Electric Commercial Vehicle Traction Motor Market worth $9.8 billion | MarketsandMarkets™
Radial flux motors are experiencing a surge in demand within the electric commercial vehicle traction motor market due to several factors.
- Radial flux motors are experiencing a surge in demand within the electric commercial vehicle traction motor market due to several factors.
- The European electric commercial vehicle traction motor market is on the rise, with stringent environmental regulations propelling market players to develop advanced e-axles and traction motor.
- Electric Commercial Vehicle Traction Motor Market Dynamics:
Key Market Players of Electric Commercial Vehicle Traction Motor Industry:
The electric commercial vehicle traction motor market is dominated by established players such as ZF Friedrichshafen AG (Germany), Dana Limited (US), Robert Bosch GmbH (Germany), Magna International Inc. (Germany), and Allison Transmission, Inc. (US). - Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the electric commercial vehicle traction motor market.