Press release
Electric Traction Motor Market to Boom In Near Future By 2027: ABB, Skoda Electric, Toshiba, General Electric, and Weg SA, Bosch, CG Power, TSA, Alstom, and NIDEC
Propulsion of vehicle where the driving force is derived from various devices such as steam engine drives, electric motors, diesel engine drives etc. is referred to as a traction system. These electric traction systems are highly efficient, are quick to start, easy-to-handle, and pollution-free. Growing advancements of electrical drives for the traction systems, electrification is being commonly used for different applications and services.Electric Traction Motor Market to 2027 - Global Analysis and Forecasts by Power Rating (400 kW); and Application (Railway, Electric Vehicles, Industrial Machinery, Conveyors, and Elevators)
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The "Global Electric Traction Motor Market Analysis to 2027" is a specialized and in-depth study of the electric traction motor market with a focus on the global market trend. The report aims to provide an overview of global electric traction motor market with detailed market segmentation by power rating, application, and geography. The global electric traction motor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the market.
The List of Companies
1. ABB Ltd.
2. Skoda Electric
3. Toshiba Corporation
4. General Electric
5. Weg SA
6. Bosch Limited
7. CG Power
8. TSA
9. Alstom
10. NIDEC Corporation
Rising environmental regulations hovering around the carbon emissions, and increased demands for enhanced power productivity have driven the demands for electric traction motor in recent years. Uncertainty of the raw material prices with electric traction motor is hindering the growth of the electric traction motor market in recent times. Enhanced focus laid down by automakers on the development of electric vehicles is providing huge opportunities for the electric traction motor market players during the forecast period.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electric traction motor market based on power rating, and application. It also provides market size and forecast till 2027 for the overall electric traction motor market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM).
The electric traction motor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 16 countries globally along with the current trend and opportunities prevailing in the region.
Besides this, the report analyzes factors affecting market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the electric traction motor market in these regions.
Also, key electric traction motor market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, the key developments in the past five years.
Table of Content: -
1 INTRODUCTION
1.1 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
2 KEY TAKEAWAYS
3 ELECTRIC TRACTION MOTOR MARKET LANDSCAPE
3.1 OVERVIEW
3.2 MARKET SEGMENTATION
3.2.1 Electric Traction Motor Market - By Power Rating
3.2.2 Electric Traction Motor Market - By Application
3.2.3 Electric Traction Motor Market - By Region
3.2.3.1 By Countries
3.2.4 PEST Analysis
3.2.4.1 North America - PEST Analysis
3.2.4.2 Europe - PEST Analysis
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Reason to Buy
• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Electric Traction Motor Market
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in Electric Traction Motor Market, thereby allowing players to develop effective long term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
Contact info:
Contact Us: Call: +1-646-491-9876
Email:sales@theinsightpartners.com
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