Strategies for a Competitive Edge in Automotive Traction Motor Market

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2025-10-27 13:39:57 -

According to the research report, the global automotive traction motor market was valued at USD 5.67 billion in 2021 and is expected to reach USD 32.40 billion by 2030, to grow at a CAGR of 22.5% during the forecast period. Market’s Growth Drivers Surge in Electric Vehicle AdoptionThe primary driver of the automotive traction motor market is the exponential growth of...

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