Automotive Traction Motor Core Market

The traction motor in electric vehicle is responsible for converting the electric energy to mechanical energy which is used in propulsion of vehicle in a straight-line motion. Electric vehicle traction motor is used in electrical transmission system like electric hybrid vehicles and battery powered electric vehicles. Inside every electric motor is a stationary stator with a rotor spinning inside it. The stator is made of copper wire coils. When an electric current flows through these coils, a rotating magnetic field is created in the stator which causes the rotor to spin. The rotational movement is based on a simple physical principle: opposite poles in a magnet attract each other, whereas like poles repel.

Automotive Traction Motor Core Market aims to provide a comprehensive presentation of the global market for Automotive Traction Motor Core, 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 Traction Motor Core. Automotive Traction Motor Core Market contains market size and forecasts of Automotive Traction Motor Core in global, including the following market information:

Global Automotive Traction Motor Core Market Revenue, 2018-2023, 2024-2029, ($ millions)

Global Automotive Traction Motor Core Market Sales, 2018-2023, 2024-2029, (K Units)

Global top five Automotive Traction Motor Core companies in 2022 (%)

The global Automotive Traction Motor Core market was valued at US$ 1999.3 million in 2022 and is projected to reach US$ 10200 million by 2029, at a CAGR of 26.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

Global core automotive traction motor core manufacturers include Mitsui High-tec, POSCO etc.The top 3 companies hold a share over 55%.Europe is the largest market, with a share about 34%, followed by China and Japan with the share about 21% and 19%.In terms of product, permanent magnet motor cores is the largest segment, with a share over 70%. And in terms of application, the largest application is EV, followed by HEV.

We surveyed the Automotive Traction Motor Core 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 Traction Motor Core Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Automotive Traction Motor Core Market Segment Percentages, by Type, 2022 (%)

Permanent Magnet Motor Cores

AC Induction Motor Cores

Global Automotive Traction Motor Core Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Automotive Traction Motor Core Market Segment Percentages, by Application, 2022 (%)

EV

HEV

Global Automotive Traction Motor Core Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)

Global Automotive Traction Motor Core Market Segment Percentages, By Region and Country, 2022 (%)

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 Traction Motor Core revenues in global market, 2018-2023 (Estimated), ($ millions)

Key companies Automotive Traction Motor Core revenues share in global market, 2022 (%)

Key companies Automotive Traction Motor Core sales in global market, 2018-2023 (Estimated), (K Units)

Key companies Automotive Traction Motor Core sales share in global market, 2022 (%)

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

Mitsui High-tec

POSCO

EUROTRANCIATURA

Tempel Steel

Hidria

JFE Shoji

Yutaka Giken

Tongda Power Technology

Shiri Electromechanical Technology

Toyota Boshoku Corporation

Suzhou Fine-stamping

Wuxi Longsheng Technology

Kuroda Precision

Outline of Major Chapters:

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

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

Chapter 3: Detailed analysis of Automotive Traction Motor Core 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 Traction Motor Core 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 Traction Motor Core 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.