Electric Vehicle (EV) Traction Motor Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2021-2027

The global electric vehicle traction motor market size is expected to reach USD 19.8 billion by 2025, growing at a CAGR of 41% during the forecast period. Electric vehicles (EVs) support the movement of vehicles. Increasing adoption EVs have been a major contributor to market growth.

Electric Vehicle (EV) Traction Motor Market- Segmentation

 By Type

• AC
• DC

 By Power

• Below 200 kW
• 200-400 kW
• Above 400 kW

By   Application

• Railways
• Electric Vehicle
• Others

Key Market Players

The major players in the electric traction motor market include ABB (Switzerland), CG Power and Industrial Solutions (India), CRRC (China), GE (US), and Siemens (Germany).

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Electric Vehicle (EV) Traction Motor Market Report

• What was the Electric Vehicle (EV) Traction Motor Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Electric Vehicle (EV) Traction Motor Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Electric Vehicle (EV) Traction Motor Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.