Global Automotive Drive Motor Market Set for Strong 15.1% CAGR Growth, Projected to Hit USD 33.71 Billion by 2031 | Tesla, Volkswagen, BYD Co. Ltd., ZF Friedrichshafen AG

QY Research has recently published a report, titled "Automotive Drive Motor Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031". The global Automotive Drive Motor market is comprehensively analyzed in the report with the main objective of providing accurate market data and useful recommendations to help players to gain strong growth in future. The report is compiled by subject matter experts and experienced market analysts, which makes it highly authentic and reliable. Readers are provided with deep analysis of historical and future market scenarios to get sound understanding of market competition and other important aspects. The report offers exhaustive research on market dynamics, key segments, leading players, and different regional markets. It is a complete package of thorough analysis and research on the global Automotive Drive Motor market.

The global market for Automotive Drive Motor was estimated to be worth US$ 12207 million in 2024 and is forecast to a readjusted size of US$ 33712 million by 2031 with a CAGR of 15.1% during the forecast period 2025-2031.

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An automotive drive motor is a key component in electric vehicles that converts electrical energy into mechanical energy to generate motion. It replaces or supplements the internal combustion engine in traditional vehicles, serving as the primary propulsion system. Drive motors can be used in battery electric vehicles (BEVs), plug-in hybrid electric vehicles (PHEVs). The most common types include permanent magnet synchronous motors (PMSM) and asynchronous motors (AM), offering varying levels of efficiency, torque, and control responsiveness depending on the application.

The automotive drive motor market is undergoing significant transformation, driven by the accelerating shift toward vehicle electrification and decarbonization. With increasing global attention to environmental sustainability, governments and manufacturers are focusing on electrified powertrains as a long-term solution to reduce emissions. Automotive drive motors are at the core of this transition, and their performance directly affects vehicle range, responsiveness, and efficiency. Key areas of innovation include improving motor efficiency, reducing material costs (especially rare-earth dependency), and integrating motors with electronic control units for smarter, more responsive systems. Permanent magnet synchronous motors continue to dominate passenger EV applications, while asynchronous motors are preferred in some commercial or high-performance segments due to their durability and cost structure. As the electric vehicle market matures, the demand for compact, lightweight, and high-performance drive motors is expected to reshape supply chains and influence long-term R&D strategies across the automotive industry.

The authors of the report shed light on lucrative business prospects, prominent trends, regulatory situations, and price scenarios of the global Automotive Drive Motor market. Importantly, the report gives a detailed analysis of macroeconomic and microeconomic factors impacting the growth of the global Automotive Drive Motor market. It is divided into various sections and chapters to help with easy understanding of each and every aspect of the global Automotive Drive Motor market. Market players can use the report to peep into the future of the global Automotive Drive Motor market and bring important changes to their operating style and marketing tactics to achieve sustained growth.

The competitive landscape of the global Automotive Drive Motor market is broadly studied in the report with large focus on recent developments, future plans of top players, and key growth strategies adopted by them. The analysts authoring the report have profiled almost every major player of the global Automotive Drive Motor market and thrown light on their crucial business aspects such as production, areas of operation, and product portfolio. All companies analyzed in the report are studied on the basis of vital factors such as market share, market growth, company size, production volume, revenue, and earnings.

Key Players Mentioned in the Global Automotive Drive Motor Market Research Report:

Tesla
Volkswagen
BYD Co. Ltd.
ZF Friedrichshafen AG
Robert Bosch GmbH (BOSCH)
HASCO
Broad-Ocean Motor (BROAD-OCEAN)
Mitsubishi Motors Corporation
XPT
Nidec Corporation (NIDEC)
Zhejiang Founder Motor Co., Ltd.
Magna International
JJE (Jing-Jin Electric)
Hitachi
Shuanglin Group
Chery New Energy
Anhui Juyi
Shenzhen Greatland Electrics Inc.

The report offers great insights into important segments of the global Automotive Drive Motor market while concentrating on their CAGR, market size, market share, and future growth potential. The global Automotive Drive Motor market is mainly segmented according to type of product, application, and region. Each segment in these categories is extensively researched to become familiar with their growth prospects and key trends. Segmental analysis is highly important to identify key growth pockets of a global market. The report provides specific information on the market growth and demand of different products and applications to help players to focus on profitable areas of the global Automotive Drive Motor market.

Details of Automotive Drive Motor Market Segmentation: -

Segment by Type:

Permanent Magnet Synchronous Motor (PMSM)
Asynchronous Motor
Other

Segment by Application:

Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)

Research Methodology

This report has been compiled using latest primary and secondary research methodologies such as data triangulation, qualitative and quantitative analysis, and top-down and bottom-up approaches. The researchers also referred to reliable secondary sources for collecting important data and statistics. All the findings of the research study have been verified and revalidated with the help of authentic primary sources.

The researchers create a unique model and customize it for each research study. Their market forecasts are based on the industry-best combination of domain expertise, industry knowledge and experience, technological analysis, and economic tools. Technological market models are generally adopted for long-term market forecasting, whereas econometric models are adopted for short-term forecasting. The researchers were provided with advanced analysis tools at the time of the preparation of the report.

Report Objectives

(1) To carefully analyze and estimate the size of the global Automotive Drive Motor market

(2) To clearly segment the global Automotive Drive Motor market and estimate the market size of the segments

(3) To provide details about key strategies adopted by leading players of the global Automotive Drive Motor market

(4) To help readers understand current and future market scenarios

(5) To provide information about latest trends of the global Automotive Drive Motor market and its key segments

(6) To assess the contribution of each region or country to the global Automotive Drive Motor market

(7) To provide information on important drivers, restraints, and opportunities of the global Automotive Drive Motor market

(8) To accurately calculate the market shares of key segments, regions, and companies in the global Automotive Drive Motor market

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Table of Content

1 Market Overview
1.1 Automotive Drive Motor Product Introduction
1.2 Global Automotive Drive Motor Market Size Forecast
1.2.1 Global Automotive Drive Motor Sales Value (2020-2031)
1.2.2 Global Automotive Drive Motor Sales Volume (2020-2031)
1.2.3 Global Automotive Drive Motor Sales Price (2020-2031)
1.3 Automotive Drive Motor Market Trends & Drivers
1.3.1 Automotive Drive Motor Industry Trends
1.3.2 Automotive Drive Motor Market Drivers & Opportunity
1.3.3 Automotive Drive Motor Market Challenges
1.3.4 Automotive Drive Motor Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global Automotive Drive Motor Players Revenue Ranking (2024)
2.2 Global Automotive Drive Motor Revenue by Company (2020-2025)
2.3 Global Automotive Drive Motor Players Sales Volume Ranking (2024)
2.4 Global Automotive Drive Motor Sales Volume by Company Players (2020-2025)
2.5 Global Automotive Drive Motor Average Price by Company (2020-2025)
2.6 Key Manufacturers Automotive Drive Motor Manufacturing Base and Headquarters
2.7 Key Manufacturers Automotive Drive Motor Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of Automotive Drive Motor
2.9 Automotive Drive Motor Market Competitive Analysis
2.9.1 Automotive Drive Motor Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by Automotive Drive Motor Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Automotive Drive Motor as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Permanent Magnet Synchronous Motor (PMSM)
3.1.2 Asynchronous Motor
3.1.3 Other
3.2 Global Automotive Drive Motor Sales Value by Type
3.2.1 Global Automotive Drive Motor Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global Automotive Drive Motor Sales Value, by Type (2020-2031)
3.2.3 Global Automotive Drive Motor Sales Value, by Type (%) (2020-2031)
3.3 Global Automotive Drive Motor Sales Volume by Type
3.3.1 Global Automotive Drive Motor Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global Automotive Drive Motor Sales Volume, by Type (2020-2031)
3.3.3 Global Automotive Drive Motor Sales Volume, by Type (%) (2020-2031)
3.4 Global Automotive Drive Motor Average Price by Type (2020-2031)
4 Segmentation by Motor Copper Wire Forming Technology
4.1 Introduction by Motor Copper Wire Forming Technology
4.1.1 Hairpin Winding Motor
4.1.2 Round Wire Winding Motor
4.2 Global Automotive Drive Motor Sales Value by Motor Copper Wire Forming Technology
4.2.1 Global Automotive Drive Motor Sales Value by Motor Copper Wire Forming Technology (2020 VS 2024 VS 2031)
4.2.2 Global Automotive Drive Motor Sales Value, by Motor Copper Wire Forming Technology (2020-2031)
4.2.3 Global Automotive Drive Motor Sales Value, by Motor Copper Wire Forming Technology (%) (2020-2031)
4.3 Global Automotive Drive Motor Sales Volume by Motor Copper Wire Forming Technology
4.3.1 Global Automotive Drive Motor Sales Volume by Motor Copper Wire Forming Technology (2020 VS 2024 VS 2031)
4.3.2 Global Automotive Drive Motor Sales Volume, by Motor Copper Wire Forming Technology (2020-2031)
4.3.3 Global Automotive Drive Motor Sales Volume, by Motor Copper Wire Forming Technology (%) (2020-2031)
4.4 Global Automotive Drive Motor Average Price by Motor Copper Wire Forming Technology (2020-2031)
5 Segmentation by Application
5.1 Introduction by Application
5.1.1 Battery Electric Vehicle (BEV)
5.1.2 Plug-in Hybrid Electric Vehicle (PHEV)
5.2 Global Automotive Drive Motor Sales Value by Application
5.2.1 Global Automotive Drive Motor Sales Value by Application (2020 VS 2024 VS 2031)
5.2.2 Global Automotive Drive Motor Sales Value, by Application (2020-2031)
5.2.3 Global Automotive Drive Motor Sales Value, by Application (%) (2020-2031)
5.3 Global Automotive Drive Motor Sales Volume by Application
5.3.1 Global Automotive Drive Motor Sales Volume by Application (2020 VS 2024 VS 2031)
5.3.2 Global Automotive Drive Motor Sales Volume, by Application (2020-2031)
5.3.3 Global Automotive Drive Motor Sales Volume, by Application (%) (2020-2031)
5.4 Global Automotive Drive Motor Average Price by Application (2020-2031)
6 Segmentation by Region
6.1 Global Automotive Drive Motor Sales Value by Region
6.1.1 Global Automotive Drive Motor Sales Value by Region: 2020 VS 2024 VS 2031
6.1.2 Global Automotive Drive Motor Sales Value by Region (2020-2025)
6.1.3 Global Automotive Drive Motor Sales Value by Region (2026-2031)
6.1.4 Global Automotive Drive Motor Sales Value by Region (%), (2020-2031)
6.2 Global Automotive Drive Motor Sales Volume by Region
6.2.1 Global Automotive Drive Motor Sales Volume by Region: 2020 VS 2024 VS 2031
6.2.2 Global Automotive Drive Motor Sales Volume by Region (2020-2025)
6.2.3 Global Automotive Drive Motor Sales Volume by Region (2026-2031)
6.2.4 Global Automotive Drive Motor Sales Volume by Region (%), (2020-2031)
6.3 Global Automotive Drive Motor Average Price by Region (2020-2031)
6.4 North America
6.4.1 North America Automotive Drive Motor Sales Value, 2020-2031
6.4.2 North America Automotive Drive Motor Sales Value by Country (%), 2024 VS 2031
6.5 Europe
6.5.1 Europe Automotive Drive Motor Sales Value, 2020-2031
6.5.2 Europe Automotive Drive Motor Sales Value by Country (%), 2024 VS 2031
6.6 Asia Pacific
6.6.1 Asia Pacific Automotive Drive Motor Sales Value, 2020-2031
6.6.2 Asia Pacific Automotive Drive Motor Sales Value by Region (%), 2024 VS 2031
6.7 South America
6.7.1 South America Automotive Drive Motor Sales Value, 2020-2031
6.7.2 South America Automotive Drive Motor Sales Value by Country (%), 2024 VS 2031
6.8 Middle East & Africa
6.8.1 Middle East & Africa Automotive Drive Motor Sales Value, 2020-2031
6.8.2 Middle East & Africa Automotive Drive Motor Sales Value by Country (%), 2024 VS 2031
7 Segmentation by Key Countries/Regions
7.1 Key Countries/Regions Automotive Drive Motor Sales Value Growth Trends, 2020 VS 2024 VS 2031
7.2 Key Countries/Regions Automotive Drive Motor Sales Value and Sales Volume
7.2.1 Key Countries/Regions Automotive Drive Motor Sales Value, 2020-2031
7.2.2 Key Countries/Regions Automotive Drive Motor Sales Volume, 2020-2031
7.3 United States
7.3.1 United States Automotive Drive Motor Sales Value, 2020-2031
7.3.2 United States Automotive Drive Motor Sales Value by Type (%), 2024 VS 2031
7.3.3 United States Automotive Drive Motor Sales Value by Application, 2024 VS 2031
7.4 Europe
7.4.1 Europe Automotive Drive Motor Sales Value, 2020-2031
7.4.2 Europe Automotive Drive Motor Sales Value by Type (%), 2024 VS 2031
7.4.3 Europe Automotive Drive Motor Sales Value by Application, 2024 VS 2031
7.5 China
7.5.1 China Automotive Drive Motor Sales Value, 2020-2031
7.5.2 China Automotive Drive Motor Sales Value by Type (%), 2024 VS 2031
7.5.3 China Automotive Drive Motor Sales Value by Application, 2024 VS 2031
7.6 Japan
7.6.1 Japan Automotive Drive Motor Sales Value, 2020-2031
7.6.2 Japan Automotive Drive Motor Sales Value by Type (%), 2024 VS 2031
7.6.3 Japan Automotive Drive Motor Sales Value by Application, 2024 VS 2031
7.7 South Korea
7.7.1 South Korea Automotive Drive Motor Sales Value, 2020-2031
7.7.2 South Korea Automotive Drive Motor Sales Value by Type (%), 2024 VS 2031
7.7.3 South Korea Automotive Drive Motor Sales Value by Application, 2024 VS 2031
7.8 Southeast Asia
7.8.1 Southeast Asia Automotive Drive Motor Sales Value, 2020-2031
7.8.2 Southeast Asia Automotive Drive Motor Sales Value by Type (%), 2024 VS 2031
7.8.3 Southeast Asia Automotive Drive Motor Sales Value by Application, 2024 VS 2031
7.9 India
7.9.1 India Automotive Drive Motor Sales Value, 2020-2031
7.9.2 India Automotive Drive Motor Sales Value by Type (%), 2024 VS 2031
7.9.3 India Automotive Drive Motor Sales Value by Application, 2024 VS 2031
8 Company Profiles
8.1 Tesla
8.1.1 Tesla Company Information
8.1.2 Tesla Introduction and Business Overview
8.1.3 Tesla Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.1.4 Tesla Automotive Drive Motor Product Offerings
8.1.5 Tesla Recent Development
8.2 BYD
8.2.1 BYD Company Information
8.2.2 BYD Introduction and Business Overview
8.2.3 BYD Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.2.4 BYD Automotive Drive Motor Product Offerings
8.2.5 BYD Recent Development
8.3 Huawei
8.3.1 Huawei Company Information
8.3.2 Huawei Introduction and Business Overview
8.3.3 Huawei Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.3.4 Huawei Automotive Drive Motor Product Offerings
8.3.5 Huawei Recent Development
8.4 ZF
8.4.1 ZF Company Information
8.4.2 ZF Introduction and Business Overview
8.4.3 ZF Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.4.4 ZF Automotive Drive Motor Product Offerings
8.4.5 ZF Recent Development
8.5 Bosch
8.5.1 Bosch Company Information
8.5.2 Bosch Introduction and Business Overview
8.5.3 Bosch Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.5.4 Bosch Automotive Drive Motor Product Offerings
8.5.5 Bosch Recent Development
8.6 Mitsubishi Motors
8.6.1 Mitsubishi Motors Company Information
8.6.2 Mitsubishi Motors Introduction and Business Overview
8.6.3 Mitsubishi Motors Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.6.4 Mitsubishi Motors Automotive Drive Motor Product Offerings
8.6.5 Mitsubishi Motors Recent Development
8.7 Hitachi
8.7.1 Hitachi Company Information
8.7.2 Hitachi Introduction and Business Overview
8.7.3 Hitachi Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.7.4 Hitachi Automotive Drive Motor Product Offerings
8.7.5 Hitachi Recent Development
8.8 United Automotive Electronic Systems
8.8.1 United Automotive Electronic Systems Company Information
8.8.2 United Automotive Electronic Systems Introduction and Business Overview
8.8.3 United Automotive Electronic Systems Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.8.4 United Automotive Electronic Systems Automotive Drive Motor Product Offerings
8.8.5 United Automotive Electronic Systems Recent Development
8.9 Inovance
8.9.1 Inovance Company Information
8.9.2 Inovance Introduction and Business Overview
8.9.3 Inovance Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.9.4 Inovance Automotive Drive Motor Product Offerings
8.9.5 Inovance Recent Development
8.10 VREMT
8.10.1 VREMT Company Information
8.10.2 VREMT Introduction and Business Overview
8.10.3 VREMT Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.10.4 VREMT Automotive Drive Motor Product Offerings
8.10.5 VREMT Recent Development
8.11 Zhejiang Founder
8.11.1 Zhejiang Founder Company Information
8.11.2 Zhejiang Founder Introduction and Business Overview
8.11.3 Zhejiang Founder Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.11.4 Zhejiang Founder Automotive Drive Motor Product Offerings
8.11.5 Zhejiang Founder Recent Development
8.12 Volkswagen Automatic Transmission
8.12.1 Volkswagen Automatic Transmission Company Information
8.12.2 Volkswagen Automatic Transmission Introduction and Business Overview
8.12.3 Volkswagen Automatic Transmission Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.12.4 Volkswagen Automatic Transmission Automotive Drive Motor Product Offerings
8.12.5 Volkswagen Automatic Transmission Recent Development
8.13 NIO XPT
8.13.1 NIO XPT Company Information
8.13.2 NIO XPT Introduction and Business Overview
8.13.3 NIO XPT Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.13.4 NIO XPT Automotive Drive Motor Product Offerings
8.13.5 NIO XPT Recent Development
8.14 Hasco
8.14.1 Hasco Company Information
8.14.2 Hasco Introduction and Business Overview
8.14.3 Hasco Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.14.4 Hasco Automotive Drive Motor Product Offerings
8.14.5 Hasco Recent Development
8.15 Nidec
8.15.1 Nidec Company Information
8.15.2 Nidec Introduction and Business Overview
8.15.3 Nidec Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.15.4 Nidec Automotive Drive Motor Product Offerings
8.15.5 Nidec Recent Development
8.16 Broad-Ocean Motor
8.16.1 Broad-Ocean Motor Company Information
8.16.2 Broad-Ocean Motor Introduction and Business Overview
8.16.3 Broad-Ocean Motor Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.16.4 Broad-Ocean Motor Automotive Drive Motor Product Offerings
8.16.5 Broad-Ocean Motor Recent Development
8.17 Shuanglin Automotive
8.17.1 Shuanglin Automotive Company Information
8.17.2 Shuanglin Automotive Introduction and Business Overview
8.17.3 Shuanglin Automotive Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.17.4 Shuanglin Automotive Automotive Drive Motor Product Offerings
8.17.5 Shuanglin Automotive Recent Development
8.18 Leapmotor
8.18.1 Leapmotor Company Information
8.18.2 Leapmotor Introduction and Business Overview
8.18.3 Leapmotor Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.18.4 Leapmotor Automotive Drive Motor Product Offerings
8.18.5 Leapmotor Recent Development
8.19 JJE
8.19.1 JJE Company Information
8.19.2 JJE Introduction and Business Overview
8.19.3 JJE Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.19.4 JJE Automotive Drive Motor Product Offerings
8.19.5 JJE Recent Development
8.20 CRRC Times Electric
8.20.1 CRRC Times Electric Company Information
8.20.2 CRRC Times Electric Introduction and Business Overview
8.20.3 CRRC Times Electric Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.20.4 CRRC Times Electric Automotive Drive Motor Product Offerings
8.20.5 CRRC Times Electric Recent Development
8.21 Chery New Energy
8.21.1 Chery New Energy Company Information
8.21.2 Chery New Energy Introduction and Business Overview
8.21.3 Chery New Energy Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.21.4 Chery New Energy Automotive Drive Motor Product Offerings
8.21.5 Chery New Energy Recent Development
8.22 JEE
8.22.1 JEE Company Information
8.22.2 JEE Introduction and Business Overview
8.22.3 JEE Automotive Drive Motor Sales, Revenue, Price and Gross Margin (2020-2025)
8.22.4 JEE Automotive Drive Motor Product Offerings
8.22.5 JEE Recent Development
9 Industry Chain Analysis
9.1 Automotive Drive Motor Industrial Chain
9.2 Automotive Drive Motor Upstream Analysis
9.2.1 Key Raw Materials
9.2.2 Raw Materials Key Suppliers
9.2.3 Manufacturing Cost Structure
9.3 Midstream Analysis
9.4 Downstream Analysis (Customers Analysis)
9.5 Sales Model and Sales Channels
9.5.1 Automotive Drive Motor Sales Model
9.5.2 Sales Channel
9.5.3 Automotive Drive Motor Distributors
10 Research Findings and Conclusion
11 Appendix
11.1 Research Methodology
11.1.1 Methodology/Research Approach
11.1.1.1 Research Programs/Design
11.1.1.2 Market Size Estimation
11.1.1.3 Market Breakdown and Data Triangulation
11.1.2 Data Source
11.1.2.1 Secondary Sources
11.1.2.2 Primary Sources
11.2 Author Details
11.3 Disclaimer

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