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The EV traction motor market is poised to grow by $6,960.3 mn during 2023-2027, accelerating at a CAGR of 16.73% during the forecast period. The report on the EV traction motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current global market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the increasing sales of EVs, decreasing prices of lithium-ion battery boost adoption of EVs, and the advantages of EV traction motors.
The EV traction motor market is segmented as below:
By Application
- Railways
- Electric vehicle
- Others
By Power Rating
- Below 200 kW
- 200 to 400 kW
- Above 400 kW
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
The report on EV traction motor market covers the following areas:
- Ev traction motor market sizing
- Ev traction motor market forecast
- Ev traction motor market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Power Rating
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
List of Exhibits
Executive Summary
The publisher recognizes the following companies as the key players in the global EV traction motor market: ABB Ltd., AC Propulsion Inc., Aisin Corp., Allied Motion Technologies Inc., BorgWarner Inc., Bowe Digital Ltd, Continental AG, Delta Electronics Inc., Hitachi Ltd., LG Magna e Powertrain, MAHLE GmbH, Nidec Corp., Parker Hannifin Corp., Robert Bosch GmbH, Saini Group, Siemens AG, SONA BLW Precision Forgings Ltd., TOSHIBA CORP, Valeo SA, and Yasa Ltd.Commenting on the report, an analyst from the research team said: `The latest trend gaining momentum in the market is the rapid development of luxury EVs.`
According to the report, one of the major drivers for this market is the increasing sales of EVs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB Ltd.
- AC Propulsion Inc.
- Aisin Corp.
- Allied Motion Technologies Inc.
- BorgWarner Inc.
- Bowe Digital Ltd
- Continental AG
- Delta Electronics Inc.
- Hitachi Ltd.
- LG Magna e Powertrain
- MAHLE GmbH
- Nidec Corp.
- Parker Hannifin Corp.
- Robert Bosch GmbH
- Saini Group
- Siemens AG
- SONA BLW Precision Forgings Ltd.
- TOSHIBA CORP
- Valeo SA
- Yasa Ltd.
