Press release
Expanding EV Adoption to Drive Traction Motor Market Growth Worldwide
TRACTION MOTOR MARKET
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market, by assessing major geographies, and is a valuable asset for the existing players, new entrants, and future investors. The study presents a detailed market analysis, with inputs derived from industry professionals across the value chain.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/traction-motor-market/#report-summary?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
The United States traction motor market growth is expected to evolve with a CAGR of 13.47%, over the forecast period, 2021-2025.
Here's a link to our Country Report Summary: https://inkwoodresearch.com/reports/united-states-traction-motor-market/#report-summary
Global Traction Motor Market Scenario
Traction motors are used to propel vehicles, and elevators and railroads are the two main applications for them. In addition, advances in technology have increased their prominence in industrial and electric vehicles to power their motion. The development of the railway sector, the increasing need for low-emission technology, and the growing popularity of electric vehicles are the main factors propelling the expansion of the global market for traction motors. Furthermore, a number of benefits like minimal maintenance costs, small design, and power economy are driving the market's developments. Conversely, significant finance needs and volatile raw material prices are major obstacles to the market's expansion.
The Global Traction Motor Market report provides data tables and includes charts and graphs for visual analysis.
Request Free Sample Report for Global Traction Motor Market by Type, Power Rating, Application & by Geography: https://www.inkwoodresearch.com/reports/traction-motor-market/#request-free-sample
Market Segmentation
Market by Type
• DC Traction Motor
• AC Traction Motor
• Synchronous Motor
Market by Application
• Industrial Vehicles
• Electric Vehicles
• Railways
• Others
Market by Power Rating
• Less Than 200kw
• 200-400 Kw
• More Than 400kw
Request for Customization: https://inkwoodresearch.com/request-for-custom-report/
Report Highlights
- The report provides a detailed analysis of the current and future market trends, to identify the investment opportunities
- Market forecasts till 2028, using estimated market values as the base numbers
- Key market trends across the business segments, regions and countries
- Key developments and strategies observed in the market
- Market dynamics such as drivers, restraints, opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2028
Companies Profiled
• ALSTOM
• ŠKODA TRANSPORTATION
• HYUNDAI ROTEM COMPANY
• WABTEC CORPORATION
• MITSUBISHI ELECTRIC CORPORATION
• ABB LTD
• KAWASAKI
• CRRC
• HITACHI LTD
• AMETEK
• CG POWER AND INDUSTRIAL SOLUTIONS
• TOSHIBA INTERNATIONAL CORPORATION
• SIEMENS
• EATON
• AMERICAN TRACTION SYSTEMS
Related Reports
GLOBAL INDUCTION MOTORS MARKET - https://inkwoodresearch.com/reports/induction-motors-market/
Global induction motor market is expected to rise at a CAGR of xx% during the forecast period, 2023-2032.
GLOBAL ELECTRIC MOTOR MARKET - https://inkwoodresearch.com/reports/electric-motor-market/
Global electric motor market is estimated to grow at 6.08% of CAGR between 2019 and 2027.
Inkwood Research
169, Harrison Avenue
Boston, MA 02111
Tel: 1-(857)293-0150
Email: sales@inkwoodresearch.com
Website: www.inkwoodresearch.com
We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Expanding EV Adoption to Drive Traction Motor Market Growth Worldwide here
News-ID: 3384229 • Views: …
More Releases from Inkwood Research
United States Wood Coatings Market Analysis 2024-2032
Inkwood Research states that the United States Wood Coatings Market is expected to achieve a compound annual growth rate (CAGR) of 5.02% during the forecast period of 2024-2032, with projected revenues reaching $xx million by 2032.
This growth is driven by a combination of factors, including increasing construction activities, rising consumer preference for aesthetically appealing wood products, and advancements in coating technologies.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/united-states-wood-coatings-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
Prominent companies in the…
Rising Uptake of Industry 4.0 to Amp Motion Control Market Growth
As per a new market research report launched by Inkwood Research, the Global Motion Control Market is predicted to reach $26041.29 million by 2032, growing at a CAGR of 5.13% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/global-motion-control-market-forecast-2024-2032/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects…
Rise in Golf Tourism to Elevate Golf Cart Market Growth
As per a new market research report launched by Inkwood Research, the Global Golf Cart Market is expected to grow at a CAGR of 5.68% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/golf-cart-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all the aspects of this comprehensive market by…
Government Rules to Promote the Growth of the Electric Vehicle Power Inverter Ma …
As per a new market research report launched by Inkwood Research, the Global Electric Vehicle Power Inverter Market is expected to reach $34868.78 million by 2032, growing with a CAGR of 14.36% during the forecasting period, 2024-2032.
Refer to the Report Summary Here: https://inkwoodresearch.com/reports/electric-vehicle-power-inverter-market/?utm_source=PaidPRNew&utm_medium=OpenPR&utm_campaign=InkwoodPR
This insightful market research report by Inkwood Research focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. The report covers all…
More Releases for Traction
Global Traction Chains Market Growing Popularity & Emerging Trends | Pewag, Rud, …
The global Traction Chains Market size reached 317.64 USD Million in 2024. Looking forward, MarketsGlob expects the market to reach 451.72 USD Million by 2031, exhibiting a growth rate (CAGR) of 4.50% during 2025-2031
The global market research report for Traction Chains presents a thorough examination of the market environment. This includes a detailed evaluation of prominent industry leaders, pricing patterns, as well as the broader factors influencing the market, both…
Traction Inverters Market Size, Forecast 2031 by Key Companies- STMicroelectroni …
𝐔𝐒𝐀, 𝐍𝐞𝐰 𝐉𝐞𝐫𝐬𝐞𝐲: According to Verified Market Reports analysis, the global Traction Inverters Market size was valued at USD 14.8 Billion in 2023 and is projected to reach USD 45.7 Billion by 2031, growing at a CAGR of 17.9% during the forecasted period 2024 to 2031.
The Traction Inverters Market is witnessing substantial growth, driven by the rapid expansion of the electric vehicle (EV) industry and the global shift towards sustainable…
Railway Traction Inverter Market
Railway traction inverter works on a wide component for transforming an electric energy in a way that it gets converted into power and then eventually in motion. This inverter helps to minimize switching and conduction losses at low and high currents, which allow maximization of rail acceleration and driving range. It is used to convert kinetic energy into electric to charge the battery of the vehicle, which helps to replace…
Traction Motor Market Strong Extension In Revenue Continues | Hitachi, American …
Traction motors are AC or DC electric motors that provide power to drive locomotives. Further, these motors offer high durability and deliver robust performance, owing to high power and superior mechanical susceptibility of heavy payloads. . The traction motors require high power to deliver the torque required to move the wheels, resulting in compact designs, efficient power-to-weight rations, and efficient cooling of the traction motors.
Request To Download Sample of This…
Traction Chains Market Will See Strong Expansion Through 2028: Pewag, Rud, Peerl …
The market report delivers an all-inclusive analysis of the market structure along with a forecast of the various segments and sub-segments of the Traction Chains industry. This wide-ranging market research report acts as a backbone for the success of business in any niche. The Traction Chains market survey report has been prepared by conducting market research in a systematic manner. Moreover, the Traction Chains report includes a professional in-depth study…
Railway Traction Motor Market by Type (Direct Current Traction Motors, Alternati …
The global railway traction motor market was valued at $30.3 billion in 2016, and is estimated to reach $41.6 billion by 2025, growing at a CAGR of 3.8% from 2017 to 2025. Railway traction motor is a type of electric motor, which is used in electrically powered rail vehicles. The global railway traction motor market is expected to witness a significant growth in the future, owing to the technological advancements…
