Press release
Electric Traction Motor Market to 2026, Future Outlook, COVID-19 Impact Analysis, Forecast 2021-2027
The electric traction motor market is expected to grow at an annual average of 20% from 2020 to 2025, reaching $14.2 billion in 2020 to $36.6 billion in 2025. Growing demand for high-performance motors, favorable government policies and subsidies, and increased investment in the railway sector are expected to drive the electric traction motor market during the forecast period.A full report of Electric Traction Motor Market is available at: https://www.orionmarketreports.com/electric-traction-motor-market/20472/
Key Market Players
The key players in the market include ABB Ltd, Siemens AG, General Electric Company, Kirloskar Electric Company Ltd, CG Power and Industrial Solutions Ltd, CRRC Corporation Limited, Alstom SA, Traktionssysteme Austria (TSA) GmbH, Skoda Transportation AS, and Robert Bosch GmbH.
Electric Traction Motor Market Segmentations
By Type
• AC
• DC
By Power Rating
• Below 200 kW
• 200-400 kW
• Above 400 kW
By Application
• Railways
• Electric Vehicle
• Others
Reasons to Buying From us –
• We cover more than 15 major industries, further segmented into more than 90 sectors.
• More than 120 countries are for analysis.
• Over 100+ paid data sources mined for investigation.
• Our expert research analysts answer all your questions before and after purchasing your report.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Electric Traction Motor Market Report
• What was the Electric Traction Motor Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Electric Traction Motor Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Electric Traction Motor Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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