Global Electric Vehicle (EV) Motor Market 2021-2025

Global Electric Vehicle Motor Market 2021-2025
Researcher has been monitoring the electric vehicle motor market and it is poised to grow by $ 6.31 bn during 2021-2025, progressing at a CAGR of 21.69% during the forecast period. Our report on the electric vehicle motor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by increasing sales of EVs, declining prices of lithium-ion batteries, and increasing average miles driven by EVs on a single charge. In addition, increasing sales of EVs is anticipated to boost the growth of the market as well.
The electric vehicle motor market analysis includes the power rating segment and geographic landscape.
Researcher's electric vehicle motor market is segmented as below:
By Power Rating
• MPR
• HPR
• LPR
By Geographical Landscape
• APAC
• Europe
• North America
• South America
• MEA
This study identifies OEMs focusing on connected EVs as one of the prime reasons driving the electric vehicle motor market growth during the next few years. Also, the growing trend of multi-speed transmission in EVs and automakers involved in the production of in-house electric motors will lead to sizable demand in the market.
Researcher 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. Our report on electric vehicle motor market covers the following areas:
• Electric vehicle motor market sizing
• Electric vehicle motor market forecast
• Electric vehicle motor market industry analysis
Researcher's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading electric vehicle motor market vendors that include Allied Motion Technologies Inc., Continental AG, DENSO Corp., Ford Motor Co., Hitachi Ltd., Nissan Motor Co. Ltd., Robert Bosch GmbH, Siemens AG, Toshiba Corp., and Valeo SA. Also, the electric vehicle motor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
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.
Researcher 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. Researcher's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Frequently Asked Questions

This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
  • By product type
  • By End User/Applications
  • By Technology
  • By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
Details
TNV-19820775

24-Dec-2021

120
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