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Traction Motor for Railcars-Global Market Insights and Sales Trends 2024
Synopsis
Traction motors are powered by electricity and generate the power to rotate the wheels of the train. The turning force produced by traction motors is transmitted to the wheels via the driving gear unit and axle. Traction motors are typically mounted in the trucks where the wheels are housed.
The global Traction Motor for Railcars 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 Traction Motor for Railcars in various end use industries. The expanding demands from the Train, High-speed Rail, Subway and Others, are propelling Traction Motor for Railcars market. Synchronous Motor, 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 Asynchronous Motor segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Traction Motor for Railcars market, driven by demand from China, the second largest economy with some signs of stabilising, the Traction Motor for Railcars 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 Traction Motor for Railcars, 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 Traction Motor for Railcars 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 Traction Motor for Railcars market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Traction Motor for Railcars 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 Traction Motor for Railcars covered in this report include Siemens, TOYO DENKI SEIZO K.K., Toshiba, Fuji Electric, ABB, Mitsubishi Electric Corporation, VEM Group, LEM International and Hyundai Rotem, etc.
The global Traction Motor for Railcars market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Siemens
TOYO DENKI SEIZO K.K.
Toshiba
Fuji Electric
ABB
Mitsubishi Electric Corporation
VEM Group
LEM International
Hyundai Rotem
Lynch Motor
SKODA ELECTRIC a.s
NSK
Alstom
CRRC Zhuzhou Electric Co.,ltd
Bombardier
Global Traction Motor for Railcars 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 Traction Motor for Railcars market, Segment by Type:
Synchronous Motor
Asynchronous Motor
Global Traction Motor for Railcars market, by Application
Train
High-speed Rail
Subway
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 Traction Motor for Railcars manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Traction Motor for Railcars 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.
Traction motors are powered by electricity and generate the power to rotate the wheels of the train. The turning force produced by traction motors is transmitted to the wheels via the driving gear unit and axle. Traction motors are typically mounted in the trucks where the wheels are housed.
The global Traction Motor for Railcars 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 Traction Motor for Railcars in various end use industries. The expanding demands from the Train, High-speed Rail, Subway and Others, are propelling Traction Motor for Railcars market. Synchronous Motor, 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 Asynchronous Motor segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Traction Motor for Railcars market, driven by demand from China, the second largest economy with some signs of stabilising, the Traction Motor for Railcars 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 Traction Motor for Railcars, 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 Traction Motor for Railcars 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 Traction Motor for Railcars market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Traction Motor for Railcars 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 Traction Motor for Railcars covered in this report include Siemens, TOYO DENKI SEIZO K.K., Toshiba, Fuji Electric, ABB, Mitsubishi Electric Corporation, VEM Group, LEM International and Hyundai Rotem, etc.
The global Traction Motor for Railcars market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Siemens
TOYO DENKI SEIZO K.K.
Toshiba
Fuji Electric
ABB
Mitsubishi Electric Corporation
VEM Group
LEM International
Hyundai Rotem
Lynch Motor
SKODA ELECTRIC a.s
NSK
Alstom
CRRC Zhuzhou Electric Co.,ltd
Bombardier
Global Traction Motor for Railcars 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 Traction Motor for Railcars market, Segment by Type:
Synchronous Motor
Asynchronous Motor
Global Traction Motor for Railcars market, by Application
Train
High-speed Rail
Subway
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 Traction Motor for Railcars manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Traction Motor for Railcars 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 Traction Motor for Railcars Market Overview
1.1 Traction Motor for Railcars Product Overview
1.2 Traction Motor for Railcars Market Segment by Type
1.2.1 Synchronous Motor
1.2.2 Asynchronous Motor
1.3 Global Traction Motor for Railcars Market Size by Type
1.3.1 Global Traction Motor for Railcars Market Size Overview by Type (2018-2029)
1.3.2 Global Traction Motor for Railcars Historic Market Size Review by Type (2018-2023)
1.3.3 Global Traction Motor for Railcars Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Traction Motor for Railcars Sales Breakdown by Type (2018-2023)
1.4.2 Europe Traction Motor for Railcars Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Traction Motor for Railcars Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Traction Motor for Railcars Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Traction Motor for Railcars Sales Breakdown by Type (2018-2023)
2 Global Traction Motor for Railcars Market Competition by Company
2.1 Global Top Players by Traction Motor for Railcars Sales (2018-2023)
2.2 Global Top Players by Traction Motor for Railcars Revenue (2018-2023)
2.3 Global Top Players by Traction Motor for Railcars Price (2018-2023)
2.4 Global Top Manufacturers Traction Motor for Railcars Manufacturing Base Distribution, Sales Area, Product Type
2.5 Traction Motor for Railcars Market Competitive Situation and Trends
2.5.1 Traction Motor for Railcars Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Traction Motor for Railcars 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 Traction Motor for Railcars as of 2022)
2.7 Date of Key Manufacturers Enter into Traction Motor for Railcars Market
2.8 Key Manufacturers Traction Motor for Railcars Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Traction Motor for Railcars Status and Outlook by Region
3.1 Global Traction Motor for Railcars Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Traction Motor for Railcars Historic Market Size by Region
3.2.1 Global Traction Motor for Railcars Sales in Volume by Region (2018-2023)
3.2.2 Global Traction Motor for Railcars Sales in Value by Region (2018-2023)
3.2.3 Global Traction Motor for Railcars Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Traction Motor for Railcars Forecasted Market Size by Region
3.3.1 Global Traction Motor for Railcars Sales in Volume by Region (2024-2029)
3.3.2 Global Traction Motor for Railcars Sales in Value by Region (2024-2029)
3.3.3 Global Traction Motor for Railcars Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Traction Motor for Railcars by Application
4.1 Traction Motor for Railcars Market Segment by Application
4.1.1 Train
4.1.2 High-speed Rail
4.1.3 Subway
4.1.4 Others
4.2 Global Traction Motor for Railcars Market Size by Application
4.2.1 Global Traction Motor for Railcars Market Size Overview by Application (2018-2029)
4.2.2 Global Traction Motor for Railcars Historic Market Size Review by Application (2018-2023)
4.2.3 Global Traction Motor for Railcars Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Traction Motor for Railcars Sales Breakdown by Application (2018-2023)
4.3.2 Europe Traction Motor for Railcars Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Traction Motor for Railcars Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Traction Motor for Railcars Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Traction Motor for Railcars Sales Breakdown by Application (2018-2023)
5 North America Traction Motor for Railcars by Country
5.1 North America Traction Motor for Railcars Historic Market Size by Country
5.1.1 North America Traction Motor for Railcars Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Traction Motor for Railcars Sales in Volume by Country (2018-2023)
5.1.3 North America Traction Motor for Railcars Sales in Value by Country (2018-2023)
5.2 North America Traction Motor for Railcars Forecasted Market Size by Country
5.2.1 North America Traction Motor for Railcars Sales in Volume by Country (2024-2029)
5.2.2 North America Traction Motor for Railcars Sales in Value by Country (2024-2029)
6 Europe Traction Motor for Railcars by Country
6.1 Europe Traction Motor for Railcars Historic Market Size by Country
6.1.1 Europe Traction Motor for Railcars Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Traction Motor for Railcars Sales in Volume by Country (2018-2023)
6.1.3 Europe Traction Motor for Railcars Sales in Value by Country (2018-2023)
6.2 Europe Traction Motor for Railcars Forecasted Market Size by Country
6.2.1 Europe Traction Motor for Railcars Sales in Volume by Country (2024-2029)
6.2.2 Europe Traction Motor for Railcars Sales in Value by Country (2024-2029)
7 Asia-Pacific Traction Motor for Railcars by Region
7.1 Asia-Pacific Traction Motor for Railcars Historic Market Size by Region
7.1.1 Asia-Pacific Traction Motor for Railcars Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Traction Motor for Railcars Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Traction Motor for Railcars Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Traction Motor for Railcars Forecasted Market Size by Region
7.2.1 Asia-Pacific Traction Motor for Railcars Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Traction Motor for Railcars Sales in Value by Region (2024-2029)
8 Latin America Traction Motor for Railcars by Country
8.1 Latin America Traction Motor for Railcars Historic Market Size by Country
8.1.1 Latin America Traction Motor for Railcars Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Traction Motor for Railcars Sales in Volume by Country (2018-2023)
8.1.3 Latin America Traction Motor for Railcars Sales in Value by Country (2018-2023)
8.2 Latin America Traction Motor for Railcars Forecasted Market Size by Country
8.2.1 Latin America Traction Motor for Railcars Sales in Volume by Country (2024-2029)
8.2.2 Latin America Traction Motor for Railcars Sales in Value by Country (2024-2029)
9 Middle East and Africa Traction Motor for Railcars by Country
9.1 Middle East and Africa Traction Motor for Railcars Historic Market Size by Country
9.1.1 Middle East and Africa Traction Motor for Railcars Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Traction Motor for Railcars Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Traction Motor for Railcars Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Traction Motor for Railcars Forecasted Market Size by Country
9.2.1 Middle East and Africa Traction Motor for Railcars Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Traction Motor for Railcars Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Siemens
10.1.1 Siemens Company Information
10.1.2 Siemens Introduction and Business Overview
10.1.3 Siemens Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Siemens Traction Motor for Railcars Products Offered
10.1.5 Siemens Recent Development
10.2 TOYO DENKI SEIZO K.K.
10.2.1 TOYO DENKI SEIZO K.K. Company Information
10.2.2 TOYO DENKI SEIZO K.K. Introduction and Business Overview
10.2.3 TOYO DENKI SEIZO K.K. Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.2.4 TOYO DENKI SEIZO K.K. Traction Motor for Railcars Products Offered
10.2.5 TOYO DENKI SEIZO K.K. Recent Development
10.3 Toshiba
10.3.1 Toshiba Company Information
10.3.2 Toshiba Introduction and Business Overview
10.3.3 Toshiba Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Toshiba Traction Motor for Railcars Products Offered
10.3.5 Toshiba Recent Development
10.4 Fuji Electric
10.4.1 Fuji Electric Company Information
10.4.2 Fuji Electric Introduction and Business Overview
10.4.3 Fuji Electric Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Fuji Electric Traction Motor for Railcars Products Offered
10.4.5 Fuji Electric Recent Development
10.5 ABB
10.5.1 ABB Company Information
10.5.2 ABB Introduction and Business Overview
10.5.3 ABB Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.5.4 ABB Traction Motor for Railcars Products Offered
10.5.5 ABB Recent Development
10.6 Mitsubishi Electric Corporation
10.6.1 Mitsubishi Electric Corporation Company Information
10.6.2 Mitsubishi Electric Corporation Introduction and Business Overview
10.6.3 Mitsubishi Electric Corporation Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Mitsubishi Electric Corporation Traction Motor for Railcars Products Offered
10.6.5 Mitsubishi Electric Corporation Recent Development
10.7 VEM Group
10.7.1 VEM Group Company Information
10.7.2 VEM Group Introduction and Business Overview
10.7.3 VEM Group Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.7.4 VEM Group Traction Motor for Railcars Products Offered
10.7.5 VEM Group Recent Development
10.8 LEM International
10.8.1 LEM International Company Information
10.8.2 LEM International Introduction and Business Overview
10.8.3 LEM International Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.8.4 LEM International Traction Motor for Railcars Products Offered
10.8.5 LEM International Recent Development
10.9 Hyundai Rotem
10.9.1 Hyundai Rotem Company Information
10.9.2 Hyundai Rotem Introduction and Business Overview
10.9.3 Hyundai Rotem Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Hyundai Rotem Traction Motor for Railcars Products Offered
10.9.5 Hyundai Rotem Recent Development
10.10 Lynch Motor
10.10.1 Lynch Motor Company Information
10.10.2 Lynch Motor Introduction and Business Overview
10.10.3 Lynch Motor Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Lynch Motor Traction Motor for Railcars Products Offered
10.10.5 Lynch Motor Recent Development
10.11 SKODA ELECTRIC a.s
10.11.1 SKODA ELECTRIC a.s Company Information
10.11.2 SKODA ELECTRIC a.s Introduction and Business Overview
10.11.3 SKODA ELECTRIC a.s Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.11.4 SKODA ELECTRIC a.s Traction Motor for Railcars Products Offered
10.11.5 SKODA ELECTRIC a.s Recent Development
10.12 NSK
10.12.1 NSK Company Information
10.12.2 NSK Introduction and Business Overview
10.12.3 NSK Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.12.4 NSK Traction Motor for Railcars Products Offered
10.12.5 NSK Recent Development
10.13 Alstom
10.13.1 Alstom Company Information
10.13.2 Alstom Introduction and Business Overview
10.13.3 Alstom Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Alstom Traction Motor for Railcars Products Offered
10.13.5 Alstom Recent Development
10.14 CRRC Zhuzhou Electric Co.,ltd
10.14.1 CRRC Zhuzhou Electric Co.,ltd Company Information
10.14.2 CRRC Zhuzhou Electric Co.,ltd Introduction and Business Overview
10.14.3 CRRC Zhuzhou Electric Co.,ltd Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.14.4 CRRC Zhuzhou Electric Co.,ltd Traction Motor for Railcars Products Offered
10.14.5 CRRC Zhuzhou Electric Co.,ltd Recent Development
10.15 Bombardier
10.15.1 Bombardier Company Information
10.15.2 Bombardier Introduction and Business Overview
10.15.3 Bombardier Traction Motor for Railcars Sales, Revenue and Gross Margin (2018-2023)
10.15.4 Bombardier Traction Motor for Railcars Products Offered
10.15.5 Bombardier Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Traction Motor for Railcars 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 Traction Motor for Railcars Industrial Chain Analysis
11.4 Traction Motor for Railcars Market Dynamics
11.4.1 Traction Motor for Railcars Industry Trends
11.4.2 Traction Motor for Railcars Market Drivers
11.4.3 Traction Motor for Railcars Market Challenges
11.4.4 Traction Motor for Railcars Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Traction Motor for Railcars Distributors
12.3 Traction Motor for Railcars 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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