Jan 24, 2020 6:43 AM ET
Railway Traction Motor Market Geographical Segmentation & Regional Comparison By Key Players included in Electrical Components & Equipment,Capital Goods,Electrical Equipment sector 2023
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Jan 24, 2020
“Railway Traction Motor”Market 2020 report focus on Global and regional Market, providing information on major players like Manufacturers, Suppliers, Distributors, Traders, Customers, investors etc. It helps in visualizing the composition of the Railway Traction Motor market across each indication by highlighting the key commercial assets and Players. Railway Traction Motor Market Report Pinpoint Data type include capacity, production, Market share, price, revenue, cost, gross, Gross margin, Growth rate, consumption, import, export and etc. The report provides Strategists for Marketers and Senior management with the critical information they need to assess the global Electrical Components and Equipment,Capital Goods,Electrical Equipment sector. Industry researcher project Railway Traction Motor market was valued at USD XX.XX Billion and CAGR of 3.25% during the period 2020-2023.
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“The latest trend gaining momentum in the market is the smart railways gaining popularity.”
According to the report, one of the major drivers for this market is the railway infrastructure development in Asian countries.
Further, the report states that one of the major factors hindering the growth of this market is the delay in execution and development of railway projects.
About Railway Traction Motor Market:
Smart railways gaining popularity to trend in the market. The increase in air traffic and road transport congestion has made rail transport a superior alternative in emerging economies such as India and China. Rails are safer and provide a more credible and competitive alternative compared with road and air transport. Despite challenges such as high initial investment and maintenance cost, the geographical, financial, and environmental factors help foster the growth of rail infrastructure. Our Research analysts have predicted that the railway traction motor market will register a CAGR of almost 4% by 2023.
Railway Traction Motor Market 2020 Trend, Challengeand Driver: –
- Railway infrastructure development in Asian countriesThe railways industry in major developing countries in APAC is undergoing significant growth due to investments made in the development of existing railway infrastructure.
- Over the past decade, investment in railways has increased from 10% to 30%, with APAC countries accounting for a major share.
- The global transport market will be driven by the railway sector in APAC.
- Economic growth, urbanization, and population are critical factors that trigger the need for investment in railways.
- This trend is gaining significant ground in APAC, primarily in China and India as they account for vast population.
- Delay in execution and development of railway projects The delay in the development and execution of railway projects is another factor hindering the growth of the global railway traction motor market.
- Railway projects, in general, are large and are a major cost sink for the local as well as the national economy owing to which delays in project implementation are frequent, and the time spread between planning, construction start, and completion at times is very wide.
- The uncertainty and fluctuation in railway investments and project execution are major challenges for the vendors of railway couplers as they directly affect the demand for couplers.
- For the detailed list of factors that will drive and challenge the growth of the railway traction motor market during the 2019-2023, view our report.
- The market appears to be fragmented and with the presence of several companies including ABB and Alstom the competitive environment is quite intense.
- Factors such as the railway infrastructure development in Asian countries and the smart railways gaining popularity, will provide considerable growth opportunities to railway traction motor manufactures.
- ABB, Alstom, Bombardier, GENERAL ELECTRIC, Siemens, and Traktionssysteme Austria are some of the major companies covered in this report..
Porter’s five forces analysis included in the report educates the buyer on the current situations along with anticipated future Railway Traction Motor market size.
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Geographically,this report is segmented into several key Regions covering:Americas, APAC, EMEA
Key vendors operating in 2020 Railway Traction Motor market space are-
- ABB, Alstom, Bombardier, GENERAL ELECTRIC, Siemens, Traktionssysteme Austria
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
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Following are the objectives of The 2020 Railway Traction Motor Market Report:
- To describe and forecast the overall Railway Traction Motor market, in terms of value, segmented on the basis of authentication type, functionality type, component, and application.
- To forecast the market size for various segments, by key region.
- To provide detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the Railway Traction Motor market.
- To strategically analyze the Micro markets with respect to individual growth trends, Prospects, and Contributions to the total market.
- To analyze opportunities in the overall Railway Traction Motor market for stakeholders by identifying the high growth segments.
- To profile key players and analyze their Market ranking in terms of revenues and core competencies and provide details of the competitive landscape for the Railway Traction Motor market leaders.
- To analyze growth strategies such as Contracts, Mergers and Acquisitions, Product launches and Developments, and Research and Development (RandD) in the overall Railway Traction Motor market.
Table of Contents included in Railway Traction Motor Market 2020 Report –
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: PIPELINE ANALYSIS
PART 05: MARKET SIZING
- Market definition
- Market sizing 2020
- Market size and forecast 2020-2023
PART 06: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- The threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY TYPE
PART 10: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America – Market size and forecast 2020-2023
- Europe – Market size and forecast 2020-2023
- Asia – Market size and forecast 2020-2023
- ROW – Market size and forecast 2020-2023
- Key leading countries
- Market opportunity
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
- Landscape disruption
PART 14: VENDOR ANALYSIS
Be sure to follow on Linkedin at @360 Market Updatesfor more on growth research and the research market.
Name: Mr. Ajay More
Email: [email protected]
Organization: 360 Market Updates
Phone: +1 424 253 0807 / + 44 203 239 8187
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