Europe Electric Vehicle Motor Market Size, Demand & Share By 2030

Europe Electric Vehicle Motor Market Research Report: Forecast (2025-2030)

Europe Electric Vehicle Motor Market - By Component (Motor Stator, Rotor, Shaft, Bearing, Permanent Magnet, Casting, Wiring & Connectors, Others) By Demand ( OEMs, Aftermarket) By......Type (Permanent Magnet Synchronous Magnet (PMSM), Induction Motor, Switch Reluctance Motor (SRM)] By Power Rating (Up to 20 kW, 21kW-100kW, 101kW-250kW, Above 250 kW (By Variant, Battery Electric Vehicle (BEV), Hybrid Electric Vehicle (HEV), Fuel Cell Electric Vehicle (FCEV)] By Range (Up to 150km, 151km-300km, 301km-500km, Above 500km) By End-User (Electric Passenger Cars, Sedan, SUV, Hatchback, Electric Commercial Vehicles, Electric Medium & Heavy Commercial Vehicles) Read more

Automotive
Apr 2025
Pages 185
Report Format: PDF, Excel, PPT

Market Definition

Electric Vehicle motors are specially designed motors to empower an electric vehicle. The motor converts the electrical energy into mechanical energy using the various components installed in the motor. These motors are installed by several electric vehicle manufacturers globally, including Europe.

Market Insights & Analysis: Europe Electric Vehicle Motor Market (2025-30):

The Europe Electric Vehicle Motor Market size was valued at around USD32.9 billion in 2024 and is projected to reach USD80.2 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 16% during the forecast period, i.e., 2025-30.

This market growth is observed due to the increase in the demand for electronic and hybrid vehicles, advancements in technology, the rise in the implication of strict regulations, and others. The demand for hybrid and electric vehicles has surged significantly with government support. European officials are implementing numerous policies and schemes to promote the growth of electric vehicles. This is due to achieving the aim to reduce carbon emissions, thus supporting low-emission products such as electric vehicles. The electric motor is compact and lightweight, and is fuel-efficient as it reduces emissions over the traditional internal combustion engine. The electronic vehicle dynamics work on the electronic motors, thus raising the utility of electric motors. Furthermore, the electric motors are equipped with sensors and technologies that conveniently reduce the load exerted by the driver while driving. Hence, providing an expensive premium experience to the driver.

Report Coverage	Details
Historical Years	2020-23
Base Years	2024
Forecast Years	2025-30
Market Value in 2024	USD32.9 billion
Market Value in 2030	USD80.2 billion
CAGR (2025-30)	16%
Leading Region	Germany
Top Key Players	Siemens AG, Bosch, Schaeffler, ZF Friedrichshafen AG, Valeo, Continental AG, Nidec Corporation, YASA Motors, BorgWarner, GKN Automotives, Magna International, and others.
Key Report Highlights	Market Dimensions & Projections Pricing Evaluation, Recent Strategic Moves by Companies, Primary Stakeholders, Analysis of Import and Export Trends, Competitive Landscape Assessment, Emerging Opportunities, Market Trends and Indicators

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Moreover, innovations and advancements in technology and material sciences have increased the durability of motors. The motors, coupled with AI, help in maximizing efficiency and conserving time. Moreover, the development of charging infrastructure in Europe, with approximately 3.5 million charging points to be installed by 2030, as per the European Commission. This leads to the easy accessibility of power for electric vehicles. Thus, increasing the number of electric vehicle consumers in Europe.

Additionally, the consumers’ inclination towards sustainable vehicles raises the demand for electric vehicles. Consequently, this increases the demand for electric vehicle motors in Europe.

Europe Electric Vehicle Motor Market Driver:

Stringent Government Regulations Boosting Market Demand – As per global organizations, Europe is ranked as the fourth-largest emitter of greenhouse gases in 2023. Thus, this has pushed the European government to issue several guidelines and standard regulations, and policies to minimize such emissions. As a consequence, electric vehicles are promoted due to their relatively low emission of CO2. Electric vehicles use electricity to induce magnetism, and the vehicle runs on this dynamic. In this dynamics, there is no emission of toxic gases into nature, which is observed in conventional vehicles and motors. This has resulted in a shift of consumers towards electric vehicles, with approximately 51.6% of the total vehicles sold in Europe being electric. This surge in the demand for electric vehicles directly raises the demand for electric vehicle motors.

Market Segmentation
Research Methodology
1. Product Definition
2. Research Process
3. Assumptions
Executive Summary
Europe Electric Vehicle Motor Market Trends & Development
Europe Electric Vehicle Motor Market Industry Dynamics
1. Drivers
2. Challenges
Europe Electric Vehicle Motor Market Hotspot & Opportunities
Europe Electric Vehicle Motor Market Policies, Regulations, Product Standards
Europe Electric Vehicle Motor Market Outlook, 2020-2030
1. Market Size & Analysis
  1. By Revenues (USD Million)
2. Market Share & Analysis
  1. By Component
    1. Motor Stator - Market Size & Forecast 2020-2030, USD Million
    2. Rotor, Shaft, Bearing - Market Size & Forecast 2020-2030, USD Million
    3. Permanent Magnet -Market Size & Forecast 2020-2030, USD Million
    4. Casting-Market Size & Forecast 2020-2030, USD Million
    5. Wiring & Connectors-Market Size & Forecast 2020-2030, USD Million
    6. Others-Market Size & Forecast 2020-2030, USD Million
  2. By Demand
    1. OEMs - Market Size & Forecast 2020-2030, USD Million
    2. Aftermarket - Market Size & Forecast 2020-2030, USD Million
  3. By Type
    1. Permanent Magnet Synchronous Magnet (PMSM) - Market Size & Forecast 2020-2030, USD Million
    2. Induction Motor - Market Size & Forecast 2020-2030, USD Million
    3. Switch Reluctance Motor (SRM) - Market Size & Forecast 2020-2030, USD Million
  4. By Power Rating
    1. Up to 20 kW - Market Size & Forecast 2020-2030, USD Million
    2. 21kW-100kW - Market Size & Forecast 2020-2030, USD Million
    3. 101kW-250kW - Market Size & Forecast 2020-2030, USD Million
    4. Above 250 kW - Market Size & Forecast 2020-2030, USD Million
  5. By Variant
    1. Battery Electric Vehicle (BEV) - Market Size & Forecast 2020-2030, USD Million
    2. Hybrid Electric Vehicle (HEV) - Market Size & Forecast 2020-2030, USD Million
    3. Fuel Cell Electric Vehicle (FCEV) - Market Size & Forecast 2020-2030, USD Million
  6. By Range
    1. Up to 150km - Market Size & Forecast 2020-2030, USD Million
    2. 151km-300km - Market Size & Forecast 2020-2030, USD Million
    3. 301km-500km - Market Size & Forecast 2020-2030, USD Million
    4. Above 500km - Market Size & Forecast 2020-2030, USD Million
  7. By End-User
    1. Electric Passenger Cars-Market Size & Forecast 2020-2030, USD Million
    2. Sedan-Market Size & Forecast 2020-2030, USD Million
    3. SUV-Market Size & Forecast 2020-2030, USD Million
    4. Hatchback-Market Size & Forecast 2020-2030, USD Million
    5. Electric Commercial Vehicles- Market Size & Forecast 2020-2030, USD Million
      1. Electric Light Commercial Vehicles- Market Size & Forecast 2020-2030, USD Million
        
        Electric Light Trucks- Market Size & Forecast 2020-2030, USD Million
        
        Electric Minivans- Market Size & Forecast 2020-2030, USD Million
    6. Electric Medium & Heavy Commercial Vehicles- Market Size & Forecast 2020-2030, USD Million
      1. Electric Trucks- Market Size & Forecast 2020-2030, USD Million
      2. Electric Bus- Market Size & Forecast 2020-2030, USD Million
  8. Electric Two-Wheelers- Market Size & Forecast 2020-2030, USD Million
    1. Electric Scooters- Market Size & Forecast 2020-2030, USD Million
    2. Electric Motorcycles- Market Size & Forecast 2020-2030, USD Million
3. Electric Three-Wheelers- Market Size & Forecast 2020-2030, USD Million
By Region
1. Germany
2. The UK
3. France
4. Italy
5. Spain
6. The Netherlands
7. Scandinavia
8. Rest of Europe
By Company
1. Competition Characteristics
2. Company Share & Analysis
Germany Electric Vehicle Motor Market Outlook, 2020-2030
1. Market Size & Analysis
  1. By Revenue (USD Million)
2. Market Share & Analysis
  1. By Component - Market Size & Forecast 2020-2030, USD Million
  2. By Demand - Market Size & Forecast 2020-2030, USD Million
  3. By Type - Market Size & Forecast 2020-2030, USD Million
  4. By Power Rating - Market Size & Forecast 2020-2030, USD Million
  5. By Variant - Market Size & Forecast 2020-2030, USD Million
  6. By Range - Market Size & Forecast 2020-2030, USD Million
  7. By End-User- Market Size & Forecast 2020-2030, USD Million
The UK Electric Vehicle Motor Market Outlook, 2020-2030
1. Market Size & Analysis
  1. By Revenue (USD Million)
2. Market Share & Analysis
  1. By Component - Market Size & Forecast 2020-2030, USD Million
  2. By Demand - Market Size & Forecast 2020-2030, USD Million
  3. By Type - Market Size & Forecast 2020-2030, USD Million
  4. By Power Rating - Market Size & Forecast 2020-2030, USD Million
  5. By Variant - Market Size & Forecast 2020-2030, USD Million
  6. By Range - Market Size & Forecast 2020-2030, USD Million
  7. By End-User- Market Size & Forecast 2020-2030, USD Million
France Electric Vehicle Motor Market Outlook, 2020-2030
1. Market Size & Analysis
  1. By Revenue (USD Million)
2. Market Share & Analysis
  1. By Component - Market Size & Forecast 2020-2030, USD Million
  2. By Demand - Market Size & Forecast 2020-2030, USD Million
  3. By Type - Market Size & Forecast 2020-2030, USD Million
  4. By Power Rating - Market Size & Forecast 2020-2030, USD Million
  5. By Variant - Market Size & Forecast 2020-2030, USD Million
  6. By Range - Market Size & Forecast 2020-2030, USD Million
  7. By End-User- Market Size & Forecast 2020-2030, USD Million
Italy Electric Vehicle Motor Market Outlook, 2020-2030
1. Market Size & Analysis
  1. By Revenue (USD Million)
2. Market Share & Analysis
  1. By Component - Market Size & Forecast 2020-2030, USD Million
  2. By Demand - Market Size & Forecast 2020-2030, USD Million
  3. By Type - Market Size & Forecast 2020-2030, USD Million
  4. By Power Rating - Market Size & Forecast 2020-2030, USD Million
  5. By Variant - Market Size & Forecast 2020-2030, USD Million
  6. By Range - Market Size & Forecast 2020-2030, USD Million
  7. By End-User- Market Size & Forecast 2020-2030, USD Million
Spain Electric Vehicle Motor Market Outlook, 2020-2030
1. Market Size & Analysis
  1. By Revenue (USD Million)
2. Market Share & Analysis
  1. By Component - Market Size & Forecast 2020-2030, USD Million
  2. By Demand - Market Size & Forecast 2020-2030, USD Million
  3. By Type - Market Size & Forecast 2020-2030, USD Million
  4. By Power Rating - Market Size & Forecast 2020-2030, USD Million
  5. By Variant - Market Size & Forecast 2020-2030, USD Million
  6. By Range - Market Size & Forecast 2020-2030, USD Million
  7. By End-User- Market Size & Forecast 2020-2030, USD Million
The Netherlands Electric Vehicle Motor Market Outlook, 2020-2030
1. Market Size & Analysis
  1. By Revenue (USD Million)
2. Market Share & Analysis
  1. By Component - Market Size & Forecast 2020-2030, USD Million
  2. By Demand - Market Size & Forecast 2020-2030, USD Million
  3. By Type - Market Size & Forecast 2020-2030, USD Million
  4. By Power Rating - Market Size & Forecast 2020-2030, USD Million
  5. By Variant - Market Size & Forecast 2020-2030, USD Million
  6. By Range - Market Size & Forecast 2020-2030, USD Million
  7. By End User- Market Size & Forecast 2020-2030, USD Million
Scandinavia Electric Vehicle Motor Market Outlook, 2020-2030
1. Market Size & Analysis
  1. By Revenue (USD Million)
2. Market Share & Analysis
  1. By Component - Market Size & Forecast 2020-2030, USD Million
  2. By Demand - Market Size & Forecast 2020-2030, USD Million
  3. By Type - Market Size & Forecast 2020-2030, USD Million
  4. By Power Rating - Market Size & Forecast 2020-2030, USD Million
  5. By Variant - Market Size & Forecast 2020-2030, USD Million
  6. By Range - Market Size & Forecast 2020-2030, USD Million
  7. By End-User- Market Size & Forecast 2020-2030, USD Million
Europe Electric Vehicle Motor Market Key Strategic Imperatives for Growth & Success
Competitive Outlook
1. Company Profiles
  1. Siemens AG
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  2. Bosch
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  3. Schaeffler
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  4. ZF Friedrichshafen AG
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  5. Valeo
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  6. Continental AG
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  7. Nidec Corporation
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  8. YASA Motors
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  9. BorgWarner
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  10. GKN Automotive
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  11. Magna International
    1. Business Description
    2. Type Portfolio
    3. Strategic Alliances or Partnerships
    4. Recent Developments
    5. Financial Details
    6. Others
  12. Others
Disclaimer

MarkNtel Advisors follows a robust and iterative research methodology designed to ensure maximum accuracy and minimize deviation in market estimates and forecasts. Our approach combines both bottom-up and top-down techniques to effectively segment and quantify various aspects of the market. A consistent feature across all our research reports is data triangulation, which examines the market from three distinct perspectives to validate findings. Key components of our research process include:

1. Scope & Research Design At the outset, MarkNtel Advisors define the research objectives and formulate pertinent questions. This phase involves determining the type of research—qualitative or quantitative—and designing a methodology that outlines data collection methods, target demographics, and analytical tools. They also establish timelines and budgets to ensure the research aligns with client goals.

2. Sample Selection and Data Collection In this stage, the firm identifies the target audience and determines the appropriate sample size to ensure representativeness. They employ various sampling methods, such as random or stratified sampling, based on the research objectives. Data collection is carried out using tools like surveys, interviews, and observations, ensuring the gathered data is reliable and relevant.

3. Data Analysis and Validation Once data is collected, MarkNtel Advisors undertake a rigorous analysis process. This includes cleaning the data to remove inconsistencies, employing statistical software for quantitative analysis, and thematic analysis for qualitative data. Validation steps are taken to ensure the accuracy and reliability of the findings, minimizing biases and errors.

4. Data Forecast and FinalizationThe final phase involves forecasting future market trends based on the analyzed data. MarkNtel Advisors utilize predictive modeling and time series analysis to anticipate market behaviors. The insights are then compiled into comprehensive reports, featuring visual aids like charts and graphs, and include strategic recommendations to inform client decision-making

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