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Automotive Traction Motor Global Market Report 2025
Global Automotive Traction Motor Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

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Automotive Traction Motor Global Market Report 2025

By Motor Type (Alternating Current (AC) Induction Motors, Brushless Direct Current Motor, Permanent Magnet Synchronous Motor, Switched Reluctance Motor), By Power Output (Less Than 200 Kw, 200-400 kW, Above 400 kW), By Vehicle Type (Passenger Cars, Trucks, Buses, Pickup Trucks, Vans), By Electric Vehicle (EV) Type (Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Automotive Traction Motor Market Overview

• Automotive Traction Motor Global Market Report 2025 market size has reached to $7.45 billion in 2024

• Expected to grow to $17.02 billion in 2029 at a compound annual growth rate (CAGR) of 17.9%

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

• Market Trend: Innovative Design Features And Performance Improvements

Asia-Pacific was the largest region and fastest growing region.

What Is Covered Under Automotive Traction Motor Market?

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

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 Size and growth rate 2025 to 2029: Graph

What Is The Automotive Traction Motor Market Size 2025 And Growth Rate?

The automotive traction motor market size has grown rapidly in recent years. It will grow from $7.45 billion in 2024 to $8.81 billion in 2025 at a compound annual growth rate (CAGR) of 18.3%. 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.

What Is The 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 $17.02 billion in 2029 at a compound annual growth rate (CAGR) of 17.9%. 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.

The forecast of 17.9% growth over the next five years reflects a modest reduction of 1.4% from the previous estimate for this market.This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through tariffs on high-performance magnets, rotor-stator assemblies, and copper windings imported from China and Japan, raising costs in EV drivetrain systems and slowing EV adoption.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Transport Industry?

The rapid escalation of U.S. tariffs and the resulting trade tensions in spring 2025 are significantly impacting the transport sector, particularly in fleet maintenance and logistics operations. Higher duties on imported commercial vehicles, tires, and engine components have increased operational costs for trucking and freight companies, forcing them to raise shipping rates or reduce margins. Airlines and maritime shippers face similar pressures, with tariffs on aircraft parts and shipbuilding materials driving up capital expenditures. Additionally, retaliatory tariffs in key export markets have reduced demand for U.S.-made transportation equipment, further straining revenue streams. The sector must now prioritize fuel efficiency, alternative sourcing, and automation to offset rising expenses while maintaining service reliability.

How Is The Automotive Traction Motor Market Segmented?

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

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

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

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

Subsegments:

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

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

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

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

What Is Driving The Automotive Traction Motor Market? 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 industry.

Who Are The Major Players In The Global Automotive Traction Motor Market?

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

What Are The Key Trends Of The Global Automotive Traction Motor Market? Innovative Design Features And Performance Improvements

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

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What Are Latest Mergers And Acquisitions In The Automotive Traction Motor Market? 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.

What Is The Regional Outlook For The Global Automotive Traction Motor Market?

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

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

What Defines the Automotive Traction Motor Market?

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

How is Market Value Defined and Measured?

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

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

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

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

Automotive Traction Motor Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $8.81 billion
Revenue Forecast In 2034 $17.02 billion
Growth Rate CAGR of 17.9% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 1) By Motor Type: Alternating Current (AC) Induction Motors, Brushless Direct Current Motor, Permanent Magnet Synchronous Motor, Switched Reluctance Motor
2) By Power Output: Less Than 200 Kw, 200-400 kW, Above 400 kW
3) By Vehicle Type: Passenger Cars, Trucks, Buses, Pickup Trucks, Vans
4) By Electric Vehicle (EV) Type: Battery Electric Vehicle, Fuel Cell Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle Subsegments: 1) By Alternating Current (AC) Induction Motors: Squirrel Cage Induction Motors, Wound Rotor Induction Motors, High Efficiency Ac Induction Motors, High-Torque Ac Induction Motors For Evs, Low-Speed Ac Induction Motors For City Vehicles, Ac Induction Motors With Regenerative Braking Capabilities
2) By Brushless Direct Current (BLDC) Motors: Inner Rotor Bldc Motors, Outer Rotor Bldc Motors, High-Power Bldc Motors For Performance Evs, Low-Cost And Compact Bldc Motors For Urban Mobility, Bldc Motors With Integrated Controllers For Efficiency, Water-Cooled Bldc Motors For Heavy-Duty Applications
3) By Permanent Magnet Synchronous Motors (PMSM): Surface-Mounted Pmsm, Interior Permanent Magnet (IPM) Motors, High-Speed Pmsm For Sports And Performance Vehicles, Pmsm With Integrated Power Electronics, High-Torque Density Pmsm For Commercial Evs, Pmsm For Hybrid Electric Vehicles (HEVS)
4) By Switched Reluctance Motors (SRM): Radial Switched Reluctance Motors, Axial Switched Reluctance Motors, High-Torque Srms For Heavy-Duty Evs, Low-Cost And Simple Srms For Budget Ev Models, High-Speed Switched Reluctance Motors For High-Performance Evs, Srm With Advanced Control Systems For Efficiency
Regional Scope Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Robert Bosch GmbH, Hitachi Ltd., Siemens AG, General Electric Co., ZF Friedrichshafen AG, Continental AG, Magna International Inc., Mitsubishi Electric Corporation, ABB Ltd, Toshiba Corporation, Alstom S.A., Schaeffler Technologies AG & Co. KG, Nidec Corporation, Mahle Group, BorgWarner Inc., Dana Incorporated, Regal Beloit Corporation, Shenzhen Inovance Technology Co. Ltd, Curtiss-Wright Controls Inc., Mitsuba Corporation, CG Power and Industrial Solutions Ltd., American Traction Systems, Jing-Jin Electric Technologies Co Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

Table Of Contents

1. Executive Summary

2. Automotive Traction Motor Market Characteristics

3. Automotive Traction Motor Market Trends And Strategies

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

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

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

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

5.2. Analysis Of End Use Industries

5.3. Global Automotive Traction Motor Market Growth Rate Analysis

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

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

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

6. Automotive Traction Motor Market Segmentation

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

Alternating Current (AC) Induction Motors

Brushless Direct Current Motor

Permanent Magnet Synchronous Motor

Switched Reluctance Motor

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

Less Than 200 Kw

200-400 kW

Above 400 kW

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

Passenger Cars

Trucks

Buses

Pickup Trucks

Vans

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

Battery Electric Vehicle

Fuel Cell Electric Vehicle

Hybrid Electric Vehicle

Plug-In Hybrid Electric Vehicle

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

Squirrel Cage Induction Motors

Wound Rotor Induction Motors

High Efficiency Ac Induction Motors

High-Torque Ac Induction Motors For Evs

Low-Speed Ac Induction Motors For City Vehicles

Ac Induction Motors With Regenerative Braking Capabilities

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

Inner Rotor Bldc Motors

Outer Rotor Bldc Motors

High-Power Bldc Motors For Performance Evs

Low-Cost And Compact Bldc Motors For Urban Mobility

Bldc Motors With Integrated Controllers For Efficiency

Water-Cooled Bldc Motors For Heavy-Duty Applications

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

Surface-Mounted Pmsm

Interior Permanent Magnet (IPM) Motors

High-Speed Pmsm For Sports And Performance Vehicles

Pmsm With Integrated Power Electronics

High-Torque Density Pmsm For Commercial Evs

Pmsm For Hybrid Electric Vehicles (HEVS)

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

Radial Switched Reluctance Motors

Axial Switched Reluctance Motors

High-Torque Srms For Heavy-Duty Evs

Low-Cost And Simple Srms For Budget Ev Models

High-Speed Switched Reluctance Motors For High-Performance Evs

Srm With Advanced Control Systems For Efficiency

7. Automotive Traction Motor Market Regional And Country Analysis

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

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

8. Asia-Pacific Automotive Traction Motor Market

8.1. Asia-Pacific Automotive Traction Motor Market Overview

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

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

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

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

9. China Automotive Traction Motor Market

9.1. China Automotive Traction Motor Market Overview

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

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

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

10. India Automotive Traction Motor Market

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

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

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

11. Japan Automotive Traction Motor Market

11.1. Japan Automotive Traction Motor Market Overview

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

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

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

12. Australia Automotive Traction Motor Market

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

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

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

13. Indonesia Automotive Traction Motor Market

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

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

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

14. South Korea Automotive Traction Motor Market

14.1. South Korea Automotive Traction Motor Market Overview

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

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

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

15. Western Europe Automotive Traction Motor Market

15.1. Western Europe Automotive Traction Motor Market Overview

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

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

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

16. UK Automotive Traction Motor Market

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

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

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

17. Germany Automotive Traction Motor Market

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

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

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

18. France Automotive Traction Motor Market

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

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

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

19. Italy Automotive Traction Motor Market

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

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

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

20. Spain Automotive Traction Motor Market

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

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

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

21. Eastern Europe Automotive Traction Motor Market

21.1. Eastern Europe Automotive Traction Motor Market Overview

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

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

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

22. Russia Automotive Traction Motor Market

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

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

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

23. North America Automotive Traction Motor Market

23.1. North America Automotive Traction Motor Market Overview

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

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

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

24. USA Automotive Traction Motor Market

24.1. USA Automotive Traction Motor Market Overview

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

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

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

25. Canada Automotive Traction Motor Market

25.1. Canada Automotive Traction Motor Market Overview

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

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

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

26. South America Automotive Traction Motor Market

26.1. South America Automotive Traction Motor Market Overview

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

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

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

27. Brazil Automotive Traction Motor Market

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

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

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

28. Middle East Automotive Traction Motor Market

28.1. Middle East Automotive Traction Motor Market Overview

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

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

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

29. Africa Automotive Traction Motor Market

29.1. Africa Automotive Traction Motor Market Overview

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

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

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

30. Automotive Traction Motor Market Competitive Landscape And Company Profiles

30.1. Automotive Traction Motor Market Competitive Landscape

30.2. Automotive Traction Motor Market Company Profiles

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

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

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

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

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

31. Automotive Traction Motor Market Other Major And Innovative Companies

31.1. Continental AG

31.2. Magna International Inc.

31.3. Mitsubishi Electric Corporation

31.4. ABB Ltd

31.5. Toshiba Corporation

31.6. Alstom S.A.

31.7. Schaeffler Technologies AG & Co. KG

31.8. Nidec Corporation

31.9. Mahle Group

31.10. BorgWarner Inc.

31.11. Dana Incorporated

31.12. Regal Beloit Corporation

31.13. Shenzhen Inovance Technology Co. Ltd

31.14. Curtiss-Wright Controls Inc.

31.15. Mitsuba Corporation

32. Global Automotive Traction Motor Market Competitive Benchmarking And Dashboard

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

34. Recent Developments In The Automotive Traction Motor Market

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

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

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

35.3 Automotive Traction Motor Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

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

List Of Figures

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

Frequently Asked Questions

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

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

The automotive traction motor market size has grown rapidly in recent years. It will grow from $7.45 billion in 2024 to $8.81 billion in 2025 at a compound annual growth rate (CAGR) of 18.3%. 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 $17.02 billion in 2029 at a compound annual growth rate (CAGR) of 17.9%. 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 this market, request a sample here

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

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

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

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

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