Press release
Railway Traction Motor Market Industry, Trends, Demand and Forecst
Railway Traction Motor
Railway traction motors are series-wound brushed DC motors, usually running on approximately 600 Volts. The availability of high-powered semiconductors (such as thyristors and the IGBT) have made the use of much simpler, higher-reliability AC induction motors known as asynchronous traction motors possible.
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The substantial improvement of the railroads in the twentieth century is connected to the electrification of the rail route lines. Traditionally, railways ran on steam motors. Several nations have adopted railroads electrification, monorail systems, and metros. With the progress in the railroads technologies, and change in vehicular emission restrictions forced on transportation systems across the systems, the progress of the railway traction motor market is expected in future.
Market Dynamics:
Drivers:
Incorporation of traction motors in the railway engines
Lower emission
Low manufacturing and maintenance costs
Lower down the loss in performance
Restraints:
Rise in price
High investment cost
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Market Players:
The top players in the global railway traction motor market include ABB, Aisin Seiki Co. Ltd., Sulzer Ltd., ALSTOM, Bombardier, BHEL, Hyundai Rotem Company, Mitsubishi Electric Corporation, Saini Group, and VEM Gruppe
The market is segmented by type, application, and geography. Furthermore, by type of system, it includes direct current traction motor, alternating current traction motor, and synchronous alternating current traction motor.
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