Traction Transformers Market Size, Trends, Growth and Forecast Till 2027

IMARC Group, a leading market research company, has recently releases report titled “Traction Transformers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” The study provides a detailed analysis of the industry, including the global traction transformers market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

Report Highlights

How Big is the Traction Transformers Market?

What are Traction Transformers?

A traction transformer is extensively used to transfer energy from one circuit to another using electromagnetic induction. It is one of the crucial elements of the electric traction mechanism that consist of alternating current (AC) and direct current (DC) systems. The electronic device helps in significantly reducing the operating costs, providing higher power output, and are comparatively lighter in weight than the traditional variants. As a result, they are largely used in high-speed and passenger trains, metro rails, and locomotives.

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What Are the Growth Prospects and Trends in the Traction Transformers Market?

The increasing demand for traction transformers on account of the electrification of rail networks across the globe is one of the key factors primarily driving the market growth. Apart from this, rapid advancements in the railway sector and the increasing use of traction transformer in traditional and high-speed trains are some other growth-inducing factors. Moreover, the government initiatives to strengthen the railway sector is creating a positive outlook for the market.

Who Are the Key Players Operating in the Traction Transformers Industry?

The competitive landscape of the industry has also been examined with some of the key players.

• ABB Ltd.
• Alstom SA
• EMCO Limited
• Hind Rectifiers Ltd.
• International Electric Co., Ltd.
• JST Transformateurs
• Schneider Electric SA
• Setrans Holding AS
• Siemens AG
• Wilson Transformer Company

What is Included in Market Segmentation?

The report has categorized the market based on type, rolling stock, mounting position and overhead line voltage.

Breakup by Type:

• Tap Changing

• Tapped
• Rectifier

Breakup by Rolling Stock:

• Electric Locomotives
• High-Speed Trains
• Metros
• Others

Breakup by Mounting Position:

• Underframe
• Machine Room
• Roof

Breakup by Overhead Line Voltage:

• Alternative Current (AC) Systems
• Direct Current (DC) Systems

Breakup by Region:

• North America (United States, Canada)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, South Africa, Others)

Key Highlights of the Report:  

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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