Electric Motors For Electric Vehicle Market, By Application Type (Passenger Car, Commercial Vehicles), By Motor Type (AC Motor, DC Motor), By Vehicle Type (Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), and Pure Electric Vehicle (P

Electric Motors For Electric Vehicle Market, By Application Type (Passenger Car, Commercial Vehicles), By Motor Type (AC Motor, DC Motor), By Vehicle Type (Hybrid Electric Vehicle (HEV), Plug-in Hybrid Electric Vehicle (PHEV), and Pure Electric Vehicle (PEV)), By Geography (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Electric motors are being integrated with powertrains, gearing, and controls to make EVs more efficient and affordable. Electric motors are responsible for converting energy in the battery pack into mechanical motion. They are designed to be highly efficient and powerful enough to deliver enough torque for smooth acceleration. A motor can be either DC or AC. AC motors are more powerful and have more control options than DC motors. AC motors can be used in EVs however, must be combined with an inverter to achieve the DC power output. A DC shunt or separately excited motor is another type and can have a power rating up to 50 kW.

The electric motors used in EVs must be able to meet the strict requirements of the automobile's powertrain. These specifications are often referred to as its architecture. The architecture of an EV can vary depending on the model. Primary architectures typically have one electric motor and a conventional transmission system. Dual motor configurations, on the other hand, can incorporate two electric motors and have variable gearing.

Market Dynamics:

The leading players in the electric motors for electric vehicles market are focused on developing higher efficiency electric motors to cater to the market needs of electric vehicles. Increasing demand for electric vehicles has led automakers to invest in their R&D and marketing. These factors are expected to augment growth of the global electric motors for electric vehicle market during the forecast period.

However, the market growth is likely to be hindered by factors such as high cost of EVs, restricted range of EVs, stringent regulations regarding installation of charging stations, and fluctuation in costs raw materials.

Key features of the study:

• This report provides in-depth analysis of the global electric motors for electric vehicle market, and provides market size (US$ Million) and compound annual growth rate (CAGR%) for the forecast period (2022–2028), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the global electric motors for electric vehicle market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include BYD Co. Ltd, Aisin Seiki Co. Ltd., Toshiba Corporation, Toyota Motor Corporation, Tesla Inc., Hitachi Automotive Systems Ltd, Nissan Motor Co. Ltd, DENSO Corporation, BMW AG, Honda Motor Company Ltd, Robert Bosch GmbH, Mitsubishi Electric Corp., and Magna International Inc.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The global electric motors for electric vehicle market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global electric motors for electric vehicle market

• Global Electric Motors For Electric Vehicle Market, By Application Type
• Passenger Car
• Commercial Vehicles
• Global Electric Motors For Electric Vehicle Market, By Motor Type
• AC Motor
• DC Motor
• Global Electric Motors For Electric Vehicle Market, By Vehicle Type
• Hybrid Electric Vehicle (HEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Pure Electric Vehicle (PEV)
• Global Electric Motors For Electric Vehicle Market, By Geography
• North America
• Europe
• Asia-Pacific
• Rest of the World
• Company Profiles
• Aisin Seiki Co. Ltd
• Toyota Motor Corporation
• Hitachi Automotive Systems Ltd
• DENSO Corporation
• Honda Motor Company Ltd
• Mitsubishi Electric Corp.
• Magna International Inc.
• Robert Bosch GmbH
• BMW AG
• Nissan Motor Co. Ltd
• Tesla Inc.
• Toshiba Corporation
• BYD Co. Ltd