Time-frequency (TF) analysis (TFA) method is an important tool in industrial engineering fields. However, restricted to Heisenberg uncertainty principle or unexpected cross terms, the classical TFA methods often generate blurry TF representation, which heavily hinder its engineering applications. How to generate the concentrated TF representation for a strongly time-varying signal is a challenging task. In this paper, we propose a new TFA method to study the nonstationary features of strongly time-varying signals. The proposed method is based on synchrosqueezing transform and employs an iterative reassignment procedure to concentrate the blurry TF energy in a stepwise manner, meanwhile retaining the signal reconstruction ability. Two implementations of the discrete algorithm are provided, which show that the proposed method has limited computational burden and has potential in real-time application. Moreover, we introduce an effective algorithm to detect the instantaneous frequency trajectory, which can be used to decompose monocomponent modes. Numerical and real-world signals are employed to validate the effectiveness of the proposed method by comparing with some advanced methods. By comparisons, it is shown that the proposed method has the better performance in addressing strongly time-varying signals and noisy signals.