolio
    • JST transformateurs
      • Table JST transformateurs: Traction transformer product portfolio
    • Mitsubishi Electric
      • Table Mitsubishi: Traction transformers product portfolio
    • Siemens
      • Table Siemens: Traction transformer product portfolio
  • Appendix
    • List of abbreviations
  • Explore Technavio

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