Traction Transformer Market Size Share Growth and Forecast 2023-2031

Traction Transformer Market Size, Share, Industry, Forecast and outlook (2023-2030)

<h2>Global&nbsp;Traction Transformer&nbsp;Market is segmented By Voltage network (AC, DC), By Rolling Stock (High-speed locomotives, Trams, Metros, Electric Multiple Units),&nbsp;By Mounting Type (Over the roof, Under the floor, Machine Room), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) &ndash; Share, Size, Outlook, and Opportunity Analysis, 2023-2030</h2>

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<h3>Traction Transformer&nbsp;Market Report&nbsp;Overview</h3>

<blockquote>
The Traction Transformer market report provides an analysis of the market shares, size, recent trends, future market outlook, and competitive intelligence. The demand for Traction Transformers is increasing due to the rising demand for rail electrification and the need for more efficient and sustainable transportation solutions. The market is witnessing a surge in demand from the Asia-Pacific region. The competitive rivalry is intensifying with major players such as ABB, Alstom, Siemens, and others actively operating in the market.
</blockquote>

Traction Transformers are large single-phase transformers fitted in locomotives to feed power to traction motors and other auxiliaries. It is an integral part of an electric traction system in the vehicle and helps in the smooth movement of motors used in locomotives, high-speed trains, and trams.&nbsp;

<h3>Traction Transformer&nbsp;Market&nbsp;Scope</h3>

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			Metrics
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			Details
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			Market&nbsp;CAGR
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			&nbsp;High
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			Segments Covered
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			By Voltage network,&nbsp;By Rolling Stock,&nbsp;By Mounting Type, and By Region
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			Report Insights Covered
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			Competitive Landscape Analysis, Company Profile Analysis, Market Size, Share, Growth, Demand, Recent Developments, Mergers and acquisitions, New Product Launches, Growth Strategies, Revenue Analysis, and Other key insights.
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			Fastest Growing Region
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			Asia Pacific
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			Largest Market Share&nbsp;
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			North America
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<h3>Traction Transformer&nbsp;Market Dynamics</h3>

High urbanization rates, demand for high-speed commuting, favorable government initiatives in providing better public transportation facilities, and the need for the conservation of fossil fuels are the major factors driving the traction transformer market.&nbsp;

Growing urbanization rates is a major factor boosting the growth of the railway industry. According to the statistics published by the World Bank, the global urbanization rate increased steadily from 54.38% in 2016 to 54.83% in 2017 finally reaching 55.28% by 2018. Thus, the rising number of rail projects is translating into the increased adoption and implementation of traction transformers on a large scale. The growing urbanization rates have led to the development of smart cities across the world and this is a major attributing factor for the growth of high-speed commuting networks in cities.&nbsp;Owing to these factors, the global traction transformer market is anticipated to grow at a healthy pace in the future.&nbsp;

Initiatives taken by many manufacturers in substituting conventional technology with power train technology are expected to create huge market opportunities for manufacturers and suppliers operating in the traction transformer market.&nbsp;

However, in the forecast period, the market growth might be impacted by critical factors such as Sudden voltage drops, performance degradations, and inadequate power supply.&nbsp;

<h3>Traction Transformer&nbsp;Market Segmentation</h3>

Based on the rolling stock, the market is segmented as trams, high-speed locomotives, metros, and electric multiple units.&nbsp;

High-speed locomotives are the dominant segment of the global traction transformer market owing to the rapid evolution of the global railway sector. According to the international energy agency, three-quarters of passenger rail transport activity takes place on electric trains, which is an increase from 60% in 2000 - the rail sector is the only mode of&nbsp;transport that is widely electrified today. Around 600 billion passenger kilometers are traveled by high-speed rail every year compared with 3 100 billion by conventional rail. With more than sevenfold growth since 2000, high-speed rail has been the main area of infrastructure growth in the global rail network, reaching close to 68 000 track kilometers in 2017. Two-out-of-three high-speed rail tracks are in China, which starting from virtually zero only a decade ago has built over 41 000 kilometers of high-speed rail tracks. The speed and size of this achievement place it among the largest infrastructure projects of recent years which are expected to augment the growth of the market in the forecast period.&nbsp;

<h3>Traction Transformer&nbsp;Market Geographical Analysis</h3>

The Global Traction Transformer Market is segmented into North America, Europe, Asia Pacific, South America, and Middle East, and Africa.&nbsp;

The European region is further dominated by countries such as the UK, Germany, Italy, Spain, France, and the Rest of Europe. The European region is the dominant region of the global traction transformer market owing to the highly developed railway infrastructure facilities and rapid adoption of electrification of railway networks in this region. According to the statistics published by the European Union Statistics Division, passenger transport by rail in the EU continued its growth in 2017 for the fifth successive year. In 2017, rail passenger transport in the EU was estimated at 465 billion passenger kilometers, up 3 % from 2016. Steady growth was observed between 2013 and 2017, with a growth in each quarter of these five years compared with the same quarter of the previous year. All in all, fifteen of the EU-28 Member states reported increases in passenger transport (in the number of passengers) between 2016 and 2017. The largest increases were recorded in Romania, Slovakia, and Luxembourg. Major companies in this market such as ABB, Schneider Electric, and Siemens operate from the European Union as their main base.&nbsp;

Companies are incorporating competitive strategies such as new product launches and technological advancements to contribute improve the overall market share and remain competitive in the market. For instance, in May 2019, St&auml;ubli Electrical Connectors upgraded its MPC range of rail industry modular power connectors as part of its process of continuous improvement. With ratings of 3600 V and up to 700 A, the units can be used for connecting transformers, traction motors, inverters, and batteries as well as power links between carriages which are expected to provide a boost to the European traction transformer market in the future.&nbsp;

<h3>Traction Transformer Companies and Competitive Landscape</h3>

New product launches, expansion of facilities, mergers, and acquisitions, and strategic partnerships are vital strategies adopted by most companies to contribute to the growth of the company and improve their market growth rate.&nbsp;

In December 2017, Mitsubishi Electric Corporation announced today that it will be the first Japanese company to supply the French National Railways (SNCF) with prototype traction transformers for the Z2N commuter train operating in Paris and its suburbs and T4 tram-trains also operating in the Parisian suburbs.

In November 2017, Swiss engineering group ABB said on Tuesday that it will expand its traction transformer business in India to drive competitiveness. ABB has announced a strategic realignment of its global transformer manufacturing, engineering, and service footprint to enhance competitiveness in a dynamic market environment marked by increasing competition and consolidation in the rail industry.

<h2 style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">Table of Contents</h2>

1. Methodology and Scope

1.1 Research methodology

1.2 Research Objective and Scope of the Report

2. Market Definition and Overview

3. Executive Summary

3.1 Market Snippet by Voltage network

3.2 Market Snippet by Rolling Stock

3.3 Market Snippet by Mounting type

3.4 Market Snippet by Region

4. Market Dynamics

4.1 Market Impacting Factors

4.2 Drivers

4.2.1 Increasing global urbanization rates

4.2.2 Demand for high speed commuting network

4.3 Restraints

4.3.1 Sudden voltage drops and performance degradation

4.3.2 Inadequate power supply

4.4 Opportunities

4.5 Impact Analysis

5. Industry Analysis&nbsp;

5.1 Porter&#39;s Five Forces Analysis&nbsp;

5.2 Regulatory Analysis

6. by Voltage network

6.1 Introduction&nbsp;

6.1.1&nbsp;Market Size Analysis, and Y-o-Y Growth Analysis (%), by Voltage network

6.1.2 Market Attractiveness Index, by Voltage network

6.2 AC

6.2.1 Introduction

6.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%)

6.3 DC

7. By Rolling Stock

7.1 Introduction&nbsp;

7.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Rolling Stock

7.1.2 Market Attractiveness Index, by Rolling Stock

7.2 High speed locomotives

7.2.1 Introduction

7.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%)

7.3 Trams

7.4 Metros

7.5 Electric Multiple Units

8. By Mounting Type

8.1&nbsp;Introduction&nbsp;

8.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Mounting Type

8.1.2 Market Attractiveness Index, by Mounting Type

8.2 Over the roof

8.2.1 Introduction

8.2.2 Market Size Analysis, and Y-o-Y Growth Analysis (%)

8.3 Under the floor

8.4 Machine Room

9. By Region

9.1 Introduction&nbsp;

9.1.1 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Region

9.1.2 Market Attractiveness Index, By Region

9.2 North America

9.2.1 Introduction

9.2.2 Key Region-Specific Dynamics

9.2.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Voltage network

9.2.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Rolling Stock

9.2.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Mounting Type

9.2.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countries&nbsp;

9.2.6.1 U.S.

9.2.6.2 Canada

9.2.6.3 Mexico

9.3 Europe

9.3.1 Introduction

9.3.2 Key Region-Specific Dynamics

9.3.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Voltage network

9.3.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Rolling Stock

9.3.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Mounting Type

9.3.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Countries&nbsp;

9.3.6.1 Germany

9.3.6.2 U.K.

9.3.6.3 France

9.3.6.4 Italy

9.3.6.5 Spain

9.3.6.6 Rest of Europe

9.4 South America

9.4.1 Introduction

9.4.2 Key Region-Specific Dynamics

9.4.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Voltage network

9.4.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Rolling Stock

9.4.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Mounting Type

9.4.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Countries&nbsp;

9.4.6.1 Brazil

9.4.6.2 Argentina

9.4.6.3 Rest of South America

9.5 Asia Pacific

9.5.1 Introduction

9.5.2 Key Region-Specific Dynamics

9.5.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Voltage network

9.5.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Rolling Stock

9.5.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Mounting Type

9.5.6 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Countries&nbsp;

9.5.6.1 China

9.5.6.2 India

9.5.6.3 Japan

9.5.6.4 Australia

9.5.6.5 Rest of Asia Pacific

9.6 Middle East and Africa

9.6.1 Introduction

9.6.2 Key Region-Specific Dynamics

9.6.3 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Voltage network

9.6.4 Market Size Analysis, and Y-o-Y Growth Analysis (%), by Rolling Stock

9.6.5 Market Size Analysis, and Y-o-Y Growth Analysis (%), By Mounting Type

10. Competitive Landscape

10.1 Competitive Scenario

10.2 Competitor Strategy Analysis

10.3 Comparative Product Portfolio Analysis

10.4 Market Positioning/Share Analysis

10.5 Mergers and Acquisitions Analysis

11. Company Profiles

11.1 ABB

11.1.1 Company overview

11.1.2 Product portfolio and description

11.1.3 Key highlights

11.1.4 Financial overview

11.2 Alstom

11.3 Altrafo Trasformatori

11.4 Siemens

11.5 Brush Traction

11.6 Avago technologies

11.7 Schenider Electric

11.8 SPX Transformer

11.9 EMCO Ltd

12. DataM Intelligence

12.1 Appendix

12.2 List of Tables and Figures

12.3 About Us and Services

12.4 Contact Us

<h2 style="background:#eeeeee; border:1px solid #cccccc; padding:5px 10px">List of Tables &amp; Figures</h2>

<h3>List of Tables</h3>

Table 1&nbsp;Global Traction Transformer Market Value, By Voltage Network, 2022, 2026 &amp; 2030 (US Million)

Table 2&nbsp;Global Traction Transformer Market Value, By Rolling Stock, 2022, 2026 &amp; 2030 (US Million)

Table 3&nbsp;Global Traction Transformer Market Value, By Mounting Type, 2022, 2026 &amp; 2030 (US Million)

Table 4&nbsp;Global Traction Transformer Market Value, By Region, 2022, 2026 &amp; 2030 (US Million)

Table 5&nbsp;Global Traction Transformer Market Value, By Voltage Network, 2022, 2026 &amp; 2030 (US Million)

Table 6&nbsp;Global Traction Transformer Market Value, By Voltage Network, 2017-2030 (US Million)

Table 7&nbsp;Global Traction Transformer Market Value, By Rolling Stock, 2022, 2026 &amp; 2030 (US Million)

Table 8&nbsp;Global Traction Transformer Market Value, By Rolling Stock, 2017-2030 (US Million)

Table 9&nbsp;Global Traction Transformer Market Value, By Mounting Type, 2022, 2026 &amp; 2030 (US Million)

Table 10&nbsp;Global Traction Transformer Market Value, By Mounting Type, 2017-2030 (US Million)

Table 11&nbsp;Global Traction Transformer Market Value, By Region, 2022, 2026 &amp; 2030 (US Million)

Table 12&nbsp;Global Traction Transformer Market Value, By Region, 2017-2030 (US Million)

Table 13&nbsp;North America Traction Transformer Market Value, By Voltage Network, 2017-2030 (US Million)

Table 14&nbsp;North America Traction Transformer Market Value, By Rolling Stock, 2017-2030 (US Million)

Table 15&nbsp;North America Traction Transformer Market Value, By Mounting Type, 2017-2030 (US Million)

Table 16&nbsp;North America Traction Transformer Market Value, By Country, 2017-2030 (US Million)

Table 17&nbsp;South America Traction Transformer Market Value, By Voltage Network, 2017-2030 (US Million)

Table 18&nbsp;South America Traction Transformer Market Value, By Rolling Stock, 2017-2030 (US Million)

Table 19&nbsp;South America Traction Transformer Market Value, By Mounting Type, 2017-2030 (US Million)

Table 20&nbsp;South America Traction Transformer Market Value, By Country, 2017-2030 (US Million)

Table 21&nbsp;Europe Traction Transformer Market Value, By Voltage Network, 2017-2030 (US Million)

Table 22&nbsp;Europe Traction Transformer Market Value, By Rolling Stock, 2017-2030 (US Million)

Table 23&nbsp;Europe Traction Transformer Market Value, By Mounting Type, 2017-2030 (US Million)

Table 24&nbsp;Europe Traction Transformer Market Value, By Country, 2017-2030 (US Million)

Table 25&nbsp;Asia-Pacific Traction Transformer Market Value, By Voltage Network, 2017-2030 (US Million)

Table 26&nbsp;Asia-Pacific Traction Transformer Market Value, By Rolling Stock, 2017-2030 (US Million)

Table 27&nbsp;Asia-Pacific Traction Transformer Market Value, By Mounting Type, 2017-2030 (US Million)

Table 28&nbsp;Asia-Pacific Traction Transformer Market Value, By Country, 2017-2030 (US Million)

Table 29&nbsp;Middle East &amp; Africa Traction Transformer Market Value, By Voltage Network, 2017-2030 (US Million)

Table 30&nbsp;Middle East &amp; Africa Traction Transformer Market Value, By Rolling Stock, 2017-2030 (US Million)

Table 31&nbsp;Middle East &amp; Africa Traction Transformer Market Value, By Mounting Type, 2017-2030 (US Million)

Table 32&nbsp;ABB: Overview

Table 33&nbsp;ABB: Product Portfolio

Table 34&nbsp;ABB: Key Developments

Table 35&nbsp;Alstom: Overview

Table 36&nbsp;Alstom: Product Portfolio

Table 37&nbsp;Alstom: Key Developments

Table 38&nbsp;Altrafo Trasformatori: Overview

Table 39&nbsp;Altrafo Trasformatori: Product Portfolio

Table 40&nbsp;Altrafo Trasformatori: Key Developments

Table 41&nbsp;Siemens: Overview

Table 42&nbsp;Siemens: Product Portfolio

Table 43&nbsp;Siemens: Key Developments

Table 44&nbsp;Brush Traction: Overview

Table 45&nbsp;Brush Traction: Product Portfolio

Table 46&nbsp;Brush Traction: Key Developments

Table 47&nbsp;Avago technologies: Overview

Table 48&nbsp;Avago technologies: Product Portfolio

Table 49&nbsp;Avago technologies: Key Developments

Table 50&nbsp;Schenider Electric: Overview

Table 51&nbsp;Schenider Electric: Product Portfolio

Table 52&nbsp;Schenider Electric: Key Developments

Table 53&nbsp;SPX Transformer: Overview

Table 54&nbsp;SPX Transformer: Product Portfolio

Table 55&nbsp;SPX Transformer: Key Developments

Table 56&nbsp;EMCO Ltd: Overview

Table 57&nbsp;EMCO Ltd: Product Portfolio

Table 58&nbsp;EMCO Ltd: Key Developments

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<h3>List of Figures:</h3>

Figure 1&nbsp;Global Traction Transformer Market Share, By Voltage Network, 2022 &amp; 2030 (%)

Figure 2&nbsp;Global Traction Transformer Market Share, By Rolling Stock, 2022 &amp; 2030 (%)

Figure 3&nbsp;Global Traction Transformer Market Share, By Mounting Type, 2022 &amp; 2030 (%)

Figure 4&nbsp;Global Traction Transformer Market Share, By Region, 2022 &amp; 2030 (%)

Figure 5&nbsp;Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 6&nbsp;Global Traction Transformer Market Y-o-Y Growth, By Voltage Network, 2022-2030 (%)

Figure 7&nbsp;AC: Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 8&nbsp;DC: Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 9&nbsp;Global Traction Transformer Market Y-o-Y Growth, By Rolling Stock, 2022-2030 (%)

Figure 10&nbsp;Trams: Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 11&nbsp;High Speed Locomotives: Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 12&nbsp;Metros: Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 13&nbsp;Electric Multiple Units: Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 14&nbsp;Global Traction Transformer Market Y-o-Y Growth, By Mounting Type, 2022-2030 (%)

Figure 15&nbsp;Over the rood: Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 16&nbsp;under the floor: Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 17&nbsp;Machine room : Global Traction Transformer Market Value, 2017-2030 (US Million)

Figure 18&nbsp;Global Traction Transformer Market Y-o-Y Growth, By Region, 2022-2030 (%)

Figure 19&nbsp;North America Traction Transformer Market Value, 2017-2030 (US Million)

Figure 20&nbsp;North America Traction Transformer Market Share, By Voltage Network, 2022 &amp; 2030 (%)

Figure 21&nbsp;North America Traction Transformer Market Share, By Rolling Stock, 2022 &amp; 2030 (%)

Figure 22&nbsp;North America Traction Transformer Market Share, By Mounting Type, 2022 &amp; 2030 (%)

Figure 23&nbsp;North America Traction Transformer Market Share, By Country, 2022 &amp; 2030 (%)

Figure 24&nbsp;South America Traction Transformer Market Value, 2017-2030 (US Million)

Figure 25&nbsp;South America Traction Transformer Market Share, By Voltage Network, 2022 &amp; 2030 (%)

Figure 26&nbsp;South America Traction Transformer Market Share, By Rolling Stock, 2022 &amp; 2030 (%)

Figure 27&nbsp;South America Traction Transformer Market Share, By Mounting Type, 2022 &amp; 2030 (%)

Figure 28&nbsp;South America Traction Transformer Market Share, By Country, 2022 &amp; 2030 (%)

Figure 29&nbsp;Europe Traction Transformer Market Value, 2017-2030 (US Million)

Figure 30&nbsp;Europe Traction Transformer Market Share, By Voltage Network, 2022 &amp; 2030 (%)

Figure 31&nbsp;Europe Traction Transformer Market Share, By Rolling Stock, 2022 &amp; 2030 (%)

Figure 32&nbsp;Europe Traction Transformer Market Share, By Mounting Type, 2022 &amp; 2030 (%)

Figure 33&nbsp;Europe Traction Transformer Market Share, By Country, 2022 &amp; 2030 (%)

Figure 34&nbsp;Asia-Pacific Traction Transformer Market Value, 2017-2030 (US Million)

Figure 35&nbsp;Asia-Pacific Traction Transformer Market Share, By Voltage Network, 2022 &amp; 2030 (%)

Figure 36&nbsp;Asia-Pacific Traction Transformer Market Share, By Rolling Stock, 2022 &amp; 2030 (%)

Figure 37&nbsp;Asia-Pacific Traction Transformer Market Share, By Mounting Type, 2022 &amp; 2030 (%)

Figure 38&nbsp;Asia-Pacific Traction Transformer Market Share, By Country, 2022 &amp; 2030 (%)

Figure 39&nbsp;Middle East &amp; Africa Traction Transformer Market Value, 2017-2030 (US Million)

Figure 40&nbsp;Middle East &amp; Africa Traction Transformer Market Share, By Voltage Network, 2022 &amp; 2030 (%)

Figure 41&nbsp;Middle East &amp; Africa Traction Transformer Market Share, By Rolling Stock, 2022 &amp; 2030 (%)

Figure 42&nbsp;Middle East &amp; Africa Traction Transformer Market Share, By Mounting Type, 2022 &amp; 2030 (%)

Figure 43&nbsp;ABB: Financials

Figure 44&nbsp;Alstom: Financials

Figure 45&nbsp;Altrafo Trasformatori: Financials

Figure 46&nbsp;Siemens: Financials

Figure 47&nbsp;Brush Traction: Financials

Figure 48&nbsp;Avago technologies: Financials

Figure 49&nbsp;Schenider Electric: Financials

Figure 50&nbsp;SPX Transformer: Financials

Figure 51&nbsp;EMCO Ltd: Financials

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