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Europe Electric Vehicle Motors Market Size, Share, Analysis: By Motor Type: AC Motor, DC Motors; By Vehicle Type: Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), Pure Electric Vehicle (PEV); By Application: Passenger Car, Commercial Vehicles; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Global Electric Vehicle Motors Market Overview
8.1 Key Industry Highlights
8.2 Global Electric Vehicle Motors Historical Market (2018-2023)
8.3 Global Electric Vehicle Motors Market Forecast (2024-2032)
8.4 Global Electric Vehicle Motors Market Share by Region
8.4.1 North America
8.4.2 Europe
8.4.3 Asia Pacific
8.4.4 Latin America
8.4.5 Middle East and Africa
9 Europe Electric Vehicle Motors Market Overview
9.1 Key Industry Highlights
9.2 Europe Electric Vehicle Motors Historical Market (2018-2023)
9.3 Europe Electric Vehicle Motors Market Forecast (2024-2032)
10 Europe Electric Vehicle Motors Market by Motor Type
10.1 AC Motor
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 DC Motors
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
11 Europe Electric Vehicle Motors Market by Vehicle Type
11.1 Hybrid Electric Vehicle (HEV)
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Plug-in Hybrid Electric Vehicle (PHEV)
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Pure Electric Vehicle (PEV)
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
12 Europe Electric Vehicle Motors Market by Application
12.1 Passenger Car
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Commercial Vehicles
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Europe Electric Vehicle Motors Market by Country
13.1 Germany
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Kingdom
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 France
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 Italy
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators of Demand
14.4 Key Indicators of Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Continental AG
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Robert Bosch GmbH
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Siemens AG
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 O.M.E. Motori Elettrici s.r.l.
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 MAHLE GmbH
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 ABB Ltd.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 VASCAT, S.A.
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Lynch Motor Company Ltd.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Teco Electric & Machinery Co., Ltd.
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Johnson Electric Holdings Limited
15.2.10.1 Company Overview
15.2.10.2 Product Portfolio
15.2.10.3 Demographic Reach and Achievements
15.2.10.4 Certifications
15.2.11 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Electric Motors for Electric Vehicle Market: Key Industry Highlights, 2018 and 2032
2. Europe Electric Vehicle Motors Market: Key Industry Highlights, 2018 and 2032
3. Europe Electric Vehicle Motors Historical Market: Breakup by Motor Type (USD Billion), 2018-2023
4. Europe Electric Vehicle Motors Market Forecast: Breakup by Motor Type (USD Billion), 2024-2032
5. Europe Electric Vehicle Motors Historical Market: Breakup by Vehicle Type (USD Billion), 2018-2023
6. Europe Electric Vehicle Motors Market Forecast: Breakup by Vehicle Type (USD Billion), 2024-2032
7. Europe Electric Vehicle Motors Historical Market: Breakup by Application (USD Billion), 2018-2023
8. Europe Electric Vehicle Motors Market Forecast: Breakup by Application (USD Billion), 2024-2032
9. Europe Electric Vehicle Motors Historical Market: Breakup by Country (USD Billion), 2018-2023
10. Europe Electric Vehicle Motors Market Forecast: Breakup by Country (USD Billion), 2024-2032
11. Europe Electric Vehicle Motors Market Structure
Key Questions Answered in the Report
In 2023, the Europe electric vehicle motors market reached an approximate value of USD 1.51 billion.
The market is expected to grow at a CAGR of 18.20% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach USD 6.94 billion by 2032.
Rising sales of electric vehicles, government initiatives, and technological advancements are some of the major factors propelling the growth of the Europe electric vehicle motors market.
Key trends aiding the market are increasing focus on high-power motors, development of in-wheel motors technology, and the growing focus on minimising carbon emissions.
AC motors are commonly used in EVs as they offer better efficiency and are easier to control. However, DC motors are used in smaller electric cars.
EV motors are commonly 400-volt systems, but EV manufacturers are shifting to 800-volt motors in their latest EVs.
The countries covered in the market include Germany, United Kingdom, France, and Italy.
Some of the applications considered in the market are passenger cars and commercial vehicles.
Key players in the market are Continental AG, Robert Bosch GmbH, Siemens AG, O.M.E. Motori Elettrici s.r.l., MAHLE GmbH, ABB Ltd., VASCAT, S.A., Lynch Motor Company Ltd., Teco Electric & Machinery Co., Ltd., and Johnson Electric Holdings Limited, among others.
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