Electric Traction Motor Market

Electric traction motor by power rating, has been segmented into <200 kW, 200 kW to 400 kW, and >400 kW. The <200 kW segment is expected to grow at the fastest rate during the forecast period. Electric traction motors with a power rating <200 kW are widely used in electric vehicles and light rail vehicles such as trams, mono rail, and Others. Need for decarbonizing transport sector and increasing investments in the light rail vehicles are expected to drive the market for electric traction motors with rate power <200 kW during the forecast period. Electric Traction Motor Market contains market size and forecasts of Electric Traction Motor in global, including the following market information: Global Electric Traction Motor Market Revenue, 2017-2022, 2023-2028, ($ millions) Global Electric Traction Motor Market Sales, 2017-2022, 2023-2028, (K Units) Global top five Electric Traction Motor companies in 2021 (%) The global Electric Traction Motor market was valued at 10930 million in 2021 and is projected to reach US$ 27410 million by 2028, at a CAGR of 14.0% during the forecast period. The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028. AC Segment to Reach $ Million by 2028, with a % CAGR in next six years. The global key manufacturers of Electric Traction Motor include Benchmarking, Crrc, Alstom, Traktionssysteme AustriA, Siemens, ABB, BoscH, CG Power and General Electric (GE), etc. In 2021, the global top five players have a share approximately % in terms of revenue. We surveyed the Electric Traction Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks. Total Market by Segment: Global Electric Traction Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units) Global Electric Traction Motor Market Segment Percentages, by Type, 2021 (%) AC DC Global Electric Traction Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units) Global Electric Traction Motor Market Segment Percentages, by Application, 2021 (%) Railway Electric Vehicles Others (Elevators, conveyors, and industrial machinery) Global Electric Traction Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units) Global Electric Traction Motor Market Segment Percentages, By Region and Country, 2021 (%) North America US Canada Mexico Europe Germany France U.K. Italy Russia Nordic Countries Benelux Rest of Europe Asia China Japan South Korea Southeast Asia India Rest of Asia South America Brazil Argentina Rest of South America Middle East & Africa Turkey Israel Saudi Arabia UAE Rest of Middle East & Africa Competitor Analysis The report also provides analysis of leading market participants including: Key companies Electric Traction Motor revenues in global market, 2017-2022 (Estimated), ($ millions) Key companies Electric Traction Motor revenues share in global market, 2021 (%) Key companies Electric Traction Motor sales in global market, 2017-2022 (Estimated), (K Units) Key companies Electric Traction Motor sales share in global market, 2021 (%) Further, the report presents profiles of competitors in the market, key players include: Benchmarking Crrc Alstom Traktionssysteme AustriA Siemens ABB BoscH CG Power General Electric (GE) NIDEc Skoda Electric ToshibA Weg Sa