by According to Precedence Research, during the forecast period of 2022 to 2030, the global electric vehicle motor market is estimated to develop at a compound annual growth rate (CAGR) of 21.26%. The global electric vehicle motor market was valued at USD 7.16 billion in 2021, and it is predicted to exceed USD 40.58 billion by 2030. The study investigates several elements and their consequences on the growth of the electric vehicle motor market.
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This report focuses on electric vehicle motor market volume and value at the global level, regional level and company level. From a global perspective, this report represents overall electric vehicle motor market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Middle East & Africa, Latin America, etc.
Report Scope of the Electric Vehicle Motor Market
| Report Coverage | Details |
| Market Size by 2030 | USD 40.58 Billion |
| Growth Rate from 2022 to 2030 | CAGR of 21.26% |
| Asia Pacific Market Share in 2021 | 47% |
| AC motor Type Market Share in 2021 | 58% |
| Base Year | 2021 |
| Forecast Period | 2022 to 2030 |
| Segments Covered | Type, Vehicle Type, Motor Type, Power Rating, Application, Powertrain Type, Marketplace, End User, Geography |
The research report includes specific segments by region (country), by company, by all segments. This study provides information about the growth and revenue during the historic and forecasted period of 2017 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
In-Depth Analysis on Competitive Landscape
The report sheds light on leading manufacturers of electric vehicle motor, along with their detailed profiles. Essential and up-to-date data related to market performers who are principally engaged in the production of electric vehicle motor has been brought with the help of a detailed dashboard view. Market share analysis and comparison of prominent players provided in the report permits report readers to take preemptive steps in advancing their businesses.
Company profiles have been included in the report, which include essentials such as product portfolio, key strategies, along with all-inclusive SWOT analysis on each player. Company presence is mapped and presented through a matrix for all the prominent players, thus providing readers with actionable insights, which helps in thoughtfully presenting market status and predicting the competition level in the electric vehicle motor market.
Some of the prominent players in the electric vehicle motor market include:
- Yasakawa Electric
- Gkn Driveline
- Toshiba
- Continental
- Denso
- Baldor Electric
- Hitachi Automotive Systems
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Segments Covered in the Report
By Type
- AC Motor
- Synchronous AC Motor
- Induction AC Motor
- DC Motor
- Brushed DC Motor
- Brushless DC Motor
By Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
By Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
By Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
By Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
By Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
By Marketplace
- OEM
- Aftermarket
By End User
- Agribusiness
- Transportation
- Private
- Business
Regional Segmentation
- Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
- Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
- North America [United States, Canada, Mexico]
- South America [Brazil, Argentina, Columbia, Chile, Peru]
- Middle East & Africa [GCC, North Africa, South Africa]
Some of the important ones are:
- What can be the best investment choices for venturing into new product and service lines?
- What value propositions should businesses aim at while making new research and development funding?
- Which regulations will be most helpful for stakeholders to boost their supply chain network?
- Which regions might see the demand maturing in certain segments in near future?
- What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
- Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
- Which government regulations might challenge the status of key regional markets?
- How will the emerging political and economic scenario affect opportunities in key growth areas?
- What are some of the value-grab opportunities in various segments?
- What will be the barrier to entry for new players in the market?
Table of Contents
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Electric Vehicle Motor Market, By Type
7.1. Electric Vehicle Motor Market, by Type, 2022-2030
7.1.1. AC Motor
7.1.1.1. Market Revenue and Forecast (2017-2030)
7.1.2. DC Motor
7.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 8. Global Electric Vehicle Motor Market, By Vehicle Type
8.1. Electric Vehicle Motor Market, by Vehicle Type, 2022-2030
8.1.1. Pure Electric Vehicle
8.1.1.1. Market Revenue and Forecast (2017-2030)
8.1.2. Hybrid Electric Vehicle
8.1.2.1. Market Revenue and Forecast (2017-2030)
8.1.3. Plug-in Hybrid Electric Vehicle
8.1.3.1. Market Revenue and Forecast (2017-2030)
8.1.4. Fuel Cell Electric Vehicle (FCEV)
8.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 9. Global Electric Vehicle Motor Market, By Motor Type
9.1. Electric Vehicle Motor Market, by Motor Type, 2022-2030
9.1.1. Induction Motor
9.1.1.1. Market Revenue and Forecast (2017-2030)
9.1.2. Synchronous Motor
9.1.2.1. Market Revenue and Forecast (2017-2030)
9.1.3. Switched Reluctance Motor
9.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 10. Global Electric Vehicle Motor Market, By Power Rating
10.1. Electric Vehicle Motor Market, by Power Rating, 2022-2030
10.1.1. Up to 60 KW
10.1.1.1. Market Revenue and Forecast (2017-2030)
10.1.2. 60 to 90 KW
10.1.2.1. Market Revenue and Forecast (2017-2030)
10.1.3. Above 90 KW
10.1.3.1. Market Revenue and Forecast (2017-2030)
Chapter 11. Global Electric Vehicle Motor Market, By Application
11.1. Electric Vehicle Motor Market, by Application, 2022-2030
11.1.1. Electric Two-Wheeler
11.1.1.1. Market Revenue and Forecast (2017-2030)
11.1.2. Electric Three-Wheeler
11.1.2.1. Market Revenue and Forecast (2017-2030)
11.1.3. Electric Commercial Vehicles
11.1.3.1. Market Revenue and Forecast (2017-2030)
11.1.4. Electric Passenger Cars
11.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 12. Global Electric Vehicle Motor Market, By Powertrain Type
12.1. Electric Vehicle Motor Market, by Powertrain Type, 2022-2030
12.1.1. Single Motor
12.1.1.1. Market Revenue and Forecast (2017-2030)
12.1.2. Dual Motor
12.1.2.1. Market Revenue and Forecast (2017-2030)
12.1.3. Triple Motor
12.1.3.1. Market Revenue and Forecast (2017-2030)
12.1.4. Four Motor
12.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 13. Global Electric Vehicle Motor Market, By Marketplace
13.1. Electric Vehicle Motor Market, by Marketplace, 2022-2030
13.1.1. OEM
13.1.1.1. Market Revenue and Forecast (2017-2030)
13.1.2. Aftermarket
13.1.2.1. Market Revenue and Forecast (2017-2030)
Chapter 14. Global Electric Vehicle Motor Market, By End User
14.1. Electric Vehicle Motor Market, by End User, 2022-2030
14.1.1. Agribusiness
14.1.1.1. Market Revenue and Forecast (2017-2030)
14.1.2. Transportation
14.1.2.1. Market Revenue and Forecast (2017-2030)
14.1.3. Private
14.1.3.1. Market Revenue and Forecast (2017-2030)
14.1.4. Business
14.1.4.1. Market Revenue and Forecast (2017-2030)
Chapter 15. Global Electric Vehicle Motor Market, Regional Estimates and Trend Forecast
15.1. North America
15.1.1. Market Revenue and Forecast, by Type (2017-2030)
15.1.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.1.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.1.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.1.5. Market Revenue and Forecast, by Application (2017-2030)
15.1.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.1.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.1.8. Market Revenue and Forecast, by End User (2017-2030)
15.1.9. U.S.
15.1.9.1. Market Revenue and Forecast, by Type (2017-2030)
15.1.9.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.1.9.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.1.9.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.1.9.5. Market Revenue and Forecast, by Application (2017-2030)
15.1.9.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.1.9.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.1.9.8. Market Revenue and Forecast, by End User (2017-2030)
15.1.10. Rest of North America
15.1.10.1. Market Revenue and Forecast, by Type (2017-2030)
15.1.10.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.1.10.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.1.10.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.1.10.5. Market Revenue and Forecast, by Application (2017-2030)
15.1.10.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.1.10.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.1.10.8. Market Revenue and Forecast, by End User (2017-2030)
15.2. Europe
15.2.1. Market Revenue and Forecast, by Type (2017-2030)
15.2.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.2.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.2.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.2.5. Market Revenue and Forecast, by Application (2017-2030)
15.2.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.2.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.2.8. Market Revenue and Forecast, by End User (2017-2030)
15.2.9. UK
15.2.9.1. Market Revenue and Forecast, by Type (2017-2030)
15.2.9.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.2.9.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.2.9.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.2.9.5. Market Revenue and Forecast, by Application (2017-2030)
15.2.9.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.2.9.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.2.9.8. Market Revenue and Forecast, by End User (2017-2030)
15.2.10. Germany
15.2.10.1. Market Revenue and Forecast, by Type (2017-2030)
15.2.10.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.2.10.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.2.10.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.2.10.5. Market Revenue and Forecast, by Application (2017-2030)
15.2.10.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.2.10.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.2.10.8. Market Revenue and Forecast, by End User (2017-2030)
15.2.11. France
15.2.11.1. Market Revenue and Forecast, by Type (2017-2030)
15.2.11.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.2.11.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.2.11.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.2.11.5. Market Revenue and Forecast, by Application (2017-2030)
15.2.11.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.2.11.7. Market Revenue and Forecast, by End User (2017-2030)
15.2.11.8. Market Revenue and Forecast, by Marketplace (2017-2030)
15.2.12. Rest of Europe
15.2.12.1. Market Revenue and Forecast, by Type (2017-2030)
15.2.12.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.2.12.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.2.12.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.2.12.5. Market Revenue and Forecast, by Application (2017-2030)
15.2.12.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.2.12.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.2.12.8. Market Revenue and Forecast, by End User (2017-2030)
15.3. APAC
15.3.1. Market Revenue and Forecast, by Type (2017-2030)
15.3.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.3.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.3.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.3.5. Market Revenue and Forecast, by Application (2017-2030)
15.3.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.3.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.3.8. Market Revenue and Forecast, by End User (2017-2030)
15.3.9. India
15.3.9.1. Market Revenue and Forecast, by Type (2017-2030)
15.3.9.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.3.9.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.3.9.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.3.9.5. Market Revenue and Forecast, by Application (2017-2030)
15.3.9.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.3.9.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.3.9.8. Market Revenue and Forecast, by End User (2017-2030)
15.3.10. China
15.3.10.1. Market Revenue and Forecast, by Type (2017-2030)
15.3.10.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.3.10.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.3.10.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.3.10.5. Market Revenue and Forecast, by Application (2017-2030)
15.3.10.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.3.10.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.3.10.8. Market Revenue and Forecast, by End User (2017-2030)
15.3.11. Japan
15.3.11.1. Market Revenue and Forecast, by Type (2017-2030)
15.3.11.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.3.11.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.3.11.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.3.11.5. Market Revenue and Forecast, by Application (2017-2030)
15.3.11.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.3.11.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.3.11.8. Market Revenue and Forecast, by End User (2017-2030)
15.3.12. Rest of APAC
15.3.12.1. Market Revenue and Forecast, by Type (2017-2030)
15.3.12.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.3.12.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.3.12.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.3.12.5. Market Revenue and Forecast, by Application (2017-2030)
15.3.12.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.3.12.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.3.12.8. Market Revenue and Forecast, by End User (2017-2030)
15.4. MEA
15.4.1. Market Revenue and Forecast, by Type (2017-2030)
15.4.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.4.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.4.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.4.5. Market Revenue and Forecast, by Application (2017-2030)
15.4.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.4.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.4.8. Market Revenue and Forecast, by End User (2017-2030)
15.4.9. GCC
15.4.9.1. Market Revenue and Forecast, by Type (2017-2030)
15.4.9.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.4.9.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.4.9.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.4.9.5. Market Revenue and Forecast, by Application (2017-2030)
15.4.9.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.4.9.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.4.9.8. Market Revenue and Forecast, by End User (2017-2030)
15.4.10. North Africa
15.4.10.1. Market Revenue and Forecast, by Type (2017-2030)
15.4.10.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.4.10.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.4.10.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.4.10.5. Market Revenue and Forecast, by Application (2017-2030)
15.4.10.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.4.10.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.4.10.8. Market Revenue and Forecast, by End User (2017-2030)
15.4.11. South Africa
15.4.11.1. Market Revenue and Forecast, by Type (2017-2030)
15.4.11.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.4.11.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.4.11.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.4.11.5. Market Revenue and Forecast, by Application (2017-2030)
15.4.11.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.4.11.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.4.11.8. Market Revenue and Forecast, by End User (2017-2030)
15.4.12. Rest of MEA
15.4.12.1. Market Revenue and Forecast, by Type (2017-2030)
15.4.12.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.4.12.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.4.12.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.4.12.5. Market Revenue and Forecast, by Application (2017-2030)
15.4.12.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.4.12.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.4.12.8. Market Revenue and Forecast, by End User (2017-2030)
15.5. Latin America
15.5.1. Market Revenue and Forecast, by Type (2017-2030)
15.5.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.5.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.5.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.5.5. Market Revenue and Forecast, by Application (2017-2030)
15.5.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.5.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.5.8. Market Revenue and Forecast, by End User (2017-2030)
15.5.9. Brazil
15.5.9.1. Market Revenue and Forecast, by Type (2017-2030)
15.5.9.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.5.9.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.5.9.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.5.9.5. Market Revenue and Forecast, by Application (2017-2030)
15.5.9.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.5.9.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.5.9.8. Market Revenue and Forecast, by End User (2017-2030)
15.5.10. Rest of LATAM
15.5.10.1. Market Revenue and Forecast, by Type (2017-2030)
15.5.10.2. Market Revenue and Forecast, by Vehicle Type (2017-2030)
15.5.10.3. Market Revenue and Forecast, by Motor Type (2017-2030)
15.5.10.4. Market Revenue and Forecast, by Power Rating (2017-2030)
15.5.10.5. Market Revenue and Forecast, by Application (2017-2030)
15.5.10.6. Market Revenue and Forecast, by Powertrain Type (2017-2030)
15.5.10.7. Market Revenue and Forecast, by Marketplace (2017-2030)
15.5.10.8. Market Revenue and Forecast, by End User (2017-2030)
Chapter 16. Company Profiles
16.1. Yasakawa Electric
16.1.1. Company Overview
16.1.2. Product Offerings
16.1.3. Financial Performance
16.1.4. Recent Initiatives
16.2. Gkn Driveline
16.2.1. Company Overview
16.2.2. Product Offerings
16.2.3. Financial Performance
16.2.4. Recent Initiatives
16.3. Toshiba
16.3.1. Company Overview
16.3.2. Product Offerings
16.3.3. Financial Performance
16.3.4. Recent Initiatives
16.4. Continental
16.4.1. Company Overview
16.4.2. Product Offerings
16.4.3. Financial Performance
16.4.4. Recent Initiatives
16.5. Denso
16.5.1. Company Overview
16.5.2. Product Offerings
16.5.3. Financial Performance
16.5.4. Recent Initiatives
16.6. Baldor Electric
16.6.1. Company Overview
16.6.2. Product Offerings
16.6.3. Financial Performance
16.6.4. Recent Initiatives
16.7. Hitachi Automotive Systems
16.7.1. Company Overview
16.7.2. Product Offerings
16.7.3. Financial Performance
16.7.4. Recent Initiatives
Chapter 17. Research Methodology
16.7. Primary Research
16.7. Secondary Research
16.7. Assumptions
Chapter 18. Appendix
18.1. About Us
18.2. Glossary of Terms
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