Global Traction Transformers Market 2017-2021

ABSTRACT
About Traction Transformers

Traction transformers are special application transformers that are integral to the electric traction system. It converts the supplied electrical energy into usable electrical energy, to power electric motors within a locomotive engine, high-speed trains, and trams to generate motive force.

Technavio’s analysts forecast the global traction transformers market to grow at a CAGR of 5.74% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global traction transformers market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Traction Transformers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ABB
• ALSTOM
• JST transformateurs
• Mitsubishi Electric
• Siemens


Other prominent vendors
• ALTRAFO
• CRRC
• EMCO
• Hind Rectifiers
• Hitachi
• International BEZ Group
• International Electric power
• KONČAR - Electrical Industry
• SETRANS HOLDING
• Skoda Transportation
• Wabtec Corporation (Brush Traction)

Market driver
• Growth of high-speed rail networks in developing economies
• For a full, detailed list, view our report

Market challenge
• Lack of private sector participation
• For a full, detailed list, view our report

Market trend
• Growing inclination toward public transportation
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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Frequently Asked Questions



This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.

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