Global Electric Traction Motor Market Size, Share, Trends, Growth and Forecast 2032

Electric Traction Motor Market

Electric Traction Motor Market - by Application (Electric Vehicles, Railway, Conveyors, Elevators, and Industrial Machinery), By Type (DC and AC), By Power Rating (<200 kW, 200 kW to 400 kW, and >400 kW), and By Region - Global Industry Perspective, Comprehensive Analysis, and Forecast, 2024-2032

Category: Heavy Industry Report Format : PDF Pages: 110 Report Code: ZMR-3235 Published Date: Sep-2024 Status : Published
Market Size in 2023 Market Forecast in 2032 CAGR (in %) Base Year
USD 228.17 Million USD 437.45 Million 7.5% 2023

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report Description and Scope
    • 1.2. Research Scope
    • 1.3. Research Methodology
      • 1.3.1. Market Research Process
      • 1.3.2. Market Research Methodology
  • Chapter 2. Executive Summary
    • 2.1. Electric Traction Motor Market , 2016–2026(USD Billion)
    • 2.2. Electric Traction Motor Market : Snapshot
  • Chapter 3. Global Electric Traction Motor Market – Industry Analysis
    • 3.1. Electric Traction Motor Market : Market Dynamics
    • 3.2. Market Drivers
      • 3.2.1. Mounting adoption of electric cars as well as hybrid vehicles in the developed countries will augment the business landscape.
      • 3.2.2. Escalating popularity of high-performing motors, supportive government laws, and subsidies will enlarge the market scope.
    • 3.3. Porter’s Five Forces Analysis
    • 3.4. Market Attractiveness Analysis
      • 3.4.1. Market attractiveness analysis By Application
      • 3.4.2. Market attractiveness analysis By Power Rating
      • 3.4.3. Market attractiveness analysis By Type
  • Chapter 4. Global Electric Traction Motor Market – Competitive Landscape
    • 4.1. Company market share analysis
      • 4.1.1. Global Electric Traction Motor Market : company market share, 2019
    • 4.2. Strategic development
      • 4.2.1. Acquisitions & mergers
      • 4.2.2. New Product launches
      • 4.2.3. Agreements, partnerships, cullaborations, and joint ventures
      • 4.2.4. Research and development and Regional expansion
    • 4.3. Price trend analysis
  • Chapter 5. Global Electric Traction Motor Market –Application Analysis
    • 5.1. Global Electric Traction Motor Market overview: By Application
      • 5.1.1. Global Electric Traction Motor Market share, By Application,2019 and 2026
    • 5.2. Electric Vehicles
      • 5.2.1. Global Electric Traction Motor Market by Electric Vehicles, 2016–2026(USD Billion)
    • 5.3. Railway
      • 5.3.1. Global Electric Traction Motor Market by Railway, 2016–2026(USD Billion)
    • 5.4. Conveyors
      • 5.4.1. Global Electric Traction Motor Market by Conveyors, 2016–2026(USD Billion)
    • 5.5. Elevators
      • 5.5.1. Global Electric Traction Motor Market by Elevators, 2016–2026(USD Billion)
    • 5.6. Industrial Machinery
      • 5.6.1. Global Electric Traction Motor Market by Industrial Machinery, 2016–2026(USD Billion)
  • Chapter 6. Global Electric Traction Motor Market –Power Rating Analysis
    • 6.1. Global Electric Traction Motor Market overview: By Power Rating
      • 6.1.1. Global Electric Traction Motor Market share, By Power Rating , 2019 and 2026
    • 6.2. <200 kW
      • 6.2.1. Global Electric Traction Motor Market By <200 kW , 2016–2026(USD Billion)
    • 6.3. 200 kW to 400 kW
      • 6.3.1. Global Electric Traction Motor Market By 200 kW to 400 kW, 2016–2026(USD Billion)
    • 6.4. >400 kW
      • 6.4.1. Global Electric Traction Motor Market By >400 kW, 2016–2026(USD Billion)
  • Chapter 7. Global Electric Traction Motor Market –Type Analysis
    • 7.1. Global Electric Traction Motor Market overview: By Type
      • 7.1.1. Global Electric Traction Motor Market share, By Type , 2019 and 2026
    • 7.2. DC
      • 7.2.1. Global Electric Traction Motor Market By DC, 2016–2026(USD Billion)
    • 7.3. AC
      • 7.3.1. Global Electric Traction Motor Market By AC, 2016–2026(USD Billion)
  • Chapter 8. Company Profiles
    • 8.1. Bosch
      • 8.1.1. Overview
      • 8.1.2. Financials
      • 8.1.3. Product Portfolio
      • 8.1.4. Business Strategy
      • 8.1.5. Recent Developments
    • 8.2. CRRC
      • 8.2.1. Overview
      • 8.2.2. Financials
      • 8.2.3. Product Portfolio
      • 8.2.4. Business Strategy
      • 8.2.5. Recent Developments
    • 8.3. TSA
      • 8.3.1. Overview
      • 8.3.2. Financials
      • 8.3.3. Product Portfolio
      • 8.3.4. Business Strategy
      • 8.3.5. Recent Developments
    • 8.4. Alstom
      • 8.4.1. Overview
      • 8.4.2. Financials
      • 8.4.3. Product Portfolio
      • 8.4.4. Business Strategy
      • 8.4.5. Recent Developments
    • 8.5. ABB
      • 8.5.1. Overview
      • 8.5.2. Financials
      • 8.5.3. Product Portfolio
      • 8.5.4. Business Strategy
      • 8.5.5. Recent Development
    • 8.6. Siemens
      • 8.6.1. Overview
      • 8.6.2. Financials
      • 8.6.3. Product Portfolio
      • 8.6.4. Business Strategy
      • 8.6.5. Recent Development
    • 8.7. WEG
      • 8.7.1. Overview
      • 8.7.2. Financials
      • 8.7.3. Product Portfolio
      • 8.7.4. Business Strategy
      • 8.7.5. Recent Development

Table Of Figures

List of Figures

1. Market research process
2. Market research methodology
3. Global Electric Traction Motor Market , 2016–2026(USD Billion)
4. Porter’s Five Forces Analysis
5. Global Electric Traction Motor Market  attractiveness, By Application
6. Global Electric Traction Motor Market  attractiveness, By Type
7. Global Electric Traction Motor Market  attractiveness, By Power Rating  Industry
8. Global Electric Traction Motor Market  share, By Application, 2019 and 2026 (USD Billion)
9. Global Electric Traction Motor Market  by Electric Vehicles, 2016–2026(USD Billion)
10. Global Electric Traction Motor Market  by Railway,2016–2026(USD Billion)
11. Global Electric Traction Motor Market  by Conveyors,2016–2026(USD Billion)
12. Global Electric Traction Motor Market  by Elevators,2016–2026(USD Billion)
13. Global Electric Traction Motor Market  by Industrial Machinery,2016–2026(USD Billion)
14. Global Electric Traction Motor Market  Share by Power Rating   ,2019 and 2026 (USD Billion)
15. Global Electric Traction Motor Market  by <200 kW ,2016–2026(USD Billion)
16. Global Electric Traction Motor Market  by 200 kW to 400 kW,2016–2026(USD Billion)
17. Global Electric Traction Motor Market  by >400 kW,2016–2026(USD Billion)
18. Global Electric Traction Motor Market  Share by Type  ,2019 and 2026 (USD Billion)
19. Global Electric Traction Motor Market  by DC ,2016–2026(USD Billion)
20. Global Electric Traction Motor Market  by AC,2016–2026(USD Billion)
21. Global Electric Traction Motor Market  share, by Region, 2019 and 2026
22. North America Electric Traction Motor Market , 2016–2026(USD Billion)
23. Europe Electric Traction Motor Market , 2016–2026(USD Billion)
24. Asia Pacific Electric Traction Motor Market , 2016–2026(USD Billion)
25. Latin America Electric Traction Motor Market , 2016–2026(USD Billion)
26. The Middle East and Africa Electric Traction Motor Market , 2016–2026(USD Billion)


Table Of Tables

List of Tables

1. Global Electric Traction Motor Market : snapshot
2. Drivers of the Electric Traction Motor Market : impact analysis
3. North America Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
4. North America Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
5. North America Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
6. The U.S. Electric Traction Motor Market  revenue, By Application, 2016–2026(USD Billion)
7. The U.S. Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
8. The U.S. Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
9. Rest of North America Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
10. Rest of North America Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
11. Rest of North America Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
12. Europe Electric Traction Motor Market  revenue, By Application, 2016–2026(USD Billion)
13. Europe Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
14. Europe Electric Traction Motor Market  revenue, By Type  , 2016–2026(USD Billion)
15. UK Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
16. UK Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
17. UK Electric Traction Motor Market  revenue, By Type  , 2016–2026(USD Billion)
18. France Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
19. France Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
20. France Electric Traction Motor Market  revenue, By Type  , 2016–2026(USD Billion)
21. Germany Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
22. Germany Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
23. Germany Electric Traction Motor Market  revenue, By Type , 2016–2026(USD Billion)
24. Rest of Europe Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
25. Rest of Europe Electric Traction Motor Market  revenue, By Power Rating  , 2016–2026(USD Billion)
26. Rest of Europe Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
27. Asia Pacific Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
28. Asia Pacific Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
29. Asia Pacific Electric Traction Motor Market  revenue, By Type , 2016–2026(USD Billion)
30. China Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
31. China Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
32. China Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
33. Japan Electric Traction Motor Market  revenue, By Application, 2016–2026(USD Billion)
34. Japan Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
35. Japan Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
36. India Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
37. India Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
38. India Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
39. Rest of Asia Pacific Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
40. Rest of Asia Pacific Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
41. Rest of Asia Pacific Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
42. Latin America Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
43. Latin America Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
44. Latin America Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
45. Brazil Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
46. Brazil Electric Traction Motor Market  revenue, By Power Rating , 2016–2026(USD Billion)
47. Brazil Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
48. Rest of Latin America Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
49. Rest of Latin America Electric Traction Motor Market  revenue, By Power Rating , 2016–2026(USD Billion)
50. Rest of Latin America Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
51. The Middle East and Africa Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
52. The Middle East and Africa Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
53. The Middle East and Africa Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
54. Saudi Arabia Electric Traction Motor Market  revenue, By Application, 2016–2026(USD Billion)
55. Saudi Arabia Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
56. Saudi Arabia Electric Traction Motor Market  revenue, By Type , 2016–2026(USD Billion)
57. South Africa Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
58. South Africa Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
59. South Africa Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)
60. Rest of the Middle East & Africa Electric Traction Motor Market  revenue, By Application,2016–2026(USD Billion)
61. Rest of the Middle East & Africa Electric Traction Motor Market  revenue, By Power Rating   , 2016–2026(USD Billion)
62. Rest of the Middle East & Africa Electric Traction Motor Market  revenue, By Type, 2016–2026(USD Billion)

 
 

Methodology

FrequentlyAsked Questions

An electric traction motor powers electric and hybrid vehicles. It converts electrical energy into mechanical motion

The global Electric Traction Motor market is expected to be driven by the electric vehicle adoption, rail electrification, and energy efficiency needs. Advancements in motor efficiency support expansion.

According to study, the global Electric Traction Motor market size was worth around USD 228.17 Million in 2023 and is predicted to grow to around USD 437.45 Million By 2032.

The global Electric Traction Motor market is expected to grow at a Compound Annual Growth Rate (CAGR) of around CAGR 7.5% during the forecast period from 2024-2032.

The global Electric Traction Motor industry is projected to be challenged by Challenges include rare-earth material dependency, thermal management issues, and high manufacturing costs.

The Opportunities include EV adoption, rail electrification, efficiency improvements, and government incentives for electric mobility will offer significant growth opportunities in the Electric Traction Motor market.

High-efficiency permanent magnet and induction motors; integrated motor-inverter units; lightweight designs for EV range optimization are the emerging trends and innovations impacting the Electric Traction Motor market.

The global Electric Traction Motor market is expected to be led by APAC during the forecast period.

Some of the prominent players operating in the global Electric Traction Motor market are; Alstom, ABB, Bosch, CRRC, Siemens, TSA, and WEG and others.

The report explores crucial aspects of the Electric Traction Motor market, including a detailed discussion of existing growth factors and restraints, while also browsing future growth opportunities and challenges that impact the market.

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List of Contents

How big is the Market?Global Market- Introduction Market Growth Dynamics Report ScopeSegmentationAsia Pacific To Account For Major Market Revenue During 2024-2032Competitive PlayersThe global electric traction motor market is segmented as follows:

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