The Europe Electric Traction Motor Market would witness market growth of 11.0% CAGR during the forecast period (2022-2028).
One traction motor driving each axle with a gear drive is currently considered best practice. As a "nose-suspended traction motor," the traction motor is typically three-point suspended between both the driven axle and the bogie frame. The issue with this configuration is that some of the motor's weight is rotational inertia, producing undesirable track forces. In the instance of the renowned Pennsylvania Railroad GG1, each axle was driven by a quill drive using two frame-mounted motors.
Direct drive motors were used in the "Bi-Polar" electric locomotives that General Electric constructed for Milwaukee Road. The motor's rotating shaft doubled as the wheels' axle. In the case of French TGV-powered vehicles, a motor connected to the frame of the power car powers each axle; a "tripod" drive offers a modest amount of mobility in the drive train, enabling the trucks' bogies to rotate. Improved dynamics are obtained, allowing for better high-speed performance, by installing the comparatively heavy traction engine connected to the power car's frame as opposed to the bogie.
Several European governments have established challenging goals for the reduction of carbon emissions and stock requirements for electric vehicles by 2020. To allow interoperability among different electric vehicles across the region, some European nations, including France and Belgium, are concentrating on developing the infrastructure needed for electric vehicle charging. Despite a rise in the proportion of legal ULEV vehicles on UK roads, just a small portion of all licensed vehicles are ULEVs.
The Germany market dominated the Europe Electric Traction Motor Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1,593.7 million by 2028.The UK market is anticipated to grow at a CAGR of 10.1% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 11.9% 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Electric Traction Motor Market will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Electric Traction Motor Market, by Power Rating
1.4.2 Europe Electric Traction Motor Market, by Type
1.4.3 Europe Electric Traction Motor Market, by Application
1.4.4 Europe 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. Europe Electric Traction Motor Market by Power Rating
4.1 Europe Below 200 kW Market by Country
4.2 Europe 200-400 kW Market by Country
4.3 Europe Above 400 kW Market by Country
Chapter 5. Europe Electric Traction Motor Market by Type
5.1 Europe AC Market by Country
5.2 Europe DC Market by Country
Chapter 6. Europe Electric Traction Motor Market by Application
6.1 Europe Railways Market by Country
6.2 Europe Electric Vehicle Market by Country
6.3 Europe Others Market by Country
Chapter 7. Europe Electric Traction Motor Market by Country
7.1 Germany Electric Traction Motor Market
7.1.1 Germany Electric Traction Motor Market by Power Rating
7.1.2 Germany Electric Traction Motor Market by Type
7.1.3 Germany Electric Traction Motor Market by Application
7.2 UK Electric Traction Motor Market
7.2.1 UK Electric Traction Motor Market by Power Rating
7.2.2 UK Electric Traction Motor Market by Type
7.2.3 UK Electric Traction Motor Market by Application
7.3 France Electric Traction Motor Market
7.3.1 France Electric Traction Motor Market by Power Rating
7.3.2 France Electric Traction Motor Market by Type
7.3.3 France Electric Traction Motor Market by Application
7.4 Russia Electric Traction Motor Market
7.4.1 Russia Electric Traction Motor Market by Power Rating
7.4.2 Russia Electric Traction Motor Market by Type
7.4.3 Russia Electric Traction Motor Market by Application
7.5 Spain Electric Traction Motor Market
7.5.1 Spain Electric Traction Motor Market by Power Rating
7.5.2 Spain Electric Traction Motor Market by Type
7.5.3 Spain Electric Traction Motor Market by Application
7.6 Italy Electric Traction Motor Market
7.6.1 Italy Electric Traction Motor Market by Power Rating
7.6.2 Italy Electric Traction Motor Market by Type
7.6.3 Italy Electric Traction Motor Market by Application
7.7 Rest of Europe Electric Traction Motor Market
7.7.1 Rest of Europe Electric Traction Motor Market by Power Rating
7.7.2 Rest of Europe Electric Traction Motor Market by Type
7.7.3 Rest of Europe 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 Europe Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 2 Europe 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 Europe Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 7 Europe Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 8 Europe Below 200 kW Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Below 200 kW Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe 200-400 kW Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe 200-400 kW Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Above 400 kW Market by Country, 2018 - 2021, USD Million
TABLE 13 Europe Above 400 kW Market by Country, 2022 - 2028, USD Million
TABLE 14 Europe Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 15 Europe Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 16 Europe AC Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe AC Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe DC Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe DC Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 21 Europe Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 22 Europe Railways Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Railways Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Electric Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Electric Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Electric Traction Motor Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Electric Traction Motor Market by Country, 2022 - 2028, USD Million
TABLE 30 Germany Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 31 Germany Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 32 Germany Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 33 Germany Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 34 Germany Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 35 Germany Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 36 Germany Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 37 Germany Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 38 UK Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 39 UK Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 40 UK Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 41 UK Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 42 UK Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 43 UK Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 44 UK Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 45 UK Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 46 France Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 47 France Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 48 France Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 49 France Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 50 France Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 51 France Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 52 France Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 53 France Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 54 Russia Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 55 Russia Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 56 Russia Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 57 Russia Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 58 Russia Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 59 Russia Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 60 Russia Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 61 Russia Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 62 Spain Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 63 Spain Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 64 Spain Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 65 Spain Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 66 Spain Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 67 Spain Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 68 Spain Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 69 Spain Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 70 Italy Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 71 Italy Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 72 Italy Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 73 Italy Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 74 Italy Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 75 Italy Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 76 Italy Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 77 Italy Electric Traction Motor Market by Application, 2022 - 2028, USD Million
TABLE 78 Rest of Europe Electric Traction Motor Market, 2018 - 2021, USD Million
TABLE 79 Rest of Europe Electric Traction Motor Market, 2022 - 2028, USD Million
TABLE 80 Rest of Europe Electric Traction Motor Market by Power Rating, 2018 - 2021, USD Million
TABLE 81 Rest of Europe Electric Traction Motor Market by Power Rating, 2022 - 2028, USD Million
TABLE 82 Rest of Europe Electric Traction Motor Market by Type, 2018 - 2021, USD Million
TABLE 83 Rest of Europe Electric Traction Motor Market by Type, 2022 - 2028, USD Million
TABLE 84 Rest of Europe Electric Traction Motor Market by Application, 2018 - 2021, USD Million
TABLE 85 Rest of Europe 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.