Global 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 Traction Motor market size will reach 67,316 Million USD in 2025 and is projected to reach 1,306,739 Million USD by 2032, with a CAGR of 52.76% (2025-2032). Notably, the China 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
A traction motor is an electric motor used in the propulsion of electric and hybrid vehicles. It serves as the primary source of mechanical power to drive the wheels and propel the vehicle forward. Traction motors are a key component in the powertrain system, converting electrical energy from the vehicle＇s energy storage system, typically a traction battery, into rotational mechanical energy. They provide the necessary torque and power for acceleration, deceleration, and maintaining the vehicle＇s speed. Traction motors are designed to be highly efficient and are a critical element in determining the overall performance and energy efficiency of electric and hybrid vehicles. The development of advanced and high-performance traction motors is essential for the continued evolution and widespread adoption of electric propulsion technologies in the automotive industry.
The major global manufacturers of Traction Motor include BYD, ZF, Nissan, Continental AG, Meidensha, Broad-Ocean, Jing-Jin Electric Technologies, BMW, BOSCH, Fukuta, Dajun Tech, Hitachi Automotive Systems, Magna, Remy International, Deyang Electrics, Greatland Electrics, 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 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 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 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 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 Traction Motor Include:
BYD
ZF
Nissan
Continental AG
Meidensha
Broad-Ocean
Jing-Jin Electric Technologies
BMW
BOSCH
Fukuta
Dajun Tech
Hitachi Automotive Systems
Magna
Remy International
Deyang Electrics
Greatland Electrics
Traction Motor Product Segment Include:
AC Induction Motor
Permanent Magnet Motor
Others
Traction Motor Product Application Include:
Passenger Cars
Commercial Vehicles
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Traction Motor Industry PESTEL Analysis
Chapter 3: Global Traction Motor Industry Porter's Five Forces Analysis
Chapter 4: Global Traction Motor Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Traction Motor Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global 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, 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 Traction Motor market size will reach 67,316 Million USD in 2025 and is projected to reach 1,306,739 Million USD by 2032, with a CAGR of 52.76% (2025-2032). Notably, the China 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
A traction motor is an electric motor used in the propulsion of electric and hybrid vehicles. It serves as the primary source of mechanical power to drive the wheels and propel the vehicle forward. Traction motors are a key component in the powertrain system, converting electrical energy from the vehicle＇s energy storage system, typically a traction battery, into rotational mechanical energy. They provide the necessary torque and power for acceleration, deceleration, and maintaining the vehicle＇s speed. Traction motors are designed to be highly efficient and are a critical element in determining the overall performance and energy efficiency of electric and hybrid vehicles. The development of advanced and high-performance traction motors is essential for the continued evolution and widespread adoption of electric propulsion technologies in the automotive industry.
The major global manufacturers of Traction Motor include BYD, ZF, Nissan, Continental AG, Meidensha, Broad-Ocean, Jing-Jin Electric Technologies, BMW, BOSCH, Fukuta, Dajun Tech, Hitachi Automotive Systems, Magna, Remy International, Deyang Electrics, Greatland Electrics, 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 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 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 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 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 Traction Motor Include:
BYD
ZF
Nissan
Continental AG
Meidensha
Broad-Ocean
Jing-Jin Electric Technologies
BMW
BOSCH
Fukuta
Dajun Tech
Hitachi Automotive Systems
Magna
Remy International
Deyang Electrics
Greatland Electrics
Traction Motor Product Segment Include:
AC Induction Motor
Permanent Magnet Motor
Others
Traction Motor Product Application Include:
Passenger Cars
Commercial Vehicles
Others
Chapter Scope
Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trend
Chapter 2: Global Traction Motor Industry PESTEL Analysis
Chapter 3: Global Traction Motor Industry Porter's Five Forces Analysis
Chapter 4: Global Traction Motor Major Regional Market Size (Sales, Revenue, Price) and Forecast Analysis
Chapter 5: Global Traction Motor Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)
Chapter 6: Global 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, 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 Traction Motor Market Overview
- 1.1 Product Definition and Statistical Scope
- 1.2 Traction Motor Product by Type
- 1.2.1 AC Induction Motor
- 1.2.2 Permanent Magnet Motor
- 1.2.3 Others
- 1.3 Traction Motor Product by Application
- 1.3.1 Passenger Cars
- 1.3.2 Commercial Vehicles
- 1.3.3 Others
- 1.4 Global Traction Motor Market Revenue and Sales Analysis
- 1.4.1 Global Traction Motor Revenue Market Size Analysis (2020-2032)
- 1.4.2 Global Traction Motor Sales Market Size Analysis (2020-2032)
- 1.4.3 Global Traction Motor Market Sales Price Trend Analysis (2020-2032)
- 1.5 Traction Motor Market Development Status and Trends
- 1.5.1 Traction Motor Industry Development Status Analysis
- 1.5.2 Traction Motor Industry Development Trends Analysis
- 2 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 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 Traction Motor Market Analysis by Country
- 4.1 Global Traction Motor Market Size Analysis by Country: 2024 VS 2025 VS 2032
- 4.1.1 Global Traction Motor Revenue and Market Share by Country (2020-2025)
- 4.1.2 Global Traction Motor Revenue and Market Share Forecast by Country (2026-2032)
- 4.2 Global Traction Motor Sales Analysis by Country: 2024 VS 2025 VS 2032
- 4.2.1 Global Traction Motor Sales and Market Share by Country (2020-2025)
- 4.2.2 Global Traction Motor Sales and Market Share Forecast by Country (2026-2032)
- 4.3 United States Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.4 Germany Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.5 Japan Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.6 China Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.7 France Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.8 U.K. Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.9 South Korea Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.10 Canada Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.11 Italy Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.12 Russia Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.13 Mexico Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.14 Brazil Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.15 India Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.16 Vietnam Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.17 Thailand Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 4.18 South Africa Traction Motor Market Sales, Revenue and Growth Rate (2020-2032)
- 5 Competition by Manufacturers
- 5.1 Global Traction Motor Market Sales, Revenue and Sales Price by Key Manufacturers (2021-2025)
- 5.1.1 Global Traction Motor Market Sales by Key Manufacturers (2021-2025)
- 5.1.2 Global Traction Motor Market Revenue by Key Manufacturers (2021-2025)
- 5.1.3 Global Traction Motor Average Sales Price by Manufacturers (2021-2025)
- 5.2 Traction Motor Competitive Landscape Analysis and Market Dynamic
- 5.2.1 Traction Motor Competitive Landscape Analysis
- 5.2.2 Global Key Manufacturers Headquarter and Key Area Sales
- 5.2.3 Market Dynamic
- 6 Traction Motor Market Analysis by Type
- 6.1 Global Traction Motor Market Revenue Analysis by Type
- 6.1.1 Global Traction Motor Market Size Analysis by Type: 2024 & 2025 & 2032
- 6.1.2 Global Traction Motor Revenue and Forecast Analysis by Type (2020-2032)
- 6.2 Global Traction Motor Sales and Forecast Analysis by Type (2020-2032)
- 6.3 Global Traction Motor Sales Price Trend Analysis by Type (2020-2032)
- 7 Key Companies Analysis
- 7.1 BYD
- 7.1.1 BYD Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.1.2 BYD Traction Motor Product Portfolio
- 7.1.3 BYD Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.2 ZF
- 7.2.1 ZF Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.2.2 ZF Traction Motor Product Portfolio
- 7.2.3 ZF Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.3 Nissan
- 7.3.1 Nissan Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.3.2 Nissan Traction Motor Product Portfolio
- 7.3.3 Nissan Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.4 Continental AG
- 7.4.1 Continental AG Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.4.2 Continental AG Traction Motor Product Portfolio
- 7.4.3 Continental AG Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.5 Meidensha
- 7.5.1 Meidensha Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.5.2 Meidensha Traction Motor Product Portfolio
- 7.5.3 Meidensha Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.6 Broad-Ocean
- 7.6.1 Broad-Ocean Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.6.2 Broad-Ocean Traction Motor Product Portfolio
- 7.6.3 Broad-Ocean 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 Traction Motor Product Portfolio
- 7.7.3 Jing-Jin Electric Technologies Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.8 BMW
- 7.8.1 BMW Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.8.2 BMW Traction Motor Product Portfolio
- 7.8.3 BMW Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.9 BOSCH
- 7.9.1 BOSCH Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.9.2 BOSCH Traction Motor Product Portfolio
- 7.9.3 BOSCH Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.10 Fukuta
- 7.10.1 Fukuta Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.10.2 Fukuta Traction Motor Product Portfolio
- 7.10.3 Fukuta Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.11 Dajun Tech
- 7.11.1 Dajun Tech Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.11.2 Dajun Tech Traction Motor Product Portfolio
- 7.11.3 Dajun Tech Traction Motor Market Data Analysis (Revenue, Sales, Price, Gross Margin and Market Share) (2021-2025)
- 7.12 Hitachi Automotive Systems
- 7.12.1 Hitachi Automotive Systems Basic Company Profile (Employees, Areas Service, Competitors and Contact Information)
- 7.12.2 Hitachi Automotive Systems Tr
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