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EV Traction Motor Market May Set Epic Growth Story : GE, Siemens, Toshiba, Eaton

By: SBWire

NJ New Jersey, USA -- (SBWIRE) -- 05/30/2023 -- Latest Study on Industrial Growth of Global EV Traction Motor Market 2022-2028. A detailed study accumulated to offer Latest insights about acute features of the EV Traction Motor market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the report also offers a complete study of the future trends and developments of the market. It also examines the role of the leading market players involved in the industry including their corporate overview, financial summary and SWOT analysis.

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Some of the key players profiled in the study are:
ABB (Switzerland), CG Power and Industrial Solutions (India), CRRC (China), GE (United States), Siemens (Germany), BMW (Germany), Tesla (United States), Broad-Ocean (United States), Toshiba (Germany), Eaton (Ireland).

Scope of the Report of EV Traction Motor
Traction motors are powered by electricity and generate the power that rotates the wheels of the vehicle. With the help of its turning force produced by traction motors is transmitted to the wheels via the driving gear unit and axle. Traction motors are typically mounted in the electric vehicles where the wheels are housed. Its major features that benefit in the market include its low maintenance, completely sealed structure prevents dust intrusion, reduced number of components for fewer items requiring maintenance and reduced frequency, low noise, and many others. The increasing investment in electric vehicles is driving huge demand for electric vehicle traction motors.

The titled segments and sub-section of the market are illuminated below:
by Type (Hybrid Electric Vehicles (HEV), Battery Electric Vehicles (BEV), Plug-in Hybrid Electric Vehicle (PHEV)), Power Rating (Below 200 kW, 200-400 kW, Above 400 kW), Distribution Channel (Distributors, Direct Sales), Product (DC Traction Motor, AC Traction Motor, Synchronous Motor)

Market Drivers:
Development in Investments in the Railway Sector
Enhancement in Inflexibility of Emission Regulations has Pushed OEMs to Manufacture and Sell Electric and Hybrid Vehicles
Growing Demand for High-Performance Motors

Market Trends:
Increase Investment in Research and Development

Continuous Development in Technology
Growing Demand for Electric Vehicles

High Cost Associated With the Electric Vehicles as Compared to the Internal Combustion Engine (ICE) Vehicles and Lack of Skilled Professionals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global EV Traction Motor Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the EV Traction Motor market
Chapter 2: Exclusive Summary – the basic information of the EV Traction Motor Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the EV Traction Motor
Chapter 4: Presenting the EV Traction Motor Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the EV Traction Motor market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

finally, EV Traction Motor Market is a valuable source of guidance for individuals and companies.

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.

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