EV Traction Motors Market Size, Regional Insights & Growth Opportunities 2025-2036 | Key Players - Robert Bosch GmbH, Nidec Corporation, ZF Friedrichshafen AG, Valeo

Research Nester's newly released report, "Global Electric Vehicle (EV) Traction Motors Market: Supply & Demand Analysis, Growth Forecasts & Statistics Report 2025-2036," presents a detailed evaluation of industry growth trends, technology shifts, and regional expansion. The report segments the EV traction motor market by type, vehicle type, and voltage, outlining the growing impact of electrification in transportation and the evolving demand for efficient, lightweight, and high-torque propulsion systems. It also highlights the role of policy mandates and OEM innovations in scaling EV motor adoption globally.

According to a recent study by Research Nester, the global electric vehicle traction motor market size is poised to reach USD 75.9 billion by 2036, expanding at a CAGR of 17.7% during the forecast period 2025-2036.

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Increasing Focus on Range, Efficiency, and Power Density to Drive EV Traction Motor Market Growth

The electric vehicle (EV) traction motors market is expanding at a considerable rate with the world's push toward cleaner mobility and the structural move away from fossil fuels. This tide is driven by increasing consumer awareness of global climate change, tightening emissions regulations, and a sudden spike in EV acceptance around the globe. Ongoing technology advancements such as greater motor torque density, reduced electromagnetic interference, and enhanced thermal management have significantly raised motor reliability and efficiency. Falling battery prices and strong government incentives, and zero-emission mandates further stimulate demand. Investments in infrastructure, particularly charging network expansion and public-private partnerships, lay the groundwork for market expansion. All these elements combined provide enough opportunity for new entrants as well as established players in the EV traction motors market.

Key Drivers and Challenges Impacting the EV Traction Motors Market

Growth Drivers:

• Rapid growth in global EV production and supportive government incentives

• Advancements in high-efficiency motor technologies and lightweight materials

• Rising demand for long-range EVs with improved torque performance

• Expansion of EV infrastructure supporting commercial and passenger segments

Challenges:

• High raw material costs, particularly for rare-earth magnets

• Complex motor control and thermal management requirements

• Dependence on semiconductor supply chains for motor controllers

• Integration challenges in multiphase and high-voltage drive architectures

Access our detailed report at: https://www.researchnester.com/reports/electric-vehicle-traction-motors-market/7981

The permanent magnet synchronous motors (PMSM) segment is predicted to dominate the EV traction motors market with an estimated 73.9% share during the forecast period. They are dominant because they possess high torque density, compact size, and high efficiency, all of which are critical to achieving maximum range and performance in EVs. PMSMs offer superior power output with minimum energy loss, thus making them very suitable for plug-in hybrid electric vehicles (PHEVs) and battery electric vehicles (BEVs). Segment growth is also spurred by continuous research and development of rare earth magnet technologies and the lightweight and efficient drivetrain trend. Zero-emission vehicle promotion policies by governments boost demand for these motors, further consolidating their market leadership. The intelligent motor diagnostic revolution and predictive maintenance also enhance the adoption of PMSM, opening new opportunities for the configuration and utilization of emerging mobility solutions.

Asia Pacific electric vehicle traction motors market, is also anticipated to hold a dominant 52% market share during the forecast period and be the largest regional market globally. Growth is fueled by aggressive policies against the government, deep-pocketed subsidies, and massive investments in charging infrastructure, most notably in China and India.

China is the world EV leader with over 8 million EVs sold in 2023, and further dominance is fueled by ambitious zero-emission targets and the 'New Energy Vehicle' mandate. The country is backed by a full value chain and rapid domestic production expansion, with significant investments made by firms like Nidec Corporation in brand-new plants. India's trajectory is also upward, supported by Production Linked Incentive (PLI) schemes and an added emphasis on domestic EV and component manufacturing. Global demand for electric vehicle traction motors is very competitive, with well-established multinationals coupled with vibrant local companies.

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The focus of competition revolves around technological innovation, lowering prices, efficiency gains, and robust supply chains in order to enable rapid scale-up in production to keep pace with growing demand. Major players of this segment include Robert Bosch GmbH, Nidec Corporation, ZF Friedrichshafen AG, Valeo, BorgWarner Inc., Parker-Hannifin Corp, Hitachi Astemo, Ltd., Jing-Jin Electric Technologies Co., Ltd., Shanghai Edrive Co., Ltd., Electrodrive Powertrain Solutions Pvt. Ltd., YASA Limited, Magna International Inc., Dana Limited, AMETEK Inc., and Toshiba International Corporation. Such firms continuously fund R&D and strategic partnerships, aiming to differentiate based on the provision of higher torque density, improved energy efficiency, and integrated solutions that are attuned to the evolving needs of global e-mobility.

Related News -

https://www.linkedin.com/pulse/can-innovation-traction-motors-reshape-ev-audbf/

https://www.linkedin.com/pulse/how-electric-brake-boosters-transforming-automotive-dopaf/

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