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Description
The drive motor or 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 Others, whereas like poles repel. Consisting of a stator and a rotor, a motor core plays a pivotal role in generating electricity within a motor.
The global Electric Vehicle Drive Motor Cores market was valued at US$ 3310 million in 2023 and is anticipated to reach US$ 8214 million by 2030, witnessing a CAGR of 13.5% during the forecast period 2024-2030.
Electric Vehicle Drive Motor Cores Market Size(US$)
M= millions and B=billions

Governments around the world are offering subsidies, tax rebates, and incentives to promote the adoption of EVs, which directly boosts the demand for automotive drive motor cores. Emerging economies, particularly in Asia-Pacific and Latin America, are experiencing increased EV adoption. Governments in these regions are implementing policies and infrastructure improvements that support the growth of EVs, creating new opportunities for motor core manufacturers.
The expansion of EV models, including sedans, SUVs, trucks, and even commercial vehicles, is driving diverse demand for motor cores across different vehicle segments. As the EV market diversifies, there is growing demand for customized motor cores tailored to specific vehicle segments, such as luxury EVs, commercial vehicles, and even electric motorcycles. Offering specialized solutions for these segments can capture niche markets and increase revenue streams.
Continuous innovation in motor technology, including improvements in efficiency, power density, and performance, drives the demand for advanced drive motor cores. The use of advanced materials like silicon steel and amorphous metals improves the magnetic properties of motor cores, resulting in better energy efficiency and reduced energy losses.
The global key manufacturers include Mitsui High-tec, EUROTRANCIATURA, POSCO, Suzhou Fine-stamping, Tempel Steel, Hidria, Yutaka Giken, Wuxi Longsheng Technology, R.Bourgeois, Toyota Boshoku Corporation, etc. In 2023, the global top five players had a share approximately 72.0% in terms of revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle Drive Motor Cores, 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 Electric Vehicle Drive Motor Cores.
The Electric Vehicle Drive Motor Cores market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Vehicle Drive Motor Cores market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Vehicle Drive Motor Cores manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Report Metric
Details
Report Title
Global Electric Vehicle Drive Motor Cores Market Research Report 2024
Forecasted Market Size in 2030
US$ 8214 million
CAGR(2024-2030)
13.5%
Market Size Available for Years
2024-2030
Global Electric Vehicle Drive Motor Cores Companies Covered
Mitsui High-tec
EUROTRANCIATURA
POSCO
Suzhou Fine-stamping
Tempel Steel
Hidria
Yutaka Giken
Wuxi Longsheng Technology
R.Bourgeois
Toyota Boshoku Corporation
Tongda Power Technology
Feintool
Shiri Electromechanical Technology
JFE Shoji
Global Electric Vehicle Drive Motor Cores Market, by Region
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Electric Vehicle Drive Motor Cores Market, Segment by Type
Permanent Magnet Motor Core
AC Induction Motor Core
Global Electric Vehicle Drive Motor Cores Market, Segment by Application
BEV
PHEV
HEV
FCEV
Forecast Units
Million USD
Report Coverage
Revenue and volume forecast, company share, competitive landscape, growth factors and trends
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Vehicle Drive Motor Cores manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Vehicle Drive Motor Cores by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Vehicle Drive Motor Cores 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Table of Contents
1 Electric Vehicle Drive Motor Cores Market Overview
1.1 Product Definition
1.2 Electric Vehicle Drive Motor Cores by Type
1.2.1 Global Electric Vehicle Drive Motor Cores Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 Permanent Magnet Motor Core
1.2.3 AC Induction Motor Core
1.3 Electric Vehicle Drive Motor Cores by Application
1.3.1 Global Electric Vehicle Drive Motor Cores Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 BEV
1.3.3 PHEV
1.3.4 HEV
1.3.5 FCEV
1.4 Global Market Growth Prospects
1.4.1 Global Electric Vehicle Drive Motor Cores Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Electric Vehicle Drive Motor Cores Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Electric Vehicle Drive Motor Cores Production Estimates and Forecasts (2019-2030)
1.4.4 Global Electric Vehicle Drive Motor Cores Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Electric Vehicle Drive Motor Cores Production Market Share by Manufacturers (2019-2024)
2.2 Global Electric Vehicle Drive Motor Cores Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Electric Vehicle Drive Motor Cores, Industry Ranking, 2022 VS 2023
2.4 Global Electric Vehicle Drive Motor Cores Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Electric Vehicle Drive Motor Cores Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Electric Vehicle Drive Motor Cores, Manufacturing Sites & Headquarters
2.7 Global Key Manufacturers of Electric Vehicle Drive Motor Cores, Product Type & Application
2.8 Global Key Manufacturers of Electric Vehicle Drive Motor Cores, Date of Enter into This Industry
2.9 Global Electric Vehicle Drive Motor Cores Market Competitive Situation and Trends
2.9.1 Global Electric Vehicle Drive Motor Cores Market Concentration Rate
2.9.2 Global 5 and 10 Largest Electric Vehicle Drive Motor Cores Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Electric Vehicle Drive Motor Cores Production by Region
3.1 Global Electric Vehicle Drive Motor Cores Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Electric Vehicle Drive Motor Cores Production Value by Region (2019-2030)
3.2.1 Global Electric Vehicle Drive Motor Cores Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Electric Vehicle Drive Motor Cores by Region (2025-2030)
3.3 Global Electric Vehicle Drive Motor Cores Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Electric Vehicle Drive Motor Cores Production by Region (2019-2030)
3.4.1 Global Electric Vehicle Drive Motor Cores Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Electric Vehicle Drive Motor Cores by Region (2025-2030)
3.5 Global Electric Vehicle Drive Motor Cores Market Price Analysis by Region (2019-2024)
3.6 Global Electric Vehicle Drive Motor Cores Production and Value, Year-over-Year Growth
3.6.1 North America Electric Vehicle Drive Motor Cores Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Electric Vehicle Drive Motor Cores Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Electric Vehicle Drive Motor Cores Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Electric Vehicle Drive Motor Cores Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Electric Vehicle Drive Motor Cores Production Value Estimates and Forecasts (2019-2030)
4 Electric Vehicle Drive Motor Cores Consumption by Region
4.1 Global Electric Vehicle Drive Motor Cores Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Electric Vehicle Drive Motor Cores Consumption by Region (2019-2030)
4.2.1 Global Electric Vehicle Drive Motor Cores Consumption by Region (2019-2030)
4.2.2 Global Electric Vehicle Drive Motor Cores Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Electric Vehicle Drive Motor Cores Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Electric Vehicle Drive Motor Cores Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Electric Vehicle Drive Motor Cores Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Electric Vehicle Drive Motor Cores Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Netherlands
4.5 Asia Pacific
4.5.1 Asia Pacific Electric Vehicle Drive Motor Cores Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Electric Vehicle Drive Motor Cores Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Electric Vehicle Drive Motor Cores Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Electric Vehicle Drive Motor Cores Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Electric Vehicle Drive Motor Cores Production by Type (2019-2030)
5.1.1 Global Electric Vehicle Drive Motor Cores Production by Type (2019-2024)
5.1.2 Global Electric Vehicle Drive Motor Cores Production by Type (2025-2030)
5.1.3 Global Electric Vehicle Drive Motor Cores Production Market Share by Type (2019-2030)
5.2 Global Electric Vehicle Drive Motor Cores Production Value by Type (2019-2030)
5.2.1 Global Electric Vehicle Drive Motor Cores Production Value by Type (2019-2024)
5.2.2 Global Electric Vehicle Drive Motor Cores Production Value by Type (2025-2030)
5.2.3 Global Electric Vehicle Drive Motor Cores Production Value Market Share by Type (2019-2030)
5.3 Global Electric Vehicle Drive Motor Cores Price by Type (2019-2030)
6 Segment by Application
6.1 Global Electric Vehicle Drive Motor Cores Production by Application (2019-2030)
6.1.1 Global Electric Vehicle Drive Motor Cores Production by Application (2019-2024)
6.1.2 Global Electric Vehicle Drive Motor Cores Production by Application (2025-2030)
6.1.3 Global Electric Vehicle Drive Motor Cores Production Market Share by Application (2019-2030)
6.2 Global Electric Vehicle Drive Motor Cores Production Value by Application (2019-2030)
6.2.1 Global Electric Vehicle Drive Motor Cores Production Value by Application (2019-2024)
6.2.2 Global Electric Vehicle Drive Motor Cores Production Value by Application (2025-2030)
6.2.3 Global Electric Vehicle Drive Motor Cores Production Value Market Share by Application (2019-2030)
6.3 Global Electric Vehicle Drive Motor Cores Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Mitsui High-tec
7.1.1 Mitsui High-tec Electric Vehicle Drive Motor Cores Company Information
7.1.2 Mitsui High-tec Electric Vehicle Drive Motor Cores Product Portfolio
7.1.3 Mitsui High-tec Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Mitsui High-tec Main Business and Markets Served
7.1.5 Mitsui High-tec Recent Developments/Updates
7.2 EUROTRANCIATURA
7.2.1 EUROTRANCIATURA Electric Vehicle Drive Motor Cores Company Information
7.2.2 EUROTRANCIATURA Electric Vehicle Drive Motor Cores Product Portfolio
7.2.3 EUROTRANCIATURA Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.2.4 EUROTRANCIATURA Main Business and Markets Served
7.2.5 EUROTRANCIATURA Recent Developments/Updates
7.3 POSCO
7.3.1 POSCO Electric Vehicle Drive Motor Cores Company Information
7.3.2 POSCO Electric Vehicle Drive Motor Cores Product Portfolio
7.3.3 POSCO Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.3.4 POSCO Main Business and Markets Served
7.3.5 POSCO Recent Developments/Updates
7.4 Suzhou Fine-stamping
7.4.1 Suzhou Fine-stamping Electric Vehicle Drive Motor Cores Company Information
7.4.2 Suzhou Fine-stamping Electric Vehicle Drive Motor Cores Product Portfolio
7.4.3 Suzhou Fine-stamping Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Suzhou Fine-stamping Main Business and Markets Served
7.4.5 Suzhou Fine-stamping Recent Developments/Updates
7.5 Tempel Steel
7.5.1 Tempel Steel Electric Vehicle Drive Motor Cores Company Information
7.5.2 Tempel Steel Electric Vehicle Drive Motor Cores Product Portfolio
7.5.3 Tempel Steel Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Tempel Steel Main Business and Markets Served
7.5.5 Tempel Steel Recent Developments/Updates
7.6 Hidria
7.6.1 Hidria Electric Vehicle Drive Motor Cores Company Information
7.6.2 Hidria Electric Vehicle Drive Motor Cores Product Portfolio
7.6.3 Hidria Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Hidria Main Business and Markets Served
7.6.5 Hidria Recent Developments/Updates
7.7 Yutaka Giken
7.7.1 Yutaka Giken Electric Vehicle Drive Motor Cores Company Information
7.7.2 Yutaka Giken Electric Vehicle Drive Motor Cores Product Portfolio
7.7.3 Yutaka Giken Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Yutaka Giken Main Business and Markets Served
7.7.5 Yutaka Giken Recent Developments/Updates
7.8 Wuxi Longsheng Technology
7.8.1 Wuxi Longsheng Technology Electric Vehicle Drive Motor Cores Company Information
7.8.2 Wuxi Longsheng Technology Electric Vehicle Drive Motor Cores Product Portfolio
7.8.3 Wuxi Longsheng Technology Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Wuxi Longsheng Technology Main Business and Markets Served
7.8.5 Wuxi Longsheng Technology Recent Developments/Updates
7.9 R.Bourgeois
7.9.1 R.Bourgeois Electric Vehicle Drive Motor Cores Company Information
7.9.2 R.Bourgeois Electric Vehicle Drive Motor Cores Product Portfolio
7.9.3 R.Bourgeois Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.9.4 R.Bourgeois Main Business and Markets Served
7.9.5 R.Bourgeois Recent Developments/Updates
7.10 Toyota Boshoku Corporation
7.10.1 Toyota Boshoku Corporation Electric Vehicle Drive Motor Cores Company Information
7.10.2 Toyota Boshoku Corporation Electric Vehicle Drive Motor Cores Product Portfolio
7.10.3 Toyota Boshoku Corporation Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Toyota Boshoku Corporation Main Business and Markets Served
7.10.5 Toyota Boshoku Corporation Recent Developments/Updates
7.11 Tongda Power Technology
7.11.1 Tongda Power Technology Electric Vehicle Drive Motor Cores Company Information
7.11.2 Tongda Power Technology Electric Vehicle Drive Motor Cores Product Portfolio
7.11.3 Tongda Power Technology Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Tongda Power Technology Main Business and Markets Served
7.11.5 Tongda Power Technology Recent Developments/Updates
7.12 Feintool
7.12.1 Feintool Electric Vehicle Drive Motor Cores Company Information
7.12.2 Feintool Electric Vehicle Drive Motor Cores Product Portfolio
7.12.3 Feintool Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Feintool Main Business and Markets Served
7.12.5 Feintool Recent Developments/Updates
7.13 Shiri Electromechanical Technology
7.13.1 Shiri Electromechanical Technology Electric Vehicle Drive Motor Cores Company Information
7.13.2 Shiri Electromechanical Technology Electric Vehicle Drive Motor Cores Product Portfolio
7.13.3 Shiri Electromechanical Technology Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Shiri Electromechanical Technology Main Business and Markets Served
7.13.5 Shiri Electromechanical Technology Recent Developments/Updates
7.14 JFE Shoji
7.14.1 JFE Shoji Electric Vehicle Drive Motor Cores Company Information
7.14.2 JFE Shoji Electric Vehicle Drive Motor Cores Product Portfolio
7.14.3 JFE Shoji Electric Vehicle Drive Motor Cores Production, Value, Price and Gross Margin (2019-2024)
7.14.4 JFE Shoji Main Business and Markets Served
7.14.5 JFE Shoji Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Electric Vehicle Drive Motor Cores Industry Chain Analysis
8.2 Electric Vehicle Drive Motor Cores Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Electric Vehicle Drive Motor Cores Production Mode & Process
8.4 Electric Vehicle Drive Motor Cores Sales and Marketing
8.4.1 Electric Vehicle Drive Motor Cores Sales Channels
8.4.2 Electric Vehicle Drive Motor Cores Distributors
8.5 Electric Vehicle Drive Motor Cores Customers
9 Electric Vehicle Drive Motor Cores Market Dynamics
9.1 Electric Vehicle Drive Motor Cores Industry Trends
9.2 Electric Vehicle Drive Motor Cores Market Drivers
9.3 Electric Vehicle Drive Motor Cores Market Challenges
9.4 Electric Vehicle Drive Motor Cores Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Table of Figures
List of Tables
Table 1. Global Electric Vehicle Drive Motor Cores Market Value by Type, (US$ Million) & (2023 VS 2030)
Table 2. Global Electric Vehicle Drive Motor Cores Market Value by Application, (US$ Million) & (2023 VS 2030)
Table 3. Global Electric Vehicle Drive Motor Cores Production by Manufacturers (2019-2024) & (K Units)
Table 4. Global Electric Vehicle Drive Motor Cores Production Market Share by Manufacturers (2019-2024)
Table 5. Global Electric Vehicle Drive Motor Cores Production Value by Manufacturers (2019-2024) & (US$ Million)
Table 6. Global Electric Vehicle Drive Motor Cores Production Value Share by Manufacturers (2019-2024)
Table 7. Global Key Players of Electric Vehicle Drive Motor Cores, Industry Ranking, 2022 VS 2023
Table 8. Global Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Production Value in Electric Vehicle Drive Motor Cores as of 2023)
Table 9. Global Market Electric Vehicle Drive Motor Cores Average Price by Manufacturers (US$/Unit) & (2019-2024)
Table 10. Global Key Manufacturers of Electric Vehicle Drive Motor Cores, Manufacturing Sites & Headquarters
Table 11. Global Key Manufacturers of Electric Vehicle Drive Motor Cores, Product Type & Application
Table 12. Global Key Manufacturers of Electric Vehicle Drive Motor Cores, Date of Enter into This Industry
Table 13. Global Electric Vehicle Drive Motor Cores Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Global Electric Vehicle Drive Motor Cores Production Value Growth Rate by Region: 2019 VS 2023 VS 2030 (US$ Million)
Table 16. Global Electric Vehicle Drive Motor Cores Production Value (US$ Million) by Region (2019-2024)
Table 17. Global Electric Vehicle Drive Motor Cores Production Value Market Share by Region (2019-2024)
Table 18. Global Electric Vehicle Drive Motor Cores Production Value (US$ Million) Forecast by Region (2025-2030)
Table 19. Global Electric Vehicle Drive Motor Cores Production Value Market Share Forecast by Region (2025-2030)
Table 20. Global Electric Vehicle Drive Motor Cores Production Comparison by Region: 2019 VS 2023 VS 2030 (K Units)
Table 21. Global Electric Vehicle Drive Motor Cores Production (K Units) by Region (2019-2024)
Table 22. Global Electric Vehicle Drive Motor Cores Production Market Share by Region (2019-2024)
Table 23. Global Electric Vehicle Drive Motor Cores Production (K Units) Forecast by Region (2025-2030)
Table 24. Global Electric Vehicle Drive Motor Cores Production Market Share Forecast by Region (2025-2030)
Table 25. Global Electric Vehicle Drive Motor Cores Market Average Price (US$/Unit) by Region (2019-2024)
Table 26. Global Electric Vehicle Drive Motor Cores Market Average Price (US$/Unit) by Region (2025-2030)
Table 27. Global Electric Vehicle Drive Motor Cores Consumption Growth Rate by Region: 2019 VS 2023 VS 2030 (K Units)
Table 28. Global Electric Vehicle Drive Motor Cores Consumption by Region (2019-2024) & (K Units)
Table 29. Global Electric Vehicle Drive Motor Cores Consumption Market Share by Region (2019-2024)
Table 30. Global Electric Vehicle Drive Motor Cores Forecasted Consumption by Region (2025-2030) & (K Units)
Table 31. Global Electric Vehicle Drive Motor Cores Forecasted Consumption Market Share by Region (2019-2024)
Table 32. North America Electric Vehicle Drive Motor Cores Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 33. North America Electric Vehicle Drive Motor Cores Consumption by Country (2019-2024) & (K Units)
Table 34. North America Electric Vehicle Drive Motor Cores Consumption by Country (2025-2030) & (K Units)
Table 35. Europe Electric Vehicle Drive Motor Cores Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 36. Europe Electric Vehicle Drive Motor Cores Consumption by Country (2019-2024) & (K Units)
Table 37. Europe Electric Vehicle Drive Motor Cores Consumption by Country (2025-2030) & (K Units)
Table 38. Asia Pacific Electric Vehicle Drive Motor Cores Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 39. Asia Pacific Electric Vehicle Drive Motor Cores Consumption by Region (2019-2024) & (K Units)
Table 40. Asia Pacific Electric Vehicle Drive Motor Cores Consumption by Region (2025-2030) & (K Units)
Table 41. Latin America, Middle East & Africa Electric Vehicle Drive Motor Cores Consumption Growth Rate by Country: 2019 VS 2023 VS 2030 (K Units)
Table 42. Latin America, Middle East & Africa Electric Vehicle Drive Motor Cores Consumption by Country (2019-2024) & (K Units)
Table 43. Latin America, Middle East & Africa Electric Vehicle Drive Motor Cores Consumption by Country (2025-2030) & (K Units)
Table 44. Global Electric Vehicle Drive Motor Cores Production (K Units) by Type (2019-2024)
Table 45. Global Electric Vehicle Drive Motor Cores Production (K Units) by Type (2025-2030)
Table 46. Global Electric Vehicle Drive Motor Cores Production Market Share by Type (2019-2024)
Table 47. Global Electric Vehicle Drive Motor Cores Production Market Share by Type (2025-2030)
Table 48. Global Electric Vehicle Drive Motor Cores Production Value (US$ Million) by Type (2019-2024)
Table 49. Global Electric Vehicle Drive Motor Cores Production Value (US$ Million) by Type (2025-2030)
Table 50. Global Electric Vehicle Drive Motor Cores Production Value Market Share by Type (2019-2024)
Table 51. Global Electric Vehicle Drive Motor Cores Production Value Market Share by Type (2025-2030)
Table 52. Global Electric Vehicle Drive Motor Cores Price (US$/Unit) by Type (2019-2024)
Table 53. Global Electric Vehicle Drive Motor Cores Price (US$/Unit) by Type (2025-2030)
Table 54. Global Electric Vehicle Drive Motor Cores Production (K Units) by Application (2019-2024)
Table 55. Global Electric Vehicle Drive Motor Cores Production (K Units) by Application (2025-2030)
Table 56. Global Electric Vehicle Drive Motor Cores Production Market Share by Application (2019-2024)
Table 57. Global Electric Vehicle Drive Motor Cores Production Market Share by Application (2025-2030)
Table 58. Global Electric Vehicle Drive Motor Cores Production Value (US$ Million) by Application (2019-2024)
Table 59. Global Electric Vehicle Drive Motor Cores Production Value (US$ Million) by Application (2025-2030)
Table 60. Global Electric Vehicle Drive Motor Cores Production Value Market Share by Application (2019-2024)
Table 61. Global Electric Vehicle Drive Motor Cores Production Value Market Share by Application (2025-2030)
Table 62. Global Electric Vehicle Drive Motor Cores Price (US$/Unit) by Application (2019-2024)
Table 63. Global Electric Vehicle Drive Motor Cores Price (US$/Unit) by Application (2025-2030)
Table 64. Mitsui High-tec Electric Vehicle Drive Motor Cores Company Information
Table 65. Mitsui High-tec Electric Vehicle Drive Motor Cores Specification and Application
Table 66. Mitsui High-tec Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 67. Mitsui High-tec Main Business and Markets Served
Table 68. Mitsui High-tec Recent Developments/Updates
Table 69. EUROTRANCIATURA Electric Vehicle Drive Motor Cores Company Information
Table 70. EUROTRANCIATURA Electric Vehicle Drive Motor Cores Specification and Application
Table 71. EUROTRANCIATURA Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 72. EUROTRANCIATURA Main Business and Markets Served
Table 73. EUROTRANCIATURA Recent Developments/Updates
Table 74. POSCO Electric Vehicle Drive Motor Cores Company Information
Table 75. POSCO Electric Vehicle Drive Motor Cores Specification and Application
Table 76. POSCO Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 77. POSCO Main Business and Markets Served
Table 78. POSCO Recent Developments/Updates
Table 79. Suzhou Fine-stamping Electric Vehicle Drive Motor Cores Company Information
Table 80. Suzhou Fine-stamping Electric Vehicle Drive Motor Cores Specification and Application
Table 81. Suzhou Fine-stamping Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 82. Suzhou Fine-stamping Main Business and Markets Served
Table 83. Suzhou Fine-stamping Recent Developments/Updates
Table 84. Tempel Steel Electric Vehicle Drive Motor Cores Company Information
Table 85. Tempel Steel Electric Vehicle Drive Motor Cores Specification and Application
Table 86. Tempel Steel Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 87. Tempel Steel Main Business and Markets Served
Table 88. Tempel Steel Recent Developments/Updates
Table 89. Hidria Electric Vehicle Drive Motor Cores Company Information
Table 90. Hidria Electric Vehicle Drive Motor Cores Specification and Application
Table 91. Hidria Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 92. Hidria Main Business and Markets Served
Table 93. Hidria Recent Developments/Updates
Table 94. Yutaka Giken Electric Vehicle Drive Motor Cores Company Information
Table 95. Yutaka Giken Electric Vehicle Drive Motor Cores Specification and Application
Table 96. Yutaka Giken Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 97. Yutaka Giken Main Business and Markets Served
Table 98. Yutaka Giken Recent Developments/Updates
Table 99. Wuxi Longsheng Technology Electric Vehicle Drive Motor Cores Company Information
Table 100. Wuxi Longsheng Technology Electric Vehicle Drive Motor Cores Specification and Application
Table 101. Wuxi Longsheng Technology Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 102. Wuxi Longsheng Technology Main Business and Markets Served
Table 103. Wuxi Longsheng Technology Recent Developments/Updates
Table 104. R.Bourgeois Electric Vehicle Drive Motor Cores Company Information
Table 105. R.Bourgeois Electric Vehicle Drive Motor Cores Specification and Application
Table 106. R.Bourgeois Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 107. R.Bourgeois Main Business and Markets Served
Table 108. R.Bourgeois Recent Developments/Updates
Table 109. Toyota Boshoku Corporation Electric Vehicle Drive Motor Cores Company Information
Table 110. Toyota Boshoku Corporation Electric Vehicle Drive Motor Cores Specification and Application
Table 111. Toyota Boshoku Corporation Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 112. Toyota Boshoku Corporation Main Business and Markets Served
Table 113. Toyota Boshoku Corporation Recent Developments/Updates
Table 114. Tongda Power Technology Electric Vehicle Drive Motor Cores Company Information
Table 115. Tongda Power Technology Electric Vehicle Drive Motor Cores Specification and Application
Table 116. Tongda Power Technology Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 117. Tongda Power Technology Main Business and Markets Served
Table 118. Tongda Power Technology Recent Developments/Updates
Table 119. Feintool Electric Vehicle Drive Motor Cores Company Information
Table 120. Feintool Electric Vehicle Drive Motor Cores Specification and Application
Table 121. Feintool Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 122. Feintool Main Business and Markets Served
Table 123. Feintool Recent Developments/Updates
Table 124. Shiri Electromechanical Technology Electric Vehicle Drive Motor Cores Company Information
Table 125. Shiri Electromechanical Technology Electric Vehicle Drive Motor Cores Specification and Application
Table 126. Shiri Electromechanical Technology Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 127. Shiri Electromechanical Technology Main Business and Markets Served
Table 128. Shiri Electromechanical Technology Recent Developments/Updates
Table 129. JFE Shoji Electric Vehicle Drive Motor Cores Company Information
Table 130. JFE Shoji Electric Vehicle Drive Motor Cores Specification and Application
Table 131. JFE Shoji Electric Vehicle Drive Motor Cores Production (K Units), Value (US$ Million), Price (US$/Unit) and Gross Margin (2019-2024)
Table 132. JFE Shoji Main Business and Markets Served
Table 133. JFE Shoji Recent Developments/Updates
Table 134. Key Raw Materials Lists
Table 135. Raw Materials Key Suppliers Lists
Table 136. Electric Vehicle Drive Motor Cores Distributors List
Table 137. Electric Vehicle Drive Motor Cores Customers List
Table 138. Electric Vehicle Drive Motor Cores Market Trends
Table 139. Electric Vehicle Drive Motor Cores Market Drivers
Table 140. Electric Vehicle Drive Motor Cores Market Challenges
Table 141. Electric Vehicle Drive Motor Cores Market Restraints
Table 142. Research Programs/Design for This Report
Table 143. Key Data Information from Secondary Sources
Table 144. Key Data Information from Primary Sources
Table 145. Authors List of This Report
List of Figures
Figure 1. Product Picture of Electric Vehicle Drive Motor Cores
Figure 2. Global Electric Vehicle Drive Motor Cores Market Value by Type, (US$ Million) & (2023 VS 2030)
Figure 3. Global Electric Vehicle Drive Motor Cores Market Share by Type: 2023 VS 2030
Figure 4. Permanent Magnet Motor Core Product Picture
Figure 5. AC Induction Motor Core Product Picture
Figure 6. Global Electric Vehicle Drive Motor Cores Market Value by Application, (US$ Million) & (2023 VS 2030)
Figure 7. Global Electric Vehicle Drive Motor Cores Market Share by Application: 2023 VS 2030
Figure 8. BEV
Figure 9. PHEV
Figure 10. HEV
Figure 11. FCEV
Figure 12. Global Electric Vehicle Drive Motor Cores Production Value (US$ Million), 2019 VS 2023 VS 2030
Figure 13. Global Electric Vehicle Drive Motor Cores Production Value (US$ Million) & (2019-2030)
Figure 14. Global Electric Vehicle Drive Motor Cores Production Capacity (K Units) & (2019-2030)
Figure 15. Global Electric Vehicle Drive Motor Cores Production (K Units) & (2019-2030)
Figure 16. Global Electric Vehicle Drive Motor Cores Average Price (US$/Unit) & (2019-2030)
Figure 17. Electric Vehicle Drive Motor Cores Report Years Considered
Figure 18. Electric Vehicle Drive Motor Cores Production Share by Manufacturers in 2023
Figure 19. Electric Vehicle Drive Motor Cores Market Share by Company Type (Tier 1, Tier 2, and Tier 3): 2019 VS 2023
Figure 20. The Global 5 and 10 Largest Players: Market Share by Electric Vehicle Drive Motor Cores Revenue in 2023
Figure 21. Global Electric Vehicle Drive Motor Cores Production Value Comparison by Region: 2019 VS 2023 VS 2030 (US$ Million)
Figure 22. Global Electric Vehicle Drive Motor Cores Production Value Market Share by Region: 2019 VS 2023 VS 2030
Figure 23. Global Electric Vehicle Drive Motor Cores Production Comparison by Region: 2019 VS 2023 VS 2030 (K Units)
Figure 24. Global Electric Vehicle Drive Motor Cores Production Market Share by Region: 2019 VS 2023 VS 2030
Figure 25. North America Electric Vehicle Drive Motor Cores Production Value (US$ Million) Growth Rate (2019-2030)
Figure 26. Europe Electric Vehicle Drive Motor Cores Production Value (US$ Million) Growth Rate (2019-2030)
Figure 27. China Electric Vehicle Drive Motor Cores Production Value (US$ Million) Growth Rate (2019-2030)
Figure 28. Japan Electric Vehicle Drive Motor Cores Production Value (US$ Million) Growth Rate (2019-2030)
Figure 29. South Korea Electric Vehicle Drive Motor Cores Production Value (US$ Million) Growth Rate (2019-2030)
Figure 30. Global Electric Vehicle Drive Motor Cores Consumption by Region: 2019 VS 2023 VS 2030 (K Units)
Figure 31. Global Electric Vehicle Drive Motor Cores Consumption Market Share by Region: 2019 VS 2023 VS 2030
Figure 32. North America Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 33. North America Electric Vehicle Drive Motor Cores Consumption Market Share by Country (2019-2030)
Figure 34. U.S. Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 35. Canada Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 36. Europe Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 37. Europe Electric Vehicle Drive Motor Cores Consumption Market Share by Country (2019-2030)
Figure 38. Germany Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 39. France Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 40. U.K. Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 41. Italy Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 42. Netherlands Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 43. Asia Pacific Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 44. Asia Pacific Electric Vehicle Drive Motor Cores Consumption Market Share by Region (2025-2030)
Figure 45. China Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 46. Japan Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 47. South Korea Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 48. China Taiwan Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 49. Southeast Asia Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 50. India Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 51. Latin America, Middle East & Africa Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 52. Latin America, Middle East & Africa Electric Vehicle Drive Motor Cores Consumption Market Share by Country (2019-2030)
Figure 53. Mexico Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 54. Brazil Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 55. Turkey Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 56. GCC Countries Electric Vehicle Drive Motor Cores Consumption and Growth Rate (2019-2030) & (K Units)
Figure 57. Global Production Market Share of Electric Vehicle Drive Motor Cores by Type (2019-2030)
Figure 58. Global Production Value Market Share of Electric Vehicle Drive Motor Cores by Type (2019-2030)
Figure 59. Global Electric Vehicle Drive Motor Cores Price (US$/Unit) by Type (2019-2030)
Figure 60. Global Production Market Share of Electric Vehicle Drive Motor Cores by Application (2019-2030)
Figure 61. Global Production Value Market Share of Electric Vehicle Drive Motor Cores by Application (2019-2030)
Figure 62. Global Electric Vehicle Drive Motor Cores Price (US$/Unit) by Application (2019-2030)
Figure 63. Electric Vehicle Drive Motor Cores Value Chain
Figure 64. Electric Vehicle Drive Motor Cores Production Process
Figure 65. Channels of Distribution (Direct Vs Distribution)
Figure 66. Bottom-up and Top-down Approaches for This Report
Figure 67. Data TriangulationDescription
The drive motor or 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 Others, whereas like poles repel. Consisting of a stator and a rotor, a motor core plays a pivotal role in generating electricity within a motor.
The global Electric Vehicle Drive Motor Cores market was valued at US$ 3310 million in 2023 and is anticipated to reach US$ 8214 million by 2030, witnessing a CAGR of 13.5% during the forecast period 2024-2030.
Governments around the world are offering subsidies, tax rebates, and incentives to promote the adoption of EVs, which directly boosts the demand for automotive drive motor cores. Emerging economies, particularly in Asia-Pacific and Latin America, are experiencing increased EV adoption. Governments in these regions are implementing policies and infrastructure improvements that support the growth of EVs, creating new opportunities for motor core manufacturers.
The expansion of EV models, including sedans, SUVs, trucks, and even commercial vehicles, is driving diverse demand for motor cores across different vehicle segments. As the EV market diversifies, there is growing demand for customized motor cores tailored to specific vehicle segments, such as luxury EVs, commercial vehicles, and even electric motorcycles. Offering specialized solutions for these segments can capture niche markets and increase revenue streams.
Continuous innovation in motor technology, including improvements in efficiency, power density, and performance, drives the demand for advanced drive motor cores. The use of advanced materials like silicon steel and amorphous metals improves the magnetic properties of motor cores, resulting in better energy efficiency and reduced energy losses.
The global key manufacturers include Mitsui High-tec, EUROTRANCIATURA, POSCO, Suzhou Fine-stamping, Tempel Steel, Hidria, Yutaka Giken, Wuxi Longsheng Technology, R.Bourgeois, Toyota Boshoku Corporation, etc. In 2023, the global top five players had a share approximately 72.0% in terms of revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Electric Vehicle Drive Motor Cores, 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 Electric Vehicle Drive Motor Cores.
The Electric Vehicle Drive Motor Cores market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Electric Vehicle Drive Motor Cores market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Electric Vehicle Drive Motor Cores manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Electric Vehicle Drive Motor Cores manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Electric Vehicle Drive Motor Cores by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Electric Vehicle Drive Motor Cores 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
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