| Product Code: ETC5887773 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Canada automotive traction motor market witnessed a steady increase in imports from 2020 to 2024. The compound annual growth rate (CAGR) from 2020 to 2024 was 8.70%. However, there was a slight decrease in the year-on-year growth rate from 2023 to 2024, with a rate of -4.96%.

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 Canada Automotive Traction Motor Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Automotive Traction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Automotive Traction Motor Market - Industry Life Cycle |
3.4 Canada Automotive Traction Motor Market - Porter's Five Forces |
3.5 Canada Automotive Traction Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 Canada Automotive Traction Motor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Canada Automotive Traction Motor Market Revenues & Volume Share, By EV Type, 2021 & 2031F |
4 Canada Automotive Traction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and incentives for electric vehicles |
4.2.2 Growing demand for energy-efficient vehicles |
4.2.3 Technological advancements in automotive traction motors |
4.3 Market Restraints |
4.3.1 High initial investment cost for electric vehicles |
4.3.2 Limited charging infrastructure for electric vehicles |
4.3.3 Concerns regarding the range and performance of electric vehicles |
5 Canada Automotive Traction Motor Market Trends |
6 Canada Automotive Traction Motor Market Segmentations |
6.1 Canada Automotive Traction Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 Canada Automotive Traction Motor Market Revenues & Volume, By PMSM, 2021-2031F |
6.1.3 Canada Automotive Traction Motor Market Revenues & Volume, By AC Induction, 2021-2031F |
6.2 Canada Automotive Traction Motor Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Canada Automotive Traction Motor Market Revenues & Volume, By AC, 2021-2031F |
6.2.3 Canada Automotive Traction Motor Market Revenues & Volume, By DC, 2021-2031F |
6.3 Canada Automotive Traction Motor Market, By EV Type |
6.3.1 Overview and Analysis |
6.3.2 Canada Automotive Traction Motor Market Revenues & Volume, By BEV, 2021-2031F |
6.3.3 Canada Automotive Traction Motor Market Revenues & Volume, By HEV, 2021-2031F |
6.3.4 Canada Automotive Traction Motor Market Revenues & Volume, By PHEV, 2021-2031F |
7 Canada Automotive Traction Motor Market Import-Export Trade Statistics |
7.1 Canada Automotive Traction Motor Market Export to Major Countries |
7.2 Canada Automotive Traction Motor Market Imports from Major Countries |
8 Canada Automotive Traction Motor Market Key Performance Indicators |
8.1 Adoption rate of electric vehicles in Canada |
8.2 Investment in research and development for automotive traction motors |
8.3 Number of charging stations for electric vehicles in Canada |
9 Canada Automotive Traction Motor Market - Opportunity Assessment |
9.1 Canada Automotive Traction Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 Canada Automotive Traction Motor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Canada Automotive Traction Motor Market Opportunity Assessment, By EV Type, 2021 & 2031F |
10 Canada Automotive Traction Motor Market - Competitive Landscape |
10.1 Canada Automotive Traction Motor Market Revenue Share, By Companies, 2024 |
10.2 Canada Automotive Traction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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