Electric Traction Motor Global Market By Type, By Power Rating, By Application, By Vehicle Type, Regional Outlook And Forecast 2023-2032 | ABB Ltd., Siemens AG, General Electric Company, Alstom SA, Robert Bosch GmbH

powerful electric motors for modern industrial equipment at factory

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:

Electric Traction Motor Market By Type

Electric Traction Motor Market By Power Rating

Less Than 200 kW
Between 200 kW To 400 kW
More Than 400 kW

Electric Traction Motor Market By Application

Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery

Electric Traction Motor Market By Industry Vertical

Chemical And Petrochemical
Oil And Gas
Energy And Power
Automotive
Food And Beverages
Healthcare

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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