Traction Motors Market Overview (2022 to 2032)

[250 Pages Report] Global sales of traction motors reached around 11.7 Billion in 2022. The overall demand is projected to increase at a CAGR of 13.0% between 2022 and 2032, surpassing valuation of 30.0 Billion by 2032. Growth registered in the traction motors market is attributable to the increasing demand for high performance motors from diverse industries such as automotive and electric & electronics.

Report Attribute Details
Estimated Base Year Value (2021) US$ 10.2 Billion
Expected Market Value (2022) US$ 11.7 Billion
Anticipated Forecast Value (2032) US$ 30.0 Billion
Projected Growth Rate (2022 to 2032) 13.0% CAGR

Traction motors are electric motors used for propulsion of vehicles such as locomotives, electric and hybrid vehicles, elevators etc. These motors are highly efficient and offer various benefits including easy maintenance, quick start and stop, superior reliability, and pollution free nature.

Growing demand for high performance motors for various applications, increasing investments in railway infrastructure and growing concerns regarding higher environmental pollution levels are some of the factors propelling the growth of traction motors market.

Traction motors have emerged as ideal alternative to conventional motors on account of their better performance and lower emission. They are being increasingly used in electric and hybrid vehicles, compact construction equipment, washing machines and several other electrical appliances.

The ongoing trend of including automation in mechanical operation is forecast to ignite the importance of traction motors. Surging incorporation of traction motors in consumer appliances like washing machines will remain a chief growth driver during the forecast period.

Similarly, expansion of residential and commercial sectors is fueling sales of traction motors. These traction motors find their usage in elevators and escalators across for faster movement purposes.

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Which are Some Prominent Drivers Spearheading Traction Motors Market Growth?

As the world continues to move towards a sustainable future, demand for eco-friendly transport options is on the rise. There has been a substantial increase in the production and sales of electric and hybrid vehicles during the last few years. This is generating immense demand for highly efficient motors like traction motors and the trend is likely to continue in the future.

Traction motors are being increasingly adopted in electric and hybrid vehicles for converting electrical energy to mechanical energy in such a way that the vehicles are propelled. Increasing production and sales of these vehicles are anticipated to push the demand for traction motors at a strong pace during the forecast period. As per the International Energy Association (IEA), more than 10 Mn electric cars were on the world’s roads in 2020.

Similarly, increasing carbon emission is prompting government and other regulatory organizations to launch various strict regulations for encouraging the adoption of electric and hybrid vehicles. For instance, in January 2020, Regulations (EU) 2019/631 entered into force, setting CO2 emission standards for new passenger cars and vans. Implementation of these regulations and emission standards is anticipated to push the sales of fuel-efficient traction motors over the assessment period.

Leading manufacturers are increasingly investing in research and development activities for introducing innovative solutions that will not only provide better performance but also reduce the weight of vehicles.

What are the Challenges Faced by the Traction Motors Industry?

One of the major factors restraining the growth of traction motors market is the motor failure issue. Usage of very little oil or lubricants in traction technologies makes them susceptible to overheating. This can lead to motor failure. Moreover, fluctuation in raw material prices is also limiting the growth of traction motors market to some extent.

Nikhil Kaitwade
Nikhil Kaitwade

Principal Consultant

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Why is Asia-Pacific Excluding Japan (APEJ) Emerging as an Opportunistic Traction motors Market?

Asia Pacific Excluding Japan (APEJ) was the largest market for traction motors and the trend is expected to continue over the forecast period owing to rapid industrialization, growing production and sales of electric vehicles and increasing government initiatives for curbing the emission levels.

Countries like China and South Korea are becoming world leaders in electric vehicle production. These countries have an abundant presence of automotive manufacturers which is generating the majority of the demand for traction motors. According to the International Energy Association (IEA), with 4.5 million electric cars, China had the largest number of electric cars on its roads in 2020.

Moreover, increasing investments by government to develop and expand the metro train infrastructure across APEJ regions will further stimulate the sales of traction motors in the future. Traction motors have become significant components of metro locomotives. These motors generate power to rotate the wheels of trains and have become ideal substitutes to conventional motors/engines.

How is North America Contributing to Growth of the Traction Motors Market?

According to Future Market Insights, North America spearheaded by the U.S. is expected to create plethora of growth opportunities within the traction motors market during the forecast period. Growing adoption of electric vehicles and construction equipment, increasing penetration of automation, favorable government support and presence of leading market players are some of the factors boosting the sales of traction motors in the region.

Countries such as the United States are witnessing huge demand for traction motors from electric car manufacturers like Tesla and General Motors.

In addition to this, there has been a significant rise in the sales of heavy industrial machinery and equipment across these regions. This has further accelerated the growth of traction motors market.

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Market Competition

Some of the key participants present in the global traction motors market include Aisin, ABB, Alstom, General Electric, Continental, Mitsubishi, Magna International, and Toshiba among others.

The global traction motors market is highly competitive in nature with leading market players constantly leveraging strategies such as new product launches, price reduction and new facility establishments. Besides this, they are taking full advantage of online distribution channels to increase their sales across attractive regions.

Report Scope

Report Attribute Details
Growth Rate CAGR of 13.0% from 2022 to 2032
Base Year for Estimation 2021
Historical Data 2015 to 2020
Forecast Period 2022 to 2032
Quantitative Units Revenue in USD Million, Volume in Kilotons and CAGR from 2022 to 2032
Report Coverage Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered Application, End Users, Region
Regions Covered North America; Latin America; Western Europe; Eastern Europe; APEJ; Japan; Middle East and Africa
Key Countries Profiled USA, Canada, Brazil, Argentina, Germany, UK, France, Spain, Italy, Nordics, BENELUX, Australia & New Zealand, China, India, ASEAN, GCC, South Africa
Key Companies Profiled Aisin; ABB; Alstom; General Electric; Continental; Mitsubishi; Magna International; Toshiba
Customization Available Upon Request

Key Segments Profiled in the Traction Motors Industry Survey

By Application:

  • Transportation
  • Industrial machinery and equipment
  • Others

By End Users:

  • Hybrid vehicles
  • Compact construction equipment
  • Escalators
  • Elevators
  • Other (Washing machines, Electric Aircraft, etc.)

By Region:

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • APEJ
  • Japan
  • Middle East & Africa

Frequently Asked Questions

At what rate will the traction motors market grow until 2032?

FMI projects the global traction motors market to expand at a 13.0% value CAGR by 2032

Which region is forecast to be the most lucrative traction motors market?

Asia Pacific Excluding Japan is expected to remain the most opportunistic traction motors market during the forecast period.

Who are some prominent traction motors manufacturers?

Aisin, ABB, Alstom, General Electric, Continental, Mitsubishi, Magna International, and Toshiba are some prominent traction motors manufacturers

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 2017-2021 and Forecast, 2022-2032
    4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021
    4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032
        4.2.1. Y-o-Y Growth Trend Analysis
        4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Rated Power
    5.1. Introduction / Key Findings
    5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Rated Power, 2017-2021
    5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Rated Power, 2022-2032
        5.3.1. Up to 1,000 HP
        5.3.2. 1,000 – 5,000 HP
        5.3.3. 5,000 - 10,000 HP
        5.3.4. 10,000 – 20,000 HP
        5.3.5. 20,000 HP and Above
    5.4. Y-o-Y Growth Trend Analysis By Rated Power, 2017-2021
    5.5. Absolute $ Opportunity Analysis By Rated Power, 2022-2032
Deep-dive segmentation will be available in the sample on request
6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Motor Type
    6.1. Introduction / Key Findings
    6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Motor Type, 2017-2021
    6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Motor Type, 2022-2032
        6.3.1. Induction Motor
        6.3.2. Synchronous Motor
        6.3.3. Asynchronous Motor
        6.3.4. Brushless Motor
        6.3.5. Series Motor
    6.4. Y-o-Y Growth Trend Analysis By Motor Type, 2017-2021
    6.5. Absolute $ Opportunity Analysis By Motor Type, 2022-2032
Deep-dive segmentation will be available in the sample on request
7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application
    7.1. Introduction / Key Findings
    7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Application, 2017-2021
    7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Application, 2022-2032
        7.3.1. Railways
        7.3.2. Hybrid-Electric vehicles
        7.3.3. Cranes and Hoists
        7.3.4. Escalators and Elevators
        7.3.5. Electric Aircrafts
        7.3.6. Compact Construction Equipment
        7.3.7. Other Industrial machinery
    7.4. Y-o-Y Growth Trend Analysis By Application, 2017-2021
    7.5. Absolute $ Opportunity Analysis By Application, 2022-2032
Deep-dive segmentation will be available in the sample on request
8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Product Type
    8.1. Introduction / Key Findings
    8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Product Type, 2017-2021
    8.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Product Type, 2022-2032
        8.3.1. New
        8.3.2. Refurbished
    8.4. Y-o-Y Growth Trend Analysis By Product Type, 2017-2021
    8.5. Absolute $ Opportunity Analysis By Product Type, 2022-2032
Deep-dive segmentation will be available in the sample on request
9. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region
    9.1. Introduction
    9.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021
    9.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032
        9.3.1. North America
        9.3.2. Latin America
        9.3.3. Europe
        9.3.4. East Asia
        9.3.5. South Asia & Pacific
        9.3.6. MEA
    9.4. Market Attractiveness Analysis By Region
10. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
    10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
        10.2.1. By Country
            10.2.1.1. U.S.
            10.2.1.2. Canada
        10.2.2. By Rated Power
        10.2.3. By Motor Type
        10.2.4. By Application
        10.2.5. By Product Type
    10.3. Market Attractiveness Analysis
        10.3.1. By Country
        10.3.2. By Rated Power
        10.3.3. By Motor Type
        10.3.4. By Application
        10.3.5. By Product Type
    10.4. Key Takeaways
11. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
    11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
        11.2.1. By Country
            11.2.1.1. Mexico
            11.2.1.2. Brazil
            11.2.1.3. Rest of Latin America
        11.2.2. By Rated Power
        11.2.3. By Motor Type
        11.2.4. By Application
        11.2.5. By Product Type
    11.3. Market Attractiveness Analysis
        11.3.1. By Country
        11.3.2. By Rated Power
        11.3.3. By Motor Type
        11.3.4. By Application
        11.3.5. By Product Type
    11.4. Key Takeaways
12. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
    12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
        12.2.1. By Country
            12.2.1.1. Germany
            12.2.1.2. Italy
            12.2.1.3. France
            12.2.1.4. U.K.
            12.2.1.5. Spain
            12.2.1.6. BENELUX
            12.2.1.7. Russia
            12.2.1.8. Rest of Europe
        12.2.2. By Rated Power
        12.2.3. By Motor Type
        12.2.4. By Application
        12.2.5. By Product Type
    12.3. Market Attractiveness Analysis
        12.3.1. By Country
        12.3.2. By Rated Power
        12.3.3. By Motor Type
        12.3.4. By Application
        12.3.5. By Product Type
    12.4. Key Takeaways
13. East Asia Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
    13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
        13.2.1. By Country
            13.2.1.1. China
            13.2.1.2. Japan
            13.2.1.3. South Korea
        13.2.2. By Rated Power
        13.2.3. By Motor Type
        13.2.4. By Application
        13.2.5. By Product Type
    13.3. Market Attractiveness Analysis
        13.3.1. By Country
        13.3.2. By Rated Power
        13.3.3. By Motor Type
        13.3.4. By Application
        13.3.5. By Product Type
    13.4. Key Takeaways
14. South Asia & Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    14.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
    14.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
        14.2.1. By Country
            14.2.1.1. India
            14.2.1.2. ASEAN
            14.2.1.3. Australia and New Zealand
            14.2.1.4. Rest of South Asia & Pacific
        14.2.2. By Rated Power
        14.2.3. By Motor Type
        14.2.4. By Application
        14.2.5. By Product Type
    14.3. Market Attractiveness Analysis
        14.3.1. By Country
        14.3.2. By Rated Power
        14.3.3. By Motor Type
        14.3.4. By Application
        14.3.5. By Product Type
    14.4. Key Takeaways
15. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country
    15.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021
    15.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032
        15.2.1. By Country
            15.2.1.1. GCC Countries
            15.2.1.2. Turkey
            15.2.1.3. South Africa
            15.2.1.4. Rest of MEA
        15.2.2. By Rated Power
        15.2.3. By Motor Type
        15.2.4. By Application
        15.2.5. By Product Type
    15.3. Market Attractiveness Analysis
        15.3.1. By Country
        15.3.2. By Rated Power
        15.3.3. By Motor Type
        15.3.4. By Application
        15.3.5. By Product Type
    15.4. Key Takeaways
16. Key Countries Market Analysis
    16.1. U.S.
        16.1.1. Pricing Analysis
        16.1.2. Market Share Analysis, 2021
            16.1.2.1. By Rated Power
            16.1.2.2. By Motor Type
            16.1.2.3. By Application
            16.1.2.4. By Product Type
    16.2. Canada
        16.2.1. Pricing Analysis
        16.2.2. Market Share Analysis, 2021
            16.2.2.1. By Rated Power
            16.2.2.2. By Motor Type
            16.2.2.3. By Application
            16.2.2.4. By Product Type
    16.3. Mexico
        16.3.1. Pricing Analysis
        16.3.2. Market Share Analysis, 2021
            16.3.2.1. By Rated Power
            16.3.2.2. By Motor Type
            16.3.2.3. By Application
            16.3.2.4. By Product Type
    16.4. Brazil
        16.4.1. Pricing Analysis
        16.4.2. Market Share Analysis, 2021
            16.4.2.1. By Rated Power
            16.4.2.2. By Motor Type
            16.4.2.3. By Application
            16.4.2.4. By Product Type
    16.5. Germany
        16.5.1. Pricing Analysis
        16.5.2. Market Share Analysis, 2021
            16.5.2.1. By Rated Power
            16.5.2.2. By Motor Type
            16.5.2.3. By Application
            16.5.2.4. By Product Type
    16.6. Italy
        16.6.1. Pricing Analysis
        16.6.2. Market Share Analysis, 2021
            16.6.2.1. By Rated Power
            16.6.2.2. By Motor Type
            16.6.2.3. By Application
            16.6.2.4. By Product Type
    16.7. France
        16.7.1. Pricing Analysis
        16.7.2. Market Share Analysis, 2021
            16.7.2.1. By Rated Power
            16.7.2.2. By Motor Type
            16.7.2.3. By Application
            16.7.2.4. By Product Type
    16.8. U.K.
        16.8.1. Pricing Analysis
        16.8.2. Market Share Analysis, 2021
            16.8.2.1. By Rated Power
            16.8.2.2. By Motor Type
            16.8.2.3. By Application
            16.8.2.4. By Product Type
    16.9. Spain
        16.9.1. Pricing Analysis
        16.9.2. Market Share Analysis, 2021
            16.9.2.1. By Rated Power
            16.9.2.2. By Motor Type
            16.9.2.3. By Application
            16.9.2.4. By Product Type
    16.10. BENELUX
        16.10.1. Pricing Analysis
        16.10.2. Market Share Analysis, 2021
            16.10.2.1. By Rated Power
            16.10.2.2. By Motor Type
            16.10.2.3. By Application
            16.10.2.4. By Product Type
    16.11. Russia
        16.11.1. Pricing Analysis
        16.11.2. Market Share Analysis, 2021
            16.11.2.1. By Rated Power
            16.11.2.2. By Motor Type
            16.11.2.3. By Application
            16.11.2.4. By Product Type
    16.12. China
        16.12.1. Pricing Analysis
        16.12.2. Market Share Analysis, 2021
            16.12.2.1. By Rated Power
            16.12.2.2. By Motor Type
            16.12.2.3. By Application
            16.12.2.4. By Product Type
    16.13. Japan
        16.13.1. Pricing Analysis
        16.13.2. Market Share Analysis, 2021
            16.13.2.1. By Rated Power
            16.13.2.2. By Motor Type
            16.13.2.3. By Application
            16.13.2.4. By Product Type
    16.14. South Korea
        16.14.1. Pricing Analysis
        16.14.2. Market Share Analysis, 2021
            16.14.2.1. By Rated Power
            16.14.2.2. By Motor Type
            16.14.2.3. By Application
            16.14.2.4. By Product Type
    16.15. India
        16.15.1. Pricing Analysis
        16.15.2. Market Share Analysis, 2021
            16.15.2.1. By Rated Power
            16.15.2.2. By Motor Type
            16.15.2.3. By Application
            16.15.2.4. By Product Type
    16.16. ASEAN
        16.16.1. Pricing Analysis
        16.16.2. Market Share Analysis, 2021
            16.16.2.1. By Rated Power
            16.16.2.2. By Motor Type
            16.16.2.3. By Application
            16.16.2.4. By Product Type
    16.17. Australia and New Zealand
        16.17.1. Pricing Analysis
        16.17.2. Market Share Analysis, 2021
            16.17.2.1. By Rated Power
            16.17.2.2. By Motor Type
            16.17.2.3. By Application
            16.17.2.4. By Product Type
    16.18. GCC Countries
        16.18.1. Pricing Analysis
        16.18.2. Market Share Analysis, 2021
            16.18.2.1. By Rated Power
            16.18.2.2. By Motor Type
            16.18.2.3. By Application
            16.18.2.4. By Product Type
    16.19. Turkey
        16.19.1. Pricing Analysis
        16.19.2. Market Share Analysis, 2021
            16.19.2.1. By Rated Power
            16.19.2.2. By Motor Type
            16.19.2.3. By Application
            16.19.2.4. By Product Type
    16.20. South Africa
        16.20.1. Pricing Analysis
        16.20.2. Market Share Analysis, 2021
            16.20.2.1. By Rated Power
            16.20.2.2. By Motor Type
            16.20.2.3. By Application
            16.20.2.4. By Product Type
17. Market Structure Analysis
    17.1. Competition Dashboard
    17.2. Competition Benchmarking
    17.3. Market Share Analysis of Top Players
        17.3.1. By Regional
        17.3.2. By Rated Power
        17.3.3. By Motor Type
        17.3.4. By Application
        17.3.5. By Product Type
18. Competition Analysis
    18.1. Competition Deep Dive
        18.1.1. SIEMENS AG
            18.1.1.1. Overview
            18.1.1.2. Product Portfolio
            18.1.1.3. Profitability by Market Segments
            18.1.1.4. Sales Footprint
            18.1.1.5. Strategy Overview
                18.1.1.5.1. Marketing Strategy
                18.1.1.5.2. Product Strategy
                18.1.1.5.3. Channel Strategy
        18.1.2. ABB
            18.1.2.1. Overview
            18.1.2.2. Product Portfolio
            18.1.2.3. Profitability by Market Segments
            18.1.2.4. Sales Footprint
            18.1.2.5. Strategy Overview
                18.1.2.5.1. Marketing Strategy
                18.1.2.5.2. Product Strategy
                18.1.2.5.3. Channel Strategy
        18.1.3. Eaton Corporation Plc
            18.1.3.1. Overview
            18.1.3.2. Product Portfolio
            18.1.3.3. Profitability by Market Segments
            18.1.3.4. Sales Footprint
            18.1.3.5. Strategy Overview
                18.1.3.5.1. Marketing Strategy
                18.1.3.5.2. Product Strategy
                18.1.3.5.3. Channel Strategy
        18.1.4. General Electric
            18.1.4.1. Overview
            18.1.4.2. Product Portfolio
            18.1.4.3. Profitability by Market Segments
            18.1.4.4. Sales Footprint
            18.1.4.5. Strategy Overview
                18.1.4.5.1. Marketing Strategy
                18.1.4.5.2. Product Strategy
                18.1.4.5.3. Channel Strategy
        18.1.5. Toshiba International Corporation
            18.1.5.1. Overview
            18.1.5.2. Product Portfolio
            18.1.5.3. Profitability by Market Segments
            18.1.5.4. Sales Footprint
            18.1.5.5. Strategy Overview
                18.1.5.5.1. Marketing Strategy
                18.1.5.5.2. Product Strategy
                18.1.5.5.3. Channel Strategy
        18.1.6. Mitsubishi Electric Corporation
            18.1.6.1. Overview
            18.1.6.2. Product Portfolio
            18.1.6.3. Profitability by Market Segments
            18.1.6.4. Sales Footprint
            18.1.6.5. Strategy Overview
                18.1.6.5.1. Marketing Strategy
                18.1.6.5.2. Product Strategy
                18.1.6.5.3. Channel Strategy
        18.1.7. Fuji Electric Co., Ltd.
            18.1.7.1. Overview
            18.1.7.2. Product Portfolio
            18.1.7.3. Profitability by Market Segments
            18.1.7.4. Sales Footprint
            18.1.7.5. Strategy Overview
                18.1.7.5.1. Marketing Strategy
                18.1.7.5.2. Product Strategy
                18.1.7.5.3. Channel Strategy
        18.1.8. Hitachi Ltd.
            18.1.8.1. Overview
            18.1.8.2. Product Portfolio
            18.1.8.3. Profitability by Market Segments
            18.1.8.4. Sales Footprint
            18.1.8.5. Strategy Overview
                18.1.8.5.1. Marketing Strategy
                18.1.8.5.2. Product Strategy
                18.1.8.5.3. Channel Strategy
        18.1.9. Alstom
            18.1.9.1. Overview
            18.1.9.2. Product Portfolio
            18.1.9.3. Profitability by Market Segments
            18.1.9.4. Sales Footprint
            18.1.9.5. Strategy Overview
                18.1.9.5.1. Marketing Strategy
                18.1.9.5.2. Product Strategy
                18.1.9.5.3. Channel Strategy
        18.1.10. Nidec Corporation
            18.1.10.1. Overview
            18.1.10.2. Product Portfolio
            18.1.10.3. Profitability by Market Segments
            18.1.10.4. Sales Footprint
            18.1.10.5. Strategy Overview
                18.1.10.5.1. Marketing Strategy
                18.1.10.5.2. Product Strategy
                18.1.10.5.3. Channel Strategy
        18.1.11. Bombardier Inc.
            18.1.11.1. Overview
            18.1.11.2. Product Portfolio
            18.1.11.3. Profitability by Market Segments
            18.1.11.4. Sales Footprint
            18.1.11.5. Strategy Overview
                18.1.11.5.1. Marketing Strategy
                18.1.11.5.2. Product Strategy
                18.1.11.5.3. Channel Strategy
        18.1.12. Continental
            18.1.12.1. Overview
            18.1.12.2. Product Portfolio
            18.1.12.3. Profitability by Market Segments
            18.1.12.4. Sales Footprint
            18.1.12.5. Strategy Overview
                18.1.12.5.1. Marketing Strategy
                18.1.12.5.2. Product Strategy
                18.1.12.5.3. Channel Strategy
        18.1.13. Aisin Seiki Co. Ltd.C
            18.1.13.1. Overview
            18.1.13.2. Product Portfolio
            18.1.13.3. Profitability by Market Segments
            18.1.13.4. Sales Footprint
            18.1.13.5. Strategy Overview
                18.1.13.5.1. Marketing Strategy
                18.1.13.5.2. Product Strategy
                18.1.13.5.3. Channel Strategy
        18.1.14. COMER
            18.1.14.1. Overview
            18.1.14.2. Product Portfolio
            18.1.14.3. Profitability by Market Segments
            18.1.14.4. Sales Footprint
            18.1.14.5. Strategy Overview
                18.1.14.5.1. Marketing Strategy
                18.1.14.5.2. Product Strategy
                18.1.14.5.3. Channel Strategy
        18.1.15. Sulzer Ltd
            18.1.15.1. Overview
            18.1.15.2. Product Portfolio
            18.1.15.3. Profitability by Market Segments
            18.1.15.4. Sales Footprint
            18.1.15.5. Strategy Overview
                18.1.15.5.1. Marketing Strategy
                18.1.15.5.2. Product Strategy
                18.1.15.5.3. Channel Strategy
        18.1.16. Schaeffler Group
            18.1.16.1. Overview
            18.1.16.2. Product Portfolio
            18.1.16.3. Profitability by Market Segments
            18.1.16.4. Sales Footprint
            18.1.16.5. Strategy Overview
                18.1.16.5.1. Marketing Strategy
                18.1.16.5.2. Product Strategy
                18.1.16.5.3. Channel Strategy
        18.1.17. Zytek Automotive Ltd.
            18.1.17.1. Overview
            18.1.17.2. Product Portfolio
            18.1.17.3. Profitability by Market Segments
            18.1.17.4. Sales Footprint
            18.1.17.5. Strategy Overview
                18.1.17.5.1. Marketing Strategy
                18.1.17.5.2. Product Strategy
                18.1.17.5.3. Channel Strategy
        18.1.18. Bharat Heavy Electricals Ltd.
            18.1.18.1. Overview
            18.1.18.2. Product Portfolio
            18.1.18.3. Profitability by Market Segments
            18.1.18.4. Sales Footprint
            18.1.18.5. Strategy Overview
                18.1.18.5.1. Marketing Strategy
                18.1.18.5.2. Product Strategy
                18.1.18.5.3. Channel Strategy
        18.1.19. HYUNDAI ROTEM COMPANY.
            18.1.19.1. Overview
            18.1.19.2. Product Portfolio
            18.1.19.3. Profitability by Market Segments
            18.1.19.4. Sales Footprint
            18.1.19.5. Strategy Overview
                18.1.19.5.1. Marketing Strategy
                18.1.19.5.2. Product Strategy
                18.1.19.5.3. Channel Strategy
        18.1.20. TECO Group
            18.1.20.1. Overview
            18.1.20.2. Product Portfolio
            18.1.20.3. Profitability by Market Segments
            18.1.20.4. Sales Footprint
            18.1.20.5. Strategy Overview
                18.1.20.5.1. Marketing Strategy
                18.1.20.5.2. Product Strategy
                18.1.20.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
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Industrial Automation

Industrial Motors Market

January 2023

REP-GB-5117

251 pages

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