Axial Flux Electric Motor - Global Industry Market Analysis Report 2020-2031

The axial flux motor is a device that converts electrical energy into mechanical energy. Unlike the common radial flux motor, it has a unique design in the motor structure and magnetic field distribution. The history of this motor can be traced back to 1821. The world's first motor invented by Michael Faraday was of the axial flux type. However, due to the limitations of materials and technology at the time, its further development was restricted. It was not until recent years that the axial flux motor has regained widespread attention with the advancement of material science and manufacturing technology.

Its working principle is based on the law of electromagnetic induction. In the motor structure, the stator and rotor achieve energy conversion through electromagnetic interaction. When current passes through the stator winding, an axial magnetic field is generated, that is, the direction of the magnetic field is parallel to the rotation axis of the motor. This magnetic field interacts with the magnetic field generated by the permanent magnets or the energized windings on the rotor, thereby generating electromagnetic force, driving the rotor to rotate around the axis, and realizing the conversion of electrical energy to mechanical energy. Specifically, in the axial flux motor, the rotor disk is located next to the stator, and the axial magnetic force causes movement in the rotor. This unique magnetic field distribution and structural design make the motor have some special performance during operation.

Axial flux motors are mainly composed of two parts: the stator and the rotor. The rotor is the rotating part of the motor, which usually includes a shaft for mounting the application equipment, and a disc or block structure with permanent magnets. The permanent magnets produce a constant magnetic field and its direction is parallel to the shaft. Some rotors also contain ferrous iron to enhance the overall electromagnetic performance. The stator is the stationary part of the motor. It has a housing that supports the printed circuit board (PCB) and the coil. The coil is made of multiple turns of copper wire, and the electromagnetic field is generated when the current passes through it. The PCB cable assembly is responsible for providing the required electrical input to the coil and the motor. In addition, the stator assembly also contains bearings to ensure that the rotor can rotate smoothly.

Axial flux motors can be divided into many types according to different design and application requirements. According to the shape of the magnet, there are oblique fan-shaped axial flux motor magnets. For slotted motors, the traditional fan-shaped magnets will produce cogging torque due to the interaction between the permanent magnets and the stator teeth, resulting in torque fluctuations, vibration and noise. Changing them to oblique fan-shaped ones can effectively suppress the cogging torque; there are also laminated axial flux motor magnets. Axial flux motors have eddy current losses, and high-temperature demagnetization will also affect the working efficiency. The use of magnet segmentation technology can reduce eddy current losses, and the horizontal segmentation effect is better than the vertical segmentation.

Axial flux motors have many advantages. In terms of power density, it can provide higher power output in a compact design, which means that at the same volume or weight, axial flux motors can generate more power to meet some application scenarios with higher power requirements. In terms of size and weight, its flat structural design makes it more compact and lightweight. Compared with traditional radial flux motors, axial flux motors have a lower length-to-diameter ratio (l/d), and are sometimes called pancake motors. This small and lightweight feature not only saves space, but also reduces the weight of the entire device. For example, in electric vehicles, it can reduce the use of materials such as copper, iron and permanent magnets required for motor production, and can be arranged in narrower places, such as the notch of a car wheel hub. In terms of efficiency, due to its effective use of magnetic flux, the motor has lower energy loss and higher efficiency during operation. Many axial flux motors use a coreless design, which further reduces losses, reduces cogging, and improves overall performance. In terms of torque performance, it can produce a larger torque in a smaller volume because its torque is proportional to the cube of the rotor radius. Compared with the radial flux motor, which is proportional to the square of the rotor radius, it can produce higher torque figures at the same size. In addition, its flat design also simplifies the heat dissipation process, making the motor have better heat dissipation during operation, and has higher flexibility in design, which can be customized according to different application scenarios.

Axial flux motors are widely used in many fields. In the field of electric vehicles, their compact design and high torque density can improve the vehicle's cruising range and power performance. High-performance models such as Mercedes-Benz Vision One-Eleven pure electric concept car, Ferrari SF90 Stradale, 296GTB and McLaren Artura are equipped with axial flux motors. The weight of axial flux motors on some models is only 1/3 of that of ordinary motors with the same output power. Under the same output power, the volume of axial flux motors is 50% smaller and 50% lighter than that of radial flux motors, and the driving efficiency is higher, which can achieve 5-10% improvement in efficiency and cruising range. In the field of aerospace and drones, its lightweight and high efficiency are crucial, which helps to reduce the weight of aircraft and improve flight performance and endurance. In the field of wind power generation, high power density axial flux motors can provide support for wind turbines and help efficient power generation of renewable energy. In the field of industrial automation, its compact size and high efficiency can improve the working efficiency and operation stability of mechanical equipment.

At present, although axial flux motors show great potential, they also face some challenges in the development process. For example, in the manufacturing process, it is difficult to accurately control the uniform air gap between the rotor and the stator. A small deviation in the air gap may cause torque fluctuations, which in turn affects the output parameters and overall performance of the motor. In addition, the manufacture of high-precision parts, molds, and precision assembly will lead to higher production costs. However, as the scale of production expands, the cost is expected to decrease.

Looking to the future, with the continuous breakthroughs and innovations in technology, axial flux motors are expected to be applied and promoted in more fields, further promoting the development of related industries. For example, in emerging electric ships, electric aircraft, and robots, axial flux motors will also occupy an important position with their advantages.

Report Scope

This report aims to deliver a thorough analysis of the global market for Axial Flux Electric Motor, offering both quantitative and qualitative insights to assist readers in formulating business growth strategies, evaluating the competitive landscape, understanding their current market position, and making well-informed decisions regarding Axial Flux Electric Motor.

The report is enriched with qualitative evaluations, including market drivers, challenges, Porter’s Five Forces, regulatory frameworks, consumer preferences, and ESG (Environmental, Social, and Governance) factors.

The report provides detailed classification of Axial Flux Electric Motor, such as type, etc.; detailed examples of Axial Flux Electric Motor applications, such as application one, etc., and provides comprehensive historical (2020-2025) and forecast (2026-2031) market size data.

The report provides detailed classification of Axial Flux Electric Motor, such as Dual-rotor Single-stator Type, Single-rotor Dual-stator Type, etc.; detailed examples of Axial Flux Electric Motor applications, such as Electric Buses, Electric Trucks, Electric Supercars, Other, etc., and provides comprehensive historical (2020-2025) and forecast (2026-2031) market size data.

The report covers key global regions—North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa—providing granular, country-specific insights for major markets such as the United States, China, Germany, and Brazil.

The report deeply explores the competitive landscape of Axial Flux Electric Motor products, details the sales, revenue, and regional layout of some of the world's leading manufacturers, and provides in-depth company profiles and contact details.

The report contains a comprehensive industry chain analysis covering raw materials, downstream customers and sales channels.

Core Chapters

Chapter One: Introduces the study scope of this report, market status, market drivers, challenges, porters five forces analysis, regulatory policy, consumer preference, market attractiveness and ESG analysis.
Chapter Two: market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter Three: Axial Flux Electric Motor market sales and revenue in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter Four: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter Five: Detailed analysis of Axial Flux Electric Motor manufacturers competitive landscape, price, sales, revenue, market share, footprint, merger, and acquisition information, etc.
Chapter Six: Provides profiles of leading manufacturers, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction.
Chapter Seven: Analysis of industrial chain, key raw materials, customers and sales channel.
Chapter Eight: Key Takeaways and Final Conclusions
Chapter Nine: Methodology and Sources.


1 Axial Flux Electric Motor Market Overview and Qualitative Analysis
1.1 Axial Flux Electric Motor Product Definition and Statistical Scope
1.2 Axial Flux Electric Motor Market Status and Outlook
1.2.1 Axial Flux Electric Motor Market Revenue Estimates and Forecasts 2020-2031
1.2.2 Axial Flux Electric Motor Market Sales Estimates and Forecasts 2020-2031
1.3 Axial Flux Electric Motor Market Driver Analysis
1.4 Axial Flux Electric Motor Market Challenges Analysis
1.5 Porter's Five Forces Analysis
1.5.1 Bargaining Power of Suppliers
1.5.2 Bargaining Power of Buyers/Consumers
1.5.3 Threat of New Entrants
1.5.4 Threat of Substitute Products
1.5.5 Intensity of Competitive Rivalry
1.6 Regulatory Policy Analysis
1.7 Consumer Preference Analysis
1.8 Market Attractiveness Analysis
1.9 ESG (Environmental, Social and Governance) Analysis
2 Axial Flux Electric Motor Market Type Estimates & Trend Analysis
2.1 Axial Flux Electric Motor Type Dashboard
2.2 Axial Flux Electric Motor Market by Type
2.2.1 Dual-rotor Single-stator Type
2.2.2 Single-rotor Dual-stator Type
2.3 Global Axial Flux Electric Motor Market Size by Type
2.3.1 Historical Analysis of the Global Axial Flux Electric Motor Market Size by Type (2020-2025)
2.3.2 Projected Analysis of Global Axial Flux Electric Motor Market Size by Type (2026–2031)
3 Axial Flux Electric Motor Market Geography Estimates & Trend Analysis
3.1 Axial Flux Electric Motor Geography Dashboard
3.2 Global Axial Flux Electric Motor Historic Market Size by Region
3.2.1 Global Axial Flux Electric Motor Market Sales by Region (2020-2025)
3.2.2 Global Axial Flux Electric Motor Market Revenue by Region (2020-2025)
3.3 Global Axial Flux Electric Motor Forecasted Market Size by Region
3.3.1 Global Axial Flux Electric Motor Market Sales by Region (2026-2031)
3.3.2 Global Axial Flux Electric Motor Market Revenue by Region (2026-2031)
3.4 North America Axial Flux Electric Motor Market by Country
3.4.1 North America Axial Flux Electric Motor Market Sales by Country (2020-2031)
3.4.2 North America Axial Flux Electric Motor Market Revenue by Country (2020-2031)
3.4.3 United States Axial Flux Electric Motor Market Sales, Revenue and Growth Rate (2020-2031)
3.4.4 Canada Axial Flux Electric Motor Market Sales, Revenue and Growth Rate (2020-2031)
3.5 Europe Axial Flux Electric Motor Market by Country
3.5.1 Europe Axial Flux Electric Motor Market Sale by Country (2020-2031)
3.5.2 Europe Axial Flux Electric Motor Market Revenue by Country (2020-2031)
3.5.3 Germany Market Sales, Revenue and Growth Rate (2020-2031)
3.5.4 France Market Sales, Revenue and Growth Rate (2020-2031)
3.5.5 U.K. Market Sales, Revenue and Growth Rate (2020-2031)
3.5.6 Italy Market Sales, Revenue and Growth Rate (2020-2031)
3.5.7 Spain Market Sales, Revenue and Growth Rate (2020-2031)
3.6 Asia-Pacific Axial Flux Electric Motor Market by Region
3.6.1 Asia-Pacific Axial Flux Electric Motor Market Sales by Region (2020-2031)
3.6.2 Asia-Pacific Axial Flux Electric Motor Market Revenue by Region (2020-2031)
3.6.3 China Market Sales, Revenue and Growth Rate (2020-2031)
3.6.4 Japan Market Sales, Revenue and Growth Rate (2020-2031)
3.6.5 South Korea Market Sales, Revenue and Growth Rate (2020-2031)
3.6.6 India Market Sales, Revenue and Growth Rate (2020-2031)
3.6.7 Southeast Asia Market Sales, Revenue and Growth Rate (2020-2031)
3.7 Latin America Axial Flux Electric Motor Market by Country
3.7.1 Latin America Axial Flux Electric Motor Market Sales by Country (2020-2031)
3.7.2 Latin America Axial Flux Electric Motor Market Revenue by Country (2020-2031)
3.7.3 Mexico Market Sales, Revenue and Growth Rate (2020-2031)
3.7.4 Brazil Market Sales, Revenue and Growth Rate (2020-2031)
3.8 Middle East and Africa Axial Flux Electric Motor Market by Country
3.8.1 Middle East and Africa Axial Flux Electric Motor Market Sales by Country (2020-2031)
3.8.2 Middle East and Africa Axial Flux Electric Motor Market Revenue by Country (2020-2031)
3.8.3 Turkey Market Sales, Revenue and Growth Rate (2020-2031)
3.8.4 Saudi Arabia Market Sales, Revenue and Growth Rate (2020-2031)
3.8.5 South Africa Market Sales, Revenue and Growth Rate (2020-2031)
4 Axial Flux Electric Motor Market Application Estimates & Trend Analysis
4.1 Axial Flux Electric Motor Market Application Dashboard
4.2 Axial Flux Electric Motor Market by Application
4.2.1 Electric Buses
4.2.2 Electric Trucks
4.2.3 Electric Supercars
4.2.4 Other
4.3 Global Axial Flux Electric Motor Market Size by Application
4.3.1 Historical Analysis of Global Axial Flux Electric Motor Market Size by Application (2020-2025)
4.3.2 Projected Analysis of Global Axial Flux Electric Motor Market Size by Application (2026-2031)
5 Axial Flux Electric Motor Market Competitive Landscape Analysis
5.1 Global Axial Flux Electric Motor Leading Manufacturers’ Market Sales Performance and Share Analysis
5.2 Global Axial Flux Electric Motor Leading Manufacturers’ Market Revenue Performance and Share Analysis
5.3 Global Axial Flux Electric Motor Leading Manufacturers’ Average Sales Price (2020-2025)
5.4 Global Axial Flux Electric Motor Leading Manufacturers’ Regional Footprint (Headquarters, Manufacturing Base and Sales Ares)
5.5 Mergers and Acquisition Analysis
6 Leading Manufacturers’ Company Profiles
6.1 Turntide Technologies
6.1.1 Turntide Technologies Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.1.2 Turntide Technologies Introduction and Business Overview
6.1.3 Turntide Technologies Axial Flux Electric Motor Product Portfolio
6.1.4 Turntide Technologies Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.2 YASA
6.2.1 YASA Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.2.2 YASA Introduction and Business Overview
6.2.3 YASA Axial Flux Electric Motor Product Portfolio
6.2.4 YASA Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.3 Magnax
6.3.1 Magnax Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.3.2 Magnax Introduction and Business Overview
6.3.3 Magnax Axial Flux Electric Motor Product Portfolio
6.3.4 Magnax Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.4 EMRAX
6.4.1 EMRAX Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.4.2 EMRAX Introduction and Business Overview
6.4.3 EMRAX Axial Flux Electric Motor Product Portfolio
6.4.4 EMRAX Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.5 Phi-Power
6.5.1 Phi-Power Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.5.2 Phi-Power Introduction and Business Overview
6.5.3 Phi-Power Axial Flux Electric Motor Product Portfolio
6.5.4 Phi-Power Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.6 Saietta
6.6.1 Saietta Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.6.2 Saietta Introduction and Business Overview
6.6.3 Saietta Axial Flux Electric Motor Product Portfolio
6.6.4 Saietta Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.7 Beyond Motors
6.7.1 Beyond Motors Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.7.2 Beyond Motors Introduction and Business Overview
6.7.3 Beyond Motors Axial Flux Electric Motor Product Portfolio
6.7.4 Beyond Motors Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.8 Evolito
6.8.1 Evolito Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.8.2 Evolito Introduction and Business Overview
6.8.3 Evolito Axial Flux Electric Motor Product Portfolio
6.8.4 Evolito Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.9 Naxatra Labs
6.9.1 Naxatra Labs Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.9.2 Naxatra Labs Introduction and Business Overview
6.9.3 Naxatra Labs Axial Flux Electric Motor Product Portfolio
6.9.4 Naxatra Labs Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.10 Miba
6.10.1 Miba Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.10.2 Miba Introduction and Business Overview
6.10.3 Miba Axial Flux Electric Motor Product Portfolio
6.10.4 Miba Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.11 Hangzhou Zhonghao Electric Science and Technology
6.11.1 Hangzhou Zhonghao Electric Science and Technology Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.11.2 Hangzhou Zhonghao Electric Science and Technology Introduction and Business Overview
6.11.3 Hangzhou Zhonghao Electric Science and Technology Axial Flux Electric Motor Product Portfolio
6.11.4 Hangzhou Zhonghao Electric Science and Technology Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.12 PanGood
6.12.1 PanGood Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.12.2 PanGood Introduction and Business Overview
6.12.3 PanGood Axial Flux Electric Motor Product Portfolio
6.12.4 PanGood Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.13 INN-MAG New Energy Technology
6.13.1 INN-MAG New Energy Technology Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.13.2 INN-MAG New Energy Technology Introduction and Business Overview
6.13.3 INN-MAG New Energy Technology Axial Flux Electric Motor Product Portfolio
6.13.4 INN-MAG New Energy Technology Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
6.14 MAGELEC Propulsion
6.14.1 MAGELEC Propulsion Overview (Basic Corporate Information, Manufacturing Footprint, Geographic Sales Presence and Key Competitors)
6.14.2 MAGELEC Propulsion Introduction and Business Overview
6.14.3 MAGELEC Propulsion Axial Flux Electric Motor Product Portfolio
6.14.4 MAGELEC Propulsion Axial Flux Electric Motor Market Performance Analysis (Revenue, Sales, Price, Gross Margin and Market Share)
7 Industry Chain Analysis
7.1 Upstream Key Raw Materials
7.1.1 Raw Materials A Definition and Suppliers
7.1.2 Raw Materials B Definition and Suppliers
7.1.3 Raw Materials C Definition and Suppliers
7.2 Axial Flux Electric Motor Typical Downstream Customers
7.3 Axial Flux Electric Motor Sales Channel Analysis
8 Key Takeaways and Final Conclusions
9 Methodology and Sources
9.1 Research Methodology
9.2 Data Mining
9.2.1 Preliminary Data Sources
9.2.2 Secondary Sources
9.3 Industry Analysis Matrix
9.4 Disclaimer

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