Automotive Drive Motor Core Research:CAGR of 12.7% during the forecast period

QY Research Inc. (Global Market Report Research Publisher) announces the release of 2024 latest report "Automotive Drive Motor Core- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030". Based on current situation and impact historical analysis (2019-2023) and forecast calculations (2024-2030), this report provides a comprehensive analysis of the global Wire Drawing Dies market, including market size, share, demand, industry development status, and forecasts for the next few years.



The global market for Automotive Drive Motor Core was estimated to be worth US$ 3,310.4 million in 2023 and is forecast to a readjusted size of US$ 8,216.1 million by 2030 with a CAGR of 13.50% during the forecast period 2024-2030.



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https://www.qyresearch.com/reports/2661311/automotive-drive-motor-core





Automotive Drive Motor Core Market Summary

The drive motor in electric vehicle is responsible for converting the electric energy to mechanical energy which is used in propulsion of vehicle in a straight-line motion. Electric vehicle traction motor is used in electrical transmission system like electric hybrid vehicles and battery powered electric vehicles. Inside every electric motor is a stationary stator with a rotor spinning inside it. The stator is made of copper wire coils. When an electric current flows through these coils, a rotating magnetic field is created in the stator which causes the rotor to spin. The rotational movement is based on a simple physical principle: opposite poles in a magnet attract each other, whereas like poles repel. Consisting of a stator and a rotor, a motor core plays a pivotal role in generating electricity within a motor.



Governments around the world are offering subsidies, tax rebates, and incentives to promote the adoption of EVs, which directly boosts the demand for automotive drive motor cores. Emerging economies, particularly in Asia-Pacific and Latin America, are experiencing increased EV adoption. Governments in these regions are implementing policies and infrastructure improvements that support the growth of EVs, creating new opportunities for motor core manufacturers.

The expansion of EV models, including sedans, SUVs, trucks, and even commercial vehicles, is driving diverse demand for motor cores across different vehicle segments. As the EV market diversifies, there is growing demand for customized motor cores tailored to specific vehicle segments, such as luxury EVs, commercial vehicles, and even electric motorcycles. Offering specialized solutions for these segments can capture niche markets and increase revenue streams.

Continuous innovation in motor technology, including improvements in efficiency, power density, and performance, drives the demand for advanced drive motor cores. The use of advanced materials like silicon steel and amorphous metals improves the magnetic properties of motor cores, resulting in better energy efficiency and reduced energy losses.

According to the new market research report "Global Automotive Drive Motor Core Market Report 2024-2030", published by QYResearch, the global Automotive Drive Motor Core market size is projected to reach USD 8.22 billion by 2030, at a CAGR of 12.7% during the forecast period.



Global Automotive Drive Motor Core MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global Automotive Drive Motor Core Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.





Global Automotive Drive Motor Core Top14 Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Automotive Drive Motor Core Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.

According to QYResearch Top Players Research Center, the global key manufacturers of Automotive Drive Motor Core include Mitsui High-tec, EUROTRANCIATURA, POSCO, Suzhou Fine-stamping, Tempel Steel, Hidria, Yutaka Giken, Wuxi Longsheng Technology, R.Bourgeois, Toyota Boshoku Corporation, etc. In 2023, the global top five players had a share approximately 72.0% in terms of revenue.



Automotive Drive Motor Core,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Automotive Drive Motor Core Market Report 2024-2030.

In terms of product type, currently Permanent Magnet Motor Cores is the largest segment, hold a share of 88.9%.

In terms of product application, currently BEV is the largest segment, hold a share of 51.6%.



Opportunity:

The competition among vendors will increase during the forecast period. Vendors will compete to deliver competitive advantages in the market on the basis of pricing, user-friendly interfaces, value-added benefits, and service portfolios. During the forecast period, this competition to intensify with an increase in product extensions. There has been ongoing research and development in electric motor technology, leading to the production of more efficient and powerful motors. This includes advancements in materials, design, and manufacturing processes, resulting in lighter, more compact, and higher-performing motors.







The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.



The Automotive Drive Motor Core market is segmented as below:

By Company

Mitsui High-tec
EUROTRANCIATURA
POSCO
Suzhou Fine-stamping
Tempel Steel
Hidria
Yutaka Giken
Wuxi Longsheng Technology
R.Bourgeois
Toyota Boshoku Corporation
Tongda Power Technology
Feintool
Shiri Electromechanical Technology
JFE Shoji



Segment by Type

Permanent Magnet Motor Cores
AC Induction Motor Cores



Segment by Application

BEV
PHEV
HEV
FCEV



Each chapter of the report provides detailed information for readers to further understand the Automotive Drive Motor Core market:

Chapter 1: Introduces the report scope of the Automotive Drive Motor Core report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2019-2030)

Chapter 2: Detailed analysis of Automotive Drive Motor Core manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2019-2024)

Chapter 3: Provides the analysis of various Automotive Drive Motor Core market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2019-2030)

Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2019-2030)

Chapter 5: Sales, revenue of Automotive Drive Motor Core in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2019-2030)

Chapter 6: Sales, revenue of Automotive Drive Motor Core in country level. It provides sigmate data by Type, and by Application for each country/region.(2019-2030)

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2019-2024)

Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 9: Conclusion.



Benefits of purchasing QYResearch report:

Competitive Analysis: QYResearch provides in-depth Automotive Drive Motor Core competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.

Industry Analysis: QYResearch provides Automotive Drive Motor Core comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.

and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.

Market Size: QYResearch provides Automotive Drive Motor Core market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.



Other relevant reports of QYResearch:

Global and Japan Automotive Drive Motor Cores Market Report & Forecast 2024-2030
Automotive Drive Motor Cores- Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Automotive Drive Motor Cores Market Insights, Forecast to 2030
Global Automotive Drive Motor Cores Market Research Report 2024
Automotive Drive Motor Cores - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Automotive Drive Motor Cores - Global Market Insights and Sales Trends 2024
Global Automotive Drive Motor Cores Market Research Report 2023
Global Automotive Drive Motor Cores Market Insights, Forecast to 2029
Global Automotive Drive Motor Cores Industry Research Report, Growth Trends and Competitive Analysis 2023-2029
Global Automotive Drive Motor Cores Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application
Global and United States Automotive Drive Motor Cores Market Report & Forecast 2022-2028
United States Automotive Drive Motor Cores Market Report & Forecast 2021-2027

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