Press release
Electric Traction Motor Market Growing Steadily At 12.3% CAGR, Surging Towards US$ 48.50 Billion Valuation By 2034
Electric Traction Motor Market
๐๐๐ซ๐ค๐๐ญ ๐๐๐๐ข๐ง๐ข๐ญ๐ข๐จ๐ง:
An electric traction motor refers to an electric motor employed to propel vehicles like electric cars, trains, or trams by transforming electrical energy into mechanical power. It delivers the required torque and speed to move the vehicle ahead. These engines are very efficient, generate lower emissions than internal combustion engines, and are frequently powered by batteries or overhead cables. Electric traction motors play a vital role in advancing towards more sustainable transport systems.
๐๐๐ญ ๐๐ฑ๐๐ฅ๐ฎ๐ฌ๐ข๐ฏ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ ๐๐ฌ ๐จ๐ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ:
https://www.polarismarketresearch.com/industry-analysis/electric-traction-motor-market/request-for-sample
๐๐ซ๐ข๐ฏ๐๐ซ๐ฌ ๐๐ง๐ ๐๐ซ๐๐ง๐๐ฌ:
โข Growing concerns regarding environmental safety are fueling a higher demand for eco-friendly, zero-emission vehicles, which greatly aids in the market's growth.
โข The electric traction motor market is expanding substantially, fueled by the adoption of advanced technology, including advanced motor control algorithms. Technological advancements improve vehicle performance, including smoother operation and rapid acceleration.
๐๐จ๐ฉ ๐๐จ๐ฆ๐ฉ๐๐ง๐ข๐๐ฌ:
Intense competition in the market requires top companies to rely on advanced technology, high-quality products, and a strong brand image to boost sales. Here are the top companies in the market:
โข Bosch Limited
โข CG Power and Industrial solutions Ltd.
โข Delta Engineering Works
โข Denso Corporation
โข General Electric Company
โข Hitachi Ltd.
โข Johnson Electric
โข Kirloskar Electric Co.Ltd.
โข NIDEC Corp.
โข Siemens AG
โข Traktionssysteme Austria
โข Vem Group
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐ข๐ฌ๐๐จ๐ฎ๐ง๐ญ ๐จ๐ง ๐ญ๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ซ๐๐ก๐๐ฌ๐:
https://www.polarismarketresearch.com/industry-analysis/electric-traction-motor-market/request-for-discount-pricing
๐๐ฅ๐๐๐ญ๐ซ๐ข๐ ๐๐ซ๐๐๐ญ๐ข๐จ๐ง ๐๐จ๐ญ๐จ๐ซ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ:
โข By product type analysis, the DC motor segment is expected to dominate the market due to advanced features, wide availability, and low maintenance expenditures.
โข Based on power ratings analysis, the 200-400 kW power rating segment is expected to dominate the market due to its applications in various sectors such as railways and others.
โข The electric traction motor market in Asia Pacific is experiencing significant growth due to the rapidly growing automotive sector. Electric traction motors are widely used in the manufacturing of electric vehicles across the region.
๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐จ๐ฉ๐:
This comprehensive study provides an accurate overview of the worldwide electric traction motor market.
Comprehensive analyses of sales volume, price, revenue, market share, and important companies are included. The market is further divided into segments by product, material, application, end-user, and region in the study, which offers a comprehensive picture of the state of the market.
๐๐๐ ๐ฆ๐๐ง๐ญ๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
By Product Type Outlook (Revenue - USD Billion, 2020-2034)
โข DC Traction Motor
โข AC Traction Motor
By Application Outlook (Revenue - USD Billion, 2020-2034)
โข Railways
โข Electric Vehicles
โข Conveyors
โข Industrial Machinery
By Power Ratings Outlook (Revenue - USD Billion, 2020-2034)
โข Below 200 KW
โข 200-400 KW
โข Above 400 kW
๐๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ ๐๐ก๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐จ๐ฆ๐ฉ๐ซ๐๐ก๐๐ง๐ฌ๐ข๐ฏ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐๐ซ๐:
https://www.polarismarketresearch.com/industry-analysis/electric-traction-motor-market
๐๐จ๐ฎ๐ง๐ญ๐ซ๐ฒ-๐๐ข๐ฌ๐ ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ:
According to regional analysis, Asia Pacific is expected to lead the global market because of the increased need for transportation connections, such as railways and cars.
Also, Europe is anticipated to register the fastest CAGR from 2025 to 2034 owing to heightened industrialization, which has resulted in a rise in the manufacturing of industrial tools and machinery.
โข North America (U.S., Canada)
โข Europe (France, Germany, UK, Italy, Netherlands, Spain, Russia)
โข Asia Pacific (Japan, China, India, Malaysia, Indonesia. South Korea)
โข Latin America (Brazil, Mexico, Argentina)
โข Middle East & Africa (Saudi Arabia, UAE, Israel, South Africa)
๐๐จ๐ซ๐ ๐๐ซ๐๐ง๐๐ข๐ง๐ ๐๐๐ญ๐๐ฌ๐ญ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ ๐๐ฒ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก:
Energy Harvesting Equipment Market:
https://www.polarismarketresearch.com/industry-analysis/energy-harvesting-equipment-market
Laminated Busbar Market:
https://www.polarismarketresearch.com/industry-analysis/laminated-busbar-market
Solar Panels Market:
https://www.polarismarketresearch.com/industry-analysis/solar-panels-market
Temporary Power Market:
https://www.polarismarketresearch.com/industry-analysis/temporary-power-market
๐๐จ๐ง๐ญ๐๐๐ญ:
๐๐ข๐ค๐ก๐ข๐ฅ ๐
8 The Green Ste 19824,
Dover, DE 19901,
United States
Phone: +1-929 297-9727
Email: sales@polarismarketresearch.com
Web: https://www.polarismarketresearch.com
Follow Us: LinkedIn | Twitter
๐๐๐จ๐ฎ๐ญ ๐๐จ๐ฅ๐๐ซ๐ข๐ฌ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ฌ๐๐๐ซ๐๐ก & ๐๐จ๐ง๐ฌ๐ฎ๐ฅ๐ญ๐ข๐ง๐ , ๐๐ง๐:
Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for PMR's clientele spread across different enterprises. We at Polaris are obliged to serve PMR's diverse customer base present across the industries of healthcare, technology, semiconductors, and chemicals among various other industries present around the world. We strive to provide PMR's customers with updated information on innovative technologies, high-growth markets, emerging business environments, and the latest business-centric applications, thereby helping them always to make informed decisions and leverage new opportunities. Adept with a highly competent, experienced, and extremely qualified team of experts comprising SMEs, analysts, and consultants, we at Polaris endeavor to deliver value-added business solutions to PMR's customers.
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 Electric Traction Motor Market Growing Steadily At 12.3% CAGR, Surging Towards US$ 48.50 Billion Valuation By 2034 here
News-ID: 3799618 • Views: โฆ
More Releases from Polaris Market Research & Consulting
Granite Market Projected to Reach USD 6.63 Billion by 2034, Growing at a CAGR of โฆ
Polaris Market Research has released new insights into the Granite market, highlighting key developments, evolving trends, and growth prospects across major regions and segments. The report delivers an in-depth analysis of market dynamics, competitive shifts, and strategic outlooks to support informed decision-making for businesses and investors.
Market at a Glance
In 2024, the market was valued at USD 3.99 billion and is anticipated to grow to USD 6.63 Billion by 2034. Itโฆ
Molecular Diagnostics for Sexually Transmitted Diseases Market to Reach USD 7.85 โฆ
Polaris Market Research announces the release of its latest study on the Molecular Diagnostics For Sexually Transmitted Diseases market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 3.82 billion in 2024 and is expected toโฆ
Higher Alpha Olefins Market Projected to Hit USD 20.01 Billion by 2034, Expandin โฆ
Polaris Market Research announces the release of its latest study on the Higher Alpha Olefins market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 10.39 billion in 2024 and is expected to reach 20.01 billionโฆ
Direct Oral Anticoagulants (DOACs) Device Market to Reach USD 64.83 Billion by 2 โฆ
Polaris Market Research announces the release of its latest study on the Direct Oral Anticoagulants (DOACs) Device market. It offers comprehensive insights into all the key market aspects, including industry trends, market dynamics, competitive landscape, and strategic developments. The report is designed to help stakeholders make strategic decisions in the rapidly evolving market landscape.
According to the findings, the market stood at 31.67 billion in 2024 and is expected to reachโฆ
More Releases for Electric
Electrical Isolators Market 2023: Mitsubishi Electric, Orient Electric, Schneide โฆ
The Electrical Isolators Market size (volume and value) and industry chain structure published by The Insight Partners through its high quality database which is a valuable source of guidance and direction for companies and individual interested in the industry.
An electrical isolator is a material in which electric current does not flow freely. The atoms of the insulator have tightly bound electrons which cannot readily move. Other materials, semiconductors and conductorsโฆ
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive โฆ
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Clickโฆ
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea โฆ
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current marketโฆ
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E โฆ
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunitiesโฆ
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 โฆ
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawaโฆ
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, โฆ
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are inโฆ
