Global Electric Traction Motor Market valued approximately USD 7.9 billion in 2016 is anticipated to grow with a healthy growth rate of more than 17.5% over the forecast period 2017-2025. Key factors for the success of electric traction motors are; growing demand from the railway sector, increasing production of electric vehicles, government support, saving the fuel and decreasing the reliance on foreign oil across the globe. Market segmentation for this report is done on the basis of types into AC or DC and AC is the fastest growing segment in the electric traction motor market.

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.

The detailed segments and sub-segment of the market are explained below:

By Type:

  • AC Traction Motors
  • DC Traction Motors

By Power Rating:

  • <200 kW
  • 200 kW to 400 kW
  • >400 kW

By Application:

  • Railway
  • ·Locomotives
  • ·Rapid Transit Vehicles
  • ·Railroad Cars
  • Electric Vehicles
  • ·Hybrid Electric Vehicles
  • ·Battery Electric Vehicles
  • ·Plug-in Electric Vehicles
  • ·Fuel Cell Vehicles
  • Others

By Regions:

  • North America
  • ·U.S.
  • ·Canada
  • Europe
  • ·UK
  • ·Germany
  • Asia Pacific
  • ·China
  • ·India
  • ·Japan
  • Latin America
  • ·Brazil
  • ·Mexico
  • Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2015
Base year – 2016
Forecast period – 2017 to 2025

Some of the key manufacturers involved in the market are Crrc, Alstom
Traktionssyseme, Austria, Siemens, ABB. Acquisitions and effective mergers are some of the strategies adopted by the key manufacturers. New product launches and continuous technological innovations are the key strategies adopted by the major players.

Target Audience of the Global Electric Traction Motor Market in Market Study:

  • Key Consulting Companies & Advisors
  • Large, medium-sized, and small enterprises
  • Venture capitalists
  • Value-Added Resellers (VARs)
  • Third-party knowledge providers
  • Investment bankers
  • Investors