Global Traction Motor Market Size, Manufacturers, Opportunities and Forecast to 2030

Global Traction Motor Market Size, Manufacturers, Opportunities and Forecast to 2030


Summary

A traction motor is an electric motor used for propulsion of a vehicle, such as an electric locomotive or electric roadway vehicle.
According to APO Research, The global Traction Motor market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.
North American market for Traction Motor is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Asia-Pacific market for Traction Motor is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
Europe market for Traction Motor is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The major global manufacturers of Traction Motor include BYD, ZF, Nissan, Continental AG, Meidensha, Broad-Ocean, Jing-Jin Electric Technologies, BMW and BOSCH, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Traction Motor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Traction Motor.
The Traction Motor market size, estimations, and forecasts are provided in terms of sales volume (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Traction Motor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:

BYD
ZF
Nissan
Continental AG
Meidensha
Broad-Ocean
Jing-Jin Electric Technologies
BMW
BOSCH
Fukuta
Dajun Tech
Hitachi Automotive Systems
Remy International
Magna
Deyang Electrics
Greatland Electrics
Traction Motor segment by Type

AC Induction Motor
Permanent Magnet Motor
Other Types
Traction Motor segment by Application

Passenger cars
Commercial vehicles
Others
Traction Motor Segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Traction Motor market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Traction Motor and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Traction Motor.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Traction Motor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Traction Motor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights of the report.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Traction Motor Market Size Estimates and Forecasts (2019-2030)
1.2.2 Global Traction Motor Sales Estimates and Forecasts (2019-2030)
1.3 Traction Motor Market by Type
1.3.1 AC Induction Motor
1.3.2 Permanent Magnet Motor
1.3.3 Other Types
1.4 Global Traction Motor Market Size by Type
1.4.1 Global Traction Motor Market Size Overview by Type (2019-2030)
1.4.2 Global Traction Motor Historic Market Size Review by Type (2019-2024)
1.4.3 Global Traction Motor Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
1.5.1 North America Traction Motor Sales Breakdown by Type (2019-2024)
1.5.2 Europe Traction Motor Sales Breakdown by Type (2019-2024)
1.5.3 Asia-Pacific Traction Motor Sales Breakdown by Type (2019-2024)
1.5.4 Latin America Traction Motor Sales Breakdown by Type (2019-2024)
1.5.5 Middle East and Africa Traction Motor Sales Breakdown by Type (2019-2024)
2 Global Market Dynamics
2.1 Traction Motor Industry Trends
2.2 Traction Motor Industry Drivers
2.3 Traction Motor Industry Opportunities and Challenges
2.4 Traction Motor Industry Restraints
3 Market Competitive Landscape by Company
3.1 Global Top Players by Traction Motor Revenue (2019-2024)
3.2 Global Top Players by Traction Motor Sales (2019-2024)
3.3 Global Top Players by Traction Motor Price (2019-2024)
3.4 Global Traction Motor Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Traction Motor Key Company Manufacturing Sites & Headquarters
3.6 Global Traction Motor Company, Product Type & Application
3.7 Global Traction Motor Company Commercialization Time
3.8 Market Competitive Analysis
3.8.1 Global Traction Motor Market CR5 and HHI
3.8.2 Global Top 5 and 10 Traction Motor Players Market Share by Revenue in 2023
3.8.3 2023 Traction Motor Tier 1, Tier 2, and Tier 3
4 Traction Motor Regional Status and Outlook
4.1 Global Traction Motor Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Traction Motor Historic Market Size by Region
4.2.1 Global Traction Motor Sales in Volume by Region (2019-2024)
4.2.2 Global Traction Motor Sales in Value by Region (2019-2024)
4.2.3 Global Traction Motor Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Traction Motor Forecasted Market Size by Region
4.3.1 Global Traction Motor Sales in Volume by Region (2025-2030)
4.3.2 Global Traction Motor Sales in Value by Region (2025-2030)
4.3.3 Global Traction Motor Sales (Volume & Value), Price and Gross Margin (2025-2030)
5 Traction Motor by Application
5.1 Traction Motor Market by Application
5.1.1 Passenger cars
5.1.2 Commercial vehicles
5.1.3 Others
5.2 Global Traction Motor Market Size by Application
5.2.1 Global Traction Motor Market Size Overview by Application (2019-2030)
5.2.2 Global Traction Motor Historic Market Size Review by Application (2019-2024)
5.2.3 Global Traction Motor Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
5.3.1 North America Traction Motor Sales Breakdown by Application (2019-2024)
5.3.2 Europe Traction Motor Sales Breakdown by Application (2019-2024)
5.3.3 Asia-Pacific Traction Motor Sales Breakdown by Application (2019-2024)
5.3.4 Latin America Traction Motor Sales Breakdown by Application (2019-2024)
5.3.5 Middle East and Africa Traction Motor Sales Breakdown by Application (2019-2024)
6 Company Profiles
6.1 BYD
6.1.1 BYD Comapny Information
6.1.2 BYD Business Overview
6.1.3 BYD Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.1.4 BYD Traction Motor Product Portfolio
6.1.5 BYD Recent Developments
6.2 ZF
6.2.1 ZF Comapny Information
6.2.2 ZF Business Overview
6.2.3 ZF Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.2.4 ZF Traction Motor Product Portfolio
6.2.5 ZF Recent Developments
6.3 Nissan
6.3.1 Nissan Comapny Information
6.3.2 Nissan Business Overview
6.3.3 Nissan Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.3.4 Nissan Traction Motor Product Portfolio
6.3.5 Nissan Recent Developments
6.4 Continental AG
6.4.1 Continental AG Comapny Information
6.4.2 Continental AG Business Overview
6.4.3 Continental AG Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.4.4 Continental AG Traction Motor Product Portfolio
6.4.5 Continental AG Recent Developments
6.5 Meidensha
6.5.1 Meidensha Comapny Information
6.5.2 Meidensha Business Overview
6.5.3 Meidensha Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.5.4 Meidensha Traction Motor Product Portfolio
6.5.5 Meidensha Recent Developments
6.6 Broad-Ocean
6.6.1 Broad-Ocean Comapny Information
6.6.2 Broad-Ocean Business Overview
6.6.3 Broad-Ocean Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.6.4 Broad-Ocean Traction Motor Product Portfolio
6.6.5 Broad-Ocean Recent Developments
6.7 Jing-Jin Electric Technologies
6.7.1 Jing-Jin Electric Technologies Comapny Information
6.7.2 Jing-Jin Electric Technologies Business Overview
6.7.3 Jing-Jin Electric Technologies Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.7.4 Jing-Jin Electric Technologies Traction Motor Product Portfolio
6.7.5 Jing-Jin Electric Technologies Recent Developments
6.8 BMW
6.8.1 BMW Comapny Information
6.8.2 BMW Business Overview
6.8.3 BMW Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.8.4 BMW Traction Motor Product Portfolio
6.8.5 BMW Recent Developments
6.9 BOSCH
6.9.1 BOSCH Comapny Information
6.9.2 BOSCH Business Overview
6.9.3 BOSCH Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.9.4 BOSCH Traction Motor Product Portfolio
6.9.5 BOSCH Recent Developments
6.10 Fukuta
6.10.1 Fukuta Comapny Information
6.10.2 Fukuta Business Overview
6.10.3 Fukuta Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.10.4 Fukuta Traction Motor Product Portfolio
6.10.5 Fukuta Recent Developments
6.11 Dajun Tech
6.11.1 Dajun Tech Comapny Information
6.11.2 Dajun Tech Business Overview
6.11.3 Dajun Tech Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.11.4 Dajun Tech Traction Motor Product Portfolio
6.11.5 Dajun Tech Recent Developments
6.12 Hitachi Automotive Systems
6.12.1 Hitachi Automotive Systems Comapny Information
6.12.2 Hitachi Automotive Systems Business Overview
6.12.3 Hitachi Automotive Systems Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.12.4 Hitachi Automotive Systems Traction Motor Product Portfolio
6.12.5 Hitachi Automotive Systems Recent Developments
6.13 Remy International
6.13.1 Remy International Comapny Information
6.13.2 Remy International Business Overview
6.13.3 Remy International Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.13.4 Remy International Traction Motor Product Portfolio
6.13.5 Remy International Recent Developments
6.14 Magna
6.14.1 Magna Comapny Information
6.14.2 Magna Business Overview
6.14.3 Magna Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.14.4 Magna Traction Motor Product Portfolio
6.14.5 Magna Recent Developments
6.15 Deyang Electrics
6.15.1 Deyang Electrics Comapny Information
6.15.2 Deyang Electrics Business Overview
6.15.3 Deyang Electrics Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.15.4 Deyang Electrics Traction Motor Product Portfolio
6.15.5 Deyang Electrics Recent Developments
6.16 Greatland Electrics
6.16.1 Greatland Electrics Comapny Information
6.16.2 Greatland Electrics Business Overview
6.16.3 Greatland Electrics Traction Motor Sales, Revenue and Gross Margin (2019-2024)
6.16.4 Greatland Electrics Traction Motor Product Portfolio
6.16.5 Greatland Electrics Recent Developments
7 North America by Country
7.1 North America Traction Motor Sales by Country
7.1.1 North America Traction Motor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.1.2 North America Traction Motor Sales by Country (2019-2024)
7.1.3 North America Traction Motor Sales Forecast by Country (2025-2030)
7.2 North America Traction Motor Market Size by Country
7.2.1 North America Traction Motor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
7.2.2 North America Traction Motor Market Size by Country (2019-2024)
7.2.3 North America Traction Motor Market Size Forecast by Country (2025-2030)
8 Europe by Country
8.1 Europe Traction Motor Sales by Country
8.1.1 Europe Traction Motor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.1.2 Europe Traction Motor Sales by Country (2019-2024)
8.1.3 Europe Traction Motor Sales Forecast by Country (2025-2030)
8.2 Europe Traction Motor Market Size by Country
8.2.1 Europe Traction Motor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
8.2.2 Europe Traction Motor Market Size by Country (2019-2024)
8.2.3 Europe Traction Motor Market Size Forecast by Country (2025-2030)
9 Asia-Pacific by Country
9.1 Asia-Pacific Traction Motor Sales by Country
9.1.1 Asia-Pacific Traction Motor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.1.2 Asia-Pacific Traction Motor Sales by Country (2019-2024)
9.1.3 Asia-Pacific Traction Motor Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Traction Motor Market Size by Country
9.2.1 Asia-Pacific Traction Motor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
9.2.2 Asia-Pacific Traction Motor Market Size by Country (2019-2024)
9.2.3 Asia-Pacific Traction Motor Market Size Forecast by Country (2025-2030)
10 Latin America by Country
10.1 Latin America Traction Motor Sales by Country
10.1.1 Latin America Traction Motor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.1.2 Latin America Traction Motor Sales by Country (2019-2024)
10.1.3 Latin America Traction Motor Sales Forecast by Country (2025-2030)
10.2 Latin America Traction Motor Market Size by Country
10.2.1 Latin America Traction Motor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
10.2.2 Latin America Traction Motor Market Size by Country (2019-2024)
10.2.3 Latin America Traction Motor Market Size Forecast by Country (2025-2030)
11 Middle East and Africa by Country
11.1 Middle East and Africa Traction Motor Sales by Country
11.1.1 Middle East and Africa Traction Motor Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.1.2 Middle East and Africa Traction Motor Sales by Country (2019-2024)
11.1.3 Middle East and Africa Traction Motor Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Traction Motor Market Size by Country
11.2.1 Middle East and Africa Traction Motor Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
11.2.2 Middle East and Africa Traction Motor Market Size by Country (2019-2024)
11.2.3 Middle East and Africa Traction Motor Market Size Forecast by Country (2025-2030)
12 Value Chain and Sales Channels Analysis
12.1 Traction Motor Value Chain Analysis
12.1.1 Traction Motor Key Raw Materials
12.1.2 Key Raw Materials Price
12.1.3 Raw Materials Key Suppliers
12.1.4 Manufacturing Cost Structure
12.1.5 Traction Motor Production Mode & Process
12.2 Traction Motor Sales Channels Analysis
12.2.1 Direct Comparison with Distribution Share
12.2.2 Traction Motor Distributors
12.2.3 Traction Motor Customers
13 Concluding Insights
14 Appendix
14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
14.5.1 Secondary Sources
14.5.2 Primary Sources
14.6 Disclaimer

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