Global and United States Electric Vehicle Traction Motor Core Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States Electric Vehicle Traction Motor Core Market
This report focuses on global and United States Electric Vehicle Traction Motor Core market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Electric Vehicle Traction Motor Core market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, by Type, Permanent Magnet Motor Cores accounting for % of the Electric Vehicle Traction Motor Core global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, PHEV was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
In United States the Electric Vehicle Traction Motor Core market size is expected to grow from US$ million in 2021 to US$ million by 2028, at a CAGR of % during the forecast period.
Global Electric Vehicle Traction Motor Core Scope and Market Size
Electric Vehicle Traction Motor Core market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Electric Vehicle Traction Motor Core market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Electric Vehicle Traction Motor Core market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Permanent Magnet Motor Cores
AC Induction Motor Cores
Segment by Application
PHEV
BEV
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
Mitsui High-tec
Yutaka Giken
Kienle Spiess
Shiri Electromechanical Technology
Tempel Steel
Toyota Boshoku Corporation
Suzhou Fine-stamping
Foshan AOYA Mechanical
POSCO
Kuroda Precision