Electric Motors for Electric Vehicle Market 2021 Booming Segments; Investors Seeking Stunning Growth: Hitachi Automotive Systems,Mitsubishi Electric,Baldor Electric,Bosch

The “Electric Motors for Electric Vehicle Market” file includes an in-intensity assessment of the modern marketplace area status, marketplace area player, region, type, and application. The file offers an in-depth assessment of growth factors, market definition, manufacturers, marketplace area potential, and influencing developments to apprehend future names for and outlook for the global industry. This has study offers data at the Electric Motors for Electric Vehicle marketplace area size, corporation share, earnings volume, and income all through the ancient and forecast duration of 2027. The research file covers key game enthusiasts withinside the industry, CAGR value, market drivers, restraints, and competitive strategies international from the region.

 The Electric Motors for Electric Vehicle marketplace are displaying constant increase and developing at a CAGR of 26.9% at some point of 2021-2027.

Electric Motors for Electric Vehicle Market Overview:

Some of the major factors driving the growth of the market studied are the enactment of stringent emission and fuel economy norms, government incentives, and improving charging infrastructure, leading to the increasing adoption of electric vehicles. This adoption of electric vehicles may propel the demand for electric motors during the forecast period. The massive investments in electric vehicles by major automotive companies, such as Toyota, Honda, Tesla, General Motors, and Ford, among others, are expected to drive the electric motor market in the near future. Additionally, the evolving partnerships between motor manufacturers and automotive companies are expected to expand the electric motor for the electric vehicle market, globally. The electric motor market is expected to face challenges in the form of procurement of rare earth metals used in permanent magnets for synchronous motors, as the metals used in these motors are subject to export restrictions and supply risks. The electric motor for the electric vehicle market is mainly dominated by some of the major automotive players, such as Tesla, BYD, Toyota, Nissan, Honda.

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Top Players Analysed in the Report are:

The report describes several key players in the market. Several players work together to compete with each other in the market, according to the report. This document provides a large amount of detail.

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

Recent Developments

In April 2021, Toyota launched the new LS and Mirai models in japan which come with advanced driving assist technology.
In April 2021, BYD launched four new electric vehicle models equipped with Blade batteries in Chongqing. The new vehicle models, Tang EV, Qin Plus EV, Song Plus EV and E2 2021 come with advanced battery safety features.
In April 2021, Volkswagen unveiled the 7 seater EV ID.6 Crozz and ID.6 X produced along with FAW and SAIC in China. The vehicles will be sold only in China. It comes in two battery versions, 58 kWh and 77 kWh and comes in four powertrain configurations.
In March 2021, Volvo showcased its new C40 Recharge model. The vehicle is designed as a pure electric car and has most features similar to its XC60 model. 
In December 2020, Nissan announced 2021 Leaf model in US. The vehicle comes with a choice of battery between 40 kWh and 62 kWh. The mileage ranges between 149 miles and 226 miles per charge.
In July 2020, BYD launched its Han which comes with blade battery and is available in BEV and PHEV versions. It comes with two battery options, 65 kWh option for 314 miles and 77kWh option for 342 miles range. Its PHEV comes with a 13 kWh battery and a 2.0 L gasoline engine and 180 kWh electric motor.
In March 2020, BMW launched the 2nd generation 330e and 330e xDrive in the North American market. The vehicle comes with a 12 kWh battery and an all-electric range of 20-22 miles.
In November 2019, BYD launched its e3 electric sedan in China. It comes with two battery options, 35.2 kWh and 47.3 kWh and a single 70 kW electric motor. The vehicle has a range of around 252 miles.
In May 2019, Hyundai group showcased its new Ioniq electric version with an increased battery of 38.3 kWh (from 28kWh) and a larger range.

Covid-19 Scenario

Business and production devices throughout diverse international locations took place to go through throughout the preliminary segment of the lockdown because of the outbreak of the pandemic. Suspended centres and disrupted supple chains have been the predominant elements that affected the marketplace boom throughout this segment. - However, maximum of the areas has both recovered or are improving in conjunction with the required precautionary measures to diminish the spread. Also, vaccination drives throughout the area at the moment are pacing up that is similarly supporting the enterprise boom.

The Electric Motors for Electric Vehicle Market is segmented based on:

On the basis of type:

Passenger Cars

Commercial Vehicles

On the basis of application:

Hybrid Electric Vehicle (HEV)

Plug-in Hybrid Electric Vehicle (PHEV)

Pure Electric Vehicle (PEV)

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Regional Analysis:

Global Electric Motors for Electric Vehicle Market is further classified on the basis of region as follows:

North America (United States, Canada), Market size, Y-O-Y Growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis

Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis

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Table of Contents: Electric Motors for Electric Vehicle Market

- Chapter 1: Overview of Electric Motors for Electric Vehicle Market

- Chapter 2: Global Market Status and Forecast by Regions

- Chapter 3: Global Market Status and Forecast by Types

- Chapter 4: Global Market Status and Forecast by Downstream Industry

- Chapter 5: Market Driving Factor Analysis

- Chapter 6: Market Competition Status by Major Manufacturers

- Chapter 7: Major Manufacturers Introduction and Market Data

- Chapter 8: Upstream and Downstream Market Analysis

- Chapter 9: Cost and Gross Margin Analysis

- Chapter 10: Marketing Status Analysis

- Chapter 11: Market Report Conclusion

- Chapter 12: Research Methodology and Reference.

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