The Business Research Company’s Electric Traction Motor Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Electric Traction Motor Global Market Report 2023 evaluates electric traction motor market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global electric traction motor market size grew from $14.31 billion in 2022 to $17.97 billion in 2023 at a compound annual growth rate (CAGR) of 25.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The electric traction motor market size is expected to grow to $45.87 billion in 2027 at a CAGR of 26.4%.
The electric traction motor market segments in the report are:
1) By Type: AC, DC
2) By Power Rating: Less Than 200 kW, Between 200 kW To 400 kW, More Than 400 kW
3) By Application: Railway, Electric Vehicle, Elevators, Conveyors, Industrial Machinery
4) By Industry Vertical: Chemical And Petrochemical, Oil And Gas, Energy And Power, Automotive, Food And Beverages, Healthcare, Other Industry Verticals
Top 5 Major Key Players Are:
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The table of content for the electric traction motor market include:
- Executive Summary
- Electric Traction Motor Market Characteristics
- Electric Traction Motor Market Trends And Strategies
- Electric Traction Motor Market – Macro Economic Scenario
- Electric Traction Motor Market Size And Growth
…..
- Africa Electric Traction Motor Market
- Electric Traction Motor Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Electric Traction Motor Market
- Electric Traction Motor Market Future Outlook and Potential Analysis
- Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
…..
Table 47: ABB Ltd Financial Performance
Table 48: Siemens AG Financial Performance
Table 49: General Electric Company Financial Performance
Table 50: CG Power and Industrial Solutions Ltd Financial Performance
Table 51: CRRC Corporation Limited Financial Performance
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