Research Reports
Traction Motors Market by Technology, Application & Geography – Analysis & Forecast to 2025 Says FMI Analyst
During the prediction era, Future Market Insights adopted a multidisciplinary approach to shed light on the success and progress of the Traction Motors Market. The study poses a profound plunge into the current growth dynamics and their major revenues of 2014, with key prospects over the forecast period 2015 to 2025.
The analysts at Future Market Insights have leveraged extensive rounds of critical and detailed secondary research to arrive at different Traction Motors Market forecasts and predictions, both national and international levels. They have utilized various industry-wide unmistakable business merge estimations, figures, and market information into income assessments and projections in the Traction Motors Market.
Impact of COVID-19 on Industrial Automation Market
COVID-19 pandemic has caused a severe impact on the global economy at various levels and the impact is seen on the Industrial automation market as well. This thriving sector is expected to offset a sharp decline in sales during the lockdown when the manufacturing units experienced shutdowns and a dearth in raw materials supply and absence of human resources. Inferable from the emergency brought about by the pandemic, the production, and supply chain activities have experienced a minor slump. However, the market is expected to gradually recover post-COVID-19, which will present attractive opportunities for sales within various regions of the world in the coming years.
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Key Players
Expanding the product portfolio by enhancing the existing range of traction motors will be observed as the key strategy by manufacturers. Aisin, ABB, Alstom, General Electric, Continental, Mitsubishi, Magna International, and Toshiba, among others can be regarded as the leading companies in the global market for traction motors.
Market Segmentation & Regional Overview
The global market for traction motors is segmented on the basis of the applications and the end-users
On the basis of application, the market can be segmented into,
- Transportation
- Industrial machinery and equipment
- Others
On the basis of end-users, the global traction motors market can be segmented into,
- Hybrid vehicles
- Compact construction equipment
- Escalators
- Elevators
- Other (Washing machines, Electric Aircraft, etc.)
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Queries Solved
- What is the size of the overall Traction Motors Market in the Industrial automation market and its segments?
- What are the key segments and sub-segments in the market?
- What are the key drivers, restraints, opportunities, and challenges of the Traction Motors Market in the Industrial automation market, and how they are expected to impact the market?
- What are the attractive investment opportunities within the Traction Motors Market in the Industrial automation market?
- What is the Traction Motors Market in Industrial automation market size at the regional and country-level?
- What are the key market players focusing on?
- What are the strategies for growth adopted by the key players in Traction Motors Market in the Industrial automation market?
- What are the recent trends in Traction Motors Market in the Industrial automation market? (M&A, partnerships, new product developments, expansions)?
- What are the challenges to the Traction Motors Market in Industrial automation market growth?
- What are the key market trends impacting the growth of the Traction Motors Market in the Industrial automation market?
Reasons to Buy the report
- Our industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition.
- We provide detailed market segmentation, market overview, insights and reports, and the latest trends that other companies fail to fetch.
- Via proprietary databases paid databases, and knowledge accessible in the public domain, FMI performs comprehensive secondary research. We refer to business groups, press releases from the organization, annual reports, presentations by investors, and research articles.
- We provide the most accurate analysis of the market and its trends because FMI speaks to stakeholders across the spectrum, including C-level executives, distributors, product manufacturers, industry experts. So the data collected are from highly reliable sources.
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