Global Axial Flux Electric Motor Market Growth 2024-2030

Global Axial Flux Electric Motor Market Growth 2024-2030

An axial flux motor (also known as an axial gap motor, or pancake motor) is a geometry of electric motor construction where the gap between the rotor and stator, and therefore the direction of magnetic flux between the two, is aligned parallel with the axis of rotation, rather than radially as with the concentric cylindrical geometry of the more common radial flux motor.

The global Axial Flux Electric Motor market size is projected to grow from US$ 519 million in 2024 to US$ 15560 million in 2030; it is expected to grow at a CAGR of 76.2% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Axial Flux Electric Motor Industry Forecast” looks at past sales and reviews total world Axial Flux Electric Motor sales in 2023, providing a comprehensive analysis by region and market sector of projected Axial Flux Electric Motor sales for 2024 through 2030. With Axial Flux Electric Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Axial Flux Electric Motor industry.

This Insight Report provides a comprehensive analysis of the global Axial Flux Electric Motor 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 Axial Flux Electric Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Axial Flux Electric Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Axial Flux Electric Motor 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 Axial Flux Electric Motor.

Global key players of Axial Flux Electric Motor include YASA, PanGood, Naxatra Labs, etc. The top three players hold a share over 84%. Europe is the largest market, and has a share about 48%, followed by Asia-Pacific and North America with share 32% and 15%, separately. In terms of product type, Dual-rotor Single-stator Type is the largest segment, occupied for a share of 66%. In terms of application, Electric Supercars has a share about 53 percent.

This report presents a comprehensive overview, market shares, and growth opportunities of Axial Flux Electric Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Dual-rotor Single-stator Type
Single-rotor Dual-stator Type

Segmentation by Application:
Electric Buses
Electric Trucks
Electric Supercars
Other

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.
Turntide Technologies
YASA
Magnax
EMRAX
Phi-Power
Saietta
Beyond Motors
Evolito
Naxatra Labs
Miba
Hangzhou Zhonghao Electric Science and Technology
PanGood
INN-MAG New Energy Technology
MAGELEC Propulsion

Key Questions Addressed in this Report

What is the 10-year outlook for the global Axial Flux Electric Motor market?

What factors are driving Axial Flux Electric Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Axial Flux Electric Motor market opportunities vary by end market size?

How does Axial Flux Electric Motor break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.