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The basics are:alec dawe said:which got me to wondering exactly what is in them.
[*]An adequately rated step-down transformer to ~24VAC (or lower voltage if you prefer)[*]A bridge rectifier[*]Usually some solid state electronics that accepts control signals from "controls" (that is, usually a "speed" signal and a "direction signal) and delivers power to the track.[*]Something to quickly manage short circuits or other overloads on the track output. Can you build one yourself.... yes, if you know what you are doing with power electronics - but IMO, for anything much over a couple of amps of current it is generally simpler overall to buy a commercial unit.
YMMV
Cheers,
Bill