The Electric Traction Motor market was valued at $10,284.6 Million in 2020, and is projected to reach $30,172.0 Million by 2029 growing at a CAGR of 12.77% from 2021 to 2029. North America is expected to be the highest contributor to this market, with $3,488.5 Million in 2020, and is anticipated to reach $8,505.2 Million by 2029, registering a CAGR of 10.45%. Asia-Pacific is anticipated to reach $10,193.6 Million by 2029 with the highest CAGR of 15.35%. North America and Asia-Pacific collectively expected to account for about 61.5% share of the Electric Traction Motor market in 2020, with the former constituting around 33.9% share. Asia-Pacific and Europe are expected to witness significant growth rates at a CAGR of 15.35% and 11.98% respectively, during the forecast period. Presently, share of these two segments is estimated to be around 55.1% in the overall Electric Traction Motor market in 2020, and is anticipated to reach 59.7% by 2029. The report provides market intelligence on various market segments and geography, including market size and forecast information. Its primary goals are to deliver a thorough global market intelligence report by providing detailed segmentation, growth rates, market dynamics, industry structure and developments, market situation, and trends. To determine the market size and forecast, we conducted extensive secondary research to gain a comprehensive understanding of the market in each region. In addition, we carried out extensive primary research by conducting interviews with key executives in the industry. These interviews helped us to fill any data gaps identified during the secondary research. We used various secondary sources such as encyclopedias, directories, and databases to gather relevant information for this extensive techno-commercial study. We interviewed selected experts from manufacturers and suppliers to obtain and verify critical information, as well as to assess future prospects. The research team evaluated the reliability of the obtained information before using it. In some cases, a combination of multiple sources was used. Sprout Intelligence conducted an in-depth analysis of the market segmentation, which is a crucial component of our market intelligence reports.
1. 2. Global Electric Traction Motor Market, By Region 2.1.
Overview 2.2.
North America 2.2.1
North America Electric Traction Motor Market, By Application 2.2.2
North America Electric Traction Motor Market, By Type 2.2.3
North America Electric Traction Motor Market, By Power Rating 2.2.4
North America Electric Traction Motor Market, By Country 2.2.4.1
U.S. 2.2.4.1.1
U.S. Electric Traction Motor Market, By Application 2.2.4.1.2
U.S. Electric Traction Motor Market, By Type 2.2.4.1.3
U.S. Electric Traction Motor Market, By Power Rating 2.2.4.2
Canada 2.2.4.2.1
Canada Electric Traction Motor Market, By Application 2.2.4.2.2
Canada Electric Traction Motor Market, By Type 2.2.4.2.3
Canada Electric Traction Motor Market, By Power Rating 2.3.
Europe 2.3.1
Europe Electric Traction Motor Market, By Application 2.3.2
Europe Electric Traction Motor Market, By Type 2.3.3
Europe Electric Traction Motor Market, By Power Rating 2.3.4
Europe Electric Traction Motor Market, By Country 2.3.4.1
Germany 2.3.4.1.1
Germany Electric Traction Motor Market, By Application 2.3.4.1.2
Germany Electric Traction Motor Market, By Type 2.3.4.1.3
Germany Electric Traction Motor Market, By Power Rating 2.3.4.2
U.K. 2.3.4.2.1
U.K. Electric Traction Motor Market, By Application 2.3.4.2.2
U.K. Electric Traction Motor Market, By Type 2.3.4.2.3
U.K. Electric Traction Motor Market, By Power Rating 2.3.4.3
France 2.3.4.3.1
France Electric Traction Motor Market, By Application 2.3.4.3.2
France Electric Traction Motor Market, By Type 2.3.4.3.3
France Electric Traction Motor Market, By Power Rating 2.3.4.4
Italy 2.3.4.4.1
Italy Electric Traction Motor Market, By Application 2.3.4.4.2
Italy Electric Traction Motor Market, By Type 2.3.4.4.3
Italy Electric Traction Motor Market, By Power Rating 2.3.4.5
Spain 2.3.4.5.1
Spain Electric Traction Motor Market, By Application 2.3.4.5.2
Spain Electric Traction Motor Market, By Type 2.3.4.5.3
Spain Electric Traction Motor Market, By Power Rating 2.3.4.6
Rest of Europe 2.3.4.6.1
Rest of Europe Electric Traction Motor Market, By Application 2.3.4.6.2
Rest of Europe Electric Traction Motor Market, By Type 2.3.4.6.3
Rest of Europe Electric Traction Motor Market, By Power Rating 2.4.
Asia-Pacific 2.4.1
Asia-Pacific Electric Traction Motor Market, By Application 2.4.2
Asia-Pacific Electric Traction Motor Market, By Type 2.4.3
Asia-Pacific Electric Traction Motor Market, By Power Rating 2.4.4
Asia-Pacific Electric Traction Motor Market, By Country 2.4.4.1
China 2.4.4.1.1
China Electric Traction Motor Market, By Application 2.4.4.1.2
China Electric Traction Motor Market, By Type 2.4.4.1.3
China Electric Traction Motor Market, By Power Rating 2.4.4.2
Japan 2.4.4.2.1
Japan Electric Traction Motor Market, By Application 2.4.4.2.2
Japan Electric Traction Motor Market, By Type 2.4.4.2.3
Japan Electric Traction Motor Market, By Power Rating 2.4.4.3
South Korea 2.4.4.3.1
South Korea Electric Traction Motor Market, By Application 2.4.4.3.2
South Korea Electric Traction Motor Market, By Type 2.4.4.3.3
South Korea Electric Traction Motor Market, By Power Rating 2.4.4.4
India 2.4.4.4.1
India Electric Traction Motor Market, By Application 2.4.4.4.2
India Electric Traction Motor Market, By Type 2.4.4.4.3
India Electric Traction Motor Market, By Power Rating 2.4.4.5
Indonesia 2.4.4.5.1
Indonesia Electric Traction Motor Market, By Application 2.4.4.5.2
2.4.4.5.3 Indonesia Electric Traction Motor Market, By Power Rating
2.4.4.6 Rest of Asia
2.4.4.6.1 Rest of Asia Electric Traction Motor Market, By Application
2.4.4.6.2 Rest of Asia Electric Traction Motor Market, By Type
2.4.4.6.3 Rest of Asia Electric Traction Motor Market, By Power Rating
2.5. Latin America, Middle East & Africa
2.5.1 Latin America, Middle East & Africa Electric Traction Motor Market, By Application
2.5.2 Latin America, Middle East & Africa Electric Traction Motor Market, By Type
2.5.3 Latin America, Middle East & Africa Electric Traction Motor Market, By Power Rating
2.5.4 Latin America, Middle East & Africa Electric Traction Motor Market, By Country
2.5.4.1 Brazil
2.5.4.1.1 Brazil Electric Traction Motor Market, By Application
2.5.4.1.2 Brazil Electric Traction Motor Market, By Type
2.5.4.1.3 Brazil Electric Traction Motor Market, By Power Rating
2.5.4.2 Mexico
2.5.4.2.1 Mexico Electric Traction Motor Market, By Application
2.5.4.2.2 Mexico Electric Traction Motor Market, By Type
2.5.4.2.3 Mexico Electric Traction Motor Market, By Power Rating
2.5.4.3 South Africa
2.5.4.3.1 South Africa Electric Traction Motor Market, By Application
2.5.4.3.2 South Africa Electric Traction Motor Market, By Type
2.5.4.3.3 South Africa Electric Traction Motor Market, By Power Rating
2.5.4.4 Australia
2.5.4.4.1 Australia Electric Traction Motor Market, By Application
2.5.4.4.2 Australia Electric Traction Motor Market, By Type
2.5.4.4.3 Australia Electric Traction Motor Market, By Power Rating
2.5.4.5 ROW Countries
2.5.4.5.1 ROW Countries Electric Traction Motor Market, By Application
2.5.4.5.2 ROW Countries Electric Traction Motor Market, By Type
2.5.4.5.3 ROW Countries Electric Traction Motor Market, By Power Rating
ROW Countries Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
LIST OF TABLES
TABLE 1. Global Electric Traction Motor Market Value, By Region, 2020-2029, Million USD
TABLE 2. North America Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 3. North America Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 4. North America Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 5. North America Electric Traction Motor Market Value, By Country, 2020-2029, Million USD
TABLE 6. U.S. Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 7. U.S. Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 8. U.S. Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 9. Canada Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 10. Canada Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 11. Canada Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 12. Europe Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 13. Europe Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 14. Europe Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 15. Europe Electric Traction Motor Market Value, By Country, 2020-2029, Million USD
TABLE 16. Germany Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 17. Germany Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 18. Germany Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 19. U.K. Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 20. U.K. Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 21. U.K. Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 22. France Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 23. France Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 24. France Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 25. Italy Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 26. Italy Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 27. Italy Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 28. Spain Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 29. Spain Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 30. Spain Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 31. Rest of Europe Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 32. Rest of Europe Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 33. Rest of Europe Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 34. Asia-Pacific Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 35. Asia-Pacific Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 36. Asia-Pacific Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 37. Asia-Pacific Electric Traction Motor Market Value, By Country, 2020-2029, Million USD
TABLE 38. China Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 39. China Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 40. China Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 41. Japan Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 42. Japan Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 43. Japan Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 44. South Korea Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 45. South Korea Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 46. South Korea Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 47. India Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 48. India Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 49. India Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 50. Indonesia Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 51. Indonesia Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 52. Rest of Asia Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 53. Rest of Asia Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 54. Rest of Asia Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 55. Latin America, Middle East & Africa Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 56. Latin America, Middle East & Africa Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 57. Latin America, Middle East & Africa Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 58. Latin America, Middle East & Africa Electric Traction Motor Market Value, By Country, 2020-2029, Million USD
TABLE 59. Brazil Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 60. Brazil Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 61. Brazil Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 62. Mexico Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 63. Mexico Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 64. Mexico Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 65. South Africa Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 66. South Africa Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 67. South Africa Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 68. Australia Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 69. Australia Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 70. Australia Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
TABLE 71. ROW Countries Electric Traction Motor Market Value, By Application, 2020-2029, Million USD
TABLE 72. ROW Countries Electric Traction Motor Market Value, By Type, 2020-2029, Million USD
TABLE 73. ROW Countries Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD
ROW Countries Electric Traction Motor Market Value, By Power Rating, 2020-2029, Million USD