8/16/2021 Railway Traction Motor Market Key Players, Size, Trends, Opportunities and growth Analysis – Facts and

nalysis – Facts and Trends

Railway Traction Motor Market Key Players, Size,

Trends, Opportunities and growth Analysis
AUGUST 16, 2021 BY SURENDRA CHOUDHARY  ♥

The global railway traction motor market is envisaged to advance at a varied pace across different
geographical regions, especially Europe. The North America market is anticipated to remain highly
consolidated with the presence of a number of local and global vendors. The international market is
predicted to live through certain transformations in the industry directed toward the improvement
of railway systems on the back of intensified research and development activities. The market is
foreseen to be influenced by the demand for comfort by consumers, prominence of the need to
improve performance, observance of regulatory standards, and slimming down of expenditures.

The report on the global railway traction motor market elucidates the key segmentations on the
basis of the type of technology, various applications, and geographical outreach. The top regions of
the international market are envisaged to ride on the shift towards the electrification of railways. On
a worldwide platform, the market is expected to flourish with the availability of high speed range
for railway car drivers.

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Report buyers are offered a deep peep into the critical factors of the global railway traction motor
market which have taken the lead to ensure a significant growth. Epoch-making elements such as
market structure, growth factors, limitations, and future projections are extensively studied in the
report. Moreover, interested parties can have a broad overview of the leading companies in the
market, including the macro and micro constituents that are important for their advancement and
also of the new entrants.

Global Railway Traction Motor Market: Drivers and Constraints

Since its momentous development in the 20th century with the introduction of the electrification of
railways, the global railway traction motor market has exhibited a promising rise. The changing
vehicular emission limitations enforced across a diverse range of transportation systems and
advancement in railway technologies have assured a substantial growth in the market.

Freight trains running at high power mode and a low speed are frequently faced with harmonic
distortions, power distortions, flickers, and various other power disturbances due to the shortage of
power.

However, with the usage of traction motors, railway systems can be pampered with a higher
efficiency range and smooth starts with no shocks, not to forget the ability to achieve the desired
speed control. Moreover, railway engines can be protected from the risk of overload and
breakdowns with the installation of traction motors. Beside this, traction motors can help to ensure a
persistent output of diesel engines through automatic adjustment to the altering load and gradient.

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Global Railway Traction Motor Market: Geography

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8/16/2021 Railway Traction Motor Market Key Players, Size, Trends, Opportunities and growth Analysis – Facts and Trends

Europe is prophesied to sit on a major share of the global railway traction motor market as the
region makes colossal investments to further advance its railway technologies. The region soon to
follow the leading geographical segment is Asia Pacific, which will take advantage of the increasing
demand for speed railways. North America is expected to count on the enhancement of railway
infrastructures in the U.S. for its market growth. Other important regions studied in the report are
Latin America and the Middle East and Africa.

Global Railway Traction Motor Market: Competitive Overview

The report has studied some of the influential players in the global railway traction motor market,
which are Bombardier Inc., Aisin Seiki Co. Ltd., Saini Heavy Electrical & Engineering Co Private
Ltd., Mitsubishi Electric Corporation, ALSTOM, Hyundai Rotem Company, Sulzer Ltd., Bharat
Heavy Electricals Ltd., VEM Sachsenwerk GmbH, Zytek Automotive Ltd., and ABB Group. The
report aids railway traction motor businesses to stay ahead of their competitors by providing a
pinpoint analysis of the altering competition dynamics.

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