DUBLIN, January 16, 2023 /PRNewswire/ — The “Global Electric Vehicle Traction Motor Market Report 2022” report has been added. ResearchAndMarkets.com suggestion.
The global electric vehicle traction motor market is expected to grow $4.13 billion In 2021 to: $6.18 billion at a compound annual growth rate (CAGR) of 49.54% in 2022. The electric vehicle traction motor market is expected to grow $27.47 billion at a compound annual growth rate (CAGR) of 45.19% in 2026.
Asia Pacific It was the largest region in the electric vehicle traction motor market in 2019. North America is expected to be the fastest growing region during the forecast period. Regions covered in Electric Vehicle Traction Motors Market report are: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and: Africa.
Increasing sales of hybrid electric vehicles is expected to drive the growth of electric vehicle traction motors market. A hybrid electric vehicle is a hybrid vehicle that combines an internal combustion engine and an electric drive system. Rapid growth in sales of hybrid electric vehicles is expected to drive the use of traction motors as they are key components of hybrid and electric vehicles.
For example, in February 2022According to the US electric car market, 59,664 hybrid cars were sold (10.2% more February 2021), with 15,763 passenger cars and 43,801 light trucks. In February, Toyota had a 63.7% share of the total sales of hybrids. The Prius (Prius and Prius C combined) sold 3.9% of hybrid vehicles. Therefore, increasing sales of hybrid electric vehicles is expected to boost the demand for electric vehicle traction motors during the forecast period.
The technological advancement is the main trend in the popularity of Electric Vehicle Traction Motor market. Many electric vehicle traction motor companies are developing new products or new technologies to strengthen their positions in the electric vehicle traction motor market.
For example, in August 2021Nidec has developed the E-Axle, an EV traction drive system that includes three components: a motor, an inverter and a reducer, and can be installed in a vehicle to do everything from generate torque from a drive shaft attached to the tires. move the car when powered by electricity; To achieve high productivity and wire winding efficiency, Nidec introduced a new cassette insertion method. Additionally, Nidec’s E-Axle has been given a new cooling mechanism.
In December 2019, Nidec Corporation, a Japanese electric motor manufacturer and distributor, has acquired Roboteq Inc. for an undisclosed amount. With this acquisition, Nidec plans to become a single vendor capable of providing complete engine management system support to customers. Roboteq Inc. is a US-based company that offers a wide range of electronic DC motors for mobile robots and electric vehicles.
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Circle
Covered markets.
1) By engine type. Permanent magnet synchronous EV traction motors (PSM); Asynchronous EV traction motors (ASM)
2) According to voltage ratings. high voltage EV traction motors; Low voltage EV traction motors
3) By type of vehicles: electric vehicles. Plug-in Hybrid Electric Vehicles; Mild hybrid vehicles; Full hybrid cars
4) upon application: railways. Electric car; Other apps
The main topics covered are:
1. Executive summary
2. Characteristics of Electric Vehicle Traction Motors Market
3. Electric Vehicle Traction Motor Market Trends and Strategies
4. Impact of COVID-19 on electric vehicle propulsion
5. Electric Vehicle Traction Motor Market Size and Growth
6. Electric Vehicle Traction Motors Market Segmentation
7. Regional and Country Analysis of Electric Vehicle Traction Motors Market
8. Asia-Pacific Electric Vehicle Traction Motors Market
9. China electric vehicle traction motor market
10. Electric Vehicle Traction Motor Market in India
11. Japan electric vehicle traction motor market
12. Australia Electric Vehicle Traction Motor Market
13. Indonesia Electric Vehicle Traction Motor Market
14. South Korea Electric Vehicle Traction Motor Market
15. Western Europe Electric Vehicle Traction Motor Market
16. UK Electric Vehicle Traction Motor Market
17. Germany electric vehicle traction motor market
18. France Electric Vehicle Traction Motors Market
19. Eastern European Electric Vehicle Traction Motor Market
20. Russian market of traction motors for electric cars
21. North America Electric Vehicle Traction Motor Market
22. USA Electric vehicle traction motor market
23. South America Electric Vehicle Traction Motor Market
24. Brazil electric vehicle traction motor market
25. Middle East Electric Vehicle Traction Motor Market
26. Africa Electric Vehicle Traction Motor Market
27. Electric Vehicle Traction Motors Market Competitive Landscape and Company Profiles
28. Major Mergers and Acquisitions in the Electric Vehicle Traction Motor Market
29. Electric Vehicle Traction Motors Market Future Outlook and Potential Analysis
30. Appendix
Mentioned companies
For more information on this report, visit https://www.researchandmarkets.com/r/l97tlm
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