Press release
New Energy Vehicles Motor Market is Estimated to Grow at a CAGR of 21.5% within the forecast period of 2023 to 2030: Cognitive Market Research
New Energy Vehicles Motor Market is Estimated to Grow at a CAGR of 21.5% within the forecast period of 2023 to 2030
- With advancement in technology and to reduce the dependency on natural resources, the focused on uncommon energy source has increased since past few years. New energy vehicles motors are fully or mainly driven by new energy including purely electric, hybrid (plug-in and extended range), and fuel cell vehicles. The traditional internal combustion engine is now rapidly replaced by electric motor.
Summary:
- Global New Energy Vehicles Motor Market is Estimated to Grow at 21.5% CAGR from 2023 to 2030.
To know more New Energy Vehicles Motor Market statistics click here: https://www.cognitivemarketresearch.com/new-energy-vehicle-motor-market-report
New Energy Vehicles Motor Market Dynamics:
- Increasing migration of people from rural to urban areas for job, education and business opportunities creates pressure on government transport services. With increasing industrialization and need of transport services, the dependency on fuel has increased massively that lead to the high prices of fuel and high dependency on Arab countries. In addition, increase in the various initiatives by government to promote the electric vehicle accelerating the new energy vehicles motor market growth. The growing awareness about environmental benefits of electric vehicles coupled with continuous development in research for better performance creates new opportunities to the new energy vehicles motor market.
Global New Energy Vehicles Motor Market Segmentation:
- Type:
• Permanent Magnet Synchronous Motor
• Induction Motor
• DC Series Motor
• Others
- Vehicle Type:
• Electric Vehicles
• Hybrid Electric Vehicles
- Application:
• Passengers Cars
• Commercial Vehicle
- Competitive Analysis for New Energy Vehicles Motor Market:
• Toyota
• BYD
• BROAD-OCEAN
• Delphi
• MITSUBISHI
• GM
• Ford
• FUKUTA
• DENSO
• Bosch
Get free sample pages of latest published New Energy Vehicles Motor Market 2023: https://www.cognitivemarketresearch.com/new-energy-vehicle-motor-market-report
Regional Analysis of New Energy Vehicles Motor Market:
- Geographically, the global market is divided into North America, Europe, Asia Pacific, Latin America, and Middle-east Countries. North America region is further bifurcated into U.S., Canada, Mexico. The Europe region is further characterized into U.K., France, Germany, and Rest of Europe. Asia Pacific is further divided into China, Japan, India, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, and Rest of Latin America. Middle East & Africa region covers the UAE, South Africa, and Rest of MEA. North America dominates the new energy vehicles motor market due to the awareness about electric vehicles coupled with rapidly growing fast charging infrastructure in the region. Moreover, Asia Pacific is expected to be the fastest growing region due to the rising investment and government support in electric vehicle market.
Recent developments in the market:
• October 17, 2022
MG Motor India has launched an affordable electric vehicle in the local market.
• January 26, 2023
Japan's Suzuki Motor Corporation planning to introduce six battery electric vehicles in India by FY2030.
• January 11, 2023
China's MG Motor Aims to Launch Three EVs in India by End 2024.
Browse here for Full TOC:
Table of Content (Revenue USD Edition), (Enquire about Volume/Consumption Edition Data)
Chapter 1 Industrial Insight and Market Scope
• 1.1 Global New Energy Vehicle Motor Industry Introduction
• 1.2 Objectives of the Study
• 1.3 USP of the Report
• 1.4 Who is this report for?
• 1.5 Designing of Market Scope
1.5.1 Segmentation
1.5.1 Regional Fragmentation
1.5.1 Market Players
• 1.6 Report Duration
Chapter 2 Research Methodology
Chapter 3 Executive Summary
Chapter 4 Global New Energy Vehicle Motor Market Overview
Chapter 5 Competitive Analysis (Subject to Availability)
Chapter 6 Qualitative Analysis
Chapter 7 Company Profiling (Subject to Availability)
Chapter 8 Global New Energy Vehicle Motor Market by Type Segmentation Analysis (2018-2030)
Chapter 9 Global New Energy Vehicle Motor Market by Application Segmentation Analysis (2018-2030)
Chapter 10 Global New Energy Vehicle Motor Market Regional Analysis
Chapter 11 North America New Energy Vehicle Motor Market Outlook (2018 - 2030)
Chapter 12 Europe New Energy Vehicle Motor Market Outlook (2018 - 2030)
Chapter 13 Asia Pacific New Energy Vehicle Motor Market Outlook (2018 - 2030)
Chapter 14 Latin America New Energy Vehicle Motor Market Outlook (2018 - 2030)
Chapter 15 Middle East and Africa New Energy Vehicle Motor Market Outlook (2018 - 2030)
Chapter 16 Research Findings
FULL TOC: https://www.cognitivemarketresearch.com/new-energy-vehicle-motor-market-report#table_of_contents
Related Report:
• New Energy Vehicle Motor Driver Market- https://www.cognitivemarketresearch.com/new-energy-vehicle-motor-driver-market-report
• New Energy Vehicle Wiring Harness Market- https://www.cognitivemarketresearch.com/new-energy-vehicle-wiring-harness-market-report
• New Energy Vehicle Range Extender Market- https://www.cognitivemarketresearch.com/new-energy-vehicle-range-extender-market-report
• New Energy Vehicle Portable Tire Inflator Market- https://www.cognitivemarketresearch.com/new-energy-vehicle-portable-tire-inflator-market-report
𝐂𝐨𝐧𝐭𝐚𝐜𝐭 𝐔𝐬
Nicolas Shaw
Cognitive Market Research
20 N State Street,Chicago,
Illinois, 60602
United States
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Email: sales@cognitivemarketresearch.com
Website: https://www.cognitivemarketresearch.com/about-us
About Cognitive Market Research Company :
Cognitive Market Research has evolved as one leading market research and consulting firm and it provides services across multiple domains. Cognitive Market Research gathers and analyzes data about customers, competitors, distributors, and other market actors and forces operational across the value chain. As a market research company, we follow a complete process of gathering information about the target market and end-use industries to verify the complete journey of the product or service in the global market. It helps our readers understand the demand and viability of their product/service and how it might perform in the real world and help them to build business strategies accordingly
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