Electric Vehicle (EV) Motor Market 2024-2028
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overview_1
Incremental Growth2024-2028 (US$mn)

$ 80266.3

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2024 Year-over-Year Growth

36.1%

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CAGR (2024-2028)

50.22%

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Report Coverage

Global

Electric Vehicle (Ev) Motor Market Segmentation

Market Segmentation & Scope
Power Rating
MPR HPR LPR
Type
AC motor DC motor

Geography

Europe

UK France Germany

APAC

China India Japan South Korea

North America

US Canada

South America

Brazil

Middle East and Africa

UAE

Market Segment by Geographic Landscape

regional_img

52%

of the growth will originate

from APAC

Global Market Size 2018 - 2028 (US$ Mn)

Market is segmented by Power Rating into MPR, HPR, LPR

The MPR is expected to be largest growing segment during 2024-2028

Largest Segment - Mpr

US$ 11,315.20 Mn

Electric Vehicle (Ev) Motor Market by Power Rating into MPR; 2018-2028 (US$ Mn)

MPR Market Revenue and Forecast 2018-2028 (US$ Mn)

MPR

  • MPR Market Size and Forecast 2018 to 2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market by Power Rating into HPR; 2018-2028 (US$ Mn)

HPR Market Revenue and Forecast 2018-2028 (US$ Mn)

HPR

  • HPR Market Size and Forecast 2018 to 2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market by Power Rating into LPR; 2018-2028 (US$ Mn)

LPR Market Revenue and Forecast 2018-2028 (US$ Mn)

LPR

  • LPR Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Type into AC motor, DC motor

The AC motor is expected to be largest growing segment during 2024-2028

Largest Segment - Ac motor

US$ 16,244.20 Mn

Electric Vehicle (Ev) Motor Market Size by Segmentation, by Type (US$ Mn)

Type 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
AC motor XX XX XX XX XX XX XX XX XX XX XX
DC motor XX XX XX XX XX XX XX XX XX XX XX

Electric Vehicle (Ev) Motor Market by Type into AC motor; 2018-2028 (US$ Mn)

AC motor Market Revenue and Forecast 2018-2028 (US$ Mn)

AC motor

  • AC motor Market Size and Forecast 2018 to 2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market by Type into DC motor; 2018-2028 (US$ Mn)

DC motor Market Revenue and Forecast 2018-2028 (US$ Mn)

DC motor

  • DC motor Market Size and Forecast 2018 to 2028 (US$ Mn)

Market is segmented by Geography into APAC, Europe, North America, South America, Middle East and Africa

The APAC is estimated to contribute 52% to the growth of global market during the forecast period 2024-2028.

Largest Segment - APAC

52%

Regional share of different regions, including APAC, Europe, North America, South America

Region 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 CAGR (%)
APAC 1463.80 XX XX XX XX XX XX XX XX XX XX XX
Europe XX 1425.60 XX XX XX XX XX XX XX XX XX XX
North America XX XX 728.20 XX XX XX XX XX XX XX XX XX
South America XX XX XX 363.70 461.40 XX XX XX XX XX XX XX
Middle East and Africa XX XX XX XX XX XX XX XX XX XX XX XX

Electric Vehicle (Ev) Motor Market Size by Geography into APAC; 2018-2028 (US$ Mn)

APAC Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Country into China; 2018-2028 (US$ Mn)

China Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Geography into Europe; 2018-2028 (US$ Mn)

Europe Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Country into Germany; 2018-2028 (US$ Mn)

Germany Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Country into France; 2018-2028 (US$ Mn)

France Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Country into Norway; 2018-2028 (US$ Mn)

Norway Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Geography into North America; 2018-2028 (US$ Mn)

North America Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Country into US; 2018-2028 (US$ Mn)

US Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Geography into South America; 2018-2028 (US$ Mn)

South America Market Revenue and Forecast 2018-2028 (US$ Mn)

Electric Vehicle (Ev) Motor Market Size by Geography into Middle East and Africa; 2018-2028 (US$ Mn)

Middle East and Africa Market Revenue and Forecast 2018-2028 (US$ Mn)

Major Companies

Market Companies

Name Profile Employees Headquarters Website
ABB Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Allied Motion Technologies Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
AMETEK Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Continental AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
DENSO Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
e Gle Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ECOmove GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ford Motor Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
GEM motors d.o.oView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hitachi Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Magna International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Metric Mind EngineeringView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Electric Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Nidec Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Nissan Motor Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Robert Bosch GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Siemens AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Toshiba Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Valeo SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Volkswagen AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com

Electric Vehicle (Ev) Motor Market Scope

  1. By Power Rating
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Power Rating, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Power Rating, 2024 to 2028
      1. MPR
      2. HPR
      3. LPR
    4. Y-o-Y Growth Trend Analysis By Power Rating, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Power Rating, 2024 to 2028
  2. By Type
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Type, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Type, 2024 to 2028
      1. AC motor
      2. DC motor
    4. Y-o-Y Growth Trend Analysis By Type, 2018 to 2022
    5. Absolute $ Opportunity Analysis By Type, 2024 to 2028
  3. By Region
    1. Introduction / Key Findings
    2. Historical Market Size Value (US$ million) Analysis By Region, 2018 to 2022
    3. Current and Future Market Size Value (US$ million) Analysis and Forecast By Region, 2024 to 2028
      1. APAC
      2. Europe
      3. North America
      4. South America
      5. Middle East and Africa
  4. APAC Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. China
    4. By Power Rating
    5. By Type
  5. Europe Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. Germany
      2. France
      3. Norway
    4. By Power Rating
    5. By Type
  6. North America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Country
      1. US
    4. By Power Rating
    5. By Type
  7. South America Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Power Rating
    4. By Type
  8. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2024 to 2028, By Country
    1. Historical Market Size Value (US$ million) Trend Analysis By Market, 2018 to 2022
    2. Market Size Value (US$ million) Forecast By Market, 2024 to 2028
    3. By Power Rating
    4. By Type

Major Companies

Market companies

Name Profile Employees Headquarters Website
ABB Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Allied Motion Technologies Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
AMETEK Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Continental AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
DENSO Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
e Gle Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
ECOmove GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Ford Motor Co.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
GEM motors d.o.oView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Hitachi Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Magna International Inc.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Metric Mind EngineeringView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Mitsubishi Electric Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Nidec Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Nissan Motor Co. Ltd.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Robert Bosch GmbHView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Siemens AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Toshiba Corp.View Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Valeo SAView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
Volkswagen AGView Profiletable_profile101-250Santa Clara, California, United States, North Americaavinetworks.com
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