The global and Chinese economies were hit hard in 2020, and the global GDP grew by 5.9% in 2021. Although the global growth prospects improved and there was a V-shaped rebound, this does not mean that the economy has really recovered to the level before the epidemic. The vast majority of countries are still in the stage of recovery after heavy damage and are far from achieving real recovery.
2022 is a year of continuous recovery. Global supply chain disturbance, geopolitical tension, energy price fluctuation, local labor shortage and rising raw material prices will affect the resilience of economic recovery. The International Monetary Fund (IMF) predicts that the world economy will grow by 4.4% in 2022, of which the U.S. economy will grow by about 4%. Driven by China and India, Asia is expected to become the fastest growing region in the world in 2022. However, China's economic growth has slowed down. The 2022 government work report shows that the expected target of economic growth is set at about 5.5%.
According to research, China has set a growth rate of about 5.5%, which not only focuses on the speed of economic growth, but also anchors the quality of economic development. Scientific and technological innovation, economic and social digitization and green development will be the long-term goals of China's economic development. It is expected that in 2022, major economies such as the United States, Europe and China will introduce more favorable policies to drive the development of switching power supply industry.
We?released the ?Post-pandemic Era-Global Traction Converter Market Assessment, With Major Companies Analysis, Regional Analysis, Breakdown Data by Application, Type?, which aims to sort out the development status and trends of the Traction Converter industry at home and abroad, estimate the overall market scale of the Traction Converter industry and the market share of major countries, Traction Converter industry, and study and judge the downstream market demand of Traction Converter through systematic research, Analyze the competition pattern of Traction Converter, so as to help solve the pain points of various stakeholders in Traction Converter industry. This industry research report combines desktop research, qualitative interviews with insiders or experts and other methods to strive for the objectivity and integrity of conclusions and data.
Regional Segmentation (Value; Revenue, USD Million, 2015 – 2026) of Traction Converter Market by XYZResearch Include
Middle East & Africa
Competitive Analysis; Who are the Major Players in Traction Converter Market?
CAF Power & Automation
Major Type of Traction Converter Covered in XYZResearch report:
Integrated Compact Converter
Application Segments Covered in XYZResearch Market
Metro and DEMU
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Table of content
Table of Contents
Global Traction Converter Market Analysis 2020, With Top Companies, Sales, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Propulsion Converter -Product Introduction and Major Company
1.1.2 Integrated Compact Converter -Product Introduction and Major Company
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Five-Year Compound Annual Growth Rate (CAGR)
2 Regional Market
2.1 Regional Market Share in Terms of Sales (2018 & 2022 & 2026)
2.2 Regional Market Share in Terms of Revenue (2018 & 2022 & 2026)
2.3 Regional Market Share in Terms of Consumption (2018 & 2022 & 2026)
3 Global Traction Converter Market Assessment by Type
3.1 Global Traction Converter Sales by Type (2018-2028)
3.2 Global Traction Converter Revenue by Type (2018-2028)
3.3 North America Traction Converter Sales and Revenue by Type (2018-2028)
3.4 Asia Traction Converter Sales and Revenue by Type (2018-2028)
3.5 Europe Traction Converter Sales and Revenue by Type (2018-2028)
3.6 Middle East & Africa Traction Converter Sales and Revenue by Type (2018-2028)
3.7 South America Traction Converter Sales and Revenue by Type (2018-2028)
4 Historical & Forecast Global Traction Converter Market Assessment by Application
4.1 Global Traction Converter Consumption and Consumption in Different Application Field (201
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