Global Electric Car Motor Market Growth 2023-2029

Global Electric Car Motor Market Growth 2023-2029

Product Code:545839

Published Date: Jan 02,2023

Pages: 119

Region: Global

Category: Machinery & Equipment

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A motor is a component that converts battery energy into mechanical energy and drives the wheels of an electric vehicle to rotate. Car driving is characterized by frequent starting, acceleration, deceleration, and parking. High torque is required at low speeds or climbing, and low torque is required at high speeds. The speed range of the motor should be able to meet the requirements of the car from zero to the maximum driving speed, that is, the motor must have a high specific power and power density.

LPI (LP Information)' newest research report, the “Electric Car Motor Industry Forecast” looks at past sales and reviews total world Electric Car Motor sales in 2022, providing a comprehensive analysis by region and market sector of projected Electric Car Motor sales for 2023 through 2029. With Electric Car Motor sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Electric Car Motor industry.

This Insight Report provides a comprehensive analysis of the global Electric Car Motor landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Electric Car Motor portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Electric Car Motor market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Electric Car Motor and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Electric Car Motor.

The global Electric Car Motor market size is projected to grow from US$ 109470 million in 2022 to US$ 356240 million in 2029; it is expected to grow at a CAGR of 356240 from 2023 to 2029.

United States market for Electric Car Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Electric Car Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Electric Car Motor is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Electric Car Motor players cover Fukuta, BYD, Broad Ocean, ZF Friedrichshafen AG, Bosch, Jing-Jin Electric (JJE), Anhui JEE, Mitsubishi Motors Corporation and Hitachi, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Electric Car Motor market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Permanent Magnet Synchronous Motor
    Asynchronous Motor
    Others

Segmentation by application
    PHEV
    HEV
    BEV

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    Fukuta
    BYD
    Broad Ocean
    ZF Friedrichshafen AG
    Bosch
    Jing-Jin Electric (JJE)
    Anhui JEE
    Mitsubishi Motors Corporation
    Hitachi
    USES
    HASCO
    MAGNA
    Shenzhen Greatland Electrics Inc
    Hepu Power
    Zhejiang Founder Motor Co.,Ltd
    Zhuhai Inpower
    Denso
    Tesla Motors

Key Questions Addressed in this Report
What is the 10-year outlook for the global Electric Car Motor market?
What factors are driving Electric Car Motor market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Electric Car Motor market opportunities vary by end market size?
How does Electric Car Motor break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?