Traction Transformer Market: Global Revenue & Unit Shipments Market posed to expand as governments look to rail transport to ease congestion on roads and airways Dublin, Nov. 4, 2013 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/bjwdth/traction) has announced the addition of the "Traction Transformer Market: Global Revenue & Unit Shipments" report to their offering. The traction transformer is divided into three major segments based on type, namely, tap changing, tapped, and rectifier. Tapped transformers contribute the maximum revenue (89.5% in 2013) to the traction transformer market as they are being used in locomotives and high speed trains due to their higher power rating. Tap-changing traction transformers are mainly used in EMUs and rectifier traction transformers are used for the propulsion of trams and trolley cars and the other urban transit systems. Electric traction is a highly advantageous substitute to conventional fossil fuel-based traction systems. The traction transformer is an integral part of the electric traction system. Traction transformers present on-board the trains and rolling stock transform the high voltage from the overhead catenary into low usable voltage for the traction motors. Traction transformers are mainly used in four kinds of rolling stock: *High-Speed Trains *Electric Locomotives *Electric Multiple Units (EMUs) *Trams As the congestion of the road and airways is becoming a major transportation concern for many developing and developed countries, governments are looking at projects like high-speed trains and tramways to ease this pressure. Thus, the traction transformer market is a key component of the overall growth of the rail transport industry. The growth rate of traction transformers in high speed trains has been above average in the last five years and its unit shipments have been forecasted to grow from 315 units in 2013 to 541 units in 2018 at a CAGR of 11.43% from 2013 to 2018. 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%. In terms of revenue, the electric locomotive market for traction transformers is the largest, but shipment-wise, EMUs are the major contributors. This is mainly because the electric locomotive traction transformer market is a high revenue market while EMU traction transformer market is a high volume market. The global 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%. The average selling price (ASP) of a traction transformer for high speed trains and electric locomotives is generally higher than that for EMUs and trams. Scope of the report This research report categorizes the global traction transformer market based on type, rolling stock, voltage networkand geographies; it also covers the forecasted revenue from 2012 to 2018. It describes the deployments of traction transformers in various regions. The global traction transformer market is segmented into: *Type: Tap-Changing, Tapped, and Rectifier Transformers *Rolling Stock: High-speed trains, Electric Locomotives, Electric Multiple Units (EMUs), and Trams. *Voltage Network: AC and DC. *Geographies: Americas, Europe, Asia-Pacific (APAC), and Rest of the World (ROW). Companies Mentioned *Abb *Alstom *Altrafo Trasformatori *Ansaldobreda *Brush Traction *Crompton Greaves *China Transpowers Electric *Csr Corporation *Emco *Hitachi *Hyundai Rotem *Jst Transformateurs *Koncar-Distribution & Special Transformers *Mitsubishi Electric *Preis & Co Ges.M.B.H *Schneider Electric *Siemens Energy *Skoda Transportation *Setrans Holding For more information visit http://www.researchandmarkets.com/research/bjwdth/traction Research and Markets Laura Wood, Senior Manager. email@example.com U.S. Fax: 646-607-1907 Fax (outside U.S.): +353-1-481-1716 Sector: Computing and Technology Research and Markets logo
Traction Transformer Market: Global Revenue & Unit Shipments
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