Global Traction Motor Market Report, History and Forecast 2018-2029, Breakdown Data by Companies, Key Regions, Types and Application
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This report aims to provide a comprehensive presentation of the global market for Traction Motor, with and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Traction Motor.
The Traction Motor market size considering 2022 as the base year, with history and forecast data for the period from 2018 to 2029. This report segments the global Traction Motor market comprehensively. Regional market sizes, concerning products by type, by application and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Traction Motor manufacturers, new entrants, and industry chain related companies in this market with information for the overall market and the sub-segments across the different segments, by company, by type, by application, and by regions.
The traction motor market which was growing at a value of 12.23 billion in 2021 and is expected to reach the value of usd 20.24 billion by 2029, at a cagr of 6.50% during the forecast period of 2022-2029.
Competitive Landscape Analysis:
The main players in the Traction Motor market include Saft (France), SAMSUNG SDI CO.,LTD. (South Korea), Lithium Energy Japan (Japan), Tianjin Lishen Battery Co., Ltd. (China), and Shenzhen A&S Power Technology Co., Ltd. (China). The share of the top 3 players in the Traction Motor market is xx%.
REGION SHARE:
The report covers the market size information of North America, Europe, Asia Pacific, Latin America, Middle East and Africa, and North America accounted for xx%, Europe accounted for xx% of Traction Motor market, and Asia Pacific accounted for xx%.
Segmental Analysis
The report segments the market by Type and Application. AC Induction Motor accounted for xx% of Traction Motor market in 2022. Permanent Magnet Motor share of xx%.
Transportation accounted for xx% of the Traction Motor market in 2022. Industrial Machinery and Equipment accounts for xx%.
The storage market is cold, and advanced technologies continue to develop.
With the rising inflation and weak demand in the terminal market, especially the decline in demand for PC and mobile phone terminal products affected by consumer spending, the growth expectation of the consumer storage market is lowered. In addition, the reduction of investment in data centers by technology giants such as Microsoft and Amazon will put downward pressure on the commercial storage market.
Although the consumer storage market will be cold, the market demand for applications such as automobiles is strong. With the substantial increase in sales of new energy vehicles, the amount of storage products required for bicycles will be greatly improved, especially after introducing other intelligent technologies such as ADAS and autonomous driving.
Different from the "uneven heat and cold" in various storage markets, major storage manufacturers have been trying and breaking through in the technical process. For example, in the field of DRAM, Micron's fifth-generation 10nm DRAM product (1β DRAM) has been sent to its partners for verification. Once the product is mature, it will be put into mobile phones, computers, servers, automobiles and other markets one after another.
In the field of NAND Flash, Micron's first 232-layer NAND product in the world has been mass-produced and is being supplied to PC OEM customers around the world; SK Hynix 238-layer 512Gb TLC 4D NAND flash memory is expected to be put into mass production in the first half of 2023. Samsung's plan is even bolder, claiming that it will realize 1,000 layers of V-NAND by 2030.
Segmental Analysis
North America
United States
Canada
Mexico
Europe
Germany
France
UK
Italy
Russia
Asia Pacific
China
Japan
South Korea
India
Southeast Asia
South America
Brazil
Argentina
Colombia
MEA
Saudi Arabia
Egypt
Nigeria
Some of the Top Market Players Covered Are:
Saft (France)
SAMSUNG SDI CO.,LTD. (South Korea)
Lithium Energy Japan (Japan)
Tianjin Lishen Battery Co., Ltd. (China)
Shenzhen A&S Power Technology Co., Ltd. (China)
LITHIUMWERKS (Europe)
GlobTek, Inc. (U.S.)
BYD Company Ltd (China)
Panasonic Corporation (Japan)
L.G. Chem (South Korea)
VARTA Microbattery GmbH (Germany)
Dalian CBAK Power Battery Co., Ltd (China)
TOSHIBA CORPORATION (Japan)
CALB USA Inc. (U.S.)
Shenzhen BAK Technology Co., Ltd. (China)
Contemporary Amperex Technology Co., Limited (China)
A123 Systems LLC (U.S.)
Amperex Technology Limited (China)
XALT Energy (Switzerland)
Leclanche SA (Switzerland)
MicroStep, spol. s r.o. (Germany)
Market outlook by product/service type:
AC Induction Motor
Permanent Magnet Motor
Other
Market outlook by Application :
Transportation
Industrial Machinery and Equipment
Others
Table of Content
1 Traction Motor Market Overview
1.1 Traction Motor Product Description
1.2 Traction Motor Market Segment by Type
1.3 Global Traction Motor Market Size by Type
1.3.1 Global Traction Motor Market Size Overview by Type
1.3.2 Global Traction Motor Historic Market Size Review by Type
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Traction Motor Sales Breakdown by Type
1.4.2 Europe Traction Motor Sales Breakdown by Type
1.4.3 Asia-Pacific Traction Motor Sales Breakdown by Type
1.4.4 Latin America Traction Motor Sales Breakdown by Type
1.4.5 Middle East and Africa Traction Motor Sales Breakdown by Type
2 Global Traction Motor by Application
2.1 Traction Motor Market Segment by Application
2.2 Global Traction Motor Market Size by Application
2.2.1 Global Traction Motor Market Size Overview by Application
2.2.2 Global Traction Motor Historic Market Size Review by Application
2.3 Key Regions Market Size Segment by Application
2.3.1 North America Traction Motor Sales Breakdown by Application
2.3.2 Europe Traction Motor Sales Breakdown by Application
2.3.3 Asia-Pacific Traction Motor Sales Breakdown by Application
2.3.4 Latin America Traction Motor Sales Breakdown by Application
2.3.5 Middle East and Africa Traction Motor Sales Breakdown by Application
3 Traction Motor Status and Outlook by Region
3.1 Global Traction Motor Market Size and CAGR by Region: 2018 VS 2023 VS 2029
3.2 Global Traction Motor Historic Market Size by Region
3.2.1 Global Traction Motor Sales in Volume by Region
3.2.2 Global Traction Motor Sales in Value by Region
3.2.3 Global Traction Motor Sales Price and Gross Margin
3.3 Global Traction Motor Forecasted Market Size by Region
3.3.1 Global Traction Motor Sales in Volume by Region
3.3.2 Global Traction Motor Sales in Value by Region
3.3.3 Global Traction Motor Sales Price and Gross Margin
4 Global Traction Motor Market Competition by Company
4.1 Global Top Players by Traction Motor Sales
4.2 Global Top Players by Traction Motor Revenue
4.3 Global Top Players Traction Motor Price
4.4 Global Top Manufacturers Traction Motor Manufacturing Base Distribution, Sales Area, Product Type
4.5 Traction Motor Market Competitive Situation and Trends
4.5.1 Traction Motor Market Concentration Rate
4.5.2 Global 3 and 6 Largest Manufacturers by Traction Motor Sales and Revenue in 2022
4.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Traction Motor as of 2022)
4.7 Date of Key Manufacturers Enter into Traction Motor Market
4.8 Key Manufacturers Traction Motor Product Offered
4.9 Mergers & Acquisitions, Expansion
5 North America Traction Motor by Country
5.1 North America Traction Motor Historic Market Size by Country
5.1.1 North America Traction Motor Sales in Volume by Country
5.1.2 North America Traction Motor Sales in Value by Country
5.2 North America Traction Motor Forecasted Market Size by Country
5.2.1 North America Traction Motor Sales in Volume by Country
5.2.2 North America Traction Motor Sales in Value by Country
6 Europe Traction Motor by Country
6.1 Europe Traction Motor Historic Market Size by Country
6.1.1 Europe Traction Motor Sales in Volume by Country
6.1.2 Europe Traction Motor Sales in Value by Country
6.2 Europe Traction Motor Forecasted Market Size by Country
6.2.1 Europe Traction Motor Sales in Volume by Country
6.2.2 Europe Traction Motor Sales in Value by Country
7 Asia-Pacific Traction Motor by Country
7.1 Asia-Pacific Traction Motor Historic Market Size by Country
7.1.1 Asia-Pacific Traction Motor Sales in Volume by Country
7.1.2 Asia-Pacific Traction Motor Sales in Value by Country
7.2 Asia-Pacific Traction Motor Forecasted Market Size by Country
7.2.1 Asia-Pacific Traction Motor Sales in Volume by Country
7.2.2 Asia-Pacific Traction Motor Sales in Value by Country
8 Latin America Traction Motor by Country
8.1 Latin America Traction Motor Historic Market Size by Country
8.1.1 Latin America Traction Motor Sales in Volume by Country
8.1.2 Latin America Traction Motor Sales in Value by Country
8.2 Latin America Traction Motor Forecasted Market Size by Country
8.2.1 8.2.1 Latin America Traction Motor Sales in Volume by Country
8.2.2 8.2.2 Latin America Traction Motor Sales in Value by Country
9 Middle East and Africa Traction Motor by Country
9.1 Middle East and Africa Traction Motor Historic Market Size by Country
9.1.1 Middle East and Africa Traction Motor Sales in Volume by Country
9.1.2 Middle East and Africa Traction Motor Sales in Value by Country
9.2 Middle East and Africa Traction Motor Forecasted Market Size by Country
9.2.1 Middle East and Africa Traction Motor Sales in Volume by Country
9.2.2 Middle East and Africa Traction Motor Sales in Value by Country
10 Manufacturers Profiles
10.1 Saft (France)
10.1.1 Saft (France) Information
10.1.2 Business Overview
10.1.3 Saft (France) Traction Motor Sales, Price, Revenue, Gross Margin
10.1.4 Traction Motor Products Offered
10.1.5 Saft (France) Recent Development
10.2 SAMSUNG SDI CO.,LTD. (South Korea)
10.2.1 SAMSUNG SDI CO.,LTD. (South Korea) Information
10.2.2 Business Overview
10.2.3 SAMSUNG SDI CO.,LTD. (South Korea) Traction Motor Sales, Price, Revenue, Gross Margin
10.2.4 Traction Motor Products Offered
10.2.5 SAMSUNG SDI CO.,LTD. (South Korea) Recent Development
10.3 Lithium Energy Japan (Japan)
10.3.1 Lithium Energy Japan (Japan) Information
10.3.2 Business Overview
10.3.3 Lithium Energy Japan (Japan) Traction Motor Sales, Price, Revenue, Gross Margin
10.3.4 Traction Motor Products Offered
10.3.5 Lithium Energy Japan (Japan) Recent Development
10.4 Tianjin Lishen Battery Co., Ltd. (China)
10.4.1 Tianjin Lishen Battery Co., Ltd. (China) Information
10.4.2 Business Overview
10.4.3 Tianjin Lishen Battery Co., Ltd. (China) Traction Motor Sales, Price, Revenue, Gross Margin
10.4.4 Traction Motor Products Offered
10.4.5 Tianjin Lishen Battery Co., Ltd. (China) Recent Development
10.5 Shenzhen A&S Power Technology Co., Ltd. (China)
10.5.1 Shenzhen A&S Power Technology Co., Ltd. (China) Information
10.5.2 Business Overview
10.5.3 Shenzhen A&S Power Technology Co., Ltd. (China) Traction Motor Sales, Price, Revenue, Gross Margin
10.5.4 Traction Motor Products Offered
10.5.5 Shenzhen A&S Power Technology Co., Ltd. (China) Recent Development
10.6 LITHIUMWERKS (Europe)
10.6.1 LITHIUMWERKS (Europe) Information
10.6.2 Business Overview
10.6.3 LITHIUMWERKS (Europe) Traction Motor Sales, Price, Revenue, Gross Margin
10.6.4 Traction Motor Products Offered
10.6.5 LITHIUMWERKS (Europe) Recent Development
10.7 GlobTek, Inc. (U.S.)
10.7.1 GlobTek, Inc. (U.S.) Information
10.7.2 Business Overview
10.7.3 GlobTek, Inc. (U.S.) Traction Motor Sales, Price, Revenue, Gross Margin
10.7.4 Traction Motor Products Offered
10.7.5 GlobTek, Inc. (U.S.) Recent Development
10.8 BYD Company Ltd (China)
10.8.1 BYD Company Ltd (China) Information
10.8.2 Business Overview
10.8.3 BYD Company Ltd (China) Traction Motor Sales, Price, Revenue, Gross Margin
10.8.4 Traction Motor Products Offered
10.8.5 BYD Company Ltd (China) Recent Development
10.9 Panasonic Corporation (Japan)
10.9.1 Panasonic Corporation (Japan) Information
10.9.2 Business Overview
10.9.3 Panasonic Corporation (Japan) Traction Motor Sales, Price, Revenue, Gross Margin
10.9.4 Traction Motor Products Offered
10.9.5 Panasonic Corporation (Japan) Recent Development
10.10 L.G. Chem (South Korea)
10.10.1 L.G. Chem (South Korea) Information
10.10.2 Business Overview
10.10.3 L.G. Chem (South Korea) Traction Motor Sales, Price, Revenue, Gross Margin
10.10.4 Traction Motor Products Offered
10.10.5 L.G. Chem (South Korea) Recent Development
10.11 VARTA Microbattery GmbH (Germany)
10.11.1 VARTA Microbattery GmbH (Germany) Information
10.11.2 Business Overview
10.11.3 VARTA Microbattery GmbH (Germany) Traction Motor Sales, Price, Revenue, Gross Margin
10.11.4 Traction Motor Products Offered
10.11.5 VARTA Microbattery GmbH (Germany) Recent Development
10.12 Dalian CBAK Power Battery Co., Ltd (China)
10.12.1 Dalian CBAK Power Battery Co., Ltd (China) Information
10.12.2 Business Overview
10.12.3 Dalian CBAK Power Battery Co., Ltd (China) Traction Motor Sales, Price, Revenue, Gross Margin
10.12.4 Traction Motor Products Offered
10.12.5 Dalian CBAK Power Battery Co., Ltd (China) Recent Development
10.13 TOSHIBA CORPORATION (Japan)
10.13.1 TOSHIBA CORPORATION (Japan) Information
10.13.2 Business Overview
10.13.3 TOSHIBA CORPORATION (Japan) Traction Motor Sales, Price, Revenue, Gross Margin
10.13.4 Traction Motor Products Offered
10.13.5 TOSHIBA CORPORATION (Japan) Recent Development
10.14 CALB USA Inc. (U.S.)
10.14.1 CALB USA Inc. (U.S.) Information
10.14.2 Business Overview
10.14.3 CALB USA Inc. (U.S.) Traction Motor Sales, Price, Revenue, Gross Margin
10.14.4 Traction Motor Products Offered
10.14.5 CALB USA Inc. (U.S.) Recent Development
10.15 Shenzhen BAK Technology Co., Ltd. (China)
10.15.1 Shenzhen BAK Technology Co., Ltd. (China) Information
10.15.2 Business Overview
10.15.3 Shenzhen BAK Technology Co., Ltd. (China) Traction Motor Sales, Price, Revenue, Gross Margin
10.15.4 Traction Motor Products Offered
10.15.5 Shenzhen BAK Technology Co., Ltd. (China) Recent Development
10.16 Contemporary Amperex Technology Co., Limited (China)
10.16.1 Contemporary Amperex Technology Co., Limited (China) Information
10.16.2 Business Overview
10.16.3 Contemporary Amperex Technology Co., Limited (China) Traction Motor Sales, Price, Revenue, Gross Margin
10.16.4 Traction Motor Products Offered
10.16.5 Contemporary Amperex Technology Co., Limited (China) Recent Development
10.17 A123 Systems LLC (U.S.)
10.17.1 A123 Systems LLC (U.S.) Information
10.17.2 Business Overview
10.17.3 A123 Systems LLC (U.S.) Traction Motor Sales, Price, Revenue, Gross Margin
10.17.4 Traction Motor Products Offered
10.17.5 A123 Systems LLC (U.S.) Recent Development
10.18 Amperex Technology Limited (China)
10.18.1 Amperex Technology Limited (China) Information
10.18.2 Business Overview
10.18.3 Amperex Technology Limited (China) Traction Motor Sales, Price, Revenue, Gross Margin
10.18.4 Traction Motor Products Offered
10.18.5 Amperex Technology Limited (China) Recent Development
10.19 XALT Energy (Switzerland)
10.19.1 XALT Energy (Switzerland) Information
10.19.2 Business Overview
10.19.3 XALT Energy (Switzerland) Traction Motor Sales, Price, Revenue, Gross Margin
10.19.4 Traction Motor Products Offered
10.19.5 XALT Energy (Switzerland) Recent Development
10.20 Leclanche SA (Switzerland)
10.20.1 Leclanche SA (Switzerland) Information
10.20.2 Business Overview
10.20.3 Leclanche SA (Switzerland) Traction Motor Sales, Price, Revenue, Gross Margin
10.20.4 Traction Motor Products Offered
10.20.5 Leclanche SA (Switzerland) Recent Development
10.21 MicroStep, spol. s r.o. (Germany)
10.21.1 MicroStep, spol. s r.o. (Germany) Information
10.21.2 Business Overview
10.21.3 MicroStep, spol. s r.o. (Germany) Traction Motor Sales, Price, Revenue, Gross Margin
10.21.4 Traction Motor Products Offered
10.21.5 MicroStep, spol. s r.o. (Germany) Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Traction Motor Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Traction Motor Industrial Chain Analysis
11.4 Traction Motor Market Dynamics
11.4.1 Traction Motor Industry Trends
11.4.2 Traction Motor Growth Drivers
11.4.3 Traction Motor Market Challenges
11.4.4 Traction Motor Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Traction Motor Distributors
12.3 Traction Motor Downstream Customers
13 Research Findings and Conclusion
14 Methodology and Data Source
14.1 A Methodology
14.1.1 Research Process
14.1.2 Market Size Estimation
14.1.3 Market Breakdown and Data Triangulation
14.2 B Data Source
14.2.1 Legal Disclaimer
Research Methodology:
Global Traction Motor Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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