APO RESEARCH · REPORT
Automotive Traction Motor Core
The traction motor in electric vehicle is responsible for converting the electric energy to mechanical energy which is used in propulsion of vehicle in a straight-line motion. Electric vehicle traction motor is used in electrical transmission system like electric hybrid vehicles and battery powered electric vehicles. Inside every electric motor is a stationary stator with a rotor spinning inside it. The stator is made of copper wire coils. When an electric current flows through these coils, a rotating magnetic field is created in the stator which causes the rotor to spin. The rotational movement is based on a simple physical principle: opposite poles in a magnet attract each other, whereas like poles repel.
Product & engineering
Understand the product.
The traction motor in electric vehicle is responsible for converting the electric energy to mechanical energy which is used in propulsion of vehicle in a straight-line motion. Electric vehicle traction motor is used in electrical transmission system like electric hybrid vehicles and battery powered electric vehicles. Inside every electric motor is a stationary stator with a rotor spinning inside it. The stator is made of copper wire coils. When an electric current flows through these coils, a rotating magnetic field is created in the stator which causes the rotor to spin. The rotational movement is based on a simple physical principle: opposite poles in a magnet attract each other, whereas like poles repel.
Selected research
Industry Research
Automotive Traction Motor Core Industry Research Report 2026
Market perspective
The traction motor in electric vehicle is responsible for converting the electric energy to mechanical energy which is used in propulsion of vehicle in a straight-line motion. Electric vehicle traction motor is used in electrical transmission system like electric hybrid vehicles and battery powered electric vehicles. Inside every electric motor is a stationary stator with a rotor spinning inside it. The stator is made of copper wire coils. When an electric current flows through these coils, a rotating magnetic field is created in the stator which causes the rotor to spin. The rotational movement is based on a simple physical principle: opposite poles in a magnet attract each other, whereas like poles repel.
Global core automotive traction motor core manufacturers include Mitsui High-tec, POSCO etc.The top 3 companies hold a share about 56%.Europe is the largest market, with a share about 34%, followed by China and Japan with the share about 21% and 19%.In terms of product, permanent magnet motor cores is the largest segment, with a share over 65%. And in terms of application, the largest application is EV, followed by HEV.
Report Scope
Read the full market overview
This report quantifies the global Automotive Traction Motor Core market in revenue (US$ million) and, where applicable, sales volume (K Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/K Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Automotive Traction Motor Core.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Automotive Traction Motor Core Market by Company
Mitsui High-tec
POSCO
EUROTRANCIATURA
Tempel Steel Co
Hidria
JFE Shoji
Yutake Giken
Tongda Power Technology
Shiri Electromechanical Technology
Toyota Boshoku Corporation
Suzhou Fine-stamping
Wuxi Longsheng Technology
Kuroda Precision
Automotive Traction Motor Core Segment by Type
Permanent Magnet Motor Cores
AC Induction Motor Cores
Automotive Traction Motor Core Segment by Application
HEV
EV
Automotive Traction Motor Core 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 Automotive Traction Motor Core 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 Automotive Traction Motor Core 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 Automotive Traction Motor Core.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Automotive Traction Motor Core manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: Production/output, value of Automotive Traction Motor Core by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Automotive Traction Motor Core 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 7: 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 8: 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 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: 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 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Permanent Magnet Motor Cores
- AC Induction Motor Cores
Applications
- HEV
- EV
Companies covered
- Mitsui High-tec
- POSCO
- EUROTRANCIATURA
- Tempel Steel Co
- Hidria
- JFE Shoji
- Yutake Giken
- Tongda Power Technology
- Shiri Electromechanical Technology
- Toyota Boshoku Corporation
- Suzhou Fine-stamping
- Wuxi Longsheng Technology
- Kuroda Precision
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Automotive Traction Motor Core by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Permanent Magnet Motor Cores
- 2.2.3 AC Induction Motor Cores
- 2.3 Automotive Traction Motor Core by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 HEV
- 2.3.3 EV
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Automotive Traction Motor Core Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Automotive Traction Motor Core Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Automotive Traction Motor Core Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Automotive Traction Motor Core Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Automotive Traction Motor Core Production by Manufacturers (2021-2026)
- 3.2 Global Automotive Traction Motor Core Production Value by Manufacturers (2021-2026)
- 3.3 Global Automotive Traction Motor Core Average Price by Manufacturers (2021-2026)
- 3.4 Global Automotive Traction Motor Core Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Automotive Traction Motor Core Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Automotive Traction Motor Core Manufacturers, Product Type & Application
- 3.7 Global Automotive Traction Motor Core Manufacturers Established Date
- 3.8 Global Automotive Traction Motor Core Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Mitsui High-tec
- 4.1.1 Mitsui High-tec Automotive Traction Motor Core Company Information
- 4.1.2 Mitsui High-tec Automotive Traction Motor Core Business Overview
- 4.1.3 Mitsui High-tec Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.1.4 Mitsui High-tec Product Portfolio
- 4.1.5 Mitsui High-tec Recent Developments
- 4.2 POSCO
- 4.2.1 POSCO Automotive Traction Motor Core Company Information
- 4.2.2 POSCO Automotive Traction Motor Core Business Overview
- 4.2.3 POSCO Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.2.4 POSCO Product Portfolio
- 4.2.5 POSCO Recent Developments
- 4.3 EUROTRANCIATURA
- 4.3.1 EUROTRANCIATURA Automotive Traction Motor Core Company Information
- 4.3.2 EUROTRANCIATURA Automotive Traction Motor Core Business Overview
- 4.3.3 EUROTRANCIATURA Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.3.4 EUROTRANCIATURA Product Portfolio
- 4.3.5 EUROTRANCIATURA Recent Developments
- 4.4 Tempel Steel Co
- 4.4.1 Tempel Steel Co Automotive Traction Motor Core Company Information
- 4.4.2 Tempel Steel Co Automotive Traction Motor Core Business Overview
- 4.4.3 Tempel Steel Co Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.4.4 Tempel Steel Co Product Portfolio
- 4.4.5 Tempel Steel Co Recent Developments
- 4.5 Hidria
- 4.5.1 Hidria Automotive Traction Motor Core Company Information
- 4.5.2 Hidria Automotive Traction Motor Core Business Overview
- 4.5.3 Hidria Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.5.4 Hidria Product Portfolio
- 4.5.5 Hidria Recent Developments
- 4.6 JFE Shoji
- 4.6.1 JFE Shoji Automotive Traction Motor Core Company Information
- 4.6.2 JFE Shoji Automotive Traction Motor Core Business Overview
- 4.6.3 JFE Shoji Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.6.4 JFE Shoji Product Portfolio
- 4.6.5 JFE Shoji Recent Developments
- 4.7 Yutake Giken
- 4.7.1 Yutake Giken Automotive Traction Motor Core Company Information
- 4.7.2 Yutake Giken Automotive Traction Motor Core Business Overview
- 4.7.3 Yutake Giken Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.7.4 Yutake Giken Product Portfolio
- 4.7.5 Yutake Giken Recent Developments
- 4.8 Tongda Power Technology
- 4.8.1 Tongda Power Technology Automotive Traction Motor Core Company Information
- 4.8.2 Tongda Power Technology Automotive Traction Motor Core Business Overview
- 4.8.3 Tongda Power Technology Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.8.4 Tongda Power Technology Product Portfolio
- 4.8.5 Tongda Power Technology Recent Developments
- 4.9 Shiri Electromechanical Technology
- 4.9.1 Shiri Electromechanical Technology Automotive Traction Motor Core Company Information
- 4.9.2 Shiri Electromechanical Technology Automotive Traction Motor Core Business Overview
- 4.9.3 Shiri Electromechanical Technology Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.9.4 Shiri Electromechanical Technology Product Portfolio
- 4.9.5 Shiri Electromechanical Technology Recent Developments
- 4.10 Toyota Boshoku Corporation
- 4.10.1 Toyota Boshoku Corporation Automotive Traction Motor Core Company Information
- 4.10.2 Toyota Boshoku Corporation Automotive Traction Motor Core Business Overview
- 4.10.3 Toyota Boshoku Corporation Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.10.4 Toyota Boshoku Corporation Product Portfolio
- 4.10.5 Toyota Boshoku Corporation Recent Developments
- 4.11 Suzhou Fine-stamping
- 4.11.1 Suzhou Fine-stamping Automotive Traction Motor Core Company Information
- 4.11.2 Suzhou Fine-stamping Automotive Traction Motor Core Business Overview
- 4.11.3 Suzhou Fine-stamping Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.11.4 Suzhou Fine-stamping Product Portfolio
- 4.11.5 Suzhou Fine-stamping Recent Developments
- 4.12 Wuxi Longsheng Technology
- 4.12.1 Wuxi Longsheng Technology Automotive Traction Motor Core Company Information
- 4.12.2 Wuxi Longsheng Technology Automotive Traction Motor Core Business Overview
- 4.12.3 Wuxi Longsheng Technology Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.12.4 Wuxi Longsheng Technology Product Portfolio
- 4.12.5 Wuxi Longsheng Technology Recent Developments
- 4.13 Kuroda Precision
- 4.13.1 Kuroda Precision Automotive Traction Motor Core Company Information
- 4.13.2 Kuroda Precision Automotive Traction Motor Core Business Overview
- 4.13.3 Kuroda Precision Automotive Traction Motor Core Production, Value and Gross Margin (2021-2026)
- 4.13.4 Kuroda Precision Product Portfolio
- 4.13.5 Kuroda Precision Recent Developments
5 Global Automotive Traction Motor Core Production by Region
- 5.1 Global Automotive Traction Motor Core Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Automotive Traction Motor Core Production by Region: 2021-2032
- 5.2.1 Global Automotive Traction Motor Core Production by Region: 2021-2026
- 5.2.2 Global Automotive Traction Motor Core Production Forecast by Region (2027-2032)
- 5.3 Global Automotive Traction Motor Core Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Automotive Traction Motor Core Production Value by Region: 2021-2032
- 5.4.1 Global Automotive Traction Motor Core Production Value by Region: 2021-2026
- 5.4.2 Global Automotive Traction Motor Core Production Value Forecast by Region (2027-2032)
- 5.5 Global Automotive Traction Motor Core Market Price Analysis by Region (2021-2026)
- 5.6 Global Automotive Traction Motor Core Production and Value, YOY Growth
- 5.6.1 North America Automotive Traction Motor Core Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Automotive Traction Motor Core Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Automotive Traction Motor Core Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Automotive Traction Motor Core Production Value Estimates and Forecasts (2021-2032)
6 Global Automotive Traction Motor Core Consumption by Region
- 6.1 Global Automotive Traction Motor Core Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Automotive Traction Motor Core Consumption by Region (2021-2032)
- 6.2.1 Global Automotive Traction Motor Core Consumption by Region: 2021-2026
- 6.2.2 Global Automotive Traction Motor Core Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Automotive Traction Motor Core Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Automotive Traction Motor Core Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Automotive Traction Motor Core Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Automotive Traction Motor Core Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Automotive Traction Motor Core Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Automotive Traction Motor Core Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Automotive Traction Motor Core Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Automotive Traction Motor Core Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Automotive Traction Motor Core Production by Type (2021-2032)
- 7.1.1 Global Automotive Traction Motor Core Production by Type (2021-2032) & (K Units)
- 7.1.2 Global Automotive Traction Motor Core Production Market Share by Type (2021-2032)
- 7.2 Global Automotive Traction Motor Core Production Value by Type (2021-2032)
- 7.2.1 Global Automotive Traction Motor Core Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Automotive Traction Motor Core Production Value Market Share by Type (2021-2032)
- 7.3 Global Automotive Traction Motor Core Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Automotive Traction Motor Core Production by Application (2021-2032)
- 8.1.1 Global Automotive Traction Motor Core Production by Application (2021-2032) & (K Units)
- 8.1.2 Global Automotive Traction Motor Core Production Market Share by Application (2021-2032)
- 8.2 Global Automotive Traction Motor Core Production Value by Application (2021-2032)
- 8.2.1 Global Automotive Traction Motor Core Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Automotive Traction Motor Core Production Value Market Share by Application (2021-2032)
- 8.3 Global Automotive Traction Motor Core Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Automotive Traction Motor Core Value Chain Analysis
- 9.1.1 Automotive Traction Motor Core Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Automotive Traction Motor Core Production Mode & Process
- 9.2 Automotive Traction Motor Core Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Automotive Traction Motor Core Distributors
- 9.2.3 Automotive Traction Motor Core Customers
10 Global Automotive Traction Motor Core Analyzing Market Dynamics
- 10.1 Automotive Traction Motor Core Industry Trends
- 10.2 Automotive Traction Motor Core Industry Drivers
- 10.3 Automotive Traction Motor Core Industry Opportunities and Challenges
- 10.4 Automotive Traction Motor Core Industry Restraints
11 Report Conclusion
12 Disclaimer
GET THE RESEARCH
Choose your license.
Choose who needs access.
All options are for this report and research series.
PDF by email within 3–5 working days after payment confirmation.
Talk to an analyst