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Outlook on the Electric Traction Motor Global Market to 2028 - Focus on AC and DC Motors -

·4-min read

DUBLIN, October 14, 2021--(BUSINESS WIRE)--The "Electric Traction Motor Market - Market Size & Forecasting (2017-2028)" report has been added to's offering.

The electric traction motor market size was estimated to be Euro 5,605.9 million in 2020 and is projected to register a CAGR of 20.4% to reach Euro 24,824.0 million by 2028. But due to the effect of Covid-19, the market size came down to Euro 4,559.6 million in 2020, and it is estimated to register a CAGR of 18.5% to hit Euro 17,760.3 million by 2028.

Companies Mentioned

  • Abb Ltd

  • Robert Bosch Gmbh

  • Ametek Inc.

  • Cg Power and Industrial Solutions

  • Crrc Corporation Limited

  • Hitachi Ltd.

  • Hyundai Rotem

  • Johnson Electric Holdings Limited

  • Kawasaki Heavy Industries Ltd.

  • Mitsubishi Corp.

  • Siemens Ag

  • Wabtec Corporation

  • Eaton Corporation

  • Alstom Sa

  • Weg S.A. General Electric Company

  • Nidec Corporation

  • Vem Group

  • American Traction Systems

  • Skoda Transportation A.S.

  • Traktionssysteme Austria

Rising demand for electric cars is projected to drive the electric traction motor market in the coming years. There has been a shift towards electric transportation in the automotive industry to increase green footprint. This, in turn, is supposed to augment the electric traction motor market in the forthcoming years. Furthermore, rising investments in metros and other transportation services that require underground access are expected to catapult the electric traction motor market on a growth trajectory.

This research report categorizes the market for electric traction motor based on various segments and region and forecasts revenue growth and analysis of trends in each of the submarkets. The report analyses the key growth drivers, opportunities and challenges which influence the electric traction motor market. Recent market developments and competitive strategies such as expansion, product launch and development, partnership, merger and acquisition have been included in order to draw the competitive landscape in the electric traction motor market. The report strategically identifies and profiles the key market players and analyses their core competencies in each segment such as type, power rating, and application of the Electric traction motor market.

Key Questions Answered:

  • How the electric traction motor market is evolving?

  • What is driving and restraining factors for global electric traction motor market?

  • How will each electric traction motor submarket segment grow over the forecast period and how much sales will these submarkets account for in 2028?

  • How will market shares of each electric traction motor submarket develop from 2020-2028?

  • Which electric traction motor submarket will be the main driver of the overall market from 2020-2028?

  • How will political and regulatory factors influence regional Electric traction motor markets and submarkets?

  • Will leading national electric traction motor broadly follow macroeconomic dynamics, or will individual country sectors outperform the rest of the economy?

  • How will market shares of the national markets change by 2028 and which nation will lead the market in 2028?

  • Who are the leading players and what are their prospects over the forecast period?

  • How will the sector evolve as alliances form during the period between 2017 and 2028?

Key Topics Covered:

1 Market Abstract

2 Market Introduction

3 Research Practice

4 Key Related Data

4.1 Competitive Positioning

4.1.1 Product Positioning

4.1.2 Regional Reach Positioning

4.2 Major Investments in the Last Five Years by Global Players

4.3 Vendor Matrix

4.4 Technological Advancement

4.5 Standards and Regulations

4.6 Patent Analysis

4.7 Covid- 19 Impact on Electric Traction Motor Market

5 Impact Factor Analysis

5.1 Micro Economic Factors

5.1.1 Traction Motor Specific Cost Trend

5.2 Macro Economic Factors

5.2.1 Increasing Adoption of Electric Vehicles

5.3 Porter's Five Forces Model

6 Market Development Analysis

6.1 Overview

6.2 New Product Development/Launch (2015-2021)

6.3 Agreements, Partnership & Collaborations (2015-2021)

6.4 Mergers and Acquisitions (2015-2021)

7 Electric Traction Motor Market, by Type

7.1 Introduction

7.2 Ac

7.2.1 Asynchronous Ac

7.2.2 Synchronous Ac Permanent Magnet Synchronous Ac Motors

7.3 Dc

8 Electric Traction Motor Market, by Power Rating

8.1 Introduction

8.2 < 200Kw

8.3 200Kw to 400Kw

8.4 >400Kw

9 Electric Traction Motor Market, by Application

9.1 Introduction

9.2 Railway (Electric & Diesel)

9.2.1 Locomotive

9.2.2 Metros

9.2.3 Monorails

9.2.4 Trams

9.2.5 Electric Multiple Unit (Emu)

9.2.6 Diesel Multiple Unit (Dmu)

9.2.7 Xmu (Exchange Multiple Unit)

9.3 Buses

9.3.1 E-Buses

9.3.2 Trolley Buses

10 Electric Traction Motor Market, Regional Analysis

11 Company Profile

12 Appendix

For more information about this report visit

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