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Rolling Stock Power Conversion Systems Market - Market Size & Forecasting (2017-2028)

  • ID: 5447930
  • Report
  • March 2021
  • Region: Global
  • 162 Pages
  • Quince Market Insights

FEATURED COMPANIES

  • Abb
  • Alstom
  • Hitachi Corporation
  • Kiepe Electric GmbH
  • Niigata Transys Co. Ltd
  • Siemens Ag.
The rolling stock power conversion system market was projected worth Euro 3,168.3 million in 2020 and it is expected to grow at a CAGR of 2.0% over the forecast period. The detailed summary, as well as the report documentation of the Global rolling stock power conversion system market, consists of the market segmentation, market size, market position, competitive economy, regional as well as national market prices, optimization of the value chain, sales research, the impact of the global market player, trade policy, market strategic, growth latest trends, analysis of opportunity as well as optimization of the value chain.

The market research report provides market value, the share of the market execution, quantitative and qualitative analysis and product growth trends study for estimating the micro and macroeconomic factors that can affect the growth road map. The global demand in the rolling stock power conversion system market was estimated over the forecast period. Not only this but also the study consists of the latest industry development such as restriction, growth factors and the market news.

Factors such as increased budget allocation for railway development and a rise in the trend of using railways as a mode of public transportation are driving market expansion for rolling stock power conversion systems. Furthermore, improvements in railway infrastructure in emerging nations are likely to open up several potential for the rolling stock power conversion system market to grow and expand.

Continuous advancements in the rail industry have resulted in the construction of better and more efficient power conversion systems, boosting market growth. Different firms have made numerous breakthroughs, such as the invention of the insulated gate bipolar transistor (IGBT), gate turn-off thyristor (GTO), and silicon carbide, for use in rolling stock power conversion systems.

The Global market share analysis provides in-depth insights into the international market like competitive environmental assessment, development trends, as well as the highest growth status of the region. Not only this but also the study contains the regulation as well as development ideas along with the overview of manufacturing processes and price structure.

Regional Analysis


The market research report studies the proliferation of the Global rolling stock power conversion system market in certain Nations such as Italy, France, the USA, Mexico, Japan, Brazil, Russia, Canada, Germany, South Korea, the UK and Southeast Asia. The report also performs meticulous evolution of the region like Europe, North America, Middle East and Africa, Asia Pacific and Latin America.

North America, Asia Pacific, the Middle East, Western Europe, Eastern Europe, and the Rest of the World are the segments of this market. The Asia Pacific rolling stock power conversion system market was projected worth Euro 885.85 million in 2020 and it is expected to exhibit a CAGR of 2.6% during the forecast period.

The report sheds light on the parties that operate with the Intellectual Property Rights, supply chain, technical information of the products and services. Not only this but also the study providing details about the market which are not easily accessible understandable by the common man which can help the market participants make useful decisions. The report also provides certain other information that can shape the revenue potential of the rolling stock power conversion system market. The report offers an in-depth analysis of the demand as well as consumption patterns of the customers in the global rolling stock power conversion system market offers a region-wise examination for a detailed analysis.

Global rolling stock power conversion system market Key Highlights

  • Compound Annual Growth Rate of the rolling stock power conversion system market over the forecast period estimating the return on investment.
  • Analysis of the global rolling stock power conversion system market share and market size by volume and by value, the contribution of the parent market in the global rolling stock power conversion system market.
  • In-depth analysis of the growth factors which will help the market participants to grow within the upcoming years with its full potential.
  • Customer behavior related to the upcoming and current market trends.
  • Assessment of the competitive market landscape as well as insights on the product picture and specifications, new product launches, and technology integration boosting growth by the key vendors in the rolling stock power conversion system market.

The market research report also tracks competition data like market growth targets and alliances. The report also provides complete knowledge about the impact of the change on society and consumer. Analysis of the pricing patterns and the product portfolio of the leading manufacturers that allow the new participants in the rolling stock power conversion system market to know about the cost prices. The report also shed light on the fundamental perspective of the business economy, countries with huge growth, industry variations as well as limitations.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abb
  • Alstom
  • Hitachi Corporation
  • Kiepe Electric GmbH
  • Niigata Transys Co. Ltd
  • Siemens Ag.
1 Market Abstract

2 Market Introduction
2.1 Market Scope
2.2 Key Definitions-Content
2.2.1 Rolling Stock
2.2.2 Rolling Stock Power Conversion System
2.2.3 Alternating Current (Ac)
2.2.4 Direct Current (Ac)
2.2.5 Auxiliary Power Unit (Apu)
2.2.6 Power Converter
2.2.7 Insulated Gate Bipolar Transistor
2.2.8 Gate Turn-Off Othyristor (Gto)
2.2.9 Diesel Multiple Unit (Dmu)

3. Research Practice
3.1 Research Practice
3.1.1 Supply Based Analysis
3.1.2 Demand Based Analysis
3.1.3 Global Level Analysis
3.1.4 Country Level Analysis
3.1.5 Triangulation
3.2 Primary Data
3.3 Secondary Data
3.4 Market Evaluation & Forecasting Methodology
3.5 Assumptions/ Limitations for the Study
3.6 What this Study Provides
3.7 Key Questions Answered by this Report
3.8 this Study is Intended For

4 Key Related Data
4.1 Competitive Positioning
4.1.1 Product Positioning
4.1.2 Regional Reach Positioning
4.2 Covid- 19 Impact on Rolling Stock Power Conversion System Market
4.2.1 U.S.
4.2.2 China
4.2.3 Japan
4.2.4 India
4.2.5 Germany
4.3 Major Investments in Last Five Years by Global Players
4.4 Standards & Regulations
4.5 Key Industry Trends in Major Countries
4.5.1 U.S.
4.5.2 India
4.5.3 Japan
4.5.4 China
4.5.5 UK
4.6 Technological Advancement in Power Conversion Systems for Rolling Stock Applications
4.6.1 Battery Recharging: Europe Welcomes Its First Battery-Operated Trains
4.6.2 Hybrid-Electric Trains: Rolls-Royce and Porterbrook to Trial New Tech
4.6.3 Low‐Voltage, High‐Current System
4.7 Analysis of Different Products
4.7.1 Auxiliary Power Supply Units
4.7.2 Power Converters
4.7.3 Power Inverters
4.8 Analysis of Different After Market Services
4.8.1 Maintenance
4.8.2 Repair

5 Impact Factor Analysis
5.1 Micro Economic Pointers
5.1.1 New Technology Leading to Lower Average Business Costs.
5.1.2 Economic Growth
5.1.3 Enhanced the Globalization Process.
5.1.4 Speed Up Communication
5.2 Macro Economic Pointers
5.3 Porter's Five Forces Model
5.3.1 Bargaining Power of Buyers: (Low)
5.3.2 Bargaining Power of Suppliers: (Moderate to High)
5.3.3 Intensity of Rivalry: (Moderate to High)
5.3.4 Threat of New Entrants: (Moderate)
5.3.5 Threat of Substitutes: (Moderate)

6 Market Development Analysis
6.1 Overview
6.2 New Product Development / Product Launch (2015-2020)
6.3 Expansion (2015-2020)
6.4 Agreements, Partnership & Collaborations (2015-2020)

7 Rolling Stock Power Conversion Systems Market,
By Technology
7.1 Introduction
7.2 Gate Turn-Off Thyristor (Gto)
7.3 Insulated Gate Bipolar Transistor (Igbt)
7.4 Silicon Carbide (Sic)

8 Rolling Stock Power Conversion Systems Market,
By Components
8.1 Introduction
8.2 Power Invertors & Convertor
8.3 Rectifier
8.4 Auxiliary Power Unit (Apu)

9 Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type
9.1 Introduction
9.2 Locomotives
9.3 Passenger Coaches
9.4 Metros
9.5 Dmu (Diesel Multiple Unit)
9.6 Trams
9.7 Monorails
9.8 Vmu (Vehicle Maintenance Unit)

10 Rolling Stock Power Conversion Systems Market,
Regional Analysis
10.1 Introduction
10.2 Asia-Pacific
10.2.1 China
10.2.2 Japan
10.2.3 India
10.2.4 South Korea
10.2.5 Australia
10.2.6 Taiwan
10.2.7 Malaysia
10.2.8 Rest of Asia-Pacific
10.3 Western Europe
10.3.1 Germany
10.3.2 UK
10.3.3 France
10.3.4 Italy
10.3.5 Spain
10.3.6 Rest of Western Europe
10.4 North America
10.4.1 U.S.
10.4.2 Canada
10.4.3 Mexico
10.5 Eastern Europe
10.5.1 Russia
10.5.2 Poland
10.5.3 Turkey
10.5.4 Rest of Eastern Europe
10.6 Middle East
10.6.1 Uae
10.6.2 Saudi Arabia
10.6.3 Iran
10.6.4 Qatar
10.6.5 Rest of Middle East
10.7 Rest of World
10.7.1 South America
10.7.2 Africa

11 Company Profile
11.1.1 Company Overview
11.1.2 Crrc Corporation Ltd: Financial Overview
11.1.3 Crrc Corporation Ltd: Product Overview
11.2 Toshiba Corporation
11.2.1 Company Overview
11.2.2 Toshiba Corporatio: Financial Overview
11.2.3 Toshiba Corporation: Product Overview
11.3 Kiepe Electric GmbH
11.3.1 Company Overview
11.3.2 Kiepe Electric Gmbh: Financial Overview
11.3.3 Kiepe Electric Gmbh: Product Overview
11.3.4 Kiepe Electric Gmbh: Key Developments (2015-2020)
11.4 Mitsubishi Electric Corporation
11.4.1 Company Overview
11.4.2 Mitsubishi Electric Corporation: Financial Overview
11.4.3 Mitsubishi Electric Corporation: Product Overview
11.4.4 Mitsubishi Electric Corporation: Key Developments (2015-2020)
11.5 Wabtec Corporation
11.5.1 Company Overview
11.5.2 Wabtec Corporation: Financial Overview
11.5.3 Wabtec Corporation.: Product Overview
11.5.4 Wabtec Corporation.: SWOT Analysis
11.5.5 Wabtec Corporation.: Key Developments (2015-2020)
11.6 Thales
11.6.1 Company Overview
11.6.2 Thales: Financial Overview
11.6.3 Thales: SWOT Analysis
11.6.4 Thales: Product Overview
11.6.5 Thales: Key Developments (2015-2020)
11.7 Strukton
11.7.1 Company Overview
11.7.2 Strukton: Financial Overview
11.7.3 Strukton: SWOT Analysis
11.7.4 Strukton: Product Overview
11.7.5 Strukton: Key Developments (2015-2020)
11.8 Hitachi Corporation
11.8.1 Company Overview
11.8.2 Hitachi Corporation: Financial Overview
11.8.3 Hitachi Corporation: Product Overview
11.8.4 Hitachi Corporation: SWOT Analysis
11.9 Abb
11.9.1 Company Overview
11.9.2 Abb: Financial Overview
11.9.3 Abb: Product Overview
11.10 Siemens Ag.
11.10.1 Company Overview
11.10.2 Siemens Ag.: Financial Overview
11.10.3 Siemens Ag: Product Overview
11.10.4 Siemens Ag.: Key Developments (2017-2020)
11.11 Alstom
11.11.1 Company Overview
11.11.2 Alstom: Financial Overview
11.11.3 Alstom: Product Overview
11.11.4 Alstom: SWOT Analysis
11.11.5 Alstom: Key Developments (2020-2021)
11.12 Turbo Power System
11.12.1 Company Overview
11.12.2 Turbo Power System: Product Overview
11.13 Dinghan Smart Railway Technology GmbH
11.13.1 Company Overview
11.13.2 Dinghan Smart Railway Technology Gmbh: Product Overview
11.14 Medcom
11.14.1 Company Overview
11.14.2 Medcom: Product Overview
11.14.3 Medcom: Key Developments (2015-2020)
11.15 Hyundai Rotem Company
11.15.1 Company Overview
11.15.2 Hyundai Rotem Company: Product Overview
11.15.3 Hyundai Rotem Company: Key Developments (2015-2020)
11.16 Niigata Transys Co. Ltd
11.16.1 Company Overview
11.16.2 Niigata Transys Co, Ltd : Product Overview
11.17 Škoda Transportation A.S
11.17.1 Company Overview
11.17.2 Škoda Transportation A.S: Product Overview
11.17.3 Škoda Transportation A.S: Key Developments (2015-2020)
11.18 Aeg Power Solutions
11.18.1 Company Overview
11.18.2 Aeg Power Solutions: Product Overview
11.19 Recom
11.19.1 Company Overview
11.19.2 Recom: Product Overview
11.19.3 Recom: Key Developments (2015-2020)

12 Appendix
12.1 List of Abbreviation
12.2 Key Related Reports

List of Tables
Table 1 New Product Development / Product Launch (2015-2020)
Table 2 Expansion (2015-2020)
Table 3 Agreements, Partnership & Collaborations (2015-2020)
Table 4 Rolling Stock Power Conversion Systems Market, by Technology -
Under Covid-19 (Euro Million) 2017-2028
Table 5 Rolling Stock Power Conversion Systems Market, by Technology -
(Euro Million) 2017-2028
Table 6 Gate Turn-Off Thyristor (Gto) Market, by Region -Under Covid-
(Euro Million) 2017-2028
Table 7 Gate Turn-Off Thyristor (Gto) Market, by Region (Euro Million) 2017-2028
Table 8 Insulated Gate Bipolar Transistor (Igbt) Market, by Region -Under Covid-
(Euro Million) 2017-2028
Table 9 Insulated Gate Bipolar Transistor (Igbt) Market, by Region (Euro Million)
2017-2028
Table 10 Silicon Carbide (Sic) Market, by Region -Under Covid-19 (Euro Million)
2017-2028
Table 11 Silicon Carbide (Sic) Market, by Region (Euro Million) 2017-2028
Table 12 Rolling Stock Power Conversion Systems Market, by Components -
Under Covid-19 (Euro Million) 2017-2028
Table 13 Rolling Stock Power Conversion Systems Market, by Components -
(Euro Million) 2017-2028
Table 14 Power Invertors & Convertor Market, by Region -Under Covid-
(Euro Million) 2017-2028
Table 15 Power Invertors & Convertor Market, by Region (Euro Million) 2017-2028
Table 16 Rectifier Market, by Region -Under Covid-19 (Euro Million) 2017-2028
Table 17 Rectifier Market, by Region (Euro Million) 2017-2028
Table 18 Auxiliary Power Unit (Apu) Market, by Region -Under Covid-19 (Euro Million)
2017-2028
Table 19 Auxiliary Power Unit (Apu) Market, by Region (Euro Million) 2017-2028
Table 20 Rolling Stock Power Conversion Systems Market, by Rolling Stock Type -
Under Covid-19 (Euro Million) 2017-2028
Table 21 Rolling Stock Power Conversion Systems Market, by Rolling Stock Type -
(Euro Million) 2017-2028
Table 22 Locomotives Market, by Region -Under Covid-19 (Euro Million) 2017-2028
Table 23 Locomotives Market, by Region (Euro Million) 2017-2028
Table 24 Passenger Coaches Market, by Region -Under Covid-19 (Euro Million) 2017-2028
Table 25 Passenger Coaches Market, by Region (Euro Million) 2017-2028
Table 26 Metros Market, by Region -Under Covid-19 (Euro Million) 2017-2028
Table 27 Metros Market, by Region (Euro Million) 2017-2028
Table 28 Dmu (Diesel Multiple Unit) Market, by Region -Under Covid-
(Euro Million) 2017-2028
Table 29 Dmu (Diesel Multiple Unit) Market, by Region (Euro Million) 2017-2028
Table 30 Trams Market, by Region -Under Covid-19 (Euro Million) 2017-2028
Table 31 Trams Market, by Region (Euro Million) 2017-2028
Table 32 Monorails Market, by Region -Under Covid-19 (Euro Million) 2017-2028
Table 33 Monorails Market, by Region (Euro Million) 2017-2028
Table 34 Vmu (Vehicle Maintenance Unit) Market, by Region -Under Covid-19 (Euro Million)
2017-2028
Table 35 Vmu (Vehicle Maintenance Unit) Market, by Region (Euro Million) 2017-2028
Table 36 Rolling Stock Power Conversion Systems Market, by Region- Under Covid-
(Euro Million) 2017-2028
Table 37 Rolling Stock Power Conversion Systems Market, by Region
(Euro Million) 2017-2028
Table 38 Asia-Pacific Rolling Stock Power Conversion Systems Market, by Country -
Under Covid-19 (Euro Million) 2017-2028
Table 39 Asia-Pacific Rolling Stock Power Conversion Systems Market, by Country
(Euro Million) 2017-2028
Table 40 Asia-Pacific Rolling Stock Power Conversion Systems Market, by Technology -
Under Covid-19 (Euro Million) 2017-2028
Table 41 Asia-Pacific Rolling Stock Power Conversion Systems Market,
By Technology - (Euro Million) 2017-2028
Table 42 Asia-Pacific Rolling Stock Power Conversion Systems Market, by Components -
Under Covid-19 (Euro Million) 2017-2028
Table 43 Asia-Pacific Rolling Stock Power Conversion Systems Market, by Components -
(Euro Million) 2017-2028
Table 44 Asia-Pacific Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - Under Covid-19 (Euro Million) 2017-2028
Table 45 Asia-Pacific Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - (Euro Million) 2017-2028
Table 46 Western Europe Rolling Stock Power Conversion Systems Market,
By Country - Under Covid-19 (Euro Million) 2017-2028
Table 47 Western Europe Rolling Stock Power Conversion Systems Market,
By Country (Euro Million) 2017-2028
Table 48 Western Europe Rolling Stock Power Conversion Systems Market,
By Technology - Under Covid-19 (Euro Million) 2017-2028
Table 49 Western Europe Rolling Stock Power Conversion Systems Market,
By Technology - (Euro Million) 2017-2028
Table 50 Western Europe Rolling Stock Power Conversion Systems Market,
By Components - Under Covid-19 (Euro Million) 2017-2028
Table 51 Western Europe Rolling Stock Power Conversion Systems Market,
By Components - (Euro Million) 2017-2028
Table 52 Western Europe Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - Under Covid-19 (Euro Million) 2017-2028
Table 53 Western Europe Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - (Euro Million) 2017-2028
Table 54 North America Rolling Stock Power Conversion Systems Market,
By Country - Under Covid-19 (Euro Million) 2017-2028
Table 55 North America Rolling Stock Power Conversion Systems Market,
By Country (Euro Million) 2017-2028
Table 56 North America Rolling Stock Power Conversion Systems Market,
By Technology - Under Covid-19 (Euro Million) 2017-2028
Table 57 North America Rolling Stock Power Conversion Systems Market,
By Technology - (Euro Million) 2017-2028
Table 58 North America Rolling Stock Power Conversion Systems Market,
By Components - Under Covid-19 (Euro Million) 2017-2028
Table 59 North America Rolling Stock Power Conversion Systems Market,
By Components - (Euro Million) 2017-2028
Table 60 North America Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - Under Covid-19 (Euro Million) 2017-2028
Table 61 North America Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - (Euro Million) 2017-2028
Table 62 Eastern Europe Rolling Stock Power Conversion Systems Market,
By Country -Under Covid-19 (Euro Million) 2017-2028
Table 63 Eastern Europe Rolling Stock Power Conversion Systems Market,
By Country (Euro Million) 2017-2028
Table 64 Eastern Europe Rolling Stock Power Conversion Systems Market,
By Technology - Under Covid-19 (Euro Million) 2017-2028
Table 65 Eastern Europe Rolling Stock Power Conversion Systems Market,
By Technology - (Euro Million) 2017-2028
Table 66 Eastern Europe Rolling Stock Power Conversion Systems Market,
By Components - Under Covid-19 (Euro Million) 2017-2028
Table 67 Eastern Europe Rolling Stock Power Conversion Systems Market,
By Components - (Euro Million) 2017-2028
Table 68 Eastern Europe Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - Under Covid-19 (Euro Million) 2017-2028
Table 69 Eastern Europe Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - (Euro Million) 2017-2028
Table 70 Middle East Rolling Stock Power Conversion Systems Market,
By Country-Under Covid-19 (Euro Million) 2017-2028
Table 71 Middle East Rolling Stock Power Conversion Systems Market,
By Country (Euro Million) 2017-2028
Table 72 Middle East Rolling Stock Power Conversion Systems Market,
By Technology - Under Covid-19 (Euro Million) 2017-2028
Table 73 Middle East Rolling Stock Power Conversion Systems Market,
By Technology - (Euro Million) 2017-2028
Table 74 Middle East Rolling Stock Power Conversion Systems Market,
By Components - Under Covid-19 (Euro Million) 2017-2028
Table 75 Middle East Rolling Stock Power Conversion Systems Market,
By Components - (Euro Million) 2017-2028
Table 76 Middle East Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - Under Covid-19 (Euro Million) 2017-2028
Table 77 Middle East Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - (Euro Million) 2017-2028
Table 78 Rest of World Rolling Stock Power Conversion Systems Market,
By Country-Under Covid-19 (Euro Million) 2017-2028
Table 79 Rest of World Rolling Stock Power Conversion Systems Market,
By Country (Euro Million) 2017-2028
Table 80 Rest of World Rolling Stock Power Conversion Systems Market,
By Technology - Under Covid-19 (Euro Million) 2017-2028
Table 81 Rest of World Rolling Stock Power Conversion Systems Market,
By Technology - (Euro Million) 2017-2028
Table 82 Rest of World Rolling Stock Power Conversion Systems Market,
By Components - Under Covid-19 (Euro Million) 2017-2028
Table 83 Rest of World Rolling Stock Power Conversion Systems Market,
By Components - (Euro Million) 2017-2028
Table 84 Rest of World Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - Under Covid-19 (Euro Million) 2017-2028
Table 85 Rest of World Rolling Stock Power Conversion Systems Market,
By Rolling Stock Type - (Euro Million) 2017-2028

List of Figures
Figure 1 Rolling Stock Power Conversion Systems Market: by Components, 2020 & 2028
Figure 2 Rolling Stock Power Conversion Systems Market: by Rolling Stock Type,
2020 & 2028
Figure 3 Rolling Stock Power Conversion Systems Market: by Region, 2017-2028
Figure 4 Rolling Stock Power Conversion Systems Market - Market Scope
Figure 5 Rolling Stock Power Conversion Systems Market -Research Practice
Figure 6 Rolling Stock Power Conversion Systems Market -Research Methodology
Figure 7 Rolling Stock Power Conversion Systems Market -Primary And
Secondary Research
Figure 8 Product Positioning Technology, Components, & Rolling Stock Type
Figure 9 Regional Reach Positioning
Figure 10 Porter's Five Forces Model- Rolling Stock Power Conversion Systems Market
Figure 11 Rolling Stock Power Conversion Systems Market, by Technology2017-2028
Figure 12 Rolling Stock Power Conversion Systems Market, by Components 2017-2028
Figure 13 Rolling Stock Power Conversion Systems Market, by Rolling Stock Type 2017-2028
Figure 14 Rolling Stock Power Conversion Systems Market - by Region
Figure 15 Asia-Pacific Rolling Stock Power Conversion Systems Market Snapshot
Figure 16 Asia-Pacific Rolling Stock Power Conversion Systems Market - by Country,
2017-2028
Figure 17 Asia-Pacific Rolling Stock Power Conversion Systems Market - by Technology,
2017-2028
Figure 18 Asia-Pacific Rolling Stock Power Conversion Systems Market - by Components
2017-2028
Figure 19 Asia-Pacific Rolling Stock Power Conversion Systems Market - by Rolling Stock
Type 2017-2028
Figure 20 China Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 21 Japan Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 22 India Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 23 South Korea Rolling Stock Power Conversion Systems Market Overview,
2020 & 2028
Figure 24 Australia Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 25 Taiwan Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 26 Malaysia Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 27 Rest of Asia-Pacific Rolling Stock Power Conversion Systems Market Overview,
2020 & 2028
Figure 28 Western Europe Rolling Stock Power Conversion Systems Market Snapshot
Figure 29 Western Europe Rolling Stock Power Conversion Systems Market -
By Country 2017-2028
Figure 30 Western Europe Rolling Stock Power Conversion Systems Market -
By Technology, 2017-2028
Figure 31 Western Europe Rolling Stock Power Conversion Systems Market -
By Components 2017-2028
Figure 32 Western Europe Rolling Stock Power Conversion Systems Market -
By Rolling Stock Type 2017-2028
Figure 33 Germany Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 34 UK Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 35 France Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 36 Italy Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 37 Spain Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 38 Rest of Europe Rolling Stock Power Conversion Systems Market Overview,
2020 & 2028
Figure 39 North America Rolling Stock Power Conversion Systems Market Snapshot
Figure 40 North America Rolling Stock Power Conversion Systems Market - by Country
2017-2028
Figure 41 North America Rolling Stock Power Conversion Systems Market - by Technology,
2017-2028
Figure 42 North America Rolling Stock Power Conversion Systems Market - by Components
2017-2028
Figure 43 North America Rolling Stock Power Conversion Systems Market -
By Rolling Stock Type 2017-2028
Figure 44 U.S. Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 45 Canada Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 46 Mexico Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 47 Eastern Europe Rolling Stock Power Conversion Systems Market Snapshot
Figure 48 Eastern Europe Rolling Stock Power Conversion Systems Market -
By Country ,2017-2028
Figure 49 Eastern Europe Rolling Stock Power Conversion Systems Market -
By Technology, 2017-2028
Figure 50 Eastern Europe Rolling Stock Power Conversion Systems Market -
By Components 2017-2028
Figure 51 Eastern Europe Rolling Stock Power Conversion Systems Market -
By Rolling Stock Type 2017-2028
Figure 52 Russia Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 53 Poland Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 54 Turkey Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 55 Rest of Eastern Europe Rolling Stock Power Conversion Systems Market
Overview, 2020 & 2028
Figure 56 Middle East Rolling Stock Power Conversion Systems Market Snapshot
Figure 57 Middle East Rolling Stock Power Conversion Systems Market -
By Country, 2017-2028
Figure 58 Middle East Rolling Stock Power Conversion Systems Market - by Technology,
2017-2028
Figure 59 Middle East Rolling Stock Power Conversion Systems Market -
By Components 2017-2028
Figure 60 Middle East Rolling Stock Power Conversion Systems Market -
By Rolling Stock Type 2017-2028
Figure 61 Uae Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 62 Saudi Arabia Rolling Stock Power Conversion Systems Market Overview,
2020 & 2028
Figure 63 Iran Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 64 Qatar Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 65 Rest of Middle East Rolling Stock Power Conversion Systems Market Overview,
2020 & 2028
Figure 66 Rest of World Rolling Stock Power Conversion Systems Market Snapshot
Figure 67 Rest of World Rolling Stock Power Conversion Systems Market -
By Country,2017-2028
Figure 68 Rest of World Rolling Stock Power Conversion Systems Market -
By Technology, 2017-2028
Figure 69 Rest of World Rolling Stock Power Conversion Systems Market - by Components
2017-2028
Figure 70 Rest of World Rolling Stock Power Conversion Systems Market -
By Rolling Stock Type 2017-2028
Figure 71 South America Rolling Stock Power Conversion Systems Market Overview,
2020 & 2028
Figure 72 Africa Rolling Stock Power Conversion Systems Market Overview, 2020 & 2028
Figure 73 Crrc Corporation Ltd. (Business Overview)
Figure 74 Crrc Corporation Ltd (Financial Overview)
Figure 75 Crrc Corporation Ltd: SWOT Analysis
Figure 76 Toshiba Corporation (Business Overview)
Figure 77 Toshiba Corporation (Financial Overview)
Figure 78 Toshiba Corporation: SWOT Analysis
Figure 79 Kiepe Electric GmbH (Business Overview)
Figure 80 Kiepe Electric GmbH (Financial Overview)
Figure 81 Kiepe Electric Gmbh: SWOT Analysis
Figure 82 Mitsubishi Electric Corporation (Business Overview)
Figure 83 Mitsubishi Electric Corporation (Financial Overview)
Figure 84 Mitsubishi Electric Corporation: SWOT Analysis
Figure 85 Wabtec Corporation: (Business Overview)
Figure 86 Wabtec Corporation (Financial Overview)
Figure 87 Wabtec Corporation.: SWOT Analysis
Figure 88 Thales (Business Overview)
Figure 89 Thales (Financial Overview)
Figure 90 Thales: SWOT Analysis
Figure 91 Strukton (Business Overview)
Figure 92 Strukton (Financial Overview)
Figure 93 Strukton: SWOT Analysis
Figure 94 Hitachi Corporation (Business Overview)
Figure 95 Hitachi Corporation (Financial Overview)
Figure 96 Hitachi Corporation: SWOT Analysis
Figure 97 Abb (Business Overview)
Figure 98 Siemens Ag. (Business Overview)
Figure 99 Siemens Ag. (Financial Overview)
Figure 100 Siemens Ag: SWOT Analysis
Figure 101 Alstom (Business Overview)
Figure 102 Alstom (Financial Overview)
Figure 103 Alstom: SWOT Analysis
Figure 104 Turbo Power System (Business Overview)
Figure 105 Dinghan Smart Railway Technology GmbH (Business Overview)
Figure 106 Medcom (Business Overview)
Figure 107 Hyundai Rotem Company (Company Overview)
Figure 108 Niigata Transys Co. Ltd (Company Overview)
Figure 109 Škoda Transportation A.S (Company Overview)
Figure 110 Aeg Power Solutions: (Business Overview)
Figure 111 Recom (Business Overview)
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Abb
  • Alstom
  • Hitachi Corporation
  • Kiepe Electric GmbH
  • Niigata Transys Co. Ltd
  • Siemens Ag.
The rolling stock power conversion system market has been estimated to be Euro 3,168.3 million in 2020 and is projected to reach Euro 3,710.1 million by 2028, at a CAGR of 2.0% during the forecast period in the COVID-19 period. However, without the COVID-19 impact, the rolling stock power conversion system market has been estimated to be at Euro 3.305.83 million in 2020 and Euro 4,091.13 million in 2028, with a CAGR of 2.7%.

The rolling power conversion system is used to convert electrical energy from AC to DC, as well as to change the voltage and frequency of the electrical energy flow. It is a type of electro-mechanical system that is responsible for transforming electrical energy from one form to another, thus causing the rolling stock to be propelled.

Market growth for rolling stock power conversion system is being driven by factors such as increased budget allocation for the construction of railways and a rise in the trend towards the use of railways as a means of public transport. Moreover, improvement in railway infrastructure in developing countries is expected to create numerous opportunities for growth and expansion of the rolling stock power conversion system market.

Continuous improvements in the rail sector have led to the installation of better and more efficient power conversion systems, which is stimulating the growth of the market. Numerous developments such as the introduction of insulated gate bipolar transistor (IGBT), gate turn-off thyristor (GTO), and silicon carbide have been made by different companies for the application in rolling stock power conversion system.

The rolling stock power conversion system market has been segmented based on technology, component, rolling stock type, and region.

Based on the technology, the market has been segmented into gate turn-off thyristor (GTO), insulated gate bipolar transistor (IGBT), and silicon carbide (SIC). Among these, the insulated gate bipolar transistor (IGBT) segment is projected to register a significant growth rate during the forecast period. It has accounted for Euro 1,028.37 million in 2020 and is projected to reach Euro 1,292.93 million by 2028, at a CAGR of 2.9% in the COVID-19 period. However, without the COVID-19 impact, the insulated gate bipolar transistor (IGBT) segment has been estimated to be at Euro 1,073.00 million in 2020 and Euro 1,425.72 million in 2028, with a CAGR of 3.6%.

IGBTs are mainly used in power electronics applications, such as inverters, converters, and power supplies, where the requirements of the solid state switching device are not fully met by the power source. This is contributing to the growth of the market. On the other hand, silicon carbide (SIC) segment is expected to have significant growth in the forecast period.

Based on components, the market has been segmented into power invertors & convertors, rectifier, and auxiliary power unit (APU). Among these, the auxiliary power unit (APU) segment is projected to register significant growth during the forecast period. It has accounted for Euro340.97 million in 2020 and is projected to reach Euro 445.91 million by 2028, at a CAGR of 3.4% in the COVID-19 period. However, without the COVID-19 impact, the auxiliary power unit (APU) segment has been estimated to be at Euro 355.65 million in 2020 and Euro 491.70 million in 2028, with a CAGR of 4.1%.

The use of auxiliary power unit has increased in flights as an additional source of electrical power in the event of a loss of the engine generator. Moreover, the increasing use of auxiliary power unit as a source of bleed air for starter assist for an inflight engine is expected to fuel the growth of this segment.

Based on the rolling stock type, the market has been segmented into locomotives, passenger coaches, metros, DMU, trams, monorails, and CMU. Among these, the metro segment is expected to register significant growth during the forecast period. It has accounted for Euro 528.13 million in 2020 and is projected to reach Euro 646.79 million by 2028, at a CAGR of 2.6% in the COVID-19 period. However, without the COVID-19 impact, the metro segment has been estimated to be at Euro 551.05 million in 2020 and Euro 713.22 million in 2028, with a CAGR of 3.3%.

A metro train is primarily designed to operate in metropolitan cities. Various advantages of metro rails include low energy consumption, high-capacity carriers, and very low ground space occupation. They are also faster than any other types of rail. The monorail segment is also anticipated to have significant growth in the forecast period..

By region, this market has been segmented as North America, Asia Pacific, Middle East, Western Europe, Eastern Europe, and Rest of the world. The Asia Pacific rolling stock power conversion system market has accounted for Euro 885.85 million in 2020, while it is expected to reach Euro 1,086.81 million in 2028, with a CAGR of 2.6% during the COVID-19 period. On the other hand, without the COVID-19 impact, the Asia Pacific rolling stock power conversion system market has been estimated to be at Euro 924.30 million in 2020 and Euro 1,198.44 million in 2028, with a CAGR of 3.3%.

Asia pacific accounts for the highest CAGR in the rolling stock power conversion system market across the world. Factors such as improvement in railway infrastructure in developing countries and the rising trend of using railways as a public transport are contributing to the growth of the market in this region.

The competitive scenario highlights the performance of major companies operating in this market. This includes detailed profiling of major companies and their competitive benchmarking. Product profiling provides key information including products/solutions offered, key developments, company performances, and strategies adopted in recent years.

The major companies profiled in the market include Siemens AG, AEG Power Solutions, Alstom SA, Bombardier Inc., CRRC Corporation Ltd, Hitachi Ltd., Strukton, Toshiba Corporation, Turbo Power Systems, Wabtec Corporation, Medcom, ABB, SMA Railway Technology GmbH, Mitsubishi Electronics Corporation, Talgo, Thales Group, Johnson Electric, Skoda, Eaton, Hyundai Rotem, and Kiepe Electric GmbH. These companies have adopted product development, expansion, and merger strategies to consolidate their market position amid intense competition in the market.

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Note: Product cover images may vary from those shown

A selection of companies mentioned in this report includes:

  • Crrc Corporation Ltd.
  • Toshiba Corporation
  • Kiepe Electric GmbH
  • Mitsubishi Electric Corporation
  • Wabtec Corporation
  • Thales
  • Strukton
  • Hitachi Corporation
  • Abb
  • Siemens Ag.
  • Alstom
  • Turbo Power System
  • Dinghan Smart Railway Technology GmbH
  • Medcom
  • Hyundai Rotem Company
  • Niigata Transys Co. Ltd
  • Škoda Transportation A.S
  • Aeg Power Solutions
  • Recom
Note: Product cover images may vary from those shown