United States Electric Motors or Electric Vehicle Market Insight
Published: 01 July 2026 | Report Format: Electronic (PDF) | Author: Govind and Krishna
The United States Electric Motors or Electric Vehicle Market is projected to grow at a CAGR of around 18.6%, driven by increasing electric vehicle production and supportive government policies promoting transportation electrification.
United States Electric Motors or Electric Vehicle Market Forecasts to 2035
- The United States Electric Motors for Electric Vehicle Market size was estimated at approximately USD 9.84 Billion in 2025.
- The market is expected to grow at a CAGR of around 18.6% from 2025 to 2035.
- The market is projected to reach approximately USD 54.11 Billion by 2035.
Notable Insights for the United States Electric Motors or Electric Vehicle Market
- Segmentation based on motor type indicates that Permanent Magnet Synchronous Motors (PMSM), AC Induction Motors, and Brushless DC (BLDC) Motors account for approximately 72% of market revenue in 2025, supported by their high efficiency, compact design, and widespread adoption in passenger and commercial EVs.
- Segmentation based on vehicle type shows that Battery Electric Vehicles (BEVs), Plug-in Hybrid Electric Vehicles (PHEVs), and Electric Commercial Vehicles hold nearly 76% market share in 2025, driven by growing EV production and increasing consumer adoption.
- The market is increasingly influenced by high-power-density motors, rare-earth magnet optimization, silicon carbide (SiC)-enabled powertrains, and integrated e-axle systems, accounting for over 48% of newly deployed EV propulsion technologies in 2025.
- Rising investments in EV manufacturing facilities, battery gigafactories, and domestic automotive supply chains have accelerated demand for advanced electric motors, contributing nearly 46% of new capital expenditure within the industry.
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Why Buy This Report
- Provides comprehensive analysis of demand across electric traction motors, propulsion systems, and key electric vehicle applications.
- Covers detailed insights into passenger EVs, commercial electric vehicles, electric buses, performance EVs, integrated e-axle technologies, and automotive manufacturing trends.
- Helps stakeholders evaluate competitive positioning, investment opportunities, and growth potential within the United States electric motors for electric vehicle industry.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the United States Electric Motors for Electric Vehicle Market, along with a comparative evaluation primarily based on their product of offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
Top Companies in United States Electric Motors or Electric Vehicle Market
- Tesla, Inc.
- BorgWarner Inc.
- Nidec Corporation
- ABB Ltd.
- Siemens AG
- Magna International Inc.
- ZF Friedrichshafen AG
- Dana Incorporated
- Hitachi Astemo, Ltd.
- Schaeffler AG
Recent Developments:
- In May 2025, BorgWarner Inc. expanded production capacity for its integrated electric drive modules and high-efficiency traction motors to support increasing EV demand across North America.
- In February 2025, Nidec Corporation introduced its next-generation high-performance e-axle motor platform designed to improve efficiency, reduce weight, and extend driving range for electric passenger vehicles.
Market Segmentation:
United States Electric Motors or Electric Vehicle Market, By Vehicle Type
- Battery Electric Vehicles (BEVs)
- Plug-in Hybrid Electric Vehicles (PHEVs)
- Hybrid Electric Vehicles (HEVs)
- Electric Commercial Vehicles
- Electric Buses
United States Electric Motors or Electric Vehicle Market, By Power Output
- Below 100 kW
- 100–250 kW
- Above 250 kW
United States Electric Motors or Electric Vehicle Market, By End User
- Passenger Vehicles
- Commercial Vehicles
- Public Transportation
- Fleet Operators
- Automotive OEMs
Expert Views:
The United States Electric Motors or Electric Vehicle Market is expected to witness robust growth through 2035, supported by accelerating EV adoption, favorable government incentives, expansion of domestic EV manufacturing, and continuous advancements in motor efficiency and power electronics. Technological innovations such as integrated e-axles, lightweight motor materials, silicon carbide-based drive systems, and rare-earth magnet optimization are expected to enhance vehicle performance while reducing energy consumption. Furthermore, increasing investments in battery manufacturing, charging infrastructure, and localized automotive supply chains are anticipated to create substantial growth opportunities for electric motor manufacturers, automotive OEMs, component suppliers, and technology providers across the United States.
Author: Govind and Krishna By Decisions Advisors and Consulting