Global Traction Motor Market – Industry Analysis, Trends, Size, Growth Rate And Forecast 2022-2027

The global traction motor market is projected to grow at a compound annual growth rate (CAGR) of 9.6% during the forecast period 2021-2027, according to the new report published by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global traction motor market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, company share of market leaders, growth rate and market segments.

The ‘Global Traction Motor Market’ is segmented on the basis of application, type, power, and region. The traction motor market is segmented as below:

By Application:

– Electric vehicles

– Industrial vehicles

– Railways

– Others

By Type:

– AC traction motor

– DC traction motor

– Synchronous motor

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By Power:

– Less than 200 kW

– 200-400kw

– More than 400 kW

By Region:

– Region

– Asia-Pacific

– Europe

– North America

– Middle East and Africa (MEA)

– South America

The traction motor industry is characterized by a high level of market share concentration. The market research report covers the analysis of key stake holders of the traction motor market. Some of the leading players profiled in the report include ABB, Ltd., CRRC Corporation Limited, Hitachi, Ltd. , Hyundai Rotem Company Ltd., Mitsubishi Electric Corporation, Siemens AG, Skoda Transportation a.s., Toshiba International Corporation, Wabtec Corporation, among others.

Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

Scope of the Report

– To analyze and forecast the market size of the global traction motor market.

– To classify and forecast the ‘Global Traction Motor Market’ based on application, type, power, and region.

– To identify drivers and challenges for the global traction motor market.

– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global traction motor market.

– To conduct pricing analysis for the global traction motor market.

– To identify and analyze the profile of leading players operating in the global traction motor market.

For more information on the research report, refer to below link:

Global Traction Motor Market Outlook, 2021-2027

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