Traction Motors Market surpassing valuation of 30.0 Billion by 2032

The global traction motor market are projected to grow at a CAGR 13.0% between 2022 and 2032, surpassing valuation of 30 Billion dollars by the year 2032 when it is expected that global sales will reach 12-15%. The overall demand for these high performance motors from diverse industries such as automotive or electric & electronics has helped …