Electric Traction Motor Market Share, Trends & Forecast 2034

Q: How big is the electric traction motor market?

The market is set to reach US$ 18.5 billion in 2024. Read Report

Q: What is the outlook for the electric traction motor market?

The market is set to reach US$ 91.1 billion in 2034. Read Report

Electric Traction Motor Market Outlook from 2024 to 2034

The global electric traction motor market is expected to rise from US$ 18.5 billion in 2024 to US$ 91.1 billion by 2034. From 2024 to 2034, the market is projected to surge at 17.3% CAGR.

Attributes	Key Insights
Estimated Global Electric Traction Motor Market Size (2024E)	US$ 18.5 billion
Projected Electric Traction Motor Market Value (2034F)	US$ 91.1 billion
Value-based CAGR (2024 to 2034)	17.3%

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Key Drivers in the Electric Traction Motor Market

Rising need for high-performance electric traction motors, encouraging laws & subsidies for electric cars, and growth in railway electrification projects are expected to drive the market.
Growing demand for sustainable transportation and electric vehicles is significantly propelling the electric traction motor market.
The high cost of fossil fuels and subsidies offered by governments to purchase electric vehicles are the key factors fueling market expansion.
Technological improvement achieves significant cost savings and is predicted to lower the price of electric vehicles during the forecast period, augmenting the electric traction motor market growth.
The market for electric traction motors is anticipated to rise through 2034 due to the collaboration of private organizations and different research & development facilities.

Semi-annual Market Update

Particular	Value CAGR
H1 (2023 to 2033)	17.8%
H2 (2023 to 2033)	16.7%
H1 (2024 to 2034)	17.9%
H2 (2024 to 2034)	16.8%

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2019 to 2023 Electric Traction Motor Market Growth Outlook Vs. 2024 to 2034

The global electric traction motor sales grew at a CAGR of 20.9% from 2019 to 2023. The growth of electric traction motors from 2019 to 2023 can be attributed to a convergence of factors:

Due to developments in electric motor technology, including efficiency, power output, and dependability, the electrification of trains, metros, and other mass transit systems became commonplace.
Since electric traction motors perform better than mechanical or hydraulic propulsion systems, they have become vital parts of electric locomotives, subway trains, and streetcars.
In several railway and transit applications, alternating current (AC) traction motors replaced direct current (DC) traction motors.
Due to its several benefits, including improved torque and speed control, regenerative braking, and increased efficiency, AC motors were widely used in electrified transportation systems.
Concerns over energy security, environmental pollution, and climate change propelled a resurgence of interest in electric cars (EVs).
Electric traction motors have become essential parts of contemporary electric automobiles, buses, and commercial trucks, allowing them to outperform internal combustion engine vehicles in terms of performance, economy, and sustainability.
Electric motor technology has continuously advanced, with manufacturing techniques, materials, control systems, and motor design improvements. As a result of these advancements, electric traction motors' power density, energy economy, and dependability have all grown, making them more appropriate for several uses in the industrial, renewable energy, and transportation sectors.

Key Electric Traction Motor Market Trends

Innovation in the market is propelled by ongoing developments in electric motor technology, which is improving the efficiency, power density, and dependability of electric traction motors.
Due to its sizable automotive & transportation industries, government incentives for the use of electric vehicles, and a robust manufacturing base for electric motors & components, the United States and China are emerging as leading players in the market.
The commercial vehicle industry is adopting electric traction motors due to the growing interest in cutting carbon emissions and operating costs and complying with tightening regulations.
The market for electric traction motors is significantly influenced by the growing use of electric cars, which includes hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs).

Restraining Factors in the Electric Traction Motor Market

The upfront costs of electric vehicles (EVs) and electric traction motors are the key obstacles to their broad adoption compared to conventional internal combustion engine vehicles.
The rising consumer hassle of finding charging points is set to impact the market for electric traction motors.
Despite advancements in battery technology, electric vehicles still have range restrictions compared to traditional cars with internal combustion engines.
Customers are concerned about range anxiety or the dread of running out of battery power before reaching a charging station, especially when traveling long distances or in areas with poor infrastructure.

Country-wise Insights

The table below shows the estimated growth rates of the top five countries. The United Kingdom, China, and Japan are set to record high CAGRs of 18.4%, 17.9%, and 19.0%, respectively, through 2034.

Countries	Projected CAGR ( 2024 to 2034)
United States	17.6%
United Kingdom	18.4%
China	17.9%
South Korea	15.0%
Japan	19.0%

The table below explains the size of the electric traction motor market in the five leading countries for 2034. Among them, the United States is anticipated to remain at the forefront by reaching a valuation of US$ 16.2 billion. Japan is expected to reach around US$ 10.1 billion by 2034, less than China's US$ 14.8 billion.

Countries	Market Value (2034)
United States	US$ 16.2 billion
United Kingdom	US$ 3.8 billion
China	US$ 14.8 billion
South Korea	US$ 4.3 billion
Japan	US$ 10.1 billion

Rising Research and Development Activities to Boost Demand in the United States

The United States electric traction motor industry is poised to exhibit a CAGR of 17.6% during the assessment period. The key factors supporting the market growth are:

The federal and state governments of the United States are taking several measures to encourage the use of electric vehicles (EVs) and support the development of electric traction motors. These programs include electric car technology research & development support, tax breaks, grants, and rebates.
With several significant automakers declaring intentions to boost the manufacturing of electric vehicles, the United States automobile sector is electrifying. This transition toward electric propulsion systems is increasing the demand for electric traction motors in the country.

Growing Awareness of Environmental Issues Propelling Demand in China

Electric traction motor demand in China is anticipated to rise at a steady CAGR of 17.9% during the forecast period. This is attributable to a combination of factors, including:

Strict environmental rules that aim to lower greenhouse gas emissions and improve fuel efficiency are incentivizing automakers to invest in electric car technology. Electric traction motors make compliance with regulations and vehicle electrification possible.
China is witnessing a surging demand for electric vehicles due to growing consumer awareness of environmental issues, rising fuel prices, and concerns about energy security.
Electric traction motor sales are predicted to rise as consumers look for more environmentally friendly modes of transportation in China.

Growing Electrification of Public Transportation to Surge Sales in Japan

Japan's electric traction motor market is expected to reach a valuation of around US$ 10.1 billion by 2034. Top factors supporting the market expansion in the country include:

Electric traction motors are in high demand due to the electrification of public transportation, especially for electric trains and buses in Japan.
Automakers, suppliers, and technology companies are collaborating to expedite the development and uptake of electric vehicles & electric traction motors in Japan.

Booming Automotive Industry in the United Kingdom Upscaling the Market

The demand for electric traction motors is increasing in the United Kingdom, with a projected CAGR of 18.4% through 2034. Emerging patterns in the United Kingdom market are as follows:

Expanding charging networks is expected to reduce range anxiety and ease consumer shift to electric vehicles, further increasing the demand for electric traction motors in the United Kingdom.

Technological Innovations in South Traction Paving the Way for Market Success

The electric traction motor market is projected to increase in South Korea at a CAGR of 15.0% through 2034. The factors driving the market growth are as follows:

Continuous developments in electric motor technology, including gains in cost-effectiveness, efficiency, and power density, are set to propel innovation in the electric traction motor market.
Manufacturers are spending money on research & development to create next-generation electric traction motors that are expected to satisfy changing demands from the automobile sector in South Korea.

Category-wise Insights

The section below shows the AC segment dominating by type. It is predicted to surge at 17.0% CAGR through 2034. Based on the power rating, the below 200 KW segment is anticipated to generate a dominant share through 2024. It is set to expand at a CAGR of 16.7% through 2034.

Segment	CAGR (2024 to 2034)
AC (Type)	17.0%
Below 200 KW (Power Rating)	16.7%

AC Segment Tops the Type Category in the Market

Due to AC traction motors’ efficiency, rail transportation systems use less energy, and electric vehicles' driving range is increased.
Where weight and space are important factors, AC traction motors are made to be lightweight and compact, which makes them ideal for incorporation into electric cars. Their small size makes it possible to build and package vehicles more flexibly.
AC motors' efficiency and performance advantages frequently achieve long-term cost reductions in energy consumption and maintenance.

Below 200 kW Electric Traction Motors to Show a Surging Demand Through 2034

Hybrid vehicles combine an internal combustion engine with an electric motor to increase fuel efficiency and lower emissions.
With power outputs below 200 kW, the electric motor in hybrid cars helps the internal combustion engine during acceleration and low-speed driving.
Light trucks, utility vehicles, and delivery vans are a few examples of small commercial vehicles that use electric traction motors below 200 kW.
For short-distance and urban delivery, these vehicles need modest power outputs. Hence, traction motors in this power range work well with their propulsion systems.
Outside the automobile industry, traction motors with a power output of below 200 kW are employed in several electric propulsion motors. These include uses where moderate power outputs are adequate for propulsion systems, such as electric propulsion for boats, ships, drones, industrial gear, and agricultural equipment.

Competitive Landscape

The electric traction motor market is highly competitive, with both well-established players and start-ups vying for market share. A wide range of sectors and applications are catered by the manufacturers' extensive product portfolio, which increases their market share and draws in a large client base looking for dependable and effective traction motors. Electric traction motor manufacturers are focusing on several growth strategies, such as partnerships and collaborations.

For instance

In 2024, WEG Africa announced the implementation of minimum energy performance standards (MEPS) in South Africa.
In 2023, ABB launched the AMI 5800 NEMA modular induction motor, which is designed for demanding oil and gas industry applications.

Key Companies Profiled

Schneider Electric SE
The Curtiss-Wright Corporation
Prodrive Technologies
Toshiba Corporation
General Electric Co.
CG Power and Industrial Solutions Ltd.
Aisin
ABB, Ltd.
Alstom SA.
Siemens AG

Key Coverage in Electric Traction Motor Market Report

Opportunity Analysis in Electric Traction Motor Market
Potential of Electric Traction Motor Market in India
Top 10 Companies in Electric Traction Motor Market
Recent Developments in Automotive Traction Motor Market
Electric Traction Motor Manufacturers in the United States
Railway Traction Motor Market
Different Types of Electric Traction Motors Available in the Market

Electric Traction Motor Market Segmentation by Category

By Type:

By Power Rating:

Below 200 KW
200 KW to 400 KW
Above 400 KW

By Vehicle Type:

Plug-in Hybrid Electric Vehicles
Mild Hybrid Vehicles
Full Hybrid Vehicles

By Application:

Railways
Electric Vehicles
Elevators
Conveyors
Industrial Machinery
Others

By Region:

North America
Latin America
Europe
East Asia
South Asia
Oceania
Middle East and Africa

Frequently Asked Questions

How big is the electric traction motor market?

The market is set to reach US$ 18.5 billion in 2024.

What is the forecast for the electric traction motor market?

Demand for electric traction motors is slated to expand at a 17.3% CAGR by 2034.

What is the outlook for the electric traction motor market?

The market is set to reach US$ 91.1 billion in 2034.

Who are the key players in the electric traction motor market?

Schneider Electric SE, The Curtiss-Wright Corporation, and Prodrive Technologies are the key players.

Which type would lead the electric traction motor market?

AC segment is estimated to hold a significant market share in 2024.

Table of Content

1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ million) & Volume (Units) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ million) & Volume (Units) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ million) & Volume (Units) Analysis By Type, 2019 to 2023
5.3. Current and Future Market Size Value (US$ million) & Volume (Units) Analysis and Forecast By Type, 2024 to 2034
5.3.1. AC
5.3.2. DC
5.4. Y-o-Y Growth Trend Analysis By Type, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Type, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Power Rating
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ million) & Volume (Units) Analysis By Power Rating, 2019 to 2023
6.3. Current and Future Market Size Value (US$ million) & Volume (Units) Analysis and Forecast By Power Rating, 2024 to 2034
6.3.1. Below 200 KW
6.3.2. 200 KW To 400 KW
6.3.3. Above 400 K W
6.4. Y-o-Y Growth Trend Analysis By Power Rating, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Power Rating, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Vehicle Type
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ million) & Volume (Units) Analysis By Vehicle Type, 2019 to 2023
7.3. Current and Future Market Size Value (US$ million) & Volume (Units) Analysis and Forecast By Vehicle Type, 2024 to 2034
7.3.1. Plug-in Hybrid Electric Vehicles
7.3.2. Mild Hybrid Vehicles
7.3.3. Full Hybrid Vehicles
7.4. Y-o-Y Growth Trend Analysis By Vehicle Type, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By Vehicle Type, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Application
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ million) & Volume (Units) Analysis By Application, 2019 to 2023
8.3. Current and Future Market Size Value (US$ million) & Volume (Units) Analysis and Forecast By Application, 2024 to 2034
8.3.1. Railways
8.3.2. Electric Vehicles
8.3.3. Elevators
8.3.4. Conveyors
8.3.5. Industrial Machinery
8.3.6. Others
8.4. Y-o-Y Growth Trend Analysis By Application, 2019 to 2023
8.5. Absolute $ Opportunity Analysis By Application, 2024 to 2034
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
9.1. Introduction
9.2. Historical Market Size Value (US$ million) & Volume (Units) Analysis By Region, 2019 to 2023
9.3. Current Market Size Value (US$ million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034
9.3.1. North America
9.3.2. Latin America
9.3.3. Western Europe
9.3.4. Eastern Europe
9.3.5. South Asia and Pacific
9.3.6. East Asia
9.3.7. Middle East and Africa
9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. United States
10.2.1.2. Canada
10.2.2. By Type
10.2.3. By Power Rating
10.2.4. By Vehicle Type
10.2.5. By Application
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Type
10.3.3. By Power Rating
10.3.4. By Vehicle Type
10.3.5. By Application
10.4. Key Takeaways
11. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Brazil
11.2.1.2. Mexico
11.2.1.3. Rest of Latin America
11.2.2. By Type
11.2.3. By Power Rating
11.2.4. By Vehicle Type
11.2.5. By Application
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Type
11.3.3. By Power Rating
11.3.4. By Vehicle Type
11.3.5. By Application
11.4. Key Takeaways
12. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Germany
12.2.1.2. United Kingdom
12.2.1.3. France
12.2.1.4. Spain
12.2.1.5. Italy
12.2.1.6. Rest of Western Europe
12.2.2. By Type
12.2.3. By Power Rating
12.2.4. By Vehicle Type
12.2.5. By Application
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Type
12.3.3. By Power Rating
12.3.4. By Vehicle Type
12.3.5. By Application
12.4. Key Takeaways
13. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. Poland
13.2.1.2. Russia
13.2.1.3. Czech Republic
13.2.1.4. Romania
13.2.1.5. Rest of Eastern Europe
13.2.2. By Type
13.2.3. By Power Rating
13.2.4. By Vehicle Type
13.2.5. By Application
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Type
13.3.3. By Power Rating
13.3.4. By Vehicle Type
13.3.5. By Application
13.4. Key Takeaways
14. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. India
14.2.1.2. Bangladesh
14.2.1.3. Australia
14.2.1.4. New Zealand
14.2.1.5. Rest of South Asia and Pacific
14.2.2. By Type
14.2.3. By Power Rating
14.2.4. By Vehicle Type
14.2.5. By Application
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Type
14.3.3. By Power Rating
14.3.4. By Vehicle Type
14.3.5. By Application
14.4. Key Takeaways
15. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. China
15.2.1.2. Japan
15.2.1.3. South Korea
15.2.2. By Type
15.2.3. By Power Rating
15.2.4. By Vehicle Type
15.2.5. By Application
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Type
15.3.3. By Power Rating
15.3.4. By Vehicle Type
15.3.5. By Application
15.4. Key Takeaways
16. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
16.1. Historical Market Size Value (US$ million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
16.2. Market Size Value (US$ million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
16.2.1. By Country
16.2.1.1. GCC Countries
16.2.1.2. South Africa
16.2.1.3. Israel
16.2.1.4. Rest of Middle East & Africa
16.2.2. By Type
16.2.3. By Power Rating
16.2.4. By Vehicle Type
16.2.5. By Application
16.3. Market Attractiveness Analysis
16.3.1. By Country
16.3.2. By Type
16.3.3. By Power Rating
16.3.4. By Vehicle Type
16.3.5. By Application
16.4. Key Takeaways
17. Key Countries Market Analysis
17.1. United States
17.1.1. Pricing Analysis
17.1.2. Market Share Analysis, 2023
17.1.2.1. By Type
17.1.2.2. By Power Rating
17.1.2.3. By Vehicle Type
17.1.2.4. By Application
17.2. Canada
17.2.1. Pricing Analysis
17.2.2. Market Share Analysis, 2023
17.2.2.1. By Type
17.2.2.2. By Power Rating
17.2.2.3. By Vehicle Type
17.2.2.4. By Application
17.3. Brazil
17.3.1. Pricing Analysis
17.3.2. Market Share Analysis, 2023
17.3.2.1. By Type
17.3.2.2. By Power Rating
17.3.2.3. By Vehicle Type
17.3.2.4. By Application
17.4. Mexico
17.4.1. Pricing Analysis
17.4.2. Market Share Analysis, 2023
17.4.2.1. By Type
17.4.2.2. By Power Rating
17.4.2.3. By Vehicle Type
17.4.2.4. By Application
17.5. Germany
17.5.1. Pricing Analysis
17.5.2. Market Share Analysis, 2023
17.5.2.1. By Type
17.5.2.2. By Power Rating
17.5.2.3. By Vehicle Type
17.5.2.4. By Application
17.6. United Kingdom
17.6.1. Pricing Analysis
17.6.2. Market Share Analysis, 2023
17.6.2.1. By Type
17.6.2.2. By Power Rating
17.6.2.3. By Vehicle Type
17.6.2.4. By Application
17.7. France
17.7.1. Pricing Analysis
17.7.2. Market Share Analysis, 2023
17.7.2.1. By Type
17.7.2.2. By Power Rating
17.7.2.3. By Vehicle Type
17.7.2.4. By Application
17.8. Spain
17.8.1. Pricing Analysis
17.8.2. Market Share Analysis, 2023
17.8.2.1. By Type
17.8.2.2. By Power Rating
17.8.2.3. By Vehicle Type
17.8.2.4. By Application
17.9. Italy
17.9.1. Pricing Analysis
17.9.2. Market Share Analysis, 2023
17.9.2.1. By Type
17.9.2.2. By Power Rating
17.9.2.3. By Vehicle Type
17.9.2.4. By Application
17.10. Poland
17.10.1. Pricing Analysis
17.10.2. Market Share Analysis, 2023
17.10.2.1. By Type
17.10.2.2. By Power Rating
17.10.2.3. By Vehicle Type
17.10.2.4. By Application
17.11. Russia
17.11.1. Pricing Analysis
17.11.2. Market Share Analysis, 2023
17.11.2.1. By Type
17.11.2.2. By Power Rating
17.11.2.3. By Vehicle Type
17.11.2.4. By Application
17.12. Czech Republic
17.12.1. Pricing Analysis
17.12.2. Market Share Analysis, 2023
17.12.2.1. By Type
17.12.2.2. By Power Rating
17.12.2.3. By Vehicle Type
17.12.2.4. By Application
17.13. Romania
17.13.1. Pricing Analysis
17.13.2. Market Share Analysis, 2023
17.13.2.1. By Type
17.13.2.2. By Power Rating
17.13.2.3. By Vehicle Type
17.13.2.4. By Application
17.14. India
17.14.1. Pricing Analysis
17.14.2. Market Share Analysis, 2023
17.14.2.1. By Type
17.14.2.2. By Power Rating
17.14.2.3. By Vehicle Type
17.14.2.4. By Application
17.15. Bangladesh
17.15.1. Pricing Analysis
17.15.2. Market Share Analysis, 2023
17.15.2.1. By Type
17.15.2.2. By Power Rating
17.15.2.3. By Vehicle Type
17.15.2.4. By Application
17.16. Australia
17.16.1. Pricing Analysis
17.16.2. Market Share Analysis, 2023
17.16.2.1. By Type
17.16.2.2. By Power Rating
17.16.2.3. By Vehicle Type
17.16.2.4. By Application
17.17. New Zealand
17.17.1. Pricing Analysis
17.17.2. Market Share Analysis, 2023
17.17.2.1. By Type
17.17.2.2. By Power Rating
17.17.2.3. By Vehicle Type
17.17.2.4. By Application
17.18. China
17.18.1. Pricing Analysis
17.18.2. Market Share Analysis, 2023
17.18.2.1. By Type
17.18.2.2. By Power Rating
17.18.2.3. By Vehicle Type
17.18.2.4. By Application
17.19. Japan
17.19.1. Pricing Analysis
17.19.2. Market Share Analysis, 2023
17.19.2.1. By Type
17.19.2.2. By Power Rating
17.19.2.3. By Vehicle Type
17.19.2.4. By Application
17.20. South Korea
17.20.1. Pricing Analysis
17.20.2. Market Share Analysis, 2023
17.20.2.1. By Type
17.20.2.2. By Power Rating
17.20.2.3. By Vehicle Type
17.20.2.4. By Application
17.21. GCC Countries
17.21.1. Pricing Analysis
17.21.2. Market Share Analysis, 2023
17.21.2.1. By Type
17.21.2.2. By Power Rating
17.21.2.3. By Vehicle Type
17.21.2.4. By Application
17.22. South Africa
17.22.1. Pricing Analysis
17.22.2. Market Share Analysis, 2023
17.22.2.1. By Type
17.22.2.2. By Power Rating
17.22.2.3. By Vehicle Type
17.22.2.4. By Application
17.23. Israel
17.23.1. Pricing Analysis
17.23.2. Market Share Analysis, 2023
17.23.2.1. By Type
17.23.2.2. By Power Rating
17.23.2.3. By Vehicle Type
17.23.2.4. By Application
18. Market Structure Analysis
18.1. Competition Dashboard
18.2. Competition Benchmarking
18.3. Market Share Analysis of Top Players
18.3.1. By Regional
18.3.2. By Type
18.3.3. By Power Rating
18.3.4. By Vehicle Type
18.3.5. By Application
19. Competition Analysis
19.1. Competition Deep Dive
19.1.1. Schneider Electric SE
19.1.1.1. Overview
19.1.1.2. Product Portfolio
19.1.1.3. Profitability by Market Segments
19.1.1.4. Sales Footprint
19.1.1.5. Strategy Overview
19.1.1.5.1. Marketing Strategy
19.1.1.5.2. Product Strategy
19.1.1.5.3. Channel Strategy
19.1.2. The Curtiss-Wright Corporation
19.1.2.1. Overview
19.1.2.2. Product Portfolio
19.1.2.3. Profitability by Market Segments
19.1.2.4. Sales Footprint
19.1.2.5. Strategy Overview
19.1.2.5.1. Marketing Strategy
19.1.2.5.2. Product Strategy
19.1.2.5.3. Channel Strategy
19.1.3. Prodrive Technologies
19.1.3.1. Overview
19.1.3.2. Product Portfolio
19.1.3.3. Profitability by Market Segments
19.1.3.4. Sales Footprint
19.1.3.5. Strategy Overview
19.1.3.5.1. Marketing Strategy
19.1.3.5.2. Product Strategy
19.1.3.5.3. Channel Strategy
19.1.4. Toshiba Corporation
19.1.4.1. Overview
19.1.4.2. Product Portfolio
19.1.4.3. Profitability by Market Segments
19.1.4.4. Sales Footprint
19.1.4.5. Strategy Overview
19.1.4.5.1. Marketing Strategy
19.1.4.5.2. Product Strategy
19.1.4.5.3. Channel Strategy
19.1.5. General Electric Co.
19.1.5.1. Overview
19.1.5.2. Product Portfolio
19.1.5.3. Profitability by Market Segments
19.1.5.4. Sales Footprint
19.1.5.5. Strategy Overview
19.1.5.5.1. Marketing Strategy
19.1.5.5.2. Product Strategy
19.1.5.5.3. Channel Strategy
19.1.6. CG Power and Industrial Solutions Ltd.
19.1.6.1. Overview
19.1.6.2. Product Portfolio
19.1.6.3. Profitability by Market Segments
19.1.6.4. Sales Footprint
19.1.6.5. Strategy Overview
19.1.6.5.1. Marketing Strategy
19.1.6.5.2. Product Strategy
19.1.6.5.3. Channel Strategy
19.1.7. Aisin
19.1.7.1. Overview
19.1.7.2. Product Portfolio
19.1.7.3. Profitability by Market Segments
19.1.7.4. Sales Footprint
19.1.7.5. Strategy Overview
19.1.7.5.1. Marketing Strategy
19.1.7.5.2. Product Strategy
19.1.7.5.3. Channel Strategy
19.1.8. ABB, Ltd.
19.1.8.1. Overview
19.1.8.2. Product Portfolio
19.1.8.3. Profitability by Market Segments
19.1.8.4. Sales Footprint
19.1.8.5. Strategy Overview
19.1.8.5.1. Marketing Strategy
19.1.8.5.2. Product Strategy
19.1.8.5.3. Channel Strategy
19.1.9. Alstom S.A.
19.1.9.1. Overview
19.1.9.2. Product Portfolio
19.1.9.3. Profitability by Market Segments
19.1.9.4. Sales Footprint
19.1.9.5. Strategy Overview
19.1.9.5.1. Marketing Strategy
19.1.9.5.2. Product Strategy
19.1.9.5.3. Channel Strategy
19.1.10. Siemens AG
19.1.10.1. Overview
19.1.10.2. Product Portfolio
19.1.10.3. Profitability by Market Segments
19.1.10.4. Sales Footprint
19.1.10.5. Strategy Overview
19.1.10.5.1. Marketing Strategy
19.1.10.5.2. Product Strategy
19.1.10.5.3. Channel Strategy
19.1.11. Delphi Automotive LLP
19.1.11.1. Overview
19.1.11.2. Product Portfolio
19.1.11.3. Profitability by Market Segments
19.1.11.4. Sales Footprint
19.1.11.5. Strategy Overview
19.1.11.5.1. Marketing Strategy
19.1.11.5.2. Product Strategy
19.1.11.5.3. Channel Strategy
19.1.12. Voith GmbH
19.1.12.1. Overview
19.1.12.2. Product Portfolio
19.1.12.3. Profitability by Market Segments
19.1.12.4. Sales Footprint
19.1.12.5. Strategy Overview
19.1.12.5.1. Marketing Strategy
19.1.12.5.2. Product Strategy
19.1.12.5.3. Channel Strategy
19.1.13. Mitsubishi Electric Corporation
19.1.13.1. Overview
19.1.13.2. Product Portfolio
19.1.13.3. Profitability by Market Segments
19.1.13.4. Sales Footprint
19.1.13.5. Strategy Overview
19.1.13.5.1. Marketing Strategy
19.1.13.5.2. Product Strategy
19.1.13.5.3. Channel Strategy
19.1.14. Bombardier Inc.
19.1.14.1. Overview
19.1.14.2. Product Portfolio
19.1.14.3. Profitability by Market Segments
19.1.14.4. Sales Footprint
19.1.14.5. Strategy Overview
19.1.14.5.1. Marketing Strategy
19.1.14.5.2. Product Strategy
19.1.14.5.3. Channel Strategy
19.1.15. American Traction Systems
19.1.15.1. Overview
19.1.15.2. Product Portfolio
19.1.15.3. Profitability by Market Segments
19.1.15.4. Sales Footprint
19.1.15.5. Strategy Overview
19.1.15.5.1. Marketing Strategy
19.1.15.5.2. Product Strategy
19.1.15.5.3. Channel Strategy
19.1.16. VEM Group
19.1.16.1. Overview
19.1.16.2. Product Portfolio
19.1.16.3. Profitability by Market Segments
19.1.16.4. Sales Footprint
19.1.16.5. Strategy Overview
19.1.16.5.1. Marketing Strategy
19.1.16.5.2. Product Strategy
19.1.16.5.3. Channel Strategy
19.1.17. Caterpillar Inc.
19.1.17.1. Overview
19.1.17.2. Product Portfolio
19.1.17.3. Profitability by Market Segments
19.1.17.4. Sales Footprint
19.1.17.5. Strategy Overview
19.1.17.5.1. Marketing Strategy
19.1.17.5.2. Product Strategy
19.1.17.5.3. Channel Strategy
20. Assumptions & Acronyms Used
21. Research Methodology

Electric Traction Motor Market

Electric Traction Motor Market Analysis based on AC and DC Type from 2024 to 2034