Report Description
A recent market intelligence report that is published by Data Insights Partner on the EV Traction Motor Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international EV Traction Motor Market. The research also emphasizes on the impact of restraints, drivers, and macro indicators on the regional and global EV Traction Motor Market over the short as well as long period of time. A detailed presentation of forecast, trends, and dollar values of EV Traction Motor Market is offered. In accordance with the report, the global EV Traction Motor Market is projected to expand by healthy CAGR over the period of forecast.
Market Insight, Drivers, Restraints, Opportunity & Trends of the Market:
EV traction motor registered growth at a CAGR of over 4.8% during 2013- 2017. The market growth is primarily driven by the tough & strict emission-control regulations which have been put into the place for the purpose of safeguarding environmental sustainability.
Sales of induction motors (IM) were valued at US$ xx Mn in the year 2018, & will continue to tread on an ever-increasing path during the forecast period. The rugged physical structure coupled with the operational safety makes an induction motor one of the widely engaged EV traction motor types.
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North America is expected to retain its position of the major market with multiple opportunities for the major market players from an investment-making standpoint and large scale acceptance. Owing to the multiple governmental initiatives, like provisions of incentivizing electric car owners, North America continues to be most-attractive market. In addition to that extended support by U.S. Department of Energy vis-à-vis production of the traction motors for the power enhancement & cost reduction of the electric vehicles is a key aspect upholding regional market growth.
APAC EV traction motor market is projected to register fastest growth, with governments of China & India actively promoting the use of the plug-in electric vehicles.
Segment Covered:
This market intelligence report on the global EV Traction Motor Market encompasses market segments based on motor type, voltage rating, vehicle type and country.
By Motor Type the global EV Traction Motor Market has been divided into:
q Permanent Magnet Synchronous Motors (PMSM)
q Induction/Asynchronous Motors (IM)
q Hybrid Motors (HM)
q Switched Reluctance Motor (SRM)
By Voltage Rating the global EV Traction Motor Market has been divided into:
q High
q Low
By Voltage Rating the global EV Traction Motor Market has been divided into:
q Electric Vehicles
q Plug-in Hybrid Electric Vehicles
q Mild Hybrid Vehicles
q Full Hybrid Vehicles
By country/region, the global EV Traction Motor Market has been divided into:
q North America (the U.S., Canada),
q Latin America (Brazil, Mexico, Argentina and other countries),
q Europe (Germany, France, the U.K., Spain, Italy, Russia, and other countries),
q Asia Pacific (India, Japan, China, Australia and New Zealand and other countries),
q Middle East and Africa (GCC, South Africa, Israel and Other countries).
Profiling of Market Players:
This business intelligence report offers profiling of reputed companies that are operating in the market. Companies such as:
q ABB Limited
q Bharat Heavy Electricals Ltd.
q Magnetic Systems Technology
q Parker-Hannifin Corp.
q SKF AB
q Valeo SA
q YASA Motors Ltd.
q ZF TRW Automotive Holdings Corporation
q Zytek Group Limited.
others have been profiled into detail so as to offer a glimpse of the market leaders. Moreover, parameters such as EV Traction Motor Market related investment & spending and developments by major players of the market are tracked in this global report.
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Report Highlights:
In-depth analysis of the micro and macro indicators, market trends, and forecasts of demand is offered by this business intelligence report. Furthermore, the report offers a vivid picture of the factors that are steering and restraining the growth of this market across all geographical segments. In addition to that, IGR-Growth Matrix analysis is also provided in the report so as to share insight of the investment areas that new or existing market players can take into consideration. Various analytical tools such as DRO analysis, Porter’s five forces analysis has been used in this report to present a clear picture of the market. The study focuses on the present market trends and provides market forecast from the year 2020-2028. Emerging trends that would shape the market demand in the years to come have been highlighted in this report. A competitive analysis in each of the geographical segments gives an insight into market share of the global players.
Salient Features:
Ø This study offers comprehensive yet detailed analysis of the EV Traction Motor Market, size of the market (US$ Mn), and Compound Annual Growth Rate (CAGR (%)) for the period of forecast: 2020-2028, taking into account 2019 as the base year
Ø It explains upcoming revenue opportunities across various market segments and attractive matrix of investment proposition for the said market
Ø This market intelligence report also offers pivotal insights about various market opportunities, restraints, drivers, competitive market strategies of leading market players, emerging market trends, and regional outlook
Ø Profiling of key market players in the world EV Traction Motor Market is done by taking into account various parameters such as company strategies, distribution strategies, product portfolio, financial performance, key developments, geographical presence, and company overview
Ø The data of this report would allow management authorities and marketers of companies alike to take informed decision when it comes to launch of Type of models, government initiatives, marketing tactics and expansion, and technical up gradation
Ø The world market for EV Traction Motor caters to the needs of various stakeholders pertaining to this industry, namely suppliers, manufacturers, investors, and distributors for EV Traction Motor Market. The research also caters to the rising needs of consulting and research firms, financial analysts, and new market entrants
Ø Research methodologies that have been adopted for the purpose of this study have been clearly elaborated so as to facilitate better understanding of the reports
Ø Reports have been made based on the guidelines as mandated by General Data Protection Regulation
Ø Ample number of examples and case studies have been taken into consideration before coming to a conclusion
Reasons to buy:
v Identify opportunities and plan strategies by having a strong understanding of the investment opportunities in the EV Traction Motor Market
v Identification of key factors driving investment opportunities in the EV Traction Motor Market
v Facilitate decision-making based on strong historic and forecast data
v Position yourself to gain the maximum advantage of the industry’s growth potential
v Develop strategies based on the latest regulatory events
v Identify key partners and business development avenues
v Respond to your competitors’ business structure, strategy and prospects
v Identify key strengths and weaknesses of important market participants
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