Press release

Exploring the Electrifying Growth : Global Electric Vehicle Motor Market Analysis From 2022 to 2031

Exploring the Electrifying Growth : Global Electric Vehicle Motor Market Analysis From 2022 to 2031

 

 
According to the report published by Allied Market Research, the global electric vehicle motor market size generated $5.5 billion in 2021, and is estimated to reach $34.4 billion by 2031, witnessing a CAGR of 20.3% from 2022 to 2031.

Based on electric vehicle type, the battery electric vehicle segment was the largest in 2021, capturing nearly half of the global electric vehicle motor market share, and would rule the roost through 2031. The same segment is estimated to witness the fastest CAGR of 21.4% during the forecast period. The report also analyzes the plugin hybrid vehicle and hybrid vehicle segments.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐑𝐞𝐩𝐨𝐫𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 : https://www.alliedmarketresearch.com/request-sample/2438

Based on application, the passenger cars segment was the largest in 2021, grabbing over four-fifths of the global electric vehicle motor market share and is estimated to dominate in terms of revenue during the forecast period. However, the commercial vehicles segment would witness the fastest CAGR of 21.6% during the forecast period.

Based on region, the market in Asia-Pacific was the largest in 2021, accounting for more than two-fifths of the global electric vehicle motor market share and would maintain its dominance during the forecast period. However, the market in Europe is likely to manifest the highest CAGR of 21.3% from 2022 to 2031. The other regions analyzed in the study include North America and LAMEA.

Based on type, the AC motor segment held the largest share of nearly three-fourths of the global electric vehicle motor market share in 2021, and would maintain its leadership in terms of revenue through 2031. Moreover, the same segment is estimated to witness the fastest CAGR of 20.8% during the forecast period. The report also analyzes the DC motor segment.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐍𝐨𝐰 : https://www.alliedmarketresearch.com/electric-vehicle-motor-market/purchase-options

𝐊𝐄𝐘 𝐅𝐈𝐍𝐃𝐈𝐍𝐆𝐒 𝐎𝐅 𝐓𝐇𝐄 𝐒𝐓𝐔𝐃𝐘 :

By type, the AC motor segment is anticipated to exhibit significant growth in the near future.

By electric vehicle type, the battery electric vehicle segment is anticipated to exhibit significant growth in the near future.

By application, the commercial vehicle segment is anticipated to exhibit significant growth in the near future.

By region, Europe is anticipated to register the highest CAGR during the forecast period.

𝐋𝐞𝐚𝐝𝐢𝐧𝐠 𝐩𝐥𝐚𝐲𝐞𝐫𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐠𝐥𝐨𝐛𝐚𝐥 𝐄𝐥𝐞𝐜𝐭𝐫𝐢𝐜 𝐯𝐞𝐡𝐢𝐜𝐥𝐞 𝐦𝐨𝐭𝐨𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 𝐚𝐧𝐚𝐥𝐲𝐳𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐢𝐧𝐜𝐥𝐮𝐝𝐞 :

Borgwarner, Inc., Buhler Motor GmbH, Continental AG, Denso Corporation, Inteva Products, LLC, Johnson Electric Holdings Limited, Mabuchi Motor Co., Ltd, Magna International, Inc., Meritor, Inc., Mitsuba Corporation, Nidec Corporation, and Robert Bosch GmbH.

𝐏𝐮𝐫𝐜𝐡𝐚𝐬𝐞 𝐄𝐧𝐪𝐮𝐢𝐫𝐲 : https://www.alliedmarketresearch.com/purchase-enquiry/2438

Contact:

David Correa
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+1-800-792-5285, +1-503-894-6022
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Fax: +1(855)550-5975
help@alliedmarketresearch.com

Web: www.alliedmarketresearch.com

About Us :

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.


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