Traction Transformer Market Size, Share & Trends Analysis Report By Mounting Position, By Voltage Network (AC Systems, DC Systems), By Rolling Stock (Electric Locomotives, High-Speed Trains), By Region, And Segment Forecasts, 2023

The global traction transformer market size is expected to reach USD 1.99 billion by 2030, according to a study by Grand View Research, Inc., progressing at a CAGR of 6.5from 2023 to 2030 Fast pace of modern lives and surging demand for high-speed commute options are promoting several changes in rail infrastructure across the globe, including shift to technologically advanced electric locomotives. This trend is anticipated to provide a significant push to the market over the forecast period.

Furthermore, favorable government initiatives, including introduction of various policies, funding for high-speed locomotives, and implementation of safer technologies in trains, are leading to positive developments in the global rail infrastructure sector. Increasing expenditure on comfortable and convenient traveling are also encouraging several developments in rail infrastructures worldwide. These transformations are likely to result in greater demand for traction transformers in the next few years.

Growing environmental concerns regarding power consumption, costly and unsafe locomotives, noise pollution, and dependence on crude oils are impelling adoption of traction systems. Furthermore, expansion of rail transport networks for better traffic management, saving time required for commute, and providing cost-efficient services are stirring up their demand in rail systems globally.

Worldwide, rising number of rail projects is translating into increased adoption and implementation of traction transformers on a large scale. Presence of a limited number of market players offering these products has resulted in fierce competition. Resultant concentration of projects and revenue in hands of a select few companies, which often results in risk of efficiently managing supply and demand, can challenge the growth of the market over the forecast period.

Traction Transformer Market Report Highlights:

Traction transformers provide several benefits over conventional fossil-fuel based traction systems, including rapid acceleration, space availability, cost-efficiency, light-weight, and low power consumption
Based on voltage network, the alternative current (AC) systems segment held the largest market share in 2022. The demand for AC traction systems is driven by increased adoption of electric locomotives for long-distance travel routes
Based on mounting position, the machine room segment is poised to exhibit a CAGR of 7.5% over the forecast period. The growth of the segment can be attributed to maximum flexibility and low maintenance offered by equipment mounted in machine rooms
Based on rolling stock, the electric locomotives segment commanded the highest revenue share in 2022. Upswing in the demand for electrified rail systems has played a pivotal role in high demand for electrical locomotives over the years
Asia Pacific dominated the market and accounted for the largest revenue share of 31.3% in 2022 and is expected to grow at the fastest CAGR over the forecast period
These market players are engaged in offering differentiated product portfolio and in entering private-public partnerships to withstand competition. For instance, recently ABB was awarded contracts by governing bodies for the development of metro infrastructure across major metropolitan cities.

Product Code: GVR-3-68038-046-0

Chapter 1. Methodology and Scope

1.1. Market Segmentation & Scope
- 1.1.1. Voltage network
- 1.1.2. Mounting position
- 1.1.3. Rolling stock
- 1.1.4. Regional scope
- 1.1.5. Estimates and forecast timeline
1.2. Research Methodology
1.3. Information Procurement
- 1.3.1. Purchased database
- 1.3.2. GVR's internal database
- 1.3.3. Secondary sources
- 1.3.4. Primary research
- 1.3.5. Details of primary research
1.4. Information or Data Analysis
1.5. Market Formulation & Validation
1.6. Model Details
1.7. List of Secondary Sources
1.8. List of Primary Sources
1.9. Objectives

Chapter 2. Executive Summary

2.1. Market Outlook
2.2. Segment Outlook
- 2.2.1. Voltage network outlook
- 2.2.2. Mounting position outlook
- 2.2.3. Rolling stock outlook
- 2.2.4. Regional outlook
2.3. Competitive Insights

Chapter 3. Traction Transformer Market Variables, Trends & Scope

3.1. Market Lineage Outlook
3.2. Industry Value Chain Analysis
3.3. Market Dynamics
- 3.3.1. Market driver analysis
- 3.3.2. Market restraint analysis
- 3.3.3. Market opportunity analysis
3.4. Traction Transformer Market Analysis Tools
- 3.4.1. Industry Analysis - Porter's
  - 3.4.1.1. Supplier power
  - 3.4.1.2. Buyer power
  - 3.4.1.3. Substitution threat
  - 3.4.1.4. Threat of new entrant
  - 3.4.1.5. Competitive rivalry
- 3.4.2. PESTEL Analysis
  - 3.4.2.1. Political landscape
  - 3.4.2.2. Technological landscape
  - 3.4.2.3. Economic landscape

Chapter 4. Traction Transformer Market: Voltage Network Estimates & Trend Analysis

4.1. Traction Transformer Market: Key Takeaways
4.2. Traction Transformer Market: Movement & Market Share Analysis, 2022 & 2030
4.3. Alternative Current (AC) Systems
- 4.3.1. Alternative current (AC) systems market estimates and forecasts, 2017 to 2030 (USD Million)
4.4. Direct Current (DC) systems
- 4.4.1. Direct current (DC) systems market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 5. Traction Transformer Market : Mounting Position Estimates & Trend Analysis

5.1. Traction Transformer Market: Key Takeaways
5.2. Traction Transformer Market: Movement & Market Share Analysis, 2022 & 2030
5.3. Over the Roof
- 5.3.1. Over the roof market estimates and forecasts, 2017 to 2030 (USD Million)
5.4. Machine Room
- 5.4.1. Machine room market estimates and forecasts, 2017 to 2030 (USD Million)
5.5. Under the Floor
- 5.5.1. Under the floor market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 6. Traction Transformer Market : Rolling Stock Estimates & Trend Analysis

6.1. Traction Transformer Market: Key Takeaways
6.2. Traction Transformer Market: Movement & Market Share Analysis, 2022 & 2030
6.3. Electric Locomotives
- 6.3.1. Electric locomotives market estimates and forecasts, 2017 to 2030 (USD Million)
6.4. Metros
- 6.4.1. Metros market estimates and forecasts, 2017 to 2030 (USD Million)
6.5. High-speed Trains
- 6.5.1. High-speed trains market estimates and forecasts, 2017 to 2030 (USD Million)
6.6. Others
- 6.6.1. Others market estimates and forecasts, 2017 to 2030 (USD Million)

Chapter 7. Traction Transformer Market: Regional Estimates & Trend Analysis

7.1. Regional Outlook
7.2. Traction Transformer Market by Region: Key Takeaway
7.3. North America
- 7.3.1. North America market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.3.2. U.S.
  - 7.3.2.1. U.S. market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.3.3. Canada
  - 7.3.3.1. Canada market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.4. Europe
- 7.4.1. Europe market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.4.2. UK
  - 7.4.2.1. UK market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.4.3. Germany
  - 7.4.3.1. Germany market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.4.4. France
  - 7.4.4.1. France market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.5. Asia Pacific
- 7.5.1. Asia Pacific Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.2. Japan
  - 7.5.2.1. Japan market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.3. China
  - 7.5.3.1. China market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.4. India
  - 7.5.4.1. India market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.5. Australia
  - 7.5.5.1. Australia market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.5.6. South Korea
  - 7.5.6.1. South Korea market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.6. Latin America
- 7.6.1. Latin America market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.6.2. Brazil
  - 7.6.2.1. Brazil market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.6.3. Mexico
  - 7.6.3.1. Mexico market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
7.7. MEA
- 7.7.1. MEA market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.7.2. Saudi Arabia
  - 7.7.2.1. Saudi Arabia market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.7.3. South Africa
  - 7.7.3.1. Saudi Africa market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)
- 7.7.4. UAE
  - 7.7.4.1. UAE market estimates and forecasts, 2017 to 2030 (Revenue, USD Million)

Chapter 8. Competitive Landscape

8.1. Recent Developments & Impact Analysis, By Key Market Participants
8.2. Market Participant Categorization
- 8.2.1. ABB
  - 8.2.1.1. Company overview
  - 8.2.1.2. Financial performance
  - 8.2.1.3. Product benchmarking
  - 8.2.1.4. Strategic initiatives
- 8.2.2. Siemens
  - 8.2.2.1. Company overview
  - 8.2.2.2. Financial performance
  - 8.2.2.3. Product benchmarking
  - 8.2.2.4. Strategic initiatives
- 8.2.3. JST Transformateurs
  - 8.2.3.1. Company overview
  - 8.2.3.2. Financial performance
  - 8.2.3.3. Product benchmarking
  - 8.2.3.4. Strategic initiatives
- 8.2.4. ZARCO REALTIES PRIVATE LIMITED
  - 8.2.4.1. Company overview
  - 8.2.4.2. Financial performance
  - 8.2.4.3. Product benchmarking
  - 8.2.4.4. Strategic initiatives
- 8.2.5. Hirect
  - 8.2.5.1. Company overview
  - 8.2.5.2. Financial performance
  - 8.2.5.3. Product benchmarking
  - 8.2.5.4. Strategic initiatives
- 8.2.6. International Electric Co., Ltd.
  - 8.2.6.1. Company overview
  - 8.2.6.2. Financial performance
  - 8.2.6.3. Product benchmarking
  - 8.2.6.4. Strategic initiatives
- 8.2.7. Mitsubishi Electric Corporation
  - 8.2.7.1. Company overview
  - 8.2.7.2. Financial performance
  - 8.2.7.3. Product benchmarking
  - 8.2.7.4. Strategic initiatives
- 8.2.8. Schneider Electric
  - 8.2.8.1. Company overview
  - 8.2.8.2. Financial performance
  - 8.2.8.3. Product benchmarking
  - 8.2.8.4. Strategic initiatives
- 8.2.9. Wilson Transformers
  - 8.2.9.1. Company overview
  - 8.2.9.2. Financial performance
  - 8.2.9.3. Product benchmarking
  - 8.2.9.4. Strategic initiatives
- 8.2.10. Setrans Holding AS
  - 8.2.10.1. Company overview
  - 8.2.10.2. Financial performance
  - 8.2.10.3. Product benchmarking
  - 8.2.10.4. Strategic initiatives

Product Code: GVR-3-68038-046-0

List of Tables

Table 1 List of abbreviation
Table 2 North America traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 3 North America traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 4 North America traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 5 North America traction transformer market, by region, 2017 to 2030 (USD Million)
Table 6 U.S. traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 7 U.S. traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 8 U.S. traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 9 Canada traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 10 Canada traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 11 Canada traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 12 Europe traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 13 Europe traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 14 Europe traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 15 Europe traction transformer market, by region, 2017 to 2030 (USD Million)
Table 16 Germany traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 17 Germany traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 18 Germany traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 19 UK traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 20 UK traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 21 UK traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 22 France traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 23 France traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 24 France traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 25 Asia Pacific traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 26 Asia Pacific traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 27 Asia Pacific traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 28 Asia Pacific traction transformer market, by region, 2017 to 2030 (USD Million)
Table 29 China traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 30 China traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 31 China traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 32 Japan traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 33 Japan traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 34 Japan traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 35 India traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 36 India traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 37 India traction transformer market, by rolling stock, (USD Million) 2017 - 2030
Table 38 Australia traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 39 Australia traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 40 Australia traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 41 South Korea traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 42 South Korea traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 43 South Korea traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 44 Latin America traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 45 Latin America traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 46 Latin America traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 47 Latin America traction transformer market, by region, 2017 to 2030 (USD Million)
Table 48 Brazil traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 49 Brazil traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 50 Brazil traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 51 Mexico traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 52 Mexico traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 53 Mexico traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 54 Middle East and Africa traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 55 Middle East and Africa traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 56 Middle East and Africa traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 57 Middle East and Africa traction transformer market, by region, 2017 to 2030 (USD Million)
Table 58 South Africa traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 59 South Africa traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 60 South Africa traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 61 Saudi Arabia traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 62 Saudi Arabia traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 63 Saudi Arabia traction transformer market, by rolling stock, 2017 - 2030 (USD Million)
Table 64 UAE traction transformer market, by voltage network, 2017 - 2030 (USD Million)
Table 65 UAE traction transformer market, by mounting position, 2017 - 2030 (USD Million)
Table 66 UAE traction transformer market, by rolling stock, 2017 - 2030 (USD Million)

List of Figures

Fig. 1 Market research process
Fig. 2 Data triangulation techniques
Fig. 3 Primary research pattern
Fig. 4 Market research approaches
Fig. 5 Value-chain-based sizing & forecasting
Fig. 6 QFD modeling for market share assessment
Fig. 7 Market formulation & validation
Fig. 8 Traction transformer: Market outlook
Fig. 9 Traction transformer: Competitive insights
Fig. 10 Parent market outlook
Fig. 11 Related/ancillary market outlook
Fig. 12 Penetration and growth prospect mapping
Fig. 13 Industry value chain analysis
Fig. 14 Traction transformer market driver impact
Fig. 15 Traction transformer market restraint impact
Fig. 16 Traction transformer market strategic initiatives analysis
Fig. 17 Traction transformer market: Voltage network movement analysis
Fig. 18 Traction transformer market: Voltage network outlook and key takeaways
Fig. 19 Alternative Current (AC) systems market estimates and forecasts, 2017 - 2030
Fig. 20 Direct Current (DC) systems market estimates and forecasts, 2017 - 2030
Fig. 21 Traction transformer market: Mounting position movement analysis
Fig. 22 Traction transformer market: Mounting position outlook and key takeaways
Fig. 23 Over the roof market estimates and forecasts, 2017 - 2030
Fig. 24 Machine room market estimates and forecasts, 2017 - 2030
Fig. 25 Under the floor market estimates and forecasts, 2017 - 2030
Fig. 26 Traction transformer market: Rolling stock movement analysis
Fig. 27 Traction transformer market: Rolling stock outlook and key takeaways
Fig. 28 Electric locomotives market estimates and forecasts, 2017 - 2030
Fig. 29 Metros market estimates and forecasts, 2017 - 2030
Fig. 30 High-speed trains market estimates and forecasts, 2017 - 2030
Fig. 31 Others market estimates and forecasts, 2017 - 2030
Fig. 32 Global traction transformer market: Regional movement analysis
Fig. 33 Global traction transformer market: Regional outlook and key takeaways
Fig. 34 North America market estimates and forecasts, 2017 - 2030
Fig. 35 U.S. market estimates and forecasts, 2017 - 2030
Fig. 36 Canada market estimates and forecasts, 2017 - 2030
Fig. 37 Europe market estimates and forecasts, 2017 - 2030
Fig. 38 UK market estimates and forecasts, 2017 - 2030
Fig. 39 Germany market estimates and forecasts, 2017 - 2030
Fig. 40 France market estimates and forecasts, 2017 - 2030
Fig. 41 Asia Pacific market estimates and forecasts, 2017 - 2030
Fig. 42 Japan market estimates and forecasts, 2017 - 2030
Fig. 43 China market estimates and forecasts, 2017 - 2030
Fig. 44 India market estimates and forecasts, 2017 - 2030
Fig. 45 Australia market estimates and forecasts, 2017 - 2030
Fig. 46 South Korea market estimates and forecasts, 2017 - 2030
Fig. 47 Latin America market estimates and forecasts, 2017 - 2030
Fig. 48 Brazil market estimates and forecasts, 2017 - 2030
Fig. 49 Mexico market estimates and forecasts, 2017 - 2030
Fig. 50 Middle East and Africa market estimates and forecasts, 2017 - 2030
Fig. 51 Saudi Arabia market estimates and forecasts, 2017 - 2030
Fig. 52 South Africa market estimates and forecasts, 2017 - 2030
Fig. 53 UAE market estimates and forecasts, 2017 - 2030

Traction Transformer Market Size, Share & Trends Analysis Report By Mounting Position, By Voltage Network (AC Systems, DC Systems), By Rolling Stock (Electric Locomotives, High-Speed Trains), By Region, And Segment Forecasts, 2023 - 2030

Description

Table of Contents

List of Tables

Traction Transformer Market Growth & Trends:

Traction Transformer Market Report Highlights:

Table of Contents

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Traction Transformer Market Variables, Trends & Scope

Chapter 4. Traction Transformer Market: Voltage Network Estimates & Trend Analysis

Chapter 5. Traction Transformer Market : Mounting Position Estimates & Trend Analysis

Chapter 6. Traction Transformer Market : Rolling Stock Estimates & Trend Analysis

Chapter 7. Traction Transformer Market: Regional Estimates & Trend Analysis

Chapter 8. Competitive Landscape

List of Tables

List of Figures