Railway traction system can be simply defined as a driving force that causes propulsion of the railway. It consists of all the components that collect the power from its source, condition and convert this power, and use it to propel the locomotive and coaches. LPI (LP Information)' newest research report, the ﾓRailway Traction System Industry Forecastﾔ looks at past sales and reviews total world Railway Traction System sales in 2022, providing a comprehensive analysis by region and market sector of projected Railway Traction System sales for 2023 through 2029. With Railway Traction System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Railway Traction System industry. This Insight Report provides a comprehensive analysis of the global Railway Traction System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Railway Traction System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Railway Traction System market. This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Railway Traction System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Railway Traction System. The global Railway Traction System market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029. United States market for Railway Traction System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029. China market for Railway Traction System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029. Europe market for Railway Traction System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029. Global key Railway Traction System players cover ABB, Alstom, CAF Power and Automation., Hitachi, Ltd, Infineon Technologies AG, Ingeteam Power Technology, Medha Servo Drives Private Limited, TOSHIBA CORPORATION and TOYO DENKI SEIZO K.K., etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022. This report presents a comprehensive overview, market shares, and growth opportunities of Railway Traction System market by product type, application, key manufacturers and key regions and countries. Market Segmentation: Segmentation by type Electric Traction Systems AC Electrification System DC Electrification System Composite System Diesel Others (Steam, CNG, Battery, etc.) Segmentation by application High-speed railways Metro/ Subway Trams Suburban Monorail Freight This report also splits the market by region: Americas United States Canada Mexico Brazil APAC China Japan Korea Southeast Asia India Australia Europe Germany France UK Italy Russia Middle East & Africa Egypt South Africa Israel Turkey GCC Countries The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration. ABB Alstom CAF Power and Automation. Hitachi, Ltd Infineon Technologies AG Ingeteam Power Technology Medha Servo Drives Private Limited TOSHIBA CORPORATION TOYO DENKI SEIZO K.K. Voith GmbH and Co. KGaA Key Questions Addressed in this Report What is the 10-year outlook for the global Railway Traction System market? What factors are driving Railway Traction System market growth, globally and by region? Which technologies are poised for the fastest growth by market and region? How do Railway Traction System market opportunities vary by end market size? How does Railway Traction System break out type, application? What are the influences of COVID-19 and Russia-Ukraine war?
1 Scope of the Report 1.1 Market Introduction 1.2 Years Considered 1.3 Research Objectives 1.4 Market Research Methodology 1.5 Research Process and Data Source 1.6 Economic Indicators 1.7 Currency Considered 1.8 Market Estimation Caveats 2 Executive Summary 2.1 World Market Overview 2.1.1 Global Railway Traction System Annual Sales 2018-2029 2.1.
