Global Traction Transformer Market (2021-2026) by Rolling Stock, Mounting Frame, Overhead Voltage Line and Geography, IGR Competitive Analysis, Impact of Covid-19, Ansoff Analysis
The Global Traction Transformer Market is estimated to be USD 1.47 Bn in 2021 and is expected to reach USD 1.98 Bn by 2026, growing at a CAGR of 6.1%.
Increase in Government funding for rail infrastructure development, shift toward low carbon rail transport and liberalization of rail transport network are the driving factors for the growth of the market. The key restraining factors for the growth of the traction transformer market include the high cost of the electrification of rail network. Furthermore, complexities in the design of traction transformers creates challenges in front of the industry.
The Global Traction Transformer Market is segmented based on Rolling Stock, Mounting Frame, Overhead Voltage Line and Geography.
By Rolling Stock, the market is classified into Electric Locomotives, High-Speed Trains and Metros. The Electric Locomotives contributes largest share of the market.
By Mounting Frame, the market is classified into Under the Floor, Machine Room and Roof. The Underframe mounting contributes largest share of the market.
By Overhead Voltage Line, the market is classified as AC and DC line. The AC overhead line contributes largest share of the market.
By Geography, North America is projected to lead the market.
1) In 2019, the South Australian Government recommenced the operation of trams service in the upgraded section of tram lines between South Terrace and Botanic Gardens to meet the increasing demand for public transport in Australia.
2) In September 2016, ABB Ltd, launched its next-generation traction transformer named Effilight, designed to reduce the weight of on-board components and ensure more energy-efficient rail networks
Some of the companies covered in this report are ABB, Alstom, ALTRAFO, China XD Group, CRRC, Dachi Electric, EMCO, Hind Rectifiers, Hitachi, International BEZ Group, JST transformateurs, Luneng Mount.Tai Electric, Mitsubishi Electric, Wolong Electric etc.
IGR Competitive Quadrant
The report includes IGR Competitive Quadrant, a proprietary tool to analyze and evaluate the position of companies based on their Industry Position score and Market Performance score. The tool uses various factors for categorizing the players into four categories. Some of these factors considered for analysis are financial performance over the last 3 years, growth strategies, innovation score, new product launches, investments, growth in market share, etc.
Why buy this report?
The report offers a comprehensive evaluation of the Global Traction Transformer Market. The report includes in-depth qualitative analysis, verifiable data from authentic sources, and projections about market size. The projections are calculated using proven research methodologies.
The report has been compiled through extensive primary and secondary research. The primary research is done through interviews, surveys, and observation of renowned personnel in the industry.
The report includes in-depth market analysis using Porter’s 5 force model and the Ansoff Matrix. The impact of Covid-19 on the market is also featured in the report.
The report also contains the competitive analysis using IGR Competitive Quadrant, Infogence’s proprietary competitive positioning tool.
A complete analysis of the market, including parent industry
Important market dynamics and trends
Historical, current, and projected size of the market based on value and volume
Market shares and strategies of key players
Recommendations to companies for strengthening their foothold in the market
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