| Product Code: ETC7066522 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The market for electric motors for IC engine vehicles in El Salvador continues to show strong growth, with a notable CAGR of 23.23% from 2020 to 2024. In 2024, the USA, China, Mexico, Germany, and Italy emerged as the top exporters to El Salvador. Despite the presence of multiple countries, the market remains concentrated, as indicated by the high Herfindahl-Hirschman Index (HHI). The growth rate of 3.71% from 2023 to 2024 demonstrates sustained momentum in import shipments, highlighting the increasing demand for electric motors in the region.

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 El Salvador Electric Motors for IC Engine Vehicle Market Overview |
3.1 El Salvador Country Macro Economic Indicators |
3.2 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, 2021 & 2031F |
3.3 El Salvador Electric Motors for IC Engine Vehicle Market - Industry Life Cycle |
3.4 El Salvador Electric Motors for IC Engine Vehicle Market - Porter's Five Forces |
3.5 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.6 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.7 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume Share, By Supply Type, 2021 & 2031F |
3.8 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume Share, By Application Type, 2021 & 2031F |
4 El Salvador Electric Motors for IC Engine Vehicle Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Government initiatives promoting the adoption of electric vehicles |
4.2.2 Increasing environmental concerns and regulations related to emissions |
4.2.3 Rising fuel prices leading to a shift towards more fuel-efficient vehicles |
4.3 Market Restraints |
4.3.1 Lack of infrastructure for electric vehicle charging stations |
4.3.2 High initial costs of electric vehicles and electric motors for IC engine vehicles |
4.3.3 Limited availability of electric vehicle models in the market |
5 El Salvador Electric Motors for IC Engine Vehicle Market Trends |
6 El Salvador Electric Motors for IC Engine Vehicle Market, By Types |
6.1 El Salvador Electric Motors for IC Engine Vehicle Market, By Vehicle Type |
6.1.1 Overview and Analysis |
6.1.2 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Vehicle Type, 2021- 2031F |
6.1.3 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Passenger Cars, 2021- 2031F |
6.1.4 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Commercial Vehicles, 2021- 2031F |
6.2 El Salvador Electric Motors for IC Engine Vehicle Market, By Motor Type |
6.2.1 Overview and Analysis |
6.2.2 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By AC Motor, 2021- 2031F |
6.2.3 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By DC Motor, 2021- 2031F |
6.3 El Salvador Electric Motors for IC Engine Vehicle Market, By Supply Type |
6.3.1 Overview and Analysis |
6.3.2 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Below 24 V, 2021- 2031F |
6.3.3 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By 48 V and Above, 2021- 2031F |
6.4 El Salvador Electric Motors for IC Engine Vehicle Market, By Application Type |
6.4.1 Overview and Analysis |
6.4.2 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By ABS Motor, 2021- 2031F |
6.4.3 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Door Lock Motor, 2021- 2031F |
6.4.4 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Electric Power Steering Brushed Motor, 2021- 2031F |
6.4.5 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Electric Power Steering Brushless Motor, 2021- 2031F |
6.4.6 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Handbrake Motor, 2021- 2031F |
6.4.7 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Oil Pump Motor, 2021- 2031F |
6.4.8 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Power Window Motor, 2021- 2031F |
6.4.9 El Salvador Electric Motors for IC Engine Vehicle Market Revenues & Volume, By Power Window Motor, 2021- 2031F |
7 El Salvador Electric Motors for IC Engine Vehicle Market Import-Export Trade Statistics |
7.1 El Salvador Electric Motors for IC Engine Vehicle Market Export to Major Countries |
7.2 El Salvador Electric Motors for IC Engine Vehicle Market Imports from Major Countries |
8 El Salvador Electric Motors for IC Engine Vehicle Market Key Performance Indicators |
8.1 Average distance traveled per charge |
8.2 Battery technology advancements |
8.3 Number of public charging stations installed |
8.4 Adoption rate of electric vehicles compared to traditional vehicles |
8.5 Investment in research and development for electric motor technology |
9 El Salvador Electric Motors for IC Engine Vehicle Market - Opportunity Assessment |
9.1 El Salvador Electric Motors for IC Engine Vehicle Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.2 El Salvador Electric Motors for IC Engine Vehicle Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.3 El Salvador Electric Motors for IC Engine Vehicle Market Opportunity Assessment, By Supply Type, 2021 & 2031F |
9.4 El Salvador Electric Motors for IC Engine Vehicle Market Opportunity Assessment, By Application Type, 2021 & 2031F |
10 El Salvador Electric Motors for IC Engine Vehicle Market - Competitive Landscape |
10.1 El Salvador Electric Motors for IC Engine Vehicle Market Revenue Share, By Companies, 2024 |
10.2 El Salvador Electric Motors for IC Engine Vehicle Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |