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Global Traction Power Systems for Railway Market Research Report 2025
Published Date: September 2025
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Report Code: QYRE-Auto-8H17971
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Global Traction Power Systems for Railway Market Research Report 2024
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Global Traction Power Systems for Railway Market Research Report 2025

Code: QYRE-Auto-8H17971
Report
September 2025
Pages:81
QYResearch
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DESCRIPTION
TABLE OF CONTENT
TABLES & FIGURES

Traction Power Systems for Railway Market Size

The global market for Traction Power Systems for Railway was valued at US$ 8000 million in the year 2024 and is projected to reach a revised size of US$ 10565 million by 2031, growing at a CAGR of 4.0% during the forecast period.

Traction Power Systems for Railway Market

Traction Power Systems for Railway Market

Traction Power Systems for Railway is the foundational infrastructure that delivers a stable, safe, and efficient power supply to rail vehicles. It is widely used across all forms of rail transport, including national railways, urban subways, intercity railways, light rail, and trams. These systems use a traction substation to convert high-voltage electricity from the main grid to the appropriate voltage for train operation. The core of the system includes both AC and DC power supply methods, with key equipment such as transformers, rectifiers, AC/DC switchgear, energy feedback devices, and converters. The 2024 production of Traction Power Systems for Railway was 557 units, with an average price of $15 million per unit.
Traction power systems for railway are core infrastructure ensuring the efficient operation of railways, metros, and light rail transit. With accelerating urbanization and rising demand for low-carbon transportation, this sector is entering a period of steady growth. Future opportunities lie in three key areas: the expansion of global metro and high-speed rail projects driving system demand; the integration of green energy and smart technologies enhancing efficiency, monitoring, and remote management; and increasing infrastructure investments in many countries opening new application spaces.
This report aims to provide a comprehensive presentation of the global market for Traction Power Systems for Railway, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Traction Power Systems for Railway.
The Traction Power Systems for Railway market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Traction Power Systems for Railway 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 Power Systems for Railway 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 Traction Power Systems for Railway Market Report

Report Metric Details
Report Name Traction Power Systems for Railway Market
Accounted market size in year US$ 8000 million
Forecasted market size in 2031 US$ 10565 million
CAGR 4.0%
Base Year year
Forecasted years 2025 - 2031
Segment by Type
  • AC Power Supply
  • DC Power Supply
Segment by Application
  • Train
  • Metro
  • Others
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 Toshiba, Siemens, Mitsubishi Electric, Alstom, Hitachi Energy, Rail Power Systems, ABB, Meidensha, CRRC Corporation, Schneider Electric, NARI Technology, Fuji Electric
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, 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 Traction Power Systems for Railway 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 Traction Power Systems for Railway Market growing?

Ans: The Traction Power Systems for Railway Market witnessing a CAGR of 4.0% during the forecast period 2025-2031.

What is the Traction Power Systems for Railway Market size in 2031?

Ans: The Traction Power Systems for Railway Market size in 2031 will be US$ 10565 million.

Who are the main players in the Traction Power Systems for Railway Market report?

Ans: The main players in the Traction Power Systems for Railway Market are Toshiba, Siemens, Mitsubishi Electric, Alstom, Hitachi Energy, Rail Power Systems, ABB, Meidensha, CRRC Corporation, Schneider Electric, NARI Technology, Fuji Electric

What are the Application segmentation covered in the Traction Power Systems for Railway Market report?

Ans: The Applications covered in the Traction Power Systems for Railway Market report are Train, Metro, Others

What are the Type segmentation covered in the Traction Power Systems for Railway Market report?

Ans: The Types covered in the Traction Power Systems for Railway Market report are AC Power Supply, DC Power Supply

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Traction Power Systems for Railway Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 AC Power Supply
1.2.3 DC Power Supply
1.3 Market by Application
1.3.1 Global Traction Power Systems for Railway Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Train
1.3.3 Metro
1.3.4 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Traction Power Systems for Railway Market Perspective (2020-2031)
2.2 Global Traction Power Systems for Railway Growth Trends by Region
2.2.1 Global Traction Power Systems for Railway Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 Traction Power Systems for Railway Historic Market Size by Region (2020-2025)
2.2.3 Traction Power Systems for Railway Forecasted Market Size by Region (2026-2031)
2.3 Traction Power Systems for Railway Market Dynamics
2.3.1 Traction Power Systems for Railway Industry Trends
2.3.2 Traction Power Systems for Railway Market Drivers
2.3.3 Traction Power Systems for Railway Market Challenges
2.3.4 Traction Power Systems for Railway Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Traction Power Systems for Railway Players by Revenue
3.1.1 Global Top Traction Power Systems for Railway Players by Revenue (2020-2025)
3.1.2 Global Traction Power Systems for Railway Revenue Market Share by Players (2020-2025)
3.2 Global Top Traction Power Systems for Railway Players by Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by Traction Power Systems for Railway Revenue
3.4 Global Traction Power Systems for Railway Market Concentration Ratio
3.4.1 Global Traction Power Systems for Railway Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Traction Power Systems for Railway Revenue in 2024
3.5 Global Key Players of Traction Power Systems for Railway Head office and Area Served
3.6 Global Key Players of Traction Power Systems for Railway, Product and Application
3.7 Global Key Players of Traction Power Systems for Railway, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Traction Power Systems for Railway Breakdown Data by Type
4.1 Global Traction Power Systems for Railway Historic Market Size by Type (2020-2025)
4.2 Global Traction Power Systems for Railway Forecasted Market Size by Type (2026-2031)
5 Traction Power Systems for Railway Breakdown Data by Application
5.1 Global Traction Power Systems for Railway Historic Market Size by Application (2020-2025)
5.2 Global Traction Power Systems for Railway Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America Traction Power Systems for Railway Market Size (2020-2031)
6.2 North America Traction Power Systems for Railway Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America Traction Power Systems for Railway Market Size by Country (2020-2025)
6.4 North America Traction Power Systems for Railway Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Traction Power Systems for Railway Market Size (2020-2031)
7.2 Europe Traction Power Systems for Railway Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe Traction Power Systems for Railway Market Size by Country (2020-2025)
7.4 Europe Traction Power Systems for Railway 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 Traction Power Systems for Railway Market Size (2020-2031)
8.2 Asia-Pacific Traction Power Systems for Railway Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific Traction Power Systems for Railway Market Size by Region (2020-2025)
8.4 Asia-Pacific Traction Power Systems for Railway 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 Traction Power Systems for Railway Market Size (2020-2031)
9.2 Latin America Traction Power Systems for Railway Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America Traction Power Systems for Railway Market Size by Country (2020-2025)
9.4 Latin America Traction Power Systems for Railway Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Traction Power Systems for Railway Market Size (2020-2031)
10.2 Middle East & Africa Traction Power Systems for Railway Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa Traction Power Systems for Railway Market Size by Country (2020-2025)
10.4 Middle East & Africa Traction Power Systems for Railway Market Size by Country (2026-2031)
10.5 Israel
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Toshiba
11.1.1 Toshiba Company Details
11.1.2 Toshiba Business Overview
11.1.3 Toshiba Traction Power Systems for Railway Introduction
11.1.4 Toshiba Revenue in Traction Power Systems for Railway Business (2020-2025)
11.1.5 Toshiba Recent Development
11.2 Siemens
11.2.1 Siemens Company Details
11.2.2 Siemens Business Overview
11.2.3 Siemens Traction Power Systems for Railway Introduction
11.2.4 Siemens Revenue in Traction Power Systems for Railway Business (2020-2025)
11.2.5 Siemens Recent Development
11.3 Mitsubishi Electric
11.3.1 Mitsubishi Electric Company Details
11.3.2 Mitsubishi Electric Business Overview
11.3.3 Mitsubishi Electric Traction Power Systems for Railway Introduction
11.3.4 Mitsubishi Electric Revenue in Traction Power Systems for Railway Business (2020-2025)
11.3.5 Mitsubishi Electric Recent Development
11.4 Alstom
11.4.1 Alstom Company Details
11.4.2 Alstom Business Overview
11.4.3 Alstom Traction Power Systems for Railway Introduction
11.4.4 Alstom Revenue in Traction Power Systems for Railway Business (2020-2025)
11.4.5 Alstom Recent Development
11.5 Hitachi Energy
11.5.1 Hitachi Energy Company Details
11.5.2 Hitachi Energy Business Overview
11.5.3 Hitachi Energy Traction Power Systems for Railway Introduction
11.5.4 Hitachi Energy Revenue in Traction Power Systems for Railway Business (2020-2025)
11.5.5 Hitachi Energy Recent Development
11.6 Rail Power Systems
11.6.1 Rail Power Systems Company Details
11.6.2 Rail Power Systems Business Overview
11.6.3 Rail Power Systems Traction Power Systems for Railway Introduction
11.6.4 Rail Power Systems Revenue in Traction Power Systems for Railway Business (2020-2025)
11.6.5 Rail Power Systems Recent Development
11.7 ABB
11.7.1 ABB Company Details
11.7.2 ABB Business Overview
11.7.3 ABB Traction Power Systems for Railway Introduction
11.7.4 ABB Revenue in Traction Power Systems for Railway Business (2020-2025)
11.7.5 ABB Recent Development
11.8 Meidensha
11.8.1 Meidensha Company Details
11.8.2 Meidensha Business Overview
11.8.3 Meidensha Traction Power Systems for Railway Introduction
11.8.4 Meidensha Revenue in Traction Power Systems for Railway Business (2020-2025)
11.8.5 Meidensha Recent Development
11.9 CRRC Corporation
11.9.1 CRRC Corporation Company Details
11.9.2 CRRC Corporation Business Overview
11.9.3 CRRC Corporation Traction Power Systems for Railway Introduction
11.9.4 CRRC Corporation Revenue in Traction Power Systems for Railway Business (2020-2025)
11.9.5 CRRC Corporation Recent Development
11.10 Schneider Electric
11.10.1 Schneider Electric Company Details
11.10.2 Schneider Electric Business Overview
11.10.3 Schneider Electric Traction Power Systems for Railway Introduction
11.10.4 Schneider Electric Revenue in Traction Power Systems for Railway Business (2020-2025)
11.10.5 Schneider Electric Recent Development
11.11 NARI Technology
11.11.1 NARI Technology Company Details
11.11.2 NARI Technology Business Overview
11.11.3 NARI Technology Traction Power Systems for Railway Introduction
11.11.4 NARI Technology Revenue in Traction Power Systems for Railway Business (2020-2025)
11.11.5 NARI Technology Recent Development
11.12 Fuji Electric
11.12.1 Fuji Electric Company Details
11.12.2 Fuji Electric Business Overview
11.12.3 Fuji Electric Traction Power Systems for Railway Introduction
11.12.4 Fuji Electric Revenue in Traction Power Systems for Railway Business (2020-2025)
11.12.5 Fuji Electric 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 Traction Power Systems for Railway Market Size Growth Rate by Type (US$ Million): 2020 VS 2024 VS 2031
 Table 2. Key Players of AC Power Supply
 Table 3. Key Players of DC Power Supply
 Table 4. Global Traction Power Systems for Railway Market Size Growth by Application (US$ Million): 2020 VS 2024 VS 2031
 Table 5. Global Traction Power Systems for Railway Market Size by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 6. Global Traction Power Systems for Railway Market Size by Region (2020-2025) & (US$ Million)
 Table 7. Global Traction Power Systems for Railway Market Share by Region (2020-2025)
 Table 8. Global Traction Power Systems for Railway Forecasted Market Size by Region (2026-2031) & (US$ Million)
 Table 9. Global Traction Power Systems for Railway Market Share by Region (2026-2031)
 Table 10. Traction Power Systems for Railway Market Trends
 Table 11. Traction Power Systems for Railway Market Drivers
 Table 12. Traction Power Systems for Railway Market Challenges
 Table 13. Traction Power Systems for Railway Market Restraints
 Table 14. Global Traction Power Systems for Railway Revenue by Players (2020-2025) & (US$ Million)
 Table 15. Global Traction Power Systems for Railway Market Share by Players (2020-2025)
 Table 16. Global Top Traction Power Systems for Railway Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Traction Power Systems for Railway as of 2024)
 Table 17. Ranking of Global Top Traction Power Systems for Railway Companies by Revenue (US$ Million) in 2024
 Table 18. Global 5 Largest Players Market Share by Traction Power Systems for Railway Revenue (CR5 and HHI) & (2020-2025)
 Table 19. Global Key Players of Traction Power Systems for Railway, Headquarters and Area Served
 Table 20. Global Key Players of Traction Power Systems for Railway, Product and Application
 Table 21. Global Key Players of Traction Power Systems for Railway, Date of Enter into This Industry
 Table 22. Mergers & Acquisitions, Expansion Plans
 Table 23. Global Traction Power Systems for Railway Market Size by Type (2020-2025) & (US$ Million)
 Table 24. Global Traction Power Systems for Railway Revenue Market Share by Type (2020-2025)
 Table 25. Global Traction Power Systems for Railway Forecasted Market Size by Type (2026-2031) & (US$ Million)
 Table 26. Global Traction Power Systems for Railway Revenue Market Share by Type (2026-2031)
 Table 27. Global Traction Power Systems for Railway Market Size by Application (2020-2025) & (US$ Million)
 Table 28. Global Traction Power Systems for Railway Revenue Market Share by Application (2020-2025)
 Table 29. Global Traction Power Systems for Railway Forecasted Market Size by Application (2026-2031) & (US$ Million)
 Table 30. Global Traction Power Systems for Railway Revenue Market Share by Application (2026-2031)
 Table 31. North America Traction Power Systems for Railway Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 32. North America Traction Power Systems for Railway Market Size by Country (2020-2025) & (US$ Million)
 Table 33. North America Traction Power Systems for Railway Market Size by Country (2026-2031) & (US$ Million)
 Table 34. Europe Traction Power Systems for Railway Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 35. Europe Traction Power Systems for Railway Market Size by Country (2020-2025) & (US$ Million)
 Table 36. Europe Traction Power Systems for Railway Market Size by Country (2026-2031) & (US$ Million)
 Table 37. Asia-Pacific Traction Power Systems for Railway Market Size Growth Rate by Region (US$ Million): 2020 VS 2024 VS 2031
 Table 38. Asia-Pacific Traction Power Systems for Railway Market Size by Region (2020-2025) & (US$ Million)
 Table 39. Asia-Pacific Traction Power Systems for Railway Market Size by Region (2026-2031) & (US$ Million)
 Table 40. Latin America Traction Power Systems for Railway Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 41. Latin America Traction Power Systems for Railway Market Size by Country (2020-2025) & (US$ Million)
 Table 42. Latin America Traction Power Systems for Railway Market Size by Country (2026-2031) & (US$ Million)
 Table 43. Middle East & Africa Traction Power Systems for Railway Market Size Growth Rate by Country (US$ Million): 2020 VS 2024 VS 2031
 Table 44. Middle East & Africa Traction Power Systems for Railway Market Size by Country (2020-2025) & (US$ Million)
 Table 45. Middle East & Africa Traction Power Systems for Railway Market Size by Country (2026-2031) & (US$ Million)
 Table 46. Toshiba Company Details
 Table 47. Toshiba Business Overview
 Table 48. Toshiba Traction Power Systems for Railway Product
 Table 49. Toshiba Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 50. Toshiba Recent Development
 Table 51. Siemens Company Details
 Table 52. Siemens Business Overview
 Table 53. Siemens Traction Power Systems for Railway Product
 Table 54. Siemens Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 55. Siemens Recent Development
 Table 56. Mitsubishi Electric Company Details
 Table 57. Mitsubishi Electric Business Overview
 Table 58. Mitsubishi Electric Traction Power Systems for Railway Product
 Table 59. Mitsubishi Electric Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 60. Mitsubishi Electric Recent Development
 Table 61. Alstom Company Details
 Table 62. Alstom Business Overview
 Table 63. Alstom Traction Power Systems for Railway Product
 Table 64. Alstom Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 65. Alstom Recent Development
 Table 66. Hitachi Energy Company Details
 Table 67. Hitachi Energy Business Overview
 Table 68. Hitachi Energy Traction Power Systems for Railway Product
 Table 69. Hitachi Energy Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 70. Hitachi Energy Recent Development
 Table 71. Rail Power Systems Company Details
 Table 72. Rail Power Systems Business Overview
 Table 73. Rail Power Systems Traction Power Systems for Railway Product
 Table 74. Rail Power Systems Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 75. Rail Power Systems Recent Development
 Table 76. ABB Company Details
 Table 77. ABB Business Overview
 Table 78. ABB Traction Power Systems for Railway Product
 Table 79. ABB Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 80. ABB Recent Development
 Table 81. Meidensha Company Details
 Table 82. Meidensha Business Overview
 Table 83. Meidensha Traction Power Systems for Railway Product
 Table 84. Meidensha Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 85. Meidensha Recent Development
 Table 86. CRRC Corporation Company Details
 Table 87. CRRC Corporation Business Overview
 Table 88. CRRC Corporation Traction Power Systems for Railway Product
 Table 89. CRRC Corporation Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 90. CRRC Corporation Recent Development
 Table 91. Schneider Electric Company Details
 Table 92. Schneider Electric Business Overview
 Table 93. Schneider Electric Traction Power Systems for Railway Product
 Table 94. Schneider Electric Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 95. Schneider Electric Recent Development
 Table 96. NARI Technology Company Details
 Table 97. NARI Technology Business Overview
 Table 98. NARI Technology Traction Power Systems for Railway Product
 Table 99. NARI Technology Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 100. NARI Technology Recent Development
 Table 101. Fuji Electric Company Details
 Table 102. Fuji Electric Business Overview
 Table 103. Fuji Electric Traction Power Systems for Railway Product
 Table 104. Fuji Electric Revenue in Traction Power Systems for Railway Business (2020-2025) & (US$ Million)
 Table 105. Fuji Electric Recent Development
 Table 106. Research Programs/Design for This Report
 Table 107. Key Data Information from Secondary Sources
 Table 108. Key Data Information from Primary Sources
 Table 109. Authors List of This Report


List of Figures
 Figure 1. Traction Power Systems for Railway Picture
 Figure 2. Global Traction Power Systems for Railway Market Size Comparison by Type (2020-2031) & (US$ Million)
 Figure 3. Global Traction Power Systems for Railway Market Share by Type: 2024 VS 2031
 Figure 4. AC Power Supply Features
 Figure 5. DC Power Supply Features
 Figure 6. Global Traction Power Systems for Railway Market Size by Application (2020-2031) & (US$ Million)
 Figure 7. Global Traction Power Systems for Railway Market Share by Application: 2024 VS 2031
 Figure 8. Train Case Studies
 Figure 9. Metro Case Studies
 Figure 10. Others Case Studies
 Figure 11. Traction Power Systems for Railway Report Years Considered
 Figure 12. Global Traction Power Systems for Railway Market Size (US$ Million), Year-over-Year: 2020-2031
 Figure 13. Global Traction Power Systems for Railway Market Size, (US$ Million), 2020 VS 2024 VS 2031
 Figure 14. Global Traction Power Systems for Railway Market Share by Region: 2024 VS 2031
 Figure 15. Global Traction Power Systems for Railway Market Share by Players in 2024
 Figure 16. Global Traction Power Systems for Railway Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
 Figure 17. The Top 10 and 5 Players Market Share by Traction Power Systems for Railway Revenue in 2024
 Figure 18. North America Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 19. North America Traction Power Systems for Railway Market Share by Country (2020-2031)
 Figure 20. United States Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 21. Canada Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 22. Europe Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 23. Europe Traction Power Systems for Railway Market Share by Country (2020-2031)
 Figure 24. Germany Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 25. France Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 26. U.K. Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 27. Italy Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 28. Russia Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 29. Ireland Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 30. Asia-Pacific Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 31. Asia-Pacific Traction Power Systems for Railway Market Share by Region (2020-2031)
 Figure 32. China Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 33. Japan Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 34. South Korea Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 35. Southeast Asia Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 36. India Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 37. Australia & New Zealand Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 38. Latin America Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 39. Latin America Traction Power Systems for Railway Market Share by Country (2020-2031)
 Figure 40. Mexico Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 41. Brazil Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 42. Middle East & Africa Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 43. Middle East & Africa Traction Power Systems for Railway Market Share by Country (2020-2031)
 Figure 44. Israel Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 45. Saudi Arabia Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 46. UAE Traction Power Systems for Railway Market Size YoY Growth (2020-2031) & (US$ Million)
 Figure 47. Toshiba Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 48. Siemens Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 49. Mitsubishi Electric Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 50. Alstom Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 51. Hitachi Energy Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 52. Rail Power Systems Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 53. ABB Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 54. Meidensha Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 55. CRRC Corporation Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 56. Schneider Electric Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 57. NARI Technology Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 58. Fuji Electric Revenue Growth Rate in Traction Power Systems for Railway Business (2020-2025)
 Figure 59. Bottom-up and Top-down Approaches for This Report
 Figure 60. Data Triangulation
 Figure 61. Key Executives Interviewed
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