Market overview
The global automotive electric motor market is worth USD 43.2 bn in 2026 and is forecast to reach USD 97.7 bn by 2036, growing at a 8.5% CAGR. China is the largest country market and Traction motors is the largest by application segment.
| Scope | Electric motors fitted in vehicles: traction motors for hybrid and electric drive and auxiliary motors for pumps, fans, seats, windows, wipers and steering, sold to vehicle makers and suppliers. |
|---|---|
| Industry | Automotive |
| Value 2025 | USD 40.0 bn |
| Value 2026 | USD 43.2 bn |
| Value 2036 | USD 97.7 bn |
| CAGR 2026-2036 | 8.5% |
| Volume 2026 | 1,612 million units |
| Volume 2036 | 3,467 million units |
| Average price 2026 | USD 26.8 per unit |
| Report price | Starts from USD 1,999 |
| Published | November 2026 |
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Automotive Electric Motor market size and forecast, 2026-2036
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Year | Market value |
|---|---|
| 2026 | USD 43.2 bn |
| 2027 | USD 46.9 bn |
| 2028 | USD 50.9 bn |
| 2029 | USD 55.2 bn |
| 2030 | USD 59.9 bn |
| 2031 | USD 65.0 bn |
| 2032 | USD 70.5 bn |
| 2033 | USD 76.5 bn |
| 2034 | USD 83.0 bn |
| 2035 | USD 90.0 bn |
| 2036 | USD 97.7 bn |
Automotive Electric Motor market segmentation
By application
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Traction motors | 34.0% | 52.6% | USD 14.7 bn | 13.3% |
| Powertrain auxiliary | 20.0% | 14.9% | USD 8.6 bn | 5.4% |
| Body and comfort motors | 26.0% | 15.3% | USD 11.2 bn | 2.9% |
| Thermal and fluid pumps | 20.0% | 17.2% | USD 8.6 bn | 6.9% |
By motor type
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Permanent magnet synchronous | 42.0% | 55.1% | USD 18.1 bn | 11.5% |
| Brushed DC | 20.0% | 10.0% | USD 8.6 bn | 1.2% |
| Brushless DC | 26.0% | 25.9% | USD 11.2 bn | 8.5% |
| Induction and other | 12.0% | 9.0% | USD 5.2 bn | 5.5% |
By power rating
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Up to 1 kW | 44.0% | 34.0% | USD 19.0 bn | 5.7% |
| 1 to 30 kW | 16.0% | 14.0% | USD 6.9 bn | 7.1% |
| 30 to 100 kW | 22.0% | 26.0% | USD 9.5 bn | 10.3% |
| Above 100 kW | 18.0% | 26.0% | USD 7.8 bn | 12.6% |
By propulsion
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Internal combustion | 60.0% | 34.0% | USD 25.9 bn | 2.5% |
| Hybrid | 20.0% | 20.0% | USD 8.6 bn | 8.5% |
| Battery electric | 20.0% | 46.0% | USD 8.6 bn | 17.9% |
By cooling method
| Segment | Share 2026 | Share 2036 | Value 2026 | CAGR 2026-36 |
|---|---|---|---|---|
| Air-cooled | 52.0% | 40.0% | USD 22.5 bn | 5.7% |
| Liquid-cooled | 40.0% | 48.0% | USD 17.3 bn | 10.5% |
| Oil spray cooled | 8.0% | 12.0% | USD 3.5 bn | 13.0% |
Top 25 countries for automotive electric motor by revenue
Countries are ranked by revenue earned from sales in the country, not by where the product is made. The ten largest hold 88.0% of 2026 revenue and the 25 countries below together hold 97.8%.
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
| # | Country | Value 2026 | Share 2026 | Value 2036 | CAGR 2026-36 |
|---|---|---|---|---|---|
| 1 | China | USD 15.6 bn | 36.0% | USD 40.9 bn | 10.2% |
| 2 | United States | USD 6.0 bn | 14.0% | USD 11.5 bn | 6.7% |
| 3 | Japan | USD 3.5 bn | 8.0% | USD 5.5 bn | 4.7% |
| 4 | Germany | USD 3.5 bn | 8.0% | USD 6.3 bn | 6.1% |
| 5 | India | USD 2.2 bn | 5.0% | USD 6.5 bn | 11.7% |
| 6 | South Korea | USD 2.2 bn | 5.0% | USD 4.5 bn | 7.6% |
| 7 | Mexico | USD 1.5 bn | 3.5% | USD 3.3 bn | 8.2% |
| 8 | France | USD 1.3 bn | 3.0% | USD 2.2 bn | 5.7% |
| 9 | Brazil | USD 1.3 bn | 3.0% | USD 2.6 bn | 7.4% |
| 10 | Thailand | USD 1.1 bn | 2.5% | USD 2.3 bn | 8.1% |
| 11 | United Kingdom | USD 432 mn | 1.0% | USD 987 mn | 8.6% |
| 12 | Canada | USD 423 mn | 1.0% | USD 928 mn | 8.2% |
| 13 | Netherlands | USD 337 mn | 0.8% | USD 733 mn | 8.1% |
| 14 | Italy | USD 337 mn | 0.8% | USD 733 mn | 8.1% |
| 15 | Sweden | USD 320 mn | 0.7% | USD 733 mn | 8.7% |
| 16 | Turkey | USD 307 mn | 0.7% | USD 830 mn | 10.5% |
| 17 | Indonesia | USD 289 mn | 0.7% | USD 781 mn | 10.4% |
| 18 | Norway | USD 276 mn | 0.6% | USD 606 mn | 8.2% |
| 19 | Spain | USD 272 mn | 0.6% | USD 606 mn | 8.3% |
| 20 | Australia | USD 251 mn | 0.6% | USD 537 mn | 7.9% |
| 21 | Poland | USD 233 mn | 0.5% | USD 606 mn | 10.0% |
| 22 | Switzerland | USD 203 mn | 0.5% | USD 449 mn | 8.3% |
| 23 | Taiwan | USD 203 mn | 0.5% | USD 488 mn | 9.2% |
| 24 | Denmark | USD 168 mn | 0.4% | USD 371 mn | 8.2% |
| 25 | Vietnam | USD 168 mn | 0.4% | USD 440 mn | 10.1% |
| Rest of world | USD 963 mn | 2.2% | USD 2.1 bn | 8.1% |
Source: Compare Market Research analysis.
© 2026 Compare Market Research. All rights reserved.
Competitive landscape
Group 1: Global leaders
- Nidec
- Bosch
- Denso
- Valeo
- ZF
- BorgWarner
- Hitachi Astemo
- Schaeffler
Group 2: Regional and specialist players
- Johnson Electric
- Mitsuba
- Brose
- Mabuchi Motor
- Mitsubishi Electric
- Hyundai Mobis
- Mahle
- Marelli
- Jing-Jin Electric
Group 3: Emerging and niche players
- YASA
- Equipmake
- Inovance
- Magnax
- Turntide Technologies
- Exro Technologies
- Infinitum Electric
Research methodology
Every figure on this page comes from the research framework that we apply to all of the markets we cover. The 2025 base for the automotive electric motor market is built from the volume sold and the price that buyers pay, and is cross-checked against the size of the wider industry the market belongs to. Where a market can be sized in more than one way, the routes are compared before a figure is set.
The forecast runs year by year from the 2025 base to 2036. Growth in each year reflects demand from the industries that buy the product, adoption of new technology, pricing, regulation and replacement cycles. Volume and price are modelled together, so revenue in each year equals volume multiplied by average price. The 2026 to 2036 compound annual growth rate of 8.5% is calculated from the resulting values.
The market is divided by application, by motor type, by power rating, by propulsion, by cooling method. The 25 largest countries are ranked by revenue earned from sales to buyers in each country, not by where the product is made. Segment values and country values add up to the market total in every year, and every report is checked for consistency before it is published.
Companies are placed in three groups: global leaders, regional and specialist players, and emerging and niche players. The groups describe how companies compete in the market. They are not a ranking and they are not market shares.
Our analysts also carry out primary research. Customized reports add interviews with key opinion leaders, such as senior executives, technical specialists and buyers, to test the assumptions behind the numbers for the question being asked.
Frequently asked questions
How big is the automotive electric motor market?
The global automotive electric motor market is estimated at USD 40.0 bn in 2025 and USD 43.2 bn in 2026.
How fast will the automotive electric motor market grow?
It is forecast to reach USD 97.7 bn by 2036, a compound annual growth rate of 8.5% from 2026, an increase of USD 54.5 bn.
Which country is the largest market for automotive electric motor?
China is the largest market by revenue at USD 15.6 bn in 2026, 36.0% of the global total. The three largest countries together hold 58.0%.
Which country is growing fastest?
Among the ten largest markets, India is growing fastest at 11.7% a year from 2026 to 2036.
Which automotive electric motor segment is largest?
In the by application split, Traction motors is the largest segment with 34.0% of 2026 revenue.
Who are the leading automotive electric motor companies?
Global leaders include Nidec, Bosch, Denso, Valeo.
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