Who are the key players in North America Electric Traction Motor Market industry?

The key players in the North America Electric Traction Motor Market are Siemens AG, ABB Ltd., Nidec Corporation, General Electric Company, and Toshiba Corporation. These companies dominate the market through innovation, broad product portfolios, and strategic partnerships with OEMs across railways, automotive, and industrial sectors, ensuring strong regional presence.

What is the North America Electric Traction Motor Market growth?

The North America Electric Traction Motor Market is experiencing robust growth, estimated at a CAGR of over 10% from 2022 to 2027. Recent growth has been driven by increased electric vehicle adoption and rail electrification projects, with companies like Siemens launching advanced, energy-efficient traction motors.

Which segment accounted for the largest North America Electric Traction Motor Market share?

The largest segment by application in the North America Electric Traction Motor Market is the railway segment. The railway sector accounted for the maximum market share, fueled by ongoing investments in high-speed trains, metro developments, and modernization programs, with major traction motor supply contracts secured by companies like ABB and GE.

What are the factors driving the North America Electric Traction Motor Market?

Key factors driving the market include increased government mandates on emission reduction, rising adoption of electric vehicles, and railway modernization. For example, Nidec Corporation has expanded production to serve surging e-mobility demand, underpinned by supportive policies and funding for green transportation initiatives across North America.

Which type accounted for the largest North America Electric Traction Motor Market share?

AC induction motors hold the largest share in the North America Electric Traction Motor Market. Their dominance is due to greater efficiency, reliability, and cost-effectiveness, making them the preferred choice for modern EVs and railway applications. Leading players like Toshiba and Siemens offer advanced AC induction motor solutions.

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North America Electric Traction Motor Market Manufacturing Plant Project Report - Pre-Feasibility, Cost & ROI Analysis

North America Electric Traction Motor Market Plant Report, Pre-Feasibility, Production Cost Structure, Expenditure Report, Return on Investment (ROI), Economic Feasibility, Capex, OPEX, Machinery, Material Cost, Top Installation Services Providers Analysis

Last Updated: 23-07-2025 | Format: PDF | Report ID:10519

North America Electric Traction Motor Market Procurement Resource Report

Plant ReportPre-FeasibilityProduction Cost StructureExpenditure ReportReturn on Investment (ROI)Economic FeasibilityCapexOPEXMachineryMaterial CostTop Installation Services Providers Analysis

2. North America Electric Traction Motor Market Plant Executive Summary

2.1. North America Electric Traction Motor Market Plant Market Historical and Forecasted Scenario

2.2. North America Electric Traction Motor Market Plant Production Cost Comparison Between 2025 and 2030

2.3. North America Electric Traction Motor Market Plant Income Projections

2.4. North America Electric Traction Motor Market Plant Expenditure Details

2.5. North America Electric Traction Motor Market Plant Profit Margin

3. North America Electric Traction Motor Market Plant Installation Cost Structure

3.1. Total North America Electric Traction Motor Market Plant Capital Investment (Capacity)

3.2. North America Electric Traction Motor Market Plant Working Capital By Country

3.3. North America Electric Traction Motor Market Plant Land Cost By Country

3.4. North America Electric Traction Motor Market Plant Civil Work Cost By Country

3.5. North America Electric Traction Motor Market Plant Machinery Cost By Country

3.6. North America Electric Traction Motor Market Plant Auxiliary Equipment Cost By Country

3.7. North America Electric Traction Motor Market Plant Services Charges By Country

4. North America Electric Traction Motor Market Plant Variable Costs Structure

4.1. North America Electric Traction Motor Market Plant Raw Materials

4.1.1. North America Electric Traction Motor Market Plant Raw Material Specifications

4.1.2. North America Electric Traction Motor Market Plant Raw Material Consumptions

4.1.3. North America Electric Traction Motor Market Plant Raw Material Costs

4.2. North America Electric Traction Motor Market Plant Utilities Consumption Costs

4.3. North America Electric Traction Motor Market Plant Co-Products Cost Credit

4.4. North America Electric Traction Motor Market Plant Labor Requirements and Costs

5. North America Electric Traction Motor Market Plant Fixed Cost Structure

5.1. North America Electric Traction Motor Market Plant Repair & Maintenance Cost

5.2. North America Electric Traction Motor Market Plant Overheads Cost

5.3. North America Electric Traction Motor Market Plant Insurance Cost

5.4. North America Electric Traction Motor Market Plant Depreciation Chargers

6. Top 5 Plant Installation Service Providers Comparative Analysis

6.1. North America Electric Traction Motor Market Plant Consulting Charges

6.2. North America Electric Traction Motor Market Plant Civil Services Charges

6.3. North America Electric Traction Motor Market Plant Installation Charges

6.4. Other Charges

Key Questions Answered

»What is the market size and growth rate of the global and regional market by various segments?
»What is the market size and growth rate of the market for selective countries?
»Which region or sub-segment is expected to drive the market in the forecast period?
»What factors are estimated to drive and restrain the market growth?
»What are the key technological and market trends shaping the market?
»What are the key opportunities in the market?
»What are the key companies operating in the market?
»Which company accounted for the highest market share?

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Study period:

2020-2035

Base year:

2026

Historical data

2020-2024

NO OF PAGE:

167

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