In 2021, the size of the electric vehicle traction motor market in Europe reached a value of 1.23 billion U.S. dollars. It is projected that the market size will increase with a compound annual growth rate (CAGR) of 25.84 percent between 2022 and 2027, reaching the size of 4.26 billion U.S. dollars in 2027.
Size of the electric vehicle traction motor market in Europe in 2021, with forecast through 2027
(in billion U.S. dollars)
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Mobility Foresights. (June 30, 2022). Size of the electric vehicle traction motor market in Europe in 2021, with forecast through 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 06, 2025, from https://www.statista.com/statistics/1359379/electric-vehicle-traction-motor-market-size-europe/
Mobility Foresights. "Size of the electric vehicle traction motor market in Europe in 2021, with forecast through 2027 (in billion U.S. dollars)." Chart. June 30, 2022. Statista. Accessed January 06, 2025. https://www.statista.com/statistics/1359379/electric-vehicle-traction-motor-market-size-europe/
Mobility Foresights. (2022). Size of the electric vehicle traction motor market in Europe in 2021, with forecast through 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 06, 2025. https://www.statista.com/statistics/1359379/electric-vehicle-traction-motor-market-size-europe/
Mobility Foresights. "Size of The Electric Vehicle Traction Motor Market in Europe in 2021, with Forecast through 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 30 Jun 2022, https://www.statista.com/statistics/1359379/electric-vehicle-traction-motor-market-size-europe/
Mobility Foresights, Size of the electric vehicle traction motor market in Europe in 2021, with forecast through 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1359379/electric-vehicle-traction-motor-market-size-europe/ (last visited January 06, 2025)
Size of the electric vehicle traction motor market in Europe in 2021, with forecast through 2027 (in billion U.S. dollars) [Graph], Mobility Foresights, June 30, 2022. [Online]. Available: https://www.statista.com/statistics/1359379/electric-vehicle-traction-motor-market-size-europe/
