Product Code: ETC4573770 | Publication Date: Jul 2023 | Updated Date: Sep 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The automotive traction motor market in the Philippines is closely tied to the rise of electric and hybrid vehicles. Traction motors are a critical component of electric drivetrains, and as the adoption of electric vehicles increases, there is a growing d
The automotive traction motor market in the Philippines is primarily driven by the increasing focus on reducing greenhouse gas emissions and promoting energy-efficient transportation. Traction motors are a crucial component in electric vehicles and hybrid
The Philippines automotive traction motor market encounters several obstacles. One significant challenge is the limited adoption of electric vehicles in the country, resulting in a small market size. Infrastructure challenges, including charging stations
The demand for electric vehicles and hybrid vehicles, which use traction motors, continued to grow despite the pandemic`s challenges. The government`s push for cleaner transportation options and incentives for EV adoption played a significant role in sust
In the Philippines` automotive traction motor market, prominent players like Siemens, ABB, Bosch, and Hitachi Automotive Systems are leading the way. They provide electric traction motors for hybrid and electric vehicles, helping drive the transition towa
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Automotive Traction Motor Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Automotive Traction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Automotive Traction Motor Market - Industry Life Cycle |
3.4 Philippines Automotive Traction Motor Market - Porter's Five Forces |
3.5 Philippines Automotive Traction Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 Philippines Automotive Traction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Philippines Automotive Traction Motor Market Revenues & Volume Share, By EV Type, 2021 & 2031F |
4 Philippines Automotive Traction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government policies promoting electric vehicles and sustainable transportation solutions |
4.2.2 Increasing demand for energy-efficient and environmentally friendly vehicles |
4.2.3 Technological advancements in automotive traction motor efficiency and performance |
4.3 Market Restraints |
4.3.1 High initial cost of electric vehicles and traction motor systems |
4.3.2 Limited charging infrastructure for electric vehicles in the Philippines |
4.3.3 Lack of consumer awareness and education about the benefits of electric vehicles |
5 Philippines Automotive Traction Motor Market Trends |
6 Philippines Automotive Traction Motor Market, By Types |
6.1 Philippines Automotive Traction Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 Philippines Automotive Traction Motor Market Revenues & Volume, By Motor Type, 2021-2031F |
6.1.3 Philippines Automotive Traction Motor Market Revenues & Volume, By PMSM, 2021-2031F |
6.1.4 Philippines Automotive Traction Motor Market Revenues & Volume, By AC Induction, 2021-2031F |
6.2 Philippines Automotive Traction Motor Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Philippines Automotive Traction Motor Market Revenues & Volume, By AC, 2021-2031F |
6.2.3 Philippines Automotive Traction Motor Market Revenues & Volume, By DC, 2021-2031F |
6.3 Philippines Automotive Traction Motor Market, By EV Type |
6.3.1 Overview and Analysis |
6.3.2 Philippines Automotive Traction Motor Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Philippines Automotive Traction Motor Market Revenues & Volume, By HEV, 2021-2031F |
6.3.4 Philippines Automotive Traction Motor Market Revenues & Volume, By PHEV, 2021-2031F |
7 Philippines Automotive Traction Motor Market Import-Export Trade Statistics |
7.1 Philippines Automotive Traction Motor Market Export to Major Countries |
7.2 Philippines Automotive Traction Motor Market Imports from Major Countries |
8 Philippines Automotive Traction Motor Market Key Performance Indicators |
8.1 Adoption rate of electric vehicles in the Philippines |
8.2 Investment in charging infrastructure development |
8.3 Research and development spending on improving traction motor efficiency and durability |
9 Philippines Automotive Traction Motor Market - Opportunity Assessment |
9.1 Philippines Automotive Traction Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 Philippines Automotive Traction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Philippines Automotive Traction Motor Market Opportunity Assessment, By EV Type, 2021 & 2031F |
10 Philippines Automotive Traction Motor Market - Competitive Landscape |
10.1 Philippines Automotive Traction Motor Market Revenue Share, By Companies, 2024 |
10.2 Philippines Automotive Traction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |