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…
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