openPR Logo
Press release

(COVID-19 UPDATE) Electric Motors for Electric Vehicle Market 2020 | Enhancement and Growth Factor Detailed For Business Development- Hitachi Automotive Systems, Mitsubishi Electric, Baldor Electric, Bosch, Denso, Emerson Electric

05-20-2020 12:49 PM CET | Associations & Organizations

Press release from: Market Insights Reports

Global Electric Motors For Electric Vehicle Market Professional Survey Report 2019 this market research provides an analysis of the most important trends expected to impact the market outlook during the forecast period. Research classifies an emerging trend as a major factor that has the potential to significantly impact the market and contribute to its growth or decline.

The electric motors for electric vehicle market is expected to register a CAGR of over 15%, during the forecast period (2020 - 2025).

Click the link to get a Sample Copy of the Report:

https://www.marketinsightsreports.com/reports/04061950637/electric-motors-for-electric-vehicle-market-growth-trends-and-forecast-2020-2025/inquiry?source=xherald&Mode=21

An electric motor is an electrical machine that converts electrical energy into mechanical energy.
Smoothening the transition from oil, owing to the increase in pollution, governments around the world have started to look for alternatives for primitive form of travel. Electric vehicles fill this gap and with time, are getting efficient too. This has made governments all around the world to make policies to facilitate this adaption of electric vehicles. A shortage of EV charging stations has hindered the adoption of these vehicles, which further has restricted the usage of electric motors for electric vehicles.

Market By Top Leading Players-

Hitachi Automotive Systems, Mitsubishi Electric, Baldor Electric, Bosch, Denso, Emerson Electric, Continental, Siemens, Toshiba, Magna, Gkn Driveline, Aisin Aw, Yasakawa Electric

Segment by Type
Hybrid Electric Vehicle (HEV)
Plug-in Hybrid Electric Vehicle (PHEV)
Pure Electric Vehicle (PEV)

Segment by Application
Passenger Cars
Commercial Vehicles

News and Updates:

Feb. 7th 2017 Honda is setting up a new company to produce electric vehicle motors with Hitachi

FEB 07, 2017 Honda, Hitachi Agree to Develop Motors for EVs

24 Oct 2019 Hitachi showcases EV motors at Tokyo Motor Show

TOKYO, December 24, 2019 Mitsubishi Electric to Launch SLIMDIP-W

October 24, 2019 Mitsubishi Mi-Tech small plug-in SUV concept takes an adventurous direction

December 13, 2019 Mitsubishi to reuse EV batteries to power its electric vehicle manufacturing plant

Key Market Trends:

AC Motors to Witness Growth

With the advent of incorporating less expensive electronics, a large number of electric vehicles in the market have been using AC motor, due to their improved efficiency and lightweight. Additionally, AC motors are robust and inexpensive when compared to DC motors. Thus, automakers have been widely adopting synchronous AC motors and induction motors, which have benefits of brushless DC motors as well.

Asia-Pacific continues to dominate the Global Market

Across the regions, Asia-Pacific has been predominantly capturing the largest share in the market, owing to their highest EV sales, majorly from China. China has been consistently taking aggressive steps to tackle the issue of environmental pollution, which in turn has resulted in the high adoption rate of electric vehicles in its transportation sector. China is the largest market for electric cars and buses across the globe, registering more than 1.3 million vehicles in 2018. Further, in 2017, the City of Beijing announced plans to transform its entire taxi fleet to electric propulsion.

Owing to the above trend, major automotive companies has been planning to invest in the Chinese market to take advantage of the strong demand for electric vehicles. Nissan, BYD, Honda, and Toyota motor have all announced their investment plans in the Chinese market, which is expected to collectively sum up to USD 50 billion.

Inquire for Discount:

https://www.marketinsightsreports.com/reports/04061950637/electric-motors-for-electric-vehicle-market-growth-trends-and-forecast-2020-2025/discount?source=xherald&Mode=21

Competitive Landscape

In 2019, major players, such as Aisin Seiki Co. Ltd, Toyota Motor Corporation, Nissan Motor Co Ltd, and Honda Motor Company Ltd, had more than 40% of share in the electric motors for electric vehicle market. Other players, such as DENSO Corporation, Aptiv PLC (formerly known as Delphi Automotive PLC), Magna International Inc., and Meidensha Corporation, are competing closely to increase their shares in the market.

Related Reports!!!

https://www.marketinsightsreports.com/reports/02041817657/global-outboard-electric-motors-market-growth-2020-2025?source=xherald&Mode=21

https://www.marketinsightsreports.com/reports/05202024865/global-electric-motors-drivers-market-report-2020-by-key-players-types-applications-countries-market-size-forecast-to-2026-based-on-2020-covid-19-worldwide-spread?source=xherald&Mode=21

Key Takeaways from this Report

Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.

Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.

Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.

Analyze the sales and distribution channels across key geographies to improve top-line revenues.

Understand the industry supply chain with a deep-dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

Get a quick outlook on the market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.

Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countriesGlobally for the market.

Media Contact Us:

Irfan Tamboli (Head of Sales) - Market Insights Reports

Phone: + 1704 266 3234 | +91-750-707-8687

sales@marketinsightsreports.com?|?irfan@marketinsightsreports.com

Contact US:
Irfan Tamboli (Head of Sales) - Market Insights Reports
Phone: + 1704 266 3234
Mob: +91-750-707-8687
sales@marketinsightsreports.com
irfan@marketinsightsreports.com

MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

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 (COVID-19 UPDATE) Electric Motors for Electric Vehicle Market 2020 | Enhancement and Growth Factor Detailed For Business Development- Hitachi Automotive Systems, Mitsubishi Electric, Baldor Electric, Bosch, Denso, Emerson Electric here

News-ID: 2052348 • Views: 293

More Releases from Market Insights Reports

Monoclonal Antibodies (MAbS) Market Global Research and Analysis 2020 to 2026
The report titled “Monoclonal Antibodies (MAbS) Market” has recently added by MarketInsightsReports to get a stronger and effective business outlook. It provides an in-depth analysis of different attributes of industries such as trends, policies, and clients operating in several regions. The qualitative and quantitative analysis techniques have been used by analysts to provide accurate and applicable data to the readers, business owners and industry experts. The global monoclonal antibodies (MAbS) market
Wired Telecommunication Carriers Market Growth, Technology Advancement and Infra …
Global Wired Telecommunication Carriers Market report include current market scenario and offers a comprehensive analysis on Wired Telecommunication Carriers industry, standing on the readers’ perspective, delivering detailed market data and understanding insights. It comprises inclusive important points that significantly affect the growth of the market at a global level. It analyzes present scenario along with future trends in the market. The report is made after a pin-point research and exhaustive investigation of
Veterinary Healthcare Market 2020 Insights and Research Report- Bayer AG,Boehrin …
Global Veterinary Healthcare Market report include current market scenario and offers a comprehensive analysis on Veterinary Healthcare industry, standing on the readers’ perspective, delivering detailed market data and understanding insights. It comprises inclusive important points that significantly affect the growth of the market at a global level. It analyzes present scenario along with future trends in the market. The report is made after a pin-point research and exhaustive investigation of the market
Real Estate Transaction Management Software Market 2020 Competitive Analysis and …
The Real Estate Transaction Management Software Market report provides a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical and futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This market study provides comprehensive data which enhances the understanding, scope and application of this report. The

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