Acumen Research and Consulting estimates that global Traction Inverter market is expected to reach the market value of around US$ 8.2 Bn by 2027 and is anticipated to grow at a CAGR of around 18% in terms of revenue during the forecast period 2020 – 2027.
Traction inverter is often referred to as an electric motor for the output of a rotating torque on a system. The friction inventors are used to adjust energy as quickly as possible and to make it available to the moving motor under the circumstances. In the future, the market is expected to thrive with a substantially higher CAGR.
The report provides analysis of global Traction Inverter market for the period 2016-2027, wherein 2020 to 2027 is the forecast period and 2019 is considered as the base year.
Market Insights
A higher level of integration is increasing every day in the automotive and transport industries. In comparison to critical factors such as weight constraints and device prices, the idea of electro mobility and electrical control united with all the power electronics required for a traction inverter are appealing. Today, the majority of electric vehicles, including locomotives, trams and trams, have Silicon carbide and Si-IGBT semiconductor modules. Devices such as semiconductors with a high power density include the emerging pattern of mechatronic modules in the vehicle and in a mechanical system and assemblies. Halbleiter is thus the only technical molded packaging option for this growing market for high performance and low cost solutions.
Sales for traction inverter sector high-power products
Rapidly increasing demand for efficient, economically-efficient, reliable and productive electrical propulsion systems has contributed significantly to traction inverter market revenue growth. Increased automation demand coupled with high power transmission fuels the development of the inverter market for traction. Increased demand for hybrid and electric cars driving the use of inverters for electric traction leads to global market growth. Developing lightweight and heat-resistant high-end components drives positive development in the demand for traction inverters. However, the quality and competitiveness of goods, which would considerably impinge on the output growth of traction inverter markets, is influenced by reliability and durability.
Report coverage
The market research study on “Traction Inverter Market (Traction Inverter Market By Type: Above 1000 KW, 500-1000 KW, 100-500 KW, Below 100 KW; Traction Inverter Market By Application: Metro, Light Rail Vehicles, EMU & Locomotives, DMU (Diesel Multiple Units), Others) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2020 - 2027” offers a detailed insights on the global Traction Inverter market entailing insights on its different market segments. Market dynamics with drivers, restraints and opportunities with their impact are provided in the report. The report also provides competitive landscape to understand the current stance of particular player. The report covers global Traction Inverter market size, and segment markets by type, application, and geography along with the information on companies operating in the market. The Traction Inverter market analysis is provided for major regional markets including North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. For each region, the market size for different segments has been covered under the scope of report.
The global Traction Inverter market is segmented as below:
Market Segmentation
Traction Inverter Market By Type
Above 1000 KW
500-1000 KW
100-500 KW
Below 100 KW
Traction Inverter Market By Application
Metro
Light Rail Vehicles
EMU & Locomotives
DMU (Diesel Multiple Units)
Others
Traction Inverter Market By Geography
North America
Europe
- UK
- Germany
- France
- Spain
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
Latin America
- Mexico
- Brazil
- Rest of Latin America
Middle East & Africa
- GCC
- South Africa
- Rest of MEA
Key Players and Market Situation
Participants include major global players such Delphi Technologies, Denso, Continental AG, Mitsubishi Electric Corporation, Robert Bosch GmbH, Others.
These manufacturers focus strongly upon joint ventures with small players to build a strong client base around the world in order to gain a higher market share in the traction inverter enterprise. In addition, these actors are also opening new production facilities in developing countries for traction inverters. In the traction inverter market, most companies also introduce innovative products, which help companies to grow their business in the worldwide traction reverser segment. Through launching new traction converters, businesses will target their customers previously untapped and achieve moderate momentum on the momentum inverter market.
2016, Prodrive Technologies announced a partnership arrangement for the manufacture of third generation products between RapidIO 3.x and Integrated System Technology, Inc.
Table Of Content:
CHAPTER 1. INDUSTRY OVERVIEW
1.1. Definition and Scope
1.1.1. Definition of Traction Inverter
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Traction Inverter Market By Type
1.2.2.1. Global Traction Inverter Market Revenue and Growth Rate Comparison By Type (2020-2027)
1.2.2.2. Global Traction Inverter Market Revenue Share By Type in 2019
1.2.2.2.1. Above 1000 KW
1.2.2.2.2. 500-1000 KW
1.2.2.2.3. 100-500 KW
1.2.2.2.4. Below 100 KW
1.2.3. Traction Inverter Market By Application
1.2.3.1. Metro
1.2.3.2. Light Rail Vehicles
1.2.3.3. EMU & Locomotives
1.2.3.4. DMU (Diesel Multiple Units)
1.2.3.5. Others
1.2.4. Traction Inverter Market By Geography
1.2.4.1. Global Traction Inverter Market Revenue and Growth Rate Comparison by Geography (2020-2027)
1.2.4.2. North America Traction Inverter Market Revenue and Growth Rate(2020-2027)
1.2.4.3. Europe Traction Inverter Market Revenue and Growth Rate(2020-2027)
1.2.4.4. Asia-Pacific Traction Inverter Market Revenue and Growth Rate(2020-2027)
1.2.4.5. Latin America Traction Inverter Market Revenue and Growth Rate(2020-2027)
1.2.4.6. Middle East and Africa (MEA) Traction Inverter Market Revenue and Growth Rate(2020-2027)
CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS
2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2019
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players
CHAPTER 3. MANUFACTURING PLANTS ANALYSIS
3.1. Capacity and Commercial Production Date of Global Pure Cashmere Major Manufacturers in 2019
3.2. Manufacturing Plants Distribution of Global Pure Cashmere Major Manufacturers in 2019
3.3. R&D Status and Technology Source of Global Pure Cashmere Major Manufacturers in 2019
3.4. Raw Materials Sources Analysis of Global Pure Cashmere Major Manufacturers in 2019
CHAPTER 4. Traction Inverter MARKET By Type
4.1. Global Pure Cashmere Revenue By Type
4.2. Above 1000 KW
4.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.3. 500-1000 KW
4.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.4. 100-500 KW
4.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
4.5. Below 100 KW
4.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 5. Traction Inverter MARKET By Application
5.1. Global Pure Cashmere Revenue By Application
5.2. Metro
5.2.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.3. Light Rail Vehicles
5.3.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.4. EMU & Locomotives
5.4.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.5. DMU (Diesel Multiple Units)
5.5.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
5.6. Others
5.6.1. Market Revenue and Growth Rate, 2020 - 2027 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2020 - 2027 ($Million)
CHAPTER 6. NORTH AMERICA Traction Inverter MARKET BY COUNTRY
6.1. North America Traction Inverter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
6.2. North America Traction Inverter Market Revenue Share Comparison, 2020 & 2027 (%)
6.3. U.S.
6.3.1. U.S. Traction Inverter Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 7. EUROPE Traction Inverter MARKET BY COUNTRY
7.1. Europe Traction Inverter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
7.2. Europe Traction Inverter Market Revenue Share Comparison, 2020 & 2027 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 8. ASIA-PACIFIC Traction Inverter MARKET BY COUNTRY
8.1. Asia-Pacific Traction Inverter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
8.2. Asia-Pacific Traction Inverter Market Revenue Share Comparison, 2020 & 2027 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 9. LATIN AMERICA Traction Inverter MARKET BY COUNTRY
9.1. Latin America Traction Inverter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
9.2. Latin America Traction Inverter Market Revenue Share Comparison, 2020 & 2027 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.4. Mexico
9.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 10. MIDDLE EAST & AFRICA Traction Inverter MARKET BY COUNTRY
10.1. Middle East & Africa Traction Inverter Market Revenue and Growth Rate, 2020 - 2027 ($Million)
10.2. Middle East& Africa Traction Inverter Market Revenue Share Comparison, 2020 & 2027 (%)
10.3. GCC
10.3.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.4. South Africa
10.4.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
10.5. Rest of Middle East & Africa
10.5.1. Market Revenue and Forecast By Type, 2020 - 2027 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2020 - 2027 ($Million)
CHAPTER 11. COMPANY PROFILE
11.1. Delphi Technologies
11.1.1. Company Snapshot
11.1.2. Overview
11.1.3. Financial Overview
11.1.4. Product Portfolio
11.1.5. Key Developments
11.1.6. Strategies
11.2. Denso
11.2.1. Company Snapshot
11.2.2. Overview
11.2.3. Financial Overview
11.2.4. Product Portfolio
11.2.5. Key Developments
11.2.6. Strategies
11.3. Continental AG
11.3.1. Company Snapshot
11.3.2. Overview
11.3.3. Financial Overview
11.3.4. Product Portfolio
11.3.5. Key Developments
11.3.6. Strategies
11.4. Mitsubishi Electric Corporation
11.4.1. Company Snapshot
11.4.2. Overview
11.4.3. Financial Overview
11.4.4. Product Portfolio
11.4.5. Key Developments
11.4.6. Strategies
11.5. Robert Bosch GmbH
11.5.1. Company Snapshot
11.5.2. Overview
11.5.3. Financial Overview
11.5.4. Product Portfolio
11.5.5. Key Developments
11.5.6. Strategies
11.6. Others
11.6.1. Company Snapshot
11.6.2. Overview
11.6.3. Financial Overview
11.6.4. Product Portfolio
11.6.5. Key Developments
11.6.6. Strategies
CHAPTER 12. RESEARCH APPROACH
12.1. Research Methodology
12.1.1. Initial Data Search
12.1.2. Secondary Research
12.1.3. Primary Research
12.2. Assumptions and Scope