Global Electric Traction Motor Market is expected to thrive at a CAGR of above 17% during the period of 2017-25 with Major Market Players including Siemens, NIDEC, Bosch, Alstom, Crrc, ABB, Skoda Electric, and more

Ricerca Alfa offers a recently published research report on the Electric Traction Motor market that gives in-depth analysis about the key factors that are affecting the market. It also provides key quantitative as well as qualitative market information that helps customers in finding factors that are contributing to the market growth worldwide. According to this research report, Electric Traction Motor market was valued at approximately US$ 7.9 billion in 2016 and expected to grow at a CAGR of above 17% during the forecasting period 2017-25. The report presents details about the methodology and assumptions considered to evaluate and forecast the market size and growth rate (%). A 180 pages report contains information pertaining to the important Electric Traction Motor market insight including competitive analysis, on-going industry trend, market sizing, and company profiles of the key players from the Electric Traction Motor market. The report exhibits various factors driving the growth of the Electric Traction Motor Market including continuously growing demand from the railway sector, reduction in the dependency on the foreign oil, rinsing trend towards the electric vehicles, and significant support of the government around the world. Further, it also gives vital information pertaining to the factors that can restrain the growth of the Electric Traction Motor market along with the many market opportunities.

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The report provides a detailed industry analysis by providing Porter’s five forces analysis model along with the industry value chain analysis. Further, the Electric Traction Motor market also provides PEST analysis that provides effects of the external factors (i.e. political, economic, social, and technological) on the Electric Traction Motor market. Significant players that are profiled in this research report such as Siemens, NIDEC, Bosch, Alstom, Crrc, ABB, Skoda Electric, GE, CG Power, and Traktionssyseme Austria among others. Key details included in the company profiles are product information, current development, and company financials. The detailed analysis of the key market players gives the information regarding the overall market competitive scenario and product offering of these key market players. Countries that are considered under the Electric Traction Motor market study are the U.S., Canada, France, the UK, China, Japan, India, Brazil, and Mexico among others.

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The Electric Traction Motor market is segmented on the basis of power rating, type, application, and region. Based on the power rating, the market is classified into 400 KW. Based on the type, the market is classified into DC and AC traction motors. Moreover, based on the application, the market is classified into electric vehicles, railways, and others. Further, electric vehicles are sub-segmented as the battery, hybrid, fuel cells, and plug-in electric vehicles. Railways are sub-segmented as locomotives, railroad cars, and rapid-transit vehicles. Additionally, on the basis of region, the Electric Traction Motor market is segmented into North America, Asia Pacific, Europe, Latin America, and Rest of the World. The report provides in-depth regional analysis by considering key countries from these regions.

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