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Global Automotive Traction Motor Market by Motor Type (PMSM, DC Brushless, AC Induction), Type (AC, DC), EV Type (BEV, HEV, PHEV), Power Output (less than 200 KW, 200-400 KW, above 400 KW), Vehicle Type (PC, CV), and Region - Forecast to 2026

  • ID: 5308971
  • Report
  • March 2021
  • Region: Global
  • 226 Pages
  • Markets and Markets
Global Automotive Traction Motor Market Projected to Grow at a CAGR of 33.7% from USD 4.1 Billion in 2021 to USD 17.3 Billion by 2026

FEATURED COMPANIES

  • Borgwarner Inc.
  • Continental AG
  • Eaton Corporation plc
  • Magna International
  • Mitsuba Corporation
  • Robert Bosch GmbH
  • MORE

The global automotive traction motor market is projected to grow at a CAGR of 33.7% from USD 4.1 billion in 2021 to USD 17.3 billion by 2026. Factors such as supporting government policies launch of new EV models, and advanced motor designs will drive the automotive traction motor market.

The electric vehicle industry has rapidly evolved with ongoing developments in design, features, engineering, and electric motor technologies. With the increasing stringency of government mandates regarding emissions caused by vehicles, the automotive industry is focusing on efficiency, emission-free propulsion, and innovative technologies. The high predicted growth of electric vehicles due to government mandates and global presence of major OEMs and Tier I suppliers is expected to drive the market.

In 2019, Bosch announced full ownership and control of its EM-motiv electric-motor development joint venture with Daimler to manage the full efficiency profile of electric propulsion, from the battery pack to power electronics and motors. The company claims an increase of 20% in the range of electric vehicles.

Advanced motor designs, enhanced tolerance levels, and increased usage of superior magnetic materials have led to the need for higher efficiency levels in motors. There is a growing demand for compact and energy-efficient motors. Electric traction motors are mainly used in electric vehicles. Permanent magnet motors are widely used as traction motors in electric vehicles due to their higher efficiency level, power density, smaller size, and lower weight as compared to induction (asynchronous) motors.

Traction motors also play a significant role in the development of electrified cars and commercial vehicles. The electric propulsion system is an integral part of EVs and HEVs. Increase in the usage of electric vehicles and massive investment in technological advancements in electric vehicles are major driving factors for the traction motor market. The stringent government regulations related to vehicle emission and support towards component costs are also predicted to be driving factors for the market.

The commercial vehicles segment is expected to be the fastest segment in the forecast

Commercial vehicles require higher power traction motors as compared to passenger cars due to the requirement of high starting torque and overload capacity. The rising demand for and subsequent increase in the sale of commercial vehicles, impositions of stringent emission regulations with increased set limits in fuel efficiency regulations by different governments, and safety regulations have together shifted the focus of OEMs toward reducing carbon emissions from commercial vehicles. The government parameters regarding regulations for carbon emissions vary according to vehicle type and region.

North America is projected to be the largest automotive traction motor market for commercial vehicles. This can be attributed to the growing popularity of pickup trucks in the region among OEMs such as Ford, Chrysler, and General Motors. Traction motor manufacturers in the region are also increasing their investments in this segment to add more fuel-efficient features. For instance, in October 2019, Eaton Corporation PLC announced the plan to launch a transmission system for heavy-duty electric commercial vehicles. The transmission will be 4-speed and based on efficient lay shaft architecture of Automated Manual Transmission (AMT) designed specifically for commercial EVs. All these factors are expected to fuel the demand for traction motors in North America.

200-400 kW is expected to be the fastest power output segment in the forecast period

Traction motors with a power output of 200-400 kW are particularly installed in medium to heavy commercial vehicles. These motors have a high starting torque and overload capacity. As these motors are widely used in commercial vehicles such as trucks, vans, and buses, their demand is expected to increase in several countries across the Middle East, North America, and Asia Pacific, which are witnessing significant investments in EV projects. The wide array of applications employing these traction motors is one of the major factors driving this segment. Skoda and Toshiba are some of the manufacturers of traction motors with a power output of 200-400 kW.

Research Coverage

The study covers the automotive traction motor market size and future growth potential across different segments such as by type, motor type, EV type, vehicle type, power output and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

The automotive traction motor market is dominated by established players such as BorgWarner Inc. (US), Schaeffler Group (Germany), Nidec Corporation (Japan), Robert Bosch GmbH (Germany), and ZF Friedrichshafen AG (Germany).

Breakup of Primary Interviews

In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in this market.

  • By Company Type: Tier I - 59%, Tier II - 7%, and OEMs - 34%
  • By Designation: CXOs - 26%, Director Level - 43%, and Others - 31%
  • By Region: North America - 29%, Europe - 39%, and Asia-Pacific - 35%

Key Benefits of Buying the Report

  • The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall automotive traction motor market and its subsegments.
  • This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
  • The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Borgwarner Inc.
  • Continental AG
  • Eaton Corporation plc
  • Magna International
  • Mitsuba Corporation
  • Robert Bosch GmbH
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.2.1 Inclusions & Exclusions
Table 1 Inclusions & Exclusions for Automotive Traction Motor Market
1.3 Market Scope
Figure 1 Market Segmentation: Automotive Traction Motor Market
1.3.1 Years Considered for the Study
1.4 Stakeholders

2 Research Methodology
2.1 Research Data
Figure 2 Research Design
Figure 3 Research Methodology Model
2.1.1 Secondary Data
2.1.1.1 List of Key Secondary Sources
2.1.1.2 Key Data from Secondary Sources
2.1.2 Primary Data
Figure 4 Breakdown of Primary Interviews: by Company, Designation, & Region
2.1.2.1 List of Primary Participants
2.2 Market Estimation Methodology
Figure 5 Research Methodology: Hypothesis Building
Table 2 Car Models with Motor Type and Numbers
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
Figure 6 Automotive Traction Motor Market Size: Bottom-Up Approach
2.3.2 Top-Down Approach
Figure 7 Market Size Estimation Methodology for Automotive Traction Motor Market: Top-Down Approach
Figure 8 Automotive Traction Motor Market: Research Design & Methodology
Figure 9 Automotive Traction Motor Market: Research Methodology Illustration of ZF Revenue Estimation
2.3.3 Factor Analysis for Market Sizing: Demand and Supply Side
2.4 Data Triangulation
Figure 10 Data Triangulation
2.5 Factor Analysis
2.6 Research Assumptions
2.7 Research Limitations

3 Executive Summary
Figure 11 Automotive Traction Motor Market: Market Dynamics
Figure 12 Automotive Traction Motor Market, by Region, 2021-2026
Figure 13 Passenger Cars Segment Estimated to Lead Automotive Traction Motor Market from 2021 to 2026
Figure 14 BEV Segment Estimated to Lead Automotive Traction Motor Market from 2021 to 2026
Table 3 Traction Motor: Suppliers Information
3.1 COVID-19 Impact on Automotive Traction Motor Market, 2018-2026

4 Premium Insights
4.1 Attractive Opportunities in Automotive Traction Motor Market
Figure 15 Increasing Adoption of Electric Vehicles and Government Incentives to Drive Market in Next Five Years
4.2 Automotive Traction Motor Market, by Region
Figure 16 Asia-Pacific Estimated to Dominate Automotive Traction Motor Market in 2021
4.3 Asia-Pacific Automotive Traction Motor Market, by Country & Vehicle Type
Figure 17 China Estimated to be Largest Automotive Traction Motor Market in Asia-Pacific in 2021
4.4 Automotive Traction Motor Market, by Vehicle Type
Figure 18 Passenger Cars Segment Expected to be Largest Segment from 2021 to 2026
4.5 Automotive Traction Motor Market, by EV Type
Figure 19 BEV Segment Projected to Record Highest CAGR During Forecast Period
4.6 Automotive Traction Motor Market, by Type
Figure 20 AC Segment Expected to be Largest Segment from 2021 to 2026
4.7 Automotive Traction Motor Market, by Power Output
Figure 21 Less Than 200 Kw Segment Projected to Record Higher CAGR During Forecast Period
4.8 Automotive Traction Motor Market, by Motor Type
Figure 22 PMSM Estimated to be Largest Segment in 2021

5 Market Overview
5.1 Introduction
Table 4 Traction Motors in Passenger Cars
5.2 Market Dynamics
Figure 23 Automotive Traction Motor Market: Market Dynamics
5.2.1 Drivers
5.2.1.1 Increased Demand for High-Performance Motors
5.2.1.2 Rising Demand for Electric Vehicles
Figure 24 Global EV Sales, 2017-2020
Table 5 Government Incentives, by Country
5.2.1.3 Advancements in Electrical Drives for Traction Systems
Figure 25 Traction Motor Used in Chevrolet Volt Electric Vehicle
5.2.2 Restraints
5.2.2.1 Limited Availability and Price Volatility of Materials Used in Production
Figure 26 Copper (LME) Price Trend (In USD Per Metric Ton), January 2016-October 2019
Table 6 Materials Used in Electric Motor
5.2.2.2 Limited EV Charging Infrastructure
5.2.3 Opportunities
5.2.3.1 Implementation of Stringent Emission Norms & Environmental Regulations
Figure 27 Global Fuel Economy and CO2 Emission Data (2016-2025)
Table 7 Key Countries: Passenger Car Emission Regulation Specification Overview, by Fuel Type, 2016-2021
5.2.3.2 Unstable Prices of Fossil Fuels
Figure 28 Crude Oil Fluctuating Prices
5.2.4 Challenges
5.2.4.1 Overheating of Traction Motors
5.2.4.2 Reduced Subsidies for EVs
Table 8 Subsidies Offered for Electric Vehicles in China
5.2.5 Impact of Market Dynamics
Table 9 Automotive Traction Motor Market: Impact of Market Dynamics
5.3 Automotive Traction Market, Market Scenarios (2018-2026)
Figure 29 Automotive Traction Motor Market: Future Trends & Scenarios, 2018-2026
5.3.1 Most Likely Scenario
Table 10 Automotive Traction Motor Market: Most Likely Scenario, by Region, 2018-2026 (USD Million)
5.3.2 Optimistic Scenario
Table 11 Automotive Traction Motor Market: Optimistic Scenario, by Region, 2020-2026 (USD Million)
5.3.3 Pessimistic Scenario
Table 12 Automotive Traction Motor Market: Pessimistic Scenario, by Region, 2020-2026 (USD Million)
5.4 Porter's Five Forces
Figure 30 Porter's Five Forces: Automotive Traction Motor Market
Table 13 Automotive Traction Motor Market: Porter's Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.1.1 Entry of New Market Players
5.4.1.2 New Developments by OEMs to Stay in Competition
5.4.2 Threat of Substitutes
5.4.2.1 Adoption of Clean Fuel Vehicles
5.4.2.2 Emergence of Alternative Motors
5.4.3 Bargaining Power of Buyers
5.4.3.1 Rise in Demand for Automotive Traction Motors
5.4.3.2 Declining Prices of EVs
5.4.3.3 Availability of Alternative Motors and Suppliers
5.4.4 Bargaining Power of Suppliers
5.4.4.1 Demand for Major Raw Materials
5.4.4.2 Price Fluctuations of Major Raw Materials
5.4.5 Intensity of Competitive Rivalry
5.4.5.1 Pre-Established Market Players
5.4.5.2 New Developments Related to Automotive Traction Motors
5.5 Pricing Analysis
Figure 31 Automotive Traction Motor Market: Approximate Price of Motors by Year
Figure 32 Automotive Traction Motor Market: EV Powertrain Cost Breakdown in 2017 (Base Year)
Figure 33 Automotive Traction Motor Market: EV Powertrain Cost Breakdown in 2025 (Estimate)
5.6 Supply Chain Analysis
Figure 34 Automotive Traction Motor Market: Supply Chain Analysis
5.7 Ecosystem
Figure 35 Ecosystem of Automotive Traction Motor Market
Table 14 Automotive Traction Motor Market: Ecosystem
5.8 Technology Analysis
5.8.1 Introduction
5.8.2 Hybrid and Electric Drive Modules
5.8.3 High-Power Electric Motors
Figure 36 48 Volt Electrifications
5.9 Patent Analysis
Table 15 Important Patent Registrations Related to Automotive Traction Motor Market
5.10 Case Study
5.10.1 Intelligent Motors Equipped with Microcomputers
5.10.2 E-Bike Systems Innovation by Bosch
5.10.3 Schaeffler Plays an Important Role in Development of Racing Vehicles in ‘DTM’
5.11 Trade/Sales Data
5.11.1 China
Table 16 Electric Vehicle Sales (BEV and PHEV) in China (Units)
5.11.2 Japan
Table 17 Electric Vehicle Sales (BEV and PHEV) in Japan (Units)
5.11.3 South Korea
Table 18 Electric Vehicle Sales (BEV and PHEV) in South Korea (Units)
5.11.4 India
Table 19 Electric Vehicle Sales (BEV and PHEV) in India (Units)
5.11.5 US
Table 20 Electric Vehicle Sales (BEV and PHEV) in US (Units)
5.11.6 Germany
Table 21 Electric Vehicle Sales (BEV and PHEV) in Germany (Units)
5.11.7 UK
Table 22 Electric Vehicle Sales (BEV and PHEV) in UK (Units)
5.11.8 Norway
Table 23 Electric Vehicle Sales (BEV and PHEV) in Norway (Units)
5.12 Regulatory Overview
Table 24 Regulations for Automotive Traction Motors
5.13 Automotive Traction Motor Market: COVID-19 Impact
5.13.1 Impact on Raw Material Supply
5.13.2 Impact on Traction Motor Production
5.13.3 Impact due on EV Demand

6 Automotive Traction Motor Market, by Motor Type
6.1 Introduction
Figure 37 Automotive Traction Motor Market, by Motor Type, 2021 vs. 2026
Table 25 Automotive Traction Motor Market, by Motor Type, 2018-2026 (Thousand Units)
Table 26 Automotive Traction Motor Market, by Motor Type, 2018-2026 (USD Million)
6.2 Operational Data
Table 27 Government Programs for Promotion of Electric Commercial Vehicle Sales
6.2.1 Assumptions
6.2.2 Research Methodology
6.2.3 Key Primary Insights
Figure 38 Key Primary Insights
6.3 PMSM
6.3.1 Suited to High-Performance Applications
Table 28 PMSM: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 29 PMSM: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)
6.4 AC Induction Motors
6.4.1 Limited Complexity and Low Cost to Drive Demand
Table 30 AC Induction Motors: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 31 AC Induction Motors: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)

7 Automotive Traction Motor Market, by EV Type
7.1 Introduction
Figure 39 Automotive Traction Motor Market, by EV Type, 2021 vs. 2026
Table 32 Automotive Traction Motor Market, by EV Type, 2018-2026 (Thousand Units)
Table 33 Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Million)
7.2 Operational Data
Table 34 Electric Commercial Vehicle Data, by Company, Model, and Propulsion Type
Figure 40 US: Plug-In Sales, by Model
7.2.1 Assumptions
7.2.2 Research Methodology
7.2.3 Key Primary Insights
Figure 41 Key Primary Insights
7.3 Battery Electric Vehicle (BEV)
7.3.1 Strict Emission Norms Will Drive Demand for BEVs
Table 35 BEV: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 36 BEV: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)
7.4 Hybrid Electric Vehicle (HEV)
7.4.1 Lesser Requirement of Electric Power Increases Demand for HEVs
Table 37 HEV: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 38 HEV: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)
7.5 Plug-In Hybrid Electric Vehicle (PHEV)
7.5.1 High Electric Range of PHEVs Will Drive Market Significantly
Table 39 PHEV: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 40 PHEV: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)

8 Automotive Traction Motor Market, by Power Output
8.1 Introduction
Figure 42 Automotive Traction Motor Market, by Power Output, 2021 vs. 2026
Table 41 Automotive Traction Motor Market, by Power Output, 2018-2026 (Thousand Units)
Table 42 Automotive Traction Motor Market, by Power Output, 2018-2026 (USD Million)
8.2 Operational Data
Table 43 Electric Vehicles, by Model, Vehicle Type & Propulsion
8.2.1 Assumptions
8.2.2 Research Methodology
8.2.3 Key Primary Insights
Figure 43 Key Primary Insights
8.3 Less Than 200 Kw
8.3.1 Electrification of Passenger Cars to Drive the Less Than 200 Kw Segment
Table 44 Less Than 200 Kw: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 45 Less Than 200 Kw: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)
8.4 200-400 Kw
8.4.1 Demand from a Wide Array of Applications such as EV Buses and Trucks is Expected to Drive this Segment
Table 46 200-400 Kw Motors: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 47 200-400 Kw: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)
8.5 Above 400 Kw
8.5.1 Increasing Rate of Urbanization and Growing Population are Expected to Drive the Demand for Above 400 Kw Power Motors
Table 48 Above 400 Kw: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 49 Above 400 Kw: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)

9 Automotive Traction Motor Market, by Type
9.1 Introduction
Figure 44 Automotive Traction Motor Market, by Type, 2021 vs. 2026
Table 50 Automotive Traction Motor Market, by Type, 2018-2026 (Thousand Units)
Table 51 Automotive Traction Motor Market, by Type, 2018-2026 (USD Million)
9.2 Operational Data
Table 52 Difference Between AC and DC Motors
9.2.1 Assumptions
9.2.2 Research Methodology
9.2.3 Key Primary Insights
Figure 45 Key Primary Insights
9.3 DC
9.3.1 Operational Benefits such as Low Noise and Less Maintenance are Expected to Drive the Demand for DC Motors
Table 53 Automotive DC Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 54 Automotive DC Traction Motor Market, by Region, 2018-2026 (USD Million)
9.4 AC
9.4.1 High Efficiency and Low Manufacturing Cost of AC Traction Motors are Expected to Drive Their Demand
Table 55 Automotive AC Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 56 Automotive AC Traction Motor Market, by Region, 2018-2026 (USD Million)

10 Automotive Traction Motor Market, by Vehicle Type
10.1 Introduction
Figure 46 Automotive Traction Motor Market, by Vehicle Type, 2021 vs. 2026
Table 57 Automotive Traction Motor Market, by Vehicle Type, 2018-2026 (Thousand Units)
Table 58 Automotive Traction Motor Market, by Vehicle Type, 2018-2026 (USD Million)
10.2 Operational Data
Table 59 Global Passenger Car Production Data, 2016-2019 (Million Units)
10.2.1 Assumptions
10.2.2 Research Methodology
10.2.3 Key Primary Insights
Figure 47 Key Primary Insights
10.3 Passenger Cars
10.3.1 Increasing Number of Emission Norms Pertaining to Passenger Cars to Boost Demand for Traction Motors
Table 60 Passenger Cars: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 61 Passenger Cars: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)
10.4 Commercial Vehicles
10.4.1 Increasing Demand in Logistics Sector to Drive Growth of Segment
Table 62 Commercial Vehicles: Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 63 Commercial Vehicles: Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)

11 Automotive Traction Motor Market, by Region
11.1 Introduction
Figure 48 Automotive Traction Motor Market, by Region, 2021 vs. 2026
Table 64 Automotive Traction Motor Market, by Region, 2018-2026 (Thousand Units)
Table 65 Automotive Traction Motor Market, by Region, 2018-2026 (USD Million)
11.2 Asia-Pacific
Figure 49 Asia-Pacific: Automotive Traction Motor Market Snapshot
Table 66 Asia-Pacific: Automotive Traction Motor Market, by Country, 2018-2026 (Thousand Units)
Table 67 Asia-Pacific: Automotive Traction Motor Market, by Country, 2018-2026 (USD Million)
11.2.1 China
11.2.1.1 Significant Investments in Electric Vehicles to Meet Air Quality Standards Contribute to Growth of Automotive Traction Motor Market
Table 68 China: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 69 China: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.2.2 Japan
11.2.2.1 Strong Government Support to Reinforce Transportation Efficiency to Offer Lucrative Opportunities for Automotive Traction Motor Market Players
Table 70 Japan: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 71 Japan: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.2.3 India
11.2.3.1 Strategic Initiatives Taken by Government to Upgrade Existing Ice Vehicles with Electric Ones to Boost Automotive Traction Motor Market Growth
Table 72 India: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 73 India: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.2.4 South Korea
11.2.4.1 Huge Investments in Electric Vehicle Projects to Boost Demand for Automotive Traction Motors
Table 74 South Korea: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 75 South Korea: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.3 Europe
Figure 50 Europe: Automotive Traction Motor Market Snapshot
Table 76 Europe: Automotive Traction Motor Market, by Country, 2018-2026 (Thousand Units)
Table 77 Europe: Automotive Traction Market, by Country, 2018-2026 (USD Million)
11.3.1 France
11.3.1.1 Rising Adoption of Electric Vehicles to Boost Market Growth
Table 78 France: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 79 France: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.3.2 Germany
11.3.2.1 Increasing Use of Electric Vehicles with Growing Focus on Renewable Energy Capacity Development Programs, Along with Prominent Presence of Major Automobile Companies, to Fuel Market Growth
Table 80 Germany: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 81 Germany: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.3.3 Spain
11.3.3.1 Growing Adoption of Electric Vehicles to Stimulate Demand for Automotive Traction Motors
Table 82 Spain: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 83 Spain: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.3.4 Italy
11.3.4.1 Surging Adoption of EVs, Along with Strong Focus on Utilization of Renewable Energy Sources, to Promote Market Growth
Table 84 Italy: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 85 Italy: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.3.5 UK
11.3.5.1 Increasing Investment in R&D Activities for Development of Electric Vehicles to Push Market Growth
Table 86 UK: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 87 UK: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.4 North America
Table 88 North America: Automotive Traction Market, by Country, 2018-2026 (Thousand Units)
Table 89 North America: Automotive Traction Motor Market, by Country, 2018-2026 (USD Million)
11.4.1 US
11.4.1.1 Growing Electric Car Segment Primary Driving Factor for Automotive Traction Motors
Table 90 US: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 91 US: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.4.2 Canada
11.4.2.1 Government Support to Promote EVs Will Boost Market in Canada
Table 92 Canada: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 93 Canada: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)
11.4.3 Mexico
11.4.3.1 Market in Mexico Driven by Increasing Focus on Decarbonization of Transport Sector
Table 94 Mexico: Automotive Traction Motor Market, by EV Type, 2018-2026 (Units)
Table 95 Mexico: Automotive Traction Motor Market, by EV Type, 2018-2026 (USD Thousand)

12 Competitive Landscape
12.1 Overview
12.2 Market Evaluation Framework
Figure 51 Market Evaluation Framework
Figure 52 Key Developments by Leading Players in Automotive Traction Motor Market
12.3 Market Evaluation Framework: Revenue Analysis of Top Listed/Public Players
Figure 53 Top Public/Listed Players Dominating Automotive Traction Motor Market in Last Three Years
12.4 Market Share Analysis
Figure 54 Market Share Analysis, 2020
Table 96 Automotive Traction Motor Market: Degree of Competition
12.5 COVID-19 Impact on Automotive Traction Motor Companies
12.5.1 Impact on EV Demand
12.6 Market Ranking Analysis
Figure 55 Market Ranking Analysis, 2020
12.7 Competitive Scenario
12.7.1 Automotive Traction Motor Market: Product Launches
Table 97 Automotive Traction Motor: Product Launches, 2017-2021
12.7.2 Automotive Traction Motor Market: Deals, 2018-2020
Table 98 Automotive Traction Motor Market: Deals, 2018-2020
12.7.3 Automotive Traction Motor Market: Others, 2018-2020
Table 99 Automotive Traction Motor Market: Others, 2018-2020
12.8 Competitive Leadership Mapping for Automotive Traction Motor Market
12.8.1 Stars
12.8.2 Emerging Leaders
12.8.3 Pervasive
12.8.4 Participant
Figure 56 Automotive Traction Motor Market: Competitive Leadership Mapping, 2020
12.9 Strength of Product Portfolio
Figure 57 Product Portfolio Analysis of Top Players in Automotive Traction Motor Market
12.10 Business Strategy Excellence
Figure 58 Business Strategy Excellence of Top Players in Automotive Traction Motor Market
12.11 Company Evaluation Quadrant-Product Footprint
Table 100 Company Product Footprint
Table 101 Company Industry Footprint
Table 102 Company Application Footprint
Table 103 Company Regional Footprint
12.12 Start-Up/SME Evaluation Matrix, 2020
Figure 59 Automotive Traction Motor Market: Start-Up Matrix, 2020
12.13 Winners vs. Tail-Enders
Table 104 Winners vs. Tail-Enders

13 Company Profiles
(Business Overview, Products Offered, Recent Developments & Analyst's View)*
13.1 Borgwarner Inc.
Figure 60 Borgwarner Inc.: Company Snapshot
Table 105 Borgwarner Inc.: Products Offered
Table 106 Borgwarner Inc.: New Product Developments/Expansions
Table 107 Borgwarner Inc.: Agreements/Acquisitions
13.2 BYD Co. Ltd.
Figure 61 BYD Co. Ltd.: Company Snapshot
Table 108 BYD Co. Ltd.: Products Offered
Table 109 BYD Co. Ltd.: New Product Developments
Table 110 BYD Co. Ltd.: Joint Ventures
13.3 Tesla Inc.
Figure 62 Tesla Inc.: Company Snapshot
Table 111 Tesla Inc.: Products Offered
Table 112 Tesla Inc.: New Product Developments/Expansions
Table 113 Tesla Inc.: Acquisitions/Agreements
13.4 Schaeffler Group
Figure 63 Schaeffler Group: Company Snapshot
Table 114 Schaeffler Group: Products Offered
Table 115 Schaeffler Group: New Product Developments/Expansions
Table 116 Schaeffler Group: Partnerships/Acquisitions/Agreements
13.5 ZF Friedrichshafen AG
Figure 64 ZF Friedrichshafen AG: Company Snapshot
Table 117 ZF Friedrichshafen AG: Products Offered
Table 118 ZF Friedrichshafen AG: New Product Developments/Expansions
Table 119 ZF Friedrichshafen AG: Acquisitions/ Joint Ventures
13.6 Eaton Corporation plc
Figure 65 Eaton Corporation plc: Company Snapshot
Table 120 Eaton Corporation plc: Products Offered
Table 121 Eaton Corporation plc: New Product Developments/Expansions
Table 122 Eaton Corporation plc: Agreements/Joint Ventures
13.7 Robert Bosch GmbH
Figure 66 Robert Bosch GmbH: Company Snapshot
Table 123 Robert Bosch GmbH: Products Offered
Table 124 Robert Bosch GmbH: New Product Developments/Expansions
Table 125 Robert Bosch GmbH: Agreements/Acquisition/Collaboration
13.8 Continental AG
Figure 67 Continental AG: Company Snapshot
Table 126 Continental AG: Products Offered
Table 127 Continental AG: New Product Developments/Expansions
Table 128 Continental AG: Agreements
13.9 Denso Corporation
Figure 68 Denso Corporation: Company Snapshot
Table 129 Denso Corporation: Products Offered
Table 130 Denso Corporation: New Product Developments/Expansions
Table 131 Denso Corporation: Collaborations/Joint Ventures
13.10 Magna International
Figure 69 Magna International: Company Snapshot
Figure 70 Magna International: Company Revenue (USD 39.4 Bn), by Client, 2020
Table 132 Magna International: Products Offered
13.11 Johnson Electric Holdings Limited
Figure 71 Johnson Electric Holdings Limited: Company Snapshot
Figure 72 Johnson Electric Holdings Limited: Lockdowns Mostly Affected Factories of Company's Automotive Customers
Table 133 Johnson Electric Holdings Limited: Products Offered
13.12 Valeo S.A.
Figure 73 Valeo S.A.: Company Snapshot
Table 134 Valeo S.A.: Products Offered
Table 135 Valeo S.A.: New Product Developments/Expansions
Table 136 Valeo S.A.: Collaborations/Partnerships
13.13 Mahle Group
Figure 74 Mahle Group: Company Snapshot
Table 137 Mahle Group: Products Offered
Table 138 Mahle Group: New Product Developments/Expansions
Table 139 Mahle Group: Collaborations/Partnerships
13.14 Nidec Corporation
Figure 75 Nidec Corporation: Company Snapshot
Table 140 Nidec Corporation: Products Offered
Table 141 Nidec Corporation: New Product Developments
Table 142 Nidec Corporation: Acquisitions/Joint Ventures
13.15 Mitsuba Corporation
Figure 76 Mitsuba Corporation: Company Snapshot
Table 143 Mitsuba Corporation: Products Offered
Table 144 Mitsuba Corporation: New Product Developments/Expansions
13.16 Zhejiang Founder Motor Co. Ltd.
Figure 77 Zhejiang Founder Motor Co. Ltd.: Company Snapshot
Table 145 Zhejiang Founder Motor Co. Ltd.: Products Offered
Table 146 Zhejiang Founder Motor Co. Ltd.: Expansions
Table 147 Zhejiang Founder Motor Co. Ltd.: Mergers
13.17 Zhongshan Broad-Ocean Motor Co. Ltd.
Figure 78 Zhongshan Broad-Ocean Motor Co. Ltd.: Company Snapshot
Table 148 Zhongshan Broad-Ocean Motor Co. Ltd.: Products Offered
Table 149 Zhongshan Broad-Ocean Motor Co. Ltd.: Expansions
Table 150 Zhongshan Broad-Ocean Motor Co. Ltd.: Agreements/Joint Ventures
13.18 Shenzhen Inovance Technology Co. Ltd.
Figure 79 Shenzhen Inovance Technology Co. Ltd.: Company Snapshot
Table 151 Shenzhen Inovance Technology Co. Ltd.: Products Offered
Table 152 Shenzhen Inovance Technology Co. Ltd.: Agreements
13.19 Shenzhen Megmeet Electric Co. Ltd.
Figure 80 Shenzhen Megmeet Electric Co. Ltd.: Company Snapshot
Table 153 Shenzhen Megmeet Electric Co. Ltd.: Products Offered
Table 154 Shenzhen Megmeet Electric Co. Ltd.: Expansions
*Details on Business Overview, Products Offered, Recent Developments & Analyst's View Might Not be Captured in Case of Unlisted Companies
13.20 Other Players
13.20.1 Asia-Pacific
13.20.1.1 Jing-Jin Electric
13.20.1.2 Shanghai Edrive Co. Ltd.
13.20.1.3 United Automotive Electronics Co. Ltd. (UAES)
13.20.1.4 Zhuhai Enpower Electric Co. Ltd.
13.20.1.5 Shuanglin Group
13.20.1.6 Zhuzhou CRRC Times Electric Co. Ltd.

14 Analyst's Recommendations
14.1 Traction Motor Advancements in Electric Vehicles and Powerful Motor Technologies
14.2 Asia-Pacific to Drive Automotive Traction Motor Market
14.3 Conclusion

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: The Subscription Portal
15.3 Available Customizations

Note: Product cover images may vary from those shown
  • Borgwarner Inc.
  • BYD Co. Ltd.
  • Continental AG
  • Denso Corporation
  • Eaton Corporation plc
  • Jing-Jin Electric
  • Johnson Electric Holdings Limited
  • Magna International
  • Mahle Group
  • Mitsuba Corporation
  • Nidec Corporation
  • Robert Bosch GmbH
  • Schaeffler Group
  • Shanghai Edrive Co. Ltd.
  • Shenzhen Inovance Technology Co. Ltd.
  • Shenzhen Megmeet Electric Co. Ltd.
  • Shuanglin Group
  • Tesla Inc.
  • United Automotive Electronics Co. Ltd. (UAES)
  • Valeo S.A.
  • ZF Friedrichshafen AG
  • Zhejiang Founder Motor Co. Ltd.
  • Zhongshan Broad-Ocean Motor Co. Ltd.
  • Zhuhai Enpower Electric Co. Ltd.
  • Zhuzhou CRRC Times Electric Co. Ltd.
Note: Product cover images may vary from those shown

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