Electric Traction Motor Market Developments, Size, Technology, Share, Trends and Global Outlook 2030 | ABB, GE, Siemens, Traktion systeme, Bosch, CG Power

The Electric Traction Motor Market Achieve Sustainable Development Targets with growing exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period 2022 to 2030.

Electric Traction Motor Market Overview

The electric traction motor market size is expected to grow by 23.04% to Reach USD 60.53 Billion by 2027. Traction is a frictional force that is produced with electrical or non-electrical surfaces. Electric traction motor is a type of electric motor which is used for propulsion of a vehicle. It is used in electrically powered rail vehicles such as electric multiple units and electric locomotives. Furthermore, traction motor is installed in fully hybrid and battery electric vehicles. Permanent magnet synchronous motor and asynchronous motors are two main types of traction motor which is currently driving the electric traction motors.

Electric Traction Motor market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.

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Globally Major key Players accelerates the Electric Traction Motor Market are CRRC (China), Alstom (France), ABB (Switzerland), GE (US), Siemens (Germany), Traktion systeme Austria, Bosch (Germany), CG Power (India), Nidec (Japan), and Skoda Electric (Czech Republic)

Most important Segments of Electric Traction Motor market covered in this report are,

By Type

• AC
• DC

By Power Rating

• 400 kW

By Application

• Railway
• Electric Vehicle
• Elevators
• |Conveyors
• Industrial Machinery

Electric Traction Motor Industry Influence of the global market report:

• Comprehensive assessment of all opportunities and risks in the Electric Traction Motor Market.
• Electric Traction Motor Market recent innovations and major events.
• A detailed study of business strategies for the growth of the Electric Traction Motor Market market-leading players.
• Conclusive study about the growth plot of Electric Traction Motor Market for forthcoming years.
• In-depth understanding of Electric Traction Motor Market, market-particular drivers, constraints, and major micro markets.
• Favorable impression inside vital technological and market latest trends striking the Electric Traction Motor Market.

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The global Electric Traction Motor market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.

Regional Analysis

This report provides an in-depth analysis of the global electric traction motor market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the electric traction motor market by its type, power rating, application, and by region.

LIST OF TABLES

TABLE 1 GLOBAL ELECTRIC TRACTION MOTOR MARKET: BY REGION, 2019–2026

TABLE 2 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET: BY COUNTRY, 2019–2026

TABLE 3 EUROPE ELECTRIC TRACTION MOTOR MARKET: BY COUNTRY, 2019–2026

TABLE 4 ASIA-PACIFIC ELECTRIC TRACTION MOTOR MARKET: BY COUNTRY, 2019–2026

TABLE 5 MIDDLE EAST & AFRICA ELECTRIC TRACTION MOTOR MARKET: BY COUNTRY, 2019–2026

TABLE 6 SOUTH AMERICA ELECTRIC TRACTION MOTOR MARKET: BY COUNTRY, 2019–2026

TABLE 7 GLOBAL ELECTRIC TRACTION MOTOR MARKET, BY TYPE, BY REGIONS, 2019–2026

TABLE 8 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, BY COUNTRY, 2019–2026

TABLE 9 EUROPE ELECTRIC TRACTION MOTOR MARKET, BY TYPE, BY COUNTRY, 2019–2026

TABLE 10 ASIA-PACIFIC ELECTRIC TRACTION MOTOR MARKET BY TYPE, BY COUNTRY, 2019–2026

TABLE 11 MIDDLE EAST & AFRICA ELECTRIC TRACTION MOTOR MARKET BY TYPE, BY COUNTRY, 2019–2026

TABLE 12 SOUTH AMERICA ELECTRIC TRACTION MOTOR MARKET BY TYPE: BY REGIONS, 2019–2026

TABLE 13 GLOBAL ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, BY REGIONS, 2019–2026

TABLE 14 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET BY POWER RATING: BY COUNTRY, 2019–2026

TABLE 15 EUROPE ELECTRIC TRACTION MOTOR MARKET BY POWER RATING: BY COUNTRY, 2019–2026

…Continue.

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