Electric Traction Motor Market Revenue is Anticipated to Reach $36.6 billion by 2025 scrutinized in the new analysis - WhaTech - 0 views
-
Almira Coyne on 24 Jun 21The electric traction motor market is projected to grow at a CAGR of 20.9% from 2020 to 2025, to reach a market size of USD 36.6 billion by 2025 from USD 14.2 billion in 2020. Electric Traction Motor Market by Type (AC and DC), Power Rating (Below 200 kW, 200-400 kW, and Above 400 kW), Application (Railways, Electric Vehicles, Elevators, Conveyors, and Industrial Machinery), and Region