DUBLIN—Research and Markets has announced the addition of the "Global Electric Vehicle Motor Market 2017-2021" report to their offering.
The report forecasts the global electric vehicle motor market to grow at a CAGR of 22.67% during the period 2017-2021.
The report covers the present scenario and the growth prospects of the global electric vehicle motor market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the four prominent vendors operating in the market.
According to the report, one driver in the market is decline in cost of electric motor owing to advances in technology. The additional components that comprise an EV compared with conventional gasoline- or diesel-powered vehicles are a battery, electric controller, motor, and power inverter. The supplier level cost of these components, except controllers, will decline during the forecast period.
This is attributable to the increased sales of HEVs and full EVs globally, which increases the mass production of electric components. The price of controllers is increasing due to the addition of complex electronic units in the vehicle, which must be controlled by higher-level controllers. Therefore, the supplier will be able to purchase raw materials for lower prices in bulk, thereby reducing the selling price to OEMs.
- Hitachi Automotive Systems
- Tesla Motors
- Toyota Industries
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by types of motor
Part 07: Market segmentation by EV motor power rating
Part 08: Geographical segmentation
Part 09: Market drivers
Part 10: Market challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/s4dzff/global_electric
Research and Markets
Laura Wood, Senior Manager
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Related Topics: Electric and Hybrid Vehicles