APO Research

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

Industry Growth & Trends

Global EV Traction Motor Industry Growth and Trends Forecast to 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%.

Report Scope

Read the full market overview

This report provides a structured, data-driven view of the global EV Traction Motor market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.

The EV Traction Motor market size, estimates, and forecasts are presented in terms of sales volume (K Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global EV Traction Motor market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to EV Traction Motor.

Key Companies & Market Share Insights

This section analyzes the strategies and performance of leading manufacturers in the global EV Traction Motor market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.

EV Traction Motor Market 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

Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of EV Traction Motor manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of EV Traction Motor in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.

More report detail

Tables and figures
List of Tables Table 1. Major Company of AC Induction Motor Table 2. Major Company of Permanent Magnet Motor Table 3. Global EV Traction Motor Sales by Type (2021 VS 2025 VS 2032) & (US$ Million) Table 4. Global EV Traction Motor Sales by Type (2021-2026) & (K Units) Table 5. Global EV Traction Motor Sales Market Share in Volume by Type (2021-2026) Table 6. Global EV Traction Motor Sales by Type (2021-2026) & (US$ Million) Table 7. Global EV Traction Motor Sales Market Share in Value by Type (2021-2026) Table 8. Global EV Traction Motor Price by Type (2021-2026) & (US$/Unit) Table 9. Global EV Traction Motor Sales by Type (2027-2032) & (K Units) Table 10. Global EV Traction Motor Sales Market Share in Volume by Type (2027-2032) Table 11. Global EV Traction Motor Sales by Type (2027-2032) & (US$ Million) Table 12. Global EV Traction Motor Sales Market Share in Value by Type (2027-2032) Table 13. Global EV Traction Motor Price by Type (2027-2032) & (US$/Unit) Table 14. North America EV Traction Motor Sales by Type (2021-2026) & (K Units) Table 15. North America EV Traction Motor Sales by Type (2021-2026) & (US$ Million) Table 16. Europe EV Traction Motor Sales by Type (2021-2026) & (K Units) Table 17. Europe EV Traction Motor Sales by Type (2021-2026) & (US$ Million) Table 18. Asia-Pacific EV Traction Motor Sales by Type (2021-2026) & (K Units) Table 19. Asia-Pacific EV Traction Motor Sales by Type (2021-2026) & (US$ Million) Table 20. Latin America EV Traction Motor Sales by Type (2021-2026) & (K Units) Table 21. Latin America EV Traction Motor Sales by Type (2021-2026) & (US$ Million) Table 22. Middle East and Africa EV Traction Motor Sales by Type (2021-2026) & (K Units) Table 23. Middle East and Africa EV Traction Motor Sales by Type (2021-2026) & (US$ Million) Table 24. EV Traction Motor Industry Trends Table 25. EV Traction Motor Industry Drivers Table 26. EV Traction Motor Industry Opportunities and Challenges Table 27. EV Traction Motor Industry Restraints Table 28. Global EV Traction Motor Sales Revenue by Company (US$ Million) & (2021-2026) Table 29. Global EV Traction Motor Revenue Market Share by Company (2021-2026) Table 30. Global EV Traction Motor Sales by Company (2021-2026) & (K Units) Table 31. Global EV Traction Motor Sales Share by Company (2021-2026) Table 32. Global EV Traction Motor Market Price by Company (2021-2026) & (US$/Unit) Table 33. Global EV Traction Motor Industry Company Ranking, 2024 VS 2025 VS 2026 Table 34. Global EV Traction Motor Major Company Production Sites and Headquarters Table 35. Global EV Traction Motor Company, Product Type & Application Table 36. Global EV Traction Motor Company Establishment Date Table 37. Global Company Market Concentration Ratio (CR5 and HHI) Table 38. Global EV Traction Motor by Company Type (Tier 1, Tier 2, and Tier 3) & (Based on the Revenue of 2025) Table 39. Global EV Traction Motor Market Size Comparison by Region (US$ Million): 2021 VS 2025 VS 2032 Table 40. Global EV Traction Motor Sales by Region (2021-2026) & (K Units) Table 41. Global EV Traction Motor Sales Market Share in Volume by Region (2021-2026) Table 42. Global EV Traction Motor Sales by Region (2021-2026) & (US$ Million) Table 43. Global EV Traction Motor Sales Market Share in Value by Region (2021-2026) Table 44. Global EV Traction Motor Sales (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 45. Global EV Traction Motor Sales by Region (2027-2032) & (K Units) Table 46. Global EV Traction Motor Sales Market Share in Volume by Region (2027-2032) Table 47. Global EV Traction Motor Sales by Region (2027-2032) & (US$ Million) Table 48. Global EV Traction Motor Sales Market Share in Value by Region (2027-2032) Table 49. Global EV Traction Motor Sales (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2027-2032) Table 50. Global EV Traction Motor Sales by Application (2021 VS 2025 VS 2032) & (US$ Million) Table 51. Global EV Traction Motor Sales by Application (2021-2026) & (K Units) Table 52. Global EV Traction Motor Sales Market Share in Volume by Application (2021-2026) Table 53. Global EV Traction Motor Sales by Application (2021-2026) & (US$ Million) Table 54. Global EV Traction Motor Sales Market Share in Value by Application (2021-2026) Table 55. Global EV Traction Motor Price by Application (2021-2026) & (US$/Unit) Table 56. Global EV Traction Motor Sales by Application (2027-2032) & (K Units) Table 57. Global EV Traction Motor Sales Market Share in Volume by Application (2027-2032) Table 58. Global EV Traction Motor Sales by Application (2027-2032) & (US$ Million) Table 59. Global EV Traction Motor Sales Market Share in Value by Application (2027-2032) Table 60. Global EV Traction Motor Price by Application (2027-2032) & (US$/Unit) Table 61. North America EV Traction Motor Sales by Application (2021-2026) & (K Units) Table 62. North America EV Traction Motor Sales by Application (2021-2026) & (US$ Million) Table 63. Europe EV Traction Motor Sales by Application (2021-2026) & (K Units) Table 64. Europe EV Traction Motor Sales by Application (2021-2026) & (US$ Million) Table 65. Asia-Pacific EV Traction Motor Sales by Application (2021-2026) & (K Units) Table 66. Asia-Pacific EV Traction Motor Sales by Application (2021-2026) & (US$ Million) Table 67. Latin America EV Traction Motor Sales by Application (2021-2026) & (K Units) Table 68. Latin America EV Traction Motor Sales by Application (2021-2026) & (US$ Million) Table 69. Middle East and Africa EV Traction Motor Sales by Application (2021-2026) & (K Units) Table 70. Middle East and Africa EV Traction Motor Sales by Application (2021-2026) & (US$ Million) Table 71. BMW Company Information Table 72. BMW Business Overview Table 73. BMW EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 74. BMW EV Traction Motor Product Portfolio Table 75. BMW Recent Development Table 76. Tesla Company Information Table 77. Tesla Business Overview Table 78. Tesla EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 79. Tesla EV Traction Motor Product Portfolio Table 80. Tesla Recent Development Table 81. Broad-Ocean Company Information Table 82. Broad-Ocean Business Overview Table 83. Broad-Ocean EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 84. Broad-Ocean EV Traction Motor Product Portfolio Table 85. Broad-Ocean Recent Development Table 86. BYD Company Information Table 87. BYD Business Overview Table 88. BYD EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 89. BYD EV Traction Motor Product Portfolio Table 90. BYD Recent Development Table 91. Nissan Company Information Table 92. Nissan Business Overview Table 93. Nissan EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 94. Nissan EV Traction Motor Product Portfolio Table 95. Nissan Recent Development Table 96. Continental AG Company Information Table 97. Continental AG Business Overview Table 98. Continental AG EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 99. Continental AG EV Traction Motor Product Portfolio Table 100. Continental AG Recent Development Table 101. Jing-Jin Electric Technologies Company Information Table 102. Jing-Jin Electric Technologies Business Overview Table 103. Jing-Jin Electric Technologies EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 104. Jing-Jin Electric Technologies EV Traction Motor Product Portfolio Table 105. Jing-Jin Electric Technologies Recent Development Table 106. ZF Company Information Table 107. ZF Business Overview Table 108. ZF EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 109. ZF EV Traction Motor Product Portfolio Table 110. ZF Recent Development Table 111. Groupe Renault Company Information Table 112. Groupe Renault Business Overview Table 113. Groupe Renault EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 114. Groupe Renault EV Traction Motor Product Portfolio Table 115. Groupe Renault Recent Development Table 116. Toyota Company Information Table 117. Toyota Business Overview Table 118. Toyota EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 119. Toyota EV Traction Motor Product Portfolio Table 120. Toyota Recent Development Table 121. Meidensha Company Information Table 122. Meidensha Business Overview Table 123. Meidensha EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 124. Meidensha EV Traction Motor Product Portfolio Table 125. Meidensha Recent Development Table 126. BOSCH Company Information Table 127. BOSCH Business Overview Table 128. BOSCH EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 129. BOSCH EV Traction Motor Product Portfolio Table 130. BOSCH Recent Development Table 131. UAES Company Information Table 132. UAES Business Overview Table 133. UAES EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 134. UAES EV Traction Motor Product Portfolio Table 135. UAES Recent Development Table 136. LG Company Information Table 137. LG Business Overview Table 138. LG EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 139. LG EV Traction Motor Product Portfolio Table 140. LG Recent Development Table 141. Dajun Tech Company Information Table 142. Dajun Tech Business Overview Table 143. Dajun Tech EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 144. Dajun Tech EV Traction Motor Product Portfolio Table 145. Dajun Tech Recent Development Table 146. SIEMENS Company Information Table 147. SIEMENS Business Overview Table 148. SIEMENS EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 149. SIEMENS EV Traction Motor Product Portfolio Table 150. SIEMENS Recent Development Table 151. Greatland Electrics Company Information Table 152. Greatland Electrics Business Overview Table 153. Greatland Electrics EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 154. Greatland Electrics EV Traction Motor Product Portfolio Table 155. Greatland Electrics Recent Development Table 156. Hitachi Automotive Systems Company Information Table 157. Hitachi Automotive Systems Business Overview Table 158. Hitachi Automotive Systems EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 159. Hitachi Automotive Systems EV Traction Motor Product Portfolio Table 160. Hitachi Automotive Systems Recent Development Table 161. Magna Company Information Table 162. Magna Business Overview Table 163. Magna EV Traction Motor Sales (K Units), Revenue (US$ Million), Price (US$/Unit) and Gross Margin (2021-2026) Table 164. Magna EV Traction Motor Product Portfolio Table 165. Magna Recent Development Table 166. North America EV Traction Motor Market Size Growth Rate (CAGR) by Country (K Units): 2021 VS 2025 VS 2032 Table 167. North America EV Traction Motor Sales by Country (2021-2026) & (K Units) Table 168. North America EV Traction Motor Sales Market Share by Country (2021-2026) Table 169. North America EV Traction Motor Sales Forecast by Country (2027-2032) & (K Units) Table 170. North America EV Traction Motor Sales Market Share Forecast by Country (2027-2032) Table 171. North America EV Traction Motor Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 172. North America EV Traction Motor Market Size by Country (2021-2026) & (US$ Million) Table 173. North America EV Traction Motor Market Share by Country (2021-2026) Table 174. North America EV Traction Motor Market Size Forecast by Country (2027-2032) & (US$ Million) Table 175. North America EV Traction Motor Market Share Forecast by Country (2027-2032) Table 176. Europe EV Traction Motor Market Size Growth Rate (CAGR) by Country (K Units): 2021 VS 2025 VS 2032 Table 177. Europe EV Traction Motor Sales by Country (2021-2026) & (K Units) Table 178. Europe EV Traction Motor Sales Market Share by Country (2021-2026) Table 179. Europe EV Traction Motor Sales Forecast by Country (2027-2032) & (K Units) Table 180. Europe EV Traction Motor Sales Market Share Forecast by Country (2027-2032) Table 181. Europe EV Traction Motor Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 182. Europe EV Traction Motor Market Size by Country (2021-2026) & (US$ Million) Table 183. Europe EV Traction Motor Market Share by Country (2021-2026) Table 184. Europe EV Traction Motor Market Size Forecast by Country (2027-2032) & (US$ Million) Table 185. Europe EV Traction Motor Market Share Forecast by Country (2027-2032) Table 186. Asia-Pacific EV Traction Motor Market Size Growth Rate (CAGR) by Country (K Units): 2021 VS 2025 VS 2032 Table 187. Asia-Pacific EV Traction Motor Sales by Country (2021-2026) & (K Units) Table 188. Asia-Pacific EV Traction Motor Sales Market Share by Country (2021-2026) Table 189. Asia-Pacific EV Traction Motor Sales Forecast by Country (2027-2032) & (K Units) Table 190. Asia-Pacific EV Traction Motor Sales Market Share Forecast by Country (2027-2032) Table 191. Asia-Pacific EV Traction Motor Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 192. Asia-Pacific EV Traction Motor Market Size by Country (2021-2026) & (US$ Million) Table 193. Asia-Pacific EV Traction Motor Market Share by Country (2021-2026) Table 194. Asia-Pacific EV Traction Motor Market Size Forecast by Country (2027-2032) & (US$ Million) Table 195. Asia-Pacific EV Traction Motor Market Share Forecast by Country (2027-2032) Table 196. Latin America EV Traction Motor Market Size Growth Rate (CAGR) by Country (K Units): 2021 VS 2025 VS 2032 Table 197. Latin America EV Traction Motor Sales by Country (2021-2026) & (K Units) Table 198. Latin America EV Traction Motor Sales Market Share by Country (2021-2026) Table 199. Latin America EV Traction Motor Sales Forecast by Country (2027-2032) & (K Units) Table 200. Latin America EV Traction Motor Sales Market Share Forecast by Country (2027-2032) Table 201. Latin America EV Traction Motor Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 202. Latin America EV Traction Motor Market Size by Country (2021-2026) & (US$ Million) Table 203. Latin America EV Traction Motor Market Share by Country (2021-2026) Table 204. Latin America EV Traction Motor Market Size Forecast by Country (2027-2032) & (US$ Million) Table 205. Latin America EV Traction Motor Market Share Forecast by Country (2027-2032) Table 206. Middle East and Africa EV Traction Motor Market Size Growth Rate (CAGR) by Country (K Units): 2021 VS 2025 VS 2032 Table 207. Middle East and Africa EV Traction Motor Sales by Country (2021-2026) & (K Units) Table 208. Middle East and Africa EV Traction Motor Sales Market Share by Country (2021-2026) Table 209. Middle East and Africa EV Traction Motor Sales Forecast by Country (2027-2032) & (K Units) Table 210. Middle East and Africa EV Traction Motor Sales Market Share Forecast by Country (2027-2032) Table 211. Middle East and Africa EV Traction Motor Market Size Growth Rate (CAGR) by Country (US$ Million): 2021 VS 2025 VS 2032 Table 212. Middle East and Africa EV Traction Motor Market Size by Country (2021-2026) & (US$ Million) Table 213. Middle East and Africa EV Traction Motor Market Share by Country (2021-2026) Table 214. Middle East and Africa EV Traction Motor Market Size Forecast by Country (2027-2032) & (US$ Million) Table 215. Middle East and Africa EV Traction Motor Market Share Forecast by Country (2027-2032) Table 216. Key Raw Materials Table 217. Raw Materials Key Suppliers Table 218. EV Traction Motor Distributors List Table 219. EV Traction Motor Customers List Table 220. Research Programs/Design for This Report Table 221. Authors List of This Report Table 222. Secondary Sources Table 223. Primary Sources List of Figures Figure 1. EV Traction Motor Image Figure 2. Global EV Traction Motor Market Size (US$ Million), 2021 VS 2025 VS 2032 Figure 3. Global EV Traction Motor Market Size (2021-2032) & (US$ Million) Figure 4. Global EV Traction Motor Sales (2021-2032) & (K Units) Figure 5. AC Induction Motor Image Figure 6. Global AC Induction Motor Sales YoY Growth (2021-2032) & (K Units) Figure 7. Permanent Magnet Motor Image Figure 8. Global Permanent Magnet Motor Sales YoY Growth (2021-2032) & (K Units) Figure 9. Global EV Traction Motor Market Size Overview by Type (2021-2032) & (US$ Million) Figure 10. Global EV Traction Motor Market Share by Type 2025 VS 2032 Figure 11. North America EV Traction Motor Sales Market Share in Volume by Type in 2025 Figure 12. North America EV Traction Motor Sales Market Share in Value by Type in 2025 Figure 13. Europe EV Traction Motor Sales Market Share in Volume by Type in 2025 Figure 14. Europe EV Traction Motor Sales Market Share in Value by Type in 2025 Figure 15. Asia-Pacific EV Traction Motor Sales Market Share in Volume by Type in 2025 Figure 16. Asia-Pacific EV Traction Motor Sales Market Share in Value by Type in 2025 Figure 17. Latin America EV Traction Motor Sales Market Share in Volume by Type in 2025 Figure 18. Latin America EV Traction Motor Sales Market Share in Value by Type in 2025 Figure 19. Middle East and Africa EV Traction Motor Sales Market Share in Volume by Type in 2025 Figure 20. Middle East and Africa EV Traction Motor Sales Market Share in Value by Type in 2025 Figure 21. Global Top 5 and 10 EV Traction Motor Players Market Share by Revenue in 2025 Figure 22. Company Type (Tier 1, Tier 2, and Tier 3): 2021 VS 2025 Figure 23. BEV Image Figure 24. Global BEV Sales YoY Growth (2021-2032) & (K Units) Figure 25. PHEV Image Figure 26. Global PHEV Sales YoY Growth (2021-2032) & (K Units) Figure 27. Global EV Traction Motor Market Size Overview by Application (2021-2032) & (US$ Million) Figure 28. Global EV Traction Motor Market Share by Application 2025 VS 2032 Figure 29. North America EV Traction Motor Sales Market Share in Volume by Application in 2025 Figure 30. North America EV Traction Motor Sales Market Share in Value by Application in 2025 Figure 31. Europe EV Traction Motor Sales Market Share in Volume by Application in 2025 Figure 32. Europe EV Traction Motor Sales Market Share in Value by Application in 2025 Figure 33. Asia-Pacific EV Traction Motor Sales Market Share in Volume by Application in 2025 Figure 34. Asia-Pacific EV Traction Motor Sales Market Share in Value by Application in 2025 Figure 35. Latin America EV Traction Motor Sales Market Share in Volume by Application in 2025 Figure 36. Latin America EV Traction Motor Sales Market Share in Value by Application in 2025 Figure 37. Middle East and Africa EV Traction Motor Sales Market Share in Volume by Application in 2025 Figure 38. Middle East and Africa EV Traction Motor Sales Market Share in Value by Application in 2025 Figure 39. North America EV Traction Motor Sales by Country: 2021 VS 2025 VS 2032 (K Units) Figure 40. North America EV Traction Motor Sales Share by Country: 2021 VS 2025 VS 2032 Figure 41. North America EV Traction Motor Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 42. North America EV Traction Motor Market Share by Country: 2021 VS 2025 VS 2032 Figure 43. Europe EV Traction Motor Sales by Country: 2021 VS 2025 VS 2032 (K Units) Figure 44. Europe EV Traction Motor Sales Share by Country: 2021 VS 2025 VS 2032 Figure 45. Europe EV Traction Motor Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 46. Europe EV Traction Motor Market Share by Country: 2021 VS 2025 VS 2032 Figure 47. Asia-Pacific EV Traction Motor Sales by Country: 2021 VS 2025 VS 2032 (K Units) Figure 48. Asia-Pacific EV Traction Motor Sales Share by Country: 2021 VS 2025 VS 2032 Figure 49. Asia-Pacific EV Traction Motor Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 50. Asia-Pacific EV Traction Motor Market Share by Country: 2021 VS 2025 VS 2032 Figure 51. Latin America EV Traction Motor Sales by Country: 2021 VS 2025 VS 2032 (K Units) Figure 52. Latin America EV Traction Motor Sales Share by Country: 2021 VS 2025 VS 2032 Figure 53. Latin America EV Traction Motor Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 54. Latin America EV Traction Motor Market Share by Country: 2021 VS 2025 VS 2032 Figure 55. Middle East and Africa EV Traction Motor Sales by Country: 2021 VS 2025 VS 2032 (K Units) Figure 56. Middle East and Africa EV Traction Motor Sales Share by Country: 2021 VS 2025 VS 2032 Figure 57. Middle East and Africa EV Traction Motor Market Size by Country: 2021 VS 2025 VS 2032 (US$ Million) Figure 58. Middle East and Africa EV Traction Motor Market Share by Country: 2021 VS 2025 VS 2032 Figure 59. EV Traction Motor Value Chain Figure 60. Key Raw Materials Price Figure 61. Manufacturing Cost Structure Figure 62. EV Traction Motor Production Mode & Process Figure 63. Direct Comparison with Distribution Share Figure 64. Distributors Profiles Figure 65. Years Considered Figure 66. Research Process Figure 67. Key Executives Interviewed

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. 1.1 Product Definition
  2. 1.2 Global Market Growth Prospects
  3. 1.2.1 Global EV Traction Motor Market Size Estimates and Forecasts (2021-2032)
  4. 1.2.2 Global EV Traction Motor Sales Estimates and Forecasts (2021-2032)
  5. 1.3 EV Traction Motor Market by Type
  6. 1.3.1 AC Induction Motor
  7. 1.3.2 Permanent Magnet Motor
  8. 1.4 Global EV Traction Motor Market Size by Type
  9. 1.4.1 Global EV Traction Motor Market Size Overview by Type (2021-2032)
  10. 1.4.2 Global EV Traction Motor Historic Market Size Review by Type (2021-2026)
  11. 1.4.3 Global EV Traction Motor Forecasted Market Size by Type (2027-2032)
  12. 1.5 Key Regions Market Size by Type
  13. 1.5.1 North America EV Traction Motor Sales Breakdown by Type (2021-2026)
  14. 1.5.2 Europe EV Traction Motor Sales Breakdown by Type (2021-2026)
  15. 1.5.3 Asia-Pacific EV Traction Motor Sales Breakdown by Type (2021-2026)
  16. 1.5.4 South America EV Traction Motor Sales Breakdown by Type (2021-2026)
  17. 1.5.5 Middle East and Africa EV Traction Motor Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
  1. 2.1 EV Traction Motor Industry Trends
  2. 2.2 EV Traction Motor Industry Drivers
  3. 2.3 EV Traction Motor Industry Opportunities and Challenges
  4. 2.4 EV Traction Motor Industry Restraints
3 Market Competitive Landscape by Company
  1. 3.1 Global Top Players by EV Traction Motor Revenue (2021-2026)
  2. 3.2 Global Top Players by EV Traction Motor Sales (2021-2026)
  3. 3.3 Global Top Players by EV Traction Motor Price (2021-2026)
  4. 3.4 Global EV Traction Motor Industry Company Ranking, 2024 VS 2025 VS 2026
  5. 3.5 Global EV Traction Motor Major Company Production Sites & Headquarters
  6. 3.6 Global EV Traction Motor Company, Product Type & Application
  7. 3.7 Global EV Traction Motor Company Establishment Date
  8. 3.8 Market Competitive Analysis
  9. 3.8.1 Global EV Traction Motor Market CR5 and HHI
  10. 3.8.2 Global Top 5 and 10 EV Traction Motor Players Market Share by Revenue in 2025
  11. 3.8.3 2025 EV Traction Motor Tier 1, Tier 2, and Tier 3
4 EV Traction Motor Regional Status and Outlook
  1. 4.1 Global EV Traction Motor Market Size and CAGR by Region: 2021 VS 2025 VS 2032
  2. 4.2 Global EV Traction Motor Historic Market Size by Region
  3. 4.2.1 Global EV Traction Motor Sales in Volume by Region (2021-2026)
  4. 4.2.2 Global EV Traction Motor Sales in Value by Region (2021-2026)
  5. 4.2.3 Global EV Traction Motor Sales (Volume & Value), Price and Gross Margin (2021-2026)
  6. 4.3 Global EV Traction Motor Forecasted Market Size by Region
  7. 4.3.1 Global EV Traction Motor Sales in Volume by Region (2027-2032)
  8. 4.3.2 Global EV Traction Motor Sales in Value by Region (2027-2032)
  9. 4.3.3 Global EV Traction Motor Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 EV Traction Motor by Application
  1. 5.1 EV Traction Motor Market by Application
  2. 5.1.1 BEV
  3. 5.1.2 PHEV
  4. 5.2 Global EV Traction Motor Market Size by Application
  5. 5.2.1 Global EV Traction Motor Market Size Overview by Application (2021-2032)
  6. 5.2.2 Global EV Traction Motor Historic Market Size Review by Application (2021-2026)
  7. 5.2.3 Global EV Traction Motor Forecasted Market Size by Application (2027-2032)
  8. 5.3 Key Regions Market Size by Application
  9. 5.3.1 North America EV Traction Motor Sales Breakdown by Application (2021-2026)
  10. 5.3.2 Europe EV Traction Motor Sales Breakdown by Application (2021-2026)
  11. 5.3.3 Asia-Pacific EV Traction Motor Sales Breakdown by Application (2021-2026)
  12. 5.3.4 South America EV Traction Motor Sales Breakdown by Application (2021-2026)
  13. 5.3.5 Middle East and Africa EV Traction Motor Sales Breakdown by Application (2021-2026)
6 Company Profiles
  1. 6.1 BMW
  2. 6.1.1 BMW Company Information
  3. 6.1.2 BMW Business Overview
  4. 6.1.3 BMW EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  5. 6.1.4 BMW EV Traction Motor Product Portfolio
  6. 6.1.5 BMW Recent Developments
  7. 6.2 Tesla
  8. 6.2.1 Tesla Company Information
  9. 6.2.2 Tesla Business Overview
  10. 6.2.3 Tesla EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  11. 6.2.4 Tesla EV Traction Motor Product Portfolio
  12. 6.2.5 Tesla Recent Developments
  13. 6.3 Broad-Ocean
  14. 6.3.1 Broad-Ocean Company Information
  15. 6.3.2 Broad-Ocean Business Overview
  16. 6.3.3 Broad-Ocean EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  17. 6.3.4 Broad-Ocean EV Traction Motor Product Portfolio
  18. 6.3.5 Broad-Ocean Recent Developments
  19. 6.4 BYD
  20. 6.4.1 BYD Company Information
  21. 6.4.2 BYD Business Overview
  22. 6.4.3 BYD EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  23. 6.4.4 BYD EV Traction Motor Product Portfolio
  24. 6.4.5 BYD Recent Developments
  25. 6.5 Nissan
  26. 6.5.1 Nissan Company Information
  27. 6.5.2 Nissan Business Overview
  28. 6.5.3 Nissan EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  29. 6.5.4 Nissan EV Traction Motor Product Portfolio
  30. 6.5.5 Nissan Recent Developments
  31. 6.6 Continental AG
  32. 6.6.1 Continental AG Company Information
  33. 6.6.2 Continental AG Business Overview
  34. 6.6.3 Continental AG EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  35. 6.6.4 Continental AG EV Traction Motor Product Portfolio
  36. 6.6.5 Continental AG Recent Developments
  37. 6.7 Jing-Jin Electric Technologies
  38. 6.7.1 Jing-Jin Electric Technologies Company Information
  39. 6.7.2 Jing-Jin Electric Technologies Business Overview
  40. 6.7.3 Jing-Jin Electric Technologies EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  41. 6.7.4 Jing-Jin Electric Technologies EV Traction Motor Product Portfolio
  42. 6.7.5 Jing-Jin Electric Technologies Recent Developments
  43. 6.8 ZF
  44. 6.8.1 ZF Company Information
  45. 6.8.2 ZF Business Overview
  46. 6.8.3 ZF EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  47. 6.8.4 ZF EV Traction Motor Product Portfolio
  48. 6.8.5 ZF Recent Developments
  49. 6.9 Groupe Renault
  50. 6.9.1 Groupe Renault Company Information
  51. 6.9.2 Groupe Renault Business Overview
  52. 6.9.3 Groupe Renault EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  53. 6.9.4 Groupe Renault EV Traction Motor Product Portfolio
  54. 6.9.5 Groupe Renault Recent Developments
  55. 6.10 Toyota
  56. 6.10.1 Toyota Company Information
  57. 6.10.2 Toyota Business Overview
  58. 6.10.3 Toyota EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  59. 6.10.4 Toyota EV Traction Motor Product Portfolio
  60. 6.10.5 Toyota Recent Developments
  61. 6.11 Meidensha
  62. 6.11.1 Meidensha Company Information
  63. 6.11.2 Meidensha Business Overview
  64. 6.11.3 Meidensha EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  65. 6.11.4 Meidensha EV Traction Motor Product Portfolio
  66. 6.11.5 Meidensha Recent Developments
  67. 6.12 BOSCH
  68. 6.12.1 BOSCH Company Information
  69. 6.12.2 BOSCH Business Overview
  70. 6.12.3 BOSCH EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  71. 6.12.4 BOSCH EV Traction Motor Product Portfolio
  72. 6.12.5 BOSCH Recent Developments
  73. 6.13 UAES
  74. 6.13.1 UAES Company Information
  75. 6.13.2 UAES Business Overview
  76. 6.13.3 UAES EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  77. 6.13.4 UAES EV Traction Motor Product Portfolio
  78. 6.13.5 UAES Recent Developments
  79. 6.14 LG
  80. 6.14.1 LG Company Information
  81. 6.14.2 LG Business Overview
  82. 6.14.3 LG EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  83. 6.14.4 LG EV Traction Motor Product Portfolio
  84. 6.14.5 LG Recent Developments
  85. 6.15 Dajun Tech
  86. 6.15.1 Dajun Tech Company Information
  87. 6.15.2 Dajun Tech Business Overview
  88. 6.15.3 Dajun Tech EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  89. 6.15.4 Dajun Tech EV Traction Motor Product Portfolio
  90. 6.15.5 Dajun Tech Recent Developments
  91. 6.16 SIEMENS
  92. 6.16.1 SIEMENS Company Information
  93. 6.16.2 SIEMENS Business Overview
  94. 6.16.3 SIEMENS EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  95. 6.16.4 SIEMENS EV Traction Motor Product Portfolio
  96. 6.16.5 SIEMENS Recent Developments
  97. 6.17 Greatland Electrics
  98. 6.17.1 Greatland Electrics Company Information
  99. 6.17.2 Greatland Electrics Business Overview
  100. 6.17.3 Greatland Electrics EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  101. 6.17.4 Greatland Electrics EV Traction Motor Product Portfolio
  102. 6.17.5 Greatland Electrics Recent Developments
  103. 6.18 Hitachi Automotive Systems
  104. 6.18.1 Hitachi Automotive Systems Company Information
  105. 6.18.2 Hitachi Automotive Systems Business Overview
  106. 6.18.3 Hitachi Automotive Systems EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  107. 6.18.4 Hitachi Automotive Systems EV Traction Motor Product Portfolio
  108. 6.18.5 Hitachi Automotive Systems Recent Developments
  109. 6.19 Magna
  110. 6.19.1 Magna Company Information
  111. 6.19.2 Magna Business Overview
  112. 6.19.3 Magna EV Traction Motor Sales, Revenue and Gross Margin (2021-2026)
  113. 6.19.4 Magna EV Traction Motor Product Portfolio
  114. 6.19.5 Magna Recent Developments
7 North America by Country
  1. 7.1 North America EV Traction Motor Sales by Country
  2. 7.1.1 North America EV Traction Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 7.1.2 North America EV Traction Motor Sales by Country (2021-2026)
  4. 7.1.3 North America EV Traction Motor Sales Forecast by Country (2027-2032)
  5. 7.2 North America EV Traction Motor Market Size by Country
  6. 7.2.1 North America EV Traction Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 7.2.2 North America EV Traction Motor Market Size by Country (2021-2026)
  8. 7.2.3 North America EV Traction Motor Market Size Forecast by Country (2027-2032)
8 Europe by Country
  1. 8.1 Europe EV Traction Motor Sales by Country
  2. 8.1.1 Europe EV Traction Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 8.1.2 Europe EV Traction Motor Sales by Country (2021-2026)
  4. 8.1.3 Europe EV Traction Motor Sales Forecast by Country (2027-2032)
  5. 8.2 Europe EV Traction Motor Market Size by Country
  6. 8.2.1 Europe EV Traction Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 8.2.2 Europe EV Traction Motor Market Size by Country (2021-2026)
  8. 8.2.3 Europe EV Traction Motor Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
  1. 9.1 Asia-Pacific EV Traction Motor Sales by Country
  2. 9.1.1 Asia-Pacific EV Traction Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 9.1.2 Asia-Pacific EV Traction Motor Sales by Country (2021-2026)
  4. 9.1.3 Asia-Pacific EV Traction Motor Sales Forecast by Country (2027-2032)
  5. 9.2 Asia-Pacific EV Traction Motor Market Size by Country
  6. 9.2.1 Asia-Pacific EV Traction Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 9.2.2 Asia-Pacific EV Traction Motor Market Size by Country (2021-2026)
  8. 9.2.3 Asia-Pacific EV Traction Motor Market Size Forecast by Country (2027-2032)
10 South America by Country
  1. 10.1 South America EV Traction Motor Sales by Country
  2. 10.1.1 South America EV Traction Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 10.1.2 South America EV Traction Motor Sales by Country (2021-2026)
  4. 10.1.3 South America EV Traction Motor Sales Forecast by Country (2027-2032)
  5. 10.2 South America EV Traction Motor Market Size by Country
  6. 10.2.1 South America EV Traction Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 10.2.2 South America EV Traction Motor Market Size by Country (2021-2026)
  8. 10.2.3 South America EV Traction Motor Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
  1. 11.1 Middle East and Africa EV Traction Motor Sales by Country
  2. 11.1.1 Middle East and Africa EV Traction Motor Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  3. 11.1.2 Middle East and Africa EV Traction Motor Sales by Country (2021-2026)
  4. 11.1.3 Middle East and Africa EV Traction Motor Sales Forecast by Country (2027-2032)
  5. 11.2 Middle East and Africa EV Traction Motor Market Size by Country
  6. 11.2.1 Middle East and Africa EV Traction Motor Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
  7. 11.2.2 Middle East and Africa EV Traction Motor Market Size by Country (2021-2026)
  8. 11.2.3 Middle East and Africa EV Traction Motor Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
  1. 12.1 EV Traction Motor Value Chain Analysis
  2. 12.1.1 EV Traction Motor Key Raw Materials
  3. 12.1.2 Key Raw Materials Price
  4. 12.1.3 Raw Materials Key Suppliers
  5. 12.1.4 Manufacturing Cost Structure
  6. 12.1.5 EV Traction Motor Production Mode & Process
  7. 12.2 EV Traction Motor Sales Channels Analysis
  8. 12.2.1 Direct Comparison with Distribution Share
  9. 12.2.2 EV Traction Motor Distributors
  10. 12.2.3 EV Traction Motor Customers
13 Concluding Insights
    14 Appendix
    1. 14.1 Reasons for Doing This Study
    2. 14.2 Research Methodology
    3. 14.3 Research Process
    4. 14.4 Authors List of This Report
    5. 14.5 Data Source
    6. 14.5.1 Secondary Sources
    7. 14.5.2 Primary Sources
    8. 14.6 Disclaimer

    GET THE RESEARCH

    Choose your license.

    Choose who needs access.
    All options are for this report and research series.

    Compare access permissions.

    Single User License
    One named user. Individual access.
    Multi User License
    Up to 5 users in the same department.
    Enterprise License
    Organization-wide access within the agreed license.

    Access applies to the purchased edition. Later editions are separate purchases.

    License options
    $3,450USD
    Buy now

    PDF by email within 3–5 working days after payment confirmation.

    Talk to an analyst
    APO Research