Global Electric Vehicle Traction Motor Market Size By Vehicle Type, By Geographic Scope And Forecast

Publish Date: Jan 2021

Report Code: VMR4085A

Publisher: Verified Market Research

Single User License: $3750

Explore Our Services

Already a member? Login here.

Report Highlights

Electric Vehicle Traction Motor Market Size And Forecast
Electric Vehicle Traction Motor Market was valued at USD 2.63 Billion in 2019 and is projected to reach USD 40.16 Billion by 2027, growing at a CAGR of 40.7 % from 2020 to 2027.

Global Electric Vehicle Traction Motor Market Outlook

Rising investments in Electric Vehicle (EVs) adjacent to increasing demand for energy-efficient motors are some of the significant growth drivers. EV traction motor has low power consumption and high efficiency owing to which it is beholding an enhanced demand for EVs. Moreover, stringent environmental regulation and emission norms to safeguard environmental sustainability are encouraging the demand for EVs, thereby creating favorable grounds for market growth.

Verified Market Research narrows down the available data using primary sources to validate the data and use it in compiling a full-fledged market research study. The report contains a quantitative and qualitative estimation of market elements which interests the client. The Global Electric Vehicle Traction Motor Market is mainly bifurcated into sub-segments which can provide a classified data regarding latest trends in the market.

Global Electric Vehicle Traction Motor Market Competitive Landscape
The Global Electric Vehicle Traction Motor Market study report will provide a valuable insight with an emphasis on global market including some of the major players such as ABB Limited, Parker-Hannifin Corp., SKF AB., ZF TRW Automotive Holdings Corporation, Robert Bosch GMBH, Valeo SA, Zytek Group Limited., Hitachi, Ltd., Avid Technology Limited, YASA Motors Ltd., and Others.

Verified Market Research has been providing Research Reports, with up to date information, and in-depth analysis, for several years now, to individuals and companies alike that are looking for accurate Research Data. It has large database which includes the latest content from renowned authors and publications worldwide. It also provides customized Data and Reports according to the need of the client.

Become A Member

BCC Research offers a comprehensive library of reports, granting members unlimited access to data, insights, and market intelligence for informed business decisions, while actively supporting members in their evolving journeys and prioritizing high-quality, relevant topics based on continuous engagement with the research community.

Find Out More

Custom Consulting

BCC Research emphasizes the importance of organizations leveraging highly customized market insights aligned with specific strategic business objectives through direct engagement with primary sources and proprietary forecasting models for profitable decision-making in maximizing growth opportunities and minimizing risks.

Customize Now

Scorecard

The Venture Scorecard provides commercialization offices and decision makers with expert analysis, offering strategic insights crucial for aligning objectives with market realities at various stages of commercializing new products or evaluating investment opportunities, from opportunity assessment to growth planning.

Find Out More

Innovation Spotlight

Our industry experts offer strategic guidance to maximize the market potential of commercialized products, patents, and IP by providing insights into market trends, competitive dynamics, and effective positioning, using the Innovation Spotlight service for enhanced exposure to thought leaders and the wider community.

Find Out More
Global Electric Vehicle Traction Motor Market Size By Vehicle Type, By Geographic Scope And Forecast