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Traction Transformer Market Research Report - Global Forecast till 2025

Global Traction Transformer Market Research Report: Information by Type (Tap Changing and Rectifier), by Overhead Line Voltage (AC System and DC System), by Mounting Position (Underframe, Machine Room and Roof), by Rolling Stock (Electric Locomotives, High Speed Trains and Metros) and by Region (North America, Europe, Asia-Pacific, Middle East & Africa and South America) - Forecast till 2025

ID: MRFR/E&P/5559-CR | October 2019 | Region: Global | 148 pages

Market Synopsis


Traction transformers are primarily used in the railway industry to power electric locomotives. Traction transformers convert electric power supplied by the power company to an appropriate voltage to power the traction motors of the engine and other auxiliaries. The traction transformer converts high voltage AC to low voltage DC, which is fed to the rectifier to run the DC traction motors.


The global market for traction transformers is expected to grow at a steady rate during the forecast period and is primarily due to the growth of intracity railway infrastructure and upgrade of electrical systems in rolling stocks. The various developments in transport systems buses, trains, cars, and motorbikes could be used for public commute. However, in the recent years due to the increasing awareness among people about climate change and growing pollution levels, commuters are choosing public transport over private transport. Since the International Union of Railways specified that trains are 2 to 5 times more energy efficient than road, inland shipping, and aviation, it is one of the most popular means for passenger commute. Furthermore, intracity public transport, especially the metro enables faster rides compared to buses and cars. Additionally, metros are much safer for as they run on specified routes, eliminating the risk of accidents. Such factors increase the demand for metros in major cities across the world. For instance, the Indian government is introducing intracity metro services in the cities including Pune, Coimbatore, Surat, Kanpur, Patna, and Guwahati to reduce traffic congestions and improve public transport. Most of these railway networks are expected to be operational by 2025. Such growth of metro transit is expected to drive the demand for the global traction transformer market during the forecast period, as such infrastructures are supported by electricity.


According to the International Association Public Transport (UITP), as of December 2017, 178 metro systems include an installed asset base of 642 lines covering a length of 13,903 km. This increase in the length of metro lines is primarily due to the new metro line added in 19 cities in China, the addition of metro lines of 577 Km in India and Iran, and the addition of new metro lines covering a length of 820 Km in established metro cities. According to statistical data from UITP, globally metro ridership grew by 19.5% between 2011 and 2017 amounting to 53.7 billion.  


Segmentation: Global Traction Transformer Market


The global market is segmented by type, overhead line voltage, mounting position, rolling stock., and region. By type, the global traction transformer market has been segmented into tap changing and rectifier. By overhead line voltage, the global traction transformer market has been divided into the AC system and DC system. On the basis of mounting position, the global traction transformer market has been segmented into underframe, machine room, and roof. By rolling stock, the global traction transformer market has been segmented into electric locomotives, high-speed trains, and metros.


Geographically, the global traction transformer market has been segmented into five major regions, namely North America, Europe, Asia-Pacific, Middle East & Africa, and South America. Asia-Pacific is one of the prominent regions in the world, has been witnessing an increased demand for public transport with the increase in population and the technological advancement in transport & infrastructure industry. This drives the growth of the traction transformer market in the region.  As per the International Association of Public Transport Statistics Report 2018, there are approximately 26,690 million passengers annually in Asia-Pacific. Additionally, according to Asian Development Bank (ADB), Asia-Pacific requires an estimated investment of USD 2.5 trillion in the transportation sector including the development of rails, roads, and highways during the period 2010–2020. Moreover, in 2019, the South Australian Government recommenced the operation of trams service in the upgraded section of tram lines between South Terrace and Botanic Gardens to meet the increasing demand for public transport in Australia. Such developments are expected to drive the traction transformer market in Asia-Pacific during the forecast period.


Prominent Players


The Prominent Players in the global traction transformer market are ABB (Switzerland), Siemens (Germany), Toshiba Corporation (Japan), Mitsubishi Electric Corporation (Japan), Altrafo Srl (Italy), Emco Limited (India), Alstom (France), JST Group (France), International Electric Co Ltd (South Korea), Schneider Electric (France), Hind Rectifiers Limited (India), CG Power and Industrial Solutions Limited (India), and WEG (Brazil).  


The report for the global traction transformer market of Market Research Future research covers extensive primary research. This is accompanied by a detailed analysis of qualitative and quantitative aspects by various industry experts and key opinion leaders to gain deeper insights into the market and industry performance. The report gives a clear picture of the current market scenario, which includes the historical and forecasted market size, in terms of value and volume, technological advancement, macroeconomic, and governing factors of the market. The report provides comprehensive information about the strategies of the top companies in the industry, along with a broad study of the different market segments and regions.



Frequently Asked Questions (FAQ) :

The global traction transformer market is expected to record a substantial market valuation.

The global traction transformer market is projected to register a moderate CAGR in the forecast period.

Increasing intracity railway infrastructure and upgrade of electrical systems are driving the growth of the market.

the lack of investment in underdeveloped economies are likely to hamper the growth of the traction transformer market over the review period.

The tap changing segment is slated to expand as the fastest-growing segment.

The metro segment is slated to expand as the fastest-growing segment.

A few major market players operating in the global traction transformer market are ABB (Switzerland), Toshiba Corporation (Japan), Siemens (Germany), Mitsubishi Electric Corporation (Japan), among others.

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TABLE OF CONTENT

1.1 MARKET ATTRACTIVENESS ANALYSIS 16

1.1.1 GLOBAL TRACTION TRANSFORMER MARKET, BY TYPE 17

1.1.2 GLOBAL TRACTION TRANSFORMER MARKET, BY Overhead line voltage 18

1.1.3 GLOBAL TRACTION TRANSFORMER MARKET, BY Mounting position 19

1.1.4 GLOBAL TRACTION TRANSFORMER MARKET, BY Rolling Stock 20

1.1.5 GLOBAL TRACTION TRANSFORMER MARKET, BY REGION 21

2.1 DEFINITION 22

2.2 SCOPE OF THE STUDY 22

2.3 Research Objective 22

2.4 MARKET STRUCTURE 23

3.1 RESEARCH PROCESS 24

3.2 PRIMARY RESEARCH 25

3.3 SECONDARY RESEARCH 26

3.4 MARKET SIZE ESTIMATION 27

3.5 FORECAST MODEL 28

3.6 List of Assumptions 29

5.1 Overview 33

5.2 Drivers 33

5.2.1 Growth of Intracity Railway Infrastructure 33

5.2.2 Upgrade of Electrical Systems in Rolling Stocks 34

5.3 Restraint 34

5.3.1 High Initial Investment in Electrification of Railway Networks 34

5.4 Opportunity 35

5.4.1 Growing Metro and High-Speed Rail in Developing Countries 35

6.1 supply CHAIN ANALYSIS 36

6.1.1 Raw Material Supply 37

6.1.2 Manufacture & Assembly 37

6.1.3 Sales & Distribution 37

6.1.4 End Use 37

6.1.5 Aftersales 37

6.2 PORTER’S FIVE FORCES MODEL 38

6.2.1 THREAT OF NEW ENTRANTS 39

6.2.2 BARGAINING POWER OF SUPPLIERS 39

6.2.3 BARGAINING POWER OF BUYERS 39

6.2.4 THREAT OF SUBSTITUTES 39

6.2.5 RIVALRY 39

7.1 OVERVIEW 40

7.2 Tap Changing 41

7.3 Rectifier 41

8.1 OVERVIEW 42

8.2 AC System 43

8.2.1 12 KV 44

8.2.2 15 KV 44

8.2.3 20 KV 44

8.2.4 25 KV 44

8.3 DC System 44

8.3.1 0.7kV 45

8.3.2 1.5kV 45

8.3.3 3kV 45

9.1 OVERVIEW 46

9.2 Underframe 47

9.3 Machine Room 48

9.4 Roof 48

10.1 OVERVIEW 49

10.2 Electric Locomotives 50

10.2.1 Freight Locomotives 51

10.2.2 Passenger Locomotives 51

10.3 High-Speed Trains 51

10.4 Metros 51

11.1 OVERVIEW 52

11.2 NORTH AMERICA 54

11.2.1 US 56

11.2.2 CANADA 57

11.2.3 MEXICO 59

11.3 EUROPE 61

11.3.1 RUSSIA 63

11.3.2 france 65

11.3.3 UK 66

11.3.4 GERMANY 68

11.3.5 italy 69

11.3.6 switzerland 71

11.3.7 spain 73

11.3.8 austria 74

11.4 ASIA-PACIFIC 77

11.4.1 China 79

11.4.2 INDIA 80

11.4.3 AUSTRALIA 82

11.4.4 JAPAN 84

11.4.5 rest of ASIA-pacific 85

11.5 MIDDLE EAST & AFRICA 87

11.5.1 Saudi Arabia 89

11.5.2 uae 90

11.5.3 south africa 92

11.5.4 rest of Middle East & Africa 94

11.6 South AMERICA 96

11.6.1 brazil 98

11.6.2 Argentina 99

11.6.3 rest of South America 101

12.1 COMPETITIVE OVERVIEW 103

12.2 COMPETITIVE BENCHMARKING 104

12.3 MARKET SHARE ANALYSIS 105

12.4 KEY DEVELOPMENTS & GROWTH STRATEGIES 105

12.4.1 PRODUCT LAUNCHes 105

12.4.2 Contracts & Agreements 106

TABLE 1 PRIMARY INTERVIEWS 23

TABLE 2 LIST OF ASSUMPTIONS 27

TABLE 3 GLOBAL TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 39

TABLE 4 GLOBAL TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 41

TABLE 5 GLOBAL TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 45

TABLE 6 GLOBAL TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 48

TABLE 7 GLOBAL TRACTION TRANSFORMER MARKET, BY REGION, 2017–2025 (USD MILLION) 51

TABLE 8 NORTH AMERICA: TRACTION TRANSFORMER MARKET, BY COUNTRY, 2017–2025 (USD MILLION) 52

TABLE 9 NORTH AMERICA: GLOBAL TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 52

TABLE 10 NORTH AMERICA: GLOBAL TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 53

TABLE 11 NORTH AMERICA: GLOBAL TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 53

TABLE 12 NORTH AMERICA: GLOBAL TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 53

TABLE 13 US: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 54

TABLE 14 US: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 54

TABLE 15 US: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 55

TABLE 16 US: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 55

TABLE 17 CANADA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 56

TABLE 18 CANADA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 56

TABLE 19 CANADA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 56

TABLE 20 CANADA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 57

TABLE 21 MEXICO: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 57

TABLE 22 MEXICO: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 58

TABLE 23 MEXICO: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 58

TABLE 24 MEXICO: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 58

TABLE 25 EUROPE: TRACTION TRANSFORMER MARKET, BY COUNTRY, 2017–2025 (USD MILLION) 59

TABLE 26 EUROPE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 60

TABLE 27 EUROPE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 60

TABLE 28 EUROPE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 60

TABLE 29 EUROPE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 61

TABLE 30 RUSSIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 61

TABLE 31 RUSSIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 62

TABLE 32 RUSSIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 62

TABLE 33 RUSSIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 62

TABLE 34 FRANCE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 63

TABLE 35 FRANCE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 63

TABLE 36 FRANCE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 64

TABLE 37 FRANCE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 64

TABLE 38 UK: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 64

TABLE 39 UK: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 65

TABLE 40 UK: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 65

TABLE 41 UK: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 65

TABLE 42 GERMANY: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 66

TABLE 43 GERMANY: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 66

TABLE 44 GERMANY: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 67

TABLE 45 GERMANY: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 67

TABLE 46 ITALY: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 68

TABLE 47 ITALY: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 68

TABLE 48 ITALY: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 68

TABLE 49 ITALY: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 69

TABLE 50 SWITZERLAND: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 69

TABLE 51 SWITZERLAND: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 70

TABLE 52 SWITZERLAND: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 70

TABLE 53 SWITZERLAND: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 70

TABLE 54 SPAIN: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 71

TABLE 55 SPAIN: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 71

TABLE 56 SPAIN: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 72

TABLE 57 SPAIN: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 72

TABLE 58 AUSTRIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 73

TABLE 59 AUSTRIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 73

TABLE 60 AUSTRIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 73

TABLE 61 AUSTRIA TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 74

TABLE 62 ASIA-PACIFIC: TRACTION TRANSFORMER MARKET, BY COUNTRY, 2017–2025 (USD MILLION) 75

TABLE 63 ASIA-PACIFIC: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017 – 2025 (USD MILLION) 75

TABLE 64 ASIA-PACIFIC: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 76

TABLE 65 ASIA-PACIFIC: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 76

TABLE 66 ASIA-PACIFIC: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 76

TABLE 67 CHINA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 77

TABLE 68 CHINA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 77

TABLE 69 CHINA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 78

TABLE 70 CHINA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 78

TABLE 71 INDIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 79

TABLE 72 INDIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 79

TABLE 73 INDIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 79

TABLE 74 INDIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 80

TABLE 75 AUSTRALIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 80

TABLE 76 AUSTRALIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 81

TABLE 77 AUSTRALIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 81

TABLE 78 AUSTRALIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 81

TABLE 79 JAPAN: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 82

TABLE 80 JAPAN: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 82

TABLE 81 JAPAN: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 82

TABLE 82 JAPAN: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 83

TABLE 83 REST OF ASIA-PACIFIC: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 83

TABLE 84 REST OF ASIA-PACIFIC: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE 2017–2025 (USD MILLION) 84

TABLE 85 REST OF ASIA-PACIFIC: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 84

TABLE 86 REST OF ASIA-PACIFIC: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK 2017–2025 (USD MILLION) 84

TABLE 87 MIDDLE EAST & AFRICA: TRACTION TRANSFORMER MARKET, BY REGION, 2017–2025 (USD MILLION) 85

TABLE 88 MIDDLE EAST & AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 85

TABLE 89 MIDDLE EAST & AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017– 2025 (USD MILLION) 86

TABLE 90 MIDDLE EAST & AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 86

TABLE 91 MIDDLE EAST & AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 86

TABLE 92 SAUDI ARABIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 87

TABLE 93 SAUDI ARABIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 87

TABLE 94 SAUDI ARABIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 88

TABLE 95 SAUDI ARABIA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 88

TABLE 96 UAE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 89

TABLE 97 UAE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 89

TABLE 98 UAE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 89

TABLE 99 UAE: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 90

TABLE 100 SOUTH AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 90

TABLE 101 SOUTH AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 91

TABLE 102 SOUTH AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 91

TABLE 103 SOUTH AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 91

TABLE 104 REST OF MIDDLE EAST & AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 92

TABLE 105 REST OF MIDDLE EAST & AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 92

TABLE 106 REST OF MIDDLE EAST & AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 93

TABLE 107 REST OF MIDDLE EAST & AFRICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLIGN STOCK, 2017–2025 (USD MILLION) 93

TABLE 108 SOUTH AMERICA: TRACTION TRANSFORMER MARKET, BY REGION, 2017–2025 (USD MILLION) 94

TABLE 109 SOUTH AMERICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 94

TABLE 110 SOUTH AMERICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 95

TABLE 111 SOUTH AMERICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 95

TABLE 112 SOUTH AMERICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 95

TABLE 113 BRAZIL: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 96

TABLE 114 BRAZIL: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 96

TABLE 115 BRAZIL: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 96

TABLE 116 BRAZIL: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 97

TABLE 117 ARGENTINA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 97

TABLE 118 ARGENTINA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 98

TABLE 119 ARGENTINA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 98

TABLE 120 ARGENTINA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, ROLLING STOCK, 2017–2025 (USD MILLION) 98

TABLE 121 REST OF SOUTH AMERICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY TYPE, 2017–2025 (USD MILLION) 99

TABLE 122 REST OF SOUTH AMERICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 99

TABLE 123 REST OF SOUTH AMERICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 99

TABLE 124 REST OF SOUTH AMERICA: TRACTION TRANSFORMER: MARKET ESTIMATES & FORECAST, BY ROLLING STOCK, 2017–2025 (USD MILLION) 100

TABLE 125 PRODUCT LAUNCHES 103

TABLE 126 CONTRACTS & AGREEMENTS 104

FIGURE 1 MARKET SYNOPSIS 13

FIGURE 2 MARKET ATTRACTIVENESS ANALYSIS: GLOBAL TRACTION TRANSFORMER MARKET 14

FIGURE 3 GLOBAL TRACTION TRANSFORMER MARKET ANALYSIS, BY TYPE 15

FIGURE 4 GLOBAL TRACTION TRANSFORMER MARKET ANALYSIS, BY OVERHEAD LINE VOLTAGE 16

FIGURE 5 GLOBAL TRACTION TRANSFORMER MARKET ANALYSIS, BY MOUNTING POSITION 17

FIGURE 6 GLOBAL TRACTION TRANSFORMER MARKET ANALYSIS, BY ROLLING STOCK 18

FIGURE 7 GLOBAL TRACTION TRANSFORMER MARKET ANALYSIS, BY REGION 19

FIGURE 8 GLOBAL TRACTION TRANSFORMER MARKET: STRUCTURE 21

FIGURE 9 RESEARCH PROCESS 22

FIGURE 10 TOP-DOWN & BOTTOM-UP APPROACHES 25

FIGURE 11 NORTH AMERICA: TRACTION TRANSFORMER MARKET SIZE & MARKET SHARE, BY COUNTRY (2018 VS 2025) 28

FIGURE 12 EUROPE: TRACTION TRANSFORMER MARKET SIZE & MARKET SHARE, BY COUNTRY (2018 VS 2025) 28

FIGURE 13 ASIA-PACIFIC: TRACTION TRANSFORMER MARKET SIZE & MARKET SHARE, BY COUNTRY (2018 VS 2025) 29

FIGURE 14 MIDDLE EAST & AFRICA: TRACTION TRANSFORMER MARKET SIZE & MARKET SHARE, BY COUNTRY (2018 VS 2025) 29

FIGURE 15 SOUTH AMERICA: TRACTION TRANSFORMER MARKET SIZE & MARKET SHARE, BY COUNTRY (2018 VS 2025) 30

FIGURE 16 METRO RIDERSHIP (2011–2017) 31

FIGURE 17 SUPPLY CHAIN: GLOBAL TRACTION TRANSFORMER MARKET 34

FIGURE 18 PORTER'S FIVE FORCES ANALYSIS: GLOBAL TRACTION TRANSFORMER MARKET 36

FIGURE 19 GLOBAL TRACTION TRANSFORMER MARKET, BY TYPE, 2018 (% SHARE) 38

FIGURE 20 GLOBAL TRACTION TRANSFORMER MARKET, BY TYPE, 2017–2025 (USD MILLION) 38

FIGURE 21 GLOBAL TRACTION TRANSFORMER MARKET, BY OVERHEAD LINE VOLTAGE, 2018 (% SHARE) 40

FIGURE 22 GLOBAL TRACTION TRANSFORMER MARKET, BY OVERHEAD LINE VOLTAGE, 2017–2025 (USD MILLION) 41

FIGURE 23 GLOBAL TRACTION TRANSFORMER MARKET, BY MOUNTING POSITION, 2018 (% SHARE) 44

FIGURE 24 GLOBAL TRACTION TRANSFORMER MARKET, BY MOUNTING POSITION, 2017–2025 (USD MILLION) 45

FIGURE 25 GLOBAL TRACTION TRANSFORMER MARKET, BY ROLLING STOCK, 2018 (% SHARE) 47

FIGURE 26 GLOBAL TRACTION TRANSFORMER MARKET, BY ROLLING STOCK, 2017–2025 (USD MILLION) 48

FIGURE 27 GLOBAL TRACTION TRANSFORMER MARKET, BY REGION, 2018 (% SHARE) 50

FIGURE 28 GLOBAL TRACTION TRANSFORMER MARKET, BY REGION, 2017–2025 (USD MILLION) 50

FIGURE 29 BENCHMARKING OF MAJOR COMPETITORS 102

FIGURE 30 MARKET SHARE ANALYSIS, 2018 103