The Electric Traction Motor Market size is expected to grow at an annual average of CAGR 12% during the forecast period (2024-2031). A traction motor constitutes an electric motor that converts electrical energy into torque energy, and it is connected to a shaft, resulting in linear motion. Traction motors are generally used to power heavy […]
Tag Archives: Electric Traction Motor Market
Electric Traction Motor Market was valued at USD 12.2 billion in 2021 and is expected to grow at a CAGR of 19% between 2022 and 2028. An electric traction motor is the part of a locomotive that converts electrical energy into mechanical energy, driving a reliable function. Electric motors are primarily used for producing vehicle […]
Electric Traction Motor Market was valued at USD 12.2 billion in 2021 and is expected to grow at a CAGR of 19% between 2022 and 2028. An electric traction motor is the part of a locomotive that converts electrical energy into mechanical energy, driving a reliable function. Electric motors are primarily used for producing vehicle […]