Electric Traction Systems Market

Electric Traction Systems Market: Electric Traction Motors’ Segment to Register Moderate Growth but Retain Dominant

Global Electric Traction Systems Market: Snapshot The global demand for electric traction systems has witnessed a steady rise in the past few years. Factors such as modernization of passenger railcars and growing urbanization, coupled with increase in electric locomotives, have primarily been the key driving forces for the market in the past few years. Furthermore, rise in induction of air-conditioned coaches has greatly increased the demand for electric traction systems,

Electric Traction Systems Market: North America and Asia Pacific have been witnessing higher adoption of diesel-electric engines and electric engines

Global Electric Traction Systems Market: Overview Electric traction systems are most commonly seen in propulsion of railway vehicles. In general, diesel, steam and electric based traction systems are covered under traction systems. Under the scope of this report, electric traction systems are covered. Urbanization coupled with technological developments are the major drivers of the electric traction systems market globally. Among the different types of rolling stocks, electric traction systems are

Electric Traction Systems Market: Historical, Current, And Projected Size Of The Market From The Standpoint Of Both Value And Volume

Global Electric Traction Systems Market: Snapshot The global demand for electric traction systems has witnessed a steady rise in the past few years. Factors such as modernization of passenger railcars and growing urbanization, coupled with increase in electric locomotives, have primarily been the key driving forces for the market in the past few years. Furthermore, rise in induction of air-conditioned coaches has greatly increased the demand for electric traction systems,

Electric Traction Systems

The global electric traction systems market is highly fragmented. The five leading companies held around 9.5% share in the overall market in 2016. The market seems to be highly competitive, owing to which the firms are working to develop distinct offerings keeping mind the pricing of the components and advancement of electric traction systems. Moreover, the key players are also working on launching customized products, along with long term maintenance facilities in