The liberalization in the rail transport market, increasing government funding, and the growing environmental concerns are the driving factors for the growth of the traction transformer market. The traction transformer market was valued at USD 528.0 Million in 2015 and is expected to grow at a CAGR of 4.6% between 2016 and 2022. The base year considered for study is 2015 and the forecast period is considered for the period between 2016 and 2022. The objective of the report is to provide a detailed analysis of the traction transformer market based on rolling stock, mounting position, overhead line voltage, and geography.

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The report provides detailed information regarding the major factors influencing the growth of the traction transformer market. The report also gives a detailed overview of the value chain of the traction transformer market and analyzes the market trends on the basis of the Porter's five forces analysis.

The research methodology used to estimate and forecast the traction transformer market begins with obtaining data on key vendor revenues through secondary research such as Association of the European Railway Industry (UNIFE), International Union of Public Transport (UITP), International Union of Railways (UIC), Railway Industry Association (FIF), Community of European Railway & Infrastructure Companies (CER), Railway Industry Association (RIA), National Association of Railway Transport (ANTF) (U.S.), and leading players’ annual reports and whitepapers. The vendor offerings have also been taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global traction transformer market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews of people holding key positions in the industry such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The breakdown of the profiles of primaries has been depicted in the figure given below.

Traction Transformer (Onboard) Market

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The traction transformer ecosystem comprises component providers, OEMs, system integrators, train manufacturers, and rail network operators. The players involved in the development of traction transformer include ABB Ltd. (Switzerland), Alstom SA (France), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), and JST Transformateurs (France), among others. The BS EN 50163: 2004, IEC 60850:2014, IEC 60310, and International Railway Industry Standard (IRIS) are among the major regulatory standards for the traction transformers.

Target Audience of the Report:


Government bodies, venture capitalists, and private equity firms
Manufacturers of components such as traction motors, drives, rectifiers, and other instruments
Rolling stock manufacturers
Rolling stock maintenance companies
Rail network operators
Research institutes, associations, and organizations
Traction transformer manufacturers

This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years for prioritizing efforts and investments.

Scope of the Report:

In this research report, the global traction transformer market has been segmented on the basis of rolling stock, mounting position, overhead line voltage, and geography.

Traction Transformer Market, by Rolling Stock:

Electric Locomotives
Freight Locomotives
Passenger Locomotives
High-speed Trains
Metros

Traction Transformer Market, by Mounting Position:

Underframe
Machine Room
Roof

Traction Transformer Market, by Overhead Line Voltage:

AC
1.2 KV
15 KV
20 KV
25KV
DC
0.75 KV
1.5KV
3 KV

Traction Transformer Market, by Geography:

North America
Europe
Asia-Pacific (APAC)
Rest of the World (RoW)

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the companies’ specific needs. The following customization options are available for the report:

Company Information:

Detailed analysis and profiling of additional market players (up to five)
Detailed analysis of electric multiple units (EMUs)

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