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The Traction Equipment market within the Rail industry is a highly competitive sector, with a wide range of products and services available. It includes the manufacture, supply and maintenance of locomotives, rolling stock, traction motors, and other components. Traction equipment is essential for the safe and efficient operation of rail networks, and is used to provide power to the trains, as well as to control their speed and direction.
The Traction Equipment market is driven by the need for increased efficiency and safety in rail operations, as well as the need to reduce emissions and improve energy efficiency. The market is also influenced by technological advances, such as the development of new materials and components, and the introduction of digital systems.
Companies in the Traction Equipment market include Alstom, Bombardier, Siemens, CRRC, Hitachi, and Stadler Rail. Show Less Read more