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Home Automation & Process Control Electric Vehicle Traction Motor Market Size & Top Share, Growth Analysis, Revenue Report

Electric Vehicle Traction Motor Market

Electric Vehicle Traction Motor Market Size, Share & Trends Analysis Report By Vehicle Type (Battery Electric Vehicle, Plug-in Hybrid Electric Vehicle, Mild Hybrid Vehicles, Full Hybrid Vehicles), By Motor Type (Permanent Magnet Synchronous EV Traction Motors, Asynchronous EV Traction Motors, Induction Motor, Switched Reluctance Motor, Wound Rotor Synchronous Motor, DC Brushed Motor), By Voltage Rating (High Voltage, Low Voltage), By Power (Below 200 kW, 200-400 kW, Above 400 kW), By Application (Railway, Electric Vehicle, Elevators, Conveyors, Industrial Machinery) and By Region(North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2022-2030

Report Code: SRAP2340DR
Study Period 2018-2030 CAGR 41.34%
Historical Period 2018-2020 Forecast Period 2022-2030
Base Year 2021 Base Year Market Size USD 5.5 Billion
Forecast Year 2030 Forecast Year Market Size USD 87.60 Billion
Largest Market Asia-Pacific Fastest Growing Market North America
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Market Segmentation

  1. Electric Vehicle Traction Motor Market, By Vehicle Type (2020-2030)
    1. Battery Electric Vehicle
    2. Plug-in Hybrid Electric Vehicle
    3. Mild Hybrid Vehicles
    4. Full Hybrid Vehicles
  2. Electric Vehicle Traction Motor Market, By Motor Type (2020-2030)
    1. Permanent Magnet Synchronous EV Traction Motors
    2. Asynchronous EV Traction Motors
    3. Induction Motor
    4. Switched Reluctance Motor
    5. Wound Rotor Synchronous Motor
    6. DC Brushed Motor
  3. Electric Vehicle Traction Motor Market, By Voltage Rating (2020-2030)
    1. High Voltage
    2. Low Voltage
  4. Electric Vehicle Traction Motor Market, By Power (2020-2030)
    1. Below 200 kW
    2. 200-400 kW
    3. Above 400 kW
  5. Electric Vehicle Traction Motor Market, By Application (2020-2030)
    1. Railway
    2. Electric Vehicle
    3. Elevators
    4. Conveyors
    5. Industrial Machinery
    1. North America
      1. North America Electric Vehicle Traction Motor Market, By Vehicle Type
        1. Battery Electric Vehicle
          1. Plug-in Hybrid Electric Vehicle
            1. Mild Hybrid Vehicles
              1. Full Hybrid Vehicles
              2. North America Electric Vehicle Traction Motor Market, By Motor Type
                1. Permanent Magnet Synchronous EV Traction Motors
                  1. Asynchronous EV Traction Motors
                    1. Induction Motor
                      1. Switched Reluctance Motor
                        1. Wound Rotor Synchronous Motor
                          1. DC Brushed Motor
                          2. North America Electric Vehicle Traction Motor Market, By Voltage Rating
                            1. High Voltage
                              1. Low Voltage
                              2. North America Electric Vehicle Traction Motor Market, By Power
                                1. Below 200 kW
                                  1. 200-400 kW
                                    1. Above 400 kW
                                    2. North America Electric Vehicle Traction Motor Market, By Application
                                      1. Railway
                                        1. Electric Vehicle
                                          1. Elevators
                                            1. Conveyors
                                              1. Industrial Machinery
                                              2. U.S.
                                                1. U.S. Electric Vehicle Traction Motor Market, By Vehicle Type
                                                  1. Battery Electric Vehicle
                                                    1. Plug-in Hybrid Electric Vehicle
                                                      1. Mild Hybrid Vehicles
                                                        1. Full Hybrid Vehicles
                                                        2. U.S. Electric Vehicle Traction Motor Market, By Motor Type
                                                          1. Permanent Magnet Synchronous EV Traction Motors
                                                            1. Asynchronous EV Traction Motors
                                                              1. Induction Motor
                                                                1. Switched Reluctance Motor
                                                                  1. Wound Rotor Synchronous Motor
                                                                    1. DC Brushed Motor
                                                                    2. U.S. Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                      1. High Voltage
                                                                        1. Low Voltage
                                                                        2. U.S. Electric Vehicle Traction Motor Market, By Power
                                                                          1. Below 200 kW
                                                                            1. 200-400 kW
                                                                              1. Above 400 kW
                                                                              2. U.S. Electric Vehicle Traction Motor Market, By Application
                                                                                1. Railway
                                                                                  1. Electric Vehicle
                                                                                    1. Elevators
                                                                                      1. Conveyors
                                                                                        1. Industrial Machinery
                                                                                      2. Canada
                                                                                    2. Europe
                                                                                      1. Europe Electric Vehicle Traction Motor Market, By Vehicle Type
                                                                                        1. Battery Electric Vehicle
                                                                                          1. Plug-in Hybrid Electric Vehicle
                                                                                            1. Mild Hybrid Vehicles
                                                                                              1. Full Hybrid Vehicles
                                                                                              2. Europe Electric Vehicle Traction Motor Market, By Motor Type
                                                                                                1. Permanent Magnet Synchronous EV Traction Motors
                                                                                                  1. Asynchronous EV Traction Motors
                                                                                                    1. Induction Motor
                                                                                                      1. Switched Reluctance Motor
                                                                                                        1. Wound Rotor Synchronous Motor
                                                                                                          1. DC Brushed Motor
                                                                                                          2. Europe Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                                                            1. High Voltage
                                                                                                              1. Low Voltage
                                                                                                              2. Europe Electric Vehicle Traction Motor Market, By Power
                                                                                                                1. Below 200 kW
                                                                                                                  1. 200-400 kW
                                                                                                                    1. Above 400 kW
                                                                                                                    2. Europe Electric Vehicle Traction Motor Market, By Application
                                                                                                                      1. Railway
                                                                                                                        1. Electric Vehicle
                                                                                                                          1. Elevators
                                                                                                                            1. Conveyors
                                                                                                                              1. Industrial Machinery
                                                                                                                              2. U.K.
                                                                                                                                1. U.K. Electric Vehicle Traction Motor Market, By Vehicle Type
                                                                                                                                  1. Battery Electric Vehicle
                                                                                                                                    1. Plug-in Hybrid Electric Vehicle
                                                                                                                                      1. Mild Hybrid Vehicles
                                                                                                                                        1. Full Hybrid Vehicles
                                                                                                                                        2. U.K. Electric Vehicle Traction Motor Market, By Motor Type
                                                                                                                                          1. Permanent Magnet Synchronous EV Traction Motors
                                                                                                                                            1. Asynchronous EV Traction Motors
                                                                                                                                              1. Induction Motor
                                                                                                                                                1. Switched Reluctance Motor
                                                                                                                                                  1. Wound Rotor Synchronous Motor
                                                                                                                                                    1. DC Brushed Motor
                                                                                                                                                    2. U.K. Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                                                                                                      1. High Voltage
                                                                                                                                                        1. Low Voltage
                                                                                                                                                        2. U.K. Electric Vehicle Traction Motor Market, By Power
                                                                                                                                                          1. Below 200 kW
                                                                                                                                                            1. 200-400 kW
                                                                                                                                                              1. Above 400 kW
                                                                                                                                                              2. U.K. Electric Vehicle Traction Motor Market, By Application
                                                                                                                                                                1. Railway
                                                                                                                                                                  1. Electric Vehicle
                                                                                                                                                                    1. Elevators
                                                                                                                                                                      1. Conveyors
                                                                                                                                                                        1. Industrial Machinery
                                                                                                                                                                      2. Germany
                                                                                                                                                                      3. France
                                                                                                                                                                      4. Spain
                                                                                                                                                                      5. Italy
                                                                                                                                                                      6. Russia
                                                                                                                                                                      7. Nordic
                                                                                                                                                                      8. Benelux
                                                                                                                                                                      9. Rest of Europe
                                                                                                                                                                    2. APAC
                                                                                                                                                                      1. APAC Electric Vehicle Traction Motor Market, By Vehicle Type
                                                                                                                                                                        1. Battery Electric Vehicle
                                                                                                                                                                          1. Plug-in Hybrid Electric Vehicle
                                                                                                                                                                            1. Mild Hybrid Vehicles
                                                                                                                                                                              1. Full Hybrid Vehicles
                                                                                                                                                                              2. APAC Electric Vehicle Traction Motor Market, By Motor Type
                                                                                                                                                                                1. Permanent Magnet Synchronous EV Traction Motors
                                                                                                                                                                                  1. Asynchronous EV Traction Motors
                                                                                                                                                                                    1. Induction Motor
                                                                                                                                                                                      1. Switched Reluctance Motor
                                                                                                                                                                                        1. Wound Rotor Synchronous Motor
                                                                                                                                                                                          1. DC Brushed Motor
                                                                                                                                                                                          2. APAC Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                                                                                                                                            1. High Voltage
                                                                                                                                                                                              1. Low Voltage
                                                                                                                                                                                              2. APAC Electric Vehicle Traction Motor Market, By Power
                                                                                                                                                                                                1. Below 200 kW
                                                                                                                                                                                                  1. 200-400 kW
                                                                                                                                                                                                    1. Above 400 kW
                                                                                                                                                                                                    2. APAC Electric Vehicle Traction Motor Market, By Application
                                                                                                                                                                                                      1. Railway
                                                                                                                                                                                                        1. Electric Vehicle
                                                                                                                                                                                                          1. Elevators
                                                                                                                                                                                                            1. Conveyors
                                                                                                                                                                                                              1. Industrial Machinery
                                                                                                                                                                                                              2. China
                                                                                                                                                                                                                1. China Electric Vehicle Traction Motor Market, By Vehicle Type
                                                                                                                                                                                                                  1. Battery Electric Vehicle
                                                                                                                                                                                                                    1. Plug-in Hybrid Electric Vehicle
                                                                                                                                                                                                                      1. Mild Hybrid Vehicles
                                                                                                                                                                                                                        1. Full Hybrid Vehicles
                                                                                                                                                                                                                        2. China Electric Vehicle Traction Motor Market, By Motor Type
                                                                                                                                                                                                                          1. Permanent Magnet Synchronous EV Traction Motors
                                                                                                                                                                                                                            1. Asynchronous EV Traction Motors
                                                                                                                                                                                                                              1. Induction Motor
                                                                                                                                                                                                                                1. Switched Reluctance Motor
                                                                                                                                                                                                                                  1. Wound Rotor Synchronous Motor
                                                                                                                                                                                                                                    1. DC Brushed Motor
                                                                                                                                                                                                                                    2. China Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                                                                                                                                                                                      1. High Voltage
                                                                                                                                                                                                                                        1. Low Voltage
                                                                                                                                                                                                                                        2. China Electric Vehicle Traction Motor Market, By Power
                                                                                                                                                                                                                                          1. Below 200 kW
                                                                                                                                                                                                                                            1. 200-400 kW
                                                                                                                                                                                                                                              1. Above 400 kW
                                                                                                                                                                                                                                              2. China Electric Vehicle Traction Motor Market, By Application
                                                                                                                                                                                                                                                1. Railway
                                                                                                                                                                                                                                                  1. Electric Vehicle
                                                                                                                                                                                                                                                    1. Elevators
                                                                                                                                                                                                                                                      1. Conveyors
                                                                                                                                                                                                                                                        1. Industrial Machinery
                                                                                                                                                                                                                                                      2. Korea
                                                                                                                                                                                                                                                      3. Japan
                                                                                                                                                                                                                                                      4. India
                                                                                                                                                                                                                                                      5. Australia
                                                                                                                                                                                                                                                      6. Taiwan
                                                                                                                                                                                                                                                      7. South East Asia
                                                                                                                                                                                                                                                      8. Rest of Asia-Pacific
                                                                                                                                                                                                                                                    2. Middle East and Africa
                                                                                                                                                                                                                                                      1. Middle East and Africa Electric Vehicle Traction Motor Market, By Vehicle Type
                                                                                                                                                                                                                                                        1. Battery Electric Vehicle
                                                                                                                                                                                                                                                          1. Plug-in Hybrid Electric Vehicle
                                                                                                                                                                                                                                                            1. Mild Hybrid Vehicles
                                                                                                                                                                                                                                                              1. Full Hybrid Vehicles
                                                                                                                                                                                                                                                              2. Middle East and Africa Electric Vehicle Traction Motor Market, By Motor Type
                                                                                                                                                                                                                                                                1. Permanent Magnet Synchronous EV Traction Motors
                                                                                                                                                                                                                                                                  1. Asynchronous EV Traction Motors
                                                                                                                                                                                                                                                                    1. Induction Motor
                                                                                                                                                                                                                                                                      1. Switched Reluctance Motor
                                                                                                                                                                                                                                                                        1. Wound Rotor Synchronous Motor
                                                                                                                                                                                                                                                                          1. DC Brushed Motor
                                                                                                                                                                                                                                                                          2. Middle East and Africa Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                                                                                                                                                                                                                            1. High Voltage
                                                                                                                                                                                                                                                                              1. Low Voltage
                                                                                                                                                                                                                                                                              2. Middle East and Africa Electric Vehicle Traction Motor Market, By Power
                                                                                                                                                                                                                                                                                1. Below 200 kW
                                                                                                                                                                                                                                                                                  1. 200-400 kW
                                                                                                                                                                                                                                                                                    1. Above 400 kW
                                                                                                                                                                                                                                                                                    2. Middle East and Africa Electric Vehicle Traction Motor Market, By Application
                                                                                                                                                                                                                                                                                      1. Railway
                                                                                                                                                                                                                                                                                        1. Electric Vehicle
                                                                                                                                                                                                                                                                                          1. Elevators
                                                                                                                                                                                                                                                                                            1. Conveyors
                                                                                                                                                                                                                                                                                              1. Industrial Machinery
                                                                                                                                                                                                                                                                                              2. UAE
                                                                                                                                                                                                                                                                                                1. UAE Electric Vehicle Traction Motor Market, By Vehicle Type
                                                                                                                                                                                                                                                                                                  1. Battery Electric Vehicle
                                                                                                                                                                                                                                                                                                    1. Plug-in Hybrid Electric Vehicle
                                                                                                                                                                                                                                                                                                      1. Mild Hybrid Vehicles
                                                                                                                                                                                                                                                                                                        1. Full Hybrid Vehicles
                                                                                                                                                                                                                                                                                                        2. UAE Electric Vehicle Traction Motor Market, By Motor Type
                                                                                                                                                                                                                                                                                                          1. Permanent Magnet Synchronous EV Traction Motors
                                                                                                                                                                                                                                                                                                            1. Asynchronous EV Traction Motors
                                                                                                                                                                                                                                                                                                              1. Induction Motor
                                                                                                                                                                                                                                                                                                                1. Switched Reluctance Motor
                                                                                                                                                                                                                                                                                                                  1. Wound Rotor Synchronous Motor
                                                                                                                                                                                                                                                                                                                    1. DC Brushed Motor
                                                                                                                                                                                                                                                                                                                    2. UAE Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                                                                                                                                                                                                                                                                      1. High Voltage
                                                                                                                                                                                                                                                                                                                        1. Low Voltage
                                                                                                                                                                                                                                                                                                                        2. UAE Electric Vehicle Traction Motor Market, By Power
                                                                                                                                                                                                                                                                                                                          1. Below 200 kW
                                                                                                                                                                                                                                                                                                                            1. 200-400 kW
                                                                                                                                                                                                                                                                                                                              1. Above 400 kW
                                                                                                                                                                                                                                                                                                                              2. UAE Electric Vehicle Traction Motor Market, By Application
                                                                                                                                                                                                                                                                                                                                1. Railway
                                                                                                                                                                                                                                                                                                                                  1. Electric Vehicle
                                                                                                                                                                                                                                                                                                                                    1. Elevators
                                                                                                                                                                                                                                                                                                                                      1. Conveyors
                                                                                                                                                                                                                                                                                                                                        1. Industrial Machinery
                                                                                                                                                                                                                                                                                                                                      2. Turkey
                                                                                                                                                                                                                                                                                                                                      3. Saudi Arabia
                                                                                                                                                                                                                                                                                                                                      4. South Africa
                                                                                                                                                                                                                                                                                                                                      5. Egypt
                                                                                                                                                                                                                                                                                                                                      6. Nigeria
                                                                                                                                                                                                                                                                                                                                      7. Rest of MEA
                                                                                                                                                                                                                                                                                                                                    2. LATAM
                                                                                                                                                                                                                                                                                                                                      1. LATAM Electric Vehicle Traction Motor Market, By Vehicle Type
                                                                                                                                                                                                                                                                                                                                        1. Battery Electric Vehicle
                                                                                                                                                                                                                                                                                                                                          1. Plug-in Hybrid Electric Vehicle
                                                                                                                                                                                                                                                                                                                                            1. Mild Hybrid Vehicles
                                                                                                                                                                                                                                                                                                                                              1. Full Hybrid Vehicles
                                                                                                                                                                                                                                                                                                                                              2. LATAM Electric Vehicle Traction Motor Market, By Motor Type
                                                                                                                                                                                                                                                                                                                                                1. Permanent Magnet Synchronous EV Traction Motors
                                                                                                                                                                                                                                                                                                                                                  1. Asynchronous EV Traction Motors
                                                                                                                                                                                                                                                                                                                                                    1. Induction Motor
                                                                                                                                                                                                                                                                                                                                                      1. Switched Reluctance Motor
                                                                                                                                                                                                                                                                                                                                                        1. Wound Rotor Synchronous Motor
                                                                                                                                                                                                                                                                                                                                                          1. DC Brushed Motor
                                                                                                                                                                                                                                                                                                                                                          2. LATAM Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                                                                                                                                                                                                                                                                                                            1. High Voltage
                                                                                                                                                                                                                                                                                                                                                              1. Low Voltage
                                                                                                                                                                                                                                                                                                                                                              2. LATAM Electric Vehicle Traction Motor Market, By Power
                                                                                                                                                                                                                                                                                                                                                                1. Below 200 kW
                                                                                                                                                                                                                                                                                                                                                                  1. 200-400 kW
                                                                                                                                                                                                                                                                                                                                                                    1. Above 400 kW
                                                                                                                                                                                                                                                                                                                                                                    2. LATAM Electric Vehicle Traction Motor Market, By Application
                                                                                                                                                                                                                                                                                                                                                                      1. Railway
                                                                                                                                                                                                                                                                                                                                                                        1. Electric Vehicle
                                                                                                                                                                                                                                                                                                                                                                          1. Elevators
                                                                                                                                                                                                                                                                                                                                                                            1. Conveyors
                                                                                                                                                                                                                                                                                                                                                                              1. Industrial Machinery
                                                                                                                                                                                                                                                                                                                                                                              2. Brazil
                                                                                                                                                                                                                                                                                                                                                                                1. Brazil Electric Vehicle Traction Motor Market, By Vehicle Type
                                                                                                                                                                                                                                                                                                                                                                                  1. Battery Electric Vehicle
                                                                                                                                                                                                                                                                                                                                                                                    1. Plug-in Hybrid Electric Vehicle
                                                                                                                                                                                                                                                                                                                                                                                      1. Mild Hybrid Vehicles
                                                                                                                                                                                                                                                                                                                                                                                        1. Full Hybrid Vehicles
                                                                                                                                                                                                                                                                                                                                                                                        2. Brazil Electric Vehicle Traction Motor Market, By Motor Type
                                                                                                                                                                                                                                                                                                                                                                                          1. Permanent Magnet Synchronous EV Traction Motors
                                                                                                                                                                                                                                                                                                                                                                                            1. Asynchronous EV Traction Motors
                                                                                                                                                                                                                                                                                                                                                                                              1. Induction Motor
                                                                                                                                                                                                                                                                                                                                                                                                1. Switched Reluctance Motor
                                                                                                                                                                                                                                                                                                                                                                                                  1. Wound Rotor Synchronous Motor
                                                                                                                                                                                                                                                                                                                                                                                                    1. DC Brushed Motor
                                                                                                                                                                                                                                                                                                                                                                                                    2. Brazil Electric Vehicle Traction Motor Market, By Voltage Rating
                                                                                                                                                                                                                                                                                                                                                                                                      1. High Voltage
                                                                                                                                                                                                                                                                                                                                                                                                        1. Low Voltage
                                                                                                                                                                                                                                                                                                                                                                                                        2. Brazil Electric Vehicle Traction Motor Market, By Power
                                                                                                                                                                                                                                                                                                                                                                                                          1. Below 200 kW
                                                                                                                                                                                                                                                                                                                                                                                                            1. 200-400 kW
                                                                                                                                                                                                                                                                                                                                                                                                              1. Above 400 kW
                                                                                                                                                                                                                                                                                                                                                                                                              2. Brazil Electric Vehicle Traction Motor Market, By Application
                                                                                                                                                                                                                                                                                                                                                                                                                1. Railway
                                                                                                                                                                                                                                                                                                                                                                                                                  1. Electric Vehicle
                                                                                                                                                                                                                                                                                                                                                                                                                    1. Elevators
                                                                                                                                                                                                                                                                                                                                                                                                                      1. Conveyors
                                                                                                                                                                                                                                                                                                                                                                                                                        1. Industrial Machinery
                                                                                                                                                                                                                                                                                                                                                                                                                      2. Mexico
                                                                                                                                                                                                                                                                                                                                                                                                                      3. Argentina
                                                                                                                                                                                                                                                                                                                                                                                                                      4. Chile
                                                                                                                                                                                                                                                                                                                                                                                                                      5. Colombia
                                                                                                                                                                                                                                                                                                                                                                                                                      6. Rest of LATAM

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