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Global EV Traction Motor Market Will Grow at a CAGR 44.0% and Reach USD 18.7 Billion by 2023, from USD 2.09 Billion in 2017

New Global EV Traction Motor Market 2023 Report Covers market forecast and top Companies like BYD, Nissan, ZF, Continental AG, Meidensha and others.

 

Lewes, DE -- (SBWIRE) -- 10/29/2018 -- Global EV Traction Motor market will register a 44.0% CAGR in terms of revenue, reach US$ 18700 million by 2023, from US$ 2090 million in 2017.

A traction motor is an electric motor used for propulsion of a vehicle, such as an electric locomotive or electric roadway vehicle.

EV Traction Motor is used for propulsion of an electric vehicle.

The EV Traction Motor consumption volume was 682.44 K Units in 2015 and is expected to reach 902.67 K Units in 2016 and 6418.50 K Units in 2021. China`s sales volume accounted for the highest market share (~50%) in 2015, followed by the Europe and North America.

At present, the manufactures of EV Traction Motor are concentrated in Europe, North America, Japan and China. China is the largest production area in the world, which occupied about 50% in 2015. The global leading players in this market are BYD, ZF, Nissan and Continental AG.
Over the next five years, Study projects that EV Traction Motor will register a 44.0% CAGR in terms of revenue, reach US$ 18700 million by 2023, from US$ 2090 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
BYD
Nissan
ZF
Continental AG
Meidensha
Broad-Ocean
Jing-Jin Electric Technologies
BMW
FUKUTA
Dajun Tech
Hitachi Automotive Systems
Remy International
Magna
BOSCH
Deyang Electrics
Greatland Electrics

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
AC Induction Motor
Permanent Magnet Motor
Other Types

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
BEV
PHEV

Spanning over 145 pages "Forecast of Global EV Traction Motor Market 2023" report covers EV Traction Motor Market Overview, Global EV Traction Motor Sales, Revenue (Value) and Market Share by Players, Global EV Traction Motor Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players EV Traction Motor Sales, Revenue and Price, Europe Top 5 Players EV Traction Motor Sales, Revenue and Price, Asia-Pacific Top 5 Players EV Traction Motor Sales, Revenue and Price, South America Top 5 Players EV Traction Motor Sales, Revenue and Price, Middle East & Africa Top 5 Players EV Traction Motor Sales, Revenue and Price, Global EV Traction Motor Players Profiles/Analysis, Global EV Traction Motor Market Forecast (2018-2023), EV Traction Motor Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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