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According to the market research report Locomotive Market by Power Conversion Components (Rectifier, Inverter, Alternator, APU & Traction Motor), Technology (IGBT, GTO & SiC), Rolling Stock Type (Diesel & Electric Locomotive, DMU & EMU), and Region - Global Trends and Forecast to 2021. The locomotive power [http://photo.net/gallery/tag-search/search?query_string=conversion conversion] system market is primarily driven by the growing demand for energy efficient locomotives and increasing urbanization around the globe.<br><br>The locomotive market for power conversion systems is projected to grow at a CAGR of 2.92%, to reach a market size of USD 4.27 billion by 2021.<br><br>Download our free PDF Brochure and gain crucial industry insights that will help your business grow:<br><br>website<br><br>Traction motor is projected to dominate the locomotive market for power conversion systems during the forecast period, in terms of value. The high demand for traction motors can be attributed to the benefits offered by this component, as it helps in improving the efficiency by reducing losses,  [http://vtr.org.vn/mua-xuan-o-han-quoc.html tour Hàn Quốc] which can be categorized into iron losses, copper losses, mechanical losses, and harmonic losses.<br><br>Request for free Customization:<br><br>website<br><br>With the advancement in technology from GTO thyristor module to IGBT module, there is significant reduction in energy consumption that leads to reduction in life-cycle costs of the locomotive. Additionally, the pressure of locomotive operators to maintain and enhance the railways� image as the most environmentally friendly mode of transport has forced them to develop technologies such as IGBT module and SiC inverter.<br><br>Browse and in-depth TOC on Locomotive Market<br><br>73 - Tables<br><br>52 - Figures<br><br>154 - Pages<br><br><br><br>The Asia-Pacific region includes key countries such as China, Japan, and India. The locomotive market for [http://vtr.org.vn/mua-xuan-o-han-quoc.html tour Hàn Quốc từ hà nội] power conversion system in the region is [http://browse.deviantart.com/?q=expected expected] to grow at a promising CAGR, owing to the increasing number of rail infrastructural projects and growing urbanization. According to Ministry of Railways (India), the ministry has planned to spend approximately USD 142 Billion in the next five years on expansion and modernization.<br><br>Request for sample:<br><br>website<br><br>Locomotive Market Key Players<br><br><br><br>The locomotive market for  [http://vtr.org.vn/mua-xuan-o-han-quoc.html du lịch Hàn Quốc] power conversion systems is dominated by a few global players such as Hitachi Ltd. (Japan), CRRC Corporation Limited (China), Bombardier Inc. (Canada), Alstom S.A. (France) and ABB (Switzerland). For instance, Hitachi Ltd. has strong product offering and they have [https://www.Behance.net/search?content=projects&sort=appreciations&time=week&search=invested%20heavily invested heavily] in R&D to retain their market position.
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According to the market research report Locomotive Market by Power Conversion Components (Rectifier, Inverter, Alternator, APU & Traction Motor), Technology (IGBT, GTO & SiC), Rolling Stock Type (Diesel & Electric Locomotive, DMU & EMU), and Region - Global Trends and Forecast to 2021. The locomotive power conversion system market is primarily driven by the growing demand for energy efficient locomotives and increasing urbanization around the globe.<br><br>The locomotive market for power conversion systems is projected to grow at a CAGR of 2.92%, to reach a market size of USD 4.27 billion by 2021.<br><br>Download our free PDF [http://En.wiktionary.org/wiki/Brochure Brochure] and gain crucial industry insights that will help your business grow:<br><br>website<br><br>Traction motor is projected to dominate the locomotive market for power conversion systems during the forecast period, in terms of value. The high demand for traction motors can be attributed to the benefits offered by this component,  [http://vtr.org.vn/mua-xuan-o-han-quoc.html tour Hàn Quốc giá rẻ] as it helps in improving the efficiency by reducing losses, which can be categorized into iron losses, copper losses, mechanical losses, [http://vtr.org.vn/mua-xuan-o-han-quoc.html tour Hàn Quốc giá rẻ] and harmonic losses.<br><br>Request for free Customization:<br><br>website<br><br>With the advancement in technology from GTO thyristor module to IGBT module, there is significant reduction in energy consumption that leads to reduction in life-cycle costs of the locomotive. Additionally, the pressure of locomotive operators to maintain and enhance the railways� image as the most environmentally friendly mode of transport has forced them to develop technologies such as IGBT module and SiC inverter.<br><br>Browse and in-depth TOC on Locomotive Market<br><br>73 - Tables<br><br>52 - Figures<br><br>154 - Pages<br><br><br><br>The Asia-Pacific region includes key countries such as China, Japan, and India. The locomotive market for power conversion system in the region is expected to grow at a promising CAGR, owing to the increasing number of rail infrastructural projects and growing urbanization. According to Ministry of Railways (India), the ministry has planned to spend approximately USD 142 Billion in the next five years on expansion and modernization.<br><br>Request for sample:<br><br>website<br><br>Locomotive Market Key Players<br><br><br><br>The [https://Www.biggerpockets.com/search?utf8=%E2%9C%93&term=locomotive%20market locomotive market] for power conversion systems is dominated by a few global players such as Hitachi Ltd. (Japan), CRRC Corporation Limited (China), [http://vtr.org.vn/mua-xuan-o-han-quoc.html du lịch Hàn Quốc] Bombardier Inc. (Canada), Alstom S.A. (France) and [http://vtr.org.vn/mua-xuan-o-han-quoc.html tour Hàn Quốc giá rẻ] ABB (Switzerland). For instance, Hitachi Ltd. has strong product offering and they have invested heavily in R&D to retain their market position.

Revision as of 03:23, 25 April 2019

According to the market research report Locomotive Market by Power Conversion Components (Rectifier, Inverter, Alternator, APU & Traction Motor), Technology (IGBT, GTO & SiC), Rolling Stock Type (Diesel & Electric Locomotive, DMU & EMU), and Region - Global Trends and Forecast to 2021. The locomotive power conversion system market is primarily driven by the growing demand for energy efficient locomotives and increasing urbanization around the globe.

The locomotive market for power conversion systems is projected to grow at a CAGR of 2.92%, to reach a market size of USD 4.27 billion by 2021.

Download our free PDF Brochure and gain crucial industry insights that will help your business grow:

website

Traction motor is projected to dominate the locomotive market for power conversion systems during the forecast period, in terms of value. The high demand for traction motors can be attributed to the benefits offered by this component, tour Hàn Quốc giá rẻ as it helps in improving the efficiency by reducing losses, which can be categorized into iron losses, copper losses, mechanical losses, tour Hàn Quốc giá rẻ and harmonic losses.

Request for free Customization:

website

With the advancement in technology from GTO thyristor module to IGBT module, there is significant reduction in energy consumption that leads to reduction in life-cycle costs of the locomotive. Additionally, the pressure of locomotive operators to maintain and enhance the railways� image as the most environmentally friendly mode of transport has forced them to develop technologies such as IGBT module and SiC inverter.

Browse and in-depth TOC on Locomotive Market

73 - Tables

52 - Figures

154 - Pages



The Asia-Pacific region includes key countries such as China, Japan, and India. The locomotive market for power conversion system in the region is expected to grow at a promising CAGR, owing to the increasing number of rail infrastructural projects and growing urbanization. According to Ministry of Railways (India), the ministry has planned to spend approximately USD 142 Billion in the next five years on expansion and modernization.

Request for sample:

website

Locomotive Market Key Players



The locomotive market for power conversion systems is dominated by a few global players such as Hitachi Ltd. (Japan), CRRC Corporation Limited (China), du lịch Hàn Quốc Bombardier Inc. (Canada), Alstom S.A. (France) and tour Hàn Quốc giá rẻ ABB (Switzerland). For instance, Hitachi Ltd. has strong product offering and they have invested heavily in R&D to retain their market position.

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