Electric Vehicle Motor market is valued approximately USD 1.98 Billion in 2018 and is anticipated to grow with a growth rate of more than 41.30%

Global Electric Vehicle Motor market is valued approximately USD 1.98 Billion in 2018 and is anticipated to grow with a growth rate of more than 41.30% over the forecast period 2019-2026.

Electric vehicle motor is an electromechanical device that enables power to electric vehicles through converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. The electric vehicle motor includes end bracket, frame, bearings, rotors and stator. It offers various benefits such as zero emission, low maintenance cost, high efficiency, and automated control to the electric vehicle therefore is expected to drive over the forecast years with the increasing number of electric vehicles across the globe. Therefore, escalating demand for electric vehicles across the globe accelerate the growth of market over the forecast years. For instance: According to the International Energy Agency (IEA) 2019, the global electric car deployment has been growing rapidly over the past ten years, the global stock of electric passenger vehicle cars was passed by 5 million in 2018 with an increase of 63% from 2017. It was found that over 45% of electric cars on China's road in 2018 that is 2.3 million compared to 39% in 2017. Similarly, Europe accounts for 24% of global electric cars and United States with 22% in 2018. Whereas, favourable government initiatives regarding promotion of electric vehicles is a lucrative opportunity for the growth of market over the forecast years. However, stringent government regulation regarding approval of EV motor is expected to hamper the growth of market over the forecast years.

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In this report, we analyze the Global Electric Vehicle Motor Market from two aspects.

1. Production - In terms of its production, we analyze the production, revenue, gross margin of its main manufacturers and the unit price that they offer in different regions from 2014 to 2019.

2. Consumption – In terms of consumption, we analyze the consumption volume, consumption value, sale price, import and export in different regions from 2014 to 2019.

We also make a prediction of its production and consumption in coming 2020-2026.

Global Electric Vehicle Motor Market report focuses on various key parameters that include:

• Market concentration ratio

• Consumption growth rate

• Growth rate

• Turnover predictions

• Industry drivers and major challenges

• Recent market trends

• Geographical segmentation

• Competitive structure

• Competitive ranking analysis

Competitive Landscape:

The competitive analysis of major market players is another notable feature of the electric vehicle motor market report; it identifies direct or indirect competitors in the market.

Market player included in this report are:
Tesla motors
Continental ag
Baldor electric company inc.
BOSCH
Honda motor co., ltd.
Toyota motor corporation
Ford motor company
Nissan motor corporation ltd.
Ametek incorporation
ARC systems incorporation

Market Segmentation:
By Type:

Alternative Current motor
Direct current motor

By Vehicle Type:

Two-Wheeler
Commercial Vehicle
Passenger Vehicle

By Power rating:
Low
Mid
High

The regional analysis of global Electric Vehicle Motor market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia Pacific is accounts for the largest share in the global electric vehicle motor market due to increasing development of manufacturing facilities by industries in the region. Whereas, North America is the fastest growing region in the market due to the presence of established market players in the market.

The research methodology adopted by analysts to study the market include inputs derived from industry professionals across the value chain and various other secondary research methods, along with primary research as a major tool for market study.

Some of the Major Highlights of TOC covers:

• Executive Summary

• Global Electric Vehicle Motor Market Insights

• Global Electric Vehicle Motor Market forecast by different Segments and Regions

• Manufacturing Cost Structure Analysis

• Development and Manufacturing Plants Analysis of electric vehicle motor market

• Key Figures of Major Manufacturers

Development Trend of Analysis of electric vehicle motor market

• Global Electric Vehicle Motor Market Trend Analysis

• Global Electric Vehicle Motor Market Size (Volume and Value) Forecast 2020-2026

Marketing Channel

• Direct Marketing

• Indirect Marketing

• Global Electric Vehicle Motor Market Customers

Market Dynamics

• Market Trends

• Opportunities

• Market Drivers

• Challenges

• Influence Factors

Methodology/Research Approach

• Research Programs/Design

• Market Size Estimation

• Market Breakdown and Data Triangulation

• Data Source

Key Questions Addressed in the Report:

1. Who are the top 10 players operating in the electric vehicle motor market?

2. What are the driving factors, restraints, opportunities, and challenges in the electric vehicle motor market?

3. What are the current scenario and industry trends in the electric vehicle motor market?

4. Which industry and technology can be a potential revenue pocket for market players in the next five years?

5. Who are the visionary leaders, dynamic differentiators, innovators, and emerging players and what are the key strategies adopted by them to strengthen their positions?

6. What are the electric vehicle motor market opportunities and threats faced by the vendors in the electric vehicle motor market?

7. What are the electric vehicle motor market challenges to market growth?

8. Analysis based on historical information along with the current trends to estimate the future of the market

9. Analysis of the impact of constantly changing global market scenarios

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