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Traction Transformer Market in Europe 2015-2019

About traction transformer

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, these transformers have been used in railway traction. It is considered to be the best alternative to the conventional fossil-fuel-based traction systems. It comes with various mounting options: on-board, undercarriage, and rooftop. Traction systems can be broadly segmented into the following: AC systems and DC systems. Typical system setups are the following: 25 kV AC 50 Hz, 15 kV AC 16 2/3 Hz, 3 kV DC, 1.5 kV DC, and 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 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 an electric train.

TechNavio's analysts forecast the traction transformer market in Europe to grow at a CAGR of 6.78% 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 Europe 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, the Traction Transformer Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the landscape of the traction transformer market in Europe 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
  • Siemens
Other prominent vendors
  • AnsaldoBreda
  • Crompton Greaves
  • Electren
  • Hitachi Plant Technologies
  • Hyundai Rotem
  • JST Transformateurs
  • Koncar
  • Mitsubishi Electric
  • Schneider Electric
  • Setrans Holding
  • Skoda Holding
Market driver
  • Significant government funding
  • 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 Europe 2015-2019

Technavio recognizes the following companies as the key players in Traction Transformer Market in Europe 2015-2019: ABB Ltd., Alstom S.A. and Siemens AG

Other Prominent Vendors in the market are: AnsaldoBreda, Crompton Greaves, Electren, Hitachi Plant Technologies, Hyundai Rotem, JST Transformateurs, Koncar, Mitsubishi Electric, Schneider Electric, Setrans and Skoda

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 designed PETT, a smart traction transformer that 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, the traction transformer market in Europe has grown steadily, driven by increased government investment in public transit systems. Electric train projects witnessed the highest investment in Europe. Stringent gas emission regulations have led to increased demand for traction transformers.

Further, the report states the increased threat from local vendors is inhibiting market growth.

Companies Mentioned

ABB Ltd., Alstom S.A., Siemens AG, AnsaldoBreda, Crompton Greaves, Electren, Hitachi Plant Technologies, Hyundai Rotem, JST Transformateurs, Koncar, Mitsubishi Electric, Schneider Electric, Setrans, Skoda

  • 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 Europe 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 transformer market in Europe: product segmentation 2014
    • Tapped traction transformer market in Europe
      • Market size and forecast
        • Table Tapped traction transformer market in Europe 2014-2019 ($ million)
    • Tap-changing traction transformer market in Europe
      • Market size and forecast
        • Table Tap-changing traction transformer market in Europe 2014-2019 ($ million)
    • Rectifier traction transformer market in Europe
      • Market size and forecast
        • Table Rectifier traction transformer market in Europe 2014-2019 ($ million)
        • Table Comparison of CAGR for various types of traction transformers (2014-2019)
  • Key Leading Countries
    • Germany
      • Market size and forecast
        • Table Traction transformer market in Germany 2014-2019 ($ million)
    • France
      • Market size and forecast
        • Table Traction transformer market in France 2014-2019 ($ million)
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table High-speed lines in Europe 2014 (Km)
  • 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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