Selected research
Market Analysis & Forecast
Global Electric Traction Motor Market Analysis and Forecast 2026-2032
Market perspective
The global Electric Traction Motor market is projected to grow from US$ million in 2026 to US$ million by 2032, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.
Electric Traction Motor's global sales reached XX (k units) with a value of US$ XX Million, marking an change of XX% compared to the previous year. This performance has positioned Benchmarking as the global sales leader, a title it has maintained for several consecutive years. Notably, Benchmarking's performance in primary markets is also remarkable. In the Chinese market, sales were XX (k units), a change of XX% from the previous year. In Europe, sales were XX (k units), showing a year-on-year of XX%. In the US, sales were XX (k units), a year-on-year change of XX%.
The major global manufacturers in the Electric Traction Motor market include Benchmarking, CRRC, Alstom, Traktionssysteme Austria, Siemens, ABB, Bosch, CG Power and General Electric (GE), etc. In 2025, the top three vendors accounted for approximately % of the revenue.
Read the full market overview
In terms of production side, this report researches the Electric Traction Motor production, growth rate, market share by manufacturers and by region (region level and country level), from 2021 to 2026, and forecast to 2032.
In terms of consumption side, this report focuses on the sales of Electric Traction Motor by region (region level and country level), by Company, by Type and by Application. from 2021 to 2026 and forecast to 2032.
This report presents an overview of global market for Electric Traction Motor, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2021 - 2025, estimates for 2026, and projections of CAGR through 2032.
This report researches the key producers of Electric Traction Motor, also provides the consumption of main regions and countries. Of the upcoming market potential for Electric Traction Motor, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Electric Traction Motor sales, revenue, market share and industry ranking of main manufacturers, data from 2021 to 2026. Identification of the major stakeholders in the global Electric Traction Motor market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2021 to 2032. Evaluation and forecast the market size for Electric Traction Motor sales, projected growth trends, production technology, application and end-user industry.
Electric Traction Motor Segment by Company
Benchmarking
CRRC
Alstom
Traktionssysteme Austria
Siemens
ABB
Bosch
CG Power
General Electric (GE)
NIDEC
Skoda Electric
Toshiba
Weg SA
Electric Traction Motor Segment by Type
AC
DC
Electric Traction Motor Segment by Application
Railway
Electric Vehicles
Others (Elevators, conveyors, and industrial machinery)
Electric Traction Motor Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Electric Traction Motor market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Electric Traction Motor and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Electric Traction Motor.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by type and by 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 market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces the market dynamics, 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 3: Electric Traction Motor production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 4: Sales (consumption), revenue of Electric Traction Motor in global, regional level and country level. It 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 of each country in the world.
Chapter 5: Detailed analysis of Electric Traction Motor manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 6: Provides the analysis of various market segments by type, covering the sales, revenue, average price, 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 by application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 8: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Traction Motor sales, revenue, price, gross margin, and recent development, etc.
Chapter 9: North America by type, by application and by country, sales, and revenue for each segment.
Chapter 10: Europe by type, by application and by country, sales, and revenue for each segment.
Chapter 11: China by type, by application, sales, and revenue for each segment.
Chapter 12: Asia (Excluding China) by type, by application and by region, sales, and revenue for each segment.
Chapter 13: South America, Middle East and Africa by type, by application and by country, sales, and revenue for each segment.
Chapter 14: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 15: The main concluding insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- AC
- DC
Applications
- Railway
- Electric Vehicles
- Others (Elevators, conveyors, and industrial machinery)
Companies covered
- Benchmarking
- CRRC
- Alstom
- Traktionssysteme Austria
- Siemens
- ABB
- Bosch
- CG Power
- General Electric (GE)
- NIDEC
- Skoda Electric
- Toshiba
- Weg SA
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Electric Traction Motor Market by Type
- 1.2.1 Global Electric Traction Motor Market Size by Type, 2021 VS 2025 VS 2032
- 1.2.2 AC
- 1.2.3 DC
- 1.3 Electric Traction Motor Market by Application
- 1.3.1 Global Electric Traction Motor Market Size by Application, 2021 VS 2025 VS 2032
- 1.3.2 Railway
- 1.3.3 Electric Vehicles
- 1.3.4 Others (Elevators, conveyors, and industrial machinery)
- 1.4 Assumptions and Limitations
- 1.5 Study Goals and Objectives
2 Electric Traction Motor Market Dynamics
- 2.1 Electric Traction Motor Industry Trends
- 2.2 Electric Traction Motor Industry Drivers
- 2.3 Electric Traction Motor Industry Opportunities and Challenges
- 2.4 Electric Traction Motor Industry Restraints
3 Global Electric Traction Motor Production Overview
- 3.1 Global Electric Traction Motor Production Capacity (2021-2032)
- 3.2 Global Electric Traction Motor Production by Region: 2021 VS 2025 VS 2032
- 3.3 Global Electric Traction Motor Production by Region
- 3.3.1 Global Electric Traction Motor Production by Region (2021-2026)
- 3.3.2 Global Electric Traction Motor Production by Region (2027-2032)
- 3.3.3 Global Electric Traction Motor Production Market Share by Region (2021-2032)
- 3.4 North America
- 3.5 Europe
- 3.6 China
- 3.7 Japan
4 Global Market Growth Prospects
- 4.1 Global Electric Traction Motor Revenue Estimates and Forecasts (2021-2032)
- 4.2 Global Electric Traction Motor Revenue by Region
- 4.2.1 Global Electric Traction Motor Revenue by Region: 2021 VS 2025 VS 2032
- 4.2.2 Global Electric Traction Motor Revenue by Region (2021-2026)
- 4.2.3 Global Electric Traction Motor Revenue by Region (2027-2032)
- 4.2.4 Global Electric Traction Motor Revenue Market Share by Region (2021-2032)
- 4.3 Global Electric Traction Motor Sales Estimates and Forecasts 2021-2032
- 4.4 Global Electric Traction Motor Sales by Region
- 4.4.1 Global Electric Traction Motor Sales by Region: 2021 VS 2025 VS 2032
- 4.4.2 Global Electric Traction Motor Sales by Region (2021-2026)
- 4.4.3 Global Electric Traction Motor Sales by Region (2027-2032)
- 4.4.4 Global Electric Traction Motor Sales Market Share by Region (2021-2032)
- 4.5 North America
- 4.6 Europe
- 4.7 China
- 4.8 Asia (Excluding China)
- 4.9 South America, Middle East and Africa
5 Market Competitive Landscape by Manufacturers
- 5.1 Global Electric Traction Motor Revenue by Manufacturers
- 5.1.1 Global Electric Traction Motor Revenue by Manufacturers (2021-2026)
- 5.1.2 Global Electric Traction Motor Revenue Market Share by Manufacturers (2021-2026)
- 5.1.3 Global Electric Traction Motor Manufacturers Revenue Share Top 10 and Top 5 in 2025
- 5.2 Global Electric Traction Motor Sales by Manufacturers
- 5.2.1 Global Electric Traction Motor Sales by Manufacturers (2021-2026)
- 5.2.2 Global Electric Traction Motor Sales Market Share by Manufacturers (2021-2026)
- 5.2.3 Global Electric Traction Motor Manufacturers Sales Share Top 10 and Top 5 in 2025
- 5.3 Global Electric Traction Motor Sales Price by Manufacturers (2021-2026)
- 5.4 Global Electric Traction Motor Key Manufacturers Ranking, 2024 VS 2025 VS 2026
- 5.5 Global Electric Traction Motor Key Manufacturers Manufacturing Sites & Headquarters
- 5.6 Global Electric Traction Motor Manufacturers, Product Type & Application
- 5.7 Global Electric Traction Motor Manufacturers Commercialization Time
- 5.8 Market Competitive Analysis
- 5.8.1 Global Electric Traction Motor Market CR5 and HHI
- 5.8.2 2025 Electric Traction Motor Tier 1, Tier 2, and Tier 3
6 Electric Traction Motor Market by Type
- 6.1 Global Electric Traction Motor Revenue by Type
- 6.1.1 Global Electric Traction Motor Revenue by Type (2021-2032) & (US$ Million)
- 6.1.2 Global Electric Traction Motor Revenue Market Share by Type (2021-2032)
- 6.2 Global Electric Traction Motor Sales by Type
- 6.2.1 Global Electric Traction Motor Sales by Type (2021-2032) & (k units)
- 6.2.2 Global Electric Traction Motor Sales Market Share by Type (2021-2032)
- 6.3 Global Electric Traction Motor Price by Type
7 Electric Traction Motor Market by Application
- 7.1 Global Electric Traction Motor Revenue by Application
- 7.1.1 Global Electric Traction Motor Revenue by Application (2021-2032) & (US$ Million)
- 7.1.2 Global Electric Traction Motor Revenue Market Share by Application (2021-2032)
- 7.2 Global Electric Traction Motor Sales by Application
- 7.2.1 Global Electric Traction Motor Sales by Application (2021-2032) & (k units)
- 7.2.2 Global Electric Traction Motor Sales Market Share by Application (2021-2032)
- 7.3 Global Electric Traction Motor Price by Application
8 Company Profiles
- 8.1 Benchmarking
- 8.1.1 Benchmarking Company Information
- 8.1.2 Benchmarking Business Overview
- 8.1.3 Benchmarking Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.1.4 Benchmarking Electric Traction Motor Product Portfolio
- 8.1.5 Benchmarking Recent Developments
- 8.2 CRRC
- 8.2.1 CRRC Company Information
- 8.2.2 CRRC Business Overview
- 8.2.3 CRRC Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.2.4 CRRC Electric Traction Motor Product Portfolio
- 8.2.5 CRRC Recent Developments
- 8.3 Alstom
- 8.3.1 Alstom Company Information
- 8.3.2 Alstom Business Overview
- 8.3.3 Alstom Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.3.4 Alstom Electric Traction Motor Product Portfolio
- 8.3.5 Alstom Recent Developments
- 8.4 Traktionssysteme Austria
- 8.4.1 Traktionssysteme Austria Company Information
- 8.4.2 Traktionssysteme Austria Business Overview
- 8.4.3 Traktionssysteme Austria Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.4.4 Traktionssysteme Austria Electric Traction Motor Product Portfolio
- 8.4.5 Traktionssysteme Austria Recent Developments
- 8.5 Siemens
- 8.5.1 Siemens Company Information
- 8.5.2 Siemens Business Overview
- 8.5.3 Siemens Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.5.4 Siemens Electric Traction Motor Product Portfolio
- 8.5.5 Siemens Recent Developments
- 8.6 ABB
- 8.6.1 ABB Company Information
- 8.6.2 ABB Business Overview
- 8.6.3 ABB Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.6.4 ABB Electric Traction Motor Product Portfolio
- 8.6.5 ABB Recent Developments
- 8.7 Bosch
- 8.7.1 Bosch Company Information
- 8.7.2 Bosch Business Overview
- 8.7.3 Bosch Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.7.4 Bosch Electric Traction Motor Product Portfolio
- 8.7.5 Bosch Recent Developments
- 8.8 CG Power
- 8.8.1 CG Power Company Information
- 8.8.2 CG Power Business Overview
- 8.8.3 CG Power Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.8.4 CG Power Electric Traction Motor Product Portfolio
- 8.8.5 CG Power Recent Developments
- 8.9 General Electric (GE)
- 8.9.1 General Electric (GE) Company Information
- 8.9.2 General Electric (GE) Business Overview
- 8.9.3 General Electric (GE) Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.9.4 General Electric (GE) Electric Traction Motor Product Portfolio
- 8.9.5 General Electric (GE) Recent Developments
- 8.10 NIDEC
- 8.10.1 NIDEC Company Information
- 8.10.2 NIDEC Business Overview
- 8.10.3 NIDEC Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.10.4 NIDEC Electric Traction Motor Product Portfolio
- 8.10.5 NIDEC Recent Developments
- 8.11 Skoda Electric
- 8.11.1 Skoda Electric Company Information
- 8.11.2 Skoda Electric Business Overview
- 8.11.3 Skoda Electric Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.11.4 Skoda Electric Electric Traction Motor Product Portfolio
- 8.11.5 Skoda Electric Recent Developments
- 8.12 Toshiba
- 8.12.1 Toshiba Company Information
- 8.12.2 Toshiba Business Overview
- 8.12.3 Toshiba Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.12.4 Toshiba Electric Traction Motor Product Portfolio
- 8.12.5 Toshiba Recent Developments
- 8.13 Weg SA
- 8.13.1 Weg SA Company Information
- 8.13.2 Weg SA Business Overview
- 8.13.3 Weg SA Electric Traction Motor Sales, Revenue, Price and Gross Margin (2021-2026)
- 8.13.4 Weg SA Electric Traction Motor Product Portfolio
- 8.13.5 Weg SA Recent Developments
9 North America
- 9.1 North America Electric Traction Motor Market Size by Type
- 9.1.1 North America Electric Traction Motor Revenue by Type (2021-2032)
- 9.1.2 North America Electric Traction Motor Sales by Type (2021-2032)
- 9.1.3 North America Electric Traction Motor Price by Type (2021-2032)
- 9.2 North America Electric Traction Motor Market Size by Application
- 9.2.1 North America Electric Traction Motor Revenue by Application (2021-2032)
- 9.2.2 North America Electric Traction Motor Sales by Application (2021-2032)
- 9.2.3 North America Electric Traction Motor Price by Application (2021-2032)
- 9.3 North America Electric Traction Motor Market Size by Country
- 9.3.1 North America Electric Traction Motor Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 9.3.2 North America Electric Traction Motor Sales by Country (2021 VS 2025 VS 2032)
- 9.3.3 North America Electric Traction Motor Price by Country (2021-2032)
- 9.3.4 United States
- 9.3.5 Canada
- 9.3.6 Mexico
10 Europe
- 10.1 Europe Electric Traction Motor Market Size by Type
- 10.1.1 Europe Electric Traction Motor Revenue by Type (2021-2032)
- 10.1.2 Europe Electric Traction Motor Sales by Type (2021-2032)
- 10.1.3 Europe Electric Traction Motor Price by Type (2021-2032)
- 10.2 Europe Electric Traction Motor Market Size by Application
- 10.2.1 Europe Electric Traction Motor Revenue by Application (2021-2032)
- 10.2.2 Europe Electric Traction Motor Sales by Application (2021-2032)
- 10.2.3 Europe Electric Traction Motor Price by Application (2021-2032)
- 10.3 Europe Electric Traction Motor Market Size by Country
- 10.3.1 Europe Electric Traction Motor Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 10.3.2 Europe Electric Traction Motor Sales by Country (2021 VS 2025 VS 2032)
- 10.3.3 Europe Electric Traction Motor Price by Country (2021-2032)
- 10.3.4 Germany
- 10.3.5 France
- 10.3.6 U.K.
- 10.3.7 Italy
- 10.3.8 Russia
- 10.3.9 Spain
- 10.3.10 Netherlands
- 10.3.11 Switzerland
- 10.3.12 Sweden
11 China
- 11.1 China Electric Traction Motor Market Size by Type
- 11.1.1 China Electric Traction Motor Revenue by Type (2021-2032)
- 11.1.2 China Electric Traction Motor Sales by Type (2021-2032)
- 11.1.3 China Electric Traction Motor Price by Type (2021-2032)
- 11.2 China Electric Traction Motor Market Size by Application
- 11.2.1 China Electric Traction Motor Revenue by Application (2021-2032)
- 11.2.2 China Electric Traction Motor Sales by Application (2021-2032)
- 11.2.3 China Electric Traction Motor Price by Application (2021-2032)
12 Asia (Excluding China)
- 12.1 Asia Electric Traction Motor Market Size by Type
- 12.1.1 Asia Electric Traction Motor Revenue by Type (2021-2032)
- 12.1.2 Asia Electric Traction Motor Sales by Type (2021-2032)
- 12.1.3 Asia Electric Traction Motor Price by Type (2021-2032)
- 12.2 Asia Electric Traction Motor Market Size by Application
- 12.2.1 Asia Electric Traction Motor Revenue by Application (2021-2032)
- 12.2.2 Asia Electric Traction Motor Sales by Application (2021-2032)
- 12.2.3 Asia Electric Traction Motor Price by Application (2021-2032)
- 12.3 Asia Electric Traction Motor Market Size by Country
- 12.3.1 Asia Electric Traction Motor Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 12.3.2 Asia Electric Traction Motor Sales by Country (2021 VS 2025 VS 2032)
- 12.3.3 Asia Electric Traction Motor Price by Country (2021-2032)
- 12.3.4 Japan
- 12.3.5 South Korea
- 12.3.6 India
- 12.3.7 Australia
- 12.3.8 Taiwan
- 12.3.9 Southeast Asia
13 South America, Middle East and Africa
- 13.1 SAMEA Electric Traction Motor Market Size by Type
- 13.1.1 SAMEA Electric Traction Motor Revenue by Type (2021-2032)
- 13.1.2 SAMEA Electric Traction Motor Sales by Type (2021-2032)
- 13.1.3 SAMEA Electric Traction Motor Price by Type (2021-2032)
- 13.2 SAMEA Electric Traction Motor Market Size by Application
- 13.2.1 SAMEA Electric Traction Motor Revenue by Application (2021-2032)
- 13.2.2 SAMEA Electric Traction Motor Sales by Application (2021-2032)
- 13.2.3 SAMEA Electric Traction Motor Price by Application (2021-2032)
- 13.3 SAMEA Electric Traction Motor Market Size by Country
- 13.3.1 SAMEA Electric Traction Motor Revenue Grow Rate by Country (2021 VS 2025 VS 2032)
- 13.3.2 SAMEA Electric Traction Motor Sales by Country (2021 VS 2025 VS 2032)
- 13.3.3 SAMEA Electric Traction Motor Price by Country (2021-2032)
- 13.3.4 Brazil
- 13.3.5 Argentina
- 13.3.6 Chile
- 13.3.7 Colombia
- 13.3.8 Peru
- 13.3.9 Saudi Arabia
- 13.3.10 Israel
- 13.3.11 UAE
- 13.3.12 Turkey
- 13.3.13 Iran
- 13.3.14 Egypt
14 Value Chain and Sales Channels Analysis
- 14.1 Electric Traction Motor Value Chain Analysis
- 14.1.1 Electric Traction Motor Key Raw Materials
- 14.1.2 Raw Materials Key Suppliers
- 14.1.3 Manufacturing Cost Structure
- 14.1.4 Electric Traction Motor Production Mode & Process
- 14.2 Electric Traction Motor Sales Channels Analysis
- 14.2.1 Direct Comparison with Distribution Share
- 14.2.2 Electric Traction Motor Distributors
- 14.2.3 Electric Traction Motor Customers
15 Concluding Insights
16 Appendix
- 16.1 Reasons for Doing This Study
- 16.2 Research Methodology
- 16.3 Research Process
- 16.4 Authors List of This Report
- 16.5 Data Source
- 16.5.1 Secondary Sources
- 16.5.2 Primary Sources
- 16.6 Disclaimer
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