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Electric Vehicle Motor Market Size to Grow by USD 6.31 Bn | Evolving Opportunities with Continental AG, DENSO Corp., and Others | Technavio

NEW YORK, June 8, 2022 /PRNewswire/ -- The latest market outlook report titled Electric Vehicle (EV) Motor Market by Power Rating and Geography - Forecast and Analysis 2021-2025 has been recently added to Technavio's catalog. The report predicts the market to witness a potential growth difference of USD 6.31 Billion. The report also identifies various factors influencing the market to witness an accelerating growth momentum at a CAGR of 21.69% during the predicted period. The increasing sales of electric vehicles has been instrumental in driving the growth of the market. However, the lack of operational infrastructure in emerging markets might hamper the market growth.

Technavio has announced its latest market research report titled
Electric Vehicle (EV) Motor Market by Power Rating and Geography - Forecast and Analysis 2021-2025

View Report Sample to know more about the CAGR and YOY growth analysis

Electric Vehicle Motor Market Scope

Report Coverage


Page number


Base year


Forecast period


Growth momentum & CAGR

Accelerate at a CAGR of 21.69%

Market growth 2021-2025

$ 6.31 billion

Market structure


YoY growth (%)


Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 49%

Key consumer countries

China, US, Norway, Germany, and France

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Allied Motion Technologies Inc., Continental AG, DENSO Corp., Ford Motor Co., Hitachi Ltd., Nissan Motor Co. Ltd., Robert Bosch GmbH, Siemens AG, Toshiba Corp., and Valeo SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for the forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Download Report Sample for more insights on the scope and parent market analysis

Electric Vehicle Motor Market Vendor Landscape

The EV motor market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Competitors are focusing on differentiating their product offerings with unique value propositions to strengthen their foothold in the market.

Market vendors also have to leverage the existing growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Some of the top EV motor market players covered in the report are: 

  • Allied Motion Technologies Inc.: The company offers electric vehicle motor namely WheelMax.
  • Continental AG: The company offers drive axle for electric vehicle motor.
  • DENSO Corp.: The company offers motor generators for electric vehicle motor.
  • Ford Motor Co.: The company offers electric vehicle motor that have capacity to produce equal power to V-12 engine.
  • Hitachi Ltd.: The company offers Hybrid Electric Vehicle Motor, Hybrid Electric Vehicle Traction Motor.

Some more players covered in the report are:

  • Nissan Motor Co. Ltd.
  • Robert Bosch GmbH
  • Siemens AG
  • Toshiba Corp.
  • Valeo SA

Want to know more about the vendor product offerings, Download Sample Report Right Here!

Electric Vehicle Motor Market Segment Highlights

  • Power rating
    • MPR: The electric vehicle motor market share growth by the mid-power rating (MPR) segment will be significant during the forecast period. MPR motors are the preferred motors for use in full or plug-in hybrid powertrains and low-range pure EVs.
    • HPR
    • LPR
  • Geography
    • APAC: 49% of the market's growth will originate from APAC during the forecast period. China is the key market for electric vehicle motors in APAC. Market growth in APAC will be faster than the growth of the market in other regions. The increasing demand for EVs from countries such as China, Japan, India, Singapore, Thailand, and South Korea will facilitate the electric vehicle motor market growth in APAC over the forecast period.
    • Europe
    • North America
    • South America
    • MEA

Get Segment-wise Contribution and Statistics as your Request for your Sample Report Copy

Electric Vehicle Motor Market Value Chain Analysis

Technavio categorizes the global electric vehicle motors market as a part of the global automotive components and accessories within the global auto components market. Our report provides extensive information on the value chain analysis for the electric vehicle motor market, which vendors can leverage to gain a competitive advantage during the forecast period. Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources.

The value chain of the electric vehicle motor market includes the following core components:

  • Inputs
  • Inbound logistics
  • Operations
  • Distribution and logistics
  • Marketing and sales
  • Service
  • Industry innovations

For understanding the value chain outlook of EV motor market, Download Sample Report Right Here!

Electric Vehicle Motor Market Takeaways

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will assist electric vehicle motor market growth during the next five years
  • Estimation of the electric vehicle motor market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the electric vehicle motor market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of electric vehicle motor market, vendors

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Electric Vehicle Transmission System Market by Type and Geography - Forecast and Analysis 2021-2025

Table of Contents:

  • 1. Executive Summary                           

2. Market Landscape                             

                2.1 Market ecosystem             

                                Exhibit 01:  Parent market

                2.2 Market Characteristics      

                                Exhibit 02:  Market Characteristics

                2.3 Value chain analysis           

                                Exhibit 03:  Value chain analysis

                                2.3.1 Inputs

                                2.3.2 Inbound logistics

                                2.3.3 Operations

                                2.3.4 Outbound logistics

                                2.3.5 Marketing and sales 

                                2.3.6 Service 

                                Support activities 


3. Market Sizing                       

                3.1 Market definition

                                Exhibit 04:  Offerings of vendors included in the market definition

                3.2 Market segment analysis 

                                Exhibit 05:  Market segments

                3.3 Market size 2020 

                3.4 Market outlook: Forecast for 2020 - 2025 

                                Exhibit 06:  Global - Market size and forecast 2020 - 2025 ($ million)

                                Exhibit 07:  Global market: Year-over-year growth 2020 - 2025 (%)

4. Five Forces Analysis                          

                4.1 Five Forces Summary        

                                Exhibit 08: Five forces analysis 2020 & 2025

                4.2 Bargaining power of buyers           

                4.3 Bargaining power of suppliers       

                                Exhibit 10:  Bargaining power of suppliers

                4.4 Threat of new entrants    

                                Exhibit 11:  Threat of new entrants

                4.5 Threat of substitutes         

                4.6 Threat of rivalry   

                4.7 Market condition

                                Market condition - Five forces 2020

5. Market Segmentation by Power rating                     

                The segments covered in this chapter are: 

  • MPR
  • HPR
  • LPR
  •                 MPR has the highest growth while HPR and LPR have the lowest growth

                5.1 Market segments

                                Exhibit 15:   Power rating- Market share 2020-2025 (%)

                5.2 Comparison by Product    

                                Exhibit 16:  Comparison by Power Rating

                5.3 MPR - Market size and forecast 2020-2025               

                                Exhibit 17:  MPR - Market size and forecast 2020-2025 ($ million)

                                Exhibit 18:  MPR - Year-over-year growth 2020-2025 (%)

                5.4 HPR - Market size and forecast 2020-2025

                                Exhibit 19:  HPR - Market size and forecast 2020-2025 ($ million)

                                Exhibit 20:  HPR - Year-over-year growth 2020-2025 (%)

                5.5 LPR - Market size and forecast 2020-2025 

                                Exhibit 21:  LPR - Market size and forecast 2020-2025 ($ million)

                                Exhibit 21:  LPR - Market size and forecast 2020-2025 ($ million)

                5.6 Market opportunity by Power Rating          

                                Exhibit 23:  Market opportunity by Power Rating

6. Customer landscape                         

Technavio's customer landscape matrix comparing Drivers or price sensitivity, Adoption lifecycle, importance in customer price basket, Adoption rate and Key purchase criteria

                                Exhibit 24:  Customer landscape

7. Geographic Landscape                     

                The regions covered in the report are: 

  • North America 
  • Europe 
  • APAC 
  • South America 
  • MEA 
  •                 APAC was the largest region of the market in 2020

                7.1 Geographic segmentation

                                Exhibit 25:  Market share by geography 2020-2025 (%)

                7.2 Geographic comparison   

                                Exhibit 26:  Geographic comparison

                7.3 APAC - Market size and forecast 2020-2025              

                                Exhibit 27:  APAC - Market size and forecast 2020-2025 ($ million)

                                Exhibit 28:  APAC - Year-over-year growth 2020-2025 (%)

                7.4 Europe - Market size and forecast 2020-2025          

                                Exhibit 29:  Europe - Market size and forecast 2020-2025 ($ million)

                                Exhibit 30:  Europe - Year-over-year growth 2020-2025 (%)

                7.5 North America - Market size and forecast 2020-2025           

                                Exhibit 31:  North America - Market size and forecast 2020-2025 ($ million

                                Exhibit 32:  North America - Year-over-year growth 2020-2025 (%)

                7.6 South America - Market size and forecast 2020-2025           

                                Exhibit 33:  South America - Market size and forecast 2020-2025 ($ million)

                                Exhibit 34:  South America - Year-over-year growth 2020-2025 (%)

                7.7 MEA - Market size and forecast 2020-2025               

                                Exhibit 35:  MEA - Market size and forecast 2020-2025 ($ million)

                                Exhibit 36:  MEA - Year-over-year growth 2020-2025 (%)

                7.9 Market opportunity by geography

                                Exhibit 38:  Market opportunity by geography ($ million)

8. Drivers, Challenges, and Trends                   

                8.1 Market drivers     

                                8.1.1 Increasing sales of EVs

                                8.1.2 Declining prices of lithium-ion batteries

                                8.1.3 Increasing average miles driven by EVs on a single charge

                8.2 Market challenges              

                                8.2.1 Lack of operational infrastructure in emerging markets

                                8.2.2 High cost of ownership for EVs as compared with ICE vehicles

                                8.2.3 Consumers' reluctance to purchase EVs due to range anxiety

                                Exhibit 39:  Impact of drivers and challenges

                8.3 Market trends      

                                8.3.1 OEMs focusing on connected EVs

                                8.3.2 Growing trend of multi-speed transmission in EVs

                                8.3.3 Automakers involved in production of in-house electric motors

9. Vendor Landscape                             

                10.1 Competitive scenario      

                10.2 Vendor landscape            

                                Exhibit 40:  Vendor landscape

                10.3 Landscape disruption      

                                Exhibit 41:  Landscape disruption

                10.4 Industry risks      

                                Exhibit 42:  Industry risks

10. Vendor Analysis               

                10.1 Vendors covered              

                                Exhibit 43:  Vendors covered

                10.2 Market positioning of vendors    

                                Exhibit 44:  Market positioning of vendors

                10.3 Allied Motion Technologies Inc. 

                                Exhibit 45:  Allied Motion Technologies Inc. - Overview

                                Exhibit 46:  Allied Motion Technologies Inc. - Business segments

                                Exhibit 47:  Allied Motion Technologies Inc. - Key offerings

                10.4 Continental AG  

                                Exhibit 48:  Continental AG - Overview

                                Exhibit 49:  Continental AG- Key news

                                Exhibit 50:  Continental AG - Key offerings

                10.5 DENSO Corp.      

                                Exhibit 51:  DENSO Corp. - Overview

                                Exhibit 52:  DENSO Corp. - Key news

                                Exhibit 53:  DENSO Corp. - Key offerings

                10.6 Ford Motor Co.  

                                Exhibit 54:  Ford Motor Co. - Overview

                                Exhibit 55:  Ford Motor Co. - Business segments

                                Exhibit 56:  Ford Motor Co. - Key offerings

                                Exhibit 57:  Ford Motor Co. - Segment focus

                10.7 Hitachi Ltd.          

                                Exhibit 58:  Hitachi Ltd.  - Overview

                                Exhibit 59:  Hitachi Ltd.  - Business segments

                                Exhibit 60:  Hitachi Ltd.  - Key offerings

                                Exhibit 61:  Hitachi Ltd.  - Segment focus

                10.8 Nissan Motor Co. Ltd.     

                                Exhibit 62:  Nissan Motor Co. Ltd. - Overview

                                Exhibit 63:  Nissan Motor Co. Ltd. - Business segments

                                Exhibit 64:  Nissan Motor Co. Ltd. - Key news

                                Exhibit 65:  Nissan Motor Co. Ltd. - Key offerings

                                Exhibit 66:  Nissan Motor Co. Ltd. - Segment focus

                10.9 Robert Bosch GmbH        

                                Exhibit 67:  Robert Bosch GmbH - Overview

                                Exhibit 68:  Robert Bosch GmbH - Business segments

                                Exhibit 69:  Robert Bosch GmbH - Key offerings

                                Exhibit 70:  Robert Bosch GmbH - Segment focus

                10.10 Siemens AG     

                                Exhibit 71:  Siemens AG - Overview

                                Exhibit 72:  Siemens AG - Business segments

                                Exhibit 73: Siemens AG - Key news

                                Exhibit 74:  Siemens AG - Key offerings

                                Exhibit 75:  Siemens AG - Segment focus

                10.11 Toshiba Corp.  

                                Exhibit 76:  Toshiba Corp. - Overview

                                Exhibit 77:  Toshiba Corp. - Business segments

                                Exhibit 78:  Toshiba Corp. - Key offerings

                                Exhibit 79:  Toshiba Corp. - Segment focus

                10.12 Valeo SA            

                                Exhibit 80:  Valeo SA - Overview

                                Exhibit 81:  Valeo SA - Business segments

                                Exhibit 82:  Valeo SA - Key offerings

                                Exhibit 83:  Valeo SA - Segment focus

11. Appendix                            

                11.1 Scope of the report         

                                11.1.1 Market definition

                                11.1.2 Objectives

                                11.1.3 Notes and caveats

                11.2 Currency conversion rates for US$            

                                Exhibit 84: Currency conversion rates for US$

                11.3 Research Methodology 

                                Exhibit 85: Research Methodology

                                Exhibit 86: Validation techniques employed for market sizing

                                Exhibit 87: Information sources

                11.4 List of abbreviations        

                                Exhibit 88: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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