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  Market Research Future published a half-cooked research report on global  electric traction motor market . The electric traction motor market is expected to expand at 4.80% CAGR during the period 2018 to 2023. Market Highlights Electric traction motor is a type of electric motor which is used for propulsion of a vehicle. It is used in electrically powered rail vehicles such as electric multiple units and electric locomotives. Furthermore, traction motor is installed in fully hybrid and battery electric vehicles. Permanent magnet synchronous motor and asynchronous motors are two main types of traction motor which is currently driving the electric traction motors. Request a Free Sample @   https://www.marketresearchfuture.com/sample_request/7002 Based on type, the market is segmented as AC motor and DC motor. AC segment is estimated to dominate the market during the forecast period due to its wide application in railways and electric vehicles. Increasing demand for electr...