Research and Markets: Traction Transformer Market in Europe 2015-2019 with ABB, Alstom & Siemens Dominating
By Business Wire News
By Business Wire News
Research and Markets (http://www.researchandmarkets.com/research/vj7vt8/traction) has announced the addition of the “Traction Transformer Market in Europe 2015-2019” report to their offering.
The traction transformer market in Europe to grow at a CAGR of 6.78% over the period 2015-2019
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, these transformers have been used in railway traction. It is considered to be the best alternative to the conventional fossil-fuel-based traction systems. It comes with various mounting options: on-board, undercarriage, and rooftop. Traction systems can be broadly segmented into the following: AC systems and DC systems. Typical system setups are the following: 25 kV AC 50 Hz, 15 kV AC 16 2/3 Hz, 3 kV DC, 1.5 kV DC, and 1.2 kV DC.
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 designed PETT, a smart traction transformer that 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.
According to the report, the traction transformer market in Europe has grown steadily, driven by increased government investment in public transit systems. Electric train projects witnessed the highest investment in Europe. Stringent gas emission regulations have led to increased demand for traction transformers.
Further, the report states the increased threat from local vendors is inhibiting market growth.
Other prominent vendors
- Crompton Greaves
- Hitachi Plant Technologies
- Hyundai Rotem
- JST Transformateurs
- Mitsubishi Electric
- Schneider Electric
- Setrans Holding
- Skoda Holding
For more information visit http://www.researchandmarkets.com/research/vj7vt8/traction
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