How big is the Railway Traction Motor Market?

The Railway Traction Motor Market size is expected to reach USD 11.70 billion in 2024 and grow at a CAGR of 5.40% to reach USD 15.20 billion by 2029. Read More

What is the current Railway Traction Motor Market size?

In 2024, the Railway Traction Motor Market size is expected to reach USD 11.70 billion. Read More

Who are the key players in Railway Traction Motor Market?

ABB Ltd., Alstom SA, Mitsubishi Electric Corporation, Siemens and Hitachi Ltd are the major companies operating in the Railway Traction Motor Market. Read More

Which is the fastest growing region in Railway Traction Motor Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Railway Traction Motor Market?

In 2024, the Asia Pacific accounts for the largest market share in Railway Traction Motor Market. Read More

What years does this Railway Traction Motor Market cover, and what was the market size in 2023?

In 2023, the Railway Traction Motor Market size was estimated at USD 11.07 billion. The report covers the Railway Traction Motor Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Railway Traction Motor Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Railway Traction Motor Companies

This report lists the top Railway Traction Motor companies based on the 2023 & 2024 market share reports. Mordor Intelligence expert advisors conducted extensive research and identified these brands to be the leaders in the Railway Traction Motor industry.