Japan Electric Traction Motor Market Size, Share, and COVID-19 Impact Analysis, By Type (AC Traction Motor, DC Traction Motor, and Synchronous Traction Motor), BY Power rating (<200 KW, 200-400 KW, and >400 KW), By Application (Automotive and Railways), and Japan Electric Traction Motor Market Insights, Industry Trend, Forecasts to 2035.

Japan Electric Traction Motor Market Insights Forecasts to 2035

• The Japan Electric Traction Motor Market Size is Expected to Grow at a CAGR of around 10.28% from 2025 to 2035
• The Japan Electric Traction Motor Market Size is Expected to hold a significant share by 2035

According to a research report published by Spherical Insights & Consulting, The Japan Electric Traction Motor Market Size is Anticipated to hold a significant share By 2035, Growing at a CAGR of 10.28% from 2025 to 2035. This is due to increasing adoption of electric vehicles, the expansion of electrified rail networks, and strong government support for carbon neutrality. Technological advancements in motor efficiency and the shift toward sustainable transportation further fuel market growth.

Market Overview

Japan electric traction motor industry is the sector concerned with the manufacture, supply, and use of electric motors for traction in Japan. Such motors are mainly utilized to power electric vehicles (EVs), hybrid electric vehicles (HEVs), electric trains, and other types of electrified transportation. The market includes a range of different motor types, such as AC, DC, and permanent magnet motors, and is key to Japan's attempts to foster sustainable mobility, lower emissions, and improve energy efficiency in transport systems. The Japan electric traction motor market presents strong opportunities driven by intensified transport electrification, such as electric vehicles, trains, and buses, driven by carbon neutrality policy and emission regulation. Greater motor efficiency, lightweight materials, and miniaturization translate into higher performance and energy saving, which appeal to manufacturers and consumers alike. Expanding urban public transit systems and rising industrial automation requirements also provide new markets. Collaboration between technology firms and auto manufacturers also drives the market further, positioning Japan as a hub of excellence for traction motor technology.

Report Coverage

This research report categorizes the market for the Japan electric traction motor market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan electric traction motor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Japan electric traction motor market.

Driving Factors

The Japan electric traction motor market is propelled by various major drivers contributing to its strong growth. First and foremost, the increasing demand for electric vehicles (EVs), which also encompasses electric trains, buses, and automobiles, tremendously fuels market growth as Japan puts a priority on carbon emission reductions and pursues sustainability objectives. Government policies and environmental regulations go a long way in fast-tracking the utilization of electric traction motors. Improved power density, greater efficiency, and compact size through technological advancements make electric traction motors more desirable. Increasing urbanization and growth in modern rail infrastructure also aid greater utilization of electric traction systems in mass transit. Increasing industrial automation and the migration towards electrified mobility across industries also fuels the growth of the market, making Japan a leading player in the global traction motor market.

Restraining Factors

The Japan electric traction motor market is hampered by high upfront expenses of sophisticated motor technologies and the technical challenge of incorporating such systems in the current infrastructure. Furthermore, limited raw materials like rare earth metals and rigorous regulation standards can slow down product development. Market expansion can also be impeded by competition from other propulsion systems and unstable economic conditions impacting investment.

Market Segmentation

The Japan electric traction motor market share is classified into type, power rating, and application.

• The AC traction motor segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan electric traction motor market is segmented by type into AC traction motor, DC traction motor, and synchronous traction motor. Among these, the AC traction motor segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is attributed to its superior efficiency, reliability, and low maintenance compared to DC motors. Growing demand for electric trains and vehicles, along with advancements in power electronics and control systems, is expected to drive strong CAGR growth during the forecast period.

• The 200-400 KW segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan electric traction motor market is segmented by power rating into <200 KW, 200-400 KW, and >400 KW. Among these, the 200-400 KW segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is attributed to its ideal power range for medium-sized electric vehicles and industrial applications. Increasing demand for efficient, high-performance traction motors in public transport and commercial sectors is expected to drive robust CAGR growth during the forecast period.

• The automotive segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.

The Japan electric traction motor market is segmented by application into automotive and railways. Among these, the automotive segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is attributed to the rising adoption of electric and hybrid vehicles in Japan. Increasing environmental regulations, government incentives, and consumer demand for cleaner transportation are driving the need for efficient electric traction motors, fueling strong CAGR growth during the forecast period.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the Japan electric traction motor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Nidec Corporation
• Mitsubishi Electric Corporation
• Hitachi, Ltd.
• Toshiba Corporation
• Denso Corporation

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at Japan, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Japan electric traction motor market based on the below-mentioned segments

Japan Electric Traction Motor Market, By Type

• AC Traction Motor
• DC Traction Motor
• Synchronous Traction Motor

Japan Electric Traction Motor Market, By Power rating

• <200 KW
• 200-400 KW
• >400 KW

Japan Electric Traction Motor Market, By Application

• Automotive
• Railways