Press release
Electric Vehicle Motor Market Analysis 2018-2023: Key Players Continental, Hitachi Automotive, Tesla, BYD Auto, Denso Corporation, Metric Mind, Mitsubishi Electric, Allied Motion Technologies, Robert Bosch GmbH and Siemens
Electric Vehicle Motor Market Key Players listed in report:
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 “Global Electric Vehicle Motor Market Research Report - Forecast to 2023” at: https://www.marketresearchfuture.com/sample_request/5385
Market Highlights:
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.
One of the drivers for the growth of the market is the 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 range of the electric vehicle is majorly dependent on the electric powertrain control systems. Another major driver for the growth of the market is the introduction of stringent government regulations. 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:
Based on motor type, the global electric vehicle motor market has been segmented as DC brushed motors, DC brushless motors, induction (asynchronous) motor, synchronous motor and switched reluctance motor. Amongst these, induction (asynchronous) motor segment is expected to hold the largest market share and grow significantly over the forecast period. Three phase induction motor is widely used in electric vehicles, owing to features such as high efficiency, good speed regulation and absence of commutators. The three phase AC supply is connected to stator winding, due to which revolving magnetic field is established. This magnetic field interacts with stationary rotor conductors and induced current flows through rotor conductors. Induced current establishes a magnetic field, which gives rise to unidirectional torque.
All electric motors are designed to operate at maximum efficiency at rated output of a motor. When an electric motor is used in electric vehicle, the motor will be operated at different loads. For this reason, motors of varied power ratings are being employed such as 80 kW. Amongst these, the 40 kW-80 kW segment is expected to dominate the growth of the global electric motor market over the forecast period.
Regional Outlook:
Geographically, the global electric vehicle motor market has been divided into 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 GLOBAL ELECTRIC VEHICLE MOTOR MARKET: BY REGION, 2017-2023
TABLE 2 NORTH AMERICA ELECTRIC VEHICLE MOTOR MARKET: BY COUNTRY, 2017-2023
TABLE 3 EUROPE ELECTRIC VEHICLE MOTOR MARKET: BY COUNTRY, 2017-2023
TABLE 4 ASIA PACIFIC ELECTRIC VEHICLE MOTOR MARKET: BY COUNTRY, 2017-2023
TABLE 5 ROW ELECTRIC VEHICLE MOTOR MARKET: BY COUNTRY, 2017-2023
TABLE 6 GLOBAL ELECTRIC VEHICLE MOTOR MARKET, BY MOTOR TYPE, BY REGIONS, 2017-2023
TABLE 7 NORTH AMERICA ELECTRIC VEHICLE MOTOR MARKET, BY MOTOR TYPE, BY COUNTRY, 2017-2023
TABLE 8 EUROPE ELECTRIC VEHICLE MOTOR MARKET, BY MOTOR TYPE, BY COUNTRY, 2017-2023
TABLE 9 ASIA PACIFIC ELECTRIC VEHICLE MOTOR MARKET BY MOTOR TYPE, BY COUNTRY, 2017-2023
TABLE 10 ROW ELECTRIC VEHICLE MOTOR MARKET BY MOTOR TYPE, BY COUNTRY, 2017-2023
TABLE 11 GLOBAL ELECTRIC VEHICLE MOTOR MARKET BY APPLICATION: BY REGIONS, 2017-2023
TABLE 12 NORTH AMERICA ELECTRIC VEHICLE MOTOR MARKET BY APPLICATION: BY COUNTRY, 2017-2023
TABLE 13 EUROPE ELECTRIC VEHICLE MOTOR MARKET BY APPLICATION: BY COUNTRY, 2017-2023
TABLE 14 ASIA PACIFIC ELECTRIC VEHICLE MOTOR MARKET BY APPLICATION: BY COUNTRY, 2017-2023
TABLE 15 ROW ELECTRIC VEHICLE MOTOR MARKET BY APPLICATION: BY COUNTRY, 2017-2023
TABLE 16 GLOBAL ELECTRIC VEHICLE MOTOR MARKET: BY REGION, 2017-2023
TABLE 17 NORTH AMERICA ELECTRIC VEHICLE MOTOR MARKET, BY COUNTRY
Continued…
Browse more details on this report at: https://www.marketresearchfuture.com/reports/electric-vehicle-motor-market-5385
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.
Contact Us:
Amanora Chambers,
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India+1 646 845 9312
sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Electric Vehicle Motor Market Analysis 2018-2023: Key Players Continental, Hitachi Automotive, Tesla, BYD Auto, Denso Corporation, Metric Mind, Mitsubishi Electric, Allied Motion Technologies, Robert Bosch GmbH and Siemens here
News-ID: 1228990 • Views: …
More Releases from Market Research Future
Glue Machine Market to Reach USD 14.9 Billion by 2035, Growing at 4.56% CAGR
The Glue Machine Market is witnessing significant growth due to the increasing adoption of adhesive technologies across various industries, including packaging, woodworking, automotive, furniture, and construction. Valued at USD 9.15 billion in 2024, the market is projected to reach USD 14.9 billion by 2035, registering a CAGR of 4.56% between 2025 and 2035.
Glue machines, also known as adhesive application machines, are critical for efficiently dispensing adhesives in industrial and commercial…
Expansion Valves Market to Reach USD 5.39 Billion by 2035, Growing at 4.62% CAGR
The expansion valves market is witnessing steady growth due to increasing demand for efficient heating, ventilation, air conditioning, and refrigeration (HVACR) systems across residential, commercial, and industrial sectors. Valued at USD 3.28 billion in 2024, the market is projected to reach USD 5.39 billion by 2035, growing at a CAGR of 4.62% between 2025 and 2035.
Expansion valves, also known as thermostatic expansion valves (TXVs) or electronic expansion valves (EEVs), are…
Cheese Packaging Market to Reach USD 101.31 Billion by 2034, Growing at 3.50% CA …
The Cheese Packaging Market is poised for steady growth over the next decade due to rising demand for dairy products, evolving consumer preferences, and increasing focus on food safety and sustainability. According to recent estimates, the market was valued at USD 71.87 billion in 2024 and is projected to reach USD 101.31 billion by 2034, growing at a compound annual growth rate (CAGR) of 3.50% between 2025 and 2034.
Cheese packaging…
Maritime Market to Reach USD 2,920 Billion by 2035, Growing at 2.69% CAGR
The Maritime Market is a cornerstone of international trade, logistics, and economic connectivity, serving as the backbone of global commerce. Valued at USD 2,181.1 billion in 2024, the market is projected to expand to USD 2,920 billion by 2035, registering a steady CAGR of 2.69% between 2025 and 2035. Despite modest growth, the industry's scale and importance are unmatched, as more than 80% of global trade volume is carried by…
More Releases for MOTOR
SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M …
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number of…
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot …
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market.
Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market
Key Market Competitors: Global…
Electric Vehicles Market 2030 | Honda Motor Co., Ltd., Ford Motor, Toyota Motor …
A Research Report Insights (RRI) report reveals that the global market for electric vehicles is set to cross US$ 99 Billion in terms of value by 2016 end. As per the report, the market is expected to reach US$ 596.56 Billion by 2030, riding on a CAGR of 15.6%.
Increasing demand for clean and green energy and rise in global air pollution is compelling socio-economic institutions to rethink over the structures…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator.
Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market
The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in…
