Tag: Automotive Traction Motor Market

The global automotive traction motor market is projected to grow by CAGR 22.8% from USD 6.5 billion in 2022 to USD 18.4 billion by 2027. The base year for the report is 2022, and the forecast period is from 2022 to 2027.   Asia Pacific …

The global automotive traction motor market is projected to grow at a CAGR of 33.7% from USD 4.1 billion in 2021 to USD 17.3 billion by 2026. Increasing demand of electric vehicles, manufacturing of high performance motors, and supporting government policies are factors responsible to …