Electric Vehicle (EV) Motor Market by Power Rating, Type, and Geography - Forecast and Analysis 2023-2027

Published: Jan 2023 Pages: 176 SKU: IRTNTR41558

The electric vehicle (EV) motor market is estimated to grow at a CAGR of 20.87% between 2022 and 2027. The size of the market is forecast to increase by USD 14,492.96 million. The growth of the market depends on several factors, including increasing sales of EVs, declining prices of lithium-ion batteries, and increasing average miles driven by EVs on a single charge.

This report extensively covers market segmentation by power rating (MPR, HPR, and IPR), type (AC motor and DC motor), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Electric Vehicle Motor Market During the Forecast Period?

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Electric Vehicle Motor Market: Key Drivers, Trends, Challenges, and Customer Landscape

The increasing average miles driven by EVs on a single charge are notably driving the market growth, although factors such as lack of operational infrastructure in emerging markets may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Electric Vehicle Motor Market Driver

The increasing average miles driven by EVs on a single charge are notably driving the EV motor market growth. EV manufacturers are focusing on improving the battery pack size as it is one of the essential components of vehicles. For instance, Tesla has planned to improve the battery pack (100-kilowatt-hour) in its EVs, which will improve the miles driven from 200 miles to 380 miles.

Similarly, the Nissan Leaf is improving its battery pack to enhance the miles driven on a single charge. The new Leaf model will have a battery pack of 30 kWh. OEMs are upgrading the battery packs of EVs to enhance the miles driven on a single charge to attract the customers who were earlier reluctant to buy the vehicles due to range anxiety. Increasing the average miles driven on a single charge will attract more customers, which will increase the demand for EV motors in the market during the forecast period.

Significant Electric Vehicle Motor Market Trend

Battery performance overview from logs is the primary trend in the market. The smartphone connected to the battery interface monitors and records each time charging cycles, duration, battery capacity, and range availed after each charge and keeps the log. The app can also create statistics based on the history available for easy interpretation of battery performance by users.

Shared EV mobility is another upcoming trend where taxi-sharing service providers such as Car2Go and TaxiShare and fleet operators of many companies are purchasing EVs in bulk to provide environment-friendly transport facilities. Taxi Electric is such an example, which started operating in Amsterdam, where annual profit tax is waived for companies that purchase EVs in bulk for the first year. Another example is the taxi operators in Singapore that have started electrifying their taxi services since 2016 with support from the country's transportation authority. These mass purchases will fuel the growth of the EV motor market during the forecast period.

Major Electric Vehicle Motor Market Challenge

The lack of operational infrastructure in emerging markets is the major challenge impeding market growth. The lack of efficient charging infrastructure for EVs, especially in emerging markets hinders the expansion of EV charging stations. The lack of proper road infrastructure in these countries hampers the wide-scale expansion of EV charging infrastructure. Individuals and freight operators who maintain a fleet of EVs for commercial purposes limit their operations to major cities because the operational infrastructure required for setting up an EV charging station is available mostly in major cities, not in tier-2 and tier-3 cities.

Governing bodies are developing charging stations in their respective regions to promote the use of electric commercial vehicles (CVs). However, most of them are slow-charging stations that require a considerable amount of time to charge a vehicle. Electric CVs have higher battery capacities than electric passenger cars and thus require more time. The lack of operational infrastructure is expected to hamper the overall growth of the market during the forecast period.

Key Electric Vehicle Motor Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Electric Vehicle Motor Market Customer Landscape

Who are the Major Electric Vehicle Motor Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

Ford Motor Co. - The company offers electric vehicle (EV) motors that allow significant gains compared to a 12 Volts hybridization system and a full electrification solution for light vehicles. Under the automotive segment, the company focuses on the sale of Ford and Lincoln vehicles, service parts, and accessories worldwide.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • ABB Ltd.
  • Allied Motion Technologies Inc.
  • AMETEK Inc.
  • Continental AG
  • DENSO Corp.
  • e Gle Co. Ltd.
  • ECOmove GmbH
  • GEM motors d.o.o
  • Hitachi Ltd.
  • Magna International Inc.
  • Metric Mind Engineering
  • Mitsubishi Electric Corp.
  • Nidec Corp.
  • Nissan Motor Co. Ltd.
  • Robert Bosch GmbH

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

Parent Market Analysis

The reports categorize the global electric vehicle motors market as a part of the global automotive components and accessories market within the global auto components market. The global automotive components and accessories market covers companies engaged in the production of parts and accessories for automobiles like passenger cars (PCs), electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

What is the Fastest-Growing Segment in the Electric Vehicle Motor Market?

The market share growth of the MPR segment will be significant during the forecast period. MPR motors are the preferred motors for use in full or plug-in hybrid powertrains and low-range pure EVs. The Nissan Leaf is equipped with an 80kW MPR motor for providing acceleration to the 3300 lb (approx 1500kg) vehicle. Other vehicles that use mid-power rating motors are Hyundai Sonata, Hyundai Ioniq Electric, Toyota Prius, and Chevrolet Volt. 

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The MPR segment was valued at USD 969.48 million in 2017 and continued to grow until 2021. The market share of the mid-power rating motors will reduce as there will be a gradual increase in the demand for ALL Wheel Drive EVs (AWD EVs), which will lead to increased demand for low-power rating motors (dual hybrid powertrains use these motors as the secondary motor). In addition, there will be a gradual increase in the demand for high-power rating motors due to increased demand for pure high-performance EVs and plug-in hybrid vehicles for better acceleration and more average miles driven on a single charge. These factors will hamper the growth of the MPR motors segment in the market during the forecast period.

Which are the Key Regions for the Electric Vehicle Motor Market?

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APAC is estimated to contribute 50% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

The EV motor market in APAC is growing rapidly, owing to the increasing demand for EVs from countries such as China, Japan, India, Singapore, Thailand, and South Korea. China and Japan are major contributors to the EV motors market of APAC owing to the increased production and sales of EVs and components. China is the major contributor in terms of the number of EVs sold, which is distantly followed by Japan. South Korea, India, and Hong Kong will emerge as strong markets for EVs during the forecast period. This will increase the production and sales of EV-related parts, such as batteries, power inverters, and motors.

The market growth plummeted owing to the COVID-19 pandemic. However, the EV motor market in APAC is growing rapidly, and the sales of electric cars are also increasing.  The Chinese market is the largest consumer. In China, EV sales in January 2022 increased by a whopping 141% from the January 2021 record, with over 400,000 EVs sold. This is currently the highest EV sales in the global EV market this year. Thus, the regional EV motors market is expected to grow during the forecast period.

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.

  • Power Rating Outlook (USD Million, 2017 - 2027)
    • MPR
    • HPR
    • LPR
  • Type Outlook (USD Million, 2017 - 2027)
    • AC motor
    • DC motor
  • Region Outlook (USD Million, 2017 - 2027)
    • APAC
      • China
      • India
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • North America
      • The U.S.
      • Canada
    • South America
      • Brazil
      • Argentina
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Electric Vehicle Motor Market Scope

Report Coverage

Details

Page number

176

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 20.87%

Market growth 2023-2027

USD 14,492.96 million

Market structure

Fragmented

YoY growth 2022-2023(%)

31.6

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 50%

Key countries

US, China, Norway, Germany, and France

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., Allied Motion Technologies Inc., AMETEK Inc., Continental AG, DENSO Corp., e Gle Co. Ltd., ECOmove GmbH, Ford Motor Co., GEM motors d.o.o, Hitachi Ltd., Magna International Inc., Metric Mind Engineering, Mitsubishi Electric Corp., Nidec Corp., Nissan Motor Co. Ltd., Robert Bosch GmbH, Siemens AG, Toshiba Corp., Valeo SA, and Volkswagen AG

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Electric Vehicle Motor Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the electric vehicle motor market between 2023 and 2027
  • Precise estimation of the electric vehicle motor market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across APAC, Europe, North America, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of electric vehicle motor market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Power Rating
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global electric vehicle (EV) motor market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global electric vehicle (EV) motor market 2017 - 2021 ($ million)
    • 4.2 Power rating Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Power rating Segment 2017 - 2021 ($ million)
    • 4.3 Type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Power Rating

    • 6.1 Market segments
      • Exhibit 30: Chart on Power Rating - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Power Rating - Market share 2022-2027 (%)
    • 6.2 Comparison by Power Rating
      • Exhibit 32: Chart on Comparison by Power Rating
      • Exhibit 33: Data Table on Comparison by Power Rating
    • 6.3 MPR - Market size and forecast 2022-2027
      • Exhibit 34: Chart on MPR - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on MPR - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on MPR - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on MPR - Year-over-year growth 2022-2027 (%)
    • 6.4 HPR - Market size and forecast 2022-2027
      • Exhibit 38: Chart on HPR - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on HPR - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on HPR - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on HPR - Year-over-year growth 2022-2027 (%)
    • 6.5 LPR - Market size and forecast 2022-2027
      • Exhibit 42: Chart on LPR - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Data Table on LPR - Market size and forecast 2022-2027 ($ million)
      • Exhibit 44: Chart on LPR - Year-over-year growth 2022-2027 (%)
      • Exhibit 45: Data Table on LPR - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Power Rating
      • Exhibit 46: Market opportunity by Power Rating ($ million)

    7 Market Segmentation by Type

    • 7.1 Market segments
      • Exhibit 47: Chart on Type - Market share 2022-2027 (%)
      • Exhibit 48: Data Table on Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Type
      • Exhibit 49: Chart on Comparison by Type
      • Exhibit 50: Data Table on Comparison by Type
    • 7.3 AC motor - Market size and forecast 2022-2027
      • Exhibit 51: Chart on AC motor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on AC motor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on AC motor - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on AC motor - Year-over-year growth 2022-2027 (%)
    • 7.4 DC motor - Market size and forecast 2022-2027
      • Exhibit 55: Chart on DC motor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on DC motor - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on DC motor - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on DC motor - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Type
      • Exhibit 59: Market opportunity by Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 81: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 89: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Norway - Market size and forecast 2022-2027
      • Exhibit 93: Chart on Norway - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on Norway - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on Norway - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on Norway - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 France - Market size and forecast 2022-2027
      • Exhibit 101: Chart on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on France - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on France - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on France - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 Allied Motion Technologies Inc.
              • Exhibit 112: Allied Motion Technologies Inc. - Overview
              • Exhibit 113: Allied Motion Technologies Inc. - Product / Service
              • Exhibit 114: Allied Motion Technologies Inc. - Key offerings
            • 12.4 AMETEK Inc.
              • Exhibit 115: AMETEK Inc. - Overview
              • Exhibit 116: AMETEK Inc. - Business segments
              • Exhibit 117: AMETEK Inc. - Key offerings
              • Exhibit 118: AMETEK Inc. - Segment focus
            • 12.5 Continental AG
              • Exhibit 119: Continental AG - Overview
              • Exhibit 120: Continental AG - Business segments
              • Exhibit 121: Continental AG - Key offerings
              • Exhibit 122: Continental AG - Segment focus
            • 12.6 DENSO Corp.
              • Exhibit 123: DENSO Corp. - Overview
              • Exhibit 124: DENSO Corp. - Business segments
              • Exhibit 125: DENSO Corp. - Key news
              • Exhibit 126: DENSO Corp. - Key offerings
              • Exhibit 127: DENSO Corp. - Segment focus
            • 12.7 Ford Motor Co.
              • Exhibit 128: Ford Motor Co. - Overview
              • Exhibit 129: Ford Motor Co. - Business segments
              • Exhibit 130: Ford Motor Co. - Key news
              • Exhibit 131: Ford Motor Co. - Key offerings
              • Exhibit 132: Ford Motor Co. - Segment focus
            • 12.8 Hitachi Ltd.
              • Exhibit 133: Hitachi Ltd. - Overview
              • Exhibit 134: Hitachi Ltd. - Business segments
              • Exhibit 135: Hitachi Ltd. - Key news
              • Exhibit 136: Hitachi Ltd. - Key offerings
              • Exhibit 137: Hitachi Ltd. - Segment focus
            • 12.9 Magna International Inc.
              • Exhibit 138: Magna International Inc. - Overview
              • Exhibit 139: Magna International Inc. - Business segments
              • Exhibit 140: Magna International Inc. - Key news
              • Exhibit 141: Magna International Inc. - Key offerings
              • Exhibit 142: Magna International Inc. - Segment focus
            • 12.10 Metric Mind Engineering
              • Exhibit 143: Metric Mind Engineering - Overview
              • Exhibit 144: Metric Mind Engineering - Product / Service
              • Exhibit 145: Metric Mind Engineering - Key offerings
            • 12.11 Mitsubishi Electric Corp.
              • Exhibit 146: Mitsubishi Electric Corp. - Overview
              • Exhibit 147: Mitsubishi Electric Corp. - Business segments
              • Exhibit 148: Mitsubishi Electric Corp. - Key news
              • Exhibit 149: Mitsubishi Electric Corp. - Key offerings
              • Exhibit 150: Mitsubishi Electric Corp. - Segment focus
            • 12.12 Nissan Motor Co. Ltd.
              • Exhibit 151: Nissan Motor Co. Ltd. - Overview
              • Exhibit 152: Nissan Motor Co. Ltd. - Business segments
              • Exhibit 153: Nissan Motor Co. Ltd. - Key news
              • Exhibit 154: Nissan Motor Co. Ltd. - Key offerings
              • Exhibit 155: Nissan Motor Co. Ltd. - Segment focus
            • 12.13 Robert Bosch GmbH
              • Exhibit 156: Robert Bosch GmbH - Overview
              • Exhibit 157: Robert Bosch GmbH - Business segments
              • Exhibit 158: Robert Bosch GmbH - Key news
              • Exhibit 159: Robert Bosch GmbH - Key offerings
              • Exhibit 160: Robert Bosch GmbH - Segment focus
            • 12.14 Siemens AG
              • Exhibit 161: Siemens AG - Overview
              • Exhibit 162: Siemens AG - Business segments
              • Exhibit 163: Siemens AG - Key news
              • Exhibit 164: Siemens AG - Key offerings
              • Exhibit 165: Siemens AG - Segment focus
            • 12.15 Toshiba Corp.
              • Exhibit 166: Toshiba Corp. - Overview
              • Exhibit 167: Toshiba Corp. - Business segments
              • Exhibit 168: Toshiba Corp. - Key offerings
              • Exhibit 169: Toshiba Corp. - Segment focus
            • 12.16 Valeo SA
              • Exhibit 170: Valeo SA - Overview
              • Exhibit 171: Valeo SA - Business segments
              • Exhibit 172: Valeo SA - Key news
              • Exhibit 173: Valeo SA - Key offerings
              • Exhibit 174: Valeo SA - Segment focus
            • 12.17 Volkswagen AG
              • Exhibit 175: Volkswagen AG - Overview
              • Exhibit 176: Volkswagen AG - Business segments
              • Exhibit 177: Volkswagen AG - Key offerings
              • Exhibit 178: Volkswagen AG - Segment focus

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 179: Inclusions checklist
                • Exhibit 180: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 181: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 182: Research methodology
                • Exhibit 183: Validation techniques employed for market sizing
                • Exhibit 184: Information sources
              • 13.5 List of abbreviations
                • Exhibit 185: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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