Global Electric Motors for IC Engine Vehicles Market Growth 2026-2032
Description
The global Electric Motors for IC Engine Vehicles market size is predicted to grow from US$ 16200 million in 2025 to US$ 24713 million in 2032; it is expected to grow at a CAGR of 6.4% from 2026 to 2032.
In 2025, global production of Electric Motors for IC Engine Vehicles reached 920 million units, with an average selling price of USD 18 per unit, total production capacity of 1.01 billion units, and a gross margin of 28%.
Electric Motors for IC Engine Vehicles refer to various auxiliary and functional motors installed in conventional internal combustion engine vehicles and hybrid vehicles. They are mainly used for engine starting, power generation, powertrain control, thermal management, and body and chassis system actuation. Typical applications include starter motors, alternators, electronic throttle motors, electric water pumps, fuel pumps, cooling fans, electric power steering assist motors, and various actuator motors. These motors are typically based on 12V/24V low-voltage systems and serve as critical components to ensure reliable operation, energy efficiency optimization, and driving comfort in ICE vehicles.
The global market for Electric Motors for IC Engine Vehicles is large in scale, with demand closely tied to the production and installed base of conventional ICE vehicles and hybrid vehicles. Despite the rapid penetration of new energy vehicles, ICE vehicles continue to account for a significant share of the global vehicle fleet, particularly in emerging markets and commercial vehicle segments. Increasing vehicle electrification has led to a rising number of motors per vehicle, driving structural growth in motor demand on a per-vehicle basis. Asia-Pacific, especially China, Japan, and India, represents the largest production and consumption region, while North America and Europe maintain technological advantages in high-reliability motors, efficiency optimization, and system integration. Overall, the market is characterized by stable overall volume, ongoing functional upgrades, and clear trends toward higher efficiency, miniaturization, brushless designs, and enhanced durability.
LP Information, Inc. (LPI) ' newest research report, the “Electric Motors for IC Engine Vehicles Industry Forecast” looks at past sales and reviews total world Electric Motors for IC Engine Vehicles sales in 2025, providing a comprehensive analysis by region and market sector of projected Electric Motors for IC Engine Vehicles sales for 2026 through 2032. With Electric Motors for IC Engine Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Motors for IC Engine Vehicles industry.
This Insight Report provides a comprehensive analysis of the global Electric Motors for IC Engine Vehicles 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 Electric Motors for IC Engine Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Motors for IC Engine Vehicles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Motors for IC Engine Vehicles 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 Electric Motors for IC Engine Vehicles.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Motors for IC Engine Vehicles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
AC Motor
DC Motor
Segmentation by Functional Application:
Starter Motors
Alternators / Generator Motors
Segmentation by Vehicle System Application:
Powertrain-related Motors
Body & Chassis System Motors
Segmentation by Motor Type:
DC Motors
Brushless DC Motors (BLDC)
Segmentation by Application:
Passenger Cars
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.
ABB
Hitachi
Aisin Seiki
Johnson Electric
Mitsuba
Nidec
Robert Bosch GmbH
Zytek Automotive Ltd
Helix
EVDrive
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Motors for IC Engine Vehicles market?
What factors are driving Electric Motors for IC Engine Vehicles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Motors for IC Engine Vehicles market opportunities vary by end market size?
How does Electric Motors for IC Engine Vehicles break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2025, global production of Electric Motors for IC Engine Vehicles reached 920 million units, with an average selling price of USD 18 per unit, total production capacity of 1.01 billion units, and a gross margin of 28%.
Electric Motors for IC Engine Vehicles refer to various auxiliary and functional motors installed in conventional internal combustion engine vehicles and hybrid vehicles. They are mainly used for engine starting, power generation, powertrain control, thermal management, and body and chassis system actuation. Typical applications include starter motors, alternators, electronic throttle motors, electric water pumps, fuel pumps, cooling fans, electric power steering assist motors, and various actuator motors. These motors are typically based on 12V/24V low-voltage systems and serve as critical components to ensure reliable operation, energy efficiency optimization, and driving comfort in ICE vehicles.
The global market for Electric Motors for IC Engine Vehicles is large in scale, with demand closely tied to the production and installed base of conventional ICE vehicles and hybrid vehicles. Despite the rapid penetration of new energy vehicles, ICE vehicles continue to account for a significant share of the global vehicle fleet, particularly in emerging markets and commercial vehicle segments. Increasing vehicle electrification has led to a rising number of motors per vehicle, driving structural growth in motor demand on a per-vehicle basis. Asia-Pacific, especially China, Japan, and India, represents the largest production and consumption region, while North America and Europe maintain technological advantages in high-reliability motors, efficiency optimization, and system integration. Overall, the market is characterized by stable overall volume, ongoing functional upgrades, and clear trends toward higher efficiency, miniaturization, brushless designs, and enhanced durability.
LP Information, Inc. (LPI) ' newest research report, the “Electric Motors for IC Engine Vehicles Industry Forecast” looks at past sales and reviews total world Electric Motors for IC Engine Vehicles sales in 2025, providing a comprehensive analysis by region and market sector of projected Electric Motors for IC Engine Vehicles sales for 2026 through 2032. With Electric Motors for IC Engine Vehicles sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Motors for IC Engine Vehicles industry.
This Insight Report provides a comprehensive analysis of the global Electric Motors for IC Engine Vehicles 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 Electric Motors for IC Engine Vehicles portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Electric Motors for IC Engine Vehicles market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Motors for IC Engine Vehicles 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 Electric Motors for IC Engine Vehicles.
This report presents a comprehensive overview, market shares, and growth opportunities of Electric Motors for IC Engine Vehicles market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
AC Motor
DC Motor
Segmentation by Functional Application:
Starter Motors
Alternators / Generator Motors
Segmentation by Vehicle System Application:
Powertrain-related Motors
Body & Chassis System Motors
Segmentation by Motor Type:
DC Motors
Brushless DC Motors (BLDC)
Segmentation by Application:
Passenger Cars
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.
ABB
Hitachi
Aisin Seiki
Johnson Electric
Mitsuba
Nidec
Robert Bosch GmbH
Zytek Automotive Ltd
Helix
EVDrive
Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Motors for IC Engine Vehicles market?
What factors are driving Electric Motors for IC Engine Vehicles market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Motors for IC Engine Vehicles market opportunities vary by end market size?
How does Electric Motors for IC Engine Vehicles break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
96 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 Electric Motors for IC Engine Vehicles 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 Electric Motors for IC Engine Vehicles by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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