Automotive Induction Motor Market

Induction motors are a type of motors used earlier in electric vehicle driving. Due to their simple structure, ruggedness, low cost, reliable operation, no position sensor, and high speed limits, the most important thing is that the induction motor speed control technology is mature , Which makes it have obvious advantages, so induction motors have become the first choice for most AC-driven electric vehicles.
Automotive Induction Motor Market contains market size and forecasts of Automotive Induction Motor in global, including the following market information:
Global Automotive Induction Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Induction Motor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Induction Motor companies in 2021 (%)
The global Automotive Induction Motor 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.
DC Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Induction Motor include WEG Electric Corp, ABB Ltd, Emerson Electric Co, Nidec Motor Corporation, Siemens AG, Tesla Inc, ARC Systems, Ramco Electric Motos and Toshiba, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Induction Motor 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 Automotive Induction Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Induction Motor Market Segment Percentages, by Type, 2021 (%)
DC Motor
AC Motor
Global Automotive Induction Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Induction Motor Market Segment Percentages, by Application, 2021 (%)
OEM
After Market
Global Automotive Induction Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Induction Motor 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 Automotive Induction Motor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Induction Motor revenues share in global market, 2021 (%)
Key companies Automotive Induction Motor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Induction Motor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
WEG Electric Corp
ABB Ltd
Emerson Electric Co
Nidec Motor Corporation
Siemens AG
Tesla Inc
ARC Systems
Ramco Electric Motos
Toshiba
Rockwell Automation
Ametek
Regal Beloit
Johnson Electric
Allied Motion Technologies
Faulhaber Group
General Electric