Market Research Future published a half-cooked research report on Global Traction Transformer Market. The Traction Transformer Market is expected to expand at ~ 5.00% CAGR during the period 2018 to 2023.
Traction transformer is an electrical device that transforms energy from one circuit to another. It feeds power to the traction motor. It acts as an integral part of traction system in rolling stock such as locomotives, high speed trains, and metro trains, among others. The traction transformer system is divided into two categories such as AC traction transformer and DC traction transformer.
Based on rolling stock, the market is segmented as electric locomotives, high speed trains, and metros. Electric locomotive segment is estimated to dominate the market during the forecast period due to the rising population, growing demand for rail transportation, and increasing preference for moving goods by rail over road transport. Considering the mounting position, the market is segmented into underframe, machine room, and roof. Underframe mounting segment is expected to lead the Traction Transformer Market in 2018 due to the increased space for passenger capacity and improved comfort level of passenger.
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The Global Traction Transformer Market is expected to grow at ~ 5.00% CAGR during the forecast period.
Market Research Analysis
Asia Pacific is estimated to be the fastest growing market for traction transformer
Region wise, Asia Pacific held the largest market share of the Global Traction Transformer Market in 2017. It is estimated that Asia-Pacific region would be the fastest growing market during the forecast period, mainly due to the rising population leading to increased connectivity across the region. Moreover, the increasing investment in high-speed rail network, development of new lines, and expansion of existing rail networks are driving the demand for traction transformers in this region.
Scope of the Report
This report provides an in-depth analysis of the Global Traction Transformer Market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Traction Transformer Market by its mounting position, overhead line voltage, rolling stock, and region.
By Mounting Position
By Overhead Line Voltage
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By Rolling Stock
High Speed Trains
Middle East & Africa
The key players of the global traction transformer market are Wilson Transformer Company (Australia), International Electric Co., Ltd. (South Korea), EMCO Limited (India), Mitsubishi Electric Corporation (Japan), Alstom SA (France), ABB Ltd (Switzerland), JST Transformateurs (France), Siemens AG (Germany), Sunten Electric (China), and Setrans Holding AS (France), among others.
TABLE OF CONTENTS
1. EXECUTIVE SUMMARY
2. MARKET INTRODUCTION
3. RESEARCH METHODOLOGY
4. MARKET DYNAMICS
5. GLOBAL TRACTION TRANSFORMER MARKET, BY MOUNTING POSITION
6. GLOBAL TRACTION TRANSFORMER MARKET, BY OVERHEAD LINE VOLTAGE
7. GLOBAL TRACTION TRANSFORMER MARKET, BY ROLLING STOCK
8. GLOBAL TRACTION TRANSFORMER MARKET, BY REGION
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