The global market for Motor Shaft for New Energy Vehicles was estimated to be worth US$ 1785 million in 2024 and is forecast to a readjusted size of US$ 4769 million by 2031 with a CAGR of 14.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Motor Shaft for New Energy Vehicles cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
The motor shaft of a new energy vehicle is a critical component of the electric motor, primarily used to transmit the rotational force generated by the motor to the wheels, thereby propelling the vehicle forward.
In 2024, global sales of motor shafts for new energy vehicles reached 17.7 million units, with an average selling price of USD 101 per unit.
Market Overview: The global new energy vehicle motor shaft market is highly concentrated, with the top five manufacturers accounting for approximately 50% of the global market share. Regionally, the Asia-Pacific region is the largest market, accounting for approximately 50% of the market share. In terms of product types, solid shafts are the largest segment, accounting for approximately 65% of the market share. In downstream applications, passenger vehicles are the primary source of demand, accounting for approximately 93% of the market share.
Development Trends: As global emphasis on environmental protection and energy efficiency continues to grow, the electric vehicle market is expanding rapidly, which will continue to drive demand for new energy vehicle motor shafts. To meet the high-performance requirements of electric vehicles, demand for high-performance motor shafts capable of withstanding high torque and speeds will gradually increase, and motor shaft products will evolve toward higher performance and efficiency.
This report aims to provide a comprehensive presentation of the global market for Motor Shaft for New Energy Vehicles, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Motor Shaft for New Energy Vehicles by region & country, by Type, and by Application.
The Motor Shaft for New Energy Vehicles market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Motor Shaft for New Energy Vehicles.
Market Segmentation
By Company
- Thyssenkrupp
- Jin Rixin Shaft
- Hirschvogel
- Chongqing Chuangjing Warm Forging Forming Company
- Pacific Precision Forging
- Tekfor
- POPPE+POTTHOFF
- Leateck
- Nanjing Chervon Auto
- Zhejiang Nessral
- Feida Precision Manufacturing
- Chongqing Longwen Machinery Equipment Co., Ltd.
- Jiangxi Sunlead Precision Seiko
Segment by Type
Segment by Application
- Passenger Car
- Commercial Vehicle
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Motor Shaft for New Energy Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Motor Shaft for New Energy Vehicles in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Motor Shaft for New Energy Vehicles in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Motor Shaft for New Energy Vehicles Product Introduction
- 1.2 Global Motor Shaft for New Energy Vehicles Market Size Forecast
- 1.2.1 Global Motor Shaft for New Energy Vehicles Sales Value (2020-2031)
- 1.2.2 Global Motor Shaft for New Energy Vehicles Sales Volume (2020-2031)
- 1.2.3 Global Motor Shaft for New Energy Vehicles Sales Price (2020-2031)
- 1.3 Motor Shaft for New Energy Vehicles Market Trends & Drivers
- 1.3.1 Motor Shaft for New Energy Vehicles Industry Trends
- 1.3.2 Motor Shaft for New Energy Vehicles Market Drivers & Opportunity
- 1.3.3 Motor Shaft for New Energy Vehicles Market Challenges
- 1.3.4 Motor Shaft for New Energy Vehicles Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Motor Shaft for New Energy Vehicles Players Revenue Ranking (2024)
- 2.2 Global Motor Shaft for New Energy Vehicles Revenue by Company (2020-2025)
- 2.3 Global Motor Shaft for New Energy Vehicles Players Sales Volume Ranking (2024)
- 2.4 Global Motor Shaft for New Energy Vehicles Sales Volume by Company Players (2020-2025)
- 2.5 Global Motor Shaft for New Energy Vehicles Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Motor Shaft for New Energy Vehicles Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Motor Shaft for New Energy Vehicles Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Motor Shaft for New Energy Vehicles
- 2.9 Motor Shaft for New Energy Vehicles Market Competitive Analysis
- 2.9.1 Motor Shaft for New Energy Vehicles Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Motor Shaft for New Energy Vehicles Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Motor Shaft for New Energy Vehicles as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Hollow Shaft
- 3.1.2 Solid Shaft
- 3.2 Global Motor Shaft for New Energy Vehicles Sales Value by Type
- 3.2.1 Global Motor Shaft for New Energy Vehicles Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Motor Shaft for New Energy Vehicles Sales Value, by Type (2020-2031)
- 3.2.3 Global Motor Shaft for New Energy Vehicles Sales Value, by Type (%) (2020-2031)
- 3.3 Global Motor Shaft for New Energy Vehicles Sales Volume by Type
- 3.3.1 Global Motor Shaft for New Energy Vehicles Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Motor Shaft for New Energy Vehicles Sales Volume, by Type (2020-2031)
- 3.3.3 Global Motor Shaft for New Energy Vehicles Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Motor Shaft for New Energy Vehicles Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Passenger Car
- 4.1.2 Commercial Vehicle
- 4.2 Global Motor Shaft for New Energy Vehicles Sales Value by Application
- 4.2.1 Global Motor Shaft for New Energy Vehicles Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Motor Shaft for New Energy Vehicles Sales Value, by Application (2020-2031)
- 4.2.3 Global Motor Shaft for New Energy Vehicles Sales Value, by Application (%) (2020-2031)
- 4.3 Global Motor Shaft for New Energy Vehicles Sales Volume by Application
- 4.3.1 Global Motor Shaft for New Energy Vehicles Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Motor Shaft for New Energy Vehicles Sales Volume, by Application (2020-2031)
- 4.3.3 Global Motor Shaft for New Energy Vehicles Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Motor Shaft for New Energy Vehicles Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Motor Shaft for New Energy Vehicles Sales Value by Region
- 5.1.1 Global Motor Shaft for New Energy Vehicles Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Motor Shaft for New Energy Vehicles Sales Value by Region (2020-2025)
- 5.1.3 Global Motor Shaft for New Energy Vehicles Sales Value by Region (2026-2031)
- 5.1.4 Global Motor Shaft for New Energy Vehicles Sales Value by Region (%), (2020-2031)
- 5.2 Global Motor Shaft for New Energy Vehicles Sales Volume by Region
- 5.2.1 Global Motor Shaft for New Energy Vehicles Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Motor Shaft for New Energy Vehicles Sales Volume by Region (2020-2025)
- 5.2.3 Global Motor Shaft for New Energy Vehicles Sales Volume by Region (2026-2031)
- 5.2.4 Global Motor Shaft for New Energy Vehicles Sales Volume by Region (%), (2020-2031)
- 5.3 Global Motor Shaft for New Energy Vehicles Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 5.4.2 North America Motor Shaft for New Energy Vehicles Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 5.5.2 Europe Motor Shaft for New Energy Vehicles Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 5.6.2 Asia Pacific Motor Shaft for New Energy Vehicles Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 5.7.2 South America Motor Shaft for New Energy Vehicles Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Motor Shaft for New Energy Vehicles Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Motor Shaft for New Energy Vehicles Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Motor Shaft for New Energy Vehicles Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Motor Shaft for New Energy Vehicles Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 6.3.2 United States Motor Shaft for New Energy Vehicles Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Motor Shaft for New Energy Vehicles Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 6.4.2 Europe Motor Shaft for New Energy Vehicles Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Motor Shaft for New Energy Vehicles Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 6.5.2 China Motor Shaft for New Energy Vehicles Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Motor Shaft for New Energy Vehicles Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 6.6.2 Japan Motor Shaft for New Energy Vehicles Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Motor Shaft for New Energy Vehicles Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 6.7.2 South Korea Motor Shaft for New Energy Vehicles Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Motor Shaft for New Energy Vehicles Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 6.8.2 Southeast Asia Motor Shaft for New Energy Vehicles Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Motor Shaft for New Energy Vehicles Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Motor Shaft for New Energy Vehicles Sales Value, 2020-2031
- 6.9.2 India Motor Shaft for New Energy Vehicles Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Motor Shaft for New Energy Vehicles Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Thyssenkrupp
- 7.1.1 Thyssenkrupp Company Information
- 7.1.2 Thyssenkrupp Introduction and Business Overview
- 7.1.3 Thyssenkrupp Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Thyssenkrupp Motor Shaft for New Energy Vehicles Product Offerings
- 7.1.5 Thyssenkrupp Recent Development
- 7.2 Jin Rixin Shaft
- 7.2.1 Jin Rixin Shaft Company Information
- 7.2.2 Jin Rixin Shaft Introduction and Business Overview
- 7.2.3 Jin Rixin Shaft Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Jin Rixin Shaft Motor Shaft for New Energy Vehicles Product Offerings
- 7.2.5 Jin Rixin Shaft Recent Development
- 7.3 Hirschvogel
- 7.3.1 Hirschvogel Company Information
- 7.3.2 Hirschvogel Introduction and Business Overview
- 7.3.3 Hirschvogel Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Hirschvogel Motor Shaft for New Energy Vehicles Product Offerings
- 7.3.5 Hirschvogel Recent Development
- 7.4 Chongqing Chuangjing Warm Forging Forming Company
- 7.4.1 Chongqing Chuangjing Warm Forging Forming Company Company Information
- 7.4.2 Chongqing Chuangjing Warm Forging Forming Company Introduction and Business Overview
- 7.4.3 Chongqing Chuangjing Warm Forging Forming Company Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Chongqing Chuangjing Warm Forging Forming Company Motor Shaft for New Energy Vehicles Product Offerings
- 7.4.5 Chongqing Chuangjing Warm Forging Forming Company Recent Development
- 7.5 Pacific Precision Forging
- 7.5.1 Pacific Precision Forging Company Information
- 7.5.2 Pacific Precision Forging Introduction and Business Overview
- 7.5.3 Pacific Precision Forging Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Pacific Precision Forging Motor Shaft for New Energy Vehicles Product Offerings
- 7.5.5 Pacific Precision Forging Recent Development
- 7.6 Tekfor
- 7.6.1 Tekfor Company Information
- 7.6.2 Tekfor Introduction and Business Overview
- 7.6.3 Tekfor Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Tekfor Motor Shaft for New Energy Vehicles Product Offerings
- 7.6.5 Tekfor Recent Development
- 7.7 POPPE+POTTHOFF
- 7.7.1 POPPE+POTTHOFF Company Information
- 7.7.2 POPPE+POTTHOFF Introduction and Business Overview
- 7.7.3 POPPE+POTTHOFF Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 POPPE+POTTHOFF Motor Shaft for New Energy Vehicles Product Offerings
- 7.7.5 POPPE+POTTHOFF Recent Development
- 7.8 Leateck
- 7.8.1 Leateck Company Information
- 7.8.2 Leateck Introduction and Business Overview
- 7.8.3 Leateck Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Leateck Motor Shaft for New Energy Vehicles Product Offerings
- 7.8.5 Leateck Recent Development
- 7.9 Nanjing Chervon Auto
- 7.9.1 Nanjing Chervon Auto Company Information
- 7.9.2 Nanjing Chervon Auto Introduction and Business Overview
- 7.9.3 Nanjing Chervon Auto Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Nanjing Chervon Auto Motor Shaft for New Energy Vehicles Product Offerings
- 7.9.5 Nanjing Chervon Auto Recent Development
- 7.10 Zhejiang Nessral
- 7.10.1 Zhejiang Nessral Company Information
- 7.10.2 Zhejiang Nessral Introduction and Business Overview
- 7.10.3 Zhejiang Nessral Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Zhejiang Nessral Motor Shaft for New Energy Vehicles Product Offerings
- 7.10.5 Zhejiang Nessral Recent Development
- 7.11 Feida Precision Manufacturing
- 7.11.1 Feida Precision Manufacturing Company Information
- 7.11.2 Feida Precision Manufacturing Introduction and Business Overview
- 7.11.3 Feida Precision Manufacturing Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Feida Precision Manufacturing Motor Shaft for New Energy Vehicles Product Offerings
- 7.11.5 Feida Precision Manufacturing Recent Development
- 7.12 Chongqing Longwen Machinery Equipment Co., Ltd.
- 7.12.1 Chongqing Longwen Machinery Equipment Co., Ltd. Company Information
- 7.12.2 Chongqing Longwen Machinery Equipment Co., Ltd. Introduction and Business Overview
- 7.12.3 Chongqing Longwen Machinery Equipment Co., Ltd. Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Chongqing Longwen Machinery Equipment Co., Ltd. Motor Shaft for New Energy Vehicles Product Offerings
- 7.12.5 Chongqing Longwen Machinery Equipment Co., Ltd. Recent Development
- 7.13 Jiangxi Sunlead Precision Seiko
- 7.13.1 Jiangxi Sunlead Precision Seiko Company Information
- 7.13.2 Jiangxi Sunlead Precision Seiko Introduction and Business Overview
- 7.13.3 Jiangxi Sunlead Precision Seiko Motor Shaft for New Energy Vehicles Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Jiangxi Sunlead Precision Seiko Motor Shaft for New Energy Vehicles Product Offerings
- 7.13.5 Jiangxi Sunlead Precision Seiko Recent Development
8 Industry Chain Analysis
- 8.1 Motor Shaft for New Energy Vehicles Industrial Chain
- 8.2 Motor Shaft for New Energy Vehicles Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Motor Shaft for New Energy Vehicles Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Motor Shaft for New Energy Vehicles Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer