Global Automotive Electric Motors for EV Market Growth 2025-2031
The global Automotive Electric Motors for EV market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.
Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.
LP Information, Inc. (LPI) ' newest research report, the “Automotive Electric Motors for EV Industry Forecast” looks at past sales and reviews total world Automotive Electric Motors for EV sales in 2024, providing a comprehensive analysis by region and market sector of projected Automotive Electric Motors for EV sales for 2025 through 2031. With Automotive Electric Motors for EV sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Electric Motors for EV industry.
This Insight Report provides a comprehensive analysis of the global Automotive Electric Motors for EV landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Electric Motors for EV portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Automotive Electric Motors for EV market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Electric Motors for EV and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Electric Motors for EV.
This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Electric Motors for EV market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Permanent Magnet Synchronous Motor
Asynchronous Motor
Segmentation by Application:
Battery Electric Vehicle (BEV)
Plug-In-Hybrid Vehicle (PHEV)
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Tesla
Volkswagen
BYD
ZF
Bosch
HUAYU Automotive Systems Co. Ltd. (HASCO)
Broad-Ocean Motor
Mitsubishi Motors
XPT
Nidec
Zhejiang Founder
Magna
JJE
Hitachi
Shuanglin
Chery New Energy
JEE
Greatland Electrics
UAES
Hepu Power Co. , Ltd.
Zhuhai Enpower
Key Questions Addressed in this Report
What is the 10-year outlook for the global Automotive Electric Motors for EV market?
What factors are driving Automotive Electric Motors for EV market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Automotive Electric Motors for EV market opportunities vary by end market size?
How does Automotive Electric Motors for EV break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.