The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Industrial Traction Equipment Market Research Report 2025
Synopsis
The global Industrial Traction Equipment market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Industrial Traction Equipment is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Industrial Traction Equipment is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Industrial Traction Equipment include ABB Ltd., Alstom SA, Caterpillar Inc., Mitsubishi Electric Corporation, Toshiba International Corporation, Kawasaki Heavy Industries Ltd., American Traction Systems, Bombardier Inc. and Crompton Greaves Limited, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Industrial Traction Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Traction Equipment.
Report Scope
The Industrial Traction Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Traction Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Traction Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB Ltd.
Alstom SA
Caterpillar Inc.
Mitsubishi Electric Corporation
Toshiba International Corporation
Kawasaki Heavy Industries Ltd.
American Traction Systems
Bombardier Inc.
Crompton Greaves Limited
Siemens AG
General Electric Company
VEM Group
TTM Rail - Transtech Melbourne Pty Ltd.
Segment by Type
Traction Transformer
Traction Motor
Traction Converter
Segment by Application
Railway
Mining
Oil and Gas
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Traction Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Traction Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Traction Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The global Industrial Traction Equipment market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
North American market for Industrial Traction Equipment is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Industrial Traction Equipment is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Industrial Traction Equipment include ABB Ltd., Alstom SA, Caterpillar Inc., Mitsubishi Electric Corporation, Toshiba International Corporation, Kawasaki Heavy Industries Ltd., American Traction Systems, Bombardier Inc. and Crompton Greaves Limited, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Industrial Traction Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Traction Equipment.
Report Scope
The Industrial Traction Equipment market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Industrial Traction Equipment market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Industrial Traction Equipment manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
ABB Ltd.
Alstom SA
Caterpillar Inc.
Mitsubishi Electric Corporation
Toshiba International Corporation
Kawasaki Heavy Industries Ltd.
American Traction Systems
Bombardier Inc.
Crompton Greaves Limited
Siemens AG
General Electric Company
VEM Group
TTM Rail - Transtech Melbourne Pty Ltd.
Segment by Type
Traction Transformer
Traction Motor
Traction Converter
Segment by Application
Railway
Mining
Oil and Gas
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Industrial Traction Equipment manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Industrial Traction Equipment by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Industrial Traction Equipment in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Industrial Traction Equipment Market Overview
1.1 Product Definition
1.2 Industrial Traction Equipment Segment by Type
1.2.1 Global Industrial Traction Equipment Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Traction Transformer
1.2.3 Traction Motor
1.2.4 Traction Converter
1.3 Industrial Traction Equipment Segment by Application
1.3.1 Global Industrial Traction Equipment Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Railway
1.3.3 Mining
1.3.4 Oil and Gas
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Industrial Traction Equipment Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Industrial Traction Equipment Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Industrial Traction Equipment Production Estimates and Forecasts (2019-2030)
1.4.4 Global Industrial Traction Equipment Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Industrial Traction Equipment Production Market Share by Manufacturers (2019-2024)
2.2 Global Industrial Traction Equipment Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Industrial Traction Equipment, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Industrial Traction Equipment Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Industrial Traction Equipment Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Industrial Traction Equipment, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Industrial Traction Equipment, Product Offered and Application
2.8 Global Key Manufacturers of Industrial Traction Equipment, Date of Enter into This Industry
2.9 Industrial Traction Equipment Market Competitive Situation and Trends
2.9.1 Industrial Traction Equipment Market Concentration Rate
2.9.2 Global 5 and 10 Largest Industrial Traction Equipment Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Industrial Traction Equipment Production by Region
3.1 Global Industrial Traction Equipment Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Industrial Traction Equipment Production Value by Region (2019-2030)
3.2.1 Global Industrial Traction Equipment Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Industrial Traction Equipment by Region (2025-2030)
3.3 Global Industrial Traction Equipment Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Industrial Traction Equipment Production by Region (2019-2030)
3.4.1 Global Industrial Traction Equipment Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Industrial Traction Equipment by Region (2025-2030)
3.5 Global Industrial Traction Equipment Market Price Analysis by Region (2019-2024)
3.6 Global Industrial Traction Equipment Production and Value, Year-over-Year Growth
3.6.1 North America Industrial Traction Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Industrial Traction Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Industrial Traction Equipment Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Industrial Traction Equipment Production Value Estimates and Forecasts (2019-2030)
4 Industrial Traction Equipment Consumption by Region
4.1 Global Industrial Traction Equipment Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Industrial Traction Equipment Consumption by Region (2019-2030)
4.2.1 Global Industrial Traction Equipment Consumption by Region (2019-2024)
4.2.2 Global Industrial Traction Equipment Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Industrial Traction Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Industrial Traction Equipment Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Industrial Traction Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Industrial Traction Equipment Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Industrial Traction Equipment Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Industrial Traction Equipment Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Industrial Traction Equipment Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Industrial Traction Equipment Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Industrial Traction Equipment Production by Type (2019-2030)
5.1.1 Global Industrial Traction Equipment Production by Type (2019-2024)
5.1.2 Global Industrial Traction Equipment Production by Type (2025-2030)
5.1.3 Global Industrial Traction Equipment Production Market Share by Type (2019-2030)
5.2 Global Industrial Traction Equipment Production Value by Type (2019-2030)
5.2.1 Global Industrial Traction Equipment Production Value by Type (2019-2024)
5.2.2 Global Industrial Traction Equipment Production Value by Type (2025-2030)
5.2.3 Global Industrial Traction Equipment Production Value Market Share by Type (2019-2030)
5.3 Global Industrial Traction Equipment Price by Type (2019-2030)
6 Segment by Application
6.1 Global Industrial Traction Equipment Production by Application (2019-2030)
6.1.1 Global Industrial Traction Equipment Production by Application (2019-2024)
6.1.2 Global Industrial Traction Equipment Production by Application (2025-2030)
6.1.3 Global Industrial Traction Equipment Production Market Share by Application (2019-2030)
6.2 Global Industrial Traction Equipment Production Value by Application (2019-2030)
6.2.1 Global Industrial Traction Equipment Production Value by Application (2019-2024)
6.2.2 Global Industrial Traction Equipment Production Value by Application (2025-2030)
6.2.3 Global Industrial Traction Equipment Production Value Market Share by Application (2019-2030)
6.3 Global Industrial Traction Equipment Price by Application (2019-2030)
7 Key Companies Profiled
7.1 ABB Ltd.
7.1.1 ABB Ltd. Industrial Traction Equipment Corporation Information
7.1.2 ABB Ltd. Industrial Traction Equipment Product Portfolio
7.1.3 ABB Ltd. Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.1.4 ABB Ltd. Main Business and Markets Served
7.1.5 ABB Ltd. Recent Developments/Updates
7.2 Alstom SA
7.2.1 Alstom SA Industrial Traction Equipment Corporation Information
7.2.2 Alstom SA Industrial Traction Equipment Product Portfolio
7.2.3 Alstom SA Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Alstom SA Main Business and Markets Served
7.2.5 Alstom SA Recent Developments/Updates
7.3 Caterpillar Inc.
7.3.1 Caterpillar Inc. Industrial Traction Equipment Corporation Information
7.3.2 Caterpillar Inc. Industrial Traction Equipment Product Portfolio
7.3.3 Caterpillar Inc. Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Caterpillar Inc. Main Business and Markets Served
7.3.5 Caterpillar Inc. Recent Developments/Updates
7.4 Mitsubishi Electric Corporation
7.4.1 Mitsubishi Electric Corporation Industrial Traction Equipment Corporation Information
7.4.2 Mitsubishi Electric Corporation Industrial Traction Equipment Product Portfolio
7.4.3 Mitsubishi Electric Corporation Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Mitsubishi Electric Corporation Main Business and Markets Served
7.4.5 Mitsubishi Electric Corporation Recent Developments/Updates
7.5 Toshiba International Corporation
7.5.1 Toshiba International Corporation Industrial Traction Equipment Corporation Information
7.5.2 Toshiba International Corporation Industrial Traction Equipment Product Portfolio
7.5.3 Toshiba International Corporation Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Toshiba International Corporation Main Business and Markets Served
7.5.5 Toshiba International Corporation Recent Developments/Updates
7.6 Kawasaki Heavy Industries Ltd.
7.6.1 Kawasaki Heavy Industries Ltd. Industrial Traction Equipment Corporation Information
7.6.2 Kawasaki Heavy Industries Ltd. Industrial Traction Equipment Product Portfolio
7.6.3 Kawasaki Heavy Industries Ltd. Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Kawasaki Heavy Industries Ltd. Main Business and Markets Served
7.6.5 Kawasaki Heavy Industries Ltd. Recent Developments/Updates
7.7 American Traction Systems
7.7.1 American Traction Systems Industrial Traction Equipment Corporation Information
7.7.2 American Traction Systems Industrial Traction Equipment Product Portfolio
7.7.3 American Traction Systems Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.7.4 American Traction Systems Main Business and Markets Served
7.7.5 American Traction Systems Recent Developments/Updates
7.8 Bombardier Inc.
7.8.1 Bombardier Inc. Industrial Traction Equipment Corporation Information
7.8.2 Bombardier Inc. Industrial Traction Equipment Product Portfolio
7.8.3 Bombardier Inc. Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Bombardier Inc. Main Business and Markets Served
7.7.5 Bombardier Inc. Recent Developments/Updates
7.9 Crompton Greaves Limited
7.9.1 Crompton Greaves Limited Industrial Traction Equipment Corporation Information
7.9.2 Crompton Greaves Limited Industrial Traction Equipment Product Portfolio
7.9.3 Crompton Greaves Limited Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Crompton Greaves Limited Main Business and Markets Served
7.9.5 Crompton Greaves Limited Recent Developments/Updates
7.10 Siemens AG
7.10.1 Siemens AG Industrial Traction Equipment Corporation Information
7.10.2 Siemens AG Industrial Traction Equipment Product Portfolio
7.10.3 Siemens AG Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Siemens AG Main Business and Markets Served
7.10.5 Siemens AG Recent Developments/Updates
7.11 General Electric Company
7.11.1 General Electric Company Industrial Traction Equipment Corporation Information
7.11.2 General Electric Company Industrial Traction Equipment Product Portfolio
7.11.3 General Electric Company Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.11.4 General Electric Company Main Business and Markets Served
7.11.5 General Electric Company Recent Developments/Updates
7.12 VEM Group
7.12.1 VEM Group Industrial Traction Equipment Corporation Information
7.12.2 VEM Group Industrial Traction Equipment Product Portfolio
7.12.3 VEM Group Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.12.4 VEM Group Main Business and Markets Served
7.12.5 VEM Group Recent Developments/Updates
7.13 TTM Rail - Transtech Melbourne Pty Ltd.
7.13.1 TTM Rail - Transtech Melbourne Pty Ltd. Industrial Traction Equipment Corporation Information
7.13.2 TTM Rail - Transtech Melbourne Pty Ltd. Industrial Traction Equipment Product Portfolio
7.13.3 TTM Rail - Transtech Melbourne Pty Ltd. Industrial Traction Equipment Production, Value, Price and Gross Margin (2019-2024)
7.13.4 TTM Rail - Transtech Melbourne Pty Ltd. Main Business and Markets Served
7.13.5 TTM Rail - Transtech Melbourne Pty Ltd. Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Industrial Traction Equipment Industry Chain Analysis
8.2 Industrial Traction Equipment Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Industrial Traction Equipment Production Mode & Process
8.4 Industrial Traction Equipment Sales and Marketing
8.4.1 Industrial Traction Equipment Sales Channels
8.4.2 Industrial Traction Equipment Distributors
8.5 Industrial Traction Equipment Customers
9 Industrial Traction Equipment Market Dynamics
9.1 Industrial Traction Equipment Industry Trends
9.2 Industrial Traction Equipment Market Drivers
9.3 Industrial Traction Equipment Market Challenges
9.4 Industrial Traction Equipment Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
