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Flatwire & HAIR-PIN Motor Market : Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Flatwire & HAIR-PIN Motor Market Outlook 2028The global Flatwire & HAIR-PIN Motor market size is estimated to be worth US$ 246.8 million in 2022 and is forecast to a readjusted size of US$ 1070.4 million by 2028 with a Compound Annual Growth Rate (CAGR) of 27.7% during the review period.
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Flatwire & HAIR-PIN Motor Market Trends
While hairpin motors employ flat, rectangular wires, conventional motors use round wires. In the market for new energy vehicles, drive systems with a lot of volumes, a lot of weight, and little power are not very common. Because there are gaps between round wires and flat wires are more compact, using flat wires can significantly enhance the slot's full rate, which refers to the percentage of space occupied by the coil after being inserted in the slot. In general, the more wires in the coil, the stronger the magnetic field produced, and the more power the motor has, the higher the slot's full rate. According to the data, a flat wire motor can occupy 20-30% of the wire in the same area, which can be interpreted as a 20-30% increase in motor power. The volume of the hairpin motor will be less with the same power density. The flat wire arrangement also has significant benefits over conventional motors. This factor is expected to drive the growth of the Flatwire & HAIR-PIN Motor market.
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Flatwire & HAIR-PIN Motor Market by Type
• Hairpin Winding
• Rectangular Winding
• Distributed Winding
• Concentrated Winding
• Wave Winding
Flatwire & HAIR-PIN Motor Market by Application
• Battery Electric Vehicle
• Hybrid Electric Vehicle
Major Players in the Flatware & HAIR-PIN Motor Market
• Huayu Automotive Systems
• BorgWarner
• Denso
• Hitachi
• HYCET Technology
• Tianjin Santroll Electric Technology
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