Fresh Investments in Railcar Modernization to Give Demand for Railway Traction Motors in North America an Impetus, Predicts TMR
The railway traction motors market in North America is consolidated to a certain degree, with the five leading players collectively accounting for a share of over 55% in 2015. These players are ABB Ltd., Bombardier Inc., Mitsubishi Electric Corporation, Alstom S.A., and Siemens A.G. Transparency Market Research states that considering the current trends in the railway traction motors market in North America, the market shares of some of the key players are likely to undergo significant moderations during the course...
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