Traction Transformer Market 2021 : Trends And Growth Factors Analysis

 Traction transformer is an electrical device which is used in designing and manufacturing of railway system. It transfers the energy from one circuit to another through electromagnetic induction. It substituted the traction system run by fossil fuels years ago. It acts as an integral part of electric traction system. In terms of technology traction system is divided two major groups, DC (direct current) systems and AC (alternative current) systems

The use of traction transformer in EMUs or high speed trains has different electrical standards. The voltage lines range from 15 kV or 25 kV which is suitable for traction converters ranging 0.7 kV and 25kV. While manufacturing, quality check is performed by quality assurance departments at each stage of production. It enhances better performance in order to have reliability and energy efficiency, also ensures reduced life cycle cost and easier maintenance cost. Thus the quality check becomes essential before delivering the product into the market. Some of the organization for quality check includes IEC 60310, ISO 9001, ISO 14001 and IRIS Certification.

Request for a sample:

https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4479

Some of the major drivers for this market are the congestions of roads due to huge traffic. People are switching over to airways to save time to reach the destination. Thereby, to ease the regularity of railway system, government has initiated projects to make high-speed trains with high power. Some of the factors restraining the market is the voltage drop or the performance degradation, which hinders the smooth functioning of the transformer system. Moreover, inadequate power supply acts as a restraining factor in the growth of traction transformer market.

The replacement of usual components with power electric technology due to the new advancement by technology in the market serves as an opportunity for this market. This change is called as “fourth revolution” in traction technology

Traction Transformer market by types are tapped, tap changing and rectifier. The market for tapped is more compared to the rest of the types of traction market. These electric transformers have high efficiency of electric motors which convert the kinetic energy into regenerative braking system. This demand is growing with the increase in applications in electric locomotives, high speed trains, trams, and Electric Multiple Units (EMUs).Thus Traction transformer market acts as a catalyst in growth of railway transport system. The growth rate of high speed trains are expected to be high in the forecasted period.

Ask for brochure:

https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=4479

The global traction transformer market is expected to undergo steady growth in the forecasted period. Some of the major players like ABB, Siemens are trying to manufacture products which is efficient and able to differentiate with their competitors. Europe is the largest market in terms of revenue early development of electric traction technology is the main driver that contributes to the growth of this market in Europe. APAC region is the fastest growing market by revenue due to the high density population in the countries like China and India.

Some of the key players in traction transformer market are ABB (Switzerland), Alstom (France), Siemens AG (Germany), Avago technologies ltd (U.S), SPX transformer (U.S) and Schneider Electric SA (France) among others.

Read our latest press release:

https://www.prnewswire.com/news-releases/long-term-health-hazards-loss-of-natural-habitat-of-terrestrial-aquatic-animals-due-to-rise-in-air-pollution-levels-drives-growth-in-air-quality-monitoring-equipment-market-valuation-projected-to-surpass-us-4-7-bn-by-2031–opi-301284496.html

Comments

Post a Comment

Popular posts from this blog

Packaging and Storage of Olive Oil industry : Global Industry Analysis, Size, Share, Growth, Trends And Forecast

  As olive oil has varied tastes, smell and properties, they’re stored in a different type of containers.   Olive oil packaging   is usually done in bottles and jars primarily made up of glass and plastic. Plastic bottles are made up of high-density polyethylene which is light-weight and unbreakable while glass bottles and jars are made from moulded glass. As manufacturers and customers are moving towards sustainability, there are other packaging materials replacing single-use and non-recyclable packaging material which takes in consideration, cans and tetra packaging in form of metal (tin-coated and steel) and paperboards. Olive Oil Packaging Market- Dynamics Packaging plays a major role when it comes to liquid packaging. Shelf life and durability of olive oil depends on its packaging and storage conditions. It can also help to protect the oil from coming in direct contact with UV present in sunlight, or moisture which can deteriorate the oil. During packaging, olive oil...
Read more

Ceiling Microphone Market Comprehensive Evaluation Of The Market Via In-Depth Qualitative Insights

  A report by Transparency Market Research (TMR) provides 360-degree analysis of the global Ceiling Microphone market. Hence, readers get access to thorough assessment of important factors including the growth drivers, challenges, R&Ds, and business expansion opportunities in the market during the forecast period, 2022 to 2031. The key objective of the report is to offer a complete assessment of the global market including major leading stakeholders of the Ceiling Microphone industry. The current and historical status of the market together with forecasted market size and trends are demonstrated in the assessment in simple manner. In addition, the report delivers data on the volume, share, revenue, production, and sales in the market. The report by TMR is the end-product of a study performed using different methodologies including the PESTEL, PORTER, and SWOT analysis. The study with the help of these models shed light on the key financial considerations that players in the Cei...
Read more

Optical Sensor Market Analysis, Demand Growth, Current Trends

  The optical sensor market is charting an impressive growth, catalyzed by the quest of numerous end-use industries for a future-benign revolution. According to a latest study published by Transparency Market Research (TMR), the   optical sensor   market will record a value tantamount to ~ US$ 1.4 Bn  in 2019, and will advance at a CAGR of ~ 11%  during 2019-2027. The need for high Internet speed to facilitate seamless operations of IoT devices is projected to exert a strong influence on the landscape. Since the ‘price’ of optical sensors is a key competitive parameter, local players, especially those based in developing countries, tend to penetrate in developed countries and distinguish themselves by offering effective optical sensors – in terms of both, price and operations – which puts a price-reduction pressure on established players. However, the threat of counterfeit optical sensors is leading to shifting interest towards substitute sensors, with phot...
Read more