The Automotive Traction Motor Market is expected to be around US$ 18.4 Billion by 2027 at a CAGR of 33.5% in the given forecast period.
The global Automotive Traction Motor market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Tracti
Samarth Konapure
Rising investments in Electric Vehicle (EVs) coupled with increasing demand for energy-efficient motors are few of the key growth factors. Automotive traction motor has low power consumption and high efficiency due to which it is experiencing an increased demand for EVs. Moreover, stringent environmental regulation and emission norms to protect environmental sustainability are propelling the demand for EVs, therefore creating favorable grounds for the market growth. Rising inclination of general population toward emission-free vehicles has resulted in increased sales of Hybrid Electric Vehicles (HEVs) across the world. With the rising stringency of government mandates regarding emissions caused by vehicles, the automotive industry is emphasizing on efficiency, emission-free propulsion, and innovative technologies. The high estimated growth of electric vehicles owing to government mandates and global presence of major OEMs and Tier I suppliers is projected to propel the market.
The global Automotive Traction Motor market is segregated on the basis of Type as AC and DC. Based on Power the global Automotive Traction Motor market is segmented in Below 200 kW, 200-400 kW and Above 400 kW. Based on Application the global Automotive Traction Motor market is segmented in Railways, Electric Vehicle and Others.
The global Automotive Traction Motor market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Traction Motor market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Borgwarner Inc., BYD Co. Ltd., Continental AG, Denso Corporation, Eaton Corporation plc, Jing-Jin Electric, Johnson Electric Holdings Limited, Magna International, Mahle Group, Mitsuba Corporation, Nidec Corporation, Robert Bosch GmbH, Schaeffler Group, Shanghai Edrive Co. Ltd., Shenzhen Inovance Technology Co. Ltd., and others are among the major players in the global Automotive Traction Motor market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Automotive Traction Motor Market has been segmented as below:
Automotive Traction Motor Market, By Type
- AC
- DC
Automotive Traction Motor Market, By Power
- Below 200 kW
- 200-400 kW
- Above 400 kW
Automotive Traction Motor Market, By Application
- Railways
- Electric Vehicle
- Others
Automotive Traction Motor Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Automotive Traction Motor Market, By Company
- Borgwarner Inc.
- BYD Co. Ltd.
- Continental AG
- Denso Corporation
- Eaton Corporation plc
- Jing-Jin Electric
- Johnson Electric Holdings Limited
- Magna International
- Mahle Group
- Mitsuba Corporation
- Nidec Corporation
- Robert Bosch GmbH
- Schaeffler Group
- Shanghai Edrive Co. Ltd.
- Shenzhen Inovance Technology Co. Ltd.
The report covers:
- Global Automotive Traction Motor market sizes from 2018 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global Automotive Traction Motor market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automotive Traction Motor market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Automotive Traction Motor market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Traction Motor market share. Major industry players with significant revenue share include Borgwarner Inc., BYD Co. Ltd., Continental AG, Denso Corporation, Eaton Corporation plc, Jing-Jin Electric, Johnson Electric Holdings Limited, Magna International, Mahle Group, Mitsuba Corporation, Nidec Corporation, Robert Bosch GmbH, Schaeffler Group, Shanghai Edrive Co. Ltd., Shenzhen Inovance Technology Co. Ltd., and others.Rising investments in Electric Vehicle (EVs) coupled with increasing demand for energy-efficient motors are few of the key growth factors. Automotive traction motor has low power consumption and high efficiency due to which it is experiencing an increased demand for EVs. Moreover, stringent environmental regulation and emission norms to protect environmental sustainability are propelling the demand for EVs, therefore creating favorable grounds for the market growth. Rising inclination of general population toward emission-free vehicles has resulted in increased sales of Hybrid Electric Vehicles (HEVs) across the world. With the rising stringency of government mandates regarding emissions caused by vehicles, the automotive industry is emphasizing on efficiency, emission-free propulsion, and innovative technologies. The high estimated growth of electric vehicles owing to government mandates and global presence of major OEMs and Tier I suppliers is projected to propel the market.
The global Automotive Traction Motor market is segregated on the basis of Type as AC and DC. Based on Power the global Automotive Traction Motor market is segmented in Below 200 kW, 200-400 kW and Above 400 kW. Based on Application the global Automotive Traction Motor market is segmented in Railways, Electric Vehicle and Others.
The global Automotive Traction Motor market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Traction Motor market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Borgwarner Inc., BYD Co. Ltd., Continental AG, Denso Corporation, Eaton Corporation plc, Jing-Jin Electric, Johnson Electric Holdings Limited, Magna International, Mahle Group, Mitsuba Corporation, Nidec Corporation, Robert Bosch GmbH, Schaeffler Group, Shanghai Edrive Co. Ltd., Shenzhen Inovance Technology Co. Ltd., and others are among the major players in the global Automotive Traction Motor market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
The Automotive Traction Motor Market has been segmented as below:
Automotive Traction Motor Market, By Type
- AC
- DC
Automotive Traction Motor Market, By Power
- Below 200 kW
- 200-400 kW
- Above 400 kW
Automotive Traction Motor Market, By Application
- Railways
- Electric Vehicle
- Others
Automotive Traction Motor Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Automotive Traction Motor Market, By Company
- Borgwarner Inc.
- BYD Co. Ltd.
- Continental AG
- Denso Corporation
- Eaton Corporation plc
- Jing-Jin Electric
- Johnson Electric Holdings Limited
- Magna International
- Mahle Group
- Mitsuba Corporation
- Nidec Corporation
- Robert Bosch GmbH
- Schaeffler Group
- Shanghai Edrive Co. Ltd.
- Shenzhen Inovance Technology Co. Ltd.
The report covers:
- Global Automotive Traction Motor market sizes from 2018 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global Automotive Traction Motor market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automotive Traction Motor market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Automotive Traction Motor market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Traction Motor market share. Major industry players with significant revenue share include Borgwarner Inc., BYD Co. Ltd., Continental AG, Denso Corporation, Eaton Corporation plc, Jing-Jin Electric, Johnson Electric Holdings Limited, Magna International, Mahle Group, Mitsuba Corporation, Nidec Corporation, Robert Bosch GmbH, Schaeffler Group, Shanghai Edrive Co. Ltd., Shenzhen Inovance Technology Co. Ltd., and others.
Rising investments in Electric Vehicle (EVs) coupled with increasing demand for energy-efficient motors are few of the key growth factors. Automotive traction motor has low power consumption and high efficiency due to which it is experiencing an increased demand for EVs. Moreover, stringent environmental regulation and emission norms to protect environmental sustainability are propelling the demand for EVs, therefore creating favorable grounds for the market growth. Rising inclination of general population toward emission-free vehicles has resulted in increased sales of Hybrid Electric Vehicles (HEVs) across the world. With the rising stringency of government mandates regarding emissions caused by vehicles, the automotive industry is emphasizing on efficiency, emission-free propulsion, and innovative technologies. The high estimated growth of electric vehicles owing to government mandates and global presence of major OEMs and Tier I suppliers is projected to propel the market.
The global Automotive Traction Motor market is segregated on the basis of Type as AC and DC. Based on Power the global Automotive Traction Motor market is segmented in Below 200 kW, 200-400 kW and Above 400 kW. Based on Application the global Automotive Traction Motor market is segmented in Railways, Electric Vehicle and Others.
The global Automotive Traction Motor market report provides geographic analysis covering regions, such as North America, Europe, Asia-Pacific, and Rest of the World. The Automotive Traction Motor market for each region is further segmented for major countries including the U.S., Canada, Germany, the U.K., France, Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Rivalry
Borgwarner Inc., BYD Co. Ltd., Continental AG, Denso Corporation, Eaton Corporation plc, Jing-Jin Electric, Johnson Electric Holdings Limited, Magna International, Mahle Group, Mitsuba Corporation, Nidec Corporation, Robert Bosch GmbH, Schaeffler Group, Shanghai Edrive Co. Ltd., Shenzhen Inovance Technology Co. Ltd., and others are among the major players in the global Automotive Traction Motor market. The companies are involved in several growth and expansion strategies to gain a competitive advantage. Industry participants also follow value chain integration with business operations in multiple stages of the value chain.
Browse Full Report from Here: https://www.marketresearchengine.com/automotive-traction-motor-market
The Automotive Traction Motor Market has been segmented as below:
Automotive Traction Motor Market, By Type
- AC
- DC
Automotive Traction Motor Market, By Power
- Below 200 kW
- 200-400 kW
- Above 400 kW
Automotive Traction Motor Market, By Application
- Railways
- Electric Vehicle
- Others
Automotive Traction Motor Market, By Region
- North America
- Europe
- Asia-Pacific
- Rest of the World
Automotive Traction Motor Market, By Company
- Borgwarner Inc.
- BYD Co. Ltd.
- Continental AG
- Denso Corporation
- Eaton Corporation plc
- Jing-Jin Electric
- Johnson Electric Holdings Limited
- Magna International
- Mahle Group
- Mitsuba Corporation
- Nidec Corporation
- Robert Bosch GmbH
- Schaeffler Group
- Shanghai Edrive Co. Ltd.
- Shenzhen Inovance Technology Co. Ltd.
Request Sample Report from here:
https://www.marketresearchengine.com/automotive-traction-motor-market
The report covers:
- Global Automotive Traction Motor market sizes from 2018 to 2027, along with CAGR for 2022-2027
- Market size comparison for 2020 vs 2027 with actual data for 2021, estimates for 2022 and forecast from 2022 to 2027
- Global Automotive Traction Motor market trends, covering comprehensive range of consumer trends & manufacturer trends
- Value chain analysis covering participants from raw material suppliers to the downstream buyer in the global Automotive Traction Motor market
- Major market opportunities and challenges in forecast timeframe to be focused
- Competitive landscape with analysis on competition pattern, portfolio comparisons, development trends and strategic management
- Comprehensive company profiles of the key industry players
Report Scope:
The global Automotive Traction Motor market report scope includes detailed study covering underlying factors influencing the industry trends. The report covers analysis on regional and country level market dynamics. The scope also covers competitive overview providing company market shares along with company profiles for major revenue contributing companies. The report scope includes detailed competitive outlook covering market shares and profiles key participants in the global Automotive Traction Motor market share. Major industry players with significant revenue share include Borgwarner Inc., BYD Co. Ltd., Continental AG, Denso Corporation, Eaton Corporation plc, Jing-Jin Electric, Johnson Electric Holdings Limited, Magna International, Mahle Group, Mitsuba Corporation, Nidec Corporation, Robert Bosch GmbH, Schaeffler Group, Shanghai Edrive Co. Ltd., Shenzhen Inovance Technology Co. Ltd., and others.Media Contact
Company Name: Market Research Engine
Contact Person: John Bay
Email: john@marketresearchengine.com
Phone: +1-855-984-1862
Country: United States
Website: https://www.marketresearchengine.com
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Samarth Konapure

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