Global Electric Traction System Market Growth 2023-2029

Global Electric Traction System Market Growth 2023-2029

LPI (LP Information)' newest research report, the “Electric Traction System Industry Forecast” looks at past sales and reviews total world Electric Traction System sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Traction System sales for 2023 through 2029. With Electric Traction System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Traction System industry.

This Insight Report provides a comprehensive analysis of the global Electric Traction System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Traction System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Traction System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Traction System and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Traction System.

The global Electric Traction System market size is projected to grow from US$ 377510 million in 2022 to US$ 409900 million in 2029; it is expected to grow at a CAGR of 409900 from 2023 to 2029.

United States market for Electric Traction System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Electric Traction System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Electric Traction System is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Electric Traction System players cover ABB, Alstom, Siemens, Voith GmbH, Koncar, Mitsubishi Electric Corporation, Delphi Automotive LLP, Curtiss-Wright Corporation and Prodrive Technologies, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Traction System market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Alternating Current Supply
Direct Current Supply

Segmentation by application
Railways
Automotive
Oil & Gas
Power Engineering/Electrical Engineering
Mining

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
Alstom
Siemens
Voith GmbH
Koncar
Mitsubishi Electric Corporation
Delphi Automotive LLP
Curtiss-Wright Corporation
Prodrive Technologies
Toshiba Corporation
General Electric
CG Power and Industrial Solutions Ltd
Bombardier Inc
American Traction Systems
VEM Group
Caterpillar Inc.
TTM Rail - Transtech Melbourne Pty Ltd
Kawasaki Heavy Industries Ltd.
Traktionssysteme Austria GmbH
Hyundai Rotem Company
Hitachi, Ltd.
Ansaldo Signalling and Transportation Systems
Skoda Transpiration a.s.
Wabtec Corporation
Schneider Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Electric Traction System market?

What factors are driving Electric Traction System market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Electric Traction System market opportunities vary by end market size?

How does Electric Traction System break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.