Global Traction Transformer Market Size is estimated to expand rapidly in coming years, at a CAGR of 4.2 % from 2018 to 2025. In 2017, the global market valuation was USD 0.46 billion, and it is anticipated to be greater than USD xx.xx billion by 2025. Traction transformers are always designed and produced according to a particular railway system and focused on comprehensive variables. Traction systems can be split into two main groups, alternating current and direct present systems. The lucrative pace of rail infrastructure growth in a large number of countries around the globe and increased supply for quicker transportation channels have helped the industry change direction over the years. In addition, favorable government policies, including financing to create better infrastructure, are projected to promote the application of this machinery, which in addition will assist enhance the operating capacities of railway infrastructure across several nations over the forecast period. Geographically, Asia Pacific region has expected to grow at higher CAGR and will maintain its dominance throughout the period.

Global Market Growth Opportunities (Revenue, Growth) By 2017-2025

This global market study report analysis offers in-depth insights, revenue details, and other vital information regarding the global traction transformer market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global traction transformer market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.

Segment Analysis

By Voltage Network Insights: On the basis of voltage network, global traction transformer market has been segmented into Alternative Current systems, Direct Current systems. Among which AC systems represented highest growth in the global market of traction transformer. Increasing awareness of the need to turn to power-efficient goods as a manner to reduce the financial and environmental damage induced by obsolete techniques leads to enhanced demand for Inverter-type machinery globally.

By Rolling Stock Insights: On the basis of rolling stock, global traction transformer market has been segmented into electric locomotives, metros, high-speed trains, and others. Electric locomotives are dominating the global market as railway infrastructure is continuously developing in the world. This trend is caused by an increase in supply for traction transformers in the section of electric locomotives over the corresponding period.

Regional Analysis

The traction transformer market is divided into regions that are North America - U.S, Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe - UK, Russia, France, Brazil, Other; Middle East and Africa. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. In terms of region, Asia Pacific region is expected to witness high growth in the market in the forecast period. This development can be ascribed to increased government investment and favorable laws directed at creating sophisticated railway infrastructure in the region.

North America is expected to witness high growth in the upcoming time span. Rail infrastructure in developing and developed economies across the region has experienced the emergence of high-speed and subway railways over the years thanks to constant electrification of domestic railroads. Europe is anticipated to dominate the global traction transformer market over the projected period. Countries in the region are at the center of the application of electric urban fast transport rail systems.

Global Traction Transformer Market Size, Share Analysis by Region 2017

Global Traction Transformer Market Study Objective

1. To forecast the market size of traction transformer market, along with describing and defining the market, in terms of volume and revenue as well as market opportunities for stakeholders, in order to provide a competitive landscape for global market players.

2. Market analysis and forecast of traction transformer market on the basis of region, substrate, and application or end-use industry. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

3. To analyze and elaborate significant factors that will have a major impact on the growth of traction transformer market, such as drivers, restraints, challenges, and opportunities.

4. The regional analysis of traction transformer market, to induce market size of five global major regions, which include, Europe, North America, South America, Middle East & Africa, and the Asia Pacific.

5. Strategic analysis of micro-markets, in terms of individual prospects, opportunities, growth trends and their involvement in the overall market.

6. To provide detailed analysis of competitive and strategic developments in the traction transformer market like a new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

Key Players Landscape

ABB, Alstom, Siemens, and EMCO Limited are some of the key players in the market of traction transformer.

Global Traction Transformer Market Study Report Offer You!

The global traction transformer market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end-user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The global market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.