Electric Vehicle Motor Market
Electric Vehicle Motor Market - Global Industry Assessment & Forecast
Segments Covered
- By Type AC Motors, DC Motors
- By Vehicle Type Pure Electric Vehicle, Hybrid Electric Vehicle, Plug-in Hybrid Electric Vehicle, Fuel Cell Electric Vehicle (FCEV)
- By Motor Type Induction Motor, Synchronous Motor, Switched Reluctance Motor
- By Power Rating Up to 60 KW, 60 to 90 KW, Above 90 KW
- By Application Electric Two-Wheeler, Electric Three-Wheeler, Electric Commercial Vehicles, Electric Passenger Cars
- By Powertrain Type Single Motor, Dual Motor, Triple Motor, Four Motor
- By Marketplace OEM, Aftermarket
- By End User Agribusiness, Transportation, Private, Business
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 6.04 Billion |
Revenue 2030: | USD 27.19 Billion |
Revenue CAGR (2023 - 2030): | 20.70% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Sr. No. | Offering | Report Coverage |
1. | Market Size | In terms of Revenue (USD Million) |
2. | Historic Data | 2017 to 2021 |
3. | Forecast Data | 2023 to 2030 |
4. | Market Drivers, Restraints, Opportunities, & Regional Market Trends | Yes |
5. | Market Attractiveness Analysis | Yes |
6. | Segment Analysis | Maximum Segments |
7. | Regional Coverage | 5 Regions |
8. | Country Coverage | Top 22 Countries |
9. | Competitive Landscape and Company Market Share Analysis | Yes. Exhaustive information will be provided in two separate chapters of Competitive Landscape and Company Profiles. |
10. | Porter’s Five Forces Analysis | Yes. |
11. | Value Chain Analysis | Yes |
12. | PEST Analysis | Yes |
13. | Regulatory Landscape | Yes |
14. | Technology Landscape | Yes |
15. | COVID-19 Impact Analysis | Yes. Exhaustive information for Key Strategies Undertaken by Companies, Impact Assessment of the COVID-19 Pandemic by Region, along with Short-term and Long-term dynamics. |
16. | Top startups to watch out for | Yes |
17. | Top 3 Trends to Watch | Yes |
18. | Top 3 Strategies Followed by Major Players | Yes |
19. | Top 3 Predictions by Vantage Market Research | Yes |
20. | Discussion Guide | Yes |
21. | Key Primary Respondents - VERBATIM | Yes |
22. | Transcripts from the Primary Respondents | Additional Cost USD 1,000 |
23. | Others/Miscellaneous |
FAQ
Frequently Asked Question
What is the global demand for Electric Vehicle Motor in terms of revenue?
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The global Electric Vehicle Motor valued at USD 6.04 Billion in 2022 and is expected to reach USD 27.19 Billion in 2030 growing at a CAGR of 20.70%.
Which are the prominent players in the market?
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The prominent players in the market are Yasakawa Electric, GKN Driveline, Toshiba, Continental, Denso, Baldor Electric, Hitachi Automotive Systems.
At what CAGR is the market projected to grow within the forecast period?
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The market is project to grow at a CAGR of 20.70% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
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The driving factors of the Electric Vehicle Motor include
- Increased demand for HVAC systems among residential, commercial, and industrial end users
Which region accounted for the largest share in the market?
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Asia Pacific was the leading regional segment of the Electric Vehicle Motor in 2022.