"Increasing Adoption of Electric Traction Motor Globally To Ensure Rapid Growth for Electric Traction Motor Market"
Globally, the electric traction motor market is expected to grow with a CAGR of 19.2% during the forecast period from 2019 to 2027, starting from US$12.9 Bn in 2018. The electric traction motors are mainly used in the locomotive or the electric vehicles for the propulsion by producing the rotational torque. At present, these electric traction motors play an important role in the locomotives. The electric traction motors help vehicles for reliable and safe functions. The growing adoption of electric traction motors in the railways is the key factor that drives the growth of the electric traction motor market. The growing preference for rail transportation over the road transportation accelerates the railways tread activities worldwide.
Furthermore, the growing demand for electric traction motors in the hybrid and the battery electric vehicles is augmenting the growth of electric traction motor market. Moreover, the increasing demand for the efficient power conservation coupled with the electrification of automotive is anticipated to propel the growth of the electric traction motor market. However, the high initial cost of traction motor is expected to hamper the growth of the electric traction motor market. Furthermore, the growing digitalization in the electric motors is projected to serve various growth opportunities for the electric traction motor market in the near future.
"Growing application of electric traction motors in the locomotives continues to dominate the application segment"
In 2018, based on the application, the railway applications contributing to over 42% of the total revenue generated globally led the electric traction motor market. The rapid development in the railway sector and digitalization of railway systems are fueling the growth of the electric traction motors market. The ongoing research and development in the electric motor technology are majorly contributing to the growth of electric traction motors market. In addition, by types, the electric traction motor market is categorized into AC motors and the DC motors. The Ac motors hold the significant market shares in the electric traction motors market. The continuous development in the electric vehicles is fueling the growth of the electric traction motors market.
"North America holds the axiom market share in the electric traction motor market"
In 2018, the electric traction motors market is dominated by the North America region and it is expected to be the dominating the region through the forecast region. The high adoption of advanced technologies and the presence of major players are the primary factors that drive the growth of North America electric traction motor market. The U.S. holds the largest market shares in the electric traction motor market across North America. Furthermore, Asia Pacific is the fastest-growing region owing to the growing automotive industry and ongoing technological advancements in the motor technology.
Some of the prominent players operating in the Electric Traction Motor market include Siemens Corp., General Electric, Skoda Electric, ABB, Weg SA, Toshiba Corporation, Benchmarking, CG Power, Traktionssysteme Austria GmbH, Alstom SA, Robert Bosch GmbH and others.
Historical & Forecast Period
This research report presents the analysis of each segment from 2017 to 2027 considering 2018 as the base year for the research. Compounded Annual Growth Rate (CAGR) for each respective segment calculated for the forecast period from 2019 to 2027.
The electric traction motor market report provides market size and estimates based on market dynamics and key trends observed in the industry. The report provides a holistic view of global Electric Traction Motor market based on technology, application, end-user, and geography. Key segments covered in the report are as follows:
ATTRIBUTE | DETAILS |
---|---|
Research Period | 2017-2027 |
Base Year | 2018 |
Forecast Period | 2019-2027 |
Historical Year | 2017 |
Unit | USD Billion |
Segmentation |
Types Segment (2017–2027; US$ Bn) |
Power Rating Segment (2017–2027; US$ Bn) |
|
End-Users (2017–2027; US$ Bn) |
|
Geography Segment (2017–2027; US$ Bn) |
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Market Segmentation
1.4 Research Methodology
1.4.1 Phase I – Secondary Research
1.4.2 Phase II-Primary Research
1.4.3 Phase III – Expert Panel Review
1.4.4 Assumptions
1.4.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global ETM Market
2.2 Global ETM Market, By Type, 2018 (US$ Bn)
2.3 Global ETM Market, By Power Rating, 2018 (US$ Bn)
2.4 Global ETM Market, By End-Users, 2018 (US$ Bn)
2.5 Global ETM Market, By Geography, 2018 (US$ Bn)
Chapter 3 Market Dynamics
3.1 Introduction
3.1.1 Global ETM Market Value, 2017 – 2027, (US$ Bn)
3.2 Market Drivers
3.3 Market Growth Inhibitors
3.3.1 Impact Analysis of Drivers and Restraints
3.4 Key Market Trends
3.5 Attractive Investment Proposition, by Geography, 2018
3.6 Competitive Analysis
3.6.1 Market Positioning of Key ETM Vendors, 2018
3.6.2 Key Strategies Adopted by the Leading Players
Chapter 4 Global Electric Traction Motor (ETM) Market Analysis, by Type, 2017 – 2027 (US$ Bn)
4.1 Overview
4.2 AC Motor
4.3 DC Motor
Chapter 5 Global Electric Traction Motor (ETM) Market Analysis, by Power Rating, 2017 – 2027 (US$ Bn)
5.1 Overview
5.2 Less than 150 kW
5.3 150 kW to 300 kW
5.4 Greater than 300 kW
Chapter 6 Global Electric Traction Motor (ETM) Market Analysis, by End-Users, 2017 – 2027 (US$ Bn)
6.1 Overview
6.2 Railway
6.3 Electric Vehicles
Chapter 7 North America Electric Traction Motor (ETM) Market Analysis, 2017 – 2027 (US$ Bn)
7.1 Overview
7.2 North America ETM Market Analysis, By Type, 2017 – 2027
7.2.1 Market Analysis
7.3 North America ETM Market Analysis, By Power Rating, 2017 – 2027
7.3.1 Market Analysis
7.4 North America ETM Market Analysis, By End-Users, 2017 – 2027
7.4.1 Market Analysis
7.5 North America ETM Market Analysis, By Region/Country, 2017 – 2027
7.5.1 U.S.
7.5.1.1 U.S. ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
7.5.1.2 U.S. ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
7.5.1.3 U.S. ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
7.5.2 Rest of North America
7.5.2.1 Rest of North America ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
7.5.2.2 Rest of North America ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
7.5.2.3 Rest of North America ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
Chapter 8 Europe Electric Traction Motor (ETM) Market Analysis, 2017 – 2027 (US$ Bn)
8.1 Overview
8.2 Europe ETM Market Analysis, By Type, 2017 – 2027
8.2.1 Market Analysis
8.3 Europe ETM Market Analysis, By Power Rating, 2017 – 2027
8.3.1 Market Analysis
8.4 Europe ETM Market Analysis, By End-Users, 2017 – 2027
8.4.1 Market Analysis
8.5 Europe ETM Market Analysis, By Region/Country, 2017 – 2027
8.5.1 U.K.
8.5.1.1 U.K. ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
8.5.1.2 U.K. ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
8.5.1.3 U.K. ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
8.5.2 Germany
8.5.2.1 Germany ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
8.5.2.2 Germany ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
8.5.2.3 Germany ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
8.5.3 France
8.5.3.1 France ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
8.5.3.2 France ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
8.5.3.3 France ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
8.5.4 Rest of Europe
8.5.4.1 Rest of Europe ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
8.5.4.2 Rest of Europe ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
8.5.4.3 Rest of Europe ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
Chapter 9 Asia Pacific Electric Traction Motor (ETM) Market Analysis, 2017 – 2027 (US$ Bn)
9.1 Overview
9.2 Asia Pacific ETM Market Analysis, By Type, 2017 – 2027
9.2.1 Market Analysis
9.3 Asia Pacific ETM Market Analysis, By Power Rating, 2017 – 2027
9.3.1 Market Analysis
9.4 Asia Pacific ETM Market Analysis, By End-Users, 2017 – 2027
9.4.1 Market Analysis
9.5 Asia Pacific ETM Market Analysis, By Region/Country, 2017 – 2027
9.5.1 China
9.5.1.1 China ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
9.5.1.2 China ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
9.5.1.3 China ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
9.5.2 Japan
9.5.2.1 Japan ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
9.5.2.2 Japan ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
9.5.2.3 Japan ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
9.5.3 India
9.5.3.1 India ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
9.5.3.2 India ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
9.5.3.3 India ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
9.5.4 Rest of Asia Pacific
9.5.4.1 Rest of Asia Pacific ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
9.5.4.2 Rest of Asia Pacific ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
9.5.4.3 Rest of Asia Pacific ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
Chapter 10 Rest of the World (RoW) Electric Traction Motor (ETM) Market Analysis, 2017 – 2027 (US$ Bn)
10.1 Overview
10.2 RoW ETM Market Analysis, By Type, 2017 – 2027
10.2.1 Market Analysis
10.3 RoW ETM Market Analysis, By Power Rating, 2017 – 2027
10.3.1 Market Analysis
10.4 RoW ETM Market Analysis, By End-Users, 2017 – 2027
10.4.1 Market Analysis
10.5 RoW ETM Market Analysis, By Region/Country, 2017 – 2027
10.5.1 Middle East & Africa (MEA)
10.5.1.1 MEA ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
10.5.1.2 MEA ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
10.5.1.3 MEA ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
10.5.2 Latin America
10.5.2.1 Latin America ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
10.5.2.2 Latin America ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
10.5.2.3 Latin America ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
Chapter 11 Company Profiles
11.1 Siemens Corp.
11.2 General Electric
11.3 Skoda Electric
11.4 ABB
11.5 Weg SA
11.6 Toshiba Corporation
11.7 Benchmarking
11.8 CG Power
11.9 Traktionssysteme Austria GmbH
11.10 Alstom SA
11.11 Robert Bosch GmbH
* Here we are using ETM as a short form of Electric Traction Motor
TABLE 1 Market Snapshot: Global Electric Traction Motor (ETM) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 5 North America ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 6 North America ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 7 North America ETM Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 8 U.S. ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 9 U.S. ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 10 U.S. ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 11 Rest of North America ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 12 Rest of North America ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 13 Rest of North America ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 14 Europe ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 15 Europe ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 16 Europe ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 17 Europe ETM Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 18 U.K. ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 19 U.K. ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 20 U.K. ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 21 Germany ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 22 Germany ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 23 Germany ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 24 France ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 25 France ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 26 France ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 27 Rest of Europe ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 28 Rest of Europe ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 29 Rest of Europe ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 30 Asia Pacific ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 31 Asia Pacific ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 32 Asia Pacific ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 33 Asia Pacific ETM Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 34 China ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 35 China ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 36 China ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 37 Japan ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 38 Japan ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 39 Japan ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 40 India ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 41 India ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 42 India ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 43 Rest of Asia Pacific ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 44 Rest of Asia Pacific ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 45 Rest of Asia Pacific ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 46 RoW ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 47 RoW ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 48 RoW ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 49 RoW ETM Market Value, By Region/Country, 2017 – 2027 (US$ Bn)
TABLE 50 MEA ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 51 MEA ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 52 MEA ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 53 Latin America ETM Market Value, By Type, 2017 – 2027 (US$ Bn)
TABLE 54 Latin America ETM Market Value, By Power Rating, 2017 – 2027 (US$ Bn)
TABLE 55 Latin America ETM Market Value, By End-Users, 2017 – 2027 (US$ Bn)
TABLE 56 Siemens Corp.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 57 General Electric: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 58 Skoda Electric: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 59 ABB: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 60 Weg SA: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 61 Toshiba Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 62 Benchmarking: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 63 CG Power: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 64 Traktionssysteme Austria GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 65 Alstom SA : Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
TABLE 66 Robert Bosch GmbH: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Recent Developments)
FIG. 1 Global Electric Traction Motor (ETM): Market Segmentation
FIG. 2 Global ETM Market: Research Methodology
FIG. 3 Top-Down and Bottom Up Approach
FIG. 4 Global ETM Market, By Type, 2018 (US$ Bn)
FIG. 5 Global ETM Market, By Power Rating, 2018 (US$ Bn)
FIG. 6 Global ETM Market, By End-Users, 2018 (US$ Bn)
FIG. 7 Global ETM Market, By Geography, 2018 (US$ Bn)
FIG. 8 Global ETM Market Value, 2017 – 2027, (US$ Bn)
FIG. 9 Attractive Investment Proposition, by Geography, 2018
FIG. 10 Market Positioning of Key ETM Vendors, 2018
FIG. 11 Global ETM Market Value Contribution, By Type, 2018 & 2027 (%)
FIG. 12 Global AC Motor Market Value, 2017 – 2027, (US$ Bn)
FIG. 13 Global DC Motor Market Value, 2017 – 2027, (US$ Bn)
FIG. 14 Global ETM Market Value Contribution, By Power Rating, 2018 & 2027 (%)
FIG. 15 Global Less than 150 kW ETM Market Value, 2017 – 2027, (US$ Bn)
FIG. 16 Global 150 kW to 300 kW ETM Market Value, 2017 – 2027, (US$ Bn)
FIG. 17 Global Greater than 300 kW ETM Market Value, 2017 – 2027, (US$ Bn)
FIG. 18 Global ETM Market Value Contribution, By End-Users, 2018 & 2027 (%)
FIG. 19 Global ETM Market Value from Railway, 2017 – 2027 (US$ Bn)
FIG. 20 Global ETM Market Value from Electric Vehicles, 2017 – 2027 (US$ Bn)
FIG. 21 North America ETM Market Value, 2017 – 2027, (US$ Bn)
FIG. 22 Europe ETM Market Value, 2017 – 2027, (US$ Bn)
FIG. 23 Asia Pacific ETM Market Value, 2017 – 2027, (US$ Bn)
FIG. 24 RoW ETM Market Value, 2017 – 2027, (US$ Bn)