Axial Flux Electric Motor Market Analysis
Market Size & Trends
The Axial Flux Electric Motor market is projected to experience substantial growth, reaching a valuation of approximately USD 11,092.54 million by 2035. This expansion reflects a robust compound annual growth rate (CAGR) of 73.49% during the forecast period from 2025 to 2035. The surge in market size is primarily driven by the increasing adoption of axial flux motors across various sectors, including electric vehicles (EVs), industrial machinery, and renewable energy systems. Their compact design and high power-to-weight ratio make them particularly attractive for applications requiring efficient and lightweight motor solutions.
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Report Coverage & Deliverables
This comprehensive report encompasses an in-depth analysis of the Axial Flux Electric Motor market, offering insights into key growth drivers, challenges, and opportunities. It includes detailed segmentation based on type, end-use industry, and region. The report also provides a thorough competitive landscape, profiling major players and their strategic initiatives. Additionally, it offers market forecasts, trend analyses, and an assessment of technological advancements influencing market dynamics.​
Type Insights
Axial flux motors are categorized into two primary typesair-core and iron-core. Air-core axial flux motors are known for their lightweight and high-efficiency characteristics, making them ideal for applications in aerospace and portable devices. Conversely, iron-core axial flux motors offer higher torque density and are commonly utilized in automotive and industrial applications where robust performance is essential.​
End-use Insights
The automotive sector, particularly the electric vehicle segment, represents a significant portion of the axial flux motor market. The demand for compact, efficient motors to enhance vehicle performance and extend driving range has led to increased adoption of axial flux technology. Beyond automotive, industries such as renewable energy, aerospace, and industrial automation are also integrating these motors to leverage their efficiency and space-saving benefits.​
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Product Insights
In the product landscape, the market features a variety of axial flux motors tailored to specific applications. High-performance motors designed for electric supercars and motorcycles emphasize power density and efficiency. Meanwhile, industrial-grade motors focus on durability and consistent performance to meet the rigorous demands of manufacturing and processing environments.​
Regional Insights
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North AmericaThis region is witnessing significant growth due to the rapid adoption of electric vehicles and advancements in renewable energy projects. Supportive government policies and substantial investments in EV infrastructure further bolster market expansion.​
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EuropeEurope maintains a strong presence in the axial flux motor market, driven by stringent emission regulations and a robust automotive industry transitioning towards electrification. Countries like Germany and the UK are at the forefront, with numerous manufacturers and research institutions focusing on axial flux motor development.​
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Asia PacificAnticipated to experience the highest growth rate, this region benefits from the booming automotive industry in countries such as China, Japan, and South Korea. Government initiatives promoting electric mobility and substantial investments in manufacturing capabilities contribute to the region's prominence in the market.​
Market Key Company Insights
Leading companies in the axial flux electric motor market include​
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YASA LimitedSpecializes in compact, lightweight axial flux motors for automotive and industrial applications.​
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Magnax BVFocuses on high-efficiency axial flux motors designed for electric vehicles and renewable energy systems.​
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EMRAX d.o.o.Offers versatile axial flux motors suitable for aviation, marine, and automotive industries.​
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Saietta GroupDevelops axial flux motor solutions aimed at light-duty vehicles and urban mobility applications.​
These companies are actively engaging in research and development, strategic partnerships, and product innovations to strengthen their market positions and cater to the evolving demands of various industries.​
Report Scope Axial Flux Electric Motor Market
|
Attribute |
Details |
|
Market Size in 2025 |
USD 462.97 Million |
|
Market Forecast (2035) |
USD 11,092.54 Million |
|
CAGR (2027–2035) |
73.49% CAGR |
|
Forecast Period |
2025 to 2035 |
|
Base Year |
2026 |
|
Historical Data |
2019 to 2026 |
|
Segments Covered |
Type, End-use Industry, Product, Region |
|
Geographies Covered |
North America, Europe, Asia Pacific, Latin America, Middle East & Africa |
|
Key Companies Profiled |
YASA Limited, Magnax BV, EMRAX d.o.o., Saietta Group, others |
|
Report Deliverables |
Market Size, Share & Forecast, Segment Analysis, Regional Insights, Key Players, Trends, Opportunities |
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Axial Flux Electric Motor Market Segmentation
By Type
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Air-Core Axial Flux Motor
By End-Use Industry
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Automotive
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Aerospace
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Industrial Machinery
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Marine
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Others
By Product
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Axial Flux Inner Rotor Motor
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Axial Flux Outer Rotor Motor
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Dual Rotor Axial Flux Motor
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By Region
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North America
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U.S.
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Canada
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Europe
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Germany
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U.K.
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France
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Italy
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Rest of Europe
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Asia Pacific
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China
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India
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Japan
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South Korea
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Rest of Asia Pacific
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Latin America
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Brazil
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Mexico
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Rest of Latin America
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Middle East & Africa
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GCC
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South Africa
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Rest of MEA
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