Global Locomotive Traction Motors Market Growth 2025-2031
Description
The global Locomotive Traction Motors market size is predicted to grow from US$ 2596 million in 2025 to US$ 4101 million in 2031; it is expected to grow at a CAGR of 7.9% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Electrification of Rail Networks: Many countries and regions are increasingly electrifying their rail networks as a means to reduce greenhouse gas emissions and increase the efficiency of railway operations. Electric locomotive traction motors play a vital role in these electrified systems.
High-Efficiency Motors: Rail operators are demanding high-efficiency traction motors to reduce energy consumption and operating costs. Advanced motor designs and materials, as well as improved control systems, contribute to greater efficiency.
Permanent Magnet Motors: Permanent magnet (PM) traction motors are gaining popularity due to their high efficiency and compact size. PM motors are seen as an efficient solution for electric and hybrid locomotives.
LP Information, Inc. (LPI) ' newest research report, the “Locomotive Traction Motors Industry Forecast” looks at past sales and reviews total world Locomotive Traction Motors sales in 2024, providing a comprehensive analysis by region and market sector of projected Locomotive Traction Motors sales for 2025 through 2031. With Locomotive Traction Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Locomotive Traction Motors industry.
This Insight Report provides a comprehensive analysis of the global Locomotive Traction Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Locomotive Traction Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Locomotive Traction Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Locomotive Traction Motors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Locomotive Traction Motors.
This report presents a comprehensive overview, market shares, and growth opportunities of Locomotive Traction Motors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Induction Traction Motor
Permanent-magnet Synchronous Traction Motor
Segmentation by Application:
Electric Locomotives
High-speed Train
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
GE
ALSTOM
Siemens
Toshiba
Hyundai Rotem
Traktionssysteme Austria
Skoda
Rotomac Electricals
Bombardier
CLW
Saini
VEM Sachsenwerk
Progress Rail Services
CRRC
XEMC
Zibo Electric Traction
Key Questions Addressed in this Report
What is the 10-year outlook for the global Locomotive Traction Motors market?
What factors are driving Locomotive Traction Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Locomotive Traction Motors market opportunities vary by end market size?
How does Locomotive Traction Motors break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Electrification of Rail Networks: Many countries and regions are increasingly electrifying their rail networks as a means to reduce greenhouse gas emissions and increase the efficiency of railway operations. Electric locomotive traction motors play a vital role in these electrified systems.
High-Efficiency Motors: Rail operators are demanding high-efficiency traction motors to reduce energy consumption and operating costs. Advanced motor designs and materials, as well as improved control systems, contribute to greater efficiency.
Permanent Magnet Motors: Permanent magnet (PM) traction motors are gaining popularity due to their high efficiency and compact size. PM motors are seen as an efficient solution for electric and hybrid locomotives.
LP Information, Inc. (LPI) ' newest research report, the “Locomotive Traction Motors Industry Forecast” looks at past sales and reviews total world Locomotive Traction Motors sales in 2024, providing a comprehensive analysis by region and market sector of projected Locomotive Traction Motors sales for 2025 through 2031. With Locomotive Traction Motors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Locomotive Traction Motors industry.
This Insight Report provides a comprehensive analysis of the global Locomotive Traction Motors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Locomotive Traction Motors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Locomotive Traction Motors market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Locomotive Traction Motors and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Locomotive Traction Motors.
This report presents a comprehensive overview, market shares, and growth opportunities of Locomotive Traction Motors market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Induction Traction Motor
Permanent-magnet Synchronous Traction Motor
Segmentation by Application:
Electric Locomotives
High-speed Train
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
ABB
GE
ALSTOM
Siemens
Toshiba
Hyundai Rotem
Traktionssysteme Austria
Skoda
Rotomac Electricals
Bombardier
CLW
Saini
VEM Sachsenwerk
Progress Rail Services
CRRC
XEMC
Zibo Electric Traction
Key Questions Addressed in this Report
What is the 10-year outlook for the global Locomotive Traction Motors market?
What factors are driving Locomotive Traction Motors market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Locomotive Traction Motors market opportunities vary by end market size?
How does Locomotive Traction Motors break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
136 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Locomotive Traction Motors by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Locomotive Traction Motors by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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