Automotive Axial Flux Motor Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

Automotive Axial Flux Motor Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2017-2027

The global automotive axial flux motor market is anticipated to witness a growth of robust CAGR in the forecast period, 2023-2027. Rise in adoption of axial flux motors in various industries and electric vehicles, increase in production and sales of electric vehicles, and growing advancements in motor technology are the primary factors driving the growth of the global automotive axial flux motor market in the forecast period.

Increased Sales and Production of Electric Vehicle

The rise in awareness about the effect of greenhouse emissions on the environment, such as rapid climatic change and elevated temperature, is driving the adoption of green energy. The electric vehicle is a zero-emission vehicle and does not harm the environment as it runs on electricity rather than fossil fuels which produce harmful pollutants as a by-product. Therefore, growing environmental awareness among consumers is driving the sales and production of electric vehicles. In 2021 around 5.6 million units of EVs were sold across the world. The electric vehicle market is at a nascent stage, but in the coming years, it is expected to massive demand from worldwide, which is expected to boost the global automotive Axial flux motor market growth. Automotive Axial flux is a necessary part of the transmission assembly and is used in electric vehicles as it provides better control to the driver. Automotive Axial flux motor can be used in all types of electric vehicles, including two-wheeler, passenger car, light commercial vehicle (LCV), and medium & heavy commercial vehicle (M&HCV).

Advancements in Technology Boosts the Market Demand

Market players are making high-end investments to upgrade the existing infrastructure and find innovative solutions to reduce the motor size and increase the performance and efficiency of the Axial flux motor to stay ahead in the market. Electric vehicle manufacturers are introducing variants of electric vehicles differing in color, battery capacity, fuel mileage, and seating capacity to attract more customers and boost their sales. The United States witnessed huge sales of electric vehicles as a consumer are highly aware of the growing pollution levels, use of advanced technology in the manufacturing process, and presence of major market players are expected to bolster the market growth in the forecast period. The development of supportive infrastructure to promote the adoption of electric vehicles among consumers and an increase in collaborations and partnerships among the electric vehicle manufacturers and technology-based companies is expected to create lucrative opportunities for the global automotive Axial flux motor market in the forecast period. Such as, Renault has partnered with WHYLOT to use Axial flux motors in their hybrid model starting from 2025.

Rise In Demand for High Performance Motor

Axial flux motors are compact and have a high-performance density, making them suitable for use by various industries in industrial machines and electrical devices, compressors, pumps, and industrial robots, among others. Axial flux motor uses a high amount of power density and torque compared to the other motors by using the same amount of current. This motor runs for a long time, which makes the Axial flux motor cost-effective. With growing advancements in technology and the introduction of novel Axial flux motor by the market players having superior characteristics is expected to accelerate the demand for the global automotive Axial flux motor market.

Market Segmentation

The global automotive Axial flux motor market is segmented based on vehicle type, propulsion, demand category, regional distribution, and company. Based on the vehicle type, the global automotive Axial flux motor market is divided into Two-Wheeler, passenger car, light commercial vehicle (LCV), medium & heavy commercial vehicle (M&HCV). Based on propulsion, the global automotive Axial flux motor market is divided into BEV, HEV, and PHEV. Based on the demand category, the global automotive Axial flux motor market is divided into OEM and aftermarket. To analyze the market based on the region, the global automotive Axial flux motor market is studied in major regions namely North America, Asia-pacific, Europe & CIS, South America, Middle East and Africa.

Market Players

AVID Technology Limited, Magnax BV, YASA Limited, Traxial BV, Nidec Corporation, Saietta Group, are among the major market players in the global platform that lead the market growth of the global automotive Axial flux motor market.

Report Scope:

In this report, global automotive Axial flux motor market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Automotive Axial Flux Motor Market, By Vehicle Type:
  • Two-Wheeler
  • Passenger Car
  • Light Commercial Vehicle (LCV)
  • Medium & Heavy Commercial Vehicle (M&HCV)
  • Automotive Axial Flux Motor Market, By Propulsion:
  • BEV
  • HEV
  • PHEV
  • Automotive Axial Flux Motor Market, By Demand Category:
  • OEM
  • Aftermarket
  • Automotive Axial Flux Motor Market, By Region:
  • North America
  • United States
  • Canada
  • Mexico
  • Asia-Pacific
  • China
  • India
  • Japan
  • Malaysia
  • Thailand
  • Indonesia
  • Vietnam
  • South Korea
  • Europe & CIS
  • Germany
  • France
  • United Kingdom
  • Spain
  • Italy
  • Belgium
  • Russia
  • South America
  • Brazil
  • Argentina
  • Colombia
  • Middle East & Africa
  • South Africa
  • Iran
  • Turkey
  • Egypt
Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global automotive Axial flux motor market.

Company Information
  • Detailed analysis and profiling of additional market players (up to five).
Please Note: Report will be updated with the latest data and delivered to you within 3-5 working days of order. Single User license will be delivered in PDF format without printing rights


1. Product Overview
2. Research Methodology
3. Executive Summary
4. Impact of COVID-19 on Global Automotive Axial Flux Motor Market
5. Voice of Customer
5.1. Factors Influencing Purchase Decision
5.2. Aided Brand Recall and Unaided Brand Recall
5.3. Brand Satisfaction Level
6. Global Automotive Axial Flux Motor Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value and Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Two-Wheeler, Passenger Car, Light Commercial Vehicle (LCV), Medium & Heavy Commercial Vehicle (M&HCV)
6.2.2. By Propulsion (BEV, HEV, PHEV)
6.2.3. By Demand Category (OEM, Aftermarket)
6.2.4. By Region (North America; Europe; Asia Pacific; South America and Middle East & Africa)
6.2.5. By Company (2020)
6.3. Product Market Map (By Propulsion, By Region)
7. North America Automotive Axial Flux Motor Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value and Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Propulsion
7.2.3. By Demand Category
7.2.4. By Country (United States; Canada; Mexico)
7.3. Product Market Map (By Propulsion, By Country)
7.4. North America: Country Analysis
7.4.1. United States Automotive Axial Flux Motor Market Outlook
7.4.1.1. Market Size & Forecast
7.4.1.1.1. By Value and Volume
7.4.1.2. Market Share & Forecast
7.4.1.2.1. By Vehicle Type
7.4.1.2.2. By Propulsion
7.4.1.2.3. By Demand Category
7.4.2. Canada Automotive Axial Flux Motor Market Outlook
7.4.2.1. Market Size & Forecast
7.4.2.1.1. By Value and Volume
7.4.2.2. Market Share & Forecast
7.4.2.2.1. By Vehicle Type
7.4.2.2.2. By Propulsion
7.4.2.2.3. By Demand Category
7.4.3. Mexico Automotive Axial Flux Motor Market Outlook
7.4.3.1. Market Size & Forecast
7.4.3.1.1. By Value and Volume
7.4.3.2. Market Share & Forecast
7.4.3.2.1. By Vehicle Type
7.4.3.2.2. By Propulsion
7.4.3.2.3. By Demand Category
8. Asia Pacific Automotive Axial Flux Motor Market Outlook
8.1. Market Size & Forecast
8.1.1. By Value and Volume
8.2. Market Share & Forecast
8.2.1. By Vehicle Type
8.2.2. By Propulsion
8.2.3. By Demand Category
8.2.4. By Country (China, India, Japan, Malaysia, Thailand, Indonesia, Vietnam, South Korea)
8.3. Product Market Map (By Propulsion, By Country)
8.4. Asia Pacific: Country Analysis
8.4.1. China Automotive Axial Flux Motor Market Outlook
8.4.1.1. Market Size & Forecast
8.4.1.1.1. By Value and Volume
8.4.1.2. Market Share & Forecast
8.4.1.2.1. By Vehicle Type
8.4.1.2.2. By Propulsion
8.4.1.2.3. By Demand Category
8.4.2. India Automotive Axial Flux Motor Market Outlook
8.4.2.1. Market Size & Forecast
8.4.2.1.1. By Value and Volume
8.4.2.2. Market Share & Forecast
8.4.2.2.1. By Vehicle Type
8.4.2.2.2. By Propulsion
8.4.2.2.3. By Demand Category
8.4.3. Japan Automotive Axial Flux Motor Market Outlook
8.4.3.1. Market Size & Forecast
8.4.3.1.1. By Value and Volume
8.4.3.2. Market Share & Forecast
8.4.3.2.1. By Vehicle Type
8.4.3.2.2. By Propulsion
8.4.3.2.3. By Demand Category
8.4.4. Malaysia Automotive Axial Flux Motor Market Outlook
8.4.4.1. Market Size & Forecast
8.4.4.1.1. By Value and Volume
8.4.4.2. Market Share & Forecast
8.4.4.2.1. By Vehicle Type
8.4.4.2.2. By Propulsion
8.4.4.2.3. By Demand Category
8.4.5. Thailand Automotive Axial Flux Motor Market Outlook
8.4.5.1. Market Size & Forecast
8.4.5.1.1. By Value and Volume
8.4.5.2. Market Share & Forecast
8.4.5.2.1. By Vehicle Type
8.4.5.2.2. By Propulsion
8.4.5.2.3. By Demand Category
8.4.6. Indonesia Automotive Axial Flux Motor Market Outlook
8.4.6.1. Market Size & Forecast
8.4.6.1.1. By Value and Volume
8.4.6.2. Market Share & Forecast
8.4.6.2.1. By Vehicle Type
8.4.6.2.2. By Propulsion
8.4.6.2.3. By Demand Category
8.4.7. Vietnam Automotive Axial Flux Motor Market Outlook
8.4.7.1. Market Size & Forecast
8.4.7.1.1. By Value and Volume
8.4.7.2. Market Share & Forecast
8.4.7.2.1. By Vehicle Type
8.4.7.2.2. By Propulsion
8.4.7.2.3. By Demand Category
8.4.8. South Korea Automotive Axial Flux Motor Market Outlook
8.4.8.1. Market Size & Forecast
8.4.8.1.1. By Value and Volume
8.4.8.2. Market Share & Forecast
8.4.8.2.1. By Vehicle Type
8.4.8.2.2. By Propulsion
8.4.8.2.3. By Demand Category
9. Europe & CIS Automotive Axial Flux Motor Market Outlook
9.1. Market Size & Forecast
9.1.1. By Value and Volume
9.2. Market Share & Forecast
9.2.1. By Vehicle Type
9.2.2. By Propulsion
9.2.3. By Demand Category
9.2.4. By Country (Germany, France, United Kingdom, Spain, Italy, Belgium, Russia)
9.3. Product Market Map (By Propulsion, By Country)
9.4. Europe & CIS: Country Analysis
9.4.1. Germany Automotive Axial Flux Motor Market Outlook
9.4.1.1. Market Size & Forecast
9.4.1.1.1. By Value and Volume
9.4.1.2. Market Share & Forecast
9.4.1.2.1. By Vehicle Type
9.4.1.2.2. By Propulsion
9.4.1.2.3. By Demand Category
9.4.2. France Automotive Axial Flux Motor Market Outlook
9.4.2.1. Market Size & Forecast
9.4.2.1.1. By Value and Volume
9.4.2.2. Market Share & Forecast
9.4.2.2.1. By Vehicle Type
9.4.2.2.2. By Propulsion
9.4.2.2.3. By Demand Category
9.4.3. United Kingdom Automotive Axial Flux Motor Market Outlook
9.4.3.1. Market Size & Forecast
9.4.3.1.1. By Value and Volume
9.4.3.2. Market Share & Forecast
9.4.3.2.1. By Vehicle Type
9.4.3.2.2. By Propulsion
9.4.3.2.3. By Demand Category
9.4.4. Spain Automotive Axial Flux Motor Market Outlook
9.4.4.1. Market Size & Forecast
9.4.4.1.1. By Value and Volume
9.4.4.2. Market Share & Forecast
9.4.4.2.1. By Vehicle Type
9.4.4.2.2. By Propulsion
9.4.4.2.3. By Demand Category
9.4.5. Italy Automotive Axial Flux Motor Market Outlook
9.4.5.1. Market Size & Forecast
9.4.5.1.1. By Value and Volume
9.4.5.2. Market Share & Forecast
9.4.5.2.1. By Vehicle Type
9.4.5.2.2. By Propulsion
9.4.5.2.3. By Demand Category
9.4.6. Belgium Automotive Axial Flux Motor Market Outlook
9.4.6.1. Market Size & Forecast
9.4.6.1.1. By Value and Volume
9.4.6.2. Market Share & Forecast
9.4.6.2.1. By Vehicle Type
9.4.6.2.2. By Propulsion
9.4.6.2.3. By Demand Category
9.4.7. Russia Automotive Axial Flux Motor Market Outlook
9.4.7.1. Market Size & Forecast
9.4.7.1.1. By Value and Volume
9.4.7.2. Market Share & Forecast
9.4.7.2.1. By Vehicle Type
9.4.7.2.2. By Propulsion
9.4.7.2.3. By Demand Category
10. South America Automotive Axial Flux Motor Market Outlook
10.1. Market Size & Forecast
10.1.1. By Value and Volume
10.2. Market Share & Forecast
10.2.1. By Vehicle Type
10.2.2. By Propulsion
10.2.3. By Demand Category
10.2.4. By Country (Brazil, Argentina, Colombia)
10.3. Product Market Map (By Propulsion, By Country)
10.4. South America: Country Analysis
10.4.1. Brazil Automotive Axial Flux Motor Market Outlook
10.4.1.1. Market Size & Forecast
10.4.1.1.1. By Value and Volume
10.4.1.2. Market Share & Forecast
10.4.1.2.1. By Vehicle Type
10.4.1.2.2. By Propulsion
10.4.1.2.3. By Demand Category
10.4.2. Argentina Automotive Axial Flux Motor Market Outlook
10.4.2.1. Market Size & Forecast
10.4.2.1.1. By Value and Volume
10.4.2.2. Market Share & Forecast
10.4.2.2.1. By Vehicle Type
10.4.2.2.2. By Propulsion
10.4.2.2.3. By Demand Category
10.4.3. Colombia Automotive Axial Flux Motor Market Outlook
10.4.3.1. Market Size & Forecast
10.4.3.1.1. By Value and Volume
10.4.3.2. Market Share & Forecast
10.4.3.2.1. By Vehicle Type
10.4.3.2.2. By Propulsion
10.4.3.2.3. By Demand Category
11. Middle East and Africa Automotive Axial Flux Motor Market Outlook
11.1. Market Size & Forecast
11.1.1. By Value and Volume
11.2. Market Share & Forecast
11.2.1. By Vehicle Type
11.2.2. By Propulsion
11.2.3. By Demand Category
11.2.4. By Country (South Africa, Iran, Turkey, Egypt)
11.3. Product Market Map (By Propulsion, By Country)
11.4. Middle East and Africa: Country Analysis
11.4.1. South Africa Automotive Axial Flux Motor Market Outlook
11.4.1.1. Market Size & Forecast
11.4.1.1.1. By Value and Volume
11.4.1.2. Market Share & Forecast
11.4.1.2.1. By Vehicle Type
11.4.1.2.2. By Propulsion
11.4.1.2.3. By Demand Category
11.4.2. Iran Automotive Axial Flux Motor Market Outlook
11.4.2.1. Market Size & Forecast
11.4.2.1.1. By Value and Volume
11.4.2.2. Market Share & Forecast
11.4.2.2.1. By Vehicle Type
11.4.2.2.2. By Propulsion
11.4.2.2.3. By Demand Category
11.4.3. Turkey Automotive Axial Flux Motor Market Outlook
11.4.3.1. Market Size & Forecast
11.4.3.1.1. By Value and Volume
11.4.3.2. Market Share & Forecast
11.4.3.2.1. By Vehicle Type
11.4.3.2.2. By Propulsion
11.4.3.2.3. By Demand Category
11.4.4. Egypt Automotive Axial Flux Motor Market Outlook
11.4.4.1. Market Size & Forecast
11.4.4.1.1. By Value and Volume
11.4.4.2. Market Share & Forecast
11.4.4.2.1. By Vehicle Type
11.4.4.2.2. By Propulsion
11.4.4.2.3. By Demand Category
12. Market Dynamics
12.1. Drivers
12.2. Challenges
13. Market Trends and Developments
14. Competitive Landscape
14.1. Company Profiles (Partial List of Leading Companies)
14.1.1. AVID Technology Limited
14.1.2. Magnax BV
14.1.3. YASA Limited
14.1.4. Traxial BV
14.1.5. Nidec Corporation
14.1.6. Saietta Group
15. Strategic Recommendations
16. About Us & Disclaimer

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