Electric Motors for IC Engine Vehicles Market - Global Forecast 2025-2032

As the global automotive sector transitions toward electrification, electric motors for IC engine vehicles increasingly shape operational strategies and business models. Senior automotive leaders require precise insights and up-to-date market intelligence to navigate complex regulatory, manufacturing, and supply chain environments while sustaining competitive advantage.

Market Snapshot: Electric Motors for IC Engine Vehicles

The electric motors for IC engine vehicles market is demonstrating robust growth, reaching USD 723.82 billion in 2024. Industry projections note continued expansion, with an expected value of USD 756.92 billion in 2025 and USD 1.03 trillion by 2032. Elevated demand stems from widespread adoption of manufacturing electrification, the evolution of operational frameworks, and expanded regulatory requirements. Innovation in advanced materials and the integration of next-generation electric motor technologies are propelling market activity, while competition intensifies as leading suppliers pursue technological refinement and strategic partnerships to capitalize on shifting international opportunities.

Scope & Segmentation: Electric Motors for IC Engine Vehicles Market

• Motor Types: AC motors (including both induction and synchronous varieties), brushed DC motors, and brushless DC motors are selected for integration flexibility and adaptability to varying vehicle configurations.
• Vehicle Categories: Commercial vehicles, passenger cars, and two-wheelers each leverage specific electric motor solutions. Longevity is prioritized for commercial fleets, while passenger and two-wheeler segments require efficient, compact motor designs.
• Power Rating: High, medium, and low voltage motors enable manufacturers to address diverse regulatory and performance benchmarks that define each application.
• Cooling Methods: Air and liquid-based cooling strategies promote system longevity, optimizing motor reliability across varying operational loads and environmental demands.
• Sales Channels: Direct relationships with original equipment manufacturers (OEMs) and robust aftermarket distribution frameworks address the complete lifecycle, from component installation to ongoing maintenance and product updates.
• Geographical Regions: Americas focus on secure local sourcing and production agility; EMEA emphasizes compliance with evolving regulations and uptake of advanced motor technologies; Asia-Pacific continues to benefit from manufacturing scale and rapid innovation deployment.
• Key Companies: Key players include Robert Bosch GmbH, Continental AG, Denso Corporation, Valeo SA, BorgWarner Inc., Hitachi Astemo, Mitsubishi Electric Corporation, Nidec Corporation, Johnson Electric Holdings Limited, and GKN Automotive Limited, all contributing technology expertise and supply strength.

Key Takeaways for Automotive Executives

• Electric motor integration within established IC engine platforms supports modular vehicle architectures, facilitating streamlined updates and reduced downtime for redesign.
• Adoption of digital control technologies in electric motors unlocks product customization, aligning vehicle performance profiles with emerging consumer and fleet applications.
• Customized and regionally adaptive supply chains help organizations effectively manage disruptions from regulatory changes, tariffs, and unpredictable market shifts.
• Strategic segmentation for commercial, passenger, and two-wheeler markets enables manufacturers to address unique regulatory, usage, and business model requirements.
• Partnerships among OEMs, tier suppliers, and technology firms increase organizational agility, supporting faster time-to-market and informed adaptation to evolving regulatory priorities.

Tariff Impact on Supply Chain & Competitive Dynamics

Recent introduction of U.S. tariffs on imported electric motor components is resulting in a strategic pivot towards domestic manufacturing and greater vertical integration. This response enhances supply chain reliability, strengthens quality assurance processes, and limits disruptions from future regulatory shifts, contributing to stable operations and dependable product availability.

Methodology & Data Sources

This report leverages focused secondary research and in-depth industry reports, with findings validated through interviews with automotive executives. Proprietary datasets and verified company disclosures ensure the analysis reflects actual market dynamics and strategic priorities.

Why This Report Matters

• Empowers executive teams to anticipate and address regulatory and technological developments in the electric motors for IC engine vehicles industry.
• Delivers strategic guidance on market segmentation, supply chain adaptation, and technology integration for practical resource allocation and long-term operational planning.
• Prepares leadership to confidently address emerging opportunities and mitigate risks tied to evolving compliance, manufacturing, and market demands.

Conclusion

With comprehensive, data-backed analysis, this report supports informed, agile decision-making as senior automotive leaders navigate ongoing powertrain transformation. Actionable recommendations position organizations to identify future growth and adapt confidently to industry change.

Additional Product Information:

• Purchase of this report includes 1 year online access with quarterly updates.
• This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.