Traction Electromagnet Market Size, Growth Trends, Key Players & Forecast 2026–2032 According to a new report from Intel Market Research, Global traction electromagnet market was valued at USD 777 million in 2026 and is projected to reach USD 1,128 million by 2032, growing at a steady CAGR of 5.5% during the forecast period (2026-2032). This growth is driven by accelerating industrial automation, increasing demand for energy-efficient electromagnetic solutions, and technological advancements in industrial robotics. 📥 Download FREE Sample Report: Traction Electromagnet Market - View in Detailed Research Report