Railway Traction Motor Market Expected to Grow CAGR of 3.8% to 2025 | ABB, Aisin Seiki Co, Sulzer, ALSTOM, Bombardier

The report on Railway Traction Motor Market will help Major Players and the new entrants to understand scrutinize the market in detail. This information will encourage the Major Players to decide their business strategy and achieve proposed business aims.

The global railway traction motor market is expected to reach $41.63 billion in 2025, from $30.28 billion in 2016, growing at a CAGR of 3.8% from 2017 to 2025. Railway traction motors are series-wound brushed DC motors, usually running on approximately 600 Volts. The availability of high-powered semiconductors (such as thyristors and the IGBT) have made the use of much simpler, higher-reliability AC induction motors known as asynchronous traction motors possible. The substantial improvement of the railroads in the twentieth century is connected to the electrification of the rail route lines. Traditionally, railways ran on steam motors. Several nations have adopted railroads electrification, monorail systems, and metros. With the progress in the railroads technologies, and change in vehicular emission restrictions forced on transportation systems across the systems, the progress of the railway traction motor market is expected in future.

Leading key market players mentioned in the report:-

ABB, Aisin Seiki Co. Ltd., Sulzer Ltd., ALSTOM, Bombardier, BHEL, Hyundai Rotem Company, Mitsubishi Electric Corporation, Saini Group, and VEM Gruppe.

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The report contains imperative and pivotal details affecting the developments and growth of the market and also talks about the restricting factors that may restrain the Railway Traction Motor growth during the forecast period. Segmentations of the market are examined specifically to provide knowledge for supplementary market investments. Segmentation of the market on the basis of Dosage, Route of Administration and Application are elucidated in details portraying a descriptive structure of the market trends and restrictions affecting the Railway Traction Motor through the segments and sub-segments.

The report also provides the market size and estimates a forecast from the year 2016 to 2023 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America providing an exhaustive PEST analysis for all five regions after evaluating political, economic, social and technological factors effecting the Railway Traction Motor.

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What the report features:-

  • Global analysis of Railway Traction Motor from 2016 – 2023 illustrating the progression of the market.
  • Forecast and analysis of Railway Traction Motor by Dosage, Route of Administration and Application from 2017 – 2023
  • Forecast and analysis of Railway Traction Motor in five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America

Reasons to Buy the Report:

  • Learn about the driving factors, affecting the market growth.
  • Imbibe the advancements and progress in the market during the forecast period.
  • Understand where the market opportunities lies.
  • Compare and evaluate various options affecting the market.
  • Pick up on the leading market players within the market.
  • Envision the restrictions and restrains that are likely to hamper the market

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Table of Contents: 

  1. Chapter 1 Introduction
  2. Chapter 2 Executive Summary
  3. Chapter 3 Market Overview
  4. Global Railway Traction Motor Market by Type
  5. Global Railway Traction Motor Market by Applications
  6. Global Railway Traction Motor Market by Geography
  7. Company profiles

Key Benefits for Stakeholders

The study provides an in-depth analysis along with current & future trends to elucidate the imminent investment pockets.
Information about key drivers, restrains, and opportunities and their impact analysis on the market is provided.
Porter’s Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.
The quantitative analysis of the global market from 2017 to 2025 is provided to determine the market potential.

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Posted by on Tuesday October 15 2019, 10:00 AM EST. All trademarks acknowledged. Filed under Automotive, Automotive & Transportation, Automotive Manufacturing, Business & Financial Services, Business Services, Featured Press Release, Transportation. Comments and Trackbacks closed. Follow responses: RSS 2.0

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