Research and Markets: The Traction Transformer Market in APAC to Grow at a CAGR of 8.08 Percent over the Period 2015-2019
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/5sg8r4/traction) has announced the addition of the “Traction Transformer Market in APAC 2015-2019” report to their offering.
One of the most vital components of a rolling stock is a traction transformer. It forms the most integral part of an electric traction system and helps in the smooth movement of motors such as locomotives, high-speed trains, and trams. For over a century now, these transformers have been used for traction in railways. It is considered to be the best alternative to conventional fossil-fuel based traction systems. It comes with various mounting options such as:
These traction systems may have a combination of stationary transformers, auto transformers, and booster transformers. Traction transformers are used to bring down the voltage of the overhead electric line from 15/25 kV to the desired voltage of 0.7/1.5 kV. Traction transformers are mainly used in high-speed trains, EMUs, electric locomotives, and trams. Traction transformers can be customized as per the end-users’ requirements.
Commenting on the report, an analyst from the team said: Vendors in the market are trying to manufacture more efficient traction transformers to differentiate their products from the competition. For instance, ABB, a major player in the traction transformer market in Europe, has introduced PETT, a smart traction transformer, which uses power electronics instead of the conventional inverter and transformer combination. This transformer is more efficient in terms of energy compared with traditional transformers. Apart from ABB, many other vendors are shifting their focus toward light, small, and more efficient transformers.
Further, the report states that increased and intense competition from local and regional vendors inhibits market growth.
For more information visit http://www.researchandmarkets.com/research/5sg8r4/traction
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