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Global EV Traction Motor Market Research Report 2025

Global EV Traction Motor Market Research Report 2025

Publishing Date : Mar, 2025

License Type :
 

Report Code : 1364470

No of Pages : 118

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Synopsis

A traction motor is an electric motor used for propulsion of a vehicle, such as an electric locomotive or electric roadway vehicle.

The global EV Traction Motor market was valued at US$ 8963 million in 2023 and is anticipated to reach US$ 96780 million by 2030, witnessing a CAGR of 40.0% during the forecast period 2024-2030.

The major players in global EV Traction Motor market include Tesla, BYD, Broad-Ocean, etc. The top 3 players occupy about 35% shares of the global market. North America and Japan are main markets, they occupy about 70% of the global market. Permanent Magnet Motor is the main type, with a share about 75%. BEV is the main application, which holds a share about 70%.

This report aims to provide a comprehensive presentation of the global market for EV Traction Motor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding EV Traction Motor.

Report Scope

The EV Traction Motor market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global EV Traction Motor market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the EV Traction Motor manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company (Partial List)

  • BMW
  • Tesla
  • Broad-Ocean
  • BYD
  • Nissan
  • Continental AG
  • Jing-Jin Electric Technologies
  • ZF
  • Groupe Renault
  • Toyota
  • Meidensha
  • BOSCH
  • UAES
  • LG
  • Dajun Tech
  • SIEMENS
  • Greatland Electrics
  • Hitachi Automotive Systems
  • Magna

Segment by Type

  • AC Induction Motor
  • Permanent Magnet Motor

Segment by Application

  • BEV
  • PHEV

Production by Region

  • North America
  • Europe
  • China
  • Japan
  • South Korea

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of EV Traction Motor manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of EV Traction Motor by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of EV Traction Motor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.

Index

1 EV Traction Motor Market Overview
1.1 Product Definition
1.2 EV Traction Motor Segment by Type
1.2.1 Global EV Traction Motor Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 AC Induction Motor
1.2.3 Permanent Magnet Motor
1.3 EV Traction Motor Segment by Application
1.3.1 Global EV Traction Motor Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 BEV
1.3.3 PHEV
1.4 Global Market Growth Prospects
1.4.1 Global EV Traction Motor Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global EV Traction Motor Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global EV Traction Motor Production Estimates and Forecasts (2019-2030)
1.4.4 Global EV Traction Motor Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global EV Traction Motor Production Market Share by Manufacturers (2019-2024)
2.2 Global EV Traction Motor Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of EV Traction Motor, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global EV Traction Motor Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global EV Traction Motor Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of EV Traction Motor, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of EV Traction Motor, Product Offered and Application
2.8 Global Key Manufacturers of EV Traction Motor, Date of Enter into This Industry
2.9 EV Traction Motor Market Competitive Situation and Trends
2.9.1 EV Traction Motor Market Concentration Rate
2.9.2 Global 5 and 10 Largest EV Traction Motor Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 EV Traction Motor Production by Region
3.1 Global EV Traction Motor Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global EV Traction Motor Production Value by Region (2019-2030)
3.2.1 Global EV Traction Motor Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of EV Traction Motor by Region (2025-2030)
3.3 Global EV Traction Motor Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global EV Traction Motor Production by Region (2019-2030)
3.4.1 Global EV Traction Motor Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of EV Traction Motor by Region (2025-2030)
3.5 Global EV Traction Motor Market Price Analysis by Region (2019-2024)
3.6 Global EV Traction Motor Production and Value, Year-over-Year Growth
3.6.1 North America EV Traction Motor Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe EV Traction Motor Production Value Estimates and Forecasts (2019-2030)
3.6.3 China EV Traction Motor Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan EV Traction Motor Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea EV Traction Motor Production Value Estimates and Forecasts (2019-2030)
4 EV Traction Motor Consumption by Region
4.1 Global EV Traction Motor Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global EV Traction Motor Consumption by Region (2019-2030)
4.2.1 Global EV Traction Motor Consumption by Region (2019-2024)
4.2.2 Global EV Traction Motor Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America EV Traction Motor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America EV Traction Motor Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe EV Traction Motor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe EV Traction Motor Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific EV Traction Motor Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific EV Traction Motor Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa EV Traction Motor Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa EV Traction Motor Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global EV Traction Motor Production by Type (2019-2030)
5.1.1 Global EV Traction Motor Production by Type (2019-2024)
5.1.2 Global EV Traction Motor Production by Type (2025-2030)
5.1.3 Global EV Traction Motor Production Market Share by Type (2019-2030)
5.2 Global EV Traction Motor Production Value by Type (2019-2030)
5.2.1 Global EV Traction Motor Production Value by Type (2019-2024)
5.2.2 Global EV Traction Motor Production Value by Type (2025-2030)
5.2.3 Global EV Traction Motor Production Value Market Share by Type (2019-2030)
5.3 Global EV Traction Motor Price by Type (2019-2030)
6 Segment by Application
6.1 Global EV Traction Motor Production by Application (2019-2030)
6.1.1 Global EV Traction Motor Production by Application (2019-2024)
6.1.2 Global EV Traction Motor Production by Application (2025-2030)
6.1.3 Global EV Traction Motor Production Market Share by Application (2019-2030)
6.2 Global EV Traction Motor Production Value by Application (2019-2030)
6.2.1 Global EV Traction Motor Production Value by Application (2019-2024)
6.2.2 Global EV Traction Motor Production Value by Application (2025-2030)
6.2.3 Global EV Traction Motor Production Value Market Share by Application (2019-2030)
6.3 Global EV Traction Motor Price by Application (2019-2030)
7 Key Companies Profiled
7.1 BMW
7.1.1 BMW EV Traction Motor Corporation Information
7.1.2 BMW EV Traction Motor Product Portfolio
7.1.3 BMW EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.1.4 BMW Main Business and Markets Served
7.1.5 BMW Recent Developments/Updates
7.2 Tesla
7.2.1 Tesla EV Traction Motor Corporation Information
7.2.2 Tesla EV Traction Motor Product Portfolio
7.2.3 Tesla EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Tesla Main Business and Markets Served
7.2.5 Tesla Recent Developments/Updates
7.3 Broad-Ocean
7.3.1 Broad-Ocean EV Traction Motor Corporation Information
7.3.2 Broad-Ocean EV Traction Motor Product Portfolio
7.3.3 Broad-Ocean EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Broad-Ocean Main Business and Markets Served
7.3.5 Broad-Ocean Recent Developments/Updates
7.4 BYD
7.4.1 BYD EV Traction Motor Corporation Information
7.4.2 BYD EV Traction Motor Product Portfolio
7.4.3 BYD EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.4.4 BYD Main Business and Markets Served
7.4.5 BYD Recent Developments/Updates
7.5 Nissan
7.5.1 Nissan EV Traction Motor Corporation Information
7.5.2 Nissan EV Traction Motor Product Portfolio
7.5.3 Nissan EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Nissan Main Business and Markets Served
7.5.5 Nissan Recent Developments/Updates
7.6 Continental AG
7.6.1 Continental AG EV Traction Motor Corporation Information
7.6.2 Continental AG EV Traction Motor Product Portfolio
7.6.3 Continental AG EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Continental AG Main Business and Markets Served
7.6.5 Continental AG Recent Developments/Updates
7.7 Jing-Jin Electric Technologies
7.7.1 Jing-Jin Electric Technologies EV Traction Motor Corporation Information
7.7.2 Jing-Jin Electric Technologies EV Traction Motor Product Portfolio
7.7.3 Jing-Jin Electric Technologies EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Jing-Jin Electric Technologies Main Business and Markets Served
7.7.5 Jing-Jin Electric Technologies Recent Developments/Updates
7.8 ZF
7.8.1 ZF EV Traction Motor Corporation Information
7.8.2 ZF EV Traction Motor Product Portfolio
7.8.3 ZF EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.8.4 ZF Main Business and Markets Served
7.7.5 ZF Recent Developments/Updates
7.9 Groupe Renault
7.9.1 Groupe Renault EV Traction Motor Corporation Information
7.9.2 Groupe Renault EV Traction Motor Product Portfolio
7.9.3 Groupe Renault EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Groupe Renault Main Business and Markets Served
7.9.5 Groupe Renault Recent Developments/Updates
7.10 Toyota
7.10.1 Toyota EV Traction Motor Corporation Information
7.10.2 Toyota EV Traction Motor Product Portfolio
7.10.3 Toyota EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Toyota Main Business and Markets Served
7.10.5 Toyota Recent Developments/Updates
7.11 Meidensha
7.11.1 Meidensha EV Traction Motor Corporation Information
7.11.2 Meidensha EV Traction Motor Product Portfolio
7.11.3 Meidensha EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Meidensha Main Business and Markets Served
7.11.5 Meidensha Recent Developments/Updates
7.12 BOSCH
7.12.1 BOSCH EV Traction Motor Corporation Information
7.12.2 BOSCH EV Traction Motor Product Portfolio
7.12.3 BOSCH EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.12.4 BOSCH Main Business and Markets Served
7.12.5 BOSCH Recent Developments/Updates
7.13 UAES
7.13.1 UAES EV Traction Motor Corporation Information
7.13.2 UAES EV Traction Motor Product Portfolio
7.13.3 UAES EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.13.4 UAES Main Business and Markets Served
7.13.5 UAES Recent Developments/Updates
7.14 LG
7.14.1 LG EV Traction Motor Corporation Information
7.14.2 LG EV Traction Motor Product Portfolio
7.14.3 LG EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.14.4 LG Main Business and Markets Served
7.14.5 LG Recent Developments/Updates
7.15 Dajun Tech
7.15.1 Dajun Tech EV Traction Motor Corporation Information
7.15.2 Dajun Tech EV Traction Motor Product Portfolio
7.15.3 Dajun Tech EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Dajun Tech Main Business and Markets Served
7.15.5 Dajun Tech Recent Developments/Updates
7.16 SIEMENS
7.16.1 SIEMENS EV Traction Motor Corporation Information
7.16.2 SIEMENS EV Traction Motor Product Portfolio
7.16.3 SIEMENS EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.16.4 SIEMENS Main Business and Markets Served
7.16.5 SIEMENS Recent Developments/Updates
7.17 Greatland Electrics
7.17.1 Greatland Electrics EV Traction Motor Corporation Information
7.17.2 Greatland Electrics EV Traction Motor Product Portfolio
7.17.3 Greatland Electrics EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.17.4 Greatland Electrics Main Business and Markets Served
7.17.5 Greatland Electrics Recent Developments/Updates
7.18 Hitachi Automotive Systems
7.18.1 Hitachi Automotive Systems EV Traction Motor Corporation Information
7.18.2 Hitachi Automotive Systems EV Traction Motor Product Portfolio
7.18.3 Hitachi Automotive Systems EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Hitachi Automotive Systems Main Business and Markets Served
7.18.5 Hitachi Automotive Systems Recent Developments/Updates
7.19 Magna
7.19.1 Magna EV Traction Motor Corporation Information
7.19.2 Magna EV Traction Motor Product Portfolio
7.19.3 Magna EV Traction Motor Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Magna Main Business and Markets Served
7.19.5 Magna Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 EV Traction Motor Industry Chain Analysis
8.2 EV Traction Motor Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 EV Traction Motor Production Mode & Process
8.4 EV Traction Motor Sales and Marketing
8.4.1 EV Traction Motor Sales Channels
8.4.2 EV Traction Motor Distributors
8.5 EV Traction Motor Customers
9 EV Traction Motor Market Dynamics
9.1 EV Traction Motor Industry Trends
9.2 EV Traction Motor Market Drivers
9.3 EV Traction Motor Market Challenges
9.4 EV Traction Motor Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

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