Global Traction Transformers Market 2017-2021




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About Traction Transformers

Traction transformers are special application transformers that are integral to the electric traction system. It converts the supplied electrical energy into usable electrical energy, to power electric motors within a locomotive engine, high-speed trains, and trams to generate motive force.

Technavios analysts forecast the global traction transformers market to grow at a CAGR of 5.74% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global traction transformers market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

Technavio's report, Global Traction Transformers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
JST transformateurs
Mitsubishi Electric

Other prominent vendors
Hind Rectifiers
International BEZ Group
International Electric power
KONAR - Electrical Industry
Skoda Transportation
Wabtec Corporation (Brush Traction)

Market driver
Growth of high-speed rail networks in developing economies
For a full, detailed list, view our report

Market challenge
Lack of private sector participation
For a full, detailed list, view our report

Market trend
Growing inclination toward public transportation
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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