Railway Traction Motors Market Pegged at US $10.05 Bn in 2015 And, Registering a 3.1% CAGR from 2016 to 2024
North America railway traction motors market is expected to rise from US$10.05 bn in 2015 to US$13.21 bn by 2024, reporting a 3.1% CAGR therein; Market for railway traction motors is driven by ongoing investments in research and development.
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