DUBLIN--(BUSINESS WIRE)--The "Railway Traction Motor Market by Type and by Application - Global Opportunities Analysis and Industry Forecast, 2017-2025" report has been added to ResearchAndMarkets.com's offering.
The global railway traction motor market is expected to reach $41.63 billion in 2025, from $30.28 billion in 2016, growing at a CAGR of 3.8% from 2017 to 2025.
Railway traction motors are series-wound brushed DC motors, usually running on approximately 600 Volts. The availability of high-powered semiconductors (such as thyristors and the IGBT) have made the use of much simpler, higher-reliability AC induction motors known as asynchronous traction motors possible. The substantial improvement of the railroads in the twentieth century is connected to the electrification of the rail route lines. Traditionally, railways ran on steam motors. Several nations have adopted railroads electrification, monorail systems, and metros. With the progress in the railroads technologies, and change in vehicular emission restrictions forced on transportation systems across the systems, the progress of the railway traction motor market is expected in future.
The market is segmented by type, application, and geography. Furthermore, by type of system, it includes direct current traction motor, alternating current traction motor, and synchronous alternating current traction motor. By type of application, it is classified into diesel locomotives, electric multiple units, electric locomotives, and diesel-electric locomotives. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
- Aisin Seiki Co. Ltd.
- Sulzer Ltd.
- Hyundai Rotem Company
- Mitsubishi Electric Corporation
- Saini Group
- VEM Gruppe
Key Topics Covered:
1. Executive summary
3. Market landscape
4. Global Railway Traction Motor Market by Type
5. Global Railway Traction Motor Market by Applications
6. Global Railway Traction Motor Market by Geography
7. Company profiles
For more information about this report visit https://www.researchandmarkets.com/research/5srnpc/global_railway?w=4