SE 1408 | 2013
GLOBAL TRACTION TRANSFORMER MARKET, By Type (Tap Changing, Tapped & Rectifier), Rolling Stock (Locomotive, High Speed, Emus & Trams), Voltage Network (AC & DC) & Geography (2013 - 2018)
Report Description
Executive Summary Table of Contents List of Tables Sample Tables Related Reports About Markets and Markets
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Report Description Key Take-aways •
Global Traction Transformer market statistics with detailed classifications and splits by revenue and volume
•
Illustrative and detailed segmentation of the global Traction Transformer market by end-user verticals and applications
•
The report covers the expected penetration rate of traction transformer in each application, type, and geography, which gives an in-depth insight of the extent to which the particular application will be successful
•
Illustrative segmentation, analysis, and forecast of the major geographical markets to give an overall view of the Traction Transformer market
•
•
The key trends related to the product technology, prices, and the applications that shape and influence the Traction Transformer market are mentioned in the report.
The future of each type of Traction Transformer market & industry from both - technical and market-oriented perspectives with techno-market oriented roadmaps till 2018
•
•
Analysis of the global Traction Transformer market with special focus on high growth application in each vertical and fast growing application market segments
•
Impact analysis of the market dynamics with factors currently driving and restraining the growth of the market, along with their impact in the short, medium, and long term landscapes
Detailed competitive landscape with identification of the key players with respect to each type of Traction Transformer market, in-depth market share analysis with individual revenue, market shares, and market share rankings
•
Competitive intelligence from the company profiles, key player strategies, game-changing developments such as product launches and acquisitions
•
Complete value chain, allied industry segments & value chain analysis of the global Traction Transformer industry and their impacts on the market
Report Overview This report segments the global traction transformer market on the basis of transformer type, by train type, by applications, by voltage ranges and by geographies. The geography split includes four major regions; namely The Americas, Europe, APAC, and ROW. The sections and the sub-segments in the report would contain drivers, restraints, opportunities, current market trends, and the technology expected to revolutionize the
traction transformer domain. This report also gives a compilation of the major mergers, acquisitions, new product launches, partnerships, etc. The report also profiles the major companies in this market.
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Report Description Markets Covered and Segmentation The global Traction Transformer market is segmented into: •
Type: Tap-Changing, Tapped, and Rectifier Transformers
•
Rolling Stock: High-speed trains, Electric Locomotives, Electric Multiple Units (EMUs), and Trams.
•
Voltage Network: AC and DC.
•
Geographies: Americas, Europe, Asia-Pacific (APAC), and Rest of the World (ROW)
Segmentation of Traction Transformer Market
Global Traction Transformer Market
By Type Tap changing transformers for low voltage control Tapped transformers for high voltage control Rectifier transformers for pulse control convertors
Applications by Rolling Stock
By Voltage Network
By Geography
Locomotive
DC
The Americas
High Speed
AC
Europe
Electrical Multiple Units (EMUs)
APAC
Trams
ROW
In this report, the global traction transformer market has been segmented by type (Tap-Changing, Tapped and Rectifier), by rolling stock (High-speed trains, Locomotives, EMUs and
Trams), by voltage network (AC and DC), and by geography (The Americas, Europe, APAC and ROW).
Stakeholders •
Traction Transformer manufacturers
•
Special transformer manufacturers
•
Traction components manufacturers
•
Distributors and traders
•
Rolling stock manufacturers
•
Research organizations
•
Rail transport operators
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Report Description Research Methodology The research study involves the usage of extensive secondary sources; directories, and databases such as IEEE, WSTS, Hoovers, Bloomberg, Business-week, Factiva, and oneSource, and so on to identify and collect information useful for this extensive technical, market-oriented, and commercial study of this global market. The primary sources are mainly several industry experts from core and related industries and preferred suppliers, manufacturers, distributors, administrators, solution providers, technology developers, alliances, standards & certification organizations from companies, organizations related to all the segments of this industry’s value chain. All the
primary sources were interviewed to obtain and verify critical qualitative & quantitative information as well as assess the future prospects. The market value is estimated from the applications’ side. Using the demand side market, supply side requirements were calculated. Two different methods were adopted for estimation of numbers for the applications market. The market data for commercialized segment was calculated using primary and secondary data. Therefore, it is calculated using the existing data from secondary and primary sources.
Top-down & Bottom-up Approach Adopted
Derived Total Available Market
Segregated Traction Transformer Market by Rolling Stock
Overall Market
Segregated Traction Transformer Market by Type
Evaluated the Major Players & their Sales Turn Over Share of Company’s Revenue in the Overall Market
Evaluated Significant Voltage Networks
Calculated the ASPs of Traction Transformers by Rolling Stock
Geography
Evaluated the Total Market of Traction Transformer based Rolling Stock
Both – “top-down” and “bottom-up” procedures were used and data triangulation procedure was implemented for market crackdown with respect to the traction transformer market. The bottom-up procedure was implemented in arriving at the overall traction transformer market by adding up the figures productwise. Total market size was validated through revenue and revenue shares of those companies in the traction transformer
market. This overall traction transformer market size (revenue) was used in the top-down procedure to arrive at the market sizes of all individual sub-markets. This was validated with the original market size of the sub-segment markets.
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Report Description Research Methodology Method 1 Primary Research
Secondary Research Method 2
Secondary
Market Volume Data
Research
Validation
Market Value Data
Primary Research
Average Selling Price
Primary
Secondary
Research
Research
As shown in the figure above, the data for existing applications is calculated using the combination of shipment and average selling price; called as method 1. Another method of directly
calculating the market value from data sources is also used; this is termed as method 2. Thus, if the data obtained from both the methods match, validation is done.
Key Data Points From Secondary Sources • •
Data for extensive and exhaustive segmentation and classification of the global traction transformer market Revenue of the companies from annual reports and database portals such as Manta,
•
Data for market revenue and volume
•
Key industry trends of the top players of the traction transformer market
•
Qualitative insights into various aspects of the market, key trends, emerging areas
•
Factiva, and Dun & Bradstreet
•
Market growth rates and potential applications from technical papers and published research reports
•
Quantitative data for mathematical and statistical calculations
•
The major players in the market along with their recent activities to help the market grow
•
Company statistics (quantitative) and developments (qualitative) for company profiles
•
Validation and triangulation of all the numbers and graphs
•
Segmentation breakups, split-ups, and percentage shares
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Report Description Key Data Points from Primary Sources •
Validation of various data points determined from secondary research and analysis. Data points such as commercialization year, penetration rate, and expected shipments
•
Validation of numbers of the various product and enduser application markets
•
Pricing estimation and validation of the pricing and forecasting model
•
Market shares of key industry players in the market
•
Percentage split of individual markets for geographical analysis of the traction transformer market
•
Market dynamics: drivers and restraints of the overall market
•
Future prospects for the traction transformer market
•
Average selling prices of traction transformer for various technologies and applications
•
Forecasting for various market segments of the overall markets and validation of the forecasted data
•
Current and proposed production volumes of particular categories by market players
•
Technological landscape, competition between technologies, industry preferences, market dynamics.
Assumptions Made for This Report All the general assumptions, terminologies & application key notes for market statistics & calculations, year-wise
Parameter
Currency value
Exchange rates and currency Conversion
assumptions, forecast assumptions, and related important aspects for this research study are mentioned below.
Assumption All the forecasts are done with the revenue and volume calculated under the standard assumption that the globally accepted currency - the U.S. Dollar's value remains constant over the next five years.
For conversion of various currencies to USD, average historical exchange rates were used according to the year specified. For all historical and current exchange rates required for calculations & currency conversions.
Average Selling Prices (ASP)
The ASPs (average selling prices), wherever applied, are calculated using all kinds of suitable statistical and mathematical methods and considering external qualitative factors affecting the prices. All the calculations interconnected between the tables are done considering the finalized ASPs.
Niche market segments
For conversion of various currencies to USD, average historical exchange rates were used according to the year specified. For all historical and current exchange rates required for calculations & currency conversions.
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Report Description Parameter
Qualitative analysis
Mutually Exclusive and Exhaustive classification
Difference in High-Speed trains and Electric Multiple Units (EMUs)
Assumption The qualitative analysis done from the quantitative data arrived at is solely based on the understanding of the market and its trends by the team of experts involved in making this report.
All the market segments and sub-market segments listed in this report through various forms of classification are considered to be mutually exclusive of each other, with no overlap among them. Also, for each type of classification, all sub-market segments listed under a market are exhaustive in nature, i.e. they cover the whole market. In cases where the other fields may be present, where the listed market segments do not cover the entire market, a category called “others” is mentioned in the split-up of market statistics in the market data tables. Throughout the report, in any classification, non-inclusion of “others” field in market tables directly implies that listed market segments fully cover the respective parent market.
In this report, any kind of rolling stock that has the capability of travelling at or over 200 Km/hr has been considered a high speed train. This may include a percentage of high speed trains that are technically EMUs. All other trains which are electric powered and have multiple unit traction systems have been considered under EMUs.
List of Companies Covered During Study •
ABB (Switzerland)
•
JST Transformateurs (France)
•
Alstom SA (France)
•
•
Altrafo Transformatori (Italy)
Koncar-Distributivni I Specijalni Transformatori dd (Croatia)
•
AnsaldoBreda (Italy)
•
Mitsubishi electric corporation (Japan)
•
Brush Traction Ltd (U.K.)
•
Preis & Co. Gesellschaft M.B.H. (Austria)
•
CG Global (Crompton Greaves) (India)
•
Schneider Electric SA (France)
•
China Transpowers Electric Co. Ltd. (China)
•
Setrans Holding AS (France)
•
CSR Corporation (China)
•
Siemens Energy (Germany)
•
EMCO (India)
•
Škoda Works (Czech Republic)
•
Hitachi (Japan)
•
Hyundai Rotem (Japan)
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Executive Summary Electric traction is a propulsion system mainly used in rail transport systems that use electricity to power trains and the other rolling stock. The traction transformer is an integral part of the electric traction system. In this report, any transformer that is on-board the rolling stock is considered as a traction transformer.
The significant demand for rail infrastructure and electrification of railway track will boost the traction transformer market. Europe is perceived to be the dominating market in rail infrastructure, followed by APAC. North America once had a flourishing intercity rail and urban transit network but the government shifted its infrastructure spending decisively to highways and airports. In North America, only xx% of the xx kilometers of track is currently (2012) electrified, which shows a huge potential for growth of rail infrastructure therein.
The traction transformer is divided into three major segments based on type; namely tap changing, tapped, and rectifier. Tapped transformers contribute the maximum revenue (xx% in 2013) to the traction transformer market as they are being used in locomotives and high speed trains due to their higher power rating. Tap-changing traction transformers are mainly used in EMUs and rectifier traction transformers are used for the propulsion of trams and trolley cars and the other urban transit systems.
Europe has the best public transport system in the world, rail transport being an important part of it. Western Europe has, xx Km rail network while Eastern Europe has xx Km rail network. xx% of Western Europe’s rail network is electrified while xx% of Eastern Europe’s rail network is electrified. On the other hand, APAC has the highest growth potential wherein countries like Japan, China, South Korea, and India are the major contributors towards traction transformer market.
The traction transformers are being manufactured as per the demands of trains and rolling stock, such as Locomotives, High speed, Electrical Multiple Units (EMUs), and Trams. Locomotives form a major chunk of the railway transportation system all over the world. The price of traction transformer also varies as per the trains and rolling stock. The price of traction transformer for high speed train and locomotive is much higher than that of EMUs and trams and thus, together they make up almost xx% of the total traction transformer market in 2013.
The major players in the traction transformer market include ABB (Switzerland), Siemens AG (Germany), Alstom SA (France), and so on. ABB is the market leader with over xx% of market share.
Global Traction Transformer Market Revenue, By Types, 2012 – 2018 ($Million) 2012
2013
2014
2015
2016
2017
Tap Changing
xx
xx
xx
xx
xx
xx
xx
xx
Tapped
xx
xx
xx
xx
xx
xx
xx
xx
Rectifier
xx
xx
xx
xx
xx
xx
xx
xx
Total
xx
xx
xx
xx
xx
xx
xx
xx
Type
The global traction transformer market is expected to grow from $xx million in 2013 to $xx million at a CAGR of xx% from 2013 to 2018. By type, tapped transformers contribute for the maximum revenue of the traction transformer market with revenue expected to reach $xx million by 2018, which will account for xx% of total traction transformer market in 2018. This is mainly
2018
CAGR% (2013-2018)
because locomotives and high speed trains use tapped transformers due the higher power rating required. The Average Selling Price (ASP) of tapped transformers is also higher than that of tap changing and rectifier transformers.
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Executive Summary Global Traction Transformer Market Volume, By Types,2012 – 2018 (Units) 2012
2013
2014
2015
2016
2017
Tap Changing
xx
xx
xx
xx
xx
xx
xx
xx
Tapped
xx
xx
xx
xx
xx
xx
xx
xx
Rectifier
xx
xx
xx
xx
xx
xx
xx
xx
Total
xx
xx
xx
xx
xx
xx
xx
xx
Type
The global market for traction transformers is expected to grow from xx units in 2013 to xx units in 2018 at a CAGR of xx% from 2013 to 2018. Tapped transformers hold the biggest market share in this segmentation in terms of volume with unit
2018
CAGR% (2013-2018)
shipments expected to reach xx by 2018. Tap changing transformers, mainly used in EMUs, are expected to grow from xx units in 2013 to xx units in 2018 at a CAGR of xx%.
Global Traction Transformer Market Revenue, By Rolling Stock, 2012 – 2018 ($Million) 2012
2013
2014
2015
2016
2017
High speed trains
xx
xx
xx
xx
xx
xx
xx
xx
Electric Locomotive
xx
xx
xx
xx
xx
xx
xx
xx
EMU
xx
xx
xx
xx
xx
xx
xx
xx
Trams
xx
xx
xx
xx
xx
xx
xx
xx
Total
xx
xx
xx
xx
xx
xx
xx
xx
Rolling Stock
The global traction transformer market has been segmented by rolling stock as high-speed trains, electric locomotives, Electric multiple units (EMUs), and trams. Revenue-wise, electric locomotives are the biggest contributors to the traction transformer market with revenue expected to grow from $xx million in 2013 to $xx million in 2018 at a CAGR of xx% from 2013 to 2018. This is mainly due to the high ASP of the transformers used in locomotives as a result of the higher
2018
CAGR% (2013-2018)
power rating required for locomotives. EMUs are the next biggest contributors to the market with revenue forecast to reach $xx million by 2018 at a CAGR of xx% from 2013 to 2018. The smaller CAGR of EMUs compared to high speed trains (xx%) and electric locomotives is mainly due to the fact that EMUs are a high volume low revenue market and the former one being a relatively much more mature market.
Global Traction Transformer Market Volume, By Rolling Stock, 2012 – 2018 (Units) 2012
2013
2014
2015
2016
2017
High speed trains
xx
xx
xx
xx
xx
xx
xx
xx
Electric Locomotive
xx
xx
xx
xx
xx
xx
xx
xx
EMU
xx
xx
xx
xx
xx
xx
xx
xx
Trams
xx
xx
xx
xx
xx
xx
xx
xx
Total
xx
xx
xx
xx
xx
xx
xx
xx
Rolling Stock
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2018
CAGR% (2013-2018)
Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Executive Summary Shipment-wise analysis of the global traction transformer market by rolling stock shows a different picture. EMUs are the biggest application market for traction transformers in terms of volumes with unit shipments forecast to reach xx by 2018 from
an expected xx in 2013 at a CAGR of xx% from 2013 to 2018. This is mainly because the ASPs of traction transformers for electric locomotives and high-speed trains are higher than those of EMUs.
Global Traction Transformer Market Revenue, By Voltage Network, 2012 – 2018 ($Million) 2012
2013
2014
2015
2016
2017
AC
xx
xx
xx
xx
xx
xx
xx
xx
DC
xx
xx
xx
xx
xx
xx
xx
xx
Total
xx
xx
xx
xx
xx
xx
xx
xx
Voltage Network
The global traction transformer market has been segmented by voltage range as AC and DC. The global AC traction transformer market revenue is expected to grow from $xx million in 2013 to $xx million in 2018 at a CAGR of xx% from
2018
CAGR% (2013-2018)
2013 to 2018. This is mainly because majority of high-speed trains, electric locomotives and EMUs use AC traction systems. DC market is expected to grow at a CAGR of xx% from 2013 to 2018.
Global Traction Transformer Market Volume, By Voltage Network, 2012 – 2018 (Units) Voltage Network
2012
2013
2014
2015
2016
2017
2018
CAGR% (2013-2018)
AC
5,520
xx
xx
xx
xx
xx
8,333
7.24
DC
153
xx
xx
xx
xx
xx
174
2.20
Total
5,673
xx
xx
xx
xx
xx
8,507
7.12
The shipment split supports the analysis made from the revenue split, with the AC traction transformer unit shipments growing from xx units in 2013 to xx units in 2018 at a CAGR of xx%. The ASPs of traction transformers used in AC traction
systems are higher than those used in DC traction systems. Thus, the DC traction transformer market is forecast to reach xx units in 2018 at a CAGR of xx% from 2013 to 2018.
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Executive Summary Global Traction Transformer Market Volume, By Geography, 2012 – 2018 (Units) 2012
2013
2014
2015
2016
2017
Americas
xx
xx
xx
xx
xx
xx
xx
xx
Europe
xx
xx
xx
xx
xx
xx
xx
xx
APAC
xx
xx
xx
xx
xx
xx
xx
xx
ROW
xx
xx
xx
xx
xx
xx
xx
xx
Total
xx
xx
xx
xx
xx
xx
xx
xx
Region
The revenue from global traction transformer market is expected to grow from $xx million in 2013 to $xx million in 2018 at a CAGR of xx% from 2013 to 2018. In terms of geography, the global market has been split into four major regions, namely The Americas, Europe, APAC, and ROW. Out of these four,
2018
CAGR% (2013-2018)
Europe and APAC have the most significant markets with revenue forecast to be $xx million and $xx million in 2018 at CAGRs of xx% and xx% from 2013 to 2018 respectively. The market for Americas is estimated to stand at $xx million in 2013.
Global Traction Transformer Market Volume, By Geography, 2012 – 2018 (Units) 2012
2013
2014
2015
2016
2017
Americas
xx
xx
xx
xx
xx
xx
xx
xx
Europe
xx
xx
xx
xx
xx
xx
xx
xx
APAC
xx
xx
xx
xx
xx
xx
xx
xx
ROW
xx
xx
xx
xx
xx
xx
xx
xx
Total
xx
xx
xx
xx
xx
xx
xx
xx
Region
In terms of unit shipments, the market of Europe is expected to grow from xx units in 2013 to xx units in 2018 at a CAGR of xx% from 2013 to 2018. APAC is the second biggest market with
2018
CAGR% (2013-2018)
revenue forecast to reach xx units in 2018 at a CAGR of xx%. The Americas are the fastest growing ones at a CAGR of xx% from 2013 to 2018.
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Table of Contents Chapter Headings .................................................................................................................Page No 1. Introduction
................................................................................................................................20
1.1
Key Take-aways...............................................................................................................................................19
1.2
Report Description..........................................................................................................................................20
1.3
Markets Covered and Segmentation .............................................................................................................20
1.4
Stakeholders....................................................................................................................................................21
1.5
Research Methodology...................................................................................................................................22 1.5.1
Key data points from secondary sources...................................................................................................25
1.5.2
Key data points from primary sources .......................................................................................................25
1.5.3
Assumptions made for this report ..............................................................................................................26
1.5.4
List of companies covered during study ....................................................................................................27
2.
Executive Summary......................................................................................................................29
3.
Market Overview............................................................................................................................37 3.1
Introduction .....................................................................................................................................................38
3.2
Market Definition .............................................................................................................................................38
3.3
Evolution and History of Traction Transformer............................................................................................38
3.4
Advantages and Disadvantages of Electric Traction...................................................................................40
3.5
Market Dynamics.............................................................................................................................................41
3.5.1
Drivers .....................................................................................................................................................41
3.5.1.1 Significant government funding ..........................................................................................................42 3.5.1.2 Liberalization of rail transport market..................................................................................................43 3.5.1.3 Environmental concerns .....................................................................................................................44 3.5.2
Restraints...................................................................................................................................................45
3.5.2.1 Social and political issues...................................................................................................................46 3.5.3
Opportunities .............................................................................................................................................46
3.5.3.1 Increasing need for electrification in rail transportation ......................................................................46 3.5.3.2 Global rail electrification......................................................................................................................49 3.5.4
Burning issue .............................................................................................................................................50
3.5.4.1 Cost of electrification ..........................................................................................................................50 3.5.5
Winning imperatives ..................................................................................................................................50 3.5.5.1 Power electronic traction transformers ........................................................................................50
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Table of Contents Chapter Headings .................................................................................................................Page No 3.6
Porter’s Five Forces Model ............................................................................................................................51
3.6.1
Bargaining power of suppliers ...................................................................................................................52
3.6.2
Bargaining power of customers .................................................................................................................52
3.6.3
Threat of new entrants...............................................................................................................................52
3.6.4
Threat of substitutes ..................................................................................................................................52
3.6.5
Degree of competition................................................................................................................................52
3.7
Market Penetration of Power Electronic Traction Transformer ..................................................................53
3.8
BCG Matrix for Traction Transformer............................................................................................................54
4. Traction Transformer Market, by Type............................................................................................57 4.1
Introduction
4.1.1
................................................................................................................................................58
Market overview & forecast .......................................................................................................................58
4.1.1.1 Tapped traction transformers contribute the biggest chunk of the total market revenue ....................58 4.1.1.2 Tap-changing traction transformer unit shipments to increase by around 50% from 2013 to 2018....59 4.2
Tap Changing Transformers for Low Voltage Control .................................................................................60
4.2.1 4.3
Tapped Transformers for High Voltage Control ...........................................................................................63
4.3.1 4.4
Market analysis & forecast.........................................................................................................................60
Market analysis & forecast.........................................................................................................................64
Rectifier Transformers for Pulse Control Convertors .................................................................................66
4.4.1
Market analysis & forecast........................................................................................................................67.
5. Traction Transformer Market, by Rolling Stock .............................................................................69 5.1
Introduction 5.1.1
................................................................................................................................................70
Market overview & forecast .......................................................................................................................71
5.1.1.1 Electric locomotives are the biggest application market for traction transformers..............................71 5.1.1.2 High speed train traction transformer unit shipments to double from 2013 to 2018 ...........................72 5.2
High-speed Trains ...........................................................................................................................................73 5.2.1
Market analysis & forecast.........................................................................................................................75
5.2.1.1 By type................................................................................................................................................75 5.2.1.2 By geography......................................................................................................................................76 5.3
Electric Locomotive ........................................................................................................................................78 5.3.1
Market analysis & forecast.........................................................................................................................79
5.3.1.1 By type................................................................................................................................................79
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Table of Contents Chapter Headings .................................................................................................................Page No 5.3.1.2 By geography......................................................................................................................................80 5.4
Electrical Multiple Units (EMUs) ....................................................................................................................82 5.4.1
Market analysis & forecast.........................................................................................................................83
5.4.1.1 By type................................................................................................................................................83 5.4.1.2 By geography......................................................................................................................................85 5.5
Trams 5.5.1
................................................................................................................................................86
Market analysis & forecast.........................................................................................................................87
5.5.1.1 By type................................................................................................................................................87 5.5.1.2 By geography......................................................................................................................................88
6. Traction Transformer Market, by Voltage Range ...........................................................................91 6.1
Introduction .....................................................................................................................................................92 6.1.1
Market overview & forecast .......................................................................................................................92
6.1.1.1 AC traction systems to continue to dominate the traction transformer market ...................................92 6.2
AC 6.2.1
6.3
.....................................................................................................................................................94 Market Analysis & Forecast .......................................................................................................................94
DC 6.3.1
.....................................................................................................................................................96 Market Analysis & Forecast .......................................................................................................................96
7. Traction Transformer Market, by Geographic Analysis ................................................................99 7.1
Introduction ...................................................................................................................................................100 7.1.1
Market overview & forecast .....................................................................................................................100
7.1.1.1 Europe is the major market for traction transformers, closely followed by Apac ..............................101 7.1.1.2 APAC’s unit shipments of traction transformers to grow by 1.5 times from 2013 to 2018 ................102 7.2
The Americas.................................................................................................................................................102 7.2.1
Market analysis & forecast.......................................................................................................................104
7.2.1.1 By type..............................................................................................................................................104 7.2.1.2 By rolling stock..................................................................................................................................105 7.2.1.2.1
Shipments of high speed train traction transformers to grow to double in the Americas from 2013 to 2018..................................................................................................................107
7.2.1.3 By voltage network ...........................................................................................................................107
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Table of Contents Chapter Headings .................................................................................................................Page No 7.3
Europe 7.3.1
...............................................................................................................................................109
Market analysis & forecast .......................................................................................................................110
7.3.1.1 By type ..............................................................................................................................................111 7.3.1.1.1
Tapped transformers form the major market for Europe in terms of revenue.........................111
7.3.1.2 By rolling stock..................................................................................................................................113 7.3.1.2.1
EMU traction transformer shipments lead europe’s market ...................................................114
7.3.1.3 By voltage network............................................................................................................................115 7.4
APAC 7.4.1
...............................................................................................................................................116
Market analysis & forecast .......................................................................................................................117
7.4.1.1 By type ..............................................................................................................................................118 7.4.1.2 By rolling stock..................................................................................................................................119 7.4.1.2.1
Deployment of high speed trains in APAC will boost the market ...........................................120
7.4.1.2.2
APAC’s locomotive traction transformer shipments growing fastest compared to other geographies ..............................................................................................................121
7.4.1.3 By voltage network ...........................................................................................................................122 7.5
RoW 7.5.1
...................................................................................................................................................123
Market analysis & forecast.......................................................................................................................123
7.5.1.1 By type..............................................................................................................................................124 7.5.1.2 By rolling stock..................................................................................................................................126 7.5.1.3 By voltage network ...........................................................................................................................128
8. Competitive Landscape..................................................................................................................130 8.1
Market Share Ranking ..................................................................................................................................130
8.2
Why ABB Is The Overwhelming Market Leader .........................................................................................131
8.3
Key Growth Strategies..................................................................................................................................132
8.4
Mergers & Acquisitions ................................................................................................................................135
8.5
Partnerships/agreements/strategic Alliance/ Collaborations ...................................................................139
8.6
Contract/deployment ....................................................................................................................................141
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Table of Contents Chapter Headings .................................................................................................................Page No 9. Company Profiles ...........................................................................................................................142 (Overview, Financials, Products & Services, Strategy, & Developments)*
9.1
ABB
...................................................................................................................................................142
9.2
ALSTOM
...................................................................................................................................................147
9.3
ALTRAFO TRASFORMATORI .......................................................................................................................151
9.4
ANSALDOBREDA..........................................................................................................................................154
9.5
BRUSH TRACTION........................................................................................................................................157
9.6
CROMPTON GREAVES .................................................................................................................................160
9.7
CHINA TRANSPOWERS ELECTRIC.............................................................................................................164
9.8
CSR CORPORATION.....................................................................................................................................167
9.9
EMCO
...................................................................................................................................................170
9.10
HITACHI
...................................................................................................................................................173
9.11
HYUNDAI ROTEM..........................................................................................................................................177
9.12
JST TRANSFORMATEURS ...........................................................................................................................180
9.13
KONCAR-DISTRIBUTION & SPECIAL TRANSFORMERS ..........................................................................183
9.14
MITSUBISHI ELECTRIC ................................................................................................................................187
9.15
PREIS & CO GES.M.B.H................................................................................................................................191
9.16
SCHNEIDER ELECTRIC ................................................................................................................................193
9.17
SIEMENS ENERGY........................................................................................................................................198
9.18
SKODA TRANSPORTATION .........................................................................................................................200
9.19
SETRANS HOLDING .....................................................................................................................................202
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
List of Tables Table Titles
..........................................................................................................................Page No
1
Global Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million) ..........................................................30
2
Global Traction Transformer Market Volume, by Types,2012 - 2018 (Units) .................................................................31
3
Global Traction Transformer Market Revenue, by Rolling Stock, 2012 - 2018 ($Million) ..............................................32
4
Global Traction Transformer Market Volume, by Rolling Stock, 2012 - 2018 (Units).....................................................33
5
Global Traction Transformer Market Revenue, by Voltage Network, 2012 - 2018 ($Million) .........................................34
6
Global Traction Transformer Market Volume, by Voltage Network, 2012 - 2018 (Units)................................................34
7
Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) .............................................................35
8
Global Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units) ........................................................36
9
Advantages And Disadvantages of The Electric Traction Systems ...............................................................................40
10
Global Passenger Traffic In Top Five Airports of The World In 2001 & 2011 (Million)....................................................42
11
Rail Liberalization Index of Top 5 Countries In Europe ..................................................................................................44
12
Existing Global Rail Infrastructure (in Kms) ...................................................................................................................47
13
Rail Electrification, by Geography, 2011 (in Kms) ..........................................................................................................49
14
Global Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million) ..........................................................58
15
Global Traction Transformer Market Volume, by Types, 2012 - 2018 (Units) ................................................................59
16
Tap Changing Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) ......................................61
17
Tap Changing Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units) ............................................62
18
Tapped Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) ................................................64
19
Tapped Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units) .......................................................65
20
Rectifier Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) ...............................................67
21
Rectifier Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units) .....................................................68
22
Global Traction Transformer Market Revenue, by Rolling Stock, 2012 - 2018 ($Million) ..............................................71
23
Global Traction Transformer Market Volume, by Rolling Stock, 2012 - 2018 (Units).....................................................72
24
List of Few Major High Speed Trains In The World........................................................................................................73
25
Global High Speed Train Traction Transformer Market Revenue, by Types,2012 - 2018 ($Million) ..............................75
26
Global High Speed Train Traction Transformer Market Volume, by Types,2012 - 2018 (Units) ....................................76
27
High Speed Train Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) ................................77
28
High Speed Train Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units) .......................................78
29
Global Electric Locomotive Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million)..........................79
30
Global Electric Locomotive Traction Transformer Market Volume, by Types, 2012 - 2018 (Units) ................................80
31
Electric Locomotive Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) .............................81
32
Electric Locomotive Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units) ...................................82
33
Global EMU Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million) .................................................83
34
Global EMU Traction Transformer Market Volume, by Types, 2012 - 2018 (Units) .......................................................84
35
EMU Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) ....................................................85
36
EMU Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units)...........................................................86
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
List of Tables Table Titles
..........................................................................................................................Page No
37
Global Trams Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million) ...............................................87
38
Global Trams Traction Transformer Market Volume, by Types, 2012 - 2018 (Units) .....................................................88
39
Trams Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) ..................................................89
40
Trams Traction Transformer Market Unit Shipments, by Geography, 2012 - 2018 (Units) ............................................90
41
Global Traction Transformer Market Revenue, by Voltage Network, 2012 - 2018 ($Million) .........................................92
42
Global Traction Transformer Market Volume, by Voltage Network, 2012 - 2018 (Units)................................................93
43
AC Traction Systems: Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million)..........................94
44
AC Traction Systems: Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units) ................................95
45
DC Traction Systems: Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) .........................97
46
DC Traction Systems: Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units) ................................97
47
Traction Transformer Market Revenue, by Geography, 2012 - 2018 ($Million) ...........................................................101
48
Traction Transformer Market Volume, by Geography, 2012 - 2018 (Units)..................................................................102
49
The Americas: Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million) ...........................................104
50
The Americas: Traction Transformer Market Volume, by Types,2012 - 2018 (Units)...................................................105
51
The Americas: Traction Transformer Market Revenue, by Rolling Stock, 2012 - 2018 ($Million)................................106
52
The Americas: Traction Transformer Market Unit Shipments, by Rolling Stock, 2012 - 2018 (Units)..........................107
53
The Americas: Traction Transformer Market Revenue, by Voltage Network, 2012 - 2018 ($Million)...........................108
54
The Americas: Traction Transformer Market Volume, by Voltage Network, 2012 - 2018 (Units) .................................108
55
Europe: Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million) ......................................................111
56
Europe: Traction Transformer Market Volume, by Types, 2012 - 2018 (Units) ............................................................112
57
Europe: Traction Transformer Market Revenue, by Rolling Stock, 2012 - 2018 ($Million) ..........................................113
58
Europe: Traction Transformer Market Volume, by Rolling Stock, 2012 - 2018 (Units) .................................................114
59
Europe: Traction Transformer Market Revenue, by Voltage Network, 2012 - 2018 ($Million) .....................................115
60
Europe: Traction Transformer Market Unit Shipments, by Voltage Network, 2012 - 2018 (Units) ...............................116
61
APAC: Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million) ........................................................118
62
APAC: Traction Transformer Market Volume, by Types, 2012 - 2018 (Units) ..............................................................119
63
APAC: Traction Transformer Market Revenue, by Rolling Stock, 2012 - 2018 ($Million) ............................................120
64
APAC: Traction Transformer Market Volume, by Rolling Stock, 2012 - 2018 (Units)...................................................121
65
APAC: Traction Transformer Market Revenue, by Voltage Network, 2012 - 2018 ($Million) .......................................122
66
APAC: Traction Transformer Market Unit Shipments, by Voltage Network, 2012 - 2018 (Units) .................................123
67
RoW: Traction Transformer Market Revenue, by Types, 2012 - 2018 ($Million) .........................................................124
68
RoW: Traction Transformer Market Volume, by Types, 2012 - 2018 (Units)................................................................125
69
RoW: Traction Transformer Market Revenue, by Rolling Stock, 2012 - 2018 ($Million) ..............................................126
70
RoW: Traction Transformer Market Volume, by Rolling Stock, 2012 - 2018 (Units) ....................................................127
71
RoW: Traction Transformer Market Revenue, by Voltage Network, 2012 - 2018 ($Million).........................................128
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
List of Tables Table Titles
..........................................................................................................................Page No
72
RoW: Traction Transformer Market Volume, by Voltage Network, 2012 - 2018 (Units) ...............................................129
73
Traction Transformer Players & Rankings ...................................................................................................................130
74
New Product Launches/developments (2009 - 2012)..................................................................................................132
75
Mergers & Acquisitions (2010 - 2013)..........................................................................................................................135
76
Partnerships/agreements/strategic Alliance/ Collaborations (2010 - 2012) .................................................................139
77
Contract/Deployment (2012)........................................................................................................................................141
78
ABB: Total Revenue, 2009 - 2011 ($Billion) .................................................................................................................144
79
ABB: Market Revenue, by Product Segment, 2010 - 2011 ($Billion) ...........................................................................144
80
ABB: Market Revenue, by Geography, 2010 - 2011 ($Billion) .....................................................................................145
81
Alstom: Total Revenue, 2010 - 2012 ($Million) ............................................................................................................149
82
Altrafo Trasformatori: Total Revenue, 2009 - 2011 ($Million) .......................................................................................153
83
Crompton Greaves: Total Revenue, 2010 - 2012 ($Million) .........................................................................................161
84
CSR Corporation: Total Revenue, 2009 - 2011 ($Million) ............................................................................................168
85
Emco: Total Revenue, 2010 - 2012 ($Million) ..............................................................................................................171
86
Hitachi Ltd: Market Revenue, 2010 - 2012 ($Billion) ...................................................................................................174
87
Koncar D&ST Website: Total Revenue, 2009 - 2011 ($Million)....................................................................................185
88
Products of Mitsubishi Electric .....................................................................................................................................188
89
Mitsubishi Electric: Total Revenue, 2010 - 2012 ($Million) ..........................................................................................189
90
Schneider Electric: Market Revenue, 2009 - 2011 ($Million) .......................................................................................194
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
List of Figures Figure Titles
..........................................................................................................................Page No
1
Segmentation of Traction Transformer Market...............................................................................................................21
2
Top-down & Bottom-up Approach Adopted ....................................................................................................................23
3
Research Methodology ..................................................................................................................................................24
4
Impact Analysis of Drivers..............................................................................................................................................41
5
Rail Liberalization Index of Countries In Europe (2011).................................................................................................43
6
Impact Analysis of Restraints.........................................................................................................................................45
7
Existing Rail Infrastructure of The World........................................................................................................................47
8
Global Electrification by Geography...............................................................................................................................48
9
Porters Five forces Model ..............................................................................................................................................51
10
Market Penetration of Power Electronic Traction Transformer (Solid State Traction Transformer) In 2014 & 2024 ......53
11
BCG Matrix for Traction Transformer Market, by Rolling Stock .....................................................................................54
12
BCG Matrix for Traction Transformer Market, by Geography ........................................................................................55
13
Schematic of Transformers Used In EMUs....................................................................................................................60
14
Schematic Diagram for Tapped Transformer .................................................................................................................63
15
Schematic of Basic Rectifier Transformer......................................................................................................................66
16
Global Traction Transformer Market Revenue ($Million) & Volume (Million Units), 2012 – 2018 ..................................70
17
Market Share Analysis of Traction Transformer, by Geography, 2013 & 2018 ............................................................100
18
Deployment of High Speed Trains In U.S. ...................................................................................................................103
19
Degree of Electrification In Western Europe ................................................................................................................110
20
Typical Cost Structure for Electric Locomotives...........................................................................................................131
21
Products And Services offered by Alstom SA ..............................................................................................................148
22
Products & Services offered by Altrafo Trasformatori ..................................................................................................152
23
Products & Services offered by Ansaldobreda.............................................................................................................154
24
Products & Services Tree Diagram of Crompton Greaves ..........................................................................................161
25
Products & Services offered by China Transpowers Electric .......................................................................................165
26
Products & Services offered by Hyundai Rotem ..........................................................................................................178
27
Products & Services offered by Jst Transformateurs S.A ............................................................................................181
28
Products & Services offered by Koncar-distribution & Special Transformers ..............................................................184
29
Product-wise Sales Revenue Split, 2011 .....................................................................................................................185
30
Products & Services offered by Mitsubishi Electric ......................................................................................................188
31
Products & Services offered by Preis & Co Ges.M.B.H ...............................................................................................191
32
Schneider Electric: Sales by Geography, 2011 ............................................................................................................195
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
Sample Tables Global Traction Transformer Market Revenue, By Types, 2012 – 2018 ($Million) Type
2012
2013
2014
2015
Tap Changing
e l p am
Tapped Rectifier
2016
2017
s e l b Ta
2018
CAGR% (2013-2018)
S
Total
Tap Changing Traction Transformer Market Revenue, By Geography, 2012 – 2018 ($Million) Region
2012
2013
2014
2015
Americas
e l p am
Europe APAC
2016
2017
s e l b Ta
2018
CAGR% (2013-2018)
S
ROW Total
Global Traction Transformer Market Revenue, By Rolling Stock, 2012 – 2018 ($Million) Rolling Stock
2012
2013
2014
2015
High speed trains
e l p am
Electric Locomotive EMU
2016
2017
s e l b Ta
2018
CAGR% (2013-2018)
S
Trams Total
Global Traction Transformer Market Revenue, By Voltage Network, 2012 – 2018 ($Million) Voltage Network
2012
2013
s e l b a T e pl
2014
AC DC Total
2015
Sam
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2016
2017
2018
CAGR% (2013-2018)
Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
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Global Traction Transformer Market
SE 1408
– By Type, Rolling Stock, Voltage Network & Geography (2013 – 2018)
2013
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