Global Automotive Traction Motor Market Report 2024

Automotive Traction Motor Global Market Report 2025 – By Motor Type (Alternating Current (AC) Induction Motors, Brushless Direct Current Motor, Permanent Magnet Synchronous Motor, Switched Reluctance Motor), By Power Output (Less Than 200 Kw, 200-400 kW, Above 400 kW), By Vehicle Type (Passenger Cars, Trucks, Buses, Pickup Trucks, Vans), By Electric Vehicle (EV) Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle) – Market Size, Trends, And Global Forecast 2025-2034

Automotive Traction Motor Global Market Report 2025

Report Price : $4490.00 | Pages : 175 | Published : January 2025 | Delivery Time: 2-3 business days | Format : pdf

Need assistance or more information before the purchase?

Enquire Before Buying
Automotive Traction Motor Global Market Report 2025

Proud Members Of

checkslacipN checkaoirsN checkscipN

Automotive Traction Motor Market Definition

An automotive traction motor is an electric motor specifically designed to provide propulsion power to vehicles, particularly electric and hybrid electric vehicles (EVs and HEVs). These motors convert electrical energy from the vehicle's battery or generator into mechanical energy to drive the wheels or propel the vehicle. Automotive traction motors are essential in modern automotive electrification efforts, offering advantages such as high efficiency, low emissions, and flexible torque characteristics.

The main motor types of automotive traction motor are alternating current (AC) induction motor, brushless direct current motor, permanent magnet synchronous motor, and switched reluctance motor. An alternating current (AC) induction motor is a type of electric motor powered by AC electricity, widely used in industrial and domestic applications for its simplicity and reliability. Power outputs for these motors range from less than 2022 kW, 200-400 kW, to above 400 kW, serving various vehicles including passenger cars, trucks, Buses, pickup trucks, and vans. These vehicles encompass electric vehicle (EV) types such as battery electric vehicles, fuel cell electric vehicles, hybrid electric vehicles, and plug-in hybrid electric vehicles.

Automotive Traction Motor Market Segmentation

The automotive traction motor market covered in this report is segmented –

1) By Motor Type: Alternating Current (AC) Induction Motors, Brushless Direct Current Motor, Permanent Magnet Synchronous Motor, Switched Reluctance Motor

2) By Power Output: Less Than 200 Kw, 200-400 kW, Above 400 kW

3) By Vehicle Type: Passenger Cars, Trucks, Buses, Pickup Trucks, Vans

4) By Electric Vehicle (EV) Type: Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle

Subsegments:

1) By Alternating Current (AC) Induction Motors: Squirrel Cage Induction Motors, Wound Rotor Induction Motors, High Efficiency Ac Induction Motors, High-Torque Ac Induction Motors For Evs, Low-Speed Ac Induction Motors For City Vehicles, Ac Induction Motors With Regenerative Braking Capabilities

2) By Brushless Direct Current (BLDC) Motors: Inner Rotor Bldc Motors, Outer Rotor Bldc Motors, High-Power Bldc Motors For Performance Evs, Low-Cost And Compact Bldc Motors For Urban Mobility, Bldc Motors With Integrated Controllers For Efficiency, Water-Cooled Bldc Motors For Heavy-Duty Applications

3) By Permanent Magnet Synchronous Motors (PMSM): Surface-Mounted Pmsm, Interior Permanent Magnet (IPM) Motors, High-Speed Pmsm For Sports And Performance Vehicles, Pmsm With Integrated Power Electronics, High-Torque Density Pmsm For Commercial Evs, Pmsm For Hybrid Electric Vehicles (HEVS)

4) By Switched Reluctance Motors (SRM): Radial Switched Reluctance Motors, Axial Switched Reluctance Motors, High-Torque Srms For Heavy-Duty Evs, Low-Cost And Simple Srms For Budget Ev Models, High-Speed Switched Reluctance Motors For High-Performance Evs, Srm With Advanced Control Systems For Efficiency

Automotive Traction Motor Market Size and growth rate 2025 to 2029: Graph

Automotive Traction Motor Market Size 2025 And Growth Rate

The automotive traction motor market size has grown rapidly in recent years. It will grow from $7.45 billion in 2024 to $8.91 billion in 2025 at a compound annual growth rate (CAGR) of 19.7%. The growth in the historic period can be attributed to government regulations and incentives, increasing demand for fuel-efficient alternatives, growth in environmental awareness and preference for sustainable transportation, enhanced accessibility, and convenience of EV charging stations, and significant research and development and production investments by automotive manufacturers.

Automotive Traction Motor Market Growth Forecast

The automotive traction motor market size is expected to see rapid growth in the next few years. It will grow to $18.04 billion in 2029 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to further tightening of global emission regulations, decreasing costs of batteries and other key electric vehicle components, continued improvements in battery capacity and efficiency, integration of advanced driver-assistance systems (ADAS) in electric vehicles, increased adoption of EVs in urban mobility solutions, growth in EV adoption in emerging markets. Major trends in the forecast period include development of more efficient and compact traction motors, improved battery performance and cost reduction, traction motors optimized for autonomous vehicle requirements, emphasis on eco-friendly production and recycling of motor components, development of faster and more efficient charging technologies.

Automotive Traction Motor Market Driver: Rising Electric Vehicle Demand Drives Growth In The Automotive Traction Motor Market

The increasing demand for electric vehicles is expected to propel the growth of the automotive traction motor market going forward. Electric vehicles refer to automobiles powered by electric motors, using rechargeable batteries or other energy storage systems as their primary source of propulsion. The increasing demand for electric vehicles is fueled by environmental concerns, government incentives, advancements in battery technology, rising fuel costs, and improved charging infrastructure. Traction motors are essential for the operation of electric vehicles, converting electrical energy into mechanical motion with high efficiency, providing instant torque, enabling regenerative braking, and contributing to electric vehicles' overall performance, reliability, and environmental benefits. For instance, in April 2023, according to the International Energy Agency, a France-based intergovernmental organization for energy policies, electric vehicle sales are expected to reach 32.2 million in 2025 and 72.3 million by 2030. Therefore, the increasing demand for electric vehicles will drive the automotive traction motor market.

Global Automotive Traction Motor Market Major Players

Major companies operating in the automotive traction motor market are Robert Bosch GmbH, Hitachi Ltd., Siemens AG, General Electric Co., ZF Friedrichshafen AG, Continental AG, Magna International Inc., Mitsubishi Electric Corporation, ABB Ltd, Toshiba Corporation, Alstom S.A., Schaeffler Technologies AG & Co. KG, Nidec Corporation, Mahle Group, BorgWarner Inc., Dana Incorporated, Regal Beloit Corporation, Shenzhen Inovance Technology Co. Ltd, Curtiss-Wright Controls Inc., Mitsuba Corporation, CG Power and Industrial Solutions Ltd., American Traction Systems, Jing-Jin Electric Technologies Co Ltd.

Global Automotive Traction Motor Market Trend: Innovative Design Features And Performance Improvements

Major companies operating in the automotive traction motor market are focused on developing innovative products, such as magnet-free electric motors, to improve performance and extend vehicle range. A magnet-free electric motor is a type of electric motor that operates without using permanent magnets, typically relying on alternative technologies like reluctance or induction for generating motion. For instance, in September 2023, ZF Friedrichshafen AG, a Germany-based automotive technology company, launched magnet-free electric motor I2SM (In-Rotor Inductive-Excited Synchronous Motor). The magnetic field inside the rotor is instead created by inductive excitation in this design, which achieves high torque and power density without the size and frictional limitations of traditional brush or slip-ring systems. In contrast to conventional SESM designs, the I2SM's inductive transmitter, which is small and effective, is housed inside the rotor shaft, requiring up to 90 mm less axial space. This innovative motor not only enhances efficiency by reducing energy transmission losses by 15% but also significantly lowers the CO2 footprint during production by up to 50% compared to traditional permanent-magnet synchronous motors.

Automotive Traction Motor Market Merger And Acquisition: BorgWarner Expands Light Vehicle eMotor Portfolio With Tianjin Santroll Acquisition

In March 2022, BorgWarner Inc., a US-based provider of technology solutions for combustion, hybrid, and electric vehicles., acquired Tianjin Santroll Electric Science & Technology's Light Vehicle eMotor business for an undisclosed amount. This acquisition is anticipated to bolster BorgWarner's vertical integration, scale, and product range within light vehicle eMotors while enabling quicker market entry. Tianjin Santroll Electric Science & Technology Co. Ltd. is a China-based company that provides automotive electric traction motors.

Regional Outlook For The Global Automotive Traction Motor Market

Asia-Pacific was the largest region in the automotive traction motor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the automotive traction motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Automotive Traction Motor Market?

The automotive traction motor market consists of sales of induction motors, interior permanent magnet synchronous motors, linear induction motors, and axial flux motors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Automotive Traction Motor Industry?

The automotive traction motor research report is one of a series of new reports from The Business Research Company that provides automotive traction motor market statistics, including the automotive traction motor industry's global market size, regional shares, competitors with an automotive traction motor market share, detailed automotive traction motor market segments, market trends and opportunities, and any further data you may need to thrive in the automotive traction motor industry. This automotive traction motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Automotive Traction Motor Market Report Forecast Analysis
Report AttributeDetails
Market Size Value In 2025 $8.91 billion
Revenue Forecast In 2034 $18.04 billion
Growth Rate CAGR of 19.3% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Motor Type: Alternating Current (AC) Induction Motors, Brushless Direct Current Motor, Permanent Magnet Synchronous Motor, Switched Reluctance Motor
2) By Power Output: Less Than 200 Kw, 200-400 kW, Above 400 kW
3) By Vehicle Type: Passenger Cars, Trucks, Buses, Pickup Trucks, Vans
4) By Electric Vehicle (EV) Type: Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle Subsegments: 1) By Alternating Current (AC) Induction Motors: Squirrel Cage Induction Motors, Wound Rotor Induction Motors, High Efficiency Ac Induction Motors, High-Torque Ac Induction Motors For Evs, Low-Speed Ac Induction Motors For City Vehicles, Ac Induction Motors With Regenerative Braking Capabilities
2) By Brushless Direct Current (BLDC) Motors: Inner Rotor Bldc Motors, Outer Rotor Bldc Motors, High-Power Bldc Motors For Performance Evs, Low-Cost And Compact Bldc Motors For Urban Mobility, Bldc Motors With Integrated Controllers For Efficiency, Water-Cooled Bldc Motors For Heavy-Duty Applications
3) By Permanent Magnet Synchronous Motors (PMSM): Surface-Mounted Pmsm, Interior Permanent Magnet (IPM) Motors, High-Speed Pmsm For Sports And Performance Vehicles, Pmsm With Integrated Power Electronics, High-Torque Density Pmsm For Commercial Evs, Pmsm For Hybrid Electric Vehicles (HEVS)
4) By Switched Reluctance Motors (SRM): Radial Switched Reluctance Motors, Axial Switched Reluctance Motors, High-Torque Srms For Heavy-Duty Evs, Low-Cost And Simple Srms For Budget Ev Models, High-Speed Switched Reluctance Motors For High-Performance Evs, Srm With Advanced Control Systems For Efficiency
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Robert Bosch GmbH, Hitachi Ltd., Siemens AG, General Electric Co., ZF Friedrichshafen AG, Continental AG, Magna International Inc., Mitsubishi Electric Corporation, ABB Ltd, Toshiba Corporation, Alstom S.A., Schaeffler Technologies AG & Co. KG, Nidec Corporation, Mahle Group, BorgWarner Inc., Dana Incorporated, Regal Beloit Corporation, Shenzhen Inovance Technology Co. Ltd, Curtiss-Wright Controls Inc., Mitsuba Corporation, CG Power and Industrial Solutions Ltd., American Traction Systems, Jing-Jin Electric Technologies Co Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Automotive Traction Motor Market Characteristics

    3. Automotive Traction Motor Market Trends And Strategies

    4. Automotive Traction Motor Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Covid And Recovery On The Market

    5. Global Automotive Traction Motor Growth Analysis And Strategic Analysis Framework

    5.1. Global Automotive Traction Motor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

    5.2. Analysis Of End Use Industries

    5.3. Global Automotive Traction Motor Market Growth Rate Analysis

    5.4. Global Automotive Traction Motor Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

    5.5. Global Automotive Traction Motor Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

    5.6. Global Automotive Traction Motor Total Addressable Market (TAM)

    6. Automotive Traction Motor Market Segmentation

    6.1. Global Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Alternating Current (AC) Induction Motors

    Brushless Direct Current Motor

    Permanent Magnet Synchronous Motor

    Switched Reluctance Motor

    6.2. Global Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Less Than 200 Kw

    200-400 kW

    Above 400 kW

    6.3. Global Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Passenger Cars

    Trucks

    Buses

    Pickup Trucks

    Vans

    6.4. Global Automotive Traction Motor Market, Segmentation By Electric Vehicle (EV) Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Battery Electric Vehicle

    Fuel Cell Electric Vehicle

    Hybrid Electric Vehicle

    Plug-In Hybrid Electric Vehicle

    6.5. Global Automotive Traction Motor Market, Sub-Segmentation Of Alternating Current (AC) Induction Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Squirrel Cage Induction Motors

    Wound Rotor Induction Motors

    High Efficiency Ac Induction Motors

    High-Torque Ac Induction Motors For Evs

    Low-Speed Ac Induction Motors For City Vehicles

    Ac Induction Motors With Regenerative Braking Capabilities

    6.6. Global Automotive Traction Motor Market, Sub-Segmentation Of Brushless Direct Current (BLDC) Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Inner Rotor Bldc Motors

    Outer Rotor Bldc Motors

    High-Power Bldc Motors For Performance Evs

    Low-Cost And Compact Bldc Motors For Urban Mobility

    Bldc Motors With Integrated Controllers For Efficiency

    Water-Cooled Bldc Motors For Heavy-Duty Applications

    6.7. Global Automotive Traction Motor Market, Sub-Segmentation Of Permanent Magnet Synchronous Motors (PMSM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Surface-Mounted Pmsm

    Interior Permanent Magnet (IPM) Motors

    High-Speed Pmsm For Sports And Performance Vehicles

    Pmsm With Integrated Power Electronics

    High-Torque Density Pmsm For Commercial Evs

    Pmsm For Hybrid Electric Vehicles (HEVS)

    6.8. Global Automotive Traction Motor Market, Sub-Segmentation Of Switched Reluctance Motors (SRM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    Radial Switched Reluctance Motors

    Axial Switched Reluctance Motors

    High-Torque Srms For Heavy-Duty Evs

    Low-Cost And Simple Srms For Budget Ev Models

    High-Speed Switched Reluctance Motors For High-Performance Evs

    Srm With Advanced Control Systems For Efficiency

    7. Automotive Traction Motor Market Regional And Country Analysis

    7.1. Global Automotive Traction Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    7.2. Global Automotive Traction Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8. Asia-Pacific Automotive Traction Motor Market

    8.1. Asia-Pacific Automotive Traction Motor Market Overview

    Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.3. Asia-Pacific Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    8.4. Asia-Pacific Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    9. China Automotive Traction Motor Market

    9.1. China Automotive Traction Motor Market Overview

    9.2. China Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.3. China Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    9.4. China Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

    10. India Automotive Traction Motor Market

    10.1. India Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.2. India Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    10.3. India Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11. Japan Automotive Traction Motor Market

    11.1. Japan Automotive Traction Motor Market Overview

    11.2. Japan Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.3. Japan Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    11.4. Japan Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12. Australia Automotive Traction Motor Market

    12.1. Australia Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.2. Australia Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    12.3. Australia Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13. Indonesia Automotive Traction Motor Market

    13.1. Indonesia Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.2. Indonesia Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    13.3. Indonesia Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14. South Korea Automotive Traction Motor Market

    14.1. South Korea Automotive Traction Motor Market Overview

    14.2. South Korea Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.3. South Korea Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    14.4. South Korea Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15. Western Europe Automotive Traction Motor Market

    15.1. Western Europe Automotive Traction Motor Market Overview

    15.2. Western Europe Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.3. Western Europe Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    15.4. Western Europe Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16. UK Automotive Traction Motor Market

    16.1. UK Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.2. UK Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    16.3. UK Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17. Germany Automotive Traction Motor Market

    17.1. Germany Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.2. Germany Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    17.3. Germany Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18. France Automotive Traction Motor Market

    18.1. France Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.2. France Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    18.3. France Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19. Italy Automotive Traction Motor Market

    19.1. Italy Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.2. Italy Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    19.3. Italy Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20. Spain Automotive Traction Motor Market

    20.1. Spain Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.2. Spain Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    20.3. Spain Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21. Eastern Europe Automotive Traction Motor Market

    21.1. Eastern Europe Automotive Traction Motor Market Overview

    21.2. Eastern Europe Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.3. Eastern Europe Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    21.4. Eastern Europe Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22. Russia Automotive Traction Motor Market

    22.1. Russia Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.2. Russia Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    22.3. Russia Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23. North America Automotive Traction Motor Market

    23.1. North America Automotive Traction Motor Market Overview

    23.2. North America Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.3. North America Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    23.4. North America Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24. USA Automotive Traction Motor Market

    24.1. USA Automotive Traction Motor Market Overview

    24.2. USA Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.3. USA Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    24.4. USA Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25. Canada Automotive Traction Motor Market

    25.1. Canada Automotive Traction Motor Market Overview

    25.2. Canada Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.3. Canada Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    25.4. Canada Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26. South America Automotive Traction Motor Market

    26.1. South America Automotive Traction Motor Market Overview

    26.2. South America Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.3. South America Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    26.4. South America Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27. Brazil Automotive Traction Motor Market

    27.1. Brazil Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.2. Brazil Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    27.3. Brazil Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28. Middle East Automotive Traction Motor Market

    28.1. Middle East Automotive Traction Motor Market Overview

    28.2. Middle East Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.3. Middle East Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    28.4. Middle East Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29. Africa Automotive Traction Motor Market

    29.1. Africa Automotive Traction Motor Market Overview

    29.2. Africa Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.3. Africa Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    29.4. Africa Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

    30. Automotive Traction Motor Market Competitive Landscape And Company Profiles

    30.1. Automotive Traction Motor Market Competitive Landscape

    30.2. Automotive Traction Motor Market Company Profiles

    30.2.1. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

    30.2.2. Hitachi Ltd. Overview, Products and Services, Strategy and Financial Analysis

    30.2.3. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

    30.2.4. General Electric Co. Overview, Products and Services, Strategy and Financial Analysis

    30.2.5. ZF Friedrichshafen AG Overview, Products and Services, Strategy and Financial Analysis

    31. Automotive Traction Motor Market Other Major And Innovative Companies

    31.1. Continental AG

    31.2. Magna International Inc.

    31.3. Mitsubishi Electric Corporation

    31.4. ABB Ltd

    31.5. Toshiba Corporation

    31.6. Alstom S.A.

    31.7. Schaeffler Technologies AG & Co. KG

    31.8. Nidec Corporation

    31.9. Mahle Group

    31.10. BorgWarner Inc.

    31.11. Dana Incorporated

    31.12. Regal Beloit Corporation

    31.13. Shenzhen Inovance Technology Co. Ltd

    31.14. Curtiss-Wright Controls Inc.

    31.15. Mitsuba Corporation

    32. Global Automotive Traction Motor Market Competitive Benchmarking And Dashboard

    33. Key Mergers And Acquisitions In The Automotive Traction Motor Market

    34. Recent Developments In The Automotive Traction Motor Market

    35. Automotive Traction Motor Market High Potential Countries, Segments and Strategies

    35.1 Automotive Traction Motor Market In 2029 - Countries Offering Most New Opportunities

    35.2 Automotive Traction Motor Market In 2029 - Segments Offering Most New Opportunities

    35.3 Automotive Traction Motor Market In 2029 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Automotive Traction Motor Market, Segmentation By Electric Vehicle (EV) Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Automotive Traction Motor Market, Sub-Segmentation Of Alternating Current (AC) Induction Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Automotive Traction Motor Market, Sub-Segmentation Of Brushless Direct Current (BLDC) Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Automotive Traction Motor Market, Sub-Segmentation Of Permanent Magnet Synchronous Motors (PMSM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Automotive Traction Motor Market, Sub-Segmentation Of Switched Reluctance Motors (SRM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Automotive Traction Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Automotive Traction Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: Robert Bosch GmbH Financial Performance
  • Table 80: Hitachi Ltd. Financial Performance
  • Table 81: Siemens AG Financial Performance
  • Table 82: General Electric Co. Financial Performance
  • Table 83: ZF Friedrichshafen AG Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Automotive Traction Motor Market, Segmentation By Electric Vehicle (EV) Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Automotive Traction Motor Market, Sub-Segmentation Of Alternating Current (AC) Induction Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Automotive Traction Motor Market, Sub-Segmentation Of Brushless Direct Current (BLDC) Motors, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Automotive Traction Motor Market, Sub-Segmentation Of Permanent Magnet Synchronous Motors (PMSM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Automotive Traction Motor Market, Sub-Segmentation Of Switched Reluctance Motors (SRM), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Automotive Traction Motor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Automotive Traction Motor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: Robert Bosch GmbH Financial Performance
  • Figure 80: Hitachi Ltd. Financial Performance
  • Figure 81: Siemens AG Financial Performance
  • Figure 82: General Electric Co. Financial Performance
  • Figure 83: ZF Friedrichshafen AG Financial Performance
View Report
View Report
View Report
View Report
View Report
View Report
View Report
View Report

Frequently Asked Questions

What is the definition of the Automotive Traction Motor market?

An automotive traction motor is an electric motor specifically designed to provide propulsion power to vehicles, particularly electric and hybrid electric vehicles (EVs and HEVs). These motors convert electrical energy from the vehicle's battery or generator into mechanical energy to drive the wheels or propel the vehicle. Automotive traction motors are essential in modern automotive electrification efforts, offering advantages such as high efficiency, low emissions, and flexible torque characteristics. For further insights on the Automotive Traction Motor market, request a sample here

How will the Automotive Traction Motor market drivers and restraints affect the market dynamics? What forces will shape the Automotive Traction Motor industry going forward?

The Automotive Traction Motor market major growth driver - Rising Electric Vehicle Demand Drives Growth In The Automotive Traction Motor Market. For further insights on the Automotive Traction Motor market, request a sample here

What is the forecast market size or the forecast market value of the Automotive Traction Motor market?

The Automotive Traction Motor market size has grown strongly in recent years. The automotive traction motor market size has grown rapidly in recent years. It will grow from $7.45 billion in 2024 to $8.91 billion in 2025 at a compound annual growth rate (CAGR) of 19.7%. The growth in the historic period can be attributed to government regulations and incentives, increasing demand for fuel-efficient alternatives, growth in environmental awareness and preference for sustainable transportation, enhanced accessibility, and convenience of EV charging stations, and significant research and development and production investments by automotive manufacturers. The automotive traction motor market size is expected to see rapid growth in the next few years. It will grow to $18.04 billion in 2029 at a compound annual growth rate (CAGR) of 19.3%. The growth in the forecast period can be attributed to further tightening of global emission regulations, decreasing costs of batteries and other key electric vehicle components, continued improvements in battery capacity and efficiency, integration of advanced driver-assistance systems (ADAS) in electric vehicles, increased adoption of EVs in urban mobility solutions, growth in EV adoption in emerging markets. Major trends in the forecast period include development of more efficient and compact traction motors, improved battery performance and cost reduction, traction motors optimized for autonomous vehicle requirements, emphasis on eco-friendly production and recycling of motor components, development of faster and more efficient charging technologies. For further insights on the Automotive Traction Motor market, request a sample here

How is the Automotive Traction Motor market segmented?

The automotive traction motor market covered in this report is segmented –
1) By Motor Type: Alternating Current (AC) Induction Motors, Brushless Direct Current Motor, Permanent Magnet Synchronous Motor, Switched Reluctance Motor
2) By Power Output: Less Than 200 Kw, 200-400 kW, Above 400 kW
3) By Vehicle Type: Passenger Cars, Trucks, Buses, Pickup Trucks, Vans
4) By Electric Vehicle (EV) Type: Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle
Subsegments:
1) By Alternating Current (AC) Induction Motors: Squirrel Cage Induction Motors, Wound Rotor Induction Motors, High Efficiency Ac Induction Motors, High-Torque Ac Induction Motors For Evs, Low-Speed Ac Induction Motors For City Vehicles, Ac Induction Motors With Regenerative Braking Capabilities
2) By Brushless Direct Current (BLDC) Motors: Inner Rotor Bldc Motors, Outer Rotor Bldc Motors, High-Power Bldc Motors For Performance Evs, Low-Cost And Compact Bldc Motors For Urban Mobility, Bldc Motors With Integrated Controllers For Efficiency, Water-Cooled Bldc Motors For Heavy-Duty Applications
3) By Permanent Magnet Synchronous Motors (PMSM): Surface-Mounted Pmsm, Interior Permanent Magnet (IPM) Motors, High-Speed Pmsm For Sports And Performance Vehicles, Pmsm With Integrated Power Electronics, High-Torque Density Pmsm For Commercial Evs, Pmsm For Hybrid Electric Vehicles (HEVS)
4) By Switched Reluctance Motors (SRM): Radial Switched Reluctance Motors, Axial Switched Reluctance Motors, High-Torque Srms For Heavy-Duty Evs, Low-Cost And Simple Srms For Budget Ev Models, High-Speed Switched Reluctance Motors For High-Performance Evs, Srm With Advanced Control Systems For Efficiency For further insights on the Automotive Traction Motor market,
request a sample here

Which region has the largest share of the Automotive Traction Motor market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the automotive traction motor market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the automotive traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Automotive Traction Motor market, request a sample here.

Who are the major players in the Automotive Traction Motor market?

Major companies operating in the automotive traction motor market are focused on developing innovative products, such as magnet-free electric motors, to improve performance and extend vehicle range. A magnet-free electric motor is a type of electric motor that operates without using permanent magnets, typically relying on alternative technologies like reluctance or induction for generating motion. For instance, in September 2023, ZF Friedrichshafen AG, a Germany-based automotive technology company, launched magnet-free electric motor I2SM (In-Rotor Inductive-Excited Synchronous Motor). The magnetic field inside the rotor is instead created by inductive excitation in this design, which achieves high torque and power density without the size and frictional limitations of traditional brush or slip-ring systems. In contrast to conventional SESM designs, the I2SM's inductive transmitter, which is small and effective, is housed inside the rotor shaft, requiring up to 90 mm less axial space. This innovative motor not only enhances efficiency by reducing energy transmission losses by 15% but also significantly lowers the CO2 footprint during production by up to 50% compared to traditional permanent-magnet synchronous motors.. For further insights on the Automotive Traction Motor market, request a sample here.

What are the key trends in the Automotive Traction Motor market?

Major trends in the Automotive Traction Motor market include Innovative Design Features And Performance Improvements. For further insights on the Automotive Traction Motor market, request a sample here.

What are the major opportunities in the Automotive Traction Motor market? What are the strategies for the Automotive Traction Motor market?

For detailed insights on the major opportunities and strategies in the Automotive Traction Motor market, request a sample here.

How does the Automotive Traction Motor market relate to the overall economy and other similar markets?

For detailed insights on Automotive Traction Motor's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Automotive Traction Motor industry?

For detailed insights on the mergers and acquisitions in the Automotive Traction Motor industry, request a sample here.

What are the key dynamics influencing the Automotive Traction Motor market growth? SWOT analysis of the Automotive Traction Motor market.

For detailed insights on the key dynamics influencing the Automotive Traction Motor market growth and SWOT analysis of the Automotive Traction Motor industry, request a sample here.