EV Traction Motor Market

  • Forecast Period: 2022 to 2028
  • Published On: Jun 2022
  • Pages: 147
  • By:  Vantage Market Research
  • Type: PDF, Excel, PowerPoint
  • Customizable: Yes

The Global EV Traction Motor Market was valued at USD 6,127.4 Million in the year 2021 and is projected to reach a value of USD 23486.5 Million by the year 2028. The Global Market is anticipated to grow to exhibit a Compound Annual Growth Rate (CAGR) of 25.1% over the forecast period. 

The public's growing preference for emission-free vehicles has boosted sales of Hybrid Electric Vehicles (HEVs), which in turn has increased the EV Traction Motor industry. Similarly, strict environmental regulations and emission requirements to ensure ecological sustainability throughout the foreseeable period would drive demand for electric traction motors. In addition, the expansion of the EV Traction Motor market is fueled by increased demand for Energy-Efficient Motors and rising investments in the railway sector.

The growing focus on electric vehicles will create opportunities for the EV Traction Motor market in the following years. However, the expansion of the electric vehicle traction motor market is expected to be fueled by an increase in the use of electric automobiles. Major automobile companies' increased investment in electric vehicles worldwide is expected to drive market growth. Furthermore, the electric vehicle traction motor industry is expected to develop due to strict government regulation and growing fossil fuel prices.

Market Segmentation

The EV Traction Motor Market is segmented based on Motor Type, Voltage Ratings, Vehicle Type, and Region. Based on the Motor Type segment, the market is sub-segmented as Permanent Magnet Synchronous EV Traction Motors (PSM), and Asynchronous EV Traction Motors (ASM). Furthermore, based on the segment Voltage Ratings, the market is sub-segmented into High Voltage EV Traction Motors, and Low Voltage EV Traction Motors. Based on the segment Vehicle Type, the market is sub-segmented into Traction Motors for Electric Vehicles, Traction Motors Plug-in Hybrid Electric Vehicles, Traction Motors Mild Hybrid Vehicles, and Traction Motors Full Hybrid Vehicles.

Based on Vehicle Type

Electric vehicles use traction motors to transform electrical energy into mechanical energy, allowing them to overcome rolling, aerodynamic, and kinetic resistance. Researchers and some engineers consider traction motors to be similar to industrial motors. On the other hand, Traction Motors are designed for low-speed hill-climbing, fast engine power, frequent beginning, high-torque lower and mid cruising, and total speed versatility. In contrast, commercial motors are designed for rated circumstances. As a result, traction motors are so unique that they should be categorized in their category. As a result, the specifications for traction motors differ significantly from those for industrial engines.

Based on Vehicle

On the basis of the Vehicle, the traction motors are utilized in hybrid and battery electric vehicles (BEVs). BEVs and HEVs are gaining popularity worldwide because they provide near-zero emissions and outstanding fuel efficiency at increasingly low prices. In the Research and Development (R&D) phase, many automakers worldwide are working on new HEV and EV designs. These traction motors are often used in BEVs, Battery Electric Vehicles, and HEVs because of advantages such as enhanced fuel efficiency and zero emissions, Hybrid Electric Vehicles.

Asia Pacific is projected to Grow at the Fastest CAGR during the Forecast Period

In 2021, the Asia Pacific area overtook North America as the market leader for Electric Vehicle (EV) Traction Motors. Rising investments in Electric Vehicles and the expansion of the region's metro rail network will result in increasing demand for electric cars throughout the projection period throughout the region. In addition, the Asia Pacific is also anticipated to have the fastest expanding market for electric traction motors due to the region's growing desire to minimize carbon emissions.

Competitive Landscape

The key players in the Global EV Traction Motor Market include- Zytek Group Limited, ZF TRW Automotive Holdings Corporation, YASA Motors Ltd., Valeo SA, SKF AB, Parker-Hannifin Corp., Magnetic System Technology, Bharat Heavy Electricals Ltd., ABB Limited, and others.

Segmentation of the Global EV Traction Motor Market

  • Motor Type

                   Permanent Magnet Synchronous EV Traction Motors (PSM)

                   Asynchronous EV Traction Motors (ASM)

  • Voltage Ratings

                   High Voltage EV Traction Motors

                   Low Voltage EV Traction Motors

  • Vehicle Type

                   Traction Motors for Electric Vehicles

                   Traction Motors Plug-in Hybrid Electric Vehicles

                   Traction Motors Mild Hybrid Vehicles

                   Traction Motors Full Hybrid Vehicles

  • Region

                   North America

                   Europe

                   Asia Pacific

                   Latin America

                   Middle East & Africa

  1. 1. Executive Dashboard
    1. 1.1 Strategic Imperatives
  2. 2.Premium Insights
    1. 2.1 Top 3 Trends to Watch
    2. 2.2 Demand and Supply Trends
    3. 2.3 Top 3 Strategies Followed by Major Players
    4. 2.4 Top 3 Predictions by Vantage Market Research
    5. 2.5 Top Investment Pockets
    6. 2.6 Insights from Primary Respondents
  3.  3. Global EV Traction Motor Market - Segment Analysis
    1. 3.1 Overview
    2. 3.2 Global EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. 3.3 Global EV Traction Motor Market - by Motor Type
      1. 3.3.1 By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. 3.3.2By Asynchronous EV Traction Motors (ASM)
    4. 3.4 Global EV Traction Motor Market - by Voltage Ratings
      1. 3.4.1 By High Voltage EV Traction Motors
      2. 3.4.2 By Low Voltage EV Traction Motors
    5. 3.5 Global EV Traction Motor Market - by Vehicle Type
      1. 3.5.1 By Traction Motors for Electric Vehicles
      2. 3.5.2 By Traction Motors Plug-in Hybrid Electric Vehicles
      3. 3.5.3 By Traction Motors Mild Hybrid Vehicles
      4. 3.5.4 By Traction Motors Full Hybrid Vehicles
    6. 3.6 Global EV Traction Motor Market - by region
      1. 3.6.1 North America
      2. 3.6.2 Europe
      3. 3.6.3 Asia Pacific
      4. 3.6.4 Latin America
      5. 3.6.5 Middle East & Africa
    7. 3.7 Market comparative analysis
  4.  4. North America EV Traction Motor Market - Segment Analysis
    1. 4.1 Overview
    2. 4.2 North America EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. 4.3 North America EV Traction Motor Market, by Motor Type
      1. 4.3.1 By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. 4.3.2 By Asynchronous EV Traction Motors (ASM)
    4. 4.4 North America EV Traction Motor Market, by Voltage Ratings
      1. 4.4.1 By High Voltage EV Traction Motors
      2. 4.4.2 By Low Voltage EV Traction Motors
    5. 4.5 North America EV Traction Motor Market, by Vehicle Type
      1. 4.5.1 By Traction Motors for Electric Vehicles
      2. 4.5.2 By Traction Motors Plug-in Hybrid Electric Vehicles
      3. 4.5.3 By Traction Motors Mild Hybrid Vehicles
      4. 4.5.4 By Traction Motors Full Hybrid Vehicles
    6. 4.6 North America EV Traction Motor Market, by Country
      1. U.S.
        • U.S. EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • U.S. EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • U.S. EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      2. Canada
        • Canada EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Canada EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Canada EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      3. Mexico
        • Mexico EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Mexico EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Mexico EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
  5.  Europe EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Europe EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Europe EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Europe EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Europe EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Europe EV Traction Motor Market, by Country
      1. Germany
        • Germany EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Germany EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Germany EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      2. UK
        • UK Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • UK Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • UK Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      3. France
        • France EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • France EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • France EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      4. Spain
        • Spain EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Spain EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Spain EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      5. Italy
        • Italy EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Italy EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Italy EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      6. BENELUX
        • BENELUX EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • BENELUX EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • BENELUX EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      7. Rest of Europe
        • Rest Of Europe EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Rest Of Europe EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Rest Of Europe EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
  6.  Asia Pacific EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Asia Pacific EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Asia Pacific EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Asia Pacific EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Asia Pacific EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Asia Pacific EV Traction Motor Market, by Country
      1. China
        • China EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • China EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • China EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      2. Japan
        • Japan EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Japan EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Japan EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      3. India
        • India EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • India EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • India EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      4. South Korea
        • South Korea EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • South Korea EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • South Korea EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      5. South East Asia
        • South East Asia EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • South East Asia EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • South East Asia EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      6. Rest of Asia Pacific
        • Rest of Asia Pacific EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Rest of Asia Pacific EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Rest of Asia Pacific EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
  7.  Latin America EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Latin America EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Latin America EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Latin America EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Latin America EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Latin America EV Traction Motor Market, by Country
      1. Brazil
        • Brazil EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Brazil EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Brazil EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      2. Argentina
        • Argentina EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Argentina EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Argentina EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      3. Rest of Latin America
        • Rest of Latin America EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Rest of Latin America EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Rest of Latin America EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
  8.  Middle East & Africa EV Traction Motor Market - Segment Analysis
    1. Overview
    2. Middle East & Africa EV Traction Motor Market, 2016 - 2028 (USD Million)
    3. Middle East & Africa EV Traction Motor Market, by Motor Type
      1. By Permanent Magnet Synchronous EV Traction Motors (PSM)
      2. By Asynchronous EV Traction Motors (ASM)
    4. Middle East & Africa EV Traction Motor Market, by Voltage Ratings
      1. By High Voltage EV Traction Motors
      2. By Low Voltage EV Traction Motors
    5. Middle East & Africa EV Traction Motor Market, by Vehicle Type
      1. By Traction Motors for Electric Vehicles
      2. By Traction Motors Plug-in Hybrid Electric Vehicles
      3. By Traction Motors Mild Hybrid Vehicles
      4. By Traction Motors Full Hybrid Vehicles
    6. Middle East & Africa EV Traction Motor Market, by Country
      1. GCC Countries
        • GCC Countries EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • GCC Countries EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • GCC Countries EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      2. South Africa
        • South Africa EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • South Africa EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • South Africa EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
      3. Rest of Middle East & Africa
        • Rest of Middle East & Africa EV Traction Motor Market, By Motor Type
          • By Permanent Magnet Synchronous EV Traction Motors (PSM)
          • By Asynchronous EV Traction Motors (ASM)
        • Rest of Middle East & Africa EV Traction Motor Market, By Voltage Ratings
          • By High Voltage EV Traction Motors
          • By Low Voltage EV Traction Motors
        • Rest of Middle East & Africa EV Traction Motor Market, By Vehicle Type
          • By Traction Motors for Electric Vehicles
          • By Traction Motors Plug-in Hybrid Electric Vehicles
          • By Traction Motors Mild Hybrid Vehicles
          • By Traction Motors Full Hybrid Vehicles
  9.  Key Market Dynamics
    1. Introduction
    2. Market Drivers
    3. Market Restraints
    4. Market Opportunities
    5. Porter's Five Forces Analysis
    6. PEST Analysis
    7. Regulatory Landscape
    8. Technology Landscape
    9. Regional Market Trends
  10.  COVID 19 Impact Analysis
    1. Key strategies undertaken by companies to tackle COVID-19
    2. Short term dynamics
    3. Long term dynamics
  11.  Marketing Stratagy Analysis
    1. Marketing Channel
    2. Direct Marketing
    3. Indirect Marketing
    4. Marketing Channel Development Trends
  12.  Competative Landscape
    1. Competition Matrix - 2021
    2. Company Market Share Analysis - 2021
    3. Key Company Activities, 2018 - 2021
    4. Strategic Developments - Heat Map Analysis
    5. Company Offering Evaluation
    6. Company Regional Presence Evaluation
  13.  Company Profiles
    1. Zytek Group Limited
    2. ZF TRW Automotive Holdings Corporation
    3. YASA Motors Ltd.
    4. Valeo SA
    5. SKF AB
    6. Parker-Hannifin Corp.
    7. Magnetic System Technology
    8. Bharat Heavy Electricals Ltd.
    9. ABB Limited
  14. Key Primary Respondents - VERBATIM
  15. Discussion Guide
  16. Customization Offered
  17. Annexure
  18. List of Figures
  19. List of Tables
  20. List of Abbreviations

Primary Research

The information gained/procured from the secondary data sources is validated through extensive primary interviews with industry experts across the EV Traction Motor supply chain. The primary research is also conducted to identify key players in the market and to gather and validate already procured information pertaining to their market-specific financial information. Moreover, primary research is used to gain/validate information about:

  • EV Traction Motor market size at regional and country level
  • Understanding market developments, future growth prospects, and upcoming challenges
  • Overview of the EV Traction Motor supply chain and overall ecosystem

Secondary Research

Data Triangulation and Market Size Estimations

The information procured from the secondary and primary resources is undergone through data triangulation methods to attain more accurate results on quantitative and qualitative analysis for specific market research studies. This helps to study any minutest details of the market along with building a clearer market-specific view for revenue estimations, industry trends, within each end-use industry, and estimate future trends within the market. After arriving at the global market numbers, top-down and bottom-up approaches are used to estimate, validate and finalize the market size of the EV Traction Motor market.