APO Research, Inc.

APO RESEARCH · REPORT

Permanent Magnet Traction System

Selected research

Industry Growth & Trends

Global Permanent Magnet Traction System Industry Growth and Trends Forecast to 2032

Market perspective

The global Permanent Magnet Traction System market was valued at US$ million in 2026 and is projected to reach US$ million by 2032, implying a CAGR of xx% over 2026-2032.

The North America market for Permanent Magnet Traction System is projected to increase from US$ million in 2026 to US$ million by 2032, corresponding to a CAGR of % over 2026-2032.

The Europe market for Permanent Magnet Traction System is projected to increase from US$ million in 2026 to US$ million by 2032, registering a CAGR of % over 2026-2032.

Read the full market overview

The Asia Pacific market for Permanent Magnet Traction System is projected to increase from US$ million in 2026 to US$ million by 2032, at a CAGR of % over 2026-2032.

Leading global manufacturers of Permanent Magnet Traction System include Siemens Mobility, HITACHI, Alstom Transport, ABB, GE, Toshiba, MEIDENSHA, CONTINENTAL and MACCON, among others. In 2025, the top three vendors together accounted for approximately % of global revenue.

Report Scope

This report provides a structured, data-driven view of the global Permanent Magnet Traction System market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The Permanent Magnet Traction System market size, estimates, and forecasts are presented in terms of sales volume (units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Permanent Magnet Traction System market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Permanent Magnet Traction System.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global Permanent Magnet Traction System market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

Permanent Magnet Traction System Market by Company

Siemens Mobility

HITACHI

Alstom Transport

ABB

GE

Toshiba

MEIDENSHA

CONTINENTAL

MACCON

CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE

Permanent Magnet Traction System Segment by Type

<300kW

300-500kW

500-1000kW

>1000kW

Permanent Magnet Traction System Segment by Application

Express Train

Subway

Light Rail

Others

Permanent Magnet Traction System 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

Middle East & Africa

Egypt

South Africa

Israel

Türkiye

GCC Countries

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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 Permanent Magnet Traction System 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 Permanent Magnet Traction System 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 Permanent Magnet Traction System.

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 study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

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: Detailed analysis of Permanent Magnet Traction System manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Permanent Magnet Traction System in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of <300kW Table 2. Major Company of 300-500kW Table 3. Major Company of 500-1000kW Table 4. Major Company of >1000kW Table 5. Global Permanent Magnet Traction System Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 6. Global Permanent Magnet Traction System Sales by Type (2021-2026) & (units) Table 7. Global Permanent Magnet Traction System Sales Market Share in Volume by Type (2021-2026) Table 8. Global Permanent Magnet Traction System Sales by Type (2021-2026) & (US$ Million) Table 9. Global Permanent Magnet Traction System Sales Market Share in Value by Type (2021-2026) Table 10. Global Permanent Magnet Traction System Price by Type (2021-2026) & (USD/unit) Table 11. Global Permanent Magnet Traction System Sales by Type (2027-2032) & (units) Table 12. Global Permanent Magnet Traction System Sales Market Share in Volume by Type (2027-2032) Table 13. Global Permanent Magnet Traction System Sales by Type (2027-2032) & (US$ Million) Table 14. Global Permanent Magnet Traction System Sales Market Share in Value by Type (2027-2032) Table 15. Global Permanent Magnet Traction System Price by Type (2027-2032) & (USD/unit) Table 16. North America Permanent Magnet Traction System Sales by Type (2021-2026) & (units) Table 17. North America Permanent Magnet Traction System Sales by Type (2021-2026) & (US$ Million) Table 18. Europe Permanent Magnet Traction System Sales by Type (2021-2026) & (units) Table 19. Europe Permanent Magnet Traction System Sales by Type (2021-2026) & (US$ Million) Table 20. Asia-Pacific Permanent Magnet Traction System Sales by Type (2021-2026) & (units) Table 21. Asia-Pacific Permanent Magnet Traction System Sales by Type (2021-2026) & (US$ Million) Table 22. Latin America Permanent Magnet Traction System Sales by Type (2021-2026) & (units) Table 23. Latin America Permanent Magnet Traction System Sales by Type (2021-2026) & (US$ Million) Table 24. Middle East and Africa Permanent Magnet Traction System Sales by Type (2021-2026) & (units) Table 25. Middle East and Africa Permanent Magnet Traction System Sales by Type (2021-2026) & (US$ Million) Table 26. Permanent Magnet Traction System Industry Trends Table 27. Permanent Magnet Traction System Industry Drivers Table 28. Permanent Magnet Traction System Industry Opportunities and Challenges Table 29. Permanent Magnet Traction System Industry Restraints Table 30. Global Permanent Magnet Traction System Sales Revenue by Company (US$ Million) & (2021-2026) Table 31. Global Permanent Magnet Traction System Revenue Market Share by Company (2021-2026) Table 32. Global Permanent Magnet Traction System Sales by Company (2021-2026) & (units) Table 33. Global Permanent Magnet Traction System Sales Share by Company (2021-2026) Table 34. Global Permanent Magnet Traction System Market Price by Company (2021-2026) & (USD/unit) Table 35. Global Permanent Magnet Traction System Industry Company Ranking, 2024 VS 2025 VS 2026 Table 36. Global Permanent Magnet Traction System Major Company Production Sites and Headquarters Table 37. Global Permanent Magnet Traction System Company, Product Type & Application Table 38. Global Permanent Magnet Traction System Company Establishment Date Table 39. Global Company Market Concentration Ratio (CR5 and HHI) Table 40. Global Permanent Magnet Traction System by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 41. Global Permanent Magnet Traction System Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 42. Global Permanent Magnet Traction System Sales by Region (2021-2026) & (units) Table 43. Global Permanent Magnet Traction System Sales Market Share in Volume by Region (2021-2026) Table 44. Global Permanent Magnet Traction System Sales by Region (2021-2026) & (US$ Million) Table 45. Global Permanent Magnet Traction System Sales Market Share in Value by Region (2021-2026) Table 46. Global Permanent Magnet Traction System Sales (units), Value (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 47. Global Permanent Magnet Traction System Sales by Region (2027-2032) & (units) Table 48. Global Permanent Magnet Traction System Sales Market Share in Volume by Region (2027-2032) Table 49. Global Permanent Magnet Traction System Sales by Region (2027-2032) & (US$ Million) Table 50. Global Permanent Magnet Traction System Sales Market Share in Value by Region (2027-2032) Table 51. Global Permanent Magnet Traction System Sales (units), Value (US$ Million), Price (USD/unit) and Gross Margin (2027-2032) Table 52. Global Permanent Magnet Traction System Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 53. Global Permanent Magnet Traction System Sales by Application (2021-2026) & (units) Table 54. Global Permanent Magnet Traction System Sales Market Share in Volume by Application (2021-2026) Table 55. Global Permanent Magnet Traction System Sales by Application (2021-2026) & (US$ Million) Table 56. Global Permanent Magnet Traction System Sales Market Share in Value by Application (2021-2026) Table 57. Global Permanent Magnet Traction System Price by Application (2021-2026) & (USD/unit) Table 58. Global Permanent Magnet Traction System Sales by Application (2027-2032) & (units) Table 59. Global Permanent Magnet Traction System Sales Market Share in Volume by Application (2027-2032) Table 60. Global Permanent Magnet Traction System Sales by Application (2027-2032) & (US$ Million) Table 61. Global Permanent Magnet Traction System Sales Market Share in Value by Application (2027-2032) Table 62. Global Permanent Magnet Traction System Price by Application (2027-2032) & (USD/unit) Table 63. North America Permanent Magnet Traction System Sales by Application (2021-2026) & (units) Table 64. North America Permanent Magnet Traction System Sales by Application (2021-2026) & (US$ Million) Table 65. Europe Permanent Magnet Traction System Sales by Application (2021-2026) & (units) Table 66. Europe Permanent Magnet Traction System Sales by Application (2021-2026) & (US$ Million) Table 67. Asia-Pacific Permanent Magnet Traction System Sales by Application (2021-2026) & (units) Table 68. Asia-Pacific Permanent Magnet Traction System Sales by Application (2021-2026) & (US$ Million) Table 69. Latin America Permanent Magnet Traction System Sales by Application (2021-2026) & (units) Table 70. Latin America Permanent Magnet Traction System Sales by Application (2021-2026) & (US$ Million) Table 71. Middle East and Africa Permanent Magnet Traction System Sales by Application (2021-2026) & (units) Table 72. Middle East and Africa Permanent Magnet Traction System Sales by Application (2021-2026) & (US$ Million) Table 73. Siemens Mobility Company Information Table 74. Siemens Mobility Business Overview Table 75. Siemens Mobility Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 76. Siemens Mobility Permanent Magnet Traction System Product Portfolio Table 77. Siemens Mobility Recent Development Table 78. HITACHI Company Information Table 79. HITACHI Business Overview Table 80. HITACHI Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 81. HITACHI Permanent Magnet Traction System Product Portfolio Table 82. HITACHI Recent Development Table 83. Alstom Transport Company Information Table 84. Alstom Transport Business Overview Table 85. Alstom Transport Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 86. Alstom Transport Permanent Magnet Traction System Product Portfolio Table 87. Alstom Transport Recent Development Table 88. ABB Company Information Table 89. ABB Business Overview Table 90. ABB Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 91. ABB Permanent Magnet Traction System Product Portfolio Table 92. ABB Recent Development Table 93. GE Company Information Table 94. GE Business Overview Table 95. GE Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 96. GE Permanent Magnet Traction System Product Portfolio Table 97. GE Recent Development Table 98. Toshiba Company Information Table 99. Toshiba Business Overview Table 100. Toshiba Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 101. Toshiba Permanent Magnet Traction System Product Portfolio Table 102. Toshiba Recent Development Table 103. MEIDENSHA Company Information Table 104. MEIDENSHA Business Overview Table 105. MEIDENSHA Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 106. MEIDENSHA Permanent Magnet Traction System Product Portfolio Table 107. MEIDENSHA Recent Development Table 108. CONTINENTAL Company Information Table 109. CONTINENTAL Business Overview Table 110. CONTINENTAL Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 111. CONTINENTAL Permanent Magnet Traction System Product Portfolio Table 112. CONTINENTAL Recent Development Table 113. MACCON Company Information Table 114. MACCON Business Overview Table 115. MACCON Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 116. MACCON Permanent Magnet Traction System Product Portfolio Table 117. MACCON Recent Development Table 118. CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Company Information Table 119. CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Business Overview Table 120. CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Permanent Magnet Traction System Sales (units), Revenue (US$ Million), Price (USD/unit) and Gross Margin (2021-2026) Table 121. CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Permanent Magnet Traction System Product Portfolio Table 122. CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Recent Development Table 123. North America Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 124. North America Permanent Magnet Traction System Sales by Country (2021-2026) & (units) Table 125. North America Permanent Magnet Traction System Sales Market Share by Country (2021-2026) Table 126. North America Permanent Magnet Traction System Sales Forecast by Country (2027-2032) & (units) Table 127. North America Permanent Magnet Traction System Sales Market Share Forecast by Country (2027-2032) Table 128. North America Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 129. North America Permanent Magnet Traction System Market Size by Country (2021-2026) & (US$ Million) Table 130. North America Permanent Magnet Traction System Market Share by Country (2021-2026) Table 131. North America Permanent Magnet Traction System Market Size Forecast by Country (2027-2032) & (US$ Million) Table 132. North America Permanent Magnet Traction System Market Share Forecast by Country (2027-2032) Table 133. Europe Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 134. Europe Permanent Magnet Traction System Sales by Country (2021-2026) & (units) Table 135. Europe Permanent Magnet Traction System Sales Market Share by Country (2021-2026) Table 136. Europe Permanent Magnet Traction System Sales Forecast by Country (2027-2032) & (units) Table 137. Europe Permanent Magnet Traction System Sales Market Share Forecast by Country (2027-2032) Table 138. Europe Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 139. Europe Permanent Magnet Traction System Market Size by Country (2021-2026) & (US$ Million) Table 140. Europe Permanent Magnet Traction System Market Share by Country (2021-2026) Table 141. Europe Permanent Magnet Traction System Market Size Forecast by Country (2027-2032) & (US$ Million) Table 142. Europe Permanent Magnet Traction System Market Share Forecast by Country (2027-2032) Table 143. Asia-Pacific Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 144. Asia-Pacific Permanent Magnet Traction System Sales by Country (2021-2026) & (units) Table 145. Asia-Pacific Permanent Magnet Traction System Sales Market Share by Country (2021-2026) Table 146. Asia-Pacific Permanent Magnet Traction System Sales Forecast by Country (2027-2032) & (units) Table 147. Asia-Pacific Permanent Magnet Traction System Sales Market Share Forecast by Country (2027-2032) Table 148. Asia-Pacific Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 149. Asia-Pacific Permanent Magnet Traction System Market Size by Country (2021-2026) & (US$ Million) Table 150. Asia-Pacific Permanent Magnet Traction System Market Share by Country (2021-2026) Table 151. Asia-Pacific Permanent Magnet Traction System Market Size Forecast by Country (2027-2032) & (US$ Million) Table 152. Asia-Pacific Permanent Magnet Traction System Market Share Forecast by Country (2027-2032) Table 153. Latin America Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 154. Latin America Permanent Magnet Traction System Sales by Country (2021-2026) & (units) Table 155. Latin America Permanent Magnet Traction System Sales Market Share by Country (2021-2026) Table 156. Latin America Permanent Magnet Traction System Sales Forecast by Country (2027-2032) & (units) Table 157. Latin America Permanent Magnet Traction System Sales Market Share Forecast by Country (2027-2032) Table 158. Latin America Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 159. Latin America Permanent Magnet Traction System Market Size by Country (2021-2026) & (US$ Million) Table 160. Latin America Permanent Magnet Traction System Market Share by Country (2021-2026) Table 161. Latin America Permanent Magnet Traction System Market Size Forecast by Country (2027-2032) & (US$ Million) Table 162. Latin America Permanent Magnet Traction System Market Share Forecast by Country (2027-2032) Table 163. Middle East and Africa Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (units): 2021 VS 2025 VS 2032 Table 164. Middle East and Africa Permanent Magnet Traction System Sales by Country (2021-2026) & (units) Table 165. Middle East and Africa Permanent Magnet Traction System Sales Market Share by Country (2021-2026) Table 166. Middle East and Africa Permanent Magnet Traction System Sales Forecast by Country (2027-2032) & (units) Table 167. Middle East and Africa Permanent Magnet Traction System Sales Market Share Forecast by Country (2027-2032) Table 168. Middle East and Africa Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 169. Middle East and Africa Permanent Magnet Traction System Market Size by Country (2021-2026) & (US$ Million) Table 170. Middle East and Africa Permanent Magnet Traction System Market Share by Country (2021-2026) Table 171. Middle East and Africa Permanent Magnet Traction System Market Size Forecast by Country (2027-2032) & (US$ Million) Table 172. Middle East and Africa Permanent Magnet Traction System Market Share Forecast by Country (2027-2032) Table 173. Key Raw Materials Table 174. Raw Materials Key Suppliers Table 175. Permanent Magnet Traction System Distributors List Table 176. Permanent Magnet Traction System Customers List Table 177. Research Programs/Design for This Report Table 178. Authors List of This Report Table 179. Secondary Sources Table 180. Primary Sources List of Figures Figure 1. Permanent Magnet Traction System Image Figure 2. Global Permanent Magnet Traction System Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global Permanent Magnet Traction System Market Size (2021-2032) & (US$ Million) Figure 4. Global Permanent Magnet Traction System Sales (2021-2032) & (units) Figure 5. <300kW Image Figure 6. Global <300kW Sales YoY Growth (2021-2032) & (units) Figure 7. 300-500kW Image Figure 8. Global 300-500kW Sales YoY Growth (2021-2032) & (units) Figure 9. 500-1000kW Image Figure 10. Global 500-1000kW Sales YoY Growth (2021-2032) & (units) Figure 11. >1000kW Image Figure 12. Global >1000kW Sales YoY Growth (2021-2032) & (units) Figure 13. Global Permanent Magnet Traction System Market Size Overview by Type (2021-2032) & (US$ Million) Figure 14. Global Permanent Magnet Traction System Market Share by Type 2025 VS 2032 Figure 15. North America Permanent Magnet Traction System Sales Market Share in Volume by Type in 2025 Figure 16. North America Permanent Magnet Traction System Sales Market Share in Value by Type in 2025 Figure 17. Europe Permanent Magnet Traction System Sales Market Share in Volume by Type in 2025 Figure 18. Europe Permanent Magnet Traction System Sales Market Share in Value by Type in 2025 Figure 19. Asia-Pacific Permanent Magnet Traction System Sales Market Share in Volume by Type in 2025 Figure 20. Asia-Pacific Permanent Magnet Traction System Sales Market Share in Value by Type in 2025 Figure 21. Latin America Permanent Magnet Traction System Sales Market Share in Volume by Type in 2025 Figure 22. Latin America Permanent Magnet Traction System Sales Market Share in Value by Type in 2025 Figure 23. Middle East and Africa Permanent Magnet Traction System Sales Market Share in Volume by Type in 2025 Figure 24. Middle East and Africa Permanent Magnet Traction System Sales Market Share in Value by Type in 2025 Figure 25. Global Top 5 and 10 Permanent Magnet Traction System Players Market Share by Revenue in 2025 Figure 26. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 27. Express Train Image Figure 28. Global Express Train Sales YoY Growth (2021-2032) & (units) Figure 29. Subway Image Figure 30. Global Subway Sales YoY Growth (2021-2032) & (units) Figure 31. Light Rail Image Figure 32. Global Light Rail Sales YoY Growth (2021-2032) & (units) Figure 33. Others Image Figure 34. Global Others Sales YoY Growth (2021-2032) & (units) Figure 35. Global Permanent Magnet Traction System Market Size Overview by Application (2021-2032) & (US$ Million) Figure 36. Global Permanent Magnet Traction System Market Share by Application 2025 VS 2032 Figure 37. North America Permanent Magnet Traction System Sales Market Share in Volume by Application in 2025 Figure 38. North America Permanent Magnet Traction System Sales Market Share in Value by Application in 2025 Figure 39. Europe Permanent Magnet Traction System Sales Market Share in Volume by Application in 2025 Figure 40. Europe Permanent Magnet Traction System Sales Market Share in Value by Application in 2025 Figure 41. Asia-Pacific Permanent Magnet Traction System Sales Market Share in Volume by Application in 2025 Figure 42. Asia-Pacific Permanent Magnet Traction System Sales Market Share in Value by Application in 2025 Figure 43. Latin America Permanent Magnet Traction System Sales Market Share in Volume by Application in 2025 Figure 44. Latin America Permanent Magnet Traction System Sales Market Share in Value by Application in 2025 Figure 45. Middle East and Africa Permanent Magnet Traction System Sales Market Share in Volume by Application in 2025 Figure 46. Middle East and Africa Permanent Magnet Traction System Sales Market Share in Value by Application in 2025 Figure 47. North America Permanent Magnet Traction System Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 48. North America Permanent Magnet Traction System Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. North America Permanent Magnet Traction System Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. North America Permanent Magnet Traction System Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Europe Permanent Magnet Traction System Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 52. Europe Permanent Magnet Traction System Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Europe Permanent Magnet Traction System Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Europe Permanent Magnet Traction System Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Asia-Pacific Permanent Magnet Traction System Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 56. Asia-Pacific Permanent Magnet Traction System Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Asia-Pacific Permanent Magnet Traction System Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Asia-Pacific Permanent Magnet Traction System Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. Latin America Permanent Magnet Traction System Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 60. Latin America Permanent Magnet Traction System Sales Share by Country: 2021 VS 2025 VS 2032 Figure 61. Latin America Permanent Magnet Traction System Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 62. Latin America Permanent Magnet Traction System Market Share by Country: 2021 VS 2025 VS 2032 Figure 63. Middle East and Africa Permanent Magnet Traction System Sales by Country: 2021 VS 2025 VS 2032 (units) Figure 64. Middle East and Africa Permanent Magnet Traction System Sales Share by Country: 2021 VS 2025 VS 2032 Figure 65. Middle East and Africa Permanent Magnet Traction System Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 66. Middle East and Africa Permanent Magnet Traction System Market Share by Country: 2021 VS 2025 VS 2032 Figure 67. Permanent Magnet Traction System Value Chain Figure 68. Key Raw Materials Price Figure 69. Manufacturing Cost Structure Figure 70. Permanent Magnet Traction System Production Mode & Process Figure 71. Direct Comparison with Distribution Share Figure 72. Distributors Profiles Figure 73. Years Considered Figure 74. Research Process Figure 75. Key Executives Interviewed

Scope & coverage.

Types
  • <300kW
  • 300-500kW
  • 500-1000kW
  • >1000kW
Applications
  • Express Train
  • Subway
  • Light Rail
  • Others
Companies covered
  • Siemens Mobility
  • HITACHI
  • Alstom Transport
  • ABB
  • GE
  • Toshiba
  • MEIDENSHA
  • CONTINENTAL
  • MACCON
  • CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE

Inside the report.

1 Market Overview
  1. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global Permanent Magnet Traction System Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global Permanent Magnet Traction System Sales Estimates and Forecasts (2021-2032)
  5. 1.3 Permanent Magnet Traction System Market by Type
  6. 1.3.1 <300kW
  7. 1.3.2 300-500kW
  8. 1.3.3 500-1000kW
  9. 1.3.4 >1000kW
  10. 1.4 Global Permanent Magnet Traction System Market Size by Type
  11. 1.4.1 Global Permanent Magnet Traction System Market Size Overview by Type (2021-2032)
  12. 1.4.2 Global Permanent Magnet Traction System Historic Market Size Review by Type (2021-2026)
  13. 1.4.3 Global Permanent Magnet Traction System Forecasted Market Size by Type (2027-2032)
  14. 1.5 Key Regions Market Size by Type
  15. 1.5.1 North America Permanent Magnet Traction System Sales Breakdown by Type (2021-2026)
  16. 1.5.2 Europe Permanent Magnet Traction System Sales Breakdown by Type (2021-2026)
  17. 1.5.3 Asia-Pacific Permanent Magnet Traction System Sales Breakdown by Type (2021-2026)
  18. 1.5.4 South America Permanent Magnet Traction System Sales Breakdown by Type (2021-2026)
  19. 1.5.5 Middle East and Africa Permanent Magnet Traction System Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 Permanent Magnet Traction System Industry Trends
  2. 2.2 Permanent Magnet Traction System Industry Drivers
  3. 2.3 Permanent Magnet Traction System Industry Opportunities and Challenges
  4. 2.4 Permanent Magnet Traction System Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by Permanent Magnet Traction System Revenue (2021-2026)
  2. 3.2 Global Top Players by Permanent Magnet Traction System Sales (2021-2026)
  3. 3.3 Global Top Players by Permanent Magnet Traction System Price (2021-2026)
  4. 3.4 Global Permanent Magnet Traction System Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global Permanent Magnet Traction System Major Company Production Sites & Headquarters
  6. 3.6 Global Permanent Magnet Traction System Company, Product Type & Application
  7. 3.7 Global Permanent Magnet Traction System Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global Permanent Magnet Traction System Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 Permanent Magnet Traction System Players Market Share by Revenue in 2025
  11. 3.8.3 2025 Permanent Magnet Traction System Tier 1, Tier 2, and Tier 3
4 Permanent Magnet Traction System Regional Status and Outlook
  1. 4.1 Global Permanent Magnet Traction System Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global Permanent Magnet Traction System Historic Market Size by Region
  3. 4.2.1 Global Permanent Magnet Traction System Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global Permanent Magnet Traction System Sales in Value by Region (2021-2026)
  5. 4.2.3 Global Permanent Magnet Traction System Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global Permanent Magnet Traction System Forecasted Market Size by Region
  7. 4.3.1 Global Permanent Magnet Traction System Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global Permanent Magnet Traction System Sales in Value by Region (2027-2032)
  9. 4.3.3 Global Permanent Magnet Traction System Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Permanent Magnet Traction System by Application
  1. 5.1 Permanent Magnet Traction System Market by Application
  2. 5.1.1 Express Train
  3. 5.1.2 Subway
  4. 5.1.3 Light Rail
  5. 5.1.4 Others
  6. 5.2 Global Permanent Magnet Traction System Market Size by Application
  7. 5.2.1 Global Permanent Magnet Traction System Market Size Overview by Application (2021-2032)
  8. 5.2.2 Global Permanent Magnet Traction System Historic Market Size Review by Application (2021-2026)
  9. 5.2.3 Global Permanent Magnet Traction System Forecasted Market Size by Application (2027-2032)
  10. 5.3 Key Regions Market Size by Application
  11. 5.3.1 North America Permanent Magnet Traction System Sales Breakdown by Application (2021-2026)
  12. 5.3.2 Europe Permanent Magnet Traction System Sales Breakdown by Application (2021-2026)
  13. 5.3.3 Asia-Pacific Permanent Magnet Traction System Sales Breakdown by Application (2021-2026)
  14. 5.3.4 South America Permanent Magnet Traction System Sales Breakdown by Application (2021-2026)
  15. 5.3.5 Middle East and Africa Permanent Magnet Traction System Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 Siemens Mobility
  2. 6.1.1 Siemens Mobility Company Information
  3. 6.1.2 Siemens Mobility Business Overview
  4. 6.1.3 Siemens Mobility Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 Siemens Mobility Permanent Magnet Traction System Product Portfolio
  6. 6.1.5 Siemens Mobility Recent Developments
  7. 6.2 HITACHI
  8. 6.2.1 HITACHI Company Information
  9. 6.2.2 HITACHI Business Overview
  10. 6.2.3 HITACHI Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 HITACHI Permanent Magnet Traction System Product Portfolio
  12. 6.2.5 HITACHI Recent Developments
  13. 6.3 Alstom Transport
  14. 6.3.1 Alstom Transport Company Information
  15. 6.3.2 Alstom Transport Business Overview
  16. 6.3.3 Alstom Transport Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Alstom Transport Permanent Magnet Traction System Product Portfolio
  18. 6.3.5 Alstom Transport Recent Developments
  19. 6.4 ABB
  20. 6.4.1 ABB Company Information
  21. 6.4.2 ABB Business Overview
  22. 6.4.3 ABB Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 ABB Permanent Magnet Traction System Product Portfolio
  24. 6.4.5 ABB Recent Developments
  25. 6.5 GE
  26. 6.5.1 GE Company Information
  27. 6.5.2 GE Business Overview
  28. 6.5.3 GE Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 GE Permanent Magnet Traction System Product Portfolio
  30. 6.5.5 GE Recent Developments
  31. 6.6 Toshiba
  32. 6.6.1 Toshiba Company Information
  33. 6.6.2 Toshiba Business Overview
  34. 6.6.3 Toshiba Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Toshiba Permanent Magnet Traction System Product Portfolio
  36. 6.6.5 Toshiba Recent Developments
  37. 6.7 MEIDENSHA
  38. 6.7.1 MEIDENSHA Company Information
  39. 6.7.2 MEIDENSHA Business Overview
  40. 6.7.3 MEIDENSHA Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 MEIDENSHA Permanent Magnet Traction System Product Portfolio
  42. 6.7.5 MEIDENSHA Recent Developments
  43. 6.8 CONTINENTAL
  44. 6.8.1 CONTINENTAL Company Information
  45. 6.8.2 CONTINENTAL Business Overview
  46. 6.8.3 CONTINENTAL Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 CONTINENTAL Permanent Magnet Traction System Product Portfolio
  48. 6.8.5 CONTINENTAL Recent Developments
  49. 6.9 MACCON
  50. 6.9.1 MACCON Company Information
  51. 6.9.2 MACCON Business Overview
  52. 6.9.3 MACCON Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 MACCON Permanent Magnet Traction System Product Portfolio
  54. 6.9.5 MACCON Recent Developments
  55. 6.10 CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE
  56. 6.10.1 CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Company Information
  57. 6.10.2 CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Business Overview
  58. 6.10.3 CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Permanent Magnet Traction System Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Permanent Magnet Traction System Product Portfolio
  60. 6.10.5 CRRC ZHUZHOU ELECTRIC LOCOMOTIVE RESEARCH INTITUTE Recent Developments
7 North America by Country
  1. 7.1 North America Permanent Magnet Traction System Sales by Country
  2. 7.1.1 North America Permanent Magnet Traction System Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America Permanent Magnet Traction System Sales by Country (2021-2026)
  4. 7.1.3 North America Permanent Magnet Traction System Sales Forecast by Country (2027-2032)
  5. 7.2 North America Permanent Magnet Traction System Market Size by Country
  6. 7.2.1 North America Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America Permanent Magnet Traction System Market Size by Country (2021-2026)
  8. 7.2.3 North America Permanent Magnet Traction System Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe Permanent Magnet Traction System Sales by Country
  2. 8.1.1 Europe Permanent Magnet Traction System Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe Permanent Magnet Traction System Sales by Country (2021-2026)
  4. 8.1.3 Europe Permanent Magnet Traction System Sales Forecast by Country (2027-2032)
  5. 8.2 Europe Permanent Magnet Traction System Market Size by Country
  6. 8.2.1 Europe Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe Permanent Magnet Traction System Market Size by Country (2021-2026)
  8. 8.2.3 Europe Permanent Magnet Traction System Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific Permanent Magnet Traction System Sales by Country
  2. 9.1.1 Asia-Pacific Permanent Magnet Traction System Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific Permanent Magnet Traction System Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific Permanent Magnet Traction System Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific Permanent Magnet Traction System Market Size by Country
  6. 9.2.1 Asia-Pacific Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific Permanent Magnet Traction System Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific Permanent Magnet Traction System Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America Permanent Magnet Traction System Sales by Country
  2. 10.1.1 South America Permanent Magnet Traction System Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America Permanent Magnet Traction System Sales by Country (2021-2026)
  4. 10.1.3 South America Permanent Magnet Traction System Sales Forecast by Country (2027-2032)
  5. 10.2 South America Permanent Magnet Traction System Market Size by Country
  6. 10.2.1 South America Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America Permanent Magnet Traction System Market Size by Country (2021-2026)
  8. 10.2.3 South America Permanent Magnet Traction System Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa Permanent Magnet Traction System Sales by Country
  2. 11.1.1 Middle East and Africa Permanent Magnet Traction System Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa Permanent Magnet Traction System Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa Permanent Magnet Traction System Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa Permanent Magnet Traction System Market Size by Country
  6. 11.2.1 Middle East and Africa Permanent Magnet Traction System Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa Permanent Magnet Traction System Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa Permanent Magnet Traction System Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 Permanent Magnet Traction System Value Chain Analysis
  2. 12.1.1 Permanent Magnet Traction System Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 Permanent Magnet Traction System Production Mode & Process
  7. 12.2 Permanent Magnet Traction System Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 Permanent Magnet Traction System Distributors
  10. 12.2.3 Permanent Magnet Traction System Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

    GET THE RESEARCH

    Choose your license.

    Choose who needs access.
    All options are for this report and research series.

    Compare access permissions.

    Single User License
    One named user. Individual access.
    Multi User License
    Up to 5 users in the same department.
    Enterprise License
    Organization-wide access within the agreed license.

    Access applies to the purchased edition. Later editions are separate purchases.

    License options
    $3,450USD
    Buy now

    PDF by email within 3–5 working days after payment confirmation.

    Talk to an analyst
    APO Research, Inc.