Traction Converter Market, Global Outlook and Forecast 2023-2029

Report ID: MMG51520 | Category: Automobile & Transportation | Pages: 72 | Format: PDF | Published Date: February 21,2023

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Report Description
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Report Summary

Traction converters are converters that supply traction motors, including high power diodes and thyristors, capacitors and reactors. The function of the traction converter is to convert the electric energy between the DC system and the AC system, and to control and regulate various traction motors to control the operation of the locomotive.
This report aims to provide a comprehensive presentation of the global market for Traction Converter, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Traction Converter. This report contains market size and forecasts of Traction Converter in global, including the following market information:
Global Traction Converter Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Traction Converter Market Sales, 2018-2023, 2024-2029, (Unit)
Global top five Traction Converter companies in 2022 (%)
The global Traction Converter market was valued at US$ 2417.4 million in 2022 and is projected to reach US$ 2966.4 million by 2029, at a CAGR of 3.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The industry's leading producers are ABB, CRRC and Siemens, with revenue ratios of 34.62%, 20.17% and 11.04%, respectively, in 2019.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Traction Converter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Traction Converter Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Traction Converter Market Segment Percentages, by Type, 2022 (%)
    Propulsion Converter
    Integrated Compact Converter
Global Traction Converter Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Traction Converter Market Segment Percentages, by Application, 2022 (%)
    Diesel Locomotive
    Electric Locomotive
    EMU
    Metro and DEMU
Global Traction Converter Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Unit)
Global Traction Converter Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Traction Converter revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Traction Converter revenues share in global market, 2022 (%)
Key companies Traction Converter sales in global market, 2018-2023 (Estimated), (Unit)
Key companies Traction Converter sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    ABB
    CRRC
    Siemens
    Ingeteam
    Bombardier
    Voith
    Toshiba
    CAF Power & Automation
    Končar
    Medha
    Inovance
    Cgglobal
Outline of Major Chapters:
Chapter 1: Introduces the definition of Traction Converter, market overview.
Chapter 2: Global Traction Converter market size in revenue and volume.
Chapter 3: Detailed analysis of Traction Converter manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Traction Converter in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Traction Converter capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Traction Converter Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Traction Converter Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Traction Converter Overall Market Size
    2.1 Global Traction Converter Market Size: 2022 VS 2029
    2.2 Global Traction Converter Revenue, Prospects & Forecasts: 2018-2029
    2.3 Global Traction Converter Sales: 2018-2029
3 Company Landscape
    3.1 Top Traction Converter Players in Global Market
    3.2 Top Global Traction Converter Companies Ranked by Revenue
    3.3 Global Traction Converter Revenue by Companies
    3.4 Global Traction Converter Sales by Companies
    3.5 Global Traction Converter Price by Manufacturer (2018-2023)
    3.6 Top 3 and Top 5 Traction Converter Companies in Global Market, by Revenue in 2022
    3.7 Global Manufacturers Traction Converter Product Type
    3.8 Tier 1, Tier 2 and Tier 3 Traction Converter Players in Global Market
        3.8.1 List of Global Tier 1 Traction Converter Companies
        3.8.2 List of Global Tier 2 and Tier 3 Traction Converter Companies
4 Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Traction Converter Market Size Markets, 2022 & 2029
        4.1.2 Propulsion Converter
        4.1.3 Integrated Compact Converter
    4.2 By Type - Global Traction Converter Revenue & Forecasts
        4.2.1 By Type - Global Traction Converter Revenue, 2018-2023
        4.2.2 By Type - Global Traction Converter Revenue, 2024-2029
        4.2.3 By Type - Global Traction Converter Revenue Market Share, 2018-2029
    4.3 By Type - Global Traction Converter Sales & Forecasts
        4.3.1 By Type - Global Traction Converter Sales, 2018-2023
        4.3.2 By Type - Global Traction Converter Sales, 2024-2029
        4.3.3 By Type - Global Traction Converter Sales Market Share, 2018-2029
    4.4 By Type - Global Traction Converter Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Traction Converter Market Size, 2022 & 2029
        5.1.2 Diesel Locomotive
        5.1.3 Electric Locomotive
        5.1.4 EMU
        5.1.5 Metro and DEMU
    5.2 By Application - Global Traction Converter Revenue & Forecasts
        5.2.1 By Application - Global Traction Converter Revenue, 2018-2023
        5.2.2 By Application - Global Traction Converter Revenue, 2024-2029
        5.2.3 By Application - Global Traction Converter Revenue Market Share, 2018-2029
    5.3 By Application - Global Traction Converter Sales & Forecasts
        5.3.1 By Application - Global Traction Converter Sales, 2018-2023
        5.3.2 By Application - Global Traction Converter Sales, 2024-2029
        5.3.3 By Application - Global Traction Converter Sales Market Share, 2018-2029
    5.4 By Application - Global Traction Converter Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
    6.1 By Region - Global Traction Converter Market Size, 2022 & 2029
    6.2 By Region - Global Traction Converter Revenue & Forecasts
        6.2.1 By Region - Global Traction Converter Revenue, 2018-2023
        6.2.2 By Region - Global Traction Converter Revenue, 2024-2029
        6.2.3 By Region - Global Traction Converter Revenue Market Share, 2018-2029
    6.3 By Region - Global Traction Converter Sales & Forecasts
        6.3.1 By Region - Global Traction Converter Sales, 2018-2023
        6.3.2 By Region - Global Traction Converter Sales, 2024-2029
        6.3.3 By Region - Global Traction Converter Sales Market Share, 2018-2029
    6.4 North America
        6.4.1 By Country - North America Traction Converter Revenue, 2018-2029
        6.4.2 By Country - North America Traction Converter Sales, 2018-2029
        6.4.3 US Traction Converter Market Size, 2018-2029
        6.4.4 Canada Traction Converter Market Size, 2018-2029
        6.4.5 Mexico Traction Converter Market Size, 2018-2029
    6.5 Europe
        6.5.1 By Country - Europe Traction Converter Revenue, 2018-2029
        6.5.2 By Country - Europe Traction Converter Sales, 2018-2029
        6.5.3 Germany Traction Converter Market Size, 2018-2029
        6.5.4 France Traction Converter Market Size, 2018-2029
        6.5.5 U.K. Traction Converter Market Size, 2018-2029
        6.5.6 Italy Traction Converter Market Size, 2018-2029
        6.5.7 Russia Traction Converter Market Size, 2018-2029
        6.5.8 Nordic Countries Traction Converter Market Size, 2018-2029
        6.5.9 Benelux Traction Converter Market Size, 2018-2029
    6.6 Asia
        6.6.1 By Region - Asia Traction Converter Revenue, 2018-2029
        6.6.2 By Region - Asia Traction Converter Sales, 2018-2029
        6.6.3 China Traction Converter Market Size, 2018-2029
        6.6.4 Japan Traction Converter Market Size, 2018-2029
        6.6.5 South Korea Traction Converter Market Size, 2018-2029
        6.6.6 Southeast Asia Traction Converter Market Size, 2018-2029
        6.6.7 India Traction Converter Market Size, 2018-2029
    6.7 South America
        6.7.1 By Country - South America Traction Converter Revenue, 2018-2029
        6.7.2 By Country - South America Traction Converter Sales, 2018-2029
        6.7.3 Brazil Traction Converter Market Size, 2018-2029
        6.7.4 Argentina Traction Converter Market Size, 2018-2029
    6.8 Middle East & Africa
        6.8.1 By Country - Middle East & Africa Traction Converter Revenue, 2018-2029
        6.8.2 By Country - Middle East & Africa Traction Converter Sales, 2018-2029
        6.8.3 Turkey Traction Converter Market Size, 2018-2029
        6.8.4 Israel Traction Converter Market Size, 2018-2029
        6.8.5 Saudi Arabia Traction Converter Market Size, 2018-2029
        6.8.6 UAE Traction Converter Market Size, 2018-2029
7 Manufacturers & Brands Profiles
    7.1 ABB
        7.1.1 ABB Company Summary
        7.1.2 ABB Business Overview
        7.1.3 ABB Traction Converter Major Product Offerings
        7.1.4 ABB Traction Converter Sales and Revenue in Global (2018-2023)
        7.1.5 ABB Key News & Latest Developments
    7.2 CRRC
        7.2.1 CRRC Company Summary
        7.2.2 CRRC Business Overview
        7.2.3 CRRC Traction Converter Major Product Offerings
        7.2.4 CRRC Traction Converter Sales and Revenue in Global (2018-2023)
        7.2.5 CRRC Key News & Latest Developments
    7.3 Siemens
        7.3.1 Siemens Company Summary
        7.3.2 Siemens Business Overview
        7.3.3 Siemens Traction Converter Major Product Offerings
        7.3.4 Siemens Traction Converter Sales and Revenue in Global (2018-2023)
        7.3.5 Siemens Key News & Latest Developments
    7.4 Ingeteam
        7.4.1 Ingeteam Company Summary
        7.4.2 Ingeteam Business Overview
        7.4.3 Ingeteam Traction Converter Major Product Offerings
        7.4.4 Ingeteam Traction Converter Sales and Revenue in Global (2018-2023)
        7.4.5 Ingeteam Key News & Latest Developments
    7.5 Bombardier
        7.5.1 Bombardier Company Summary
        7.5.2 Bombardier Business Overview
        7.5.3 Bombardier Traction Converter Major Product Offerings
        7.5.4 Bombardier Traction Converter Sales and Revenue in Global (2018-2023)
        7.5.5 Bombardier Key News & Latest Developments
    7.6 Voith
        7.6.1 Voith Company Summary
        7.6.2 Voith Business Overview
        7.6.3 Voith Traction Converter Major Product Offerings
        7.6.4 Voith Traction Converter Sales and Revenue in Global (2018-2023)
        7.6.5 Voith Key News & Latest Developments
    7.7 Toshiba
        7.7.1 Toshiba Company Summary
        7.7.2 Toshiba Business Overview
        7.7.3 Toshiba Traction Converter Major Product Offerings
        7.7.4 Toshiba Traction Converter Sales and Revenue in Global (2018-2023)
        7.7.5 Toshiba Key News & Latest Developments
    7.8 CAF Power & Automation
        7.8.1 CAF Power & Automation Company Summary
        7.8.2 CAF Power & Automation Business Overview
        7.8.3 CAF Power & Automation Traction Converter Major Product Offerings
        7.8.4 CAF Power & Automation Traction Converter Sales and Revenue in Global (2018-2023)
        7.8.5 CAF Power & Automation Key News & Latest Developments
    7.9 Končar
        7.9.1 Končar Company Summary
        7.9.2 Končar Business Overview
        7.9.3 Končar Traction Converter Major Product Offerings
        7.9.4 Končar Traction Converter Sales and Revenue in Global (2018-2023)
        7.9.5 Končar Key News & Latest Developments
    7.10 Medha
        7.10.1 Medha Company Summary
        7.10.2 Medha Business Overview
        7.10.3 Medha Traction Converter Major Product Offerings
        7.10.4 Medha Traction Converter Sales and Revenue in Global (2018-2023)
        7.10.5 Medha Key News & Latest Developments
    7.11 Inovance
        7.11.1 Inovance Company Summary
        7.11.2 Inovance Traction Converter Business Overview
        7.11.3 Inovance Traction Converter Major Product Offerings
        7.11.4 Inovance Traction Converter Sales and Revenue in Global (2018-2023)
        7.11.5 Inovance Key News & Latest Developments
    7.12 Cgglobal
        7.12.1 Cgglobal Company Summary
        7.12.2 Cgglobal Traction Converter Business Overview
        7.12.3 Cgglobal Traction Converter Major Product Offerings
        7.12.4 Cgglobal Traction Converter Sales and Revenue in Global (2018-2023)
        7.12.5 Cgglobal Key News & Latest Developments
8 Global Traction Converter Production Capacity, Analysis
    8.1 Global Traction Converter Production Capacity, 2018-2029
    8.2 Traction Converter Production Capacity of Key Manufacturers in Global Market
    8.3 Global Traction Converter Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
    9.1 Market Opportunities & Trends
    9.2 Market Drivers
    9.3 Market Restraints
10 Traction Converter Supply Chain Analysis
    10.1 Traction Converter Industry Value Chain
    10.2 Traction Converter Upstream Market
    10.3 Traction Converter Downstream and Clients
    10.4 Marketing Channels Analysis
        10.4.1 Marketing Channels
        10.4.2 Traction Converter Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
    12.1 Note
    12.2 Examples of Clients
    12.3 Disclaimer

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Traction Converter Market, Global Outlook and Forecast 2023-2029

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