Global EV Traction Motor Market Research Report, Competitive, Technology and Forecast Analysis 2025-2032
Description
Market Overview
According to DIResearch＇s in-depth investigation and research, the global EV Traction Motor market size will reach 25,199 Million USD in 2025 and is projected to reach 206,783 Million USD by 2032, with a CAGR of 35.08% (2025-2032). Notably, the China EV Traction Motor market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
An EV (Electric Vehicle) traction motor is the primary electric motor responsible for propelling the vehicle by converting electrical energy from the vehicle＇s battery into mechanical motion. It is a crucial component in the powertrain of an electric vehicle, driving the wheels to provide acceleration and control speed. EV traction motors are typically highly efficient, producing instant torque and offering precise control over power delivery, making them ideal for electric propulsion. They come in various types, including AC (alternating current) and DC (direct current) motors, and their design may vary based on the specific vehicle application, size, and performance requirements. Traction motors are key to the overall efficiency and performance of an electric vehicle, contributing to the vehicle＇s responsiveness, energy consumption, and driving experience.
The major global manufacturers of EV Traction Motor include BMW, Tesla, Broad-Ocean, BYD, Nissan, Continental AG, Jing-Jin Electric Technologies, ZF, Groupe Renault, Toyota, Meidensha, UAES, BOSCH, LG, Dajun Tech, SIEMENS, Greatland Electrics, Hitachi Automotive Systems, Magna, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of EV Traction Motor. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global EV Traction Motor market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the EV Traction Motor market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of EV Traction Motor industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of EV Traction Motor Include:
BMW
Tesla
Broad-Ocean
BYD
Nissan
Continental AG
Jing-Jin Electric Technologies
ZF
Groupe Renault
Toyota
Meidensha
UAES
BOSCH
LG
Dajun Tech
SIEMENS
Greatland Electrics
Hitachi Automotive Systems
Magna
EV Traction Motor Product Segment Include:
AC Induction Motor
Permanent Magnet Motor
EV Traction Motor Product Application Include:
BEV
PHEV
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global EV Traction Motor Industry PESTEL Analysis
Chapter 3: Global EV Traction Motor Industry Porter's Five Forces Analysis
Chapter 4: Global EV Traction Motor Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global EV Traction Motor Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global EV Traction Motor Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, EV Traction Motor Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
According to DIResearch＇s in-depth investigation and research, the global EV Traction Motor market size will reach 25,199 Million USD in 2025 and is projected to reach 206,783 Million USD by 2032, with a CAGR of 35.08% (2025-2032). Notably, the China EV Traction Motor market has changed rapidly in the past few years. By 2025, China＇s market size is expected to be Million USD, representing approximately % of the global market share.
Research Summary
An EV (Electric Vehicle) traction motor is the primary electric motor responsible for propelling the vehicle by converting electrical energy from the vehicle＇s battery into mechanical motion. It is a crucial component in the powertrain of an electric vehicle, driving the wheels to provide acceleration and control speed. EV traction motors are typically highly efficient, producing instant torque and offering precise control over power delivery, making them ideal for electric propulsion. They come in various types, including AC (alternating current) and DC (direct current) motors, and their design may vary based on the specific vehicle application, size, and performance requirements. Traction motors are key to the overall efficiency and performance of an electric vehicle, contributing to the vehicle＇s responsiveness, energy consumption, and driving experience.
The major global manufacturers of EV Traction Motor include BMW, Tesla, Broad-Ocean, BYD, Nissan, Continental AG, Jing-Jin Electric Technologies, ZF, Groupe Renault, Toyota, Meidensha, UAES, BOSCH, LG, Dajun Tech, SIEMENS, Greatland Electrics, Hitachi Automotive Systems, Magna, etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.
This report studies the market size, price trends and future development prospects of EV Traction Motor. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global EV Traction Motor market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.
The regions and countries in the report include US, Germany, Japan, China, France, UK, South Korea, Canada, Italy, Russia, Mexico, Brazil, India, Vietnam, Thailand, South Africa and other regions, covering the EV Traction Motor market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of EV Traction Motor industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.
The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.
Global Key Manufacturers of EV Traction Motor Include:
BMW
Tesla
Broad-Ocean
BYD
Nissan
Continental AG
Jing-Jin Electric Technologies
ZF
Groupe Renault
Toyota
Meidensha
UAES
BOSCH
LG
Dajun Tech
SIEMENS
Greatland Electrics
Hitachi Automotive Systems
Magna
EV Traction Motor Product Segment Include:
AC Induction Motor
Permanent Magnet Motor
EV Traction Motor Product Application Include:
BEV
PHEV
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global EV Traction Motor Industry PESTEL Analysis
Chapter 3: Global EV Traction Motor Industry Porter's Five Forces Analysis
Chapter 4: Global EV Traction Motor Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global EV Traction Motor Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global EV Traction Motor Sales, Revenue, Price and Forecast by Product Type
Chapter 7: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)
Chapter 8: Industrial Chain Analysis, EV Traction Motor Different Application Market Analysis (Sales and Revenue), Sales Channel Analysis
Chapter 9: Research Findings and Conclusion
Chapter 10: Methodology and Data Sources
Table of Contents
165 Pages
- 1 EV Traction Motor Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 EV Traction Motor Product by Type
- 1.2.1 AC Induction Motor
- 1.2.2 Permanent Magnet Motor
- 1.3 EV Traction Motor Product by Application
- 1.3.1 BEV
- 1.3.2 PHEV
- 1.4 Global EV Traction Motor Market Revenue and Sales Analysis
- 1.4.1 Global EV Traction Motor Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global EV Traction Motor Sales Market Size Analysis (2020-2032)
- 1.4.3 Global EV Traction Motor Market Sales Price Trend Analysis (2020-2032)
- 1.5 EV Traction Motor Market Development Status and Trends
- 1.5.1 EV Traction Motor Industry Development Status Analysis
- 1.5.2 EV Traction Motor Industry Development Trends Analysis
- 2 EV Traction Motor Market PESTEL Analysis
- 2.1 Political Factors Analysis
- 2.2 Economic Factors Analysis
- 2.3 Social Factors Analysis
- 2.4 Technological Factors Analysis
- 2.5 Environmental Factors Analysis
- 2.6 Legal Factors Analysis
- 3 EV Traction Motor Market Porter's Five Forces Analysis
- 3.1 Competitive Rivalry
- 3.2 Threat of New Entrants
- 3.3 Bargaining Power of Suppliers
- 3.4 Bargaining Power of Buyers
- 3.5 Threat of Substitutes
- 4 Global EV Traction Motor Market Analysis by Country
- 4.1 Global EV Traction Motor Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global EV Traction Motor Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global EV Traction Motor Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global EV Traction Motor Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global EV Traction Motor Market Sales and Market Share by Country (2020-2025)
- 4.2.2 Global EV Traction Motor Market Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa EV Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global EV Traction Motor Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global EV Traction Motor Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global EV Traction Motor Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global EV Traction Motor Average Sales Price by Manufacturers (2021-2025)
- 5.2 EV Traction Motor Competitive Landscape Analysis and Market Dynamic
- 5.2.1 EV Traction Motor Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 EV Traction Motor Market Analysis by Type
- 6.1 Global EV Traction Motor Market Revenue Analysis by Type
- 6.1.1 Global EV Traction Motor Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global EV Traction Motor Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global EV Traction Motor Market Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global EV Traction Motor Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 BMW
- 7.1.1 BMW Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 BMW EV Traction Motor Product Portfolio
- 7.1.3 BMW EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 Tesla
- 7.2.1 Tesla Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 Tesla EV Traction Motor Product Portfolio
- 7.2.3 Tesla EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Broad-Ocean
- 7.3.1 Broad-Ocean Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Broad-Ocean EV Traction Motor Product Portfolio
- 7.3.3 Broad-Ocean EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 BYD
- 7.4.1 BYD Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 BYD EV Traction Motor Product Portfolio
- 7.4.3 BYD EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Nissan
- 7.5.1 Nissan Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Nissan EV Traction Motor Product Portfolio
- 7.5.3 Nissan EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Continental AG
- 7.6.1 Continental AG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Continental AG EV Traction Motor Product Portfolio
- 7.6.3 Continental AG EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.7 Jing-Jin Electric Technologies
- 7.7.1 Jing-Jin Electric Technologies Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.7.2 Jing-Jin Electric Technologies EV Traction Motor Product Portfolio
- 7.7.3 Jing-Jin Electric Technologies EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 ZF
- 7.8.1 ZF Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 ZF EV Traction Motor Product Portfolio
- 7.8.3 ZF EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 Groupe Renault
- 7.9.1 Groupe Renault Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 Groupe Renault EV Traction Motor Product Portfolio
- 7.9.3 Groupe Renault EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Toyota
- 7.10.1 Toyota Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Toyota EV Traction Motor Product Portfolio
- 7.10.3 Toyota EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 Meidensha
- 7.11.1 Meidensha Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Meidensha EV Traction Motor Product Portfolio
- 7.11.3 Meidensha EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.12 UAES
- 7.12.1 UAES Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 UAES EV Traction Motor Product Portfolio
- 7.12.3 UAES EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.13 BOSCH
- 7.13.1 BOSCH Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.13.2 BOSCH EV Traction Motor Product Portfolio
- 7.13.3 BOSCH EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.14 LG
- 7.14.1 LG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.14.2 LG EV Traction Motor Product Portfolio
- 7.14.3 LG EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.15 Dajun Tech
- 7.15.1 Dajun Tech Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.15.2 Dajun Tech EV Traction Motor Product Portfolio
- 7.15.3 Dajun Tech EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.16 SIEMENS
- 7.16.1 SIEMENS Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.16.2 SIEMENS EV Traction Motor Product Portfolio
- 7.16.3 SIEMENS EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.17 Greatland Electrics
- 7.17.1 Greatland Electrics Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.17.2 Greatland Electrics EV Traction Motor Product Portfolio
- 7.17.3 Greatland Electrics EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.18 Hitachi Automotive Systems
- 7.18.1 Hitachi Automotive Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.18.2 Hitachi Automotive Systems EV Traction Motor Product Portfolio
- 7.18.3 Hitachi Automotive Systems EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.19 Magna
- 7.19.1 Magna Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.19.2 Magna EV Traction Motor Product Portfolio
- 7.19.3 Magna EV Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 8 Industry Chain Analysis
- 8.1 EV Traction Motor Industry Chain Analysis
- 8.2 EV Traction Motor Industry Upstream Supply Analysis
- 8.2.1 Upstream Key Raw Material Supply Analysis
- 8.2.2 Raw Material Suppliers and Contact Information
- 8.3 EV Traction Motor Product Downstream Application Analysis
- 8.3.1 Global EV Traction Motor Revenue Market Size by Application: 2024 & 2025 & 2032
- 8.3.2 Global EV Traction Motor Revenue and Forecast Analysis by Application (2020-2032)
- 8.3.3 Global EV Traction Motor Sales and Forecast Analysis by Application (2020-2032)
- 8.4 EV Traction Motor Typical Downstream Customers
- 8.5 EV Traction Motor Sales Channel Analysis
- 9 Research Findings and Conclusion
- 10 Methodology and Data Source
- 10.1 Methodology/Research Approach
- 10.2 Research Scope
- 10.3 Benchmarks and Assumptions
- 10.4 Date Source
- 10.4.1 Primary Sources
- 10.4.2 Secondary Sources
- 10.5 Data Cross Validation
- 10.6 Disclaimer
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