by The global electric traction motor market size was valued at US$ 14.9 billion in 2021 and is anticipated to grow US$ 61.4 billion by 2030, registering a CAGR of 17.04% from 2022 to 2030.
The electric traction motor market report covering various industry elements and growth trends helpful for predicting the market’s future.
The study provides a strong base for the electric traction motor market to be segmented into different segments. In fact, the study also covers the maximum market share during the assessment period by 2030.
This study is based on the partners that are highly competitive, key players as well as their market revenue in the forecast years of 2022 to 2030. There is also a strong focus on product revenues, sales, product categories and even the products that are experiencing the most traction. In this manner, the electric traction motor report also speaks about the effectiveness of this market along with its growth during the forecast period of 2030. Other major attributes of the electric traction motor market have been studied and analysed across many developments.
Market Scope
| Report Coverage | Details |
| Market Size in 2022 | USD 17.44 Billion |
| Market Size by 2030 | USD 61.4 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 17.04% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Vehicle Type, Type, Power Rating, Application, and Geography |
Research Approach
The comprehensive report on the global electric traction motor market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products. Following this, the report provides detailed explanation of objectives of this study and laid down by accredited agencies in the purview of research in the global electric traction motor market.
It is followed by market introduction, market dynamics, and an overview of the global market, which includes analysis of market drivers, restraints, and trends pertaining to the global market. Furthermore, Y-o-Y growth analysis with elaborated insights has been provided in order to understand the Y-o-Y growth trend of the global market.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller sections. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
Key Players
- Schneider Electric SE
- The Curtiss-Wright Corporation
- Prodrive Technologies
- Toshiba Corporation
- General Electric Co.
- CG Power and 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.
- TTM Rail – Transtech Melbourne Pty Ltd.
- Kawasaki Heavy Industries Ltd.
- Traktionssysteme Austria GmbH
- Hyundai Rotem Company
- Hitachi, Ltd.
- Ansaldo Signalling
- Magna International
Market Segmentations
By Vehicle Type
- Plug-in Hybrid Electric Vehicles
- Mild Hybrid Vehicles
- Full Hybrid Vehicles
By Type
- AC
- DC
By Power Rating
- Below 200 KW
- 200 KW To 400 KW
- Above 400 K W
By Application
- Railways
- Electric Vehicles
- Elevators
- Conveyors
- Industrial Machinery
- Others
By Geography
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East & Africa (MEA)
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Electric Traction Motor Market
5.1. COVID-19 Landscape: Electric Traction Motor Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Electric Traction Motor Market, By Vehicle Type
8.1. Electric Traction Motor Market, by Vehicle Type, 2022-2030
8.1.1. Plug-in Hybrid Electric Vehicles
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Mild Hybrid Vehicles
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Full Hybrid Vehicles
8.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Electric Traction Motor Market, By Type
9.1. Electric Traction Motor Market, by Type, 2022-2030
9.1.1. AC
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. DC
9.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Electric Traction Motor Market, By Power Rating
10.1. Electric Traction Motor Market, by Power Rating, 2022-2030
10.1.1. Below 200 KW
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. 200 KW To 400 KW
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Above 400 K W
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Electric Traction Motor Market, By Application
11.1. Electric Traction Motor Market, by Application, 2022-2030
11.1.1. Railways
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Electric Vehicles
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Elevators
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Conveyors
11.1.4.1. Market Revenue and Forecast (2017-2030)
11.1.5. Industrial Machinery
11.1.5.1. Market Revenue and Forecast (2017-2030)
11.1.5. Others
11.1.5.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Electric Traction Motor Market, Regional Estimates and Trend Forecast
12.1. North America
12.1.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.1.2. Market Revenue and Forecast, by Type (2017-2030)
12.1.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.1.4. Market Revenue and Forecast, by Application (2017-2030)
12.1.5. U.S.
12.1.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.1.5.2. Market Revenue and Forecast, by Type (2017-2030)
12.1.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.1.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.1.6. Rest of North America
12.1.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.1.6.2. Market Revenue and Forecast, by Type (2017-2030)
12.1.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.1.6.4. Market Revenue and Forecast, by Application (2017-2030)
12.2. Europe
12.2.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.2.2. Market Revenue and Forecast, by Type (2017-2030)
12.2.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.2.4. Market Revenue and Forecast, by Application (2017-2030)
12.2.5. UK
12.2.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.2.5.2. Market Revenue and Forecast, by Type (2017-2030)
12.2.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.2.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.2.6. Germany
12.2.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.2.6.2. Market Revenue and Forecast, by Type (2017-2030)
12.2.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.2.6.4. Market Revenue and Forecast, by Application (2017-2030)
12.2.7. France
12.2.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.2.7.2. Market Revenue and Forecast, by Type (2017-2030)
12.2.7.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.2.7.4. Market Revenue and Forecast, by Application (2017-2030)
12.2.8. Rest of Europe
12.2.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.2.8.2. Market Revenue and Forecast, by Type (2017-2030)
12.2.8.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.2.8.4. Market Revenue and Forecast, by Application (2017-2030)
12.3. APAC
12.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.3.2. Market Revenue and Forecast, by Type (2017-2030)
12.3.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.3.4. Market Revenue and Forecast, by Application (2017-2030)
12.3.5. India
12.3.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.3.5.2. Market Revenue and Forecast, by Type (2017-2030)
12.3.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.3.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.3.6. China
12.3.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.3.6.2. Market Revenue and Forecast, by Type (2017-2030)
12.3.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.3.6.4. Market Revenue and Forecast, by Application (2017-2030)
12.3.7. Japan
12.3.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.3.7.2. Market Revenue and Forecast, by Type (2017-2030)
12.3.7.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.3.7.4. Market Revenue and Forecast, by Application (2017-2030)
12.3.8. Rest of APAC
12.3.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.3.8.2. Market Revenue and Forecast, by Type (2017-2030)
12.3.8.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.3.8.4. Market Revenue and Forecast, by Application (2017-2030)
12.4. MEA
12.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.4.2. Market Revenue and Forecast, by Type (2017-2030)
12.4.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.4.4. Market Revenue and Forecast, by Application (2017-2030)
12.4.5. GCC
12.4.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.4.5.2. Market Revenue and Forecast, by Type (2017-2030)
12.4.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.4.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.4.6. North Africa
12.4.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.4.6.2. Market Revenue and Forecast, by Type (2017-2030)
12.4.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.4.6.4. Market Revenue and Forecast, by Application (2017-2030)
12.4.7. South Africa
12.4.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.4.7.2. Market Revenue and Forecast, by Type (2017-2030)
12.4.7.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.4.7.4. Market Revenue and Forecast, by Application (2017-2030)
12.4.8. Rest of MEA
12.4.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.4.8.2. Market Revenue and Forecast, by Type (2017-2030)
12.4.8.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.4.8.4. Market Revenue and Forecast, by Application (2017-2030)
12.5. Latin America
12.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.5.2. Market Revenue and Forecast, by Type (2017-2030)
12.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.5.5. Brazil
12.5.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.5.5.2. Market Revenue and Forecast, by Type (2017-2030)
12.5.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.5.5.4. Market Revenue and Forecast, by Application (2017-2030)
12.5.6. Rest of LATAM
12.5.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)
12.5.6.2. Market Revenue and Forecast, by Type (2017-2030)
12.5.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)
12.5.6.4. Market Revenue and Forecast, by Application (2017-2030)
Chapter 13. Company Profiles
13.1. Schneider Electric SE
13.1.1. Company Overview
13.1.2. Product Offerings
13.1.3. Financial Performance
13.1.4. Recent Initiatives
13.2. The Curtiss-Wright Corporation
13.2.1. Company Overview
13.2.2. Product Offerings
13.2.3. Financial Performance
13.2.4. Recent Initiatives
13.3. Prodrive Technologies
13.3.1. Company Overview
13.3.2. Product Offerings
13.3.3. Financial Performance
13.3.4. Recent Initiatives
13.4. Toshiba Corporation
13.4.1. Company Overview
13.4.2. Product Offerings
13.4.3. Financial Performance
13.4.4. Recent Initiatives
13.5. General Electric Co.
13.5.1. Company Overview
13.5.2. Product Offerings
13.5.3. Financial Performance
13.5.4. Recent Initiatives
13.6. CG Power and Industrial Solutions Ltd.
13.6.1. Company Overview
13.6.2. Product Offerings
13.6.3. Financial Performance
13.6.4. Recent Initiatives
13.7. Aisin
13.7.1. Company Overview
13.7.2. Product Offerings
13.7.3. Financial Performance
13.7.4. Recent Initiatives
13.8. ABB, Ltd.
13.8.1. Company Overview
13.8.2. Product Offerings
13.8.3. Financial Performance
13.8.4. Recent Initiatives
13.9. Alstom S.A.
13.9.1. Company Overview
13.9.2. Product Offerings
13.9.3. Financial Performance
13.9.4. Recent Initiatives
13.10. Siemens AG
13.10.1. Company Overview
13.10.2. Product Offerings
13.10.3. Financial Performance
13.10.4. Recent Initiatives
Chapter 14. Research Methodology
14.1. Primary Research
14.2. Secondary Research
14.3. Assumptions
Chapter 15. Appendix
15.1. About Us
15.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global electric traction motor market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electric traction motor are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
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