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Home
Automotive & Transportation
Electric Vehicle
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, 2026-2034
Last Updated:
June 03, 2026
|
Author:
Abhijeet Patil
|
Format:
|
Report Code:
SR2252DR |
Pages:
110
Overview
TOC
Segmentation
Methodology
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Segmentation
Overview
TOC
Segmentation
Methodology
Download Free Sample
Market Segmentation
Electric Vehicle Traction Motor Market, By Vehicle Type 2022-2034 (USD MILLION/ Units)
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Electric Vehicle Traction Motor Market, By Motor Type 2022-2034 (USD MILLION/ Units)
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
Electric Vehicle Traction Motor Market, By Voltage Rating 2022-2034 (USD MILLION/ Units)
High Voltage
Low Voltage
Electric Vehicle Traction Motor Market, By Power 2022-2034 (USD MILLION/ Units)
Below 200 kW
200-400 kW
Above 400 kW
Electric Vehicle Traction Motor Market, By Application 2022-2034 (USD MILLION/ Units)
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Regional Electric Vehicle Traction Motor Market
North America
North America Electric Vehicle Traction Motor Market By Vehicle Type 2022-2034 (USD MILLION/ Units)
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
North America Electric Vehicle Traction Motor Market By Motor Type 2022-2034 (USD MILLION/ Units)
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
North America Electric Vehicle Traction Motor Market By Voltage Rating 2022-2034 (USD MILLION/ Units)
High Voltage
Low Voltage
North America Electric Vehicle Traction Motor Market By Power 2022-2034 (USD MILLION/ Units)
Below 200 kW
200-400 kW
Above 400 kW
North America Electric Vehicle Traction Motor Market By Application 2022-2034 (USD MILLION/ Units)
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
U.S.
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Canada
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Europe
Europe Electric Vehicle Traction Motor Market By Vehicle Type 2022-2034 (USD MILLION/ Units)
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Europe Electric Vehicle Traction Motor Market By Motor Type 2022-2034 (USD MILLION/ Units)
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
Europe Electric Vehicle Traction Motor Market By Voltage Rating 2022-2034 (USD MILLION/ Units)
High Voltage
Low Voltage
Europe Electric Vehicle Traction Motor Market By Power 2022-2034 (USD MILLION/ Units)
Below 200 kW
200-400 kW
Above 400 kW
Europe Electric Vehicle Traction Motor Market By Application 2022-2034 (USD MILLION/ Units)
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
U.K.
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Germany
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
France
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Spain
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Italy
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Russia
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Nordic
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Benelux
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Rest of Europe
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
APAC
APAC Electric Vehicle Traction Motor Market By Vehicle Type 2022-2034 (USD MILLION/ Units)
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
APAC Electric Vehicle Traction Motor Market By Motor Type 2022-2034 (USD MILLION/ Units)
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
APAC Electric Vehicle Traction Motor Market By Voltage Rating 2022-2034 (USD MILLION/ Units)
High Voltage
Low Voltage
APAC Electric Vehicle Traction Motor Market By Power 2022-2034 (USD MILLION/ Units)
Below 200 kW
200-400 kW
Above 400 kW
APAC Electric Vehicle Traction Motor Market By Application 2022-2034 (USD MILLION/ Units)
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
China
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Korea
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Japan
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
India
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Australia
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Taiwan
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
South East Asia
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Rest of Asia-Pacific
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Middle East and Africa
Middle East and Africa Electric Vehicle Traction Motor Market By Vehicle Type 2022-2034 (USD MILLION/ Units)
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Middle East and Africa Electric Vehicle Traction Motor Market By Motor Type 2022-2034 (USD MILLION/ Units)
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
Middle East and Africa Electric Vehicle Traction Motor Market By Voltage Rating 2022-2034 (USD MILLION/ Units)
High Voltage
Low Voltage
Middle East and Africa Electric Vehicle Traction Motor Market By Power 2022-2034 (USD MILLION/ Units)
Below 200 kW
200-400 kW
Above 400 kW
Middle East and Africa Electric Vehicle Traction Motor Market By Application 2022-2034 (USD MILLION/ Units)
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
UAE
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Turkey
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Saudi Arabia
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
South Africa
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Egypt
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Nigeria
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Rest of MEA
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
LATAM
LATAM Electric Vehicle Traction Motor Market By Vehicle Type 2022-2034 (USD MILLION/ Units)
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
LATAM Electric Vehicle Traction Motor Market By Motor Type 2022-2034 (USD MILLION/ Units)
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
LATAM Electric Vehicle Traction Motor Market By Voltage Rating 2022-2034 (USD MILLION/ Units)
High Voltage
Low Voltage
LATAM Electric Vehicle Traction Motor Market By Power 2022-2034 (USD MILLION/ Units)
Below 200 kW
200-400 kW
Above 400 kW
LATAM Electric Vehicle Traction Motor Market By Application 2022-2034 (USD MILLION/ Units)
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Brazil
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Mexico
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Argentina
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Chile
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Colombia
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
Rest of LATAM
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Mild Hybrid Vehicles
Full Hybrid Vehicles
Permanent Magnet Synchronous EV Traction Motors
Asynchronous EV Traction Motors
Induction Motor
Switched Reluctance Motor
Wound Rotor Synchronous Motor
DC Brushed Motor
High Voltage
Low Voltage
Below 200 kW
200-400 kW
Above 400 kW
Railway
Electric Vehicle
Elevators
Conveyors
Industrial Machinery
200+
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