Global Railway Trains Traction Motor Market Growth 2025-2031

The global Railway Trains Traction Motor market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

Railway trains traction motors are electric motors used to provide propulsion to locomotives and railway vehicles. These motors play a crucial role in converting electrical energy into mechanical energy to move trains. They are typically powered by electricity from overhead lines (catenary system) or an onboard diesel generator. Traction motors are integral components of electric and diesel-electric locomotives and are found in multiple units, trams, and some high-speed trains. The market for railway trains traction motors is closely tied to the railway industry"s growth and modernization efforts.

According to the data of China Association of Metros, by the end of 2022, 55 cities in mainland China have opened urban rail transit and 308 operating lines. The total length of operating lines is 10287.45 km, ranking first in the world and accounting for 26.2% of the total global mileage. 1080.63 km of new operating lines were added in 2022. By the end of 2022, 545 cities in 78 countries and regions will have opened urban rail transit, with more than 41,386.12 km of operational mileage. Compared to 2021, the total mileage of urban rail transit worldwide would increase by 4,531.92 km, an increase of 11.0%, of which 1,293.45 km of subway mileage, 788.11 km of light rail mileage and 2,450.36 km of tram mileage would increase, accounting for 28.5%, 17.4% and 54.1% of the total increase respectively.

LP Information, Inc. (LPI) ' newest research report, the “Railway Trains Traction Motor Industry Forecast” looks at past sales and reviews total world Railway Trains Traction Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Railway Trains Traction Motor sales for 2025 through 2031. With Railway Trains Traction Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Railway Trains Traction Motor industry.

This Insight Report provides a comprehensive analysis of the global Railway Trains Traction Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Railway Trains Traction Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Railway Trains Traction Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Railway Trains Traction Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Railway Trains Traction Motor.

This report presents a comprehensive overview, market shares, and growth opportunities of Railway Trains Traction Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
DC Traction Motor
AC Traction Motor
Synchronous AC Traction Motor

Segmentation by Application:
Diesel Locomotive
Electric Multiple Units
Electric Locomotives
Diesel-electric Locomotives

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB Group
ALSTOM
BHEL
Bombardier
Hyundai Rotem Company
Mitsubishi Electric Corporation
Saini Group
Siemens
Sulzer Ltd.
VEM Group

Key Questions Addressed in this Report

What is the 10-year outlook for the global Railway Trains Traction Motor market?

What factors are driving Railway Trains Traction Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Railway Trains Traction Motor market opportunities vary by end market size?

How does Railway Trains Traction Motor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.