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Sustainability and Efficiency: Electric LCV Traction Motors in the Commercial Vehicle Sector

09-14-2023 09:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

Sustainability and Efficiency: Electric LCV Traction Motors

Electric light commercial vehicle traction motor refers to a type of mechanism designed to produce resistance between two surfaces for extracting electricity from the battery pack of the vehicle, thereby, providing rotation torque for the light commercial vehicles. The traction motor is considerably effective when compared to the non-electric systems which offers various benefits such as zero smoke generation and quick start & stop. Furthermore, various stringent emission discharge norms & regulations such as Bharat stage emission standards (India) and others drives the demand for electric light commercial vehicle (ELCV). Moreover, decline in ELCV prices due to government provided subsidies & reduced price of battery, quick expansion of EV commercial charging structure, accessibility to ultra-fast chargers and anticipated restrictions over fuel-powered vehicles further fuel the demand for EVs. Therefore, rising demand for electric light commercial vehicle is expected to drive the market growth for global electric light commercial vehicle traction motor.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ - https://www.alliedmarketresearch.com/request-toc-and-sample/8337

๐‚๐Ž๐•๐ˆ๐ƒ-๐Ÿ๐Ÿ— ๐ฌ๐œ๐ž๐ง๐š๐ซ๐ข๐จ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
โ€ข Majority of global electric light commercial vehicle traction motor manufacturers are facing major issues such as shutdown of all operations and low production productivity due to the government declared lockdown, which further affects the production of the electric light commercial vehicles as well.
โ€ข Electric light commercial vehicle is an evolving industry, which has been currently hampered due to the unavailability of workforce owing to the spread of the coronavirus which in turn have disrupted the production and installation of electric light commercial vehicle traction motor across the affected countries.
โ€ข An unprecedented global disruption owing to the covid-19 outbreak is observed in the electric light commercial vehicle traction motor market which in turn has caused an uncertainty towards the demand and supply network for the LCV traction motor manufacturers.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ - https://www.alliedmarketresearch.com/electric-light-commercial-vehicle-traction-motor-market/purchase-options

๐“๐จ๐ฉ ๐ข๐ฆ๐ฉ๐š๐œ๐ญ๐ข๐ง๐  ๐Ÿ๐š๐œ๐ญ๐จ๐ซ๐ฌ: ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐œ๐ž๐ง๐š๐ซ๐ข๐จ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ, ๐ญ๐ซ๐ž๐ง๐๐ฌ, ๐๐ซ๐ข๐ฏ๐ž๐ซ๐ฌ ๐š๐ง๐ ๐ข๐ฆ๐ฉ๐š๐œ๐ญ ๐š๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ
Rising adoption of electric vehicles, increase in demand for effective power renovation, and non-stable prices of crude oil drive the growth of the global market. However, overheating of EV traction motors and fluctuating prices of input components are expected to hamper the growth of the market. Contrarily, designing better speed estimator creates favourable condition for the adoption of electric vehicles, which provides lucrative opportunity for the market growth.

๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ž๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐ฅ๐ข๐ ๐ก๐ญ ๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ญ๐ซ๐š๐œ๐ญ๐ข๐จ๐ง ๐ฆ๐จ๐ญ๐จ๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ญ๐ซ๐ž๐ง๐๐ฌ ๐š๐ซ๐ž ๐š๐ฌ ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ฌ:
๐Ž๐ฏ๐ž๐ซ๐ก๐ž๐š๐ญ๐ข๐ง๐  ๐จ๐Ÿ ๐ž๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐ฅ๐ข๐ ๐ก๐ญ ๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ญ๐ซ๐š๐œ๐ญ๐ข๐จ๐ง ๐ฆ๐จ๐ญ๐จ๐ซ
Due to the resistance generated by the traction motor using electricity from the battery pack, a huge amount of electrical overload is caused to the mechanical equipment. Hence, generating higher amount of heat from the friction. Furthermore, excessive heat causes rapid deterioration, corrosion and failure of the traction motor. For instance, Robert Bosch have qualified almost 60 percent of light commercial vehicle motor failure are caused by overheating while generating torque for the wheels. Therefore, the rise in overheating of electric light commercial vehicle traction motor is anticipated to hamper the market growth for electric light commercial vehicle traction motor market in the near future.

๐Œ๐š๐ค๐ž ๐š๐ง ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐  - https://www.alliedmarketresearch.com/purchase-enquiry/8337

๐Š๐ž๐ฒ ๐›๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:
โ€ข This study presents the analytical depiction of the electric light commercial vehicle traction motor industry along with the current trends and future estimations to determine the imminent investment pockets.
โ€ข The report presents information related to key drivers, restraints, and opportunities along with challenges of the electric light commercial vehicle traction motor market.
โ€ข The current market is quantitatively analyzed to highlight the electric light commercial vehicle traction motor market growth scenario.
โ€ข We can also determine electric light commercial vehicle traction motor will remain a significant revenue shareholder in the global electric light commercial vehicle traction motor market through the predictable future.

๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ๐ž๐ ๐ข๐ง ๐ญ๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐ž๐ฅ๐ž๐œ๐ญ๐ซ๐ข๐œ ๐ฅ๐ข๐ ๐ก๐ญ ๐œ๐จ๐ฆ๐ฆ๐ž๐ซ๐œ๐ข๐š๐ฅ ๐ฏ๐ž๐ก๐ข๐œ๐ฅ๐ž ๐ญ๐ซ๐š๐œ๐ญ๐ข๐จ๐ง ๐ฆ๐จ๐ญ๐จ๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ซ๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:
โ€ข Which are the leading market players active in electric light commercial vehicle traction motor market?
โ€ข What are the current trends that will influence the market in the next few years?
โ€ข What are the driving factors, restraints, and opportunities in the market?
โ€ข What are the projections for the future that would help in taking further strategic steps?

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ
โ€ข Robert Bosch AG
โ€ข Zhongshan Broad-Ocean Motor Co. Ltd.
โ€ข ZF Group
โ€ข Siemens AG
โ€ข Remy Group
โ€ข Valeo SA
โ€ข ABB
โ€ข BorgWarner Inc.
โ€ข Continental AG
โ€ข Toshiba Group

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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