Global Compact EV Traction Motor Market Growth 2026-2032
Description
The global Compact EV Traction Motor market size is predicted to grow from US$ million in 2025 to US$ million in 2032; it is expected to grow at a CAGR of %from 2026 to 2032.
In 2024, global compact EV traction motor production reached approximately 24.6 million units, with an average global market price of around US$ 480 per unit.
The gross profit margin of major companies in the industry is between 22% – 38%.
In 2024, the global production capacity of compact EV traction motors was approximately 32.4 million units.
A compact EV traction motor is a high-efficiency electric drive motor designed for electric vehicles, offering reduced size, optimized power density, and lower energy consumption. It provides propulsion torque, regenerative braking capability, and stable performance across various driving conditions.
The industrial chain includes upstream suppliers of silicon steel, copper wire, permanent magnets, motor housings, and electronic control components. The midstream involves motor manufacturers responsible for stator winding, rotor assembly, magnetic circuit optimization, and inverter integration. Downstream applications include battery electric vehicles, hybrid vehicles, two-wheel EVs, commercial EVs, and emerging lightweight mobility platforms.
United States market for Compact EV Traction Motor is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for Compact EV Traction Motor is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for Compact EV Traction Motor is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key Compact EV Traction Motor players cover BMW, Fukuta Motor, Broad-Ocean, BYD, Nissan, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LP Information, Inc. (LPI) ' newest research report, the “Compact EV Traction Motor Industry Forecast” looks at past sales and reviews total world Compact EV Traction Motor sales in 2025, providing a comprehensive analysis by region and market sector of projected Compact EV Traction Motor sales for 2026 through 2032. With Compact EV Traction Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compact EV Traction Motor industry.
This Insight Report provides a comprehensive analysis of the global Compact EV Traction Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Compact EV Traction Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Compact EV Traction Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compact EV Traction Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Compact EV Traction Motor.
This report presents a comprehensive overview, market shares, and growth opportunities of Compact EV Traction Motor market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Oil-Cooled Traction Motor
Liquid-Cooled Traction Motor
Air-Cooled Traction Motor
Segmentation by Motor Type:
Permanent Magnet Synchronous Compact Motor
Induction Compact Motor
Hairpin-Winding Compact Motor
Segmentation by Application:
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BMW
Fukuta Motor
Broad-Ocean
BYD
Nissan
Continental AG
Jing-Jin Electric Technologies
ZF
Groupe Renault
Toyota
Meidensha
BOSCH
UAES
LG
Dajun Tech
SIEMENS
Greatland Electrics
Hitachi Automotive Systems
Magna
Huayu Automotive Electric Systems co., Ltd.
Zhejiang Founder Motor Co., Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Compact EV Traction Motor market?
What factors are driving Compact EV Traction Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Compact EV Traction Motor market opportunities vary by end market size?
How does Compact EV Traction Motor break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2024, global compact EV traction motor production reached approximately 24.6 million units, with an average global market price of around US$ 480 per unit.
The gross profit margin of major companies in the industry is between 22% – 38%.
In 2024, the global production capacity of compact EV traction motors was approximately 32.4 million units.
A compact EV traction motor is a high-efficiency electric drive motor designed for electric vehicles, offering reduced size, optimized power density, and lower energy consumption. It provides propulsion torque, regenerative braking capability, and stable performance across various driving conditions.
The industrial chain includes upstream suppliers of silicon steel, copper wire, permanent magnets, motor housings, and electronic control components. The midstream involves motor manufacturers responsible for stator winding, rotor assembly, magnetic circuit optimization, and inverter integration. Downstream applications include battery electric vehicles, hybrid vehicles, two-wheel EVs, commercial EVs, and emerging lightweight mobility platforms.
United States market for Compact EV Traction Motor is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
China market for Compact EV Traction Motor is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Europe market for Compact EV Traction Motor is estimated to increase from US$ million in 2025 to US$ million by 2032, at a CAGR of % from 2026 through 2032.
Global key Compact EV Traction Motor players cover BMW, Fukuta Motor, Broad-Ocean, BYD, Nissan, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2025.
LP Information, Inc. (LPI) ' newest research report, the “Compact EV Traction Motor Industry Forecast” looks at past sales and reviews total world Compact EV Traction Motor sales in 2025, providing a comprehensive analysis by region and market sector of projected Compact EV Traction Motor sales for 2026 through 2032. With Compact EV Traction Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compact EV Traction Motor industry.
This Insight Report provides a comprehensive analysis of the global Compact EV Traction Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Compact EV Traction Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Compact EV Traction Motor market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compact EV Traction Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Compact EV Traction Motor.
This report presents a comprehensive overview, market shares, and growth opportunities of Compact EV Traction Motor market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Oil-Cooled Traction Motor
Liquid-Cooled Traction Motor
Air-Cooled Traction Motor
Segmentation by Motor Type:
Permanent Magnet Synchronous Compact Motor
Induction Compact Motor
Hairpin-Winding Compact Motor
Segmentation by Application:
Passenger Vehicles
Commercial Vehicles
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
BMW
Fukuta Motor
Broad-Ocean
BYD
Nissan
Continental AG
Jing-Jin Electric Technologies
ZF
Groupe Renault
Toyota
Meidensha
BOSCH
UAES
LG
Dajun Tech
SIEMENS
Greatland Electrics
Hitachi Automotive Systems
Magna
Huayu Automotive Electric Systems co., Ltd.
Zhejiang Founder Motor Co., Ltd
Key Questions Addressed in this Report
What is the 10-year outlook for the global Compact EV Traction Motor market?
What factors are driving Compact EV Traction Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Compact EV Traction Motor market opportunities vary by end market size?
How does Compact EV Traction Motor break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
150 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Compact EV Traction Motor by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Compact EV Traction Motor by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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