Report Detail
Global Magnet Wire for New Energy Vehicle Drive Motor Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031
- RnM4649787 |
- 18 November, 2025 |
- Global |
- 118 Pages |
- GIR |
- Chemical & Material
According to our (Global Info Research) latest study, the global Magnet Wire for New Energy Vehicle Drive Motor market size was valued at US$ 2074 million in 2024 and is forecast to a readjusted size of USD 4481 million by 2031 with a CAGR of 11.7% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Magnet wire for new energy vehicle (NEV) drive motors is a specialized copper or aluminum wire coated with an insulating layer, designed to carry electrical currents in the motor windings. These wires are crucial for ensuring the efficiency, reliability, and durability of the drive motor in electric vehicles. The insulation is typically made of high-temperature-resistant materials, allowing the motor to operate at higher temperatures without degradation. Magnet wire used in NEV drive motors is characterized by its excellent electrical conductivity, resistance to thermal and mechanical stress, and ability to withstand vibrations, which are common in electric vehicle applications. This wire plays a critical role in achieving high power density and efficiency, contributing to the overall performance and longevity of electric vehicle motors.
This report is a detailed and comprehensive analysis for global Magnet Wire for New Energy Vehicle Drive Motor 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 Magnet Wire for New Energy Vehicle Drive Motor market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Magnet Wire for New Energy Vehicle Drive Motor market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Magnet Wire for New Energy Vehicle Drive Motor market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Magnet Wire for New Energy Vehicle Drive Motor market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2020-2025
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 Magnet Wire for New Energy Vehicle Drive Motor
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 Magnet Wire for New Energy Vehicle Drive Motor 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 Essex Solutions, Rea Magnet Wire, Sumitomo Electric, Magnekon, GOLD CUP ELECTRIC, Roshow Technology, HONGYUAN, Elektrisola, Jingda, Citychamp Dartong, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Magnet Wire for New Energy Vehicle Drive Motor market is split by Type and by Application. For the period 2020-2031, 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
Copper Magnet Wire
Aluminum Magnet Wire
Market segment by Application
Passenger Car
Commercial Vehicle
Major players covered
Essex Solutions
Rea Magnet Wire
Sumitomo Electric
Magnekon
GOLD CUP ELECTRIC
Roshow Technology
HONGYUAN
Elektrisola
Jingda
Citychamp Dartong
Ronsen Super Micro-Wire
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 Magnet Wire for New Energy Vehicle Drive Motor product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnet Wire for New Energy Vehicle Drive Motor, with price, sales quantity, revenue, and global market share of Magnet Wire for New Energy Vehicle Drive Motor from 2020 to 2025.
Chapter 3, the Magnet Wire for New Energy Vehicle Drive Motor competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnet Wire for New Energy Vehicle Drive Motor breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
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 2020 to 2031.
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 2020 to 2025.and Magnet Wire for New Energy Vehicle Drive Motor market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
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 Magnet Wire for New Energy Vehicle Drive Motor.
Chapter 14 and 15, to describe Magnet Wire for New Energy Vehicle Drive Motor 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 Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Copper Magnet Wire
- 1.3.3 Aluminum Magnet Wire
- 1.4 Market Analysis by Application
- 1.4.1 Overview: Global Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Passenger Car
- 1.4.3 Commercial Vehicle
- 1.5 Global Magnet Wire for New Energy Vehicle Drive Motor Market Size & Forecast
- 1.5.1 Global Magnet Wire for New Energy Vehicle Drive Motor Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity (2020-2031)
- 1.5.3 Global Magnet Wire for New Energy Vehicle Drive Motor Average Price (2020-2031)
2 Manufacturers Profiles
- 2.1 Essex Solutions
- 2.1.1 Essex Solutions Details
- 2.1.2 Essex Solutions Major Business
- 2.1.3 Essex Solutions Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.1.4 Essex Solutions Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.1.5 Essex Solutions Recent Developments/Updates
- 2.2 Rea Magnet Wire
- 2.2.1 Rea Magnet Wire Details
- 2.2.2 Rea Magnet Wire Major Business
- 2.2.3 Rea Magnet Wire Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.2.4 Rea Magnet Wire Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.2.5 Rea Magnet Wire Recent Developments/Updates
- 2.3 Sumitomo Electric
- 2.3.1 Sumitomo Electric Details
- 2.3.2 Sumitomo Electric Major Business
- 2.3.3 Sumitomo Electric Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.3.4 Sumitomo Electric Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.3.5 Sumitomo Electric Recent Developments/Updates
- 2.4 Magnekon
- 2.4.1 Magnekon Details
- 2.4.2 Magnekon Major Business
- 2.4.3 Magnekon Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.4.4 Magnekon Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.4.5 Magnekon Recent Developments/Updates
- 2.5 GOLD CUP ELECTRIC
- 2.5.1 GOLD CUP ELECTRIC Details
- 2.5.2 GOLD CUP ELECTRIC Major Business
- 2.5.3 GOLD CUP ELECTRIC Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.5.4 GOLD CUP ELECTRIC Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.5.5 GOLD CUP ELECTRIC Recent Developments/Updates
- 2.6 Roshow Technology
- 2.6.1 Roshow Technology Details
- 2.6.2 Roshow Technology Major Business
- 2.6.3 Roshow Technology Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.6.4 Roshow Technology Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.6.5 Roshow Technology Recent Developments/Updates
- 2.7 HONGYUAN
- 2.7.1 HONGYUAN Details
- 2.7.2 HONGYUAN Major Business
- 2.7.3 HONGYUAN Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.7.4 HONGYUAN Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.7.5 HONGYUAN Recent Developments/Updates
- 2.8 Elektrisola
- 2.8.1 Elektrisola Details
- 2.8.2 Elektrisola Major Business
- 2.8.3 Elektrisola Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.8.4 Elektrisola Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.8.5 Elektrisola Recent Developments/Updates
- 2.9 Jingda
- 2.9.1 Jingda Details
- 2.9.2 Jingda Major Business
- 2.9.3 Jingda Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.9.4 Jingda Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.9.5 Jingda Recent Developments/Updates
- 2.10 Citychamp Dartong
- 2.10.1 Citychamp Dartong Details
- 2.10.2 Citychamp Dartong Major Business
- 2.10.3 Citychamp Dartong Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.10.4 Citychamp Dartong Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.10.5 Citychamp Dartong Recent Developments/Updates
- 2.11 Ronsen Super Micro-Wire
- 2.11.1 Ronsen Super Micro-Wire Details
- 2.11.2 Ronsen Super Micro-Wire Major Business
- 2.11.3 Ronsen Super Micro-Wire Magnet Wire for New Energy Vehicle Drive Motor Product and Services
- 2.11.4 Ronsen Super Micro-Wire Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2020-2025)
- 2.11.5 Ronsen Super Micro-Wire Recent Developments/Updates
3 Competitive Environment: Magnet Wire for New Energy Vehicle Drive Motor by Manufacturer
- 3.1 Global Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Manufacturer (2020-2025)
- 3.2 Global Magnet Wire for New Energy Vehicle Drive Motor Revenue by Manufacturer (2020-2025)
- 3.3 Global Magnet Wire for New Energy Vehicle Drive Motor Average Price by Manufacturer (2020-2025)
- 3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Magnet Wire for New Energy Vehicle Drive Motor by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Magnet Wire for New Energy Vehicle Drive Motor Manufacturer Market Share in 2024
- 3.4.3 Top 6 Magnet Wire for New Energy Vehicle Drive Motor Manufacturer Market Share in 2024
- 3.5 Magnet Wire for New Energy Vehicle Drive Motor Market: Overall Company Footprint Analysis
- 3.5.1 Magnet Wire for New Energy Vehicle Drive Motor Market: Region Footprint
- 3.5.2 Magnet Wire for New Energy Vehicle Drive Motor Market: Company Product Type Footprint
- 3.5.3 Magnet Wire for New Energy Vehicle Drive Motor 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 Magnet Wire for New Energy Vehicle Drive Motor Market Size by Region
- 4.1.1 Global Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Region (2020-2031)
- 4.1.2 Global Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Region (2020-2031)
- 4.1.3 Global Magnet Wire for New Energy Vehicle Drive Motor Average Price by Region (2020-2031)
- 4.2 North America Magnet Wire for New Energy Vehicle Drive Motor Consumption Value (2020-2031)
- 4.3 Europe Magnet Wire for New Energy Vehicle Drive Motor Consumption Value (2020-2031)
- 4.4 Asia-Pacific Magnet Wire for New Energy Vehicle Drive Motor Consumption Value (2020-2031)
- 4.5 South America Magnet Wire for New Energy Vehicle Drive Motor Consumption Value (2020-2031)
- 4.6 Middle East & Africa Magnet Wire for New Energy Vehicle Drive Motor Consumption Value (2020-2031)
5 Market Segment by Type
- 5.1 Global Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Type (2020-2031)
- 5.2 Global Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Type (2020-2031)
- 5.3 Global Magnet Wire for New Energy Vehicle Drive Motor Average Price by Type (2020-2031)
6 Market Segment by Application
- 6.1 Global Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Application (2020-2031)
- 6.2 Global Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Application (2020-2031)
- 6.3 Global Magnet Wire for New Energy Vehicle Drive Motor Average Price by Application (2020-2031)
7 North America
- 7.1 North America Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Type (2020-2031)
- 7.2 North America Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Application (2020-2031)
- 7.3 North America Magnet Wire for New Energy Vehicle Drive Motor Market Size by Country
- 7.3.1 North America Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Country (2020-2031)
- 7.3.2 North America Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)
8 Europe
- 8.1 Europe Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Type (2020-2031)
- 8.2 Europe Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Application (2020-2031)
- 8.3 Europe Magnet Wire for New Energy Vehicle Drive Motor Market Size by Country
- 8.3.1 Europe Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)
9 Asia-Pacific
- 9.1 Asia-Pacific Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Type (2020-2031)
- 9.2 Asia-Pacific Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Application (2020-2031)
- 9.3 Asia-Pacific Magnet Wire for New Energy Vehicle Drive Motor Market Size by Region
- 9.3.1 Asia-Pacific Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)
10 South America
- 10.1 South America Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Type (2020-2031)
- 10.2 South America Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Application (2020-2031)
- 10.3 South America Magnet Wire for New Energy Vehicle Drive Motor Market Size by Country
- 10.3.1 South America Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Country (2020-2031)
- 10.3.2 South America Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)
11 Middle East & Africa
- 11.1 Middle East & Africa Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Type (2020-2031)
- 11.2 Middle East & Africa Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Application (2020-2031)
- 11.3 Middle East & Africa Magnet Wire for New Energy Vehicle Drive Motor Market Size by Country
- 11.3.1 Middle East & Africa Magnet Wire for New Energy Vehicle Drive Motor Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Magnet Wire for New Energy Vehicle Drive Motor Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)
12 Market Dynamics
- 12.1 Magnet Wire for New Energy Vehicle Drive Motor Market Drivers
- 12.2 Magnet Wire for New Energy Vehicle Drive Motor Market Restraints
- 12.3 Magnet Wire for New Energy Vehicle Drive Motor 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 Magnet Wire for New Energy Vehicle Drive Motor and Key Manufacturers
- 13.2 Manufacturing Costs Percentage of Magnet Wire for New Energy Vehicle Drive Motor
- 13.3 Magnet Wire for New Energy Vehicle Drive Motor 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 Magnet Wire for New Energy Vehicle Drive Motor Typical Distributors
- 14.3 Magnet Wire for New Energy Vehicle Drive Motor 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 Magnet Wire for New Energy Vehicle Drive Motor. Industry analysis & Market Report on Magnet Wire for New Energy Vehicle Drive Motor is a syndicated market report, published as Global Magnet Wire for New Energy Vehicle Drive Motor Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Magnet Wire for New Energy Vehicle Drive Motor market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.
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