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The Global Electric Traction Motor market is expected to reach $50.98 billion by 2026 growing at a CAGR of 19.2% during 2018 to 2026. Electrical traction is defined as the structure that uses electrical power for grip system such as railway, trams, and trolleys. It is utilized to make rotary motion torque on a machine. Rising demand for energy-efficient motors is fuelling the market growth. However, high-cost of raw materials is restraining the market growth. In addition, increasing focus on electric vehicles acts as an opportunity during the forecast period. Depending on Type, AC traction motors segment acquired considerable growth in the market. This motor commonly consists of two crucial parts, an outside stator having coils supplied with flashing current to produce a rotating attractive field, and an inside rotor close to the output shaft producing a second revolving magnetic field. The key vendors mentioned are ABB, Alstom, Bosch, CG Power, Crrc, General Electric (GE), NIDEC, Siemens, Skoda Electric, Toshiba, Traktionssysteme Austria and Weg Sa. Power Ratings Covered: • >400 kW • 200 kW to 400 kW • <200 kW Types Covered: • DC Traction Motors • AC Traction Motors Applications Covered: • Electric Vehicles • Railway • Conveyors • Industrial Machinery • Elevators • Other Application Regions Covered: • North America • Europe • Asia Pacific • South America • Middle East & Africa Key Questions Answered in this Report: • How this market evolved since the year 2016 • Market size estimations, forecasts and CAGR for all the segments presented in the scope • Key Market Developments and financials of the key players • Opportunity Analysis for the new entrants • SWOT Analysis of the key players • Fastest growing markets analysed during the forecast period
1 Market Synopsis
2 Research Outline
2.1 Research Snapshot
2.2 Research Methodology
2.3 Research Sources
2.3.1 Primary Research Sources
2.3.2 Secondary Research Sources
3 Market Dynamics
3.1 Drivers
3.2 Restraints
4 Market Environment
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electric Traction Motor Market, By Power Rating
5.1 Introduction
5.2 >400 kW
5.3 200 kW to 400 kW
5.4 <200 kW
6 Global Electric Traction Motor Market, By Type
6.1 Introduction
6.2 DC Traction Motors
6.3 AC Traction Motors
7 Global Electric Traction Motor Market, By Application
7.1 Introduction
7.2 Electric Vehicles
7.3 Railway
7.4 Conveyors
7.5 Industrial Machinery
7.6 Elevators
7.7 Other Application
8 Global Electric Traction Motor Market, By Geography
8.1 Introduction
8.2 North America
8.3 Europe
8.4 Asia Pacific
8.5 South America
8.6 Middle East & Africa
9 Strategic Benchmarking
10 Vendors Landscape
10.1 ABB
10.2 Alstom
10.3 Bosch
10.4 CG Power
10.5 Crrc
10.6 General Electric (GE)
10.7 NIDEC
10.8 Siemens
10.9 Skoda Electric
10.10 Toshiba
10.11 Traktionssysteme Austria
10.12 Weg Sa
List of Data Tables
Table 1 Global Electric Traction Motor Market Outlook, By Region (2016-2026) ($MN)
Table 2 Global Electric Traction Motor Market Outlook, By Power Rating (2016-2026) ($MN)
Table 3 Global Electric Traction Motor Market Outlook, By >400 kW (2016-2026) ($MN)
Table 4 Global Electric Traction Motor Market Outlook, By 200 kW to 400 kW (2016-2026) ($MN)
Table 5 Global Electric Traction Motor Market Outlook, By <200 kW (2016-2026) ($MN)
Table 6 Global Electric Traction Motor Market Outlook, By Type (2016-2026) ($MN)
Table 7 Global Electric Traction Motor Market Outlook, By DC Traction Motors (2016-2026) ($MN)
Table 8 Global Electric Traction Motor Market Outlook, By AC Traction Motors (2016-2026) ($MN)
Table 9 Global Electric Traction Motor Market Outlook, By Application (2016-2026) ($MN)
Table 10 Global Electric Traction Motor Market Outlook, By Electric Vehicles (2016-2026) ($MN)
Table 11 Global Electric Traction Motor Market Outlook, By Railway (2016-2026) ($MN)
Table 12 Global Electric Traction Motor Market Outlook, By Conveyors (2016-2026) ($MN)
Table 13 Global Electric Traction Motor Market Outlook, By Industrial Machinery (2016-2026) ($MN)
Table 14 Global Electric Traction Motor Market Outlook, By Elevators (2016-2026) ($MN)
Table 15 Global Electric Traction Motor Market Outlook, By Other Application (2016-2026) ($MN)