The US' Railway Traction Motor Market (2022-2027) by Type, Application, and Power Rating, IGR Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis

The US' Railway Traction Motor Market (2022-2027) by Type, Application, and Power Rating, IGR Competitive Analysis, and the Impact of Covid-19 with Ansoff Analysis


The US' Railway Traction Motor Market is estimated to be USD 6.34 Bn in 2022 and is expected to reach USD 8.42 Bn by 2027, growing at a CAGR of 5.83%.

Market Dynamics

Market dynamics are forces that impact the prices and behaviors of the US' Railway Traction Motor Market stakeholders. These forces create pricing signals which result from the changes in the supply and demand curves for a given product or service. Forces of Market Dynamics may be related to macro-economic and micro-economic factors. There are dynamic market forces other than price, demand, and supply. Human emotions can also drive decisions, influence the market, and create price signals.
As the market dynamics impact the supply and demand curves, decision-makers aim to determine the best way to use various financial tools to stem various strategies for speeding the growth and reducing the risks.

Market Segmentations

The US' Railway Traction Motor Market is segmented based on Type, Application, and Power Rating.
By Type, the market is classified into DC Traction Motor, AC Traction Motor, and Synchronous AC Traction Motor.
By Application, the market is classified into Diesel Locomotive, Electric Multiple Units, Electric Locomotives, and Diesel-Electric Locomotive.
By Power Rating, the market is classified into Below 200 kW, 200-400 kW, and Above 400 Kw.

Company Profiles

The report provides a detailed analysis of the competitors in the market. It covers the financial performance analysis for the publicly listed companies in the market. The report also offers detailed information on the companies' recent development and competitive scenario. Some of the companies covered in this report are Electric Motor Services, Inc., Hitachi, Ltd, Johnson Electric Holdings Limited, Mitsubishi Electric Corporation, Schaeffler Technologies AG & Co. KG, Siemens AG, Toshiba Corporation, 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.

Ansoff Analysis

The report presents a detailed Ansoff matrix analysis for the US' Railway Traction Motor Market. Ansoff Matrix, also known as Product/Market Expansion Grid, is a strategic tool used to design strategies for the growth of the company. The matrix can be used to evaluate approaches in four strategies viz. Market Development, Market Penetration, Product Development and Diversification. The matrix is also used for risk analysis to understand the risk involved with each approach.
Infogence Global Research analyses the US' Railway Traction Motor Market using the Ansoff Matrix to provide the best approaches a company can take to improve its market position.
Based on the SWOT analysis conducted on the industry and industry players, Infogence Global Research has devised suitable strategies for market growth.

Why buy this report?

  • The report offers a comprehensive evaluation of the US' Railway Traction Motor 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 an in-depth market analysis using Porter's 5 forces model and the Ansoff Matrix. In addition, the impact of Covid-19 on the market is also featured in the report.
  • The report also includes the regulatory scenario in the industry, which will help you make a well-informed decision. The report discusses major regulatory bodies and major rules and regulations imposed on this sector across various geographies.
  • The report also contains the competitive analysis using IGR Positioning Quadrants, Infogence's Proprietary competitive positioning tool.
Report Highlights:
  • A complete analysis of the market, including parent industry
  • Important market dynamics and trends
  • Market segmentation
  • 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

Companies Mentioned

ABB Group
Alstom SA
American Traction Systems
CG Power and Industrial Solutions Limited
Electric Motor Services, Inc.
HaslerRail AG
Hatch and Kirk, Inc
Hitachi, Ltd
Johnson Electric Holdings Limited
L & S Electric, Inc.
Lynch Motor Company Ltd
Mitsubishi Electric Corporation
Schaeffler Technologies AG & Co. KG
Sherwood Electromotion Inc.
Siemens AG
Toshiba Corporation
Traktionssysteme Austria GmbH
VEM Group

1 Report Description
1.1 Study Objectives
1.2 Market Definition
1.3 Currency
1.4 Years Considered
1.5 Language
1.6 Key Stakeholders
2 Research Methodology
2.1 Research Process
2.2 Data Collection and Validation
2.2.1 Secondary Research
2.2.2 Primary Research
2.2.3 IGR Models
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Assumptions of the Study
2.5 Limitations of the Study
3 Executive Summary
3.1 Introduction
3.2 Market Size, Segmentations and Outlook
4 Market Dynamics
4.1 Drivers
4.1.1 Incorporation of Traction Motors in Railway Engines
4.1.2 Development of Traction Motor for Zero Emission
4.1.3 Low Maintenance Cost of New Launched Electric Traction Motors
4.1.4 Increasing Electric Railways
4.1.5 Increase in Allocation of Budget for Development of Railways
4.2 Restraints
4.2.1 Volatility of Raw Material Prices, Especially Copper
4.2.2 High Investment Cost
4.3 Opportunities
4.3.1 Market Players are Engaged in Strategic Joint Venture
4.3.2 Technological Advancements
4.4 Challenges
4.4.1 Motor Failure due to Overheating
5 Market Analysis
5.1 Regulatory Scenario
5.2 Porter's Five Forces Analysis
5.3 Impact of COVID-19
5.4 Ansoff Matrix Analysis
6 US' Railway Traction Motor Market, By Type
6.1 Introduction
6.2 DC Traction Motor
6.3 AC Traction Motor
6.4 Synchronous AC Traction Motor
7 US' Railway Traction Motor Market, By Application
7.1 Introduction
7.2 Diesel Locomotive
7.3 Electric Multiple Units
7.4 Electric Locomotives
7.5 Diesel-Electric Locomotive
8 US' Railway Traction Motor Market, By Power Rating
8.1 Introduction
8.2 Below 200 kW
8.3 200-400 kW
8.4 Above 400 Kw
9 Competitive Landscape
9.1 IGR Competitive Quadrant
9.2 Market Share Analysis
9.3 Strategic Initiatives
9.3.1 M&A and Investments
9.3.2 Partnerships and Collaborations
9.3.3 Product Developments and Improvements
10 Company Profiles
10.1 ABB Group
10.2 Alstom SA
10.3 American Traction Systems
10.4 CG Power and Industrial Solutions Limited
10.5 Electric Motor Services, Inc.
10.6 HaslerRail AG
10.7 Hatch and Kirk, Inc
10.8 Hitachi, Ltd
10.9 Johnson Electric Holdings Limited
10.10 L & S Electric, Inc.
10.11 Lynch Motor Company Ltd
10.12 Mitsubishi Electric Corporation
10.13 Schaeffler Technologies AG & Co. KG
10.14 Sherwood Electromotion Inc.
10.15 Siemens AG
10.16 Toshiba Corporation
10.17 Traktionssysteme Austria GmbH
10.18 VEM Group
11 Appendix
11.1 Questionnaire

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