Europe Traction Transformer Market By Type Forecast (2017-2025)

Year TAP CHANGING RECTIFIER
2017 $ 96.7 $ 71.1
2018 $ 101.2 $ 74.3
2019 $ 106.0 $ 77.8
2020 $ 111.2 $ 81.6
2021 $ 116.9 $ 85.7
2022 $ 123.0 $ 90.2
2023 $ 130.0 $ 95.3
2024 $ 137.5 $ 100.7
2025 $ 145.3 $ 106.4
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Europe Traction Transformer Market By Type Forecast (2017-2025)

Synopsis
The above chart is Global Traction Transformer market [2017-2025] Europe by Type

Market Dynamics

tap changing segment accounted for the larger market share in 2018, this market is expected to reach usd 145.30 million in 2025 from usd 101.20 million in 2018. this market is projected to grow at a cagr of 5.40% 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 5.40% during the forecast period 2019 - 2025.

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