The analysts forecast global electric vehicle motor market to grow at a CAGR of 20.79 % during the period 2018-2022.
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Electric motor in anEVis used to convert electrical energy into mechanical energy by the interaction of magnetic field with current to power the vehicle. The use of electric motors is on the rise owing to the growth in the market for new energy vehicles (NEVs).
These vehicles include hybrid, plug-in hybrid, pure EV, and fuel cell vehicles that use alternative renewable energy sources.
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This report covers the present scenario and the growth prospects of the global electric vehicle motor market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of electric vehicle motor.
The market is divided into the following segments based on geography:
This report, Global Electric Vehicle Motor Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.
The report also includes a discussion of the key vendors operating in this market.
Key vendors: Bosch, Continental, Delphi, DENSO & Tesla
Market driver: Increasing sales of electric vehicles
Market challenge: High cost of batteries used in EVs
Market trend: OEMs focusing on connected EVs
Key questions answered in this report
- What will the market size be in 2022 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
Report at www.reportsnreports.com/.aspx?name=1299406.
Few Points from List of Exhibits:
Exhibit 1: Parent Market
Exhibit 2: Segments of Global Automotive Components Market
Exhibit 3: Market Characteristics
Exhibit 4: Market Segments
Exhibit 5: Market Definition - Inclusions and Exclusions Checklist
Exhibit 6: Market Size 2017
Exhibit 7: Validation Techniques Employed For Market Sizing 2017
Exhibit 8: Global Market Size and Forecast 2017-2022 ($ Billions)
Exhibit 9: Global Year-Over-Year Growth 2018-2022 (%)
Exhibit 10: Five Forces Analysis 2017
Exhibit 11: Five Forces Analysis 2022
Exhibit 12: Bargaining Power of Buyers
Exhibit 13: Bargaining Power of Suppliers
Exhibit 14: Threat of New Entrants
Exhibit 15: Threat of Substitutes
Exhibit 16: Threat of Rivalry
Exhibit 17: Market Condition - Five Forces 2017
Exhibit 18: Power Rating Market Share 2017-2022 (%)
Exhibit 19: Comparison by Power Rating
Exhibit 20: Mid-Power Rating Motors Market Size and Forecast 2017-2022 ($ Billions)