Electric Vehicle Traction Motor Market growth is forecasted at a CAGR of 29.14% during 2023-2029. A detailed description of the factors and market trends pertaining to different regions is given in detail in the report.

Electric Vehicle Traction Motor Market Overview:

The research “Electric Vehicle Traction Motor Market” seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Electric Vehicle Traction Motor Market by Product Type, Application, Key Manufacturers, and Several Key Regions.

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Market Scope:

The research focuses on the Electric Vehicle Traction Motor market’s growth prospects, constraints, and market analyses. The research employs Porter’s five forces analysis of the Electric Vehicle Traction Motor industry to assess the impact of several variables on Electric Vehicle Traction Motor market trends, including supplier bargaining power etc

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 Segmentation:

Electric Vehicle Traction Motor Market by Type

• AC Induction Motor
• Permanent Magnet Synchronous Motor (PMSM)
• Brushless DC Motor (BLDC)

Electric Vehicle Traction Motor Market by Power Output

• <250 kW
• 251-500 kW
• >500 kW

Electric Vehicle Traction Motor Market by Vehicle Type

• Battery Electric Vehicles (BEV)
• Hybrid Electric Vehicles (HEV)
• Plug-In Hybrid Electric Vehicles (PHEV).

Electric Vehicle Traction Motor Market by Voltage Rating

• High voltage EV Traction motor
• Low voltage EV Traction Motor.

Electric Vehicle Traction Motor Market by Sales Channel

• OEM (Original Equipment Manufacturer)
• Aftermarket

Electric Vehicle Traction Motor Market by End-Use Industry

• Automotive
• Industrial
• Aerospace
• Others

Electric Vehicle Traction Motor Market by Application

• Traction motors
• Starter motors
• Generators

Electric Vehicle Traction Motor Market by Cooling Type

• Air-cooled
• Liquid-cooled motors

Electric Vehicle Traction Motor Market by Materials

• Copper
• Aluminum
• Others

Electric Vehicle Traction Motor Market Key Player:

• ABB Ltd. (Switzerland)
• Advanced Motors & Drives (US)
• BOSCH (Germany)
• BorgWarner Inc. (US)
• Continental AG (Germany)
• DENSO Corporation (Japan)
• Emerson Electric Co. (US)
• GKN Automotive Limited (UK)
• Hitachi Automotive Systems, Ltd. (Japan)
• Hyundai Mobis Co., Ltd. (South Korea)
• Jing-Jin Electric Technologies (China)
• Magna International Inc. (Canada)
• Mahindra Electric Mobility Limited (India)
• Mitsubishi Electric Corporation (Japan)
• Nidec Corporation (Japan)
• Parker-Hannifin Corporation (US)
• Regal Beloit Corporation (US)
• Robert Bosch GmbH (Germany)
• Siemens AG (Germany)
• Toshiba Corporation (Japan)
• TTM Technologies, Inc. (US)
• Valeo SA (France)
• WEG S.A. (Brazil)
• YASA Limited (UK)
• ZF Friedrichshafen AG (Germany)
• Hino Motors, Ltd. (Japan)
• TM4 Inc. (Canada)

Regional Analysis:

The report has assessed the global Electric Vehicle Traction Motor market in the following regions:

• America, North (the United States, Canada)
• European Union (Germany, France, United Kingdom, Russia)
• Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
• Latin America (Brazil, Argentina, Colombia)
• Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)

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COVID-19 Impact Analysis on Electric Vehicle Traction Motor Market:

The global repercussions of the coronavirus disease 2019 (COVID-19) are already being seen, and they will have a significant impact on the Electric Vehicle Traction Motor market in 2021. The COVID-19 outbreak has had a wide-ranging impact, including flight cancellations, travel bans and quarantines, restaurant closures, and restrictions on all indoor/outdoor events; the declaration of a state of emergency in over thirty countries; a massive slowdown in the supply chain; the stock market; falling businesses, growing panic among the people, and uncertainty about the future.

Key Questions answered in the Electric Vehicle Traction Motor Market Report are:

• Which key trends are likely to emerge in the Electric Vehicle Traction Motor market in the forecast period?
• What will be the Electric Vehicle Traction Motor market size by 2027?
• Which company had the biggest share in the Electric Vehicle Traction Motor market in 2020?

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