Market Overview:
The global EV/HEV drive motor cores market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The growth of the market can be attributed to the increasing demand for electric vehicles and hybrid electric vehicles across the globe. The global EV/HEV drive motor cores 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. On the basis of application, it is classified into EVs and HEVs. Region-wise, it covers North America, Latin America, Europe Asia Pacific (APAC) and Middle East & Africa (MEA). Among all regions studied in this research study APAC holds a dominant position in terms of revenue contribution followed by Europe owing to high adoption rate for electric vehicles as well as hybrids cars in these regions respectively .
Product Definition:
An EV/HEV drive motor core is a type of electrical motor that is used in electric and hybrid electric vehicles. These cores are important because they are responsible for converting the electrical energy into mechanical energy, which then powers the vehicle. Without these cores, the vehicles would not be able to function.
Permanent Magnet Motor Cores:
Permanent magnet motor cores are used in electric vehicles and hybrid electric vehicles. They are also used in HEV drive motors, which have a heat engine as a part of their powertrain system. The permanent magnet motor core is an electromechanical device that produces magnetic fields through the movement of iron-based rotor with electrical current flowing through it.
AC Induction Motor Cores:
AC induction motor cores are used in electric vehicles and hybrid electric vehicles drive motor core. The AC Induction Motor Core is a type of variable frequency drives that uses the concept of pulse-width modulation to vary the magnetic field strength within an induction motor.
Application Insights:
Based on application, the global EV/HEV drive motor cores market is segmented into electric vehicles (EV) and hybrid electric vehicles (HEV). The HEVs include commercial and passenger cars with heavy-duty applications such as trucks, buses, tractors etc. The EVs include passenger cars, light commercial vehicles (LCVs), heavy-duty LCVs and trucks with up to 7 seats.
The demand for EVs is growing significantly owing to their environmental benefits such as reduced carbon emissions due to the lack of combustion engine along with enhanced driving dynamics. Furthermore, increasing government funding & incentives for promoting the adoption of Electric Vehicles in various countries including U.S., China Japan France etc will further boost industry growth over the forecast period.
The demand for HEVs is expected to grow at a significant rate over the forecast period owing to stringent regulations regarding reducing vehicular pollution levels in major economies including U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of major automobile manufacturers, such as Toyota, Honda Motor Company, Nissan Motors Corporation and Hyundai Motor Company; coupled with government initiatives encouraging electric vehicles in China are some of the key factors contributing to regional growth.
The European region accounted for a significant share owing to increasing demand from countries including France, Germany and Italy. Government regulations requiring a certain percentage of new car sales be made up by 2025 are also expected to drive regional growth over the forecast period. Latin America is anticipated to witness considerable growth rate during the forecast years on account of increasing focus on developing EVs due rising petroleum prices within economies including Venezuela and Brazil among others.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising awareness about the benefits of electric and hybrid vehicles
- Government initiatives to promote the use of electric and hybrid vehicles
- Technological advancements in EV/HEV drive motor cores that improve performance and efficiency
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
EV/HEV Drive Motor Cores Market Research Report
By Type
Permanent Magnet Motor Cores, AC Induction Motor Cores
By Application
EV, HEV
By Companies
Mitsui High-tec, Yutaka Giken, Kienle Spiess, Shiri Electromechanical Technology, Tempel Steel, Toyota Boshoku, Suzhou Fine-stamping, Foshan Pulizi Core, POSCO, Kuroda Precision, Mitsui High-tec
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
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global EV/HEV Drive Motor Cores Market Report Segments:
The global EV/HEV Drive Motor Cores 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
EV, HEV
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
- Suzhou Fine-stamping
- Foshan Pulizi Core
- POSCO
- Kuroda Precision
- Mitsui High-tec
Highlights of The EV/HEV Drive Motor Cores 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:
- EV
- HEV
- 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 EV/HEV Drive Motor Cores 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
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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?
EV/HEV Drive Motor Cores are the electric motors that power electric vehicles and hybrid electric vehicles.
Some of the key players operating in the ev/hev drive motor cores market are Mitsui High-tec, Yutaka Giken, Kienle Spiess, Shiri Electromechanical Technology, Tempel Steel, Toyota Boshoku, Suzhou Fine-stamping, Foshan Pulizi Core, POSCO, Kuroda Precision, Mitsui High-tec.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores Market Size & Forecast, 2018-2028
4.5.1 EV/HEV Drive Motor Cores Market Size and Y-o-Y Growth
4.5.2 EV/HEV Drive Motor Cores Market Absolute $ Opportunity
Chapter 5 Global EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores Market Size Forecast by Applications
6.2.1 EV
6.2.2 HEV
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores Analysis and Forecast
9.1 Introduction
9.2 North America EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores Market Size Forecast by Applications
9.10.1 EV
9.10.2 HEV
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 EV/HEV Drive Motor Cores Analysis and Forecast
10.1 Introduction
10.2 Europe EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores Market Size Forecast by Applications
10.10.1 EV
10.10.2 HEV
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 EV/HEV Drive Motor Cores Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores Market Size Forecast by Applications
11.10.1 EV
11.10.2 HEV
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 EV/HEV Drive Motor Cores Analysis and Forecast
12.1 Introduction
12.2 Latin America EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores 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 EV/HEV Drive Motor Cores Market Size Forecast by Applications
12.10.1 EV
12.10.2 HEV
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) EV/HEV Drive Motor Cores Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) EV/HEV Drive Motor Cores 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) EV/HEV Drive Motor Cores 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) EV/HEV Drive Motor Cores Market Size Forecast by Applications
13.10.1 EV
13.10.2 HEV
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 EV/HEV Drive Motor Cores Market: Competitive Dashboard
14.2 Global EV/HEV Drive Motor Cores 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
14.3.7 Suzhou Fine-stamping
14.3.8 Foshan Pulizi Core
14.3.9 POSCO
14.3.10 Kuroda Precision
14.3.11 Mitsui High-tec
