Electric Traction Motor Global Market Report 2024

Description

“Electric Traction Motor Global Market Report 2024 ” from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on electric traction motor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for electric traction motor? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? “The electric traction motor market global report ” from The Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: AC; DC
2) By Power Rating: Less Than 200 kW; Between 200 kW To 400 kW; More Than 400 kW
3) By Application: Railway; Electric Vehicle; Elevators; Conveyors; Industrial Machinery
4) By Industry Vertical: Chemical And Petrochemical; Oil And Gas; Energy And Power; Automotive; Food And Beverages; Healthcare; Other Industry Verticals
Companies Mentioned: ABB Ltd.; Siemens AG; General Electric Company; CG Power and Industrial Solutions Ltd; CRRC Corporation Limited
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

An electric traction motor is an electric motor designed for propelling electrically powered systems such as elevators, trolleybuses, conveyors, locomotives, and other electric-controlled vehicles with electrical transmission systems. These motors generate power to turn the wheels, which is transmitted to the wheels via the driving gear unit and axle, converting electrical energy into mechanical energy.

The main types of electric traction motors include AC (alternating current) and DC (direct current). AC motors use alternating current to generate the required propelling power for the systems. The power rating for these electric traction motors is categorized into less than 200 kW, between 200 kW to 400 kW, and more than 400 kW. These motors find applications in various sectors, including railways, electric vehicles, elevators, conveyors, and industrial machinery. Electric traction motors are utilized across different industry verticals such as chemical and petrochemical, oil and gas, energy and power, automotive, food and beverages, healthcare, and others.

The electric traction motor market research report is one of a series of new reports from The Business Research Company that provides electric traction motor market statistics, including electric traction motors industry global market size, regional shares, competitors with an electric traction motor market share, detailed electric traction motor market segments, market trends and opportunities, and any further data you may need to thrive in the electric traction motor industry. This electric traction motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The electric traction motor market size has grown exponentially in recent years. It will grow from $16.7 billion in 2023 to $20.09 billion in 2024 at a compound annual growth rate (CAGR) of 20.3%. The growth observed in the historical period can be attributed to several key factors, including the increased electrification of transportation, a rising adoption of electric vehicles (EVs), government regulations and emission standards in the automotive industry, significant investments in EVs, and advancements leading to improved energy efficiency. These factors have collectively contributed to the expansion and development of electric traction motors in the past.

The electric traction motor market size is expected to see rapid growth in the next few years. It will grow to $40.62 billion in 2028 at a compound annual growth rate (CAGR) of 19.2%. The anticipated growth in the forecast period can be attributed to several factors, including ongoing research and development in motor technology, the pursuit of environmental and sustainability goals, the expansion of electric vehicle (EV) charging infrastructure, increased adoption in commercial and industrial applications, and the diversification of electric mobility solutions. Major trends expected in the forecast period encompass technological advancements in motor design, progress in advanced battery technology, the development of lightweight and compact motor designs, the integration of smart and IoT features into electric traction motors, and the fostering of strategic collaborations within the industry.

The surge in demand for electric vehicles is poised to drive growth in the electric traction motor market. Despite the economic impact of COVID-19 negatively affecting demand for traditional gasoline and diesel cars, there is an increasing preference for electric and hybrid vehicles. Global efforts to address climate change and attain net-zero emissions are steering the automotive industry towards emission-free transportation. This shift not only contributes to cost savings through reduced fuel expenses but also promotes a transition from petroleum-based products to locally generated electric power. The establishment of electric vehicle charging stations, hydrogen fueling stations, and government initiatives supporting adoption further stimulate the use of electric vehicles. These factors are fueling the demand for electric traction motors, which offer clean, easily controllable, and high-powered propulsion for safe and reliable driving. For instance, a report from the US Department of Energy in March 2022 revealed an 85% increase in electric vehicle sales between 2020 and 2021, indicating a substantial market growth.

The electric traction motors market is set to benefit from increasing urbanization. The ongoing trend of people migrating to urban areas, where over 50% of the global population resides, is anticipated to drive demand for electric vehicles with electric traction motors. Urban environments, characterized by frequent traffic congestion, find electric vehicles well-suited for city driving due to their efficient performance in stop-and-go traffic conditions. A report from the World Bank in 2022 projects a 1.5-fold increase in the urban population, reaching 6 billion by 2045. Additionally, urban land consumption is expected to outpace population growth by up to 50%, resulting in an estimated 1.2 million km2 increase in urban built-up area by 2030. This rapid urbanization is a significant driver for the growth of the electric traction motors market.

A noteworthy trend in the electric traction motor market is the emphasis on technological advancement. Despite the longstanding use of electric motors, there is a continuous pursuit of improved technology and energy efficiency. The market is witnessing a demand for emerging motor technologies, such as axial flux motors, which boast higher torque production per unit volume compared to radial motors. Major companies in the electric traction motors sector are actively focused on delivering advanced solutions to strengthen their market presence. For example, in July 2022, Mahle, a German automotive parts manufacturer, introduced the SCT E-motor-a superior continuous torque (SCT) E-motor designed for optimal performance. This compact and lightweight motor achieved resilience through an innovative integrated oil cooling mechanism, showcasing the industry's commitment to ongoing technological advancements.

Major players in the electric traction motors market are innovating by introducing new products like e-axle traction motor systems, aiming to cater to broader customer bases, increase sales, and boost revenue. An e-axle traction motor system, or electric axle traction motor system, is a compact and integrated drivetrain component commonly utilized in electric and hybrid vehicles. For instance, in October 2021, Nidec, a Japanese commercial company, unveiled the 200 kW Ni200Ex traction motor system. This system, featured in the Zeekr 001 vehicle, provides a maximum power output of 200 kW and generates 384 Nm of torque. The Ni200Ex seamlessly integrates the electric motor, transmission, and power electronics, including the inverter, into a unified system. Derived from the Ni150Ex's foundational structure, the Ni200Ex boasts a compact and lightweight design, drawing on Nidec's expertise in magnetic circuit design and a distinctive motor oil-cooling system. The unit's attributes, nurtured through Nidec's specialization in precise small motors, contribute to enhancing power output, reducing electricity consumption, minimizing noise and vibration, and ultimately aiding in the vehicle's weight reduction.

In July 2021, Mercedes-Benz, a German-based manufacturer and distributor of premium and luxury cars, made an undisclosed acquisition of YASA Limited. With this acquisition, Mercedes-Benz aims to retain YASA's brand, team, and facilities while allowing YASA to continue developing ultra-high-performance e-motors. The acquisition enables YASA to maintain its position in serving current automotive supercar clients. YASA, a British-based manufacturer of electric motors and motor controllers, plays a crucial role in advancing electric motor technology for automotive and industrial applications.

Major companies operating in the electric traction motor market include ABB Ltd., Siemens AG, General Electric Company, CG Power and Industrial Solutions Ltd, CRRC Corporation Limited, Kirloskar Electric Company Ltd., Alstom SA, Traktionssysteme Austria GmbH, Skoda Transportation AS, Robert Bosch GmbH, Mitsubishi Electric Corporation, Toshiba Corporation, Nidec Corporation, Johnson Electric Holdings Limited, Ametek Inc., Regal Beloit Corporation, WEG SA, Brook Crompton UK Ltd., TECO Electric & Machinery Co. Ltd., Hitachi Ltd., Emerson Electric Co., Danaher Corporation, Parker Hannifin Corporation, Franklin Electric Co. Inc., Marathon Electric Motors Limited., NORD Drivesystems Pvt. Ltd., Bonfiglioli Riduttori SpA, Sumitomo Heavy Industries Ltd., Yaskawa Electric Corporation, Fuji Electric Co. Ltd., Hyundai Rotem Company, VEM Group, Voith GmbH & Co. KGaA, AEG Power Solutions BV, KEB Automation KG, Nidec Leroy-Somer Holding, Moog Inc.

Asia-Pacific was the largest region in the electric traction motor market in 2023. North America is expected to be the fastest-growing region in the electric traction motor market during the forecast period. The regions covered in the electric traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

The countries covered in the electric traction motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.

The electric traction motor market consists of sales of DC motors, Switch Reluctance motors, brushless DC motors, three-phase AC induction, and permanent magnet synchronous motor. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this electric traction motor market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r9541

1. Executive Summary

2. Electric Traction Motor Market Characteristics

3. Electric Traction Motor Market Trends And Strategies

4. Electric Traction Motor Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Electric Traction Motor Market Size and Growth

5.1. Global Electric Traction Motor Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Electric Traction Motor Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Electric Traction Motor Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Electric Traction Motor Market Segmentation

6.1. Global Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
AC
DC
6.2. Global Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Less Than 200 kW
Between 200 kW To 400 kW
More Than 400 kW
6.3. Global Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
6.4. Global Electric Traction Motor Market, Segmentation By Industry Vertical, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Chemical And Petrochemical
Oil And Gas
Energy And Power
Automotive
Food And Beverages
Healthcare
Other Industry Verticals

7. Electric Traction Motor Market Regional And Country Analysis

7.1. Global Electric Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Electric Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Electric Traction Motor Market

8.1. Asia-Pacific Electric Traction Motor Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Electric Traction Motor Market

9.1. China Electric Traction Motor Market Overview
9.2. China Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Electric Traction Motor Market

10.1. India Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Electric Traction Motor Market

11.1. Japan Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.2. Japan Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Electric Traction Motor Market

12.1. Australia Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Electric Traction Motor Market

13.1. Indonesia Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Electric Traction Motor Market

14.1. South Korea Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.2. South Korea Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Electric Traction Motor Market

15.1. Western Europe Electric Traction Motor Market Overview
15.2. Western Europe Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Electric Traction Motor Market

16.1. UK Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Electric Traction Motor Market

17.1. Germany Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Electric Traction Motor Market

18.5. France Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.6. France Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.7. France Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Electric Traction Motor Market

19.9. Italy Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.10. Italy Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.11. Italy Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Electric Traction Motor Market

20.13. Spain Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.14. Spain Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.15. Spain Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Electric Traction Motor Market

21.1. Eastern Europe Electric Traction Motor Market Overview
21.2. Eastern Europe Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Electric Traction Motor Market

22.1. Russia Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Electric Traction Motor Market

23.1. North America Electric Traction Motor Market Overview
23.2. North America Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Electric Traction Motor Market

24.1. USA Electric Traction Motor Market Overview
24.2. USA Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Electric Traction Motor Market

25.1. Canada Electric Traction Motor Market Overview
25.2. Canada Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Electric Traction Motor Market

26.1. South America Electric Traction Motor Market Overview
26.2. South America Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Electric Traction Motor Market

27.1. Brazil Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Electric Traction Motor Market

28.1. Middle East Electric Traction Motor Market Overview
28.2. Middle East Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Electric Traction Motor Market

29.1. Africa Electric Traction Motor Market Overview
29.2. Africa Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Electric Traction Motor Market Competitive Landscape And Company Profiles

30.1. Electric Traction Motor Market Competitive Landscape
30.2. Electric Traction Motor Market Company Profiles
- 30.2.1. ABB Ltd.
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Siemens AG
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. General Electric Company
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. CG Power and Industrial Solutions Ltd
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. CRRC Corporation Limited
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Electric Traction Motor Market Competitive Benchmarking

32. Global Electric Traction Motor Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Electric Traction Motor Market

34. Electric Traction Motor Market Future Outlook and Potential Analysis

34.1 Electric Traction Motor Market In 2028 - Countries Offering Most New Opportunities
34.2 Electric Traction Motor Market In 2028 - Segments Offering Most New Opportunities
34.3 Electric Traction Motor Market In 2028 - Growth Strategies
34.3.1 Market Trend Based Strategies
34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer