The global Automotive Traction Motor Core market was valued at US$ 2666.4 million in 2022 and is projected to reach US$ 7712.2 million by 2029, at a CAGR of 16.4% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global key manufacturers of automotive traction motor core are Mitsui High-tec, EUROTRANCIATURA, POSCO, Suzhou Fine-stamping, Tempel Steel, Hidria, JFE Shoji, and others. The top three manufacturers have a total market share of 50%, with the largest manufacturer being Mitsui High-tec with a 30% share. The global origins are mainly located in North America, Europe, China, Japan, and Korea, with Japan being the largest production region with a 40% market share. In terms of product categories, permanent magnet motor cores have more market share with 80%, while AC induction motor cores have a lower share. In terms of its application, pure electric vehicles (EV) are the number one application area, with over 65% market share, while hybrid vehicles (HEV) account for 35%.
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.
Consisting of a stator and a rotor, a motor core plays a pivotal role in generating electricity within a motor.
This report 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. This report 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 (%)
MARKET MONITOR GLOBAL, INC (MMG) has 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
EUROTRANCIATURA
POSCO
Suzhou Fine-stamping
Tempel Steel
Hidria
JFE Shoji
Wuxi Longsheng Technology
Tongda Power Technology
Toyota Boshoku Corporation
Kienle Spiess
Shiri Electromechanical Technology
Yutaka Giken
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.
1 Introduction to Research & Analysis Reports
1.1 Automotive Traction Motor Core Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Automotive Traction Motor Core Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Automotive Traction Motor Core Overall Market Size
2.1 Global Automotive Traction Motor Core Market Size: 2022 VS 2029
2.2 Global Automotive Traction Motor Core Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Automotive Traction Motor Core Sales: 2018-2029
3 Company Landscape
3.1 Top Automotive Traction Motor Core Players in Global Market
3.2 Top Global Automotive Traction Motor Core Companies Ranked by Revenue
3.3 Global Automotive Traction Motor Core Revenue by Companies
3.4 Global Automotive Traction Motor Core Sales by Companies
3.5 Global Automotive Traction Motor Core Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Automotive Traction Motor Core Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Automotive Traction Motor Core Product Type
3.8 Tier 1, Tier 2 and Tier 3 Automotive Traction Motor Core Players in Global Market
3.8.1 List of Global Tier 1 Automotive Traction Motor Core Companies
3.8.2 List of Global Tier 2 and Tier 3 Automotive Traction Motor Core Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Automotive Traction Motor Core Market Size Markets, 2022 & 2029
4.1.2 Permanent Magnet Motor Cores
4.1.3 AC Induction Motor Cores
4.2 By Type - Global Automotive Traction Motor Core Revenue & Forecasts
4.2.1 By Type - Global Automotive Traction Motor Core Revenue, 2018-2023
4.2.2 By Type - Global Automotive Traction Motor Core Revenue, 2024-2029
4.2.3 By Type - Global Automotive Traction Motor Core Revenue Market Share, 2018-2029
4.3 By Type - Global Automotive Traction Motor Core Sales & Forecasts
4.3.1 By Type - Global Automotive Traction Motor Core Sales, 2018-2023
4.3.2 By Type - Global Automotive Traction Motor Core Sales, 2024-2029
4.3.3 By Type - Global Automotive Traction Motor Core Sales Market Share, 2018-2029
4.4 By Type - Global Automotive Traction Motor Core Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Automotive Traction Motor Core Market Size, 2022 & 2029
5.1.2 EV
5.1.3 HEV
5.2 By Application - Global Automotive Traction Motor Core Revenue & Forecasts
5.2.1 By Application - Global Automotive Traction Motor Core Revenue, 2018-2023
5.2.2 By Application - Global Automotive Traction Motor Core Revenue, 2024-2029
5.2.3 By Application - Global Automotive Traction Motor Core Revenue Market Share, 2018-2029
5.3 By Application - Global Automotive Traction Motor Core Sales & Forecasts
5.3.1 By Application - Global Automotive Traction Motor Core Sales, 2018-2023
5.3.2 By Application - Global Automotive Traction Motor Core Sales, 2024-2029
5.3.3 By Application - Global Automotive Traction Motor Core Sales Market Share, 2018-2029
5.4 By Application - Global Automotive Traction Motor Core Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Automotive Traction Motor Core Market Size, 2022 & 2029
6.2 By Region - Global Automotive Traction Motor Core Revenue & Forecasts
6.2.1 By Region - Global Automotive Traction Motor Core Revenue, 2018-2023
6.2.2 By Region - Global Automotive Traction Motor Core Revenue, 2024-2029
6.2.3 By Region - Global Automotive Traction Motor Core Revenue Market Share, 2018-2029
6.3 By Region - Global Automotive Traction Motor Core Sales & Forecasts
6.3.1 By Region - Global Automotive Traction Motor Core Sales, 2018-2023
6.3.2 By Region - Global Automotive Traction Motor Core Sales, 2024-2029
6.3.3 By Region - Global Automotive Traction Motor Core Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Automotive Traction Motor Core Revenue, 2018-2029
6.4.2 By Country - North America Automotive Traction Motor Core Sales, 2018-2029
6.4.3 US Automotive Traction Motor Core Market Size, 2018-2029
6.4.4 Canada Automotive Traction Motor Core Market Size, 2018-2029
6.4.5 Mexico Automotive Traction Motor Core Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Automotive Traction Motor Core Revenue, 2018-2029
6.5.2 By Country - Europe Automotive Traction Motor Core Sales, 2018-2029
6.5.3 Germany Automotive Traction Motor Core Market Size, 2018-2029
6.5.4 France Automotive Traction Motor Core Market Size, 2018-2029
6.5.5 U.K. Automotive Traction Motor Core Market Size, 2018-2029
6.5.6 Italy Automotive Traction Motor Core Market Size, 2018-2029
6.5.7 Russia Automotive Traction Motor Core Market Size, 2018-2029
6.5.8 Nordic Countries Automotive Traction Motor Core Market Size, 2018-2029
6.5.9 Benelux Automotive Traction Motor Core Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Automotive Traction Motor Core Revenue, 2018-2029
6.6.2 By Region - Asia Automotive Traction Motor Core Sales, 2018-2029
6.6.3 China Automotive Traction Motor Core Market Size, 2018-2029
6.6.4 Japan Automotive Traction Motor Core Market Size, 2018-2029
6.6.5 South Korea Automotive Traction Motor Core Market Size, 2018-2029
6.6.6 Southeast Asia Automotive Traction Motor Core Market Size, 2018-2029
6.6.7 India Automotive Traction Motor Core Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Automotive Traction Motor Core Revenue, 2018-2029
6.7.2 By Country - South America Automotive Traction Motor Core Sales, 2018-2029
6.7.3 Brazil Automotive Traction Motor Core Market Size, 2018-2029
6.7.4 Argentina Automotive Traction Motor Core Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Automotive Traction Motor Core Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Automotive Traction Motor Core Sales, 2018-2029
6.8.3 Turkey Automotive Traction Motor Core Market Size, 2018-2029
6.8.4 Israel Automotive Traction Motor Core Market Size, 2018-2029
6.8.5 Saudi Arabia Automotive Traction Motor Core Market Size, 2018-2029
6.8.6 UAE Automotive Traction Motor Core Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Mitsui High-tec
7.1.1 Mitsui High-tec Company Summary
7.1.2 Mitsui High-tec Business Overview
7.1.3 Mitsui High-tec Automotive Traction Motor Core Major Product Offerings
7.1.4 Mitsui High-tec Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.1.5 Mitsui High-tec Key News & Latest Developments
7.2 EUROTRANCIATURA
7.2.1 EUROTRANCIATURA Company Summary
7.2.2 EUROTRANCIATURA Business Overview
7.2.3 EUROTRANCIATURA Automotive Traction Motor Core Major Product Offerings
7.2.4 EUROTRANCIATURA Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.2.5 EUROTRANCIATURA Key News & Latest Developments
7.3 POSCO
7.3.1 POSCO Company Summary
7.3.2 POSCO Business Overview
7.3.3 POSCO Automotive Traction Motor Core Major Product Offerings
7.3.4 POSCO Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.3.5 POSCO Key News & Latest Developments
7.4 Suzhou Fine-stamping
7.4.1 Suzhou Fine-stamping Company Summary
7.4.2 Suzhou Fine-stamping Business Overview
7.4.3 Suzhou Fine-stamping Automotive Traction Motor Core Major Product Offerings
7.4.4 Suzhou Fine-stamping Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.4.5 Suzhou Fine-stamping Key News & Latest Developments
7.5 Tempel Steel
7.5.1 Tempel Steel Company Summary
7.5.2 Tempel Steel Business Overview
7.5.3 Tempel Steel Automotive Traction Motor Core Major Product Offerings
7.5.4 Tempel Steel Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.5.5 Tempel Steel Key News & Latest Developments
7.6 Hidria
7.6.1 Hidria Company Summary
7.6.2 Hidria Business Overview
7.6.3 Hidria Automotive Traction Motor Core Major Product Offerings
7.6.4 Hidria Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.6.5 Hidria Key News & Latest Developments
7.7 JFE Shoji
7.7.1 JFE Shoji Company Summary
7.7.2 JFE Shoji Business Overview
7.7.3 JFE Shoji Automotive Traction Motor Core Major Product Offerings
7.7.4 JFE Shoji Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.7.5 JFE Shoji Key News & Latest Developments
7.8 Wuxi Longsheng Technology
7.8.1 Wuxi Longsheng Technology Company Summary
7.8.2 Wuxi Longsheng Technology Business Overview
7.8.3 Wuxi Longsheng Technology Automotive Traction Motor Core Major Product Offerings
7.8.4 Wuxi Longsheng Technology Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.8.5 Wuxi Longsheng Technology Key News & Latest Developments
7.9 Tongda Power Technology
7.9.1 Tongda Power Technology Company Summary
7.9.2 Tongda Power Technology Business Overview
7.9.3 Tongda Power Technology Automotive Traction Motor Core Major Product Offerings
7.9.4 Tongda Power Technology Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.9.5 Tongda Power Technology Key News & Latest Developments
7.10 Toyota Boshoku Corporation
7.10.1 Toyota Boshoku Corporation Company Summary
7.10.2 Toyota Boshoku Corporation Business Overview
7.10.3 Toyota Boshoku Corporation Automotive Traction Motor Core Major Product Offerings
7.10.4 Toyota Boshoku Corporation Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.10.5 Toyota Boshoku Corporation Key News & Latest Developments
7.11 Kienle Spiess
7.11.1 Kienle Spiess Company Summary
7.11.2 Kienle Spiess Automotive Traction Motor Core Business Overview
7.11.3 Kienle Spiess Automotive Traction Motor Core Major Product Offerings
7.11.4 Kienle Spiess Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.11.5 Kienle Spiess Key News & Latest Developments
7.12 Shiri Electromechanical Technology
7.12.1 Shiri Electromechanical Technology Company Summary
7.12.2 Shiri Electromechanical Technology Automotive Traction Motor Core Business Overview
7.12.3 Shiri Electromechanical Technology Automotive Traction Motor Core Major Product Offerings
7.12.4 Shiri Electromechanical Technology Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.12.5 Shiri Electromechanical Technology Key News & Latest Developments
7.13 Yutaka Giken
7.13.1 Yutaka Giken Company Summary
7.13.2 Yutaka Giken Automotive Traction Motor Core Business Overview
7.13.3 Yutaka Giken Automotive Traction Motor Core Major Product Offerings
7.13.4 Yutaka Giken Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.13.5 Yutaka Giken Key News & Latest Developments
7.14 Kuroda Precision
7.14.1 Kuroda Precision Company Summary
7.14.2 Kuroda Precision Business Overview
7.14.3 Kuroda Precision Automotive Traction Motor Core Major Product Offerings
7.14.4 Kuroda Precision Automotive Traction Motor Core Sales and Revenue in Global (2018-2023)
7.14.5 Kuroda Precision Key News & Latest Developments
8 Global Automotive Traction Motor Core Production Capacity, Analysis
8.1 Global Automotive Traction Motor Core Production Capacity, 2018-2029
8.2 Automotive Traction Motor Core Production Capacity of Key Manufacturers in Global Market
8.3 Global Automotive Traction Motor Core Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Automotive Traction Motor Core Supply Chain Analysis
10.1 Automotive Traction Motor Core Industry Value Chain
10.2 Automotive Traction Motor Core Upstream Market
10.3 Automotive Traction Motor Core Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Automotive Traction Motor Core Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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