The Business Research Company’s Electric Vehicle Traction Motor Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Electric Vehicle Traction Motor Global Market Report 2023 evaluates electric vehicle traction motor market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The global electric vehicle market size grew from $248.05 billion in 2022 to $316.19 billion in 2023 at a compound annual growth rate (CAGR) of 27.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The electric vehicle market size is expected to grow to $793.69 billion in 2027 at a CAGR of 25.9%.
The electric vehicle traction motor market segments in the report are:
Electric Vehicle Traction Motor Market By Motor Type:
Permanent Magnet Synchronous EV Traction Motors (PSM)
Asynchronous EV Traction Motors (ASM)
Electric Vehicle Traction Motor Market By Voltage Ratings:
High Voltage EV Traction Motors
Low Voltage EV Traction Motors
Top Key Players
Asia-Pacific was the largest region in the electric vehicle traction motor market in 2022.
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The table of contents in TBRC’s electric vehicle traction motor market report includes:
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List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 47: AB SKF Financial Performance
Table 48: ABB Ltd. Financial Performance
Table 49: Avid Technology Limited Financial Performance
Table 50: Hitachi Automotive Systems, Ltd. Financial Performance
Table 51: Nidec Corporation Financial Performance
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