Press release
Automotive Traction Motor Market 2021 Growth, COVID Impact, Trends Analysis Report 2027
The global automotive traction motor market is expected to grow at a CAGR of 33%, from USD 4.1 billion in 2021 to USD 17.3 billion in 2027, and the growing population in the region has significantly increased the demand for transportation connections. The strong emphasis on reducing carbon emissions and all-out efforts by governments of several countries in the region has put tremendous focus on electric vehicle manufacturing in the region.A full report of Automotive Traction Motor Market available at: https://www.orionmarketreports.com/automotive-traction-motor-market/58210/
Automotive Traction Motor Market- Segmentation
Based on the Vehicle Type:
• Passenger cars
• Commercial vehicles
Based on the EV Type:
• BEV
• HEV
• PHEV
Based on the Type:
• AC
• DC
Based on the Motor Type:
• PMSM
• DC Brushless
• AC induction
Based on the Power Output:
• Less than 200 kW
• 200-400 kW
• Above 400 kW
Key Companies
The global automotive traction motor market is dominated by major players BorgWarner Inc. (US), Schaeffler Group (Germany), Nidec Corporation (Japan), Robert Bosch GmbH (Germany), and ZF Friedrichshafen AG (Germany).The key strategies adopted by these companies to sustain their market position are new product developments,merges & acquistions, supply contracts, partnerships, expanisons, collaborations, acquisitions, and contracts & agreements.
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
The report covers the following objectives:
• Proliferation and maturation of trade in the Automotive Traction Motor Market.
• The market share of the Automotive Traction Motor Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the Automotive Traction Motor Market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Automotive Traction Motor Market.
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Key Questions Answered by Automotive Traction Motor Market Report
• What was the Automotive Traction Motor Market in 2020 and 2021; what are the estimated growth trends and market forecast (2021-2027).
• What will be the CAGR of Automotive Traction Motor Market during the forecast period (2021-2027)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2018? How are these segments are expected to grow during the forecast period (2021-2027)?
• Which manufacturer/vendor/players in the Automotive Traction Motor Market was the market leader in 2018?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
Media Contact:
Company Name: Orion Market Reports
Contact Person: Mr. Anurag Tiwari
Email: info@orionmarketreports.com
Contact no: +91 780-304-0404
About Us:
Orion Market Reports (OMR) endeavors to provide exclusive blend of qualitative and quantitative market research reports to clients across the globe. Our organization helps both multinational and domestic enterprises to bolster their business by providing in-depth market insights and most reliable future market trends. Our reports address all the major aspects of the markets providing insights and market outlook to global clients.
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