Press release
Electric Traction Motor Market to reach USD 68.60 Bn by 2029, emerging at a CAGR of 19.39 percent and forecast (2022-2029)
Electric Traction Motor Market
The electric traction motor market is experiencing significant growth, particularly in countries such as India, Australia, and South Korea. These nations have witnessed a surge in railway project investments, specifically related to high-speed rail and metro trains. However, the fluctuating prices of raw materials like copper and aluminum are expected to limit the growth of the electric traction motor market.
Our comprehensive report provides insightful analysis, historical data, industry-validated market data, and projections with a meticulous set of traditions and methodology. The research report aims to present a clear understanding of the global electric traction motor market dynamics, structure, and trends by analyzing market segments based on material, type, end-user, and region.
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What are Electric Traction Motor Market Dynamics?
The innovation of passenger railcars is expected to gain momentum due to the increasing focus of rolling stock manufacturers, railroad companies, and government authorities on finding solutions for the steady increase in railway traffic worldwide. Furthermore, the growing power consumption of vehicles to sustain air conditioners is likely to drive the demand for electric traction systems. However, the market growth may be hindered by the fluctuating prices of raw materials.
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What is Electric Traction Motor Market Segmentation?
by Power Rating
• 400 kW
by Type
• AC
• DC
by Application
• Railway
• Electric Vehicle
• Elevators
• Conveyors
• Industrial Machinery
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Who are Electric Traction Motor Market Key Players?
• Schneider Electric SE
• The Curtiss-Wright Corporation
• Prodrive Technologies
• Toshiba Corporation
• General Electric Co.
• CG Power and Industrial Solutions Ltd.
• Aisin
• ABB, Ltd.
• Alstom S.A.
• Siemens AG
• Delphi Automotive LLP
• Voith GmbH
• Mitsubishi Electric Corporation
• Bombardier Inc.
• American Traction Systems
• VEM Group
• Caterpillar Inc.
• TTM Rail - Transtech Melbourne Pty Ltd.
• Kawasaki Heavy Industries Ltd.
• Traktionssysteme Austria GmbH
• Hyundai Rotem Company
• Hitachi, Ltd.
• Ansaldo Signalling
• Magna International
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Table of content for the Electric Traction Motor Market includes:
1. Global Electric Traction Motor Market: Research Methodology
2. Global Electric Traction Motor Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3. Global Electric Traction Motor Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
4. Global Electric Traction Motor Market Segmentation
• Global Market, by Power Rating (2021-2029)
• Global Market, by Type (2021-2029)
• Global Market, by Application (2021-2029)
5. Regional Electric Traction Motor Market (2021-2029)
• Regional Market, by Power Rating (2021-2029)
• Regional Market, by Type (2021-2029)
• Regional Market, by Application (2021-2029)
• Regional Market, by Country (2021-2029)
6. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report @ https://www.maximizemarketresearch.com/market-report/global-electric-traction-motor-market/25357/
Regional Insights:
The Asia Pacific region is anticipated to lead the global electric traction systems market, maintaining its dominance during the forecast period. The region is witnessing significant developments in transportation infrastructure, including railway connections, hybrid electric vehicles, high-speed bullet trains, and metro rail systems. Additionally, the demand for rolling stock for narrow gauge and industrial railways, such as diesel-electric, hybrid, and electric locomotives, is expected to contribute to the positive development of the electric traction systems market.
Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by Product
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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