Asia Pacific Traction Transformer market

china accounted for the largest market share in 2018 in the asia pacific traction transformer market, and is expected to reach usd 140.37 million in 2025 from usd 96.92 million in 2018. however, india is the fastest growing market, which is expected to grow at a cagr of 6.70% during the forecast period 2019 - 2025. tap changing segment accounted for the larger market share in 2018, this market is expected to reach usd 228.40 million in 2025 from usd 155.60 million in 2018. this market is projected to grow at a cagr of 5.74% during the forecast period from 2019 - 2025. however, tap changing segment is the fastest growing market, which is expected to grow at a cagr of 5.74% during the forecast period 2019 - 2025. underframe segment accounted for the largest market share in 2018, this market is expected to reach usd 177.50 million in 2025 from usd 119.10 million in 2018. this market is projected to grow at a cagr of 6.00% during the forecast period from 2019 - 2025. ac system segment accounted for the larger market share in 2018, this market is expected to reach usd 230.50 million in 2025 from usd 153.90 million in 2018. this market is projected to grow at a cagr of 6.03% during the forecast period from 2019 - 2025. however, ac system segment is the fastest growing market, which is expected to grow at a cagr of 6.03% during the forecast period 2019 - 2025. electric locomotives segment accounted for the largest market share in 2018, this market is expected to reach usd 171.90 million in 2025 from usd 123.20 million in 2018. this market is projected to grow at a cagr of 4.96% during the forecast period from 2019 - 2025. however, metros segment is the fastest growing market, which is expected to grow at a cagr of 6.85% during the forecast period 2019 - 2025.