Insights into the Industry
The traction equipment industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of traction equipment ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the traction equipment market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards traction equipment 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the traction equipment industry and impacting its growth. Our report divides the traction equipment market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global traction equipment market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Traction Equipment Market research report which is segmented by Products (Inverters, Traction Transformers, Traction Converters, Traction Motors and Generators, Cable Protections(PMA)), by Applications (Rail, Marine, Industrial Equipments, Electrical Vehicles, Aerospace, Military), by Key Players/Companies Crompton Greaves Limited, American Traction Systems, Bombardier., ABB, VEM Group, Mitsubishi Electric Corporation, Siemens, TTM Rail - Transtech Melbourne Pty Ltd, Alstom, General Electric Company, Kawasaki Heavy Industries, Toshiba International Corporation, Caterpillar”. In 2020, the global traction equipment market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Traction Equipment Market Research Report |
| By Products | Inverters, Traction Transformers, Traction Converters, Traction Motors and Generators, Cable Protections(PMA) |
| By Applications | Rail, Marine, Industrial Equipments, Electrical Vehicles, Aerospace, Military |
| By Key Players | Crompton Greaves Limited, American Traction Systems, Bombardier., ABB, VEM Group, Mitsubishi Electric Corporation, Siemens, TTM Rail - Transtech Melbourne Pty Ltd, Alstom, General Electric Company, Kawasaki Heavy Industries, Toshiba International Corporation, Caterpillar |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 106 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global traction equipment industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, traction equipment industry study report has included all major manufacturers and distributors operating in the traction equipment market across all major regions.
Traction Equipment Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating traction equipment market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
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The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Traction Equipment Market Key Trends Analysis
The key factors influencing the growth of the traction equipment market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Traction Equipment Market Key Segment Analysis
The report delivers a critical assessment on the traction equipment market by segmenting it based on Products, Applications, and region. All the segments and categories of the traction equipment market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global traction equipment market is segmented into Inverters, Traction Transformers, Traction Converters, Traction Motors and Generators, Cable Protections(PMA). Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Rail, Marine, Industrial Equipments, Electrical Vehicles, Aerospace, Military. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the traction equipment market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Traction Equipment Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global traction equipment market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
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For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the traction equipment market.
Some of the leading players profiled in the global traction equipment market are,
- Crompton Greaves Limited
- American Traction Systems
- Bombardier.
- ABB
- VEM Group
- Mitsubishi Electric Corporation
- Siemens
- TTM Rail - Transtech Melbourne Pty Ltd
- Alstom
- General Electric Company
- Kawasaki Heavy Industries
- Toshiba International Corporation
- Caterpillar
The Key Audiences for Traction Equipment Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the traction equipment market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global traction equipment market are as follows:
Global Traction Equipment Market: By Products
- Inverters
- Traction Transformers
- Traction Converters
- Traction Motors and Generators
- Cable Protections(PMA)
Global Traction Equipment Market: By Applications
- Rail
- Marine
- Industrial Equipments
- Electrical Vehicles
- Aerospace
- Military
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major traction equipment . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Traction Equipment market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Crompton Greaves Limited
- American Traction Systems
- Bombardier.
- ABB
- VEM Group
- Mitsubishi Electric Corporation
- Siemens
- TTM Rail - Transtech Melbourne Pty Ltd
- Alstom
- General Electric Company
- Kawasaki Heavy Industries
- Toshiba International Corporation
- Caterpillar
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Traction Equipment Market Share by Type (2020-2026) 1.5.2 Inverters 1.5.3 Traction Transformers 1.5.4 Traction Converters 1.5.5 Traction Motors and Generators 1.5.6 Cable Protections(PMA) 1.6 Market by Application 1.6.1 Global Traction Equipment Market Share by Application (2020-2026) 1.6.2 Rail 1.6.3 Marine 1.6.4 Industrial Equipments 1.6.5 Electrical Vehicles 1.6.6 Aerospace 1.6.7 Military 1.7 Traction Equipment Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Traction Equipment Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Traction Equipment Market 3.1 Value Chain Status 3.2 Traction Equipment Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Traction Equipment 3.2.3 Labor Cost of Traction Equipment 3.2.3.1 Labor Cost of Traction Equipment Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Crompton Greaves Limited 4.1.1 Crompton Greaves Limited Basic Information 4.1.2 Traction Equipment Product Profiles, Application and Specification 4.1.3 Crompton Greaves Limited Traction Equipment Market Performance (2015-2020) 4.1.4 Crompton Greaves Limited Business Overview 4.2 American Traction Systems 4.2.1 American Traction Systems Basic Information 4.2.2 Traction Equipment Product Profiles, Application and Specification 4.2.3 American Traction Systems Traction Equipment Market Performance (2015-2020) 4.2.4 American Traction Systems Business Overview 4.3 Bombardier. 4.3.1 Bombardier. Basic Information 4.3.2 Traction Equipment Product Profiles, Application and Specification 4.3.3 Bombardier. Traction Equipment Market Performance (2015-2020) 4.3.4 Bombardier. Business Overview 4.4 ABB 4.4.1 ABB Basic Information 4.4.2 Traction Equipment Product Profiles, Application and Specification 4.4.3 ABB Traction Equipment Market Performance (2015-2020) 4.4.4 ABB Business Overview 4.5 VEM Group 4.5.1 VEM Group Basic Information 4.5.2 Traction Equipment Product Profiles, Application and Specification 4.5.3 VEM Group Traction Equipment Market Performance (2015-2020) 4.5.4 VEM Group Business Overview 4.6 Mitsubishi Electric Corporation 4.6.1 Mitsubishi Electric Corporation Basic Information 4.6.2 Traction Equipment Product Profiles, Application and Specification 4.6.3 Mitsubishi Electric Corporation Traction Equipment Market Performance (2015-2020) 4.6.4 Mitsubishi Electric Corporation Business Overview 4.7 Siemens 4.7.1 Siemens Basic Information 4.7.2 Traction Equipment Product Profiles, Application and Specification 4.7.3 Siemens Traction Equipment Market Performance (2015-2020) 4.7.4 Siemens Business Overview 4.8 TTM Rail - Transtech Melbourne Pty Ltd 4.8.1 TTM Rail - Transtech Melbourne Pty Ltd Basic Information 4.8.2 Traction Equipment Product Profiles, Application and Specification 4.8.3 TTM Rail - Transtech Melbourne Pty Ltd Traction Equipment Market Performance (2015-2020) 4.8.4 TTM Rail - Transtech Melbourne Pty Ltd Business Overview 4.9 Alstom 4.9.1 Alstom Basic Information 4.9.2 Traction Equipment Product Profiles, Application and Specification 4.9.3 Alstom Traction Equipment Market Performance (2015-2020) 4.9.4 Alstom Business Overview 4.10 General Electric Company 4.10.1 General Electric Company Basic Information 4.10.2 Traction Equipment Product Profiles, Application and Specification 4.10.3 General Electric Company Traction Equipment Market Performance (2015-2020) 4.10.4 General Electric Company Business Overview 4.11 Kawasaki Heavy Industries 4.11.1 Kawasaki Heavy Industries Basic Information 4.11.2 Traction Equipment Product Profiles, Application and Specification 4.11.3 Kawasaki Heavy Industries Traction Equipment Market Performance (2015-2020) 4.11.4 Kawasaki Heavy Industries Business Overview 4.12 Toshiba International Corporation 4.12.1 Toshiba International Corporation Basic Information 4.12.2 Traction Equipment Product Profiles, Application and Specification 4.12.3 Toshiba International Corporation Traction Equipment Market Performance (2015-2020) 4.12.4 Toshiba International Corporation Business Overview 4.13 Caterpillar 4.13.1 Caterpillar Basic Information 4.13.2 Traction Equipment Product Profiles, Application and Specification 4.13.3 Caterpillar Traction Equipment Market Performance (2015-2020) 4.13.4 Caterpillar Business Overview 5 Global Traction Equipment Market Analysis by Regions 5.1 Global Traction Equipment Sales, Revenue and Market Share by Regions 5.1.1 Global Traction Equipment Sales by Regions (2015-2020) 5.1.2 Global Traction Equipment Revenue by Regions (2015-2020) 5.2 North America Traction Equipment Sales and Growth Rate (2015-2020) 5.3 Europe Traction Equipment Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Traction Equipment Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Traction Equipment Sales and Growth Rate (2015-2020) 5.6 South America Traction Equipment Sales and Growth Rate (2015-2020) 6 North America Traction Equipment Market Analysis by Countries 6.1 North America Traction Equipment Sales, Revenue and Market Share by Countries 6.1.1 North America Traction Equipment Sales by Countries (2015-2020) 6.1.2 North America Traction Equipment Revenue by Countries (2015-2020) 6.1.3 North America Traction Equipment Market Under COVID-19 6.2 United States Traction Equipment Sales and Growth Rate (2015-2020) 6.2.1 United States Traction Equipment Market Under COVID-19 6.3 Canada Traction Equipment Sales and Growth Rate (2015-2020) 6.4 Mexico Traction Equipment Sales and Growth Rate (2015-2020) 7 Europe Traction Equipment Market Analysis by Countries 7.1 Europe Traction Equipment Sales, Revenue and Market Share by Countries 7.1.1 Europe Traction Equipment Sales by Countries (2015-2020) 7.1.2 Europe Traction Equipment Revenue by Countries (2015-2020) 7.1.3 Europe Traction Equipment Market Under COVID-19 7.2 Germany Traction Equipment Sales and Growth Rate (2015-2020) 7.2.1 Germany Traction Equipment Market Under COVID-19 7.3 UK Traction Equipment Sales and Growth Rate (2015-2020) 7.3.1 UK Traction Equipment Market Under COVID-19 7.4 France Traction Equipment Sales and Growth Rate (2015-2020) 7.4.1 France Traction Equipment Market Under COVID-19 7.5 Italy Traction Equipment Sales and Growth Rate (2015-2020) 7.5.1 Italy Traction Equipment Market Under COVID-19 7.6 Spain Traction Equipment Sales and Growth Rate (2015-2020) 7.6.1 Spain Traction Equipment Market Under COVID-19 7.7 Russia Traction Equipment Sales and Growth Rate (2015-2020) 7.7.1 Russia Traction Equipment Market Under COVID-19 8 Asia-Pacific Traction Equipment Market Analysis by Countries 8.1 Asia-Pacific Traction Equipment Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Traction Equipment Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Traction Equipment Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Traction Equipment Market Under COVID-19 8.2 China Traction Equipment Sales and Growth Rate (2015-2020) 8.2.1 China Traction Equipment Market Under COVID-19 8.3 Japan Traction Equipment Sales and Growth Rate (2015-2020) 8.3.1 Japan Traction Equipment Market Under COVID-19 8.4 South Korea Traction Equipment Sales and Growth Rate (2015-2020) 8.4.1 South Korea Traction Equipment Market Under COVID-19 8.5 Australia Traction Equipment Sales and Growth Rate (2015-2020) 8.6 India Traction Equipment Sales and Growth Rate (2015-2020) 8.6.1 India Traction Equipment Market Under COVID-19 8.7 Southeast Asia Traction Equipment Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Traction Equipment Market Under COVID-19 9 Middle East and Africa Traction Equipment Market Analysis by Countries 9.1 Middle East and Africa Traction Equipment Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Traction Equipment Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Traction Equipment Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Traction Equipment Market Under COVID-19 9.2 Saudi Arabia Traction Equipment Sales and Growth Rate (2015-2020) 9.3 UAE Traction Equipment Sales and Growth Rate (2015-2020) 9.4 Egypt Traction Equipment Sales and Growth Rate (2015-2020) 9.5 Nigeria Traction Equipment Sales and Growth Rate (2015-2020) 9.6 South Africa Traction Equipment Sales and Growth Rate (2015-2020) 10 South America Traction Equipment Market Analysis by Countries 10.1 South America Traction Equipment Sales, Revenue and Market Share by Countries 10.1.1 South America Traction Equipment Sales by Countries (2015-2020) 10.1.2 South America Traction Equipment Revenue by Countries (2015-2020) 10.1.3 South America Traction Equipment Market Under COVID-19 10.2 Brazil Traction Equipment Sales and Growth Rate (2015-2020) 10.2.1 Brazil Traction Equipment Market Under COVID-19 10.3 Argentina Traction Equipment Sales and Growth Rate (2015-2020) 10.4 Columbia Traction Equipment Sales and Growth Rate (2015-2020) 10.5 Chile Traction Equipment Sales and Growth Rate (2015-2020) 11 Global Traction Equipment Market Segment by Types 11.1 Global Traction Equipment Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Traction Equipment Sales and Market Share by Types (2015-2020) 11.1.2 Global Traction Equipment Revenue and Market Share by Types (2015-2020) 11.2 Inverters Sales and Price (2015-2020) 11.3 Traction Transformers Sales and Price (2015-2020) 11.4 Traction Converters Sales and Price (2015-2020) 11.5 Traction Motors and Generators Sales and Price (2015-2020) 11.6 Cable Protections(PMA) Sales and Price (2015-2020) 12 Global Traction Equipment Market Segment by Applications 12.1 Global Traction Equipment Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Traction Equipment Sales and Market Share by Applications (2015-2020) 12.1.2 Global Traction Equipment Revenue and Market Share by Applications (2015-2020) 12.2 Rail Sales, Revenue and Growth Rate (2015-2020) 12.3 Marine Sales, Revenue and Growth Rate (2015-2020) 12.4 Industrial Equipments Sales, Revenue and Growth Rate (2015-2020) 12.5 Electrical Vehicles Sales, Revenue and Growth Rate (2015-2020) 12.6 Aerospace Sales, Revenue and Growth Rate (2015-2020) 12.7 Military Sales, Revenue and Growth Rate (2015-2020) 13 Traction Equipment Market Forecast by Regions (2020-2026) 13.1 Global Traction Equipment Sales, Revenue and Growth Rate (2020-2026) 13.2 Traction Equipment Market Forecast by Regions (2020-2026) 13.2.1 North America Traction Equipment Market Forecast (2020-2026) 13.2.2 Europe Traction Equipment Market Forecast (2020-2026) 13.2.3 Asia-Pacific Traction Equipment Market Forecast (2020-2026) 13.2.4 Middle East and Africa Traction Equipment Market Forecast (2020-2026) 13.2.5 South America Traction Equipment Market Forecast (2020-2026) 13.3 Traction Equipment Market Forecast by Types (2020-2026) 13.4 Traction Equipment Market Forecast by Applications (2020-2026) 13.5 Traction Equipment Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data SourceInquiry For Buying
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