Traction Transformer Market Forecast $1.69 Billion - 2018

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MarketsandMarkets Presents
Traction Transformer Market Forecast 1.69
Billion - 2018
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action-transformer-market-951.html
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According to a new market research report
"Traction Transformer Market Revenue Unit
Shipment, By Type (Tap Changing, Tapped
Rectifier), Rolling Stock (Electric Locomotives,
High Speed Trains, Electric Multiple Units (Emus)
Trams), Voltage Network (Ac Dc) Geography
(2013-2018)" ,published by MarketsandMarkets ,
the total market is expected to reach 1.69
billion by 2018, at a CAGR of 7.52. Browse gtgt
91 data tables
32 figures 210 pages
and in-depth TOC on Traction Transformer Market
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Traction transformers are very different from
distribution and power transformers and need
special considerations due to constraints like
space availability and vibration problems. Thus,
the stresses on traction transformers are very
high and they have to be designed to withstand
them. This report describes the market trends,
drivers, and challenges of the traction
transformer market and forecasts the market to
2018, based on type, rolling stock, voltage
network, and geography. This report covers
geographies like the Americas, Europe, APAC, and
ROW (Rest of the World). The major companies
involved in traction transformer market include
ABB (Switzerland), Siemens AG (Germany), and
Alstom SA (France). ABB is the market leader with
over 50 of market share. The global traction
transformer revenue market is expected to grow
from 1.17 billion in 2013 to 1.69 billion in
2018 at a CAGR of 7.52 from 2013 to 2018. In
terms of revenue, the market for traction
transformers in electric locomotives is larger as
compared to the other rolling stock.
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action-transformer-market-951.html
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The global traction transformer unit shipment
market is expected to grow from 6,031 units in
2013 to 8,507 units in 2018 at a CAGR of 7.12
from 2013 to 2018. EMU traction transformers
shipments are the largest, as they account for
the most mature market. Traction transformers
can be classified into three types -
Tap-Changing, Tapped, and Rectifier. In terms of
both - revenue and shipments, tapped traction
transformers form the biggest market with revenue
forecasted to reach 1.51 billion by 2018 at a
CAGR of 7.46 from 2013 to 2018. This report
also segments the global traction transformer
market by geography considering four segments -
the Americas, Europe, Asia-Pacific (APAC), and
Rest of the World (ROW). The traction transformer
market is highly geography-specific, with Europe
leading the pack due to its early acceptance of
the electric traction technology. U.S. is the
biggest potential market in the Americas due to
the current (2013) low electrification adoption
rate
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