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Home Semiconductor & Electronics Traction Motor Market Size, Share & Growth Analysis Report 2031

Traction Motor Market

Traction Motor Market Size, Share & Trends Analysis Report By Application (Railways, Electric Vehicles, Industrial Vehicles), By Type (DC Traction Motor, AC Traction Motor, Synchronous Motor), By Power Rating (Less than 200 kW, 200–400 kW, More than 400 kW) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2023-2031

Report Code: SRSE54196DR
Study Period 2019-2031 CAGR 13.9%
Historical Period 2019-2021 Forecast Period 2023-2031
Base Year 2022 Base Year Market Size USD 15.87 Billion
Forecast Year 2031 Forecast Year Market Size USD 51.2 Billion
Largest Market Asia Pacific Fastest Growing Market Europe
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Market Segmentation

  1. Traction Motor Market, By Application (2021-2031)
    1. Railways
    2. Electric Vehicles
    3. Industrial Vehicles
  2. Traction Motor Market, By Type (2021-2031)
    1. DC Traction Motor
    2. AC Traction Motor
    3. Synchronous Motor
  3. Traction Motor Market, By Power Rating (2021-2031)
    1. Less than 200 kW
    2. 200–400 kW
    3. More than 400 kW
    1. North America
      1. North America Traction Motor Market, By Application
        1. Railways
          1. Electric Vehicles
            1. Industrial Vehicles
            2. North America Traction Motor Market, By Type
              1. DC Traction Motor
                1. AC Traction Motor
                  1. Synchronous Motor
                  2. North America Traction Motor Market, By Power Rating
                    1. Less than 200 kW
                      1. 200–400 kW
                        1. More than 400 kW
                        2. U.S.
                          1. U.S. Traction Motor Market, By Application
                            1. Railways
                              1. Electric Vehicles
                                1. Industrial Vehicles
                                2. U.S. Traction Motor Market, By Type
                                  1. DC Traction Motor
                                    1. AC Traction Motor
                                      1. Synchronous Motor
                                      2. U.S. Traction Motor Market, By Power Rating
                                        1. Less than 200 kW
                                          1. 200–400 kW
                                            1. More than 400 kW
                                          2. Canada
                                        2. Europe
                                          1. Europe Traction Motor Market, By Application
                                            1. Railways
                                              1. Electric Vehicles
                                                1. Industrial Vehicles
                                                2. Europe Traction Motor Market, By Type
                                                  1. DC Traction Motor
                                                    1. AC Traction Motor
                                                      1. Synchronous Motor
                                                      2. Europe Traction Motor Market, By Power Rating
                                                        1. Less than 200 kW
                                                          1. 200–400 kW
                                                            1. More than 400 kW
                                                            2. U.K.
                                                              1. U.K. Traction Motor Market, By Application
                                                                1. Railways
                                                                  1. Electric Vehicles
                                                                    1. Industrial Vehicles
                                                                    2. U.K. Traction Motor Market, By Type
                                                                      1. DC Traction Motor
                                                                        1. AC Traction Motor
                                                                          1. Synchronous Motor
                                                                          2. U.K. Traction Motor Market, By Power Rating
                                                                            1. Less than 200 kW
                                                                              1. 200–400 kW
                                                                                1. More than 400 kW
                                                                              2. Germany
                                                                              3. France
                                                                              4. Spain
                                                                              5. Italy
                                                                              6. Russia
                                                                              7. Nordic
                                                                              8. Benelux
                                                                              9. Rest of Europe
                                                                            2. APAC
                                                                              1. APAC Traction Motor Market, By Application
                                                                                1. Railways
                                                                                  1. Electric Vehicles
                                                                                    1. Industrial Vehicles
                                                                                    2. APAC Traction Motor Market, By Type
                                                                                      1. DC Traction Motor
                                                                                        1. AC Traction Motor
                                                                                          1. Synchronous Motor
                                                                                          2. APAC Traction Motor Market, By Power Rating
                                                                                            1. Less than 200 kW
                                                                                              1. 200–400 kW
                                                                                                1. More than 400 kW
                                                                                                2. China
                                                                                                  1. China Traction Motor Market, By Application
                                                                                                    1. Railways
                                                                                                      1. Electric Vehicles
                                                                                                        1. Industrial Vehicles
                                                                                                        2. China Traction Motor Market, By Type
                                                                                                          1. DC Traction Motor
                                                                                                            1. AC Traction Motor
                                                                                                              1. Synchronous Motor
                                                                                                              2. China Traction Motor Market, By Power Rating
                                                                                                                1. Less than 200 kW
                                                                                                                  1. 200–400 kW
                                                                                                                    1. More than 400 kW
                                                                                                                  2. Korea
                                                                                                                  3. Japan
                                                                                                                  4. India
                                                                                                                  5. Australia
                                                                                                                  6. Taiwan
                                                                                                                  7. South East Asia
                                                                                                                  8. Rest of Asia-Pacific
                                                                                                                2. Middle East and Africa
                                                                                                                  1. Middle East and Africa Traction Motor Market, By Application
                                                                                                                    1. Railways
                                                                                                                      1. Electric Vehicles
                                                                                                                        1. Industrial Vehicles
                                                                                                                        2. Middle East and Africa Traction Motor Market, By Type
                                                                                                                          1. DC Traction Motor
                                                                                                                            1. AC Traction Motor
                                                                                                                              1. Synchronous Motor
                                                                                                                              2. Middle East and Africa Traction Motor Market, By Power Rating
                                                                                                                                1. Less than 200 kW
                                                                                                                                  1. 200–400 kW
                                                                                                                                    1. More than 400 kW
                                                                                                                                    2. UAE
                                                                                                                                      1. UAE Traction Motor Market, By Application
                                                                                                                                        1. Railways
                                                                                                                                          1. Electric Vehicles
                                                                                                                                            1. Industrial Vehicles
                                                                                                                                            2. UAE Traction Motor Market, By Type
                                                                                                                                              1. DC Traction Motor
                                                                                                                                                1. AC Traction Motor
                                                                                                                                                  1. Synchronous Motor
                                                                                                                                                  2. UAE Traction Motor Market, By Power Rating
                                                                                                                                                    1. Less than 200 kW
                                                                                                                                                      1. 200–400 kW
                                                                                                                                                        1. More than 400 kW
                                                                                                                                                      2. Turkey
                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                      4. South Africa
                                                                                                                                                      5. Egypt
                                                                                                                                                      6. Nigeria
                                                                                                                                                      7. Rest of MEA
                                                                                                                                                    2. LATAM
                                                                                                                                                      1. LATAM Traction Motor Market, By Application
                                                                                                                                                        1. Railways
                                                                                                                                                          1. Electric Vehicles
                                                                                                                                                            1. Industrial Vehicles
                                                                                                                                                            2. LATAM Traction Motor Market, By Type
                                                                                                                                                              1. DC Traction Motor
                                                                                                                                                                1. AC Traction Motor
                                                                                                                                                                  1. Synchronous Motor
                                                                                                                                                                  2. LATAM Traction Motor Market, By Power Rating
                                                                                                                                                                    1. Less than 200 kW
                                                                                                                                                                      1. 200–400 kW
                                                                                                                                                                        1. More than 400 kW
                                                                                                                                                                        2. Brazil
                                                                                                                                                                          1. Brazil Traction Motor Market, By Application
                                                                                                                                                                            1. Railways
                                                                                                                                                                              1. Electric Vehicles
                                                                                                                                                                                1. Industrial Vehicles
                                                                                                                                                                                2. Brazil Traction Motor Market, By Type
                                                                                                                                                                                  1. DC Traction Motor
                                                                                                                                                                                    1. AC Traction Motor
                                                                                                                                                                                      1. Synchronous Motor
                                                                                                                                                                                      2. Brazil Traction Motor Market, By Power Rating
                                                                                                                                                                                        1. Less than 200 kW
                                                                                                                                                                                          1. 200–400 kW
                                                                                                                                                                                            1. More than 400 kW
                                                                                                                                                                                          2. Mexico
                                                                                                                                                                                          3. Argentina
                                                                                                                                                                                          4. Chile
                                                                                                                                                                                          5. Colombia
                                                                                                                                                                                          6. Rest of LATAM

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