The rolling stock power conversion system used in rolling stock converts alternating current into direct current and generates power to propel the rolling stock forward.
This report contains market size and forecasts of Rolling Stock Power Conversion System in global, including the following market information:
Global Rolling Stock Power Conversion System Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Rolling Stock Power Conversion System Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Rolling Stock Power Conversion System companies in 2021 (%)
The global Rolling Stock Power Conversion System 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.
Locomotives Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Rolling Stock Power Conversion System include ABB, Alstom, Bombardier, CRRC Corporation Ltd., Hitachi Ltd., Siemens AG, Strukton, Toshiba Corporation and Turbo Power Systems and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Rolling Stock Power Conversion System 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 Rolling Stock Power Conversion System Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rolling Stock Power Conversion System Market Segment Percentages, by Type, 2021 (%)
Locomotives
Metros
Monorails
Trams
Freight Wagons
Passenger Coaches
Global Rolling Stock Power Conversion System Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rolling Stock Power Conversion System Market Segment Percentages, by Application, 2021 (%)
Alternator
DC Generator
Global Rolling Stock Power Conversion System Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Rolling Stock Power Conversion System 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 Rolling Stock Power Conversion System revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Rolling Stock Power Conversion System revenues share in global market, 2021 (%)
Key companies Rolling Stock Power Conversion System sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Rolling Stock Power Conversion System sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Alstom
Bombardier
CRRC Corporation Ltd.
Hitachi Ltd.
Siemens AG
Strukton
Toshiba Corporation
Turbo Power Systems
Trimble Inc.