Electric Commercial Vehicle Traction Motor Global Market Report 2024

Global Electric Commercial Vehicle Traction Motor Market Report 2024

Electric Commercial Vehicle Traction Motor Global Market Report 2024 – By Vehicle Type (Buses, Trucks, Vans), By Design (Axial Flux, Radial Flux), By Transmission (Single Speed Drive, Multi-Speed Drive), By Power Output (Less Than 100 kW, 100-200 kW, 200-400 kW, Above 400 kW), By Motor Type (Permanent Magnet Synchronous Motor (PMSM), Alternating Current (AC) Induction Motor, Direct Current (DC) Traction Motor) – Market Size, Trends, And Global Forecast 2024-2033

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Electric Commercial Vehicle Traction Motor Global Market Report 2024

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Electric Commercial Vehicle Traction Motor Global Market Report 2024

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Electric Commercial Vehicle Traction Motor Market Definition

An electric commercial vehicle traction motor is a specialized electric motor designed to propel commercial vehicles such as trucks and buses. It converts electrical energy into mechanical energy to drive the vehicle's wheels. These motors are optimized for high torque and efficiency to handle the demands of heavy-duty transportation.

The main vehicle types of the electric commercial vehicle traction motor are buses, trucks, and vans. Buses refer to electric commercial vehicles designed for transporting passengers, typically over longer distances or within urban areas. The design includes axial flux and radial flux, and the transmissions are single-speed drive and multi-speed drive. The power output is less than 100 kW, 100–200 kW, 200–400 kW, or above 400 kW, and the motor type is a permanent magnet synchronous motor (PMSM), an alternating current (AC) induction motor, and a direct current (DC) traction motor.

Electric Commercial Vehicle Traction Motor Market Segmentation

The electric commercial vehicle traction motor market covered in this report is segmented –

1) By Vehicle Type: Buses, Trucks, Vans

2) By Design: Axial Flux, Radial Flux

3) By Transmission: Single Speed Drive, Multi-Speed Drive

4) By Power Output: Less Than 100 kW, 100-200 kW, 200-400 kW, Above 400 kW

5) By Motor Type: Permanent Magnet Synchronous Motor (PMSM), Alternating Current (AC) Induction Motor, Direct Current (DC) Traction Motor

Global Electric Commercial Vehicle Traction Motor Market Size 2023 to 2028: Graph

Electric Commercial Vehicle Traction Motor Market Size 2024 And Growth Rate

The electric commercial vehicle traction motor market size has grown exponentially in recent years. It will grow from $1.27 billion in 2023 to $1.54 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to government incentives for electrification, increasing awareness of environmental impact, improvements in charging infrastructure, and growing demand for sustainable transport solutions.

Electric Commercial Vehicle Traction Motor Market Growth Forecast

The electric commercial vehicle traction motor market size is expected to see exponential growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to the expansion of electric vehicle (EV) fleets by commercial logistics companies, the adoption of autonomous driving technology in commercial vehicles, and the emergence of new business models like battery swapping for commercial EVs. Major trends in the forecast period include integration with power electronics, development of advanced cooling techniques, implementation of robust design and testing standards, and integration with advanced vehicle systems.

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Electric Commercial Vehicle Traction Motor Market Driver: Electric Heavy Commercial Vehicles Fuel Growth In Traction Motor Market

Rising demand for electric heavy commercial vehicles is expected to propel the growth of the electric commercial vehicle traction motor market going forward. Electric heavy commercial vehicles are large vehicles designed for commercial use, such as trucks and buses, that are powered by electric motors instead of traditional internal combustion engines. The rise of electric heavy commercial vehicles is driven by their environmental benefits, cost efficiency, and supportive government policies. Traction motors in electric heavy commercial vehicles supply the power and torque needed for efficient and reliable operation. For instance, in July 2023, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, in 2022, 54,000 new electric buses and an estimated 52,000 electric medium- and heavy-duty trucks were sold in China, compared to 50,000 and 37,000, respectively, in 2021. Therefore, rising demand for electric heavy commercial vehicles is driving the growth of the electric commercial vehicle traction motor market.

Global Electric Commercial Vehicle Traction Motor Market Major Players

Major companies operating in the electric commercial vehicle traction motor market are Robert Bosch GmbH, Hitachi Ltd., Siemens AG, Posco International, BYD CO.LTD, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Aisin Corporation, ASEA Brown Boveri ABB, Toshiba Group, Valeo SA, Nidec Corporation, Parker Hannifin Corporation, BorgWarner Inc., Dana Limited, American Axle & Manufacturing, Allison Transmission Inc., TECO Electric And Machinery Co., Zhongshan Broad-Ocean Motor Co. Ltd., Remy Group, MAHLE GmbH, Kollmorgen, Equipmake

Global Electric Commercial Vehicle Traction Motor Market Trend: Advancements In Electric Commercial Vehicle Traction Motors

Major companies operating in the electric commercial vehicle traction motor market are developing innovative solutions, such as compact and lightweight traction motors, to gain a competitive edge in the market. Compact and lightweight traction motors are electric motors designed to be small in size and low in weight relative to their power output. For instance, in July 2022, Mahle GmbH, a Germany-based automotive parts manufacturer, launched the SCT E-motor. This traction motor is designed for electric passenger vehicles, commercial vehicles, construction equipment, and tractors. The SCT E-motor combines a permanently excited motor design with neodymium magnets in a compact unit. It features integrated oil cooling, enhancing its robustness and allowing waste heat to be utilized within the vehicle's overall system. The SCT E-motor is unique in the market due to its exceptionally high ratio of continuous output to peak output, exceeding 90%. This impressive performance is achieved through an innovative integrated oil cooling system, which enhances the motor's robustness and enables the use of waste heat within the vehicle's entire system.

Electric Commercial Vehicle Traction Motor Market Merger And Acquisition: Mercedes-Benz Boosts Electric Vehicle Strategy With YASA Acquisition

In July 2021, Mercedes-Benz, a Germany-based automobile manufacturer, acquired YASA Limited for an undisclosed amount. The aim of the acquisition of YASA by Mercedes-Benz was to leverage YASA's next-generation electric drive technology to enhance the performance and efficiency of Mercedes-Benz's electric vehicles. YASA Limited is a UK-based manufacturer of electric commercial vehicle traction motors.

Regional Insights For The Global Electric Commercial Vehicle Traction Motor Market

Asia-Pacific was the largest region in the electric commercial vehicle traction motor market in 2023. The regions covered in the electric commercial vehicle traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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

The electric commercial vehicle traction motor market consists of sales of power electronics, control systems, drivetrain integration solutions, and traction 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 electric commercial vehicle traction motor market research report is one of a series of new reports from The Business Research Company that provides electric commercial vehicle traction motor market statistics, including electric commercial vehicle traction motor industry global market size, regional shares, competitors with a electric commercial vehicle traction motor market share, detailed electric commercial vehicle traction motor market segments, market trends and opportunities, and any further data you may need to thrive in the electric commercial vehicle traction motor industry. This electric commercial vehicle traction motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Electric Commercial Vehicle Traction Motor Market Report Forecast And Analysis

Report Attribute	Details
Market Size Value In 2024	$1.54 billion
Revenue Forecast In 2033	$3.42 billion
Growth Rate	CAGR of 22.0% 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 Vehicle Type: Buses; Trucks; Vans 2) By Design: Axial Flux; Radial Flux 3) By Transmission: Single Speed Drive; Multi-Speed Drive 4) By Power Output: Less Than 100 kW; 100-200 kW; 200-400 kW; Above 400 kW 5) By Motor Type: Permanent Magnet Synchronous Motor (PMSM); Alternating Current (AC) Induction Motor; Direct Current (DC) Traction Motor
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, Posco International, BYD CO.LTD, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Aisin Corporation, ASEA Brown Boveri ABB, Toshiba Group, Valeo SA, Nidec Corporation, Parker Hannifin Corporation, BorgWarner Inc., Dana Limited, American Axle & Manufacturing, Allison Transmission Inc., TECO Electric And Machinery Co., Zhongshan Broad-Ocean Motor Co. Ltd., Remy Group, MAHLE GmbH, Kollmorgen, Equipmake
Customization Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

2. Electric Commercial Vehicle Traction Motor Market Characteristics

3. Electric Commercial Vehicle Traction Motor Market Trends And Strategies

4. Electric Commercial Vehicle 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 Electric Commercial Vehicle Traction Motor Market Size and Growth

5.1. Global Electric Commercial Vehicle Traction Motor Market Drivers and Restraints

5.1.1. Drivers Of The Market

5.1.2. Restraints Of The Market

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

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

6. Electric Commercial Vehicle Traction Motor Market Segmentation

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

Buses

Trucks

Vans

6.2. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Axial Flux

Radial Flux

6.3. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Single Speed Drive

Multi-Speed Drive

6.4. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Less Than 100 kW

100-200 kW

200-400 kW

Above 400 kW

6.5. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Permanent Magnet Synchronous Motor (PMSM)

Alternating Current (AC) Induction Motor

Direct Current (DC) Traction Motor

7. Electric Commercial Vehicle Traction Motor Market Regional And Country Analysis

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

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

8. Asia-Pacific Electric Commercial Vehicle Traction Motor Market

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

8.3. Asia-Pacific Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

9. China Electric Commercial Vehicle Traction Motor Market

9.1. China Electric Commercial Vehicle Traction Motor Market Overview

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

9.3. China Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

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

10. India Electric Commercial Vehicle Traction Motor Market

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

10.2. India Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

11. Japan Electric Commercial Vehicle Traction Motor Market

11.1. Japan Electric Commercial Vehicle Traction Motor Market Overview

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

11.3. Japan Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

12. Australia Electric Commercial Vehicle Traction Motor Market

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

12.2. Australia Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

13. Indonesia Electric Commercial Vehicle Traction Motor Market

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

13.2. Indonesia Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

14. South Korea Electric Commercial Vehicle Traction Motor Market

14.1. South Korea Electric Commercial Vehicle Traction Motor Market Overview

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

14.3. South Korea Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

15. Western Europe Electric Commercial Vehicle Traction Motor Market

15.1. Western Europe Electric Commercial Vehicle Traction Motor Market Overview

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

15.3. Western Europe Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

16. UK Electric Commercial Vehicle Traction Motor Market

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

16.2. UK Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

17. Germany Electric Commercial Vehicle Traction Motor Market

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

17.2. Germany Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

18. France Electric Commercial Vehicle Traction Motor Market

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

18.2. France Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

19. Italy Electric Commercial Vehicle Traction Motor Market

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

19.2. Italy Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

20. Spain Electric Commercial Vehicle Traction Motor Market

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

20.2. Spain Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

21. Eastern Europe Electric Commercial Vehicle Traction Motor Market

21.1. Eastern Europe Electric Commercial Vehicle Traction Motor Market Overview

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

21.3. Eastern Europe Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

22. Russia Electric Commercial Vehicle Traction Motor Market

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

22.2. Russia Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

23. North America Electric Commercial Vehicle Traction Motor Market

23.1. North America Electric Commercial Vehicle Traction Motor Market Overview

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

23.3. North America Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

24. USA Electric Commercial Vehicle Traction Motor Market

24.1. USA Electric Commercial Vehicle Traction Motor Market Overview

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

24.3. USA Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

25. Canada Electric Commercial Vehicle Traction Motor Market

25.1. Canada Electric Commercial Vehicle Traction Motor Market Overview

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

25.3. Canada Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

26. South America Electric Commercial Vehicle Traction Motor Market

26.1. South America Electric Commercial Vehicle Traction Motor Market Overview

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

26.3. South America Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

27. Brazil Electric Commercial Vehicle Traction Motor Market

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

27.2. Brazil Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

28. Middle East Electric Commercial Vehicle Traction Motor Market

28.1. Middle East Electric Commercial Vehicle Traction Motor Market Overview

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

28.3. Middle East Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

29. Africa Electric Commercial Vehicle Traction Motor Market

29.1. Africa Electric Commercial Vehicle Traction Motor Market Overview

29.2. Africa Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.3. Africa Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29.4. Africa Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Electric Commercial Vehicle Traction Motor Market Competitive Landscape And Company Profiles

30.1. Electric Commercial Vehicle Traction Motor Market Competitive Landscape

30.2. Electric Commercial Vehicle 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. Posco International

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. BYD CO.LTD

30.2.5.1. Overview

30.2.5.2. Products and Services

30.2.5.3. Strategy

30.2.5.4. Financial Performance

31. Electric Commercial Vehicle Traction Motor Market Other Major And Innovative Companies

31.1. Denso Corporation

31.2. ZF Friedrichshafen AG

31.3. Continental AG

31.4. Magna International Inc.

31.5. Aisin Corporation

31.6. ASEA Brown Boveri ABB

31.7. Toshiba Group

31.8. Valeo SA

31.9. Nidec Corporation

31.10. Parker Hannifin Corporation

31.11. BorgWarner Inc.

31.12. Dana Limited

31.13. American Axle & Manufacturing

31.14. Allison Transmission Inc.

31.15. TECO Electric And Machinery Co.

32. Global Electric Commercial Vehicle Traction Motor Market Competitive Benchmarking

33. Global Electric Commercial Vehicle Traction Motor Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Electric Commercial Vehicle Traction Motor Market

35. Electric Commercial Vehicle Traction Motor Market Future Outlook and Potential Analysis

35.1 Electric Commercial Vehicle Traction Motor Market In 2028 - Countries Offering Most New Opportunities

35.2 Electric Commercial Vehicle Traction Motor Market In 2028 - Segments Offering Most New Opportunities

35.3 Electric Commercial Vehicle 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 Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 4: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 6: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 7: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 8: Global Electric Commercial Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 9: Global Electric Commercial Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 10: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 12: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 13: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 15: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 16: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 18: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 19: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 21: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 22: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 24: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 25: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 27: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 28: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 30: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 31: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 33: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 34: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 36: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 37: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 39: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 40: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 42: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 43: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 45: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 46: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 48: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 49: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 51: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 52: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 54: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 55: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 57: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 58: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 60: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 61: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 63: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 64: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 66: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 67: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 69: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 70: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 72: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 73: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Table 75: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Table 76: Robert Bosch GmbH Financial Performance

Table 77: Hitachi Ltd. Financial Performance

Table 78: Siemens AG Financial Performance

Table 79: Posco International Financial Performance

Table 80: BYD CO.LTD 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 Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 4: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 6: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 7: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 8: Global Electric Commercial Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 9: Global Electric Commercial Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 10: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 12: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 13: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 15: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 16: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 18: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 19: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 21: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 22: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 24: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 25: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 27: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 28: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 30: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 31: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 33: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 34: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 36: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 37: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 39: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 40: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 42: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 43: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 45: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 46: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 48: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 49: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 51: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 52: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 54: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 55: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 57: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 58: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 60: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 61: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 63: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 64: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 66: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 67: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 69: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 70: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 72: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 73: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

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

Figure 75: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

Figure 76: Robert Bosch GmbH Financial Performance

Figure 77: Hitachi Ltd. Financial Performance

Figure 78: Siemens AG Financial Performance

Figure 79: Posco International Financial Performance

Figure 80: BYD CO.LTD Financial Performance

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Frequently Asked Questions

What is the definition of the Electric Commercial Vehicle Traction Motor market?

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

The Electric Commercial Vehicle Traction Motor market major growth driver - Electric Heavy Commercial Vehicles Fuel Growth In Traction Motor Market. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here

What is the forecast market size or the forecast market value of the Electric Commercial Vehicle Traction Motor market?

The electric commercial vehicle traction motor market size has grown exponentially in recent years. It will grow from $1.27 billion in 2023 to $1.54 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to government incentives for electrification, increasing awareness of environmental impact, improvements in charging infrastructure, and growing demand for sustainable transport solutions. The electric commercial vehicle traction motor market size is expected to see exponential growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to the expansion of electric vehicle (EV) fleets by commercial logistics companies, the adoption of autonomous driving technology in commercial vehicles, and the emergence of new business models like battery swapping for commercial EVs. Major trends in the forecast period include integration with power electronics, development of advanced cooling techniques, implementation of robust design and testing standards, and integration with advanced vehicle systems. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here

How is the Electric Commercial Vehicle Traction Motor market segmented?

The Electric Commercial Vehicle Traction Motor market is segmented
1) By Vehicle Type: Buses, Trucks, Vans
2) By Design: Axial Flux, Radial Flux
3) By Transmission: Single Speed Drive, Multi-Speed Drive
4) By Power Output: Less Than 100 kW, 100-200 kW, 200-400 kW, Above 400 kW
5) By Motor Type: Permanent Magnet Synchronous Motor (PMSM), Alternating Current (AC) Induction Motor, Direct Current (DC) Traction MotorFor further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here

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

Asia-Pacific was the largest region in the electric commercial vehicle traction motor market in 2023. The regions covered in the electric commercial vehicle traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here.

Who are the major players in the Electric Commercial Vehicle Traction Motor market?

What are the key trends in the Electric Commercial Vehicle Traction Motor market?

Major trend in the Electric Commercial Vehicle Traction Motor market - Advancements In Electric Commercial Vehicle Traction Motors. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here.

What are the major opportunities in the Electric Commercial Vehicle Traction Motor market? What are the strategies for the Electric Commercial Vehicle Traction Motor market?

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

How does the Electric Commercial Vehicle Traction Motor market relate to the overall economy and other similar markets?

For detailed insights on Electric Commercial Vehicle 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 Electric Commercial Vehicle Traction Motor industry?

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

What are the key dynamics influencing the Electric Commercial Vehicle Traction Motor market growth? SWOT analysis of the Electric Commercial Vehicle Traction Motor market.

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