Electric Traction Motor Market Is Projected to Reach $36.6 Billion by 2025 at a CAGR of 20.9% During the Forecast Period.
The electric traction motor market is projected to grow at a CAGR of 20.9% from 2020 to 2025, to reach a market size of USD 36.6 billion by 2025 from USD 14.2 billion in 2020.
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