Global New Energy Vehicle Motor and Controller Market Growth 2025-2031

The global New Energy Vehicle Motor and Controller market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

The motor is one of the three core systems of electric vehicles. It is the main drive system for vehicle driving. Its characteristics determine the main performance indicators of the vehicle and directly affect the vehicle"s dynamics, economy, and user driving experience. An new energy vehicle motor is an electrical device that converts electrical energy into mechanical energy to provide driving force for vehicle driving. The device can also have the function of converting mechanical energy into electrical energy.

The motor controller is mainly composed of heat dissipation module, power semiconductor module, control module, drive module and thin film capacitor, among which the control module includes control chip and power circuit board. The power semiconductor module mainly uses IGBT1 module. As an important signal and energy transmission component in new energy vehicles, the motor controller, on the one hand, receives information from the vehicle controller and control mechanism (brake pedal, accelerator pedal, gear shifting mechanism) to control the work of the motor, and on the other hand, converts the electric energy in the battery into the electric energy that drives the motor.

United States market for New Energy Vehicle Motor and Controller is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

China market for New Energy Vehicle Motor and Controller is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Europe market for New Energy Vehicle Motor and Controller is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.

Global key New Energy Vehicle Motor and Controller players cover Tesla, ZF Group, BorgWarner, BYD, Bosch, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.

LP Information, Inc. (LPI) ' newest research report, the “New Energy Vehicle Motor and Controller Industry Forecast” looks at past sales and reviews total world New Energy Vehicle Motor and Controller sales in 2024, providing a comprehensive analysis by region and market sector of projected New Energy Vehicle Motor and Controller sales for 2025 through 2031. With New Energy Vehicle Motor and Controller sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world New Energy Vehicle Motor and Controller industry.

This Insight Report provides a comprehensive analysis of the global New Energy Vehicle Motor and Controller 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 New Energy Vehicle Motor and Controller portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global New Energy Vehicle Motor and Controller market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for New Energy Vehicle Motor and Controller 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 New Energy Vehicle Motor and Controller.

This report presents a comprehensive overview, market shares, and growth opportunities of New Energy Vehicle Motor and Controller market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
New Energy Vehicle Motor
New Energy Vehicle Motor Controller

Segmentation by Application:
Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)

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.
Tesla
ZF Group
BorgWarner
BYD
Bosch
ZAPI GROUP
Hasco
Nidec Corporation
UAES
XPT
Zhejiang Founder Motor
Shanghai Edrive
Denso
Curtis
MAHLE GmbH
Danfoss
Broad-Ocean
Volkswagen
JJE
Zhuzhou CRRC Times Electric
Inovance Automotive
Ningbo Shuanglin Auto Parts
Hitachi Astemo
Schaeffler
Shenzhen V&T Technologies
JEE
DANA TM4
MEGMEET
Shenzhen Greatland
LG Magna e-Powertrain

Key Questions Addressed in this Report

What is the 10-year outlook for the global New Energy Vehicle Motor and Controller market?

What factors are driving New Energy Vehicle Motor and Controller market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do New Energy Vehicle Motor and Controller market opportunities vary by end market size?

How does New Energy Vehicle Motor and Controller break out by Type, by Application?

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