Global Electric Vehicle Motor (EVM) Controller Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Electric Vehicle Motor (EVM) Controller Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Electric Vehicle Motor (EVM) Controller market size was valued at USD 9388.7 million in 2023 and is forecast to a readjusted size of USD 30060 million by 2030 with a CAGR of 18.1% during review period.

The motor controller is mainly composed of heat dissipation module, power semiconductor module, control module, drive module and thin film capacitor, among which the control module includes control chip and power circuit board. The power semiconductor module mainly uses IGBT1 module. As an important signal and energy transmission component in new energy vehicles, the motor controller, on the one hand, receives information from the vehicle controller and control mechanism (brake pedal, accelerator pedal, gear shifting mechanism) to control the work of the motor, and on the other hand, converts the electric energy in the battery into the electric energy that drives the motor.The voltage and current of the driving motor are controlled by the motor controller integrated circuit, and the motor controller can make it work in accordance with the set direction, speed, Angle and response time, so as to control the starting and stopping state, advance and retreat speed, climbing strength and other driving states of the new energy vehicle.

Global EV sales continued strong. A total of 10,5 million new BEVs and PHEVs were delivered during 2022, an increase of +55 % compared to 2021. China and Europe emerged as the main drivers of strong growth in global EV sales. In 2022, the production and sales of new energy vehicles in China reach 7.0 million and 6.8 million respectively, a year-on-year increase of 96.9% and 93.4%, with a market share of 25.6%. The production and sales of new energy vehicles have ranked first in the world for eight consecutive years. Among them, the sales volume of pure electric vehicles was 5.365 million, a year-on-year increase of 81.6%. In 2022, sales of pure electric vehicles in Europe will increase by 29% year-on-year to 1.58 million.

The Global Info Research report includes an overview of the development of the Electric Vehicle Motor (EVM) Controller industry chain, the market status of Passenger Vechicle (PM Synchronous Motor Controller, Asynchronous Motor Controller), Commercial Vechicle (PM Synchronous Motor Controller, Asynchronous Motor Controller), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electric Vehicle Motor (EVM) Controller.

Regionally, the report analyzes the Electric Vehicle Motor (EVM) Controller markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electric Vehicle Motor (EVM) Controller market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Electric Vehicle Motor (EVM) Controller market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electric Vehicle Motor (EVM) Controller industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., PM Synchronous Motor Controller, Asynchronous Motor Controller).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electric Vehicle Motor (EVM) Controller market.

Regional Analysis: The report involves examining the Electric Vehicle Motor (EVM) Controller market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electric Vehicle Motor (EVM) Controller market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Electric Vehicle Motor (EVM) Controller:

Company Analysis: Report covers individual Electric Vehicle Motor (EVM) Controller manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electric Vehicle Motor (EVM) Controller This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Vechicle, Commercial Vechicle).

Technology Analysis: Report covers specific technologies relevant to Electric Vehicle Motor (EVM) Controller. It assesses the current state, advancements, and potential future developments in Electric Vehicle Motor (EVM) Controller areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electric Vehicle Motor (EVM) Controller market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Electric Vehicle Motor (EVM) Controller market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
PM Synchronous Motor Controller
Asynchronous Motor Controller
Others

Market segment by Application
Passenger Vechicle
Commercial Vechicle

Major players covered
Tesla
BYD
Zhongshan Broad-Ocean Motor
Suzhou Inovance Automotive
Bosch
Shenzhen Megmeet Drive Technology
Denso
JEE
Changan
Shanghai Dajun Technologies
UAES
Shenzhen V&T Technologies
Shenzhen Greatland Electrics
Hitachi
Tianjin Santroll Electric Automobile Technology

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electric Vehicle Motor (EVM) Controller product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Electric Vehicle Motor (EVM) Controller, with price, sales, revenue and global market share of Electric Vehicle Motor (EVM) Controller from 2019 to 2024.

Chapter 3, the Electric Vehicle Motor (EVM) Controller competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Electric Vehicle Motor (EVM) Controller breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electric Vehicle Motor (EVM) Controller market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Electric Vehicle Motor (EVM) Controller.

Chapter 14 and 15, to describe Electric Vehicle Motor (EVM) Controller sales channel, distributors, customers, research findings and conclusion.