Traction inverters are adopted in railways for minimization of switching losses and conduction losses both at low and high current that allows maximizing rail acceleration and driving range. 
This report contains market size and forecasts of Railway Traction Inverter in global, including the following market information:
Global Railway Traction Inverter Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Railway Traction Inverter Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Railway Traction Inverter companies in 2021 (%)
The global Railway Traction Inverter market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Less Than 1 MW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Railway Traction Inverter include Voith, Mitsubishi Electric, American Traction Systems, Simatex AG, Hitachi, Alstom and Albiero Medha, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Railway Traction Inverter manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Railway Traction Inverter Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Traction Inverter Market Segment Percentages, by Type, 2021 (%)
Less Than 1 MW
Equal or More than 1 MW
Global Railway Traction Inverter Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Traction Inverter Market Segment Percentages, by Application, 2021 (%)
Original Equipment Manufacturer
Aftermarket
Global Railway Traction Inverter Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Railway Traction Inverter Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Railway Traction Inverter revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Railway Traction Inverter revenues share in global market, 2021 (%)
Key companies Railway Traction Inverter sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Railway Traction Inverter sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Voith
Mitsubishi Electric
American Traction Systems
Simatex AG
Hitachi
Alstom
Albiero Medha