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Traction Transformer Market 2021 Size, Growth Analysis Report, Forecast to 2027

02-25-2021 04:07 PM CET | Industry, Real Estate & Construction

Press release from: Orion Market Reports

The global traction transformer market was valued at US$540.50 Mn in 2018 and is expected to reach 750.80 Mn by 2026 at a CAGR of 4% over the forecast period. The traction transformer market demand is driven primarily by advances in rail infrastructure around the world. Governments of each country are taking the lead in improving the railway infrastructure and starting new businesses such as high-power high-speed trains. In addition, the rapid electrification of rail networks worldwide and the increasing use of railroads is another factor driving demand for the traction transformer market. However, the complexity of the design and the high cost of the system are factors hindering the growth of the traction transformer market to some extent.
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A full report of Traction Transformer Market available at: https://www.orionmarketreports.com/traction-transformer-market/41153/

Key Market Companies

• ABB Ltd.
• Alstom SA
• JST Transformateurs
• Mitsubishi Electric Corporation
• Siemens AG
• EMCO Limited
• International Electric Co., Ltd.
• Setrans Holding as
• Wilson Transformer Company
• General Electric

Traction Transformer Market Segments:

By Sensors Type

• Inductive Loops
• Piezoelectric Sensors
• Image Sensors
• Infrared Sensors
• Lidar Sensors
• Radar Sensors
• Magnetic Sensors
• Acoustic Sensors
• Thermal Sensors
• Bending Plates

By Application

• Vehicle Measurement and Profiling
• Weigh in Motion (WIM)
• Traffic Monitoring
• Automated Tolling (E-Toll)

Reasons to Buying From us –

• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Traction Transformer Market Report

• What was the Traction Transformer Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Traction Transformer Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Traction Transformer Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Media Contact:

Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404

About Us:

Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.

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