Traction Transformers
Published on: 2024-01-04 | No of Pages : 136 | Industry : Machinery & Equipment
Publisher : HNY Research | Format : PDF&Excel
Traction Transformers
The global Traction Transformers market was valued at 56.17 Million USD in 2021 and will grow with a CAGR of 4.34% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Traction transformer is an electrical device which is used in designing and manufacturing of railway system. It transfers the energy from one circuit to another through electromagnetic induction. It substituted the traction system run by fossil fuels years ago. It acts as an integral part of electric traction system. In terms of technology traction system is divided two major groups, DC (direct current) systems and AC (alternative current) systemsWith advancements in railway infrastructure globally and increasing government investments, thereby driving the market for traction transformer over the forecast period. In addition to this some of the prominent drivers for traction transformer market are factors such as growing use of railways and liberal regulation of railway system. Furthermore, the rapid electrification of rail networks across the globe, demand for traction transformer expected to grow further significantly. On the other hand, factors such as high cost and complex design of the systems may act as a major restraint for the traction transformer market. The growth of high-speed rail networks in developing economies is one of the primary growth factors for this market. The major developing economies in APAC, namely China and India, are increasingly investing in high-speed rail networks. Additionally, large scale projects in the Americas on high-speed rail networks are also underway. The steady growth in high-speed rail networks across the world is expected to fuel the demand for traction transformers.
By Market Verdors
ALSTOM
JST transformateurs
Mitsubishi Electric
Siemens
By Types
15 KV
25 KV
1.5 KV
3 KV
1.2 KV
By Applications
Electric Locomotives
High-Speed Trains
Metros
Key Indicators Analysed
Market Players & Competitor AnalysisThe report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market AnalysisThe report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market TrendsMarket key trends which include Increased Competition and Continuous Innovations.
Opportunities and DriversIdentifying the Growing Demands and New Technology
Porters Five Force AnalysisThe report provides with the state of competition in industry depending on five basic forcesthreat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements
The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Traction transformer is an electrical device which is used in designing and manufacturing of railway system. It transfers the energy from one circuit to another through electromagnetic induction. It substituted the traction system run by fossil fuels years ago. It acts as an integral part of electric traction system. In terms of technology traction system is divided two major groups, DC (direct current) systems and AC (alternative current) systemsWith advancements in railway infrastructure globally and increasing government investments, thereby driving the market for traction transformer over the forecast period. In addition to this some of the prominent drivers for traction transformer market are factors such as growing use of railways and liberal regulation of railway system. Furthermore, the rapid electrification of rail networks across the globe, demand for traction transformer expected to grow further significantly. On the other hand, factors such as high cost and complex design of the systems may act as a major restraint for the traction transformer market. The growth of high-speed rail networks in developing economies is one of the primary growth factors for this market. The major developing economies in APAC, namely China and India, are increasingly investing in high-speed rail networks. Additionally, large scale projects in the Americas on high-speed rail networks are also underway. The steady growth in high-speed rail networks across the world is expected to fuel the demand for traction transformers.
By Market Verdors
ALSTOM
JST transformateurs
Mitsubishi Electric
Siemens
By Types
15 KV
25 KV
1.5 KV
3 KV
1.2 KV
By Applications
Electric Locomotives
High-Speed Trains
Metros
Key Indicators Analysed
Market Players & Competitor AnalysisThe report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market AnalysisThe report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market TrendsMarket key trends which include Increased Competition and Continuous Innovations.
Opportunities and DriversIdentifying the Growing Demands and New Technology
Porters Five Force AnalysisThe report provides with the state of competition in industry depending on five basic forcesthreat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
Key Reasons to Purchase
To gain insightful analyses of the market and have comprehensive understanding of the global market and its commercial landscape.
Assess the production processes, major issues, and solutions to mitigate the development risk.
To understand the most affecting driving and restraining forces in the market and its impact in the global market.
Learn about the market strategies that are being adopted by leading respective organizations.
To understand the future outlook and prospects for the market.
Besides the standard structure reports, we also provide custom research according to specific requirements
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