The global Automotive Traction Motor Core market was valued at 338.61 Million USD in 2021 and will grow with a CAGR of 21.63% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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. Key players in the market include Mitsui High-tec, Yutaka Giken, Kienle Spiess, Shiri Electromechanical Technology, Tempel Steel Co, Toyota Boshoku Corporation, Suzhou Fine-stamping, Foshan AOYA Mechanical, POSCO and Kuroda Precision. These players account for over 75.5% of total revenue. Manufacturers producing Automotive Traction Motor Core are mainly from Asia, such as Japan and China. Permanent Magnet Motor Cores represent the largest share of the worldwide Automotive Traction Motor Core market, and are used widely in many fields. In 2020, Permanent Magnet Motor Cores accounted for a share of 75.1% in the global Automotive Traction Motor Core market. HEV is projected to be the largest application of Automotive Traction Motor Core during the forecast period.

By Market Verdors:

Mitsui High-tec

Yutaka Giken

Kienle Spiess

Shiri Electromechanical Technology

Tempel Steel Co

Toyota Boshoku Corporation

Suzhou Fine-stamping

Foshan AOYA Mechanical

POSCO

Kuroda Precision

By Types:

Permanent Magnet Motor Cores

AC Induction Motor Cores

By Applications:

HEV

EV

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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