The Asia-Pacific traction transformer market is estimated to grow at a CAGR of 8.3% from 2-014 to 2019.
In this report, the Asia-Pacific traction transformer market has been broadly classified into types, such as tap changing, tapped, and rectifier. Rectifier transformers are used in industrial applications, such as electrolysis process for aluminum, zinc, copper, or chlorine.
Geographically, Asia-Pacific traction transformer market has commanded a market share of 37.3% in the global traction transformer market. Factors driving its market growth include increasing demand of PETT, and growing adoption of traction transformers in applications, such as rail electrification owing to the liberalization of rail transport in the Asia-Pacific region.
As of 2014, the Asia-Pacific traction transformer market includes top market players, such as ABB Ltd., (Switzerland), Alstom SA (France), and Crompton Greaves. New product launches and partnerships, agreements, collaborations, and joint ventures are considered as the major strategies adopted by these players to achieve growth in the traction transformer market.
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Along with the market data, you can also customize the MMM assessments that are in accordance to your company’s specific needs. Customize to get comprehensive industry standard and deep-dive analysis of the following parameters:
Product Analysis - Usage pattern (in-depth trend analysis) of products (segment-wise) - Product matrix, which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment level - End-user adoption rate analysis of the products (segment-wise and country-wise) - Comprehensive coverage of product approvals, pipeline products, and product recalls
Data from Manufacturing Firms - Fast turn-around analysis of manufacturing firms’ responses to recent market events and trends - Expert opinion about the varied applications of traction transformers - Qualitative inputs on macro-economic indicators, mergers & acquisitions in each geography
Comparative Analysis
- Market data and key developments of top companies
Shipment/Volume Data - Tracking the value of components shipped annually in each geography
Trend analysis of Application - Application matrix, which gives a detailed comparison of application portfolio of each company, mapped in each geography
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