Traction Transformer Market worth $1.69 Billion by 2018
DALLAS, January 24, 2013
DALLAS, January 24, 2013 /PRNewswire/ --
According to a new market research report " Global Traction Transformer
Market, By Type (Tap Changing, Tapped & Rectifier), Rolling Stock (Locomotive,
High Speed, Emus & Trams), Voltage Network (AC & DC) & Geography (2013-2018)
", published by MarketsandMarkets ( http://www.marketsandmarkets.com ), the
total market is expected to reach $ 1.69 billion by 2018, at a CAGR of 7.52%.
Browse 92 market data tables with 32 figures spread through 210 pages and
in-depth TOC on Global Traction Transformer Market, By Type (Tap Changing,
Tapped & Rectifier), Rolling Stock (Locomotive, High Speed, Emus & Trams),
Voltage Network (AC & DC) & Geography (2013-2018) .
Early buyers will receive 10% customization on reports.
Traction transformers are very different from distribution and power
transformers and need special considerations due to constraints like space
availability and vibration problems. Thus, the stresses on traction
transformers are very high and they have to be designed to withstand them.
This report describes the market trends, drivers, and challenges of the
traction transformer market and forecasts the market to 2018, based on type,
rolling stock, voltage network, and geography. This report covers geographies
like the Americas, Europe, APAC, and ROW (Rest of the World). The major
companies involved in traction transformer market include ABB (Switzerland),
Siemens AG (Germany), and Alstom SA (France). ABB is the market leader with
over 50% of market share.
The global traction transformer revenue market is expected to grow from $1.17
billion in 2013 to $1.69 billion in 2018 at a CAGR of 7.52% from 2013 to 2018.
In terms of revenue, the market for traction transformers in electric
locomotives is larger as compared to the other rolling stock. The global
traction transformer unit shipment market is expected to grow from 6,031 units
in 2013 to 8,507 units in 2018 at a CAGR of 7.12% from 2013 to 2018. EMU
traction transformers' shipments are the largest, as they account for the most
Traction transformers can be classified into three types - Tap-Changing,
Tapped, and Rectifier. In terms of both - revenue and shipments, tapped
traction transformers form the biggest market with revenue forecasted to reach
$1.51 billion by 2018 at a CAGR of 7.46% from 2013 to 2018.
This report also segments the global traction transformer market by geography
considering four segments - the Americas, Europe, Asia-Pacific (APAC), and
Rest of the World (ROW). The traction transformer market is highly
geography-specific, with Europe leading the pack due to its early acceptance
of the electric traction technology. U.S. is the biggest potential market in
the Americas due to the current (2013) low electrification adoption rate. APAC
is an emerging market for traction transformers due to its high population
density and is expected to grow at a CAGR of 8.14% from 2013 to 2018 in terms
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