Last Updated: 29-07-2026 | Format: PDF | Report ID:22102 | Author: Ankita R
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | $1,800 Million |
| What is the projected market size by 2035? | $7,200 Million |
| What is the market CAGR from 2025 to 2035? | 14.9% |
| Which region dominates the market? | Asia Pacific (39%) |
| Which product/service type dominates the market? | AC Motors (38%) |
| Which application leads the market? | Passenger Vehicles (47%) |
| Who are the major buyers? | Automotive OEMs (42%), Battery Manufacturers (28%) |
| What are the key market growth drivers? | Growing demand for electric vehicles worldwide: Rising EV sales drive up the number of end-of-life motors requiring recycling; Stringent environmental regulations: Governments in major markets like the EU and China are mandating responsible disposal and recycling |
| What are the major market challenges? | Technical complexity and cost: Extracting high-value materials from advanced motors is technically demanding; Supply chain variability: Inconsistent input quality and volume from collected EOL (end-of-life) motors pose planning and operational issues |
| What is the forecast period? |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| 2026–2035 |
| Who are the key market players? | Umicore, Fortum, American Manganese Inc., Johnson Matthey, Li-Cycle, TES-AMM, Retriev Technologies, Duesenfeld, Redwood Materials, Electra Battery Materials, Glencore, Eco-Bat Technologies, AkkuSer, SungEel HiTech, Tata Chemicals |
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