Table of Content


1 INTRODUCTION (Page No. - 30)
    1.1 STUDY OBJECTIVES
    1.2 DEFINITION
    1.3 INCLUSIONS AND EXCLUSIONS
           1.3.1 ELECTRIC TRACTION MOTOR MARKET, BY TYPE: INCLUSIONS AND EXCLUSIONS
           1.3.2 ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING: INCLUSIONS & EXCLUSIONS
           1.3.3 ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION: INCLUSIONS & EXCLUSIONS
    1.4 MARKET SCOPE
           1.4.1 ELECTRIC TRACTION MOTOR MARKET SEGMENTATION
           1.4.2 REGIONAL SCOPE
    1.5 YEARS CONSIDERED
    1.6 CURRENCY
    1.7 LIMITATIONS
    1.8 STAKEHOLDERS
    1.9 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 36)
    2.1 RESEARCH DATA
           FIGURE 1 ELECTRIC TRACTION MOTOR MARKET: RESEARCH DESIGN
    2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
           FIGURE 2 DATA TRIANGULATION METHODOLOGY
           2.2.1 SECONDARY DATA
                    2.2.1.1 Key data from secondary sources
           2.2.2 PRIMARY DATA
                    2.2.2.1 Key data from primary sources
                    2.2.2.2 Breakdown of primaries
                               FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY, DESIGNATION, AND REGION
    2.3 SCOPE
           FIGURE 4 MAIN METRICS CONSIDERED TO CONSTRUCT AND ASSESS DEMAND FOR ELECTRIC TRACTION MOTOR MARKET
    2.4 MARKET SIZE ESTIMATION
           2.4.1 DEMAND-SIDE ANALYSIS
                    FIGURE 5 ELECTRIC TRACTION MOTOR MARKET: INDUSTRY-/COUNTRY-WISE ANALYSIS
                    2.4.1.1 Calculations
                    2.4.1.2 Assumptions
           2.4.2 SUPPLY-SIDE ANALYSIS
                    FIGURE 6 ELECTRIC TRACTION MOTOR MARKET: SUPPLY-SIDE ANALYSIS
                    2.4.2.1 Calculations
                               FIGURE 7 ELECTRIC TRACTION MOTOR MARKET: MARKET SHARES
                    2.4.2.2 Assumptions
           2.4.3 FORECASTS

3 EXECUTIVE SUMMARY (Page No. - 46)
    TABLE 1 ELECTRIC TRACTION MOTOR MARKET SNAPSHOT
    FIGURE 8 ASIA PACIFIC DOMINATED ELECTRIC TRACTION MOTOR MARKET IN 2021
    FIGURE 9 AC SEGMENT TO HOLD LARGEST MARKET SHARE, BY TYPE, 2022–2027
    FIGURE 10 BELOW 200 KW SEGMENT TO LEAD ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2022–2027
    FIGURE 11 RAILWAYS SEGMENT TO HAVE HIGHEST MARKET SHARE, BY APPLICATION, 2022–2027

4 PREMIUM INSIGHTS (Page No. - 49)
    4.1 ATTRACTIVE OPPORTUNITIES IN ELECTRIC TRACTION MOTOR MARKET
           FIGURE 12 INCREASE IN DEMAND FOR HIGH-PERFORMANCE MOTORS AND FAVORABLE GOVERNMENT POLICIES AND SUBSIDIES TO BOOST MARKET GROWTH FROM 2022 TO 2027
    4.2 ELECTRIC TRACTION MOTOR MARKET, BY REGION
           FIGURE 13 ASIA PACIFIC ELECTRIC TRACTION MOTOR MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD
    4.3 ASIA PACIFIC ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION AND COUNTRY
           FIGURE 14 RAILWAY APPLICATION AND CHINA HELD LARGEST SHARES OF ELECTRIC TRACTION MOTOR MARKET IN ASIA PACIFIC IN 2021
    4.4 ELECTRIC TRACTION MOTOR MARKET, BY TYPE
           FIGURE 15 AC ELECTRIC TRACTION MOTOR TO ACCOUNT FOR LARGEST MARKET SHARE, BY TYPE, IN 2027
    4.5 ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION
           FIGURE 16 RAILWAYS SEGMENT TO ACQUIRE LARGEST MARKET SHARE, BY APPLICATION, IN 2027
    4.6 ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING
           FIGURE 17 BELOW 200 KW SEGMENT TO DOMINATE ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, IN 2027

5 MARKET OVERVIEW (Page No. - 53)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 18 ELECTRIC TRACTION MOTOR MARKET: MARKET DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.2.1 DRIVERS
                    5.2.1.1 Increasing stringency of emission regulations to push OEMs to manufacture and sell electric and hybrid vehicles
                               TABLE 2 KEY COUNTRIES: OVERVIEW OF CAR EMISSION REGULATIONS, BY FUEL TYPE, 2016–2021
                    5.2.1.2 Increased demand for high-performance motors
                    5.2.1.3 Favorable government policies and subsidies
                    5.2.1.4 Increasing investments in railway sector
           5.2.2 RESTRAINTS
                    5.2.2.1 High initial deployment cost of electric traction motors in rail industry
                    5.2.2.2 Volatility of raw material prices, especially copper
                               FIGURE 19 COPPER (LME) PRICE TREND (IN USD PER METRIC TON), JANUARY 2018–APRIL 2022
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Increasing demand for electric vehicles
                               FIGURE 20 ELECTRIC CAR STOCK IN SELECTED REGIONS, 2017–2020
           5.2.4 CHALLENGES
                    5.2.4.1 High cost of electric vehicles compared to ICE vehicles
                    5.2.4.2 Motor failure due to overheating
    5.3 IMPACT OF COVID-19
    5.4 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESSES
           5.4.1 REVENUE SHIFT AND NEW REVENUE POCKETS IN ELECTRIC TRACTION MOTOR MARKET
                    FIGURE 21 REVENUE SHIFT OF ELECTRIC TRACTION MOTOR PROVIDERS
    5.5 SUPPLY CHAIN ANALYSIS
           FIGURE 22 ELECTRIC TRACTION MOTOR MARKET: SUPPLY CHAIN ANALYSIS
           5.5.1 RAW MATERIAL SUPPLIERS
           5.5.2 ORIGINAL EQUIPMENT MANUFACTURERS
           5.5.3 ASSEMBLERS/MANUFACTURERS
           5.5.4 DISTRIBUTORS
           5.5.5 END USERS
    5.6 MARKET MAP
           FIGURE 23 ELECTRIC TRACTION MOTOR: MARKET MAP
    5.7 INNOVATIONS AND PATENT REGISTRATION
           TABLE 3 ELECTRIC TRACTION MOTOR MARKET: INNOVATIONS AND PATENT REGISTRATIONS

6 ELECTRIC TRACTION MOTOR MARKET, BY TYPE (Page No. - 63)
    6.1 INTRODUCTION
           FIGURE 24 ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2021
           TABLE 4 ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
           TABLE 5 ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
    6.2 AC
           6.2.1 HIGH EFFICIENCY AND LOW MANUFACTURING COST EXPECTED TO FUEL DEMAND FOR AC MOTORS
                    TABLE 6 AC: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 7 AC: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2020–2027 (USD MILLION)
    6.3 DC
           6.3.1 OPERATIONAL BENEFITS SUCH AS LOW NOISE AND LESS MAINTENANCE TO RAISE DEMAND FOR DC MOTORS
                    TABLE 8 DC: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 9 DC: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2020–2027 (USD MILLION)

7 ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING (Page No. - 67)
    7.1 INTRODUCTION
           FIGURE 25 ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2021
           TABLE 10 ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
           TABLE 11 ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
    7.2 BELOW 200 KW
           7.2.1 DEMAND FROM ELECTRIC VEHICLES, ELEVATORS, AND LIGHT RAIL TRANSIT SYSTEMS TO AMPLIFY SEGMENT DEMAND
                    TABLE 12 BELOW 200 KW: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 13 BELOW 200 KW: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2020–2027 (USD MILLION)
    7.3 200–400 KW
           7.3.1 DEMAND FROM METRO SYSTEMS, HIGH-SPEED TRAINS, AND SUBWAY TRAINS TO BOOST SEGMENT GROWTH
                    TABLE 14 200–400 KW: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 15 200–400 KW: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2020–2027 (USD MILLION)
    7.4 ABOVE 400 KW
           7.4.1 INCREASING RATE OF URBANIZATION AND GROWING POPULATION TO RAISE DEMAND FOR ABOVE 400 KW MOTORS
                    TABLE 16 ABOVE 400 KW: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2016–2019 (USD MILLION)
                    TABLE 17 ABOVE 400 KW: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2020–2027 (USD MILLION)

8 ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION (Page No. - 73)
    8.1 INTRODUCTION
           FIGURE 26 ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2021
           TABLE 18 ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
           TABLE 19 ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
    8.2 RAILWAYS
           8.2.1 INCREASED RELIANCE OF RAILWAY INDUSTRY ON ELECTRIC TRACTION MOTORS FOR HIGH EFFICIENCY AND LOW MAINTENANCE COST TO DRIVE MARKET
                    8.2.1.1 Locomotives
                               8.2.1.1.1 Diesel locomotives
                               8.2.1.1.2 Electric locomotives
                               8.2.1.1.3 Diesel-electric locomotives
                    8.2.1.2 Rapid transit vehicles
                               8.2.1.2.1 Diesel multiple units
                               8.2.1.2.2 Electric multiple units
                               8.2.1.2.3 Light rail vehicles
                               8.2.1.2.4 Metro and subway trains
                    8.2.1.3 Railroad cars
                               8.2.1.3.1 Passenger coaches
                               8.2.1.3.2 Freight wagons
                                            TABLE 20 RAILWAYS: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2016–2019 (USD MILLION)
                                            TABLE 21 RAILWAYS: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2020–2027 (USD MILLION)
    8.3 ELECTRIC VEHICLES
           8.3.1 INCREASING NUMBER OF ELECTRIC VEHICLES WORLDWIDE TO LEAD TO HIGHER DEMAND FOR EFFICIENT TRACTION MOTORS
                    8.3.1.1 Hybrid Electric Vehicles (HEVs)
                    8.3.1.2 Battery Electric Vehicles (BEVs)
                    8.3.1.3 Plug-in Hybrid Electric Vehicles (PHEVs)
                               TABLE 22 ELECTRIC VEHICLES: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2016–2019 (USD MILLION)
                               TABLE 23 ELECTRIC VEHICLES: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2020–2027 (USD MILLION)
    8.4 OTHERS
           TABLE 24 OTHERS: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2016–2019 (USD MILLION)
           TABLE 25 OTHERS: ELECTRIC TRACTION MOTOR MARKET, BY REGION, 2020–2027 (USD MILLION)

9 ELECTRIC TRACTION MOTOR MARKET, BY REGION (Page No. - 80)
    9.1 INTRODUCTION
           FIGURE 27 ASIA PACIFIC TO DOMINATE ELECTRIC TRACTION MOTOR MARKET DURING FORECAST PERIOD
           FIGURE 28 ELECTRIC TRACTION MOTOR MARKET SHARE (VALUE), BY REGION, 2021
           TABLE 26 ELECTRIC TRACTION MOTOR MARKET SIZE, BY REGION, 2016–2019 (USD MILLION)
           TABLE 27 ELECTRIC TRACTION MOTOR MARKET SIZE, BY REGION, 2020–2027 (USD MILLION)
    9.2 ASIA PACIFIC
           FIGURE 29 ASIA PACIFIC: REGIONAL SNAPSHOT
           9.2.1 BY TYPE
                    TABLE 28 ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                    TABLE 29 ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
           9.2.2 BY POWER RATING
                    TABLE 30 ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                    TABLE 31 ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
           9.2.3 BY APPLICATION
                    TABLE 32 ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                    TABLE 33 ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
           9.2.4 BY COUNTRY
                    TABLE 34 ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2016–2019 (USD MILLION)
                    TABLE 35 ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
                    9.2.4.1 China
                               9.2.4.1.1 Increasing investments in electric vehicles to meet air quality standards to contribute to market growth
                                            TABLE 36 CHINA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 37 CHINA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 38 CHINA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 39 CHINA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 40 CHINA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 41 CHINA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.2.4.2 Japan
                               9.2.4.2.1 Government initiatives for reinforcing transportation efficiency to create lucrative opportunities for electric traction motor market
                                            TABLE 42 JAPAN: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 43 JAPAN: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 44 JAPAN: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 45 JAPAN: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 46 JAPAN: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 47 JAPAN: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.2.4.3 India
                               9.2.4.3.1 Government initiatives to upgrade existing diesel locomotives with electric models to boost electric traction motor market
                                            TABLE 48 INDIA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 49 INDIA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 50 INDIA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 51 INDIA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 52 INDIA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 53 INDIA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.2.4.4 South Korea
                               9.2.4.4.1 Increasing investments in electric vehicles and railway projects to propel demand for electric traction motors
                                            TABLE 54 SOUTH KOREA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 55 SOUTH KOREA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 56 SOUTH KOREA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 57 SOUTH KOREA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 58 SOUTH KOREA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 59 SOUTH KOREA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.2.4.5 Rest of Asia Pacific
                               TABLE 60 REST OF ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                               TABLE 61 REST OF ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                               TABLE 62 REST OF ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                               TABLE 63 REST OF ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                               TABLE 64 REST OF ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                               TABLE 65 REST OF ASIA PACIFIC: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
    9.3 EUROPE
           FIGURE 30 EUROPE: REGIONAL SNAPSHOT
           9.3.1 BY TYPE
                    TABLE 66 EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                    TABLE 67 EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
           9.3.2 BY POWER RATING
                    TABLE 68 EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                    TABLE 69 EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
           9.3.3 BY APPLICATION
                    TABLE 70 EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                    TABLE 71 EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
           9.3.4 BY COUNTRY
                    TABLE 72 EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2016–2019 (USD MILLION)
                    TABLE 73 EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
                    9.3.4.1 UK
                               TABLE 74 UK: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                               TABLE 75 UK: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                               TABLE 76 UK: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                               TABLE 77 UK: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                               TABLE 78 UK: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                               TABLE 79 UK: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.3.4.2 Germany
                               9.3.4.2.1 Renewable energy capacity developments in electric vehicles to drive market
                                            TABLE 80 GERMANY: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 81 GERMANY: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 82 GERMANY: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 83 GERMANY: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 84 GERMANY: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 85 GERMANY: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.3.4.3 Italy
                               9.3.4.3.1 Developments in electric car industry to drive market in Italy
                                            TABLE 86 ITALY: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 87 ITALY: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 88 ITALY: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 89 ITALY: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 90 ITALY: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 91 ITALY: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.3.4.4 France
                               9.3.4.4.1 Increasing investments in electric vehicle charging infrastructure to positively influence demand for electric traction motors in France
                                            TABLE 92 FRANCE: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 93 FRANCE: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 94 FRANCE: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 95 FRANCE: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 96 FRANCE: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 97 FRANCE: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.3.4.5 Rest of Europe
                               TABLE 98 REST OF EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                               TABLE 99 REST OF EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                               TABLE 100 REST OF EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                               TABLE 101 REST OF EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                               TABLE 102 REST OF EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                               TABLE 103 REST OF EUROPE: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
    9.4 NORTH AMERICA
           9.4.1 BY TYPE
                    TABLE 104 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                    TABLE 105 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
           9.4.2 BY POWER RATING
                    TABLE 106 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                    TABLE 107 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
           9.4.3 BY APPLICATION
                    TABLE 108 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                    TABLE 109 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
           9.4.4 BY COUNTRY
                    TABLE 110 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2016–2019 (USD MILLION)
                    TABLE 111 NORTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
                    9.4.4.1 US
                               9.4.4.1.1 Electric vehicles segment to drive demand in US market
                                            TABLE 112 US: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 113 US: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 114 US: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 115 US: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 116 US: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 117 US: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.4.4.2 Canada
                               9.4.4.2.1 Investment in electric vehicles and fuel-efficient locomotives to benefit Canadian market
                                            TABLE 118 CANADA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 119 CANADA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 120 CANADA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 121 CANADA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 122 CANADA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 123 CANADA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.4.4.3 Mexico
                               9.4.4.3.1 Rising focus on decarbonization of transport sector to support market growth in Mexico
                                            TABLE 124 MEXICO: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 125 MEXICO: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 126 MEXICO: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 127 MEXICO: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 128 MEXICO: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 129 MEXICO: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
    9.5 MIDDLE EAST & AFRICA
           9.5.1 BY TYPE
                    TABLE 130 MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                    TABLE 131 MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
           9.5.2 BY POWER RATING
                    TABLE 132 MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                    TABLE 133 MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
           9.5.3 BY APPLICATION
                    TABLE 134 MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                    TABLE 135 MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
           9.5.4 BY COUNTRY
                    TABLE 136 MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2016–2019 (USD MILLION)
                    TABLE 137 MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
                    9.5.4.1 Saudi Arabia
                               9.5.4.1.1 Increasing rate of traffic congestion and rising demand for better transport facilities to drive market in Saudi Arabia
                                            TABLE 138 SAUDI ARABIA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 139 SAUDI ARABIA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 140 SAUDI ARABIA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 141 SAUDI ARABIA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 142 SAUDI ARABIA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 143 SAUDI ARABIA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.5.4.2 UAE
                               9.5.4.2.1 Government initiatives to reduce greenhouse emissions to aid market growth in UAE
                                            TABLE 144 UAE: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 145 UAE: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 146 UAE: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 147 UAE: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 148 UAE: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 149 UAE: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.5.4.3 South Africa
                               9.5.4.3.1 Increasing investment in railway sector to help grow market in South Africa
                                            TABLE 150 SOUTH AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 151 SOUTH AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 152 SOUTH AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 153 SOUTH AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 154 SOUTH AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 155 SOUTH AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.5.4.4 Rest of Middle East & Africa
                               TABLE 156 REST OF MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                               TABLE 157 REST OF MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                               TABLE 158 REST OF MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                               TABLE 159 REST OF MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                               TABLE 160 REST OF MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                               TABLE 161 REST OF MIDDLE EAST & AFRICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
    9.6 SOUTH AMERICA
           9.6.1 BY TYPE
                    TABLE 162 SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                    TABLE 163 SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
           9.6.2 BY POWER RATING
                    TABLE 164 SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                    TABLE 165 SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
           9.6.3 BY APPLICATION
                    TABLE 166 SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                    TABLE 167 SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
           9.6.4 BY COUNTRY
                    TABLE 168 SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2016–2019 (USD MILLION)
                    TABLE 169 SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY COUNTRY, 2020–2027 (USD MILLION)
                    9.6.4.1 Brazil
                               9.6.4.1.1 Robust development of transportation sector and increased demand for electric traction motors to boost Brazilian market
                                            TABLE 170 BRAZIL: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                                            TABLE 171 BRAZIL: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                                            TABLE 172 BRAZIL: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                                            TABLE 173 BRAZIL: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                                            TABLE 174 BRAZIL: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                                            TABLE 175 BRAZIL: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)
                    9.6.4.2 Rest of South America
                               TABLE 176 REST OF SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2016–2019 (USD MILLION)
                               TABLE 177 REST OF SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY TYPE, 2020–2027 (USD MILLION)
                               TABLE 178 REST OF SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2016–2019 (USD MILLION)
                               TABLE 179 REST OF SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY POWER RATING, 2020–2027 (USD MILLION)
                               TABLE 180 REST OF SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2016–2019 (USD MILLION)
                               TABLE 181 REST OF SOUTH AMERICA: ELECTRIC TRACTION MOTOR MARKET, BY APPLICATION, 2020–2027 (USD MILLION)

10 COMPETITIVE LANDSCAPE (Page No. - 134)
     10.1 OVERVIEW
             FIGURE 31 KEY DEVELOPMENTS IN ELECTRIC TRACTION MOTOR MARKET, 2018 TO 2022
     10.2 SHARE ANALYSIS OF KEY PLAYERS, 2021
             TABLE 182 ELECTRIC TRACTION MOTOR MARKET: DEGREE OF COMPETITION
             FIGURE 32 SHARE ANALYSIS OF TOP PLAYERS IN ELECTRIC TRACTION MOTOR MARKET, 2021
     10.3 SEGMENTAL REVENUE ANALYSIS OF TOP MARKET PLAYERS
             FIGURE 33 SEGMENTAL REVENUE ANALYSIS, 2018–2021
     10.4 RECENT DEVELOPMENTS
             10.4.1 DEALS
                        10.4.1.1 Electric traction motor market: Deals, 2018–2022
             10.4.2 OTHERS
                        10.4.2.1 Electric traction motor market: Others, 2018–2022
     10.5 COMPETITIVE LEADERSHIP MAPPING
             10.5.1 STARS
             10.5.2 EMERGING LEADERS
             10.5.3 PERVASIVE PLAYERS
             10.5.4 PARTICIPANTS
                        FIGURE 34 ELECTRIC TRACTION MOTOR MARKET: COMPETITIVE LEADERSHIP MAPPING, 2021

11 COMPANY PROFILES (Page No. - 140)
     11.1 KEY COMPANIES
(Business and financial overview, Products/solutions/services offered, Recent Developments, MNM view)* 
             11.1.1 TOSHIBA CORPORATION
                        TABLE 183 TOSHIBA CORPORATION: BUSINESS OVERVIEW
                        FIGURE 35 TOSHIBA CORPORATION: COMPANY SNAPSHOT
             11.1.2 GENERAL ELECTRIC
                        TABLE 184 GENERAL ELECTRIC: BUSINESS OVERVIEW
                        FIGURE 36 GENERAL ELECTRIC: COMPANY SNAPSHOT
             11.1.3 SIEMENS
                        TABLE 185 SIEMENS: BUSINESS OVERVIEW
                        FIGURE 37 SIEMENS: COMPANY SNAPSHOT
             11.1.4 AMETEK, INC.
                        TABLE 186 AMETEK, INC.: BUSINESS OVERVIEW
                        FIGURE 38 AMETEK, INC.: COMPANY SNAPSHOT
             11.1.5 ABB
                        TABLE 187 ABB: BUSINESS OVERVIEW
                        FIGURE 39 ABB: COMPANY SNAPSHOT
             11.1.6 EATON
                        TABLE 188 EATON: BUSINESS OVERVIEW
                        FIGURE 40 EATON: COMPANY SNAPSHOT
             11.1.7 VOITH GMBH & CO. KGAA
                        TABLE 189 VOITH GMBH & CO. KGAA: BUSINESS OVERVIEW
                        FIGURE 41 VOITH GMBH & CO. KGAA: COMPANY SNAPSHOT
             11.1.8 KAWASAKI HEAVY INDUSTRIES
                        TABLE 190 KAWASAKI HEAVY INDUSTRIES: BUSINESS OVERVIEW
                        FIGURE 42 KAWASAKI HEAVY INDUSTRIES: COMPANY SNAPSHOT
             11.1.9 TRAKTIONSSYSTEME AUSTRIA GMBH
                        TABLE 191 TRAKTIONSSYSTEME AUSTRIA GMBH: BUSINESS OVERVIEW
             11.1.10 MITSUBISHI ELECTRIC CORPORATION
                        TABLE 192 MITSUBISHI ELECTRIC CORPORATION: BUSINESS OVERVIEW
                        FIGURE 43 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
             11.1.11 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED
                        TABLE 193 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED: BUSINESS OVERVIEW
                        FIGURE 44 CG POWER AND INDUSTRIAL SOLUTIONS LIMITED: COMPANY SNAPSHOT
             11.1.12 CRRC CORPORATION LIMITED
                        TABLE 194 CRRC CORPORATION LIMITED: BUSINESS OVERVIEW
                        FIGURE 45 CRRC CORPORATION LIMITED: COMPANY SNAPSHOT
             11.1.13 ROBERT BOSCH GMBH
                        TABLE 195 ROBERT BOSCH GMBH: BUSINESS OVERVIEW
                        FIGURE 46 ROBERT BOSCH GMBH: COMPANY SNAPSHOT
             11.1.14 NIDEC CORPORATION
                        TABLE 196 NIDEC CORPORATION: BUSINESS OVERVIEW
                        FIGURE 47 NIDEC CORPORATION: COMPANY SNAPSHOT
             11.1.15 WEG
                        TABLE 197 WEG: BUSINESS OVERVIEW
                        FIGURE 48 WEG: COMPANY SNAPSHOT
*Details on Business and financial overview, Products/solutions/services offered, Recent Developments, MNM view might not be captured in case of unlisted companies.  
     11.2 OTHER PLAYERS
             11.2.1 AMERICAN TRACTION SYSTEMS
             11.2.2 HITACHI INDUSTRIAL PRODUCTS, LTD.
             11.2.3 HYUNDAI ROTEM
             11.2.4 ŠKODA TRANSPORTATION A.S.
             11.2.5 VEM GROUP

12 APPENDIX (Page No. - 182)
     12.1 INSIGHTS FROM INDUSTRY EXPERTS
     12.2 DISCUSSION GUIDE
     12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     12.4 AVAILABLE CUSTOMIZATIONS
     12.5 RELATED REPORTS
     12.6 AUTHOR DETAILS