As the global economy recovers in 2021 and the supply of the industrial chain improves, the Electric Traction Motor market will undergo major changes. The latest research shows that the Electric Traction Motor industry market size will be million US dollars in 2021, and will grow to million US dollars in 2028, with an average annual growth rate of %.
The global Electric Traction Motor industry report provides top-notch qualitative and quantitative information including: Market size (2017-2021 value and 2022 forecast). The report also contains descriptions of key players, including key financial indicators and market competitive pressure analysis.
The report also assesses key opportunities in the market and outlines the factors that are and will drive the growth of the industry. Taking into account previous growth patterns, growth drivers, and current and future trends, we also forecast the overall growth of the global Electric Traction Motor market during the next few years. The global Electric Traction Motor market size will reach USD million in 2028, growing at a CAGR of % during the analysis period.
The Electric Traction Motor market can be split based on product types, major applications, and important regions as follows:
General Electric (GE)
Others (Elevators, conveyors, and industrial machinery)