Electric Vehicle Traction Motor Global Market Report 2024

Description

An electric vehicle traction motor is responsible for driving the wheels of a vehicle, converting electrical energy into mechanical energy to propel the vehicle beyond aerodynamic drag, rolling resistance drag, and kinetic resistance.

The primary types of electric vehicle traction motors include permanent-magnet synchronous EV traction motors (PSM) and asynchronous EV traction motors (ASM). PSMs excel in torque-to-current ratios, power-to-weight ratios, efficiency, and robustness, making them widely used in modern variable-speed AC drives. Electric vehicle traction motors are categorized based on voltage ratings, including high-voltage EV traction motors and low-voltage EV traction motors. These traction motors find application in various vehicle types, such as hybrid vehicles, battery electric vehicles, and fuel-cell electric vehicles. They are utilized in diverse applications, including railways, passenger and commercial vehicles, and other automotive applications.

The electric vehicle traction motors market research report is one of a series of new reports from The Business Research Company that provides electric vehicle traction motors market statistics, including electric vehicle traction motors industry global market size, regional shares, competitors with an electric vehicle traction motors market share, detailed electric vehicle traction motors market segments, market trends and opportunities, and any further data you may need to thrive in the electric vehicle traction motors industry. This electric vehicle traction motors market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The electric vehicle traction motor market size has grown exponentially in recent years. It will grow from $8.91 billion in 2023 to $12.78 billion in 2024 at a compound annual growth rate (CAGR) of 43.5%. The historical growth can be attributed to increased sales of hybrid electric vehicles (HEVs), a rise in disposable income, a growing focus on electric vehicles, and a surge in urbanization.

The electric vehicle traction motor market size is expected to see exponential growth in the next few years. It will grow to $50.65 billion in 2028 at a compound annual growth rate (CAGR) of 41.1%. Projected growth is driven by railway network expansion, strict environmental regulations, and increased demand for energy-efficient motors. Key trends include a focus on sustainability in the entire electric vehicle supply chain, adoption of rare-earth-free motors, partnerships, innovative motor designs, and investments for financial strength and product portfolio improvement.

The electric vehicle traction motor market is anticipated to experience growth propelled by the increased sales of hybrid electric vehicles. Hybrid electric vehicles, integrating internal combustion engines with electric propulsion systems, are witnessing rapid sales growth, contributing to heightened demand for traction motors, integral components in these vehicles. For instance, in February 2022, the U.S. electric vehicle market recorded sales of 59,664 hybrid vehicles, marking a 10.2% increase from February 2021, with 15,763 cars and 43,801 light trucks. Toyota held a significant 63.7% share of total hybrid sales in February, with the Prius model accounting for 3.9% of hybrid vehicle sales. The upward trend in hybrid electric vehicle sales is expected to drive the demand for electric vehicle traction motors in the forecast period.

Stringent environmental regulations and emission requirements are poised to be key drivers for the growth of the electric vehicle traction motor market. Global efforts to reduce emissions and address climate change are leading governments to implement regulations mandating lower-emission vehicles from automakers. Electric vehicles, with their zero tailpipe emissions, are gaining popularity in response to these regulations. The traction motor, a crucial component in electric vehicles, experiences heightened demand as the adoption of electric vehicles increases. In 2022, the U.S. Environmental Protection Agency (EPA) approved guidelines for new vehicle emissions through 2026, resulting in an anticipated reduction of 3.1 billion tons of CO2 emissions by 2050. Furthermore, the U.S. government aims for 50% of all new vehicles produced in 2030 to be electric or plug-in hybrid versions. Consequently, the escalating environmental regulations and more stringent emission requirements are expected to drive demand for electric vehicles and their components, including electric vehicle traction motors.

A key trend gaining momentum in the electric vehicle traction motor market is technological advancement. Numerous companies operating in this space are actively engaged in the development of new products and technologies to enhance their positions within the market. One notable example is Nidec, which, in August 2021, introduced the E-Axle, an EV traction motor system comprising three components such as a motor, an inverter, and a reducer. This system, mountable in a vehicle, is designed to generate rotating torque from the drive shaft attached to the tires, propelling the vehicle when powered by electricity. Nidec implemented a new cassette inserter method to achieve high productivity and wire-winding performance for the E-Axle. Additionally, the E-Axle features a new cooling mechanism, showcasing Nidec's commitment to advancing technology in electric vehicle traction motors.

A noteworthy trend in the electric vehicle traction motor market is the increasing adoption of rare-earth-free motors. These motors operate without relying on rare-earth metals, such as neodymium and dysprosium, which are commonly used in the production of permanent magnets-an essential component in many electric vehicle traction motors. The shift towards rare-earth-free EV traction motors is driven by a growing awareness of the volatility and geopolitical factors affecting the supply of rare-earth metals. Manufacturers are actively exploring alternative materials and designs to reduce dependence on rare-earth metals. For instance, in July 2022, MAHLE, a Germany-based automotive parts manufacturer, launched a high-performance electric vehicle traction motor featuring a novel cooling technique. Notably, this electric motor is manufactured without the use of rare earth elements, offering a clean, lightweight, and efficient solution to meet the evolving demands of the electric vehicle market.

In June 2021, Turntide Technologies, a US-based intelligent and sustainable motor systems company, successfully acquired AVID Technology Limited for an undisclosed sum. This strategic move supports Turntide's goal of decarbonizing the transportation industry by offering a high-performance alternative to the use of rare earth magnets in electric vehicles. AVID Technology Limited, the acquired company, is based in the UK and specializes in producing electrified powertrain components, traction motors, and systems.

Major companies operating in the electric vehicle traction motor market report are Siemens, ABB Limited, Hitachi Ltd., CRRC Corporation Limited, AB SKF, Robert Bosch GMBH, Mitsubishi Motors Corporation, Parker-Hannifin Corp, Bharat Heavy Electricals Ltd., Nidec Corporation, Kawasaki Heavy Industries Ltd., Ametek Inc., Mitsubishi Electric Corporation, CG Power & Industrial Solutions Ltd., Toshiba Corporation, Alstom Logo, EUROLOOP Ltd., Born Electric, GarageStore, Continental AG, Ford Motor Company, Fiat Chrysler Automobiles, Nissan, Rivian Automotive, VIA Motors, Chevrolet, Lucid, WEG, Eberle Motors, Voges Motors, Nova Motores, Cestari Industrial e Commercial S.A, Tintori Motores Eletricos, Motomil Motores Eletricos, Taizhou Dongchun Motor Co. Ltd., Iconiq Motors, One Moto, MG Motor, M Glory Holding Group, General Electric, wattEV2buy, Solzen Hunters, Malesedi Energy Solutions, Forever Powered, Zimi Charge

Asia-Pacific was the largest region in the electric vehicle traction motor market in 2023. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the electric vehicle traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the electric vehicle traction motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Italy, Spain, Canada.

The electric vehicle traction motor market consists of sales of DC motors, brushless DC motors, permanent magnet synchronous motors, three-phase induction motors, and switched reluctance motors. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Electric Vehicle Traction Motor Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on electric vehicle traction motor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

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Where is the largest and fastest growing market for electric vehicle traction motor? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The electric vehicle traction motor market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

The market characteristics section of the report defines and explains the market.
The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
The forecasts are made after considering the major factors currently impacting the market. These include:

The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.

The impact of higher inflation in many countries and the resulting spike in interest rates.

The continued but declining impact of covid 19 on supply chains and consumption patterns.

Market segmentations break down the market into sub markets.
The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Scope

Markets Covered:

1) By Motor Type: Permanent Magnet Synchronous EV Traction Motors (PMSM); Asynchronous EV Traction Motors (ASM)
2) By Voltage Ratings: High Voltage EV Traction Motors; Low Voltage EV Traction Motors
3) By Vehicle Type: Hybrid Vehicles; Battery Electric Vehicles; Fuel Cell Electric Vehicles
4) By Application: Railways; Passenger And Commercial Vehicles; Other Applications
Companies Mentioned: Siemens; ABB Limited; Hitachi Ltd; CRRC Corporation Limited; AB SKF
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.

Product Code: r14760

1. Executive Summary

2. Electric Vehicle Traction Motor Market Characteristics

3. Electric Vehicle Traction Motor Market Trends And Strategies

4. Electric Vehicle Traction Motor Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Electric Vehicle Traction Motor Market Size and Growth

5.1. Global Electric Vehicle Traction Motor Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Electric Vehicle Traction Motor Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Electric Vehicle Traction Motor Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Electric Vehicle Traction Motor Market Segmentation

6.1. Global Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Permanent Magnet Synchronous EV Traction Motors (PSM)
Asynchronous EV Traction Motors (ASM)
6.2. Global Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
High Voltage EV Traction Motors
Low Voltage EV Traction Motors
6.3. Global Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Electric Vehicles
Plug-in Hybrid Electric Vehicles
Mild Hybrid Vehicles
Full Hybrid Vehicles
6.4. Global Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Railways
Electric Vehicle
Other Applications

7. Electric Vehicle Traction Motor Market Regional And Country Analysis

7.1. Global Electric Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Electric Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Electric Vehicle Traction Motor Market

8.1. Asia-Pacific Electric Vehicle Traction Motor Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Electric Vehicle Traction Motor Market

9.1. China Electric Vehicle Traction Motor Market Overview
9.2. China Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Electric Vehicle Traction Motor Market

10.1. India Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Electric Vehicle Traction Motor Market

11.1. Japan Electric Vehicle Traction Motor Market Overview
11.2. Japan Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Electric Vehicle Traction Motor Market

12.1. Australia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Electric Vehicle Traction Motor Market

13.1. Indonesia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Electric Vehicle Traction Motor Market

14.1. South Korea Electric Vehicle Traction Motor Market Overview
14.2. South Korea Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Electric Vehicle Traction Motor Market

15.1. Western Europe Electric Vehicle Traction Motor Market Overview
15.2. Western Europe Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Electric Vehicle Traction Motor Market

16.1. UK Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Electric Vehicle Traction Motor Market

17.1. Germany Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Electric Vehicle Traction Motor Market

18.1. France Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Electric Vehicle Traction Motor Market

19.1. Italy Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Electric Vehicle Traction Motor Market

20.1. Spain Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Electric Vehicle Traction Motor Market

21.1. Eastern Europe Electric Vehicle Traction Motor Market Overview
21.2. Eastern Europe Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Electric Vehicle Traction Motor Market

22.1. Russia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Electric Vehicle Traction Motor Market

23.1. North America Electric Vehicle Traction Motor Market Overview
23.2. North America Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Electric Vehicle Traction Motor Market

24.1. USA Electric Vehicle Traction Motor Market Overview
24.2. USA Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Electric Vehicle Traction Motor Market

25.1. Canada Electric Vehicle Traction Motor Market Overview
25.2. Canada Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Electric Vehicle Traction Motor Market

26.1. South America Electric Vehicle Traction Motor Market Overview
26.2. South America Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Electric Vehicle Traction Motor Market

27.1. Brazil Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Electric Vehicle Traction Motor Market

28.1. Middle East Electric Vehicle Traction Motor Market Overview
28.2. Middle East Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Electric Vehicle Traction Motor Market

29.1. Africa Electric Vehicle Traction Motor Market Overview
29.2. Africa Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Electric Vehicle Traction Motor Market Competitive Landscape And Company Profiles

30.1. Electric Vehicle Traction Motor Market Competitive Landscape
30.2. Electric Vehicle Traction Motor Market Company Profiles
- 30.2.1. Siemens
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. ABB Limited
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. Hitachi Ltd
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. CRRC Corporation Limited
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. AB SKF
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Electric Vehicle Traction Motor Market Other Major And Innovative Companies

31.1. Robert Bosch GMBH
31.2. Mitsubishi Motors Corporation
31.3. Parker-Hannifin Corp
31.4. Bharat Heavy Electricals Ltd
31.5. Nidec Corporation
31.6. Kawasaki Heavy Industries Ltd
31.7. Ametek Inc
31.8. Mitsubishi Electric Corporation
31.9. CG Power & Industrial Solutions Ltd
31.10. Toshiba Corporation
31.11. Alstom Logo
31.12. EUROLOOP Ltd
31.13. Born Electric
31.14. GarageStore
31.15. Continental AG

32. Global Electric Vehicle Traction Motor Market Competitive Benchmarking

33. Global Electric Vehicle Traction Motor Market Competitive Dashboard

34. Key Mergers And Acquisitions In The Electric Vehicle Traction Motor Market

35. Electric Vehicle Traction Motor Market Future Outlook and Potential Analysis

35.1 Electric Vehicle Traction Motor Market In 2028 - Countries Offering Most New Opportunities
35.2 Electric Vehicle Traction Motor Market In 2028 - Segments Offering Most New Opportunities
35.3 Electric Vehicle Traction Motor Market In 2028 - Growth Strategies
- 35.3.1 Market Trend Based Strategies
- 35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations
36.2. Currencies
36.3. Historic And Forecast Inflation Rates
36.4. Research Inquiries
36.5. The Business Research Company
36.6. Copyright And Disclaimer