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Global Axial Flux Motor Market Size Study, by Component (Bearings, Cooling Systems, Magnets, Rotors, Stators), by Power Rating (15kw-80kw, 1kw-15kw, 80kw-160kw, Above 160kw), by Voltage (High Voltage, Low Voltage, Medium Voltage), by Application (Commerci

Publisher Bizwit Research & Consulting
Published Jul 11, 2024
Length 200 Pages
SKU # BIZW18979598

Description

Global Axial Flux Motor Market Size Study, by Component (Bearings, Cooling Systems, Magnets, Rotors, Stators), by Power Rating (15kw-80kw, 1kw-15kw, 80kw-160kw, Above 160kw), by Voltage (High Voltage, Low Voltage, Medium Voltage), by Application (Commercial Vehicles, Electric Drones, Electric Passenger Vehicles, Elevators, Industrial Machinery, Robotics Actuators, Yachts & Electric Boats), by End-User Industry (Aerospace & Defense, Automotive, Manufacturing & Industrial, Marine, Renewable Energy, Transportation & Logistics), and Regional Forecasts 2022-2032


The Global Axial Flux Motor Market is valued at approximately USD 1.07 billion in 2023 and is anticipated to grow with a healthy growth rate of more than 8.62% over the forecast period 2024-2032. An axial flux motor, a type of electric motor, distinguishes itself by the direction in which its magnetic flux moves. The magnetic flux moves parallel to the axis of rotation, unlike traditional radial flux motors, where the flux moves radially from the center out toward the circumference. This design enables a more compact and efficient architecture, often resulting in a lighter and smaller motor capable of delivering comparable or superior performance to its radial counterpart.

The push toward electrification and the global demand for more efficient and smaller motors for electric vehicles further propels the demand for axial flux motors. In addition, the growing emphasis on sustainable energy solutions has increased the demand for efficient motors in renewable energy applications resulting in market growth. However, technical limitations in thermal management and integrating axial flux motors into existing systems are significant challenges for manufacturers which is hindering the market growth. Moreover, developing new materials, such as high-performance magnets and improved electrical steel, could enhance motor efficiency and reduce costs. There is also potential in modular and scalable motor designs, allowing for a wider range of applications.

Key regions considered for the global Axial Flux Motor market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. In 2023, North America dominated the market, driven by the presence of major market players and advanced industrial and automotive infrastructure. The U.S. and Canada have shown significant interest in axial flux motors due to their efficiency and compact form, crucial for electric vehicle advancements. Europe also shows significant potential, with strong regulatory frameworks for energy efficiency and substantial funding for research. The Asia-Pacific region is anticipated to witness the fastest growth due to the accelerating electric vehicle (EV) market, particularly in countries such as China, Japan, and India. This region’s rapid industrialization and urbanization contribute to increased demand for high-efficiency motors for applications in automotive, industrial automation, and renewable energy sectors.

Major market players included in this report are:

Agni Motors Ltd

Altair Engineering Inc.

American Precision Industries, Inc. by Regal Rexnord Corporation

Ashwoods Electric Motors Limited By Dana Tm4 Inc.

Beyond Motors, d.o.o.

ECM PCB Stator Technology

EMRAX d.o.o.

Evolito Ltd

Faststream Technologies

GKN Powder Metallurgy Engineering GMBH

The detailed segments and sub-segment of the market are explained below:

By Component:

Bearings

Cooling Systems

Magnets

Rotors

Stators

By Power Rating:

15kw-80kw

1kw-15kw

80kw-160kw

Above 160kw

By Voltage:

High Voltage

Low Voltage

Medium Voltage

By Application:

Commercial Vehicles

Electric Drones

Electric Passenger Vehicles

Elevators

Industrial Machinery

Robotics Actuators

Yachts & Electric Boats

By End-User Industry:

Aerospace & Defense

Automotive

Manufacturing & Industrial

Marine

Renewable Energy

Transportation & Logistics

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Middle East & Africa

Saudi Arabia

South Africa

RoMEA

Years considered for the study are as follows:

Historical year – 2022

Base year – 2023

Forecast period – 2024 to 2032

Key Takeaways:

Market Estimates & Forecast for 10 years from 2022 to 2032.

Annualized revenues and regional level analysis for each market segment.

Detailed analysis of geographical landscape with Country level analysis of major regions.

Competitive landscape with information on major players in the market.

Analysis of key business strategies and recommendations on future market approach.

Analysis of competitive structure of the market.

Demand side and supply side analysis of the market

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Table of Contents

200 Pages
Chapter 1. Global Axial Flux Motor Market Executive Summary
1.1. Global Axial Flux Motor Market Size & Forecast (2022- 2032)
1.2. Regional Summary
1.3. Segmental Summary
1.3.1. By Component
1.3.2. By Power Rating
1.3.3. By Voltage
1.3.4. By Application
1.3.5. By End-User Industry
1.4. Key Trends
1.5. Recession Impact
1.6. Analyst Recommendation & Conclusion
Chapter 2. Global Axial Flux Motor Market Definition and Research Assumptions
2.1. Research Objective
2.2. Market Definition
2.3. Research Assumptions
2.3.1. Inclusion & Exclusion
2.3.2. Limitations
2.3.3. Supply Side Analysis
2.3.3.1. Availability
2.3.3.2. Infrastructure
2.3.3.3. Regulatory Environment
2.3.3.4. Market Competition
2.3.3.5. Economic Viability (Consumer’s Perspective)
2.3.4. Demand Side Analysis
2.3.4.1. Regulatory frameworks
2.3.4.2. Technological Advancements
2.3.4.3. Environmental Considerations
2.3.4.4. Consumer Awareness & Acceptance
2.4. Estimation Methodology
2.5. Years Considered for the Study
2.6. Currency Conversion Rates
Chapter 3. Global Axial Flux Motor Market Dynamics
3.1. Market Drivers
3.1.1. Push Toward Electrification and Demand for Efficient Motors
3.1.2. Growing Emphasis on Sustainable Energy Solutions
3.1.3. Technological Advancements in Components
3.2. Market Challenges
3.2.1. Technical Limitations in Thermal Management
3.2.2. Integration Challenges into Existing Systems
3.3. Market Opportunities
3.3.1. Development of High-Performance Materials
3.3.2. Potential in Modular and Scalable Motor Designs
3.3.3. Expansion into Emerging Markets
Chapter 4. Global Axial Flux Motor Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model
4.1.7. Porter’s 5 Force Impact Analysis
4.2. PESTEL Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.2.5. Environmental
4.2.6. Legal
4.3. Top investment opportunity
4.4. Top winning strategies
4.5. Disruptive Trends
4.6. Industry Expert Perspective
4.7. Analyst Recommendation & Conclusion
Chapter 5. Global Axial Flux Motor Market Size & Forecasts by Component 2022-2032
5.1. Segment Dashboard
5.2. Global Axial Flux Motor Market: Component Revenue Trend Analysis, 2022 & 2032 (USD Billion)
5.2.1. Bearings
5.2.2. Cooling Systems
5.2.3. Magnets
5.2.4. Rotors
5.2.5. Stators
Chapter 6. Global Axial Flux Motor Market Size & Forecasts by Power Rating 2022-2032
6.1. Segment Dashboard
6.2. Global Axial Flux Motor Market: Power Rating Revenue Trend Analysis, 2022 & 2032 (USD Billion)
6.2.1. 15kw-80kw
6.2.2. 1kw-15kw
6.2.3. 80kw-160kw
6.2.4. Above 160kw
Chapter 7. Global Axial Flux Motor Market Size & Forecasts by Voltage 2022-2032
7.1. Segment Dashboard
7.2. Global Axial Flux Motor Market: Voltage Revenue Trend Analysis, 2022 & 2032 (USD Billion)
7.2.1. High Voltage
7.2.2. Low Voltage
7.2.3. Medium Voltage
Chapter 8. Global Axial Flux Motor Market Size & Forecasts by Application 2022-2032
8.1. Segment Dashboard
8.2. Global Axial Flux Motor Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Billion)
8.2.1. Commercial Vehicles
8.2.2. Electric Drones
8.2.3. Electric Passenger Vehicles
8.2.4. Elevators
8.2.5. Industrial Machinery
8.2.6. Robotics Actuators
8.2.7. Yachts & Electric Boats
Chapter 9. Global Axial Flux Motor Market Size & Forecasts by End-User Industry 2022-2032
9.1. Segment Dashboard
9.2. Global Axial Flux Motor Market: End-User Industry Revenue Trend Analysis, 2022 & 2032 (USD Billion)
9.2.1. Aerospace & Defense
9.2.2. Automotive
9.2.3. Manufacturing & Industrial
9.2.4. Marine
9.2.5. Renewable Energy
9.2.6. Transportation & Logistics
Chapter 10. Global Axial Flux Motor Market Size & Forecasts by Region 2022-2032
10.1. North America Axial Flux Motor Market
10.1.1. U.S. Axial Flux Motor Market
10.1.1.1. Component breakdown size & forecasts, 2022-2032
10.1.1.2. Power Rating breakdown size & forecasts, 2022-2032
10.1.1.3. Voltage breakdown size & forecasts, 2022-2032
10.1.1.4. Application breakdown size & forecasts, 2022-2032
10.1.1.5. End-User Industry breakdown size & forecasts, 2022-2032
10.1.2. Canada Axial Flux Motor Market
10.1.2.1. Component breakdown size & forecasts, 2022-2032
10.1.2.2. Power Rating breakdown size & forecasts, 2022-2032
10.1.2.3. Voltage breakdown size & forecasts, 2022-2032
10.1.2.4. Application breakdown size & forecasts, 2022-2032
10.1.2.5. End-User Industry breakdown size & forecasts, 2022-2032
10.2. Europe Axial Flux Motor Market
10.2.1. UK Axial Flux Motor Market
10.2.1.1. Component breakdown size & forecasts, 2022-2032
10.2.1.2. Power Rating breakdown size & forecasts, 2022-2032
10.2.1.3. Voltage breakdown size & forecasts, 2022-2032
10.2.1.4. Application breakdown size & forecasts, 2022-2032
10.2.1.5. End-User Industry breakdown size & forecasts, 2022-2032
10.2.2. Germany Axial Flux Motor Market
10.2.2.1. Component breakdown size & forecasts, 2022-2032
10.2.2.2. Power Rating breakdown size & forecasts, 2022-2032
10.2.2.3. Voltage breakdown size & forecasts, 2022-2032
10.2.2.4. Application breakdown size & forecasts, 2022-2032
10.2.2.5. End-User Industry breakdown size & forecasts, 2022-2032
10.2.3. France Axial Flux Motor Market
10.2.3.1. Component breakdown size & forecasts, 2022-2032
10.2.3.2. Power Rating breakdown size & forecasts, 2022-2032
10.2.3.3. Voltage breakdown size & forecasts, 2022-2032
10.2.3.4. Application breakdown size & forecasts, 2022-2032
10.2.3.5. End-User Industry breakdown size & forecasts, 2022-2032
10.2.4. Spain Axial Flux Motor Market
10.2.4.1. Component breakdown size & forecasts, 2022-2032
10.2.4.2. Power Rating breakdown size & forecasts, 2022-2032
10.2.4.3. Voltage breakdown size & forecasts, 2022-2032
10.2.4.4. Application breakdown size & forecasts, 2022-2032
10.2.4.5. End-User Industry breakdown size & forecasts, 2022-2032
10.2.5. Italy Axial Flux Motor Market
10.2.5.1. Component breakdown size & forecasts, 2022-2032
10.2.5.2. Power Rating breakdown size & forecasts, 2022-2032
10.2.5.3. Voltage breakdown size & forecasts, 2022-2032
10.2.5.4. Application breakdown size & forecasts, 2022-2032
10.2.5.5. End-User Industry breakdown size & forecasts, 2022-2032
10.2.6. Rest of Europe Axial Flux Motor Market
10.2.6.1. Component breakdown size & forecasts, 2022-2032
10.2.6.2. Power Rating breakdown size & forecasts, 2022-2032
10.2.6.3. Voltage breakdown size & forecasts, 2022-2032
10.2.6.4. Application breakdown size & forecasts, 2022-2032
10.2.6.5. End-User Industry breakdown size & forecasts, 2022-2032
10.3. Asia-Pacific Axial Flux Motor Market
10.3.1. China Axial Flux Motor Market
10.3.1.1. Component breakdown size & forecasts, 2022-2032
10.3.1.2. Power Rating breakdown size & forecasts, 2022-2032
10.3.1.3. Voltage breakdown size & forecasts, 2022-2032
10.3.1.4. Application breakdown size & forecasts, 2022-2032
10.3.1.5. End-User Industry breakdown size & forecasts, 2022-2032
10.3.2. India Axial Flux Motor Market
10.3.2.1. Component breakdown size & forecasts, 2022-2032
10.3.2.2. Power Rating breakdown size & forecasts, 2022-2032
10.3.2.3. Voltage breakdown size & forecasts, 2022-2032
10.3.2.4. Application breakdown size & forecasts, 2022-2032
10.3.2.5. End-User Industry breakdown size & forecasts, 2022-2032
10.3.3. Japan Axial Flux Motor Market
10.3.3.1. Component breakdown size & forecasts, 2022-2032
10.3.3.2. Power Rating breakdown size & forecasts, 2022-2032
10.3.3.3. Voltage breakdown size & forecasts, 2022-2032
10.3.3.4. Application breakdown size & forecasts, 2022-2032
10.3.3.5. End-User Industry breakdown size & forecasts, 2022-2032
10.3.4. Australia Axial Flux Motor Market
10.3.4.1. Component breakdown size & forecasts, 2022-2032
10.3.4.2. Power Rating breakdown size & forecasts, 2022-2032
10.3.4.3. Voltage breakdown size & forecasts, 2022-2032
10.3.4.4. Application breakdown size & forecasts, 2022-2032
10.3.4.5. End-User Industry breakdown size & forecasts, 2022-2032
10.3.5. South Korea Axial Flux Motor Market
10.3.5.1. Component breakdown size & forecasts, 2022-2032
10.3.5.2. Power Rating breakdown size & forecasts, 2022-2032
10.3.5.3. Voltage breakdown size & forecasts, 2022-2032
10.3.5.4. Application breakdown size & forecasts, 2022-2032
10.3.5.5. End-User Industry breakdown size & forecasts, 2022-2032
10.3.6. Rest of Asia Pacific Axial Flux Motor Market
10.3.6.1. Component breakdown size & forecasts, 2022-2032
10.3.6.2. Power Rating breakdown size & forecasts, 2022-2032
10.3.6.3. Voltage breakdown size & forecasts, 2022-2032
10.3.6.4. Application breakdown size & forecasts, 2022-2032
10.3.6.5. End-User Industry breakdown size & forecasts, 2022-2032
10.4. Latin America Axial Flux Motor Market
10.4.1. Brazil Axial Flux Motor Market
10.4.1.1. Component breakdown size & forecasts, 2022-2032
10.4.1.2. Power Rating breakdown size & forecasts, 2022-2032
10.4.1.3. Voltage breakdown size & forecasts, 2022-2032
10.4.1.4. Application breakdown size & forecasts, 2022-2032
10.4.1.5. End-User Industry breakdown size & forecasts, 2022-2032
10.4.2. Mexico Axial Flux Motor Market
10.4.2.1. Component breakdown size & forecasts, 2022-2032
10.4.2.2. Power Rating breakdown size & forecasts, 2022-2032
10.4.2.3. Voltage breakdown size & forecasts, 2022-2032
10.4.2.4. Application breakdown size & forecasts, 2022-2032
10.4.2.5. End-User Industry breakdown size & forecasts, 2022-2032
10.4.3. Rest of Latin America Axial Flux Motor Market
10.4.3.1. Component breakdown size & forecasts, 2022-2032
10.4.3.2. Power Rating breakdown size & forecasts, 2022-2032
10.4.3.3. Voltage breakdown size & forecasts, 2022-2032
10.4.3.4. Application breakdown size & forecasts, 2022-2032
10.4.3.5. End-User Industry breakdown size & forecasts, 2022-2032
10.5. Middle East & Africa Axial Flux Motor Market
10.5.1. Saudi Arabia Axial Flux Motor Market
10.5.1.1. Component breakdown size & forecasts, 2022-2032
10.5.1.2. Power Rating breakdown size & forecasts, 2022-2032
10.5.1.3. Voltage breakdown size & forecasts, 2022-2032
10.5.1.4. Application breakdown size & forecasts, 2022-2032
10.5.1.5. End-User Industry breakdown size & forecasts, 2022-2032
10.5.2. South Africa Axial Flux Motor Market
10.5.2.1. Component breakdown size & forecasts, 2022-2032
10.5.2.2. Power Rating breakdown size & forecasts, 2022-2032
10.5.2.3. Voltage breakdown size & forecasts, 2022-2032
10.5.2.4. Application breakdown size & forecasts, 2022-2032
10.5.2.5. End-User Industry breakdown size & forecasts, 2022-2032
10.5.3. Rest of Middle East & Africa Axial Flux Motor Market
10.5.3.1. Component breakdown size & forecasts, 2022-2032
10.5.3.2. Power Rating breakdown size & forecasts, 2022-2032
10.5.3.3. Voltage breakdown size & forecasts, 2022-2032
10.5.3.4. Application breakdown size & forecasts, 2022-2032
10.5.3.5. End-User Industry breakdown size & forecasts, 2022-2032
Chapter 11. Competitive Intelligence
11.1. Key Company SWOT Analysis
11.1.1 Company 1
11.1.2 Company 2
11.1.3 Company 3
11.2. Top Market Strategies
11.3. Company Profiles
11.3.1. Agni Motors Ltd
11.3.1.1. Key Information
11.3.1.2. Overview
11.3.1.3. Financial (Subject to Data Availability)
11.3.1.4. Product Summary
11.3.1.5. Market Strategies
11.3.2. Altair Engineering Inc.
11.3.3. American Precision Industries, Inc. by Regal Rexnord Corporation
11.3.4. ASHWOODS ELECTRIC MOTORS LIMITED by DANA TM4 INC.
11.3.5. Beyond Motors, d.o.o.
11.3.6. ECM PCB Stator Technology
11.3.7. EMRAX d.o.o.
11.3.8. Evolito Ltd
11.3.9. Faststream Technologies
11.3.10. GKN Powder Metallurgy Engineering GMBH
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
List of Tables
TABLE 1. Global Axial Flux Motor Market, Report Scope
TABLE 2. Global Axial Flux Motor Market Estimates & Forecasts by Region 2022-2032 (USD Billion)
TABLE 3. Global Axial Flux Motor Market Estimates & Forecasts by Component 2022-2032 (USD Billion)
TABLE 4. Global Axial Flux Motor Market Estimates & Forecasts by Power Rating 2022-2032 (USD Billion)
TABLE 5. Global Axial Flux Motor Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 6. Global Axial Flux Motor Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 7. Global Axial Flux Motor Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 8. Global Axial Flux Motor Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 9. Global Axial Flux Motor Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 10. Global Axial Flux Motor Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 11. Global Axial Flux Motor Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 12. Global Axial Flux Motor Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 13. Global Axial Flux Motor Market by Segment, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 14. Global Axial Flux Motor Market by Region, Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 15. U.S. Axial Flux Motor Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 16. U.S. Axial Flux Motor Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
TABLE 17. U.S. Axial Flux Motor Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
TABLE 18. Canada Axial Flux Motor Market Estimates & Forecasts, 2022-2032 (USD Billion)
TABLE 19. Canada Axial Flux Motor Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
TABLE 20. Canada Axial Flux Motor Market Estimates & Forecasts by Segment 2022-2032 (USD Billion)
This list is not complete, final report does contain more than 100 tables. The list may be updated in the final deliverable.
List of Figures
FIGURE 1. Global Axial Flux Motor Market, Research Methodology
FIGURE 2. Global Axial Flux Motor Market, Market Estimation Techniques
FIGURE 3. Global Market Size Estimates & Forecast Methods.
FIGURE 4. Global Axial Flux Motor Market, Key Trends 2023
FIGURE 5. Global Axial Flux Motor Market, Growth Prospects 2022-2032
FIGURE 6. Global Axial Flux Motor Market, Porter’s 5 Force Model
FIGURE 7. Global Axial Flux Motor Market, PESTEL Analysis
FIGURE 8. Global Axial Flux Motor Market, Value Chain Analysis
FIGURE 9. Global Axial Flux Motor Market by Segment, 2022 & 2032 (USD Billion)
FIGURE 10. Global Axial Flux Motor Market by Segment, 2022 & 2032 (USD Billion)
FIGURE 11. Global Axial Flux Motor Market by Segment, 2022 & 2032 (USD Billion)
FIGURE 12. Global Axial Flux Motor Market by Segment, 2022 & 2032 (USD Billion)
FIGURE 13. Global Axial Flux Motor Market by Segment, 2022 & 2032 (USD Billion)
FIGURE 14. Global Axial Flux Motor Market, Regional Snapshot 2022 & 2032
FIGURE 15. North America Axial Flux Motor Market 2022 & 2032 (USD Billion)
FIGURE 16. Europe Axial Flux Motor Market 2022 & 2032 (USD Billion)
FIGURE 17. Asia Pacific Axial Flux Motor Market 2022 & 2032 (USD Billion)
FIGURE 18. Latin America Axial Flux Motor Market 2022 & 2032 (USD Billion)
FIGURE 19. Middle East & Africa Axial Flux Motor Market 2022 & 2032 (USD Billion)
FIGURE 20. Global Axial Flux Motor Market, Company Market Share Analysis (2023)
This list is not complete, final report does contain more than 50 figures. The list may be updated in the final deliverable.

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