The global railway traction motor market was valued at $30.3 billion in 2016 and is projected to reach $41.6 billion by 2025, growing at a CAGR of 3.8% from 2017 to 2025. In 2016, the diesel locomotive segment dominated the globalRailway Traction Motor Market 2026 Global Analysis, Size, Business Growth, Trends
The global railway traction motor market was valued at $30.3 billion in 2016 and is projected to reach $41.6 billion by 2025, growing at a CAGR of 3.8% from 2017 to 2025. In 2016, the diesel locomotive segment dominated the global