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Global Traction Converter Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031
Published Date: June 2025
|
Report Code: QYRE-Auto-18M9058
Home | Market Reports | Computers & Electronics| Electronics & Electrical| Electronic Components
Global Traction Converter Market Outlook 2022
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Global Traction Converter Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2025-2031

Code: QYRE-Auto-18M9058
Report
June 2025
Pages:145
QYResearch
Buy Now with 15% Discount
DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES
FEATURED COMPANIES
ABB Ltd
CRRC
Ingeteam
Bombardier
Voith GmbH
Toshiba
CAF Power& Automation
KONČAR
Medha
Inovance
Cgglobal
Siemens AG

Traction Converter Market Size

In 2024, the global market size of Traction Converter was estimated to be worth US$ 2496 million and is forecast to reach approximately US$ 3082 million by 2031 with a CAGR of 3.1% during the forecast period 2025-2031.

Traction Converter Market

Traction Converter Market

Traction converters are converters that supply traction motors, including high power diodes and thyristors, capacitors and reactors. The function of the traction converter is to convert the electric energy between the DC system and the AC system, and to control and regulate various traction motors to control the operation of the locomotive.
The industry"s leading producers are ABB, CRRC and Siemens, with revenue ratios of 34.62%, 20.17% and 11.04%, respectively, in 2019.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Traction Converter, 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 Traction Converter.
The Traction Converter market size, estimations, and forecasts are provided in terms of sales volume (Unit) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Traction Converter 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 Traction Converter manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and regions.

Scope of Traction Converter Market Report

Report Metric Details
Report Name Traction Converter Market
Forecasted market size in 2031 approximately US$ 3082 million
CAGR 3.1%
Forecasted years 2025 - 2031
Segment by Type
  • Propulsion Converter
  • Integrated Compact Converter
Segment by Application
  • Diesel Locomotive
  • Electric Locomotive
  • EMU
  • Metro and DEMU
By Region
  • North America (United States, Canada)
  • Europe (Germany, France, UK, Italy, Russia) Rest of Europe
  • Nordic Countries
  • Asia-Pacific (China, Japan, South Korea)
  • Southeast Asia (India, Australia)
  • Rest of Asia
  • Latin America (Mexico, Brazil)
  • Rest of Latin America
  • Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of MEA)
By Company ABB, CRRC, Siemens, Ingeteam, Bombardier, Voith, Toshiba, CAF Power & Automation, Končar, Medha, Inovance, Cgglobal
Forecast units USD million in value
Report coverage Revenue and volume forecast, company share, competitive landscape, growth factors and trends

Chapter Outline

  • Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and 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: Sales (consumption), revenue of Traction Converter in global and regional 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 of each country in the world.
  • Chapter 3: Detailed analysis of Traction Converter manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Traction Converter sales, revenue, price, gross margin, sales by region, by Type, by Application, and recent development, etc.
  • Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, 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 sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 7: North America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 8: APAC by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 9: Europe by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 10: Latin America by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 11: Middle East and Africa by Type, by Application and by country, sales, and revenue for each segment.
  • Chapter 12: Analysis of industrial chain, sales channel, key raw materials, distributors, and customers.
  • Chapter 13: 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 14: Research Findings and Conclusion.

FAQ for this report

What is the Traction Converter Market size in 2031?

Ans: The Traction Converter Market size in 2031 will be approximately US$ 3082 million.

What is the ABB share in Traction Converter Market?

Ans: The industry"s leading producers are ABB, CRRC and Siemens, with revenue ratios of 34.62%, 20.17% and 11.04%, respectively, in 2019.

Who are the main players in the Traction Converter Market report?

Ans: The main players in the Traction Converter Market are ABB, CRRC, Siemens, Ingeteam, Bombardier, Voith, Toshiba, CAF Power & Automation, Končar, Medha, Inovance, Cgglobal

What are the Application segmentation covered in the Traction Converter Market report?

Ans: The Applications covered in the Traction Converter Market report are Diesel Locomotive, Electric Locomotive, EMU, Metro and DEMU

What are the Type segmentation covered in the Traction Converter Market report?

Ans: The Types covered in the Traction Converter Market report are Propulsion Converter, Integrated Compact Converter

1 Study Coverage
1.1 Traction Converter Product Introduction
1.2 Market by Type
1.2.1 Global Traction Converter Market Size Growth Rate by Type (2020 VS 2024 VS 2031)
1.2.2 Propulsion Converter
1.2.3 Integrated Compact Converter
1.3 Market by Application
1.3.1 Global Traction Converter Market Size Growth Rate by Application (2020 VS 2024 VS 2031)
1.3.2 Diesel Locomotive
1.3.3 Electric Locomotive
1.3.4 EMU
1.3.5 Metro and DEMU
1.4 Study Objectives
1.5 Years Considered
2 Executive Summary
2.1 Global Traction Converter Market Size Estimates and Forecasts
2.1.1 Global Traction Converter Revenue 2020-2031
2.1.2 Global Traction Converter Sales 2020-2031
2.2 Traction Converter Market Size by Region: 2024 Versus 2031
2.3 Traction Converter Sales by Region (2020-2031)
2.3.1 Global Traction Converter Sales by Region: 2020-2025
2.3.2 Global Traction Converter Sales Forecast by Region (2026-2031)
2.3.3 Global Traction Converter Sales Market Share by Region (2020-2031)
2.4 Traction Converter Market Estimates and Projections by Region (2026-2031)
2.4.1 Global Traction Converter Revenue by Region: 2020-2025
2.4.2 Global Traction Converter Revenue Forecast by Region (2026-2031)
2.4.3 Global Traction Converter Revenue Market Share by Region (2020-2031)
3 Market Segments
3.1 Breakdown Data by Type
3.1.1 Global Traction Converter Sales by Type (2020-2031)
3.1.1.1 Global Traction Converter Sales Volume by Type (2020-2031)
3.1.1.2 Global Traction Converter Sales Market Share by Type (2020-2031)
3.1.2 Global Traction Converter Revenue by Type (2020-2031)
3.1.2.1 Global Traction Converter Revenue by Type (2020-2031)
3.1.2.2 Global Traction Converter Revenue Market Share by Type (2020-2031)
3.1.3 Traction Converter Average Selling Price (ASP) by Type (2020-2031)
3.2 Breakdown Data by Application
3.2.1 Global Traction Converter Sales by Application (2020-2031)
3.2.1.1 Global Traction Converter Sales Volume by Application (2020-2031)
3.2.1.2 Global Traction Converter Sales Market Share by Application (2020-2031)
3.2.2 Global Traction Converter Revenue by Application (2020-2031)
3.2.2.1 Global Traction Converter Revenue by Application (2020-2031)
3.2.2.2 Global Traction Converter Revenue Market Share by Application (2020-2031)
3.2.3 Traction Converter Average Selling Price (ASP) by Application (2020-2031)
3.3 by Type and by Application Crossing Analysis
3.3.1 Propulsion Converter of Traction Converter Revenue Market Share by Application
3.3.2 Integrated Compact Converter of Traction Converter Revenue Market Share by Application
4 Global Traction Converter by Manufacturers
4.1 Global Top Traction Converter Manufacturers by Sales (2020-2025)
4.1.1 Global Traction Converter Sales by Manufacturer (2020-2025)
4.1.2 Global Traction Converter Sales Market Share by Manufacturer (2020-2025)
4.2 Global Top Traction Converter Manufacturers by Revenue (2020-2025)
4.2.1 Global Traction Converter Revenue by Manufacturer (2020-2025)
4.2.2 Global Traction Converter Revenue Share by Manufacturer (2020-2025)
4.3 Global Traction Converter Price by Manufacturer (2020-2025)
4.4 Competitive Landscape
4.4.1 Key Traction Converter Manufacturers Covered: Ranking by Revenue
4.4.2 Global Traction Converter Market Concentration Ratio (CR5 and HHI) & (2020-2025)
4.4.3 Global Traction Converter Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.5 Global Traction Converter Manufacturing Base Distribution, Product Type
4.5.1 Traction Converter Manufacturers Manufacturing Base Distribution, Headquarters
4.5.2 Date of International Manufacturers Enter into Traction Converter Market
4.5.3 Manufacturers Traction Converter Product Type and Application
4.5.4 Propulsion Converter Market Sales of Traction Converter by Manufacturer
4.5.5 Integrated Compact Converter Market Sales of Traction Converter by Manufacturer
4.6 Manufacturers Mergers & Acquisitions, Expansion Plans
5 Company Profiles
5.1 ABB
5.1.1 ABB Company Information
5.1.2 ABB Description, Business Overview
5.1.3 ABB Traction Converter Products Offered
5.1.4 ABB Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.1.5 ABB Traction Converter Sales by Product in 2024
5.1.6 ABB Traction Converter Sales by Application in 2024
5.1.7 ABB Traction Converter Sales by Geographic Area in 2024
5.1.8 ABB Recent Developments
5.2 CRRC
5.2.1 CRRC Company Information
5.2.2 CRRC Description, Business Overview
5.2.3 CRRC Traction Converter Products Offered
5.2.4 CRRC Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.2.5 CRRC Traction Converter Sales by Product in 2024
5.2.6 CRRC Traction Converter Sales by Application in 2024
5.2.7 CRRC Traction Converter Sales by Geographic Area in 2024
5.2.8 CRRC Recent Developments
5.3 Siemens
5.3.1 Siemens Company Information
5.3.2 Siemens Description, Business Overview
5.3.3 Siemens Traction Converter Products Offered
5.3.4 Siemens Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.3.5 Siemens Traction Converter Sales by Product in 2024
5.3.6 Siemens Traction Converter Sales by Application in 2024
5.3.7 Siemens Traction Converter Sales by Geographic Area in 2024
5.3.8 Siemens Recent Developments
5.4 Ingeteam
5.4.1 Ingeteam Company Information
5.4.2 Ingeteam Description, Business Overview
5.4.3 Ingeteam Traction Converter Products Offered
5.4.4 Ingeteam Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.4.5 Ingeteam Traction Converter Sales by Product in 2024
5.4.6 Ingeteam Traction Converter Sales by Application in 2024
5.4.7 Ingeteam Traction Converter Sales by Geographic Area in 2024
5.4.8 Ingeteam Recent Developments
5.5 Bombardier
5.5.1 Bombardier Company Information
5.5.2 Bombardier Description, Business Overview
5.5.3 Bombardier Traction Converter Products Offered
5.5.4 Bombardier Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.5.5 Bombardier Traction Converter Sales by Product in 2024
5.5.6 Bombardier Traction Converter Sales by Application in 2024
5.5.7 Bombardier Traction Converter Sales by Geographic Area in 2024
5.5.8 Bombardier Recent Developments
5.6 Voith
5.6.1 Voith Company Information
5.6.2 Voith Description, Business Overview
5.6.3 Voith Traction Converter Products Offered
5.6.4 Voith Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.6.5 Voith Traction Converter Sales by Product in 2024
5.6.6 Voith Traction Converter Sales by Application in 2024
5.6.7 Voith Traction Converter Sales by Geographic Area in 2024
5.6.8 Voith Recent Developments
5.7 Toshiba
5.7.1 Toshiba Company Information
5.7.2 Toshiba Description, Business Overview
5.7.3 Toshiba Traction Converter Products Offered
5.7.4 Toshiba Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.7.5 Toshiba Traction Converter Sales by Product in 2024
5.7.6 Toshiba Traction Converter Sales by Application in 2024
5.7.7 Toshiba Traction Converter Sales by Geographic Area in 2024
5.7.8 Toshiba Recent Developments
5.8 CAF Power & Automation
5.8.1 CAF Power & Automation Company Information
5.8.2 CAF Power & Automation Description, Business Overview
5.8.3 CAF Power & Automation Traction Converter Products Offered
5.8.4 CAF Power & Automation Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.8.5 CAF Power & Automation Traction Converter Sales by Product in 2024
5.8.6 CAF Power & Automation Traction Converter Sales by Application in 2024
5.8.7 CAF Power & Automation Traction Converter Sales by Geographic Area in 2024
5.8.8 CAF Power & Automation Recent Developments
5.9 Končar
5.9.1 Končar Company Information
5.9.2 Končar Description, Business Overview
5.9.3 Končar Traction Converter Products Offered
5.9.4 Končar Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.9.5 Končar Traction Converter Sales by Product in 2024
5.9.6 Končar Traction Converter Sales by Application in 2024
5.9.7 Končar Traction Converter Sales by Geographic Area in 2024
5.9.8 Končar Recent Developments
5.10 Medha
5.10.1 Medha Company Information
5.10.2 Medha Description, Business Overview
5.10.3 Medha Traction Converter Products Offered
5.10.4 Medha Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.10.5 Medha Traction Converter Sales by Product in 2024
5.10.6 Medha Traction Converter Sales by Application in 2024
5.10.7 Medha Traction Converter Sales by Geographic Area in 2024
5.10.8 Medha Recent Developments
5.11 Inovance
5.11.1 Inovance Company Information
5.11.2 Inovance Description, Business Overview
5.11.3 Inovance Traction Converter Products Offered
5.11.4 Inovance Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.11.5 Inovance Traction Converter Sales by Product in 2024
5.11.6 Inovance Traction Converter Sales by Application in 2024
5.11.7 Inovance Traction Converter Sales by Geographic Area in 2024
5.11.8 Inovance Recent Developments
5.12 Cgglobal
5.12.1 Cgglobal Company Information
5.12.2 Cgglobal Description, Business Overview
5.12.3 Cgglobal Traction Converter Products Offered
5.12.4 Cgglobal Traction Converter Sales, Revenue and Gross Margin (2020-2025)
5.12.5 Cgglobal Traction Converter Sales by Product in 2024
5.12.6 Cgglobal Traction Converter Sales by Application in 2024
5.12.7 Cgglobal Traction Converter Sales by Geographic Area in 2024
5.12.8 Cgglobal Recent Developments
6 North America
6.1 North America Traction Converter Market Size YoY Growth 2020-2031
6.2 North America Traction Converter Market Facts & Figures by Country
6.2.1 North America Traction Converter Sales by Country (2020-2031)
6.2.2 North America Traction Converter Revenue by Country (2020-2031)
6.3 North America Traction Converter Sales by Type (2020-2025)
6.4 North America Traction Converter Sales by Application (2020-2025)
7 Asia-Pacific
7.1 Asia-Pacific Traction Converter Market Size YoY Growth 2020-2031
7.2 Asia-Pacific Traction Converter Market Facts & Figures by Region
7.2.1 Asia-Pacific Traction Converter Sales by Region (2020-2031)
7.2.2 Asia-Pacific Traction Converter Revenue by Region (2020-2031)
7.3 Asia-Pacific Traction Converter Sales by Type (2020-2025)
7.4 Asia-Pacific Traction Converter Sales by Application (2020-2025)
8 Europe
8.1 Europe Traction Converter Market Size YoY Growth 2020-2031
8.2 Europe Traction Converter Market Facts & Figures by Country
8.2.1 Europe Traction Converter Sales by Country (2020-2031)
8.2.2 Europe Traction Converter Revenue by Country (2020-2031)
8.3 Europe Traction Converter Sales by Type (2020-2025)
8.4 Europe Traction Converter Sales by Application (2020-2025)
9 Latin America
9.1 Latin America Traction Converter Market Size YoY Growth 2020-2031
9.2 Latin America Traction Converter Market Facts & Figures by Country
9.2.1 Latin America Traction Converter Sales by Country (2020-2031)
9.2.2 Latin America Traction Converter Revenue by Country (2020-2031)
9.3 Latin America Traction Converter Sales by Type (2020-2025)
9.4 Latin America Traction Converter Sales by Application (2020-2025)
10 Middle East and Africa
10.1 Latin America Traction Converter Market Size YoY Growth 2020-2031
10.2 Middle East and Africa Traction Converter Market Facts & Figures by Country
10.2.1 Middle East and Africa Traction Converter Sales by Country (2020-2031)
10.2.2 Middle East and Africa Traction Converter Revenue by Country (2020-2031)
10.3 Middle East and Africa Traction Converter Sales by Type (2020-2025)
10.4 Middle East and Africa Traction Converter Sales by Application (2020-2025)
11 Supply Chain and Sales Channel analysis
11.1 Traction Converter Supply Chain Analysis
11.2 Traction Converter Key Raw Materials and Upstream Suppliers
11.3 Traction Converter Clients Analysis
11.4 Traction Converter Sales Channel and Sales Model Analysis
11.4.1 Traction Converter Distribution Channel Analysis: Indirect Sales VS Direct Sales
11.4.2 Traction Converter Distribution Channel Analysis: Online Sales VS Offline Sales
11.4.3 Traction Converter Distributors
12 Traction Converter Market Dynamics
12.1 Traction Converter Industry Trends
12.2 Traction Converter Market Drivers
12.3 Traction Converter Market Challenges
12.4 Traction Converter Market Restraints
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.1.1 Research Programs/Design
14.1.1.2 Market Size Estimation
14.1.1.3 Market Breakdown and Data Triangulation
14.1.2 Data Source
14.1.2.1 Secondary Sources
14.1.2.2 Primary Sources
14.2 Author Details
14.3 Disclaimer
FEATURED COMPANIES
ABB Ltd
CRRC
Ingeteam
Bombardier
Voith GmbH
Toshiba
CAF Power& Automation
KONČAR
Medha
Inovance
Cgglobal
Siemens AG
List of Tables
 Table 1. Global Traction Converter Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Global Traction Converter Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 3. Global Traction Converter Market Size by Region (US$ Million): 2024 VS 2031
 Table 4. Global Traction Converter Sales by Region (2020-2025) & (Unit)
 Table 5. Global Traction Converter Sales Forecast by Region (2026-2031) & (Unit)
 Table 6. Global Traction Converter Revenue by Region (2020-2025) & (US$ Million)
 Table 7. Global Traction Converter Revenue Forecast by Region (2026-2031) & (US$ Million)
 Table 8. Global Traction Converter Sales Volume by Type (2020-2025) & (Unit)
 Table 9. Global Traction Converter Sales Volume by Type (2026-2031) & (Unit)
 Table 10. Global Traction Converter Revenue by Type (2020-2025) & (US$ Million)
 Table 11. Global Traction Converter Revenue Forecast by Type (2026-2031) & (US$ Million)
 Table 12. Global Traction Converter Sales Volume by Application (2020-2025) & (Unit)
 Table 13. Global Traction Converter Sales Volume by Application (2026-2031) & (Unit)
 Table 14. Global Traction Converter Revenue by Application (2020-2025) & (US$ Million)
 Table 15. Global Traction Converter Revenue by Application (2026-2031) & (US$ Million)
 Table 16. Global Traction Converter Sales by Manufacturer (2020-2025) & (Unit)
 Table 17. Global Traction Converter Sales Share by Manufacturer (2020-2025)
 Table 18. Traction Converter Revenue by Manufacturer (2020-2025) & (US$ Million)
 Table 19. Traction Converter Revenue Share by Manufacturer (2020-2025)
 Table 20. Key Manufacturers Traction Converter Price (2020-2025) & (K US$/Unit)
 Table 21. Ranking of Global Top Traction Converter Manufacturers by Revenue (US$ Million) in 2024
 Table 22. Global Traction Converter Manufacturers Market Concentration Ratio (CR5 and HHI) & (2020-2025)
 Table 23. Global Traction Converter by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Traction Converter as of 2024)
 Table 24. Traction Converter Manufacturers Manufacturing Base Distribution and Headquarters
 Table 25. Date of International Manufacturers Enter into Traction Converter Market
 Table 26. Manufacturers Traction Converter Product Type and Application
 Table 27. Manufacturers Mergers & Acquisitions, Expansion Plans
 Table 28. ABB Company Information
 Table 29. ABB Description and Business Overview
 Table 30. ABB Traction Converter Product
 Table 31. ABB Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 32. ABB Sales Proportion of Traction Converter by Product in 2024
 Table 33. ABB Sales Proportion of Traction Converter by Application in 2024
 Table 34. ABB Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 35. ABB Recent Developments
 Table 36. CRRC Company Information
 Table 37. CRRC Description and Business Overview
 Table 38. CRRC Traction Converter Product
 Table 39. CRRC Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 40. CRRC Sales Proportion of Traction Converter by Product in 2024
 Table 41. CRRC Sales Proportion of Traction Converter by Application in 2024
 Table 42. CRRC Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 43. CRRC Recent Developments
 Table 44. Siemens Company Information
 Table 45. Siemens Description and Business Overview
 Table 46. Siemens Traction Converter Product
 Table 47. Siemens Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 48. Siemens Sales Proportion of Traction Converter by Product in 2024
 Table 49. Siemens Sales Proportion of Traction Converter by Application in 2024
 Table 50. Siemens Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 51. Siemens Recent Developments
 Table 52. Ingeteam Company Information
 Table 53. Ingeteam Description and Business Overview
 Table 54. Ingeteam Traction Converter Product
 Table 55. Ingeteam Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 56. Ingeteam Sales Proportion of Traction Converter by Product in 2024
 Table 57. Ingeteam Sales Proportion of Traction Converter by Application in 2024
 Table 58. Ingeteam Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 59. Ingeteam Recent Developments
 Table 60. Bombardier Company Information
 Table 61. Bombardier Description and Business Overview
 Table 62. Bombardier Traction Converter Product
 Table 63. Bombardier Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 64. Bombardier Sales Proportion of Traction Converter by Product in 2024
 Table 65. Bombardier Sales Proportion of Traction Converter by Application in 2024
 Table 66. Bombardier Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 67. Bombardier Recent Developments
 Table 68. Voith Company Information
 Table 69. Voith Description and Business Overview
 Table 70. Voith Traction Converter Product
 Table 71. Voith Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 72. Voith Sales Proportion of Traction Converter by Product in 2024
 Table 73. Voith Sales Proportion of Traction Converter by Application in 2024
 Table 74. Voith Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 75. Voith Recent Developments
 Table 76. Toshiba Company Information
 Table 77. Toshiba Description and Business Overview
 Table 78. Toshiba Traction Converter Product
 Table 79. Toshiba Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 80. Toshiba Sales Proportion of Traction Converter by Product in 2024
 Table 81. Toshiba Sales Proportion of Traction Converter by Application in 2024
 Table 82. Toshiba Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 83. Toshiba Recent Developments
 Table 84. CAF Power & Automation Company Information
 Table 85. CAF Power & Automation Description and Business Overview
 Table 86. CAF Power & Automation Traction Converter Product
 Table 87. CAF Power & Automation Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 88. CAF Power & Automation Sales Proportion of Traction Converter by Product in 2024
 Table 89. CAF Power & Automation Sales Proportion of Traction Converter by Application in 2024
 Table 90. CAF Power & Automation Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 91. CAF Power & Automation Recent Developments
 Table 92. Končar Company Information
 Table 93. Končar Description and Business Overview
 Table 94. Končar Traction Converter Product
 Table 95. Končar Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 96. Končar Sales Proportion of Traction Converter by Product in 2024
 Table 97. Končar Sales Proportion of Traction Converter by Application in 2024
 Table 98. Končar Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 99. Končar Recent Developments
 Table 100. Medha Company Information
 Table 101. Medha Description and Business Overview
 Table 102. Medha Traction Converter Product
 Table 103. Medha Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 104. Medha Sales Proportion of Traction Converter by Product in 2024
 Table 105. Medha Sales Proportion of Traction Converter by Application in 2024
 Table 106. Medha Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 107. Medha Recent Developments
 Table 108. Inovance Company Information
 Table 109. Inovance Description and Business Overview
 Table 110. Inovance Traction Converter Product
 Table 111. Inovance Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 112. Inovance Sales Proportion of Traction Converter by Product in 2024
 Table 113. Inovance Sales Proportion of Traction Converter by Application in 2024
 Table 114. Inovance Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 115. Inovance Recent Developments
 Table 116. Cgglobal Company Information
 Table 117. Cgglobal Description and Business Overview
 Table 118. Cgglobal Traction Converter Product
 Table 119. Cgglobal Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2020-2025)
 Table 120. Cgglobal Sales Proportion of Traction Converter by Product in 2024
 Table 121. Cgglobal Sales Proportion of Traction Converter by Application in 2024
 Table 122. Cgglobal Sales Proportion of Traction Converter by Geographic Area in 2024
 Table 123. Cgglobal Recent Developments
 Table 124. North America Traction Converter Sales by Country (2020-2025) & (Unit)
 Table 125. North America Traction Converter Sales by Country (2026-2031) & (Unit)
 Table 126. North America Traction Converter Revenue by Country (2020-2025) & (US$ Million)
 Table 127. North America Traction Converter Revenue by Country (2026-2031) & (US$ Million)
 Table 128. North America Traction Converter Sales by Type (2020-2025) & (Unit)
 Table 129. North America Traction Converter Sales by Application (2020-2025) & (Unit)
 Table 130. Asia-Pacific Traction Converter Sales by Region (2020-2025) & (Unit)
 Table 131. Asia-Pacific Traction Converter Sales by Region (2026-2031) & (Unit)
 Table 132. Asia-Pacific Traction Converter Revenue by Region (2020-2025) & (US$ Million)
 Table 133. Asia-Pacific Traction Converter Revenue by Region (2026-2031) & (US$ Million)
 Table 134. Asia-Pacific Traction Converter Sales by Type (2020-2025) & (Unit)
 Table 135. Asia-Pacific Traction Converter Sales by Application (2020-2025) & (Unit)
 Table 136. Europe Traction Converter Sales by Country (2020-2025) & (Unit)
 Table 137. Europe Traction Converter Sales by Country (2026-2031) & (Unit)
 Table 138. Europe Traction Converter Revenue by Country (2020-2025) & (US$ Million)
 Table 139. Europe Traction Converter Revenue by Country (2026-2031) & (US$ Million)
 Table 140. Europe Traction Converter Sales by Type (2020-2025) & (Unit)
 Table 141. Europe Traction Converter Sales by Application (2020-2025) & (Unit)
 Table 142. Latin America Traction Converter Sales by Country (2020-2025) & (Unit)
 Table 143. Latin America Traction Converter Sales by Country (2026-2031) & (Unit)
 Table 144. Latin America Traction Converter Revenue by Country (2020-2025) & (US$ Million)
 Table 145. Latin America Traction Converter Revenue by Country (2026-2031) & (US$ Million)
 Table 146. Latin America Traction Converter Sales by Type (2020-2025) & (Unit)
 Table 147. Latin America Traction Converter Sales by Application (2020-2025) & (Unit)
 Table 148. Middle East and Africa Traction Converter Sales by Country (2020-2025) & (Unit)
 Table 149. Middle East and Africa Traction Converter Sales by Country (2026-2031) & (Unit)
 Table 150. Middle East and Africa Traction Converter Revenue by Country (2020-2025) & (US$ Million)
 Table 151. Middle East and Africa Traction Converter Revenue by Country (2026-2031) & (US$ Million)
 Table 152. Middle East and Africa Traction Converter Sales by Type (2020-2025) & (Unit)
 Table 153. Middle East and Africa Traction Converter Sales by Application (2020-2025) & (Unit)
 Table 154. Traction Converter Key Raw Materials, Industry Status and Trend
 Table 155. Traction Converter Key Raw Materials and Upstream Suppliers
 Table 156. Traction Converter Clients Status and Trend
 Table 157. Traction Converter Typical Clients
 Table 158. Traction Converter Distributors
 Table 159. Traction Converter Market Trends
 Table 160. Traction Converter Market Drivers
 Table 161. Traction Converter Market Challenges
 Table 162. Traction Converter Market Restraints
 Table 163. Research Programs/Design for This Report
 Table 164. Key Data Information from Secondary Sources
 Table 165. Key Data Information from Primary Sources
 Table 166. QYR Business Unit and Senior & Team Lead Analysts


List of Figures
 Figure 1. Traction Converter Product Picture
 Figure 2. Global Traction Converter Market Size by Type (US$ Million): 2020 VS 2024 VS 2031
 Figure 3. Global Traction Converter Sales Market Share by Type in 2024 & 2031
 Figure 4. Propulsion Converter Product Picture
 Figure 5. Integrated Compact Converter Product Picture
 Figure 6. Global Traction Converter Market Size by Application (US$ Million): 2020 VS 2024 VS 2031
 Figure 7. Global Traction Converter Sales Market Share by Application in 2024 & 2031
 Figure 8. Diesel Locomotive
 Figure 9. Electric Locomotive
 Figure 10. EMU
 Figure 11. Metro and DEMU
 Figure 12. Traction Converter Report Years Considered
 Figure 13. Global Traction Converter Revenue, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Traction Converter Market Size 2020-2031 (US$ Million)
 Figure 15. Global Traction Converter Sales 2020-2031 (Unit)
 Figure 16. Global Traction Converter Sales Market Share Forecast by Region (2020-2031)
 Figure 17. Global Traction Converter Revenue Market Share by Region (2020-2031)
 Figure 18. Global Traction Converter Sales Market Share Forecast by Type (2020-2031)
 Figure 19. Global Traction Converter Revenue Market Share Forecast by Type (2020-2031)
 Figure 20. Traction Converter Average Selling Price (ASP) by Type (2020-2025) & (K US$/Unit)
 Figure 21. Global Traction Converter Sales Market Share Forecast by Application (2020-2031)
 Figure 22. Global Traction Converter Revenue Market Share Forecast by Application (2020-2031)
 Figure 23. Traction Converter Average Selling Price (ASP) by Application (2020-2025) & (K US$/Unit)
 Figure 24. Propulsion Converter of Traction Converter Revenue Market Share by Application, 2024 VS 2031
 Figure 25. Integrated Compact Converter of Traction Converter Revenue Market Share by Application, 2024 VS 2031
 Figure 26. Global Traction Converter Sales Share by Manufacturer in 2024
 Figure 27. Traction Converter Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
 Figure 28. Propulsion Converter Market Sales Proportion by Manufacturer in 2024
 Figure 29. Integrated Compact Converter Market Sales Proportion by Manufacturer in 2024
 Figure 30. North America Traction Converter Revenue 2020-2031 (US$ Million)
 Figure 31. North America Traction Converter Sales Market Share by Type (2020-2025)
 Figure 32. North America Traction Converter Sales Market Share by Application (2020-2025)
 Figure 33. Asia-Pacific Traction Converter Revenue 2020-2031 (US$ Million)
 Figure 34. Asia-Pacific Traction Converter Sales Market Share by Region (2020-2031)
 Figure 35. Asia-Pacific Traction Converter Revenue Market Share by Region (2020-2031)
 Figure 36. Asia-Pacific Traction Converter Sales Market Share by Type (2020-2025)
 Figure 37. Asia-Pacific Traction Converter Sales Market Share by Application (2020-2025)
 Figure 38. Europe Traction Converter Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 39. Europe Traction Converter Sales Market Share by Country (2020-2031)
 Figure 40. Europe Traction Converter Revenue Market Share by Country (2020-2031)
 Figure 41. Europe Traction Converter Sales Market Share by Type (2020-2025)
 Figure 42. Europe Traction Converter Sales Market Share by Application (2020-2025)
 Figure 43. Latin America Traction Converter Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 44. Latin America Traction Converter Sales Market Share by Country (2020-2031)
 Figure 45. Latin America Traction Converter Revenue Market Share by Country (2020-2025)
 Figure 46. Latin America Traction Converter Sales Market Share by Type (2020-2025)
 Figure 47. Latin America Traction Converter Sales Market Share by Application (2020-2025)
 Figure 48. Middle East and Africa Traction Converter Revenue Growth Rate 2020-2031 (US$ Million)
 Figure 49. Middle East and Africa Traction Converter Sales Market Share by Country (2020-2031)
 Figure 50. Middle East and Africa Traction Converter Revenue Market Share by Country (2020-2031)
 Figure 51. Middle East and Africa Traction Converter Sales Market Share by Type (2020-2025)
 Figure 52. Middle East and Africa Traction Converter Sales Market Share by Application (2020-2025)
 Figure 53. Traction Converter Supply Chain (Upstream and Downstream Market)
 Figure 54. Global Production Market Share of Traction Converter Raw Materials by Region in 2024
 Figure 55. Traction Converter Distribution Channels
 Figure 56. Global Traction Converter Percentage 2020-2031: Indirect Sales VS Direct Sales
 Figure 57. Global Traction Converter Percentage 2020-2031: Online Sales VS Offline Sales
 Figure 58. Bottom-up and Top-down Approaches for This Report
 Figure 59. Data Triangulation
 Figure 60. Key Executives Interviewed
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