The Asia Pacific Electric Traction Motor Market would witness market growth of 12.1% CAGR during the forecast period (2022-2028).
For many years, the DC motor served as the foundation of the electric traction drives used in diesel and electric locomotives, street cars, and drilling rigs. It is made up of two components: a rotating armature and fixed field windings positioned around the rotating armature's shaft. The tightly wrapped coils of wire that make up the fixed field windings are installed within the motor case.
The field windings are connected to the armature, which is another series of coils wound around a central shaft, by "brushes," which are spring-loaded contacts pressed up against the commutator, an extension of the armature. To facilitate the proper order of current flow, the commutator gathers all of the armature coil terminations and spreads them in a circular pattern.
The term "series-wound" refers to the entire motor when the armature and field windings are linked in series. Low resistance armature and field circuits are features of series-wound DC motors. Because of Ohm's law, the current is strong when voltage is added to it. High current has the benefit of producing powerful magnetic fields within the motor, which results in high torque (turning force), making it perfect for starting a train.
In this area, the Chinese government is concentrating its efforts on offering incentives to promote the sale of electric vehicles. For instance, India is working to increase the sales of electric vehicles, opening up chances for market expansion. In the following review period, further government initiatives to increase the sale of electric vehicles are anticipated to present chances for market growth. Nations are attempting to increase the sales of electric vehicles, which might help the sector grow. Buyers who adopt electric vehicles are given financial incentives by the Chinese government.
The China market dominated the Asia Pacific Electric Traction Motor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $2,433.1 million by 2028.The Japan market is estimated to grow a CAGR of 11.5% during (2022 - 2028). Additionally, The India market would experience a CAGR of 12.8% during (2022 - 2028).
Based on Power Rating, the market is segmented into Below 200 kW, 200-400 kW and Above 400 kW. Based on Type, the market is segmented into AC and DC. Based on Application, the market is segmented into Railways, Electric Vehicle and Others. The report also covers geographical segmentation of Electric Traction Motor market. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Electric Traction Motor Market is Projected to reach USD 23 Billion by 2028, at a CAGR of 11.7%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Robert Bosch GmbH, Toshiba Corporation, ABB Group, Siemens AG, Nidec Corporation, General Electric (GE) Co., CG Power & Industrial Solutions Ltd. (Murugappa Group), Mitsubishi Electric Corporation, Ametek, Inc., and Kawasaki Heavy Industries, Ltd.
Scope of the Study
Market Segments Covered in the Report:
By Power Rating
- Below 200 kW
- 200-400 kW
- Above 400 kW
By Type
By Application
- Railways
- Electric Vehicle
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Robert Bosch GmbH
- Toshiba Corporation
- ABB Group
- Siemens AG
- Nidec Corporation
- General Electric (GE) Co.
- CG Power & Industrial Solutions Ltd. (Murugappa Group)
- Mitsubishi Electric Corporation
- Ametek, Inc.
- Kawasaki Heavy Industries, Ltd.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Electric Traction Motor Market, by Power Rating
1.4.2 Asia Pacific Electric Traction Motor Market, by Type
1.4.3 Asia Pacific Electric Traction Motor Market, by Application
1.4.4 Asia Pacific Electric Traction Motor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Asia Pacific Electric Traction Motor Market by Power Rating
4.1 Asia Pacific Below 200 kW Market by Country
4.2 Asia Pacific 200-400 kW Market by Country
4.3 Asia Pacific Above 400 kW Market by Country
Chapter 5. Asia Pacific Electric Traction Motor Market by Type
5.1 Asia Pacific AC Market by Country
5.2 Asia Pacific DC Market by Country
Chapter 6. Asia Pacific Electric Traction Motor Market by Application
6.1 Asia Pacific Railways Market by Country
6.2 Asia Pacific Electric Vehicle Market by Country
6.3 Asia Pacific Others Market by Country
Chapter 7. Asia Pacific Electric Traction Motor Market by Country
7.1 China Electric Traction Motor Market
7.1.1 China Electric Traction Motor Market by Power Rating
7.1.2 China Electric Traction Motor Market by Type
7.1.3 China Electric Traction Motor Market by Application
7.2 Japan Electric Traction Motor Market
7.2.1 Japan Electric Traction Motor Market by Power Rating
7.2.2 Japan Electric Traction Motor Market by Type
7.2.3 Japan Electric Traction Motor Market by Application
7.3 India Electric Traction Motor Market
7.3.1 India Electric Traction Motor Market by Power Rating
7.3.2 India Electric Traction Motor Market by Type
7.3.3 India Electric Traction Motor Market by Application
7.4 South Korea Electric Traction Motor Market
7.4.1 South Korea Electric Traction Motor Market by Power Rating
7.4.2 South Korea Electric Traction Motor Market by Type
7.4.3 South Korea Electric Traction Motor Market by Application
7.5 Singapore Electric Traction Motor Market
7.5.1 Singapore Electric Traction Motor Market by Power Rating
7.5.2 Singapore Electric Traction Motor Market by Type
7.5.3 Singapore Electric Traction Motor Market by Application
7.6 Malaysia Electric Traction Motor Market
7.6.1 Malaysia Electric Traction Motor Market by Power Rating
7.6.2 Malaysia Electric Traction Motor Market by Type
7.6.3 Malaysia Electric Traction Motor Market by Application
7.7 Rest of Asia Pacific Electric Traction Motor Market
7.7.1 Rest of Asia Pacific Electric Traction Motor Market by Power Rating
7.7.2 Rest of Asia Pacific Electric Traction Motor Market by Type
7.7.3 Rest of Asia Pacific Electric Traction Motor Market by Application
Chapter 8. Company Profiles
8.1 Robert Bosch GmbH
8.1.1 Company Overview
8.1.1 Financial Analysis
8.1.2 Segmental and Regional Analysis
8.1.3 Research & Development Expense
8.1.4 Recent strategies and developments:
8.1.4.1 Partnerships, Collaborations, and Agreements:
8.1.4.2 Product Launches and Product Expansions:
8.1.5 SWOT Analysis
8.2 Toshiba Corporation
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research and Development Expense
8.2.6 SWOT Analysis
8.3 ABB Group
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Geographical Expansions:
8.3.6 SWOT Analysis
8.4 Siemens AG
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental and Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.4.6 SWOT Analysis
8.5 Nidec Corporation
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent Strategies and Developments:
8.5.5.1 Product Launches and Product Expansions:
8.5.6 SWOT Analysis
8.6 General Electric (GE) Co.
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.6 SWOT Analysis
8.7 CG Power & Industrial Solutions Ltd. (Murugappa Group)
8.7.1 Company Overview
8.7.2 Segmental and Regional Analysis
8.7.3 Recent strategies and developments:
8.7.3.1 Geographical Expansions:
8.8 Mitsubishi Electric Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.9 Ametek, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expense
8.10. Kawasaki Heavy Industries, Ltd.
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
8.10.4 Research & Development Expense
8.10.5.1 Product Launches and Product Expansions:
TABLE 1 Asia Pacific Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Electric Traction Motor Market
TABLE 4 Product Launches And Product Expansions– Electric Traction Motor Market
TABLE 5 geographical Expansions– Electric Traction Motor Market
TABLE 6 Asia Pacific Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 7 Asia Pacific Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 8 Asia Pacific Below 200 kW Market by Country, 2018 - 2021, USD Million
TABLE 9 Asia Pacific Below 200 kW Market by Country, 2022 - 2028, USD Million
TABLE 10 Asia Pacific 200-400 kW Market by Country, 2018 - 2021, USD Million
TABLE 11 Asia Pacific 200-400 kW Market by Country, 2022 - 2028, USD Million
TABLE 12 Asia Pacific Above 400 kW Market by Country, 2018 - 2021, USD Million
TABLE 13 Asia Pacific Above 400 kW Market by Country, 2022 - 2028, USD Million
TABLE 14 Asia Pacific Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 15 Asia Pacific Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 16 Asia Pacific AC Market by Country, 2018 - 2021, USD Million
TABLE 17 Asia Pacific AC Market by Country, 2022 - 2028, USD Million
TABLE 18 Asia Pacific DC Market by Country, 2018 - 2021, USD Million
TABLE 19 Asia Pacific DC Market by Country, 2022 - 2028, USD Million
TABLE 20 Asia Pacific Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 21 Asia Pacific Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 22 Asia Pacific Railways Market by Country, 2018 - 2021, USD Million
TABLE 23 Asia Pacific Railways Market by Country, 2022 - 2028, USD Million
TABLE 24 Asia Pacific Electric Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 25 Asia Pacific Electric Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 26 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 27 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 28 Asia Pacific Electric Traction Motor Market by Country, 2018 - 2021, USD Million
TABLE 29 Asia Pacific Electric Traction Motor Market by Country, 2022 - 2028, USD Million
TABLE 30 China Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 31 China Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 32 China Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 33 China Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 34 China Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 35 China Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 36 China Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 37 China Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 38 Japan Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 39 Japan Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 40 Japan Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 41 Japan Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 42 Japan Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 43 Japan Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 44 Japan Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 45 Japan Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 46 India Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 47 India Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 48 India Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 49 India Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 50 India Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 51 India Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 52 India Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 53 India Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 54 South Korea Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 55 South Korea Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 56 South Korea Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 57 South Korea Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 58 South Korea Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 59 South Korea Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 60 South Korea Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 61 South Korea Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 62 Singapore Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 63 Singapore Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 64 Singapore Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 65 Singapore Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 66 Singapore Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 67 Singapore Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 68 Singapore Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 69 Singapore Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 70 Malaysia Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 71 Malaysia Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 72 Malaysia Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 73 Malaysia Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 74 Malaysia Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 75 Malaysia Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 76 Malaysia Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 77 Malaysia Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 78 Rest of Asia Pacific Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 79 Rest of Asia Pacific Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 80 Rest of Asia Pacific Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 81 Rest of Asia Pacific Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 82 Rest of Asia Pacific Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 83 Rest of Asia Pacific Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 84 Rest of Asia Pacific Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 85 Rest of Asia Pacific Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 86 key information – Robert Bosch GmbH
TABLE 87 Key Information – Toshiba Corporation
TABLE 88 Key Information – ABB Group
TABLE 89 Key Information – Siemens AG
TABLE 90 Key Information – Nidec Corporation
TABLE 91 KEY INFORMATION – GENERAL ELECTRIC (GE) CO.
TABLE 92 Key Information – CG Power & Industrial Solutions Ltd.
TABLE 93 key information – Mitsubishi Electric Corporation
TABLE 94 Key Information – Ametek, Inc.
TABLE 95 Key Information – Kawasaki Heavy Industries, Ltd.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Recent strategies and developments: Robert Bosch GmbH
FIG 5 Swot analysis: Robert Bosch GmbH
FIG 6 SWOT Analysis: Toshiba Corporation
FIG 7 Recent strategies and developments: ABB Group
FIG 8 SWOT Analysis: ABB Group
FIG 9 Recent strategies and developments: Siemens AG
FIG 10 Swot analysis: Siemens AG
FIG 11 SWOT Analysis: Nidec Corporation
FIG 12 Swot analysis: General electric (GE) Co.