Railway Traction Motor Market in North America 2024-2028

Publisher TechNavio

Published Dec 07, 2024

Length 169 Pages

SKU # INF19463378

Description

Railway Traction Motor Market In North America 2024-2028

The railway traction motor market in north america is forecasted to grow by USD 748.1 mn during 2023-2028, accelerating at a CAGR of 5.3% during the forecast period. The report on the railway traction motor market in north america provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by procurement of new locomotives, government initiatives to improve infrastructure, and need for inexpensive modes of transportation.

Technavio's railway traction motor market in north america is segmented as below:

By Type

DC motors
AC motors
Synchronous motors

By Application

Electric trains
Hybrid trains

By Geographical Landscape

North America

This study identifies the introduction of permanent magnet synchronous motors as one of the prime reasons driving the railway traction motor market in north america growth during the next few years. Also, focus on hybrid locomotives and development of copper die-cast rotors will lead to sizable demand in the market.

The report on the railway traction motor market in north america covers the following areas:

Railway Traction Motor Market in North America sizing
Railway Traction Motor Market in North America forecast
Railway Traction Motor Market in North America industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading railway traction motor market in north america vendors that include ABB Ltd., ALSTOM SA, American Traction Systems, HaslerRail AG, Hitachi Ltd., HYUNDAI Corp., Mitsubishi Electric Corp., Sherwood Electromotion Inc., Siemens AG, SKODA TRANSPORTATION AS, Sulzer Ltd., Toshiba Corp., and VEM GmbH. Also, the railway traction motor market in north america analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

1 Executive Summary: 1.1 Market overview; Executive Summary - Chart on Market Overview; Executive Summary - Data Table on Market Overview; Executive Summary - Chart on Country Market Characteristics; Executive Summary - Chart on Market By Geographical Landscape; Executive Summary - Chart on Market Segmentation by Type; Executive Summary - Chart on Market Segmentation by Application; Executive Summary - Chart on Incremental Growth; Executive Summary - Data Table on Incremental Growth; Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis: 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; 2.2 Criticality of inputs and Factors of differentiation; Overview on criticality of inputs and factors of differentiation; 2.3 Factors of disruption; Overview on factors of disruption; 2.4 Impact of drivers and challenges; Impact of drivers and challenges in 2023 and 2028
3 Market Landscape: 3.1 Market ecosystem; Parent Market; Data Table on - Parent Market; 3.2 Market characteristics; Market characteristics analysis; 3.3 Value chain analysis; Value chain analysis
4 Market Sizing: 4.1 Market definition; Offerings of companies included in the market definition; 4.2 Market segment analysis; Market segments; 4.3 Market size 2023; 4.4 Market outlook: Forecast for 2023-2028; Chart on North America - Market size and forecast 2023-2028 ($ million); Data Table on Regional - Market size and forecast 2023-2028 ($ million); Chart on North America: Year-over-year growth 2023-2028 (%); Data Table on Regional - Market size and forecast 2023-2028 ($ million)
5 Historic Market Size: 5.1 Railway Traction Motor Market in North America 2018 - 2022; Historic Market Size - Data Table on Railway Traction Motor Market in North America 2018 - 2022 ($ million); 5.2 Type segment analysis 2018 - 2022; Historic Market Size - Type Segment 2018 - 2022 ($ million); 5.3 Application segment analysis 2018 - 2022; Historic Market Size - Application Segment 2018 - 2022 ($ million); 5.4 Geography segment analysis 2018 - 2022; Historic Market Size - Geography Segment 2018 - 2022 ($ million)
6 Qualitative Analysis: 6.1 Impact of AI on the Railway Traction Motor Market in North America
7 Five Forces Analysis: 7.1 Five forces summary; Five forces analysis - Comparison between 2023 and 2028; 7.2 Bargaining power of buyers; Bargaining power of buyers - Impact of key factors 2023 and 2028; 7.3 Bargaining power of suppliers; Bargaining power of suppliers - Impact of key factors in 2023 and 2028; 7.4 Threat of new entrants; Threat of new entrants - Impact of key factors in 2023 and 2028; 7.5 Threat of substitutes; Threat of substitutes - Impact of key factors in 2023 and 2028; 7.6 Threat of rivalry; Threat of rivalry - Impact of key factors in 2023 and 2028; 7.7 Market condition; Chart on Market condition - Five forces 2023 and 2028
8 Market Segmentation by Type: 8.1 Market segments; Chart on Type - Market share 2023-2028 (%); Data Table on Type - Market share 2023-2028 (%); 8.2 Comparison by Type; Chart on Comparison by Type; Data Table on Comparison by Type; 8.3 DC motors - Market size and forecast 2023-2028; Chart on DC motors - Market size and forecast 2023-2028 ($ million); Data Table on DC motors - Market size and forecast 2023-2028 ($ million); Chart on DC motors - Year-over-year growth 2023-2028 (%); Data Table on DC motors - Year-over-year growth 2023-2028 (%); 8.4 AC motors - Market size and forecast 2023-2028; Chart on AC motors - Market size and forecast 2023-2028 ($ million); Data Table on AC motors - Market size and forecast 2023-2028 ($ million); Chart on AC motors - Year-over-year growth 2023-2028 (%); Data Table on AC motors - Year-over-year growth 2023-2028 (%); 8.5 Synchronous motors - Market size and forecast 2023-2028; Chart on Synchronous motors - Market size and forecast 2023-2028 ($ million); Data Table on Synchronous motors - Market size and forecast 2023-2028 ($ million); Chart on Synchronous motors - Year-over-year growth 2023-2028 (%); Data Table on Synchronous motors - Year-over-year growth 2023-2028 (%); 8.6 Market opportunity by Type; Market opportunity by Type ($ million); Data Table on Market opportunity by Type ($ million)
9 Market Segmentation by Application: 9.1 Market segments; Chart on Application - Market share 2023-2028 (%); Data Table on Application - Market share 2023-2028 (%); 9.2 Comparison by Application; Chart on Comparison by Application; Data Table on Comparison by Application; 9.3 Electric trains - Market size and forecast 2023-2028; Chart on Electric trains - Market size and forecast 2023-2028 ($ million); Data Table on Electric trains - Market size and forecast 2023-2028 ($ million); Chart on Electric trains - Year-over-year growth 2023-2028 (%); Data Table on Electric trains - Year-over-year growth 2023-2028 (%); 9.4 Hybrid trains - Market size and forecast 2023-2028; Chart on Hybrid trains - Market size and forecast 2023-2028 ($ million); Data Table on Hybrid trains - Market size and forecast 2023-2028 ($ million); Chart on Hybrid trains - Year-over-year growth 2023-2028 (%); Data Table on Hybrid trains - Year-over-year growth 2023-2028 (%); 9.5 Market opportunity by Application; Market opportunity by Application ($ million); Data Table on Market opportunity by Application ($ million)
10 Customer Landscape: 10.1 Customer landscape overview; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
11 Geographic Landscape: 11.1 Geographic segmentation; Chart on Market share By Geographical Landscape - 2023-2028 (%); Data Table on Market share By Geographical Landscape - 2023-2028 (%); 11.2 Geographic comparison; Chart on Geographic comparison; Data Table on Geographic comparison; 11.3 US - Market size and forecast 2023-2028; Chart on US - Market size and forecast 2023-2028 ($ million); Data Table on US - Market size and forecast 2023-2028 ($ million); Chart on US - Year-over-year growth 2023-2028 (%); Data Table on US - Year-over-year growth 2023-2028 (%); 11.4 Canada - Market size and forecast 2023-2028; Chart on Canada - Market size and forecast 2023-2028 ($ million); Data Table on Canada - Market size and forecast 2023-2028 ($ million); Chart on Canada - Year-over-year growth 2023-2028 (%); Data Table on Canada - Year-over-year growth 2023-2028 (%); 11.5 Mexico - Market size and forecast 2023-2028; Chart on Mexico - Market size and forecast 2023-2028 ($ million); Data Table on Mexico - Market size and forecast 2023-2028 ($ million); Chart on Mexico - Year-over-year growth 2023-2028 (%); Data Table on Mexico - Year-over-year growth 2023-2028 (%); 11.6 Market opportunity By Geographical Landscape; Market opportunity By Geographical Landscape ($ million); Data Table on Market opportunity By Geographical Landscape ($ million)
12 Drivers, Challenges, and Opportunity/Restraints: 12.1 Market drivers; 12.2 Market challenges; 12.3 Impact of drivers and challenges; Impact of drivers and challenges in 2023 and 2028; 12.4 Market opportunities/restraints
13 Competitive Landscape: 13.1 Overview; 13.2 Competitive Landscape; Overview on criticality of inputs and factors of differentiation; 13.3 Landscape disruption; Overview on factors of disruption; 13.4 Industry risks; Impact of key risks on business
14 Competitive Analysis: 14.1 Companies profiled; Companies covered; 14.2 Company ranking index; Company ranking index; 14.3 Market positioning of companies; Matrix on companies position and classification; 14.4 ABB Ltd.; ABB Ltd. - Overview; ABB Ltd. - Business segments; ABB Ltd. - Key news; ABB Ltd. - Key offerings; ABB Ltd. - Segment focus; SWOT; 14.5 ALSTOM SA; ALSTOM SA - Overview; ALSTOM SA - Business segments; ALSTOM SA - Key news; ALSTOM SA - Key offerings; ALSTOM SA - Segment focus; SWOT; 14.6 American Traction Systems; American Traction Systems - Overview; American Traction Systems - Product / Service; American Traction Systems - Key offerings; SWOT; 14.7 HaslerRail AG; HaslerRail AG - Overview; HaslerRail AG - Product / Service; HaslerRail AG - Key offerings; SWOT; 14.8 Hitachi Ltd.; Hitachi Ltd. - Overview; Hitachi Ltd. - Business segments; Hitachi Ltd. - Key news; Hitachi Ltd. - Key offerings; Hitachi Ltd. - Segment focus; SWOT; 14.9 HYUNDAI Corp.; HYUNDAI Corp. - Overview; HYUNDAI Corp. - Business segments; HYUNDAI Corp. - Key offerings; HYUNDAI Corp. - Segment focus; SWOT; 14.10 Mitsubishi Electric Corp.; Mitsubishi Electric Corp. - Overview; Mitsubishi Electric Corp. - Business segments; Mitsubishi Electric Corp. - Key offerings; Mitsubishi Electric Corp. - Segment focus; SWOT; 14.11 Sherwood Electromotion Inc.; Sherwood Electromotion Inc. - Overview; Sherwood Electromotion Inc. - Product / Service; Sherwood Electromotion Inc. - Key offerings; SWOT; 14.12 Siemens AG; Siemens AG - Overview; Siemens AG - Business segments; Siemens AG - Key news; Siemens AG - Key offerings; Siemens AG - Segment focus; SWOT; 14.13 SKODA TRANSPORTATION AS; SKODA TRANSPORTATION AS - Overview; SKODA TRANSPORTATION AS - Product / Service; SKODA TRANSPORTATION AS - Key offerings; SWOT; 14.14 Sulzer Ltd.; Sulzer Ltd. - Overview; Sulzer Ltd. - Business segments; Sulzer Ltd. - Key news; Sulzer Ltd. - Key offerings; Sulzer Ltd. - Segment focus; SWOT; 14.15 Toshiba Corp.; Toshiba Corp. - Overview; Toshiba Corp. - Business segments; Toshiba Corp. - Key news; Toshiba Corp. - Key offerings; Toshiba Corp. - Segment focus; SWOT; 14.16 VEM GmbH; VEM GmbH - Overview; VEM GmbH - Product / Service; VEM GmbH - Key offerings; SWOT
15 Appendix: 15.1 Scope of the report; 15.2 Inclusions and exclusions checklist; Inclusions checklist; Exclusions checklist; 15.3 Currency conversion rates for US$; Currency conversion rates for US$; 15.4 Research methodology; Research methodology; 15.5 Data procurement; Information sources; 15.6 Data validation; Data validation; 15.7 Validation techniques employed for market sizing; Validation techniques employed for market sizing; 15.8 Data synthesis; Data synthesis; 15.9 360 degree market analysis; 360 degree market analysis; 15.10 List of abbreviations; List of abbreviations
Exhibits:: Exhibits1: Executive Summary - Chart on Market Overview; Exhibits2: Executive Summary - Data Table on Market Overview; Exhibits3: Executive Summary - Chart on Country Market Characteristics; Exhibits4: Executive Summary - Chart on Market By Geographical Landscape; Exhibits5: Executive Summary - Chart on Market Segmentation by Type; Exhibits6: Executive Summary - Chart on Market Segmentation by Application; Exhibits7: Executive Summary - Chart on Incremental Growth; Exhibits8: Executive Summary - Data Table on Incremental Growth; Exhibits9: Executive Summary - Chart on Company Market Positioning; Exhibits10: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits11: Overview on criticality of inputs and factors of differentiation; Exhibits12: Overview on factors of disruption; Exhibits13: Impact of drivers and challenges in 2023 and 2028; Exhibits14: Parent Market; Exhibits15: Data Table on - Parent Market; Exhibits16: Market characteristics analysis; Exhibits17: Value chain analysis; Exhibits18: Offerings of companies included in the market definition; Exhibits19: Market segments; Exhibits20: Chart on North America - Market size and forecast 2023-2028 ($ million); Exhibits21: Data Table on Regional - Market size and forecast 2023-2028 ($ million); Exhibits22: Chart on North America: Year-over-year growth 2023-2028 (%); Exhibits23: Data Table on Regional - Market size and forecast 2023-2028 ($ million); Exhibits24: Historic Market Size - Data Table on Railway Traction Motor Market in North America 2018 - 2022 ($ million); Exhibits25: Historic Market Size - Type Segment 2018 - 2022 ($ million); Exhibits26: Historic Market Size - Application Segment 2018 - 2022 ($ million); Exhibits27: Historic Market Size - Geography Segment 2018 - 2022 ($ million); Exhibits28: Five forces analysis - Comparison between 2023 and 2028; Exhibits29: Bargaining power of buyers - Impact of key factors 2023 and 2028; Exhibits30: Bargaining power of suppliers - Impact of key factors in 2023 and 2028; Exhibits31: Threat of new entrants - Impact of key factors in 2023 and 2028; Exhibits32: Threat of substitutes - Impact of key factors in 2023 and 2028; Exhibits33: Threat of rivalry - Impact of key factors in 2023 and 2028; Exhibits34: Chart on Market condition - Five forces 2023 and 2028; Exhibits35: Chart on Type - Market share 2023-2028 (%); Exhibits36: Data Table on Type - Market share 2023-2028 (%); Exhibits37: Chart on Comparison by Type; Exhibits38: Data Table on Comparison by Type; Exhibits39: Chart on DC motors - Market size and forecast 2023-2028 ($ million); Exhibits40: Data Table on DC motors - Market size and forecast 2023-2028 ($ million); Exhibits41: Chart on DC motors - Year-over-year growth 2023-2028 (%); Exhibits42: Data Table on DC motors - Year-over-year growth 2023-2028 (%); Exhibits43: Chart on AC motors - Market size and forecast 2023-2028 ($ million); Exhibits44: Data Table on AC motors - Market size and forecast 2023-2028 ($ million); Exhibits45: Chart on AC motors - Year-over-year growth 2023-2028 (%); Exhibits46: Data Table on AC motors - Year-over-year growth 2023-2028 (%); Exhibits47: Chart on Synchronous motors - Market size and forecast 2023-2028 ($ million); Exhibits48: Data Table on Synchronous motors - Market size and forecast 2023-2028 ($ million); Exhibits49: Chart on Synchronous motors - Year-over-year growth 2023-2028 (%); Exhibits50: Data Table on Synchronous motors - Year-over-year growth 2023-2028 (%); Exhibits51: Market opportunity by Type ($ million); Exhibits52: Data Table on Market opportunity by Type ($ million); Exhibits53: Chart on Application - Market share 2023-2028 (%); Exhibits54: Data Table on Application - Market share 2023-2028 (%); Exhibits55: Chart on Comparison by Application; Exhibits56: Data Table on Comparison by Application; Exhibits57: Chart on Electric trains - Market size and forecast 2023-2028 ($ million); Exhibits58: Data Table on Electric trains - Market size and forecast 2023-2028 ($ million); Exhibits59: Chart on Electric trains - Year-over-year growth 2023-2028 (%); Exhibits60: Data Table on Electric trains - Year-over-year growth 2023-2028 (%); Exhibits61: Chart on Hybrid trains - Market size and forecast 2023-2028 ($ million); Exhibits62: Data Table on Hybrid trains - Market size and forecast 2023-2028 ($ million); Exhibits63: Chart on Hybrid trains - Year-over-year growth 2023-2028 (%); Exhibits64: Data Table on Hybrid trains - Year-over-year growth 2023-2028 (%); Exhibits65: Market opportunity by Application ($ million); Exhibits66: Data Table on Market opportunity by Application ($ million); Exhibits67: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits68: Chart on Market share By Geographical Landscape - 2023-2028 (%); Exhibits69: Data Table on Market share By Geographical Landscape - 2023-2028 (%); Exhibits70: Chart on Geographic comparison; Exhibits71: Data Table on Geographic comparison; Exhibits72: Chart on US - Market size and forecast 2023-2028 ($ million); Exhibits73: Data Table on US - Market size and forecast 2023-2028 ($ million); Exhibits74: Chart on US - Year-over-year growth 2023-2028 (%); Exhibits75: Data Table on US - Year-over-year growth 2023-2028 (%); Exhibits76: Chart on Canada - Market size and forecast 2023-2028 ($ million); Exhibits77: Data Table on Canada - Market size and forecast 2023-2028 ($ million); Exhibits78: Chart on Canada - Year-over-year growth 2023-2028 (%); Exhibits79: Data Table on Canada - Year-over-year growth 2023-2028 (%); Exhibits80: Chart on Mexico - Market size and forecast 2023-2028 ($ million); Exhibits81: Data Table on Mexico - Market size and forecast 2023-2028 ($ million); Exhibits82: Chart on Mexico - Year-over-year growth 2023-2028 (%); Exhibits83: Data Table on Mexico - Year-over-year growth 2023-2028 (%); Exhibits84: Market opportunity By Geographical Landscape ($ million); Exhibits85: Data Table on Market opportunity By Geographical Landscape ($ million); Exhibits86: Impact of drivers and challenges in 2023 and 2028; Exhibits87: Overview on criticality of inputs and factors of differentiation; Exhibits88: Overview on factors of disruption; Exhibits89: Impact of key risks on business; Exhibits90: Companies covered; Exhibits91: Company ranking index; Exhibits92: Matrix on companies position and classification; Exhibits93: ABB Ltd. - Overview; Exhibits94: ABB Ltd. - Business segments; Exhibits95: ABB Ltd. - Key news; Exhibits96: ABB Ltd. - Key offerings; Exhibits97: ABB Ltd. - Segment focus; Exhibits98: SWOT; Exhibits99: ALSTOM SA - Overview; Exhibits100: ALSTOM SA - Business segments; Exhibits101: ALSTOM SA - Key news; Exhibits102: ALSTOM SA - Key offerings; Exhibits103: ALSTOM SA - Segment focus; Exhibits104: SWOT; Exhibits105: American Traction Systems - Overview; Exhibits106: American Traction Systems - Product / Service; Exhibits107: American Traction Systems - Key offerings; Exhibits108: SWOT; Exhibits109: HaslerRail AG - Overview; Exhibits110: HaslerRail AG - Product / Service; Exhibits111: HaslerRail AG - Key offerings; Exhibits112: SWOT; Exhibits113: Hitachi Ltd. - Overview; Exhibits114: Hitachi Ltd. - Business segments; Exhibits115: Hitachi Ltd. - Key news; Exhibits116: Hitachi Ltd. - Key offerings; Exhibits117: Hitachi Ltd. - Segment focus; Exhibits118: SWOT; Exhibits119: HYUNDAI Corp. - Overview; Exhibits120: HYUNDAI Corp. - Business segments; Exhibits121: HYUNDAI Corp. - Key offerings; Exhibits122: HYUNDAI Corp. - Segment focus; Exhibits123: SWOT; Exhibits124: Mitsubishi Electric Corp. - Overview; Exhibits125: Mitsubishi Electric Corp. - Business segments; Exhibits126: Mitsubishi Electric Corp. - Key offerings; Exhibits127: Mitsubishi Electric Corp. - Segment focus; Exhibits128: SWOT; Exhibits129: Sherwood Electromotion Inc. - Overview; Exhibits130: Sherwood Electromotion Inc. - Product / Service; Exhibits131: Sherwood Electromotion Inc. - Key offerings; Exhibits132: SWOT; Exhibits133: Siemens AG - Overview; Exhibits134: Siemens AG - Business segments; Exhibits135: Siemens AG - Key news; Exhibits136: Siemens AG - Key offerings; Exhibits137: Siemens AG - Segment focus; Exhibits138: SWOT; Exhibits139: SKODA TRANSPORTATION AS - Overview; Exhibits140: SKODA TRANSPORTATION AS - Product / Service; Exhibits141: SKODA TRANSPORTATION AS - Key offerings; Exhibits142: SWOT; Exhibits143: Sulzer Ltd. - Overview; Exhibits144: Sulzer Ltd. - Business segments; Exhibits145: Sulzer Ltd. - Key news; Exhibits146: Sulzer Ltd. - Key offerings; Exhibits147: Sulzer Ltd. - Segment focus; Exhibits148: SWOT; Exhibits149: Toshiba Corp. - Overview; Exhibits150: Toshiba Corp. - Business segments; Exhibits151: Toshiba Corp. - Key news; Exhibits152: Toshiba Corp. - Key offerings; Exhibits153: Toshiba Corp. - Segment focus; Exhibits154: SWOT; Exhibits155: VEM GmbH - Overview; Exhibits156: VEM GmbH - Product / Service; Exhibits157: VEM GmbH - Key offerings; Exhibits158: SWOT; Exhibits159: Inclusions checklist; Exhibits160: Exclusions checklist; Exhibits161: Currency conversion rates for US$; Exhibits162: Research methodology; Exhibits163: Information sources; Exhibits164: Data validation; Exhibits165: Validation techniques employed for market sizing; Exhibits166: Data synthesis; Exhibits167: 360 degree market analysis; Exhibits168: List of abbreviations

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