The Report “Asia Pacific Traction Transformer Market by Type (Tap changing, Tapped, Rectifier) by Voltage Range (AC, DC) by Application (High speed train, Electric Locomotive, Electrical multiple unit (EMU), Trams) by Geography – Analysis & Forecasts to 2019”, is estimated to reach $703.18 million by 2019, growing at a CAGR of 8.3% from 2014 to 2019.
Browse through the TOC of the Asia Pacific Traction Transformer Market for an analysis of industry trends and segments, with the help of various tables and figures.
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The traction transformer forms a pivotal component of the electric traction system, which is a propulsion system mainly used in rail transport. The traction transformer market is segmented on the basis of type, voltage range, application, and geography. According to application, this market is classified into high-speed trains, electric locomotives, electric multiple units (EMUs), and trams.
Locomotive traction is one of the major markets for traction transformers in Asia Pacific, owing to the weight factor in terms of permissible axle load.
The Asia-Pacific traction transformer market is moving towards the adoption of power electronic traction transformer (Solid-State Traction Transformer), which plays a crucial role in locomotive traction. Power electronic traction transformers (PETT) uses power electric components instead of the usual components. The insulated- gate bipolar transistor (IGBT) power components enable increase in electric operating frequency of the traction transformers. There are numerous advantages associated with the usage PETT, such as weight reduction, space savings, and fast acceleration, in addition to improved adhesion in locomotives, improved electromagnetic compatibility (EMC), lower acoustic emission, and higher efficiency.
This market research report highlights market share, value chain analysis, along with market metrics, such as drivers and restraints impacting the growth of the market. It also presents competitive landscape and company profiles of key players thriving in this market.
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