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Global Electric Commercial Vehicle Traction Motor Market Report 2024

Electric Commercial Vehicle Traction Motor Global Market Report 2024 – By Vehicle Type (Buses, Trucks, Vans), By Design (Axial Flux, Radial Flux), By Transmission (Single Speed Drive, Multi-Speed Drive), By Power Output (Less Than 100 kW, 100-200 kW, 200-400 kW, Above 400 kW), By Motor Type (Permanent Magnet Synchronous Motor (PMSM), Alternating Current (AC) Induction Motor, Direct Current (DC) Traction Motor) – Market Size, Trends, And Global Forecast 2024-2033

Electric Commercial Vehicle Traction Motor Global Market Report 2024

Starting Price : $4000.00 | Pages : 175 | Published : August 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Electric Commercial Vehicle Traction Motor Market Definition

An electric commercial vehicle traction motor is a specialized electric motor designed to propel commercial vehicles such as trucks and buses. It converts electrical energy into mechanical energy to drive the vehicle's wheels. These motors are optimized for high torque and efficiency to handle the demands of heavy-duty transportation.

The main vehicle types of the electric commercial vehicle traction motor are buses, trucks, and vans. Buses refer to electric commercial vehicles designed for transporting passengers, typically over longer distances or within urban areas. The design includes axial flux and radial flux, and the transmissions are single-speed drive and multi-speed drive. The power output is less than 100 kW, 100–200 kW, 200–400 kW, or above 400 kW, and the motor type is a permanent magnet synchronous motor (PMSM), an alternating current (AC) induction motor, and a direct current (DC) traction motor.

Electric Commercial Vehicle Traction Motor Market Segmentation

The electric commercial vehicle traction motor market covered in this report is segmented –

1) By Vehicle Type: Buses, Trucks, Vans

2) By Design: Axial Flux, Radial Flux

3) By Transmission: Single Speed Drive, Multi-Speed Drive

4) By Power Output: Less Than 100 kW, 100-200 kW, 200-400 kW, Above 400 kW

5) By Motor Type: Permanent Magnet Synchronous Motor (PMSM), Alternating Current (AC) Induction Motor, Direct Current (DC) Traction Motor

Global Electric Commercial Vehicle Traction Motor Market Size 2023 to 2028: Graph

Electric Commercial Vehicle Traction Motor Market Size 2024 And Growth Rate

The electric commercial vehicle traction motor market size has grown exponentially in recent years. It will grow from $1.27 billion in 2023 to $1.54 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to government incentives for electrification, increasing awareness of environmental impact, improvements in charging infrastructure, and growing demand for sustainable transport solutions.

Electric Commercial Vehicle Traction Motor Market Growth Forecast

The electric commercial vehicle traction motor market size is expected to see exponential growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to the expansion of electric vehicle (EV) fleets by commercial logistics companies, the adoption of autonomous driving technology in commercial vehicles, and the emergence of new business models like battery swapping for commercial EVs. Major trends in the forecast period include integration with power electronics, development of advanced cooling techniques, implementation of robust design and testing standards, and integration with advanced vehicle systems.

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Electric Commercial Vehicle Traction Motor Market Driver: Electric Heavy Commercial Vehicles Fuel Growth In Traction Motor Market

Rising demand for electric heavy commercial vehicles is expected to propel the growth of the electric commercial vehicle traction motor market going forward. Electric heavy commercial vehicles are large vehicles designed for commercial use, such as trucks and buses, that are powered by electric motors instead of traditional internal combustion engines. The rise of electric heavy commercial vehicles is driven by their environmental benefits, cost efficiency, and supportive government policies. Traction motors in electric heavy commercial vehicles supply the power and torque needed for efficient and reliable operation. For instance, in July 2023, according to the International Energy Agency (IEA), a France-based autonomous intergovernmental organization, in 2022, 54,000 new electric buses and an estimated 52,000 electric medium- and heavy-duty trucks were sold in China, compared to 50,000 and 37,000, respectively, in 2021. Therefore, rising demand for electric heavy commercial vehicles is driving the growth of the electric commercial vehicle traction motor market.

Global Electric Commercial Vehicle Traction Motor Market Major Players

Major companies operating in the electric commercial vehicle traction motor market are Robert Bosch GmbH, Hitachi Ltd., Siemens AG, Posco International, BYD CO.LTD, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Aisin Corporation, ASEA Brown Boveri ABB, Toshiba Group, Valeo SA, Nidec Corporation, Parker Hannifin Corporation, BorgWarner Inc., Dana Limited, American Axle & Manufacturing, Allison Transmission Inc., TECO Electric And Machinery Co., Zhongshan Broad-Ocean Motor Co. Ltd., Remy Group, MAHLE GmbH, Kollmorgen, Equipmake

Global Electric Commercial Vehicle Traction Motor Market Trend: Advancements In Electric Commercial Vehicle Traction Motors

Major companies operating in the electric commercial vehicle traction motor market are developing innovative solutions, such as compact and lightweight traction motors, to gain a competitive edge in the market. Compact and lightweight traction motors are electric motors designed to be small in size and low in weight relative to their power output. For instance, in July 2022, Mahle GmbH, a Germany-based automotive parts manufacturer, launched the SCT E-motor. This traction motor is designed for electric passenger vehicles, commercial vehicles, construction equipment, and tractors. The SCT E-motor combines a permanently excited motor design with neodymium magnets in a compact unit. It features integrated oil cooling, enhancing its robustness and allowing waste heat to be utilized within the vehicle's overall system. The SCT E-motor is unique in the market due to its exceptionally high ratio of continuous output to peak output, exceeding 90%. This impressive performance is achieved through an innovative integrated oil cooling system, which enhances the motor's robustness and enables the use of waste heat within the vehicle's entire system.

Electric Commercial Vehicle Traction Motor Market Merger And Acquisition: Mercedes-Benz Boosts Electric Vehicle Strategy With YASA Acquisition

In July 2021, Mercedes-Benz, a Germany-based automobile manufacturer, acquired YASA Limited for an undisclosed amount. The aim of the acquisition of YASA by Mercedes-Benz was to leverage YASA's next-generation electric drive technology to enhance the performance and efficiency of Mercedes-Benz's electric vehicles. YASA Limited is a UK-based manufacturer of electric commercial vehicle traction motors.

Regional Insights For The Global Electric Commercial Vehicle Traction Motor Market

Asia-Pacific was the largest region in the electric commercial vehicle traction motor market in 2023. The regions covered in the electric commercial vehicle traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the electric commercial vehicle traction motor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The electric commercial vehicle traction motor market consists of sales of power electronics, control systems, drivetrain integration solutions, and traction motors. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The electric commercial vehicle traction motor market research report is one of a series of new reports from The Business Research Company that provides electric commercial vehicle traction motor market statistics, including electric commercial vehicle traction motor industry global market size, regional shares, competitors with a electric commercial vehicle traction motor market share, detailed electric commercial vehicle traction motor market segments, market trends and opportunities, and any further data you may need to thrive in the electric commercial vehicle traction motor industry. This electric commercial vehicle traction motor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Electric Commercial Vehicle Traction Motor Market Report Forecast And Analysis
Report AttributeDetails
Market Size Value In 2024 $1.54 billion
Revenue Forecast In 2033 $3.42 billion
Growth Rate CAGR of 22.0% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Vehicle Type: Buses; Trucks; Vans
2) By Design: Axial Flux; Radial Flux
3) By Transmission: Single Speed Drive; Multi-Speed Drive
4) By Power Output: Less Than 100 kW; 100-200 kW; 200-400 kW; Above 400 kW
5) By Motor Type: Permanent Magnet Synchronous Motor (PMSM); Alternating Current (AC) Induction Motor; Direct Current (DC) Traction Motor
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Robert Bosch GmbH, Hitachi Ltd., Siemens AG, Posco International, BYD CO.LTD, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Aisin Corporation, ASEA Brown Boveri ABB, Toshiba Group, Valeo SA, Nidec Corporation, Parker Hannifin Corporation, BorgWarner Inc., Dana Limited, American Axle & Manufacturing, Allison Transmission Inc., TECO Electric And Machinery Co., Zhongshan Broad-Ocean Motor Co. Ltd., Remy Group, MAHLE GmbH, Kollmorgen, Equipmake
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Electric Commercial Vehicle Traction Motor Market Characteristics

    3. Electric Commercial Vehicle Traction Motor Market Trends And Strategies

    4. Electric Commercial Vehicle Traction Motor Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Electric Commercial Vehicle Traction Motor Market Size and Growth

    5.1. Global Electric Commercial Vehicle Traction Motor Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Electric Commercial Vehicle Traction Motor Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Electric Commercial Vehicle Traction Motor Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Electric Commercial Vehicle Traction Motor Market Segmentation

    6.1. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Buses

    Trucks

    Vans

    6.2. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Axial Flux

    Radial Flux

    6.3. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Single Speed Drive

    Multi-Speed Drive

    6.4. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Less Than 100 kW

    100-200 kW

    200-400 kW

    Above 400 kW

    6.5. Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Permanent Magnet Synchronous Motor (PMSM)

    Alternating Current (AC) Induction Motor

    Direct Current (DC) Traction Motor

    7. Electric Commercial Vehicle Traction Motor Market Regional And Country Analysis

    7.1. Global Electric Commercial Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Electric Commercial Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Electric Commercial Vehicle Traction Motor Market

    8.1. Asia-Pacific Electric Commercial Vehicle Traction Motor Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Electric Commercial Vehicle Traction Motor Market

    9.1. China Electric Commercial Vehicle Traction Motor Market Overview

    9.2. China Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Electric Commercial Vehicle Traction Motor Market

    10.1. India Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Electric Commercial Vehicle Traction Motor Market

    11.1. Japan Electric Commercial Vehicle Traction Motor Market Overview

    11.2. Japan Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Electric Commercial Vehicle Traction Motor Market

    12.1. Australia Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Electric Commercial Vehicle Traction Motor Market

    13.1. Indonesia Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Electric Commercial Vehicle Traction Motor Market

    14.1. South Korea Electric Commercial Vehicle Traction Motor Market Overview

    14.2. South Korea Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Electric Commercial Vehicle Traction Motor Market

    15.1. Western Europe Electric Commercial Vehicle Traction Motor Market Overview

    15.2. Western Europe Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Electric Commercial Vehicle Traction Motor Market

    16.1. UK Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Electric Commercial Vehicle Traction Motor Market

    17.1. Germany Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Electric Commercial Vehicle Traction Motor Market

    18.1. France Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Electric Commercial Vehicle Traction Motor Market

    19.1. Italy Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Electric Commercial Vehicle Traction Motor Market

    20.1. Spain Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Electric Commercial Vehicle Traction Motor Market

    21.1. Eastern Europe Electric Commercial Vehicle Traction Motor Market Overview

    21.2. Eastern Europe Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Electric Commercial Vehicle Traction Motor Market

    22.1. Russia Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Electric Commercial Vehicle Traction Motor Market

    23.1. North America Electric Commercial Vehicle Traction Motor Market Overview

    23.2. North America Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Electric Commercial Vehicle Traction Motor Market

    24.1. USA Electric Commercial Vehicle Traction Motor Market Overview

    24.2. USA Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Electric Commercial Vehicle Traction Motor Market

    25.1. Canada Electric Commercial Vehicle Traction Motor Market Overview

    25.2. Canada Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Electric Commercial Vehicle Traction Motor Market

    26.1. South America Electric Commercial Vehicle Traction Motor Market Overview

    26.2. South America Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Electric Commercial Vehicle Traction Motor Market

    27.1. Brazil Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Electric Commercial Vehicle Traction Motor Market

    28.1. Middle East Electric Commercial Vehicle Traction Motor Market Overview

    28.2. Middle East Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Electric Commercial Vehicle Traction Motor Market

    29.1. Africa Electric Commercial Vehicle Traction Motor Market Overview

    29.2. Africa Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Electric Commercial Vehicle Traction Motor Market Competitive Landscape And Company Profiles

    30.1. Electric Commercial Vehicle Traction Motor Market Competitive Landscape

    30.2. Electric Commercial Vehicle Traction Motor Market Company Profiles

    30.2.1. Robert Bosch GmbH

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Hitachi Ltd.

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Siemens AG

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Posco International

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. BYD CO.LTD

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Electric Commercial Vehicle Traction Motor Market Other Major And Innovative Companies

    31.1. Denso Corporation

    31.2. ZF Friedrichshafen AG

    31.3. Continental AG

    31.4. Magna International Inc.

    31.5. Aisin Corporation

    31.6. ASEA Brown Boveri ABB

    31.7. Toshiba Group

    31.8. Valeo SA

    31.9. Nidec Corporation

    31.10. Parker Hannifin Corporation

    31.11. BorgWarner Inc.

    31.12. Dana Limited

    31.13. American Axle & Manufacturing

    31.14. Allison Transmission Inc.

    31.15. TECO Electric And Machinery Co.

    32. Global Electric Commercial Vehicle Traction Motor Market Competitive Benchmarking

    33. Global Electric Commercial Vehicle Traction Motor Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Electric Commercial Vehicle Traction Motor Market

    35. Electric Commercial Vehicle Traction Motor Market Future Outlook and Potential Analysis

    35.1 Electric Commercial Vehicle Traction Motor Market In 2028 - Countries Offering Most New Opportunities

    35.2 Electric Commercial Vehicle Traction Motor Market In 2028 - Segments Offering Most New Opportunities

    35.3 Electric Commercial Vehicle Traction Motor Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Electric Commercial Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Electric Commercial Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Robert Bosch GmbH Financial Performance
  • Table 77: Hitachi Ltd. Financial Performance
  • Table 78: Siemens AG Financial Performance
  • Table 79: Posco International Financial Performance
  • Table 80: BYD CO.LTD Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Power Output, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Electric Commercial Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Electric Commercial Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Electric Commercial Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Design, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Electric Commercial Vehicle Traction Motor Market, Segmentation By Transmission, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Robert Bosch GmbH Financial Performance
  • Figure 77: Hitachi Ltd. Financial Performance
  • Figure 78: Siemens AG Financial Performance
  • Figure 79: Posco International Financial Performance
  • Figure 80: BYD CO.LTD Financial Performance

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Frequently Asked Questions

What is the definition of the Electric Commercial Vehicle Traction Motor market?

An electric commercial vehicle traction motor is a specialized electric motor designed to propel commercial vehicles such as trucks and buses. It converts electrical energy into mechanical energy to drive the vehicle's wheels. These motors are optimized for high torque and efficiency to handle the demands of heavy-duty transportation. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here

How will the Electric Commercial Vehicle Traction Motor market drivers and restraints affect the Electric Commercial Vehicle Traction Motor market dynamics? What forces will shape the Electric Commercial Vehicle Traction Motor industry going forward?

The Electric Commercial Vehicle Traction Motor market major growth driver - Electric Heavy Commercial Vehicles Fuel Growth In Traction Motor Market. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here

What is the forecast market size or the forecast market value of the Electric Commercial Vehicle Traction Motor market?

The electric commercial vehicle traction motor market size has grown exponentially in recent years. It will grow from $1.27 billion in 2023 to $1.54 billion in 2024 at a compound annual growth rate (CAGR) of 21.9%. The growth in the historic period can be attributed to government incentives for electrification, increasing awareness of environmental impact, improvements in charging infrastructure, and growing demand for sustainable transport solutions. The electric commercial vehicle traction motor market size is expected to see exponential growth in the next few years. It will grow to $3.42 billion in 2028 at a compound annual growth rate (CAGR) of 22.0%. The growth in the forecast period can be attributed to the expansion of electric vehicle (EV) fleets by commercial logistics companies, the adoption of autonomous driving technology in commercial vehicles, and the emergence of new business models like battery swapping for commercial EVs. Major trends in the forecast period include integration with power electronics, development of advanced cooling techniques, implementation of robust design and testing standards, and integration with advanced vehicle systems. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here

How is the Electric Commercial Vehicle Traction Motor market segmented?

The Electric Commercial Vehicle Traction Motor market is segmented
1) By Vehicle Type: Buses, Trucks, Vans
2) By Design: Axial Flux, Radial Flux
3) By Transmission: Single Speed Drive, Multi-Speed Drive
4) By Power Output: Less Than 100 kW, 100-200 kW, 200-400 kW, Above 400 kW
5) By Motor Type: Permanent Magnet Synchronous Motor (PMSM), Alternating Current (AC) Induction Motor, Direct Current (DC) Traction MotorFor further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here

Which region has the largest share of the Electric Commercial Vehicle Traction Motor market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the electric commercial vehicle traction motor market in 2023. The regions covered in the electric commercial vehicle traction motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here.

Who are the major players in the Electric Commercial Vehicle Traction Motor market?

Major companies operating in the electric commercial vehicle traction motor market are Robert Bosch GmbH, Hitachi Ltd., Siemens AG, Posco International, BYD CO.LTD, Denso Corporation, ZF Friedrichshafen AG, Continental AG, Magna International Inc., Aisin Corporation, ASEA Brown Boveri ABB, Toshiba Group, Valeo SA, Nidec Corporation, Parker Hannifin Corporation, BorgWarner Inc., Dana Limited, American Axle & Manufacturing, Allison Transmission Inc., TECO Electric And Machinery Co., Zhongshan Broad-Ocean Motor Co. Ltd., Remy Group, MAHLE GmbH, Kollmorgen, Equipmake For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here.

What are the key trends in the Electric Commercial Vehicle Traction Motor market?

Major trend in the Electric Commercial Vehicle Traction Motor market - Advancements In Electric Commercial Vehicle Traction Motors. For further insights on the Electric Commercial Vehicle Traction Motor market, request a sample here.

What are the major opportunities in the Electric Commercial Vehicle Traction Motor market? What are the strategies for the Electric Commercial Vehicle Traction Motor market?

For detailed insights on the major opportunities and strategies in the Electric Commercial Vehicle Traction Motor market, request a sample here.

How does the Electric Commercial Vehicle Traction Motor market relate to the overall economy and other similar markets?

For detailed insights on Electric Commercial Vehicle Traction Motor market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the Electric Commercial Vehicle Traction Motor industry?

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What are the key dynamics influencing the Electric Commercial Vehicle Traction Motor market growth? SWOT analysis of the Electric Commercial Vehicle Traction Motor market.

For detailed insights on the key dynamics influencing the Electric Commercial Vehicle Traction Motor market growth and SWOT analysis of the Electric Commercial Vehicle Traction Motor industry, request a sample here.