Press release
2019 – 2025 EV Traction Motor Market Research Report with Global Key Manufacturers: BMW, Tesla, Broad-Ocean, BYD, Nissan, Continental AG
A traction motor is an electric motor used for propulsion of a vehicle, such as an electric locomotive or electric roadway vehicle.In the coming years there is an increasing demand for EV Traction Motor in the regions of United States and Europe that is expected to drive the market for more advanced EV Traction Motor. Growth in government budgets in the principal countries, increasing of new energy automotive fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of EV Traction Motor will drive growth in North America and Europe markets.
Globally, the EV Traction Motor industry market is low concentrated as the manufacturing technology of EV Traction Motor is relatively matures than some high-tech equipment. And some enterprises, like BMW, Tesla, Broad-Ocean, BYD, etc. are well-known for the wonderful performance of their EV Traction Motor and related services. At the same time, China, occupied 54% sales market share in 2017, is remarkable in the global EV Traction Motor industry because of their lower cost of raw material and labor.
The EV Traction Motor market was valued at 3130 Million US$ in 2018 and is projected to reach 30200 Million US$ by 2025, at a CAGR of 38.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for EV Traction Motor.
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The following manufacturers are covered in this report:
BMW
Tesla
Broad-Ocean
BYD
Nissan
Continental AG
Jing-Jin Electric Technologies
ZF
Groupe Renault
Toyota
Meidensha
BOSCH
UAES
LG
Dajun Tech
SIEMENS
Greatland Electrics
Hitachi Automotive Systems
Magna
EV Traction Motor Breakdown Data by Type
AC Induction Motor
Permanent Magnet Motor
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EV Traction Motor Breakdown Data by Application
BEV
PHEV
EV Traction Motor Production by Region
United States
Europe
China
Japan
Other Regions
The study objectives are:
To analyze and research the global EV Traction Motor status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key EV Traction Motor manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of EV Traction Motor :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
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About Supply Demand Market Research(SDMR)
We have a strong network of high powered and experienced global consultants who have about 10+ years of experience in the specific industry to deliver quality research and analysis.
Having such an experienced network, our services not only cater to the client who wants the basic reference of market numbers and related high growth areas in the demand side, but also we provide detailed and granular information using which the client can definitely plan the strategies with respect to both supply and demand side.
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