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Traction Equipment Market – Growth, Future Prospects and Competitive Analysis, 2017-2025, the global traction equipment market was valued at US$ 246.1 Bn in 2016, and is expected to reach US$ 316.3 Bn by 2025, expanding at a CAGR of 2.8% from 2017 to 2025. Browse Full Report Click Here: http://www.acutemarketreports.com/report/traction-equipment-market Market Insights The global traction equipment market is majorly driven by technological evolution and shift in transport technologies and preferences. As international and intercontinental trades are proliferating worldwide, the demand for more rapid and adaptable transit systems are in growing demand. Furthermore, growing need for electrification of railway lines and upgrade…

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