The Latin America, Middle East and Africa Traction Transformer Market would witness market growth of 7.7% CAGR during the forecast period (2022-2028).
For locomotives, it is preferable to use traction transformers which are compact, lightweight, and very reliable. To create solutions that can withstand challenges, traction transformer manufacturers are boosting their R&D efforts. Locomotives' traction transformers are being designed to power large freight loads across long distances and on rails with numerous challenges, such as steep profiles, high wear, and tiny curve radii, among others.
Despite the difficulties experienced by passenger train suppliers, high-level technical competence is being offered by market participants in traction transformers, allowing them to produce traction transformer technology. There is a need for specialized, cutting-edge railway transformers. Worldwide energy technology businesses are working harder to meet the growing demand for railway transformers that are as reliable, cost-effective, and safe as possible.
For rail operators and train makers, producers in the traction transformer market are developing single-phase and multi-phase devices. By implementing a sophisticated system for worldwide logistics and adhering to legally mandated quality standards, businesses are retaining their track record. In the coming years, the market will be driven by the increased implementation of rail drive applications in both conventional and next-generation locomotives, including electric and diesel locomotives, in order to support the growing number of travel routes.
This region is experiencing rapid growth in rail network connectivity. Like, in Egypt, the Red Sea and the Mediterranean are planned to be connected by a new high-speed train, according to Egypt's transport ministry in 2018. More than ten foreign companies would be involved in this extension. Egyptian Transport Ministry also indicated in 2020 the intention to develop an extension from Marsa Matruh to Sallum through El Negaila on the Libyan border, and from there to Benghazi in Libya.
The Brazil market dominated the LAMEA Traction Transformer Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $15.6 million by 2028. The Argentina market is experiencing a CAGR of 8.3% during (2022 - 2028). Additionally, The UAE market would display a CAGR of 7.4% during (2022 - 2028).
Based on Mounting Position, the market is segmented into Machine Room, Under the Floor, and Over the Roof. Based on Voltage Network, the market is segmented into Alternative Current (AC) Systems and Direct Current (DC) Systems. Based on Rolling Stock, the market is segmented into Electric Locomotives, Metros, High-speed Trains, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Traction Transformer Market is Predict to reach $901.6 Million by 2028, at a CAGR of 5.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Siemens AG, JST Transformateurs, EMCO Limited, Hind Rectifiers Limited, International Electric Co, Ltd, Mitsubishi Electric Corporation, Schneider Electric SE and Wilson Transformer Company Pty Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Mounting Position
- Machine Room
- Under the Floor
- Over the Roof
By Voltage Network
- Alternative Current (AC) Systems
- Direct Current (DC) Systems
By Rolling Stock
- Electric Locomotives
- Metros
- High-speed Trains
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Siemens AG
- JST Transformateurs
- EMCO Limited
- Hind Rectifiers Limited
- International Electric Co, Ltd
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Wilson Transformer Company Pty Ltd
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Traction Transformer Market, by Mounting Position
1.4.2 LAMEA Traction Transformer Market, by Voltage Network
1.4.3 LAMEA Traction Transformer Market, by Rolling Stock
1.4.4 LAMEA Traction Transformer Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Strategies Deployed in Traction Transformer Market
Chapter 4. LAMEA Traction Transformer Market by Mounting Position
4.1 LAMEA Machine Room Market by Country
4.2 LAMEA Under the Floor Market by Country
4.3 LAMEA Over the Roof Market by Country
Chapter 5. LAMEA Traction Transformer Market by Voltage Network
5.1 LAMEA Alternative Current (AC) Systems Market by Country
5.2 LAMEA Direct Current (DC) Systems Market by Country
Chapter 6. LAMEA Traction Transformer Market by Rolling Stock
6.1 LAMEA Electric Locomotives Market by Country
6.2 LAMEA Metros Market by Country
6.3 LAMEA High-speed Trains Market by Country
6.4 LAMEA Others Market by Country
Chapter 7. LAMEA Traction Transformer Market by Country
7.1 Brazil Traction Transformer Market
7.1.1 Brazil Traction Transformer Market by Mounting Position
7.1.2 Brazil Traction Transformer Market by Voltage Network
7.1.3 Brazil Traction Transformer Market by Rolling Stock
7.2 Argentina Traction Transformer Market
7.2.1 Argentina Traction Transformer Market by Mounting Position
7.2.2 Argentina Traction Transformer Market by Voltage Network
7.2.3 Argentina Traction Transformer Market by Rolling Stock
7.3 UAE Traction Transformer Market
7.3.1 UAE Traction Transformer Market by Mounting Position
7.3.2 UAE Traction Transformer Market by Voltage Network
7.3.3 UAE Traction Transformer Market by Rolling Stock
7.4 Saudi Arabia Traction Transformer Market
7.4.1 Saudi Arabia Traction Transformer Market by Mounting Position
7.4.2 Saudi Arabia Traction Transformer Market by Voltage Network
7.4.3 Saudi Arabia Traction Transformer Market by Rolling Stock
7.5 South Africa Traction Transformer Market
7.5.1 South Africa Traction Transformer Market by Mounting Position
7.5.2 South Africa Traction Transformer Market by Voltage Network
7.5.3 South Africa Traction Transformer Market by Rolling Stock
7.6 Nigeria Traction Transformer Market
7.6.1 Nigeria Traction Transformer Market by Mounting Position
7.6.2 Nigeria Traction Transformer Market by Voltage Network
7.6.3 Nigeria Traction Transformer Market by Rolling Stock
7.7 Rest of LAMEA Traction Transformer Market
7.7.1 Rest of LAMEA Traction Transformer Market by Mounting Position
7.7.2 Rest of LAMEA Traction Transformer Market by Voltage Network
7.7.3 Rest of LAMEA Traction Transformer Market by Rolling Stock
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Partnerships, Collaborations, and Agreements:
8.1.5.2 Product Launches and Product Expansions:
8.2 Siemens AG
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Product Launches and Product Expansions:
8.2.5.3 Acquisition and Mergers:
8.2.6 SWOT Analysis
8.3 Schneider Electric SE
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.6 SWOT Analysis
8.4 Mitsubishi Electric Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.5 Hind Rectifiers Limited
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Research & Development Expenses
8.6 JST Transformateurs
8.6.1 Company Overview
8.7 EMCO Limited
8.7.1 Company Overview
8.8 International Electric Co., Ltd.
8.8.1 Company Overview
8.9 Wilson Transformer Company Pty Ltd
8.9.1 Company Overview
TABLE 1 LAMEA Traction Transformer Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Traction Transformer Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 4 LAMEA Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 5 LAMEA Machine Room Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Machine Room Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Under the Floor Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Under the Floor Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Over the Roof Market by Country, 2018 - 2021, USD Million
TABLE 10 LAMEA Over the Roof Market by Country, 2022 - 2028, USD Million
TABLE 11 LAMEA Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 12 LAMEA Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 13 LAMEA Alternative Current (AC) Systems Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Alternative Current (AC) Systems Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Direct Current (DC) Systems Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Direct Current (DC) Systems Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 18 LAMEA Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 19 LAMEA Electric Locomotives Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Electric Locomotives Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Metros Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Metros Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA High-speed Trains Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA High-speed Trains Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Traction Transformer Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Traction Transformer Market by Country, 2022 - 2028, USD Million
TABLE 29 Brazil Traction Transformer Market, 2018 - 2021, USD Million
TABLE 30 Brazil Traction Transformer Market, 2022 - 2028, USD Million
TABLE 31 Brazil Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 32 Brazil Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 33 Brazil Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 34 Brazil Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 35 Brazil Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 36 Brazil Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 37 Argentina Traction Transformer Market, 2018 - 2021, USD Million
TABLE 38 Argentina Traction Transformer Market, 2022 - 2028, USD Million
TABLE 39 Argentina Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 40 Argentina Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 41 Argentina Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 42 Argentina Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 43 Argentina Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 44 Argentina Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 45 UAE Traction Transformer Market, 2018 - 2021, USD Million
TABLE 46 UAE Traction Transformer Market, 2022 - 2028, USD Million
TABLE 47 UAE Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 48 UAE Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 49 UAE Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 50 UAE Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 51 UAE Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 52 UAE Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 53 Saudi Arabia Traction Transformer Market, 2018 - 2021, USD Million
TABLE 54 Saudi Arabia Traction Transformer Market, 2022 - 2028, USD Million
TABLE 55 Saudi Arabia Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 56 Saudi Arabia Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 57 Saudi Arabia Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 58 Saudi Arabia Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 59 Saudi Arabia Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 60 Saudi Arabia Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 61 South Africa Traction Transformer Market, 2018 - 2021, USD Million
TABLE 62 South Africa Traction Transformer Market, 2022 - 2028, USD Million
TABLE 63 South Africa Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 64 South Africa Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 65 South Africa Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 66 South Africa Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 67 South Africa Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 68 South Africa Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 69 Nigeria Traction Transformer Market, 2018 - 2021, USD Million
TABLE 70 Nigeria Traction Transformer Market, 2022 - 2028, USD Million
TABLE 71 Nigeria Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 72 Nigeria Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 73 Nigeria Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 74 Nigeria Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 75 Nigeria Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 76 Nigeria Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 77 Rest of LAMEA Traction Transformer Market, 2018 - 2021, USD Million
TABLE 78 Rest of LAMEA Traction Transformer Market, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Traction Transformer Market by Mounting Position, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Traction Transformer Market by Mounting Position, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Traction Transformer Market by Voltage Network, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Traction Transformer Market by Voltage Network, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Traction Transformer Market by Rolling Stock, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Traction Transformer Market by Rolling Stock, 2022 - 2028, USD Million
TABLE 85 Key Information – ABB Group
TABLE 86 Key Information – Siemens AG
TABLE 87 Key information – Schneider Electric SE
TABLE 88 key information – Mitsubishi Electric Corporation
TABLE 89 Key Information – Hind Rectifiers Limited
TABLE 90 Key Information – JST Transformateurs
TABLE 91 Key Information – EMCO Limited
TABLE 92 Key Information – International Electric Co., Ltd.
TABLE 93 Key Information – Wilson Transformer Company Pty Ltd
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: ABB Group
FIG 3 SWOT Analysis: ABB Group
FIG 4 Recent strategies and developments: Siemens AG
FIG 5 Swot analysis: Siemens AG
FIG 6 Swot analysis: Schneider Electric SE