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Electric Vehicle Traction Motor Market Global Report 2026

Published Jan 22, 2026
Length 250 Pages
SKU # BRC20775140

Description

Electric Vehicle Traction Motor Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses electric vehicle traction motor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase
  • Gain a truly global perspective with the most comprehensive report available on this market covering 16 geographies.
  • Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, inflation and interest rate fluctuations, and evolving regulatory landscapes.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on end user analysis.
  • Benchmark performance against key competitors based on market share, innovation, and brand strength.
  • Evaluate the total addressable market (TAM) and market attractiveness scoring to measure market potential.
  • Suitable for supporting your internal and external presentations with reliable high-quality data and analysis
  • Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description:

Where is the largest and fastest growing market for electric vehicle traction motor ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The electric vehicle traction motor market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
  • The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
  • The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
  • The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
  • The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
  • The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
  • Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope

Markets Covered:1) By Motor Type: Permanent Magnet Synchronous EV Traction Motors (PMSM); Asynchronous EV Traction Motors (ASM)

2) By Voltage Ratings: High Voltage EV Traction Motors; Low Voltage EV Traction Motors

3) By Vehicle Type: Hybrid Vehicles; Battery Electric Vehicles; Fuel Cell Electric Vehicles

4) By Application: Railways; Passenger And Commercial Vehicles; Other Applications

Subsegments:

1) By Permanent Magnet Synchronous EV Traction Motors (PMSM): Surface-Mounted PMSM; Interior Permanent Magnet (IPM) Motors

2) By Asynchronous EV Traction Motors (ASM): Induction Motors; Squirrel Cage Motors

Companies Mentioned: Siemens AG; ABB Ltd.; Hitachi, Ltd.; CRRC Corporation Limited; Robert Bosch GmbH; Parker-Hannifin Corporation; Bharat Heavy Electricals Limited (BHEL); Nidec Corporation; Kawasaki Heavy Industries, Ltd.; AMETEK, Inc.; Mitsubishi Electric Corporation; CG Power and Industrial Solutions Limited; Toshiba Corporation; Alstom SA; Continental AG; WEG S.A.; Eberle Motors; Voges Motores Elétricos; Nova Motores; Cestari Industrial; Tintori Motores Elétricos; Motomil; Taizhou Dongchun Motor Co., Ltd.; General Electric Company

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.

Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast.

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,

Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.

Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order.

Table of Contents

250 Pages
1. Executive Summary
1.1. Key Market Insights (2020-2035)
1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots
1.3. Major Factors Driving the Market
1.4. Top Three Trends Shaping the Market
2. Electric Vehicle Traction Motor Market Characteristics
2.1. Market Definition & Scope
2.2. Market Segmentations
2.3. Overview of Key Products and Services
2.4. Global Electric Vehicle Traction Motor Market Attractiveness Scoring And Analysis
2.4.1. Overview of Market Attractiveness Framework
2.4.2. Quantitative Scoring Methodology
2.4.3. Factor-Wise Evaluation
Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation
2.4.4. Market Attractiveness Scoring and Interpretation
2.4.5. Strategic Implications and Recommendations
3. Electric Vehicle Traction Motor Market Supply Chain Analysis
3.1. Overview of the Supply Chain and Ecosystem
3.2. List Of Key Raw Materials, Resources & Suppliers
3.3. List Of Major Distributors and Channel Partners
3.4. List Of Major End Users
4. Global Electric Vehicle Traction Motor Market Trends And Strategies
4.1. Key Technologies & Future Trends
4.1.1 Electric Mobility And Transportation Electrification
4.1.2 Sustainability Climate Tech And Circular Economy
4.1.3 Industry 4.0 And Intelligent Manufacturing
4.1.4 Internet Of Things (Iot) Smart Infrastructure And Connected Ecosystems
4.1.5 Digitalization Cloud Big Data And Cybersecurity
4.2. Major Trends
4.2.1 Advances In High Efficiency Permanent Magnet Motors
4.2.2 Growing Adoption Of Integrated Motor And Inverter Systems
4.2.3 Rising Demand For Lightweight And Compact Motor Architectures
4.2.4 Increasing Focus On Thermal Management Solutions For Traction Motors
4.2.5 Expansion Of High Voltage Motor Applications In Heavy Vehicles
5. Electric Vehicle Traction Motor Market Analysis Of End Use Industries
5.1 Passenger Vehicle Manufacturers
5.2 Commercial Vehicle Manufacturers
5.3 Railway Operators
5.4 Electric Fleet Providers
5.5 Electric Powertrain System Integrators
6. Electric Vehicle Traction Motor Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market
7. Global Electric Vehicle Traction Motor Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis
7.1. Global Electric Vehicle Traction Motor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)
7.2. Global Electric Vehicle Traction Motor Market Size, Comparisons And Growth Rate Analysis
7.3. Global Electric Vehicle Traction Motor Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)
7.4. Global Electric Vehicle Traction Motor Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)
8. Global Electric Vehicle Traction Motor Total Addressable Market (TAM) Analysis for the Market
8.1. Definition and Scope of Total Addressable Market (TAM)
8.2. Methodology and Assumptions
8.3. Global Total Addressable Market (TAM) Estimation
8.4. TAM vs. Current Market Size Analysis
8.5. Strategic Insights and Growth Opportunities from TAM Analysis
9. Electric Vehicle Traction Motor Market Segmentation
9.1. Global Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Permanent Magnet Synchronous EV Traction Motors (PMSM), Asynchronous EV Traction Motors (ASM)
9.2. Global Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
High Voltage EV Traction Motors, Low Voltage EV Traction Motors
9.3. Global Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Hybrid Vehicles, Battery Electric Vehicles, Fuel Cell Electric Vehicles
9.4. Global Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Railways, Passenger And Commercial Vehicles, Other Applications
9.5. Global Electric Vehicle Traction Motor Market, Sub-Segmentation Of Permanent Magnet Synchronous EV Traction Motors (PMSM), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Surface-Mounted PMSM, Interior Permanent Magnet (IPM) Motors
9.6. Global Electric Vehicle Traction Motor Market, Sub-Segmentation Of Asynchronous EV Traction Motors (ASM), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
Induction Motors, Squirrel Cage Motors
10. Electric Vehicle Traction Motor Market Regional And Country Analysis
10.1. Global Electric Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
10.2. Global Electric Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
11. Asia-Pacific Electric Vehicle Traction Motor Market
11.1. Asia-Pacific Electric Vehicle 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
11.2. Asia-Pacific Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
12. China Electric Vehicle Traction Motor Market
12.1. China Electric Vehicle Traction Motor Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
12.2. China Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
13. India Electric Vehicle Traction Motor Market
13.1. India Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
14. Japan Electric Vehicle Traction Motor Market
14.1. Japan Electric Vehicle Traction Motor Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
14.2. Japan Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
15. Australia Electric Vehicle Traction Motor Market
15.1. Australia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
16. Indonesia Electric Vehicle Traction Motor Market
16.1. Indonesia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
17. South Korea Electric Vehicle Traction Motor Market
17.1. South Korea Electric Vehicle Traction Motor Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
17.2. South Korea Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
18. Taiwan Electric Vehicle Traction Motor Market
18.1. Taiwan Electric Vehicle Traction Motor Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
18.2. Taiwan Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
19. South East Asia Electric Vehicle Traction Motor Market
19.1. South East Asia Electric Vehicle 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
19.2. South East Asia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
20. Western Europe Electric Vehicle Traction Motor Market
20.1. Western Europe Electric Vehicle 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
20.2. Western Europe Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
21. UK Electric Vehicle Traction Motor Market
21.1. UK Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
22. Germany Electric Vehicle Traction Motor Market
22.1. Germany Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
23. France Electric Vehicle Traction Motor Market
23.1. France Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
24. Italy Electric Vehicle Traction Motor Market
24.1. Italy Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
25. Spain Electric Vehicle Traction Motor Market
25.1. Spain Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
26. Eastern Europe Electric Vehicle Traction Motor Market
26.1. Eastern Europe Electric Vehicle 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
26.2. Eastern Europe Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
27. Russia Electric Vehicle Traction Motor Market
27.1. Russia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
28. North America Electric Vehicle Traction Motor Market
28.1. North America Electric Vehicle 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
28.2. North America Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
29. USA Electric Vehicle Traction Motor Market
29.1. USA Electric Vehicle Traction Motor Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
29.2. USA Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
30. Canada Electric Vehicle Traction Motor Market
30.1. Canada Electric Vehicle Traction Motor Market Overview
Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
30.2. Canada Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
31. South America Electric Vehicle Traction Motor Market
31.1. South America Electric Vehicle 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
31.2. South America Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
32. Brazil Electric Vehicle Traction Motor Market
32.1. Brazil Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
33. Middle East Electric Vehicle Traction Motor Market
33.1. Middle East Electric Vehicle 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
33.2. Middle East Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
34. Africa Electric Vehicle Traction Motor Market
34.1. Africa Electric Vehicle 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
34.2. Africa Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion
35. Electric Vehicle Traction Motor Market Regulatory and Investment Landscape
36. Electric Vehicle Traction Motor Market Competitive Landscape And Company Profiles
36.1. Electric Vehicle Traction Motor Market Competitive Landscape And Market Share 2024
36.1.1. Top 10 Companies (Ranked by revenue/share)
36.2. Electric Vehicle Traction Motor Market - Company Scoring Matrix
36.2.1. Market Revenues
36.2.2. Product Innovation Score
36.2.3. Brand Recognition
36.3. Electric Vehicle Traction Motor Market Company Profiles
36.3.1. Siemens AG Overview, Products and Services, Strategy and Financial Analysis
36.3.2. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis
36.3.3. Hitachi, Ltd. Overview, Products and Services, Strategy and Financial Analysis
36.3.4. CRRC Corporation Limited Overview, Products and Services, Strategy and Financial Analysis
36.3.5. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis
37. Electric Vehicle Traction Motor Market Other Major And Innovative Companies
Parker-Hannifin Corporation, Bharat Heavy Electricals Limited (BHEL), Nidec Corporation, Kawasaki Heavy Industries, Ltd., AMETEK, Inc., Mitsubishi Electric Corporation, CG Power and Industrial Solutions Limited, Toshiba Corporation, Alstom SA, Continental AG, WEG S.A., Eberle Motors, Voges Motores Elétricos, Nova Motores, Cestari Industrial
38. Global Electric Vehicle Traction Motor Market Competitive Benchmarking And Dashboard
39. Key Mergers And Acquisitions In The Electric Vehicle Traction Motor Market
40. Electric Vehicle Traction Motor Market High Potential Countries, Segments and Strategies
40.1 Electric Vehicle Traction Motor Market In 2030 - Countries Offering Most New Opportunities
40.2 Electric Vehicle Traction Motor Market In 2030 - Segments Offering Most New Opportunities
40.3 Electric Vehicle Traction Motor Market In 2030 - Growth Strategies
40.3.1 Market Trend Based Strategies
40.3.2 Competitor Strategies
41. Appendix
41.1. Abbreviations
41.2. Currencies
41.3. Historic And Forecast Inflation Rates
41.4. Research Inquiries
41.5. The Business Research Company
41.6. Copyright And Disclaimer
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