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PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1624602

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PUBLISHER: Market Xcel - Markets and Data | PRODUCT CODE: 1624602

Automotive Traction Motor Market Assessment, By Type, By Motor Type, By EV Type, By Vehicle Type, By Region, Opportunities and Forecast, 2018-2032F

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Description

Table of Contents

List of Tables

Global automotive traction motor market is projected to witness a CAGR of 21.71% during the forecast period 2025-2032, growing from USD 10.19 billion in 2024 to USD 49.07 billion in 2032. Electric vehicles are increasingly demanding traction motors, mostly due to the increased demand from people and manufacturers, further prompted by government policies and regulations towards an environmentally friendly, fuel economy-oriented world. For instance, the European Union has mandated reducing transport emissions by 90% by 2050, a trend towards electric vehicles. As fuel prices continue to rise, consumers are leaning towards electric alternatives, growing EVs and thus expanding the traction motors market.

Moreover, technological advancement in vehicles is another factor that drives market growth. New motor efficiency and high-performance lithium-ion batteries make electric and hybrid vehicles more attractive to consumers. Further, the government's incentives and subsidies for purchasing electric vehicles make it accessible to more people. Critical investments in charging infrastructure and public transport systems pave an environment for the diffusion of electric vehicles and components such as traction motors. For instance, in August 2024, the U.S. Department of Energy announced USD 521 million in grants to continue building EV charging and alternative fueling infrastructure across 29 states, including the deployment of more than 9,200 EV charging ports. However, the rising need for traction motors in areas other than automobile areas, such as rail or others, is driving overall market demand.

For example, in November 2023, ABB Ltd entered a strategic partnership with Titagarh for metro projects in India. The agreement involved the transfer of technology and licensing to be part of the Make in India initiative by the government. The deal encompasses an agreement, wherein Titagarh will procure ABB Ltd propulsion systems, including traction converters, auxiliary converters, traction motors, and TCMS software.

Electrification of Vehicles is Driving Global Market Growth

The electric traction motor is at the core of the increasing adoption of electric vehicles (EVs) and hybrid electric vehicles (HEVs), converting electrical energy into mechanical energy to provide propulsion. EVs do not rely on combustion, unlike traditional internal combustion engines (ICEs), making it cleaner and more efficient, aligning with the world's sustainability goals. Advancement in motor technology is another major driver, which has made vehicles more powerful and efficient, enhancing vehicle performance. Government initiatives are promoting zero-emission vehicles (ZEVs), propelling market growth. Most countries have set mandates to force automakers to produce a certain percentage of electric or hybrid vehicles, forcing manufacturers to spend significantly on traction motor technology. In addition, increasing awareness of the harmful effects of vehicle emissions is driving consumers toward cleaner transportation options, thereby increasing demand for EVs, leading to the growth of the global automotive traction motor market.

For instance, in February 2024, Sona Comstar, a part of Sona BLW Precision Forgings Limited, received the Production Linked Incentive (PLI) certificate for its traction motor for electric two-wheelers.

Technological Advancements to Fuel Market Growth Globally

Innovations in motor design in the form of high-efficiency motors with improved power density and thermal management capabilities, are enhancing their appeal to manufacturers and consumers. The integration of advanced materials, including rare earth metals and lightweight composites, contributes to higher performance while reducing overall weight, leading to improvement in traction motor efficiency with energy savings meant to be used in recharging the battery. Some of the newer developments include silicon carbide-based metal-oxide-semiconductor field-effect transistor (MOSFETs) improving power density and reducing lost power during the actual conversion within the power electronic circuit, a function that enables electric vehicles to run smoother and get accelerated quick compared to before, hence pleasing the customers. Additional features, such as regenerative braking, enable traction motors to seize kinetic energy when the vehicle decelerates, which allows energy use optimization. Such components will offer faster switching speeds and higher power densities so that energy losses in power conversion are minimized, improving a vehicle's overall performance, driving the global automotive traction motor market growth in the forecast period. Improved motor control system innovations allow even finer control over speed and torque by using present algorithms. This facilitates smoother acceleration and regenerative braking, optimizing energy management within electric vehicles.

For instance, in September 2022, ZF Friedrichshafen AG unveiled new electric drive modules and systems. The company has unveiled its new CeTrax 2 electric central drive, an integrated, modular e-drive system for heavy-duty commercial vehicles. Leveraging in-house developed components, it features two high performance oil-cooled e-motors as well as two integrated 800 Volt silicon carbide (SiC) inverters. CeTrax 2 uses an advanced three-speed gearbox that is able to perform powershifts.

AC Traction Motor to Dominate Market Share

The dominance of AC traction motors is increasingly evident globally, due to the numerous benefits over conventional DC motors, of which simplification in their manufacturing process and operational efficiency are the most significant reasons. There is no mechanical commutator in an AC motor, eliminating the need for extensive maintenance works and thus furthering its reliability. They are so attractive for being used in electric vehicles or hybrid electric vehicles. AC traction motors are also lighter than their DC counterparts for the same output of power, which is vital to enhancing the overall efficiency and performance of electric vehicles. The incorporation of advanced electronics enables precise control over AC motors for fine optimization of traction and adhesion while providing for exact speed regulation. This ability is critical for today's electric vehicles, which need high performance and energy efficiency.

For instance, in January 2024, ABB Ltd announced it would deliver a complete traction chain to upgrade Romania's locomotives. The use of modern insulated-gate bipolar transistor (IGBT) traction converters with new traction transformers and AC traction motors will enable overall drive train efficiency improvements of around 5% versus the old traction system with thyristor rectifier and DC motors. New transformers, converters and electric motors supplied by ABB Ltd will support the locomotives reaching top speeds of 160 km/h versus the current 120km/h.

Europe to Dominate Automotive Traction Motor Market Share

Europe is leading in the global automotive traction motor market due to presence of giant manufacturer of electric vehicles and their respective components, including traction motors. Stringent emission norms prevalent among all European countries, compelling car manufacturers to move towards electric mobility solutions. Aggressive carbon emission targets by the European Union are driving car manufacturers to increase their output of EVs, hence directly increasing the demand for traction motors. Furthermore, investments in charging infrastructure along with government incentives, in the form of subsidies or tax breaks on electric vehicle purchase, enhance consumer demand for EVs with advanced traction motors.

Europe hosts many leading automobile and technology companies, which adds to its appeal in the global market. Companies are key players in the development and supply of traction motors, contributing to the region's technological advancements and market growth.

For instance, in October 2024, TD Power Systems Limited, a leading manufacturer of generators and electric motors, signed a five-year agreement to supply traction motors to Europe, anticipating a business volume of USD 35.46 million from the agreement. The initial order, worth USD 2.1 million, is scheduled for delivery in April 2025.

Future Market Scenario (2025 - 2032F)

Innovations in traction motor technology, including the development of Permanent Magnet Synchronous Motors (PMSM) and AC traction motors are enhancing performance and efficiency.

Supportive government initiatives like subsidies on EV purchase and investments in charging infrastructure are expected to boost market growth.

Increased investment in transportation infrastructure, including railways and urban transit systems is creating opportunities.

Key Players Landscape and Outlook

The global automotive traction motor market features a dynamic and competitive landscape, with several key players driving the innovation and growth in the sector. Prominent companies are at the forefront of developing and manufacturing traction motors, focusing on enhancing efficiency, performance, and reliability to meet the surging demand for electric vehicles. Key players have invested heavily in research and development to better motor designs, especially Permanent Magnet Synchronous Motors (PMSMs) that would likely see the highest growth as they exhibit superior characteristics in performance. Other new ideas like the use of light materials and the development of sophisticated thermal management systems are under investigation to achieve further improved motor efficiency. Despite these positive trends, market pressures include price volatility for raw materials such as copper and aluminum, and traction motor safety concerns that would negatively affect production costs and the stability of the supply chain. However, electric mobility will continue to create huge opportunities for market growth.

For instance, in May 2022, Electric mobility startup Entuple E-Mobility Private Limited and automotive systems supplier Aditya Auto Products & Engineering (India) Private Limited have formed a joint venture to set up manufacturing facilities to supply electric traction hubs and mid-drive motors in Bangalore. The production of BLDC and PMSM Traction Motors will add to their existing portfolio of motors as they strive to offer our customers high performance, top-quality and cost-effective electric drivetrain solutions with a high level of localization.

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Product Code: MX12501

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

  • 4.1. Product and Market Intelligence
  • 4.2. Brand Awareness
  • 4.3. Factors Considered in Purchase Decisions
    • 4.3.1. Features and Other Value-Added Service
    • 4.3.2. Compatibility
    • 4.3.3. Efficiency of Energy-Efficient Solutions
    • 4.3.4. After-Sales Support
  • 4.4. Consideration of Privacy and Regulations

5. Global Automotive Traction Motor Market Outlook, 2018-2032F

  • 5.1. Market Size Analysis & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. Market Share Analysis & Forecast
    • 5.2.1. By Type
      • 5.2.1.1. DC Traction Motor
      • 5.2.1.2. AC Traction Motor
    • 5.2.2. By Motor Type
      • 5.2.2.1. AC Induction Motors
      • 5.2.2.2. Brushless Direct Current Motor
      • 5.2.2.3. Permanent Magnet Synchronous Motor
      • 5.2.2.4. Switched Reluctance Motor
    • 5.2.3. By EV Type
      • 5.2.3.1. Battery Electric Vehicle (BEV)
      • 5.2.3.2. Fuel Cell Electric Vehicle (FCEV)
      • 5.2.3.3. Hybrid Electric Vehicles (HEV)
      • 5.2.3.4. Plug-In Hybrid Electric Vehicle (PHEV)
    • 5.2.4. By Vehicle Type
      • 5.2.4.1. Commercial Vehicles
        • 5.2.4.1.1. Buses
        • 5.2.4.1.2. Trucks
        • 5.2.4.1.3. Vans
      • 5.2.4.2. Passenger Vehicles
    • 5.2.5. By Region
      • 5.2.5.1. North America
      • 5.2.5.2. Europe
      • 5.2.5.3. Asia-Pacific
      • 5.2.5.4. South America
      • 5.2.5.5. Middle East and Africa
    • 5.2.6. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2024)
  • 5.3. Market Map Analysis, 2024
    • 5.3.1. By Type
    • 5.3.2. By Motor Type
    • 5.3.3. By EV Type
    • 5.3.4. By Vehicle Type
    • 5.3.5. By Region

6. North America Automotive Traction Motor Market Outlook, 2018-2032F*

  • 6.1. Market Size Analysis & Forecast
    • 6.1.1. By Value
    • 6.1.2. By Volume
  • 6.2. Market Share Analysis & Forecast
    • 6.2.1. By Type
      • 6.2.1.1. DC Traction Motor
      • 6.2.1.2. AC Traction Motor
    • 6.2.2. By Motor Type
      • 6.2.2.1. AC Induction Motors
      • 6.2.2.2. Brushless Direct Current Motor
      • 6.2.2.3. Permanent Magnet Synchronous Motor
      • 6.2.2.4. Switched Reluctance Motor
    • 6.2.3. By EV Type
      • 6.2.3.1. Battery Electric Vehicle (BEV)
      • 6.2.3.2. Fuel Cell Electric Vehicle (FCEV)
      • 6.2.3.3. Hybrid Electric Vehicles (HEV)
      • 6.2.3.4. Plug-In Hybrid Electric Vehicle (PHEV)
    • 6.2.4. By Vehicle Type
      • 6.2.4.1. Commercial Vehicles
        • 6.2.4.1.1. Buses
        • 6.2.4.1.2. Trucks
        • 6.2.4.1.3. Vans
      • 6.2.4.2. Passenger Vehicles
    • 6.2.5. By Country Share
      • 6.2.5.1. United States
      • 6.2.5.2. Canada
      • 6.2.5.3. Mexico
  • 6.3. Country Market Assessment
    • 6.3.1. United States Automotive Traction Motor Market Outlook, 2018-2032F*
      • 6.3.1.1. Market Size Analysis & Forecast
        • 6.3.1.1.1. By Value
        • 6.3.1.1.2. By Volume
      • 6.3.1.2. Market Share Analysis & Forecast
        • 6.3.1.2.1. By Type
          • 6.3.1.2.1.1. DC Traction Motor
          • 6.3.1.2.1.2. AC Traction Motor
        • 6.3.1.2.2. By Motor Type
          • 6.3.1.2.2.1. AC Induction Motors
          • 6.3.1.2.2.2. Brushless Direct Current Motor
          • 6.3.1.2.2.3. Permanent Magnet Synchronous Motor
          • 6.3.1.2.2.4. Switched Reluctance Motor
        • 6.3.1.2.3. By EV Type
          • 6.3.1.2.3.1. Battery Electric Vehicle (BEV)
          • 6.3.1.2.3.2. Fuel Cell Electric Vehicle (FCEV)
          • 6.3.1.2.3.3. Hybrid Electric Vehicles (HEV)
          • 6.3.1.2.3.4. Plug-In Hybrid Electric Vehicle (PHEV)
        • 6.3.1.2.4. By Vehicle Type
          • 6.3.1.2.4.1. Commercial Vehicles
          • 6.3.1.2.4.1.1. Buses
          • 6.3.1.2.4.1.2. Trucks
          • 6.3.1.2.4.1.3. Vans
          • 6.3.1.2.4.2. Passenger Vehicles
    • 6.3.2. Canada
    • 6.3.3. Mexico

All segments will be provided for all regions and countries covered

7. Europe Automotive Traction Motor Market Outlook, 2018-2032F

  • 7.1. Germany
  • 7.2. France
  • 7.3. Italy
  • 7.4. United Kingdom
  • 7.5. Russia
  • 7.6. Netherlands
  • 7.7. Spain
  • 7.8. Turkey
  • 7.9. Poland

8. Asia-Pacific Automotive Traction Motor Market Outlook, 2018-2032F

  • 8.1. India
  • 8.2. China
  • 8.3. Japan
  • 8.4. Australia
  • 8.5. Vietnam
  • 8.6. South Korea
  • 8.7. Indonesia
  • 8.8. Philippines

9. South America Automotive Traction Motor Market Outlook, 2018-2032F

  • 9.1. Brazil
  • 9.2. Argentina

10. Middle East and Africa Automotive Traction Motor Market Outlook, 2018-2032F

  • 10.1. Saudi Arabia
  • 10.2. UAE
  • 10.3. South Africa

11. Demand Supply Analysis

12. Import and Export Analysis

13. Value Chain Analysis

14. Porter's Five Forces Analysis

15. PESTLE Analysis

16. Pricing Analysis

17. Market Dynamics

  • 17.1. Market Drivers
  • 17.2. Market Challenges

18. Market Trends and Developments

19. Case Studies

20. Competitive Landscape

  • 20.1. Competition Matrix of Top 5 Market Leaders
  • 20.2. SWOT Analysis for Top 5 Players
  • 20.3. Key Players Landscape for Top 10 Market Players
    • 20.3.1. BorgWarner Inc.
      • 20.3.1.1. Company Details
      • 20.3.1.2. Key Management Personnel
      • 20.3.1.3. Products and Services
      • 20.3.1.4. Financials (As Reported)
      • 20.3.1.5. Key Market Focus and Geographical Presence
      • 20.3.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 20.3.2. Schaeffler Group
    • 20.3.3. Nidec Corporation
    • 20.3.4. Robert Bosch GmbH.
    • 20.3.5. Bombardier Inc.
    • 20.3.6. ABB Ltd
    • 20.3.7. Entuple E-Mobility Private Limited
    • 20.3.8. Mitsubishi Electric Group
    • 20.3.9. Siemens Aktiengesellschaft
    • 20.3.10. WEG S.A.
    • 20.3.11. CRRC MA.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

21. Strategic Recommendations

22. About Us and Disclaimer

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Product Code: MX12501

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. Global Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 2. Global Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 3. Global Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 4. Global Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 5. Global Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 6. Global Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 7. Global Automotive Traction Motor Market Share (%), By Region, 2018-2032F
  • Figure 8. North America Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 9. North America Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 10. North America Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 11. North America Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 12. North America Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 13. North America Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 14. North America Automotive Traction Motor Market Share (%), By Country, 2018-2032F
  • Figure 15. United States Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 16. United States Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 17. United States Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 18. United States Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 19. United States Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 20. United States Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 21. Canada Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 22. Canada Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 23. Canada Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 24. Canada Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 25. Canada Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 26. Canada Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 27. Mexico Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 28. Mexico Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 29. Mexico Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 30. Mexico Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 31. Mexico Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 32. Mexico Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 33. Europe Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 34. Europe Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 35. Europe Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 36. Europe Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 37. Europe Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 38. Europe Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 39. Europe Automotive Traction Motor Market Share (%), By Country, 2018-2032F
  • Figure 40. Germany Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 41. Germany Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 42. Germany Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 43. Germany Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 44. Germany Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 45. Germany Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 46. France Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 47. France Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 48. France Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 49. France Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 50. France Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 51. France Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 52. Italy Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 53. Italy Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 54. Italy Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 55. Italy Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 56. Italy Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 57. Italy Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 58. United Kingdom Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 59. United Kingdom Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 60. United Kingdom Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 61. United Kingdom Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 62. United Kingdom Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 63. United Kingdom Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 64. Russia Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 65. Russia Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 66. Russia Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 67. Russia Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 68. Russia Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 69. Russia Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 70. Netherlands Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 71. Netherlands Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 72. Netherlands Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 73. Netherlands Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 74. Netherlands Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 75. Netherlands Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 76. Spain Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 77. Spain Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 78. Spain Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 79. Spain Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 80. Spain Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 81. Spain Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 82. Turkey Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 83. Turkey Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 84. Turkey Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 85. Turkey Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 86. Turkey Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 87. Turkey Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 88. Poland Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 89. Poland Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 90. Poland Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 91. Poland Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 92. Poland Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 93. Poland Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 94. South America Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 95. South America Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 96. South America Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 97. South America Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 98. South America Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 99. South America Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 100. South America Automotive Traction Motor Market Share (%), By Country, 2018-2032F
  • Figure 101. Brazil Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 102. Brazil Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 103. Brazil Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 104. Brazil Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 105. Brazil Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 106. Brazil Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 107. Argentina Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 108. Argentina Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 109. Argentina Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 110. Argentina Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 111. Argentina Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 112. Argentina Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 113. Asia-Pacific Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 114. Asia-Pacific Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 115. Asia-Pacific Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 116. Asia-Pacific Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 117. Asia-Pacific Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 118. Asia-Pacific Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 119. Asia-Pacific Automotive Traction Motor Market Share (%), By Country, 2018-2032F
  • Figure 120. India Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 121. India Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 122. India Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 123. India Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 124. India Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 125. India Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 126. China Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 127. China Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 128. China Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 129. China Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 130. China Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 131. China Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 132. Japan Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 133. Japan Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 134. Japan Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 135. Japan Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 136. Japan Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 137. Japan Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 138. Australia Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 139. Australia Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 140. Australia Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 141. Australia Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 142. Australia Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 143. Australia Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 144. Vietnam Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 145. Vietnam Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 146. Vietnam Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 147. Vietnam Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 148. Vietnam Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 149. Vietnam Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 150. South Korea Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 151. South Korea Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 152. South Korea Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 153. South Korea Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 154. South Korea Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 155. South Korea Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 156. Indonesia Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 157. Indonesia Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 158. Indonesia Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 159. Indonesia Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 160. Indonesia Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 161. Indonesia Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 162. Philippines Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 163. Philippines Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 164. Philippines Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 165. Philippines Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 166. Philippines Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 167. Philippines Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 168. Middle East & Africa Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 169. Middle East & Africa Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 170. Middle East & Africa Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 171. Middle East & Africa Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 172. Middle East & Africa Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 173. Middle East & Africa Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 174. Middle East & Africa Automotive Traction Motor Market Share (%), By Country, 2018-2032F
  • Figure 175. Saudi Arabia Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 176. Saudi Arabia Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 177. Saudi Arabia Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 178. Saudi Arabia Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 179. Saudi Arabia Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 180. Saudi Arabia Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 181. UAE Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 182. UAE Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 183. UAE Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 184. UAE Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 185. UAE Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 186. UAE Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 187. South Africa Automotive Traction Motor Market, By Value, In USD Billion, 2018-2032F
  • Figure 188. South Africa Automotive Traction Motor Market, By Volume, In Units, 2018-2032F
  • Figure 189. South Africa Automotive Traction Motor Market Share (%), By Type, 2018-2032F
  • Figure 190. South Africa Automotive Traction Motor Market Share (%), By Motor Type, 2018-2032F
  • Figure 191. South Africa Automotive Traction Motor Market Share (%), By EV Type, 2018-2032F
  • Figure 192. South Africa Automotive Traction Motor Market Share (%), By Vehicle Type, 2018-2032F
  • Figure 193. By Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 194. By Motor Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 195. By EV Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 196. By Vehicle Type Map-Market Size (USD Billion) & Growth Rate (%), 2024
  • Figure 197. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2024
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