openPR Logo
Press release

Electric Vehicle Drive Motor Market Forecast Covering Growth Inclinations & Development Strategies until 2028 // Continental AG, Toshiba Corporation, BYD Company Limited, Hyundai Mobis, and Zhengzhou Yutong Bus Co., Ltd

06-27-2019 02:33 PM CET | Industry, Real Estate & Construction

Press release from: Fact.MR

Electric Vehicle Drive Motor Market Forecast Covering Growth

Electric vehicle drive motor is an electro-mechanical device which transforms electrical energy into mechanical force which provides power to drive the electric vehicle. All battery operated electric vehicle have electric motors installed in place of combustion engine in ignition and subsequent locomotion of the vehicle. Electric Vehicle Drive Motor also finds it use in hybrid electric vehicles which additionally incorporates the device along with the conventional combustion engine. Electric vehicle drive motor are available in the form AC induction motors, DC brushless & brushed motors, and AC permanent magnet motors. Some of the electric vehicle drive motor manufacturers are investing in finding the alternatives of AC & DC motors. Power output of the electric vehicle drive motor varies according to the type of electric vehicle.

Request TOC of this Report- https://www.factmr.com/connectus/sample?flag=T&rep_id=2323

Growth of electric vehicle drive motor market is driven by the growth in electric vehicle production and adoption in several countries of the globe. Many factors such as silent operation, increased concern towards reducing air pollution and increasing conventional fuel prices is increasing the adoption of electric vehicles owing to which there is rise in the demand for electric vehicle drive motors from the electric vehicles manufacturers. Battery & Hybrid Electric Vehicles are showing the better fuel efficiency over the time, owing to which there is shift towards the use of electric vehicles which is increasing the demand for electric vehicle drive motors in the market. Many country’s governments are giving attractive incentives and subsidies to people for increasing the adoption of electric vehicles, owing to which there will be significant increase in the adoption of electric vehicles which will cause the robust growth in the electric vehicle drive motor market. The manufacturers of electric vehicle drive motor are focusing towards increasing the efficiency of the motors and making it 100%, such innovations will continue to have positive impact on the electric vehicle drive motor market. Conversely, high price of electric vehicles, lack of electric vehicle infrastructure are the factors which are holding back the electric vehicle market in developing and price sensitive countries. The above factors might act as restraining factors for the electric vehicle drive motor.

To know more about the Electric Vehicle Drive Motor Market, Visit the link- https://www.factmr.com/report/2323/electric-vehicle-drive-motor-market

Predominance of electric vehicle manufacturers and increasing adoption of electric vehicle in Japan makes it prominent market region for electric vehicle drive motor. In the regions such as North America and Europe have significant presence of electric vehicle manufacturers, also there is increase in the electric vehicle infrastructure and increased shift towards electric vehicles makes North America and Europe significant market for electric vehicle drive motor. In the Asia Pacific region governments of countries like China and India are focusing towards increasing the adoption of electric vehicles. For instance government of China has indicated it will invest approximately US$ 600 Bn for the advancement of electric vehicles, in India the government is planning to remove the permits on the use of Electric Vehicles. Also the increase in the manufacturing of Electric Vehicles in Asia Pacific regions makes it promising market for electric vehicle drive motor. In regions of Latin America and Middle East & Africa there is less production of electric vehicles as compared to others but it is expected to grow at a good pace over the forecast period, owing to which Latin America and MEA can be considered as potential market region for electric vehicle drive motor.

Electric Vehicle Drive Motor Market: Key Participants

Examples of some of the market participants operating in the global electric vehicle drive motor market are Siemens AG, Yaskawa Electric Corporation, Baldor Electric Company Inc., Continental AG, Toshiba Corporation, BYD Company Limited, Hyundai Mobis, and Zhengzhou Yutong Bus Co., Ltd. among others.

The electric vehicle drive motor research report presents a comprehensive assessment of the electric vehicle drive motor market and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report on electric vehicle drive motor provides analysis and information according to electric vehicle drive motor market segments such as geographies, application and industry.

Request Brochure of this Report- https://www.factmr.com/connectus/sample?flag=B&rep_id=2323

About FactMR
FactMR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market insights 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
FactMR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: sales@factmr.com
Web: https://www.factmr.com/
Read Industry News at - https://www.industrynewsanalysis.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 Drive Motor Market Forecast Covering Growth Inclinations & Development Strategies until 2028 // Continental AG, Toshiba Corporation, BYD Company Limited, Hyundai Mobis, and Zhengzhou Yutong Bus Co., Ltd here

News-ID: 1790394 • Views: 117

More Releases from Fact.MR

Ready Meal Trays’ Myriad Applications and Recyclability Spearheading the Food …
The ready meal trays market continues to showcase stunning prospects, with overall incremental opportunity of over US$ 1.7 Billion by 2027 from 2019, according to a recent Fact.MR study. Growth in consumption of packaged food products across both developed as well as developing countries is anticipated to increase the demand for ready meal trays during the forecast period. Ready meal trays are increasingly used by food processors and fast service
Automation Making Significant Strides in the Container Handling Equipment Market …
According to a new Fact.MR study, the global market for container handling equipment is expected to increase at a value CAGR of 4.2% over the forecast period, to reach a market size of USD 2,316.6 Mn by 2029 from a calculated USD 1,541.2 Mn in 2019. The report provides potential takeaways that prove to be significantly useful for other market entrants in the container handling equipment market and evaluates trends
The Use of Automotive Actuators in Industrial Control Systems Will Bolster the A …
Fact.MR has recently published a report on the automotive actuators market. According to the report, in terms of revenue, the global automotive actuators market is estimated to expand at a CAGR of ~ 6.2% by value and ~ 5.2% by volume over the forecast period. Since the sales of automotive actuators is related to automotive production and vehicle parc, the increasing automotive production and vehicle parc across the globe is
Rising Inclination for Sustainable Packaging Solutions in F&B Sector Motivating …
Fact.MR has recently published a latest assessment report on Blow Molded Containers Market, which discourses prime facets associated to the global blow molded containers market. At present, the proliferation of sustainable food & beverage packaging applications at the global scale has been conveniently supporting sales of blow molded containers. Furthermore, the report predicts an average annual growth of roughly 5.7% in the global blow molded containers market during the stated

All 5 Releases


More Releases for Electric

Global Electric Truck Market
Global Electric Truck Market – Industry Analysis and Forecast (2018-2026) – by Electric, Truck, Application Type and Region. Global Electric Truck Market was valued at US$ XXX Mn in 2017 and is expected to reach US$ XXX Mn by 2026, at a CAGR of XX% during a forecast period. Major driving factors of the Electric Truck Market the trucking industry is in the stages of a technological changes, with a particular focus
India pushes Electric Vehicles
The Indian government’s recent tweaking of the licensing policy for Electric Vehicles (EV) promises to address the infrastructure obstacle holding back the sector. The setting up of EV charging stations by the government would no longer require a license from the Ministry, paving the way for the faster construction of these stations. Earlier this year, Ola – the cab firm – initiated ‘Mission: Electric’ with plans to put 10,000 electric auto-rickshaws and
Folding Electric Bicycle
In this report, the global Folding Electric Bicycle market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Folding Electric Bicycle in these regions, from 2012 to 2022
Electric Vehicles Market
In this report, the global Electric Vehicles (On Road) market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022. Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), market share and growth rate of Electric Vehicles (On Road) in these regions, from 2012
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
Global Electric Fan Market Share 2017-2022: Panasonic, Emerson, Alfa Electric, C …
Global Electric Fan Market Research Report A market study based on the " Electric Fan Market " across the globe, recently added to the repository of Market Research, is titled ‘Global Electric Fan Market 2017’. The research report analyses the historical as well as present performance of the worldwide Electric Fan industry, and makes predictions on the future status of Electric Fan market on the basis of this analysis. Request For Sample