Press release
Global Electric Traction Motor Market Insights and Forecast to 2028
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https://reports.valuates.com/market-reports/QYRE-Auto-24G2037/global-electric-traction-motor
Major factors that are expected to drive the electric traction motor market size are increased demand for high-performance motors, favorable government policies, subsidies, and the rise in investments in the railway sector are expected to drive the electric traction motor market during the forecast period.
This report focuses on Electric Traction Motor volume and value at the global, regional, and company levels. This report represents the overall Electric Traction Motor market size from a global perspective by analyzing historical data and future prospects. Regionally, this report focuses on several key regions: North America, Europe, Japan, China, Southeast Asia, India, etc.
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TRENDS INFLUENCING THE ELECTRIC TRACTION MOTOR MARKET SIZE
Increased investment in the railway sector and a range of supportive government subsidies and regulations are factors driving the growth of the electric traction motor market size. Furthermore, increasing focus on high-speed rail, followed by the expanding metro rail networks across cities, are expected to increase the electric traction motor market size.
The implementation of the electric traction motor offers exceptional advantages, such as increased efficiency, the ability to reduce the use of electricity, and requires minimum maintenance. These factors are further expected to increase the growth of the electric traction motor market size.
Segment by Type
AC
DC
Segment by Application
Railway
Electric Vehicles
Others (Elevators, conveyors, and industrial machinery)
BY COMPANY
Benchmarking
Crrc
Alstom
Traktionssysteme AustriA
Siemens
ABB
BoscH
CG Power
General Electric (GE)
NIDEc
Skoda Electric
ToshibA
Weg Sa
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
SIMILAR REPORT
https://reports.valuates.com/market-reports/QYRE-Auto-25R2338/covid-19-impact-on-global-ev-traction-motor
https://reports.valuates.com/market-reports/QYRE-Auto-0S2600/global-ac-traction-motor
https://reports.valuates.com/reports/ALLI-Manu-3W81/electric-vehicle-motor
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