Global Electric Motor For Electric Overview
Introduction:
Electric vehicles are not new to this world, but the technological advancement and better concern on controlling pollution have given it an identifier of future mobility. The essential element of the EV, apart from Electric Vehicle Batteries, that’s changes the Internal Combustion engines is an Electric motor. The rapid expansion in the field of power electronics and control techniques has shaped space for various types of electric motors that are used in Electric Vehicles. With having characteristics like high starting torque, high power density, good efficiency, etc.
Drivers and Restraints:
The growth in Motor Type of electric car is the major factor driving the growth for the target market. For instance According to eei.org Electric car utilization has been growing rapidly over the decade, with growth in a stoke of electric passenger cars around 5 million in 2018, with an increase of 63% from the previous year. Additionally some favourable government policies and support in terms of subsidies and grants, tax rebates and other non-financial benefits for buying an electric car such factor boost target market growth. Additionally, the manufacturer is introducing a new vehicle range, improved availability of charging infrastructure and proactive participation by automotive OEMs such factor drives the target market growth. However the lack of charging infrastructure restrain the target market. Additionally the government strict regulation for using EV with a ban on the diesel engine will provide a great opportunity to the target market.
Segmentation:
The Electric Motor for Electric Vehicle market is segmented based on Application, by Motor Type, and region.
By application, the global electric motor for the electric vehicle market is classified into passenger cars and commercial vehicles. By motor type, the global electric motor for the electric vehicle market is classified into ac motor and dc motor. The ac motors are expected to dominate the market segment, owing to its benefits such as improved efficiency and lightweight. Also, AC motors are robust and cheap, when compared to DC motors. By vehicle type, the Electric Motor for Electric Vehicle market is classified into the hybrid electric vehicle (HEV), plug-in hybrid electric vehicle (PHEV), and pure electric vehicle (PEV).
By region, Asia-Pacific is expected to dominate the electric motor for the electric vehicle market. This is an attribute to the growing Motor Type of the electric vehicle in an emerging country such as India and China. For instance, according to IEA.ORG, about 45% of electric cars on the road in 2018 were in China a total of 2.3 million compared to 39% in 2017. Europe accounted for the significant share in the target market for instance according to IEA.ORG to Europe accounted for 24% of the global fleet.
Key Players:
The key players operating the electric motor for electric vehicle market includes 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 Motor Co Ltd, and Tesla Inc. the key players in the market are focusing on partnership and mutual agreement. For instance, AISIN and DENSO announced they have formally agreed to form a New Company to Develop and Sell Driving Modules for Electric Vehicles.
Detailed Segmentation:
Electric Motor for Electric Vehicle Market, By Application:
- Passenger Cars
- Commercial Vehicles
Electric Motor for Electric Vehicle Market, By Motor Type:
- AC Motor
- DC Motor
Electric Motor for Electric Vehicle Market, By Vehicle Type:
- Hybrid Electric Vehicle (HEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Pure Electric Vehicle (PEV)
Electric Motor for Electric Vehicle Market, By Region:
- North America
- Middle East & Africa
- Middle East & Africa Electric Motor for Electric Vehicle Market, By Application
- Middle East & Africa Electric Motor for Electric Vehicle Market, By Motor Type
- Middle East & Africa Electric Motor for Electric Vehicle Market, By Vehicle Type
- Middle East & Africa Electric Motor for Electric Vehicle Market, By Country
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Latin America Electric Motor for Electric Vehicle Market, By Application
- Latin America Electric Motor for Electric Vehicle Market, By Motor Type
- Latin America Electric Motor for Electric Vehicle Market, By Vehicle Type
- Latin America Electric Motor for Electric Vehicle Market, By Country
- Brazil
- Mexico
- Rest of Latin America
- Asia Pacific
- Asia Pacific Electric Motor for Electric Vehicle Market, By Application
- Asia Pacific Electric Motor for Electric Vehicle Market, By Motor Type
- Asia Pacific Electric Motor for Electric Vehicle Market, By Vehicle Type
- Asia Pacific Electric Motor for Electric Vehicle Market, By Country
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Europe
- Europe Electric Motor for Electric Vehicle Market, By Application
- Europe Electric Motor for Electric Vehicle Market, By Motor Type
- Europe Electric Motor for Electric Vehicle Market, By Vehicle Type
- Europe Electric Motor for Electric Vehicle Market, By Country
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- North America Electric Motor for Electric Vehicle Market, By Application
- North America Electric Motor for Electric Vehicle Market, By Motor Type
- North America Electric Motor for Electric Vehicle Market, By Vehicle Type
- North America Electric Motor for Electric Vehicle Market, By Country
- U.S.
- Canada
- Middle East & Africa
Company Profile:
- Aisin Seiki Co Ltd
- Company Overview
-
- Motor Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
-
- Toyota Motor Corporation
- Hitachi Automotive System
- DENSO Corporatio
- Aptiv PLC
- Mitsubishi Electric Corp
- Magna International
- Robert Bosch GmbH
- BMW AG
- Nissan Motor Co Ltd
- Tesla Inc.
“*” marked represents similar segmentation in other categories in the respective section
Global Electric Motor For Electric Table of Contents
- Research Objective and Assumption
- Preface
- Research Objectives
- Study Scope
- Years Considered for the study
- Assumptions
- Abbreviations
- Research Methodology
- Research data
- Primary Data
- Primary Interviews
- Primary Breakdown
- Key data from Primary Sources
- Key Industry Insights
- Secondary Data
- Major Secondary Sources
- Secondary Sources
- Market Estimation
- Top-Down Approach
- Approach for estimating Market Share by Top-Down Analysis (Supply Side)
- Bottom-Up Approach
- Approach for estimating market share by Bottom-up Analysis (Demand Side)
- Market Breakdown and Data Triangulation
- Research Assumptions
- Market Preview
- Executive Summary
- Key Findings—Global Outlook for Electric Motor for Electric Vehicle Strategies
- Key Questions this Study will Answer
- Market Snippet, By Application
- Market Snippet, Motor Type
- Market Snippet, Motor Type
- Market Snippet, Vehicle Type
- Market Snippet, By Region
- Opportunity Map Analysis
- Executive Summary—3 Big Predictions
- Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Market Trends
- DR Impact Analysis
- PEST Analysis
- Porter’s Five Forces Analysis
- Opportunity Orbit
- Market Investment Feasibility Index
- Macroeconomic Factor Analysis
- Market Dynamics
- Market Segmentation, By Application, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Passenger Cars
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Commercial Vehicles
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, Motor Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- AC Motor
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- DC Motor
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Market Segmentation, Vehicle Type, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Segment Trends
- Hybrid Electric Vehicle (HEV)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Plug-in Hybrid Electric Vehicle (PHEV)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Pure Electric Vehicle (PEV)
- Overview
- Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
- Overview
- Global Market, By Region, 2020 – 2030, (US$ Mn)
- Overview
- Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
- Y-o-Y Growth Analysis (%), 2020 – 2030
- Regional Trends
- North America
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), Motor Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- U.S.
- Canada
- Europe
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), Motor Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Germany
- UK
- France
- Russia
- Italy
- Rest of Europe
- Asia Pacific
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), Motor Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- China
- India
- Japan
- South Korea
- Rest of Asia Pacific
- Latin America
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), Motor Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- Market Size and Forecast (US$ Mn), By Technology, 2020 – 2030
- Market Size and Forecast (US$ Mn), Motor Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), Vehicle Type, 2020 – 2030
- Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
- GCC
- Israel
- South Africa
- Rest of Middle East
- Overview
- Competitive Landscape
- Heat Map Analysis
- Market Presence and Specificity Analysis
- Company Profiles
- Aisin Seiki Co Ltd
- Company Overview
- Motor Type Portfolio
- Key Highlights
- Financial Performance
- Business Strategies
- Company Overview
- Toyota Motor Corporation
- Hitachi Automotive System
- DENSO Corporatio
- Aptiv PLC
- Mitsubishi Electric Corp
- Magna International
- Robert Bosch GmbH
- BMW AG
- Nissan Motor Co Ltd
- Tesla Inc.
- The Last Word
- Future Impact
- About Us
- Contact
FAQs
The Electric Motor for Electric Vehicle Market report segments the market been segmented on Application, by Motor Type, and region.
The Electric Motor for Electric Vehicle market is growing due to government initiatives to reduce greenhouse gas emissions, increasing demand for electric vehicles, technological advancements in electric motor technology, and growing investment in the development of electric vehicle infrastructure.
North America, Europe, Asia Pacific, Latin America, and Middle East & Africa region is dominating the Electric Motor for Electric Vehicle Market compared to that of other regions.
Toyota Motor Corporation,Hitachi Automotive System,DENSO Corporatio,Aptiv PLC,Mitsubishi Electric Corp,Magna International,Robert Bosch GmbH,BMW AG,Nissan Motor Co Ltd,Tesla Inc.