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Automobile & Transportation Global EV & HEV Traction Motor Cores Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032

  • RnM4672227
    • |
  • 16 February, 2026
    • |
  • Global
    • |
  • 110 Pages
    • |
  • GIR
    • |
  • Automobile & Transportation

According to our (Global Info Research) latest study, the global EV & HEV Traction Motor Cores market size was valued at US$ 4236 million in 2025 and is forecast to a readjusted size of US$ 10805 million by 2032 with a CAGR of 13.8% during review period.
In 2025, the global production of EV & HEV Traction Motor Cores reached approximately 38,093.3 K units, with an average price of US$ 108.1 per unit.
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 Others, whereas like poles repel. Consisting of a stator and a rotor, a motor core plays a pivotal role in generating electricity within a motor.
Governments around the world are offering subsidies, tax rebates, and incentives to promote the adoption of EVs, which directly boosts the demand for automotive drive motor cores. Emerging economies, particularly in Asia-Pacific and Latin America, are experiencing increased EV adoption. Governments in these regions are implementing policies and infrastructure improvements that support the growth of EVs, creating new opportunities for motor core manufacturers.
The expansion of EV models, including sedans, SUVs, trucks, and even commercial vehicles, is driving diverse demand for motor cores across different vehicle segments. As the EV market diversifies, there is growing demand for customized motor cores tailored to specific vehicle segments, such as luxury EVs, commercial vehicles, and even electric motorcycles. Offering specialized solutions for these segments can capture niche markets and increase revenue streams.
Continuous innovation in motor technology, including improvements in efficiency, power density, and performance, drives the demand for advanced drive motor cores. The use of advanced materials like silicon steel and amorphous metals improves the magnetic properties of motor cores, resulting in better energy efficiency and reduced energy losses.
The global key manufacturers of EV & HEV Traction Motor Cores include Mitsui High-tec, EUROTRANCIATURA, POSCO, Suzhou Fine-stamping, Hidria, Tempel Steel, Wuxi Longsheng Technology, Yutaka Giken, R.Bourgeois, Huaxin Precision, etc. In 2025, the global top five players had a share approximately 61.64% in terms of revenue.
This report is a detailed and comprehensive analysis for global EV & HEV Traction Motor Cores market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global EV & HEV Traction Motor Cores market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global EV & HEV Traction Motor Cores market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global EV & HEV Traction Motor Cores market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2021-2032
Global EV & HEV Traction Motor Cores market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2021-2026
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for EV & HEV Traction Motor Cores
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global EV & HEV Traction Motor Cores market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Mitsui High-tec, EUROTRANCIATURA, POSCO, Suzhou Fine-stamping, Hidria, Tempel Steel, Wuxi Longsheng Technology, Yutaka Giken, R.Bourgeois, Huaxin Precision, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
EV & HEV Traction Motor Cores market is split by Type and by Application. For the period 2021-2032, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Permanent Magnet Motor Cores
AC Induction Motor Cores
Market segment by Technology
Welding
Interlock
Bonded
Market segment by Application
BEV
PHEV
HEV
Major players covered
Mitsui High-tec
EUROTRANCIATURA
POSCO
Suzhou Fine-stamping
Hidria
Tempel Steel
Wuxi Longsheng Technology
Yutaka Giken
R.Bourgeois
Huaxin Precision
Shiri Electromechanical Technology
Tongda Power Technology
Toyota Boshoku Corporation
Feintool
JFE Shoji
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe EV & HEV Traction Motor Cores product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of EV & HEV Traction Motor Cores, with price, sales quantity, revenue, and global market share of EV & HEV Traction Motor Cores from 2021 to 2026.
Chapter 3, the EV & HEV Traction Motor Cores competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the EV & HEV Traction Motor Cores breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2021 to 2032.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2021 to 2032.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2021 to 2026.and EV & HEV Traction Motor Cores market forecast, by regions, by Type, and by Application, with sales and revenue, from 2027 to 2032.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of EV & HEV Traction Motor Cores.
Chapter 14 and 15, to describe EV & HEV Traction Motor Cores sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global EV & HEV Traction Motor Cores Consumption Value by Type: 2021 Versus 2025 Versus 2032
    • 1.3.2 Permanent Magnet Motor Cores
    • 1.3.3 AC Induction Motor Cores
  • 1.4 Market Analysis by Technology
    • 1.4.1 Overview: Global EV & HEV Traction Motor Cores Consumption Value by Technology: 2021 Versus 2025 Versus 2032
    • 1.4.2 Welding
    • 1.4.3 Interlock
    • 1.4.4 Bonded
  • 1.5 Market Analysis by Application
    • 1.5.1 Overview: Global EV & HEV Traction Motor Cores Consumption Value by Application: 2021 Versus 2025 Versus 2032
    • 1.5.2 BEV
    • 1.5.3 PHEV
    • 1.5.4 HEV
  • 1.6 Global EV & HEV Traction Motor Cores Market Size & Forecast
    • 1.6.1 Global EV & HEV Traction Motor Cores Consumption Value (2021 & 2025 & 2032)
    • 1.6.2 Global EV & HEV Traction Motor Cores Sales Quantity (2021-2032)
    • 1.6.3 Global EV & HEV Traction Motor Cores Average Price (2021-2032)

2 Manufacturers Profiles

  • 2.1 Mitsui High-tec
    • 2.1.1 Mitsui High-tec Details
    • 2.1.2 Mitsui High-tec Major Business
    • 2.1.3 Mitsui High-tec EV & HEV Traction Motor Cores Product and Services
    • 2.1.4 Mitsui High-tec EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.1.5 Mitsui High-tec Recent Developments/Updates
  • 2.2 EUROTRANCIATURA
    • 2.2.1 EUROTRANCIATURA Details
    • 2.2.2 EUROTRANCIATURA Major Business
    • 2.2.3 EUROTRANCIATURA EV & HEV Traction Motor Cores Product and Services
    • 2.2.4 EUROTRANCIATURA EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.2.5 EUROTRANCIATURA Recent Developments/Updates
  • 2.3 POSCO
    • 2.3.1 POSCO Details
    • 2.3.2 POSCO Major Business
    • 2.3.3 POSCO EV & HEV Traction Motor Cores Product and Services
    • 2.3.4 POSCO EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.3.5 POSCO Recent Developments/Updates
  • 2.4 Suzhou Fine-stamping
    • 2.4.1 Suzhou Fine-stamping Details
    • 2.4.2 Suzhou Fine-stamping Major Business
    • 2.4.3 Suzhou Fine-stamping EV & HEV Traction Motor Cores Product and Services
    • 2.4.4 Suzhou Fine-stamping EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.4.5 Suzhou Fine-stamping Recent Developments/Updates
  • 2.5 Hidria
    • 2.5.1 Hidria Details
    • 2.5.2 Hidria Major Business
    • 2.5.3 Hidria EV & HEV Traction Motor Cores Product and Services
    • 2.5.4 Hidria EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.5.5 Hidria Recent Developments/Updates
  • 2.6 Tempel Steel
    • 2.6.1 Tempel Steel Details
    • 2.6.2 Tempel Steel Major Business
    • 2.6.3 Tempel Steel EV & HEV Traction Motor Cores Product and Services
    • 2.6.4 Tempel Steel EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.6.5 Tempel Steel Recent Developments/Updates
  • 2.7 Wuxi Longsheng Technology
    • 2.7.1 Wuxi Longsheng Technology Details
    • 2.7.2 Wuxi Longsheng Technology Major Business
    • 2.7.3 Wuxi Longsheng Technology EV & HEV Traction Motor Cores Product and Services
    • 2.7.4 Wuxi Longsheng Technology EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.7.5 Wuxi Longsheng Technology Recent Developments/Updates
  • 2.8 Yutaka Giken
    • 2.8.1 Yutaka Giken Details
    • 2.8.2 Yutaka Giken Major Business
    • 2.8.3 Yutaka Giken EV & HEV Traction Motor Cores Product and Services
    • 2.8.4 Yutaka Giken EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.8.5 Yutaka Giken Recent Developments/Updates
  • 2.9 R.Bourgeois
    • 2.9.1 R.Bourgeois Details
    • 2.9.2 R.Bourgeois Major Business
    • 2.9.3 R.Bourgeois EV & HEV Traction Motor Cores Product and Services
    • 2.9.4 R.Bourgeois EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.9.5 R.Bourgeois Recent Developments/Updates
  • 2.10 Huaxin Precision
    • 2.10.1 Huaxin Precision Details
    • 2.10.2 Huaxin Precision Major Business
    • 2.10.3 Huaxin Precision EV & HEV Traction Motor Cores Product and Services
    • 2.10.4 Huaxin Precision EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.10.5 Huaxin Precision Recent Developments/Updates
  • 2.11 Shiri Electromechanical Technology
    • 2.11.1 Shiri Electromechanical Technology Details
    • 2.11.2 Shiri Electromechanical Technology Major Business
    • 2.11.3 Shiri Electromechanical Technology EV & HEV Traction Motor Cores Product and Services
    • 2.11.4 Shiri Electromechanical Technology EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.11.5 Shiri Electromechanical Technology Recent Developments/Updates
  • 2.12 Tongda Power Technology
    • 2.12.1 Tongda Power Technology Details
    • 2.12.2 Tongda Power Technology Major Business
    • 2.12.3 Tongda Power Technology EV & HEV Traction Motor Cores Product and Services
    • 2.12.4 Tongda Power Technology EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.12.5 Tongda Power Technology Recent Developments/Updates
  • 2.13 Toyota Boshoku Corporation
    • 2.13.1 Toyota Boshoku Corporation Details
    • 2.13.2 Toyota Boshoku Corporation Major Business
    • 2.13.3 Toyota Boshoku Corporation EV & HEV Traction Motor Cores Product and Services
    • 2.13.4 Toyota Boshoku Corporation EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.13.5 Toyota Boshoku Corporation Recent Developments/Updates
  • 2.14 Feintool
    • 2.14.1 Feintool Details
    • 2.14.2 Feintool Major Business
    • 2.14.3 Feintool EV & HEV Traction Motor Cores Product and Services
    • 2.14.4 Feintool EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.14.5 Feintool Recent Developments/Updates
  • 2.15 JFE Shoji
    • 2.15.1 JFE Shoji Details
    • 2.15.2 JFE Shoji Major Business
    • 2.15.3 JFE Shoji EV & HEV Traction Motor Cores Product and Services
    • 2.15.4 JFE Shoji EV & HEV Traction Motor Cores Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2021-2026)
    • 2.15.5 JFE Shoji Recent Developments/Updates

3 Competitive Environment: EV & HEV Traction Motor Cores by Manufacturer

  • 3.1 Global EV & HEV Traction Motor Cores Sales Quantity by Manufacturer (2021-2026)
  • 3.2 Global EV & HEV Traction Motor Cores Revenue by Manufacturer (2021-2026)
  • 3.3 Global EV & HEV Traction Motor Cores Average Price by Manufacturer (2021-2026)
  • 3.4 Market Share Analysis (2025)
    • 3.4.1 Producer Shipments of EV & HEV Traction Motor Cores by Manufacturer Revenue ($MM) and Market Share (%): 2025
    • 3.4.2 Top 3 EV & HEV Traction Motor Cores Manufacturer Market Share in 2025
    • 3.4.3 Top 6 EV & HEV Traction Motor Cores Manufacturer Market Share in 2025
  • 3.5 EV & HEV Traction Motor Cores Market: Overall Company Footprint Analysis
    • 3.5.1 EV & HEV Traction Motor Cores Market: Region Footprint
    • 3.5.2 EV & HEV Traction Motor Cores Market: Company Product Type Footprint
    • 3.5.3 EV & HEV Traction Motor Cores Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global EV & HEV Traction Motor Cores Market Size by Region
    • 4.1.1 Global EV & HEV Traction Motor Cores Sales Quantity by Region (2021-2032)
    • 4.1.2 Global EV & HEV Traction Motor Cores Consumption Value by Region (2021-2032)
    • 4.1.3 Global EV & HEV Traction Motor Cores Average Price by Region (2021-2032)
  • 4.2 North America EV & HEV Traction Motor Cores Consumption Value (2021-2032)
  • 4.3 Europe EV & HEV Traction Motor Cores Consumption Value (2021-2032)
  • 4.4 Asia-Pacific EV & HEV Traction Motor Cores Consumption Value (2021-2032)
  • 4.5 South America EV & HEV Traction Motor Cores Consumption Value (2021-2032)
  • 4.6 Middle East & Africa EV & HEV Traction Motor Cores Consumption Value (2021-2032)

5 Market Segment by Type

  • 5.1 Global EV & HEV Traction Motor Cores Sales Quantity by Type (2021-2032)
  • 5.2 Global EV & HEV Traction Motor Cores Consumption Value by Type (2021-2032)
  • 5.3 Global EV & HEV Traction Motor Cores Average Price by Type (2021-2032)

6 Market Segment by Application

  • 6.1 Global EV & HEV Traction Motor Cores Sales Quantity by Application (2021-2032)
  • 6.2 Global EV & HEV Traction Motor Cores Consumption Value by Application (2021-2032)
  • 6.3 Global EV & HEV Traction Motor Cores Average Price by Application (2021-2032)

7 North America

  • 7.1 North America EV & HEV Traction Motor Cores Sales Quantity by Type (2021-2032)
  • 7.2 North America EV & HEV Traction Motor Cores Sales Quantity by Application (2021-2032)
  • 7.3 North America EV & HEV Traction Motor Cores Market Size by Country
    • 7.3.1 North America EV & HEV Traction Motor Cores Sales Quantity by Country (2021-2032)
    • 7.3.2 North America EV & HEV Traction Motor Cores Consumption Value by Country (2021-2032)
    • 7.3.3 United States Market Size and Forecast (2021-2032)
    • 7.3.4 Canada Market Size and Forecast (2021-2032)
    • 7.3.5 Mexico Market Size and Forecast (2021-2032)

8 Europe

  • 8.1 Europe EV & HEV Traction Motor Cores Sales Quantity by Type (2021-2032)
  • 8.2 Europe EV & HEV Traction Motor Cores Sales Quantity by Application (2021-2032)
  • 8.3 Europe EV & HEV Traction Motor Cores Market Size by Country
    • 8.3.1 Europe EV & HEV Traction Motor Cores Sales Quantity by Country (2021-2032)
    • 8.3.2 Europe EV & HEV Traction Motor Cores Consumption Value by Country (2021-2032)
    • 8.3.3 Germany Market Size and Forecast (2021-2032)
    • 8.3.4 France Market Size and Forecast (2021-2032)
    • 8.3.5 United Kingdom Market Size and Forecast (2021-2032)
    • 8.3.6 Russia Market Size and Forecast (2021-2032)
    • 8.3.7 Italy Market Size and Forecast (2021-2032)

9 Asia-Pacific

  • 9.1 Asia-Pacific EV & HEV Traction Motor Cores Sales Quantity by Type (2021-2032)
  • 9.2 Asia-Pacific EV & HEV Traction Motor Cores Sales Quantity by Application (2021-2032)
  • 9.3 Asia-Pacific EV & HEV Traction Motor Cores Market Size by Region
    • 9.3.1 Asia-Pacific EV & HEV Traction Motor Cores Sales Quantity by Region (2021-2032)
    • 9.3.2 Asia-Pacific EV & HEV Traction Motor Cores Consumption Value by Region (2021-2032)
    • 9.3.3 China Market Size and Forecast (2021-2032)
    • 9.3.4 Japan Market Size and Forecast (2021-2032)
    • 9.3.5 South Korea Market Size and Forecast (2021-2032)
    • 9.3.6 India Market Size and Forecast (2021-2032)
    • 9.3.7 Southeast Asia Market Size and Forecast (2021-2032)
    • 9.3.8 Australia Market Size and Forecast (2021-2032)

10 South America

  • 10.1 South America EV & HEV Traction Motor Cores Sales Quantity by Type (2021-2032)
  • 10.2 South America EV & HEV Traction Motor Cores Sales Quantity by Application (2021-2032)
  • 10.3 South America EV & HEV Traction Motor Cores Market Size by Country
    • 10.3.1 South America EV & HEV Traction Motor Cores Sales Quantity by Country (2021-2032)
    • 10.3.2 South America EV & HEV Traction Motor Cores Consumption Value by Country (2021-2032)
    • 10.3.3 Brazil Market Size and Forecast (2021-2032)
    • 10.3.4 Argentina Market Size and Forecast (2021-2032)

11 Middle East & Africa

  • 11.1 Middle East & Africa EV & HEV Traction Motor Cores Sales Quantity by Type (2021-2032)
  • 11.2 Middle East & Africa EV & HEV Traction Motor Cores Sales Quantity by Application (2021-2032)
  • 11.3 Middle East & Africa EV & HEV Traction Motor Cores Market Size by Country
    • 11.3.1 Middle East & Africa EV & HEV Traction Motor Cores Sales Quantity by Country (2021-2032)
    • 11.3.2 Middle East & Africa EV & HEV Traction Motor Cores Consumption Value by Country (2021-2032)
    • 11.3.3 Turkey Market Size and Forecast (2021-2032)
    • 11.3.4 Egypt Market Size and Forecast (2021-2032)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2021-2032)
    • 11.3.6 South Africa Market Size and Forecast (2021-2032)

12 Market Dynamics

  • 12.1 EV & HEV Traction Motor Cores Market Drivers
  • 12.2 EV & HEV Traction Motor Cores Market Restraints
  • 12.3 EV & HEV Traction Motor Cores Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

  • 13.1 Raw Material of EV & HEV Traction Motor Cores and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of EV & HEV Traction Motor Cores
  • 13.3 EV & HEV Traction Motor Cores Production Process
  • 13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 EV & HEV Traction Motor Cores Typical Distributors
  • 14.3 EV & HEV Traction Motor Cores Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on EV & HEV Traction Motor Cores. Industry analysis & Market Report on EV & HEV Traction Motor Cores is a syndicated market report, published as Global EV & HEV Traction Motor Cores Market 2026 by Manufacturers, Regions, Type and Application, Forecast to 2032. It is complete Research Study and Industry Analysis of EV & HEV Traction Motor Cores market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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