Railway Traction Motor Market size to grow by USD 2.44 billion from 2021 to 2026, Driven by the railway infrastructure development in Asian countries – Technavio

NEW YORK, March 29, 2023 /PRNewswire/ — The railway traction motor market size is expected to grow by USD 2.44 billion from 2021 to 2026 at a CAGR of 5%, according to Technavio. The railway traction motor market is segmented by type (DC motors, AC motors, and synchronous motors) and…