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Traction Transformer Market in Europe 2015-2019

11/18/2015

 USA, New York: A new market report titled “Traction Transformer Market in Europe 2015-2019” has been made available.

The report covers the present scenario and the growth prospects of the traction transformer market in Europe during the period 2015-2019. For ascertaining the market size and vendor share, the report considers the revenue obtained from the sales of traction transformers.

Technavio's analysts forecast the traction transformer market in Europe will grow at a CAGR of 6.78% over the period 2015-2019, reports Sys-Con.

One of the market drivers is significant government funding that the industry receives, while threat from local vendors is one of the main market challenges.

The key vendors profiled in the report are ABB, Alstom, Siemens, CG, Electren, Hitachi Plant Technologies, Hyundai Rotem, JST Transformateurs, Koncar, Mitsubishi Electric, Schneider Electric, Setrans Holding and Skoda Holding.

Source: Sys-Con

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