APO RESEARCH · REPORT
EV Traction Motor
A traction motor is an electric motor used for propulsion of a vehicle, such as an electric locomotive or electric roadway vehicle.
Product & engineering
Understand the product.
A traction motor is an electric motor used for propulsion of a vehicle, such as an electric locomotive or electric roadway vehicle.
Selected research
Market Structure
Global EV Traction Motor Market by Size, by Type, by Application, by Region, History and Forecast 2021-2032
Market perspective
A traction motor is an electric motor used for propulsion of a vehicle, such as an electric locomotive or electric roadway vehicle.
The major players in global EV Traction Motor market include Tesla, BYD, Broad-Ocean, etc. The top 3 players occupy about 35% shares of the global market. North America and Japan are main markets, they occupy about 70% of the global market. Permanent Magnet Motor is the main type, with a share about 75%. BEV is the main application, which holds a share about 70%.
The report provides an overview of the global EV Traction Motor market in terms of capacity, output, revenue, and price, analyzing global market trends using historical revenue and sales data for 2021-2025, estimates for 2026, and projected CAGRs through 2032.
Read the full market overview
The study covers key producers of EV Traction Motor and consumption patterns in major regions and countries, assesses future market potential, and highlights priority regions and countries for segmenting the market into sub-sectors, with country-specific market value data for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, the Middle East, Africa, and other countries.
The report also presents EV Traction Motor sales, revenue, market share, and industry ranking for the main manufacturers for 2021-2026, identifies the major stakeholders in the global market, and analyzes their competitive landscape and market positioning based on recent developments and segmental revenues.
In addition, the report analyzes segment data by type and application—covering sales, revenue, and price—for 2021-2032, and evaluates and forecasts the EV Traction Motor market size, projected growth trends, production technologies, key applications, and end-use industries.
EV Traction Motor Segment by Company
BMW
Tesla
Broad-Ocean
BYD
Nissan
Continental AG
Jing-Jin Electric Technologies
ZF
Groupe Renault
Toyota
Meidensha
BOSCH
UAES
LG
Dajun Tech
SIEMENS
Greatland Electrics
Hitachi Automotive Systems
Magna
EV Traction Motor Segment by Type
AC Induction Motor
Permanent Magnet Motor
EV Traction Motor Segment by Application
BEV
PHEV
EV Traction Motor Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Study Objectives
1. To analyze and research the global status and future forecast, involving, production, value, consumption, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, capacity, production, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify significant trends, drivers, influence factors in global and regions.
6. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global EV Traction Motor market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of EV Traction Motor and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of EV Traction Motor.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Provides an overview of the EV Traction Motor market, including product definition, global market growth prospects, production value, capacity, and average price forecasts (2021-2032).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global EV Traction Motor industry.
Chapter 3: Detailed analysis of EV Traction Motor market competition landscape. Including EV Traction Motor manufacturers' output value, output and average price from 2021 to 2026, as well as competition analysis indicators such as origin, product type, application, merger and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 7: Production/Production Value of EV Traction Motor by region. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 8: Consumption of EV Traction Motor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- AC Induction Motor
- Permanent Magnet Motor
Applications
- BEV
- PHEV
Companies covered
- BMW
- Tesla
- Broad-Ocean
- BYD
- Nissan
- Continental AG
- Jing-Jin Electric Technologies
- ZF
- Groupe Renault
- Toyota
- Meidensha
- BOSCH
- UAES
- LG
- Dajun Tech
- SIEMENS
- Greatland Electrics
- Hitachi Automotive Systems
- Magna
Inside the report.
1 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global EV Traction Motor Production Value Estimates and Forecasts (2021-2032)
- 1.2.2 Global EV Traction Motor Production Capacity Estimates and Forecasts (2021-2032)
- 1.2.3 Global EV Traction Motor Production Estimates and Forecasts (2021-2032)
- 1.2.4 Global EV Traction Motor Market Average Price (2021-2032)
- 1.3 Assumptions and Limitations
- 1.4 Study Goals and Objectives
2 Global EV Traction Motor Market Dynamics
- 2.1 EV Traction Motor Industry Trends
- 2.2 EV Traction Motor Industry Drivers
- 2.3 EV Traction Motor Industry Opportunities and Challenges
- 2.4 EV Traction Motor Industry Restraints
3 EV Traction Motor Market by Manufacturers
- 3.1 Global EV Traction Motor Production Value by Manufacturers (2021-2026)
- 3.2 Global EV Traction Motor Production by Manufacturers (2021-2026)
- 3.3 Global EV Traction Motor Average Price by Manufacturers (2021-2026)
- 3.4 Global EV Traction Motor Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global EV Traction Motor Key Manufacturers Manufacturing Sites & Headquarters
- 3.6 Global EV Traction Motor Manufacturers, Product Type & Application
- 3.7 Global EV Traction Motor Manufacturers Established Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global EV Traction Motor Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 EV Traction Motor Players Market Share by Production Value in 2025
- 3.8.3 2025 EV Traction Motor Tier 1, Tier 2, and Tier 3
4 EV Traction Motor Market by Type
- 4.1 EV Traction Motor Type Introduction
- 4.1.1 AC Induction Motor
- 4.1.2 Permanent Magnet Motor
- 4.2 Global EV Traction Motor Production by Type
- 4.2.1 Global EV Traction Motor Production by Type (2021 VS 2025 VS 2032)
- 4.2.2 Global EV Traction Motor Production by Type (2021-2032)
- 4.2.3 Global EV Traction Motor Production Market Share by Type (2021-2032)
- 4.3 Global EV Traction Motor Production Value by Type
- 4.3.1 Global EV Traction Motor Production Value by Type (2021 VS 2025 VS 2032)
- 4.3.2 Global EV Traction Motor Production Value by Type (2021-2032)
- 4.3.3 Global EV Traction Motor Production Value Market Share by Type (2021-2032)
5 EV Traction Motor Market by Application
- 5.1 EV Traction Motor Application Introduction
- 5.1.1 BEV
- 5.1.2 PHEV
- 5.2 Global EV Traction Motor Production by Application
- 5.2.1 Global EV Traction Motor Production by Application (2021 VS 2025 VS 2032)
- 5.2.2 Global EV Traction Motor Production by Application (2021-2032)
- 5.2.3 Global EV Traction Motor Production Market Share by Application (2021-2032)
- 5.3 Global EV Traction Motor Production Value by Application
- 5.3.1 Global EV Traction Motor Production Value by Application (2021 VS 2025 VS 2032)
- 5.3.2 Global EV Traction Motor Production Value by Application (2021-2032)
- 5.3.3 Global EV Traction Motor Production Value Market Share by Application (2021-2032)
6 Company Profiles
- 6.1 BMW
- 6.1.1 BMW Company Information
- 6.1.2 BMW Business Overview
- 6.1.3 BMW EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.1.4 BMW EV Traction Motor Product Portfolio
- 6.1.5 BMW Recent Developments
- 6.2 Tesla
- 6.2.1 Tesla Company Information
- 6.2.2 Tesla Business Overview
- 6.2.3 Tesla EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.2.4 Tesla EV Traction Motor Product Portfolio
- 6.2.5 Tesla Recent Developments
- 6.3 Broad-Ocean
- 6.3.1 Broad-Ocean Company Information
- 6.3.2 Broad-Ocean Business Overview
- 6.3.3 Broad-Ocean EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.3.4 Broad-Ocean EV Traction Motor Product Portfolio
- 6.3.5 Broad-Ocean Recent Developments
- 6.4 BYD
- 6.4.1 BYD Company Information
- 6.4.2 BYD Business Overview
- 6.4.3 BYD EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.4.4 BYD EV Traction Motor Product Portfolio
- 6.4.5 BYD Recent Developments
- 6.5 Nissan
- 6.5.1 Nissan Company Information
- 6.5.2 Nissan Business Overview
- 6.5.3 Nissan EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.5.4 Nissan EV Traction Motor Product Portfolio
- 6.5.5 Nissan Recent Developments
- 6.6 Continental AG
- 6.6.1 Continental AG Company Information
- 6.6.2 Continental AG Business Overview
- 6.6.3 Continental AG EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.6.4 Continental AG EV Traction Motor Product Portfolio
- 6.6.5 Continental AG Recent Developments
- 6.7 Jing-Jin Electric Technologies
- 6.7.1 Jing-Jin Electric Technologies Company Information
- 6.7.2 Jing-Jin Electric Technologies Business Overview
- 6.7.3 Jing-Jin Electric Technologies EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.7.4 Jing-Jin Electric Technologies EV Traction Motor Product Portfolio
- 6.7.5 Jing-Jin Electric Technologies Recent Developments
- 6.8 ZF
- 6.8.1 ZF Company Information
- 6.8.2 ZF Business Overview
- 6.8.3 ZF EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.8.4 ZF EV Traction Motor Product Portfolio
- 6.8.5 ZF Recent Developments
- 6.9 Groupe Renault
- 6.9.1 Groupe Renault Company Information
- 6.9.2 Groupe Renault Business Overview
- 6.9.3 Groupe Renault EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.9.4 Groupe Renault EV Traction Motor Product Portfolio
- 6.9.5 Groupe Renault Recent Developments
- 6.10 Toyota
- 6.10.1 Toyota Company Information
- 6.10.2 Toyota Business Overview
- 6.10.3 Toyota EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.10.4 Toyota EV Traction Motor Product Portfolio
- 6.10.5 Toyota Recent Developments
- 6.11 Meidensha
- 6.11.1 Meidensha Company Information
- 6.11.2 Meidensha Business Overview
- 6.11.3 Meidensha EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.11.4 Meidensha EV Traction Motor Product Portfolio
- 6.11.5 Meidensha Recent Developments
- 6.12 BOSCH
- 6.12.1 BOSCH Company Information
- 6.12.2 BOSCH Business Overview
- 6.12.3 BOSCH EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.12.4 BOSCH EV Traction Motor Product Portfolio
- 6.12.5 BOSCH Recent Developments
- 6.13 UAES
- 6.13.1 UAES Company Information
- 6.13.2 UAES Business Overview
- 6.13.3 UAES EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.13.4 UAES EV Traction Motor Product Portfolio
- 6.13.5 UAES Recent Developments
- 6.14 LG
- 6.14.1 LG Company Information
- 6.14.2 LG Business Overview
- 6.14.3 LG EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.14.4 LG EV Traction Motor Product Portfolio
- 6.14.5 LG Recent Developments
- 6.15 Dajun Tech
- 6.15.1 Dajun Tech Company Information
- 6.15.2 Dajun Tech Business Overview
- 6.15.3 Dajun Tech EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.15.4 Dajun Tech EV Traction Motor Product Portfolio
- 6.15.5 Dajun Tech Recent Developments
- 6.16 SIEMENS
- 6.16.1 SIEMENS Company Information
- 6.16.2 SIEMENS Business Overview
- 6.16.3 SIEMENS EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.16.4 SIEMENS EV Traction Motor Product Portfolio
- 6.16.5 SIEMENS Recent Developments
- 6.17 Greatland Electrics
- 6.17.1 Greatland Electrics Company Information
- 6.17.2 Greatland Electrics Business Overview
- 6.17.3 Greatland Electrics EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.17.4 Greatland Electrics EV Traction Motor Product Portfolio
- 6.17.5 Greatland Electrics Recent Developments
- 6.18 Hitachi Automotive Systems
- 6.18.1 Hitachi Automotive Systems Company Information
- 6.18.2 Hitachi Automotive Systems Business Overview
- 6.18.3 Hitachi Automotive Systems EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.18.4 Hitachi Automotive Systems EV Traction Motor Product Portfolio
- 6.18.5 Hitachi Automotive Systems Recent Developments
- 6.19 Magna
- 6.19.1 Magna Company Information
- 6.19.2 Magna Business Overview
- 6.19.3 Magna EV Traction Motor Production, Value and Gross Margin (2021-2026)
- 6.19.4 Magna EV Traction Motor Product Portfolio
- 6.19.5 Magna Recent Developments
7 Global EV Traction Motor Production by Region
- 7.1 Global EV Traction Motor Production by Region: 2021 VS 2025 VS 2032
- 7.2 Global EV Traction Motor Production by Region (2021-2032)
- 7.2.1 Global EV Traction Motor Production by Region (2021-2026)
- 7.2.2 Global EV Traction Motor Production Forecast by Region (2027-2032)
- 7.3 Global EV Traction Motor Production by Region: 2021 VS 2025 VS 2032
- 7.4 Global EV Traction Motor Production Value by Region (2021-2032)
- 7.4.1 Global EV Traction Motor Production Value by Region (2021-2026)
- 7.4.2 Global EV Traction Motor Production Value by Region (2027-2032)
- 7.5 Global EV Traction Motor Market Price Analysis by Region (2021-2032)
- 7.6 Regional Production Value Trends (2021-2032)
- 7.6.1 North America EV Traction Motor Production Value (2021-2032)
- 7.6.2 Europe EV Traction Motor Production Value (2021-2032)
- 7.6.3 Asia-Pacific EV Traction Motor Production Value (2021-2032)
- 7.6.4 South America EV Traction Motor Production Value (2021-2032)
- 7.6.5 Middle East & Africa EV Traction Motor Production Value (2021-2032)
8 Global EV Traction Motor Consumption by Region
- 8.1 Global EV Traction Motor Consumption by Region: 2021 VS 2025 VS 2032
- 8.2 Global EV Traction Motor Consumption by Region (2021-2032)
- 8.2.1 Global EV Traction Motor Consumption by Region (2021-2026)
- 8.2.2 Global EV Traction Motor Consumption by Region (2027-2032)
- 8.3 North America
- 8.3.1 North America EV Traction Motor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.3.2 North America EV Traction Motor Consumption by Country (2021-2032)
- 8.3.3 U.S.
- 8.3.4 Canada
- 8.3.5 Mexico
- 8.4 Europe
- 8.4.1 Europe EV Traction Motor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.4.2 Europe EV Traction Motor Consumption by Country (2021-2032)
- 8.4.3 Germany
- 8.4.4 France
- 8.4.5 U.K.
- 8.4.6 Italy
- 8.4.7 Netherlands
- 8.5 Asia Pacific
- 8.5.1 Asia Pacific EV Traction Motor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.5.2 Asia Pacific EV Traction Motor Consumption by Country (2021-2032)
- 8.5.3 China
- 8.5.4 Japan
- 8.5.5 South Korea
- 8.5.6 Southeast Asia
- 8.5.7 India
- 8.5.8 Australia
- 8.6 South America
- 8.6.1 South America EV Traction Motor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.6.2 South America EV Traction Motor Consumption by Country (2021-2032)
- 8.6.3 Brazil
- 8.6.4 Argentina
- 8.6.5 Chile
- 8.6.6 Colombia
- 8.7 Middle East & Africa
- 8.7.1 Middle East & Africa EV Traction Motor Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 8.7.2 Middle East & Africa EV Traction Motor Consumption by Country (2021-2032)
- 8.7.3 Egypt
- 8.7.4 South Africa
- 8.7.5 Israel
- 8.7.6 Türkiye
- 8.7.7 GCC Countries
9 Value Chain and Sales Channels Analysis
- 9.1 EV Traction Motor Value Chain Analysis
- 9.1.1 EV Traction Motor Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Manufacturing Cost Structure
- 9.1.4 EV Traction Motor Production Mode & Process
- 9.2 EV Traction Motor Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 EV Traction Motor Distributors
- 9.2.3 EV Traction Motor Customers
10 Concluding Insights
11 Appendix
- 11.1 Reasons for Doing This Study
- 11.2 Research Methodology
- 11.3 Research Process
- 11.4 Authors List of This Report
- 11.5 Data Source
- 11.5.1 Secondary Sources
- 11.5.2 Primary Sources
- 11.6 Disclaimer
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