Traction Transformer Market - Top Companies and Manufacturers

Companies Dominating the Traction Transformer Landscape

The traction transformer market consists of many key players who are launching various strategic initiatives to expand their market position in the industry. Major players leverage their extensive global networks to provide traction transformers worldwide, ensuring timely delivery and localized support.

Siemens AG
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis

ABB
JST Transformateurs
ZARCO REALTIES PRIVATE LIMITED
International Electric Co., Ltd.
Schneider Electric
Hitachi Energy Ltd
Wilson Transformer Company
General Electric Company
Setrans Holding AS

Browse Key Market Insights with Data Illustration:

Traction Transformer Market Size & Share, Growth Report 2036

In the News

In January 2024, ABB announced to provide the whole traction chain, including electric motors, transformers, and converters, in collaboration with Reloc, a regional contractor with expertise in modernizing and refurbishing locomotives used in Romania.
The initiative will enable them to achieve high levels of energy efficiency and dependability and will allow increases in drive train efficiency of approximately 5% overall when compared to the previous traction system that used DC motors.
In September 2022, Hitachi Energy Ltd announced the introduction of RESIBLOC Rail, an innovative oil-free and plug-and-play traction transformer that offers the customer a plug-and-play dry-type traction transformer solution that has never been possible before.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of traction transformer was over USD 1.6 billion.

The market size for traction transformer is projected to cross USD 3.2 billion by the end of 2036 expanding at a CAGR of 6.7% during the forecast period i.e., between 2024-2036.

The major players in the market are ABB, JST Transformateurs, ZARCO REALTIES PRIVATE LIMITED, International Electric Co., Ltd., Schneider Electric, Hitachi Energy Ltd, Wilson Transformer Company, General Electric Company, Setrans Holding AS, and others.

In terms of voltage network, the alternative current (AC) systems segment is anticipated to account for the largest market share of 70.1% during 2024-2036.

The Asia Pacific traction transformer sector is poised to hold the highest share of 50.1% by 2036.

Traction Transformer Market - Top Companies and Manufacturers

Companies Dominating the Traction Transformer Landscape

Browse Key Market Insights with Data Illustration:

In the News

Frequently Asked Questions (FAQ)

How big is the traction transformer industry?

What is the outlook for the traction transformer market?

Who are the major players dominating the traction transformer landscape?

Which voltage network segment captures the significant market share for traction transformer by 2036?

Which region will provide more opportunities for the traction transformer business in near future?