Industry Overview
The DC Traction Motor is at 2.3 Billion in 2024 and is expected to reach 3.5 Billion by 2031. The DC Traction Motor is driven by factors such as increasing demand in end-use industries, technological advancements, research and development (R&D), economic growth, and increasing global trade. Siemens, GE, ABB, Mitsubishi Electric, Toshiba, Hitachi, Alstom, Bombardier, Hyundai Rotem, CRRC, Voith, Ansaldo, Alstom, CAF, and others are some of the key players in the market.DC Traction Motor Market Size in (USD Billion) CAGR Growth Rate 5.80%
| Study Period | 2020-2031 |
| Market Size (2024): | 2.3 Billion |
| Market Size (2031): | 3.5 Billion |
| CAGR (2024 - 2031): | 5.80% |
| Fastest Growing Region | Asia Pacific |
| Domination Region | Europe |
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The DC Traction Motor Market is focused on the demand and supply of direct current (DC) motors used in traction applications, primarily in electric vehicles (EVs), trains, and other forms of transportation. DC traction motors are widely appreciated for their simplicity, reliability, and ability to deliver high starting torque. The market is expected to grow due to increasing electrification of transport systems, as well as the adoption of electric traction in industries aiming to reduce emissions and operational costs. With advancements in energy storage and battery technologies, DC motors continue to be a preferred choice for public transport systems, especially in metro rails and trams. Additionally, the growth of electric cars and hybrid vehicles further fuels the demand for DC motors in the transportation sector. The market is also driven by advancements in motor efficiency and the push for cleaner, more sustainable transportation solutions.
Key Players
Several key players in the DC Traction Motor market are strategically focusing on expanding their operations in developing regions to capture a larger market share, particularly as the year-on-year growth rate for the market stands at 5.50%. The companies featured in this profile were selected based on insights from primary experts, evaluating their market penetration, product offerings, and geographical reach. By targeting emerging markets, these companies aim to leverage new opportunities, enhance their competitive advantage, and drive revenue growth. This approach not only aligns with their overall business objectives but also positions them to respond effectively to the evolving demands of consumers in these regions.- Siemens
- GE
- ABB
- Mitsubishi Electric
- Toshiba
- Hitachi
- Alstom
- Bombardier
- Hyundai Rotem
- CRRC
- Voith
- Ansaldo
- Alstom
- CAF
DC Traction Motor Market Segmentation by Players
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Market Dynamics
Market Driver- Electrification Of Transport
- Environmental Concerns
- Efficiency
- Automation
Market Trends
- Eco-friendly
- Automation
- Electric vehicle boom
- Power density
Opportunity
- Expansion Of Electric Transportation
- Technological Innovation
- Cost Savings
- Market Demand For Efficient Solutions
Challenges
- High Cost Of Production
- Maintenance Issues
- Energy Storage Challenges
- Competition
Key Highlights
- The DC Traction Motor is growing at a 5.80% during the forecasted period of 2020 to 2031
- Based on type, the market is bifurcated into Brushed, Brushless, Series, Shunt
- Based on application, the market is segmented into Railways, Electric vehicles, Industrial machinery, Metro systems, Aerospace
- Global Import Export in terms of K Tons, K Units, and Metric Tons will be provided if Applicable based on industry best practice
Market Segmentation Overview
- Type Segmentation: categorizes products by their specific variants, helping businesses identify demand drivers and innovate effectively.
- Application Segmentation: Divides the market based on product usage across industries, enabling targeted marketing and growth identification.
- Geographic Segmentation: Segments the market by location, allowing for tailored strategies based on regional preferences and economic factors.
- Customer Segmentation: Focuses on demographics like age, gender, and income, enabling personalized marketing and improved customer targeting.
- Distribution Channel Segmentation: categorizes by how products reach customers, optimizing supply chain and sales strategies.
Market Segmentation
Segmentation by Type
- Brushed
- Brushless
- Series
- Shunt
DC Traction Motor Market Segmentation by Type
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Segmentation by Application
- Railways
- Electric vehicles
- Industrial machinery
- Metro systems
- Aerospace
DC Traction Motor Market Segmentation by Application
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This report also splits the market by region:
Regions
- North America
- LATAM
- West Europe
- Central & Eastern Europe
- Northern Europe
- Southern Europe
- East Asia
- Southeast Asia
- South Asia
- Central Asia
- Oceania
- MEA
Fastest Growing Region
Asia Pacific
Dominating Region
Europe
Primary & Secondary Approach
The DC Traction Motor is analyzed by both primary and secondary research sources. There are numerous methodologies available to navigate and utilize these resources effectively:Surveys and Questionnaires: Getting feedback from healthcare professionals, patients, or any other stakeholders on a particular topic. It is a great method to collect quantitative data on behaviors, preferences, and/or experiences.
One on Ones: Interviews with key stakeholders, including physicians, nurses, and administrators can yield rich qualitative data. The interviews can be divided into structured, semi-structured, or unstructured.
Focus Groups: Pull together small numbers of people who share a common characteristic, trait, or behavior to discuss particular topics. Focus Groups: This offers qualitative data and points of view that are often overlooked, such as attitudes, perceptions, or other statements relating to a specific platform.
Observational Studies: Understanding healthcare practices and patient interactions in the way we do it can say a lot more than what people formally report doing.
Field Studies: This method allows researchers to collect data firsthand from healthcare settings, including hospitals, clinics, and even home. It is a way to touch and feel the context that drives service delivery in healthcare.
Secondary Research in DC Traction Motor
Secondary research is a kind of revising, restructuring, and rethinking what has already been collected by primary sources. Such research is beneficial as long as it comes at a low cost and gives an overarching view of the market. Some of the important methods include:
Literature Review: To go through the research papers, articles, and studies published in medical journals, industry reports, and academic publications. This is crucial for understanding the study landscape and identifying knowledge deficits.
Reports From the Industry: It aims in examining reports published by Market Research firms, Healthcare Associations, and Government bodies. This report can also be used by all stakeholders including service providers and delivery chains across the world to identify market opportunities in an undetermined depth.
Public Health Records: Data collected by governments and public health authorities in different countries of the world from organizations with global reach like CDC, WHO, or national departments. These are important because they provide us with epidemiological data and numbers.
Company Reports: Read the annual reports, financial statements, and press releases of healthcare companies. It includes company performance reports, market strategies, and competitive positioning for this domain.
Online Databases: You understand the access to databases like PubMed, MEDLINE, and even Google Scholar for scientific articles and study materials. Some of these databases are treasure troves for peer-reviewed data.
Media Sources: Analyzing news articles, press releases, and media coverage related to the healthcare industry. This helps in staying updated on recent developments and emerging trends.
A blended approach of primary and secondary research methods allows researchers to collect well-rounded, solid data that informs the best decisions and strategies.
Research Methodology
At HTF Market Intelligence, we pride ourselves on delivering comprehensive market research that combines both secondary and primary methodologies. Our secondary research involves rigorous analysis of existing data sources, such as industry reports, market databases, and competitive landscapes, to provide a robust foundation of market knowledge. This is complemented by our primary research services, where we gather firsthand data through surveys, interviews, and focus groups tailored specifically to your business needs. By integrating these approaches, we offer a thorough understanding of market trends, consumer behavior, and competitive dynamics, enabling you to make well-informed strategic decisions. We would welcome the opportunity to discuss how our research expertise can support your business objectives.Report Infographics:
| Report Features | Details |
| Base Year | 2024 |
| Based Year Market Size (2024) | 2.3 Billion |
| Historical Period Market Size (2020) | 2.0 Billion |
| CAGR (2024 to 2031) | 5.80% |
| Forecast Period | 2025 to 2031 |
| Forecasted Period Market Size (2031) | 3.5 Billion |
| Scope of the Report | Brushed, Brushless, Series, Shunt, Railways, Electric vehicles, Industrial machinery, Metro systems, Aerospace |
| Regions Covered | North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA |
| Year on Year Growth | 5.50% |
| Companies Covered | Siemens, GE, ABB, Mitsubishi Electric, Toshiba, Hitachi, Alstom, Bombardier, Hyundai Rotem, CRRC, Voith, Ansaldo, Alstom, CAF |
| Customization Scope | 15% Free Customization (For EG) |
| Delivery Format | PDF and Excel through Email |
DC Traction Motor - Table of Contents
Chapter 1: Market Preface
- 1.1 Global DC Traction Motor Market Landscape
- 1.2 Scope of the Study
- 1.3 Relevant Findings & Stakeholder Advantages
Chapter 2: Strategic Overview
- 2.1 Global DC Traction Motor Market Outlook
- 2.2 Total Addressable Market versus Serviceable Market
- 2.3 Market Rivalry Projection
Chapter 3 : Global DC Traction Motor Market Business Environment & Changing Dynamics
-
3.1 Growth Drivers
- 3.1.1 Electrification of transport
- 3.1.2 Environmental concerns
- 3.1.3 Efficiency
- 3.1.4 Automation
-
3.2 Available Opportunities
- 3.2.1 Expansion of electric transportation
- 3.2.2 Technological innovation
- 3.2.3
-
3.3 Influencing Trends
- 3.3.1 Eco-friendly
- 3.3.2 Automation
- 3.3.3 Electric vehicle boom
- 3.3.4 Power density
- 3.3.5
-
3.4 Challenges
- 3.4.1 High cost of production
- 3.4.2 Maintenance issues
- 3.4.3 Energy storage chal
- 3.5 Regional Dynamics
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Chapter 4 : Global DC Traction Motor Industry Factors Assessment
- 4.1 Current Scenario
- 4.2 PEST Analysis
- 4.3 Business Environment - PORTER 5-Forces Analysis
- 4.3.1 Supplier Leverage
- 4.3.2 Bargaining Power of Buyers
- 4.3.3 Threat of Substitutes
- 4.3.4 Threat from New Entrant
- 4.3.5 Market Competition Level
- 4.4 Roadmap of DC Traction Motor Market
- 4.5 Impact of Macro-Economic Factors
- 4.6 Market Entry Strategies
- 4.7 Political and Regulatory Landscape
- 4.8 Supply Chain Analysis
Chapter 5: DC Traction Motor : Competition Benchmarking & Performance Evaluation
- 5.1 Global DC Traction Motor Market Concentration Ratio
- 5.1.1 CR4, CR8 and HH Index
- 5.1.2 % Market Share - Top 3
- 5.1.3 Market Holding by Top 5
- 5.2 Market Position of Manufacturers by DC Traction Motor Revenue 2024
- 5.3 Global DC Traction Motor Sales Volume by Manufacturers (2024)
- 5.4 BCG Matrix
- 5.4 Market Entropy
- 5.5 Strategic Group Analysis
- 5.6 5C’s Analysis
Chapter 6: Global DC Traction Motor Market: Company Profiles
- 6.1 Siemens
- 6.1.1 Siemens Company Overview
- 6.1.2 Siemens Product/Service Portfolio & Specifications
- 6.1.3 Siemens Key Financial Metrics
- 6.1.4 Siemens SWOT Analysis
- 6.1.5 Siemens Development Activities
- 6.2 GE
- 6.3 ABB
- 6.4 Mitsubishi Electric
- 6.5 Toshiba
- 6.6 Hitachi
- 6.7 Alstom
- 6.8 Bombardier
- 6.9 Hyundai Rotem
- 6.10 CRRC
- 6.11 Voith
- 6.12 Ansaldo
- 6.13 Alstom
- 6.14 CAF
- 6.15 CAF
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Chapter 7 : Global DC Traction Motor by Type & Application (2020-2031)
-
7.1 Global DC Traction Motor Market Revenue Analysis (USD Million) by Type (2020-2024)
- 7.1.1 Brushed
- 7.1.2 Brushless
- 7.1.3 Series
- 7.1.4 Shunt
- 7.1.5 Permanent Magnet
-
7.2 Global DC Traction Motor Market Revenue Analysis (USD Million) by Application (2020-2024)
- 7.2.1 Railways
- 7.2.2 Electric Vehicles
- 7.2.3 Industrial Machinery
- 7.2.4 Metro Systems
- 7.2.5 Aerospace
- 7.3 Global DC Traction Motor Market Revenue Analysis (USD Million) by Type (2024-2031)
- 7.4 Global DC Traction Motor Market Revenue Analysis (USD Million) by Application (2024-2031)
Chapter 8 : North America DC Traction Motor Market Breakdown by Country, Type & Application
- 8.1 North America DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 8.1.1 United States
- 8.1.2 Canada
-
8.2 North America DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 8.2.1 Brushed
- 8.2.2 Brushless
- 8.2.3 Series
- 8.2.4 Shunt
- 8.2.5 Permanent Magnet
-
8.3 North America DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 8.3.1 Railways
- 8.3.2 Electric Vehicles
- 8.3.3 Industrial Machinery
- 8.3.4 Metro Systems
- 8.3.5 Aerospace
- 8.4 North America DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 8.5 North America DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 8.6 North America DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
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Chapter 9 : LATAM DC Traction Motor Market Breakdown by Country, Type & Application
- 9.1 LATAM DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 9.1.1 Brazil
- 9.1.2 Argentina
- 9.1.3 Chile
- 9.1.4 Mexico
- 9.1.5 Rest of LATAM
-
9.2 LATAM DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 9.2.1 Brushed
- 9.2.2 Brushless
- 9.2.3 Series
- 9.2.4 Shunt
- 9.2.5 Permanent Magnet
-
9.3 LATAM DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 9.3.1 Railways
- 9.3.2 Electric Vehicles
- 9.3.3 Industrial Machinery
- 9.3.4 Metro Systems
- 9.3.5 Aerospace
- 9.4 LATAM DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 9.5 LATAM DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 9.6 LATAM DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 10 : West Europe DC Traction Motor Market Breakdown by Country, Type & Application
- 10.1 West Europe DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 10.1.1 Germany
- 10.1.2 France
- 10.1.3 Benelux
- 10.1.4 Switzerland
- 10.1.5 Rest of West Europe
-
10.2 West Europe DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 10.2.1 Brushed
- 10.2.2 Brushless
- 10.2.3 Series
- 10.2.4 Shunt
- 10.2.5 Permanent Magnet
-
10.3 West Europe DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 10.3.1 Railways
- 10.3.2 Electric Vehicles
- 10.3.3 Industrial Machinery
- 10.3.4 Metro Systems
- 10.3.5 Aerospace
- 10.4 West Europe DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 10.5 West Europe DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 10.6 West Europe DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 11 : Central & Eastern Europe DC Traction Motor Market Breakdown by Country, Type & Application
- 11.1 Central & Eastern Europe DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 11.1.1 Bulgaria
- 11.1.2 Poland
- 11.1.3 Hungary
- 11.1.4 Romania
- 11.1.5 Rest of CEE
-
11.2 Central & Eastern Europe DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 11.2.1 Brushed
- 11.2.2 Brushless
- 11.2.3 Series
- 11.2.4 Shunt
- 11.2.5 Permanent Magnet
-
11.3 Central & Eastern Europe DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 11.3.1 Railways
- 11.3.2 Electric Vehicles
- 11.3.3 Industrial Machinery
- 11.3.4 Metro Systems
- 11.3.5 Aerospace
- 11.4 Central & Eastern Europe DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 11.5 Central & Eastern Europe DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 11.6 Central & Eastern Europe DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 12 : Northern Europe DC Traction Motor Market Breakdown by Country, Type & Application
- 12.1 Northern Europe DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 12.1.1 The United Kingdom
- 12.1.2 Sweden
- 12.1.3 Norway
- 12.1.4 Baltics
- 12.1.5 Ireland
- 12.1.6 Rest of Northern Europe
-
12.2 Northern Europe DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 12.2.1 Brushed
- 12.2.2 Brushless
- 12.2.3 Series
- 12.2.4 Shunt
- 12.2.5 Permanent Magnet
-
12.3 Northern Europe DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 12.3.1 Railways
- 12.3.2 Electric Vehicles
- 12.3.3 Industrial Machinery
- 12.3.4 Metro Systems
- 12.3.5 Aerospace
- 12.4 Northern Europe DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 12.5 Northern Europe DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 12.6 Northern Europe DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 13 : Southern Europe DC Traction Motor Market Breakdown by Country, Type & Application
- 13.1 Southern Europe DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 13.1.1 Spain
- 13.1.2 Italy
- 13.1.3 Portugal
- 13.1.4 Greece
- 13.1.5 Rest of Southern Europe
-
13.2 Southern Europe DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 13.2.1 Brushed
- 13.2.2 Brushless
- 13.2.3 Series
- 13.2.4 Shunt
- 13.2.5 Permanent Magnet
-
13.3 Southern Europe DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 13.3.1 Railways
- 13.3.2 Electric Vehicles
- 13.3.3 Industrial Machinery
- 13.3.4 Metro Systems
- 13.3.5 Aerospace
- 13.4 Southern Europe DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 13.5 Southern Europe DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 13.6 Southern Europe DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 14 : East Asia DC Traction Motor Market Breakdown by Country, Type & Application
- 14.1 East Asia DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 14.1.1 China
- 14.1.2 Japan
- 14.1.3 South Korea
- 14.1.4 Taiwan
- 14.1.5 Others
-
14.2 East Asia DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 14.2.1 Brushed
- 14.2.2 Brushless
- 14.2.3 Series
- 14.2.4 Shunt
- 14.2.5 Permanent Magnet
-
14.3 East Asia DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 14.3.1 Railways
- 14.3.2 Electric Vehicles
- 14.3.3 Industrial Machinery
- 14.3.4 Metro Systems
- 14.3.5 Aerospace
- 14.4 East Asia DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 14.5 East Asia DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 14.6 East Asia DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 15 : Southeast Asia DC Traction Motor Market Breakdown by Country, Type & Application
- 15.1 Southeast Asia DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 15.1.1 Vietnam
- 15.1.2 Singapore
- 15.1.3 Thailand
- 15.1.4 Malaysia
- 15.1.5 Indonesia
- 15.1.6 Philippines
- 15.1.7 Rest of SEA Countries
-
15.2 Southeast Asia DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 15.2.1 Brushed
- 15.2.2 Brushless
- 15.2.3 Series
- 15.2.4 Shunt
- 15.2.5 Permanent Magnet
-
15.3 Southeast Asia DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 15.3.1 Railways
- 15.3.2 Electric Vehicles
- 15.3.3 Industrial Machinery
- 15.3.4 Metro Systems
- 15.3.5 Aerospace
- 15.4 Southeast Asia DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 15.5 Southeast Asia DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 15.6 Southeast Asia DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 16 : South Asia DC Traction Motor Market Breakdown by Country, Type & Application
- 16.1 South Asia DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 16.1.1 India
- 16.1.2 Bangladesh
- 16.1.3 Others
-
16.2 South Asia DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 16.2.1 Brushed
- 16.2.2 Brushless
- 16.2.3 Series
- 16.2.4 Shunt
- 16.2.5 Permanent Magnet
-
16.3 South Asia DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 16.3.1 Railways
- 16.3.2 Electric Vehicles
- 16.3.3 Industrial Machinery
- 16.3.4 Metro Systems
- 16.3.5 Aerospace
- 16.4 South Asia DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 16.5 South Asia DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 16.6 South Asia DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 17 : Central Asia DC Traction Motor Market Breakdown by Country, Type & Application
- 17.1 Central Asia DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 17.1.1 Kazakhstan
- 17.1.2 Tajikistan
- 17.1.3 Others
-
17.2 Central Asia DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 17.2.1 Brushed
- 17.2.2 Brushless
- 17.2.3 Series
- 17.2.4 Shunt
- 17.2.5 Permanent Magnet
-
17.3 Central Asia DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 17.3.1 Railways
- 17.3.2 Electric Vehicles
- 17.3.3 Industrial Machinery
- 17.3.4 Metro Systems
- 17.3.5 Aerospace
- 17.4 Central Asia DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 17.5 Central Asia DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 17.6 Central Asia DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 18 : Oceania DC Traction Motor Market Breakdown by Country, Type & Application
- 18.1 Oceania DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 18.1.1 Australia
- 18.1.2 New Zealand
- 18.1.3 Others
-
18.2 Oceania DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 18.2.1 Brushed
- 18.2.2 Brushless
- 18.2.3 Series
- 18.2.4 Shunt
- 18.2.5 Permanent Magnet
-
18.3 Oceania DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 18.3.1 Railways
- 18.3.2 Electric Vehicles
- 18.3.3 Industrial Machinery
- 18.3.4 Metro Systems
- 18.3.5 Aerospace
- 18.4 Oceania DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 18.5 Oceania DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 18.6 Oceania DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 19 : MEA DC Traction Motor Market Breakdown by Country, Type & Application
- 19.1 MEA DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2020-2024]
- 19.1.1 Turkey
- 19.1.2 South Africa
- 19.1.3 Egypt
- 19.1.4 UAE
- 19.1.5 Saudi Arabia
- 19.1.6 Israel
- 19.1.7 Rest of MEA
-
19.2 MEA DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2020-2024]
- 19.2.1 Brushed
- 19.2.2 Brushless
- 19.2.3 Series
- 19.2.4 Shunt
- 19.2.5 Permanent Magnet
-
19.3 MEA DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2020-2024]
- 19.3.1 Railways
- 19.3.2 Electric Vehicles
- 19.3.3 Industrial Machinery
- 19.3.4 Metro Systems
- 19.3.5 Aerospace
- 19.4 MEA DC Traction Motor Market by Country (USD Million) & Sales Volume (Units) [2025-2031]
- 19.5 MEA DC Traction Motor Market by Type (USD Million) & Sales Volume (Units) [2025-2031]
- 19.6 MEA DC Traction Motor Market by Application (USD Million) & Sales Volume (Units) [2025-2031]
Chapter 20: Research Findings & Conclusion
- 20.1 Key Findings
- 20.2 Conclusion
Chapter 21: Methodology and Data Source
-
21.1 Research Methodology & Approach
- 21.1.1 Research Program/Design
- 21.1.2 Market Size Estimation
- 21.1.3 Market Breakdown and Data Triangulation
-
21.2 Data Source
- 21.2.1 Secondary Sources
- 21.2.2 Primary Sources
Chapter 22: Appendix & Disclaimer
- 22.1 Acronyms & bibliography
- 22.2 Disclaimer
Frequently Asked Questions (FAQ):
The Global DC Traction Motor market size surpassed 2.3 Billion in 2024 and will expand at a CAGR of 5.80% between 2024 and 2031.
The DC Traction Motor Market is growing at a CAGR of 5.80% over the forecasted period 2024 - 2031.
The changing dynamics and trends such as Eco-friendly, Automation, Electric Vehicle Boom, Power Density, Energy Efficiency are seen as major Game Changer in Global DC Traction Motor Market.
The leaders in the Global DC Traction Motor Market such as Siemens, GE, ABB, Mitsubishi Electric, Toshiba, Hitachi, Alstom, Bombardier, Hyundai Rotem, CRRC, Voith, Ansaldo, Alstom, CAF, CAF are targeting innovative and differentiated growth drivers some of them are Electrification Of Transport, Environmental Concerns, Efficiency, Automation, Technological Advancements
Some of the major roadblocks that industry players have identified are High Cost Of Production, Maintenance Issues, Energy Storage Challenges, Competition, Raw Material Shortages.
The market opportunity is clear from the flow of investment into Global DC Traction Motor Market, some of them are Expansion Of Electric Transportation, Technological Innovation, Cost Savings, Market Demand For Efficient Solutions, Regulatory Support.
Siemens, GE, ABB, Mitsubishi Electric, Toshiba, Hitachi, Alstom, Bombardier, Hyundai Rotem, CRRC, Voith, Ansaldo, Alstom, CAF, CAF etc are the main players listed in the Global DC Traction Motor Market Study.
The Global DC Traction Motor Market Study is Broken down by applications such as Railways, Electric vehicles, Industrial machinery, Metro systems, Aerospace.
The Global DC Traction Motor Market Study is segmented by Brushed, Brushless, Series, Shunt, Permanent magnet.
The Global DC Traction Motor Market Study includes regional breakdown as North America, LATAM, West Europe,Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA
Historical Year: 2020 - 2024; Base year: 2024; Forecast period: 2025 to 2031
The DC Traction Motor Market is focused on the demand and supply of direct current (DC) motors used in traction applications, primarily in electric vehicles (EVs), trains, and other forms of transportation. DC traction motors are widely appreciated for their simplicity, reliability, and ability to deliver high starting torque. The market is expected to grow due to increasing electrification of transport systems, as well as the adoption of electric traction in industries aiming to reduce emissions and operational costs. With advancements in energy storage and battery technologies, DC motors continue to be a preferred choice for public transport systems, especially in metro rails and trams. Additionally, the growth of electric cars and hybrid vehicles further fuels the demand for DC motors in the transportation sector. The market is also driven by advancements in motor efficiency and the push for cleaner, more sustainable transportation solutions.
