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Locomotive Traction Motors Market: Key Competitors, SWOT Analysis, Business opportunities, Trend Analysis
Locomotive Traction Motors Market research report studies with many aspects of the industry like the market size, market status, market trends, and next 5 years, the report also provides in depth analysis of the competitors and the specific growth opportunities with key market drivers. The report incorporates top major key player's analysis along with proceeds stream, CAGR status, SWOT and PESTLE analysis growth status in each geographical region. The study is a perfect combination of qualitative and quantitative Market data collected through primary and secondary sources. The report aims to provide an additional illustration of the latest scenario, and COVID-19 impact on the overall industry. The report goes on to talk about the dominant aspects of the market and examine each segment.The Global Locomotive Traction Motors market is growing at a CAGR of 4.4% for the forecast period of 2022 to 2028.
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Locomotive Traction Motors Market gives the markets outlook by giving authentic data to its client which helps to make essential decisions. It gives an overview of the market which includes its definition, applications and developments, and manufacturing technology. This market research report tracks all the recent developments and innovations in the market
Major Market Players Profiled in the Report include:
ABB, GE, ALSTOM, Siemens, Toshiba, Hyundai Rotem, Traktionssysteme Austria, Skoda, Rotomac Electricals, Bombardier, CLW, Saini, VEM Sachsenwerk, Progress Rail Services, CRRC, XEMC, Zibo Electric Traction
Recent development:
ABB has acquired 40 companies, including 7 in the last 5 years. A total of 12 acquisitions came from private equity firms. It has also divested 8 assets.
ABB's largest acquisition to date was in 2010, when it acquired Baldor Electric for $4.2B. It's largest disclosed sale occurred in 2021, when it sold ABB - DODGE Mechanical Power Transmission Business to RBC Bearings for $2.9B. ABB has acquired in 8 different US states, and 16 countries. The Company's most targeted sectors include electrical equipment (37%) and technology hardware (17%).
By the product type, the market is primarily split into:
Induction Traction Motor
Permanent-magnet Synchronous Traction Motor
By the application, this report covers the following segments:
Electric Locomotives
High-speed Train
Others
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Locomotive Traction Motors Market by Geography
North America includes the United States, Canada, and Mexico
Europe includes Germany, France, UK, Italy, Spain
South America includes Colombia, Argentina, Nigeria, and Chile
The Asia Pacific includes Japan, China, Korea, India, Saudi Arabia, and Southeast Asia
Detailed Table Of Content of 2022-2028 Locomotive Traction Motors Market Research Report:
Chapter 1: Locomotive Traction Motors Market Overview
Chapter 2: Global Locomotive Traction Motors Market Landscape by Player
Chapter 3: Market Upstream and Downstream Analysis
Chapter 4: Locomotive Traction Motors Manufacturing Cost Analysis
Chapter 5: Market Dynamics
Chapter 6: Players Profiles
Chapter 7: Market Sales and Revenue Region Wise (2022-2028)
Chapter 8: Market Sales, Revenue (Revenue), Price Trend by Type
Chapter 9: Global Market Forecast (2022-2028)
Chapter 10: Global Market Analysis by Application
Chapter 11: Research Findings and Conclusion
Chapter 12: Appendix
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Russia-Ukraine War Impact 2022:
Economic Sanctions Imposed by the United States & its Allies on the Russian Federation Negatively Affected the market The economic sanctions imposed by the U.S. and its allies on the Russian Federation are expected to affect this industry's growth. Furthermore, the war negatively affected the global industries leading to import and export flow disruptions. The dominance of Russia and Roscosmos, a quasi-civilian space agency in the commercial space, affected alternative launch service providers in India, Japan, Europe, and the U.S. These factors negatively affected the market during the war.
Some Key Questions Answered in this Report are
What is the size of the Market in 2022, and how much will it be worth by 2028?
What is the current global market scenario for Locomotive Traction Motors Market?
What are the best business strategies for maximizing growth potential?
What are the recent Locomotive Traction Motors Market trends?
What is the market share in terms of Market revenue, sales, and size in specific geographical regions?
Who are the key industry players in the Market?
Which Market segment is in high demand?
Conclusion: At the end of the Market report, all the findings and estimations are given. It also includes major drivers and opportunities along with regional analysis. The segment analysis is also provided in terms of type and application.
Customization services available with the report:
15% free customization.
Five Countries can be added as per your choice.
Five Companies can add as per your choice.
Free customization up to 40 hours.
post-sales support for 1 year from the date of delivery.
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Irfan Tamboli (Head of Sales) - MARKET INTELLIGENCE DATA
Phone: +1 (704)266-3234
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