According to an exhaustive analysis carried out by TechSci Research in its report entitled “Automotive Axial Flux Motor Market – Global Industry Size, Share, Trends, Competition, Opportunity, and Forecast, 2017-2027F“, the global market of axial flux motors for vehicles scored an assessment of 108 million dollars in 2021.
Moreover, it will be concerned by a notable compound annual growth rate (CAGR) by 29.80% until 2027.
The growing importance of axial flux motor in the market derives from their intrinsic advantages, including the higher energy efficiency, compact sizes and sound torque specifications, which make them rank as potential replacements of conventional radial motors.
Thanks to their small sizes and the high power density, these motors find an ideal use in a multitude of commercial applications, such as industrial robots, pumps, compressors, electric vehicles and drones.
They offer, in particular, a substantial advantage in the torque production, surpassing radial motors by 30-40% and maintaining a higher power density.
The yokeless version of axial flux motors, in particular, is intended for conquering a growing share of the constantly evolving market of electric motors.
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