Press release
Global Electric Traction Motor Market Demand Analysis By Top Key Players Like Siemens (Germany), General Electric, Alstom (France), WEG (Brazil), BOSCH (Germany), Toshiba, Traktionssysteme Austria and CG Power
Electric Traction Motor
The Electric Traction Motor market is expected to reach USD 31.5 billion by 2026 at a CAGR of 16.7%.
Global Electric Traction Motor market competition by top manufacturers, with production, price, revenue (value) and market share for each manufacturer:
Siemens (Germany), General Electric, Alstom (France), WEG (Brazil), BOSCH (Germany), Toshiba, Traktionssysteme Austria and CG Power.
Get Sample Copy of this Report at @ https://www.polarismarketresearch.com/industry-analysis/electric-traction-motor-market/request-for-free-sample
The report provides an extensive qualitative and quantitative analysis of the market trends and growth prospects of the Global Electric Traction Motors Market, 2017-2026. This report comprises a detailed geographic distribution of the market across North America, Europe, APAC and South America, and MEA. North America is further segmented into U.S., Canada. Europe is divided into Germany, UK, Italy, and Rest of Europe. Asia-Pacific is bifurcated into China, India, Japan, and Rest of Asia-Pacific.
Competitive Landscape
Asia Pacific region is the fastest growing regional market in terms of consumption of these products. China, Japan, South Korea and India are the major manufacturers and even the consumers in the region. China’s current plans to increase intercity rail networks , possibly reaching 93,000 miles by 2020, along with mushrooming subway and light rail lines, the country is anticipated to account for over half of the global rail equipment expenditures in the next five years. Around 70 – 90 percent of the rail equipments are to be manufactured domestically as per the current plans. Such significant investment space provides the electric traction manufacturing industry to develop and grow to its potential.
Complete Report is Available at @ https://www.polarismarketresearch.com/industry-analysis/electric-traction-motor-market/
Western Europe has been the dominant region for the last decade, however the regional market has lost significant part of its market to the developing Asia Pacific market. Germany has been the leading manufacturing market followed by Spain. The country is an emerging rail power industry, and has been maintaining the country’s biggest high-speed railway construction project which is the largest in Europe.
About Polaris Market Research
Polaris Market Research is a global market research and consulting company. We provide unmatched quality of offerings to our clients present globally. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises. We at Polaris are obliged to serve our diverse customer base present across the industries of healthcare, technology, semi-conductors and chemicals among various other industries present around the world. We strive to provide our customers with updated information on innovative technologies, high growth markets, emerging business environments and latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities.
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Mr. Neel
Corporate Sales, USA
Polaris Market Research
Phone: 1-646-568-9980
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