Global Traction Transformer (Onboard) Market Analysis: By Rolling Stock(Electric & Diesel Locomotives, Tram & High-Speed Trains), By Mounting Position(Overhead, Machine Room, Under Floor), By Voltage Network(AC, DC) & By Geography With COVID-19 Impact | Forecast Period 2017-2030

Market Outlook (2017-2030)

Traction transformers transform energy into speed to move the passengers or freight trains. Being part of the traction chain, they are vital to the performance of train and operator services. The traction transformer is placed either on the roof or underfloor or in the machine room of the train as per the size and phase of the system (single-phase/multi-phase). Extensive research and development in the manufacturing and application of traction transformers in order to increase the speed, flexibility and reliability is majorly driving the growth of the market. The global companies are competing over the advanced technologies to meet the customers demand for its application. Further, the rising construction expenditure by the government on the lines of urbanization and the development of rail infrastructure is augmenting the growth opportunities of the market. The rolling stock manufacturers, maintenance companies and rail network operators are primarily inducing the units of production and type of traction transformers in demand. Goldstein Market Intelligence analyst forecast that the global traction transformer market is set to reach nearly USD 845 billion by 2025, growing at a CAGR of 4.8% over the forecast period (2017-2030).

Global Traction Transformer Market Segmentation

By Rolling Stock

• Electric Locomotives
• Diesel Locomotives
• Tram-Trains
• High-Speed Trains

The electric locomotive segment acquired the largest market share of 41.1% in 2017 and is expected to grow at a CAGR of 5.0% over the forecast period on the back of the fact that the network of the electric locomotive is continuously expanding all over the world.

By Mounting Position

• Overhead
• Machine Room
• Under Floor

By Voltage Network

• AC
• DC

By Geography

• North America (U.S. & Canada)  Traction Transformer (Onboard) Market {Market Share (%), Market Size (USD Billion)}
• Latin America (Brazil, Mexico, Argentina & Rest Of Latin America)  Traction Transformer (Onboard) Market {Market Share (%), Market Size (USD Billion)}
• Europe (The U.K., Germany, France, Italy, Hungary, Spain, Poland, Sweden & Roe)  Traction Transformer (Onboard) Market {Market Share (%), Market Size (USD Billion)}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest Of Asia)  Traction Transformer (Onboard) Market {Market Share (%), Market Size (USD Billion)}
• The Middle East & Africa (GCC, South Africa, North Africa, Romea) Traction Transformer Market {Market Share (%), Market Size (USD Billion)}

Market Share by Region

Based on geography, Europe region accounted for the largest market share of 39.4% in 2017 followed by North America due to the presence of high-speed trains which are fuelling the demand for traction transformers.

Key Market Players

• Our Global traction transformer market report comprises of the following companies as the key players:
• ABB
• Siemens
• Alstom
• Mitsubishi Electric Corporation
• Emco Ltd
• International Electric Co. Ltd
• JST Transformateurs
• Hind Rectifiers Ltd
• Setrans Holding AS
• Wilson Transformer Company

Covered In This Global Traction Transformer Market Report     

The report covers the present ground scenario and the future growth prospects of the traction transformer market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.

Global Traction Transformer Market Outlook 2017-2025, has been prepared based on in-depth market analysis from farm market experts. The report covers the competitive landscape and current position of major players in the global traction transformer market space. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global Traction Transformer Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the farm market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

COVID-19 impact on "Global Traction Transformer (Onboard) Market"

The report analyzes and includes complete detailed chapter of 50-70 pages about the short term & long terms impact of COVID-19 outbreak on each segment of "Global Traction Transformer (Onboard) Market" along with government measures to support the sector. It also showcases the current market landscape during COVID, impact of the virus on leading companies, expected demand schedule and supply chain in the industry and other various major factors. This will help you identify those companies that may benefit from this pandemic as well as those that will lose out.

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Key questions answered in this Global Traction Transformer Market Report

• What is the total market size by 2025 and what would be the expected growth rate of the market?
• What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
• What are the key market trends?
• What are the factors which are driving this market?
• What are the major barriers to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities for the existing and entry-level players?
• What are the recent developments and business strategies of the key players?

Reasons to buy this market study

• Facilitate decision-making based on strong historic and forecast data for global traction transformer market
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• Position yourself to gain the maximum advantage of the global traction transformer market’s growth potential
• Identify key partners and business development avenues across the globe
• Respond to your competitors’ business structure, strategy, and prospects