Electric Vehicle Traction Motor Market Report Overview 2022 |Top Industry Players - ABB Ltd, Siemens AG, General Electric Company, CG Power and Industrial Solutions Ltd, CRRC Corporation Limited

December 08, 2022

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The Electric Vehicle Traction Motor Global Market Report 2021-31 by The Business Research Company describes and explains the global electric vehicle traction motor market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Electric Vehicle Traction Motor Global Market Report 2022 covers electric vehicle traction motor market drivers, electric vehicle traction motor market trends, electric vehicle traction motor market segments, electric vehicle traction motor market growth rate, electric vehicle traction motor market major players, and electric vehicle traction motor market size.

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https://www.thebusinessresearchcompany.com/report/electric-vehicle-traction-motor-global-market-report

The electric vehicle traction motor market report provides in-depth analysis of the impact of COVID-19 on the global electric vehicle traction motor industry along with revised market numbers due to the effects of the coronavirus and the expected electric vehicle traction motor market growth numbers for 2022-2031.

The global electric vehicle traction motor market size is expected to grow from $4.13 billion in 2021 to $6.18 billion in 2022 at a compound annual growth rate (CAGR) of 49.54%. The global electric vehicle traction motor market size is expected to grow to $27.47 billion in 2026 at a compound annual growth rate (CAGR) of 45.19%.

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Electric Vehicle Traction Motor Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the electric vehicle traction motor market segments-
1) By Motor Type: Permanent Magnet Synchronous EV Traction Motors (PSM), Asynchronous EV Traction Motors (ASM)
2) By Voltage Ratings: High Voltage EV Traction Motors, Low Voltage EV Traction Motors
3) By Vehicle Type: Electric Vehicles, Plug-in Hybrid Electric Vehicles, Mild Hybrid Vehicles, Full Hybrid Vehicles
4) By Application: Railways, Electric Vehicle, Other

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About The Business Research Company:
The Business Research Company is a market intelligence firm that excels in company, market, and consumer research. Located globally it has specialist consultants in a wide range of industries including manufacturing, healthcare, financial services, chemicals, and technology. It has offices in the UK, the US and India and a network of trained researchers in 20+ countries globally.