Global Electric Traction Motor Market: Size, Share, Trends, and Growth Forecast from 2022 to 2032

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The Global Electric Traction Motor Market Size is expected to reach USD 62.75 Billion by 2032, at a CAGR of 10.5% during the forecast period 2022 to 2032.

This report provides a comprehensive historical analysis of the Global Electric Traction Motor Market. It covers data and insights from 2018 to 2021 and offers extensive market forecasts from 2022 to 2032, segmented by region/country and subsectors. The analysis includes details on pricing, sales volume, revenue, historical growth, gross margin, and future outlooks for the Electric Traction Motor market.

The Electric Traction Motor Size is expected to reach USD 62.75 Billion by 2032, at a CAGR of 10.5% during the forecast period 2022 to 2032.

The Global Electric Traction Motor Market involves rigorous release control and validation processes, essential for its development. This critical technique plays a pivotal role in the validation phase across various industries, particularly in manufacturing. Due to its complexity, this system requires meticulous design and strict enforcement.

Leading players of Electric Traction Motor including:

  • Schneider Electric SE
  • The Curtiss-Wright Corporation
  • Prodrive Technologies
  • Toshiba Corporation
  • General Electric Co.
  • CG Power & Industrial Solutions Ltd.
  • Aisin
  • ABB, Ltd.
  • Alstom S.A.
  • Siemens AG
  • Delphi Automotive LLP
  • Voith GmbH
  • Mitsubishi Electric Corporation
  • Bombardier Inc.
  • American Traction Systems
  • VEM Group
  • Caterpillar Inc.
  • Kawasaki Heavy Industries Ltd.
  • Traktionssysteme Austria GmbH
  • Hyundai Rotem Company
  • Hitachi, Ltd.
  • Ansaldo Signalling
  • Magna International

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Market split by Segement, can be divided into:

By Type

  • AC
  • DC

By Power Rating

  • Below 200 kW
  • 200-400 kW
  • Above 400 kW

Market segment by Region/Country including:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

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In April 2022, ABB India has recently declared the opening of its newly expanded factory for digital substation products and systems in Vadodara, Gujarat. Situated in ABB India's largest manufacturing campus, the state-of-the-art facility aims to cater to the increasing demand for a diverse array of digital substation products and solutions not only in India but also in over 50 countries worldwide.

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Discover what's inside the report!

  • 1. Introduction to the Electric Traction Motor Market.
  • 2. Regional Market Size Analysis (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa) with Forecasted Data by Segment.
  • 3. Trends Shaping the Electric Traction Motor Market.
  • 4. Key Drivers Influencing the Electric Traction Motor Market.
  • 5. In-Depth Analysis of Leading Company Profiles.

Discover the compelling reasons to invest in this Market Report!


1. Gain valuable time with precise insights into the size, growth, and key players in the burgeoning Electric Traction Motor market.
2. Utilize SWOT analysis to gauge competitive dynamics and attractiveness within the evolving Electric Traction Motor industry.
3. Explore comprehensive company profiles detailing operational strategies and financial performance of top Electric Traction Motor market players.
4. Enhance your presentations and proposals with a deep understanding of future growth projections using five-year historical forecasts for the evolving Electric Traction Motor market.
5. Compare regional data from North America, South America, Asia Pacific, Europe, and the Middle East & Africa with dedicated chapters for each.
6. Uncover extensive insights into the drivers accelerating the Electric Traction Motor market's growth over the next seven years.
7. Accurately assess the size of the Global Electric Traction Motor Market with precise estimations.
8. Stay ahead with insights into upcoming trends and shifts in consumer behaviour affecting the Electric Traction Motor market.
9. Track the growth trajectory of the Global Electric Traction Motor Market across North & South America, EMEA, Asia Pacific, and Latin America.
10. Discover growth opportunities in the Electric Traction Motor Market with detailed information on its potential.
11. Dive into a thorough competitive analysis of the industry landscape and insights into various vendors.
12. Understand the factors constraining growth in the Electric Traction Motor Market with detailed analysis.

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