Electric Vehicle Motor Market
Electric Vehicle Motor Market - Global Industry Assessment & Forecast
Segments Covered
- By Type AC Motors, DC Motors
- By Vehicle Type Pure Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle, Fuel Cell Electric Vehicle (FCEV)
- By Motor Type Induction Motor, Synchronous Motor, Switched Reluctance Motor
- By Power Rating Up to 60 KW, 60 to 90 KW, Above 90 KW
- By Application Electric Two-Wheeler, Electric Three-Wheeler, Electric Commercial Vehicles, Electric Passenger Cars
- By Powertrain Type Single Motor, Dual Motor, Triple Motor, Four Motor
- By Marketplace OEM, Aftermarket
- By End User Agribusiness, Transportation, Private, Business
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 6.04 Billion |
Revenue 2030: | USD 27.19 Billion |
Revenue CAGR (2023 - 2030): | 20.70% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Electric Vehicle Motor Market Segment Analysis
- Electric Vehicle Motor Type Outlook (Revenue, USD Million, 2018 - 2030)
- AC Motors
- DC Motors
- Electric Vehicle Motor Vehicle Type Outlook (Revenue, USD Million, 2018 - 2030)
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Electric Vehicle Motor Motor Type Outlook (Revenue, USD Million, 2018 - 2030)
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Electric Vehicle Motor Power Rating Outlook (Revenue, USD Million, 2018 - 2030)
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Electric Vehicle Motor Application Outlook (Revenue, USD Million, 2018 - 2030)
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Electric Vehicle Motor Powertrain Type Outlook (Revenue, USD Million, 2018 - 2030)
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Electric Vehicle Motor Marketplace Outlook (Revenue, USD Million, 2018 - 2030)
- OEM
- Aftermarket
- Electric Vehicle Motor End User Outlook (Revenue, USD Million, 2018 - 2030)
- Agribusiness
- Transportation
- Private
- Business
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
-
North America Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
-
North America Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
-
North America Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
-
North America Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
-
North America Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
-
North America Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
-
North America Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- U.S.
- U.S. Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- U.S. Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- U.S. Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- U.S. Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- U.S. Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- U.S. Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- U.S. Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- U.S. Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- U.S. Electric Vehicle Motor Market, by Type
- Canada
- Canada Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Canada Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Canada Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Canada Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Canada Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Canada Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Canada Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Canada Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Canada Electric Vehicle Motor Market, by Type
-
Mexico
- Mexico Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Mexico Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Mexico Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Mexico Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Mexico Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Mexico Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Mexico Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Mexico Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Mexico Electric Vehicle Motor Market, by Type
-
North America Electric Vehicle Motor Market, by Type
- Europe
-
Europe Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
-
Europe Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
-
Europe Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
-
Europe Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
-
Europe Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
-
Europe Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
-
Europe Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
-
Europe Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- U. K.
- U.K. Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- U.K. Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- U.K. Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- U.K. Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- U.K. Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- U.K. Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- U.K. Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- U.K. Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- U.K. Electric Vehicle Motor Market, by Type
- France
- France Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- France Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- France Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- France Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- France Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- France Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- France Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- France Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- France Electric Vehicle Motor Market, by Type
-
Germany
- Germany Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Germany Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Germany Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Germany Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Germany Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Germany Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Germany Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Germany Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Germany Electric Vehicle Motor Market, by Type
-
Italy
- Italy Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Italy Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Italy Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Italy Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Italy Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Italy Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Italy Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Italy Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Italy Electric Vehicle Motor Market, by Type
-
Spain
- Spain Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Spain Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Spain Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Spain Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Spain Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Spain Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Spain Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Spain Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Spain Electric Vehicle Motor Market, by Type
-
Rest of Europe
- Rest of Europe Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Rest of Europe Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Rest of Europe Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Rest of Europe Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Rest of Europe Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Rest of Europe Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Rest of Europe Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Rest of Europe Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Rest of Europe Electric Vehicle Motor Market, by Type
-
Europe Electric Vehicle Motor Market, by Type
- Asia Pacific
-
Asia Pacific Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
-
Asia Pacific Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
-
Asia Pacific Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
-
Asia Pacific Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
-
Asia Pacific Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
-
Asia Pacific Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
-
Asia Pacific Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
-
Asia Pacific Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- China
- China Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- China Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- China Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- China Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- China Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- China Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- China Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- China Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- China Electric Vehicle Motor Market, by Type
- Japan
- Japan Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Japan Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Japan Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Japan Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Japan Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Japan Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Japan Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Japan Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Japan Electric Vehicle Motor Market, by Type
-
Germany
- Germany Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Germany Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Germany Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Germany Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Germany Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Germany Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Germany Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Germany Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Germany Electric Vehicle Motor Market, by Type
-
India
- India Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- India Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- India Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- India Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- India Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- India Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- India Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- India Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- India Electric Vehicle Motor Market, by Type
-
South Korea
- South Korea Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- South Korea Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- South Korea Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- South Korea Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- South Korea Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- South Korea Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- South Korea Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- South Korea Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- South Korea Electric Vehicle Motor Market, by Type
-
South East Asia
- South East Asia Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- South East Asia Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- South East Asia Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- South East Asia Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- South East Asia Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- South East Asia Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- South East Asia Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- South East Asia Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- South East Asia Electric Vehicle Motor Market, by Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Rest of Asia Pacific Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Rest of Asia Pacific Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Rest of Asia Pacific Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Rest of Asia Pacific Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Rest of Asia Pacific Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Rest of Asia Pacific Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Rest of Asia Pacific Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Rest of Asia Pacific Electric Vehicle Motor Market, by Type
-
Asia Pacific Electric Vehicle Motor Market, by Type
- Latin America
-
Latin America Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
-
Latin America Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
-
Latin America Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
-
Latin America Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
-
Latin America Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
-
Latin America Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
-
Latin America Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
-
Latin America Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Brazil
- Brazil Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Brazil Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Brazil Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Brazil Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Brazil Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Brazil Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Brazil Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Brazil Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Brazil Electric Vehicle Motor Market, by Type
- Argentina
- Argentina Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Argentina Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Argentina Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Argentina Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Argentina Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Argentina Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Argentina Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Argentina Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Argentina Electric Vehicle Motor Market, by Type
-
Rest of Latin America
- Rest of Latin America Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Rest of Latin America Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Rest of Latin America Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Rest of Latin America Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Rest of Latin America Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Rest of Latin America Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Rest of Latin America Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Rest of Latin America Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Rest of Latin America Electric Vehicle Motor Market, by Type
-
Latin America Electric Vehicle Motor Market, by Type
- Middle East & Africa
-
Middle East & Africa Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
-
Middle East & Africa Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
-
Middle East & Africa Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
-
Middle East & Africa Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
-
Middle East & Africa Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
-
Middle East & Africa Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
-
Middle East & Africa Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
-
Middle East & Africa Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- GCC Countries
- GCC Countries Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- GCC Countries Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- GCC Countries Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- GCC Countries Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- GCC Countries Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- GCC Countries Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- GCC Countries Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- GCC Countries Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- GCC Countries Electric Vehicle Motor Market, by Type
- South Africa
- South Africa Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- South Africa Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- South Africa Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- South Africa Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- South Africa Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- South Africa Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- South Africa Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- South Africa Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- South Africa Electric Vehicle Motor Market, by Type
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Rest of Middle East & Africa
- Rest of Middle East & Africa Electric Vehicle Motor Market, by Type
- AC Motors
- DC Motors
- Rest of Middle East & Africa Electric Vehicle Motor Market, by Vehicle Type
- Pure Electric Vehicle
- Hybrid Electric Vehicle
- Plug-in Hybrid Electric Vehicle
- Fuel Cell Electric Vehicle (FCEV)
- Rest of Middle East & Africa Electric Vehicle Motor Market, by Motor Type
- Induction Motor
- Synchronous Motor
- Switched Reluctance Motor
- Rest of Middle East & Africa Electric Vehicle Motor Market, by Power Rating
- Up to 60 KW
- 60 to 90 KW
- Above 90 KW
- Rest of Middle East & Africa Electric Vehicle Motor Market, by Application
- Electric Two-Wheeler
- Electric Three-Wheeler
- Electric Commercial Vehicles
- Electric Passenger Cars
- Rest of Middle East & Africa Electric Vehicle Motor Market, by Powertrain Type
- Single Motor
- Dual Motor
- Triple Motor
- Four Motor
- Rest of Middle East & Africa Electric Vehicle Motor Market, by Marketplace
- OEM
- Aftermarket
- Rest of Middle East & Africa Electric Vehicle Motor Market, by End User
- Agribusiness
- Transportation
- Private
- Business
- Rest of Middle East & Africa Electric Vehicle Motor Market, by Type
-
Middle East & Africa Electric Vehicle Motor Market, by Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Electric Vehicle Motor in terms of revenue?
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The global Electric Vehicle Motor valued at USD 6.04 Billion in 2022 and is expected to reach USD 27.19 Billion in 2030 growing at a CAGR of 20.70%.
Which are the prominent players in the market?
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The prominent players in the market are Yasakawa Electric, GKN Driveline, Toshiba, Continental, Denso, Baldor Electric, Hitachi Automotive Systems.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 20.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Electric Vehicle Motor include
- Increased demand for HVAC systems among residential, commercial, and industrial end users
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Electric Vehicle Motor in 2022.