Global Railway Traction Motor Market 2024-2028

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	151 Pages	TechNavio	July, 2024	INF19286868

Best Price Guarantee
Price	from $2,500
Length	151 Pages
Publisher	TechNavio
Published Date	July, 2024
SKU	INF19286868

Global Railway Traction Motor Market 2024-2028

The railway traction motor market is forecasted to grow by USD 2187.7 mn during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the railway traction motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by railway infrastructure development in asian countries, increased demand for rail logistics due to rising trade activities, and introduction of new railway projects.

Technavio's railway traction motor market is segmented as below:

By Type
DC motors
AC motors
Synchronous motors
By Geographical Landscape
APAC
North America
Europe
Middle East and Africa
South America

This study identifies the emergence of battery-electric locomotives as one of the prime reasons driving the railway traction motor market growth during the next few years. Also, adoption of IOT in railway propulsion system monitoring and increased government funding and public-private partnerships (PPPs) will lead to sizable demand in the market.

The report on the railway traction motor market covers the following areas:

Railway traction motor market sizing
Railway traction motor market forecast
Railway traction motor market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading railway traction motor market vendors that include ABB, ALSTOM SA, American Traction Systems, Bharat Heavy Electricals Ltd., Electric Motor Services Inc., HaslerRail AG, Hyundai Heavy Industries Group, Kirloskar Electric Co. Ltd., Medha Servo Drives Pvt. Ltd., Mitsubishi Electric Corp., PowerRail, Rotomac Electricals Pvt. Ltd., Saini Group, Sherwood Electromotion Inc., Siemens AG, Sulzer Ltd., Toshiba Corp., Traktionssysteme Austria GmbH, VEM Group, and WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP.. Also, the railway traction motor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

1 Executive Summary: 1.1 Market overview; Executive Summary - Chart on Market Overview; Executive Summary - Data Table on Market Overview; Executive Summary - Chart on Global Market Characteristics; Executive Summary - Chart on Market By Geographical Landscape; Executive Summary - Chart on Market Segmentation by Type; Executive Summary - Chart on Incremental Growth; Executive Summary - Data Table on Incremental Growth; Executive Summary - Chart on Company Market Positioning
2 Market Landscape: 2.1 Market ecosystem; Parent Market; Data Table on - Parent Market; 2.2 Market characteristics; Market characteristics analysis; 2.3 Value chain analysis; Value Chain Analysis
3 Market Sizing: 3.1 Market definition; Offerings of companies included in the market definition; 3.2 Market segment analysis; Market segments; 3.3 Market size 2023; 3.4 Market outlook: Forecast for 2023-2028; Chart on Global - Market size and forecast 2023-2028 ($ million); Data Table on Global - Market size and forecast 2023-2028 ($ million); Chart on Global Market: Year-over-year growth 2023-2028 (%); Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size: 4.1 Global Railway Traction Motor Market 2018 - 2022; Historic Market Size - Data Table on Global Railway Traction Motor Market 2018 - 2022 ($ million); 4.2 Type segment analysis 2018 - 2022; Historic Market Size - Type Segment 2018 - 2022 ($ million); 4.3 Geography segment analysis 2018 - 2022; Historic Market Size - Geography Segment 2018 - 2022 ($ million); 4.4 Country segment analysis 2018 - 2022; Historic Market Size - Country Segment 2018 - 2022 ($ million)
5 Five Forces Analysis: 5.1 Five forces summary; Five forces analysis - Comparison between 2023 and 2028; 5.2 Bargaining power of buyers; Bargaining power of buyers - Impact of key factors 2023 and 2028; 5.3 Bargaining power of suppliers; Bargaining power of suppliers - Impact of key factors in 2023 and 2028; 5.4 Threat of new entrants; Threat of new entrants - Impact of key factors in 2023 and 2028; 5.5 Threat of substitutes; Threat of substitutes - Impact of key factors in 2023 and 2028; 5.6 Threat of rivalry; Threat of rivalry - Impact of key factors in 2023 and 2028; 5.7 Market condition; Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type: 6.1 Market segments; Chart on Type - Market share 2023-2028 (%); Data Table on Type - Market share 2023-2028 (%); 6.2 Comparison by Type; Chart on Comparison by Type; Data Table on Comparison by Type; 6.3 DC motors - Market size and forecast 2023-2028; Chart on DC motors - Market size and forecast 2023-2028 ($ million); Data Table on DC motors - Market size and forecast 2023-2028 ($ million); Chart on DC motors - Year-over-year growth 2023-2028 (%); Data Table on DC motors - Year-over-year growth 2023-2028 (%); 6.4 AC motors - Market size and forecast 2023-2028; Chart on AC motors - Market size and forecast 2023-2028 ($ million); Data Table on AC motors - Market size and forecast 2023-2028 ($ million); Chart on AC motors - Year-over-year growth 2023-2028 (%); Data Table on AC motors - Year-over-year growth 2023-2028 (%); 6.5 Synchronous motors - Market size and forecast 2023-2028; Chart on Synchronous motors - Market size and forecast 2023-2028 ($ million); Data Table on Synchronous motors - Market size and forecast 2023-2028 ($ million); Chart on Synchronous motors - Year-over-year growth 2023-2028 (%); Data Table on Synchronous motors - Year-over-year growth 2023-2028 (%); 6.6 Market opportunity by Type; Market opportunity by Type ($ million); Data Table on Market opportunity by Type ($ million)
7 Customer Landscape: 7.1 Customer landscape overview; Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape: 8.1 Geographic segmentation; Chart on Market share By Geographical Landscape 2023-2028 (%); Data Table on Market share By Geographical Landscape 2023-2028 (%); 8.2 Geographic comparison; Chart on Geographic comparison; Data Table on Geographic comparison; 8.3 APAC - Market size and forecast 2023-2028; Chart on APAC - Market size and forecast 2023-2028 ($ million); Data Table on APAC - Market size and forecast 2023-2028 ($ million); Chart on APAC - Year-over-year growth 2023-2028 (%); Data Table on APAC - Year-over-year growth 2023-2028 (%); 8.4 North America - Market size and forecast 2023-2028; Chart on North America - Market size and forecast 2023-2028 ($ million); Data Table on North America - Market size and forecast 2023-2028 ($ million); Chart on North America - Year-over-year growth 2023-2028 (%); Data Table on North America - Year-over-year growth 2023-2028 (%); 8.5 Europe - Market size and forecast 2023-2028; Chart on Europe - Market size and forecast 2023-2028 ($ million); Data Table on Europe - Market size and forecast 2023-2028 ($ million); Chart on Europe - Year-over-year growth 2023-2028 (%); Data Table on Europe - Year-over-year growth 2023-2028 (%); 8.6 Middle East and Africa - Market size and forecast 2023-2028; Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million); Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million); Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%); Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%); 8.7 South America - Market size and forecast 2023-2028; Chart on South America - Market size and forecast 2023-2028 ($ million); Data Table on South America - Market size and forecast 2023-2028 ($ million); Chart on South America - Year-over-year growth 2023-2028 (%); Data Table on South America - Year-over-year growth 2023-2028 (%); 8.8 US - Market size and forecast 2023-2028; Chart on US - Market size and forecast 2023-2028 ($ million); Data Table on US - Market size and forecast 2023-2028 ($ million); Chart on US - Year-over-year growth 2023-2028 (%); Data Table on US - Year-over-year growth 2023-2028 (%); 8.9 China - Market size and forecast 2023-2028; Chart on China - Market size and forecast 2023-2028 ($ million); Data Table on China - Market size and forecast 2023-2028 ($ million); Chart on China - Year-over-year growth 2023-2028 (%); Data Table on China - Year-over-year growth 2023-2028 (%); 8.10 Germany - Market size and forecast 2023-2028; Chart on Germany - Market size and forecast 2023-2028 ($ million); Data Table on Germany - Market size and forecast 2023-2028 ($ million); Chart on Germany - Year-over-year growth 2023-2028 (%); Data Table on Germany - Year-over-year growth 2023-2028 (%); 8.11 India - Market size and forecast 2023-2028; Chart on India - Market size and forecast 2023-2028 ($ million); Data Table on India - Market size and forecast 2023-2028 ($ million); Chart on India - Year-over-year growth 2023-2028 (%); Data Table on India - Year-over-year growth 2023-2028 (%); 8.12 Russia - Market size and forecast 2023-2028; Chart on Russia - Market size and forecast 2023-2028 ($ million); Data Table on Russia - Market size and forecast 2023-2028 ($ million); Chart on Russia - Year-over-year growth 2023-2028 (%); Data Table on Russia - Year-over-year growth 2023-2028 (%); 8.13 Market opportunity By Geographical Landscape; Market opportunity By Geographical Landscape ($ million); Data Tables on Market opportunity By Geographical Landscape ($ million)
9 Drivers, Challenges, and Opportunity/Restraints: 9.1 Market drivers; 9.2 Market challenges; 9.3 Impact of drivers and challenges; Impact of drivers and challenges in 2023 and 2028; 9.4 Market opportunities/restraints
10 Competitive Landscape: 10.1 Overview; 10.2 Competitive Landscape; Overview on criticality of inputs and factors of differentiation; 10.3 Landscape disruption; Overview on factors of disruption; 10.4 Industry risks; Impact of key risks on business
11 Competitive Analysis: 11.1 Companies profiled; Companies covered; 11.2 Market positioning of companies; Matrix on companies position and classification; 11.3 ABB; ABB - Overview; ABB - Product / Service; ABB - Key news; ABB - Key offerings; 11.4 ALSTOM SA; ALSTOM SA - Overview; ALSTOM SA - Business segments; ALSTOM SA - Key news; ALSTOM SA - Key offerings; ALSTOM SA - Segment focus; 11.5 Bharat Heavy Electricals Ltd.; Bharat Heavy Electricals Ltd. - Overview; Bharat Heavy Electricals Ltd. - Business segments; Bharat Heavy Electricals Ltd. - Key news; Bharat Heavy Electricals Ltd. - Key offerings; Bharat Heavy Electricals Ltd. - Segment focus; 11.6 Hyundai Heavy Industries Group; Hyundai Heavy Industries Group - Overview; Hyundai Heavy Industries Group - Business segments; Hyundai Heavy Industries Group - Key news; Hyundai Heavy Industries Group - Key offerings; Hyundai Heavy Industries Group - Segment focus; 11.7 Kirloskar Electric Co. Ltd.; Kirloskar Electric Co. Ltd. - Overview; Kirloskar Electric Co. Ltd. - Business segments; Kirloskar Electric Co. Ltd. - Key offerings; Kirloskar Electric Co. Ltd. - Segment focus; 11.8 Medha Servo Drives Pvt. Ltd.; Medha Servo Drives Pvt. Ltd. - Overview; Medha Servo Drives Pvt. Ltd. - Product / Service; Medha Servo Drives Pvt. Ltd. - Key offerings; 11.9 Mitsubishi Electric Corp.; Mitsubishi Electric Corp. - Overview; Mitsubishi Electric Corp. - Business segments; Mitsubishi Electric Corp. - Key news; Mitsubishi Electric Corp. - Key offerings; Mitsubishi Electric Corp. - Segment focus; 11.10 Rotomac Electricals Pvt. Ltd.; Rotomac Electricals Pvt. Ltd. - Overview; Rotomac Electricals Pvt. Ltd. - Product / Service; Rotomac Electricals Pvt. Ltd. - Key offerings; 11.11 Saini Group; Saini Group - Overview; Saini Group - Product / Service; Saini Group - Key offerings; 11.12 Siemens AG; Siemens AG - Overview; Siemens AG - Business segments; Siemens AG - Key news; Siemens AG - Key offerings; Siemens AG - Segment focus
12 Appendix: 12.1 Scope of the report; 12.2 Inclusions and exclusions checklist; Inclusions checklist; Exclusions checklist; 12.3 Currency conversion rates for US$; Currency conversion rates for US$; 12.4 Research methodology; Research methodology; 12.5 Data procurement; Information sources; 12.6 Data validation; Data validation; 12.7 Validation techniques employed for market sizing; Validation techniques employed for market sizing; 12.8 Data synthesis; Data synthesis; 360 degree market analysis; 360 degree market analysis; 12.10 List of abbreviations; List of abbreviations
Exhibits:: Exhibits1: Executive Summary - Chart on Market Overview; Exhibits2: Executive Summary - Data Table on Market Overview; Exhibits3: Executive Summary - Chart on Global Market Characteristics; Exhibits4: Executive Summary - Chart on Market By Geographical Landscape; Exhibits5: Executive Summary - Chart on Market Segmentation by Type; Exhibits6: Executive Summary - Chart on Incremental Growth; Exhibits7: Executive Summary - Data Table on Incremental Growth; Exhibits8: Executive Summary - Chart on Company Market Positioning; Exhibits9: Parent Market; Exhibits10: Data Table on - Parent Market; Exhibits11: Market characteristics analysis; Exhibits12: Value Chain Analysis; Exhibits13: Offerings of companies included in the market definition; Exhibits14: Market segments; Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million); Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million); Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%); Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%); Exhibits19: Historic Market Size - Data Table on Global Railway Traction Motor Market 2018 - 2022 ($ million); Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ million); Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million); Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million); Exhibits23: Five forces analysis - Comparison between 2023 and 2028; Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028; Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028; Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028; Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028; Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028; Exhibits29: Chart on Market condition - Five forces 2023 and 2028; Exhibits30: Chart on Type - Market share 2023-2028 (%); Exhibits31: Data Table on Type - Market share 2023-2028 (%); Exhibits32: Chart on Comparison by Type; Exhibits33: Data Table on Comparison by Type; Exhibits34: Chart on DC motors - Market size and forecast 2023-2028 ($ million); Exhibits35: Data Table on DC motors - Market size and forecast 2023-2028 ($ million); Exhibits36: Chart on DC motors - Year-over-year growth 2023-2028 (%); Exhibits37: Data Table on DC motors - Year-over-year growth 2023-2028 (%); Exhibits38: Chart on AC motors - Market size and forecast 2023-2028 ($ million); Exhibits39: Data Table on AC motors - Market size and forecast 2023-2028 ($ million); Exhibits40: Chart on AC motors - Year-over-year growth 2023-2028 (%); Exhibits41: Data Table on AC motors - Year-over-year growth 2023-2028 (%); Exhibits42: Chart on Synchronous motors - Market size and forecast 2023-2028 ($ million); Exhibits43: Data Table on Synchronous motors - Market size and forecast 2023-2028 ($ million); Exhibits44: Chart on Synchronous motors - Year-over-year growth 2023-2028 (%); Exhibits45: Data Table on Synchronous motors - Year-over-year growth 2023-2028 (%); Exhibits46: Market opportunity by Type ($ million); Exhibits47: Data Table on Market opportunity by Type ($ million); Exhibits48: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria; Exhibits49: Chart on Market share By Geographical Landscape 2023-2028 (%); Exhibits50: Data Table on Market share By Geographical Landscape 2023-2028 (%); Exhibits51: Chart on Geographic comparison; Exhibits52: Data Table on Geographic comparison; Exhibits53: Chart on APAC - Market size and forecast 2023-2028 ($ million); Exhibits54: Data Table on APAC - Market size and forecast 2023-2028 ($ million); Exhibits55: Chart on APAC - Year-over-year growth 2023-2028 (%); Exhibits56: Data Table on APAC - Year-over-year growth 2023-2028 (%); Exhibits57: Chart on North America - Market size and forecast 2023-2028 ($ million); Exhibits58: Data Table on North America - Market size and forecast 2023-2028 ($ million); Exhibits59: Chart on North America - Year-over-year growth 2023-2028 (%); Exhibits60: Data Table on North America - Year-over-year growth 2023-2028 (%); Exhibits61: Chart on Europe - Market size and forecast 2023-2028 ($ million); Exhibits62: Data Table on Europe - Market size and forecast 2023-2028 ($ million); Exhibits63: Chart on Europe - Year-over-year growth 2023-2028 (%); Exhibits64: Data Table on Europe - Year-over-year growth 2023-2028 (%); Exhibits65: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million); Exhibits66: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million); Exhibits67: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%); Exhibits68: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%); Exhibits69: Chart on South America - Market size and forecast 2023-2028 ($ million); Exhibits70: Data Table on South America - Market size and forecast 2023-2028 ($ million); Exhibits71: Chart on South America - Year-over-year growth 2023-2028 (%); Exhibits72: Data Table on South America - Year-over-year growth 2023-2028 (%); Exhibits73: Chart on US - Market size and forecast 2023-2028 ($ million); Exhibits74: Data Table on US - Market size and forecast 2023-2028 ($ million); Exhibits75: Chart on US - Year-over-year growth 2023-2028 (%); Exhibits76: Data Table on US - Year-over-year growth 2023-2028 (%); Exhibits77: Chart on China - Market size and forecast 2023-2028 ($ million); Exhibits78: Data Table on China - Market size and forecast 2023-2028 ($ million); Exhibits79: Chart on China - Year-over-year growth 2023-2028 (%); Exhibits80: Data Table on China - Year-over-year growth 2023-2028 (%); Exhibits81: Chart on Germany - Market size and forecast 2023-2028 ($ million); Exhibits82: Data Table on Germany - Market size and forecast 2023-2028 ($ million); Exhibits83: Chart on Germany - Year-over-year growth 2023-2028 (%); Exhibits84: Data Table on Germany - Year-over-year growth 2023-2028 (%); Exhibits85: Chart on India - Market size and forecast 2023-2028 ($ million); Exhibits86: Data Table on India - Market size and forecast 2023-2028 ($ million); Exhibits87: Chart on India - Year-over-year growth 2023-2028 (%); Exhibits88: Data Table on India - Year-over-year growth 2023-2028 (%); Exhibits89: Chart on Russia - Market size and forecast 2023-2028 ($ million); Exhibits90: Data Table on Russia - Market size and forecast 2023-2028 ($ million); Exhibits91: Chart on Russia - Year-over-year growth 2023-2028 (%); Exhibits92: Data Table on Russia - Year-over-year growth 2023-2028 (%); Exhibits93: Market opportunity By Geographical Landscape ($ million); Exhibits94: Data Tables on Market opportunity By Geographical Landscape ($ million); Exhibits95: Impact of drivers and challenges in 2023 and 2028; Exhibits96: Overview on criticality of inputs and factors of differentiation; Exhibits97: Overview on factors of disruption; Exhibits98: Impact of key risks on business; Exhibits99: Companies covered; Exhibits100: Matrix on companies position and classification; Exhibits101: ABB - Overview; Exhibits102: ABB - Product / Service; Exhibits103: ABB - Key news; Exhibits104: ABB - Key offerings; Exhibits105: ALSTOM SA - Overview; Exhibits106: ALSTOM SA - Business segments; Exhibits107: ALSTOM SA - Key news; Exhibits108: ALSTOM SA - Key offerings; Exhibits109: ALSTOM SA - Segment focus; Exhibits110: Bharat Heavy Electricals Ltd. - Overview; Exhibits111: Bharat Heavy Electricals Ltd. - Business segments; Exhibits112: Bharat Heavy Electricals Ltd. - Key news; Exhibits113: Bharat Heavy Electricals Ltd. - Key offerings; Exhibits114: Bharat Heavy Electricals Ltd. - Segment focus; Exhibits115: Hyundai Heavy Industries Group - Overview; Exhibits116: Hyundai Heavy Industries Group - Business segments; Exhibits117: Hyundai Heavy Industries Group - Key news; Exhibits118: Hyundai Heavy Industries Group - Key offerings; Exhibits119: Hyundai Heavy Industries Group - Segment focus; Exhibits120: Kirloskar Electric Co. Ltd. - Overview; Exhibits121: Kirloskar Electric Co. Ltd. - Business segments; Exhibits122: Kirloskar Electric Co. Ltd. - Key offerings; Exhibits123: Kirloskar Electric Co. Ltd. - Segment focus; Exhibits124: Medha Servo Drives Pvt. Ltd. - Overview; Exhibits125: Medha Servo Drives Pvt. Ltd. - Product / Service; Exhibits126: Medha Servo Drives Pvt. Ltd. - Key offerings; Exhibits127: Mitsubishi Electric Corp. - Overview; Exhibits128: Mitsubishi Electric Corp. - Business segments; Exhibits129: Mitsubishi Electric Corp. - Key news; Exhibits130: Mitsubishi Electric Corp. - Key offerings; Exhibits131: Mitsubishi Electric Corp. - Segment focus; Exhibits132: Rotomac Electricals Pvt. Ltd. - Overview; Exhibits133: Rotomac Electricals Pvt. Ltd. - Product / Service; Exhibits134: Rotomac Electricals Pvt. Ltd. - Key offerings; Exhibits135: Saini Group - Overview; Exhibits136: Saini Group - Product / Service; Exhibits137: Saini Group - Key offerings; Exhibits138: Siemens AG - Overview; Exhibits139: Siemens AG - Business segments; Exhibits140: Siemens AG - Key news; Exhibits141: Siemens AG - Key offerings; Exhibits142: Siemens AG - Segment focus; Exhibits143: Inclusions checklist; Exhibits144: Exclusions checklist; Exhibits145: Currency conversion rates for US$; Exhibits146: Research methodology; Exhibits147: Information sources; Exhibits148: Data validation; Exhibits149: Validation techniques employed for market sizing; Exhibits150: Data synthesis; Exhibits151: 360 degree market analysis; Exhibits152: List of abbreviations