| Product Code: ETC11848608 | Publication Date: Apr 2025 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 65 | No. of Figures: 34 | No. of Tables: 19 | |
Peru`s electric vehicle traction motor import shipments saw a significant increase in 2024, with top exporting countries being China, USA, Germany, Italy, and Mexico. The market concentration, as measured by the HHI, shifted from low to moderate in 2024, indicating a more competitive landscape. With a strong compound annual growth rate (CAGR) of 10.82% from 2020 to 2024 and a remarkable growth rate of 39.48% from 2023 to 2024, Peru`s electric vehicle market is demonstrating rapid expansion and attracting diverse sources of supply.

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 Peru Electric Vehicle EV Traction Motor Market Overview |
3.1 Peru Country Macro Economic Indicators |
3.2 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, 2021 & 2031F |
3.3 Peru Electric Vehicle EV Traction Motor Market - Industry Life Cycle |
3.4 Peru Electric Vehicle EV Traction Motor Market - Porter's Five Forces |
3.5 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume Share, By Motor Type, 2021 & 2031F |
3.6 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume Share, By Features, 2021 & 2031F |
3.7 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.9 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume Share, By Power Output, 2021 & 2031F |
4 Peru Electric Vehicle EV Traction Motor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing government initiatives and incentives to promote electric vehicles in Peru |
4.2.2 Growing environmental awareness and concerns about air pollution |
4.2.3 Rising fuel prices leading to a shift towards electric vehicles |
4.2.4 Technological advancements in electric vehicle traction motor technology |
4.2.5 Expansion of charging infrastructure for electric vehicles in Peru |
4.3 Market Restraints |
4.3.1 High upfront costs associated with electric vehicles and traction motors |
4.3.2 Limited range and charging infrastructure for electric vehicles in Peru |
4.3.3 Lack of consumer awareness and education about electric vehicles |
4.3.4 Insufficient battery technology advancements impacting the performance of electric vehicle traction motors |
4.3.5 Regulatory challenges and lack of supportive policies for electric vehicle adoption in Peru |
5 Peru Electric Vehicle EV Traction Motor Market Trends |
6 Peru Electric Vehicle EV Traction Motor Market, By Types |
6.1 Peru Electric Vehicle EV Traction Motor Market, By Motor Type |
6.1.1 Overview and Analysis |
6.1.2 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Motor Type, 2021 - 2031F |
6.1.3 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Permanent Magnet Synchronous Motor (PMSM), 2021 - 2031F |
6.1.4 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Induction Motor, 2021 - 2031F |
6.1.5 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Switched Reluctance Motor (SRM), 2021 - 2031F |
6.1.6 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Axial Flux Motor, 2021 - 2031F |
6.2 Peru Electric Vehicle EV Traction Motor Market, By Features |
6.2.1 Overview and Analysis |
6.2.2 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By High Efficiency, 2021 - 2031F |
6.2.3 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Low Maintenance, 2021 - 2031F |
6.2.4 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Cost-Effective, 2021 - 2031F |
6.2.5 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Compact & Lightweight, 2021 - 2031F |
6.3 Peru Electric Vehicle EV Traction Motor Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Passenger EVs, 2021 - 2031F |
6.3.3 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Commercial EVs, 2021 - 2031F |
6.3.4 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Heavy-Duty EVs, 2021 - 2031F |
6.3.5 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By High-Performance Vehicles, 2021 - 2031F |
6.4 Peru Electric Vehicle EV Traction Motor Market, By End User |
6.4.1 Overview and Analysis |
6.4.2 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By EV Manufacturers, 2021 - 2031F |
6.4.3 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Fleet Operators, 2021 - 2031F |
6.4.4 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Construction & Industrial, 2021 - 2031F |
6.4.5 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By Sports Cars, 2021 - 2031F |
6.5 Peru Electric Vehicle EV Traction Motor Market, By Power Output |
6.5.1 Overview and Analysis |
6.5.2 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By 50-200 kW, 2021 - 2031F |
6.5.3 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By 100-300 kW, 2021 - 2031F |
6.5.4 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By 150-400 kW, 2021 - 2031F |
6.5.5 Peru Electric Vehicle EV Traction Motor Market Revenues & Volume, By 200-600 kW, 2021 - 2031F |
7 Peru Electric Vehicle EV Traction Motor Market Import-Export Trade Statistics |
7.1 Peru Electric Vehicle EV Traction Motor Market Export to Major Countries |
7.2 Peru Electric Vehicle EV Traction Motor Market Imports from Major Countries |
8 Peru Electric Vehicle EV Traction Motor Market Key Performance Indicators |
8.1 Average charging time for electric vehicles in Peru |
8.2 Number of public charging stations for electric vehicles |
8.3 Percentage of renewable energy sources used for charging electric vehicles |
8.4 Adoption rate of electric vehicles in the transportation sector in Peru |
8.5 Average lifespan of electric vehicle traction motors in Peru |
9 Peru Electric Vehicle EV Traction Motor Market - Opportunity Assessment |
9.1 Peru Electric Vehicle EV Traction Motor Market Opportunity Assessment, By Motor Type, 2021 & 2031F |
9.2 Peru Electric Vehicle EV Traction Motor Market Opportunity Assessment, By Features, 2021 & 2031F |
9.3 Peru Electric Vehicle EV Traction Motor Market Opportunity Assessment, By Application, 2021 & 2031F |
9.4 Peru Electric Vehicle EV Traction Motor Market Opportunity Assessment, By End User, 2021 & 2031F |
9.5 Peru Electric Vehicle EV Traction Motor Market Opportunity Assessment, By Power Output, 2021 & 2031F |
10 Peru Electric Vehicle EV Traction Motor Market - Competitive Landscape |
10.1 Peru Electric Vehicle EV Traction Motor Market Revenue Share, By Companies, 2024 |
10.2 Peru Electric Vehicle EV Traction Motor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |