Global Traction Transformer Market - Industry Analysis Size Share Growth Trends and Forecast 2024 - 2031

Product Description

A traction transformer is a large single-phase transformer fitted in the locomotive to feed power to traction motors and other auxiliaries. It takes 25kv AC from the overhead line as primary voltage. This voltage is then stepped down to say 1500volts and fed to a rectifier for running DC traction motors. Alternatively, the output of traction transformer may be fed to rectifier - inverter set for running three-phase AC traction motors. The Traction Transformer market revenue was xx Million USD in 2019, grew to xx Million USD in 2023, and will reach xx Million USD in 2031, with a CAGR of xx during 2024-2031. Considering the influence of COVID-19 on the global Traction Transformer market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions. This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery. Under COVID-19 Outbreak, how the Traction Transformer Industry will develop is also analyzed in detail in Chapter 1.8 of this report. Major Players in Traction Transformer market are: Sunten Electric Tianwei Group TBEA SIEMENS China XD Group SETRANS HOLDING MITSUBISHI ELECTRIC Luneng Mount.Tai Electric Alstom Sunlight Electric ABB Dachi Electric Wolong ELectric Most important types of Traction Transformer products covered in this report are: Core Type Traction Transformer Shell Type Traction Transformer Most widely used downstream fields of Traction Transformer market covered in this report are: Tram-Trains Regional Trains High-Speed Trains Major Regions or countries covered in this report: North America Europe China Japan Middle East and Africa South America India South Korea Southeast Asia Others In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations. In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out. In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.