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 contains market size and forecasts of Car Traction Motor Core in global, including the following market information:
Global Car Traction Motor Core Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Car Traction Motor Core Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Car Traction Motor Core companies in 2021 (%)
The global Car Traction Motor Core market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Permanent Magnet Motor Cores Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Car Traction Motor Core include Mitsui High-tec, Yutaka Giken, Kienle Spiess, Shiri Electromechanical Technology, Tempel Steel, Toyota Boshoku Corporation, Suzhou Fine-stamping, Foshan AOYA Mechanical and POSCO and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Car 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 Car Traction Motor Core Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Traction Motor Core Market Segment Percentages, by Type, 2021 (%)
Permanent Magnet Motor Cores
AC Induction Motor Cores
Global Car Traction Motor Core Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Traction Motor Core Market Segment Percentages, by Application, 2021 (%)
PHEV
BEV
HEV
Global Car Traction Motor Core Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Car Traction Motor Core Market Segment Percentages, By Region and Country, 2021 (%)
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 Car Traction Motor Core revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Car Traction Motor Core revenues share in global market, 2021 (%)
Key companies Car Traction Motor Core sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Car Traction Motor Core sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mitsui High-tec
Yutaka Giken
Kienle Spiess
Shiri Electromechanical Technology
Tempel Steel
Toyota Boshoku Corporation
Suzhou Fine-stamping
Foshan AOYA Mechanical
POSCO
Kuroda Precision