The global railway traction motor market is expected to reach $41.63 billion in 2025, from $30.28 billion in 2016, growing at a CAGR of 3.8% from 2017 to 2025. 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. 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.
Get Free Sample copy of this Report@https://www.qurateresearch.com/report/sample/AnT/QBI-AMR-AnT-120815
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. By type of application, it is classified into diesel locomotives, electric multiple units, electric locomotives, and diesel-electric locomotives. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.
Market Dynamics:
Drivers:
Incorporation of traction motors in the railway enginesLower emissionLow manufacturing and maintenance costsLower down the loss in performance
Restraints:Rise in priceHigh investment cost
Do You Have Any Query? Ask to Our Industry Expert@https://www.qurateresearch.com/report/enquiry/AnT/QBI-AMR-AnT-120815
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.
RAILWAY TRACTION MOTOR MARKET LANDSCAPE
By TypeDirect Current Traction MotorAlternating Current Traction MotorSynchronous Alternating Current Traction Motor
By ApplicationDiesel LocomotivesElectric Multiple UnitsElectric LocomotivesDiesel-Electric Locomotives
By Geography
North AmericaU.S.CanadaMexicoEuropeUKGermanyFranceSpainItalyRest of Europe
Get Discount on this Report@https://www.qurateresearch.com/report/discount/AnT/QBI-AMR-AnT-120815
Asia-PacificChinaJapanIndiaAustraliaSouth KoreaRest of Asia-Pacific
LAMEABrazilSaudi ArabiaSouth AfricaRest of LAMEA
Media ContactCompany Name: Qurate Business IntelligenceContact Person: Nehal ChinoyEmail: Send EmailPhone: +919881074592Address:Runwal Platinum, Ramnagar Colony, Bavdhan City: PuneState: MaharashtraCountry: IndiaWebsite: www.qurateresearch.com