A comprehensive study exploring emerging market pathways on, “Electric Vehicle [EV] Motor Market Size, Share, Growth Opportunity Analysis Report by Motor Type (AC Motors (Induction Motors and Permanent Magnet Synchronous Motors (PMSM)), DC Motors (Brushed DC Motors and Brushless DC Motors (BLDC)), Motor Configuration, Power Rating, Component, Assembly Type, Electric Vehicle Type, Sales Channel and Geography (North America, Europe, Asia Pacific, Middle East, Africa, and South America) – Global Industry Data, Trends, and Forecasts, 2025–2035” An In‑depth study examining emerging pathways in the electric vehicle [EV] motor market identifies critical enablers from localized R&D and supply-chain agility to digital integration and regulatory convergence positioning electric vehicle [EV] motor market for sustained international growth.
Global Electric Vehicle [EV] Motor Market Forecast 2035:
According to the report, the global electric vehicle [EV] motor market is likely to grow from USD 14.3 Billion in 2025 to USD 34.5 Billion in 2035 at a highest CAGR of 9.2% during the time period. Rapidly increasing use of electric mobility solutions, increasing investments in charging infrastructure and ongoing development of motor efficiency and thermal management systems are the key factors that influence the development of the global electric vehicle (EV) motor market. Growing environmental worries and rising emission standards in different regions are forcing auto manufacturers to switch to electrification of powertrains instead of the internal combustion engines. Adoption is further accelerating due to the emergence of motor technologies that do not require rare-earths, and the creation of next-generation traction motors with an extremely dense torque.
Moreover, performance and energy losses are being improved by the incorporation of silicon carbide (SiC) and gallium nitride (GaN) semiconductors in motor inverters, which is increasing the market base. The current OEM to Tier-1 supplier partnerships to localize the production of EV motors and minimize reliance on imports add more competitiveness to the industry. The combination of such factors guarantees the stable electric vehicle (EV) motor market growth and its technological development all over the world.
“Key Driver, Restraint, and Growth Opportunity Shaping the Global Electric Vehicle [EV] Motor Market”
The key factors that contributed to the development of the electric vehicle (EV) motor market globally is the explosion of fast-charging networks and innovations in battery technologies that contribute positively to the effectiveness and performance of the former. EV motors are capable of running with higher torque and longer driving ranges because of improved energy density and shortened charging time. In April 2025, Hyundai Motor Company combined its next-generation electric motor system with 800 V ultra-fast charging with its IONIQ 7 to allow its motor to be more efficient and recover energy more quickly.
Dependence on rare-earth magnets and copper is also a major limitation to the electric vehicle (EV) motor market, as these materials are prone to drops in supply chains and fluctuating prices. Such materials are important in the production of high-performance motors. In February 2025, Nidec Corporation said that the spike in the prices of rare-earth was adding to the production costs, which in turn affected the profit margins and affordability of motors.
The opportunities are the increased adoption of the axial flux motor technology which is small in size and with a lightweight design and density of power than the conventional radial motors. In June 2025, YASA Limited (mercury of Mercedes-Benz) stated that it would increase the manufacture of axial flux motors in next-generation electric sports cars, to develop new prospects of efficient, high-performance EV propulsion systems.
"Impact of Global Tariff Policies on the Electric Vehicle [EV] Motor Market Growth and Strategy"
The rates of tariffs have a considerable influence in the global electric vehicle (EV) motor market because they directly influence the cost model and competitiveness of motor producers and EV-makers. When there is a high tariff imposed on the importation of EV components such as the electric motors, the cost of production may be influenced and thus restrict the prices of electric vehicles in market segments that are price sensitive. This tends to put manufacturers in a difficult situation as it will either have to incur extra costs thus lowering the profit margins or transfer the costs to the consumer hence reducing the rate at which the EV will be adopted.
In May 2025, the United States government declared to impose additional tariffs on Chinese-made electric devices, batteries up to 25 percent in order to motivate the local manufacturing but thus increasing expenses among the automakers with Chinese supply chains.
Competitive firms are in turn responding by localizing their production and establishing strategic alliances as a way of reducing the risks that tariffs present and ensuring their supply chains are not affected. As an example, Nidec Corporation declared it would increase its production capacity of EV motors into India and Europe in July 2025 to avoid trade obstacles and decrease reliance on Chinese imports. These forms of diversification in manufacturing across the regions serve to reduce the effects of tariffs and stabilize the supply chains.
Tariff measures are hastening regional production policies and re-organizing global supply chains, which facilitates localized manufacturing at the expense of heightened cost pressures in the short-term in the electric vehicle (EV) motor market.
Expansion of Global Electric Vehicle [EV] Motor Market
“Key Factors Driving Expansion of the Global Electric Vehicle [EV] Motor Market”
Regional Analysis of Global Electric Vehicle [EV] Motor Market
Prominent players operating in the global electric vehicle [EV] motor market are Allied Motion Technologies Inc., BorgWarner Inc., BYD Company Ltd., Continental AG, Denso Corporation, Hitachi Astemo, Ltd., Johnson Electric Holdings Limited, Magna International Inc., Mahle GmbH, Marelli Holdings Co., Ltd., Mitsubishi Electric Corporation, Nidec Corporation, Parker Hannifin Corporation, Robert Bosch GmbH, Siemens AG, Tesla, Inc., Toshiba Corporation, Valeo SA, YASA Limited, ZF Friedrichshafen AG, and Other Key Players.
The global electric vehicle [EV] motor market has been segmented as follows:
Global Electric Vehicle [EV] Motor Market Analysis, by Motor Type
Global Electric Vehicle [EV] Motor Market Analysis, by Motor Configuration
Global Electric Vehicle [EV] Motor Market Analysis, by Power Rating
Global Electric Vehicle [EV] Motor Market Analysis, by Component
Global Electric Vehicle [EV] Motor Market Analysis, by Assembly Type
Global Electric Vehicle [EV] Motor Market Analysis, by Electric Vehicle Type
Global Electric Vehicle [EV] Motor Market Analysis, by Sales Channel
Global Electric Vehicle [EV] Motor Market Analysis, by Region
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