The global Axial Flux Motor market size is predicted to grow from US$ 747 million in 2025 to US$ 17514 million in 2031; it is expected to grow at a CAGR of 69.2% from 2025 to 2031.

The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.

An axial motor, also known as a "pancake motor," is an electric motor where the magnetic flux travels parallel to the axis of rotation, as opposed to the radial flux motors where the magnetic flux flows perpendicular to the axis. This design allows for a compact and lightweight motor with a large diameter and short axial length. The stator and rotor are typically arranged in a disc-like configuration, enabling high torque density and efficient power delivery. Axial flux motors are particularly advantageous in applications where space and weight are critical factors, such as in electric vehicles (EVs), aerospace, and industrial machinery.

The global market for axial flux motors is experiencing significant growth, driven by advancements in electric vehicle technology and the increasing demand for high-performance, energy-efficient motors. Europe stands as the largest consumer market, accounting for approximately 60% of global revenue. This dominance is attributed to the region's strong automotive industry, stringent environmental regulations, and substantial investments in electric mobility.

Within the axial flux motor segment, the Dual-Rotor Single-Stator configuration holds a substantial market share, estimated at around 67%. This design offers enhanced torque density and efficiency, making it suitable for high-performance applications. The Single-Rotor Dual-Stator configuration, while less prevalent, provides unique advantages in specific use cases, such as applications requiring high-speed operation and compact design.

Market Drivers

Several factors are propelling the growth of the axial flux motor market:

Advancements in Electric Vehicle Technology: The shift towards electric mobility necessitates the development of efficient and compact motor solutions, positioning axial flux motors as a favorable choice.

Environmental Regulations: Stringent emissions standards and environmental policies, particularly in Europe, are encouraging the adoption of technologies that contribute to sustainability, such as axial flux motors.

Consumer Demand for High-Performance Vehicles: The increasing consumer preference for high-performance electric vehicles drives automakers to explore innovative motor technologies, including axial flux designs.

Technological Advancements: Continuous research and development efforts are enhancing the performance, efficiency, and manufacturability of axial flux motors, expanding their applicability across various industries.

Market Barriers

Despite their advantages, the adoption of axial flux motors faces certain challenges:

High Development and Manufacturing Costs: The specialized materials and precision engineering required for axial flux motors can result in higher production costs compared to traditional radial flux motors.

Design and Production Complexity: The unique design of axial flux motors necessitates advanced manufacturing techniques and poses challenges in maintaining uniform air gaps and effective cooling.

Limited Production Capacity: Scaling up production to meet the growing demand for axial flux motors requires significant investment in manufacturing infrastructure and expertise.

Competition from Established Technologies: Radial flux motors and other conventional motor technologies have well-established supply chains and customer bases, presenting competition for the emerging axial flux motor market.

Conclusion

The axial flux motor represents a transformative advancement in motor technology, offering significant benefits in terms of size, weight, and efficiency. While challenges related to cost, manufacturing complexity, and competition exist, ongoing technological developments and increasing demand for sustainable and high-performance solutions are likely to drive the continued growth and adoption of axial flux motors across various industries. Europe's leadership in this market underscores the region's commitment to innovation and sustainability in the transition towards electric mobility.

LP Information, Inc. (LPI) ' newest research report, the “Axial Flux Motor Industry Forecast” looks at past sales and reviews total world Axial Flux Motor sales in 2024, providing a comprehensive analysis by region and market sector of projected Axial Flux Motor sales for 2025 through 2031. With Axial Flux Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Axial Flux Motor industry.

This Insight Report provides a comprehensive analysis of the global Axial Flux Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Axial Flux Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Axial Flux Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Axial Flux Motor and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Axial Flux Motor.

This report presents a comprehensive overview, market shares, and growth opportunities of Axial Flux Motor market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

    Dual-rotor Single-stator Type

    Single-rotor Dual-stator Type

Segmentation by Application:

    Electric Buses

    Electric Trucks

    Electric Supercars

    Other

This report also splits the market by region:

    Americas

    United States

    Canada

    Mexico

    Brazil

    APAC

    China

    Japan

    Korea

    Southeast Asia

    India

    Australia

    Europe

    Germany

    France

    UK

    Italy

    Russia

    Middle East & Africa

    Egypt

    South Africa

    Israel

    Turkey

    GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.

    YASA

    PanGood

    Omni Powertrain Technologies

    Naxatra Labs

    Phi-Power

    Turntide Technologies

    Magnax

    EFLOW

    EMRAX

    Beyond Motors

    Evolito

Key Questions Addressed in this Report

What is the 10-year outlook for the global Axial Flux Motor market?

What factors are driving Axial Flux Motor market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Axial Flux Motor market opportunities vary by end market size?

How does Axial Flux Motor break out by Type, by Application?

1 Scope of the Report
    1.1 Market Introduction
    1.2 Years Considered
    1.3 Research Objectives
    1.4 Market Research Methodology
    1.5 Research Process and Data Source
    1.6 Economic Indicators
    1.7 Currency Considered
    1.8 Market Estimation Caveats

2 Executive Summary
    2.1 World Market Overview
        2.1.1 Global Axial Flux Motor Annual Sales 2020-2031
        2.1.2 World Current & Future Analysis for Axial Flux Motor by Geographic Region, 2020, 2024 & 2031
        2.1.3 World Current & Future Analysis for Axial Flux Motor by Country/Region, 2020, 2024 & 2031
    2.2 Axial Flux Motor Segment by Type
        2.2.1 Dual-rotor Single-stator Type
        2.2.2 Single-rotor Dual-stator Type
    2.3 Axial Flux Motor Sales by Type
        2.3.1 Global Axial Flux Motor Sales Market Share by Type (2020-2025)
        2.3.2 Global Axial Flux Motor Revenue and Market Share by Type (2020-2025)
        2.3.3 Global Axial Flux Motor Sale Price by Type (2020-2025)
    2.4 Axial Flux Motor Segment by Application
        2.4.1 Electric Buses
        2.4.2 Electric Trucks
        2.4.3 Electric Supercars
        2.4.4 Other
    2.5 Axial Flux Motor Sales by Application
        2.5.1 Global Axial Flux Motor Sale Market Share by Application (2020-2025)
        2.5.2 Global Axial Flux Motor Revenue and Market Share by Application (2020-2025)
        2.5.3 Global Axial Flux Motor Sale Price by Application (2020-2025)

3 Global by Company
    3.1 Global Axial Flux Motor Breakdown Data by Company
        3.1.1 Global Axial Flux Motor Annual Sales by Company (2020-2025)
        3.1.2 Global Axial Flux Motor Sales Market Share by Company (2020-2025)
    3.2 Global Axial Flux Motor Annual Revenue by Company (2020-2025)
        3.2.1 Global Axial Flux Motor Revenue by Company (2020-2025)
        3.2.2 Global Axial Flux Motor Revenue Market Share by Company (2020-2025)
    3.3 Global Axial Flux Motor Sale Price by Company
    3.4 Key Manufacturers Axial Flux Motor Producing Area Distribution, Sales Area, Product Type
        3.4.1 Key Manufacturers Axial Flux Motor Product Location Distribution
        3.4.2 Players Axial Flux Motor Products Offered
    3.5 Market Concentration Rate Analysis
        3.5.1 Competition Landscape Analysis
        3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
    3.6 New Products and Potential Entrants
    3.7 Market M&A Activity & Strategy

4 World Historic Review for Axial Flux Motor by Geographic Region
    4.1 World Historic Axial Flux Motor Market Size by Geographic Region (2020-2025)
        4.1.1 Global Axial Flux Motor Annual Sales by Geographic Region (2020-2025)
        4.1.2 Global Axial Flux Motor Annual Revenue by Geographic Region (2020-2025)
    4.2 World Historic Axial Flux Motor Market Size by Country/Region (2020-2025)
        4.2.1 Global Axial Flux Motor Annual Sales by Country/Region (2020-2025)
        4.2.2 Global Axial Flux Motor Annual Revenue by Country/Region (2020-2025)
    4.3 Americas Axial Flux Motor Sales Growth
    4.4 APAC Axial Flux Motor Sales Growth
    4.5 Europe Axial Flux Motor Sales Growth
    4.6 Middle East & Africa Axial Flux Motor Sales Growth

5 Americas
    5.1 Americas Axial Flux Motor Sales by Country
        5.1.1 Americas Axial Flux Motor Sales by Country (2020-2025)
        5.1.2 Americas Axial Flux Motor Revenue by Country (2020-2025)
    5.2 Americas Axial Flux Motor Sales by Type (2020-2025)
    5.3 Americas Axial Flux Motor Sales by Application (2020-2025)
    5.4 United States
    5.5 Canada
    5.6 Mexico
    5.7 Brazil

6 APAC
    6.1 APAC Axial Flux Motor Sales by Region
        6.1.1 APAC Axial Flux Motor Sales by Region (2020-2025)
        6.1.2 APAC Axial Flux Motor Revenue by Region (2020-2025)
    6.2 APAC Axial Flux Motor Sales by Type (2020-2025)
    6.3 APAC Axial Flux Motor Sales by Application (2020-2025)
    6.4 China
    6.5 Japan
    6.6 South Korea
    6.7 Southeast Asia
    6.8 India
    6.9 Australia
    6.10 China Taiwan

7 Europe
    7.1 Europe Axial Flux Motor by Country
        7.1.1 Europe Axial Flux Motor Sales by Country (2020-2025)
        7.1.2 Europe Axial Flux Motor Revenue by Country (2020-2025)
    7.2 Europe Axial Flux Motor Sales by Type (2020-2025)
    7.3 Europe Axial Flux Motor Sales by Application (2020-2025)
    7.4 Germany
    7.5 France
    7.6 UK
    7.7 Italy
    7.8 Russia

8 Middle East & Africa
    8.1 Middle East & Africa Axial Flux Motor by Country
        8.1.1 Middle East & Africa Axial Flux Motor Sales by Country (2020-2025)
        8.1.2 Middle East & Africa Axial Flux Motor Revenue by Country (2020-2025)
    8.2 Middle East & Africa Axial Flux Motor Sales by Type (2020-2025)
    8.3 Middle East & Africa Axial Flux Motor Sales by Application (2020-2025)
    8.4 Egypt
    8.5 South Africa
    8.6 Israel
    8.7 Turkey
    8.8 GCC Countries

9 Market Drivers, Challenges and Trends
    9.1 Market Drivers & Growth Opportunities
    9.2 Market Challenges & Risks
    9.3 Industry Trends

10 Manufacturing Cost Structure Analysis
    10.1 Raw Material and Suppliers
    10.2 Manufacturing Cost Structure Analysis of Axial Flux Motor
    10.3 Manufacturing Process Analysis of Axial Flux Motor
    10.4 Industry Chain Structure of Axial Flux Motor

11 Marketing, Distributors and Customer
    11.1 Sales Channel
        11.1.1 Direct Channels
        11.1.2 Indirect Channels
    11.2 Axial Flux Motor Distributors
    11.3 Axial Flux Motor Customer

12 World Forecast Review for Axial Flux Motor by Geographic Region
    12.1 Global Axial Flux Motor Market Size Forecast by Region
        12.1.1 Global Axial Flux Motor Forecast by Region (2026-2031)
        12.1.2 Global Axial Flux Motor Annual Revenue Forecast by Region (2026-2031)
    12.2 Americas Forecast by Country (2026-2031)
    12.3 APAC Forecast by Region (2026-2031)
    12.4 Europe Forecast by Country (2026-2031)
    12.5 Middle East & Africa Forecast by Country (2026-2031)
    12.6 Global Axial Flux Motor Forecast by Type (2026-2031)
    12.7 Global Axial Flux Motor Forecast by Application (2026-2031)

13 Key Players Analysis
    13.1 YASA
        13.1.1 YASA Company Information
        13.1.2 YASA Axial Flux Motor Product Portfolios and Specifications
        13.1.3 YASA Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.1.4 YASA Main Business Overview
        13.1.5 YASA Latest Developments
    13.2 PanGood
        13.2.1 PanGood Company Information
        13.2.2 PanGood Axial Flux Motor Product Portfolios and Specifications
        13.2.3 PanGood Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.2.4 PanGood Main Business Overview
        13.2.5 PanGood Latest Developments
    13.3 Omni Powertrain Technologies
        13.3.1 Omni Powertrain Technologies Company Information
        13.3.2 Omni Powertrain Technologies Axial Flux Motor Product Portfolios and Specifications
        13.3.3 Omni Powertrain Technologies Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.3.4 Omni Powertrain Technologies Main Business Overview
        13.3.5 Omni Powertrain Technologies Latest Developments
    13.4 Naxatra Labs
        13.4.1 Naxatra Labs Company Information
        13.4.2 Naxatra Labs Axial Flux Motor Product Portfolios and Specifications
        13.4.3 Naxatra Labs Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.4.4 Naxatra Labs Main Business Overview
        13.4.5 Naxatra Labs Latest Developments
    13.5 Phi-Power
        13.5.1 Phi-Power Company Information
        13.5.2 Phi-Power Axial Flux Motor Product Portfolios and Specifications
        13.5.3 Phi-Power Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.5.4 Phi-Power Main Business Overview
        13.5.5 Phi-Power Latest Developments
    13.6 Turntide Technologies
        13.6.1 Turntide Technologies Company Information
        13.6.2 Turntide Technologies Axial Flux Motor Product Portfolios and Specifications
        13.6.3 Turntide Technologies Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.6.4 Turntide Technologies Main Business Overview
        13.6.5 Turntide Technologies Latest Developments
    13.7 Magnax
        13.7.1 Magnax Company Information
        13.7.2 Magnax Axial Flux Motor Product Portfolios and Specifications
        13.7.3 Magnax Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.7.4 Magnax Main Business Overview
        13.7.5 Magnax Latest Developments
    13.8 EFLOW
        13.8.1 EFLOW Company Information
        13.8.2 EFLOW Axial Flux Motor Product Portfolios and Specifications
        13.8.3 EFLOW Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.8.4 EFLOW Main Business Overview
        13.8.5 EFLOW Latest Developments
    13.9 EMRAX
        13.9.1 EMRAX Company Information
        13.9.2 EMRAX Axial Flux Motor Product Portfolios and Specifications
        13.9.3 EMRAX Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.9.4 EMRAX Main Business Overview
        13.9.5 EMRAX Latest Developments
    13.10 Beyond Motors
        13.10.1 Beyond Motors Company Information
        13.10.2 Beyond Motors Axial Flux Motor Product Portfolios and Specifications
        13.10.3 Beyond Motors Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.10.4 Beyond Motors Main Business Overview
        13.10.5 Beyond Motors Latest Developments
    13.11 Evolito
        13.11.1 Evolito Company Information
        13.11.2 Evolito Axial Flux Motor Product Portfolios and Specifications
        13.11.3 Evolito Axial Flux Motor Sales, Revenue, Price and Gross Margin (2020-2025)
        13.11.4 Evolito Main Business Overview
        13.11.5 Evolito Latest Developments

14 Research Findings and Conclusion