Europe Traction Transformer Market Size, Share & Industry Trends Analysis Report By Mounting Position, By Voltage Network, By Rolling Stock (Electric Locomotives, Metros, High-speed Trains), By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Europe Traction Transformer Market would witness market growth of 5.2% CAGR during the forecast period (2022-2028).
The massive transformer used earlier is not inherently a drawback on conventional trains driven by locomotives because it helps with adhesion. The heaviness of the locomotive sets a limit on how much force it can use to pull a rail without losing traction on the rails. However, multiple-unit trains, where the traction unit is dispersed along the course of the train within the same carriages in which passengers travel, are more common in contemporary passenger trains.
Adhesion no longer remains a significant constraint for the train's acceleration due to the increase of powered axles, but the size and weight of the transformer continue to be a significant design limitation. As a result, the ideal train would incorporate both high-voltage AC electrification's minimal transmission losses and the lightweight and compact equipment size of DC trains.
The main difficulty is in manufacturing the transformer to be lightweight. Frequency and power rating are two factors that affect a transformer's minimum size; higher power ratings call for larger transformers. Weight and space savings are both possible with a higher-frequency transformer. Materials that are high-temperature, non-flammable, and vibration-resistant are used in the equipment's construction to ensure that they can withstand the various working and climatic circumstances found in different geographic areas.
The Europe region accommodates a vast network of railways, as this region was an early adopter of high-speed rail. Several well-acclaimed rail networks are found in Europe, most of them being built to connect the major trading points. France became the first nation to offer high-speed rail to the general public, operating between Lyon and Paris at a speed of 200 km/h (124 mph). Nowadays, the high-speed rail system of France consists of a sizable network of trains that can travel at up to 320 km/h (200 mph).
The Germany market dominated the Europe Traction Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $70.4 million by 2028. The UK market is anticipated to grow at a CAGR of 4.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 6% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Traction Transformer Market will Hit $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
- High-speed Trains
- Rest of Europe
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
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