Lewes, DE -- (SBWIRE) -- 05/07/2015 -- Report forecast the traction transformer market in APAC to grow at a CAGR of 8.08 percent 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 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:
- On-board
- Undercarriage
- Rooftop

The traction systems can be broadly segmented into:
- AC systems
- DC systems

Typical system setups are:
- 25 kV AC 50 Hz
- 15 kV AC 16 2/3 Hz
- 3 kV DC
- 1.5 kV DC
- 1.2 kV DC

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.

This report covers the present scenario and the growth prospects of the traction transformer market in APAC during the period 2015–2019. For ascertaining the market size and vendor share, the report considers the revenue obtained from the sales of traction transformers.

According to the report, in the US, developing countries, such as India and China, are increasing their investment in the rail sector. India is investing in electric rail because of increasing congestion in road transport in cities such as Mumbai, Bangalore, and Delhi. Diesel locomotives are widely used in India because their costs have been subsidized recently and the unit charge of electricity is high. However, this trend has changed since the Indian Electricity Act of 2001. Railways have started adopting more electric trains in the country, which is expected to increase the demand for traction transformers in the APAC.

Traction Transformer Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the traction transformer market landscape in APAC and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key players in Traction Transformer Market in the APAC 2015-2019: ABB, Alstom and Siemens

Other Prominent Vendors in the market are: AnsaldoBreda, BHEL, Crompton Greaves, Electren, Hitachi Plant Technologies, Hyundai Rotem, JST Transformateurs, Koncar, Mitsubishi Electric, Schneider Electric, Setrans Holding and Skoda Holding

Market driver
- Extensive railway network in APAC
- For a full, detailed list, view our report

Market challenge
- Threat from local vendors
- For a full, detailed list, view our report

Market trend
- Technological advancements
- For a full, detailed list, view our report

Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 67 pages, "Traction Transformer Market in APAC 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Product, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/traction-transformer-market-apac-2015-2019

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