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Global Traction Equipment Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies And Forecasts, 2017 To 2025

Published: May 2017 | Published By: Acute Market Research

Traction Equipment Market - Growth, Future Prospects and Competitive Analysis, 2017-2025, the global traction equipment market was valued at US$ 246.1 Bn in 2016, and is expected to reach US$ 316.3 Bn by 2025, expanding at a CAGR of 2.8% from 2017 to 2025.

Market Insights

The global traction equipment market is majorly driven by technological evolution and shift in transport technologies and preferences. As international and intercontinental trades are proliferating worldwide, the demand for more rapid and adaptable transit systems are in growing demand. Furthermore, growing need for electrification of railway lines and upgrade of older locomotive versions to more efficient and cost-effective solutions additionally drive the market in emerging economies. Growing demand for mass transportation is further attributed to growing government funding across both developed and developing economies.

Based on the type of systems, multi traction systems are the most widely used traction equipment worldwide. The demand for multi systems is the highest in Europe and Asia Pacific, where there is a wide existence of varied voltage systems and the need for cost-efficient and effective transition systems is high in these regions. Due to regional variation in railway electrification systems, trains often have to pass through one system to other during transit. Change of locomotives at switching stations is the most common way of attaining this. However, such switching stations have highly sophisticated components that are expensive for both installation and maintenance. Government funding in area of upgrading their existing transport network is high in Asia Pacific, Latin America and Middle East and Africa. Transition motors are versatile and are used in both electric and diesel locomotives. The demand for customized forms of transition motors is observed to be the highest, as the requirement of nature of motors often vary by region.

Overall competition in the global transition equipment market is intense. There is a multitude of market players operating in the market that offer customized solutions to customers. Furthermore, regional prevalence of certain market players is also quite common in this industry. Despite the fragmented scenario, ABB Ltd. is observed to be the largest player in the transition equipment market, majorly attributed to its global reach. Other major players in this market include Siemens AG, Mitsubishi Electric Corporation, General Electric Company, Crompton Greaves Limited, Alstom SA, VEM Group, Bombardier Inc., TTM Rail, Toshiba International Corporation, American Traction Systems, Kawasaki Heavy Industries, Ltd. and others.

Chapter 1. Preface
1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

Chapter 2. Executive Summary
2.1. Global Traction Equipment Market Portraiture
2.1.1. Global Traction Equipment Market, by Component, 2016
2.1.2. Global Phosphorous Trichloride Market, by Geography, 2016

Chapter 3. Traction Equipment: Market Dynamics and Outlook
3.1. Market Overview
3.2. Traction Equipment: Production Analysis
3.3. Value Chain Analysis
3.4. Drivers
3.5. Challenges
3.6. Opportunities
3.7. Porter’s Five Forces Model
3.8. Attractive Investment Proposition, by Geography
3.9. Competitive Landscape
3.9.1. Market Competition Analysis, by Key Players, 2016 (Value %)

Chapter 4. Global Traction Equipment Market, by Type, 2015 – 2025 (US$ Mn)
4.1. Overview
4.2. DC Traction
4.3. AC Traction
4.4. Multi Systems

Chapter 5. Global Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
5.1. Overview
5.2. Traction Transformers
5.3. Traction Motors
5.4. Traction Converters

Chapter 6. Global Traction Equipment Market, by Geography, 2015 – 2025 (US$ Mn)
6.1. Overview
6.2. North America Traction Equipment Market, 2015 – 2025
6.2.1. North America Traction Equipment Market, by Type, 2015 – 2025 (US$ Mn)
6.2.2. North America Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
6.2.3. North America Traction Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.2.3.1. U.S.
6.2.3.2. Canada
6.3. Europe Traction Equipment Market, 2015 – 2025
6.3.1. Europe Traction Equipment Market, by Type, 2015 – 2025 (US$ Mn)
6.3.2. Europe Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
6.3.3. Europe Traction Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.3.3.1. U.K.
6.3.3.2. France
6.3.3.3. Italy
6.3.3.4. Germany
6.3.3.5. Spain
6.3.3.6. Russia
6.3.3.7. Rest of Europe
6.4. Asia Pacific Traction Equipment Market, 2015 – 2025
6.4.1. Asia Pacific Traction Equipment Market, by Type, 2015 – 2025 (US$ Mn)
6.4.2. Asia Pacific Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
6.4.3. Asia Pacific Traction Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.4.3.1. China
6.4.3.2. India
6.4.3.3. Japan
6.4.3.4. Australia
6.4.3.5. Rest of APAC
6.5. Latin America Traction Equipment Market, 2015 – 2025
6.5.1. Latin America Traction Equipment Market, by Type, 2015 – 2025 (US$ Mn)
6.5.2. Latin America Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
6.5.3. Latin America Traction Equipment Market, by Country, 2015 – 2025 (US$ Mn)
6.5.3.1. Brazil
6.5.3.2. Mexico
6.5.3.3. Rest of Latin America
6.6. Middle East & Africa (MEA) Traction Equipment Market, 2015 – 2025
6.6.1. MEA Traction Equipment Market, by Type, 2015 – 2025 (US$ Mn)
6.6.2. MEA Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
6.6.3. MEA Traction Equipment Products Market, by Region, 2015 – 2025 (US$ Mn)
6.6.3.1. GCC
6.6.3.2. Rest of MEA

Chapter 7. Company Profiles
7.1. ABB Ltd.
7.1.1. Business Description
7.1.2. Financial Information (Subject to data availability)
7.1.3. Product Portfolio
7.1.4. Key Developments
7.2. American Traction Systems
7.2.1. Business Description
7.2.2. Financial Information (Subject to data availability)
7.2.3. Product Portfolio
7.2.4. Key Developments
7.3. Alstom SA
7.3.1. Business Description
7.3.2. Financial Information (Subject to data availability)
7.3.3. Product Portfolio
7.3.4. Key Developments
7.4. Bombardier Inc.
7.4.1. Business Description
7.4.2. Financial Information (Subject to data availability)
7.4.3. Product Portfolio
7.4.4. Key Developments
7.5. Crompton Greaves Limited
7.5.1. Business Description
7.5.2. Financial Information (Subject to data availability)
7.5.3. Product Portfolio
7.5.4. Key Developments
7.6. Caterpillar Inc.
7.6.1. Business Description
7.6.2. Financial Information (Subject to data availability)
7.6.3. Product Portfolio
7.6.4. Key Developments
7.7. GE Company
7.7.1. Business Description
7.7.2. Financial Information (Subject to data availability)
7.7.3. Product Portfolio
7.7.4. Key Developments
7.8. Mitsubishi Electric Corporation
7.8.1. Business Description
7.8.2. Financial Information (Subject to data availability)
7.8.3. Product Portfolio
7.8.4. Key Developments
7.9. Kawasaki Heavy Industries Ltd.
7.9.1. Business Description
7.9.2. Financial Information (Subject to data availability)
7.9.3. Product Portfolio
7.9.4. Key Developments
7.10. VEM Group
7.10.1. Business Description
7.10.2. Financial Information (Subject to data availability)
7.10.3. Product Portfolio
7.10.4. Key Developments
7.11. Siemens
7.11.1. Business Description
7.11.2. Financial Information (Subject to data availability)
7.11.3. Product Portfolio
7.11.4. Key Developments
7.12. Toshiba International Corporation
7.12.1. Business Description
7.12.2. Financial Information (Subject to data availability)
7.12.3. Product Portfolio
7.12.4. Key Developments
7.13. TTM Rail
7.13.1. Business Description
7.13.2. Financial Information (Subject to data availability)
7.13.3. Product Portfolio
7.13.4. Key Developments
7.14. Other Notable Players

TABLE 1 Global Traction Equipment Market, by Type, 2015 – 2025 (US$ Mn)
TABLE 2 Global Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
TABLE 3 Global Traction Equipment Market Revenue, by Geography, 2015 – 2025 (US$ Mn)
TABLE 4 North America Traction Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 5 North America Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
TABLE 6 Europe Traction Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 7 Europe Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
TABLE 8 Asia Pacific Traction Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 9 Asia Pacific Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
TABLE 10 Latin America Traction Equipment Market, by Country, 2015 – 2025 (US$ Mn)
TABLE 11 Latin America Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)
TABLE 12 MEA Traction Equipment Market, by Region, 2015 – 2025 (US$ Mn)
TABLE 13 MEA Traction Equipment Market, by Component, 2015 – 2025 (US$ Mn)

FIG. 1 Traction Equipment: Market Segmentation
FIG. 2 Global Traction Equipment Market, by Type, 2016 (US$ Mn)
FIG. 3 Global Traction Equipment Market, by Component, 2016 (US$ Mn)
FIG. 4 Global Traction Equipment Market, by Geography, 2016 (Value %)
FIG. 5 Porter’s Five Forces Model
FIG. 6 Attractive Investment Proposition, by Geography
FIG. 7 Market Competition Analysis, by Key Players, 2016 (Value %)
FIG. 8 Global DC Traction Systems Market, 2015 – 2025 (US$ Mn)
FIG. 9 Global AC Traction Systems Market, 2015 – 2025 (US$ Mn)
FIG. 10 Global Multi Traction Systems Market, 2015 – 2025 (US$ Mn)
FIG. 11 Global Traction Transformers Market, 2015 – 2025 (US$ Mn)
FIG. 12 Global Traction Motors Market, 2015 – 2025 (US$ Mn)
FIG. 13 Global Traction Converters Market, 2015 – 2025 (US$ Mn)

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