Electric Traction Motors Market Size, Global Industry Growth, Statistics, Trends, Revenue Analysis 2020

Absolute Markets Insights
2 min readDec 20, 2021


Absolute Markets Insights added research publication document on Electric Traction Motors Market breaking major business segments and highlighting wider level geographies to get deep dive analysis on market data. The study is a perfect balance bridging both qualitative and quantitative information of Electric Traction Motors market. The study provides valuable market size data for historical (Volume** & Value) from 2016 to 2020 which is estimated and forecasted till 2030*.

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In terms of revenue growth, the global electric traction motors market is expected to witness a CAGR of 18.3% over the forecast period. Some of the players operating in the electric traction motors market are ABB, American Traction Systems, CG India, CRRC YONGJI ELECTRIC CO., LTD., General Electric, Hitachi, Ltd., Indar Ingeteam Group, NIDEC CORPORATION, Robert Bosch GmbH, Siemens Mobility and WEG. among others.

Electric Traction Motors Market By Type (AC Traction Motor, DC Traction Motor); By Rated Power (Below 200 KW, 200–400 KW, Above 400 KW); By Application (Railway (Light Rail Vehicle , Metro, Commuter Rail, Locomotive, Trams, High Speed Trains), Electric Vehicles, Battery Electric Vehicles, Electric Hybrid Vehicles, Elevators, Roller Coasters, Conveyors And Trolley Buses, Others); By Region (U.S., Canada, Mexico, Rest Of North America, France, UK, Spain, Germany, Italy, Nordic Countries , Benelux Union, Rest Of Europe, China, Japan, India, New Zealand, Australia, South Korea, Southeast Asia (Singapore, Philippines, Indonesia, Thailand, Malaysia, Vietnam, Rest Of Southeast Asia), Brazil, Argentina, Rest Of Latin America, Saudi Arabia, UAE, Egypt, Kuwait, South Africa, Rest Of Middle East & Africa) — Global Insights, Growth, Size, Comparative Analysis, Trends And Forecast, 2020–2028

This global Electric Traction Motors market research analysis brings together a vast market place clearly into the focus. By understanding client’s requirements precisely and following them firmly, this Electric Traction Motors market research report has been structured. The report discusses the recent and future market trends and performs analysis of the impact of buyers, substitutes, new entrants, competitors, and suppliers on the market. The Electric Traction Motors report also has reviews about key players, major collaborations, merger & acquisitions along with trending innovation and business policies. The Electric Traction Motors report is generated by proper use of SWOT analysis and Porter’s Five Forces analysis methods.

Report opportunities in the Electric Traction Motors market:
1. Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the Electric Traction Motors Market
2. Market Penetration: Comprehensive information on the product portfolios of the top players in the Electric Traction Motors market.
3. The key findings and recommendations highlight crucial progressive industry trends in the Electric Traction Motors Market, thereby allowing players to develop effective long term strategies
4. To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the Electric Traction Motors market
5. The report offers market share appraisals for regional and global levels

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