Press release
Traction Motors Market: Analysis and Forecast by Future Market Insights 2015 - 2025
Traction motors have been a significant component in various electrical and industrial devices such as elevators, escalators and locomotives. The rising trend of incorporating automation to every mechanical operation has propelled the importance of traction motors. The application of traction motors in consumer appliances such as washing machines will continue to fuel the demand in the global market. Additionally, the need for traction motors will remain for decades, owing to the motors’ rotational properties that provide the required torque in engines and machines. Also, the developments in hybrid technology of the combustion engines will integrate traction motors for higher efficiency. The growing demand for vehicles that commute on land, in air and on water will also register the growth in the adoption of traction motors in the global market.
Dynamics of Global Traction Motors Market
The key driver of the global market for traction motors is the extensive application in the automotive and machinery sector. Besides this, the growth of global traction motors is also influenced by factors such as,
Request For Report Sample@ https://www.futuremarketinsights.com/reports/sample/rep-gb-590
Rising demand for efficient power conversion
Under normal conditions, traction motors are efficient in converting a majority of the electrical power into mechanical energy, which assists the locomotive operations such as dynamic braking.
Increasing electrification of automobiles
The demand for electric vehicles (EV) has gained considerable traction in the automotive industry. As a result, there is a subsequent upsurge in the demand for EV traction motors.
Varying emission standards
Technological developments owing to the changing emission regulations has generated the demand for engines with reduce emissions. This is steering the demand for more enhanced and fuel-efficient traction motors in the global market.
The only constraints reshaping the dynamics of the market include the operational glitches of traction motors. The overheating of traction motors is one of the major restraints hampering the growth of the global market. The insulation breakdown and the commutation malfunctions are also observed as the factors limiting the adoption of traction motors.
Market Segmentation & Regional Overview
The global market for traction motors is segmented on the basis of the applications and the end-users. On the basis of application, the market can be segmented into,
Transportation
Industrial machinery and equipment
Others
On the basis of end-users, the global traction motors market can be segmented into,
Hybrid vehicles
Compact construction equipment
Escalators
Elevators
Other (Washing machines, Electric Aircraft, etc.)
Among the regional segmentation of the global market, Asia Pacific is expected to witness higher production of traction motors, owing to the booming automobile sales in countries such as China, Japan and South Korea. The rising industrialisation in North America is anticipated to promote the use of traction motors in several manufacturing machinery. Also, the advancements incorporated with traction motor technology are also predicted to boost the demand in European countries such as United Kingdom.
Leading Industrial Contributors
Expanding the product portfolio by enhancing the existing range of traction motors will be observed as the key strategy by manufacturers. Aisin, ABB, Alstom, General Electric, Continental, Mitsubishi, Magna International, and Toshiba, among others can be regarded as the leading companies in the global market for traction motors.
Visit For TOC@ https://www.futuremarketinsights.com/toc/rep-gb-590
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, types and applications.
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: http.futuremarketinsights.com
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 Traction Motors Market: Analysis and Forecast by Future Market Insights 2015 - 2025 here
News-ID: 921650 • Views: …
More Releases from Future Market Insights
Tumor Profiling Market Size and Share Forecast Outlook From 2025 to 2035
The Tumor Profiling Market is entering a transformative decade, driven by precision oncology, liquid biopsy advancements, advanced sequencing technologies, and growing demand for personalized cancer treatment. As leading companies like Thermo Fisher Scientific, Illumina, F. Hoffmann-La Roche AG, Bio-Rad Laboratories, and Agilent Technologies strengthen their product portfolios, the tumor profiling market is expected to witness sustained adoption across diagnostic laboratories, clinics, and hospitals.
"Explore trends before investing - request a sample…
Personalization Lead the Prescription Lens Market Share Analysis Growth Path
The global Prescription Lens Market Share Analysis is entering a pivotal growth phase as aging populations, digital lifestyles, and advanced vision-care technologies reshape consumer needs. The market is projected to grow at a 3.7% CAGR and reach USD 62,666.2 million by 2035. As demand continues accelerating, leading brands are refining their strategies to serve evolving optical expectations.
"Explore trends before investing - request a sample report today!"
https://www.futuremarketinsights.com/reports/sample/rep-gb-20711
Market Momentum: What Is Powering…
Peptide Microarray Market Growth Outlook to 2035: Innovation, Strategy, and Mark …
The Peptide Microarray Market is entering a transformative phase driven by technology advancements, rising investment in proteomics, and expanding applications across diagnostics and drug discovery. According to projections, the peptide microarray market is set to reach USD 903.8 million by 2025, progressing steadily at a CAGR of 3.8% through 2035. Precision tools, proteomics infrastructure growth, and innovation in peptide profiling platforms continue to reshape the future of global healthcare innovation.
Explore…
Japan Cold Laser Therapy Market Size and Share Forecast Outlook From 2025 to 203 …
The Japan Cold Laser Therapy Market is set for steady expansion as healthcare providers, manufacturers, and end users shift toward advanced non-invasive treatment technologies. The (Japan Cold Laser Therapy Market) is projected to rise from USD 7.2 million in 2025 to USD 12.0 million by 2035, reflecting a CAGR of 5.2%. Cold laser therapy is gaining recognition due to its ability to reduce inflammation, promote healing, and alleviate pain-without requiring…
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…
