Global Axial Flux Electric Motor Market Growth 2025-2031

The global Axial Flux Electric Motor market size is predicted to grow from US$ 519 million in 2025 to US$ 15560 million in 2031; it is expected to grow at a CAGR of 76.2% from 2025 to 2031.

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.

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.

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 2024, providing a comprehensive analysis by region and market sector of projected Axial Flux Electric Motor sales for 2025 through 2031. 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.

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.