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Automotive Electric Motors for EV Market Set for Explosive Growth to USD 791.44 Billion by 2030, Led by Asia-Pacific's 55% Global Market Share | DataM Intelligence
Automotive Electric Motors for EV Market
Market growth is driven by rising electric vehicle sales due to stringent emission norms, government incentives, and expanding charging infrastructure. Advancements in motor efficiency, increasing EV adoption globally, and investments in sustainable transportation further accelerate expansion.
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United States: Key Industry Developments
✅ December 2025: Nidec Corporation launched a next-generation axial flux electric motor for EVs, featuring 20% higher power density and improved thermal efficiency to enhance range in premium sedans.
✅ November 2025: General Motors announced production scale-up of in-house permanent magnet synchronous motors at their Detroit facility, integrating advanced rare-earth-free designs for cost reduction and supply chain resilience.
✅ October 2025: Tesla unveiled an optimized switched reluctance motor variant for their Cybertruck lineup, emphasizing compact size and high torque output to meet heavy-duty EV demands.
Asia Pacific / Japan: Key Industry Developments
✅ December 2025: Nidec expanded its high-efficiency PMSM motor production in Japan, supplying Toyota with motors achieving 95% efficiency for hybrid and full EV platforms.
✅ November 2025: BYD introduced a low-cost AC induction motor upgrade for their passenger EVs in China, boosting affordability while maintaining 400+ km range capabilities.
✅ October 2025: Hitachi Astemo launched a lightweight direct-drive electric motor in Japan, tailored for two-wheelers and compact cars with enhanced regenerative braking features.
Key Mergers and Acquisitions:
✅ Leading manufacturers in the Automotive Electric Motors for EV Market pursued strategic acquisitions to enhance production capabilities and expand into high-growth regions like Europe and Asia.
✅ Major OEMs formed joint ventures and acquired specialized eDrive system providers, accelerating advancements in high-efficiency axial flux motor technologies for next-gen electric vehicles.
✅ Global suppliers consolidated through divestitures and targeted buyouts of regional motor facilities, boosting integrated powertrain solutions and supply chain resilience amid rising EV demand.
Market Segmentation Analysis:
-By Vehicle Type: Passenger Vehicles Dominate EV Adoption
Pure Electric Vehicles (PEV) command 60% market share in 2026, leading due to zero-emission mandates and superior range from high-efficiency motors powering battery-only drivetrains. Hybrid Electric Vehicles (HEV) hold 25%, valued for seamless gas-electric transitions and regenerative braking in urban commuting. Plug-In Hybrid Electric Vehicles (PHEV) account for 15%, bridging traditional and electric with flexible charging for shorter-range electric driving.
-By Motor Type: AC Motors Lead Efficiency Standards
AC Motors capture 70% share, preferred for high power density, precise torque control, and regenerative capabilities in EV traction systems. DC Motors follow at 30%, used in auxiliary functions like pumps due to simple speed regulation but lower efficiency in main propulsion.
-By Application: Passenger Vehicles Highest Share
Passenger Vehicles dominate with 75% share, driven by consumer demand for sedans and SUVs featuring advanced motor integration for performance and range. Commercial Vehicles take 25%, growing via electrified fleets for logistics but limited by payload and charging infrastructure.
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Why is the Automotive Electric Motors for EV Market Growing?
The rapid expansion of the Automotive Electric Motors for EV market in 2026 is fueled by several critical factors:
-Surging EV Adoption: Global shift toward battery electric vehicles (BEVs) and plug-in hybrids (PHEVs) drives demand for efficient motors, supported by declining battery costs and consumer preference for zero-emission transport.
-Technological Advancements: Innovations in permanent magnet synchronous motors (PMSMs) deliver higher efficiency, power density, and compact designs, enabling longer ranges and faster acceleration in EVs.
-Stringent Environmental Regulations: Governments worldwide impose stricter emission standards and offer incentives for clean energy tech, accelerating electrification and motor production.
-Government Incentives and Investments: Subsidies, tax credits, and infrastructure growth, especially in Asia-Pacific like China, boost manufacturing scale and market penetration.
Regional Insights:
-Asia-Pacific commands the largest market share in the automotive electric motors for EV market, estimated at over 55% as of recent analyses, driven by dominant production in China (nearly 70% of regional share), Japan, South Korea, and India, bolstered by massive EV manufacturing ecosystems and government incentives.
-Europe follows with around 22% global share, led by Germany (approximately 20% within Europe), where OEMs like Volkswagen, BMW, and Mercedes-Benz fuel demand through stringent emission regulations and advanced motor R&D investments.
-North America holds about 14% of the market, with the United States dominating regionally at roughly 88% of North American share, supported by Tesla, GM, Ford expansions, and policies like the ZEV program alongside charging infrastructure growth.
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Key Players:
Siemens AG | Yaskawa Electric | Robert Bosch GmbH | Toshiba Corporation | Magna International | Denso Corporation | Mitsubishi Electric Corporation | Emerson Electric Co. | ABB Motors and Mechanical Inc. | Hitachi, Ltd.
Key Highlights (Top 5 Key Players) for Automotive Electric Motors for EV Market:
-Robert Bosch GmbH develops high-efficiency permanent magnet synchronous motors (PMSM) for EVs, integrating advanced power electronics and thermal management for models like those in Volkswagen and Hyundai vehicles.
-Denso Corporation supplies compact axial flux motors and integrated motor-inverter systems, optimizing for hybrid and full EV platforms with low NVH performance in Toyota and Nissan applications.
-Mitsubishi Electric Corporation manufactures induction and synchronous reluctance motors tailored for EV drivetrains, emphasizing high torque density and regenerative braking for Mitsubishi and alliance partners.
-Magna International designs scalable eDrive systems including motors, gearboxes, and inverters, powering premium EVs like those from BMW and Ford with modular architectures for mass-market adoption.
-Hitachi, Ltd. produces high-voltage IPM motors with wide-speed-range capabilities, focusing on lightweight designs and efficiency for Japanese OEMs like Nissan Leaf successors and commercial EV fleets.
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