The Electric Vehicle Traction Motor Market size was valued at USD 13.23 Bn. in 2023 and the total market is expected to grow at a CAGR of 15 % from 2024 to 2030, reaching nearly USD 35.19 Bn. by 2030.
Electric Vehicle Traction Motor Market Overview
Maximize Market Research, a Electric Vehicle Traction Motor business research firm has published a report on the “Electric Vehicle Traction Motor Market”. Which provides Industry Analysis (business insights, demand analysis, pricing analysis, and competitive landscape) for the forecast period of 2024 to 2030.
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Electric Vehicle Traction Motor Market Report Scope and Research Methodology
The report presents an in-depth analysis of Electric Vehicle Traction Motor market through segmental analysis, dynamics, and competitive landscape. The data is used from primary and secondary research methods which include government websites, news articles and company annual reports. The study includes analysis of key players of Electric Vehicle Traction Motor market, recent innovations and merger and acquisitions. The charts in the report represent import/export, leading players, market share, revenue of Electric Vehicle Traction Motor market. The Electric Vehicle Traction Motor market report also gives a brief overview about drivers, challenges, opportunities and trends of the Electric Vehicle Traction Motor market. The market size was estimated using bottom-up approach method. The study mentions about competitive analysis and key factors leading to expansion of Electric Vehicle Traction Motor market.
Electric Vehicle Traction Motor Market Regional Insights
The Electric Vehicle Traction Motor market is segmented into major regions that are North America, Europe, Asia Pacific, Middle East and Africa and South America. The report provides country wise analysis of segments for Electric Vehicle Traction Motor market. The economic growth, investments are mentioned for Electric Vehicle Traction Motor market in the report.
Electric Vehicle Traction Motor Market Segmentation
by Motor Type
AC Induction Motors
Permanent Magnet Synchronous Motors
Switched Reluctance Motors
Others
by Vehicle Type
Battery Electric Vehicles (BEV)
Hybrid Electric Vehicles (HEV)
Plug-In Hybrid Electric Vehicles (PHEV)
Others
by Power Output
Less than 250 kW
251-500 kW
More than 500 kW
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Electric Vehicle Traction Motor Market Key Players
Robert Bosch GmbH (Germany)
Siemens AG (Germany)
Toshiba Corporation (Japan)
BorgWarner Inc. (US)
Continental AG (Germany)
DENSO Corporation (Japan)
Valeo SA (France)
WEG S.A. (Brazil)
YASA Limited (UK)
ZF Friedrichshafen AG (Germany)
Hino Motors, Ltd. (Japan)
TM4 Inc. (Canada)
ABB Ltd. (Switzerland)
Advanced Motors & Drives (US)
Emerson Electric Co.(US)
GKN Automotive Limited (UK)
Hitachi Automotive Systems, Ltd. (Japan)
Hyundai Mobis Co., Ltd. (South Korea)
Jing-Jin Electric Technologies (China)
Magna International Inc. (Canada)
Mahindra Electric Mobility Limited (India)
Mitsubishi Electric Corporation (Japan)
Nidec Corporation (Japan)
Parker-Hannifin Corporation (US)
Regal Beloit Corporation (US)
Key questions answered in the Electric Vehicle Traction Motor Market are:
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Electric Vehicle Traction Motor Market?
- What segments are covered in the Electric Vehicle Traction Motor Market?
- Who are the leading companies and what are their portfolios in Electric Vehicle Traction Motor Market?
- What is Electric Vehicle Traction Motor?
- What was the Electric Vehicle Traction Motor market size ?
- What is the growth rate of the Electric Vehicle Traction Motor Market?
- Which are the factors expected to drive the Electric Vehicle Traction Motor market growth?
- Who are the key players in the Electric Vehicle Traction Motor market?
- What segments are covered in the Electric Vehicle Traction Motor Market?
- What are the different segments of the Electric Vehicle Traction Motor Market?
- What growth strategies are the players considering to increase their presence in Electric Vehicle Traction Motor?
- What are the upcoming industry applications and trends for the Electric Vehicle Traction Motor Market?
Key Offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Stellar Market Research:
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 products 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, production and demand analysis, and client impact studies.
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