Report overview
Railway traction system can be simply defined as a driving force that causes propulsion of the railway. It consists of all the components that collect the power from its source, condition and convert this power, and use it to propel the locomotive and coaches.
This report aims to provide a comprehensive presentation of the global market for Railway Traction System, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Railway Traction System. This report contains market size and forecasts of Railway Traction System in global, including the following market information:
Global Railway Traction System Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Railway Traction System Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Railway Traction System companies in 2022 (%)
The global Railway Traction System market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Electric Traction Systems Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Railway Traction System include ABB, Alstom, CAF Power and Automation., Hitachi, Ltd, Infineon Technologies AG, Ingeteam Power Technology, Medha Servo Drives Private Limited, TOSHIBA CORPORATION and TOYO DENKI SEIZO K.K., etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We has surveyed the Railway Traction System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Railway Traction System Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Traction System Market Segment Percentages, by Type, 2022 (%)
Electric Traction Systems
AC Electrification System
DC Electrification System
Composite System
Diesel
Others (Steam, CNG, Battery, etc.)
Global Railway Traction System Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Traction System Market Segment Percentages, by Application, 2022 (%)
High-speed railways
Metro/ Subway
Trams
Suburban
Monorail
Freight
Global Railway Traction System Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Railway Traction System Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Railway Traction System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Railway Traction System revenues share in global market, 2022 (%)
Key companies Railway Traction System sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Railway Traction System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Alstom
CAF Power and Automation.
Hitachi, Ltd
Infineon Technologies AG
Ingeteam Power Technology
Medha Servo Drives Private Limited
TOSHIBA CORPORATION
TOYO DENKI SEIZO K.K.
Voith GmbH and Co. KGaA
Outline of Major Chapters:
Chapter 1: Introduces the definition of Railway Traction System, market overview.
Chapter 2: Global Railway Traction System market size in revenue and volume.
Chapter 3: Detailed analysis of Railway Traction System manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Railway Traction System in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Railway Traction System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.