- Description
- Table of Contents
- Request Sample
The Global Railway Traction Motor market is expected to reach $53.75 billion by 2026 growing at a CAGR of 5.9% during 2019 to 2026. Railway traction motor is specially designed motors for locomotive purpose such as milk floats, elevators and others it also provide high durability and robust performance. Railway Traction Motor is electric motor used for vehicle propulsion in electrically powered vehicles. These traction motor provide effective torque and mechanical force which is required for the effective functioning of the railway coaches due to the large weight and long service. A traction motor is used for propelling heavy vehicles such as railways, locomotives, and industrial machineries. Factors such as increase in railway projects, increasing demand for rail logistics owing to the growing trade activities, increase in electrification in railways, increase in freight transportation through railroad, growing popularity of metro rails, lower emission of greenhouse gases, and the growth of intermodal transportation are fuelling the market growth. However, high investment is required for designing and manufacturing of traction motor is hampering the market. By application, the diesel locomotive segment is expected to grow at the significant rate over the forecast period. A diesel locomotive is a type of railway locomotive in which the prime mover is a diesel engine. Several types of diesel locomotives have been developed, differing mainly in the means by which mechanical power is conveyed to the driving wheels. Diesel locomotives in South and Central America are mostly operated in freight transport. The key vendors mentioned are Aisin Seiki Co. Ltd., Mitsubishi Electric, ABB Ltd., Hitachi, Alstom Holdings SA, Bharat Heavy Electricals Ltd., VEM Sachsenwerk, Bombardier Inc., Sulzer Ltd., Caterpillar Inc., Saini Group, General Electric Co., Hyundai Motor Co., Siemens AG, Skoda Transportation, and Toshiba International Corp. Types Covered: • Alternating Current Traction Motor • Direct Current Traction Motor • Synchronous AC Traction Motor Applications Covered: • Electric Locomotive • Direct Electric Locomotive • Diesel Locomotive • Electric Multiple Unit Sales Channels Covered: • Direct Sales • Distributor Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2018 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Railway Traction Motor Market, By Type
5.1 Introduction
5.2 Alternating Current Traction Motor
5.3 Direct Current Traction Motor
5.4 Synchronous AC Traction Motor
6 Global Railway Traction Motor Market, By Application
6.1 Introduction
6.2 Electric Locomotive
6.3 Direct Electric Locomotive
6.4 Diesel Locomotive
6.5 Electric Multiple Unit
7 Global Railway Traction Motor Market, By Sales Channel
7.1 Introduction
7.2 Direct Sales
7.3 Distributor
8 Global Railway Traction Motor Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Strategic Benchmarking
10 Vendors Landscape
10.1 Aisin Seiki Co. Ltd.
10.2 Mitsubishi Electric
10.3 ABB Ltd.
10.4 Hitachi
10.5 Alstom Holdings SA
10.6 Bharat Heavy Electricals Ltd.
10.7 VEM Sachsenwerk
10.8 Bombardier Inc.
10.9 Sulzer Ltd.
10.10 Caterpillar Inc.
10.11 Saini Group
10.12 General Electric Co.
10.13 Hyundai Motor Co.
10.14 Siemens AG
10.15 Skoda Transportation
10.16 Toshiba International Corp.
List of Data Tables
1 Global Railway Traction Motor Market Outlook, By Region (2018-2026) ($MN)
2 Global Railway Traction Motor Market Outlook, By Type (2018-2026) ($MN)
3 Global Railway Traction Motor Market Outlook, By Alternating Current Traction Motor (2018-2026) ($MN)
4 Global Railway Traction Motor Market Outlook, By Direct Current Traction Motor (2018-2026) ($MN)
5 Global Railway Traction Motor Market Outlook, By Synchronous AC Traction Motor (2018-2026) ($MN)
6 Global Railway Traction Motor Market Outlook, By Application (2018-2026) ($MN)
7 Global Railway Traction Motor Market Outlook, By Electric Locomotive (2018-2026) ($MN)
8 Global Railway Traction Motor Market Outlook, By Direct Electric Locomotive (2018-2026) ($MN)
9 Global Railway Traction Motor Market Outlook, By Diesel Locomotive (2018-2026) ($MN)
10 Global Railway Traction Motor Market Outlook, By Electric Multiple Unit (2018-2026) ($MN)
11 Global Railway Traction Motor Market Outlook, By Sales Channel (2018-2026) ($MN)
12 Global Railway Traction Motor Market Outlook, By Direct Sales (2018-2026) ($MN)
13 Global Railway Traction Motor Market Outlook, By Distributor (2018-2026) ($MN)
14 North America Railway Traction Motor Market Outlook, By Type (2018-2026) ($MN)
15 North America Railway Traction Motor Market Outlook, By Application (2018-2026) ($MN)
16 North America Railway Traction Motor Market Outlook, By Sales Channel (2018-2026) ($MN)
17 Europe Railway Traction Motor Market Outlook, By Type (2018-2026) ($MN)
18 Europe Railway Traction Motor Market Outlook, By Application (2018-2026) ($MN)
19 Europe Railway Traction Motor Market Outlook, By Sales Channel (2018-2026) ($MN)
20 Asia Pacific Railway Traction Motor Market Outlook, By Type (2018-2026) ($MN)
21 Asia Pacific Railway Traction Motor Market Outlook, By Application (2018-2026) ($MN)
22 Asia Pacific Railway Traction Motor Market Outlook, By Sales Channel (2018-2026) ($MN)
23 South America Railway Traction Motor Market Outlook, By Type (2018-2026) ($MN)
24 South America Railway Traction Motor Market Outlook, By Application (2018-2026) ($MN)
25 South America Railway Traction Motor Market Outlook, By Sales Channel (2018-2026) ($MN)
26 Middle East & Africa Railway Traction Motor Market Outlook, By Type (2018-2026) ($MN)
27 Middle East & Africa Railway Traction Motor Market Outlook, By Application (2018-2026) ($MN)
28 Middle East & Africa Railway Traction Motor Market Outlook, By Sales Channel (2018-2026) ($MN)