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Electric Traction Motor Market Analysis by Top Key Market Players, Key Regions, Product Segments, and Applications 2025

Selbyville, Delaware: The newly released research at Market Study Report titled “2020-2025 Global Electric Traction Motor Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

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.

Request Sample Copy Of Report At: https://www.marketstudyreport.com/request-a-sample/2453204/utm_source=marketwatch.com&utm_medium=TS

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

o Locomotives

o Rapid Transit Vehicles

o Railroad Cars

 Electric Vehicles

o Hybrid Electric Vehicles

o Battery Electric Vehicles

o Plug-in Electric Vehicles

o Fuel Cell Vehicles

Others

By Regions:

North America

Europe

Asia Pacific

Latin America

Rest of the World

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.

Full Report Summary At: https://www.marketstudyreport.com/reports/global-electric-traction-motor-market-size-research?utm_source=marketwatch.com&utm_medium=TS

Related Report:

Global Advanced Metering Infrastructure Market Size study, by Device (Smart Meters) By Solution (Meter Data Management, Meter Data Analytics, Advanced Metering Infrastructure Security, Meter Communication Infrastructure) By Service (System Integration, Meter Deployment, Program Management and Consulting) and Regional Forecasts 2019-2026

Global Advanced Metering Infrastructure Market is valued approximately USD 6.8 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 15.50% over the forecast period 2019-2026. Advanced metering infrastructure (AMI) is an assimilated formation of communications networks, smart meters, and data management systems that allows two-way communication among customers and utilities.

https://www.marketstudyreport.com/reports/global-advanced-metering-infrastructure-market-size-research

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