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Electric Vehicle (EV) Traction Motor Market by Type (AC, and DC), by Power (Below 200 kW, 200-400 kW, and Above 400 kW), by Application (Railways, Electric Vehicle, and Others): Global Opportunity Analysis and Industry Forecast, 2020u20132027<br><br>
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Electric Vehicle (EV) Traction Motor Market by Type (AC, DC), by Power (Below 200 kW, 200-400 kW, Above 400 kW) and by Application (Railways, Electric Vehicle, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032
Electric Vehicle (EV) Traction Motor Market by Type The Electric Vehicles (EV) traction motor market is installed in fully-hybrid and Battery Electric Vehicles (BEVs). The BEVs and Hybrid Electric Vehicle (HEVs) are rapidly gaining traction in the global automobile market, owing to zero emissions and high fuel efficiency at increasingly reasonable prices. Attractive operating condition and remarkable features have boosted the EV traction motor demand in the market. Some of its attractive features include high power conversion, high efficiency, quiet operation, the capability to work in adverse conditions, and many others, which are expected to boost the market over the forecast period. Browse Complete Report
Electric Vehicle (EV) Traction Motor Market by Type Rise in demand for electric vehicles & machinery and government initiatives to incentivize costumers are expected to drive the growth of the market. However, rise in price of materials used for production and high investment costs are expected to restrain the growth of the market. Furthermore, increase in R&D is projected to provide lucrative opportunities for the EV traction motor market. REQUEST SAMPLE
Electric Vehicle (EV) Traction Motor Market by Type Increase in spending on the betterment of automobiles and strict governmental regulation on carbon emission are the prominent factors that fuel the market growth. Volatile fuel price is another factor that increases the demand for electric vehicles, thereby driving the market growth. In addition, increase in demand for conveyors, elevators, and other industrial machines at the manufacturing site for straightforward operation further fuels the market growth.
Electric Vehicle (EV) Traction Motor Market by Type Key Benefits •This study presents the analytical depiction of the EV traction motor market along with current trends and future estimations to determine the imminent investment pockets. •The report presents information related to key drivers, restraints, and opportunities along with a detailed analysis of the EV traction motor market share. •The current market is quantitatively analyzed to highlight the EV traction motor market growth scenario. •Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. •The report provides a detailed analysis based on competitive intensity and how the competition will take shape in the coming years. Connect Analyst
Electric Vehicle (EV) Traction Motor Market by Type Electric Vehicle (EV) Traction Motor Market by Type Key Segments : By Region •North America • • •Europe • • • • U.S. Canada UK Germany France Rest of Europe Latin America Brazil Mexico Rest of LATAM • • • • •Asia-Pacific • • • • • • China Japan India Rest of Asia-Pacific Middle East Africa
Electric Vehicle (EV) Traction Motor Market by Type Segment Overview Government initiatives play a very crucial role to influence costumers and to increase sales in the market. Rise in allocation of such incentives initiated by governments across various countries is estimated to display a positive impact on the market. Therefore, high efficiency and low power consumption are being highlighted by governments, resulting in more awareness among consumers.
Electric Vehicle (EV) Traction Motor Market by Type Key players profiled in the report include CG Power ZF TRW Automotive Holdings Corporation Parker-Hannifin Corp. Bharat Heavy Electricals Ltd. Magnetic Systems Technology Zytek Group Limited YASA Motors Ltd. Industrial Solutions Valeo SA ABB Limited SKF AB • • • • • • • • • • •
Electric Vehicle (EV) Traction Motor Market by Type Contact: David Correa 1209 Orange Street, Corporation Trust Center, Wilmington, New Castle, Delaware 19801 USA. USA/Canada (Toll Free): +1-800-792-5285 UK: +44-845-528-1300 Hong Kong: +852-301-84916 India (Pune): +91-20-66346060 Fax: +1-800-792-5285 help@alliedmarketresearch.com Web: www.alliedmarketresearch.com Allied Market Research Blog: https://blog.alliedmarketresearch.com Follow Us on | Facebook | LinkedIn | YouTube | Purchase enquiry