Electric traction motors are vital for EVs, rail, metros, and industrial vehicles.
Market OverviewCAGR 3.45% (2025–2032), driven by EV adoption and electrified transport systems.
Key Drivers
EVs and hybrid demand
Clean mobility policies
Rail and metro projects
Motor efficiency innovation
Market Segmentation
Type: AC, DC
Power: <200 kW, 200–400 kW, >400 kW...
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