Press release
Electric Motors for Electric Vehicle Market Insights in terms of volume and value 2018 to 2028
In an electric vehicle drive system, an electric motor for electric vehicle converts the stored electrical energy in a battery to mechanical energy. Today, electric mobility on the back of technological improvements are expanding lucrative opportunities for the companies involved in the manufacturing of electric motors for electric vehicles. Electric motors for electric vehicles should have important attributes like simple design, high specific power, low maintenance cost, and robust control. Importantly, government policies will continue to be the linchpin for electric motors for electric vehicle market over the promising years of the forecast. The rapid domination of electric buses across the world, predominantly in China will spur the sales of electric motors for electric vehicles. Further, in the coming years, fall in the sales of conventional cars owing to long-term advantages associated with electric cars to impact the global electric motors for electric vehicles market substantially.
Subsequently, the aim of the study is to analyze the most recent trends and dynamics in the global electric motors for electric vehicles market.
Global Electric Motors for Electric Vehicle Market: Dynamics
Moreover, efforts by regional governments around the world to curb noxious emissions produced by fossil fuel-powered vehicles is driving the global electric motors for the electric vehicle market. However, with a forecast volume of electric vehicles on road by 2025, insufficient charging infrastructure for electric vehicles to impact the demand for electric motors for electric vehicles. Some of the major OEMs are investing heavily in electric vehicles which will induce ballooning in the global electric motors for electric vehicles market.
Key problems linked with electric motors for electric vehicles include the cost of the fuel cell, feasibility to produce fuel, and availability of fueling stations. Prevalence of conventional vehicles coupled with the high price of electric vehicles across Asia, Latin America, and the Middle East is foreseen to slow down the adoption of electric vehicles in the market; thereby, hampering the global electric motors for electric vehicles market.
Request Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=2109
Apart from this, most of the OEMs utilize permanent magnet motors that rely on the metal due to the fact that they are usually stronger, lighter, and more efficient than induction electric motors for electric vehicles. To remain competitive in the global electric motors for electric vehicles market, manufacturers of electric motors for electric vehicles aim to decrease electric motors cost, volume, and weight while increasing performance, efficiency, and maintaining reliability.
Global Electric Motors for Electric Vehicle Market: Segments
The global electric motors for electric vehicles market can be segmented on the basis of vehicle type and region
On the basis of vehicle type, the global electric motors for electric vehicles market can be segmented as:
Passenger Cars
Luxury Cars
Compact Cars
Mid-Size
SUV (Sports Utility Vehicle)
Buses
Global Electric Motors for Electric Vehicle Market: Regional Outlook
Policies in Europe and China will enhance the adoption of EVs and subsequently, augmenting the hefty growth in the global electric motors for electric vehicles market. Also, the electrification of the transport system in Europe and North America is set to accelerate after 2020, with electric buses leading the way. The sales of electric mirrors for electric vehicles will surge against the backdrop of tumbling battery costs and increasing scale in manufacturing. In Western Europe, the U.K. and Germany are expected to spearhead the electric motors for electric vehicles market on the back of anticipated high sales of electric buses in the region. Moreover, investments in ASEAN countries to increase the fleet of electric buses and surge in the adoption of electric cars will likely to aid the growth in the global electric motors for electric vehicles market. In the foreseeable future, promising growth is foreseen across the world, with the U.S., China, and Europe being the key regions in the electric motors for electric vehicles market.
Global Electric Motors for Electric Vehicle Market: Key Participants
List of some of the prominent market participants in the global electric motors for electric vehicle market discerned across the value chain include:
ABB Group
Siemens AG
Toshiba Corporation
WEG Industries
Nidec Corporation
Denso
Continental AG
Magna International
TM4 Inc.
Hitachi Automotive Systems
Request/View TOC@ https://www.factmr.com/connectus/sample?flag=T&rep_id=2109
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
Market Dynamics
Market Size
Market Segments
Demand & Supply Trends
Current Issues and Challenges
Companies and Competitor Landscape
Value Chain
Technology
Regional Segments Analyzed Include
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Highlights from the Report
Elaborated scenario of the parent market
Transformations in the market dynamics
Detailed segmentation of the target market
Historical, current and forecast market size based on value and volume
Latest industry developments and trends
Competition landscape
Strategies adopted by the market players and product developments made
Potential and niche segments, along with their regional analysis
Unbiased analysis on performance of the market
Up-to-date and must-have intelligence for the market players to enhance and sustain their competitiveness
Report Analysis@ https://www.factmr.com/report/2109/electric-motors-for-electric-vehicle-market
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Fact.MR
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Rohit Bhisey
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Blog: https://factmrblog.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 Motors for Electric Vehicle Market Insights in terms of volume and value 2018 to 2028 here
News-ID: 1457605 • Views: …
More Releases from Fact.MR
Motor Driver ICs is projected to reach US$ 1.58 billion by 2034
The global motor driver IC market is poised to reach US$ 831.8 million in 2024. Over the assessment period (2024 to 2034), worldwide demand for motor driver integrated circuits is projected to exhibit a 6.6% CAGR (compound annual growth rate), resulting in a market size of US$ 1.58 billion by the end of 2034.
Increasing automation of industrial procedures along with the increasing use of robots in numerous sectors, such as…
Consumer Data Storage Device Market is forecasted to expand at 3.4% CAGR from 20 …
Fact.MR, a market research and competitive intelligence provider, in its newly published research report, reveals that the global Consumer Data Storage Device Market is calculated at US$ 17.57 billion for 2024 and is forecasted to increase at a CAGR of 3.4% from 2024 to 2034.
Expansion of the global market is attributed to several factors, including the growing adoption of machine learning (ML), artificial intelligence (AI), analytics, and cloud-based services across…
Sales of Sports Supplements are forecasted to reach US$ 27.89 billion by 2034
As per a new industry analysis by Fact.MR, a market research and competitive intelligence provider, the global Sports Supplement Market is exhibiting substantial growth and is projected to advance at a CAGR of 12.1% and reach a size of US$ 27.89 billion by 2034-end. This rise is being driven by growing fitness awareness and an increasing number of health-conscious consumers.
Protein powders, energy bars, and nutritional supplements targeting particular fitness objectives…
Softball Equipment Market worth is poised to reach US$ 716.23 Million by 2033
As slated by a recent Fact.MR report, the global softball equipment market will record a moderate expansion through the forecast period, 2017 to 2026. Global sales of softball equipment are poised to bring in more than US$ 560 Mn revenues by 2026-end.
Manufacturers of Softball Equipment are Offering Customized Products to Meet Consumer Requirements
An upsurge in awareness regarding fitness & health has been witnessed among the global population since the recent…
More Releases for Electric
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive …
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Click…
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea …
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current market…
Wireless Sensors Market Regional Outlook, Top Manufactures General Electric, Yok …
The Global Wireless Sensors Market is measurement tools equipped with transmitters that convert signals from instruments into radio transmission signals. Increasing interest of manufacturers in research and development of more efficient Wireless sensors are expected to drive the wireless sensors market. However, this market is highly competitive and price sensitive are hampering the growth of the market.
For More Info, Get Sample Report Here @ https://www.orianresearch.com/request-sample/1371276
What you can expect from…
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E …
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities…
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 …
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawa…
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, …
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are in…
