Global Market Size, Forecast and Trend Highlights Over 2025-2037
Electric Vehicle Motor Controller Market size was valued at USD 5.5 billion in 2024 and is expected to secure a valuation of USD 39.1 billion in 2037, expanding at a CAGR of 16.3% during the forecast period, i.e., 2025-2037. In 2025, the industry size of electric vehicle motor controller is evaluated at USD 6.4 billion.
The EV motor controller market is experiencing substantial expansion, attributed to the implementation of wireless motor control systems. These wireless systems lower vehicle weight while boosting efficiency and reliability, removing the physical connectors that experience material deterioration and operational breakdown. Wireless in-wheel motors represent an important breakthrough in motor technology, as the system components receive power from magnetic resonance coupling and control signals from wireless communication. In addition, the innovative design solution optimizes vehicle structure, improving the driving security and power efficiency measures. In March 2023, Exro Technologies entered a strategic business partnership with Wolong Electric Group to integrate Exro's enhanced motor control technologies with Wolong's e-mobility applications, expanding their product reach and developing wireless motor control systems.
Electric Vehicle Motor Controller Market: Growth Drivers and Challenges
Growth Drivers
- Advancements in integrated power electronics: Electric powertrain development benefits from the integrated power electronics, reducing the wiring needs and lowering manufacturing expenses, leading to superior system performance. The development of advanced integrated controllers uses SiC together with GaN semiconductor materials to produce units featuring higher power density with improved heat dissipation capabilities. The latest SiC-based power module from Infineon Technologies was launched in May 2023, specifically for EV motor control purposes, with improved efficiency and system cost reduction benefits. These new technological solutions are creating better energy efficiency along with smaller and high-performance EV motor controllers.
- Expansion of EV retrofitting and conversions: EV retrofitting and conversions are driving the demand for motor controllers. The conversion process of existing vehicles through retrofit becomes an affordable solution for electrification while simultaneously increasing vehicle operational lifespan and reducing the environmental impact. Companies are developing modular and adaptable motor control products that match conversion projects of various types. Electrogenic released its plug-and-play Mazda MX-5 Miata conversion kit in December 2024 to enable a simple electric power transition. The conversion kits available at EV West include Volkswagen-compatible products together with universal Tesla drive units, serving the customers’ requirements for various retrofits. The EV motor controller market focuses increasingly on building flexible motor controller solutions, addressing the growing need for EV converter models.
Challenges
- Electromagnetic interference issues: There is an exposure to electromagnetic interference due to the high-frequency switching of electric vehicles that generates disturbances. This disturbance affects vehicle electronics, sensors, and wireless communication systems. Electromagnetic interference is causing performance instability that triggers breakdowns in safety-critical systems such as ADAS systems and infotainment. Manufacturers are resolving this problem by integrating protective shielding elements, including conductive enclosures with noise filters. Installing EMI mitigation solutions requires increased production expenses and enhanced design complications that create barriers for budget EVs to add efficient pollution mitigation systems without excessive expenditure.
- Software complexity and firmware compatibility: Using software-defined motor controllers in EVs brings new challenges to firmware management as well as compatibility needs. The process of updating firmware regularly enables better performance along with higher efficiency and protects against potential security threats. Merging new software systems with older motor controllers from different EV platforms creates operational issues that affect overall system performance. The process of manufacturing comprehensive tests together with normalized standards for integration demands significant manufacturer resources and drives up project expenses along with production timelines, mainly affecting the companies with dispersed product lines and supply chain dependency limitations.
Electric Vehicle Motor Controller Market: Key Insights
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Base Year |
2024 |
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Forecast Year |
2025-2037 |
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CAGR |
16.3% |
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Base Year Market Size (2024) |
USD 5.5 billion |
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Forecast Year Market Size (2037) |
USD 39.1 billion |
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Regional Scope |
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Electric Vehicle Motor Controller Segmentation
Product Type (AC Permanent Magnet Synchronous Motor Controller, AC Asynchronous Motor Controller, DC Motor Controller)
AC permanent magnet synchronous motor controller segment is expected to dominate electric vehicle motor controller market share of over 52.4% by 2037, attributed to their high-performance capabilities and enhanced efficiency level. The torque density combined with the high-power capabilities of PMSM motors allows electric vehicles to obtain enhanced speed and rapid acceleration ability and simultaneously reduce their power requirements. PMSM controllers present manufacturers with an attractive technological solution to improve the performance and range of their electric vehicles.
Application (Pure Electric Vehicle, Full Hybrid Electric Vehicle, Mild Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle)
The full hybrid electric vehicle segment in electric vehicle motor controller market is expected to register significant revenue between 2025 and 2037, as these vehicles include internal combustion engines and electric motors that enable efficiency-oriented fuel saving and emission reduction. HEVs are gaining increasing demand, attributed to heightened global sustainability focus along with requirements for efficient transportation solutions. These vehicles bridge the power requirements between electric and fossil fuel sources by enabling dual operation in both electric-only modes as well as combined electric and fossil fuel modes.
The dual powertrain system relies on highly advanced motor controllers that are required to guarantee smooth and efficient operation. Automakers are adopting hybrid systems, as government-emitted regulations regarding vehicle pollution and several jurisdictions encourage hybrid production through incentive plans. Advanced motor control solutions remain in high demand as hybrid vehicle energy management systems demand increasingly complex environments. The controllers that manage various operational modes need innovative solutions to optimize power movements between the electric motor and ICE for the highest performance alongside better efficiency.
Our in-depth analysis of the global electric vehicle motor controller market includes the following segments:
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Product Type |
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Application |
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Power Output |
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Customize this ReportElectric Vehicle Motor Controller Industry - Regional Scope
Asia Pacific Market Analysis
Asia Pacific in electric vehicle motor controller market is poised to dominate around 36.1% revenue share by the end of 2037, driven by the fast-growing adoption of electric vehicles in China, Japan, and India. The major position of China in the EV market spurs extensive investments toward EV infrastructure development and manufacturing strength, which results in significant advanced motor controller requirements. Local manufacturers direct their efforts toward making effective motor controllers, supporting the government's efforts toward eco-friendly vehicles and sustainable power solutions.
The China electric vehicle motor controller market is witnessing significant growth, owing to the government's decisive effort to transform the automotive sector into an electric mode. The EV motor controller market in the country keeps expanding due to government support, including financial assistance and production benefits, driving strong interest in sophisticated motor controller solutions. The market has been receiving major momentum as the local EV manufacturers and component suppliers are actively working together through acquisitions.
Manufacturers are accelerating their capabilities for EV motor controllers and establishing new innovative product releases that fulfill the requirements of the country’s EV market. The EV market in China is expanding as BYD revealed its new electric vehicle model named BYD Atto 3 in November 2023 and equipped it with efficient motor controllers. The company implemented this product launch as a response to growing EV motor controller market demand in the country. With advanced motor controllers and powertrain systems installed in its vehicle lineup, BYD strengthens its presence in the fast-growing electric vehicle market in the country.
The electric vehicle motor controller market in India is expected to accelerate, attributed to the country’s efforts for sustainable transportation and government programs that spur electric vehicle adoption. The FAME scheme of the local government combined with state-level policies is expected to boost the local electric vehicle manufacturing, therefore, creating an active demand market for enhanced motor controllers. The market requires more efficient motor controllers for electric vehicles as automakers are anticipated to set their sights on boosting nationwide electric vehicle production. The market is also expected to expand, owing to the increasing adoption of affordable and energy-efficient electric vehicles.
North America Market
The North America electric vehicle motor controller market is expected to witness a rapid expansion between 2025 and 2037, attributed to the integration of smart grid systems in electric vehicles. Modern motor controllers are all set to support the emerging power grid standards, as electric vehicle charging infrastructure is increasing alongside vehicle-to-grid technologies. Electric utilities are anticipated to require motor controllers that interface with smart grids as the functionality bridges the connection between EV technology and smart power distribution while maximizing operational efficiency.
The U.S. electric vehicle motor controller market is increasing as the automakers plan to produce more electric vehicles. Companies have been dedicating ample financial resources to their electric vehicle program that requires disruptive motor controller technology solutions. The manufacture of electric variants for popular models by automobile companies demands reliable motor controllers that have been efficiently optimized for their performance. Government initiatives encouraging zero-emitting vehicles along with regulatory support are creating further opportunities for EV technology investments, stimulating the motor controller market development. General Motors and BrightDrop established a close partnership in 2023 that resulted in developing advanced electric drive technology for their electric delivery vehicles. Through their joint partnership, the companies pursue the creation of next-generation motor controller solutions to enhance fleet electrification efficiency.
The electric vehicle motor controller market in Canada is expected to experience significant growth, as the country emphasizes sustainable transportation while the government supports electric vehicle adoption through industry policies. Through the Zero-Emission Vehicle Infrastructure Program, Canada is supporting the EV infrastructure growth, therefore promoting the electric vehicle market expansion. The increasing number of EVs on the road demands more efficient and advanced motor controllers for delivering top performance and efficiency. The country’s automotive industry has been adapting to electric vehicle demands through domestic and international collaboration, fostering the availability of modern motor controller technology solutions. Specialized motor control systems are also gaining significance as the country requires more solutions to support the expanding market for electric vehicles, with the advancements in technology and electric vehicle adoption in Canada.
Companies Dominating the Electric Vehicle Motor Controller Landscape
- Siemens AG
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Continental AG
- Robert Bosch GmbH
- American Motors Corporation
- Shanghai E-drive Co. Ltd.
- Chroma ATE Inc.
The competitive landscape of the electric vehicle motor controller market is rapidly evolving, attributed to the integration of advanced technologies in the industry by key players. They are focused on developing new technologies and products catering to the stringent regulatory norms and consumer demand. These key players are adopting several strategies such as mergers and acquisitions, joint ventures, partnerships, and novel product launches to enhance their product base and strengthen their market position. Here are some key players operating in the global EV motor controller market:
In the News
- In May 2024, REE unveiled a next-generation, software-driven electric commercial vehicle platform, the P7-S. The class 5 chassis was created in collaboration with a leading delivery fleet, designed to increase delivery efficiencies and improve fleet management.
- In June 2022, Microchip Technology Inc. introduced the LX34070 IC, an inductive position sensor designed for motor control applications in EVs. This sensor offers functional safety for ISO 26262 compliance under the Automotive Safety Integrity Level-C (ASIL-C) classification, featuring differential outputs and quick sample rates.
Author Credits: Saima Khursheed
- Report ID: 7323
- Published Date: Mar 10, 2025
- Report Format: PDF, PPT
