Automotive Induction Motor Market

Induction motors are a type of motors used earlier in electric vehicle driving. Due to their simple structure, ruggedness, low cost, reliable operation, no position sensor, and high speed limits, the most important thing is that the induction motor speed control technology is mature , Which makes it have obvious advantages, so induction motors have become the first choice for most AC-driven electric vehicles.

Automotive Induction Motor Market aims to provide a comprehensive presentation of the global market for Automotive Induction Motor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Induction Motor. Automotive Induction Motor Market contains market size and forecasts of Automotive Induction Motor in global, including the following market information:

Global Automotive Induction Motor Market Revenue, 2019-2024, 2025-2030, ($ millions)

Global Automotive Induction Motor Market Sales, 2019-2024, 2025-2030, (K Units)

Global top five Automotive Induction Motor companies in 2023 (%)

The global Automotive Induction Motor market was valued at US$ million in 2023 and is projected to reach US$ million by 2030, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The U.S. Market is Estimated at $ Million in 2023, While China is Forecast to Reach $ Million.

DC Motor Segment to Reach $ Million by 2030, with a % CAGR in next six years.

The global key manufacturers of Automotive Induction Motor include WEG Electric Corp, ABB Ltd, Emerson Electric Co, Nidec Motor Corporation, Siemens AG, Tesla Inc, ARC Systems, Ramco Electric Motos and Toshiba, etc. in 2023, the global top five players have a share approximately % in terms of revenue.

We surveyed the Automotive Induction Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Automotive Induction Motor Market, by Type, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Automotive Induction Motor Market Segment Percentages, by Type, 2023 (%)

DC Motor

AC Motor

Global Automotive Induction Motor Market, by Application, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Automotive Induction Motor Market Segment Percentages, by Application, 2023 (%)

OEM

After Market

Global Automotive Induction Motor Market, By Region and Country, 2019-2024, 2025-2030 ($ Millions) & (K Units)

Global Automotive Induction Motor Market Segment Percentages, By Region and Country, 2023 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Automotive Induction Motor revenues in global market, 2019-2024 (Estimated), ($ millions)

Key companies Automotive Induction Motor revenues share in global market, 2023 (%)

Key companies Automotive Induction Motor sales in global market, 2019-2024 (Estimated), (K Units)

Key companies Automotive Induction Motor sales share in global market, 2023 (%)

Further, the report presents profiles of competitors in the market, key players include:

WEG Electric Corp

ABB Ltd

Emerson Electric Co

Nidec Motor Corporation

Siemens AG

Tesla Inc

ARC Systems

Ramco Electric Motos

Toshiba

Rockwell Automation

Ametek

Regal Beloit

Johnson Electric

Allied Motion Technologies

Faulhaber Group

General Electric

Outline of Major Chapters:

Chapter 1: Introduces the definition of Automotive Induction Motor, market overview.

Chapter 2: Global Automotive Induction Motor market size in revenue and volume.

Chapter 3: Detailed analysis of Automotive Induction Motor manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: Sales of Automotive Induction Motor in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.

Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 8: Global Automotive Induction Motor capacity by region & country.

Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.

Chapter 11: The main points and conclusions of the report.