Amorphous Drive Motor Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

Amorphous Drive Motor Market Size

The global market for Amorphous Drive Motor was valued at US$ 510 million in the year 2023 and is projected to reach a revised size of US$ 7295 million by 2030, growing at a CAGR of 47.0% during the forecast period.

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The amorphous drive motor is based on an amorphous alloy material core to replace the traditional silicon steel core. It has the advantages of low loss, high saturation magnetic induction intensity and good thermal stability. It has obvious advantages in miniaturization and lightweight.

North American market for Amorphous Drive Motor is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Amorphous Drive Motor is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

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The major global manufacturers of Amorphous Drive Motor include BYD, NIO, Chang'an, GAC, Bomaili Metal (Hitachi Metals), Yunlu Shares, Antai Technology, Yangdian Technology, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

By Type
• Amorphous Strip Motor
• Amorphous Iron Core Motor

By Application
• Vehicle
• Drone
• CNC Machine Tools
• Robot
• Home Appliances

Key Companies
BYD, NIO, Chang'an, GAC, Bomaili Metal (Hitachi Metals), Yunlu Shares, Antai Technology, Yangdian Technology

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This release was published on openPR.