Market Overview:
Electric car market is estimated to grow at a CAGR of XX% and is projected to reach USD XX million by 2030. The electric car market is segmented on the basis of type, application, and region. On the basis of type, the electric car market is segmented into PMSM (permanent magnet synchronous motor), asynchronous motor, and other. The PMSM segment accounted for a major share in 2017 and is expected to dominate the electric car market during the forecast period. On the basis of application, the electric car market is divided into EV (electric vehicle) and PHEV (plug-in hybrid electric vehicle). In terms of volume, EVs are expected to account for a larger share than PHEVs during the forecast period. Regionally, North America accounted for a major share in 2017; however Asia Pacific is projected to be fastest growing region during 2018-2030 owing to increase in demand from countries such as China and Japan. Some key players operating in this industry are Tesla Motors Inc., BYD Company Ltd.
Product Definition:
The drive motor is an electric motor that powers the wheels of an electric car. It is important because it provides the power to move the car.
PMSM:
Polymer Modified Silica is a type of special material that has modified surface properties for use in applications where high-temperature resistance and wear resistance are required. PMSM can be used as abrasives, coatings, and insulators. It can also be used to produce ceramics with controlled microstructure which includes low heat conductivity, high chemical stability and thermal shock resistance along with excellent electrical insulation properties.
Asynchronous Motor:
Asynchronous motor is a type of electric motor which produces torque through the rotation of the rotor without any physical link between the rotor and its stator. In other words, there is no physical connection between the power source and speed regulator in an asynchronous motor. As a result, these motors are capable of producing very high speeds but they have no way to dissipate that excess energy into low-speed vibrations as regular DC motors do.
Application Insights:
The electric vehicle segment dominated the global drive motors for electric car market, accounting for over 50.0% share of the total revenue in 2017. The segment is expected to witness significant growth owing to increasing government initiatives and regulations regarding reduction in greenhouse gas emissions from vehicles. For instance, as per the European Commission's proposal on 27 April 2016, member countries should introduce a target of at least 95 gramsCO2/km by 2019 and lower than 90 gramsCO2/km by 2020 for new passenger cars sold in order to meet EU's overall emission standards. Such initiatives are expected to increase demand for electric vehicles across various regions globally which is anticipated to fuel demand over the forecast period.
The hybrid vehicle application segment accounted for around 19.0% share of total revenue in 2017 due largelyto increased adoption of hybrid cars across developed economies such as U.S., Canada and Germany due primarilyto government incentives offered on purchase or leasing Hybrid Electric Vehicles (HEVs).
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the next seven years. The region has a large number of electric vehicle manufacturers, which have been attracting investment from major players across the globe. China is considered as one of the key countries for drive motors production owing to low labor cost and availability of cheap raw materials such as steel, aluminum, copper and plastic.
The European market accounted for more than 20% share in 2017 owing to increasing demand from Germany and other countries in Western Europe including France, Italy Belgium etc. Countries like Norway are also estimated to witness significant growth over the coming years on account of rising demand for electric vehicles there. North America held a considerable share due to high R&D investments by major companies along with government support towards development of new energy vehicles (BEV). Companies like Tesla Inc.
Growth Factors:
- Increasing demand for electric cars from the consumers owing to the benefits of electric cars such as low running costs, environment-friendly, and others.
- Government initiatives for promotion of electric vehicles which is expected to create a positive impact on the sales of electric vehicles in the coming years.
- Rising concerns over climate change and air pollution are likely to boost the demand for electric cars in near future.
- Development of charging infrastructure across major cities which would provide easy access to charging facilities for consumers driving Electric Cars .
Scope Of The Report
Report Attributes
Report Details
Report Title
Drive Motors for Electric Car Market Research Report
By Type
PMSM, Asynchronous Motor, Other
By Application
EV, PHEV
By Companies
FUKUTA, BYD, Broad-Ocean, BAIC, ZF, Bosch, Mitsubishi, Hitachi, JMEV, UAES, Magna
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
122
Number of Tables & Figures
86
Customization Available
Yes, the report can be customized as per your need.
Global Drive Motors for Electric Car Market Report Segments:
The global Drive Motors for Electric Car market is segmented on the basis of:
Types
PMSM, Asynchronous Motor, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
EV, PHEV
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- FUKUTA
- BYD
- Broad-Ocean
- BAIC
- ZF
- Bosch
- Mitsubishi
- Hitachi
- JMEV
- UAES
- Magna
Highlights of The Drive Motors for Electric Car Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- PMSM
- Asynchronous Motor
- Other
- By Application:
- EV
- PHEV
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Drive Motors for Electric Car Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Drive Motors for Electric Car is a company that manufactures electric car motors.
Some of the key players operating in the drive motors for electric car market are FUKUTA, BYD, Broad-Ocean, BAIC, ZF, Bosch, Mitsubishi, Hitachi, JMEV, UAES, Magna.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Drive Motors for Electric Car Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Drive Motors for Electric Car Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Drive Motors for Electric Car Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Drive Motors for Electric Car Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Drive Motors for Electric Car Market Size & Forecast, 2018-2028
4.5.1 Drive Motors for Electric Car Market Size and Y-o-Y Growth
4.5.2 Drive Motors for Electric Car Market Absolute $ Opportunity
Chapter 5 Global Drive Motors for Electric Car Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Drive Motors for Electric Car Market Size Forecast by Type
5.2.1 PMSM
5.2.2 Asynchronous Motor
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Drive Motors for Electric Car Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Drive Motors for Electric Car Market Size Forecast by Applications
6.2.1 EV
6.2.2 PHEV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Drive Motors for Electric Car Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Drive Motors for Electric Car Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Drive Motors for Electric Car Analysis and Forecast
9.1 Introduction
9.2 North America Drive Motors for Electric Car Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Drive Motors for Electric Car Market Size Forecast by Type
9.6.1 PMSM
9.6.2 Asynchronous Motor
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Drive Motors for Electric Car Market Size Forecast by Applications
9.10.1 EV
9.10.2 PHEV
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Drive Motors for Electric Car Analysis and Forecast
10.1 Introduction
10.2 Europe Drive Motors for Electric Car Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Drive Motors for Electric Car Market Size Forecast by Type
10.6.1 PMSM
10.6.2 Asynchronous Motor
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Drive Motors for Electric Car Market Size Forecast by Applications
10.10.1 EV
10.10.2 PHEV
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Drive Motors for Electric Car Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Drive Motors for Electric Car Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Drive Motors for Electric Car Market Size Forecast by Type
11.6.1 PMSM
11.6.2 Asynchronous Motor
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Drive Motors for Electric Car Market Size Forecast by Applications
11.10.1 EV
11.10.2 PHEV
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Drive Motors for Electric Car Analysis and Forecast
12.1 Introduction
12.2 Latin America Drive Motors for Electric Car Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Drive Motors for Electric Car Market Size Forecast by Type
12.6.1 PMSM
12.6.2 Asynchronous Motor
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Drive Motors for Electric Car Market Size Forecast by Applications
12.10.1 EV
12.10.2 PHEV
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Drive Motors for Electric Car Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Drive Motors for Electric Car Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Drive Motors for Electric Car Market Size Forecast by Type
13.6.1 PMSM
13.6.2 Asynchronous Motor
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Drive Motors for Electric Car Market Size Forecast by Applications
13.10.1 EV
13.10.2 PHEV
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Drive Motors for Electric Car Market: Competitive Dashboard
14.2 Global Drive Motors for Electric Car Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 FUKUTA
14.3.2 BYD
14.3.3 Broad-Ocean
14.3.4 BAIC
14.3.5 ZF
14.3.6 Bosch
14.3.7 Mitsubishi
14.3.8 Hitachi
14.3.9 JMEV
14.3.10 UAES
14.3.11 Magna
