Electric Traction Motor Market Size, Growth, Demands Outlook and Forecasts to 2030

 According to the research report, the global electrictraction motor market size is expected to touch USD 61.4  Billion by 2030, from USD 14.9 Billion in 2021, growing with a significant CAGR of 17.04% from 2022 to 2030. 

The electric traction motor market report offers a comprehensive study of the current state expected at the major drivers, market strategies, and key vendors’ growth. The report presents energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research also focuses on the important achievements of the market, research & development, and regional growth of the leading competitors operating in the market. The current trends of the global electric traction motor market in conjunction with the geographical landscape of this vertical have also been included in this report.

The report offers intricate dynamics about different aspects of the global electric traction motor market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global electric traction motor market during the forecast period. It also includes a key indicator assessment that highlights growth prospects of this market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume (tons).

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 Report Scope of the Electric Traction Motor Market

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

This study covers a detailed segmentation of the global electric traction motor market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global electric traction motor market, wherein various developments, expansions, and winning strategies practiced and implemented by leading players have been presented in detail.

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 Segmentation

 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)

Research Methodology

The research methodology adopted by analysts for compiling the global electric traction motor market report is based on detailed primary as well as secondary research. With the help of in-depth insights of the market-affiliated information that is obtained and legitimated by market-admissible resources, analysts have offered riveting observations and authentic forecasts for the global market.

During the primary research phase, analysts interviewed market stakeholders, investors, brand managers, vice presidents, and sales and marketing managers. Based on data obtained through interviews of genuine resources, analysts have emphasized the changing scenario of the global market.

For secondary research, analysts scrutinized numerous annual report publications, white papers, market association publications, and company websites to obtain the necessary understanding of the global electric traction motor market.

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

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