Insights into the Industry
The traction motor industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of traction motor ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the traction motor market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards traction motor 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the traction motor industry and impacting its growth. Our report divides the traction motor market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global traction motor market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Traction Motor Market research report which is segmented by Products (DC Series Motor, Induction Motor), by Applications (Transportation, Industrial Machinery and Equipment, Others), by Key Players/Companies Rotomac Electricals, ALSTOM, Traktionssysteme Austria, Hitachi Ltd, Skoda, Mitsubishi Electric Corporation, Toshiba, Bombardier, Hyundai Rotem, GE, Siemens, ABB”. In 2020, the global traction motor market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Traction Motor Market Research Report |
| By Products | DC Series Motor, Induction Motor |
| By Applications | Transportation, Industrial Machinery and Equipment, Others |
| By Key Players | Rotomac Electricals, ALSTOM, Traktionssysteme Austria, Hitachi Ltd, Skoda, Mitsubishi Electric Corporation, Toshiba, Bombardier, Hyundai Rotem, GE, Siemens, ABB |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 122 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global traction motor industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, traction motor industry study report has included all major manufacturers and distributors operating in the traction motor market across all major regions.
Traction Motor Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating traction motor market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Traction Motor Market Key Trends Analysis
The key factors influencing the growth of the traction motor market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Traction Motor Market Key Segment Analysis
The report delivers a critical assessment on the traction motor market by segmenting it based on Products, Applications, and region. All the segments and categories of the traction motor market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global traction motor market is segmented into DC Series Motor, Induction Motor. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Transportation, Industrial Machinery and Equipment, Others. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the traction motor market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Traction Motor Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global traction motor market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the traction motor market.
Some of the leading players profiled in the global traction motor market are,
- Rotomac Electricals
- ALSTOM
- Traktionssysteme Austria
- Hitachi Ltd
- Skoda
- Mitsubishi Electric Corporation
- Toshiba
- Bombardier
- Hyundai Rotem
- GE
- Siemens
- ABB
The Key Audiences for Traction Motor Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the traction motor market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global traction motor market are as follows:
Global Traction Motor Market: By Products
- DC Series Motor
- Induction Motor
Global Traction Motor Market: By Applications
- Transportation
- Industrial Machinery and Equipment
- Others
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major traction motor . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Traction Motor market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Rotomac Electricals
- ALSTOM
- Traktionssysteme Austria
- Hitachi Ltd
- Skoda
- Mitsubishi Electric Corporation
- Toshiba
- Bombardier
- Hyundai Rotem
- GE
- Siemens
- ABB
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Traction Motor Market Share by Type (2020-2026) 1.5.2 DC Series Motor 1.5.3 Induction Motor 1.6 Market by Application 1.6.1 Global Traction Motor Market Share by Application (2020-2026) 1.6.2 Transportation 1.6.3 Industrial Machinery and Equipment 1.6.4 Others 1.7 Traction Motor Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Traction Motor Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Traction Motor Market 3.1 Value Chain Status 3.2 Traction Motor Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Traction Motor 3.2.3 Labor Cost of Traction Motor 3.2.3.1 Labor Cost of Traction Motor Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Rotomac Electricals 4.1.1 Rotomac Electricals Basic Information 4.1.2 Traction Motor Product Profiles, Application and Specification 4.1.3 Rotomac Electricals Traction Motor Market Performance (2015-2020) 4.1.4 Rotomac Electricals Business Overview 4.2 ALSTOM 4.2.1 ALSTOM Basic Information 4.2.2 Traction Motor Product Profiles, Application and Specification 4.2.3 ALSTOM Traction Motor Market Performance (2015-2020) 4.2.4 ALSTOM Business Overview 4.3 Traktionssysteme Austria 4.3.1 Traktionssysteme Austria Basic Information 4.3.2 Traction Motor Product Profiles, Application and Specification 4.3.3 Traktionssysteme Austria Traction Motor Market Performance (2015-2020) 4.3.4 Traktionssysteme Austria Business Overview 4.4 Hitachi Ltd 4.4.1 Hitachi Ltd Basic Information 4.4.2 Traction Motor Product Profiles, Application and Specification 4.4.3 Hitachi Ltd Traction Motor Market Performance (2015-2020) 4.4.4 Hitachi Ltd Business Overview 4.5 Skoda 4.5.1 Skoda Basic Information 4.5.2 Traction Motor Product Profiles, Application and Specification 4.5.3 Skoda Traction Motor Market Performance (2015-2020) 4.5.4 Skoda Business Overview 4.6 Mitsubishi Electric Corporation 4.6.1 Mitsubishi Electric Corporation Basic Information 4.6.2 Traction Motor Product Profiles, Application and Specification 4.6.3 Mitsubishi Electric Corporation Traction Motor Market Performance (2015-2020) 4.6.4 Mitsubishi Electric Corporation Business Overview 4.7 Toshiba 4.7.1 Toshiba Basic Information 4.7.2 Traction Motor Product Profiles, Application and Specification 4.7.3 Toshiba Traction Motor Market Performance (2015-2020) 4.7.4 Toshiba Business Overview 4.8 Bombardier 4.8.1 Bombardier Basic Information 4.8.2 Traction Motor Product Profiles, Application and Specification 4.8.3 Bombardier Traction Motor Market Performance (2015-2020) 4.8.4 Bombardier Business Overview 4.9 Hyundai Rotem 4.9.1 Hyundai Rotem Basic Information 4.9.2 Traction Motor Product Profiles, Application and Specification 4.9.3 Hyundai Rotem Traction Motor Market Performance (2015-2020) 4.9.4 Hyundai Rotem Business Overview 4.10 GE 4.10.1 GE Basic Information 4.10.2 Traction Motor Product Profiles, Application and Specification 4.10.3 GE Traction Motor Market Performance (2015-2020) 4.10.4 GE Business Overview 4.11 Siemens 4.11.1 Siemens Basic Information 4.11.2 Traction Motor Product Profiles, Application and Specification 4.11.3 Siemens Traction Motor Market Performance (2015-2020) 4.11.4 Siemens Business Overview 4.12 ABB 4.12.1 ABB Basic Information 4.12.2 Traction Motor Product Profiles, Application and Specification 4.12.3 ABB Traction Motor Market Performance (2015-2020) 4.12.4 ABB Business Overview 5 Global Traction Motor Market Analysis by Regions 5.1 Global Traction Motor Sales, Revenue and Market Share by Regions 5.1.1 Global Traction Motor Sales by Regions (2015-2020) 5.1.2 Global Traction Motor Revenue by Regions (2015-2020) 5.2 North America Traction Motor Sales and Growth Rate (2015-2020) 5.3 Europe Traction Motor Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Traction Motor Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Traction Motor Sales and Growth Rate (2015-2020) 5.6 South America Traction Motor Sales and Growth Rate (2015-2020) 6 North America Traction Motor Market Analysis by Countries 6.1 North America Traction Motor Sales, Revenue and Market Share by Countries 6.1.1 North America Traction Motor Sales by Countries (2015-2020) 6.1.2 North America Traction Motor Revenue by Countries (2015-2020) 6.1.3 North America Traction Motor Market Under COVID-19 6.2 United States Traction Motor Sales and Growth Rate (2015-2020) 6.2.1 United States Traction Motor Market Under COVID-19 6.3 Canada Traction Motor Sales and Growth Rate (2015-2020) 6.4 Mexico Traction Motor Sales and Growth Rate (2015-2020) 7 Europe Traction Motor Market Analysis by Countries 7.1 Europe Traction Motor Sales, Revenue and Market Share by Countries 7.1.1 Europe Traction Motor Sales by Countries (2015-2020) 7.1.2 Europe Traction Motor Revenue by Countries (2015-2020) 7.1.3 Europe Traction Motor Market Under COVID-19 7.2 Germany Traction Motor Sales and Growth Rate (2015-2020) 7.2.1 Germany Traction Motor Market Under COVID-19 7.3 UK Traction Motor Sales and Growth Rate (2015-2020) 7.3.1 UK Traction Motor Market Under COVID-19 7.4 France Traction Motor Sales and Growth Rate (2015-2020) 7.4.1 France Traction Motor Market Under COVID-19 7.5 Italy Traction Motor Sales and Growth Rate (2015-2020) 7.5.1 Italy Traction Motor Market Under COVID-19 7.6 Spain Traction Motor Sales and Growth Rate (2015-2020) 7.6.1 Spain Traction Motor Market Under COVID-19 7.7 Russia Traction Motor Sales and Growth Rate (2015-2020) 7.7.1 Russia Traction Motor Market Under COVID-19 8 Asia-Pacific Traction Motor Market Analysis by Countries 8.1 Asia-Pacific Traction Motor Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Traction Motor Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Traction Motor Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Traction Motor Market Under COVID-19 8.2 China Traction Motor Sales and Growth Rate (2015-2020) 8.2.1 China Traction Motor Market Under COVID-19 8.3 Japan Traction Motor Sales and Growth Rate (2015-2020) 8.3.1 Japan Traction Motor Market Under COVID-19 8.4 South Korea Traction Motor Sales and Growth Rate (2015-2020) 8.4.1 South Korea Traction Motor Market Under COVID-19 8.5 Australia Traction Motor Sales and Growth Rate (2015-2020) 8.6 India Traction Motor Sales and Growth Rate (2015-2020) 8.6.1 India Traction Motor Market Under COVID-19 8.7 Southeast Asia Traction Motor Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Traction Motor Market Under COVID-19 9 Middle East and Africa Traction Motor Market Analysis by Countries 9.1 Middle East and Africa Traction Motor Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Traction Motor Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Traction Motor Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Traction Motor Market Under COVID-19 9.2 Saudi Arabia Traction Motor Sales and Growth Rate (2015-2020) 9.3 UAE Traction Motor Sales and Growth Rate (2015-2020) 9.4 Egypt Traction Motor Sales and Growth Rate (2015-2020) 9.5 Nigeria Traction Motor Sales and Growth Rate (2015-2020) 9.6 South Africa Traction Motor Sales and Growth Rate (2015-2020) 10 South America Traction Motor Market Analysis by Countries 10.1 South America Traction Motor Sales, Revenue and Market Share by Countries 10.1.1 South America Traction Motor Sales by Countries (2015-2020) 10.1.2 South America Traction Motor Revenue by Countries (2015-2020) 10.1.3 South America Traction Motor Market Under COVID-19 10.2 Brazil Traction Motor Sales and Growth Rate (2015-2020) 10.2.1 Brazil Traction Motor Market Under COVID-19 10.3 Argentina Traction Motor Sales and Growth Rate (2015-2020) 10.4 Columbia Traction Motor Sales and Growth Rate (2015-2020) 10.5 Chile Traction Motor Sales and Growth Rate (2015-2020) 11 Global Traction Motor Market Segment by Types 11.1 Global Traction Motor Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Traction Motor Sales and Market Share by Types (2015-2020) 11.1.2 Global Traction Motor Revenue and Market Share by Types (2015-2020) 11.2 DC Series Motor Sales and Price (2015-2020) 11.3 Induction Motor Sales and Price (2015-2020) 12 Global Traction Motor Market Segment by Applications 12.1 Global Traction Motor Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Traction Motor Sales and Market Share by Applications (2015-2020) 12.1.2 Global Traction Motor Revenue and Market Share by Applications (2015-2020) 12.2 Transportation Sales, Revenue and Growth Rate (2015-2020) 12.3 Industrial Machinery and Equipment Sales, Revenue and Growth Rate (2015-2020) 12.4 Others Sales, Revenue and Growth Rate (2015-2020) 13 Traction Motor Market Forecast by Regions (2020-2026) 13.1 Global Traction Motor Sales, Revenue and Growth Rate (2020-2026) 13.2 Traction Motor Market Forecast by Regions (2020-2026) 13.2.1 North America Traction Motor Market Forecast (2020-2026) 13.2.2 Europe Traction Motor Market Forecast (2020-2026) 13.2.3 Asia-Pacific Traction Motor Market Forecast (2020-2026) 13.2.4 Middle East and Africa Traction Motor Market Forecast (2020-2026) 13.2.5 South America Traction Motor Market Forecast (2020-2026) 13.3 Traction Motor Market Forecast by Types (2020-2026) 13.4 Traction Motor Market Forecast by Applications (2020-2026) 13.5 Traction Motor Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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