The global EV Traction Motor Market is very fragmented due to the presence of a various sizable number of players which forms a competitive environment. The report entails all-inclusive information related to the newest market updates like new ideas, market size, opportunity, growth path and trends for the forecast period of 2021-2027 to realize competitive edge across the world. This report also highlights various important strategic mergers and acquisitions, company overview, financial details, and therefore the latest development undertaken.
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the EV traction motor market include ABB Limited, Bharat Heavy Electricals Ltd., Magnetic Systems Technology, Parker-Hannifin Corp., SKF AB, Valeo SA, YASA Motors Ltd., ZF TRW Automotive Holdings Corporation and Zytek Group Limited. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
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Market Dynamics
Rising demand of electric vehicle, increasing spending on the betterment of railways and strict governmental regulation on carbon emission are the prominent factors promoting the market growth. Volatile fuel price is another factor contributing demand of electric vehicles. This is in turn, pushing the market growth. Growing demand of conveyors, elevators and other industrial machines at the manufacturing site for easy operation is further fueling the market demand. However, overheating of the motors may hinder the market growth.
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of EV traction motor.
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Market Segmentation
The broad EV traction motor market has been sub-grouped into motor type, voltage rating and vehicle type. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
By Motor Type
- Permanent Magnet Synchronous Motor (PMSM)
- Induction/Asynchronous Motor
- Hybrid Motors (HM)
- Switched Reluctance Motor (SRM)
By Voltage Rating
- Low
- High
By Vehicle Type
- Electric Vehicle
- Plug-In Electric Vehicle
- Mild Hybrid Vehicle
- Full Hybrid Vehicles
Regional Analysis
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for EV traction motor in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
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The Global EV Traction Motor Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 gives an evaluation of the market developments based on historical studies and comprehensive research respectively.
The market segments are also provided with an in-depth outlook of the competitive landscape and a listing of the profiled key players.The comprehensive value chain analysis of the market will assist in attaining better product differentiation, along with detailed understanding of the core competency of each activity involved.
The market attractiveness analysis provided in the report aptly measures the potential value of the market providing business strategists with the latest growth opportunities.The report classifies the market into different segments based on motor type, voltage rating and vehicle type.
These segments are studied in detail incorporating the market estimates and forecasts at regional and country level.
The segment analysis is useful in understanding the growth areas and probable opportunities of the market.Final Report will cover the impact of COVID-19 on this industry.Browse the complete Global EV Traction Motor Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026 @ https://www.decisiondatabases.com/ip/53081-ev-traction-motor-market-reportThe report also covers the complete competitive landscape of the global EV Traction Motor market with company profiles of key players such as:ABB LimitedBharat Heavy Electricals Ltd.Magnetic Systems TechnologyParker-Hannifin Corp.SKF ABValeo SAYASA Motors Ltd.ZF TRW Automotive Holdings CorporationZytek Group LimitedA detailed description of each has been included, with information in terms of H.Q, future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other latest industrial developments.SEGMENTATIONS IN THE REPORT:By Motor TypePermanent Magnet Synchronous Motor (PMSM)Induction/Asynchronous MotorHybrid Motors (HM)Switched Reluctance Motor (SRM)By Voltage RatingLowHighBy Vehicle TypeElectric VehiclePlug-In Electric VehicleMild Hybrid VehicleFull Hybrid VehiclesBy Geography:North America (NA) – US, Canada, and MexicoEurope (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of EuropeAsia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APACLatin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin AmericaMiddle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South AfricaDownload Free Sample Report of Global EV Traction Motor Market @ https://www.decisiondatabases.com/contact/download-sample-53081The Global EV Traction Motor Market has been exhibited in detail in the following chapters –Chapter 1 EV Traction Motor Market PrefaceChapter 2 Executive SummaryChapter 3 EV Traction Motor Industry AnalysisChapter 4 EV Traction Motor Market Value Chain AnalysisChapter 5 EV Traction Motor Market Analysis By Motor TypeChapter 6 EV Traction Motor Market Analysis By Voltage RatingChapter 7 EV Traction Motor Market Analysis By Vehicle TypeChapter 8 EV Traction Motor Market Analysis By GeographyChapter 9 Competitive Landscape Of EV Traction Motor CompaniesChapter 10 Company Profiles Of EV Traction Motor IndustryPurchase the complete Global EV Traction Motor Market Research Report @ https://www.decisiondatabases.com/contact/buy-now-53081Other Reports by DecisionDatabases.com:Global Inverter Duty Motors Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Automotive Starter Motor Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026Global Servo Drives and Motors Market Research Report – Industry Analysis, Size, Share, Growth, Trends and Forecast Till 2026About-Us:DecisionDatabases.com is a global business research reports provider, enriching decision makers and strategists with qualitative statistics.
DecisionDatabases.com is proficient in providing syndicated research report, customized research reports, company profiles and industry databases across multiple domains.Our expert research analysts have been trained to map client’s research requirements to the correct research resource leading to a distinctive edge over its competitors.
According to the latest study by Fact.MR, global demand of EV traction motor is estimated to exceed US$ 6,000 Mn in 2019, up from US$ 5,391.9 Mn in 2018.
Sales of electric vehicles and hybrid electric vehicles, upheld by a host of technological features and claims of optimal performance, are likely to boost growth of EV traction motor market in 2019 and beyond.
In addition, increasing regulations and norms put in place for effective emission controls are working in favor of hybrid and electric vehicles, paving lucrative avenues for growth of EV traction motor market.Request for the Report Summary: https://www.factmr.com/report/336/ev-traction-motor-marketGovernmental schemes to incentivize and subsidize owners of electric vehicles is a key aspect underpinning growth of EV traction motor market.
Most of these incentives and subsidies include tax exemptions, tax credits, concessions, and additional benefits, which play a vital role in exerting positive influence on customer decision-making.
The EV traction motor industry is likely to benefit from these incentives with regard to revenue generation, finds the report.Automakers Prefer EV Traction Motors with High Voltage RatingsAccording to the research study, energy efficacy is emerging as one of the focal points of automakers, on account of its importance in reducing of greenhouse emissions.
High voltages provide a healthy boost to the efficiency levels, which is a primary reason for automakers preferring motors of high voltage ratings over the ones with low voltage ratings.Request for the Sample of the Report: https://www.factmr.com/connectus/sample?flag=S_id=336Both electric and hybrid electric vehicles are based on high voltage battery systems, which implies that high voltage levels would be required for generation of sufficient power to run the vehicles.
Recently published a report entitled EV Traction Motor Market projected till 2025, added by Value Market Research, covers key players along with their market share and strategic development adopted by them.
Further, the report provides market size, share, trends, outlook and forecast based on historical data coupled with drivers, restraints, and opportunities.The broad EV traction motor market has been sub-grouped into motor type, voltage rating and vehicle type.
The report studies these subsets with respect to the geographical segmentation.
The strategists can gain a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better opportunities.Request a FREE Sample Copy of EV Traction Motor Market Report with Full TOC At: https://www.valuemarketresearch.com/contact/ev-traction-motor-market/download-sampleBy Motor TypePermanent Magnet Synchronous Motor (PMSM)Induction/Asynchronous MotorHybrid Motors (HM)Switched Reluctance Motor (SRM)By Voltage RatingLowHighBy Vehicle TypeElectric VehiclePlug-In Electric VehicleMild Hybrid VehicleFull Hybrid VehiclesThe report also covers detailed competitive landscape including company profiles of key players operating in the global market.
The key players in the EV traction motor market include ABB Limited, Bharat Heavy Electricals Ltd., Magnetic Systems Technology, Parker-Hannifin Corp., SKF AB, Valeo SA, YASA Motors Ltd., ZF TRW Automotive Holdings Corporation and Zytek Group Limited.
