Market Overview

Research and Markets: Power Electronics for Rail Transportation Applications 2012 - Market Expected to Reach $4.5 Billion by 2020


Research and Markets ( has announced the addition of the "Power Electronics for Rail Transportation Applications 2012" report to their offering.

Over the next five years, major supply chain and technology changes will impact the Power Electronics business for the rail industry

A Power Electronics market that will be multiplied by 1.7, reaching $4.5 billion by 2020

Rail traction can be segmented into three main sub-applications: urban vehicles (trams and metros), regional and commuters (mostly Electrical Multiple Units, or EMUs) and high-speed trains (Power cars and EMUs). With a total market size of 4,000 units in 2012 and more than 6,000 expected in 2020, the railway industry is without question an attractive one!

Of course, the rail industry means steady, not rapid growth, for two main reasons: long-term system manufacturing and government-related business. On the upside, the rail industry is safe and encourages innovation.

Moreover, emerging regions such as South America, Africa/Middle East and Southeast Asia are demanding more and more in terms of public transportation.

The Related Inverters market for public transportation is today estimated at $3 billion, and is expected to reach $4.5 billion by 2020. In this new report Yole shows how and why rail is dynamic, with the main reasons being commuter trains and related EMU architecture, which multiply the number of inverters and thus the number of applications for Power Electronics.

As a consequence, the Power Electronics market represents an excellent opportunity for revenue generation in high-end systems, both in terms of semiconductor-based components and passive ones. Indeed, with an estimated price of $13,000 for power modules in urban vehicles and $135,000 in high-speed trains, we estimate a total market size of more than $200 million for power modules and almost $300 million for all passives (capacitors, resistors, inductors, connectors, busbars and transformers) in 2012.

The rail industry's expected technological developments will occur at every level:

- Even if the rail industry has a slow ramp-up, the major players are competitive companies often involved in other utility-sized businesses.

- Therefore, the rail industry both suggests and benefits from major developments, especially in Power Electronics.

- We do not forecast strong evolution from a passive components perspective; however, we definitely believe that a semiconductor revolution will have its place in trains, trams and metros.

We will see evolution from a systems point-of-view:

- Trains are evolving; we expect to see rolling systems with 10kV power electronics components inside

- Train architecture is changing; electrification is key and more inverters are required. This means more power electronics

- At the inverter level, key components can be assembled to create an important value, i.e. Here comes the PowerStack: Yole provides a complete analysis of PowerStack evolution and how it will be a versatile subsystem, good for wind turbines and a perfect fit with the rail industry's key requirements. In particular, sub-system and passive components (plus passive component players) will garner high interest.

- Lastly, at the device level and especially at the material level: SiC is on every main player's production roadmap and will be essential as soon as 1.7kV MOSFETs are available. Trains are an interesting playground for such developments, because even if SiC remains expensive, a system as big as a train will be only slightly impacted by the cost: let's see what happens after 2016.

Who should buy this report?

Train manufacturers and system integrators

- Understand supply-chain evolution and emerging technologies

- Forge the right partnerships with the right companies and gain a strategic advantage

- Understand your new market and plan your business expansion

Power Electronics players: device, module, PowerStack and inverter market players

- Get the full picture; benchmark competitors' and partners' technical solutions

- Understand the value-chain and its evolution

- Make the right decisions and position yourself in a tough market

Key Topics Covered:


Different Types of Modules

Executive Summary

Power Electronics Market: Introduction

Overall Power Electronics

Focus on IGBT

Introduction to the Rail Traction Market

Rail Traction Segmentation

Market Forecasts

Power Modules and Devices

Passive Components and Connectivity

Rail Traction Industry and Specificities

Technology Developments and Roadmap

Supply Chain and Players' Strategy


Power Electronics at Yole

For more information visit

Research and Markets
Laura Wood, Senior Manager.
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Sector: Rail

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