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EV Motor Controller Market to Surge to USD 17.20 Billion by 2030, Growing at 17 Percentage CAGR from 2024

08-27-2024 09:20 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: MAXIMIZE MARKET RESEARCH PVT. LTD.

EV Motor Controller Market

EV Motor Controller Market

๐„๐• ๐Œ๐จ๐ญ๐จ๐ซ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Ž๐ฏ๐ž๐ซ๐ฏ๐ข๐ž๐ฐ:

The global EV motor controller market is expanding rapidly due to the rise in electric vehicle adoption, which emphasizes high fuel efficiency and low greenhouse gas emissions. This market growth is driven by advancements in both DC and AC motor technologies and their controllers, essential for managing variations in speed, voltage, and current. The sector is segmented by technology and region, with anticipated growth fueled by the increasing popularity of electric vehicles and advancements in the automobile market.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/request-sample/79300/

๐„๐• ๐Œ๐จ๐ญ๐จ๐ซ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ:

Government regulations and incentives significantly drive the EV Motor Controller market by promoting electric vehicles (EVs) through tax breaks and charging infrastructure. Growing EV adoption across various vehicle types, including two-wheelers and buses, creates substantial demand. However, high initial costs and battery expenses can hinder growth. Overall, expanding global adoption and environmental concerns present lucrative opportunities for market expansion.

๐„๐• ๐Œ๐จ๐ญ๐จ๐ซ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

In 2023, North America led the EV Motor Controller Market, driven by the US's growing EV sales and rising environmental awareness. Asia-Pacific, with major players in China and Japan, also showed notable growth. Europe's market share is expanding due to advancements and electric car leasing.

๐„๐ฑ๐ฉ๐ฅ๐จ๐ซ๐ž ๐š๐๐๐ข๐ญ๐ข๐จ๐ง๐š๐ฅ ๐๐ž๐ญ๐š๐ข๐ฅ๐ฌ ๐›๐ฒ ๐œ๐ฅ๐ข๐œ๐ค๐ข๐ง๐  ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค ๐ฉ๐ซ๐จ๐ฏ๐ข๐๐ž๐:https://www.maximizemarketresearch.com/request-sample/79300/

๐„๐• ๐Œ๐จ๐ญ๐จ๐ซ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐œ๐จ๐ฉ๐ž:

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง 2023: USD 5.73 Bn.

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ข๐ณ๐ž ๐ข๐ง 2030: USD 17.20 Bn.

๐‚๐€๐†๐‘: 17 % (2024-2030)

๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐๐ž๐ซ๐ข๐จ๐: 2024-2030

๐๐š๐ฌ๐ž ๐˜๐ž๐š๐ซ: 2023

๐๐ฎ๐ฆ๐›๐ž๐ซ ๐จ๐Ÿ ๐๐š๐ ๐ž๐ฌ: 242

No. of Tables: 126

๐๐จ. ๐จ๐Ÿ ๐‚๐ก๐š๐ซ๐ญ๐ฌ ๐š๐ง๐ ๐…๐ข๐ ๐ฎ๐ซ๐ž๐ฌ: 109

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐’๐œ๐จ๐ฉ๐ž North America, Europe, Asia Pacific, Middle East and Africa, South America

๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐‚๐จ๐ฏ๐ž๐ซ๐š๐ ๐ž Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.

๐„๐• ๐Œ๐จ๐ญ๐จ๐ซ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

๐๐ฒ ๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐“๐ฒ๐ฉ๐ž

Plug-In
Hybrid
Battery Operated

๐๐ฒ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ ๐“๐ฒ๐ฉ๐ž

Si IGBT Motor Controller
SiC IGBT Motor Controller

๐๐ฒ ๐Ž๐ฎ๐ญ๐ฉ๐ฎ๐ญ ๐๐จ๐ฐ๐ž๐ซ

1-20 KW
21-40 KW
41-80 KW
Above 80 KW

๐๐ฒ ๐„๐ง๐-๐”๐ฌ๐ž

Electric Bicycle
Passenger Vehicle
Commercial Vehicle

๐…๐จ๐ซ ๐š ๐๐ž๐ž๐ฉ๐ž๐ซ ๐ฎ๐ง๐๐ž๐ซ๐ฌ๐ญ๐š๐ง๐๐ข๐ง๐ , ๐œ๐ฅ๐ข๐œ๐ค ๐จ๐ง ๐ญ๐ก๐ž ๐ฅ๐ข๐ง๐ค:https://www.maximizemarketresearch.com/request-sample/79300/

๐„๐• ๐Œ๐จ๐ญ๐จ๐ซ ๐‚๐จ๐ง๐ญ๐ซ๐จ๐ฅ๐ฅ๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐Š๐ž๐ฒ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

Tesla [United States]
Jing-Jin Electric Technologies (Beijing) Co., Ltd.
Shenzhen Inovance Technology Co., Ltd.
BYD [China]
5. Nidec (Beijing) Drive Technologies Co., Ltd.
Beijing Siemens Automotive E-Drive System Co., Ltd.
Canadian Electric Vehicles Ltd
Prestolite E-Propulsion Systems (Beijing) Limited
Profile
Shandong Deyang Electronics Technology Co., Ltd.
JEE Automation Equipment Co., Ltd.
DEC Dongfeng Electric Machinery Co., Ltd.
Time High-Tech Co., Ltd.
Fujian Fugong Power Technology Co., Ltd.
Hunan CRRC Times Electric Vehicle Co., Ltd.
Kelly Controls, LLC
Shanghai E-drive Co., Ltd.
Chroma ATE Inc.
United Automotive Electronic Systems Co., Ltd. (UAES)
Shenzhen V&T Technologies Co., Ltd.
BYD
Parker
Delta Electronics
Zhuhai Enpower Electric Co., Ltd.
Zhongshan Broad-Ocean Motor Co., Ltd.

๐“๐จ ๐š๐œ๐œ๐ž๐ฌ๐ฌ ๐ฆ๐จ๐ซ๐ž ๐œ๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ข๐ง๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง, ๐œ๐ฅ๐ข๐œ๐ค ๐ก๐ž๐ซ๐ž:https://www.maximizemarketresearch.com/market-report/global-ev-motor-controller-market/79300/

๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐ก๐š๐ฌ ๐š๐ฅ๐ฌ๐จ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ฅ๐ฅ๐จ๐ฐ๐ข๐ง๐  ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ๐ฌ:

The ๐†๐ฅ๐จ๐›๐š๐ฅ ๐๐ฎ๐ฌ๐ฐ๐š๐ฒ-๐๐ฎ๐ฌ ๐ƒ๐ฎ๐œ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ was Valued at USD 12.2 billion. In 2023, the revenue of the Busway-Bus Duct Market is expected to increase by 5.5% from 2024 to 2030, reaching an approximate sum of USD 17.75 billion. The Busway-Bus Duct market is experiencing steady growth due to increased demand for efficient and flexible electrical power distribution solutions.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/busway-bus-duct-market/218518/

๐•๐ž๐ก๐ข๐œ๐ฅ๐ž ๐†๐ซ๐ข๐ ๐ˆ๐ง๐ญ๐ž๐ ๐ซ๐š๐ญ๐ข๐จ๐ง ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 16.08 Mn. in 2023 and the total Vehicle Grid Integration revenue is expected to grow by 28.7 % from 2024 to 2030, reaching nearly USD 94.09 Mn.Governments and energy providers investing in VGI infrastructure can use EV batteries to stabilize the grid.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/vehicle-grid-integration-market/213480/

๐…๐ฅ๐ž๐ฑ๐ข๐›๐ฅ๐ž ๐Ž๐‹๐„๐ƒ ๐ƒ๐ข๐ฌ๐ฉ๐ฅ๐š๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at USD 5.98 billion in 2023 and the total Flexible OLED Display Market revenue is expected to grow at a CAGR of 30.9% from 2024 to 2030, reaching nearly USD 18.81 Billion by 2030.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-flexible-oled-display-market/36317/ ๏ปฟ

๐ˆ๐ฆ๐š๐ ๐ž ๐ƒ๐ž๐ญ๐ž๐œ๐ญ๐ข๐จ๐ง ๐’๐ž๐ง๐ฌ๐จ๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ size is expected to reach US $ 117.01 Bn by 2030, at a CAGR of 10.2% during the forecast period.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-image-detection-sensor-market/35090/ ๏ปฟ

๐€๐๐š๐ฉ๐ญ๐ข๐ฏ๐ž ๐‘๐จ๐›๐จ๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ is expected to grow at a CAGR of 26.8% during the forecast period. Global Adaptive Robot Market is expected to reach US$ 80.06 Bn. by 2029.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-adaptive-robot-market/65945/

๐๐š๐œ๐ค๐š๐ ๐ž ๐๐จ๐ข๐ฅ๐ž๐ซ๐ฌ ๐Œ๐š๐ซ๐ค๐ž๐ญ CAGR is expected to be 4.71% during the forecast period and the market size is expected to reach nearly US$ 12.94 Bn. by 2029.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-package-boilers-market/32896/

๐ƒ๐ž๐ง๐ญ๐š๐ฅ ๐€๐๐ก๐ž๐ฌ๐ข๐ฏ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ size was valued at US$ 2.55 Bn. in 2022 and the total revenue is expected to grow at 6.32 % through 2023 to 2029, reaching nearly US$ 3.91 Bn.

๐†๐ž๐ญ ๐ˆ๐ง๐Ÿ๐จ:https://www.maximizemarketresearch.com/market-report/global-dental-adhesive-market/6814/

๐‹๐ข๐ง๐ค๐ž๐๐ข๐ง ๐๐จ๐ฌ๐ญ

https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7231608452316356608-u7OF?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7231638692119945216-E78N?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7231970811358629888-bkPh?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7232001072880345089-pQGU?utm_source=share&utm_medium=member_desktop

https://www.linkedin.com/posts/falguni-limhan-a3994722a_activity-7232333218606157824-bfvQ?utm_source=share&utm_medium=member_desktop

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

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๐€๐›๐จ๐ฎ๐ญ ๐Œ๐š๐ฑ๐ข๐ฆ๐ข๐ณ๐ž ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical categories and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, category and demand analysis, and client impact studies.

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Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number ofโ€ฆ
02-04-2019 | Tourism, Cars, Traffic
The Insight Partners
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol โ€ฆ
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market statusโ€ฆ
01-10-2019 | Advertising, Media Consulting, โ€ฆ
Data Bridge Market Research
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot โ€ฆ
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market. Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market Key Market Competitors: Globalโ€ฆ
12-19-2018 | Advertising, Media Consulting, โ€ฆ
Research Report Insights
Electric Vehicles Market 2030 | Honda Motor Co., Ltd., Ford Motor, Toyota Motor โ€ฆ
A Research Report Insights (RRI) report reveals that the global market for electric vehicles is set to cross US$ 99 Billion in terms of value by 2016 end. As per the report, the market is expected to reach US$ 596.56 Billion by 2030, riding on a CAGR of 15.6%. Increasing demand for clean and green energy and rise in global air pollution is compelling socio-economic institutions to rethink over the structuresโ€ฆ
10-08-2018 | Advertising, Media Consulting, โ€ฆ
Allied Market Research
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous โ€ฆ
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase inโ€ฆ