Portland, OR -- (SBWIRE) -- 07/25/2017 -- Railway traction motors are series-wound brushed DC motors, usually running on approximately 600 Volts. The availability of high-powered semiconductors (such as thyristors and the IGBT) have made the use of much simpler, higher-reliability AC induction motors known as asynchronous traction motors possible. The substantial improvement of the railroads in the twentieth century is connected to the electrification of the rail route lines. Traditionally, railways ran on steam motors. Several nations have adopted railroads electrification, monorail systems, and metros. With the progress in the railroads technologies, and change in vehicular emission restrictions forced on transportation systems across the systems, the progress of the railway traction motor market is expected in future. The global railway traction motor market is expected to grow at a CAGR of 3.8% from 2017 to 2025.

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The market is segmented by type, application, and geography. Furthermore, by type of system, it includes direct current traction motor, alternating current traction motor, and synchronous alternating current traction motor. By type of application, it is classified into diesel locomotives, electric multiple units, electric locomotives, and diesel-electric locomotives. Geographic breakdown and deep analysis of each of the aforesaid segments is included for North America, Europe, Asia-Pacific, and LAMEA.

Market Dynamics:

Drivers:
Incorporation of traction motors in the railway engines
Lower emission
Low manufacturing and maintenance costs
Lower down the loss in performance

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MARKET LANDSCAPE

By Type
Direct Current Traction Motor
Alternating Current Traction Motor
Synchronous Alternating Current Traction Motor

By Application
Diesel Locomotives
Electric Multiple Units
Electric Locomotives
Diesel-Electric Locomotives

By Geography
North America
U.S.
Canada
Mexico

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Table Of Contents:

1. Executive summary
1.1. Key Findings
1.2. Market Attractiveness and Trend Analysis
1.3. Competitive Landscape and Recent Industry Development Analysis
2. Introduction
2.1. Report Description
2.2. Scope and Definitions
2.3. Research Methodology
3. Market landscape
3.1. Growth Drivers
3.1.1. Impact Analysis
3.2. Restrains and Challenges
4. Global Railway Traction Motor Market by Type
4.1. Direct Current Traction Motor
4.1.1. Historical Market Size by Region, 2014-2016
4.1.2. Market Forecast by Region, 2017-2025
4.2. Alternating Current Traction Motor