Electric Traction Motor Market: Investment Opportunities in...

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2026-10-26 13:57:08 - Translate -

Electric Traction Motor Market: Investment Opportunities in Electric Mobility

Valued at USD 17.12 billion in 2025, the electric traction motor market is projected to reach USD 19.11 billion in 2026 and USD 48.50 billion by 2034, growing at a CAGR of 12.30% during the forecast period 2026–2034. Asia Pacific led regional demand in 2025. Key players include ABB Ltd., CG Power and Industrial Solutions Ltd., Hitachi Ltd., General Electric Company, Kirloskar Electric Co....

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