Automotive Traction Motor Market 2021-2027 Trends, Research Report, Growth Trends, Opportunities, Forecast to 2027

The global automotive traction motor market is expected to grow at a CAGR of 33%, from USD 4.1 billion in 2021 to USD 17.3 billion in 2027, and the growing population in the region has significantly increased the demand for transportation connections. The strong emphasis on reducing carbon emissions and all-out efforts by governments of several countries in the region has put tremendous focus on electric vehicle manufacturing in the region.

Automotive Traction Motor Market- Segmentation

Based on the Vehicle Type:

• Passenger cars
• Commercial vehicles

Based on the EV Type:

• BEV
• HEV
• PHEV

Based on the Type:

• AC
• DC

Based on the Motor Type:

• PMSM
• DC Brushless
• AC induction

Based on the Power Output:

• Less than 200 kW
• 200-400 kW
• Above 400 kW

Key Companies

The global automotive traction motor market is dominated by major players BorgWarner Inc. (US), Schaeffler Group (Germany), Nidec Corporation (Japan), Robert Bosch GmbH (Germany), and ZF Friedrichshafen AG (Germany).The key strategies adopted by these companies to sustain their market position are new product developments,merges & acquistions, supply contracts, partnerships, expanisons, collaborations, acquisitions, and contracts & agreements.

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Key Questions Answered by Automotive Traction Motor Market Report

• What was the Automotive Traction Motor Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Automotive Traction Motor Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Automotive Traction Motor Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.