Transparency Market Research Traction Equipment Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024 Published Date 25-July-2016 122 Page Report Buy Now Request Sample Press Release TMR Predicts Slow Growth in Demand for Traction Equipment owing to High Manufacturing and Delivery Time Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Traction Equipment Market REPORT DESCRIPTION Traction Equipment Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2016 - 2024 ABB Ltd. is the clear leader in an otherwise fragmented traction equipment market. The company accounted for nearly a quarter of the market in 2014 and has a strong presence in the Americas, Europe, and RoW. The global traction equipment market is immensely capital-intensive and technology-driven and Transparency Market Research believes that technological advancements and brand creation are the best options for players to enhance their market share. Browse Report with Full TOC at : http://www.transparencymarketresearch.com/traction-equipmentmarket.html Other players operating in the traction equipment market include Siemens AG, Crompton Greaves Limited, Mitsubishi Electric Corporation, Alstom SA, General Electric Company, Bombardier Inc., American Traction Systems, VEM Group, Toshiba International Corporation, Caterpillar Inc., TTM Rail - Transtech Melbourne Pty Ltd., and Kawasaki Heavy Industries, Ltd. A number of emerging economies in Asia Pacific present lucrative options for players in the traction equipment market and several companies have been capitalizing on this opportunity in the recent past,” the lead author of the study states. A case in point would be Alstom SA, which has strengthened its footprint in China’s blossoming railway sector. Under the joint venture Shanghai Alstom Transport Electrical Equipment Co. Ltd, the company has supplied traction equipment not just for the Shanghai metro line but also the Nanjing metro line since 2014. Development and Expansion of Railway Networks Sole Driving Force “The global market for traction equipment is entirely dependent on the growth of the railway sector and investments in railways networks globally will impact the demand for traction equipment,” a lead analyst at TMR states. The surge in investments, the development and expansion of railway networks in countries such as the U.S., India, China, South Africa, and Spain, and the increase in favorable policies and regulations to curb emissions from transportation are the factors that have driven the demand for traction equipment thus far. However, TMR predicts that the global market will witness a rather slow growth in demand over the course of the forecast period. This is mainly due to the fact that the manufacturing and delivery time in this market is quite high and compared to the automobile sector the unit-wise shipment in the railway sector is exceptionally low. “Off-the-shelf sales are rare, as are replacement requests,” the analyst reports. This limits the demand for traction equipment. Asia Pacific Surges Ahead in Demand for Traction Equipment Transparency Market Research 2 Traction Equipment Market The opportunity in the global traction equipment market is poised to increase for US$223.38 bn in 2014 to be worth US$322.35 bn by 2024. If these values hold true, the market is expected to register a modest CAGR of 2.34% during the forecast period. The demand for traction equipment is also anticipated to expand at a tepid 2.09% CAGR from 2016 to 2024. At a revenue share of 39.44%, Asia Pacific led the overall traction equipment market in 2014 and is likely to retain its lead through 2024. Europe is a close second. The traction equipment market in the Rest of the World is anticipated to expand at the fastest pace from 2016 to 2024 in terms of both revenue and demand. By type of equipment, traction motors are the leading contributors to the growth of the traction equipment market by value as well as volume, while the segment of traction transformers is projected to register the highest CAGR during the forecast period. “The growth rates of these equipment correspond to that of the electrified network and locomotives across the globe,” the TMR analyst states. “As a result, the demand for traction equipment will rise with the increase in investments made in railways.” Traction Equipment Market, by Equipment Type • Traction Transformer • Traction Motor Download the Traction Equipment Industry Fact Sheet by 2024 @ http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=13115 TABLE OF CONTENT Preface 1.1. Report Description 1.2. Market Segmentation 1.3. Research Scope 1.4. Research Methodology Transparency Market Research 3 Traction Equipment Market 2. Executive Summary 2.1. Snapshot 2.2. Overview 3. Industry Analysis 3.1. Introduction 3.2. Overview 3.3. Value Chain Analysis – Snapshot 3.4. Value Chain Analysis – Overview 3.5. Market Dynamics – Overview 3.5.1. Driver – Expansion of Railway Network 3.5.2. Restraint – Slow Growth in Demand 3.5.3. Opportunity – Development of High-Speed Railway Network 3.6. Porter’s Five Forces Analysis – Overview 3.6.1. Porter’s Five Forces Analysis – Bargaining Power of Suppliers 3.6.2. Porter’s Five Forces Analysis – Bargaining Power Of Buyers 3.6.3. Porter’s Five Forces Analysis – Threat Of Substitutes 3.6.4. Porter’s Five Forces Analysis – Threat Of New Entrants 3.6.5. Porter’s Five Forces Analysis – Degree Of Competition 3.7. Market Attractiveness Analysis by Region 3.8. Market Leading Players Analysis – Snapshot 3.9. Market Leading Players Analysis – Overview Transparency Market Research 4 Traction Equipment Market 4. Global Traction Equipment Market – Equipment Type Segment Analysis, Volume (Unit) and Revenue (US$ Bn), 2014 – 2024 4.1. Introduction 4.2. Overview 4.2.1. Traction Transformer 4.2.2. Traction Motor 4.2.3. Traction Converter 5. Global Traction Equipment Market – Regional Segment Analysis, Volume (Unit) and Revenue (US$ Bn), 2014 – 2024 5.1. Regional Snapshot By Volume 5.2. Regional Snapshot By Revenue 5.3. Regional Overview 5.4. Traction Equipment Market − North America 5.5. North America – Overview 5.5.1. North America Traction Equipment Market– By Equipment Type 5.5.1.1. Traction Transformer 5.5.1.2. Traction Motor 5.5.1.3. Traction Converter 5.5.2. U.S. Traction Equipment Market – Overview 5.5.2.1. U.S. Traction Equipment Market – By Equipment Type Transparency Market Research 5 Traction Equipment Market 5.5.2.1.1. Traction Transformer 5.5.2.1.2. Traction Motor 5.5.2.1.3. Traction Converter 5.5.3. Canada Traction Equipment Market – Overview 5.5.3.1.1. Traction Transformer 5.5.3.1.2. Traction Motor 5.5.3.1.3. Traction Converter 5.5.3.2. Rest of North America Traction Equipment Market – By Equipment Type 5.5.3.2.1. Traction Transformer 5.5.3.2.2. Traction Motor 5.5.3.2.3. Traction Converter 5.6. Traction Equipment Market − Europe 5.7. Europe – Overview 5.7.1. Europe Traction Equipment Market– By Equipment Type 5.7.1.1. Traction Transformer 5.7.1.2. Traction Motor 5.7.1.3. Traction Converter 5.7.2. Germany Traction Equipment Market – Overview 5.7.2.1. Germany Traction Equipment Market – By Equipment Type 5.7.2.1.1. Traction Transformer 5.7.2.1.2. Traction Motor 5.7.2.1.3. Traction Converter Transparency Market Research 6 Traction Equipment Market 5.7.3. U.K. Traction Equipment Market – Overview 5.7.3.1. U.K. Traction Equipment Market – By Equipment Type 5.7.3.1.1. Traction Transformer 5.7.3.1.2. Traction Motor 5.7.3.1.3. Traction Converter 5.7.4. Spain Traction Equipment Market – Overview 5.7.4.1. Spain Traction Equipment Market – By Equipment Type 5.7.4.1.1. Traction Transformer 5.7.4.1.2. Traction Motor 5.7.4.1.3. Traction Converter 5.7.5. France Traction Equipment Market – Overview 5.7.5.1. France Traction Equipment Market – By Equipment Type 5.7.5.1.1. Traction Transformer 5.7.5.1.2. Traction Motor 5.7.5.1.3. Traction Converter 5.7.6. Russia Traction Equipment Market – Overview 5.7.6.1. Russia Traction Equipment Market – By Equipment Type 5.7.6.1.1. Traction Transformer 5.7.6.1.2. Traction Motor 5.7.6.1.3. Traction Converter 5.7.7. Rest of Europe Traction Equipment Market – Overview 5.7.7.1. Rest of Europe Traction Equipment Market – By Equipment Type Transparency Market Research 7 Traction Equipment Market 5.7.7.1.1. Traction Transformer 5.7.7.1.2. Traction Motor 5.7.7.1.3. Traction Converter 5.8. Traction Equipment Market − Asia Pacific 5.9. Asia Pacific – Overview 5.9.1. Asia Pacific Traction Equipment Market– By Equipment Type 5.9.1.1. Traction Transformer 5.9.1.2. Traction Motor 5.9.1.3. Traction Converter 5.9.2. China Traction Equipment Market – Overview 5.9.2.1. China Traction Equipment Market – By Equipment Type 5.9.2.1.1. Traction Transformer 5.9.2.1.2. Traction Motor 5.9.2.1.3. Traction Converter 5.9.3. India Traction Equipment Market – Overview 5.9.3.1. India Traction Equipment Market – By Equipment Type 5.9.3.1.1. Traction Transformer 5.9.3.1.2. Traction Motor 5.9.3.1.3. Traction Converter 5.9.4. Japan Traction Equipment Market – Overview 5.9.4.1. Japan Traction Equipment Market – By Equipment Type 5.9.4.1.1. Traction Transformer Transparency Market Research 8 Traction Equipment Market 5.9.4.1.2. Traction Motor 5.9.4.1.3. Traction Converter 5.9.5. Australia Traction Equipment Market – Overview 5.9.5.1. Australia Traction Equipment Market – By Equipment Type 5.9.5.1.1. Traction Transformer 5.9.5.1.2. Traction Motor 5.9.5.1.3. Traction Converter 5.9.6. Rest of Asia Pacific Traction Equipment Market – Overview 5.9.6.1. Rest of Asia Pacific Traction Equipment Market – By Equipment Type 5.9.6.1.1. Traction Transformer 5.9.6.1.2. Traction Motor 5.9.6.1.3. Traction Converter 5.10. Traction Equipment Market – Rest of the World 5.11. Rest of the World – Overview 5.11.1. Rest of the World Traction Equipment Market– By Equipment Type 5.11.1.1. Traction Transformer 5.11.1.2. Traction Motor 5.11.1.3. Traction Converter 5.11.2. Brazil Traction Equipment Market – Overview 5.11.2.1. Brazil Traction Equipment Market – By Equipment Type 5.11.2.1.1. Traction Transformer 5.11.2.1.2. Traction Motor Transparency Market Research 9 Traction Equipment Market 5.11.2.1.3. Traction Converter 5.11.3. Other Countries Traction Equipment Market – Overview 5.11.3.1. Other Countries Traction Equipment Market – By Equipment Type 5.11.3.1.1. Traction Transformer 5.11.3.1.2. Traction Motor 5.11.3.1.3. Traction Converter 6. Company Profiles 6.1. ABB Ltd. 6.1.1. Company Overview 6.1.2. Financial Overview 6.1.3. Business Strategy 6.1.4. Recent Developments 6.2. Alstom SA 6.2.1. Company Overview 6.2.2. Financial Overview 6.2.3. Business Strategy 6.2.4. Recent Developments 6.3. American Traction Systems 6.3.1. Company Overview 6.3.2. Financial Overview 6.3.3. Business Strategy Transparency Market Research 10 Traction Equipment Market 6.3.4. Recent Developments 6.4. Bombardier Inc. 6.4.1. Company Overview 6.4.2. Financial Overview 6.4.3. Business Strategy 6.4.4. Recent Developments 6.5. Caterpillar Inc. 6.5.1. Company Overview 6.5.2. Financial Overview 6.5.3. Business Strategy 6.5.4. Recent Developments 6.6. Crompton Greaves Limited 6.6.1. Company Overview 6.6.2. Financial Overview 6.6.3. Business Strategy 6.6.4. Recent Developments 6.7. Siemens AG 6.7.1. Company Overview 6.7.2. Financial Overview 6.7.3. Business Strategy 6.7.4. Recent Developments 6.8. General Electric Company Transparency Market Research 11 Traction Equipment Market 6.8.1. Company Overview 6.8.2. Financial Overview 6.8.3. Business Strategy 6.8.4. Recent Developments 6.9. Kawasaki Heavy Industries Ltd. 6.9.1. Company Overview 6.9.2. Financial Overview 6.9.3. Business Strategy 6.9.4. Recent Developments 6.10. Mitsubishi Electric Corporation 6.10.1. Company Overview 6.10.2. Financial Overview 6.10.3. Business Strategy 6.10.4. Recent Developments 6.11. VEM Group 6.11.1. Company Overview 6.11.2. Financial Overview 6.11.3. Business Strategy 6.11.4. Recent Developments 6.12. Toshiba International Corporation 6.12.1. Company Overview 6.12.2. Financial Overview Transparency Market Research 12 Traction Equipment Market 6.12.3. Business Strategy 6.12.4. Recent Developments 6.13. TTM Rail - Transtech Melbourne Pty Ltd. 6.13.1. Company Overview 6.13.2. Financial Overview 6.13.3. Business Strategy 6.13.4. Recent Developments Browse Report with Full TOC at : http://www.transparencymarketresearch.com/traction-equipmentmarket.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forwardlooking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 Transparency Market Research 13 Traction Equipment Market USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ Transparency Market Research 14
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