Traction Inverter Comprehensive Study by Type (AC Traction Inverter, DC Traction Inverter), Application (Public Transportation, Electric Mobility, Industrial Equipment & Machinery, Other), Technology (SiC, Si-IGBT), End User (Electric Vehicle, Railway Locomotives, Escalators, Elevators, Other) Players and Region - Global Market Outlook to 2030

Traction Inverter Market by XX Submarkets | Forecast Years 2024-2030 | CAGR: 7.5%  

  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Market Overview:
Traction inverter is also called as traction motor is a type of electric motor used to make rotation torque on a machine. The traction inventers are used to alter the energy as effectively as could be expected under the circumstances and make it accessible to drive motor. The market is anticipated to flourish in the future by growing at a significantly higher CAGR.



AttributesDetails
Study Period2018-2030
Base Year2023
Forecast Period2024-2030
Historical Period2018-2023
UnitValue (USD Million)
Key Companies ProfiledProdrive Technologies (Netherlands), ABB (Switzerland), GE (United States), Schenider Electric (France), Advanced Energy Industries (United States), Nissan (Japan), BorgWarner Inc. (United States), TM4 Inc. (Canada), Delphi Technologies (United Kingdom), Curtiss-Wright (United States), Toshiba Corporation (Japan), Siemens AG (Germany), Infineon Technologies AG (Germany), Mitsubishi Electric Corporation (Japan) and Hitachi Ltd. (Japan)
Customization ScopeAvail customization with purchase of this report. Add or modify country, region or narrow down segments in the final scope subject to feasibility


AMA Research follows a focused and realistic research framework that provides the ability to study the crucial market dynamics of major and emerging geographies across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcases the spontaneously changing Manufacturers landscape impacting the growth of the market. Furthermore, our market researchers extensively analyze the products and services offered by multiple players competing to increase their market share and presence.

Key Manufacturers of Traction Inverter Market Study:
Prodrive Technologies (Netherlands), ABB (Switzerland), GE (United States), Schenider Electric (France), Advanced Energy Industries (United States), Nissan (Japan), BorgWarner Inc. (United States), TM4 Inc. (Canada), Delphi Technologies (United Kingdom), Curtiss-Wright (United States), Toshiba Corporation (Japan), Siemens AG (Germany), Infineon Technologies AG (Germany), Mitsubishi Electric Corporation (Japan) and Hitachi Ltd. (Japan)

Traction Inverter Market Segment Analysis
ScopeSub-Segments
Application / End UserPublic Transportation, Electric Mobility, Industrial Equipment & Machinery and Other
TypeAC Traction Inverter and DC Traction Inverter
TechnologySiC,Si-IGBT
End UserElectric Vehicle,Railway Locomotives,Escalators,Elevators,Other


Influencing Trend:
Rise in Trend Related To Mechatronics

Market Growth Drivers:
Government Initiatives in Various Countries for Supporting the Use Electric Vehicles and Offering Incentives and Subsidies To Owner and Rise in Usage of Traction Inverter in Railways as a Semiconductor Devices

Challenges:
Lack of Skill Expertise

Restraints:
High Cost of Traction Inventers

Opportunities:
Rise in the Count of Electric Locomotives, Mushrooming Urbanization, and Refashioning Of Passenger Railcars and Shift of Focus Towards Advanced and Technical Version of Electric Mobility

Some of the other players that are also part of study are Sevcon (United Kingdom), Alstom (France), Strukton Rail (Netherlands), Voith GMbh (Germany), Vertiv (United States), Enphase Energy (United States), Fronius International (Austria) and Sungrow (China). The Global Traction Inverter market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.

Latest Industry Highlights:
In July 2022, Sensor control and subsystem company Curtiss-Wright has introduced the second generation of its traction inverters, which are designed for on-highway and off-highway commercial EVs and hybrids.
In October 2022,Curtiss-Wright Industrial division has announced that it will be using its stand at Bauma 2022 to promote its electrification portfolio including the recently-announced traction inverters and its charge switching units, and showcase its continued development of Human-Machine Interfaces (HMIs) designed in partnership with some of the world’s leading on- and off-highway vehicle OEMs.


Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Traction Inverter market.
In order to reach an exhaustive list of functional and relevant players, various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep into important geographies by players, and a thorough validation test is conducted to reach the most relevant players for survey in Traction Inverter market.
Identification of total players or companies operating in the global market which is further concentrated to fewer or most impacting players which are considered under the report’s scope. In order to make a priority list sorting is done based on revenue generated based on the latest reporting with the help of paid databases such as Factiva, Bloomberg, etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Traction Inverter Manufacturing Companies, Consulting Companies In Power Sector, Component Manufacturers And Suppliers, Insulation Raw Material Suppliers, State- Or Government-Owned Corporations, Electric Utilities and Government And Research Organizations.

This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth, etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that include Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.

Report Objectives / Segmentation Covered

By Type
  • AC Traction Inverter
  • DC Traction Inverter
By Application
  • Public Transportation
  • Electric Mobility
  • Industrial Equipment & Machinery
  • Other
By Technology
  • SiC
  • Si-IGBT

By End User
  • Electric Vehicle
  • Railway Locomotives
  • Escalators
  • Elevators
  • Other

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Government Initiatives in Various Countries for Supporting the Use Electric Vehicles and Offering Incentives and Subsidies To Owner
      • 3.2.2. Rise in Usage of Traction Inverter in Railways as a Semiconductor Devices
    • 3.3. Market Challenges
      • 3.3.1. Lack of Skill Expertise
    • 3.4. Market Trends
      • 3.4.1. Rise in Trend Related To Mechatronics
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Traction Inverter, by Type, Application, Technology, End User and Region (value and price ) (2018-2023)
    • 5.1. Introduction
    • 5.2. Global Traction Inverter (Value)
      • 5.2.1. Global Traction Inverter by: Type (Value)
        • 5.2.1.1. AC Traction Inverter
        • 5.2.1.2. DC Traction Inverter
      • 5.2.2. Global Traction Inverter by: Application (Value)
        • 5.2.2.1. Public Transportation
        • 5.2.2.2. Electric Mobility
        • 5.2.2.3. Industrial Equipment & Machinery
        • 5.2.2.4. Other
      • 5.2.3. Global Traction Inverter by: Technology (Value)
        • 5.2.3.1. SiC
        • 5.2.3.2. Si-IGBT
      • 5.2.4. Global Traction Inverter by: End User (Value)
        • 5.2.4.1. Electric Vehicle
        • 5.2.4.2. Railway Locomotives
        • 5.2.4.3. Escalators
        • 5.2.4.4. Elevators
        • 5.2.4.5. Other
      • 5.2.5. Global Traction Inverter Region
        • 5.2.5.1. South America
          • 5.2.5.1.1. Brazil
          • 5.2.5.1.2. Argentina
          • 5.2.5.1.3. Rest of South America
        • 5.2.5.2. Asia Pacific
          • 5.2.5.2.1. China
          • 5.2.5.2.2. Japan
          • 5.2.5.2.3. India
          • 5.2.5.2.4. South Korea
          • 5.2.5.2.5. Taiwan
          • 5.2.5.2.6. Australia
          • 5.2.5.2.7. Rest of Asia-Pacific
        • 5.2.5.3. Europe
          • 5.2.5.3.1. Germany
          • 5.2.5.3.2. France
          • 5.2.5.3.3. Italy
          • 5.2.5.3.4. United Kingdom
          • 5.2.5.3.5. Netherlands
          • 5.2.5.3.6. Rest of Europe
        • 5.2.5.4. MEA
          • 5.2.5.4.1. Middle East
          • 5.2.5.4.2. Africa
        • 5.2.5.5. North America
          • 5.2.5.5.1. United States
          • 5.2.5.5.2. Canada
          • 5.2.5.5.3. Mexico
    • 5.3. Global Traction Inverter (Price)
      • 5.3.1. Global Traction Inverter by: Type (Price)
  • 6. Traction Inverter: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2023)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. Prodrive Technologies (Netherlands)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. ABB (Switzerland)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. GE (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Schenider Electric (France)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Advanced Energy Industries (United States)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Nissan (Japan)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. BorgWarner Inc. (United States)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. TM4 Inc. (Canada)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Delphi Technologies (United Kingdom)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
      • 6.4.10. Curtiss-Wright (United States)
        • 6.4.10.1. Business Overview
        • 6.4.10.2. Products/Services Offerings
        • 6.4.10.3. Financial Analysis
        • 6.4.10.4. SWOT Analysis
      • 6.4.11. Toshiba Corporation (Japan)
        • 6.4.11.1. Business Overview
        • 6.4.11.2. Products/Services Offerings
        • 6.4.11.3. Financial Analysis
        • 6.4.11.4. SWOT Analysis
      • 6.4.12. Siemens AG (Germany)
        • 6.4.12.1. Business Overview
        • 6.4.12.2. Products/Services Offerings
        • 6.4.12.3. Financial Analysis
        • 6.4.12.4. SWOT Analysis
      • 6.4.13. Infineon Technologies AG (Germany)
        • 6.4.13.1. Business Overview
        • 6.4.13.2. Products/Services Offerings
        • 6.4.13.3. Financial Analysis
        • 6.4.13.4. SWOT Analysis
      • 6.4.14. Mitsubishi Electric Corporation (Japan)
        • 6.4.14.1. Business Overview
        • 6.4.14.2. Products/Services Offerings
        • 6.4.14.3. Financial Analysis
        • 6.4.14.4. SWOT Analysis
      • 6.4.15. Hitachi Ltd. (Japan)
        • 6.4.15.1. Business Overview
        • 6.4.15.2. Products/Services Offerings
        • 6.4.15.3. Financial Analysis
        • 6.4.15.4. SWOT Analysis
  • 7. Global Traction Inverter Sale, by Type, Application, Technology, End User and Region (value and price ) (2025-2030)
    • 7.1. Introduction
    • 7.2. Global Traction Inverter (Value)
      • 7.2.1. Global Traction Inverter by: Type (Value)
        • 7.2.1.1. AC Traction Inverter
        • 7.2.1.2. DC Traction Inverter
      • 7.2.2. Global Traction Inverter by: Application (Value)
        • 7.2.2.1. Public Transportation
        • 7.2.2.2. Electric Mobility
        • 7.2.2.3. Industrial Equipment & Machinery
        • 7.2.2.4. Other
      • 7.2.3. Global Traction Inverter by: Technology (Value)
        • 7.2.3.1. SiC
        • 7.2.3.2. Si-IGBT
      • 7.2.4. Global Traction Inverter by: End User (Value)
        • 7.2.4.1. Electric Vehicle
        • 7.2.4.2. Railway Locomotives
        • 7.2.4.3. Escalators
        • 7.2.4.4. Elevators
        • 7.2.4.5. Other
      • 7.2.5. Global Traction Inverter Region
        • 7.2.5.1. South America
          • 7.2.5.1.1. Brazil
          • 7.2.5.1.2. Argentina
          • 7.2.5.1.3. Rest of South America
        • 7.2.5.2. Asia Pacific
          • 7.2.5.2.1. China
          • 7.2.5.2.2. Japan
          • 7.2.5.2.3. India
          • 7.2.5.2.4. South Korea
          • 7.2.5.2.5. Taiwan
          • 7.2.5.2.6. Australia
          • 7.2.5.2.7. Rest of Asia-Pacific
        • 7.2.5.3. Europe
          • 7.2.5.3.1. Germany
          • 7.2.5.3.2. France
          • 7.2.5.3.3. Italy
          • 7.2.5.3.4. United Kingdom
          • 7.2.5.3.5. Netherlands
          • 7.2.5.3.6. Rest of Europe
        • 7.2.5.4. MEA
          • 7.2.5.4.1. Middle East
          • 7.2.5.4.2. Africa
        • 7.2.5.5. North America
          • 7.2.5.5.1. United States
          • 7.2.5.5.2. Canada
          • 7.2.5.5.3. Mexico
    • 7.3. Global Traction Inverter (Price)
      • 7.3.1. Global Traction Inverter by: Type (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Traction Inverter: by Type(USD Million)
  • Table 2. Traction Inverter AC Traction Inverter , by Region USD Million (2018-2023)
  • Table 3. Traction Inverter DC Traction Inverter , by Region USD Million (2018-2023)
  • Table 4. Traction Inverter: by Application(USD Million)
  • Table 5. Traction Inverter Public Transportation , by Region USD Million (2018-2023)
  • Table 6. Traction Inverter Electric Mobility , by Region USD Million (2018-2023)
  • Table 7. Traction Inverter Industrial Equipment & Machinery , by Region USD Million (2018-2023)
  • Table 8. Traction Inverter Other , by Region USD Million (2018-2023)
  • Table 9. Traction Inverter: by Technology(USD Million)
  • Table 10. Traction Inverter SiC , by Region USD Million (2018-2023)
  • Table 11. Traction Inverter Si-IGBT , by Region USD Million (2018-2023)
  • Table 12. Traction Inverter: by End User(USD Million)
  • Table 13. Traction Inverter Electric Vehicle , by Region USD Million (2018-2023)
  • Table 14. Traction Inverter Railway Locomotives , by Region USD Million (2018-2023)
  • Table 15. Traction Inverter Escalators , by Region USD Million (2018-2023)
  • Table 16. Traction Inverter Elevators , by Region USD Million (2018-2023)
  • Table 17. Traction Inverter Other , by Region USD Million (2018-2023)
  • Table 18. South America Traction Inverter, by Country USD Million (2018-2023)
  • Table 19. South America Traction Inverter, by Type USD Million (2018-2023)
  • Table 20. South America Traction Inverter, by Application USD Million (2018-2023)
  • Table 21. South America Traction Inverter, by Technology USD Million (2018-2023)
  • Table 22. South America Traction Inverter, by End User USD Million (2018-2023)
  • Table 23. Brazil Traction Inverter, by Type USD Million (2018-2023)
  • Table 24. Brazil Traction Inverter, by Application USD Million (2018-2023)
  • Table 25. Brazil Traction Inverter, by Technology USD Million (2018-2023)
  • Table 26. Brazil Traction Inverter, by End User USD Million (2018-2023)
  • Table 27. Argentina Traction Inverter, by Type USD Million (2018-2023)
  • Table 28. Argentina Traction Inverter, by Application USD Million (2018-2023)
  • Table 29. Argentina Traction Inverter, by Technology USD Million (2018-2023)
  • Table 30. Argentina Traction Inverter, by End User USD Million (2018-2023)
  • Table 31. Rest of South America Traction Inverter, by Type USD Million (2018-2023)
  • Table 32. Rest of South America Traction Inverter, by Application USD Million (2018-2023)
  • Table 33. Rest of South America Traction Inverter, by Technology USD Million (2018-2023)
  • Table 34. Rest of South America Traction Inverter, by End User USD Million (2018-2023)
  • Table 35. Asia Pacific Traction Inverter, by Country USD Million (2018-2023)
  • Table 36. Asia Pacific Traction Inverter, by Type USD Million (2018-2023)
  • Table 37. Asia Pacific Traction Inverter, by Application USD Million (2018-2023)
  • Table 38. Asia Pacific Traction Inverter, by Technology USD Million (2018-2023)
  • Table 39. Asia Pacific Traction Inverter, by End User USD Million (2018-2023)
  • Table 40. China Traction Inverter, by Type USD Million (2018-2023)
  • Table 41. China Traction Inverter, by Application USD Million (2018-2023)
  • Table 42. China Traction Inverter, by Technology USD Million (2018-2023)
  • Table 43. China Traction Inverter, by End User USD Million (2018-2023)
  • Table 44. Japan Traction Inverter, by Type USD Million (2018-2023)
  • Table 45. Japan Traction Inverter, by Application USD Million (2018-2023)
  • Table 46. Japan Traction Inverter, by Technology USD Million (2018-2023)
  • Table 47. Japan Traction Inverter, by End User USD Million (2018-2023)
  • Table 48. India Traction Inverter, by Type USD Million (2018-2023)
  • Table 49. India Traction Inverter, by Application USD Million (2018-2023)
  • Table 50. India Traction Inverter, by Technology USD Million (2018-2023)
  • Table 51. India Traction Inverter, by End User USD Million (2018-2023)
  • Table 52. South Korea Traction Inverter, by Type USD Million (2018-2023)
  • Table 53. South Korea Traction Inverter, by Application USD Million (2018-2023)
  • Table 54. South Korea Traction Inverter, by Technology USD Million (2018-2023)
  • Table 55. South Korea Traction Inverter, by End User USD Million (2018-2023)
  • Table 56. Taiwan Traction Inverter, by Type USD Million (2018-2023)
  • Table 57. Taiwan Traction Inverter, by Application USD Million (2018-2023)
  • Table 58. Taiwan Traction Inverter, by Technology USD Million (2018-2023)
  • Table 59. Taiwan Traction Inverter, by End User USD Million (2018-2023)
  • Table 60. Australia Traction Inverter, by Type USD Million (2018-2023)
  • Table 61. Australia Traction Inverter, by Application USD Million (2018-2023)
  • Table 62. Australia Traction Inverter, by Technology USD Million (2018-2023)
  • Table 63. Australia Traction Inverter, by End User USD Million (2018-2023)
  • Table 64. Rest of Asia-Pacific Traction Inverter, by Type USD Million (2018-2023)
  • Table 65. Rest of Asia-Pacific Traction Inverter, by Application USD Million (2018-2023)
  • Table 66. Rest of Asia-Pacific Traction Inverter, by Technology USD Million (2018-2023)
  • Table 67. Rest of Asia-Pacific Traction Inverter, by End User USD Million (2018-2023)
  • Table 68. Europe Traction Inverter, by Country USD Million (2018-2023)
  • Table 69. Europe Traction Inverter, by Type USD Million (2018-2023)
  • Table 70. Europe Traction Inverter, by Application USD Million (2018-2023)
  • Table 71. Europe Traction Inverter, by Technology USD Million (2018-2023)
  • Table 72. Europe Traction Inverter, by End User USD Million (2018-2023)
  • Table 73. Germany Traction Inverter, by Type USD Million (2018-2023)
  • Table 74. Germany Traction Inverter, by Application USD Million (2018-2023)
  • Table 75. Germany Traction Inverter, by Technology USD Million (2018-2023)
  • Table 76. Germany Traction Inverter, by End User USD Million (2018-2023)
  • Table 77. France Traction Inverter, by Type USD Million (2018-2023)
  • Table 78. France Traction Inverter, by Application USD Million (2018-2023)
  • Table 79. France Traction Inverter, by Technology USD Million (2018-2023)
  • Table 80. France Traction Inverter, by End User USD Million (2018-2023)
  • Table 81. Italy Traction Inverter, by Type USD Million (2018-2023)
  • Table 82. Italy Traction Inverter, by Application USD Million (2018-2023)
  • Table 83. Italy Traction Inverter, by Technology USD Million (2018-2023)
  • Table 84. Italy Traction Inverter, by End User USD Million (2018-2023)
  • Table 85. United Kingdom Traction Inverter, by Type USD Million (2018-2023)
  • Table 86. United Kingdom Traction Inverter, by Application USD Million (2018-2023)
  • Table 87. United Kingdom Traction Inverter, by Technology USD Million (2018-2023)
  • Table 88. United Kingdom Traction Inverter, by End User USD Million (2018-2023)
  • Table 89. Netherlands Traction Inverter, by Type USD Million (2018-2023)
  • Table 90. Netherlands Traction Inverter, by Application USD Million (2018-2023)
  • Table 91. Netherlands Traction Inverter, by Technology USD Million (2018-2023)
  • Table 92. Netherlands Traction Inverter, by End User USD Million (2018-2023)
  • Table 93. Rest of Europe Traction Inverter, by Type USD Million (2018-2023)
  • Table 94. Rest of Europe Traction Inverter, by Application USD Million (2018-2023)
  • Table 95. Rest of Europe Traction Inverter, by Technology USD Million (2018-2023)
  • Table 96. Rest of Europe Traction Inverter, by End User USD Million (2018-2023)
  • Table 97. MEA Traction Inverter, by Country USD Million (2018-2023)
  • Table 98. MEA Traction Inverter, by Type USD Million (2018-2023)
  • Table 99. MEA Traction Inverter, by Application USD Million (2018-2023)
  • Table 100. MEA Traction Inverter, by Technology USD Million (2018-2023)
  • Table 101. MEA Traction Inverter, by End User USD Million (2018-2023)
  • Table 102. Middle East Traction Inverter, by Type USD Million (2018-2023)
  • Table 103. Middle East Traction Inverter, by Application USD Million (2018-2023)
  • Table 104. Middle East Traction Inverter, by Technology USD Million (2018-2023)
  • Table 105. Middle East Traction Inverter, by End User USD Million (2018-2023)
  • Table 106. Africa Traction Inverter, by Type USD Million (2018-2023)
  • Table 107. Africa Traction Inverter, by Application USD Million (2018-2023)
  • Table 108. Africa Traction Inverter, by Technology USD Million (2018-2023)
  • Table 109. Africa Traction Inverter, by End User USD Million (2018-2023)
  • Table 110. North America Traction Inverter, by Country USD Million (2018-2023)
  • Table 111. North America Traction Inverter, by Type USD Million (2018-2023)
  • Table 112. North America Traction Inverter, by Application USD Million (2018-2023)
  • Table 113. North America Traction Inverter, by Technology USD Million (2018-2023)
  • Table 114. North America Traction Inverter, by End User USD Million (2018-2023)
  • Table 115. United States Traction Inverter, by Type USD Million (2018-2023)
  • Table 116. United States Traction Inverter, by Application USD Million (2018-2023)
  • Table 117. United States Traction Inverter, by Technology USD Million (2018-2023)
  • Table 118. United States Traction Inverter, by End User USD Million (2018-2023)
  • Table 119. Canada Traction Inverter, by Type USD Million (2018-2023)
  • Table 120. Canada Traction Inverter, by Application USD Million (2018-2023)
  • Table 121. Canada Traction Inverter, by Technology USD Million (2018-2023)
  • Table 122. Canada Traction Inverter, by End User USD Million (2018-2023)
  • Table 123. Mexico Traction Inverter, by Type USD Million (2018-2023)
  • Table 124. Mexico Traction Inverter, by Application USD Million (2018-2023)
  • Table 125. Mexico Traction Inverter, by Technology USD Million (2018-2023)
  • Table 126. Mexico Traction Inverter, by End User USD Million (2018-2023)
  • Table 127. Traction Inverter: by Type(USD/Units)
  • Table 128. Company Basic Information, Sales Area and Its Competitors
  • Table 129. Company Basic Information, Sales Area and Its Competitors
  • Table 130. Company Basic Information, Sales Area and Its Competitors
  • Table 131. Company Basic Information, Sales Area and Its Competitors
  • Table 132. Company Basic Information, Sales Area and Its Competitors
  • Table 133. Company Basic Information, Sales Area and Its Competitors
  • Table 134. Company Basic Information, Sales Area and Its Competitors
  • Table 135. Company Basic Information, Sales Area and Its Competitors
  • Table 136. Company Basic Information, Sales Area and Its Competitors
  • Table 137. Company Basic Information, Sales Area and Its Competitors
  • Table 138. Company Basic Information, Sales Area and Its Competitors
  • Table 139. Company Basic Information, Sales Area and Its Competitors
  • Table 140. Company Basic Information, Sales Area and Its Competitors
  • Table 141. Company Basic Information, Sales Area and Its Competitors
  • Table 142. Company Basic Information, Sales Area and Its Competitors
  • Table 143. Traction Inverter: by Type(USD Million)
  • Table 144. Traction Inverter AC Traction Inverter , by Region USD Million (2025-2030)
  • Table 145. Traction Inverter DC Traction Inverter , by Region USD Million (2025-2030)
  • Table 146. Traction Inverter: by Application(USD Million)
  • Table 147. Traction Inverter Public Transportation , by Region USD Million (2025-2030)
  • Table 148. Traction Inverter Electric Mobility , by Region USD Million (2025-2030)
  • Table 149. Traction Inverter Industrial Equipment & Machinery , by Region USD Million (2025-2030)
  • Table 150. Traction Inverter Other , by Region USD Million (2025-2030)
  • Table 151. Traction Inverter: by Technology(USD Million)
  • Table 152. Traction Inverter SiC , by Region USD Million (2025-2030)
  • Table 153. Traction Inverter Si-IGBT , by Region USD Million (2025-2030)
  • Table 154. Traction Inverter: by End User(USD Million)
  • Table 155. Traction Inverter Electric Vehicle , by Region USD Million (2025-2030)
  • Table 156. Traction Inverter Railway Locomotives , by Region USD Million (2025-2030)
  • Table 157. Traction Inverter Escalators , by Region USD Million (2025-2030)
  • Table 158. Traction Inverter Elevators , by Region USD Million (2025-2030)
  • Table 159. Traction Inverter Other , by Region USD Million (2025-2030)
  • Table 160. South America Traction Inverter, by Country USD Million (2025-2030)
  • Table 161. South America Traction Inverter, by Type USD Million (2025-2030)
  • Table 162. South America Traction Inverter, by Application USD Million (2025-2030)
  • Table 163. South America Traction Inverter, by Technology USD Million (2025-2030)
  • Table 164. South America Traction Inverter, by End User USD Million (2025-2030)
  • Table 165. Brazil Traction Inverter, by Type USD Million (2025-2030)
  • Table 166. Brazil Traction Inverter, by Application USD Million (2025-2030)
  • Table 167. Brazil Traction Inverter, by Technology USD Million (2025-2030)
  • Table 168. Brazil Traction Inverter, by End User USD Million (2025-2030)
  • Table 169. Argentina Traction Inverter, by Type USD Million (2025-2030)
  • Table 170. Argentina Traction Inverter, by Application USD Million (2025-2030)
  • Table 171. Argentina Traction Inverter, by Technology USD Million (2025-2030)
  • Table 172. Argentina Traction Inverter, by End User USD Million (2025-2030)
  • Table 173. Rest of South America Traction Inverter, by Type USD Million (2025-2030)
  • Table 174. Rest of South America Traction Inverter, by Application USD Million (2025-2030)
  • Table 175. Rest of South America Traction Inverter, by Technology USD Million (2025-2030)
  • Table 176. Rest of South America Traction Inverter, by End User USD Million (2025-2030)
  • Table 177. Asia Pacific Traction Inverter, by Country USD Million (2025-2030)
  • Table 178. Asia Pacific Traction Inverter, by Type USD Million (2025-2030)
  • Table 179. Asia Pacific Traction Inverter, by Application USD Million (2025-2030)
  • Table 180. Asia Pacific Traction Inverter, by Technology USD Million (2025-2030)
  • Table 181. Asia Pacific Traction Inverter, by End User USD Million (2025-2030)
  • Table 182. China Traction Inverter, by Type USD Million (2025-2030)
  • Table 183. China Traction Inverter, by Application USD Million (2025-2030)
  • Table 184. China Traction Inverter, by Technology USD Million (2025-2030)
  • Table 185. China Traction Inverter, by End User USD Million (2025-2030)
  • Table 186. Japan Traction Inverter, by Type USD Million (2025-2030)
  • Table 187. Japan Traction Inverter, by Application USD Million (2025-2030)
  • Table 188. Japan Traction Inverter, by Technology USD Million (2025-2030)
  • Table 189. Japan Traction Inverter, by End User USD Million (2025-2030)
  • Table 190. India Traction Inverter, by Type USD Million (2025-2030)
  • Table 191. India Traction Inverter, by Application USD Million (2025-2030)
  • Table 192. India Traction Inverter, by Technology USD Million (2025-2030)
  • Table 193. India Traction Inverter, by End User USD Million (2025-2030)
  • Table 194. South Korea Traction Inverter, by Type USD Million (2025-2030)
  • Table 195. South Korea Traction Inverter, by Application USD Million (2025-2030)
  • Table 196. South Korea Traction Inverter, by Technology USD Million (2025-2030)
  • Table 197. South Korea Traction Inverter, by End User USD Million (2025-2030)
  • Table 198. Taiwan Traction Inverter, by Type USD Million (2025-2030)
  • Table 199. Taiwan Traction Inverter, by Application USD Million (2025-2030)
  • Table 200. Taiwan Traction Inverter, by Technology USD Million (2025-2030)
  • Table 201. Taiwan Traction Inverter, by End User USD Million (2025-2030)
  • Table 202. Australia Traction Inverter, by Type USD Million (2025-2030)
  • Table 203. Australia Traction Inverter, by Application USD Million (2025-2030)
  • Table 204. Australia Traction Inverter, by Technology USD Million (2025-2030)
  • Table 205. Australia Traction Inverter, by End User USD Million (2025-2030)
  • Table 206. Rest of Asia-Pacific Traction Inverter, by Type USD Million (2025-2030)
  • Table 207. Rest of Asia-Pacific Traction Inverter, by Application USD Million (2025-2030)
  • Table 208. Rest of Asia-Pacific Traction Inverter, by Technology USD Million (2025-2030)
  • Table 209. Rest of Asia-Pacific Traction Inverter, by End User USD Million (2025-2030)
  • Table 210. Europe Traction Inverter, by Country USD Million (2025-2030)
  • Table 211. Europe Traction Inverter, by Type USD Million (2025-2030)
  • Table 212. Europe Traction Inverter, by Application USD Million (2025-2030)
  • Table 213. Europe Traction Inverter, by Technology USD Million (2025-2030)
  • Table 214. Europe Traction Inverter, by End User USD Million (2025-2030)
  • Table 215. Germany Traction Inverter, by Type USD Million (2025-2030)
  • Table 216. Germany Traction Inverter, by Application USD Million (2025-2030)
  • Table 217. Germany Traction Inverter, by Technology USD Million (2025-2030)
  • Table 218. Germany Traction Inverter, by End User USD Million (2025-2030)
  • Table 219. France Traction Inverter, by Type USD Million (2025-2030)
  • Table 220. France Traction Inverter, by Application USD Million (2025-2030)
  • Table 221. France Traction Inverter, by Technology USD Million (2025-2030)
  • Table 222. France Traction Inverter, by End User USD Million (2025-2030)
  • Table 223. Italy Traction Inverter, by Type USD Million (2025-2030)
  • Table 224. Italy Traction Inverter, by Application USD Million (2025-2030)
  • Table 225. Italy Traction Inverter, by Technology USD Million (2025-2030)
  • Table 226. Italy Traction Inverter, by End User USD Million (2025-2030)
  • Table 227. United Kingdom Traction Inverter, by Type USD Million (2025-2030)
  • Table 228. United Kingdom Traction Inverter, by Application USD Million (2025-2030)
  • Table 229. United Kingdom Traction Inverter, by Technology USD Million (2025-2030)
  • Table 230. United Kingdom Traction Inverter, by End User USD Million (2025-2030)
  • Table 231. Netherlands Traction Inverter, by Type USD Million (2025-2030)
  • Table 232. Netherlands Traction Inverter, by Application USD Million (2025-2030)
  • Table 233. Netherlands Traction Inverter, by Technology USD Million (2025-2030)
  • Table 234. Netherlands Traction Inverter, by End User USD Million (2025-2030)
  • Table 235. Rest of Europe Traction Inverter, by Type USD Million (2025-2030)
  • Table 236. Rest of Europe Traction Inverter, by Application USD Million (2025-2030)
  • Table 237. Rest of Europe Traction Inverter, by Technology USD Million (2025-2030)
  • Table 238. Rest of Europe Traction Inverter, by End User USD Million (2025-2030)
  • Table 239. MEA Traction Inverter, by Country USD Million (2025-2030)
  • Table 240. MEA Traction Inverter, by Type USD Million (2025-2030)
  • Table 241. MEA Traction Inverter, by Application USD Million (2025-2030)
  • Table 242. MEA Traction Inverter, by Technology USD Million (2025-2030)
  • Table 243. MEA Traction Inverter, by End User USD Million (2025-2030)
  • Table 244. Middle East Traction Inverter, by Type USD Million (2025-2030)
  • Table 245. Middle East Traction Inverter, by Application USD Million (2025-2030)
  • Table 246. Middle East Traction Inverter, by Technology USD Million (2025-2030)
  • Table 247. Middle East Traction Inverter, by End User USD Million (2025-2030)
  • Table 248. Africa Traction Inverter, by Type USD Million (2025-2030)
  • Table 249. Africa Traction Inverter, by Application USD Million (2025-2030)
  • Table 250. Africa Traction Inverter, by Technology USD Million (2025-2030)
  • Table 251. Africa Traction Inverter, by End User USD Million (2025-2030)
  • Table 252. North America Traction Inverter, by Country USD Million (2025-2030)
  • Table 253. North America Traction Inverter, by Type USD Million (2025-2030)
  • Table 254. North America Traction Inverter, by Application USD Million (2025-2030)
  • Table 255. North America Traction Inverter, by Technology USD Million (2025-2030)
  • Table 256. North America Traction Inverter, by End User USD Million (2025-2030)
  • Table 257. United States Traction Inverter, by Type USD Million (2025-2030)
  • Table 258. United States Traction Inverter, by Application USD Million (2025-2030)
  • Table 259. United States Traction Inverter, by Technology USD Million (2025-2030)
  • Table 260. United States Traction Inverter, by End User USD Million (2025-2030)
  • Table 261. Canada Traction Inverter, by Type USD Million (2025-2030)
  • Table 262. Canada Traction Inverter, by Application USD Million (2025-2030)
  • Table 263. Canada Traction Inverter, by Technology USD Million (2025-2030)
  • Table 264. Canada Traction Inverter, by End User USD Million (2025-2030)
  • Table 265. Mexico Traction Inverter, by Type USD Million (2025-2030)
  • Table 266. Mexico Traction Inverter, by Application USD Million (2025-2030)
  • Table 267. Mexico Traction Inverter, by Technology USD Million (2025-2030)
  • Table 268. Mexico Traction Inverter, by End User USD Million (2025-2030)
  • Table 269. Traction Inverter: by Type(USD/Units)
  • Table 270. Research Programs/Design for This Report
  • Table 271. Key Data Information from Secondary Sources
  • Table 272. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Traction Inverter: by Type USD Million (2018-2023)
  • Figure 5. Global Traction Inverter: by Application USD Million (2018-2023)
  • Figure 6. Global Traction Inverter: by Technology USD Million (2018-2023)
  • Figure 7. Global Traction Inverter: by End User USD Million (2018-2023)
  • Figure 8. South America Traction Inverter Share (%), by Country
  • Figure 9. Asia Pacific Traction Inverter Share (%), by Country
  • Figure 10. Europe Traction Inverter Share (%), by Country
  • Figure 11. MEA Traction Inverter Share (%), by Country
  • Figure 12. North America Traction Inverter Share (%), by Country
  • Figure 13. Global Traction Inverter: by Type USD/Units (2018-2023)
  • Figure 14. Global Traction Inverter share by Players 2023 (%)
  • Figure 15. Global Traction Inverter share by Players (Top 3) 2023(%)
  • Figure 16. Global Traction Inverter share by Players (Top 5) 2023(%)
  • Figure 17. BCG Matrix for key Companies
  • Figure 18. Prodrive Technologies (Netherlands) Revenue, Net Income and Gross profit
  • Figure 19. Prodrive Technologies (Netherlands) Revenue: by Geography 2023
  • Figure 20. ABB (Switzerland) Revenue, Net Income and Gross profit
  • Figure 21. ABB (Switzerland) Revenue: by Geography 2023
  • Figure 22. GE (United States) Revenue, Net Income and Gross profit
  • Figure 23. GE (United States) Revenue: by Geography 2023
  • Figure 24. Schenider Electric (France) Revenue, Net Income and Gross profit
  • Figure 25. Schenider Electric (France) Revenue: by Geography 2023
  • Figure 26. Advanced Energy Industries (United States) Revenue, Net Income and Gross profit
  • Figure 27. Advanced Energy Industries (United States) Revenue: by Geography 2023
  • Figure 28. Nissan (Japan) Revenue, Net Income and Gross profit
  • Figure 29. Nissan (Japan) Revenue: by Geography 2023
  • Figure 30. BorgWarner Inc. (United States) Revenue, Net Income and Gross profit
  • Figure 31. BorgWarner Inc. (United States) Revenue: by Geography 2023
  • Figure 32. TM4 Inc. (Canada) Revenue, Net Income and Gross profit
  • Figure 33. TM4 Inc. (Canada) Revenue: by Geography 2023
  • Figure 34. Delphi Technologies (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 35. Delphi Technologies (United Kingdom) Revenue: by Geography 2023
  • Figure 36. Curtiss-Wright (United States) Revenue, Net Income and Gross profit
  • Figure 37. Curtiss-Wright (United States) Revenue: by Geography 2023
  • Figure 38. Toshiba Corporation (Japan) Revenue, Net Income and Gross profit
  • Figure 39. Toshiba Corporation (Japan) Revenue: by Geography 2023
  • Figure 40. Siemens AG (Germany) Revenue, Net Income and Gross profit
  • Figure 41. Siemens AG (Germany) Revenue: by Geography 2023
  • Figure 42. Infineon Technologies AG (Germany) Revenue, Net Income and Gross profit
  • Figure 43. Infineon Technologies AG (Germany) Revenue: by Geography 2023
  • Figure 44. Mitsubishi Electric Corporation (Japan) Revenue, Net Income and Gross profit
  • Figure 45. Mitsubishi Electric Corporation (Japan) Revenue: by Geography 2023
  • Figure 46. Hitachi Ltd. (Japan) Revenue, Net Income and Gross profit
  • Figure 47. Hitachi Ltd. (Japan) Revenue: by Geography 2023
  • Figure 48. Global Traction Inverter: by Type USD Million (2025-2030)
  • Figure 49. Global Traction Inverter: by Application USD Million (2025-2030)
  • Figure 50. Global Traction Inverter: by Technology USD Million (2025-2030)
  • Figure 51. Global Traction Inverter: by End User USD Million (2025-2030)
  • Figure 52. South America Traction Inverter Share (%), by Country
  • Figure 53. Asia Pacific Traction Inverter Share (%), by Country
  • Figure 54. Europe Traction Inverter Share (%), by Country
  • Figure 55. MEA Traction Inverter Share (%), by Country
  • Figure 56. North America Traction Inverter Share (%), by Country
  • Figure 57. Global Traction Inverter: by Type USD/Units (2025-2030)
List of companies from research coverage that are profiled in the study
  • Prodrive Technologies (Netherlands)
  • ABB (Switzerland)
  • GE (United States)
  • Schenider Electric (France)
  • Advanced Energy Industries (United States)
  • Nissan (Japan)
  • BorgWarner Inc. (United States)
  • TM4 Inc. (Canada)
  • Delphi Technologies (United Kingdom)
  • Curtiss-Wright (United States)
  • Toshiba Corporation (Japan)
  • Siemens AG (Germany)
  • Infineon Technologies AG (Germany)
  • Mitsubishi Electric Corporation (Japan)
  • Hitachi Ltd. (Japan)
Additional players considered in the study are as follows:
Sevcon (United Kingdom) , Alstom (France) , Strukton Rail (Netherlands) , Voith GMbh (Germany) , Vertiv (United States) , Enphase Energy (United States) , Fronius International (Austria) , Sungrow (China)
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Feb 2024 170 Pages 53 Tables Base Year: 2023 Coverage: 15+ Companies; 18 Countries

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Frequently Asked Questions (FAQ):

"Rise in Trend Related To Mechatronics" is seen as one of major influencing trends for Traction Inverter Market during projected period 2023-2030.
The Concentration Rate of Global Traction Inverter market is highlighted using HHI Index.
United States Manufacturers will contribute the maximum growth of Global Traction Inverter market throughout the predicted period.

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