Electric Traction Motor Global Market Report 2025

Description

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 rapidly in recent years. It will grow from $19.79 billion in 2024 to $23.65 billion in 2025 at a compound annual growth rate (CAGR) of 19.5%. The growth in the historic period can be attributed to increased electrification of transportation, increased adoption of electric vehicles (evs), government regulations and emission standards automotive industry, investment in evs, and improved energy efficiency.

The electric traction motor market size is expected to see rapid growth in the next few years. It will grow to $47.03 billion in 2029 at a compound annual growth rate (CAGR) of 18.8%. The growth in the forecast period can be attributed to research and development in motor technology, environmental and sustainability goals, expansion of ev charging infrastructure, increased adoption in commercial and industrial applications, and diversification of electric mobility solutions. Major trends in the forecast period include technological advancements in motor design, advanced battery technology, lightweight and compact motor designs, integration of smart and iot features, and strategic collaborations.

The growing demand for electric vehicles is expected to drive the expansion of the electric traction motor market. Although the economic impact of COVID-19 has reduced demand for petrol and diesel cars, the demand for EVs and hybrid vehicles has risen. Concerns over climate change and the pursuit of net-zero emissions are fueling the global transition to emission-free transportation. This shift toward EVs benefits the economy by lowering fuel costs and shifting energy consumption from petroleum-based products to locally generated electric power. The establishment of EV charging stations, hydrogen fueling stations, and government initiatives supporting EV adoption further promote the use of electric vehicles. These trends have boosted the demand for electric traction motors, which provide clean energy, ease of handling, speed control, and high-power propulsion for safe and reliable driving. For example, in January 2024, according to the U.S. Energy Information Administration, hybrid vehicles, plug-in hybrid electric vehicles, and battery electric vehicles (BEVs) collectively represented 16.3% of total new light-duty vehicle (LDV) sales in the U.S. in 2023, up from 12.9% in 2022.

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.

Leading companies in the electric traction motor market are focusing on developing innovative solutions, such as next-generation electric axle platforms, to improve the efficiency and performance of electric vehicles (EVs) and other electric-powered applications. These next-generation electric axle platforms are advanced systems that integrate electric motors, transmissions, and other essential components into a single, modular unit for EVs and related applications. For example, in May 2023, ZF Friedrichshafen AG, a Germany-based manufacturing firm, introduced the AxTrax 2, a next-generation electric axle platform designed for commercial vehicles, with production set to begin in Europe in late 2024 and in the U.S. in 2025. This innovative, modular e-powertrain system optimizes battery space through its integrated design and is available in configurations with one or two e-drives, making it adaptable for light, medium, and heavy-duty vehicles. The AxTrax 2 enhances vehicle safety and efficiency by working in sync with braking systems and advanced driver-assistance systems (ADAS) while also featuring advanced digital and telematics capabilities.

In April 2023, 3BG Supply Co., a US-based manufacturing company, acquired Controls and Electric Motor Company (CEMCO) for an undisclosed amount. This acquisition is aimed at expanding 3BG Supply Co.'s service offerings and solidifying its market position within the industrial supply sector. By leveraging CEMCO's expertise, the company plans to drive growth and boost customer satisfaction. CEMCO, a US-based company specializing in electrical control panel design and fabrication, enhances electric propulsion systems by integrating advanced control technologies with traction motors to provide efficient transportation solutions.

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., Parker Hannifin Corporation, 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, KEB Automation KG

Asia-Pacific was the largest region in the electric traction motor market in 2024. 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.

Electric Traction Motor Global Market Report 2025 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 15 geographies.
Assess the impact of key macro factors such as conflict, pandemic and recovery, inflation and interest rate environment and the 2nd Trump presidency.
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 2-3 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.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

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
Subsegments:
1) By AC (Alternating Current): Synchronous AC Motors; Asynchronous (Induction) AC Motors; Permanent Magnet AC Motors
2) By DC (Direct Current): Brushed DC Motors; Brushless DC Motors; Permanent Magnet DC Motors
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.

Product Code: r21407

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 Including The Impact Of Interest Rates, Inflation, Geopolitics And Covid And Recovery On The Market

5. Global Electric Traction Motor Growth Analysis And Strategic Analysis Framework

5.1. Global Electric Traction Motor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
5.2. Analysis Of End Use Industries
5.3. Global Electric Traction Motor Market Growth Rate Analysis
5.4. Global Electric Traction Motor Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)
5.5. Global Electric Traction Motor Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)
5.6. Global Electric Traction Motor Total Addressable Market (TAM)

6. Electric Traction Motor Market Segmentation

6.1. Global Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
AC
DC
6.2. Global Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
6.4. Global Electric Traction Motor Market, Segmentation By Industry Vertical, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Chemical And Petrochemical
Oil And Gas
Energy And Power
Automotive
Food And Beverages
Healthcare
Other Industry Verticals
6.5. Global Electric Traction Motor Market, Sub-Segmentation Of AC (Alternating Current), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Synchronous AC Motors
Asynchronous (Induction) AC Motors
Permanent Magnet AC Motors
6.6. Global Electric Traction Motor Market, Sub-Segmentation Of By DC (Direct Current), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
Brushed DC Motors
Brushless DC Motors
Permanent Magnet DC Motors

7. Electric Traction Motor Market Regional And Country Analysis

7.1. Global Electric Traction Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
7.2. Global Electric Traction Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Electric Traction Motor Market

8.1. Asia-Pacific Electric Traction Motor Market Overview
Region Information, 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, 2019-2024, 2024-2029F, 2034F, $ Billion
8.3. Asia-Pacific Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
8.4. Asia-Pacific Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F,$ Billion
9.3. China Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion
9.4. China Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Electric Traction Motor Market

10.1. India Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.2. India Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
10.3. India Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Electric Traction Motor Market

11.1. Japan Electric Traction Motor Market Overview
11.2. Japan Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.3. Japan Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
11.4. Japan Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Electric Traction Motor Market

12.1. Australia Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.2. Australia Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
12.3. Australia Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Electric Traction Motor Market

13.1. Indonesia Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.2. Indonesia Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
13.3. Indonesia Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Electric Traction Motor Market

14.1. South Korea Electric Traction Motor Market Overview
14.2. South Korea Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.3. South Korea Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
14.4. South Korea Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
15.3. Western Europe Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
15.4. Western Europe Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Electric Traction Motor Market

16.1. UK Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.2. UK Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
16.3. UK Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Electric Traction Motor Market

17.1. Germany Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.2. Germany Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
17.3. Germany Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Electric Traction Motor Market

18.1. France Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.2. France Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
18.3. France Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Electric Traction Motor Market

19.1. Italy Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.2. Italy Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
19.3. Italy Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Electric Traction Motor Market

20.1. Spain Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.2. Spain Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
20.3. Spain Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
21.3. Eastern Europe Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
21.4. Eastern Europe Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Electric Traction Motor Market

22.1. Russia Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.2. Russia Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
22.3. Russia Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
23.3. North America Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
23.4. North America Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
24.3. USA Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
24.4. USA Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
25.3. Canada Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
25.4. Canada Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
26.3. South America Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
26.4. South America Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Electric Traction Motor Market

27.1. Brazil Electric Traction Motor Market, Segmentation By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.2. Brazil Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
27.3. Brazil Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
28.3. Middle East Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
28.4. Middle East Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion
29.3. Africa Electric Traction Motor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
29.4. Africa Electric Traction Motor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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. Overview, Products and Services, Strategy and Financial Analysis
- 30.2.2. Siemens AG Overview, Products and Services, Strategy and Financial Analysis
- 30.2.3. General Electric Company Overview, Products and Services, Strategy and Financial Analysis
- 30.2.4. CG Power and Industrial Solutions Ltd Overview, Products and Services, Strategy and Financial Analysis
- 30.2.5. CRRC Corporation Limited Overview, Products and Services, Strategy and Financial Analysis

31. Electric Traction Motor Market Other Major And Innovative Companies

31.1. Kirloskar Electric Company Ltd.
31.2. Alstom SA
31.3. Traktionssysteme Austria GmbH
31.4. Skoda Transportation AS
31.5. Robert Bosch GmbH
31.6. Mitsubishi Electric Corporation
31.7. Toshiba Corporation
31.8. Nidec Corporation
31.9. Johnson Electric Holdings Limited
31.10. Ametek Inc.
31.11. Regal Beloit Corporation
31.12. WEG SA
31.13. Brook Crompton UK Ltd.
31.14. TECO Electric & Machinery Co. Ltd.
31.15. Hitachi Ltd.

32. Global Electric Traction Motor Market Competitive Benchmarking And Dashboard

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

34. Recent Developments In The Electric Traction Motor Market

35. Electric Traction Motor Market High Potential Countries, Segments and Strategies

35.1 Electric Traction Motor Market In 2029 - Countries Offering Most New Opportunities
35.2 Electric Traction Motor Market In 2029 - Segments Offering Most New Opportunities
35.3 Electric Traction Motor Market In 2029 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer