Report overview
In this report, the new energy vehicle primarily includes the plug-in hybrid electric vehicle (PHEV), battery electric vehicle (BEV), fuel cell vehicle and so on.
Electric Vehicle Drive Motors is a new kind motor, it is more like one kind motor that it collects the function of electric motor and generator, it can provide power from the battery and it can also recycle the power from vehicle putting on the brake, it more meets the idea of the new energy vehicles and societal need.
As we all know that the battery is the most important section of the new energy vehicle, and currently, the battery exist the problem of the storage capacity but it occupies a large part of the costs and space of the new energy vehicles, so the Electric Vehicle Drive Motors needs higher technology to improve the efficiency and decrease the volume to satisfy the new energy vehicle?s demand.
The Specifications include the material, rotating speed, current manner, power and so on, the main components are stator and rotor, these two components control the quality of the drive motor, it is the work efficiency. Because the new energy vehicle needs the battery to provide power, the power and the magnetic field may influent each other, so the Specifications needs higher.
This report aims to provide a comprehensive presentation of the global market for Drive Motors for Electric Vehicles, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Drive Motors for Electric Vehicles. This report contains market size and forecasts of Drive Motors for Electric Vehicles in global, including the following market information:
Global Drive Motors for Electric Vehicles Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Drive Motors for Electric Vehicles Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Drive Motors for Electric Vehicles companies in 2022 (%)
The global Drive Motors for Electric Vehicles market was valued at US$ 9448.8 million in 2022 and is projected to reach US$ 30260 million by 2029, at a CAGR of 18.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Electric Vehicle Drive Motors key players include FUKUTA, BYD, Broad-Ocean, BAIC, etc. Global top four manufacturers hold a share over 40%.
China is the largest market, with a share over 45%, followed by United States and Europe, both have a share over 50 percent.
In terms of product, PMSM is the largest segment, with a share over 75%. And in terms of application, the largest application is EV, followed by PHEV.
We surveyed the Drive Motors for Electric Vehicles manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Drive Motors for Electric Vehicles Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Drive Motors for Electric Vehicles Market Segment Percentages, by Type, 2022 (%)
PMSM
Asynchronous Motor
Other
Global Drive Motors for Electric Vehicles Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Drive Motors for Electric Vehicles Market Segment Percentages, by Application, 2022 (%)
BEV
PHEV
Global Drive Motors for Electric Vehicles Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Drive Motors for Electric Vehicles Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Drive Motors for Electric Vehicles revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Drive Motors for Electric Vehicles revenues share in global market, 2022 (%)
Key companies Drive Motors for Electric Vehicles sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Drive Motors for Electric Vehicles sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
FUKUTA
BYD
BAIC
ZF
Yutong
Bosch
Mitsubishi
Shanghai automobile electric drive
Hitachi
JJE
JMEV
Magna
UAES
JEE
Shuanglin Deyang
FDM
Outline of Major Chapters:
Chapter 1: Introduces the definition of Drive Motors for Electric Vehicles, market overview.
Chapter 2: Global Drive Motors for Electric Vehicles market size in revenue and volume.
Chapter 3: Detailed analysis of Drive Motors for Electric Vehicles manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Drive Motors for Electric Vehicles in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Drive Motors for Electric Vehicles capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.