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Published Date: 2025-09-17 | Pages: 115 | Tables: 108 | Automobile & Transportation
The global market for Traction Inverters was valued at US$ 16960 million in the year 2024 and is projected to reach a revised size of US$ 34210 million by 2031, growing at a CAGR of 10.7% during the forecast period.
The traction inverter controls the traction electric motor in EV/HEVs. It is a key component as it is responsible for the performance of the vehicle. Minimization of conduction losses and switching losses both at high-, and low-current allows maximizing vehicle acceleration and driving range.
North American market for Traction Inverters is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Traction Inverters is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Traction Inverters include Voith, Mitsubishi Electric, American Traction Systems, Simatex AG, Hitachi, Alstom, Albiero Medha, BorgWarner, Siemens, ABB, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Traction Inverters, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Traction Inverters.
The Traction Inverters market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Traction Inverters market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Traction Inverters manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Voith
Mitsubishi Electric
American Traction Systems
Simatex AG
Hitachi
Alstom
Albiero Medha
BorgWarner
Siemens
ABB
TOSHIBA
Hitachi
Curtiss-Wright
Dana TM4
Prodrive Technologies
Zhuzhou CRRC Times Electric
by Type
SiC Modules
Si-IGBT(Insulated Gate Bipolar Transistor) Modules
by Application
Original Equipment Manufacturer (OEM)
Maintenance, Repair & Overhaul (MRO)
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, 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: Detailed analysis of Traction Inverters manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Traction Inverters by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Traction Inverters in 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, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
Research Methodology
The research methodology employed has been subjected by numerous procedures in order to guarantee the quality and accuracy of the data contained within the reports. The analysts are employed full-time and received more than six months training to satisfy the standard of our company. Our methodology can be divided into five stages:
★Stage 1 SECONDARY RESEARCH
The research team first collaborates with magazines, trade associations and administrative departments in the research field. The information provided by our internal documentation service is helpful for our further research. Our team has a wealth of experience and knowledge, and can effectively extract accurate information from existing resources.
★Stage 2 PRIMARY RESEARCH:INTERVIEWS WITH TRADE SOURCES
After the first stage, the research team conducts a large number of face-to-face or telephone interviews with representative companies working in the research field. Analysts are trying to have an opportunity to talk to leading companies and small companies in the field. Upstream suppliers, manufacturers, distributors, importers, installers, wholesalers and consumers were included in the interview. The data collected during the interview were then carefully examined and compared with the secondary study.
★Stage 3 ANALYSIS OF THE GATHERED DATA
The analysis team examines and synthesizes the data collected in the first two stages. In order to validate the data, a second round of interviews can be conducted.
★Stage 4 QUANTITATIVE DATA
The quantitative data such as market estimates, production and capacity of manufacturer, market forecasts and investment feasibility is provided by our company. The data is based on the estimates obtained during stage 3.
★Stage 5 QUALITY CONTROL
Before publishing, each report undergoes a rigorous review and editing process, which is done by the experience management team to ensure the reliability of the published data. Every analyst on the research team receives support and continuous training as part of our internal quality process.
1 Traction Inverters Market Overview
1.1 Product Definition
1.2 Traction Inverters by Type
1.2.1 Global Traction Inverters Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 SiC Modules
1.2.3 Si-IGBT(Insulated Gate Bipolar Transistor) Modules
1.3 Traction Inverters by Application
1.3.1 Global Traction Inverters Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Original Equipment Manufacturer (OEM)
1.3.3 Maintenance, Repair & Overhaul (MRO)
1.4 Global Market Growth Prospects
1.4.1 Global Traction Inverters Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Traction Inverters Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Traction Inverters Production Estimates and Forecasts (2020-2031)
1.4.4 Global Traction Inverters Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Traction Inverters Production Market Share by Manufacturers (2020-2025)
2.2 Global Traction Inverters Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Traction Inverters, Industry Ranking, 2023 VS 2024
2.4 Global Traction Inverters Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Traction Inverters Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Traction Inverters, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Traction Inverters, Product Offered and Application
2.8 Global Key Manufacturers of Traction Inverters, Date of Enter into This Industry
2.9 Traction Inverters Market Competitive Situation and Trends
2.9.1 Traction Inverters Market Concentration Rate
2.9.2 Global 5 and 10 Largest Traction Inverters Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Traction Inverters Production by Region
3.1 Global Traction Inverters Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Traction Inverters Production Value by Region (2020-2031)
3.2.1 Global Traction Inverters Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Traction Inverters by Region (2026-2031)
3.3 Global Traction Inverters Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Traction Inverters Production Volume by Region (2020-2031)
3.4.1 Global Traction Inverters Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Traction Inverters by Region (2026-2031)
3.5 Global Traction Inverters Market Price Analysis by Region (2020-2025)
3.6 Global Traction Inverters Production and Value, Year-over-Year Growth
3.6.1 North America Traction Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Traction Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Traction Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Traction Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.5 South Korea Traction Inverters Production Value Estimates and Forecasts (2020-2031)
3.6.6 India Traction Inverters Production Value Estimates and Forecasts (2020-2031)
4 Traction Inverters Consumption by Region
4.1 Global Traction Inverters Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Traction Inverters Consumption by Region (2020-2031)
4.2.1 Global Traction Inverters Consumption by Region (2020-2025)
4.2.2 Global Traction Inverters Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Traction Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Traction Inverters Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Traction Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Traction Inverters Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Traction Inverters Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Traction Inverters Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Traction Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Traction Inverters Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Traction Inverters Production by Type (2020-2031)
5.1.1 Global Traction Inverters Production by Type (2020-2025)
5.1.2 Global Traction Inverters Production by Type (2026-2031)
5.1.3 Global Traction Inverters Production Market Share by Type (2020-2031)
5.2 Global Traction Inverters Production Value by Type (2020-2031)
5.2.1 Global Traction Inverters Production Value by Type (2020-2025)
5.2.2 Global Traction Inverters Production Value by Type (2026-2031)
5.2.3 Global Traction Inverters Production Value Market Share by Type (2020-2031)
5.3 Global Traction Inverters Price by Type (2020-2031)
6 Segment by Application
6.1 Global Traction Inverters Production by Application (2020-2031)
6.1.1 Global Traction Inverters Production by Application (2020-2025)
6.1.2 Global Traction Inverters Production by Application (2026-2031)
6.1.3 Global Traction Inverters Production Market Share by Application (2020-2031)
6.2 Global Traction Inverters Production Value by Application (2020-2031)
6.2.1 Global Traction Inverters Production Value by Application (2020-2025)
6.2.2 Global Traction Inverters Production Value by Application (2026-2031)
6.2.3 Global Traction Inverters Production Value Market Share by Application (2020-2031)
6.3 Global Traction Inverters Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Voith
7.1.1 Voith Traction Inverters Company Information
7.1.2 Voith Traction Inverters Product Portfolio
7.1.3 Voith Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Voith Main Business and Markets Served
7.1.5 Voith Recent Developments/Updates
7.2 Mitsubishi Electric
7.2.1 Mitsubishi Electric Traction Inverters Company Information
7.2.2 Mitsubishi Electric Traction Inverters Product Portfolio
7.2.3 Mitsubishi Electric Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Mitsubishi Electric Main Business and Markets Served
7.2.5 Mitsubishi Electric Recent Developments/Updates
7.3 American Traction Systems
7.3.1 American Traction Systems Traction Inverters Company Information
7.3.2 American Traction Systems Traction Inverters Product Portfolio
7.3.3 American Traction Systems Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.3.4 American Traction Systems Main Business and Markets Served
7.3.5 American Traction Systems Recent Developments/Updates
7.4 Simatex AG
7.4.1 Simatex AG Traction Inverters Company Information
7.4.2 Simatex AG Traction Inverters Product Portfolio
7.4.3 Simatex AG Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Simatex AG Main Business and Markets Served
7.4.5 Simatex AG Recent Developments/Updates
7.5 Hitachi
7.5.1 Hitachi Traction Inverters Company Information
7.5.2 Hitachi Traction Inverters Product Portfolio
7.5.3 Hitachi Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Hitachi Main Business and Markets Served
7.5.5 Hitachi Recent Developments/Updates
7.6 Alstom
7.6.1 Alstom Traction Inverters Company Information
7.6.2 Alstom Traction Inverters Product Portfolio
7.6.3 Alstom Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Alstom Main Business and Markets Served
7.6.5 Alstom Recent Developments/Updates
7.7 Albiero Medha
7.7.1 Albiero Medha Traction Inverters Company Information
7.7.2 Albiero Medha Traction Inverters Product Portfolio
7.7.3 Albiero Medha Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Albiero Medha Main Business and Markets Served
7.7.5 Albiero Medha Recent Developments/Updates
7.8 BorgWarner
7.8.1 BorgWarner Traction Inverters Company Information
7.8.2 BorgWarner Traction Inverters Product Portfolio
7.8.3 BorgWarner Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.8.4 BorgWarner Main Business and Markets Served
7.8.5 BorgWarner Recent Developments/Updates
7.9 Siemens
7.9.1 Siemens Traction Inverters Company Information
7.9.2 Siemens Traction Inverters Product Portfolio
7.9.3 Siemens Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Siemens Main Business and Markets Served
7.9.5 Siemens Recent Developments/Updates
7.10 ABB
7.10.1 ABB Traction Inverters Company Information
7.10.2 ABB Traction Inverters Product Portfolio
7.10.3 ABB Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.10.4 ABB Main Business and Markets Served
7.10.5 ABB Recent Developments/Updates
7.11 TOSHIBA
7.11.1 TOSHIBA Traction Inverters Company Information
7.11.2 TOSHIBA Traction Inverters Product Portfolio
7.11.3 TOSHIBA Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.11.4 TOSHIBA Main Business and Markets Served
7.11.5 TOSHIBA Recent Developments/Updates
7.12 Hitachi
7.12.1 Hitachi Traction Inverters Company Information
7.12.2 Hitachi Traction Inverters Product Portfolio
7.12.3 Hitachi Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.12.4 Hitachi Main Business and Markets Served
7.12.5 Hitachi Recent Developments/Updates
7.13 Curtiss-Wright
7.13.1 Curtiss-Wright Traction Inverters Company Information
7.13.2 Curtiss-Wright Traction Inverters Product Portfolio
7.13.3 Curtiss-Wright Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.13.4 Curtiss-Wright Main Business and Markets Served
7.13.5 Curtiss-Wright Recent Developments/Updates
7.14 Dana TM4
7.14.1 Dana TM4 Traction Inverters Company Information
7.14.2 Dana TM4 Traction Inverters Product Portfolio
7.14.3 Dana TM4 Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.14.4 Dana TM4 Main Business and Markets Served
7.14.5 Dana TM4 Recent Developments/Updates
7.15 Prodrive Technologies
7.15.1 Prodrive Technologies Traction Inverters Company Information
7.15.2 Prodrive Technologies Traction Inverters Product Portfolio
7.15.3 Prodrive Technologies Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.15.4 Prodrive Technologies Main Business and Markets Served
7.15.5 Prodrive Technologies Recent Developments/Updates
7.16 Zhuzhou CRRC Times Electric
7.16.1 Zhuzhou CRRC Times Electric Traction Inverters Company Information
7.16.2 Zhuzhou CRRC Times Electric Traction Inverters Product Portfolio
7.16.3 Zhuzhou CRRC Times Electric Traction Inverters Production, Value, Price and Gross Margin (2020-2025)
7.16.4 Zhuzhou CRRC Times Electric Main Business and Markets Served
7.16.5 Zhuzhou CRRC Times Electric Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Traction Inverters Industry Chain Analysis
8.2 Traction Inverters Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Traction Inverters Production Mode & Process Analysis
8.4 Traction Inverters Sales and Marketing
8.4.1 Traction Inverters Sales Channels
8.4.2 Traction Inverters Distributors
8.5 Traction Inverters Customer Analysis
9 Traction Inverters Market Dynamics
9.1 Traction Inverters Industry Trends
9.2 Traction Inverters Market Drivers
9.3 Traction Inverters Market Challenges
9.4 Traction Inverters Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
List of Tables
Table 1. Global Traction Inverters Market Value by Type, (US$ Million) & (2024 VS 2031)
Table 2. Global Traction Inverters Market Value by Application, (US$ Million) & (2024 VS 2031)
Table 3. Global Traction Inverters Production Capacity (K Units) by Manufacturers in 2024
Table 4. Global Traction Inverters Production by Manufacturers (2020-2025) & (K Units)
Table 5. Global Traction Inverters Production Market Share by Manufacturers (2020-2025)
Table 6. Global Traction Inverters Production Value by Manufacturers (2020-2025) & (US$ Million)
Table 7. Global Traction Inverters Production Value Share by Manufacturers (2020-2025)
Table 8. Global Key Players of Traction Inverters, Industry Ranking, 2023 VS 2024
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Traction Inverters as of 2024)
Table 10. Global Market Traction Inverters Average Price by Manufacturers (USD/Unit) & (2020-2025)
Table 11. Global Key Manufacturers of Traction Inverters, Manufacturing Base Distribution and Headquarters
Table 12. Global Key Manufacturers of Traction Inverters, Product Offered and Application
Table 13. Global Key Manufacturers of Traction Inverters, Date of Enter into This Industry
Table 14. Global Traction Inverters Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 15. Mergers & Acquisitions, Expansion Plans
Table 16. Global Traction Inverters Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Table 17. Global Traction Inverters Production Value (US$ Million) by Region (2020-2025)
Table 18. Global Traction Inverters Production Value Market Share by Region (2020-2025)
Table 19. Global Traction Inverters Production Value (US$ Million) Forecast by Region (2026-2031)
Table 20. Global Traction Inverters Production Value Market Share Forecast by Region (2026-2031)
Table 21. Global Traction Inverters Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
Table 22. Global Traction Inverters Production (K Units) by Region (2020-2025)
Table 23. Global Traction Inverters Production Market Share by Region (2020-2025)
Table 24. Global Traction Inverters Production (K Units) Forecast by Region (2026-2031)
Table 25. Global Traction Inverters Production Market Share Forecast by Region (2026-2031)
Table 26. Global Traction Inverters Market Average Price (USD/Unit) by Region (2020-2025)
Table 27. Global Traction Inverters Market Average Price (USD/Unit) by Region (2026-2031)
Table 28. Global Traction Inverters Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
Table 29. Global Traction Inverters Consumption by Region (2020-2025) & (K Units)
Table 30. Global Traction Inverters Consumption Market Share by Region (2020-2025)
Table 31. Global Traction Inverters Forecasted Consumption by Region (2026-2031) & (K Units)
Table 32. Global Traction Inverters Forecasted Consumption Market Share by Region (2026-2031)
Table 33. North America Traction Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 34. North America Traction Inverters Consumption by Country (2020-2025) & (K Units)
Table 35. North America Traction Inverters Consumption by Country (2026-2031) & (K Units)
Table 36. Europe Traction Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 37. Europe Traction Inverters Consumption by Country (2020-2025) & (K Units)
Table 38. Europe Traction Inverters Consumption by Country (2026-2031) & (K Units)
Table 39. Asia Pacific Traction Inverters Consumption Growth Rate by Region: 2020 VS 2024 VS 2031 (K Units)
Table 40. Asia Pacific Traction Inverters Consumption by Region (2020-2025) & (K Units)
Table 41. Asia Pacific Traction Inverters Consumption by Region (2026-2031) & (K Units)
Table 42. Latin America, Middle East & Africa Traction Inverters Consumption Growth Rate by Country: 2020 VS 2024 VS 2031 (K Units)
Table 43. Latin America, Middle East & Africa Traction Inverters Consumption by Country (2020-2025) & (K Units)
Table 44. Latin America, Middle East & Africa Traction Inverters Consumption by Country (2026-2031) & (K Units)
Table 45. Global Traction Inverters Production (K Units) by Type (2020-2025)
Table 46. Global Traction Inverters Production (K Units) by Type (2026-2031)
Table 47. Global Traction Inverters Production Market Share by Type (2020-2025)
Table 48. Global Traction Inverters Production Market Share by Type (2026-2031)
Table 49. Global Traction Inverters Production Value (US$ Million) by Type (2020-2025)
Table 50. Global Traction Inverters Production Value (US$ Million) by Type (2026-2031)
Table 51. Global Traction Inverters Production Value Market Share by Type (2020-2025)
Table 52. Global Traction Inverters Production Value Market Share by Type (2026-2031)
Table 53. Global Traction Inverters Price (USD/Unit) by Type (2020-2025)
Table 54. Global Traction Inverters Price (USD/Unit) by Type (2026-2031)
Table 55. Global Traction Inverters Production (K Units) by Application (2020-2025)
Table 56. Global Traction Inverters Production (K Units) by Application (2026-2031)
Table 57. Global Traction Inverters Production Market Share by Application (2020-2025)
Table 58. Global Traction Inverters Production Market Share by Application (2026-2031)
Table 59. Global Traction Inverters Production Value (US$ Million) by Application (2020-2025)
Table 60. Global Traction Inverters Production Value (US$ Million) by Application (2026-2031)
Table 61. Global Traction Inverters Production Value Market Share by Application (2020-2025)
Table 62. Global Traction Inverters Production Value Market Share by Application (2026-2031)
Table 63. Global Traction Inverters Price (USD/Unit) by Application (2020-2025)
Table 64. Global Traction Inverters Price (USD/Unit) by Application (2026-2031)
Table 65. Voith Traction Inverters Company Information
Table 66. Voith Traction Inverters Specification and Application
Table 67. Voith Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 68. Voith Main Business and Markets Served
Table 69. Voith Recent Developments/Updates
Table 70. Mitsubishi Electric Traction Inverters Company Information
Table 71. Mitsubishi Electric Traction Inverters Specification and Application
Table 72. Mitsubishi Electric Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 73. Mitsubishi Electric Main Business and Markets Served
Table 74. Mitsubishi Electric Recent Developments/Updates
Table 75. American Traction Systems Traction Inverters Company Information
Table 76. American Traction Systems Traction Inverters Specification and Application
Table 77. American Traction Systems Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 78. American Traction Systems Main Business and Markets Served
Table 79. American Traction Systems Recent Developments/Updates
Table 80. Simatex AG Traction Inverters Company Information
Table 81. Simatex AG Traction Inverters Specification and Application
Table 82. Simatex AG Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 83. Simatex AG Main Business and Markets Served
Table 84. Simatex AG Recent Developments/Updates
Table 85. Hitachi Traction Inverters Company Information
Table 86. Hitachi Traction Inverters Specification and Application
Table 87. Hitachi Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 88. Hitachi Main Business and Markets Served
Table 89. Hitachi Recent Developments/Updates
Table 90. Alstom Traction Inverters Company Information
Table 91. Alstom Traction Inverters Specification and Application
Table 92. Alstom Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 93. Alstom Main Business and Markets Served
Table 94. Alstom Recent Developments/Updates
Table 95. Albiero Medha Traction Inverters Company Information
Table 96. Albiero Medha Traction Inverters Specification and Application
Table 97. Albiero Medha Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 98. Albiero Medha Main Business and Markets Served
Table 99. Albiero Medha Recent Developments/Updates
Table 100. BorgWarner Traction Inverters Company Information
Table 101. BorgWarner Traction Inverters Specification and Application
Table 102. BorgWarner Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 103. BorgWarner Main Business and Markets Served
Table 104. BorgWarner Recent Developments/Updates
Table 105. Siemens Traction Inverters Company Information
Table 106. Siemens Traction Inverters Specification and Application
Table 107. Siemens Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 108. Siemens Main Business and Markets Served
Table 109. Siemens Recent Developments/Updates
Table 110. ABB Traction Inverters Company Information
Table 111. ABB Traction Inverters Specification and Application
Table 112. ABB Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 113. ABB Main Business and Markets Served
Table 114. ABB Recent Developments/Updates
Table 115. TOSHIBA Traction Inverters Company Information
Table 116. TOSHIBA Traction Inverters Specification and Application
Table 117. TOSHIBA Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 118. TOSHIBA Main Business and Markets Served
Table 119. TOSHIBA Recent Developments/Updates
Table 120. Hitachi Traction Inverters Company Information
Table 121. Hitachi Traction Inverters Specification and Application
Table 122. Hitachi Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 123. Hitachi Main Business and Markets Served
Table 124. Hitachi Recent Developments/Updates
Table 125. Curtiss-Wright Traction Inverters Company Information
Table 126. Curtiss-Wright Traction Inverters Specification and Application
Table 127. Curtiss-Wright Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 128. Curtiss-Wright Main Business and Markets Served
Table 129. Curtiss-Wright Recent Developments/Updates
Table 130. Dana TM4 Traction Inverters Company Information
Table 131. Dana TM4 Traction Inverters Specification and Application
Table 132. Dana TM4 Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 133. Dana TM4 Main Business and Markets Served
Table 134. Dana TM4 Recent Developments/Updates
Table 135. Prodrive Technologies Traction Inverters Company Information
Table 136. Prodrive Technologies Traction Inverters Specification and Application
Table 137. Prodrive Technologies Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 138. Prodrive Technologies Main Business and Markets Served
Table 139. Prodrive Technologies Recent Developments/Updates
Table 140. Zhuzhou CRRC Times Electric Traction Inverters Company Information
Table 141. Zhuzhou CRRC Times Electric Traction Inverters Specification and Application
Table 142. Zhuzhou CRRC Times Electric Traction Inverters Production (K Units), Value (US$ Million), Price (USD/Unit) and Gross Margin (2020-2025)
Table 143. Zhuzhou CRRC Times Electric Main Business and Markets Served
Table 144. Zhuzhou CRRC Times Electric Recent Developments/Updates
Table 145. Key Raw Materials Lists
Table 146. Raw Materials Key Suppliers Lists
Table 147. Traction Inverters Distributors List
Table 148. Traction Inverters Customers List
Table 149. Traction Inverters Market Trends
Table 150. Traction Inverters Market Drivers
Table 151. Traction Inverters Market Challenges
Table 152. Traction Inverters Market Restraints
Table 153. Research Programs/Design for This Report
Table 154. Key Data Information from Secondary Sources
Table 155. Key Data Information from Primary Sources
Table 156. Authors List of This Report
List of Figures
Figure 1. Product Picture of Traction Inverters
Figure 2. Global Traction Inverters Market Value by Type, (US$ Million) & (2020-2031)
Figure 3. Global Traction Inverters Market Share by Type: 2024 VS 2031
Figure 4. SiC Modules Product Picture
Figure 5. Si-IGBT(Insulated Gate Bipolar Transistor) Modules Product Picture
Figure 6. Global Traction Inverters Market Value by Application, (US$ Million) & (2020-2031)
Figure 7. Global Traction Inverters Market Share by Application: 2024 VS 2031
Figure 8. Original Equipment Manufacturer (OEM)
Figure 9. Maintenance, Repair & Overhaul (MRO)
Figure 10. Global Traction Inverters Production Value (US$ Million), 2020 VS 2024 VS 2031
Figure 11. Global Traction Inverters Production Value (US$ Million) & (2020-2031)
Figure 12. Global Traction Inverters Production Capacity (K Units) & (2020-2031)
Figure 13. Global Traction Inverters Production (K Units) & (2020-2031)
Figure 14. Global Traction Inverters Average Price (USD/Unit) & (2020-2031)
Figure 15. Traction Inverters Report Years Considered
Figure 16. Traction Inverters Production Share by Manufacturers in 2024
Figure 17. Global Traction Inverters Production Value Share by Manufacturers (2024)
Figure 18. Traction Inverters Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2020 VS 2024
Figure 19. The Global 5 and 10 Largest Players: Market Share by Traction Inverters Revenue in 2024
Figure 20. Global Traction Inverters Production Value by Region: 2020 VS 2024 VS 2031 (US$ Million)
Figure 21. Global Traction Inverters Production Value Market Share by Region: 2020 VS 2024 VS 2031
Figure 22. Global Traction Inverters Production Comparison by Region: 2020 VS 2024 VS 2031 (K Units)
Figure 23. Global Traction Inverters Production Market Share by Region: 2020 VS 2024 VS 2031
Figure 24. North America Traction Inverters Production Value (US$ Million) Growth Rate (2020-2031)
Figure 25. Europe Traction Inverters Production Value (US$ Million) Growth Rate (2020-2031)
Figure 26. China Traction Inverters Production Value (US$ Million) Growth Rate (2020-2031)
Figure 27. Japan Traction Inverters Production Value (US$ Million) Growth Rate (2020-2031)
Figure 28. South Korea Traction Inverters Production Value (US$ Million) Growth Rate (2020-2031)
Figure 29. India Traction Inverters Production Value (US$ Million) Growth Rate (2020-2031)
Figure 30. Global Traction Inverters Consumption by Region: 2020 VS 2024 VS 2031 (K Units)
Figure 31. Global Traction Inverters Consumption Market Share by Region: 2020 VS 2024 VS 2031
Figure 32. North America Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 33. North America Traction Inverters Consumption Market Share by Country (2020-2031)
Figure 34. U.S. Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 35. Canada Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 36. Europe Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 37. Europe Traction Inverters Consumption Market Share by Country (2020-2031)
Figure 38. Germany Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 39. France Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 40. U.K. Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 41. Italy Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 42. Netherlands Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 43. Asia Pacific Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 44. Asia Pacific Traction Inverters Consumption Market Share by Region (2020-2031)
Figure 45. China Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 46. Japan Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 47. South Korea Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 48. China Taiwan Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 49. Southeast Asia Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 50. India Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 51. Latin America, Middle East & Africa Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 52. Latin America, Middle East & Africa Traction Inverters Consumption Market Share by Country (2020-2031)
Figure 53. Mexico Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 54. Brazil Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 55. Turkey Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 56. GCC Countries Traction Inverters Consumption and Growth Rate (2020-2031) & (K Units)
Figure 57. Global Production Market Share of Traction Inverters by Type (2020-2031)
Figure 58. Global Production Value Market Share of Traction Inverters by Type (2020-2031)
Figure 59. Global Traction Inverters Price (USD/Unit) by Type (2020-2031)
Figure 60. Global Production Market Share of Traction Inverters by Application (2020-2031)
Figure 61. Global Production Value Market Share of Traction Inverters by Application (2020-2031)
Figure 62. Global Traction Inverters Price (USD/Unit) by Application (2020-2031)
Figure 63. Traction Inverters Value Chain
Figure 64. Channels of Distribution (Direct Vs Distribution)
Figure 65. Bottom-up and Top-down Approaches for This Report
Figure 66. Data Triangulation
