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Download Free sampleTraction converters are converters that supply traction motors, including high power diodes and thyristors, capacitors and reactors. The function of the traction converter is to convert the electric energy between the DC system and the AC system, and to control and regulate various traction motors to control the operation of the locomotive.
Traction Converter Market contains market size and forecasts of Traction Converter in global, including the following market information:
Global Traction Converter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Traction Converter Market Sales, 2017-2022, 2023-2028, (Unit)
Global top five Traction Converter companies in 2021 (%)
The global Traction Converter market was valued at 2417.4 million in 2021 and is projected to reach US$ 2966.4 million by 2028, at a CAGR of 3.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Propulsion Converter Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Traction Converter include ABB, CRRC, Siemens, Ingeteam, Bombardier, Voith, Toshiba, CAF Power & Automation and Kon?ar, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Traction Converter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Traction Converter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Traction Converter Market Segment Percentages, by Type, 2021 (%)
Propulsion Converter
Integrated Compact Converter
Global Traction Converter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Traction Converter Market Segment Percentages, by Application, 2021 (%)
Diesel Locomotive
Electric Locomotive
EMU
Metro and DEMU
Global Traction Converter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Unit)
Global Traction Converter Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Traction Converter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Traction Converter revenues share in global market, 2021 (%)
Key companies Traction Converter sales in global market, 2017-2022 (Estimated), (Unit)
Key companies Traction Converter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
CRRC
Siemens
Ingeteam
Bombardier
Voith
Toshiba
CAF Power & Automation
Kon?ar
Medha
Inovance
Cgglobal
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
