The report on Electric Vehicle Traction Motor Market provides an in-depth analysis of the industry. Key highlights of the report include the market size and the growth rate. Insights of the report covers the drivers, restraints, challenges & opportunities for Electric Vehicle Traction Motor market growth. A detailed PESTEL analysis is also included in the report. The report covers a thorough regional analysis of the Electric Vehicle Traction Motor industry at local, regional and global level. Segment wise market share estimation & Industry potential is also covered.
The market overview focuses on analyzing the dynamics of the Electric Vehicle Traction Motor Market, including its key players and market rivalry. The report provides revenue forecasts for the industry at the global, regional, and segment levels, with a particular emphasis on sales forecasting by segment and region. This comprehensive analysis allows for a detailed understanding of the market's current state and future trends, providing valuable insights for industry stakeholders.
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An Electric Vehicle (EV) Traction Motor is a critical component in electric vehicles, responsible for converting electrical energy from the vehicle's battery into mechanical energy to drive the wheels. This motor is a key element that differentiates electric vehicles from traditional internal combustion engine vehicles.
Top companies in the Electric Vehicle Traction Motor Market are,
- ABB Limited
- AVL List GmbH
- BorgWarner Inc.
- Continental AG
- Dana Incorporated
- GKN Automotive Limited
- Hitachi Automotive Systems
- Mitsubishi Electric Corporation
- Nidec Corporation
- Parker-Hannifin Corp.
- Robert Bosch GMBH
- SiCepower
- Siemens AG
- SKF AB
- Yaskawa Electric Corporation
- ZF TRW Automotive Holdings Corporation
- BYD Company Limited
The leading companies of the Electric Vehicle Traction Motor industry, their market share, product portfolio, company profiles are covered in this report. Key market players are analyzed on the basis of production volume, gross margin, market value, and price structure. The competitive market scenario among Electric Vehicle Traction Motor players will help the industry aspirants in planning their strategies. The statistics presented in this report are an accurate and useful guide to shaping your business growth.
Market Segments
By Type
- Permanent Magnet Synchronous Motors
- DC Brushed Motors
- DC Brushless Motors
o Out-Runner BLDC Motors
o In-Runner BLDC Motors
- Induction Motors
- Switched Reluctance Motors
- Wound Rotor Synchronous Motors
By Power Output
- Less Than 100 kW
- 100 kW to 250 kW
- More Than 250 kW
By Propulsion Type
- Hybrid Electric Vehicles
o Pure Hybrid Electric Vehicles
o Plug-In Hybrid Electric Vehicles
- Battery Electric Vehicles
By Application
- Passenger Vehicles
- E-Scooters & Bikes
- Heavy Commercial Vehicles
This research report also presents practical and practical case studies to help you get a clearer understanding of the topic. This research report has been prepared through industry analysis techniques and presented in a professional manner by including effective information graphics whenever necessary. It helps ensure business stability and rapid development to achieve notable remarks in the global Electric Vehicle Traction Motor market.
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Finally, Electric Vehicle Traction Motor Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report provides locales, economic conditions, item values, benefits, limits, creations, supplies, requests, market development rates, and numbers, etc. Electric Vehicle Traction Motor Industry Report Announces Additional New Task SWOT Examination, Speculation Achievement Investigation and Venture Return Investigation.
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The global electric vehicle traction motor market size is expected to reach USD 19.8 billion by 2025, registering a CAGR of 41.6% over the forecast period, according to a new study by Radiant Insights, Inc. Traction motor is the most vital component used in Electric Vehicles (EV) as it aids the movement of the vehicle.
Governments of developing and developed countries are taking initiatives for boosting the adoption of electric vehicles, through establishment of various stringent norms and policies regarding carbon emissions, as a result of the growing environmental hazards posed by traditional combustion engine vehicles.
Download Free Sample Report @ https://www.radiantinsights.com/research/electric-vehicle-ev-traction-motor-market/request-sample Furthermore, the cost of ownership of combustion engine vehicles has witnessed rapid rise as a result of the consistent increase in the prices of petrol and diesel.
Although, lower loading capacity is proving to be a restraint for the higher adoption of EVs, companies are observed to be making huge investments to develop advanced technology for EVs and developing powerful motors and batteries.
Further key findings from the study suggest: • The BEV segment held a market share of over 50% in 2018, owing to the higher production and availability of fully battery-operated vehicles globally • The PHEV segment is forecasted to expand at a significant CAGR over the forecast period, due to reduced risk of vehicle shut down during the commute • Asia Pacific is expected to account for the highest market share, followed by North America, by 2025.
High adoption of EVs in countries such as China, contributed to the higher share of Asia Pacific • Key market players in electric vehicle traction motor market include ABB Limited, Robert Bosch GMBH, ZF TRW Automotive Holdings Corporation, Parker-Hannifin Corp., Avid Technology Limited, and Valeo SA Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/electric-vehicle-ev-traction-motor-market Table of Contents Chapter 1.
