Global Automotive Traction Motor Core Sales Market Report 2022

Global Automotive Traction Motor Core Sales Market Report 2022

Market Analysis and Insights: Global Automotive Traction Motor Core Market
The global automotive traction motor core market size was US$ 1,943.08 million in 2021 and is forecast to a readjusted size of US$ 10,554.53 million by 2028 with a CAGR of 27.39% during the forecast period 2022-2028.
Fully considering the economic change by this health crisis, Permanent Magnet Motor Cores accounting for 71.67% of the Automotive Traction Motor Core global market in 2021, is projected to value US$ 8,621.58 million by 2028, growing at a revised 29.95% CAGR from 2022 to 2028. While HEV segment is altered to an 13.96% CAGR throughout this forecast period.
The North America Automotive Traction Motor Core market size was US$ 192.06 million in 2021, while China was US$ 507.70 million. The proportion of the North America was 9.88% in 2021, while Chinese percentage was 26.13%, and it is predicted that China share will reach 31.72% in 2028, trailing a CAGR of 30.59% through the analysis period.
The global key manufacturers of Automotive Traction Motor Core include Mitsui High-tec, POSCO, EUROTRANCIATURA, Tempel Steel Co, Hidria, JFE Shoji, Yutake Giken, Tongda Power Technology, and Shiri Electromechanical Technology, etc. In 2021, the global top five players occupied for a share approximately 64.37% in terms of revenue.
Global Automotive Traction Motor Core Scope and Market Size
The global Automotive Traction Motor Core market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Automotive Traction Motor Core market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

By Company
Mitsui High-tec
POSCO
EUROTRANCIATURA
Tempel Steel Co
Hidria
JFE Shoji
Yutake Giken
Tongda Power Technology
Shiri Electromechanical Technology
Toyota Boshoku Corporation
Suzhou Fine-stamping
Wuxi Longsheng Technology
Kuroda Precision

Segment by Type
Permanent Magnet Motor Cores
AC Induction Motor Cores

Segment by Application
HEV
EV

By Region
North America
Europe
China
Japan
South Korea
Other Regions