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Global DC Traction Power Converters for Subways Market Research Report 2025
Published Date: October 2025
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Report Code: QYRE-Auto-30Y19712
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Global DC Traction Power Converters for Subways Market Research Report 2025
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Global DC Traction Power Converters for Subways Market Research Report 2025

Code: QYRE-Auto-30Y19712
Report
October 2025
Pages:86
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

DC Traction Power Converters for Subways Market Size

The global market for DC Traction Power Converters for Subways was valued at US$ 322 million in the year 2024 and is projected to reach a revised size of US$ 399 million by 2031, growing at a CAGR of 4.1% during the forecast period.

DC Traction Power Converters for Subways Market

DC Traction Power Converters for Subways Market

DC traction power converters for subways are core power electronic devices in the supply system. Their primary role is to realize the conversion, control, and optimization of electrical energy forms, adjusting voltage, current, or frequency on demand to ensure stable power supply for subway trains and grid stability. Key functions include converting AC from traction substations to DC (rectifier converters), recycling electrical energy generated by train braking and feeding it back to the grid (active inverter converters), and in some cases, converting between different DC voltage levels. These products must adapt to subway scenarios with frequent starts/stops and large load fluctuations, featuring high reliability, fast response, and low energy loss. Common types include diode rectifiers and IGBT converters. The price of DC traction power converters for subways varies depending on various factors. According to relevant information, the price of a DC traction rectifier generally ranges from US$120,000 to US$260,000. Furthermore, some railway inverters have a wide price range, ranging from a few hundred dollars to tens of thousands of dollars.
North American market for DC Traction Power Converters for Subways is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for DC Traction Power Converters for Subways is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for DC Traction Power Converters for Subways in High-Capacity Metro is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of DC Traction Power Converters for Subways include CRRC Times Electric, Siemens Mobility, Hitachi Energy, Baiyun Electric, Toshiba, ABB, Eaton, Zhongzhi Electric, Daqo Group, Rail Power System GmbH, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for DC Traction Power Converters for Subways, 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 DC Traction Power Converters for Subways.
The DC Traction Power Converters for Subways market size, estimations, and forecasts are provided in terms of 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 DC Traction Power Converters for Subways market comprehensively. Regional market sizes, concerning products by Type, by Application, by Control Method 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 DC Traction Power Converters for Subways companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation

Scope of DC Traction Power Converters for Subways Market Report

Report Metric Details
Report Name DC Traction Power Converters for Subways Market
Accounted market size in year US$ 322 million
Forecasted market size in 2031 US$ 399 million
CAGR 4.1%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • Rectifier
  • Regenerative Braking Energy Feedback Device
  • Regenerative Braking Energy Storage Device
  • Regenerative Braking Energy Absorption Device
  • Other
Segment by Control Method
  • Analog Control Converter
  • Digital Signal Processing (DSP) Control Converter
  • Multi-Core Heterogeneous Control Converter
  • Other
Segment by Topology
  • Two-Level Voltage Source Inverter
  • Three-Level Neutral Point Clamped (NPC) Topology Converter
  • Modular Multilevel Matrix Converter (MMC)
  • Other
Segment by Application
  • High-Capacity Metro
  • Medium-Capacity Metro
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 CRRC Times Electric, Siemens Mobility, Hitachi Energy, Baiyun Electric, Toshiba, ABB, Eaton, Zhongzhi Electric, Daqo Group, Rail Power System GmbH, Keyvia Electric, TOGEE Metro Equipment, Sprecher Automation GmbH
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, by Application, by Control Method 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: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
  • Chapter 3: Detailed analysis of DC Traction Power Converters for Subways company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
  • Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
  • Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
  • Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
  • Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
  • Chapter 12: The main points and conclusions of the report.

FAQ for this report

How fast is DC Traction Power Converters for Subways Market growing?

Ans: The DC Traction Power Converters for Subways Market witnessing a CAGR of 4.1% during the forecast period 2025-2031.

What is the DC Traction Power Converters for Subways Market size in 2031?

Ans: The DC Traction Power Converters for Subways Market size in 2031 will be US$ 399 million.

Who are the main players in the DC Traction Power Converters for Subways Market report?

Ans: The main players in the DC Traction Power Converters for Subways Market are CRRC Times Electric, Siemens Mobility, Hitachi Energy, Baiyun Electric, Toshiba, ABB, Eaton, Zhongzhi Electric, Daqo Group, Rail Power System GmbH, Keyvia Electric, TOGEE Metro Equipment, Sprecher Automation GmbH

What are the Application segmentation covered in the DC Traction Power Converters for Subways Market report?

Ans: The Applications covered in the DC Traction Power Converters for Subways Market report are High-Capacity Metro, Medium-Capacity Metro

What are the Type segmentation covered in the DC Traction Power Converters for Subways Market report?

Ans: The Types covered in the DC Traction Power Converters for Subways Market report are Rectifier, Regenerative Braking Energy Feedback Device, Regenerative Braking Energy Storage Device, Regenerative Braking Energy Absorption Device, Other

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global DC Traction Power Converters for Subways Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 Rectifier
1.2.3 Regenerative Braking Energy Feedback Device
1.2.4 Regenerative Braking Energy Storage Device
1.2.5 Regenerative Braking Energy Absorption Device
1.2.6 Other
1.3 Market by Control Method
1.3.1 Global DC Traction Power Converters for Subways Market Size Growth Rate by Control Method: 2020 VS 2024 VS 2031
1.3.2 Analog Control Converter
1.3.3 Digital Signal Processing (DSP) Control Converter
1.3.4 Multi-Core Heterogeneous Control Converter
1.3.5 Other
1.4 Market by Topology
1.4.1 Global DC Traction Power Converters for Subways Market Size Growth Rate by Topology: 2020 VS 2024 VS 2031
1.4.2 Two-Level Voltage Source Inverter
1.4.3 Three-Level Neutral Point Clamped (NPC) Topology Converter
1.4.4 Modular Multilevel Matrix Converter (MMC)
1.4.5 Other
1.5 Market by Application
1.5.1 Global DC Traction Power Converters for Subways Market Growth by Application: 2020 VS 2024 VS 2031
1.5.2 High-Capacity Metro
1.5.3 Medium-Capacity Metro
1.6 Assumptions and Limitations
1.7 Study Objectives
1.8 Years Considered
2 Global Growth Trends
2.1 Global DC Traction Power Converters for Subways Market Perspective (2020-2031)
2.2 Global DC Traction Power Converters for Subways Growth Trends by Region
2.2.1 Global DC Traction Power Converters for Subways Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 DC Traction Power Converters for Subways Historic Market Size by Region (2020-2025)
2.2.3 DC Traction Power Converters for Subways Forecasted Market Size by Region (2026-2031)
2.3 DC Traction Power Converters for Subways Market Dynamics
2.3.1 DC Traction Power Converters for Subways Industry Trends
2.3.2 DC Traction Power Converters for Subways Market Drivers
2.3.3 DC Traction Power Converters for Subways Market Challenges
2.3.4 DC Traction Power Converters for Subways Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top DC Traction Power Converters for Subways Players by Revenue
3.1.1 Global Top DC Traction Power Converters for Subways Players by Revenue (2020-2025)
3.1.2 Global DC Traction Power Converters for Subways Revenue Market Share by Players (2020-2025)
3.2 Global Top DC Traction Power Converters for Subways Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by DC Traction Power Converters for Subways Revenue
3.4 Global DC Traction Power Converters for Subways Market Concentration Ratio
3.4.1 Global DC Traction Power Converters for Subways Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by DC Traction Power Converters for Subways Revenue in 2024
3.5 Global Key Players of DC Traction Power Converters for Subways Head office and Area Served
3.6 Global Key Players of DC Traction Power Converters for Subways, Product and Application
3.7 Global Key Players of DC Traction Power Converters for Subways, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 DC Traction Power Converters for Subways Breakdown Data by Type
4.1 Global DC Traction Power Converters for Subways Historic Market Size by Type (2020-2025)
4.2 Global DC Traction Power Converters for Subways Forecasted Market Size by Type (2026-2031)
5 DC Traction Power Converters for Subways Breakdown Data by Application
5.1 Global DC Traction Power Converters for Subways Historic Market Size by Application (2020-2025)
5.2 Global DC Traction Power Converters for Subways Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America DC Traction Power Converters for Subways Market Size (2020-2031)
6.2 North America DC Traction Power Converters for Subways Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America DC Traction Power Converters for Subways Market Size by Country (2020-2025)
6.4 North America DC Traction Power Converters for Subways Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe DC Traction Power Converters for Subways Market Size (2020-2031)
7.2 Europe DC Traction Power Converters for Subways Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe DC Traction Power Converters for Subways Market Size by Country (2020-2025)
7.4 Europe DC Traction Power Converters for Subways Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Ireland
8 Asia-Pacific
8.1 Asia-Pacific DC Traction Power Converters for Subways Market Size (2020-2031)
8.2 Asia-Pacific DC Traction Power Converters for Subways Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific DC Traction Power Converters for Subways Market Size by Region (2020-2025)
8.4 Asia-Pacific DC Traction Power Converters for Subways Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia & New Zealand
9 Latin America
9.1 Latin America DC Traction Power Converters for Subways Market Size (2020-2031)
9.2 Latin America DC Traction Power Converters for Subways Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America DC Traction Power Converters for Subways Market Size by Country (2020-2025)
9.4 Latin America DC Traction Power Converters for Subways Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa DC Traction Power Converters for Subways Market Size (2020-2031)
10.2 Middle East & Africa DC Traction Power Converters for Subways Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa DC Traction Power Converters for Subways Market Size by Country (2020-2025)
10.4 Middle East & Africa DC Traction Power Converters for Subways Market Size by Country (2026-2031)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 CRRC Times Electric
11.1.1 CRRC Times Electric Company Details
11.1.2 CRRC Times Electric Business Overview
11.1.3 CRRC Times Electric DC Traction Power Converters for Subways Introduction
11.1.4 CRRC Times Electric Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.1.5 CRRC Times Electric Recent Development
11.2 Siemens Mobility
11.2.1 Siemens Mobility Company Details
11.2.2 Siemens Mobility Business Overview
11.2.3 Siemens Mobility DC Traction Power Converters for Subways Introduction
11.2.4 Siemens Mobility Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.2.5 Siemens Mobility Recent Development
11.3 Hitachi Energy
11.3.1 Hitachi Energy Company Details
11.3.2 Hitachi Energy Business Overview
11.3.3 Hitachi Energy DC Traction Power Converters for Subways Introduction
11.3.4 Hitachi Energy Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.3.5 Hitachi Energy Recent Development
11.4 Baiyun Electric
11.4.1 Baiyun Electric Company Details
11.4.2 Baiyun Electric Business Overview
11.4.3 Baiyun Electric DC Traction Power Converters for Subways Introduction
11.4.4 Baiyun Electric Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.4.5 Baiyun Electric Recent Development
11.5 Toshiba
11.5.1 Toshiba Company Details
11.5.2 Toshiba Business Overview
11.5.3 Toshiba DC Traction Power Converters for Subways Introduction
11.5.4 Toshiba Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.5.5 Toshiba Recent Development
11.6 ABB
11.6.1 ABB Company Details
11.6.2 ABB Business Overview
11.6.3 ABB DC Traction Power Converters for Subways Introduction
11.6.4 ABB Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.6.5 ABB Recent Development
11.7 Eaton
11.7.1 Eaton Company Details
11.7.2 Eaton Business Overview
11.7.3 Eaton DC Traction Power Converters for Subways Introduction
11.7.4 Eaton Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.7.5 Eaton Recent Development
11.8 Zhongzhi Electric
11.8.1 Zhongzhi Electric Company Details
11.8.2 Zhongzhi Electric Business Overview
11.8.3 Zhongzhi Electric DC Traction Power Converters for Subways Introduction
11.8.4 Zhongzhi Electric Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.8.5 Zhongzhi Electric Recent Development
11.9 Daqo Group
11.9.1 Daqo Group Company Details
11.9.2 Daqo Group Business Overview
11.9.3 Daqo Group DC Traction Power Converters for Subways Introduction
11.9.4 Daqo Group Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.9.5 Daqo Group Recent Development
11.10 Rail Power System GmbH
11.10.1 Rail Power System GmbH Company Details
11.10.2 Rail Power System GmbH Business Overview
11.10.3 Rail Power System GmbH DC Traction Power Converters for Subways Introduction
11.10.4 Rail Power System GmbH Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.10.5 Rail Power System GmbH Recent Development
11.11 Keyvia Electric
11.11.1 Keyvia Electric Company Details
11.11.2 Keyvia Electric Business Overview
11.11.3 Keyvia Electric DC Traction Power Converters for Subways Introduction
11.11.4 Keyvia Electric Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.11.5 Keyvia Electric Recent Development
11.12 TOGEE Metro Equipment
11.12.1 TOGEE Metro Equipment Company Details
11.12.2 TOGEE Metro Equipment Business Overview
11.12.3 TOGEE Metro Equipment DC Traction Power Converters for Subways Introduction
11.12.4 TOGEE Metro Equipment Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.12.5 TOGEE Metro Equipment Recent Development
11.13 Sprecher Automation GmbH
11.13.1 Sprecher Automation GmbH Company Details
11.13.2 Sprecher Automation GmbH Business Overview
11.13.3 Sprecher Automation GmbH DC Traction Power Converters for Subways Introduction
11.13.4 Sprecher Automation GmbH Revenue in DC Traction Power Converters for Subways Business (2020-2025)
11.13.5 Sprecher Automation GmbH Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer
List of Tables
 Table 1. Global DC Traction Power Converters for Subways Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of Rectifier
 Table 3. Key Players of Regenerative Braking Energy Feedback Device
 Table 4. Key Players of Regenerative Braking Energy Storage Device
 Table 5. Key Players of Regenerative Braking Energy Absorption Device
 Table 6. Key Players of Other
 Table 7. Global DC Traction Power Converters for Subways Market Size Growth Rate by Control Method (US$ Million): 2020 VS 2024 VS 2031
 Table 8. Key Players of Analog Control Converter
 Table 9. Key Players of Digital Signal Processing (DSP) Control Converter
 Table 10. Key Players of Multi-Core Heterogeneous Control Converter
 Table 11. Key Players of Other
 Table 12. Global DC Traction Power Converters for Subways Market Size Growth Rate by Topology (US$ Million): 2020 VS 2024 VS 2031
 Table 13. Key Players of Two-Level Voltage Source Inverter
 Table 14. Key Players of Three-Level Neutral Point Clamped (NPC) Topology Converter
 Table 15. Key Players of Modular Multilevel Matrix Converter (MMC)
 Table 16. Key Players of Other
 Table 17. Global DC Traction Power Converters for Subways Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 18. Global DC Traction Power Converters for Subways Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 19. Global DC Traction Power Converters for Subways Market Size by Region (2020-2025) & (US$ Million)
 Table 20. Global DC Traction Power Converters for Subways Market Share by Region (2020-2025)
 Table 21. Global DC Traction Power Converters for Subways Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 22. Global DC Traction Power Converters for Subways Market Share by Region (2026-2031)
 Table 23. DC Traction Power Converters for Subways Market Trends
 Table 24. DC Traction Power Converters for Subways Market Drivers
 Table 25. DC Traction Power Converters for Subways Market Challenges
 Table 26. DC Traction Power Converters for Subways Market Restraints
 Table 27. Global DC Traction Power Converters for Subways Revenue by Players (2020-2025) & (US$ Million)
 Table 28. Global DC Traction Power Converters for Subways Market Share by Players (2020-2025)
 Table 29. Global Top DC Traction Power Converters for Subways Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in DC Traction Power Converters for Subways as of 2024)
 Table 30. Ranking of Global Top DC Traction Power Converters for Subways Companies by Revenue (US$ Million) in 2024
 Table 31. Global 5 Largest Players Market Share by DC Traction Power Converters for Subways Revenue (CR5 and HHI) & (2020-2025)
 Table 32. Global Key Players of DC Traction Power Converters for Subways, Headquarters and Area Served
 Table 33. Global Key Players of DC Traction Power Converters for Subways, Product and Application
 Table 34. Global Key Players of DC Traction Power Converters for Subways, Date of Enter into This Industry
 Table 35. Mergers & Acquisitions, Expansion Plans
 Table 36. Global DC Traction Power Converters for Subways Market Size by Type (2020-2025) & (US$ Million)
 Table 37. Global DC Traction Power Converters for Subways Revenue Market Share by Type (2020-2025)
 Table 38. Global DC Traction Power Converters for Subways Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 39. Global DC Traction Power Converters for Subways Revenue Market Share by Type (2026-2031)
 Table 40. Global DC Traction Power Converters for Subways Market Size by Application (2020-2025) & (US$ Million)
 Table 41. Global DC Traction Power Converters for Subways Revenue Market Share by Application (2020-2025)
 Table 42. Global DC Traction Power Converters for Subways Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 43. Global DC Traction Power Converters for Subways Revenue Market Share by Application (2026-2031)
 Table 44. North America DC Traction Power Converters for Subways Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 45. North America DC Traction Power Converters for Subways Market Size by Country (2020-2025) & (US$ Million)
 Table 46. North America DC Traction Power Converters for Subways Market Size by Country (2026-2031) & (US$ Million)
 Table 47. Europe DC Traction Power Converters for Subways Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 48. Europe DC Traction Power Converters for Subways Market Size by Country (2020-2025) & (US$ Million)
 Table 49. Europe DC Traction Power Converters for Subways Market Size by Country (2026-2031) & (US$ Million)
 Table 50. Asia-Pacific DC Traction Power Converters for Subways Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 51. Asia-Pacific DC Traction Power Converters for Subways Market Size by Region (2020-2025) & (US$ Million)
 Table 52. Asia-Pacific DC Traction Power Converters for Subways Market Size by Region (2026-2031) & (US$ Million)
 Table 53. Latin America DC Traction Power Converters for Subways Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 54. Latin America DC Traction Power Converters for Subways Market Size by Country (2020-2025) & (US$ Million)
 Table 55. Latin America DC Traction Power Converters for Subways Market Size by Country (2026-2031) & (US$ Million)
 Table 56. Middle East & Africa DC Traction Power Converters for Subways Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 57. Middle East & Africa DC Traction Power Converters for Subways Market Size by Country (2020-2025) & (US$ Million)
 Table 58. Middle East & Africa DC Traction Power Converters for Subways Market Size by Country (2026-2031) & (US$ Million)
 Table 59. CRRC Times Electric Company Details
 Table 60. CRRC Times Electric Business Overview
 Table 61. CRRC Times Electric DC Traction Power Converters for Subways Product
 Table 62. CRRC Times Electric Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 63. CRRC Times Electric Recent Development
 Table 64. Siemens Mobility Company Details
 Table 65. Siemens Mobility Business Overview
 Table 66. Siemens Mobility DC Traction Power Converters for Subways Product
 Table 67. Siemens Mobility Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 68. Siemens Mobility Recent Development
 Table 69. Hitachi Energy Company Details
 Table 70. Hitachi Energy Business Overview
 Table 71. Hitachi Energy DC Traction Power Converters for Subways Product
 Table 72. Hitachi Energy Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 73. Hitachi Energy Recent Development
 Table 74. Baiyun Electric Company Details
 Table 75. Baiyun Electric Business Overview
 Table 76. Baiyun Electric DC Traction Power Converters for Subways Product
 Table 77. Baiyun Electric Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 78. Baiyun Electric Recent Development
 Table 79. Toshiba Company Details
 Table 80. Toshiba Business Overview
 Table 81. Toshiba DC Traction Power Converters for Subways Product
 Table 82. Toshiba Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 83. Toshiba Recent Development
 Table 84. ABB Company Details
 Table 85. ABB Business Overview
 Table 86. ABB DC Traction Power Converters for Subways Product
 Table 87. ABB Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 88. ABB Recent Development
 Table 89. Eaton Company Details
 Table 90. Eaton Business Overview
 Table 91. Eaton DC Traction Power Converters for Subways Product
 Table 92. Eaton Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 93. Eaton Recent Development
 Table 94. Zhongzhi Electric Company Details
 Table 95. Zhongzhi Electric Business Overview
 Table 96. Zhongzhi Electric DC Traction Power Converters for Subways Product
 Table 97. Zhongzhi Electric Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 98. Zhongzhi Electric Recent Development
 Table 99. Daqo Group Company Details
 Table 100. Daqo Group Business Overview
 Table 101. Daqo Group DC Traction Power Converters for Subways Product
 Table 102. Daqo Group Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 103. Daqo Group Recent Development
 Table 104. Rail Power System GmbH Company Details
 Table 105. Rail Power System GmbH Business Overview
 Table 106. Rail Power System GmbH DC Traction Power Converters for Subways Product
 Table 107. Rail Power System GmbH Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 108. Rail Power System GmbH Recent Development
 Table 109. Keyvia Electric Company Details
 Table 110. Keyvia Electric Business Overview
 Table 111. Keyvia Electric DC Traction Power Converters for Subways Product
 Table 112. Keyvia Electric Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 113. Keyvia Electric Recent Development
 Table 114. TOGEE Metro Equipment Company Details
 Table 115. TOGEE Metro Equipment Business Overview
 Table 116. TOGEE Metro Equipment DC Traction Power Converters for Subways Product
 Table 117. TOGEE Metro Equipment Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 118. TOGEE Metro Equipment Recent Development
 Table 119. Sprecher Automation GmbH Company Details
 Table 120. Sprecher Automation GmbH Business Overview
 Table 121. Sprecher Automation GmbH DC Traction Power Converters for Subways Product
 Table 122. Sprecher Automation GmbH Revenue in DC Traction Power Converters for Subways Business (2020-2025) & (US$ Million)
 Table 123. Sprecher Automation GmbH Recent Development
 Table 124. Research Programs/Design for This Report
 Table 125. Key Data Information from Secondary Sources
 Table 126. Key Data Information from Primary Sources
 Table 127. Authors List of This Report


List of Figures
 Figure 1. DC Traction Power Converters for Subways Picture
 Figure 2. Global DC Traction Power Converters for Subways Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global DC Traction Power Converters for Subways Market Share by Type: 2024 VS 2031
 Figure 4. Rectifier Features
 Figure 5. Regenerative Braking Energy Feedback Device Features
 Figure 6. Regenerative Braking Energy Storage Device Features
 Figure 7. Regenerative Braking Energy Absorption Device Features
 Figure 8. Other Features
 Figure 9. Global DC Traction Power Converters for Subways Market Size Comparison by Control Method (2020-2031) & (US$ Million)
 Figure 10. Analog Control Converter Features
 Figure 11. Digital Signal Processing (DSP) Control Converter Features
 Figure 12. Multi-Core Heterogeneous Control Converter Features
 Figure 13. Other Features
 Figure 14. Global DC Traction Power Converters for Subways Market Size Comparison by Topology (2020-2031) & (US$ Million)
 Figure 15. Two-Level Voltage Source Inverter Features
 Figure 16. Three-Level Neutral Point Clamped (NPC) Topology Converter Features
 Figure 17. Modular Multilevel Matrix Converter (MMC) Features
 Figure 18. Other Features
 Figure 19. Global DC Traction Power Converters for Subways Market Size by Application (2020-2031) & (US$ Million)
 Figure 20. Global DC Traction Power Converters for Subways Market Share by Application: 2024 VS 2031
 Figure 21. High-Capacity Metro Case Studies
 Figure 22. Medium-Capacity Metro Case Studies
 Figure 23. DC Traction Power Converters for Subways Report Years Considered
 Figure 24. Global DC Traction Power Converters for Subways Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 25. Global DC Traction Power Converters for Subways Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 26. Global DC Traction Power Converters for Subways Market Share by Region: 2024 VS 2031
 Figure 27. Global DC Traction Power Converters for Subways Market Share by Players in 2024
 Figure 28. Global DC Traction Power Converters for Subways Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
 Figure 29. The Top 10 and 5 Players Market Share by DC Traction Power Converters for Subways Revenue in 2024
 Figure 30. North America DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. North America DC Traction Power Converters for Subways Market Share by Country (2020-2031)
 Figure 32. United States DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Canada DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. Europe DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Europe DC Traction Power Converters for Subways Market Share by Country (2020-2031)
 Figure 36. Germany DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. France DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. U.K. DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Italy DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 40. Russia DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Ireland DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Asia-Pacific DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Asia-Pacific DC Traction Power Converters for Subways Market Share by Region (2020-2031)
 Figure 44. China DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Japan DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. South Korea DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. Southeast Asia DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 48. India DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 49. Australia & New Zealand DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 50. Latin America DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 51. Latin America DC Traction Power Converters for Subways Market Share by Country (2020-2031)
 Figure 52. Mexico DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 53. Brazil DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 54. Middle East & Africa DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 55. Middle East & Africa DC Traction Power Converters for Subways Market Share by Country (2020-2031)
 Figure 56. Israel DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 57. Saudi Arabia DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 58. UAE DC Traction Power Converters for Subways Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 59. CRRC Times Electric Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 60. Siemens Mobility Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 61. Hitachi Energy Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 62. Baiyun Electric Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 63. Toshiba Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 64. ABB Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 65. Eaton Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 66. Zhongzhi Electric Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 67. Daqo Group Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 68. Rail Power System GmbH Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 69. Keyvia Electric Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 70. TOGEE Metro Equipment Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 71. Sprecher Automation GmbH Revenue Growth Rate in DC Traction Power Converters for Subways Business (2020-2025)
 Figure 72. Bottom-up and Top-down Approaches for This Report
 Figure 73. Data Triangulation
 Figure 74. Key Executives Interviewed
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