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Global Electric Traction Motor Market Research Report 2025(Status and Outlook)

Publisher Bosson Research
Published Aug 01, 2025
Length 149 Pages
SKU # BOSS20300805

Description

Report Overview

The electric traction motor market is characterized by its pivotal role in the electrification of transportation, serving as a core component in electric vehicles (EVs), hybrid vehicles, railways, and industrial machinery. These motors convert electrical energy into mechanical torque, enabling motion in applications such as automotive propulsion, locomotives, and material handling equipment. The market is experiencing rapid growth driven by stringent emission regulations, government incentives for EV adoption, and advancements in motor efficiency and power density. Key segments include permanent magnet synchronous motors (PMSMs), induction motors, and switched reluctance motors, with PMSMs dominating due to their high efficiency and compact design. Geographically, Asia-Pacific leads demand, fueled by China’s aggressive EV policies and expanding automotive manufacturing, while North America and Europe follow closely due to sustainability initiatives and investments in rail electrification. Challenges include raw material price volatility (e.g., rare-earth metals) and supply chain constraints, though innovations in motor design and alternative materials are mitigating these risks. Competitive intensity is high, with major players like Tesla, Siemens, ABB, and Nidec focusing on R&D to enhance performance and cost-effectiveness. The market’s trajectory remains upward, supported by the global shift toward decarbonization and the rising penetration of EVs and renewable energy-integrated transport systems.

The global Electric Traction Motor market size was estimated at USD 16105.0 million in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 14.85% during the forecast period.

This report provides a deep insight into the global Electric Traction Motor market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Electric Traction Motor Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Electric Traction Motor market in any manner.

Global Electric Traction Motor Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

Benchmarking

Crrc

Alstom

Traktionssysteme AustriA

Siemens

ABB

BoscH

CG Power

General Electric (GE)

NIDEc

Skoda Electric

ToshibA

Weg Sa

Market Segmentation (by Type)

AC

DC

Market Segmentation (by Application)

Railway

Electric Vehicles

Others (Elevators, conveyors, and industrial machinery)

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Electric Traction Motor Market

Overview of the regional outlook of the Electric Traction Motor Market:

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the Electric Traction Motor Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the market's competitive landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 8 provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.

Chapter 9 shares the main producing countries of Electric Traction Motor, their output value, profit level, regional supply, production capacity layout, etc. from the supply side.

Chapter 10 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 11 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 12 provides a quantitative analysis of the market size and development potential of each market segment in the next five years.

Chapter 13 is the main points and conclusions of the report.

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

Table of Contents

149 Pages
1 Research Methodology And Statistical Scope
1.1 Market Definition And Statistical Scope Of Electric Traction Motor
1.2 Key Market Segments
1.2.1 Electric Traction Motor Segment By Type
1.2.2 Electric Traction Motor Segment By Application
1.3 Methodology & Sources Of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown And Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Electric Traction Motor Market Overview
2.1 Global Market Overview
2.1.1 Global Electric Traction Motor Market Size (M Usd) Estimates And Forecasts (2020-2033)
2.1.2 Global Electric Traction Motor Sales Estimates And Forecasts (2020-2033)
2.2 Market Segment Executive Summary
2.3 Global Market Size By Region
3 Electric Traction Motor Market Competitive Landscape
3.1 Company Assessment Quadrant
3.2 Global Electric Traction Motor Product Life Cycle
3.3 Global Electric Traction Motor Sales By Manufacturers (2020-2025)
3.4 Global Electric Traction Motor Revenue Market Share By Manufacturers (2020-2025)
3.5 Electric Traction Motor Market Share By Company Type (Tier 1, Tier 2, And Tier 3)
3.6 Global Electric Traction Motor Average Price By Manufacturers (2020-2025)
3.7 Manufacturers’ Manufacturing Sites, Areas Served, And Product Types
3.8 Electric Traction Motor Market Competitive Situation And Trends
3.8.1 Electric Traction Motor Market Concentration Rate
3.8.2 Global 5 And 10 Largest Electric Traction Motor Players Market Share By Revenue
3.8.3 Mergers & Acquisitions, Expansion
4 Electric Traction Motor Industry Chain Analysis
4.1 Electric Traction Motor Industry Chain Analysis
4.2 Market Overview Of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development And Dynamics Of Electric Traction Motor Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Industry News
5.4.1 New Product Developments
5.4.2 Mergers & Acquisitions
5.4.3 Expansions
5.4.4 Collaboration/Supply Contracts
5.5 Pest Analysis
5.5.1 Industry Policies Analysis
5.5.2 Economic Environment Analysis
5.5.3 Social Environment Analysis
5.5.4 Technological Environment Analysis
5.6 Global Electric Traction Motor Market Porter's Five Forces Analysis
5.6.1 Global Trade Frictions
5.6.2 U.S. Tariff Policy – April 2025
5.6.3 Global Trade Frictions And Their Impacts To Electric Traction Motor Market
5.7 Esg Ratings Of Leading Companies
6 Electric Traction Motor Market Segmentation By Type
6.1 Evaluation Matrix Of Segment Market Development Potential (Type)
6.2 Global Electric Traction Motor Sales Market Share By Type (2020-2025)
6.3 Global Electric Traction Motor Market Size Market Share By Type (2020-2025)
6.4 Global Electric Traction Motor Price By Type (2020-2025)
7 Electric Traction Motor Market Segmentation By Application
7.1 Evaluation Matrix Of Segment Market Development Potential (Application)
7.2 Global Electric Traction Motor Market Sales By Application (2020-2025)
7.3 Global Electric Traction Motor Market Size (M Usd) By Application (2020-2025)
7.4 Global Electric Traction Motor Sales Growth Rate By Application (2020-2025)
8 Electric Traction Motor Market Sales By Region
8.1 Global Electric Traction Motor Sales By Region
8.1.1 Global Electric Traction Motor Sales By Region
8.1.2 Global Electric Traction Motor Sales Market Share By Region
8.2 Global Electric Traction Motor Market Size By Region
8.2.1 Global Electric Traction Motor Market Size By Region
8.2.2 Global Electric Traction Motor Market Size Market Share By Region
8.3 North America
8.3.1 North America Electric Traction Motor Sales By Country
8.3.2 North America Electric Traction Motor Market Size By Country
8.3.3 U.S. Market Overview
8.3.4 Canada Market Overview
8.3.5 Mexico Market Overview
8.4 Europe
8.4.1 Europe Electric Traction Motor Sales By Country
8.4.2 Europe Electric Traction Motor Market Size By Country
8.4.3 Germany Market Overview
8.4.4 France Market Overview
8.4.5 U.K. Market Overview
8.4.6 Italy Market Overview
8.4.7 Spain Market Overview
8.5 Asia Pacific
8.5.1 Asia Pacific Electric Traction Motor Sales By Region
8.5.2 Asia Pacific Electric Traction Motor Market Size By Region
8.5.3 China Market Overview
8.5.4 Japan Market Overview
8.5.5 South Korea Market Overview
8.5.6 India Market Overview
8.5.7 Southeast Asia Market Overview
8.6 South America
8.6.1 South America Electric Traction Motor Sales By Country
8.6.2 South America Electric Traction Motor Market Size By Country
8.6.3 Brazil Market Overview
8.6.4 Argentina Market Overview
8.6.5 Columbia Market Overview
8.7 Middle East And Africa
8.7.1 Middle East And Africa Electric Traction Motor Sales By Region
8.7.2 Middle East And Africa Electric Traction Motor Market Size By Region
8.7.3 Saudi Arabia Market Overview
8.7.4 Uae Market Overview
8.7.5 Egypt Market Overview
8.7.6 Nigeria Market Overview
8.7.7 South Africa Market Overview
9 Electric Traction Motor Market Production By Region
9.1 Global Production Of Electric Traction Motor By Region(2020-2025)
9.2 Global Electric Traction Motor Revenue Market Share By Region (2020-2025)
9.3 Global Electric Traction Motor Production, Revenue, Price And Gross Margin (2020-2025)
9.4 North America Electric Traction Motor Production
9.4.1 North America Electric Traction Motor Production Growth Rate (2020-2025)
9.4.2 North America Electric Traction Motor Production, Revenue, Price And Gross Margin (2020-2025)
9.5 Europe Electric Traction Motor Production
9.5.1 Europe Electric Traction Motor Production Growth Rate (2020-2025)
9.5.2 Europe Electric Traction Motor Production, Revenue, Price And Gross Margin (2020-2025)
9.6 Japan Electric Traction Motor Production (2020-2025)
9.6.1 Japan Electric Traction Motor Production Growth Rate (2020-2025)
9.6.2 Japan Electric Traction Motor Production, Revenue, Price And Gross Margin (2020-2025)
9.7 China Electric Traction Motor Production (2020-2025)
9.7.1 China Electric Traction Motor Production Growth Rate (2020-2025)
9.7.2 China Electric Traction Motor Production, Revenue, Price And Gross Margin (2020-2025)
10 Key Companies Profile
10.1 Benchmarking
10.1.1 Benchmarking Basic Information
10.1.2 Benchmarking Electric Traction Motor Product Overview
10.1.3 Benchmarking Electric Traction Motor Product Market Performance
10.1.4 Benchmarking Business Overview
10.1.5 Benchmarking Swot Analysis
10.1.6 Benchmarking Recent Developments
10.2 Crrc
10.2.1 Crrc Basic Information
10.2.2 Crrc Electric Traction Motor Product Overview
10.2.3 Crrc Electric Traction Motor Product Market Performance
10.2.4 Crrc Business Overview
10.2.5 Crrc Swot Analysis
10.2.6 Crrc Recent Developments
10.3 Alstom
10.3.1 Alstom Basic Information
10.3.2 Alstom Electric Traction Motor Product Overview
10.3.3 Alstom Electric Traction Motor Product Market Performance
10.3.4 Alstom Business Overview
10.3.5 Alstom Swot Analysis
10.3.6 Alstom Recent Developments
10.4 Traktionssysteme Austria
10.4.1 Traktionssysteme Austria Basic Information
10.4.2 Traktionssysteme Austria Electric Traction Motor Product Overview
10.4.3 Traktionssysteme Austria Electric Traction Motor Product Market Performance
10.4.4 Traktionssysteme Austria Business Overview
10.4.5 Traktionssysteme Austria Recent Developments
10.5 Siemens
10.5.1 Siemens Basic Information
10.5.2 Siemens Electric Traction Motor Product Overview
10.5.3 Siemens Electric Traction Motor Product Market Performance
10.5.4 Siemens Business Overview
10.5.5 Siemens Recent Developments
10.6 Abb
10.6.1 Abb Basic Information
10.6.2 Abb Electric Traction Motor Product Overview
10.6.3 Abb Electric Traction Motor Product Market Performance
10.6.4 Abb Business Overview
10.6.5 Abb Recent Developments
10.7 Bosch
10.7.1 Bosch Basic Information
10.7.2 Bosch Electric Traction Motor Product Overview
10.7.3 Bosch Electric Traction Motor Product Market Performance
10.7.4 Bosch Business Overview
10.7.5 Bosch Recent Developments
10.8 Cg Power
10.8.1 Cg Power Basic Information
10.8.2 Cg Power Electric Traction Motor Product Overview
10.8.3 Cg Power Electric Traction Motor Product Market Performance
10.8.4 Cg Power Business Overview
10.8.5 Cg Power Recent Developments
10.9 General Electric (Ge)
10.9.1 General Electric (Ge) Basic Information
10.9.2 General Electric (Ge) Electric Traction Motor Product Overview
10.9.3 General Electric (Ge) Electric Traction Motor Product Market Performance
10.9.4 General Electric (Ge) Business Overview
10.9.5 General Electric (Ge) Recent Developments
10.10 Nidec
10.10.1 Nidec Basic Information
10.10.2 Nidec Electric Traction Motor Product Overview
10.10.3 Nidec Electric Traction Motor Product Market Performance
10.10.4 Nidec Business Overview
10.10.5 Nidec Recent Developments
10.11 Skoda Electric
10.11.1 Skoda Electric Basic Information
10.11.2 Skoda Electric Electric Traction Motor Product Overview
10.11.3 Skoda Electric Electric Traction Motor Product Market Performance
10.11.4 Skoda Electric Business Overview
10.11.5 Skoda Electric Recent Developments
10.12 Toshiba
10.12.1 Toshiba Basic Information
10.12.2 Toshiba Electric Traction Motor Product Overview
10.12.3 Toshiba Electric Traction Motor Product Market Performance
10.12.4 Toshiba Business Overview
10.12.5 Toshiba Recent Developments
10.13 Weg Sa
10.13.1 Weg Sa Basic Information
10.13.2 Weg Sa Electric Traction Motor Product Overview
10.13.3 Weg Sa Electric Traction Motor Product Market Performance
10.13.4 Weg Sa Business Overview
10.13.5 Weg Sa Recent Developments
11 Electric Traction Motor Market Forecast By Region
11.1 Global Electric Traction Motor Market Size Forecast
11.2 Global Electric Traction Motor Market Forecast By Region
11.2.1 North America Market Size Forecast By Country
11.2.2 Europe Electric Traction Motor Market Size Forecast By Country
11.2.3 Asia Pacific Electric Traction Motor Market Size Forecast By Region
11.2.4 South America Electric Traction Motor Market Size Forecast By Country
11.2.5 Middle East And Africa Forecasted Sales Of Electric Traction Motor By Country
12 Forecast Market By Type And By Application (2026-2033)
12.1 Global Electric Traction Motor Market Forecast By Type (2026-2033)
12.1.1 Global Forecasted Sales Of Electric Traction Motor By Type (2026-2033)
12.1.2 Global Electric Traction Motor Market Size Forecast By Type (2026-2033)
12.1.3 Global Forecasted Price Of Electric Traction Motor By Type (2026-2033)
12.2 Global Electric Traction Motor Market Forecast By Application (2026-2033)
12.2.1 Global Electric Traction Motor Sales (K Units) Forecast By Application
12.2.2 Global Electric Traction Motor Market Size (M Usd) Forecast By Application (2026-2033)
13 Conclusion And Key Findings
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