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Railway Traction Motor Market by Type (Direct Current Traction Motors, Alternating Current Traction Motors, and Synchronous Alternating Current Traction Motor) and by Application (Diesel Locomotive, Electric Multiple Units, Electric Locomotives, and Diese

08-02-2018 10:10 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Research Beam

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Railway Traction Motor Market by Type (Direct Current Traction

The global railway traction motor market was valued at $30.3 billion in 2016, and is estimated to reach $41.6 billion by 2025, growing at a CAGR of 3.8% from 2017 to 2025. Railway traction motor is a type of electric motor, which is used in electrically powered rail vehicles. The global railway traction motor market is expected to witness a significant growth in the future, owing to the technological advancements and increase in the global economy.

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The Europe railway traction motor market is expected to register the highest revenue during the forecast period, due to the implementation of stringent government rules & regulations towards fuel emission and increase in the environmental concerns across various nations.

The railway traction motor market is segmented based on type, application, and geography. Based on type, the market is classified into DC traction motor, AC traction motor, and synchronous AC traction motor. By application, it is divided as diesel locomotive, electric multiple units, electric locomotives, diesel electric locomotives. Geographically, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players profiled in the report are ABB, Saini Group, Sulzer Ltd, ALSTOM, Bombardier, BHEL, Hyundai Rotem Company, Mitsubishi Electric Corporation, Siemens, and VEM Group.

The report presents the key strategies adopted by these players and a detailed analysis of the current trends, upcoming opportunities, and restraints of the railway traction motor market.

KEY BENEFITS FOR STAKEHOLDERS

An in-depth analysis and dynamics of the global railway traction motor market is provided to understand the market scenario.

Quantitative analysis of the current trends, and future estimations from 2017 to 2025 are provided to assist strategists and stakeholders to capitalize on the prevailing market opportunities.

Porter’s five forces analysis examines the competitive structure and provides a clear understanding of the factors that influence the market entry and expansion.

A detailed analysis of the geographical segments enables the identification of the profitable segments for the market players.
Comprehensive analysis of the trends, subsegments, and key revenue pockets of the market is provided.

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KEY MARKET SEGMENTS

By Type
Direct Current Traction Motor
Alternating Current Traction Motor
Synchronous Alternating Current Traction Motor

By Application
Diesel Locomotive
Electric Multiple Units
Electric Locomotives
Diesel Electric Locomotives

By Region
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Spain
Italy
Rest of Europe
Asia-Pacific
China
Japan
India
Australia
South Korea
Rest of Asia-Pacific
LAMEA
Brazil
Saudi Arabia
South Africa
Rest of LAMEA

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