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Industrial Traction Equipment-Global Market Insights and Sales Trends 2024
Synopsis
The global Industrial Traction Equipment market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Traction Equipment in various end use industries. The expanding demands from the Railway, Mining, Oil and Gas and Others, are propelling Industrial Traction Equipment market. Traction Transformer, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Traction Motor segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Industrial Traction Equipment market, driven by demand from China, the second largest economy with some signs of stabilising, the Industrial Traction Equipment market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Traction Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Traction Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Traction Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Traction Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Traction Equipment covered in this report include ABB Ltd., Alstom SA, Caterpillar Inc., Mitsubishi Electric Corporation, Toshiba International Corporation, Kawasaki Heavy Industries Ltd., American Traction Systems, Bombardier Inc. and Crompton Greaves Limited, etc.
The global Industrial Traction Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd.
Alstom SA
Caterpillar Inc.
Mitsubishi Electric Corporation
Toshiba International Corporation
Kawasaki Heavy Industries Ltd.
American Traction Systems
Bombardier Inc.
Crompton Greaves Limited
Siemens AG
General Electric Company
VEM Group
TTM Rail - Transtech Melbourne Pty Ltd.
Global Industrial Traction Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Traction Equipment market, Segment by Type:
Traction Transformer
Traction Motor
Traction Converter
Global Industrial Traction Equipment market, by Application
Railway
Mining
Oil and Gas
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Industrial Traction Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Traction Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Industrial Traction Equipment market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Industrial Traction Equipment in various end use industries. The expanding demands from the Railway, Mining, Oil and Gas and Others, are propelling Industrial Traction Equipment market. Traction Transformer, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Traction Motor segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Industrial Traction Equipment market, driven by demand from China, the second largest economy with some signs of stabilising, the Industrial Traction Equipment market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Industrial Traction Equipment, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Industrial Traction Equipment market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Industrial Traction Equipment market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Industrial Traction Equipment sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Industrial Traction Equipment covered in this report include ABB Ltd., Alstom SA, Caterpillar Inc., Mitsubishi Electric Corporation, Toshiba International Corporation, Kawasaki Heavy Industries Ltd., American Traction Systems, Bombardier Inc. and Crompton Greaves Limited, etc.
The global Industrial Traction Equipment market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
ABB Ltd.
Alstom SA
Caterpillar Inc.
Mitsubishi Electric Corporation
Toshiba International Corporation
Kawasaki Heavy Industries Ltd.
American Traction Systems
Bombardier Inc.
Crompton Greaves Limited
Siemens AG
General Electric Company
VEM Group
TTM Rail - Transtech Melbourne Pty Ltd.
Global Industrial Traction Equipment market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Industrial Traction Equipment market, Segment by Type:
Traction Transformer
Traction Motor
Traction Converter
Global Industrial Traction Equipment market, by Application
Railway
Mining
Oil and Gas
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Industrial Traction Equipment manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Industrial Traction Equipment in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Industrial Traction Equipment Market Overview
1.1 Industrial Traction Equipment Product Overview
1.2 Industrial Traction Equipment Market Segment by Type
1.2.1 Traction Transformer
1.2.2 Traction Motor
1.2.3 Traction Converter
1.3 Global Industrial Traction Equipment Market Size by Type
1.3.1 Global Industrial Traction Equipment Market Size Overview by Type (2018-2029)
1.3.2 Global Industrial Traction Equipment Historic Market Size Review by Type (2018-2023)
1.3.3 Global Industrial Traction Equipment Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Industrial Traction Equipment Sales Breakdown by Type (2018-2023)
1.4.2 Europe Industrial Traction Equipment Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Industrial Traction Equipment Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Industrial Traction Equipment Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Industrial Traction Equipment Sales Breakdown by Type (2018-2023)
2 Global Industrial Traction Equipment Market Competition by Company
2.1 Global Top Players by Industrial Traction Equipment Sales (2018-2023)
2.2 Global Top Players by Industrial Traction Equipment Revenue (2018-2023)
2.3 Global Top Players by Industrial Traction Equipment Price (2018-2023)
2.4 Global Top Manufacturers Industrial Traction Equipment Manufacturing Base Distribution, Sales Area, Product Type
2.5 Industrial Traction Equipment Market Competitive Situation and Trends
2.5.1 Industrial Traction Equipment Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Industrial Traction Equipment Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Industrial Traction Equipment as of 2022)
2.7 Date of Key Manufacturers Enter into Industrial Traction Equipment Market
2.8 Key Manufacturers Industrial Traction Equipment Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Industrial Traction Equipment Status and Outlook by Region
3.1 Global Industrial Traction Equipment Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Industrial Traction Equipment Historic Market Size by Region
3.2.1 Global Industrial Traction Equipment Sales in Volume by Region (2018-2023)
3.2.2 Global Industrial Traction Equipment Sales in Value by Region (2018-2023)
3.2.3 Global Industrial Traction Equipment Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Industrial Traction Equipment Forecasted Market Size by Region
3.3.1 Global Industrial Traction Equipment Sales in Volume by Region (2024-2029)
3.3.2 Global Industrial Traction Equipment Sales in Value by Region (2024-2029)
3.3.3 Global Industrial Traction Equipment Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Industrial Traction Equipment by Application
4.1 Industrial Traction Equipment Market Segment by Application
4.1.1 Railway
4.1.2 Mining
4.1.3 Oil and Gas
4.1.4 Others
4.2 Global Industrial Traction Equipment Market Size by Application
4.2.1 Global Industrial Traction Equipment Market Size Overview by Application (2018-2029)
4.2.2 Global Industrial Traction Equipment Historic Market Size Review by Application (2018-2023)
4.2.3 Global Industrial Traction Equipment Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Industrial Traction Equipment Sales Breakdown by Application (2018-2023)
4.3.2 Europe Industrial Traction Equipment Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Industrial Traction Equipment Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Industrial Traction Equipment Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Industrial Traction Equipment Sales Breakdown by Application (2018-2023)
5 North America Industrial Traction Equipment by Country
5.1 North America Industrial Traction Equipment Historic Market Size by Country
5.1.1 North America Industrial Traction Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Industrial Traction Equipment Sales in Volume by Country (2018-2023)
5.1.3 North America Industrial Traction Equipment Sales in Value by Country (2018-2023)
5.2 North America Industrial Traction Equipment Forecasted Market Size by Country
5.2.1 North America Industrial Traction Equipment Sales in Volume by Country (2024-2029)
5.2.2 North America Industrial Traction Equipment Sales in Value by Country (2024-2029)
6 Europe Industrial Traction Equipment by Country
6.1 Europe Industrial Traction Equipment Historic Market Size by Country
6.1.1 Europe Industrial Traction Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Industrial Traction Equipment Sales in Volume by Country (2018-2023)
6.1.3 Europe Industrial Traction Equipment Sales in Value by Country (2018-2023)
6.2 Europe Industrial Traction Equipment Forecasted Market Size by Country
6.2.1 Europe Industrial Traction Equipment Sales in Volume by Country (2024-2029)
6.2.2 Europe Industrial Traction Equipment Sales in Value by Country (2024-2029)
7 Asia-Pacific Industrial Traction Equipment by Region
7.1 Asia-Pacific Industrial Traction Equipment Historic Market Size by Region
7.1.1 Asia-Pacific Industrial Traction Equipment Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Industrial Traction Equipment Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Industrial Traction Equipment Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Industrial Traction Equipment Forecasted Market Size by Region
7.2.1 Asia-Pacific Industrial Traction Equipment Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Industrial Traction Equipment Sales in Value by Region (2024-2029)
8 Latin America Industrial Traction Equipment by Country
8.1 Latin America Industrial Traction Equipment Historic Market Size by Country
8.1.1 Latin America Industrial Traction Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Industrial Traction Equipment Sales in Volume by Country (2018-2023)
8.1.3 Latin America Industrial Traction Equipment Sales in Value by Country (2018-2023)
8.2 Latin America Industrial Traction Equipment Forecasted Market Size by Country
8.2.1 Latin America Industrial Traction Equipment Sales in Volume by Country (2024-2029)
8.2.2 Latin America Industrial Traction Equipment Sales in Value by Country (2024-2029)
9 Middle East and Africa Industrial Traction Equipment by Country
9.1 Middle East and Africa Industrial Traction Equipment Historic Market Size by Country
9.1.1 Middle East and Africa Industrial Traction Equipment Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Industrial Traction Equipment Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Industrial Traction Equipment Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Industrial Traction Equipment Forecasted Market Size by Country
9.2.1 Middle East and Africa Industrial Traction Equipment Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Industrial Traction Equipment Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ABB Ltd.
10.1.1 ABB Ltd. Company Information
10.1.2 ABB Ltd. Introduction and Business Overview
10.1.3 ABB Ltd. Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ABB Ltd. Industrial Traction Equipment Products Offered
10.1.5 ABB Ltd. Recent Development
10.2 Alstom SA
10.2.1 Alstom SA Company Information
10.2.2 Alstom SA Introduction and Business Overview
10.2.3 Alstom SA Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Alstom SA Industrial Traction Equipment Products Offered
10.2.5 Alstom SA Recent Development
10.3 Caterpillar Inc.
10.3.1 Caterpillar Inc. Company Information
10.3.2 Caterpillar Inc. Introduction and Business Overview
10.3.3 Caterpillar Inc. Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Caterpillar Inc. Industrial Traction Equipment Products Offered
10.3.5 Caterpillar Inc. Recent Development
10.4 Mitsubishi Electric Corporation
10.4.1 Mitsubishi Electric Corporation Company Information
10.4.2 Mitsubishi Electric Corporation Introduction and Business Overview
10.4.3 Mitsubishi Electric Corporation Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Mitsubishi Electric Corporation Industrial Traction Equipment Products Offered
10.4.5 Mitsubishi Electric Corporation Recent Development
10.5 Toshiba International Corporation
10.5.1 Toshiba International Corporation Company Information
10.5.2 Toshiba International Corporation Introduction and Business Overview
10.5.3 Toshiba International Corporation Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Toshiba International Corporation Industrial Traction Equipment Products Offered
10.5.5 Toshiba International Corporation Recent Development
10.6 Kawasaki Heavy Industries Ltd.
10.6.1 Kawasaki Heavy Industries Ltd. Company Information
10.6.2 Kawasaki Heavy Industries Ltd. Introduction and Business Overview
10.6.3 Kawasaki Heavy Industries Ltd. Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Kawasaki Heavy Industries Ltd. Industrial Traction Equipment Products Offered
10.6.5 Kawasaki Heavy Industries Ltd. Recent Development
10.7 American Traction Systems
10.7.1 American Traction Systems Company Information
10.7.2 American Traction Systems Introduction and Business Overview
10.7.3 American Traction Systems Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.7.4 American Traction Systems Industrial Traction Equipment Products Offered
10.7.5 American Traction Systems Recent Development
10.8 Bombardier Inc.
10.8.1 Bombardier Inc. Company Information
10.8.2 Bombardier Inc. Introduction and Business Overview
10.8.3 Bombardier Inc. Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Bombardier Inc. Industrial Traction Equipment Products Offered
10.8.5 Bombardier Inc. Recent Development
10.9 Crompton Greaves Limited
10.9.1 Crompton Greaves Limited Company Information
10.9.2 Crompton Greaves Limited Introduction and Business Overview
10.9.3 Crompton Greaves Limited Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Crompton Greaves Limited Industrial Traction Equipment Products Offered
10.9.5 Crompton Greaves Limited Recent Development
10.10 Siemens AG
10.10.1 Siemens AG Company Information
10.10.2 Siemens AG Introduction and Business Overview
10.10.3 Siemens AG Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Siemens AG Industrial Traction Equipment Products Offered
10.10.5 Siemens AG Recent Development
10.11 General Electric Company
10.11.1 General Electric Company Company Information
10.11.2 General Electric Company Introduction and Business Overview
10.11.3 General Electric Company Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.11.4 General Electric Company Industrial Traction Equipment Products Offered
10.11.5 General Electric Company Recent Development
10.12 VEM Group
10.12.1 VEM Group Company Information
10.12.2 VEM Group Introduction and Business Overview
10.12.3 VEM Group Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.12.4 VEM Group Industrial Traction Equipment Products Offered
10.12.5 VEM Group Recent Development
10.13 TTM Rail - Transtech Melbourne Pty Ltd.
10.13.1 TTM Rail - Transtech Melbourne Pty Ltd. Company Information
10.13.2 TTM Rail - Transtech Melbourne Pty Ltd. Introduction and Business Overview
10.13.3 TTM Rail - Transtech Melbourne Pty Ltd. Industrial Traction Equipment Sales, Revenue and Gross Margin (2018-2023)
10.13.4 TTM Rail - Transtech Melbourne Pty Ltd. Industrial Traction Equipment Products Offered
10.13.5 TTM Rail - Transtech Melbourne Pty Ltd. Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Industrial Traction Equipment Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Industrial Traction Equipment Industrial Chain Analysis
11.4 Industrial Traction Equipment Market Dynamics
11.4.1 Industrial Traction Equipment Industry Trends
11.4.2 Industrial Traction Equipment Market Drivers
11.4.3 Industrial Traction Equipment Market Challenges
11.4.4 Industrial Traction Equipment Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Industrial Traction Equipment Distributors
12.3 Industrial Traction Equipment Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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