Report overview
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.
This report 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. This report 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.