Electric Motors For Internal Combustion (IC) Engine Vehicles Market

By Motor Type;

Synchronous Motors, Asynchronous Motors, Permanent Magnet Motors and Switched Reluctance Motors

By Application;

Automotive, Aerospace, Industrial Machinery and Consumer Electronics

By Power Rating;

Low Power, Medium Power and High Power

By Cooling Type;

Air-Cooled, Liquid-Cooled and Hybrid Cooling

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn677581096 Published Date: October, 2025 Updated Date: November, 2025

Electric Motors For Internal Combustion (IC) Engine Vehicles Market Overview

Electric Motors For Ic Engine Vehicle Market (USD Million)

Electric Motors For Ic Engine Vehicle Market was valued at USD 613.04 million in the year 2024. The size of this market is expected to increase to USD 921.79 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.


Electric Motors For Internal Combustion (IC) Engine Vehicles Market

*Market size in USD million

CAGR 6.0 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.0 %
Market Size (2024)USD 613.04 Million
Market Size (2031)USD 921.79 Million
Market ConcentrationMedium
Report Pages309
613.04
2024
921.79
2031

Major Players

  • Hitachi Automotive Systems LtdD
  • Johnson Electric Holdings Limited
  • Denso Corp
  • Delphi Technologies
  • Aisin Seiki Co Ltd
  • Valeo SA
  • Magneti Marelli SpA

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Electric Motors For Internal Combustion (IC) Engine Vehicles Market

Fragmented - Highly competitive market without dominant players


The Electric Motors for Internal Combustion (IC) Engine Vehicles Market is growing as manufacturers emphasize performance, durability, and energy efficiency. Nearly 54% of IC engine vehicles now rely on electric motors for critical functions such as power steering, cooling fans, and fuel systems. Their integration is strengthening the reliability of conventional vehicles.

Increased Use in Vehicle Operations
Around 48% of newly designed vehicles incorporate electric motors to reduce mechanical loads and improve operational efficiency. These motors support smoother functionality and highlight the expanding role of electrification in traditional vehicles, making them indispensable to modern automotive engineering.

Efficiency and Functional Benefits
Electric motors in IC vehicles are valued for delivering fuel savings, enhanced comfort, and reliable support systems. Research shows that nearly 43% of users benefit from higher efficiency when motors power applications like cooling mechanisms and transmissions. Their contribution to optimized energy management is a key growth driver.

Innovation Supporting Growth
Advances in motor technologies, control units, and compact structures are shaping the market’s evolution. More than 37% of new developments are designed to improve power density, energy conservation, and seamless integration. These innovations ensure stronger performance and align with the industry’s shift toward smarter vehicles.

Market Outlook
The adoption of electric motors in IC vehicles is set to rise with the demand for efficient and hybrid-ready systems. Forecasts suggest that over 52% of future IC engine models will integrate electric motors, underlining their importance in advancing sustainable and high-performing automotive solutions.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Motor Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Power Rating
    4. Market Snapshot, By Cooling Type
    5. Market Snapshot, By Region
  4. Electric Motors For Ic Engine Vehicle Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rise of In-Car Features
        2. Fuel Efficiency Improvements
        3. Advancements in Electric Motor Technology
      2. Restraints
        1. Cost
        2. Limited Impact on Emissions
        3. Focus on Electric Vehicles
      3. Opportunities
        1. Mild Hybrid Electric Vehicles (MHEVs)
        2. Start-Stop TechnologyFocus on Efficiency
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Electric Motors For Internal Combustion (IC) Engine Vehicles Market, By Motor Type, 2021 - 2031 (USD Million)
      1. Synchronous Motors
      2. Asynchronous Motors
      3. Permanent Magnet Motors
      4. Switched Reluctance Motors
    2. Electric Motors For Internal Combustion (IC) Engine Vehicles Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Aerospace
      3. Industrial Machinery
      4. Consumer Electronics
    3. Electric Motors For Internal Combustion (IC) Engine Vehicles Market, By Power Rating, 2021 - 2031 (USD Million)
      1. Low Power
      2. Medium Power
      3. High Power
    4. Electric Motors For Internal Combustion (IC) Engine Vehicles Market, By Cooling Type, 2021 - 2031 (USD Million)
      1. Air-Cooled
      2. Liquid-Cooled
      3. Hybrid Cooling
    5. Electric Motors For Ic Engine Vehicle Market, By Geography, 2021 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nidec Corporation
      2. Denso Corporation
      3. Robert Bosch GmbH
      4. Johnson Electric Holdings Limited
      5. Mitsubishi Electric Corporation
      6. Hitachi Automotive Systems Ltd
      7. Delphi Technologies
      8. Aisin Seiki Co Ltd
      9. Valeo SA
      10. Magneti Marelli SpA
      11. Continental AG
      12. Mitsuba Corporation
      13. GKN Automotive Limited
      14. AMETEK Inc.
      15. Arc Systems Inc.
  7. Analyst Views
  8. Future Outlook of the Market