Electric Vehicle Motor Market Highlights:
Electric Vehicle Motor Market: 2018 Global Industry Forecast To 2023, is latest Global Electric Vehicle Motor Market Analysis From 2018 To 2023, comprises comprehensive information on Electric Vehicle Motor Global Market by Motor Type (DC Brushed Motors, DC Brushless Motors, Induction (Asynchronous) Motor, Synchronous Motor And Switched Reluctance Motor), By Power Rating (<40 Kw, 40 Kw-80 Kw And >80 Kw) And By Region. Electric Vehicle Motor industry is expected to grow at 20% CAGR during the period 2018 to 2023.
Electric Vehicle Motor Key Companies Market Analyzed In This Report Are:
Continental AG (Germany), Hitachi Automotive Systems, Ltd. (Japan), Tesla, Inc. (U.S.), BYD Auto Co., Ltd. (China), Denso Corporation (Japan), Metric Mind Corporation (U.S.), Mitsubishi Electric Corporation (Japan), Allied Motion Technologies Inc. (U.S.), Robert Bosch GmbH (Germany) and Siemens AG (Germany).
Get Sample Copy of “Electric Vehicle Motor Market Research Report – Global Forecast 2023 of 100 pages supported by tables and figures” At: https://www.marketresearchfuture.com/sample_request/5385
Market Insights:
Electric Vehicle Motor Market growth is boosted by factors such as, rise in the demand for improved driving range of electric vehicles. The range and emission levels in electric vehicles are dependent on the electric powertrain control systems. Motors play a vital role in controlling the electric powertrain. Improvements in technology of manufacturing electric vehicle motor, are helping in the improvement of the driving range, thereby driving the growth of the market.
The electric motor facilitates the conversion of electrical energy into mechanical energy for propulsion of the vehicle, with the objective to enable regenerative braking or charging energies to generate electricity stored on board.
Stringent environmental norms, and rise in the demand for vehicles with better fuel efficiency drive the automotive manufacturers to install lighter components for weight reduction of electric vehicles. This would further help meet the demand for lower emissions and better mileage.
Market Segmentation:
For easy understanding the Global Electric Vehicle Motor Market is segmented by Motor Type (DC Brushed Motors, DC Brushless Motors, Induction (Asynchronous) Motor, Synchronous Motor And Switched Reluctance Motor), By Power Rating (<40 Kw, 40 Kw-80 Kw And >80 Kw) And By Region.
Amongst all types of power rating, the >80 kW segment is expected to dominate the electric vehicle motors market by the end of forecast period. These types of motors are majorly used by the automotive manufacturers in luxury vehicles.
Based on motor type, DC Brushed Motors is expected to dominate the growth of the market. In DC brushed motor, brushes along with commutators provide a link between external supply circuit and armature of the motor.
Regional Analysis:
This report covers major markets for Electric Vehicle Motor, includes four major regions of North America, Europe, Asia Pacific and Rest of the World.
Asia Pacific region is expected to contribute the highest to the electric car motor market. The rapid increase in production and sales of electric vehicles in countries such as Japan and China and the presence of original equipment manufacturers, will boost the growth of the Asia Pacific market.
List of Tables:
TABLE 1 MARKET SYNOPSIS
TABLE 2 ELECTRIC VEHICLE MOTOR GLOBAL MARKET, BY TECHNOLOGY, 2015–2023 (USD MILLION)
TABLE 3 ELECTRIC VEHICLE MOTOR INDUSTRY, BY COMPONENTS, 2015–2023 (USD MILLION)
Continued…
List of Figures:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 DRIVER, RESTRAINT, OPPORTUNITIES AND THREAT OF ELECTRIC VEHICLE MOTOR GLOBAL MARKET
FIGURE 4 POTERT’S FIVE FORCES ANALYSIS
FIGURE 5 VALUE CHAIN ANALYSIS
Continued…
Browse more information about this report at: https://www.marketresearchfuture.com/press-release/electric-vehicle-motor-market
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com