A traction transformer (onboard) is a transformer used in the
rolling stock. Traction transformers are crucial components in the
traction chain, affecting the train performance as well as operator
services. These transformers can be mounted on the roof of the rolling
stock, machine rooms of the rolling stock, and under the rolling stock.
These rolling stocks include high-speed trains, electric locomotives,
and metros. Traction transformers receive power supply from the overhead
catenary line which can be either AC or DC power lines.
The traction transformer market is expected to be valued at USD 724.2 Million by 2022, growing at a CAGR of 4.6% between 2016 and 2022. The factors driving the growth of the market include the significant government funding for rail infrastructure development, shift toward low carbon rail transport, and liberalization of rail transport network.
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The traction transformer market is expected to be valued at USD 724.2 Million by 2022, growing at a CAGR of 4.6% between 2016 and 2022. The factors driving the growth of the market include the significant government funding for rail infrastructure development, shift toward low carbon rail transport, and liberalization of rail transport network.
The traction transformer market is expected to be
valued at USD 724.2 Million by 2022, growing at a CAGR of 4.6% between
2016 and 2022. The growth of this market is propelled by the increased
government spending for the rail infrastructure development, shift
toward low carbon rail transport, and liberalization of the rail
transport network.
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ABB Ltd. (Switzerland), Alstom SA (France),
JST Transformateurs (France), Mitsubishi Electric Corporation (Japan),
and Siemens AG (Germany) are some of the leading players in the traction
transformer market. New product launches, contracts, agreements, and
acquisitions are some of the key strategies adopted by the major players
to gain a competitive edge in the market.
ABB Ltd. (Switzerland) is the leading player in the
traction transformer market. The company is known for its wide product
portfolio. It offers a range of traction transformers for electric
locomotives, high-speed trains, and electric multiple units (EMUs).
These transformers are suitable for installation in the machine room, on
the roof, or under the floor of the train. Some of the high-speed train
manufacturers such as Alstom SA (France), AnsaldoBreda S.p.A. (Italy),
Bombardier Transportation (Canada), CAF (Spain), Ministry of Railways
(China), Siemens Mobility (Germany), and Talgo (Spain) are the key
customers of ABB’s traction transformers. The company has signed various
contracts with rail operators and train manufacturers to supply
traction transformers. For instance, in November 2016, ABB Ltd. signed a
contract with Alstom SA (France). In addition, in May 2015, ABB Ltd.
signed a contract with Stadler Rail AG (Switzerland) to supply traction
transformers which are to be installed in 90 trains to expand the rail
networks of Switzerland, Luxembourg, and the Netherlands.
Alstom SA (France) is one of the leading providers of
traction transformers. It is well known for the development and
manufacturing of rail transport equipment, systems, and services for
urban, suburban, regional passenger, and freight transportation. The
company’s onboard traction transformers are used in various trains such
as high-speed, very high-speed, and freight and passenger locomotive
trains. The company has a wide geographical presence and a wide product
portfolio of traction transformers. Alstom has customers in more than 60
countries. Alstom specializes in developing liquid-filled traction
transformers according to the requirement of the customers. The company
follows innovation and operational excellence as a key strategy to
achieve growth in the market.
The other companies operating in the traction
transformer market include Emco Limited (India), Hind Rectifiers Limited
(India), International Electric Co., Ltd. (South Korea), Setrans
Holding AS (France), and Wilson Transformer Company (Australia).
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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