openPR Logo
Press release

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

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:

3rd Floor, Navale IT Park, Phase 2
Pune Banglore Highway, Narhe,
Pune, Maharashtra 411041, India
sales@maximizemarketresearch.com
+91 96071 95908, +91 9607365656

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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release EV Motor Controller Market to Surge to USD 17.20 Billion by 2030, Growing at 17 Percentage CAGR from 2024 here

News-ID: 3635717 • Views: โ€ฆ

More Releases from MAXIMIZE MARKET RESEARCH PVT. LTD.

Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR - Clinical Trials Market Forecast Insights
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR โ€ฆ
According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR. โ–บ Get a sample of theโ€ฆ
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5.16% Driven
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 โ€ฆ
Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn. Turbo Trainer Market Overview: The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essentialโ€ฆ
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of 7% Driven
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of โ€ฆ
Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million. Sodium Acetate Market Overview: The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, isโ€ฆ
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR -
India Tire Market to Reach USD 27.6 Billion by 2033 at 7.6 % CAGR - "India Tire โ€ฆ
According to a new report by Maximize Market Research, the India tire market was valued at approximately USD 13.4 billion in 2024 and is expected to climb to USD 27.6 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.6 %. The growth is underpinned by increasing automotive production, growing replacement demand, and rising adoption of radial tyres. โ–บ Get a sample of the report:https://www.maximizemarketresearch.com/request-sample/21022/ โ™ฆ Key Highlights Market sizeโ€ฆ

All 5 Releases


More Releases for Motor

SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M โ€ฆ
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries andโ€ฆ
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. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number ofโ€ฆ
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
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
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
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