Electric Motors for Electric Vehicle Market Research Report 2019-2024 | Market Share, Size, and Revenue by Types, Applications, and Regional Forecast

Electric Motors for Electric Vehicle

Electric Motors for Electric Vehicle Market research report gives in-depth information on the Business Overview, Policy, Regional Market, Production Development, Sales, Regional Trade, Business Operation Data, Market Features, Investment Opportunity, Investment Calculation and other important aspect of the industry.

Electric Motors for Electric Vehicle Market Report 2019

The main objectives of the research report elaborate the overall market overview on Electric Motors for Electric Vehicle market dynamics, historic volume and value, robust market methodology, current & future trends, Porter’s Five Forces Analysis, upstream and downstream industry chain, new technological development, cost structure, government policies & regulations, etc.

Scope of the Report:

  • Electric motors which are primarily used for propulsion/traction of the electric vehicles have been considered as the scope of the market.
  • The electric motors for electric vehicle market study have been segmented by application, motor type, and vehicle type.
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    Key Insights of Electric Motors for Electric Vehicle Market:

    • Complete in-depth analysis of the Electric Motors for Electric Vehicle
    • Important changes in market dynamics.
    • Segmentation analysis of the market.
    • Emerging segments and regional markets.
    • Historical, on-going, and projected market analysis based on volume and esteem.
    • Assessment of niche industry players.
    • Market share analysis.
    • Key strategies of major players

    Market Overview:

  • The global electric motors for electric vehicle market is expected to register a CAGR of 15.43%, during the forecast period, 2019-2024.
  • - With growing emission standards, the need for the adoption of electric vehicles has been a prominent initiative among various countries across the globe.
  • - Government policies played a huge role in promoting electric vehicles. The results have started to show in the European countries, where electric vehicles have occupied a significant portion of the total vehicle population. In the years to come, China, the US, and few European nations like Norway, France, etc., are positioned to take the leading role in electric vehicles, owing to the supporting government policies.
  • - However, the shortage of EV charging stations has been hindering the adoption of these vehicles, which in turn is expected to restrict the usage of electric motors for electric vehicles.
  • Electric Motors for Electric Vehicle Market Segmentation by Top Key Players:

  • Aisin Seiki Co. Ltd
  • Toyota Motor Corporation
  • Hitachi Automotive Systems
  • Denso Corporation
  • Aptiv PLC
  • Mitsubishi Electric Corp
  • Magna International
  • Robert Bosch GmbH
  • BMW AG
  • Nissan Motors
  • Tesla Motors
  • Toshiba Corporation
  • Price of Report: $ 4250 (SUL)

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    Key Market Trends:

    AC Motors to Witness Growth

    With the advent of incorporating less expensive electronics, a large number of electric vehicles in the market have been using AC motor, due to their improved efficiency and lightweight. Additionally, AC motors are robust and inexpensive when compared to DC motors. Thus, automakers have been widely adopting synchronous AC motors and induction motors, which have benefits of brushless DC motors as well.

    Owing to the above features, some of the major companies continue to focus on producing more AC Motors for electric vehicles are Bosch, Delphi, Denso, Continental, etc.

    Asia-Pacific continues to dominate the Global Market

    Across the regions, Asia-Pacific has been predominantly capturing the largest share in the market, owing to their highest EV sales, majorly from China. China has been consistently taking aggressive steps to tackle the issue of environmental pollution, which in turn has resulted in the high adoption rate of electric vehicles in its transportation sector. China is the largest market for electric cars and buses across the globe, registering more than 1.3 million vehicles in 2018. Further, in 2017, the City of Beijing announced plans to transform its entire taxi fleet to electric propulsion.

    Owing to the above trend, major automotive companies has been planning to invest in the Chinese market to take advantage of the strong demand for electric vehicles. Nissan, BYD, Honda, and Toyota motor have all announced their investment plans in the Chinese market, which is expected to collectively sum up to USD 50 billion.

    Electric Motors for Electric Vehicle Market Provides The Following:

    Electric Motors for Electric Vehicle Market

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    Electric Motors for Electric Vehicle Market Covers Following Points in TOC:

    • Chapter 1: Electric Motors for Electric Vehicle Market Definition
    • Chapter 2: Research Methodology of Electric Motors for Electric Vehicle Market
    • Chapter 3: Electric Motors for Electric Vehicle Market Executive Summary
    • Chapter 4: Electric Motors for Electric Vehicle Market Overview Includes Current Market Scenario, Porter’s Five Forces Analysis, Bargaining Power of Suppliers and Consumers, Threat of New Entrants and Substitute Product and Services
    • Chapter 5: Market Dynamics Covers Drivers, Restraints, Opportunities and Challenges
    • Chapter 6: Electric Motors for Electric Vehicle Market Segmentation by Types, End-User, and Applications Forecast to 2024
    • Chapter 7: Electric Motors for Electric Vehicle Market Segmentation by Geographical Regions
    • Chapter 8: Competitive Landscape of Electric Motors for Electric Vehicle Market Includes Mergers & Acquisition Analysis, Agreements, Collaborations, and Partnerships, New Products Launches
    • Chapter 9: Key Players for Electric Motors for Electric Vehicle Market

    For Detailed TOC Click Here

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