Automotive

Electric Traction Motor Market Size 2021-2030

Electric Traction Motor Market Global Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2022-2030

The global electric traction motor market size accounted for US$ 14.9 billion in 2021 and is projected to reach around USD 61.4 billion by 2030, growing at a CAGR of 17.04% from 2022 to 2030.

Electric Traction Motor Market Key Takeaways:

  • By type, AC segment has contributed highest revenue share of over 87% in 2021.
  • DC segment has generated market share of around 13% in 2021.
  • Asia Pacific hit revenue share up to 48% in 2021.
Electric Traction Motor Market Size 2022 To 2030

 

Report Summary

The global electric traction motor market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the electric traction motor market across the globe.

A comprehensive estimate on the electric traction motor market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of electric traction motor during the forecast period. Price point comparison by region with global average price is also considered in the study

Electric Traction Motor Market Scope

Report Coverage Details
Market Size in 2022 USD 17.44 Billion
Market Size by 2030 USD 61.4 Billion
Growth Rate from 2022 to 2030 CAGR of 17.04%
Base Year 2021
Forecast Period 2022 to 2030
Segments Covered Vehicle Type, Type, Power Rating, Application, and Geography

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized electric traction motor market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: Ultra-Mobile Devices Market Size 2021-2030

Electric Traction Motor Market Players

The report includes the profiles of key electric traction motor market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area are:

  • Schneider Electric SE
  • The Curtiss-Wright Corporation
  • Prodrive Technologies
  • Toshiba Corporation
  • General Electric Co.
  • CG Power and Industrial Solutions Ltd.
  • Aisin
  • ABB, Ltd.
  • Alstom S.A.
  • Siemens AG
  • Delphi Automotive LLP
  • Voith GmbH
  • Mitsubishi Electric Corporation
  • Bombardier Inc.
  • American Traction Systems
  • VEM Group
  • Caterpillar Inc.
  • TTM Rail – Transtech Melbourne Pty Ltd.
  • Kawasaki Heavy Industries Ltd.
  • Traktionssysteme Austria GmbH
  • Hyundai Rotem Company
  • Hitachi, Ltd.
  • Ansaldo Signalling
  • Magna International

Market Segmentation

By Vehicle Type

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

By Type

  • AC
  • DC

By Power Rating

  • Below 200 KW
  • 200 KW To 400 KW
  • Above 400 K W

By Application

  • Railways
  • Electric Vehicles
  • Elevators
  • Conveyors
  • Industrial Machinery
  • Others

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Electric Traction Motor Market 

5.1. COVID-19 Landscape: Electric Traction Motor Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Electric Traction Motor Market, By Vehicle Type

8.1. Electric Traction Motor Market, by Vehicle Type, 2022-2030

8.1.1. Plug-in Hybrid Electric Vehicles

8.1.1.1. Market Revenue and Forecast (2017-2030)

8.1.2. Mild Hybrid Vehicles

8.1.2.1. Market Revenue and Forecast (2017-2030)

8.1.3. Full Hybrid Vehicles

8.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 9. Global Electric Traction Motor Market, By Type

9.1. Electric Traction Motor Market, by Type, 2022-2030

9.1.1. AC

9.1.1.1. Market Revenue and Forecast (2017-2030)

9.1.2. DC

9.1.2.1. Market Revenue and Forecast (2017-2030)

Chapter 10. Global Electric Traction Motor Market, By Power Rating 

10.1. Electric Traction Motor Market, by Power Rating, 2022-2030

10.1.1. Below 200 KW

10.1.1.1. Market Revenue and Forecast (2017-2030)

10.1.2. 200 KW To 400 KW

10.1.2.1. Market Revenue and Forecast (2017-2030)

10.1.3. Above 400 K W

10.1.3.1. Market Revenue and Forecast (2017-2030)

Chapter 11. Global Electric Traction Motor Market, By Application 

11.1. Electric Traction Motor Market, by Application, 2022-2030

11.1.1. Railways

11.1.1.1. Market Revenue and Forecast (2017-2030)

11.1.2. Electric Vehicles

11.1.2.1. Market Revenue and Forecast (2017-2030)

11.1.3. Elevators

11.1.3.1. Market Revenue and Forecast (2017-2030)

11.1.4. Conveyors

11.1.4.1. Market Revenue and Forecast (2017-2030)

11.1.5. Industrial Machinery

11.1.5.1. Market Revenue and Forecast (2017-2030)

11.1.5. Others

11.1.5.1. Market Revenue and Forecast (2017-2030)

Chapter 12. Global Electric Traction Motor Market, Regional Estimates and Trend Forecast

12.1. North America

12.1.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.2. Market Revenue and Forecast, by Type (2017-2030)

12.1.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.1.4. Market Revenue and Forecast, by Application (2017-2030)

12.1.5. U.S.

12.1.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.1.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.1.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.1.6. Rest of North America

12.1.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.1.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.1.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.1.6.4. Market Revenue and Forecast, by Application (2017-2030)

12.2. Europe

12.2.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.2.4. Market Revenue and Forecast, by Application (2017-2030)

12.2.5. UK

12.2.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.2.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.2.6. Germany

12.2.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.2.6.4. Market Revenue and Forecast, by Application (2017-2030)

12.2.7. France

12.2.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.7.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.7.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.2.7.4. Market Revenue and Forecast, by Application (2017-2030)

12.2.8. Rest of Europe

12.2.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.2.8.2. Market Revenue and Forecast, by Type (2017-2030)

12.2.8.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.2.8.4. Market Revenue and Forecast, by Application (2017-2030)

12.3. APAC

12.3.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.3.4. Market Revenue and Forecast, by Application (2017-2030)

12.3.5. India

12.3.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.3.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.3.6. China

12.3.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.3.6.4. Market Revenue and Forecast, by Application (2017-2030)

12.3.7. Japan

12.3.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.7.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.7.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.3.7.4. Market Revenue and Forecast, by Application (2017-2030)

12.3.8. Rest of APAC

12.3.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.3.8.2. Market Revenue and Forecast, by Type (2017-2030)

12.3.8.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.3.8.4. Market Revenue and Forecast, by Application (2017-2030)

12.4. MEA

12.4.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.4.4. Market Revenue and Forecast, by Application (2017-2030)

12.4.5. GCC

12.4.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.4.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.4.6. North Africa

12.4.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.4.6.4. Market Revenue and Forecast, by Application (2017-2030)

12.4.7. South Africa

12.4.7.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.7.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.7.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.4.7.4. Market Revenue and Forecast, by Application (2017-2030)

12.4.8. Rest of MEA

12.4.8.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.4.8.2. Market Revenue and Forecast, by Type (2017-2030)

12.4.8.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.4.8.4. Market Revenue and Forecast, by Application (2017-2030)

12.5. Latin America

12.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.5.5. Brazil

12.5.5.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.5.2. Market Revenue and Forecast, by Type (2017-2030)

12.5.5.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.5.5.4. Market Revenue and Forecast, by Application (2017-2030)

12.5.6. Rest of LATAM

12.5.6.1. Market Revenue and Forecast, by Vehicle Type (2017-2030)

12.5.6.2. Market Revenue and Forecast, by Type (2017-2030)

12.5.6.3. Market Revenue and Forecast, by Power Rating (2017-2030)

12.5.6.4. Market Revenue and Forecast, by Application (2017-2030)

Chapter 13. Company Profiles

13.1. Schneider Electric SE

13.1.1. Company Overview

13.1.2. Product Offerings

13.1.3. Financial Performance

13.1.4. Recent Initiatives

13.2. The Curtiss-Wright Corporation

13.2.1. Company Overview

13.2.2. Product Offerings

13.2.3. Financial Performance

13.2.4. Recent Initiatives

13.3. Prodrive Technologies

13.3.1. Company Overview

13.3.2. Product Offerings

13.3.3. Financial Performance

13.3.4. Recent Initiatives

13.4. Toshiba Corporation

13.4.1. Company Overview

13.4.2. Product Offerings

13.4.3. Financial Performance

13.4.4. Recent Initiatives

13.5. General Electric Co.

13.5.1. Company Overview

13.5.2. Product Offerings

13.5.3. Financial Performance

13.5.4. Recent Initiatives

13.6. CG Power and Industrial Solutions Ltd.

13.6.1. Company Overview

13.6.2. Product Offerings

13.6.3. Financial Performance

13.6.4. Recent Initiatives

13.7. Aisin

13.7.1. Company Overview

13.7.2. Product Offerings

13.7.3. Financial Performance

13.7.4. Recent Initiatives

13.8. ABB, Ltd.

13.8.1. Company Overview

13.8.2. Product Offerings

13.8.3. Financial Performance

13.8.4. Recent Initiatives

13.9. Alstom S.A.

13.9.1. Company Overview

13.9.2. Product Offerings

13.9.3. Financial Performance

13.9.4. Recent Initiatives

13.10. Siemens AG

13.10.1. Company Overview

13.10.2. Product Offerings

13.10.3. Financial Performance

13.10.4. Recent Initiatives

Chapter 14. Research Methodology

14.1. Primary Research

14.2. Secondary Research

14.3. Assumptions

Chapter 15. Appendix

15.1. About Us

15.2. Glossary of Terms

Why should you invest in this report?

If you are aiming to enter the global electric traction motor market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for electric traction motor are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2022-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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