Electric Traction Systems

A Global Strategic Business Report

MCP16354

RESEARCH DASHBOARD

OCT 2025

RELEASE DATE

19683

EXECUTIVE POOL

5850

PRICE

1968

EXPERT INPUTS

21

COMPANIES

152

DATA TABLES

213

PAGES

7

EDITION

WHAT'S BEHIND OUR DATA?

140857226

DOMAIN TRANSCRIPTS

6080276

BRANDS TRACKED

1729341

FEATURED COMPANIES

22574

TOPICS COVERED

82719

MARKET SEGMENTS

91

KEY INDUSTRIES

1574

CURATION TEAM

4761909

DECISION MAKERS

EXECUTIVE ENGAGEMENTS BY TIER (5557)

428

CXO

565

VICE PRESIDENT

872

DIRECTOR

3058

MANAGER

634

MARKETING

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HIGHLIGHTS & REPORT INDEX

Global Electric Traction Systems Market to Reach US$481.8 Billion by 2030

The global market for Electric Traction Systems estimated at US$406.3 Billion in the year 2024, is expected to reach US$481.8 Billion by 2030, growing at a CAGR of 2.9% over the analysis period 2024-2030. Electric Traction Motors, one of the segments analyzed in the report, is expected to record a 2.6% CAGR and reach US$289.3 Billion by the end of the analysis period. Growth in the Electric Traction Transformers segment is estimated at 2.4% CAGR over the analysis period.

The U.S. Market is Estimated at US$109.8 Billion While China is Forecast to Grow at 4.5% CAGR

The Electric Traction Systems market in the U.S. is estimated at US$109.8 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$93.0 Billion by the year 2030 trailing a CAGR of 4.5% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 1.9% and 2.5% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.

Global Electric Traction Systems Market - Key Trends & Drivers Summarized

Why Are Electric Traction Systems Important for Modern Transportation?
Electric traction systems are critical components in the transportation sector, particularly in railways, electric vehicles (EVs), and urban transit systems. These systems convert electrical energy into mechanical motion, enabling efficient, eco-friendly propulsion for trains, trams, and electric cars. As governments and organizations worldwide prioritize the development of green and efficient transportation solutions, electric traction systems have become central to modernizing transit infrastructure. The demand for high-speed rail systems and electric buses, which rely on electric traction systems for energy-efficient and emissions-free operation, is on the rise, driven by the push for sustainable mobility solutions and reduced dependency on fossil fuels.

How Are Technological Innovations Enhancing Electric Traction Systems?
Advances in power electronics and motor technologies are significantly enhancing the performance of electric traction systems. Innovations such as silicon carbide (SiC) and gallium nitride (GaN) power semiconductors allow for higher efficiency, reduced energy losses, and improved control over traction motors, leading to more reliable and efficient systems. The integration of regenerative braking technology, which allows energy to be recaptured during braking and fed back into the power grid or vehicle battery, is also gaining prominence. Furthermore, developments in battery technology and energy storage solutions are enhancing the performance and range of electric vehicles and trains, making electric traction systems more viable and efficient for long-distance and high-speed applications.

Are Regulatory and Environmental Factors Pushing Market Growth?
Regulatory policies and environmental concerns are major factors driving the adoption of electric traction systems. Governments worldwide are implementing stringent regulations to reduce emissions from the transportation sector, promoting the shift from traditional diesel-powered vehicles to electric and hybrid alternatives. Incentives for electric vehicle adoption and investments in electric rail infrastructure are encouraging the development and deployment of electric traction systems. Environmental sustainability goals, such as those outlined in international agreements like the Paris Agreement, are also propelling countries to adopt cleaner, more efficient transportation solutions. As a result, electric traction systems that offer reduced emissions and energy-efficient operation are gaining significant traction.

What Is Driving the Growth of the Electric Traction Systems Market?
The growth in the electric traction systems market is driven by several factors, including the global push towards sustainable and eco-friendly transportation solutions. The increasing adoption of electric vehicles, coupled with investments in high-speed rail and urban transit projects, is boosting demand for electric traction systems. Technological advancements, such as the development of efficient power semiconductors and energy storage systems, are further enhancing the efficiency and performance of these systems, encouraging their adoption across various transportation modes. Additionally, government policies and subsidies supporting electric vehicle infrastructure and the modernization of railway systems play a crucial role in accelerating market growth. With the continued focus on reducing emissions and improving transportation efficiency, the electric traction systems market is set to expand, meeting the evolving needs of the global transportation sector.

SCOPE OF STUDY

The report analyzes the Electric Traction Systems market by the following Segments, and Geographic Regions/Countries:

Segments:

Type (Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters, Other Types); End-Use (Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas, Other End-Uses).

Geographic Regions/Countries:

World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa..

SELECT PLAYERS

ABB Ltd.; Alstom SA; American Traffic Solutions; Ansaldo STS SpA; Bombardier, Inc.; Caterpillar, Inc.; CG Power and Industrial Solutions Ltd.; Curtiss-Wright Corporation; Delphi Automotive LLP; General Electric Company; Hitachi Ltd.; Hyundai Rotem Company; Kawasaki Heavy Industries Ltd.; Konar AO; Mitsubishi Electric Corporation; Prodrive Technologies; Schneider Electric SA; Siemens AG; Toshiba Corporation; Traktionssysteme Austria; TTM Rail - Transtech Melbourne Pty. Ltd.; VEM GmbH; Voith GmbH & Co. KGaA

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TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by increasing the Cost of Goods Sold (COGS), reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Trade Shocks, Uncertainty, and the Structural Rewiring of the Global Economy

How Trump’s Tariffs Impact the Market? The Big Question on Everyone’s Mind

Electric Traction Systems – Global Key Competitors Percentage Market Share in 2024 (E)

Competitive Market Presence - Strong/Active/Niche/Trivial for 21 Players Worldwide in 2024 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Increasing Investments in Electrification of Railway Networks

Growth in Urban Mobility and Public Transportation Projects

Adoption of Energy-Efficient Traction Systems for Electric Vehicles (EVs)

Technological Innovations in Power Electronics and Control Systems

Expansion of High-Speed Rail and Metro Networks Worldwide

Development of Lightweight Traction Motors for Improved Efficiency

Surge in Demand for Hybrid and Electric Locomotives

Integration of Regenerative Braking Systems for Energy Recovery

Rise in Electrification of Industrial Vehicles and Machinery

Increasing Focus on Reducing Carbon Emissions in the Transport Sector

Government Incentives and Policies Supporting Electric Transportation

Development of Advanced Traction Systems for High Load Capacities

4. GLOBAL MARKET PERSPECTIVE

World Electric Traction Systems Market Analysis of Annual Sales in US$ Million for Years 2015 through 2030

World Recent Past, Current & Future Analysis for Electric Traction Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Electric Traction Systems by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Electric Traction Systems by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Electric Traction Motors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Electric Traction Motors by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Electric Traction Motors by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Electric Traction Transformers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Electric Traction Transformers by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Electric Traction Transformers by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Electric Traction Generators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Electric Traction Generators by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Electric Traction Generators by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Electric Traction Inverters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Electric Traction Inverters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Electric Traction Inverters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Electric Traction Converters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Electric Traction Converters by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Electric Traction Converters by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Other Types by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Other Types by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Transportation by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Transportation by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Automotive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Automotive by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Power Engineering / Electrical Engineering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Power Engineering / Electrical Engineering by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Power Engineering / Electrical Engineering by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Mining by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Mining by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Oil & Gas by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Oil & Gas by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

World Recent Past, Current & Future Analysis for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

World Historic Review for Other End-Uses by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

World 15-Year Perspective for Other End-Uses by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa for Years 2015, 2025 & 2030

III. MARKET ANALYSIS

UNITED STATES

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2025 (E)

USA Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

USA Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

USA 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

USA Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

USA Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

USA 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

CANADA

Canada Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Canada Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Canada 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Canada Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Canada Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Canada 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

JAPAN

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2025 (E)

Japan Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Japan Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Japan 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Japan Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Japan Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Japan 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

CHINA

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2025 (E)

China Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

China Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

China 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

China Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

China Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

China 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

EUROPE

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2025 (E)

Europe Recent Past, Current & Future Analysis for Electric Traction Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

Europe Historic Review for Electric Traction Systems by Geographic Region - France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Europe 15-Year Perspective for Electric Traction Systems by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK, Spain, Russia and Rest of Europe Markets for Years 2015, 2025 & 2030

Europe Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Europe Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Europe 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Europe Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Europe Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Europe 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

FRANCE

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2025 (E)

France Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

France Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

France 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

France Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

France Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

France 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

GERMANY

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2025 (E)

Germany Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Germany Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Germany 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Germany Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Germany Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Germany 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

ITALY

Italy Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Italy Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Italy 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Italy Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Italy Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Italy 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

UNITED KINGDOM

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2025 (E)

UK Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

UK Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

UK 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

UK Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

UK Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

UK 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

SPAIN

Spain Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Spain Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Spain 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Spain Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Spain Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Spain 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

RUSSIA

Russia Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Russia Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Russia 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Russia Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Russia Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Russia 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

REST OF EUROPE

Rest of Europe Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Rest of Europe Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Rest of Europe 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Rest of Europe Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Rest of Europe Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Rest of Europe 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

ASIA-PACIFIC

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2025 (E)

Asia-Pacific Recent Past, Current & Future Analysis for Electric Traction Systems by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

Asia-Pacific Historic Review for Electric Traction Systems by Geographic Region - Australia, India, South Korea and Rest of Asia-Pacific Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Asia-Pacific 15-Year Perspective for Electric Traction Systems by Geographic Region - Percentage Breakdown of Value Sales for Australia, India, South Korea and Rest of Asia-Pacific Markets for Years 2015, 2025 & 2030

Asia-Pacific Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Asia-Pacific Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Asia-Pacific 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Asia-Pacific Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Asia-Pacific Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Asia-Pacific 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

AUSTRALIA

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Australia for 2025 (E)

Australia Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Australia Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Australia 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Australia Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Australia Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Australia 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

INDIA

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in India for 2025 (E)

India Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

India Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

India 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

India Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

India Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

India 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

SOUTH KOREA

South Korea Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

South Korea Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

South Korea 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

South Korea Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

South Korea Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

South Korea 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

REST OF ASIA-PACIFIC

Rest of Asia-Pacific Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Rest of Asia-Pacific Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Rest of Asia-Pacific 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Rest of Asia-Pacific Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Rest of Asia-Pacific Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Rest of Asia-Pacific 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

LATIN AMERICA

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Latin America for 2025 (E)

Latin America Recent Past, Current & Future Analysis for Electric Traction Systems by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

Latin America Historic Review for Electric Traction Systems by Geographic Region - Argentina, Brazil, Mexico and Rest of Latin America Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Latin America 15-Year Perspective for Electric Traction Systems by Geographic Region - Percentage Breakdown of Value Sales for Argentina, Brazil, Mexico and Rest of Latin America Markets for Years 2015, 2025 & 2030

Latin America Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Latin America Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Latin America 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Latin America Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Latin America Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Latin America 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

ARGENTINA

Argentina Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Argentina Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Argentina 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Argentina Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Argentina Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Argentina 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

BRAZIL

Brazil Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Brazil Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Brazil 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Brazil Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Brazil Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Brazil 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

MEXICO

Mexico Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Mexico Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Mexico 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Mexico Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Mexico Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Mexico 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

REST OF LATIN AMERICA

Rest of Latin America Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Rest of Latin America Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Rest of Latin America 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Rest of Latin America Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Rest of Latin America Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Rest of Latin America 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

MIDDLE EAST

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Middle East for 2025 (E)

Middle East Recent Past, Current & Future Analysis for Electric Traction Systems by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2024 through 2030 and % CAGR

Middle East Historic Review for Electric Traction Systems by Geographic Region - Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Middle East 15-Year Perspective for Electric Traction Systems by Geographic Region - Percentage Breakdown of Value Sales for Iran, Israel, Saudi Arabia, UAE and Rest of Middle East Markets for Years 2015, 2025 & 2030

Middle East Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Middle East Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Middle East 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Middle East Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Middle East Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Middle East 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

IRAN

Iran Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Iran Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Iran 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Iran Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Iran Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Iran 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

ISRAEL

Israel Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Israel Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Israel 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Israel Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Israel Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Israel 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

SAUDI ARABIA

Saudi Arabia Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Saudi Arabia Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Saudi Arabia 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Saudi Arabia Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Saudi Arabia Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Saudi Arabia 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

UNITED ARAB EMIRATES

UAE Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

UAE Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

UAE 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

UAE Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

UAE Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

UAE 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

REST OF MIDDLE EAST

Rest of Middle East Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Rest of Middle East Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Rest of Middle East 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Rest of Middle East Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Rest of Middle East Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Rest of Middle East 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

AFRICA

Electric Traction Systems Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Africa for 2025 (E)

Africa Recent Past, Current & Future Analysis for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Africa Historic Review for Electric Traction Systems by Type - Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Africa 15-Year Perspective for Electric Traction Systems by Type - Percentage Breakdown of Value Sales for Electric Traction Motors, Electric Traction Transformers, Electric Traction Generators, Electric Traction Inverters, Electric Traction Converters and Other Types for the Years 2015, 2025 & 2030

Africa Recent Past, Current & Future Analysis for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses - Independent Analysis of Annual Sales in US$ Million for the Years 2024 through 2030 and % CAGR

Africa Historic Review for Electric Traction Systems by End-Use - Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses Markets - Independent Analysis of Annual Sales in US$ Million for Years 2015 through 2023 and % CAGR

Africa 15-Year Perspective for Electric Traction Systems by End-Use - Percentage Breakdown of Value Sales for Transportation, Automotive, Power Engineering / Electrical Engineering, Mining, Oil & Gas and Other End-Uses for the Years 2015, 2025 & 2030

COMPETITIVE METRICS

COMPETITORS (ALPHABETICAL)	% VALIDATED RESEARCH *
ABB Ltd.	%
ABB Sp. z o.o	%
Cheng Day Machinery Works Co., Ltd.	%
CRRC Zhuzhou Electric CO., Ltd	%
Hitachi Ltd.	%
Hyundai Motor Company	%
LAYER ELECTRONICS S.R.L.	%
Mitsubishi Electric Corporation	%
Plexim	%
Siemens AG	%

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