Automotive Traction Motor Global Market Report 2024

Global Automotive Traction Motor Market Report 2024

Automotive Traction Motor Global Market Report 2024 – 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 2024-2033

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Automotive Traction Motor Global Market Report 2024

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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

Global Automotive Traction Motor Market Size 2023 to 2028: Graph

Automotive Traction Motor Market Size 2024 And Growth Rate

The automotive traction motor market size has grown rapidly in recent years. It will grow from $6.25 billion in 2023 to $7.45 billion in 2024 at a compound annual growth rate (CAGR) of 19.1%. 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 $15.13 billion in 2028 at a compound annual growth rate (CAGR) of 19.4%. 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.

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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 Aktiengesellschaft, 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: Advancements In High-Efficiency Electric Motor Technologies In The Automotive Traction Market

Major companies operating in the automotive traction motor market are focused on developing innovative devices, such as compact and lightweight electric motors, to enhance efficiency and range in electric vehicles. Compact and lightweight electric motors are designed with reduced size and weight to optimize space and efficiency in various applications, particularly electric vehicles. For instance, in October 2021, Nidec Corporation, a Japan-based electric motor manufacturer, launched its third e-axle traction motor system, a 200 kW Ni200Ex model. The compact unit adopts a light, thin, short, and small motor structure based on Nidec's magnetic circuit design and motor oil-cooling expertise developed through its small precision motor business. It features an optimized design with second-generation inverters and other components, which helps improve the Zeekr 001's power, efficiency, and noise and vibration performance while reducing the vehicle's weight.

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 Insights For The Global Automotive Traction Motor Market

Asia-Pacific was the largest region in the automotive traction motor market in 2023. 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.

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.

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.

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 And Analysis

Report Attribute	Details
Market Size Value In 2024	$7.45 billion
Revenue Forecast In 2033	$15.13 billion
Growth Rate	CAGR of 19.4% from 2024 to 2033
Base Year For Estimation	2023
Actual Estimates/Historical Data	2018-2023
Forecast Period	2024 - 2028 - 2033
Market Representation	Revenue in USD Billion and CAGR from 2024 to 2033
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
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 for an additional fee: 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.
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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

4.1. Impact Of High Inflation On The Market

4.2. Ukraine-Russia War Impact On The Market

4.3. COVID-19 Impact On The Market

5. Global Automotive Traction Motor Market Size and Growth

5.1. Global Automotive Traction Motor Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

5.2. Global Automotive Traction Motor Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

5.3. Global Automotive Traction Motor Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Automotive Traction Motor Market Segmentation

6.1. Global Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

Passenger Cars

Trucks

Buses

Pickup Trucks

Vans

6.4. Global Automotive Traction Motor Market, Segmentation By Electric Vehicle (EV) Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Battery Electric Vehicle

Fuel Cell Electric Vehicle

Hybrid Electric Vehicle

Plug-In Hybrid Electric Vehicle

7. Automotive Traction Motor Market Regional And Country Analysis

7.1. Global Automotive Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

7.2. Global Automotive Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Automotive Traction Motor Market

8.1. Asia-Pacific Automotive Traction Motor Market Overview

Region Information, Impact Of COVID-19, 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, 2018-2023, 2023-2028F, 2033F, $ Billion

8.3. Asia-Pacific Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8.4. Asia-Pacific Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F,$ Billion

9.3. China Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

9.4. China Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Automotive Traction Motor Market

10.1. India Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.2. India Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

10.3. India Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

11.3. Japan Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11.4. Japan Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Automotive Traction Motor Market

12.1. Australia Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.2. Australia Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12.3. Australia Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Automotive Traction Motor Market

13.1. Indonesia Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.2. Indonesia Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13.3. Indonesia Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

14.3. South Korea Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14.4. South Korea Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

15.3. Western Europe Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15.4. Western Europe Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Automotive Traction Motor Market

16.1. UK Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.2. UK Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16.3. UK Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Automotive Traction Motor Market

17.1. Germany Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.2. Germany Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17.3. Germany Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Automotive Traction Motor Market

18.1. France Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.2. France Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18.3. France Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Automotive Traction Motor Market

19.1. Italy Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.2. Italy Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19.3. Italy Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Automotive Traction Motor Market

20.1. Spain Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.2. Spain Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20.3. Spain Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

21.3. Eastern Europe Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21.4. Eastern Europe Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Automotive Traction Motor Market

22.1. Russia Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.2. Russia Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22.3. Russia Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

23.3. North America Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23.4. North America Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

24.3. USA Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24.4. USA Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

25.3. Canada Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25.4. Canada Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

26.3. South America Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26.4. South America Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Automotive Traction Motor Market

27.1. Brazil Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.2. Brazil Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27.3. Brazil Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

28.3. Middle East Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28.4. Middle East Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ 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

30.2.1.1. Overview

30.2.1.2. Products and Services

30.2.1.3. Strategy

30.2.1.4. Financial Performance

30.2.2. Hitachi Ltd.

30.2.2.1. Overview

30.2.2.2. Products and Services

30.2.2.3. Strategy

30.2.2.4. Financial Performance

30.2.3. Siemens AG

30.2.3.1. Overview

30.2.3.2. Products and Services

30.2.3.3. Strategy

30.2.3.4. Financial Performance

30.2.4. General Electric Co.

30.2.4.1. Overview

30.2.4.2. Products and Services

30.2.4.3. Strategy

30.2.4.4. Financial Performance

30.2.5. ZF Friedrichshafen AG

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

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

33. Global Automotive Traction Motor Market Competitive Dashboard

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

35. Automotive Traction Motor Market Future Outlook and Potential Analysis

35.1 Automotive Traction Motor Market In 2028 - Countries Offering Most New Opportunities

35.2 Automotive Traction Motor Market In 2028 - Segments Offering Most New Opportunities

35.3 Automotive Traction Motor Market In 2028 - 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, 2018-2023, $ Billion

Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Table 3: Global Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 5: Global Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 6: Global Automotive Traction Motor Market, Segmentation By Electric Vehicle (EV) Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Automotive Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Automotive Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 11: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 12: China, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 14: China, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 15: India, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 17: India, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 18: Japan, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 20: Japan, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 21: Australia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 23: Australia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 24: Indonesia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 26: Indonesia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 27: South Korea, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 29: South Korea, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 30: Western Europe, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 32: Western Europe, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 33: UK, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 35: UK, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 36: Germany, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 38: Germany, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 39: France, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 41: France, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 42: Italy, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 44: Italy, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 45: Spain, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 47: Spain, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 48: Eastern Europe, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 50: Eastern Europe, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 51: Russia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 53: Russia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 54: North America, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 56: North America, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 57: USA, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 59: USA, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 60: Canada, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 62: Canada, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 63: South America, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 65: South America, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 66: Brazil, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 68: Brazil, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 69: Middle East, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 71: Middle East, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 72: Africa, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 74: Africa, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 75: Robert Bosch GmbH Financial Performance

Table 76: Hitachi Ltd. Financial Performance

Table 77: Siemens AG Financial Performance

Table 78: General Electric Co. Financial Performance

Table 79: ZF Friedrichshafen AG Financial Performance

List Of Figures

Figure 1: Global Historic Market Growth, 2018-2023, $ Billion

Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion

Figure 3: Global Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 5: Global Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 6: Global Automotive Traction Motor Market, Segmentation By Electric Vehicle (EV) Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Automotive Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Automotive Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 11: Asia-Pacific, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 12: China, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 14: China, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 15: India, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 17: India, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 18: Japan, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 20: Japan, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 21: Australia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 23: Australia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 24: Indonesia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 26: Indonesia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 27: South Korea, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 29: South Korea, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 30: Western Europe, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 32: Western Europe, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 33: UK, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 35: UK, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 36: Germany, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 38: Germany, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 39: France, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 41: France, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 42: Italy, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 44: Italy, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 45: Spain, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 47: Spain, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 48: Eastern Europe, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 50: Eastern Europe, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 51: Russia, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 53: Russia, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 54: North America, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 56: North America, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 57: USA, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 59: USA, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 60: Canada, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 62: Canada, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 63: South America, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 65: South America, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 66: Brazil, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 68: Brazil, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 69: Middle East, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 71: Middle East, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 72: Africa, Automotive Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Automotive Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 74: Africa, Automotive Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 75: Robert Bosch GmbH Financial Performance

Figure 76: Hitachi Ltd. Financial Performance

Figure 77: Siemens AG Financial Performance

Figure 78: General Electric Co. Financial Performance

Figure 79: ZF Friedrichshafen AG Financial Performance

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Frequently Asked Questions

What is the definition of the automotive traction motor market?

How will the automotive traction motor market drivers and restraints affect the automotive traction motor 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 rapidly in recent years. It will grow from $6.25 billion in 2023 to $7.45 billion in 2024 at a compound annual growth rate (CAGR) of 19.1%. 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 $15.13 billion in 2028 at a compound annual growth rate (CAGR) of 19.4%. 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 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 VehicleFor 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 2023. 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?

What are the key trends in the automotive traction motor market?

Major trend in the automotive traction motor market - Advancements In High-Efficiency Electric Motor Technologies In The Automotive Traction Market. 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 market'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.