Press release
Electric Vehicle Motor Market Industry Growth, Size, Share, Analysis and Forecast 2025
The global electric vehicle motor market is anticipated to grow at a CAGR of more than 18% during the forecast period, 2019-2025. Rising electric vehicle (EV) market globally is one of the major factors driving the growth of the electric vehicle motor market. Government support for the EVs, development of charging infrastructure, continuous technological advancement of electric motor & battery, and increasing awareness among people are the major factors for the growth of the EV market globally.Get Sample Copy of Electric Vehicle Motor Market at: https://www.omrglobal.com/request-sample/electric-vehicle-motor-market
Key companies contributing to the market include ABB Ltd., Tesla Inc., Nidec Corp., BorgWarner Inc., Continental AG, Parker-Hannifin Corp., Robert Bosch GmbH, Siemens AG, Valeo SA, ZF TRW Automotive Holdings Corp. and so on.
The global electric vehicle motor market is segmented based on the basis of motor type, propulsion technology, and vehicle type. On the basis of motor type, the market is bifurcated into the AC motor and DC motor. By propulsion technology, the market is segmented into battery-electric vehicles and plug-in hybrid electric vehicles. Battery electric vehicles will have a major market share during the forecast period. By vehicle type, the market further analyzed into passenger cars, commercial vehicles, and others. The passenger vehicle segment will have a major market share during the forecast period.
A full report of Global Electric Vehicle Motor Market is available at: https://www.omrglobal.com/industry-reports/electric-vehicle-motor-market
Market Segmentation
Global Electric Vehicle Motor Market by Motor Type
o DC Motor
o AC Motor
Global Electric Vehicle Motor Market by Propulsion Technology
o Battery Electric Vehicle (BEV)
o Plug-in Hybrid Electric Vehicle (PHEV)
Global Electric Vehicle Motor Market by Vehicle Type
o Passenger Cars
o Commercial Vehicle
o Other (Two-Wheeler)
Geographically, the market is segmented into North America, Europe, Asia-Pacific and the Rest of the World. During the forecast period, Asia-Pacific is anticipated to be the largest market with a lucrative growth rate. China, Japan, and South Korea will contribute significantly to the market. Europe is also expected to showcase a significant growth in the market due to strict government norms related to vehicle pollution and stiff target to introduce EVs in the vehicle fleet.
The market players are considerably contributing to the market growth by adopting various growth strategies including new product launch, merger and acquisition, collaborations with government, and technological advancements to stay competitive in the market. For instance, Nidec Corp. announced to invest $1.8 billion to develop three new traction motor plants globally. The company will invest $910 million in China, $455 million in Poland and $455 in Mexico to produce 8.4 million traction motor each year combinedly.
For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/electric-vehicle-motor-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +1 646-755-7667, +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
For More Information, Visit https://www.omrglobal.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Vehicle Motor Market Industry Growth, Size, Share, Analysis and Forecast 2025 here
News-ID: 1983572 • Views: …
More Releases from Orion Market Research

Compliance Management Software Market Size Analysis, Competitive Insights, Leadi …
The Compliance Management Software Market was valued at approximately USD 2.1 billion in 2023 and is projected to reach around USD 6.9 billion by 2033, reflecting a CAGR of about 12.5% from 2024 to 2033.
Compliance Management Software Market Overview
The Compliance Management Software Market is undergoing significant expansion as businesses across industries strive to keep pace with increasingly complex regulations and evolving cybersecurity risks. Adoption is being driven by digital transformation…

Artificial Womb Facility Market - Industry Trends and Forecast to 2033
The Artificial Womb Facility Market was valued at approximately USD 311 million in 2023, and based on a projected CAGR of about 12.3% from 2024 to 2033, the market can be expected to reach around USD 996 million by 2033.
Artificial Womb Facility Market Overview
The Artificial Womb Facility Market, centered on technologies such as extrauterine support systems (ectogenesis chambers), is witnessing rapid expansion. This growth is largely propelled by increasing rates…

Fuel Storage Tank Market: Emerging Trends and Growth Forecast to 2033
The Fuel Storage Tank Market was valued at approximately USD 14.8 billion in 2023 and is projected to reach around USD 22 billion by 2033, growing at a compound annual growth rate (CAGR) of about 4.5% from 2024 to 2033.
Fuel Storage Tank Market Overview
The Fuel Storage Tank Market is experiencing steady growth, driven by rising global energy demand, expanding industrialization, and the need for reliable fuel storage infrastructure. Regulations around…

Electrical & Electronic Plastics Market Overview: Growth, Share, Value, Size, an …
The Electrical & Electronic Plastics Market was valued at approximately USD 37.72 billion in 2023 and is projected to reach around USD 46.12 billion by 2033, reflecting a CAGR of about 5.2% from 2024 to 2033.
Electrical & Electronic Plastics Market Overview
The Electrical & Electronic Plastics Market is experiencing steady growth, fueled by rising demand for lightweight, durable, and electrically insulating materials across industries such as consumer electronics, automotive, and power…
More Releases for Vehicle
Transformative Trends Impacting the Vehicle-to-Vehicle (V2V) Communication Marke …
Stay ahead with our updated market reports featuring the latest on tariffs, trade flows, and supply chain transformations.
How Large Will the Vehicle-to-Vehicle (V2V) Communication Market Size By 2025?
The size of the vehicle-to-vehicle (V2V) communication market has seen significant expansion in the most recent years. The market is projected to surge from $24.28 billion in 2024 to $27.1 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 11.6%. The…
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to the report published by Allied Market Research, the global electric vehicle motor market generated $5.5 billion in 2021, and is estimated to reach $34.4 billion by 2031, witnessing a CAGR of 20.3% from 2022 to 2031.
Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the growth of the Asia-Pacific market. Moreover, various technological…
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
According to a recent report published by Allied Market Research, titled,"Truck Platooning Market by Technology, Platooning Type, and Communication Technology: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,"the global truck platooning market size was valued at $500.9 million in 2017, and is projected to reach $4,590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025.
To Explore More, Download Sample Report: https://www.alliedmarketresearch.com/request-sample/5245
Global truck platooning market is segmented…
Electric Vehicle Motor Market : Battery Electric Vehicle, Plugin Hybrid Vehicle, …
According to a new report published by Allied Market Research, titled, "Electric Vehicle Motor Market," The global electric vehicle motor market was valued at $5.5 billion in 2021, and is projected to reach $34.4 billion by 2031, growing at a CAGR of 20.3% from 2022 to 2031.
Asia-Pacific is expected to dominate the global electric vehicle motor market. An increase in vehicle population and a rise in vehicle standards fuel the…
Electric Vehicle Power Inverter Market : Hybrid Vehicle, Plug in Hybrid Vehicle, …
The electric vehicle power inverter market was valued at $8.67 billion in 2021, and is estimated to reach $22.25 billion by 2031, growing at a CAGR of 10.4% from 2022 to 2031.
Download Sample Report at https://www.alliedmarketresearch.com/request-sample/9122
Factors that drive the growth of the electric vehicle power inverter market are increase in demand for electric vehicles, proactive government initiatives for the development of electric vehicle, and surge in demand for low-emission and…
Truck Platooning Market : Vehicle-to-infrastructure (V2I), Vehicle-to-vehicle (V …
The global truck platooning market size was valued at $500.9 million in 2017 and is projected to reach $4590.3 million by 2025, registering a CAGR of 32.4% from 2018 to 2025 by Technology (Adaptive Cruise Control (ACC), Blind Spot Warning (BSW), Global Positioning System (GPS), Forward Collision Warning (FCW), Lane Keep Assist (LKA), and Others), Platooning type (Driver-Assistive Tuck Platooning (DATP) and Autonomous Truck Platooning), and Communication Technology (Vehicle-to-infrastructure (V2I),…