Global Motor Shaft for New Energy Vehicles Supply, Demand and Key Producers, 2026-2032
Description
The global Motor Shaft for New Energy Vehicles market size is expected to reach $ 5440 million by 2032, rising at a market growth of 13.9% CAGR during the forecast period (2026-2032).
The motor shaft of a new energy vehicle is a critical component of the electric motor, primarily used to transmit the rotational force generated by the motor to the wheels, thereby propelling the vehicle forward.
In 2024, global sales of motor shafts for new energy vehicles reached 17.7 million units, with an average selling price of USD 101 per unit.
Market Overview: The global new energy vehicle motor shaft market is highly concentrated, with the top five manufacturers accounting for approximately 50% of the global market share. Regionally, the Asia-Pacific region is the largest market, accounting for approximately 50% of the market share. In terms of product types, solid shafts are the largest segment, accounting for approximately 65% of the market share. In downstream applications, passenger vehicles are the primary source of demand, accounting for approximately 93% of the market share.
Development Trends: As global emphasis on environmental protection and energy efficiency continues to grow, the electric vehicle market is expanding rapidly, which will continue to drive demand for new energy vehicle motor shafts. To meet the high-performance requirements of electric vehicles, demand for high-performance motor shafts capable of withstanding high torque and speeds will gradually increase, and motor shaft products will evolve toward higher performance and efficiency.
This report studies the global Motor Shaft for New Energy Vehicles production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Motor Shaft for New Energy Vehicles and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Motor Shaft for New Energy Vehicles that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Motor Shaft for New Energy Vehicles total production and demand, 2021-2032, (K Units)
Global Motor Shaft for New Energy Vehicles total production value, 2021-2032, (USD Million)
Global Motor Shaft for New Energy Vehicles production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Motor Shaft for New Energy Vehicles consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Motor Shaft for New Energy Vehicles domestic production, consumption, key domestic manufacturers and share
Global Motor Shaft for New Energy Vehicles production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Motor Shaft for New Energy Vehicles production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Motor Shaft for New Energy Vehicles production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Motor Shaft for New Energy Vehicles market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Thyssenkrupp, Jin Rixin Shaft, Hirschvogel, Chongqing Chuangjing Warm Forging Forming Company, Pacific Precision Forging, Tekfor, POPPE+POTTHOFF, Leateck, Nanjing Chervon Auto, Zhejiang Nessral, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Motor Shaft for New Energy Vehicles market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Motor Shaft for New Energy Vehicles Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Motor Shaft for New Energy Vehicles Market, Segmentation by Type:
Hollow Shaft
Solid Shaft
Global Motor Shaft for New Energy Vehicles Market, Segmentation by Application:
Passenger Car
Commercial Vehicle
Companies Profiled:
Thyssenkrupp
Jin Rixin Shaft
Hirschvogel
Chongqing Chuangjing Warm Forging Forming Company
Pacific Precision Forging
Tekfor
POPPE+POTTHOFF
Leateck
Nanjing Chervon Auto
Zhejiang Nessral
Feida Precision Manufacturing
Chongqing Longwen Machinery Equipment Co., Ltd.
Jiangxi Sunlead Precision Seiko
Key Questions Answered:
1. How big is the global Motor Shaft for New Energy Vehicles market?
2. What is the demand of the global Motor Shaft for New Energy Vehicles market?
3. What is the year over year growth of the global Motor Shaft for New Energy Vehicles market?
4. What is the production and production value of the global Motor Shaft for New Energy Vehicles market?
5. Who are the key producers in the global Motor Shaft for New Energy Vehicles market?
6. What are the growth factors driving the market demand?
The motor shaft of a new energy vehicle is a critical component of the electric motor, primarily used to transmit the rotational force generated by the motor to the wheels, thereby propelling the vehicle forward.
In 2024, global sales of motor shafts for new energy vehicles reached 17.7 million units, with an average selling price of USD 101 per unit.
Market Overview: The global new energy vehicle motor shaft market is highly concentrated, with the top five manufacturers accounting for approximately 50% of the global market share. Regionally, the Asia-Pacific region is the largest market, accounting for approximately 50% of the market share. In terms of product types, solid shafts are the largest segment, accounting for approximately 65% of the market share. In downstream applications, passenger vehicles are the primary source of demand, accounting for approximately 93% of the market share.
Development Trends: As global emphasis on environmental protection and energy efficiency continues to grow, the electric vehicle market is expanding rapidly, which will continue to drive demand for new energy vehicle motor shafts. To meet the high-performance requirements of electric vehicles, demand for high-performance motor shafts capable of withstanding high torque and speeds will gradually increase, and motor shaft products will evolve toward higher performance and efficiency.
This report studies the global Motor Shaft for New Energy Vehicles production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Motor Shaft for New Energy Vehicles and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Motor Shaft for New Energy Vehicles that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Motor Shaft for New Energy Vehicles total production and demand, 2021-2032, (K Units)
Global Motor Shaft for New Energy Vehicles total production value, 2021-2032, (USD Million)
Global Motor Shaft for New Energy Vehicles production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Motor Shaft for New Energy Vehicles consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Motor Shaft for New Energy Vehicles domestic production, consumption, key domestic manufacturers and share
Global Motor Shaft for New Energy Vehicles production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Motor Shaft for New Energy Vehicles production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Motor Shaft for New Energy Vehicles production by Application, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Motor Shaft for New Energy Vehicles market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Thyssenkrupp, Jin Rixin Shaft, Hirschvogel, Chongqing Chuangjing Warm Forging Forming Company, Pacific Precision Forging, Tekfor, POPPE+POTTHOFF, Leateck, Nanjing Chervon Auto, Zhejiang Nessral, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Motor Shaft for New Energy Vehicles market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Motor Shaft for New Energy Vehicles Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Motor Shaft for New Energy Vehicles Market, Segmentation by Type:
Hollow Shaft
Solid Shaft
Global Motor Shaft for New Energy Vehicles Market, Segmentation by Application:
Passenger Car
Commercial Vehicle
Companies Profiled:
Thyssenkrupp
Jin Rixin Shaft
Hirschvogel
Chongqing Chuangjing Warm Forging Forming Company
Pacific Precision Forging
Tekfor
POPPE+POTTHOFF
Leateck
Nanjing Chervon Auto
Zhejiang Nessral
Feida Precision Manufacturing
Chongqing Longwen Machinery Equipment Co., Ltd.
Jiangxi Sunlead Precision Seiko
Key Questions Answered:
1. How big is the global Motor Shaft for New Energy Vehicles market?
2. What is the demand of the global Motor Shaft for New Energy Vehicles market?
3. What is the year over year growth of the global Motor Shaft for New Energy Vehicles market?
4. What is the production and production value of the global Motor Shaft for New Energy Vehicles market?
5. Who are the key producers in the global Motor Shaft for New Energy Vehicles market?
6. What are the growth factors driving the market demand?
Table of Contents
116 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by Application
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
Pricing
Currency Rates
Questions or Comments?
Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
