Global and U.S. Axial Flux Permanent Magnet Motors (AFPMs) Market Report, Published by QY Research.

Axial Flux Permanent Magnet Motors (AFPMs) are high-efficiency electric machines characterized by a flat, disc-like geometry where magnetic flux flows axially through the rotor and stator. Unlike traditional radial flux motors, AFPMs use permanent magnets mounted on parallel rotors and stators to produce strong torque density within a compact design. This architecture delivers superior power-to-weight ratio, low moment of inertia, and high energy efficiency, making them ideal for electric vehicles (EVs), aerospace systems, robotics, wind turbines, and distributed energy applications. Advanced AFPMs integrate rare-earth neodymium magnets, lightweight composite housings, and liquid cooling for enhanced thermal stability and performance in constrained spaces.

https://www.qyresearch.com/reports/5290311/axial-flux-permanent-magnet-motors

Core Market Data

Global market size: USD 1.1 billion
CAGR (2024-2030): 12.4%
Average price: USD 3400 per unit
Annual production: 320 kilounits
Gross margin: 37%
Production capacity: 410 kilounits

List of Main Players

YASA Limited (U.K.)
Magnax (Belgium)
Saietta Group (U.K.)
Turntide Technologies (U.S.)
Nidec Corporation (Japan)
Ziehl-Abegg (Germany)
EMRAX d.o.o. (Slovenia)
Alva Industries (Norway)
AVID Technology (U.K.)
Renault Group (France)

1. By Motor Configuration

Single-Rotor, Single-Stator
Double-Rotor, Single-Stator
Double-Stator, Single-Rotor
Integrated Rotor-Stator Hybrid Design

2. By Cooling Method

Air-Cooled
Liquid-Cooled
Oil-Cooled
Hybrid Thermal Management

3. By Power Range

Low Power
Medium Power
High Power

4. By Application

Electric Vehicles
Aerospace Propulsion Systems
Robotics and Industrial Automation
Renewable Energy (Wind and Marine)
Distributed Power Generation

5. By End-Use Sector

Automotive and Mobility
Aerospace and Defense
Industrial Machinery
Energy and Power Generation
Research and Prototyping

Case Study for Bidding

Time: March 2024
Supplier: Magnax (Belgium)
Buyer: Volvo Cars (Sweden)
Product: Liquid-cooled axial flux motors for next-generation EV drive systems
Quantity: 95,000 units
Contract Value: USD 337 million
Delivery Timeline: December 2025

Case Study for End Using

End User: Joby Aviation (U.S.)

Application: Integrated into electric vertical take-off and landing (eVTOL) aircraft propulsion systems.

Installation Location

Mounted directly on rotor hubs for distributed thrust generation.
Connected to inverter and battery modules through lightweight busbars.
Enclosed within carbon-composite housings for aerodynamic integration.

Purpose

Reduces propulsion weight and increases system efficiency.
Enables high torque output in limited installation space.
Enhances redundancy and fault tolerance in multi-motor configurations.

Effect

Achieved torque density exceeding 60 Nm/kg.
Improved overall power efficiency by 12% compared to radial flux alternatives.
Lowered system mass by 18%, increasing payload capacity.

Alternative Devices

Radial flux and induction motors offer robustness but lack the compact torque efficiency of axial flux architectures.
Therefore, Axial Flux Permanent Magnet Motors are increasingly vital for next-generation electric mobility and aerospace propulsion systems.

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