승용차용 축방향 자속 모터 시장 - 세계 산업 규모, 점유율, 동향, 기회, 예측 : 추진 방식, 수요 카테고리, 지역별＆경쟁(2021-2031년)

The Global Passenger Cars Axial Flux Motors Market is projected to expand from a valuation of USD 63.89 Million in 2025 to USD 90.02 Million by 2031, registering a Compound Annual Growth Rate of 5.88%. Distinguished by magnetic flux paths that run parallel to the axis of rotation, these motors feature a compact, disc-like profile that differs significantly from traditional radial flux configurations. The industry is propelled largely by the automotive sector's critical need for lightweight components with high torque density to optimize the range of electric vehicles. Additionally, the slim design of these motors fosters market growth by enabling engineers to enhance battery packaging and maximize cabin space, effectively resolving the rigorous spatial limitations found in contemporary vehicle architectures.

According to data from the China Association of Automobile Manufacturers (CAAM), new energy vehicle sales reached approximately 12.87 million units in 2024, highlighting the escalating demand for efficient powertrains capable of meeting modern transport performance standards. Despite this significant volume, the market faces a major hurdle regarding the intricacies of mass production. The complex assembly procedures necessary to ensure structural integrity and precise air gaps result in production bottlenecks and higher costs relative to mature radial flux technologies, thereby restricting rapid scalability and broader market expansion.

Market Driver

A key catalyst for market expansion is the rising deployment of axial flux motors within the luxury and high-performance electric vehicle segments, where automakers value power density to distinguish top-tier models. These motors provide a competitive edge by generating substantial torque within a slender, lightweight structure, allowing for better vehicle dynamics and offset battery weight without disrupting chassis balance. This capability is driving luxury OEMs to replace radial flux systems with axial flux technology to attain superior handling and acceleration. For example, Road & Track reported in October 2025 that YASA unveiled a next-generation prototype for Mercedes-AMG that produces 750 kW of power while weighing just 12.7 kilograms, establishing a new standard for propulsion efficiency.

Furthermore, the technology's applicability to space-restricted hybrid and in-wheel setups is widening the market reach beyond supercars. The disc-shaped geometry facilitates smooth integration between transmissions and internal combustion engines in plug-in hybrids, which is essential for electrifying legacy platforms while maintaining compact drivetrain footprints. This utility is reflected in the growing sales of hybrids utilizing such integration; Chery International announced in January 2025 that its plug-in hybrid sales topped 100,000 units in December 2024 alone. To address this rising component demand, suppliers are ramping up industrialization, with MercedesBlog reporting in July 2025 that YASA aims to scale production to 50,000 units annually for the premium automotive sector.

Market Challenge

The difficulties inherent in mass manufacturing represent a major obstacle to the growth of the axial flux motor sector. In contrast to radial flux designs that benefit from established, automated production processes, axial flux architectures demand complex assembly techniques to guarantee structural rigidity and maintain exact air gaps. These rigorous precision standards lead to manufacturing bottlenecks and substantially higher unit costs. As a result, producers find it difficult to reach the economies of scale required to be competitive in the price-sensitive passenger car market, confining the technology largely to niche, high-performance uses.

This inability to scale production directly impedes the technology's widespread adoption across the general electric vehicle industry. The European Automobile Manufacturers' Association (ACEA) reported that new car registrations in the European Union totaled approximately 10.6 million units in 2024. Although there is clear demand for electrified powertrains within this vast volume, the manufacturing limitations of axial flux motors hinder them from becoming the default propulsion choice. The ongoing struggle to optimize production flows to equal the throughput of conventional motors ensures that axial flux technology currently fails to secure a substantial portion of the global mass market.

Market Trends

The utilization of Soft Magnetic Composite (SMC) materials for stator core production is becoming a vital trend for addressing the manufacturing challenges of axial flux motors. While conventional laminated steel sheets limit magnetic flux to two dimensions, SMCs are composed of iron powder particles with an insulating coating, facilitating the three-dimensional flux paths required by the compact disc topology. This material advancement supports cost-efficient mass production of intricate stator shapes via net-shape pressing, which drastically cuts assembly time and material waste compared to traditional techniques. In its 'Annual and Sustainability Report 2024' released in April 2025, Hoganas AB reported a turnover of 11,826 MSEK, attributing success to securing its first major commercial contract for soft magnetic materials in electric vehicle drivetrains.

Concurrently, the industry is seeing progress in yokeless and segmented armature topologies driven by strategic alliances between powertrain suppliers and motor specialists. This movement targets the removal of the stator yoke to reduce iron losses and weight, while coupling these distinct motors with high-voltage inverters to optimize system output. Such partnerships are crucial for validating the electrical and thermal compatibility of axial flux designs in integrated electric drive units, speeding up the shift from prototyping to commercial readiness. As an example, Traxial announced in a July 2025 press release titled 'Joint High-Performance Axial Flux eDrive Testing' that it successfully validated its yokeless motor integrated with Punch Powertrain's 800V silicon carbide inverter, creating a scalable system capable of 400 kW.

Key Market Players

• YASA Limited
• Magnax
• EMRAX
• Phi-Power
• PanGood
• Omni Powertrain Technologies
• Naxatra Labs
• Turntide Technologies
• EFLOW
• Beyond Motors

Report Scope

In this report, the Global Passenger Cars Axial Flux Motors Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Passenger Cars Axial Flux Motors Market, By Propulsion

• BEV
• HEV
• PHEV

Passenger Cars Axial Flux Motors Market, By Demand Category

• OEM
• Aftermarket

Passenger Cars Axial Flux Motors Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Passenger Cars Axial Flux Motors Market.

Available Customizations:

Global Passenger Cars Axial Flux Motors Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Passenger Cars Axial Flux Motors Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Propulsion (BEV, HEV, PHEV)
  • 5.2.2. By Demand Category (OEM, Aftermarket)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Passenger Cars Axial Flux Motors Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Propulsion
  • 6.2.2. By Demand Category
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Passenger Cars Axial Flux Motors Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Propulsion
      • 6.3.1.2.2. By Demand Category
  • 6.3.2. Canada Passenger Cars Axial Flux Motors Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Propulsion
      • 6.3.2.2.2. By Demand Category
  • 6.3.3. Mexico Passenger Cars Axial Flux Motors Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Propulsion
      • 6.3.3.2.2. By Demand Category

7. Europe Passenger Cars Axial Flux Motors Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Propulsion
  • 7.2.2. By Demand Category
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Passenger Cars Axial Flux Motors Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Propulsion
      • 7.3.1.2.2. By Demand Category
  • 7.3.2. France Passenger Cars Axial Flux Motors Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Propulsion
      • 7.3.2.2.2. By Demand Category
  • 7.3.3. United Kingdom Passenger Cars Axial Flux Motors Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Propulsion
      • 7.3.3.2.2. By Demand Category
  • 7.3.4. Italy Passenger Cars Axial Flux Motors Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Propulsion
      • 7.3.4.2.2. By Demand Category
  • 7.3.5. Spain Passenger Cars Axial Flux Motors Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Propulsion
      • 7.3.5.2.2. By Demand Category

8. Asia Pacific Passenger Cars Axial Flux Motors Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Propulsion
  • 8.2.2. By Demand Category
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Passenger Cars Axial Flux Motors Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Propulsion
      • 8.3.1.2.2. By Demand Category
  • 8.3.2. India Passenger Cars Axial Flux Motors Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Propulsion
      • 8.3.2.2.2. By Demand Category
  • 8.3.3. Japan Passenger Cars Axial Flux Motors Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Propulsion
      • 8.3.3.2.2. By Demand Category
  • 8.3.4. South Korea Passenger Cars Axial Flux Motors Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Propulsion
      • 8.3.4.2.2. By Demand Category
  • 8.3.5. Australia Passenger Cars Axial Flux Motors Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Propulsion
      • 8.3.5.2.2. By Demand Category

9. Middle East & Africa Passenger Cars Axial Flux Motors Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Propulsion
  • 9.2.2. By Demand Category
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Passenger Cars Axial Flux Motors Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Propulsion
      • 9.3.1.2.2. By Demand Category
  • 9.3.2. UAE Passenger Cars Axial Flux Motors Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Propulsion
      • 9.3.2.2.2. By Demand Category
  • 9.3.3. South Africa Passenger Cars Axial Flux Motors Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Propulsion
      • 9.3.3.2.2. By Demand Category

10. South America Passenger Cars Axial Flux Motors Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Propulsion
  • 10.2.2. By Demand Category
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Passenger Cars Axial Flux Motors Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Propulsion
      • 10.3.1.2.2. By Demand Category
  • 10.3.2. Colombia Passenger Cars Axial Flux Motors Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Propulsion
      • 10.3.2.2.2. By Demand Category
  • 10.3.3. Argentina Passenger Cars Axial Flux Motors Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Propulsion
      • 10.3.3.2.2. By Demand Category

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Passenger Cars Axial Flux Motors Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. YASA Limited
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Magnax
• 15.3. EMRAX
• 15.4. Phi-Power
• 15.5. PanGood
• 15.6. Omni Powertrain Technologies
• 15.7. Naxatra Labs
• 15.8. Turntide Technologies
• 15.9. EFLOW
• 15.10. Beyond Motors

16. Strategic Recommendations

17. About Us & Disclaimer