Showing posts with label Electric Traction Motor Market Size. Show all posts
Showing posts with label Electric Traction Motor Market Size. Show all posts

Electric Traction Motor Market To Touch USD 34,891 Million by 2030

The electric traction motor market was USD 12,669 million in 2022, and it will power at a rate of 13.5% in the years to come, to reach, USD 34,891 million by 2030.The railway category will be the fastest growing application with a rate of 13.8% in the years to come. As opposed to roads, the railway is a better option and more lucrative for long-distance...
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