Press release
Railway Traction Motor Market Segmented by Product, Top Manufacturers, Geography Trends & Forecasts to 2026
railway traction motor market
The Objective of the "Global Railway Traction Motor Market" report is to depict the trends and upcoming for the Railway Traction Motor industry over the forecast years. Railway Traction Motor Market report data has been gathered from industry specialists/experts. Although the market size of the market is studied and predicted from 2017 to 2025 mulling over 2016 as the base year of the market study. Attentiveness for the market has increased in recent decades due to development and improvement in the innovation.
Inquire more about this report @ https://www.alliedmarketresearch.com/purchase-enquiry/4583
In 2016, the diesel locomotive segment dominated the global market, in terms of revenue with 47.9% share, followed by the diesel-electric locomotive motor.
Europe was the highest revenue contributor to the railway traction motor market in 2016, accounting for around 34.4% share, owing to the surge in demand for electrification of automobiles.
A traction motor is used for propelling heavy vehicles such as railways, locomotives, and industrial machineries. A railway traction motor generates enough torque to propel a heavy vehicle. These motors are durable and deliver high performance.
Get Sample Report for More Details @ https://www.alliedmarketresearch.com/request-sample/4583
The report provides a comprehensive analysis of the key growth strategies adopted by the major players of the railway traction motor market. The key players profiled in the report are ABB Group, Saini Group, Sulzer Ltd, ALSTOM, Bombardier, BHEL, Hyundai Rotem Company, Mitsubishi Electric Corporation, Siemens, and VEM Group. They have adopted competitive strategies such as innovation, new product development, and market expansion to boost the growth of the market.
Key Findings of the Railway Traction Motor Market:
The synchronous motor segment accounted for the highest share in 2017, growing at a CAGR of 4.6% from 2017 to 2025. AC traction motor segment generated the highest revenue, accounting for $15.1 billion in 2017. Europe is expected to dominate the market, in terms of market share, during the forecast period.
Get detailed COVID-19 impact analysis on the Railway Traction Motor: https://www.alliedmarketresearch.com/request-for-customization/4583?reqfor=covid
Contact:
David Correa
Portland, OR, United States
USA/Canada (Toll Free): +1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com
Follow Us on LinkedIn: https://www.linkedin.com/company/allied-market-research
About Us
Allied Market Research (AMR) is a market research and business-consulting firm of Allied Analytics LLP, based in Portland, Oregon. AMR offers market research reports, business solutions, consulting services, and insights on markets across 11 industry verticals. Adopting extensive research methodologies, AMR is instrumental in helping its clients to make strategic business decisions and achieve sustainable growth in their market domains. We are equipped with skilled analysts and experts, and have a wide experience of working with many Fortune 500 companies and small & medium enterprises.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Railway Traction Motor Market Segmented by Product, Top Manufacturers, Geography Trends & Forecasts to 2026 here
News-ID: 2274125 • Views: …
More Releases from Allied Market Research
Renal Denervation Market to Exceed USD $4.5 Billion by 2030 | Allied Market Rese …
Renal denervation is a medical procedure that uses radiofrequency ablation or other methods to disrupt the activity of nerves that surround the kidneys. These nerves are part of the sympathetic nervous system, which controls various bodily functions, including blood pressure regulation. During renal denervation, upper chamber and lower chamber of the heart beat irregularly, chaotically, and out of sync, which can cause shortness of breath, chest pain, weakness, lightheadedness, or…
The Booming Surgical Equipment Market Is Projected to Reach $59 Billion by 2032
Allied Market Research recently said the surgical equipment industry has been growing steadily in recent years, driven by advances in technology, increasing demand for minimally invasive surgeries, and rising healthcare expenditures. The global surgical equipment market size was valued at $35.6 billion in 2022, and is projected to reach $59 billion by 2032, growing at a CAGR of 5.2% from 2023 to 2032. Surgical equipment refers to the various tools,…
ALS Treatment Market to Reach US$ 1.04 Billion by 2032, Growing at 4.6% CAGR
The global amyotrophic lateral sclerosis (ALS) treatment market is entering a critical phase of growth as unmet therapeutic needs and research momentum converge. Current figures indicate a market value of US$ 662.3 million in 2022, with a projected increase to US$ 1,038.94 million by 2032, which equates to a CAGR of 4.6% from 2023 to 2032. ALS is a severe neurodegenerative disease affecting nerve cells in the brain and spinal…
Aircraft Engine Forging Market to Garner $5 Billion, Globally, By 2032 At 6.9% C …
Aircraft engine forging industry size was valued at $2.6 billion in 2022, and is estimated to garner $5 billion by 2032, growing at a CAGR of 6.9% from 2023 to 2032.
The demand for lightweight materials, such as titanium, aluminum, and advanced alloys, aimed at improving fuel efficiency and overall performance of aircraft engines. Moreover, there is surge in air travel demand that led airlines to expand their fleets, necessitating the…
More Releases for Railway
Recognized Authority: Railway Grinding wheel Manufacturers - Fashan Gains CRCC R …
What distinguishes truly exceptional railway grinding wheel manufacturers (https://www.fashanrailway.com/about-us/) from competitors in an increasingly demanding industry landscape? The answer lies in achieving formal recognition from China's most prestigious railway institutions through rigorous certification and appraisal processes. Wuhan Huatie Ruijie Rail Transit Technology Co., Ltd. (Fashan) has established itself as a leading provider of advanced grinding solutions by successfully securing CRCC (China Railway Test & Certification Centre) certification and receiving comprehensive…
Railway Accidents Fueling Demand For Railway Maintenance Machinery: A Key Driver …
The Railway Maintenance Machinery Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].
What Is the Current Railway Maintenance Machinery Market Size and Its Estimated Growth Rate?
The railway maintenance machinery market, valued at $4.32 billion in 2024, is expected to increase to $4.64 billion in 2025,…
Passenger Railway Infrastructure Maintenance Expenditure Market Size in 2023 To …
The research study serves as a comprehensive guide, offering an in-depth analysis of the current industry trends and breakdown. The report encompasses global Passenger Railway Infrastructure Maintenance Expenditure market research data from various companies, highlighting their benefits, gross margin, calculated decisions, and more through tables, charts, and infographics. Key aspects covered include demand and supply dynamics, import-export scenarios, R&D activities, industry developments, and cost structures. Consumption figures, production costs, selling…
Passenger Rail Transport Market 2020 Global Insights and Business Scenario – E …
The Passenger Rail Transport Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies. We analyzed…
Rail Transportation Market 2019-2025: East Japan Railway, MTR Hong Kong, Central …
Overview of Rail Transportation Market 2019-2025
Passenger rail transportation is the carriage of people from a station where they board the train to a destination station. The right to travel is obtained by the purchase of a ticket, either in advance or at the station before boarding the train.
Most of the customers now expect service providers to accept payment through cards and digital wallets. With the development of applications like…
Railway Wiring Harness Market Value Projected to Expand by 2018 to 2028(Railway …
Railway Wiring Harness Market: Overview
Railway wiring harness is a complete electrical wiring system that caters to proper transmission of the signals and manages the flow of electrical power. Wiring harness was commonly used in railway manufacturing, automotives and in construction machineries. The railway wiring harness has an added advantage of binding many wires into a harness to avoid the possibility of a short circuit. The railway projects requires a lot…
