Electric Traction Motor Market Reached USD 11,317 million in 2019 and is Projected to grow a CAGR of 20%

Electric Traction Motor Market attained a value of USD 11,317 million in 2019 and is forecast to increase at a CAGR of 20% over the forecast period. An electric traction motor is commonly used in electric vehicles and helps convert electric energy into mechanical for propulsion of automotive.

For Additional Insights, Click to Access Complete Report – https://www.marketwatch.com/press-release/electric-traction-motor-market-reached-usd-11317-million-in-2019-and-is-projected-to-grow-a-cagr-of-20-2022-05-10

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