Electric Traction Motor Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Electric Traction Motor Market covers analysis by Power Rating (<200 kW, 200 kW to 400 kW, and >400 kW); and Application (Railway, Electric Vehicles, Industrial Machinery, Conveyors, and Elevators), and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPEL00002624
  • Category : Electronics and Semiconductor
  • Status : Upcoming
  • No. of Pages : 150
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Propulsion of vehicle where the driving force is derived from various devices such as steam engine drives, electric motors, diesel engine drives etc. is referred to as a traction system. These electric traction systems are highly efficient, are quick to start, easy-to-handle, and pollution-free. Growing advancements of electrical drives for the traction systems, electrification is being commonly used for different applications and services.

Rising environmental regulations hovering around the carbon emissions, and increased demands for enhanced power productivity have driven the demands for electric traction motor in recent years. Uncertainty of the raw material prices with electric traction motor is hindering the growth of the electric traction motor market in recent times. Enhanced focus laid down by automakers on the development of electric vehicles is providing huge opportunities for the electric traction motor market players during the forecast period.

The "Global Electric Traction Motor Market Analysis to 2031" is a specialized and in-depth study of the electric traction motor market with a focus on the global market trend. The report aims to provide an overview of global electric traction motor market with detailed market segmentation by power rating, application, and geography. The global electric traction motor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electric traction motor market based on power rating, and application. It also provides market size and forecast till 2031 for the overall electric traction motor market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM). The electric traction motor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.

Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the electric traction motor market in these regions.

Also, key electric traction motor market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key developments in the past five years. Some of the key players influencing the market are ABB Ltd., Skoda Electric, Toshiba Corporation, General Electric, and Weg SA. Also, Bosch Limited, CG Power, TSA, Alstom, and NIDEC Corporation are few other important players in the electric traction motor market.

REGIONAL FRAMEWORK

Electric Traction Motor Market Report Analysis

Electric Traction Motor Market
  • CAGR
    CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • ABB Ltd.
  • Skoda Electric
  • Toshiba Corporation
  • General Electric
  • Weg SA
  • Bosch Limited
  • CG Power
  • TSA
  • Alstom

Regional Overview

Regional Overview
  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

Market Segment By Power Rating
  • <200 kW
  • 200 kW to 400 kW
  • >400 kW
Market Segment By Application
  • Railway
  • Electric Vehicles
  • Industrial Machinery
  • Conveyors
  • Elevators
MARKET PLAYERS

Electric Traction Motor Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Power Rating
  • <200 kW
  • 200 kW to 400 kW
  • >400 kW
By Application
  • Railway
  • Electric Vehicles
  • Industrial Machinery
  • Conveyors
  • Elevators
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • ABB Ltd.
  • Skoda Electric
  • Toshiba Corporation
  • General Electric
  • Weg SA
  • Bosch Limited
  • CG Power
  • TSA
  • Alstom
    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset
    Report Coverage

    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered

    Segment Covered

    This text is related
    to segments covered.

    Regional Scope

    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope

    Country Scope

    This text is related
    to country scope.

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    The List of Companies

    1. ABB Ltd.
    2. Skoda Electric
    3. Toshiba Corporation
    4. General Electric
    5. Weg SA
    6. Bosch Limited
    7. CG Power
    8. TSA
    9. Alstom
    10. NIDEC Corporation