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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
A wide variety of devices have employed electric motors, but in more recent years, electric traction motors have been used to power trains, trams, metros, and a variety of other devices.
The relevance of electric cars has increased over time due to growing GHG emission issues. To reduce carbon emissions and dependency on internal combustion engines, several nations and leaders are encouraging e-mobility. In addition to promoting greener e-transportation, electric vehicle use also lessens the need for fossil fuels.
The market for electric traction motors is driven by their widespread usage in transportation systems including railroads, trams, metros, EVs, elevators, and conveyors. Therefore, it is anticipated that the market for electric traction motors would rise as a result of increasing e-mobility adoption and growing environmental concern.
The India EV Traction Motor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
The EV6, which will be released on our shores as a straight import, will be Kia's first EV for the Indian market and will be based on the BMW 14 electric.
With a WLTP-certified range of 528 km and the choice of single-motor rear-wheel drive (RWD) or dualmotor all-wheel drive (AWD), the vehicle will likely be supplied with a 77.4 kWh battery pack.
While the AWD version cranks out 325 PS and 605 Nm, the RWD version produces 229 PS and 350 Nm. Bookings for the electric vehicle are already available, and given its specifications and that it will be a CBU,
The Tata Tiago was shown off at the Auto Expo a few years back with an all-electric drivetrain, but the automaker hasn't announced a launch date for the reasonably priced EV. However, this year may be the vehicle's year of release. The Tiago EV will resemble the ICE version externally, with a few modifications like blue paint and different alloy wheels.
The Tiago EV could employ the same Tigor EV's electric drivetrain, which consists of a 26 kWh battery pack driving a 74.7 PS/170 Nm electric motor. On a single charge, the electric hatch could go around 310 kilometres.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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