PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1596789
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1596789
Railway Traction Motor Market Growth, Size, Trends Analysis- By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Railway Traction Motor Market Introduction and Overview
According to SPER Market Research, 'Railway Traction Motor Market Size- By Type, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2033' states that the Global Railway Traction Motor Market is estimated to reach USD 55.81 billion by 2033 with a CAGR of 4.63%.
An electric motor that transforms electrical energy into torque energy and is coupled to a shaft to produce linear motion is known as a traction motor in railroads. Traction motors are electrically powered devices that turn the train's wheels. The driving gear unit and axle transfer the turning force generated by traction motors to the wheels. Usually, traction motors are installed in the rolling stocks of railroads, which house the wheels.
The COVID-19 epidemic caused a major setback for the global railway traction motor market. Lockdowns were imposed by governments all over the world to stop the virus's spread, which led to a decline in the use of railway traction motors. A number of railway projects and activities were also delayed as a result of this circumstance, which also had an impact on important supply chain operations.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Type, By Application.
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Companies Covered ABB Group, ALSTOM, BHEL, Bombardier, Hyundai Rotem Company, Mitsubishi Electric Corporation, Saini Group, Siemens, Sulzer Ltd, Others.
Railway Traction Motor Market Segmentation:
By Type: Based on the Type, Global Railway Traction Motor Market is segmented as; DC Traction Motor, AC Traction Motor, Synchronous AC Traction Motor.
By Application: Based on the Application, Global Railway Traction Motor Market is segmented as; Diesel Locomotive, Electric Multiple Units, Electric Locomotives, Diesel-Electric Locomotives.
By Region: This research also includes data for North America, Asia-Pacific, Latin America, Middle East & Africa and Europe.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPERs internal database
- 2.1.4. Premium insight from KOLs
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Railway Traction Motor Market.
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTERs Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Railway Traction Motor Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Railway Traction Motor Market
7. Global Railway Traction Motor Market, By Type (USD Million) 2020-2033
- 7.1. Global Railway Traction Motor Market Size, Share and Forecast, By Type, 2020-2026
- 7.2. Global Railway Traction Motor Market Size, Share and Forecast, By Type, 2027-2033
- 7.3. DC Traction Motor
- 7.4. AC Traction Motor
- 7.5. Synchronous AC Traction Motor
8. Global Railway Traction Motor Market, By Application (USD Million) 2020-2033
- 8.1. Global Railway Traction Motor Market Size, Share and Forecast, By Application, 2020-2026
- 8.2. Global Railway Traction Motor Market Size, Share and Forecast, By Application, 2027-2033
- 8.3. Diesel Locomotive
- 8.4. Electric Multiple Units
- 8.5. Electric Locomotives
- 8.6. Diesel-Electric Locomotives
9. Global Railway Traction Motor Market Forecast, 2020-2033 (USD Million)
- 9.1. Global Railway Traction Motor Market Size and Market Share
10. Global Railway Traction Motor Market, By Region, 2020-2033 (USD Million)
- 10.1. Global Railway Traction Motor Market Size and Market Share By Region (2020-2026)
- 10.2. Global Railway Traction Motor Market Size and Market Share By Region (2027-2033)
- 10.3. Asia-Pacific
- 10.3.1. Australia
- 10.3.2. China
- 10.3.3. India
- 10.3.4. Japan
- 10.3.5. South Korea
- 10.3.6. Rest of Asia-Pacific
- 10.4. Europe
- 10.4.1. France
- 10.4.2. Germany
- 10.4.3. Italy
- 10.4.4. Spain
- 10.4.5. United Kingdom
- 10.4.6. Rest of Europe
- 10.5. Middle East and Africa
- 10.5.1. Kingdom of Saudi Arabia
- 10.5.2. United Arab Emirates
- 10.5.3. Qatar
- 10.5.4. South Africa
- 10.5.5. Egypt
- 10.5.6. Morocco
- 10.5.7. Nigeria
- 10.5.8. Rest of Middle-East and Africa
- 10.6. North America
- 10.6.1. Canada
- 10.6.2. Mexico
- 10.6.3. United States
- 10.7. Latin America
- 10.7.1. Argentina
- 10.7.2. Brazil
- 10.7.3. Rest of Latin America
11. Company Profile
- 11.1. ABB Group
- 11.1.1. Company details
- 11.1.2. Financial outlook
- 11.1.3. Product summary
- 11.1.4. Recent developments
- 11.2. ALSTOM
- 11.2.1. Company details
- 11.2.2. Financial outlook
- 11.2.3. Product summary
- 11.2.4. Recent developments
- 11.3. BHEL
- 11.3.1. Company details
- 11.3.2. Financial outlook
- 11.3.3. Product summary
- 11.3.4. Recent developments
- 11.4. Bombardier
- 11.4.1. Company details
- 11.4.2. Financial outlook
- 11.4.3. Product summary
- 11.4.4. Recent developments
- 11.5. Hyundai Rotem Company
- 11.5.1. Company details
- 11.5.2. Financial outlook
- 11.5.3. Product summary
- 11.5.4. Recent developments
- 11.6. Mitsubishi Electric Corporation
- 11.6.1. Company details
- 11.6.2. Financial outlook
- 11.6.3. Product summary
- 11.6.4. Recent developments
- 11.7. Saini Group
- 11.7.1. Company details
- 11.7.2. Financial outlook
- 11.7.3. Product summary
- 11.7.4. Recent developments
- 11.8. Siemens
- 11.8.1. Company details
- 11.8.2. Financial outlook
- 11.8.3. Product summary
- 11.8.4. Recent developments
- 11.9. Sulzer Ltd
- 11.9.1. Company details
- 11.9.2. Financial outlook
- 11.9.3. Product summary
- 11.9.4. Recent developments
- 11.10. Others
12. Conclusion
13. List of Abbreviations
14. Reference Links
