A traction transformer (onboard) is a transformer used in the rolling stock. Traction transformers are crucial components in the traction chain, affecting the train performance as well as operator services. These transformers can be mounted on the roof of the rolling stock, machine rooms of the rolling stock, and under the rolling stock. These rolling stocks include high-speed trains, electric locomotives, and metros. Traction transformers receive power supply from the overhead catenary line which can be either AC or DC power lines. The traction transformer market is expected to be valued at USD 724.2 Million by 2022, growing at a CAGR of 4.6% between 2016 and 2022. The factors driving the growth of the market include the significant government funding for rail infrastructure development, shift toward low carbon rail transport, and liberalization of rail transport network.

The traction transformer market is expected to be valued at USD 724.2 Million by 2022, growing at a CAGR of 4.6% between 2016 and 2022. The growth of this market is propelled by the increased government spending for the rail infrastructure development, shift toward low carbon rail transport, and liberalization of the rail transport network.

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ABB Ltd. (Switzerland), Alstom SA (France), JST Transformateurs (France), Mitsubishi Electric Corporation (Japan), and Siemens AG (Germany) are some of the leading players in the traction transformer market. New product launches, contracts, agreements, and acquisitions are some of the key strategies adopted by the major players to gain a competitive edge in the market.

ABB Ltd. (Switzerland) is the leading player in the traction transformer market. The company is known for its wide product portfolio. It offers a range of traction transformers for electric locomotives, high-speed trains, and electric multiple units (EMUs). These transformers are suitable for installation in the machine room, on the roof, or under the floor of the train. Some of the high-speed train manufacturers such as Alstom SA (France), AnsaldoBreda S.p.A. (Italy), Bombardier Transportation (Canada), CAF (Spain), Ministry of Railways (China), Siemens Mobility (Germany), and Talgo (Spain) are the key customers of ABB’s traction transformers. The company has signed various contracts with rail operators and train manufacturers to supply traction transformers. For instance, in November 2016, ABB Ltd. signed a contract with Alstom SA (France). In addition, in May 2015, ABB Ltd. signed a contract with Stadler Rail AG (Switzerland) to supply traction transformers which are to be installed in 90 trains to expand the rail networks of Switzerland, Luxembourg, and the Netherlands.

Alstom SA (France) is one of the leading providers of traction transformers. It is well known for the development and manufacturing of rail transport equipment, systems, and services for urban, suburban, regional passenger, and freight transportation. The company’s onboard traction transformers are used in various trains such as high-speed, very high-speed, and freight and passenger locomotive trains. The company has a wide geographical presence and a wide product portfolio of traction transformers. Alstom has customers in more than 60 countries. Alstom specializes in developing liquid-filled traction transformers according to the requirement of the customers. The company follows innovation and operational excellence as a key strategy to achieve growth in the market.

The other companies operating in the traction transformer market include Emco Limited (India), Hind Rectifiers Limited (India), International Electric Co., Ltd. (South Korea), Setrans Holding AS (France), and Wilson Transformer Company (Australia).

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