DUBLIN--(BUSINESS WIRE)--The "Traction Transformers Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global traction transformers market is currently witnessing a healthy growth. Looking forward, the publisher expects the market to expand at a CAGR of 4.5% during 2020-2025.
The growth of the high-speed rail sector and significant advancements in railway infrastructure are among the key factors driving the growth of the market. Furthermore, the rapid electrification of rail networks is expected to increase the demand for traction transformers across the globe.
The governments of emerging nations are implementing favorable policies to improve the existing transportation facilities and optimize rail systems. Widespread adoption of traction transformers in both traditional and next-generation locomotives to support faster-commuting networks, the rapidly increasing number of passengers and diversifying travel routes are further driving the product demand.
In addition to this, growing awareness regarding the utilization of energy-efficient products for reducing the environmental damage caused by outdated technologies is resulting in the increasing adoption of AC transformers worldwide. Also, since these transformers are not dependent on conventional sources of energy, such as crude oil and coal, they offer an eco-friendly and convenient solution.
Other factors, including innovations to develop equipment with minimal noise, carbon emissions, power losses and operating costs, are projected to create a positive outlook for the market.
The competitive landscape of the industry has also been examined with some of the key players being 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, etc.
Key Questions Answered
- How has the global traction transformer market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the rolling stock?
- What is the breakup of the market based on the mounting position?
- What is the breakup of the market based on the overhead line voltage?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the market?
- What is the structure of the global traction transformer market and who are the key players?
- What is the degree of competition in the market?
Key Topics Covered
2 Scope and Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global Traction Transformer Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Type
6.1 Tap Changing
7 Market Breakup by Rolling Stock
7.1 Electric Locomotives
7.2 High-Speed Trains
8 Market Breakup by Mounting Position
8.2 Machine Room
9 Market Breakup by Overhead Line Voltage
9.1 Alternative Current (AC) Systems
9.2 Direct Current (DC) Systems
10 Market Breakup by Region
10.1 North America
10.3 Asia Pacific
10.4 Latin America
10.5 Middle East and Africa
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 ABB Ltd.
188.8.131.52 Company Overview
184.108.40.206 Product Portfolio
220.127.116.11 SWOT Analysis
15.3.2 Alstom SA
15.3.3 EMCO Limited
15.3.4 Hind Rectifiers Limited
15.3.5 International Electric Co. Ltd.
15.3.6 JST Transformateurs
15.3.7 Schneider Electric SA
15.3.8 Setrans Holding AS
15.3.9 Siemens AG
15.3.10 Wilson Transformer Company
For more information about this report visit https://www.researchandmarkets.com/r/3h0or6