Traction Transformer Market in APAC 2015-2019

About traction transformers

One of the most vital components of a rolling stock is a traction transformer. It forms the most integral part of an electric traction system and helps in the smooth movement of motors such as locomotives, high-speed trains, and trams. For over a century now, these transformers have been used for traction in railways. It is considered to be the best alternative to conventional fossil-fuel based traction systems. It comes with various mounting options such as:

  • On-board
  • Undercarriage
  • Rooftop
The traction systems can be broadly segmented into:
  • AC systems
  • DC systems
Typical system setups are:
  • 25 kV AC 50 Hz
  • 15 kV AC 16 2/3 Hz
  • 3 kV DC
  • 1.5 kV DC
  • 1.2 kV DC
These traction systems may have a combination of stationary transformers, auto transformers, and booster transformers. Traction transformers are used to bring down the voltage of the overhead electric line from 15/25 kV to the desired voltage of 0.7/1.5 kV. Traction transformers are mainly used in high-speed trains, EMUs, electric locomotives, and trams. Traction transformers can be customized as per the end-users' requirements.

Technavio's analysts forecast the traction transformer market in APAC to grow at a CAGR of 8.08 percent over the period 2015-2019.

Covered in this report

This report covers the present scenario and the growth prospects of the traction transformer market in APAC during the period 2015–2019. For ascertaining the market size and vendor share, the report considers the revenue obtained from the sales of traction transformers.

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

Key vendors
  • ABB
  • Alstom
  • Siemens
Other prominent vendors
  • AnsaldoBreda
  • BHEL
  • Crompton Greaves
  • Electren
  • Hitachi Plant Technologies
  • Hyundai Rotem
  • JST Transformateurs
  • Koncar
  • Mitsubishi Electric
  • Schneider Electric
  • Setrans Holding
  • Skoda Holding
Market driver
  • Extensive railway network in APAC
  • For a full, detailed list, view our report
Market challenge
  • 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 – Traction Transformer Market in the APAC 2015-2019
Technavio recognizes the following companies as the key players in Traction Transformer Market in the APAC 2015-2019: ABB, Alstom and Siemens
Other Prominent Vendors in the market are: AnsaldoBreda, BHEL, Crompton Greaves, Electren, Hitachi Plant Technologies, Hyundai Rotem, JST Transformateurs, Koncar, Mitsubishi Electric, Schneider Electric, Setrans Holding and Skoda Holding
Commenting on the report, an analyst from Technavio’s team said: “Vendors in the market are trying to manufacture more efficient traction transformers to differentiate their products from the competition. For instance, ABB, a major player in the traction transformer market in Europe, has introduced PETT, a smart traction transformer, which uses power electronics instead of the conventional inverter and transformer combination. This transformer is more efficient in terms of energy compared with traditional transformers. Apart from ABB, many other vendors are shifting their focus toward light, small, and more efficient transformers.”
According to the report, in the US, developing countries, such as India and China, are increasing their investment in the rail sector. India is investing in electric rail because of increasing congestion in road transport in cities such as Mumbai, Bangalore, and Delhi. Diesel locomotives are widely used in India because their costs have been subsidized recently and the unit charge of electricity is high. However, this trend has changed since the Indian Electricity Act of 2001. Railways have started adopting more electric trains in the country, which is expected to increase the demand for traction transformers in the APAC.
Further, the report states that increased and intense competition from local and regional vendors inhibits market growth.

Companies Mentioned

ABB, Alstom, Siemens, AnsaldoBreda, BHEL, Crompton Greaves, Electren, Hitachi Plant Technologies, Hyundai Rotem, JST Transformateurs, Koncar, 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
  • Market Landscape
    • Market overview
      • Table Traction transformers: market overview
    • Market size and forecast
      • Table Traction transformer market in APAC 2014-2019 ($ million)
    • 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 Product
    • Table Traction transformers: product segmentation
    • Tapped traction transformer market in APAC
      • Market size and forecast
        • Table Tapped traction transformer market in APAC 2014-2019 ($ million)
    • Tap-changing traction transformer market in APAC
      • Market size and forecast
        • Table Tap-changing traction transformer market in APAC 2014-2019 ($ million)
    • Rectifier traction transformer market in APAC
      • Market size and forecast
        • Table Rectifier traction transformer market in APAC 2014-2019 ($ million)
        • Table Comparison of CAGRs for various types of traction transformers (2014-2019)
  • Key Leading Countries
    • China
      • Market size and forecast
        • Table Traction transformer market in China 2014-2019 ($ million)
    • India
      • Market size and forecast
        • Table Traction transformer market in India 2014-2019 ($ million)
    • Japan
      • Market size and forecast
        • Table Traction transformer market in Japan 2014-2019 ($ million)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Urban population in India (million)
  • Trends and their Impact
  • Vendor Landscape
    • Competitive scenario
    • 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 ($ billion)
      • 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 ($ billion)
      • Geographical segmentation by revenue 2014
        • Table Alstom: Geographical segmentation by revenue 2014
      • 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 ($ billion)
      • 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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