The Asia Pacific Traction Transformer Market would witness market growth of 6.2% CAGR during the forecast period (2022-2028).
The heavy traffic on the roadways is one of the main factors driving the expansion of railways. People are using airplanes more frequently to cut down on travel time, but these cannot be accessed by everyone as they are expensive. Therefore, government programs to create high-speed trains with great power have been started in order to improve the regularity of the railway system.
Several OEMs in the industry are forming public-private partnerships to build rail infrastructure in various nations across the world in order to guarantee a consistent increase in demand. Furthermore, it is anticipated that supportive government initiatives, such as funding for the creation of improved public transportation, will make it easier to implement traction transformers. This will in turn strengthen the operational effectiveness of rail infrastructure across a number of nations.
The People's Republic of China (PRC) is building high-speed rail (HSR) at a fast rate to boost rail competition in the passenger sector and ease inter-city transit. All cities have developed new towns surrounding HSR stations to take benefit of spillover effects, establish economic cohesiveness at the local level, and recuperate the local equivalent investment in infrastructure. Many standardized technology and techniques have been created to hasten HSR construction.
The China market dominated the Asia Pacific Traction Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $82.7 million by 2028. The Japan market is estimated to grow a CAGR of 5.6% during (2022 - 2028). Additionally, The India market would experience a CAGR of 6.9% during (2022 - 2028).
Based on Mounting Position, the market is segmented into Machine Room, Under the Floor, and Over the Roof. Based on Voltage Network, the market is segmented into Alternative Current (AC) Systems and Direct Current (DC) Systems. Based on Rolling Stock, the market is segmented into Electric Locomotives, Metros, High-speed Trains, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Traction Transformer Market is Projected to reach USD 901.6 Million by 2028, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Siemens AG, JST Transformateurs, EMCO Limited, Hind Rectifiers Limited, International Electric Co, Ltd, Mitsubishi Electric Corporation, Schneider Electric SE and Wilson Transformer Company Pty Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Mounting Position
- Machine Room
- Under the Floor
- Over the Roof
By Voltage Network
- Alternative Current (AC) Systems
- Direct Current (DC) Systems
By Rolling Stock
- Electric Locomotives
- Metros
- High-speed Trains
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Siemens AG
- JST Transformateurs
- EMCO Limited
- Hind Rectifiers Limited
- International Electric Co, Ltd
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Wilson Transformer Company Pty Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Traction Transformer Market, by Mounting Position
1.4.2 Asia Pacific Traction Transformer Market, by Voltage Network
1.4.3 Asia Pacific Traction Transformer Market, by Rolling Stock
1.4.4 Asia Pacific Traction Transformer Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Traction Transformer Market
Chapter 4. Asia Pacific Traction Transformer Market by Mounting Position
4.1 Asia Pacific Machine Room Market by Country
4.2 Asia Pacific Under the Floor Market by Country
4.3 Asia Pacific Over the Roof Market by Country
Chapter 5. Asia Pacific Traction Transformer Market by Voltage Network
5.1 Asia Pacific Alternative Current (AC) Systems Market by Country
5.2 Asia Pacific Direct Current (DC) Systems Market by Country
Chapter 6. Asia Pacific Traction Transformer Market by Rolling Stock
6.1 Asia Pacific Electric Locomotives Market by Country
6.2 Asia Pacific Metros Market by Country
6.3 Asia Pacific High-speed Trains Market by Country
6.4 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Traction Transformer Market by Country
7.1 China Traction Transformer Market
7.1.1 China Traction Transformer Market by Mounting Position
7.1.2 China Traction Transformer Market by Voltage Network
7.1.3 China Traction Transformer Market by Rolling Stock
7.2 Japan Traction Transformer Market
7.2.1 Japan Traction Transformer Market by Mounting Position
7.2.2 Japan Traction Transformer Market by Voltage Network
7.2.3 Japan Traction Transformer Market by Rolling Stock
7.3 India Traction Transformer Market
7.3.1 India Traction Transformer Market by Mounting Position
7.3.2 India Traction Transformer Market by Voltage Network
7.3.3 India Traction Transformer Market by Rolling Stock
7.4 South Korea Traction Transformer Market
7.4.1 South Korea Traction Transformer Market by Mounting Position
7.4.2 South Korea Traction Transformer Market by Voltage Network
7.4.3 South Korea Traction Transformer Market by Rolling Stock
7.5 Singapore Traction Transformer Market
7.5.1 Singapore Traction Transformer Market by Mounting Position
7.5.2 Singapore Traction Transformer Market by Voltage Network
7.5.3 Singapore Traction Transformer Market by Rolling Stock
7.6 Malaysia Traction Transformer Market
7.6.1 Malaysia Traction Transformer Market by Mounting Position
7.6.2 Malaysia Traction Transformer Market by Voltage Network
7.6.3 Malaysia Traction Transformer Market by Rolling Stock
7.7 Rest of Asia Pacific Traction Transformer Market
7.7.1 Rest of Asia Pacific Traction Transformer Market by Mounting Position
7.7.2 Rest of Asia Pacific Traction Transformer Market by Voltage Network
7.7.3 Rest of Asia Pacific Traction Transformer Market by Rolling Stock
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Mitsubishi Electric Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.5 Hind Rectifiers Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Research & Development Expenses
8.6 JST Transformateurs
8.6.1 Company Overview
8.7 EMCO Limited
8.7.1 Company Overview
8.8 International Electric Co., Ltd.
8.8.1 Company Overview
8.9 Wilson Transformer Company Pty Ltd
8.9.1 Company Overview
TABLE 1 Asia Pacific Traction Transformer Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Traction Transformer Market, 2022 - 2028, USD Million
TABLE 3 Asia Pacific Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 4 Asia Pacific Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 5 Asia Pacific Machine Room Market by Country, 2018 - 2021, USD Million
TABLE 6 Asia Pacific Machine Room Market by Country, 2022 - 2028, USD Million
TABLE 7 Asia Pacific Under the Floor Market by Country, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Under the Floor Market by Country, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Over the Roof Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Over the Roof Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Alternative Current (AC) Systems Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Alternative Current (AC) Systems Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Direct Current (DC) Systems Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Direct Current (DC) Systems Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Electric Locomotives Market by Country, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Electric Locomotives Market by Country, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Metros Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Metros Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific High-speed Trains Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific High-speed Trains Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Traction Transformer Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Traction Transformer Market by Country, 2022 - 2028, USD Million
TABLE 29 China Traction Transformer Market, 2018 - 2021, USD Million
TABLE 30 China Traction Transformer Market, 2022 - 2028, USD Million
TABLE 31 China Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 32 China Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 33 China Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 34 China Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 35 China Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 36 China Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 37 Japan Traction Transformer Market, 2018 - 2021, USD Million
TABLE 38 Japan Traction Transformer Market, 2022 - 2028, USD Million
TABLE 39 Japan Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 40 Japan Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 41 Japan Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 42 Japan Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 43 Japan Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 44 Japan Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 45 India Traction Transformer Market, 2018 - 2021, USD Million
TABLE 46 India Traction Transformer Market, 2022 - 2028, USD Million
TABLE 47 India Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 48 India Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 49 India Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 50 India Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 51 India Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 52 India Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 53 South Korea Traction Transformer Market, 2018 - 2021, USD Million
TABLE 54 South Korea Traction Transformer Market, 2022 - 2028, USD Million
TABLE 55 South Korea Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 56 South Korea Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 57 South Korea Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 58 South Korea Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 59 South Korea Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 60 South Korea Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 61 Singapore Traction Transformer Market, 2018 - 2021, USD Million
TABLE 62 Singapore Traction Transformer Market, 2022 - 2028, USD Million
TABLE 63 Singapore Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 64 Singapore Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 65 Singapore Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 66 Singapore Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 67 Singapore Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 68 Singapore Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 69 Malaysia Traction Transformer Market, 2018 - 2021, USD Million
TABLE 70 Malaysia Traction Transformer Market, 2022 - 2028, USD Million
TABLE 71 Malaysia Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 72 Malaysia Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 73 Malaysia Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 74 Malaysia Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 75 Malaysia Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 76 Malaysia Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 77 Rest of Asia Pacific Traction Transformer Market, 2018 - 2021, USD Million
TABLE 78 Rest of Asia Pacific Traction Transformer Market, 2022 - 2028, USD Million
TABLE 79 Rest of Asia Pacific Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 80 Rest of Asia Pacific Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 81 Rest of Asia Pacific Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 82 Rest of Asia Pacific Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 83 Rest of Asia Pacific Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 84 Rest of Asia Pacific Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 85 Key Information – ABB Group
TABLE 86 Key Information – Siemens AG
TABLE 87 Key information – Schneider Electric SE
TABLE 88 key information – Mitsubishi Electric Corporation
TABLE 89 Key Information – Hind Rectifiers Limited
TABLE 90 Key Information – JST Transformateurs
TABLE 91 Key Information – EMCO Limited
TABLE 92 Key Information – International Electric Co., Ltd.
TABLE 93 Key Information – Wilson Transformer Company Pty Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: ABB Group
FIG 3 SWOT Analysis: ABB Group
FIG 4 Recent strategies and developments: Siemens AG
FIG 5 Swot analysis: Siemens AG
FIG 6 Swot analysis: Schneider Electric SE