Global EV Traction Motor Market Research by Production, Capacity Utilization Rate, Ex-Factory Price, Revenue and Gross Margin Analysis Reviewed till 2026

Rockville, US, 2018-May-17 — /EPR Network/ — Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting the market growth of global EV traction motor market. The study is titled as EV Traction Motor Market Research Forecast, Trend Analysis & Competition Tracking – Global Review 2017 to 2026, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2026. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global EV traction motor market.

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As per the report compiled by Fact.MR, the global EV traction market is likely to witness robust growth, registering 13.5% CAGR during the forecast period 2017-2026. The market is also estimated to bring in US$ 14,924.0 million revenue by the end of 2026. Manufacturers are focusing on investing in the research and development of the advanced EV traction motor based on specific needs. Moreover, increasing adoption of the electric vehicles is also driving the growth of the global EV traction motor market. Below are the few insights on how the global EV traction motor market will perform in the coming years.

5 Key Insights on Global EV Traction Motor Market

1- North America is expected to remain dominant in the global EV traction market during the forecast period 2017-2026. Owing to the initiatives by the government such as providing incentives and subsidies on purchasing an electric vehicle is one of the factors driving the market growth in North America. Moreover, the U.S. Department of Energy is also encouraging and guiding manufacturers to produce traction motors to enhance the power, and reduce the cost of electric vehicles.

2- Europe and Asia Pacific Excluding Japan (APEJ) are also expected to witness impressive growth. Netherlands is one of the major countries producing and using electric vehicles. Moreover, countries such as Germany, U.K., and France are also moving towards using electric vehicles. Government and local bodies in India and China are also making efforts to boost the use of electric vehicles.

3- Induction/Asynchronous Motors (IM) is expected to be the highly preferred motor in the global EV traction motor market. By the end of 2026, Induction/Asynchronous Motors (IM) is projected to reach nearly US$ 8,200 million revenue.

The report also offers a detailed profile of some of the leading players in the global market for EV traction motor such as ABB Limited, Bharat Heavy Electricals Ltd., Magnetic Systems Technology, Parker-Hannifin Corp., SKF AB, Valeo SA, YASA Motors Ltd., ZF TRW Automotive Holdings Corporation, and Zytek Group Limited.

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Table of Contents

  1. Global EV Traction Motor Market – Executive Summary
  2. Global EV Traction Motor Market Overview
    2.1. Introduction
    2.1.1. Global EV Traction Motor Market Taxonomy
    2.1.2. Global EV Traction Motor Market Definition
    2.2. Global EV Traction Motor Market Size (US$ Mn) and Forecast, 2012-2026
    2.2.1. Global EV Traction Motor Market Y-o-Y Growth
    2.3. Global EV Traction Motor Market Dynamics
    2.4. Supply Chain
    2.5. Product Life Cycle
    2.6. PESTLE Analysis
    2.7. Cost Structure
    2.8. Porter’s Five
    2.9. Electric Vehicle Index (EVI)
    2.10. Leading EV Producing Countries and Subsidies Offered by the Government (US$)
    2.11. Benefits of Selling to Different Manufacturers
    2.12. Key Participants Market Presence (Intensity Map) By Region
  3. Global EV Traction Motor Market Analysis and Forecast 2012-2026 
    3.1. Global EV Traction Motor Market Size and Forecast By Motor Type, 2012-2026
    3.1.1. Permanent Magnet Synchronous Motors (PMSM) Market Size and Forecast, 2012-2026 Revenue (US$ Mn) Comparison, By Region Market Share Comparison, By Region


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