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Download Free sampleThe traction motor in electric vehicle is responsible for converting the electric energy to mechanical energy which is used in propulsion of vehicle in a straight-line motion. Electric vehicle traction motor is used in electrical transmission system like electric hybrid vehicles and battery powered electric vehicles.
New Energy Vehicle Traction Motors Market contains market size and forecasts of New Energy Vehicle Traction Motors in global, including the following market information:
Global New Energy Vehicle Traction Motors Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global New Energy Vehicle Traction Motors Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five New Energy Vehicle Traction Motors companies in 2021 (%)
The global New Energy Vehicle Traction Motors market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Permanent Magnet Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of New Energy Vehicle Traction Motors include FUKUTA, BYD, Broad-Ocean, Hasco, ZF, JJ, Bosch, Mitsubishi and Hitachi, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
surveyed the New Energy Vehicle Traction Motors manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global New Energy Vehicle Traction Motors Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global New Energy Vehicle Traction Motors Market Segment Percentages, by Type, 2021 (%)
Permanent Magnet Motor
AC Induction Motor
Global New Energy Vehicle Traction Motors Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global New Energy Vehicle Traction Motors Market Segment Percentages, by Application, 2021 (%)
EV
HEV
Global New Energy Vehicle Traction Motors Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global New Energy Vehicle Traction Motors Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies New Energy Vehicle Traction Motors revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies New Energy Vehicle Traction Motors revenues share in global market, 2021 (%)
Key companies New Energy Vehicle Traction Motors sales in global market, 2017-2022 (Estimated), (K Units)
Key companies New Energy Vehicle Traction Motors sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
FUKUTA
BYD
Broad-Ocean
Hasco
ZF
JJ
Bosch
Mitsubishi
Hitachi
Greatland
UAES
JEE
Magna
FDM
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
