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

For detailed insights on the major opportunities and strategies in the Electric Vehicle Traction Motor market, Read More

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

For detailed insights on Electric Vehicle Traction Motor's relation to the overall economy and other similar markets, Read More

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

For detailed insights on the key dynamics influencing the Electric Vehicle Traction Motor market growth and SWOT analysis of the Electric Vehicle Traction Motor industry, Read More

Electric Vehicle Traction Motor Report Infographic Image

Item added to cart!

Published : February 2026

Pages : 200

Format : PDF

Delivery Time : 2-3 Business Days

Report Price : $4490.00

Purchase This Report Download Sample PDF

Purchase This Report

Electric Vehicle Traction Motor Market Report 2026

Name: Electric Vehicle Traction Motor Market Report 2026
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

Global Outlook – By Motor Type ( Permanent Magnet Synchronous EV Traction Motors (PMSM), Asynchronous EV Traction Motors (ASM)), By Voltage Ratings ( High Voltage EV Traction Motors, Low Voltage EV Traction Motors), By Vehicle Type ( Hybrid Vehicles, Battery Electric Vehicles, Fuel Cell Electric Vehicles), By Application ( Railways, Passenger And Commercial Vehicles, Other Applications) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Electric Vehicle Traction Motor Market Overview

• Electric Vehicle Traction Motor market size has reached to $17.77 billion in 2025

• Expected to grow to $92.26 billion in 2030 at a compound annual growth rate (CAGR) of 38.8%

• Growth Driver: Surging Sales Of Hybrid Electric Vehicles Drive Growth In The Electric Vehicle Traction Motor Market

• Market Trend: Advancements In Technology Drive Innovation In The Electric Vehicle Traction Motor Market

• Asia-Pacific was the largest region in 2025 and North America is the fastest growing region.

What Is Covered Under Electric Vehicle Traction Motor Market?

An electric vehicle traction motor refers to the motor that turns the wheels of a vehicle. Some vehicles use motor generators for both driving and regeneration. It is used for converting electrical energy to mechanical energy in a method that propels the vehicle beyond aerodynamic drag, rolling resistance drag, and kinetic resistance is the motor that powers the vehicle's wheels.

The main motor types of electric vehicle traction motors are permanent-magnet synchronous EV traction motors (PSM) and asynchronous EV traction motors (ASM). Permanent magnet synchronous EV traction motors can deliver excellent torque-to-current ratios, power-to-weight ratios, efficiency, and robustness. PSMs are widely employed in modern variable-speed AC drives. The voltage ratings of electric vehicle traction motors include high-voltage EV traction motors and low-voltage EV traction motors. The vehicle types that adopt electric vehicle traction motors include hybrid vehicles, battery electric vehicles, and fuel-cell electric vehicles. The various applications of electric vehicle traction motors include railways, passenger and commercial vehicles, and others.

Electric Vehicle Traction Motor market report bar graph

What Is The Electric Vehicle Traction Motor Market Size 2026 And Growth Rate?

The electric vehicle traction motor market size has grown exponentially in recent years. It will grow from $17.77 billion in 2025 to $24.83 billion in 2026 at a compound annual growth rate (CAGR) of 39.7%. The growth in the historic period can be attributed to early development of electric traction systems in rail, rising demand for hybrid and electric passenger vehicles, improvements in motor efficiency and power density, growth in renewable powered transportation, expansion of automotive electrification programs.

What Is The Electric Vehicle Traction Motor Market Growth Forecast?

The electric vehicle traction motor market size is expected to see exponential growth in the next few years. It will grow to $92.26 billion in 2030 at a compound annual growth rate (CAGR) of 38.8%. The growth in the forecast period can be attributed to increasing production of battery electric vehicles, rising adoption of rare earth free motor technologies, expansion of high performance motors for commercial fleets, growth in connected and smart motor control systems, increasing focus on recyclable and modular motor designs. Major trends in the forecast period include advances in high efficiency permanent magnet motors, growing adoption of integrated motor and inverter systems, rising demand for lightweight and compact motor architectures, increasing focus on thermal management solutions for traction motors, expansion of high voltage motor applications in heavy vehicles.

Book your 30 minutes free consultation with our research experts

Global Electric Vehicle Traction Motor Market Segmentation

1) By Motor Type: Permanent Magnet Synchronous EV Traction Motors (PMSM), Asynchronous EV Traction Motors (ASM)

2) By Voltage Ratings: High Voltage EV Traction Motors, Low Voltage EV Traction Motors

3) By Vehicle Type: Hybrid Vehicles, Battery Electric Vehicles, Fuel Cell Electric Vehicles

4) By Application: Railways, Passenger And Commercial Vehicles, Other Applications

Subsegments:

1) By Permanent Magnet Synchronous EV Traction Motors (PMSM): Surface-Mounted PMSM, Interior Permanent Magnet (IPM) Motors

2) By Asynchronous EV Traction Motors (ASM): Induction Motors, Squirrel Cage Motors

What Is The Driver Of The Electric Vehicle Traction Motor Market?

The increasing sales of hybrid electric vehicles are expected to propel the growth of the electric vehicle traction motor market. A hybrid electric vehicle is a hybrid vehicle that combines an internal combustion engine and an electric propulsion system. The rapid growth in sales of hybrid electric vehicles is expected to boost the utilization of traction motors, as they are essential components in hybrid and electric vehicles. For instance, in January 2024, according to the U.S. Department of Energy, a US-based federal agency, plug-in electric vehicle sales increased from 6.8% of all light-duty vehicle sales in 2022 to 9.1% in 2023, reflecting a growth of 2.3 percentage points in market share. Therefore, the growing sales of hybrid electric vehicles are expected to boost demand for electric vehicle traction motors during the forecast period.

Key Players In The Global Electric Vehicle Traction Motor Market

Major companies operating in the electric vehicle traction motor market are Siemens AG, ABB Ltd., Hitachi, Ltd., CRRC Corporation Limited, Robert Bosch GmbH, Parker-Hannifin Corporation, Bharat Heavy Electricals Limited (BHEL), Nidec Corporation, Kawasaki Heavy Industries, Ltd., AMETEK, Inc., Mitsubishi Electric Corporation, CG Power and Industrial Solutions Limited, Toshiba Corporation, Alstom SA, Continental AG, WEG S.A., Eberle Motors, Voges Motores Elétricos, Nova Motores, Cestari Industrial, Tintori Motores Elétricos, Motomil, Taizhou Dongchun Motor Co., Ltd., General Electric Company

Global Electric Vehicle Traction Motor Market Trends and Insights

Major companies operating in the electric vehicle traction motor market are focusing on developing new technologies, such as innovative energy-efficient motor and inverter packages, to enhance overall vehicle performance and efficiency. Energy-efficient motor and inverter packages refer to integrated systems designed for electric vehicles, combining a high-performance electric motor and a corresponding inverter that optimally manages electrical power conversion. For instance, in May 2023, ABB Ltd., a Switzerland-based technology company that specializes in electrification and automation, launched an innovative energy-efficient motor and inverter package tailored for electric buses, comprising the AMXE250 motor and the HES580 inverter. This new propulsion system features the first 3-level inverter designed specifically for buses, delivering up to 12% fewer motor losses and significantly reducing harmonic losses by up to 75% compared to conventional 2-level inverters. The AMXE250 motor is characterized by high torque density and quieter operation, enhancing dynamic performance and passenger comfort. This advanced technology improves energy efficiency and extends the lifespan and reliability of the entire electric drivetrain.

Need data on a specific region in this market?

Request Regional Data

What Are Latest Mergers And Acquisitions In The Electric Vehicle Traction Motor Market?

In September 2024, WEG Industries, a Brazil-based company that produces and sells electric and electronic equipment, acquired Volt Electric Motors, seeking to diversify its product offerings in the industrial and commercial electric motor market. The acquisition will facilitate access to key regional markets, including Eastern Europe, the Middle East, Central Asia, and North Africa. Volt Electric Motors is a Turkey-based manufacturer of industrial and commercial electric motors.

Regional Outlook

Asia-Pacific was the largest region in the electric vehicle traction motor market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Electric Vehicle Traction Motor Market?

The electric vehicle traction motor market consists of sales of DC motors, brushless DC motors, permanent magnet synchronous motors, three-phase induction motors, and switched reluctance 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.

How is Market Value Defined and Measured?

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.

What Key Data and Analysis Are Included in the Electric Vehicle Traction Motor Market Report 2026?

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

Author : Girish Kavali

Electric Vehicle Traction Motor Market Report 2026 Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2026	$24.83 billion
Revenue Forecast In 2035	$92.26 billion
Growth Rate	CAGR of 39.7% from 2026 to 2035
Base Year For Estimation	2025
Actual Estimates/Historical Data	2020-2025
Forecast Period	2026 - 2030 - 2035
Market Representation	Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered	Motor Type, Voltage Ratings, Vehicle Type, Application
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, ...
Key Companies Profiled	Siemens AG, ABB Ltd., Hitachi, Ltd., CRRC Corporation Limited, Robert Bosch GmbH, Parker-Hannifin Corporation, Bharat Heavy Electricals Limited (BHEL), Nidec Corporation, Kawasaki Heavy Industries, Ltd., AMETEK, Inc., Mitsubishi Electric Corporation, CG Power and Industrial Solutions Limited, Toshiba Corporation, Alstom SA, Continental AG, WEG S.A., Eberle Motors, Voges Motores Elétricos, Nova Motores, Cestari Industrial, Tintori Motores Elétricos, Motomil, Taizhou Dongchun Motor Co., Ltd., General Electric Company
Customization Scope	Request for Customization
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Electric Vehicle Traction Motor Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Electric Vehicle Traction Motor Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Electric Vehicle Traction Motor Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Electric Vehicle Traction Motor Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Electric Mobility And Transportation Electrification

4.1.2 Sustainability Climate Tech And Circular Economy

4.1.3 Industry 4.0 And Intelligent Manufacturing

4.1.4 Internet Of Things (Iot) Smart Infrastructure And Connected Ecosystems

4.1.5 Digitalization Cloud Big Data And Cybersecurity

4.2. Major Trends

4.2.1 Advances In High Efficiency Permanent Magnet Motors

4.2.2 Growing Adoption Of Integrated Motor And Inverter Systems

4.2.3 Rising Demand For Lightweight And Compact Motor Architectures

4.2.4 Increasing Focus On Thermal Management Solutions For Traction Motors

4.2.5 Expansion Of High Voltage Motor Applications In Heavy Vehicles

5. Electric Vehicle Traction Motor Market Analysis Of End Use Industries

5.1 Passenger Vehicle Manufacturers

5.2 Commercial Vehicle Manufacturers

5.3 Railway Operators

5.4 Electric Fleet Providers

5.5 Electric Powertrain System Integrators

6. Electric Vehicle Traction Motor Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Electric Vehicle Traction Motor Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Electric Vehicle Traction Motor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Electric Vehicle Traction Motor Market Size, Comparisons And Growth Rate Analysis

7.3. Global Electric Vehicle Traction Motor Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Electric Vehicle Traction Motor Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Electric Vehicle Traction Motor Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Electric Vehicle Traction Motor Market Segmentation

9.1. Global Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Permanent Magnet Synchronous EV Traction Motors (PMSM), Asynchronous EV Traction Motors (ASM)

9.2. Global Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

High Voltage EV Traction Motors, Low Voltage EV Traction Motors

9.3. Global Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Hybrid Vehicles, Battery Electric Vehicles, Fuel Cell Electric Vehicles

9.4. Global Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Railways, Passenger And Commercial Vehicles, Other Applications

9.5. Global Electric Vehicle Traction Motor Market, Sub-Segmentation Of Permanent Magnet Synchronous EV Traction Motors (PMSM), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Surface-Mounted PMSM, Interior Permanent Magnet (IPM) Motors

9.6. Global Electric Vehicle Traction Motor Market, Sub-Segmentation Of Asynchronous EV Traction Motors (ASM), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Induction Motors, Squirrel Cage Motors

10. Electric Vehicle Traction Motor Market Regional And Country Analysis

10.1. Global Electric Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Electric Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Electric Vehicle Traction Motor Market

11.1. Asia-Pacific Electric Vehicle Traction Motor Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Electric Vehicle Traction Motor Market

12.1. China Electric Vehicle Traction Motor Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Electric Vehicle Traction Motor Market

13.1. India Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Electric Vehicle Traction Motor Market

14.1. Japan Electric Vehicle Traction Motor Market Overview

14.2. Japan Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Electric Vehicle Traction Motor Market

15.1. Australia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Electric Vehicle Traction Motor Market

16.1. Indonesia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Electric Vehicle Traction Motor Market

17.1. South Korea Electric Vehicle Traction Motor Market Overview

17.2. South Korea Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Electric Vehicle Traction Motor Market

18.1. Taiwan Electric Vehicle Traction Motor Market Overview

18.2. Taiwan Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Electric Vehicle Traction Motor Market

19.1. South East Asia Electric Vehicle Traction Motor Market Overview

19.2. South East Asia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Electric Vehicle Traction Motor Market

20.1. Western Europe Electric Vehicle Traction Motor Market Overview

20.2. Western Europe Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Electric Vehicle Traction Motor Market

21.1. UK Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Electric Vehicle Traction Motor Market

22.1. Germany Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Electric Vehicle Traction Motor Market

23.1. France Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Electric Vehicle Traction Motor Market

24.1. Italy Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Electric Vehicle Traction Motor Market

25.1. Spain Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Electric Vehicle Traction Motor Market

26.1. Eastern Europe Electric Vehicle Traction Motor Market Overview

26.2. Eastern Europe Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Electric Vehicle Traction Motor Market

27.1. Russia Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Electric Vehicle Traction Motor Market

28.1. North America Electric Vehicle Traction Motor Market Overview

28.2. North America Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Electric Vehicle Traction Motor Market

29.1. USA Electric Vehicle Traction Motor Market Overview

29.2. USA Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Electric Vehicle Traction Motor Market

30.1. Canada Electric Vehicle Traction Motor Market Overview

30.2. Canada Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Electric Vehicle Traction Motor Market

31.1. South America Electric Vehicle Traction Motor Market Overview

31.2. South America Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Electric Vehicle Traction Motor Market

32.1. Brazil Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Electric Vehicle Traction Motor Market

33.1. Middle East Electric Vehicle Traction Motor Market Overview

33.2. Middle East Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Electric Vehicle Traction Motor Market

34.1. Africa Electric Vehicle Traction Motor Market Overview

34.2. Africa Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Segmentation By Voltage Ratings, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Electric Vehicle Traction Motor Market Regulatory and Investment Landscape

36. Electric Vehicle Traction Motor Market Competitive Landscape And Company Profiles

36.1. Electric Vehicle Traction Motor Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Electric Vehicle Traction Motor Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Electric Vehicle Traction Motor Market Company Profiles

36.3.1. Siemens AG Overview, Products and Services, Strategy and Financial Analysis

36.3.2. ABB Ltd. Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Hitachi, Ltd. Overview, Products and Services, Strategy and Financial Analysis

36.3.4. CRRC Corporation Limited Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Robert Bosch GmbH Overview, Products and Services, Strategy and Financial Analysis

37. Electric Vehicle Traction Motor Market Other Major And Innovative Companies

Parker-Hannifin Corporation, Bharat Heavy Electricals Limited (BHEL), Nidec Corporation, Kawasaki Heavy Industries, Ltd., AMETEK, Inc., Mitsubishi Electric Corporation, CG Power and Industrial Solutions Limited, Toshiba Corporation, Alstom SA, Continental AG, WEG S.A., Eberle Motors, Voges Motores Elétricos, Nova Motores, Cestari Industrial

38. Global Electric Vehicle Traction Motor Market Competitive Benchmarking And Dashboard

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

40. Electric Vehicle Traction Motor Market High Potential Countries, Segments and Strategies

40.1 Electric Vehicle Traction Motor Market In 2030 - Countries Offering Most New Opportunities

40.2 Electric Vehicle Traction Motor Market In 2030 - Segments Offering Most New Opportunities

40.3 Electric Vehicle Traction Motor Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Electric Vehicle Traction Motor Market, Overview Of Key Products - Product Examples

Table 2: Global Electric Vehicle Traction Motor Market Attractiveness, Factor-Wise Evaluation

Table 3: Global Electric Vehicle Traction Motor Market, Supply Chain Analysis

Table 4: Global Electric Vehicle Traction Motor Market, Major Raw Material Providers

Table 5: Global Electric Vehicle Traction Motor Market, Major Resource Providers

Table 6: Global Electric Vehicle Traction Motor Market, Major Manufacturers (Suppliers)

Table 7: Global Electric Vehicle Traction Motor Market, Major Distributors And Channel Partners

Table 8: Global Electric Vehicle Traction Motor Market, Key Technologies & Future Trends

Table 9: Global Electric Vehicle Traction Motor Market, Major Trends

Table 10: Global Electric Vehicle Traction Motor Market, Major End Users

Table 11: Global Electric Vehicle Traction Motor Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis

Table 12: Global Electric Vehicle Traction Motor Historic Market Growth, 2020-2025, $ Billion

Table 13: Global Electric Vehicle Traction Motor Forecast Market Growth, 2025-2030F, 2035F, $ Billion

Table 14: Global Electric Vehicle Traction Motor Market - TAM, US$ Billion, 2025

Table 15: Global Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 16: Global Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 17: Global Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 18: Global Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 19: Global Electric Vehicle Traction Motor Market, Sub-Segmentation Of Permanent Magnet Synchronous EV Traction Motors (PMSM), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 20: Global Electric Vehicle Traction Motor Market, Sub-Segmentation Of Asynchronous EV Traction Motors (ASM), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 21: Global Electric Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 22: Global Electric Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 23: Asia-Pacific, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 24: Asia-Pacific, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 25: Asia-Pacific, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 26: China, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 27: China, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 28: China, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 29: India, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 30: India, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 31: India, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 32: Japan, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 33: Japan, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 34: Japan, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 35: Australia, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 36: Australia, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 37: Australia, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 38: Indonesia, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 39: Indonesia, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 40: Indonesia, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 41: South Korea, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 42: South Korea, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 43: South Korea, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 44: Taiwan, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 45: Taiwan, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 46: Taiwan, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 47: South East Asia, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 48: South East Asia, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 49: South East Asia, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 50: Western Europe, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 51: Western Europe, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 52: Western Europe, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 53: UK, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 54: UK, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 55: UK, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 56: Germany, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 57: Germany, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 58: Germany, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 59: France, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 60: France, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 61: France, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 62: Italy, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 63: Italy, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 64: Italy, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 65: Spain, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 66: Spain, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 67: Spain, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 68: Eastern Europe, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 69: Eastern Europe, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 70: Eastern Europe, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 71: Russia, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 72: Russia, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 73: Russia, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 74: North America, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 75: North America, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 76: North America, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 77: USA, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 78: USA, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 79: USA, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 80: Canada, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 81: Canada, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 82: Canada, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 83: South America, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 84: South America, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 85: South America, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 86: Brazil, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 87: Brazil, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 88: Brazil, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 89: Middle East, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 90: Middle East, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 91: Middle East, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 92: Africa, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 93: Africa, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 94: Africa, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 95: Global Electric Vehicle Traction Motor Key Competitor Estimated Market Shares, 2024, Percentage (%)

Table 96: Global Electric Vehicle Traction Motor Market - Company Scoring Matrix

Table 97: Siemens AG Financial Performance

Table 98: ABB Ltd. Financial Performance

Table 99: Hitachi, Ltd. Financial Performance

Table 100: CRRC Corporation Limited Financial Performance

Table 101: Robert Bosch GmbH Financial Performance

Table 102: Global Electric Vehicle Traction Motor Market, Competitive Benchmarking (In USD Billions)

Table 103: Global Electric Vehicle Traction Motor Market, Competitive Dashboard

Table 104: Global Electric Vehicle Traction Motor Market Size Gain ($ Billion), 2025 – 2030 By Country

Table 105: Global, Electric Vehicle Traction Motor Market Size Gain ($ Billion), Segmentation By Motor Type, 2025 – 2030

Table 106: Global, Electric Vehicle Traction Motor Market Size Gain ($ Billion), Segmentation By Voltage Ratings, 2025 – 2030

Table 107: Global, Electric Vehicle Traction Motor Market Size Gain ($ Billion), Segmentation By Vehicle Type, 2025 – 2030

List Of Figures

Figure 1: Global Electric Vehicle Traction Motor Market, Overview Of Key Products - Product Examples

Figure 2: Global Electric Vehicle Traction Motor Market Attractiveness, Factor-Wise Evaluation

Figure 3: Global Electric Vehicle Traction Motor Market, Supply Chain Analysis

Figure 4: Global Electric Vehicle Traction Motor Market, Major Raw Material Providers

Figure 5: Global Electric Vehicle Traction Motor Market, Major Resource Providers

Figure 6: Global Electric Vehicle Traction Motor Market, Major Manufacturers (Suppliers)

Figure 7: Global Electric Vehicle Traction Motor Market, Major Distributors And Channel Partners

Figure 8: Global Electric Vehicle Traction Motor Market, Key Technologies & Future Trends

Figure 9: Global Electric Vehicle Traction Motor Market, Major Trends

Figure 10: Global Electric Vehicle Traction Motor Market, Major End Users

Figure 11: Global Electric Vehicle Traction Motor Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis

Figure 12: Global Electric Vehicle Traction Motor Historic Market Growth, 2020-2025, $ Billion

Figure 13: Global Electric Vehicle Traction Motor Forecast Market Growth, 2025-2030F, 2035F, $ Billion

Figure 14: Global Electric Vehicle Traction Motor Market - TAM, US$ Billion, 2025

Figure 15: Global Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 16: Global Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 17: Global Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 18: Global Electric Vehicle Traction Motor Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 19: Global Electric Vehicle Traction Motor Market, Sub-Segmentation Of Permanent Magnet Synchronous EV Traction Motors (PMSM), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 20: Global Electric Vehicle Traction Motor Market, Sub-Segmentation Of Asynchronous EV Traction Motors (ASM), By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 21: Global Electric Vehicle Traction Motor Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 22: Global Electric Vehicle Traction Motor Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 23: Asia-Pacific, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 24: Asia-Pacific, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 25: Asia-Pacific, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 26: China, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 27: China, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 28: China, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 29: India, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 30: India, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 31: India, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 32: Japan, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 33: Japan, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 34: Japan, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 35: Australia, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 36: Australia, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 37: Australia, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 38: Indonesia, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 39: Indonesia, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 40: Indonesia, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 41: South Korea, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 42: South Korea, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 43: South Korea, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 44: Taiwan, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 45: Taiwan, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 46: Taiwan, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 47: South East Asia, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 48: South East Asia, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 49: South East Asia, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 50: Western Europe, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 51: Western Europe, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 52: Western Europe, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 53: UK, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 54: UK, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 55: UK, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 56: Germany, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 57: Germany, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 58: Germany, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 59: France, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 60: France, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 61: France, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 62: Italy, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 63: Italy, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 64: Italy, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 65: Spain, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 66: Spain, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 67: Spain, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 68: Eastern Europe, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 69: Eastern Europe, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 70: Eastern Europe, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 71: Russia, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 72: Russia, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 73: Russia, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 74: North America, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 75: North America, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 76: North America, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 77: USA, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 78: USA, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 79: USA, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 80: Canada, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 81: Canada, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 82: Canada, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 83: South America, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 84: South America, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 85: South America, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 86: Brazil, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 87: Brazil, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 88: Brazil, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 89: Middle East, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 90: Middle East, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 91: Middle East, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 92: Africa, Electric Vehicle Traction Motor Market, Segmentation By Motor Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 93: Africa, Electric Vehicle Traction Motor Market, Segmentation By Voltage Ratings, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 94: Africa, Electric Vehicle Traction Motor Market, Segmentation By Vehicle Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 95: Global Electric Vehicle Traction Motor Key Competitor Estimated Market Shares, 2024, Percentage (%)

Figure 96: Global Electric Vehicle Traction Motor Market - Company Scoring Matrix

Figure 97: Siemens AG Financial Performance

Figure 98: ABB Ltd. Financial Performance

Figure 99: Hitachi, Ltd. Financial Performance

Figure 100: CRRC Corporation Limited Financial Performance

Figure 101: Robert Bosch GmbH Financial Performance

Figure 102: Global Electric Vehicle Traction Motor Market, Competitive Benchmarking (In USD Billions)

Figure 103: Global Electric Vehicle Traction Motor Market, Competitive Dashboard

Figure 104: Global Electric Vehicle Traction Motor Market Size Gain ($ Billion), 2025 – 2030 By Country

Figure 105: Global, Electric Vehicle Traction Motor Market Size Gain ($ Billion), Segmentation By Motor Type, 2025 – 2030

Figure 106: Global, Electric Vehicle Traction Motor Market Size Gain ($ Billion), Segmentation By Voltage Ratings, 2025 – 2030

Figure 107: Global, Electric Vehicle Traction Motor Market Size Gain ($ Billion), Segmentation By Vehicle Type, 2025 – 2030

Explore trends and growth drivers in the global IoT smart pressure sensors market with detailed insights.

Get insights into the global electronic shift operations management solutions market trends and forecasts.

Discover growth drivers, market share, and trends in the global semiconductor lithography equipment market.

Get insights on the global Smart Trash Bin Market including latest trends, forecasts, and key statistics from The Business Research Company.

Electric Vehicle Traction Motor Market Report 2026 - Global Outlook – By Motor Type ( Permanent Magnet Synchronous EV Traction Motors (PMSM), Asynchronous EV Traction Motors (ASM)), By Voltage Ratings ( High Voltage EV T...

Electric Traction Motor Market Report 2026 - Global Outlook – By Type ( AC, DC), By Power Rating ( Less Than 200 kW, Between 200 kW To 400 kW, More Than 400 kW), By Application ( Railway, Electric Vehicle, Elevators, Con...

Automotive Traction Motor Market Report 2026 - Global Outlook – By Motor Type (Alternating Current (AC) Induction Motors, Brushless Direct Current Motor, Permanent Magnet Synchronous Motor, Switched Reluctance Motor), By...

Electric Vehicle Motors Market Report 2026 - Global Outlook – By Type (Alternating Current (AC) Motor, Direct Current (DC) Motor), By Component (Motor Stator, Rotor, Shaft And Bearing, Permanent Magnet, Casing, Wiring An...

Electric Vehicle Market Report 2026 - Global Outlook – By Type (Battery Electric Vehicle, Plug-In Hybrid Electric Vehicle, Fuel Cell Electric Vehicle ), By Vehicle Type (Passenger Cars, Commercial Vehicles ), By Charging...

Electric Commercial Vehicles Market Report 2026 - Global Outlook – By Propulsion Type (BEV, PHEV, FCEV.), By Vehicle Type (Electric Bus, Electric Truck, Electric Van, Other Vehicle Types), By Battery Type (Lithium-Iron-P...

Traction Inverter Market Report 2026 - Global Outlook – By Propulsion (Battery Electric Vehicle (BEV), Hybrid Electric Vehicles (HEV), Plug-In Hybrid Electric Vehicles (PHEV), Other Propulsion), By Technology (Insulated-...

Frequently Asked Questions

How big is the Electric Vehicle Traction Motor Market?

The Electric Vehicle Traction Motor market was valued at $17.77 billion in 2025, increased to $24.83 billion in 2026, and is projected to reach $92.26 billion by 2030.

What is the Electric Vehicle Traction Motor market growth?

The global Electric Vehicle Traction Motor market is expected to grow at a CAGR of 38.8% from 2026 to 2035 to reach $92.26 billion by 2035.

Who are the key players in Electric Vehicle Traction Motor market?

Some Key Players in the Electric Vehicle Traction Motor market Include, Siemens AG, ABB Ltd., Hitachi, Ltd., CRRC Corporation Limited, Robert Bosch GmbH, Parker-Hannifin Corporation, Bharat Heavy Electricals Limited (BHEL), Nidec Corporation, Kawasaki Heavy Industries, Ltd., AMETEK, Inc., Mitsubishi Electric Corporation, CG Power and Industrial Solutions Limited, Toshiba Corporation, Alstom SA, Continental AG, WEG S.A., Eberle Motors, Voges Motores Elétricos, Nova Motores, Cestari Industrial, Tintori Motores Elétricos, Motomil, Taizhou Dongchun Motor Co., Ltd., General Electric Company .

What is the anticipated growth trend for the Electric Vehicle Traction Motor market?

Major trend in this market includes: Advancements In Technology Drive Innovation In The Electric Vehicle Traction Motor Market. For further insights on this market. request a sample here

Which region has the most growth potential in the Electric Vehicle Traction Motor market?

Asia-Pacific was the largest region in the electric vehicle traction motor market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the electric vehicle traction motor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.