Market Overview:
The global electric vehicle traction motor core market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles across the globe. Electric vehicles are powered by traction motors, which convert electrical energy into mechanical energy and propel the vehicle. The traction motor cores are an important component of these motors and play a key role in their performance. The global electric vehicle traction motor core market is segmented on the basis of type, application and region. On the basis of type, it is divided into permanent magnet motor cores and AC induction motor cores. Permanent magnet motors are more efficient than induction motors and are therefore preferred in electric vehicles. On the basis of application, it is segmented into passenger hybrid electric vehicles (PHEVs) and battery-electric vehicles (BEVs). PHEVs accounted for a major share of the global electric vehicle traction motor core market in 2017 owing to their high adoption rate worldwide. However, BEVs are expected to witness higher growth during the forecast period as governments across various countries promote their adoption through incentives such as subsidies or tax rebates.
Product Definition:
Electric Vehicle Traction Motor Core is the heart of electric vehicle traction motor. It converts electrical energy into mechanical energy, which drives the car forward or backward. The importance of Electric Vehicle Traction Motor Core is that it determines how much power the electric vehicle can generate and how fast it can go.
Permanent Magnet Motor Cores:
Permanent Magnet Motor Cores are used in Electric Vehicle Traction Motors. The traction motor is the main power source for vehicles that run on wheels. It provides the energy to drive the vehicle by converting chemical energy obtained from fuel into mechanical energy through a series of steps.
AC Induction Motor Cores:
AC Induction Motor Cores are used in Electric Vehicle Traction Motors. The traction motor is the main power source for vehicles that run on wheels. It provides the energy to drive the vehicle by converting chemical energy obtained from fuel into mechanical energy through a series of steps.
Application Insights:
The passenger vehicle electric traction motor core market is segmented into light-duty vehicles, medium-duty vehicles and heavy-duty vehicles. The light-duty vehicle segment includes passenger cars, subcompact and compact cars. Medium duty includes mid size and full size cars, SUVs & Vans. The heavy duty consists of pick up trucks, buses and other commercial Vehicles (OHVs).
Regional Analysis:
Asia Pacific accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for electric vehicles owing to growing initiatives taken by governments across various countries, such as China, India, Japan and others. Increasing disposable income levels coupled with rising awareness regarding vehicular emissions is anticipated to fuel regional product demand in the forthcoming years.
The European market was valued at USD X million in 2017 and is projected to witness significant growth over the forecast period owing to strict regulations imposed on vehicle manufacturers pertaining to carbon dioxide emissions from these vehicles. In addition, presence of key automotive players such as BMW Group; Mercedes-Benz AG; Audi AG; Volvo Car Corp.; Jaguar Land Rover Limited; Porsche Automobili GmbH among others are likely boost regional product sales over the next eight years or so.
In North America, U.S.
Growth Factors:
- Increasing demand for electric vehicles from the automotive sector
- Stringent government regulations to promote the use of electric vehicles
- Growing demand for energy-efficient and environment-friendly technologies
- Technological advancements in electric vehicle traction motor cores that improve performance and efficiency
- Rising disposable income of consumers that enables them to invest in premium cars
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Vehicle Traction Motor Core Market Research Report
By Type
Permanent Magnet Motor Cores, AC Induction Motor Cores
By Application
PHEV, BEV
By Companies
Mitsui High-tec, Yutaka Giken, Kienle Spiess, Shiri Electromechanical Technology, Tempel Steel, Toyota Boshoku Corporation, Suzhou Fine-stamping, Foshan AOYA Mechanical, POSCO, Kuroda Precision
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
216
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Electric Vehicle Traction Motor Core Market Report Segments:
The global Electric Vehicle Traction Motor Core market is segmented on the basis of:
Types
Permanent Magnet Motor Cores, AC Induction Motor Cores
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
PHEV, BEV
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:
- Mitsui High-tec
- Yutaka Giken
- Kienle Spiess
- Shiri Electromechanical Technology
- Tempel Steel
- Toyota Boshoku Corporation
- Suzhou Fine-stamping
- Foshan AOYA Mechanical
- POSCO
- Kuroda Precision
Highlights of The Electric Vehicle Traction Motor Core 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:
- Permanent Magnet Motor Cores
- AC Induction Motor Cores
- By Application:
- PHEV
- BEV
- 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 Electric Vehicle Traction Motor Core 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
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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?
The electric vehicle traction motor core is the part of an electric vehicle that converts electrical energy into mechanical motion.
Some of the major companies in the electric vehicle traction motor core market are Mitsui High-tec, Yutaka Giken, Kienle Spiess, Shiri Electromechanical Technology, Tempel Steel, Toyota Boshoku Corporation, Suzhou Fine-stamping, Foshan AOYA Mechanical, POSCO, Kuroda Precision.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Market Size & Forecast, 2018-2028
4.5.1 Electric Vehicle Traction Motor Core Market Size and Y-o-Y Growth
4.5.2 Electric Vehicle Traction Motor Core Market Absolute $ Opportunity
Chapter 5 Global Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Market Size Forecast by Type
5.2.1 Permanent Magnet Motor Cores
5.2.2 AC Induction Motor Cores
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Market Size Forecast by Applications
6.2.1 PHEV
6.2.2 BEV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Analysis and Forecast
9.1 Introduction
9.2 North America Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Market Size Forecast by Type
9.6.1 Permanent Magnet Motor Cores
9.6.2 AC Induction Motor Cores
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 Electric Vehicle Traction Motor Core Market Size Forecast by Applications
9.10.1 PHEV
9.10.2 BEV
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 Electric Vehicle Traction Motor Core Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Market Size Forecast by Type
10.6.1 Permanent Magnet Motor Cores
10.6.2 AC Induction Motor Cores
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 Electric Vehicle Traction Motor Core Market Size Forecast by Applications
10.10.1 PHEV
10.10.2 BEV
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 Electric Vehicle Traction Motor Core Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Market Size Forecast by Type
11.6.1 Permanent Magnet Motor Cores
11.6.2 AC Induction Motor Cores
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 Electric Vehicle Traction Motor Core Market Size Forecast by Applications
11.10.1 PHEV
11.10.2 BEV
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 Electric Vehicle Traction Motor Core Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Vehicle Traction Motor Core 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 Electric Vehicle Traction Motor Core Market Size Forecast by Type
12.6.1 Permanent Magnet Motor Cores
12.6.2 AC Induction Motor Cores
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 Electric Vehicle Traction Motor Core Market Size Forecast by Applications
12.10.1 PHEV
12.10.2 BEV
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) Electric Vehicle Traction Motor Core Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Vehicle Traction Motor Core 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) Electric Vehicle Traction Motor Core Market Size Forecast by Type
13.6.1 Permanent Magnet Motor Cores
13.6.2 AC Induction Motor Cores
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) Electric Vehicle Traction Motor Core Market Size Forecast by Applications
13.10.1 PHEV
13.10.2 BEV
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 Electric Vehicle Traction Motor Core Market: Competitive Dashboard
14.2 Global Electric Vehicle Traction Motor Core Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mitsui High-tec
14.3.2 Yutaka Giken
14.3.3 Kienle Spiess
14.3.4 Shiri Electromechanical Technology
14.3.5 Tempel Steel
14.3.6 Toyota Boshoku Corporation
14.3.7 Suzhou Fine-stamping
14.3.8 Foshan AOYA Mechanical
14.3.9 POSCO
14.3.10 Kuroda Precision
