APO Research
Talk to an analyst

APO RESEARCH · REPORT

Traction Converter

Traction converters are converters that supply traction motors, including high power diodes and thyristors, capacitors and reactors. The function of the traction converter is to convert the electric energy between the DC system and the AC system, and to control and regulate various traction motors to control the operation of the locomotive.

Explore the product
View pricing & licenses

Product & engineering

Understand the product.

Traction converters are converters that supply traction motors, including high power diodes and thyristors, capacitors and reactors. The function of the traction converter is to convert the electric energy between the DC system and the AC system, and to control and regulate various traction motors to control the operation of the locomotive.

Selected research

Market Analysis & Forecast

Global Traction Converter Market Analysis and Forecast 2026-2032

27 December 2025211 pages

Choose your research edition.

Industry ResearchTraction Converter Industry Research Report 2026122 pages · $2,950 USDIndustry Growth & TrendsGlobal Traction Converter Industry Growth and Trends Forecast to 2032103 pages · $3,450 USDMarket StructureGlobal Traction Converter Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032193 pages · $3,950 USDMarket Outlook & Growth OpportunitiesGlobal Traction Converter Market Outlook and Growth Opportunities 2026195 pages · $4,250 USDMarket Analysis & ForecastGlobal Traction Converter Market Analysis and Forecast 2026-2032211 pages · $4,950 USD

Market perspective

Traction converters are converters that supply traction motors, including high power diodes and thyristors, capacitors and reactors. The function of the traction converter is to convert the electric energy between the DC system and the AC system, and to control and regulate various traction motors to control the operation of the locomotive.

The industry's leading producers are ABB, CRRC and Siemens, with revenue ratios of 34.62%, 20.17% and 11.04%, respectively, in 2019.

This report presents an overview of global market for Traction Converter, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.

Read the full market overview

This report researches the key producers of Traction Converter, also provides the consumption of main regions and countries. Of the upcoming market potential for Traction Converter, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Traction Converter sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Traction Converter market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Traction Converter sales, projected growth trends, production technology, application and end-user industry.

Traction Converter Segment by Company

ABB

CRRC

Siemens

Ingeteam

Bombardier

Voith

Toshiba

CAF Power & Automation

Končar

Medha

Inovance

Cgglobal

Traction Converter Segment by Type

Propulsion Converter

Integrated Compact Converter

Traction Converter Segment by Application

Diesel Locomotive

Electric Locomotive

EMU

Metro and DEMU

Traction Converter Segment by Region

North America

United States

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Spain

Netherlands

Switzerland

Sweden

Poland

Asia-Pacific

China

Japan

South Korea

India

Australia

Taiwan

Southeast Asia

South America

Brazil

Argentina

Chile

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Study Objectives

1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.

3. To split the breakdown data by regions, type, manufacturers, and Application.

4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.

5. To identify significant trends, drivers, influence factors in global and regions.

6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Traction Converter market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Traction Converter and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market.

5. This report helps stakeholders to gain insights into which regions to target globally.

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Traction Converter.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and 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 the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Traction Converter production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.

Chapter 4: Sales (consumption), revenue of Traction Converter in global, regional level and country level. 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 of each country in the world.

Chapter 5: Detailed analysis of Traction Converter manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7: Provides the analysis of various market segments by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Traction Converter sales, revenue, price, gross margin, and recent development, etc.

Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.

Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.

Chapter 11: China by type, by application, sales, and revenue for each segment.

Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.

Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.

Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.

Chapter 15: The main concluding insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Global Traction Converter Market Size Growth Rate by Type (US$ Million), 2021 VS 2025 VS 2032 Table 2. Propulsion Converter Major Manufacturers Table 3. Integrated Compact Converter Major Manufacturers Table 4. Global Traction Converter Market Size Growth Rate by Application (US$ Million), 2021 VS 2025 VS 2032 Table 5. Diesel Locomotive Major Manufacturers Table 6. Electric Locomotive Major Manufacturers Table 7. EMU Major Manufacturers Table 8. Metro and DEMU Major Manufacturers Table 9. Traction Converter Industry Trends Table 10. Traction Converter Industry Drivers Table 11. Traction Converter Industry Opportunities and Challenges Table 12. Traction Converter Industry Restraints Table 13. Global Traction Converter Production Growth Rate (CAGR) by Region: 2021 VS 2025 VS 2032 (Unit) Table 14. Global Traction Converter Production by Region (2021-2026) & (Unit) Table 15. Global Traction Converter Production by Region (2027-2032) & (Unit) Table 16. Global Traction Converter Production Market Share by Region (2021-2026) Table 17. Global Traction Converter Production Market Share by Region (2027-2032) Table 18. Global Traction Converter Revenue Grow Rate (CAGR) by Region: 2021 VS 2025 VS 2032 (US$ Million) Table 19. Global Traction Converter Revenue by Region (2021-2026) & (US$ Million) Table 20. Global Traction Converter Revenue by Region (2027-2032) & (US$ Million) Table 21. Global Traction Converter Revenue Market Share by Region (2021-2026) Table 22. Global Traction Converter Revenue Market Share by Region (2027-2032) Table 23. Global Traction Converter Sales Grow Rate (CAGR) by Region: 2021 VS 2025 VS 2032 (Unit) Table 24. Global Traction Converter Sales by Region (2021-2026) & (Unit) Table 25. Global Traction Converter Sales by Region (2027-2032) & (Unit) Table 26. Global Traction Converter Sales Market Share by Region (2021-2026) Table 27. Global Traction Converter Sales Market Share by Region (2027-2032) Table 28. Global Traction Converter Revenue by Manufacturers (US$ Million) & (2021-2026) Table 29. Global Traction Converter Revenue Market Share by Manufacturers (2021-2026) Table 30. Global Traction Converter Sales by Manufacturers (US$ Million) & (2021-2026) Table 31. Global Traction Converter Sales Market Share by Manufacturers (2021-2026) Table 32. Global Traction Converter Sales Price (K US$/Unit) of Manufacturers (2021-2026) Table 33. Global Traction Converter Key Manufacturers Ranking, 2024 VS 2025 VS 2026 Table 34. Global Traction Converter Key Manufacturers Manufacturing Sites & Headquarters Table 35. Global Traction Converter Manufacturers, Product Type & Application Table 36. Global Traction Converter Manufacturers Commercialization Time Table 37. Global Manufacturers Market Concentration Ratio (CR5 and HHI) Table 38. Global Traction Converter by Manufacturers Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue of 2025) Table 39. Global Traction Converter Revenue by Type (2021-2026) & (US$ Million) Table 40. Global Traction Converter Revenue by Type (2027-2032) & (US$ Million) Table 41. Global Traction Converter Revenue Market Share by Type (2021-2026) Table 42. Global Traction Converter Revenue Market Share by Type (2027-2032) Table 43. Global Traction Converter Sales by Type (2021-2026) & (Unit) Table 44. Global Traction Converter Sales by Type (2027-2032) & (Unit) Table 45. Global Traction Converter Sales Market Share by Type (2021-2026) Table 46. Global Traction Converter Sales Market Share by Type (2027-2032) Table 47. Global Traction Converter Price by Type (2021-2026) & (K US$/Unit) Table 48. Global Traction Converter Price by Type (2027-2032) & (K US$/Unit) Table 49. Global Traction Converter Revenue by Application (2021-2026) & (US$ Million) Table 50. Global Traction Converter Revenue by Application (2027-2032) & (US$ Million) Table 51. Global Traction Converter Revenue Market Share by Application (2021-2026) Table 52. Global Traction Converter Revenue Market Share by Application (2027-2032) Table 53. Global Traction Converter Sales by Application (2021-2026) & (Unit) Table 54. Global Traction Converter Sales by Application (2027-2032) & (Unit) Table 55. Global Traction Converter Sales Market Share by Application (2021-2026) Table 56. Global Traction Converter Sales Market Share by Application (2027-2032) Table 57. Global Traction Converter Price by Application (2021-2026) & (K US$/Unit) Table 58. Global Traction Converter Price by Application (2027-2032) & (K US$/Unit) Table 59. ABB Company Information Table 60. ABB Business Overview Table 61. ABB Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 62. ABB Traction Converter Product Portfolio Table 63. ABB Recent Development Table 64. CRRC Company Information Table 65. CRRC Business Overview Table 66. CRRC Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 67. CRRC Traction Converter Product Portfolio Table 68. CRRC Recent Development Table 69. Siemens Company Information Table 70. Siemens Business Overview Table 71. Siemens Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 72. Siemens Traction Converter Product Portfolio Table 73. Siemens Recent Development Table 74. Ingeteam Company Information Table 75. Ingeteam Business Overview Table 76. Ingeteam Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 77. Ingeteam Traction Converter Product Portfolio Table 78. Ingeteam Recent Development Table 79. Bombardier Company Information Table 80. Bombardier Business Overview Table 81. Bombardier Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 82. Bombardier Traction Converter Product Portfolio Table 83. Bombardier Recent Development Table 84. Voith Company Information Table 85. Voith Business Overview Table 86. Voith Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 87. Voith Traction Converter Product Portfolio Table 88. Voith Recent Development Table 89. Toshiba Company Information Table 90. Toshiba Business Overview Table 91. Toshiba Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 92. Toshiba Traction Converter Product Portfolio Table 93. Toshiba Recent Development Table 94. CAF Power & Automation Company Information Table 95. CAF Power & Automation Business Overview Table 96. CAF Power & Automation Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 97. CAF Power & Automation Traction Converter Product Portfolio Table 98. CAF Power & Automation Recent Development Table 99. Končar Company Information Table 100. Končar Business Overview Table 101. Končar Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 102. Končar Traction Converter Product Portfolio Table 103. Končar Recent Development Table 104. Medha Company Information Table 105. Medha Business Overview Table 106. Medha Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 107. Medha Traction Converter Product Portfolio Table 108. Medha Recent Development Table 109. Inovance Company Information Table 110. Inovance Business Overview Table 111. Inovance Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 112. Inovance Traction Converter Product Portfolio Table 113. Inovance Recent Development Table 114. Cgglobal Company Information Table 115. Cgglobal Business Overview Table 116. Cgglobal Traction Converter Sales (Unit), Revenue (US$ Million), Price (K US$/Unit) and Gross Margin (2021-2026) Table 117. Cgglobal Traction Converter Product Portfolio Table 118. Cgglobal Recent Development Table 119. North America Traction Converter Revenue by Type (2021-2026) & (US$ Million) Table 120. North America Traction Converter Revenue by Type (2027-2032) & (US$ Million) Table 121. North America Traction Converter Sales by Type (2021-2026) & (Unit) Table 122. North America Traction Converter Sales by Type (2027-2032) & (Unit) Table 123. North America Traction Converter Sales Price by Type (2021-2026) & (K US$/Unit) Table 124. North America Traction Converter Sales Price by Type (2027-2032) & (K US$/Unit) Table 125. North America Traction Converter Revenue by Application (2021-2026) & (US$ Million) Table 126. North America Traction Converter Revenue by Application (2027-2032) & (US$ Million) Table 127. North America Traction Converter Sales by Application (2021-2026) & (Unit) Table 128. North America Traction Converter Sales by Application (2027-2032) & (Unit) Table 129. North America Traction Converter Sales Price by Application (2021-2026) & (K US$/Unit) Table 130. North America Traction Converter Sales Price by Application (2027-2032) & (K US$/Unit) Table 131. North America Traction Converter Revenue Grow Rate by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 132. North America Traction Converter Revenue Grow Rate by Country (2021-2026) & (US$ Million) Table 133. North America Traction Converter Revenue Grow Rate by Country (2027-2032) & (US$ Million) Table 134. North America Traction Converter Sales by Country (2021 VS 2025 VS 2032) & (Unit) Table 135. North America Traction Converter Sales by Country (2021-2026) & (Unit) Table 136. North America Traction Converter Sales by Country (2027-2032) & (Unit) Table 137. North America Traction Converter Sales Price by Country (2021-2026) & (K US$/Unit) Table 138. North America Traction Converter Sales Price by Country (2027-2032) & (K US$/Unit) Table 139. United States Traction Converter Revenue (2021-2032) & (US$ Million) Table 140. Canada Traction Converter Revenue (2021-2032) & (US$ Million) Table 141. Mexico Traction Converter Revenue (2021-2032) & (US$ Million) Table 142. Europe Traction Converter Revenue by Type (2021-2026) & (US$ Million) Table 143. Europe Traction Converter Revenue by Type (2027-2032) & (US$ Million) Table 144. Europe Traction Converter Sales by Type (2021-2026) & (Unit) Table 145. Europe Traction Converter Sales by Type (2027-2032) & (Unit) Table 146. Europe Traction Converter Sales Price by Type (2021-2026) & (K US$/Unit) Table 147. Europe Traction Converter Sales Price by Type (2027-2032) & (K US$/Unit) Table 148. Europe Traction Converter Revenue by Application (2021-2026) & (US$ Million) Table 149. Europe Traction Converter Revenue by Application (2027-2032) & (US$ Million) Table 150. Europe Traction Converter Sales by Application (2021-2026) & (Unit) Table 151. Europe Traction Converter Sales by Application (2027-2032) & (Unit) Table 152. Europe Traction Converter Sales Price by Application (2021-2026) & (K US$/Unit) Table 153. Europe Traction Converter Sales Price by Application (2027-2032) & (K US$/Unit) Table 154. Europe Traction Converter Revenue Grow Rate by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 155. Europe Traction Converter Revenue Grow Rate by Country (2021-2026) & (US$ Million) Table 156. Europe Traction Converter Revenue Grow Rate by Country (2027-2032) & (US$ Million) Table 157. Europe Traction Converter Sales by Country (2021 VS 2025 VS 2032) & (Unit) Table 158. Europe Traction Converter Sales by Country (2021-2026) & (Unit) Table 159. Europe Traction Converter Sales by Country (2027-2032) & (Unit) Table 160. Europe Traction Converter Sales Price by Country (2021-2026) & (K US$/Unit) Table 161. Europe Traction Converter Sales Price by Country (2027-2032) & (K US$/Unit) Table 162. Germany Traction Converter Revenue (2021-2032) & (US$ Million) Table 163. France Traction Converter Revenue (2021-2032) & (US$ Million) Table 164. U.K. Traction Converter Revenue (2021-2032) & (US$ Million) Table 165. Italy Traction Converter Revenue (2021-2032) & (US$ Million) Table 166. Russia Traction Converter Revenue (2021-2032) & (US$ Million) Table 167. Spain Traction Converter Revenue (2021-2032) & (US$ Million) Table 168. Netherlands Traction Converter Revenue (2021-2032) & (US$ Million) Table 169. Switzerland Traction Converter Revenue (2021-2032) & (US$ Million) Table 170. Sweden Traction Converter Revenue (2021-2032) & (US$ Million) Table 171. Poland Traction Converter Revenue (2021-2032) & (US$ Million) Table 172. China Traction Converter Revenue by Type (2021-2026) & (US$ Million) Table 173. China Traction Converter Revenue by Type (2027-2032) & (US$ Million) Table 174. China Traction Converter Sales by Type (2021-2026) & (Unit) Table 175. China Traction Converter Sales by Type (2027-2032) & (Unit) Table 176. China Traction Converter Sales Price by Type (2021-2026) & (K US$/Unit) Table 177. China Traction Converter Sales Price by Type (2027-2032) & (K US$/Unit) Table 178. China Traction Converter Revenue by Application (2021-2026) & (US$ Million) Table 179. China Traction Converter Revenue by Application (2027-2032) & (US$ Million) Table 180. China Traction Converter Sales by Application (2021-2026) & (Unit) Table 181. China Traction Converter Sales by Application (2027-2032) & (Unit) Table 182. China Traction Converter Sales Price by Application (2021-2026) & (K US$/Unit) Table 183. China Traction Converter Sales Price by Application (2027-2032) & (K US$/Unit) Table 184. Asia Traction Converter Revenue by Type (2021-2026) & (US$ Million) Table 185. Asia Traction Converter Revenue by Type (2027-2032) & (US$ Million) Table 186. Asia Traction Converter Sales by Type (2021-2026) & (Unit) Table 187. Asia Traction Converter Sales by Type (2027-2032) & (Unit) Table 188. Asia Traction Converter Sales Price by Type (2021-2026) & (K US$/Unit) Table 189. Asia Traction Converter Sales Price by Type (2027-2032) & (K US$/Unit) Table 190. Asia Traction Converter Revenue by Application (2021-2026) & (US$ Million) Table 191. Asia Traction Converter Revenue by Application (2027-2032) & (US$ Million) Table 192. Asia Traction Converter Sales by Application (2021-2026) & (Unit) Table 193. Asia Traction Converter Sales by Application (2027-2032) & (Unit) Table 194. Asia Traction Converter Sales Price by Application (2021-2026) & (K US$/Unit) Table 195. Asia Traction Converter Sales Price by Application (2027-2032) & (K US$/Unit) Table 196. Asia Traction Converter Revenue Grow Rate by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 197. Asia Traction Converter Revenue Grow Rate by Country (2021-2026) & (US$ Million) Table 198. Asia Traction Converter Revenue Grow Rate by Country (2027-2032) & (US$ Million) Table 199. Asia Traction Converter Sales by Country (2021 VS 2025 VS 2032) & (Unit) Table 200. Asia Traction Converter Sales by Country (2021-2026) & (Unit) Table 201. Asia Traction Converter Sales by Country (2027-2032) & (Unit) Table 202. Asia Traction Converter Sales Price by Country (2021-2026) & (K US$/Unit) Table 203. Asia Traction Converter Sales Price by Country (2027-2032) & (K US$/Unit) Table 204. Japan Traction Converter Revenue (2021-2032) & (US$ Million) Table 205. South Korea Traction Converter Revenue (2021-2032) & (US$ Million) Table 206. India Traction Converter Revenue (2021-2032) & (US$ Million) Table 207. Australia Traction Converter Revenue (2021-2032) & (US$ Million) Table 208. Taiwan Traction Converter Revenue (2021-2032) & (US$ Million) Table 209. Southeast Asia Traction Converter Revenue (2021-2032) & (US$ Million) Table 210. SAMEA Traction Converter Revenue by Type (2021-2026) & (US$ Million) Table 211. SAMEA Traction Converter Revenue by Type (2027-2032) & (US$ Million) Table 212. SAMEA Traction Converter Sales by Type (2021-2026) & (Unit) Table 213. SAMEA Traction Converter Sales by Type (2027-2032) & (Unit) Table 214. SAMEA Traction Converter Sales Price by Type (2021-2026) & (K US$/Unit) Table 215. SAMEA Traction Converter Sales Price by Type (2027-2032) & (K US$/Unit) Table 216. SAMEA Traction Converter Revenue by Application (2021-2026) & (US$ Million) Table 217. SAMEA Traction Converter Revenue by Application (2027-2032) & (US$ Million) Table 218. SAMEA Traction Converter Sales by Application (2021-2026) & (Unit) Table 219. SAMEA Traction Converter Sales by Application (2027-2032) & (Unit) Table 220. SAMEA Traction Converter Sales Price by Application (2021-2026) & (K US$/Unit) Table 221. SAMEA Traction Converter Sales Price by Application (2027-2032) & (K US$/Unit) Table 222. SAMEA Traction Converter Revenue Grow Rate by Country (2021 VS 2025 VS 2032) & (US$ Million) Table 223. SAMEA Traction Converter Revenue Grow Rate by Country (2021-2026) & (US$ Million) Table 224. SAMEA Traction Converter Revenue Grow Rate by Country (2027-2032) & (US$ Million) Table 225. SAMEA Traction Converter Sales by Country (2021 VS 2025 VS 2032) & (Unit) Table 226. SAMEA Traction Converter Sales by Country (2021-2026) & (Unit) Table 227. SAMEA Traction Converter Sales by Country (2027-2032) & (Unit) Table 228. SAMEA Traction Converter Sales Price by Country (2021-2026) & (K US$/Unit) Table 229. SAMEA Traction Converter Sales Price by Country (2027-2032) & (K US$/Unit) Table 230. Brazil Traction Converter Revenue (2021-2032) & (US$ Million) Table 231. Argentina Traction Converter Revenue (2021-2032) & (US$ Million) Table 232. Chile Traction Converter Revenue (2021-2032) & (US$ Million) Table 233. Colombia Traction Converter Revenue (2021-2032) & (US$ Million) Table 234. Peru Traction Converter Revenue (2021-2032) & (US$ Million) Table 235. Saudi Arabia Traction Converter Revenue (2021-2032) & (US$ Million) Table 236. Israel Traction Converter Revenue (2021-2032) & (US$ Million) Table 237. UAE Traction Converter Revenue (2021-2032) & (US$ Million) Table 238. Turkey Traction Converter Revenue (2021-2032) & (US$ Million) Table 239. Iran Traction Converter Revenue (2021-2032) & (US$ Million) Table 240. Egypt Traction Converter Revenue (2021-2032) & (US$ Million) Table 241. Key Raw Materials Table 242. Raw Materials Key Suppliers Table 243. Traction Converter Distributors List Table 244. Traction Converter Customers List Table 245. Research Programs/Design for This Report Table 246. Authors List of This Report Table 247. Secondary Sources Table 248. Primary Sources List of Figures Figure 1. Traction Converter Product Image Figure 2. Global Traction Converter Market Size Growth Rate by Type (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Traction Converter Market Size Share 2021 VS 2025 VS 2032 Figure . Propulsion Converter Image Figure 1. Integrated Compact Converter Image Figure 2. Global Traction Converter Market Size Growth Rate by Application (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Traction Converter Market Size Share 2021 VS 2025 VS 2032 Figure 4. Diesel Locomotive Image Figure 5. Electric Locomotive Image Figure 6. EMU Image Figure 7. Metro and DEMU Image Figure 8. Global Traction Converter Capacity, Capacity Utilization (2021-2032) & (Unit) Figure 9. Global Traction Converter Production by Region: 2021 VS 2025 VS 2032 (Unit) Figure 10. Global Traction Converter Production Market Share by Region: 2025 Versus 2032 Figure 11. Global Traction Converter Production Market Share by Region (2021-2032) Figure 12. North America Traction Converter Production Growth Rate (2021-2032) & (Unit) Figure 13. Europe Traction Converter Production Growth Rate (2021-2032) & (Unit) Figure 14. China Traction Converter Production Growth Rate (2021-2032) & (Unit) Figure 15. Japan Traction Converter Production Growth Rate (2021-2032) & (Unit) Figure 16. South Korea Traction Converter Production Growth Rate (2021-2032) & (Unit) Figure 17. India Traction Converter Production Growth Rate (2021-2032) & (Unit) Figure 18. Global Traction Converter Revenue (US$ Million), 2021 VS 2025 VS 2032 Figure 19. Global Traction Converter Revenue (2021-2032) & (US$ Million) Figure 20. Global Traction Converter Revenue (CAGR) by Region: 2021 VS 2025 VS 2032 (US$ Million) Figure 21. Global Traction Converter Revenue Market Share by Region: 2025 Versus 2032 Figure 22. Global Traction Converter Revenue Market Share by Region (2021-2032) Figure 23. Global Traction Converter Sales (2021-2032) & (Unit) Figure 24. Global Traction Converter Sales by Region: 2021 VS 2025 VS 2032 (Unit) Figure 25. Global Traction Converter Sales Market Share by Region (2021-2032) Figure 26. North America Traction Converter Sales YoY (2021-2032) & (Unit) Figure 27. Europe Traction Converter Sales YoY (2021-2032) & (Unit) Figure 28. China Traction Converter Sales YoY (2021-2032) & (Unit) Figure 29. Asia (Excluding China) Traction Converter Sales YoY (2021-2032) & (Unit) Figure 30. South America, Middle East and Africa Traction Converter Sales YoY (2021-2032) & (Unit) Figure 31. Global Traction Converter Manufacturers Revenue Share Top 10 and Top 5 in 2025 Figure 32. Global Traction Converter Manufacturers Sales Share Top 10 and Top 5 in 2025 Figure 33. Manufacturers Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 34. Global Traction Converter Revenue Market Share by Type (2021-2032) Figure 35. Global Traction Converter Sales Market Share by Type (2021-2032) Figure 36. Global Traction Converter Revenue Market Share by Application (2021-2032) Figure 37. Global Traction Converter Sales Market Share by Application (2021-2032) Figure 38. North America Traction Converter Revenue Share by Type (2021-2032) Figure 39. North America Traction Converter Sales Share by Type (2021-2032) Figure 40. North America Traction Converter Revenue Share by Application (2021-2032) Figure 41. North America Traction Converter Sales Share by Application (2021-2032) Figure 42. North America Traction Converter Revenue Share by Country (2021-2032) Figure 43. North America Traction Converter Sales Share by Country (2021-2032) Figure 44. Europe Traction Converter Revenue Share by Type (2021-2032) Figure 45. Europe Traction Converter Sales Share by Type (2021-2032) Figure 46. Europe Traction Converter Revenue Share by Application (2021-2032) Figure 47. Europe Traction Converter Sales Share by Application (2021-2032) Figure 48. Europe Traction Converter Revenue Share by Country (2021-2032) Figure 49. Europe Traction Converter Sales Share by Country (2021-2032) Figure 50. China Traction Converter Revenue Share by Type (2021-2032) Figure 51. China Traction Converter Sales Share by Type (2021-2032) Figure 52. China Traction Converter Revenue Share by Application (2021-2032) Figure 53. China Traction Converter Sales Share by Application (2021-2032) Figure 54. Asia Traction Converter Revenue Share by Type (2021-2032) Figure 55. Asia Traction Converter Sales Share by Type (2021-2032) Figure 56. Asia Traction Converter Revenue Share by Application (2021-2032) Figure 57. Asia Traction Converter Sales Share by Application (2021-2032) Figure 58. Asia Traction Converter Revenue Share by Country (2021-2032) Figure 59. Asia Traction Converter Sales Share by Country (2021-2032) Figure 60. SAMEA Traction Converter Revenue Share by Type (2021-2032) Figure 61. SAMEA Traction Converter Sales Share by Type (2021-2032) Figure 62. SAMEA Traction Converter Revenue Share by Application (2021-2032) Figure 63. SAMEA Traction Converter Sales Share by Application (2021-2032) Figure 64. SAMEA Traction Converter Revenue Share by Country (2021-2032) Figure 65. SAMEA Traction Converter Sales Share by Country (2021-2032) Figure 66. Traction Converter Value Chain Figure 67. Manufacturing Cost Structure Figure 68. Traction Converter Production Mode & Process Figure 69. Direct Comparison with Distribution Share Figure 70. Distributors Profiles Figure 71. Years Considered Figure 72. Research Process Figure 73. Key Executives Interviewed

Scope & coverage.

Types
  • Propulsion Converter
  • Integrated Compact Converter
Applications
  • Diesel Locomotive
  • Electric Locomotive
  • EMU
  • Metro and DEMU
Companies covered
  • ABB
  • CRRC
  • Siemens
  • Ingeteam
  • Bombardier
  • Voith
  • Toshiba
  • CAF Power & Automation
  • Končar
  • Medha
  • Inovance
  • Cgglobal

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Traction Converter Market by Type
  3. 1.2.1 Global Traction Converter Market Size by Type, 2021 VS 2025 VS 2032
  4. 1.2.2 Propulsion Converter
  5. 1.2.3 Integrated Compact Converter
  6. 1.3 Traction Converter Market by Application
  7. 1.3.1 Global Traction Converter Market Size by Application, 2021 VS 2025 VS 2032
  8. 1.3.2 Diesel Locomotive
  9. 1.3.3 Electric Locomotive
  10. 1.3.4 EMU
  11. 1.3.5 Metro and DEMU
  12. 1.4 Assumptions and Limitations
  13. 1.5 Study Goals and Objectives
2 Traction Converter Market Dynamics
  1. 2.1 Traction Converter Industry Trends
  2. 2.2 Traction Converter Industry Drivers
  3. 2.3 Traction Converter Industry Opportunities and Challenges
  4. 2.4 Traction Converter Industry Restraints
3 Global Traction Converter Production Overview
  1. 3.1 Global Traction Converter Production Capacity (2021-2032)
  2. 3.2 Global Traction Converter Production by Region: 2021 VS 2025 VS 2032
  3. 3.3 Global Traction Converter Production by Region
  4. 3.3.1 Global Traction Converter Production by Region (2021-2026)
  5. 3.3.2 Global Traction Converter Production by Region (2027-2032)
  6. 3.3.3 Global Traction Converter Production Market Share by Region (2021-2032)
  7. 3.4 North America
  8. 3.5 Europe
  9. 3.6 China
  10. 3.7 Japan
  11. 3.8 South Korea
  12. 3.9 India
4 Global Market Growth Prospects
  1. 4.1 Global Traction Converter Revenue Estimates and Forecasts (2021-2032)
  2. 4.2 Global Traction Converter Revenue by Region
  3. 4.2.1 Global Traction Converter Revenue by Region: 2021 VS 2025 VS 2032
  4. 4.2.2 Global Traction Converter Revenue by Region (2021-2026)
  5. 4.2.3 Global Traction Converter Revenue by Region (2027-2032)
  6. 4.2.4 Global Traction Converter Revenue Market Share by Region (2021-2032)
  7. 4.3 Global Traction Converter Sales Estimates and Forecasts 2021-2032
  8. 4.4 Global Traction Converter Sales by Region
  9. 4.4.1 Global Traction Converter Sales by Region: 2021 VS 2025 VS 2032
  10. 4.4.2 Global Traction Converter Sales by Region (2021-2026)
  11. 4.4.3 Global Traction Converter Sales by Region (2027-2032)
  12. 4.4.4 Global Traction Converter Sales Market Share by Region (2021-2032)
  13. 4.5 North America
  14. 4.6 Europe
  15. 4.7 China
  16. 4.8 Asia (Excluding China)
  17. 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
  1. 5.1 Global Traction Converter Revenue by Manufacturers
  2. 5.1.1 Global Traction Converter Revenue by Manufacturers (2021-2026)
  3. 5.1.2 Global Traction Converter Revenue Market Share by Manufacturers (2021-2026)
  4. 5.1.3 Global Traction Converter Manufacturers Revenue Share Top 10 and Top 5 in 2025
  5. 5.2 Global Traction Converter Sales by Manufacturers
  6. 5.2.1 Global Traction Converter Sales by Manufacturers (2021-2026)
  7. 5.2.2 Global Traction Converter Sales Market Share by Manufacturers (2021-2026)
  8. 5.2.3 Global Traction Converter Manufacturers Sales Share Top 10 and Top 5 in 2025
  9. 5.3 Global Traction Converter Sales Price by Manufacturers (2021-2026)
  10. 5.4 Global Traction Converter Key Manufacturers Ranking, 2024 VS 2025 VS 2026
  11. 5.5 Global Traction Converter Key Manufacturers Manufacturing Sites & Headquarters
  12. 5.6 Global Traction Converter Manufacturers, Product Type & Application
  13. 5.7 Global Traction Converter Manufacturers Commercialization Time
  14. 5.8 Market Competitive Analysis
  15. 5.8.1 Global Traction Converter Market CR5 and HHI
  16. 5.8.2 2025 Traction Converter Tier 1, Tier 2, and Tier 3
6 Traction Converter Market by Type
  1. 6.1 Global Traction Converter Revenue by Type
  2. 6.1.1 Global Traction Converter Revenue by Type (2021-2032) & (US$ Million)
  3. 6.1.2 Global Traction Converter Revenue Market Share by Type (2021-2032)
  4. 6.2 Global Traction Converter Sales by Type
  5. 6.2.1 Global Traction Converter Sales by Type (2021-2032) & (Unit)
  6. 6.2.2 Global Traction Converter Sales Market Share by Type (2021-2032)
  7. 6.3 Global Traction Converter Price by Type
7 Traction Converter Market by Application
  1. 7.1 Global Traction Converter Revenue by Application
  2. 7.1.1 Global Traction Converter Revenue by Application (2021-2032) & (US$ Million)
  3. 7.1.2 Global Traction Converter Revenue Market Share by Application (2021-2032)
  4. 7.2 Global Traction Converter Sales by Application
  5. 7.2.1 Global Traction Converter Sales by Application (2021-2032) & (Unit)
  6. 7.2.2 Global Traction Converter Sales Market Share by Application (2021-2032)
  7. 7.3 Global Traction Converter Price by Application
8 Company Profiles
  1. 8.1 ABB
  2. 8.1.1 ABB Company Information
  3. 8.1.2 ABB Business Overview
  4. 8.1.3 ABB Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  5. 8.1.4 ABB Traction Converter Product Portfolio
  6. 8.1.5 ABB Recent Developments
  7. 8.2 CRRC
  8. 8.2.1 CRRC Company Information
  9. 8.2.2 CRRC Business Overview
  10. 8.2.3 CRRC Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  11. 8.2.4 CRRC Traction Converter Product Portfolio
  12. 8.2.5 CRRC Recent Developments
  13. 8.3 Siemens
  14. 8.3.1 Siemens Company Information
  15. 8.3.2 Siemens Business Overview
  16. 8.3.3 Siemens Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  17. 8.3.4 Siemens Traction Converter Product Portfolio
  18. 8.3.5 Siemens Recent Developments
  19. 8.4 Ingeteam
  20. 8.4.1 Ingeteam Company Information
  21. 8.4.2 Ingeteam Business Overview
  22. 8.4.3 Ingeteam Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  23. 8.4.4 Ingeteam Traction Converter Product Portfolio
  24. 8.4.5 Ingeteam Recent Developments
  25. 8.5 Bombardier
  26. 8.5.1 Bombardier Company Information
  27. 8.5.2 Bombardier Business Overview
  28. 8.5.3 Bombardier Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  29. 8.5.4 Bombardier Traction Converter Product Portfolio
  30. 8.5.5 Bombardier Recent Developments
  31. 8.6 Voith
  32. 8.6.1 Voith Company Information
  33. 8.6.2 Voith Business Overview
  34. 8.6.3 Voith Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  35. 8.6.4 Voith Traction Converter Product Portfolio
  36. 8.6.5 Voith Recent Developments
  37. 8.7 Toshiba
  38. 8.7.1 Toshiba Company Information
  39. 8.7.2 Toshiba Business Overview
  40. 8.7.3 Toshiba Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  41. 8.7.4 Toshiba Traction Converter Product Portfolio
  42. 8.7.5 Toshiba Recent Developments
  43. 8.8 CAF Power & Automation
  44. 8.8.1 CAF Power & Automation Company Information
  45. 8.8.2 CAF Power & Automation Business Overview
  46. 8.8.3 CAF Power & Automation Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  47. 8.8.4 CAF Power & Automation Traction Converter Product Portfolio
  48. 8.8.5 CAF Power & Automation Recent Developments
  49. 8.9 Končar
  50. 8.9.1 Končar Company Information
  51. 8.9.2 Končar Business Overview
  52. 8.9.3 Končar Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  53. 8.9.4 Končar Traction Converter Product Portfolio
  54. 8.9.5 Končar Recent Developments
  55. 8.10 Medha
  56. 8.10.1 Medha Company Information
  57. 8.10.2 Medha Business Overview
  58. 8.10.3 Medha Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  59. 8.10.4 Medha Traction Converter Product Portfolio
  60. 8.10.5 Medha Recent Developments
  61. 8.11 Inovance
  62. 8.11.1 Inovance Company Information
  63. 8.11.2 Inovance Business Overview
  64. 8.11.3 Inovance Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  65. 8.11.4 Inovance Traction Converter Product Portfolio
  66. 8.11.5 Inovance Recent Developments
  67. 8.12 Cgglobal
  68. 8.12.1 Cgglobal Company Information
  69. 8.12.2 Cgglobal Business Overview
  70. 8.12.3 Cgglobal Traction Converter Sales, Revenue, Price and Gross Margin (2021-2026)
  71. 8.12.4 Cgglobal Traction Converter Product Portfolio
  72. 8.12.5 Cgglobal Recent Developments
9 North America
  1. 9.1 North America Traction Converter Market Size by Type
  2. 9.1.1 North America Traction Converter Revenue by Type (2021-2032)
  3. 9.1.2 North America Traction Converter Sales by Type (2021-2032)
  4. 9.1.3 North America Traction Converter Price by Type (2021-2032)
  5. 9.2 North America Traction Converter Market Size by Application
  6. 9.2.1 North America Traction Converter Revenue by Application (2021-2032)
  7. 9.2.2 North America Traction Converter Sales by Application (2021-2032)
  8. 9.2.3 North America Traction Converter Price by Application (2021-2032)
  9. 9.3 North America Traction Converter Market Size by Country
  10. 9.3.1 North America Traction Converter Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
  11. 9.3.2 North America Traction Converter Sales by Country (2021 VS 2025 VS 2032)
  12. 9.3.3 North America Traction Converter Price by Country (2021-2032)
  13. 9.3.4 United States
  14. 9.3.5 Canada
  15. 9.3.6 Mexico
10 Europe
  1. 10.1 Europe Traction Converter Market Size by Type
  2. 10.1.1 Europe Traction Converter Revenue by Type (2021-2032)
  3. 10.1.2 Europe Traction Converter Sales by Type (2021-2032)
  4. 10.1.3 Europe Traction Converter Price by Type (2021-2032)
  5. 10.2 Europe Traction Converter Market Size by Application
  6. 10.2.1 Europe Traction Converter Revenue by Application (2021-2032)
  7. 10.2.2 Europe Traction Converter Sales by Application (2021-2032)
  8. 10.2.3 Europe Traction Converter Price by Application (2021-2032)
  9. 10.3 Europe Traction Converter Market Size by Country
  10. 10.3.1 Europe Traction Converter Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
  11. 10.3.2 Europe Traction Converter Sales by Country (2021 VS 2025 VS 2032)
  12. 10.3.3 Europe Traction Converter Price by Country (2021-2032)
  13. 10.3.4 Germany
  14. 10.3.5 France
  15. 10.3.6 U.K.
  16. 10.3.7 Italy
  17. 10.3.8 Russia
  18. 10.3.9 Spain
  19. 10.3.10 Netherlands
  20. 10.3.11 Switzerland
  21. 10.3.12 Sweden
11 China
  1. 11.1 China Traction Converter Market Size by Type
  2. 11.1.1 China Traction Converter Revenue by Type (2021-2032)
  3. 11.1.2 China Traction Converter Sales by Type (2021-2032)
  4. 11.1.3 China Traction Converter Price by Type (2021-2032)
  5. 11.2 China Traction Converter Market Size by Application
  6. 11.2.1 China Traction Converter Revenue by Application (2021-2032)
  7. 11.2.2 China Traction Converter Sales by Application (2021-2032)
  8. 11.2.3 China Traction Converter Price by Application (2021-2032)
12 Asia (Excluding China)
  1. 12.1 Asia Traction Converter Market Size by Type
  2. 12.1.1 Asia Traction Converter Revenue by Type (2021-2032)
  3. 12.1.2 Asia Traction Converter Sales by Type (2021-2032)
  4. 12.1.3 Asia Traction Converter Price by Type (2021-2032)
  5. 12.2 Asia Traction Converter Market Size by Application
  6. 12.2.1 Asia Traction Converter Revenue by Application (2021-2032)
  7. 12.2.2 Asia Traction Converter Sales by Application (2021-2032)
  8. 12.2.3 Asia Traction Converter Price by Application (2021-2032)
  9. 12.3 Asia Traction Converter Market Size by Country
  10. 12.3.1 Asia Traction Converter Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
  11. 12.3.2 Asia Traction Converter Sales by Country (2021 VS 2025 VS 2032)
  12. 12.3.3 Asia Traction Converter Price by Country (2021-2032)
  13. 12.3.4 Japan
  14. 12.3.5 South Korea
  15. 12.3.6 India
  16. 12.3.7 Australia
  17. 12.3.8 Taiwan
  18. 12.3.9 Southeast Asia
13 South America, Middle East and Africa
  1. 13.1 SAMEA Traction Converter Market Size by Type
  2. 13.1.1 SAMEA Traction Converter Revenue by Type (2021-2032)
  3. 13.1.2 SAMEA Traction Converter Sales by Type (2021-2032)
  4. 13.1.3 SAMEA Traction Converter Price by Type (2021-2032)
  5. 13.2 SAMEA Traction Converter Market Size by Application
  6. 13.2.1 SAMEA Traction Converter Revenue by Application (2021-2032)
  7. 13.2.2 SAMEA Traction Converter Sales by Application (2021-2032)
  8. 13.2.3 SAMEA Traction Converter Price by Application (2021-2032)
  9. 13.3 SAMEA Traction Converter Market Size by Country
  10. 13.3.1 SAMEA Traction Converter Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
  11. 13.3.2 SAMEA Traction Converter Sales by Country (2021 VS 2025 VS 2032)
  12. 13.3.3 SAMEA Traction Converter Price by Country (2021-2032)
  13. 13.3.4 Brazil
  14. 13.3.5 Argentina
  15. 13.3.6 Chile
  16. 13.3.7 Colombia
  17. 13.3.8 Peru
  18. 13.3.9 Saudi Arabia
  19. 13.3.10 Israel
  20. 13.3.11 UAE
  21. 13.3.12 Turkey
  22. 13.3.13 Iran
  23. 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
  1. 14.1 Traction Converter Value Chain Analysis
  2. 14.1.1 Traction Converter Key Raw Materials
  3. 14.1.2 Raw Materials Key Suppliers
  4. 14.1.3 Manufacturing Cost Structure
  5. 14.1.4 Traction Converter Production Mode & Process
  6. 14.2 Traction Converter Sales Channels Analysis
  7. 14.2.1 Direct Comparison with Distribution Share
  8. 14.2.2 Traction Converter Distributors
  9. 14.2.3 Traction Converter Customers
15 Concluding Insights
    16 Appendix
    1. 16.1 Reasons for Doing This Study
    2. 16.2 Research Methodology
    3. 16.3 Research Process
    4. 16.4 Authors List of This Report
    5. 16.5 Data Source
    6. 16.5.1 Secondary Sources
    7. 16.5.2 Primary Sources
    8. 16.6 Disclaimer

    GET THE RESEARCH

    Choose your license.

    Choose who needs access.
    All options are for this report and research series.

    Compare access permissions.

    Single User License
    One named user. Individual access.
    Multi User License
    Up to 5 users in the same department.
    Enterprise License
    Organization-wide access within the agreed license.

    Access applies to the purchased edition. Later editions are separate purchases.

    License options
    $4,950USD
    Buy now

    PDF by email within 3–5 working days after payment confirmation.

    Talk to an analyst
    APO Research
    Talk to an analyst