Electric Traction Motor Market Size to Reach $22.2 Billion by 2027 – Historical and Future Challenges

According to the new market research report "Electric Traction Motor Market by Type (AC and DC), Power Rating (Below 200 kW, 200-400 kW, and Above 400 kW), Application (Railways, Electric Vehicles, Elevators, Conveyors, and Industrial Machinery) and Region - Global Forecast to 2027", published by MarketsandMarkets™, the global Electric Traction Motor Market is projected to reach USD 22.2 billion by 2027 from an estimated market size of USD 12.3 billion in 2022, at a CAGR of 12.6% during the forecast period. The increase in demand for high-performance motors, favorable government policies and subsidies, and the rise in investments in the railway sector are likely to drive the market growth.

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The AC segment is expected to be the fastest growing segment, by type, during the forecast period

The AC electric traction motor segment is expected to be the fastest growing segment by type for electric traction motors during the forecast period. AC electric traction motors are simple to construct and do not require any additional mechanical contacts such as brushes to work. They are more efficient and less expensive to manufacture. Therefore, the demand for AC electric traction motors is likely to increase in the market during the forecast period.

Browse in-depth TOC on "Electric Traction Motor Market" 
196 – Tables 
48 – Figures 
185 – Pages

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Below 200 kW is expected to be the fastest growing segment in the Electric Traction Motor Market, by power rating, during forecast period

By Power rating, below 200 kW segment is expected to dominate the Electric Traction Motor Market from 2022 to 2027. The rising investment in electric vehicles is one of the major factors driving the growth of this segment. Electric vehicles that use these motors include Plug-In Hybrid Vehicles (PHEVs), Hybrid Electric Vehicles (HEVs), Battery Electric Vehicles (BEVs), electric two wheelers, and electric buses.

Asia Pacific: Projected to be the largest market for electric traction motors during the forecast period

Asia Pacific is projected to have largest market across the global for electric traction motor during forecast period from 2022 to 2027. Rising investments in electric vehicles and rolling stock is the key factor driving the Electric Traction Motor Market in Asia Pacific.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Electric Traction Motor Market. These players include Siemens Energy ABB (Switzerland), Mitsubishi Electric Corporation (Japan), TOSHIBA CORPORATION (Japan), General Electric (US), and Siemens (Germany).

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MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Lithium Iron Phosphate Batteries Market 2022 New Report Size, Trends, Share, Growth Forecast By 2027

According to a new market research report "Lithium Iron Phosphate Batteries Market by Design (Cells, Battery Packs), Capacity, Industry (Automotive, Power, Industrial, Aerospace, Marine), Application (Portable, Stationary), Voltage (Low, Medium, High) & Region - Global forecast to 2027", published by MarketsandMarkets™, the global Lithium Iron Phosphate Batteries Market is projected to reach USD 24.6 billion by 2027 from an estimated market size of USD 13.0 billion in 2022, at a CAGR of 13.7% during the forecast period. The market is majorly drive by increasing adoption of EVs while the adoption of renewable energy storage systems offers lucrative growth opportunities.

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100,001–540,000 mAh: The largest segment of the Lithium Iron Phosphate Batteries Market, by capacity

The Lithium Iron Phosphate Batteries Market, by capacity, is segmented into 0–16,250 mAh, 16,251–50,000 mAh, 50,001–100,000 mAh and 100,001–540,000 mAh. The 100,001–540,000 mAh segment is expected to hold the largest size of the market for lithium iron phosphate batteries. The high market share of this segment can be attributed to the increasing production of EVs to accommodate the growing demand.

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262 – Tables 
49 – Figures 
225 – Pages

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The automotive segment is expected to be the most significant Lithium Iron Phosphate Batteries Market, by industry

The Lithium Iron Phosphate Batteries Market, by industry, is segmented into automotive, power, industrial, aerospace, marine and others. Others include medical and telecommunications industries. The enhanced demand from the automotive industry, especially from the EV application is expected to drive the growth of the segment.

Asia Pacific is expected to dominate the global Lithium Iron Phosphate Batteries Market

The Asia Pacific region is expected to account for the largest share of the global Lithium Iron Phosphate Batteries Market, followed by Europe. The Asia Pacific region is also projected to be the fastest-growing market during the forecast period. The dominance of the Asia Pacific region can be attributed to the presence of top market players in China and the increasing adoption of sustainable transportation solutions such as EVs.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Lithium Iron Phosphate Batteries Market. These players include BYD Company Ltd. (China), Contemporary Amperex Technology Co., Limited. (China), K2 Energy (US), A123 Systems (US) And Lithium Werks Inc. (China).

About MarketsandMarkets™ 

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledge Store" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

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Progressing Cavity Pump Market predicted to grow $2.8 billion in 2027

According to the new market research report "Progressing Cavity Pump Market by Pumping Capacity (Upto 500 GPM, 501–1000 GPM, Above 1000 GPM), Power Rating (Upto 50 hp, 51–150 hp, Above 150 hp), End User (Oil & Gas, Water & Wastewater, Others), Product Type, Stage Type and Region - Forecast to 2027" The progressing cavity pump market is expected to grow at a CAGR of 5.3% during the forecast period, from an estimated USD 2.2 billion in 2022 to USD 2.8 billion in 2027. Growing developments in investments in water & wastewater treatment, oil & gas, chemicals & petrochemicals, mining is fueling the growth for progressing cavity pumps. The new technology trends in conveying high viscosity fluids and semi-solids is creating numerous opportunities for progressing cavity pump manufacturers.

Browse 136 market data Tables and 52 Figures spread through 228 Pages and in-depth TOC on "Progressing Cavity Pump Market  - Forecast to 2027"
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The water & wastewater treatment segment, by end-user industry, is expected to be the largest progressing cavity pump market during the forecast period

The water & wastewater segment has the largest share of the global progressing cavity pump market owing to rise in the demand in developing countries with increase in the sanitation services for achieving sustainability development goals. As these pumps work efficiently when comes to highly viscous fluids and semi-solids which is fueling the growth for progressive cavity pumps. Moreover factors such as population growth, industrial development are increasing the demand for usage of progressive cavity pumps in wastewater treatment.

51–150 hp segment is expected to be the second largest market, by power rating, during the forecast period

51–150 hp progressing cavity pumps offer various advantages such as less floor space and high performance allow them to be utilized in large number of end-user industries. Also recent developments in the design of 51–150 hp progressing cavity pumps is increasing their demand. These are more suitable in water & wastewater treatment, food & beverages, oil & gas industries.

Asia Pacific is expected to dominate the global progressing cavity pump market during the forecast period

In this report, the progressing cavity pump market has been analyzed for 5 regions, namely Asia Pacific, North America, Europe, Middle East & Africa, South America. Asia Pacific is expected to lead the market during the forecast period.

Asia Pacific region has undergone rapid developments and growth from the major economies such as China, India, Malaysia, Thailand, Vietnam, South Korea, and Japan.  The region has witnessed developments in various sectors such as oil & gas, food & beverages, mining, chemical & petrochemicals in the recent years. For instance in china, there are natural gas explorations and import activities. China new mining policies involving foreign investments in the mining industry has supported to raise the demand for progressing cavity pumps this trend has been observed in different across countries in the region which fueled the growth for progressing cavity pump market.

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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the progressing cavity pump market. These include including NOV (US), NETZSCH (Germany), Seepex (Germany), PCM (France), CIRCOR International (US), and Schlumberger (US). The leading players are trying to establish themselves in the markets of developed countries and are adopting various strategies such as investments, expansions, product launches, sales contracts, agreements, mergers, acquisitions, collaborations, partnerships, and joint ventures to increase their respective market shares.

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About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
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Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
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