Global EV Traction Motor Market Is Expected to Grow at a CAGR of 40.3% and Will 17000 Million USD in 2024; Finds New Report
Lewes, DE -- (SBWire) -- 03/21/2019 --A traction motor is an electric motor used for propulsion of a vehicle, such as an electric locomotive or electric roadway vehicle.
Scope of the Report:
In the coming years there is an increasing demand for EV Traction Motor in the regions of United States and Europe that is expected to drive the market for more advanced EV Traction Motor. Growth in government budgets in the principal countries, increasing of new energy automotive fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of EV Traction Motor will drive growth in North America and Europe markets.
Globally, the EV Traction Motor industry market is low concentrated as the manufacturing technology of EV Traction Motor is relatively matures than some high-tech equipment. And some enterprises, like BMW, Tesla, Broad-Ocean, BYD, etc. are well-known for the wonderful performance of their EV Traction Motor and related services. At the same time, China, occupied 54% sales market share in 2017, is remarkable in the global EV Traction Motor industry because of their lower cost of raw material and labor.
The worldwide market for EV Traction Motor is expected to grow at a CAGR of roughly 40.3% over the next five years, will reach 17000 million US$ in 2024, from 3130 million US$ in 2019, according to a new study.
This report focuses on the EV Traction Motor in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
BMW
Tesla
Broad-Ocean
BYD
Nissan
Continental AG
Jing-Jin Electric Technologies
ZF
Groupe Renault
Toyota
Meidensha
BOSCH
UAES
LG
Dajun Tech
SIEMENS
Greatland Electrics
Hitachi Automotive Systems
Magna
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
AC Induction Motor
Permanent Magnet Motor
Market Segment by Applications, can be divided into
BEV
PHEV
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe EV Traction Motor product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of EV Traction Motor, with price, sales, revenue and global market share of EV Traction Motor in 2017 and 2018.
Chapter 3, the EV Traction Motor competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the EV Traction Motor breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, EV Traction Motor market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe EV Traction Motor sales channel, distributors, customers, research findings and conclusion, appendix and data source.
Spanning over 139 pages "Global EV Traction Motor Market 2019 by Manufacturers, Regions, Type and Application, Forecast to 2024" report covers Market Overview, Manufacturers Profiles, Global EV Traction Motor Sales, Revenue, Market Share and Competition by Manufacturer (2017-2018), Global EV Traction Motor Market Analysis by Regions, North America EV Traction Motor by Country, Europe EV Traction Motor by Country, Asia-Pacific EV Traction Motor by Country, South America EV Traction Motor by Country, Middle East and Africa EV Traction Motor by Countries, Global EV Traction Motor Market Segment by Type, Global EV Traction Motor Market Segment by Application, EV Traction Motor Market Forecast (2019-2024), Sales Channel, Distributors, Traders and Dealers, Research Findings and Conclusion, Appendix. This report Covered Companies - BMW, Tesla, Broad-Ocean, BYD, Nissan, Continental AG, Jing-Jin Electric Technologies, ZF, Groupe Renault, Toyota, Meidensha, BOSCH.
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