Electric Traction Motor Market Update, Analysis, Forecast, 2019-2025

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Electric Traction Motor Market outlook with
industry review and Forecasts
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Global Market Scenario of Electric Traction Motor
Industry

• The Global Electric Traction Motor market study
  focuses major leading industry players with
  information such as company profiles, product
  picture and specification, capacity, production,
  price, cost, revenue and contact information. It
  provides information on trends and developments,
  and focuses on markets and materials, capacities
  and technologies, and on the changing structure.
• Demand for low maintenance and emission less
  sustainable equipment to achieve energy
  optimization across various industries will boost
  the electric traction motor market. Minimum
  electrical interference, rapid accelerations,
  high torque, and light weight are some the key
  underlying features which will led to raise the
  adoption of these units across the globe.

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Continue

• AC Electric traction motor market will witness
  growth due to its growing adoption across diesel
  electric engines. Soaring investments to upgrade
  existing railway networks will further favor the
  product adoption across developing nations. High
  torque, along with maximum adhesion property will
  favor the adoption of these units over another
  available alternative.
• Growing number of chemical facilities coupled
  with rising investment across food beverage
  industry will drive the Germany electric traction
  motor market. As per the United Nations
  Industrial Development Organization (UNIDO), the
  total manufacturing value added by the countrys
  food beverages industry accounted for USD
  46,232 million in 2017 when compared to USD
  41,023 million in 2005. Rising applications
  across grinder, converters, packaging equipment
  and mixers further accelerate the product demand
  over the forecast timeframe.

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Market research reports Key analytical
components
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Regional Insights

• Increasing adoption of EVs owing stringent
  emission control measures by the regulators will
  drive the Asia Pacific electric traction motor
  market.
• Supportive government policies including tax
  credits, incentives and subsidies for the
  manufacturers and for the end consumers will
  create a favorable scenario. For instance, as per
  the China Association of Automobile
  Manufacturers, over the 600,000 NEVs were sold in
  the first quarter of 2018.

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