Traction Transformer Market was valued at USD 528.0 Million in 2015 and is expected to grow at a CAGR of 4%. The pace of development of promising rail infrastructure in many countries around the world and the growing demand for faster commuter networks has helped the market gain momentum over the years. To ensure steady […]
Tag Archives: Traction Transformer Market
The global traction transformer market was valued at US$540.50 Mn in 2018 and is expected to reach 750.80 Mn by 2026 at a CAGR of 4% over the forecast period. The traction transformer market demand is driven primarily by advances in rail infrastructure around the world. Governments of each country are taking the lead in […]