Electric Vehicle (EV) Traction Motor Market - North America, Europe, EMEA, APAC : US, Canada, China, Germany, UK - Forecast 2023-2027

Published: Nov 2022 Pages: 173 SKU: IRTNTR74730

The Global Electric Vehicle (EV) Traction Motor Market size is estimated to grow by USD 6,960.3 million and the EV traction motor market size forecast is set to increase CAGR of 16.73% between 2022 and 2027The growth of the market depends on several factors such as increasing sales of EVs, decreasing prices of lithium-ion battery boost adoption of EVs, and advantages of EV traction motors.

This market research report extensively covers market segmentation by Application (railways, electric vehicles, and others) and Geography (APAC, Europe, North America, South America, and the 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 EV Traction Motor Market During the Forecast Period?

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Technavio’s Exclusive EV Traction Motor Market Customer Landscape

The market research report includes the adoption lifecycle of the electric vehicle (EV) traction 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 EV Traction Motor Market Customer Landscape

Key Driver, Trends and Challenges

 Our researchers analyzed the data with 2022 as the base year and 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 (EV) Traction Motor Market Driver

The advantages of EV traction motors will drive the electric vehicle (EV) traction motor market growth. The EV traction motor gives high torque characteristics, which influences the car's performance. It makes the vehicle run long, compact, light, and easy to maintain. Also, vendors are combining EV traction motors with an inverter and a reducer. For instance, Nidec developed E-Axle, which is an EV traction motor system that combines these three components, namely motor, inverter, and reducer, and started mass-producing it in April 2019. E-Axle-installed models are very popular in China, the leading country in the use of EVs. Moreover, with growing advances in EVs and growing consumer desire for high-performance vehicles, electric cars are no longer low-power vehicles. Modern electric cars developed by prominent automotive OEMs are competing aggressively with ICE counterparts in terms of speed and acceleration. This, in turn, will drive the demand for the electric vehicle traction market growth during the forecast period.

Significant Electric Vehicle (EV) Traction Motor Market Trends

Increasing development in EV traction motor will influence the electric vehicle (EV) traction motor market growth. Vendors are developing compact design EV traction motors which give an advantage in the costs of materials and weight since a lighter motor requires less material during manufacture and increases the possible net load in commercial vehicles. Vendors such as MAHLE are using innovative integrated oil cooling, which makes EV traction motors more robust and allows the waste heat generated to be used in the vehicle's complete system. In July 2022, MAHLE also developed a traction motor (EV traction motor) that is unique in the market in focus due to its features. The traction motor is light and efficient and can be assembled without the use of magnets. The new traction motor is suitable for various electric vehicles and other applications. The vendors operating in the market will drive the growth of the EV traction motor market in focus during the forecast period.

Major Electric Vehicle (EV) Traction Motor Market Challenge

The lack of operational infrastructure will majorly impact the EV traction motor market growth. The lack of efficient charging infrastructure for EVs, particularly in the emerging markets in APAC, except China, is impacting market growth. In India and other Southeast Asian countries, the lack of adequate infrastructure hinders the expansion of EV charging stations. The lack of proper road infrastructure in countries such as India hampers the large-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 as 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. However, most of them are slow-charging stations that require a considerable amount of time to charge a vehicle. These factors will slow down the electric vehicle traction market growth.

EV Traction Motor Market Segmentation by Product, Power Rating, Geography

Product Segment Analysis:

Based on application, the electric vehicle (EV) traction market is segmented into railways, electric vehicles, and others. The railways segment was valued at USD 1,669.29 million in 2017 and continue to grow by 2023. Traction motors are used on electrified railways due to their high torque and good speed control. Three types of traction motors are used in electrified railways, namely DC, AC, and synchronous traction motors. Such factors will increase the demand for this segment during the forecast period.

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The developments in electronics have led to the replacement of relay systems with electronic controls that enable smoother acceleration and deceleration in railway vehicles. Present-day systems in use commonly deploy separately excited DC traction motor and thyristor controls for both main supply voltage as well as field excitation. When it comes to the constant start-stop operation of rail vehicles under heavy loads, DC traction motors are still the preferred choice. DC traction motors have been commonly used in railways. Moreover, the increasing electrification of railways, particularly in developing countries, will drive the growth of the segment and, in turn, the growth of the electric vehicle traction market growth in focus during the forecast period.

Power Rating Analysis

EV traction motors with a power rating below 200 kW are mainly used in micro and mild hybrid vehicles and also luxury EVs. These motors are mainly used for start-stop function, turbo boost for sudden acceleration, and other functions. In addition, vehicles with dual-motor hybrid powertrains mainly employ a small power-rated traction motor at the rear-wheel drive or as a secondary motor for turbo boost. For instance, in February 2020, Nidec launched two new models of traction motor systems: a 200-kW model for the D and E segments and a 50-kW model for the A segment. Both models are based on Nidec's 150 kW E-Axle. The 200 kW model features a motor and gears that increase the power EV by more than 30%. Nidec will mass produce a 200 kW model of EV traction motor by 2023. Such factors will drive the electric vehicle traction market growth during the forecast period.

Regional Analysis

APAC is estimated to contribute 41% of the global electric vehicle traction market growth during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the electric vehicle (EV) traction motor market during the forecast period. 

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The EV traction 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 traction motor market in 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 traction motors during the forecast period.

Covid Recovery Analysis:

Due to the vaccination drive and lifting of the lockdown, the market recovery picked up pace in 2021 as the pandemic receded and investments in the EV landscape increased. The regional EV traction market in focus is expected to grow during the forecast period.

Who are the Major EV Traction 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 EV traction market

Continental-  The company offers EV traction motor such as Electric motors with permanent magnet traction drive systems. The company manufactures brake systems, interior electronics, automotive safety, powertrain and chassis components, tachographs, tires, and other parts for the automotive and transportation industries in different regions such as Asia,  North America, and Germany.

Abb- The company offers EV traction motors such as ABB traction motors for metro. Under this segment, the company manufactures and sells drives, motors, generators, traction converters, and mechanical power transmission products that are driving the low-carbon future for industries, cities, infrastructure, and transportation.

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

  • ABB Ltd.
  • AC Propulsion Inc.
  • Aisin Corp.
  • Allied Motion Technologies Inc.
  • BorgWarner Inc.
  • Bowe Digital Ltd
  • Continental AG
  • Delta Electronics Inc.
  • Hitachi Ltd.
  • LG Magna e Powertrain
  • MAHLE GmbH
  • Nidec Corp.
  • Parker Hannifin Corp.
  • Robert Bosch GmbH
  • Saini Group
  • Siemens AG
  • SONA BLW Precision Forgings Ltd.
  • TOSHIBA CORP
  • Valeo SA
  • Yasa Ltd.

The report offers clients a deeper understanding of the market and its players through a combined qualitative and quantitative analysis of the vendors. The analysis classifies vendors into categories based on their business approach, including pure-play, category-focused, industry-focused, and diversified. Vendors are specially categorized into dominant, leading, strong, tentative, and weak to understand the dos and don’ts of business which in turn can help a client make the best decision.

Segment Overview

The EV traction market 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. 

  • Deployment Outlook (USD Million, 2017 - 2027)
    • Railways
    • Electric vehicle
    • Others
  • Power Rating Outlook (USD Million, 2017 - 2027)
    • Below 200 kW
    • 200 to 400 kW
    • Above 400 kW
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

EV Traction Motor Market Scope

Report Coverage

Details

Page number

173

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 16.73%

Market growth 2023-2027

$ 6,960.3 million

Market structure

Fragmented

YoY growth 2022-2023(%)

12.07

Regional analysis

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

Performing market contribution

APAC at 41%

Key countries

US, China, South Korea, India, and Germany

Competitive landscape

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

Key companies profiled

ABB Ltd., AC Propulsion Inc., Aisin Corp., Allied Motion Technologies Inc., BorgWarner Inc., Bowe Digital Ltd, Continental AG, Delta Electronics Inc., Hitachi Ltd., LG Magna e Powertrain, MAHLE GmbH, Nidec Corp., Parker Hannifin Corp., Robert Bosch GmbH, Saini Group, Siemens AG, SONA BLW Precision Forgings Ltd., TOSHIBA CORP, Valeo SA, and Yasa Ltd.

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, Market condition analysis for 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 EV Traction Motor Market Research Report?

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

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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 Application
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Power Rating
    • 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 EV traction motor market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global EV traction motor market 2017 - 2021 ($ million)
    • 4.2 Application Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Application Segment 2017 - 2021 ($ million)
    • 4.3 Power Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Power Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 22: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 23: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 24: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 25: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 26: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 27: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 28: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Application

    • 6.1 Market segments
      • Exhibit 29: Chart on Application - Market share 2022-2027 (%)
      • Exhibit 30: Data Table on Application - Market share 2022-2027 (%)
    • 6.2 Comparison by Application
      • Exhibit 31: Chart on Comparison by Application
      • Exhibit 32: Data Table on Comparison by Application
    • 6.3 Railways - Market size and forecast 2022-2027
      • Exhibit 33: Chart on Railways - Market size and forecast 2022-2027 ($ million)
      • Exhibit 34: Data Table on Railways - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Chart on Railways - Year-over-year growth 2022-2027 (%)
      • Exhibit 36: Data Table on Railways - Year-over-year growth 2022-2027 (%)
    • 6.4 Electric vehicle - Market size and forecast 2022-2027
      • Exhibit 37: Chart on Electric vehicle - Market size and forecast 2022-2027 ($ million)
      • Exhibit 38: Data Table on Electric vehicle - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Chart on Electric vehicle - Year-over-year growth 2022-2027 (%)
      • Exhibit 40: Data Table on Electric vehicle - Year-over-year growth 2022-2027 (%)
    • 6.5 Others - Market size and forecast 2022-2027
      • Exhibit 41: Chart on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 42: Data Table on Others - Market size and forecast 2022-2027 ($ million)
      • Exhibit 43: Chart on Others - Year-over-year growth 2022-2027 (%)
      • Exhibit 44: Data Table on Others - Year-over-year growth 2022-2027 (%)
    • 6.6 Market opportunity by Application
      • Exhibit 45: Market opportunity by Application ($ million)

    7 Market Segmentation by Power Rating

    • 7.1 Market segments
      • Exhibit 46: Chart on Power Rating - Market share 2022-2027 (%)
      • Exhibit 47: Data Table on Power Rating - Market share 2022-2027 (%)
    • 7.2 Comparison by Power Rating
      • Exhibit 48: Chart on Comparison by Power Rating
      • Exhibit 49: Data Table on Comparison by Power Rating
    • 7.3 Below 200 kW - Market size and forecast 2022-2027
      • Exhibit 50: Chart on Below 200 kW - Market size and forecast 2022-2027 ($ million)
      • Exhibit 51: Data Table on Below 200 kW - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Chart on Below 200 kW - Year-over-year growth 2022-2027 (%)
      • Exhibit 53: Data Table on Below 200 kW - Year-over-year growth 2022-2027 (%)
    • 7.4 200 to 400 kW - Market size and forecast 2022-2027
      • Exhibit 54: Chart on 200 to 400 kW - Market size and forecast 2022-2027 ($ million)
      • Exhibit 55: Data Table on 200 to 400 kW - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Chart on 200 to 400 kW - Year-over-year growth 2022-2027 (%)
      • Exhibit 57: Data Table on 200 to 400 kW - Year-over-year growth 2022-2027 (%)
    • 7.5 Above 400 kW - Market size and forecast 2022-2027
      • Exhibit 58: Chart on Above 400 kW - Market size and forecast 2022-2027 ($ million)
      • Exhibit 59: Data Table on Above 400 kW - Market size and forecast 2022-2027 ($ million)
      • Exhibit 60: Chart on Above 400 kW - Year-over-year growth 2022-2027 (%)
      • Exhibit 61: Data Table on Above 400 kW - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Power Rating
      • Exhibit 62: Market opportunity by Power Rating ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 63: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 64: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 65: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 66: Chart on Geographic comparison
      • Exhibit 67: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 68: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 69: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 71: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 72: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 73: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 75: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 76: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 77: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 79: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 80: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 81: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 83: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 84: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 85: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 87: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 88: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 89: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 91: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 China - Market size and forecast 2022-2027
      • Exhibit 92: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 93: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 95: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.10 Germany - Market size and forecast 2022-2027
      • Exhibit 96: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 97: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 99: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.11 South Korea - Market size and forecast 2022-2027
      • Exhibit 100: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 101: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Chart on South Korea - Year-over-year growth 2022-2027 (%)
      • Exhibit 103: Data Table on South Korea - Year-over-year growth 2022-2027 (%)
    • 9.12 India - Market size and forecast 2022-2027
      • Exhibit 104: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 105: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 106: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 107: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 108: 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 109: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 110: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 111: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 112: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 113: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 114: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 115: ABB Ltd. - Overview
              • Exhibit 116: ABB Ltd. - Business segments
              • Exhibit 117: ABB Ltd. - Key news
              • Exhibit 118: ABB Ltd. - Key offerings
              • Exhibit 119: ABB Ltd. - Segment focus
            • 12.4 Aisin Corp.
              • Exhibit 120: Aisin Corp. - Overview
              • Exhibit 121: Aisin Corp. - Business segments
              • Exhibit 122: Aisin Corp. - Key offerings
              • Exhibit 123: Aisin Corp. - Segment focus
            • 12.5 Allied Motion Technologies Inc.
              • Exhibit 124: Allied Motion Technologies Inc. - Overview
              • Exhibit 125: Allied Motion Technologies Inc. - Product / Service
              • Exhibit 126: Allied Motion Technologies Inc. - Key offerings
            • 12.6 Continental AG
              • Exhibit 127: Continental AG - Overview
              • Exhibit 128: Continental AG - Business segments
              • Exhibit 129: Continental AG - Key offerings
              • Exhibit 130: Continental AG - Segment focus
            • 12.7 Delta Electronics Inc.
              • Exhibit 131: Delta Electronics Inc. - Overview
              • Exhibit 132: Delta Electronics Inc. - Business segments
              • Exhibit 133: Delta Electronics Inc. - Key offerings
              • Exhibit 134: Delta Electronics Inc. - Segment focus
            • 12.8 Hitachi Ltd.
              • Exhibit 135: Hitachi Ltd. - Overview
              • Exhibit 136: Hitachi Ltd. - Business segments
              • Exhibit 137: Hitachi Ltd. - Key news
              • Exhibit 138: Hitachi Ltd. - Key offerings
              • Exhibit 139: Hitachi Ltd. - Segment focus
            • 12.9 LG Magna e Powertrain
              • Exhibit 140: LG Magna e Powertrain - Overview
              • Exhibit 141: LG Magna e Powertrain - Product / Service
              • Exhibit 142: LG Magna e Powertrain - Key offerings
            • 12.10 MAHLE GmbH
              • Exhibit 143: MAHLE GmbH - Overview
              • Exhibit 144: MAHLE GmbH - Business segments
              • Exhibit 145: MAHLE GmbH - Key news
              • Exhibit 146: MAHLE GmbH - Key offerings
              • Exhibit 147: MAHLE GmbH - Segment focus
            • 12.11 Nidec Corp.
              • Exhibit 148: Nidec Corp. - Overview
              • Exhibit 149: Nidec Corp. - Business segments
              • Exhibit 150: Nidec Corp. - Key news
              • Exhibit 151: Nidec Corp. - Key offerings
              • Exhibit 152: Nidec Corp. - Segment focus
            • 12.12 Parker Hannifin Corp.
              • Exhibit 153: Parker Hannifin Corp. - Overview
              • Exhibit 154: Parker Hannifin Corp. - Business segments
              • Exhibit 155: Parker Hannifin Corp. - Key news
              • Exhibit 156: Parker Hannifin Corp. - Key offerings
              • Exhibit 157: Parker Hannifin Corp. - Segment focus
            • 12.13 Robert Bosch GmbH
              • Exhibit 158: Robert Bosch GmbH - Overview
              • Exhibit 159: Robert Bosch GmbH - Business segments
              • Exhibit 160: Robert Bosch GmbH - Key news
              • Exhibit 161: Robert Bosch GmbH - Key offerings
              • Exhibit 162: Robert Bosch GmbH - Segment focus
            • 12.14 Siemens AG
              • Exhibit 163: Siemens AG - Overview
              • Exhibit 164: Siemens AG - Business segments
              • Exhibit 165: Siemens AG - Key news
              • Exhibit 166: Siemens AG - Key offerings
              • Exhibit 167: Siemens AG - Segment focus
            • 12.15 TOSHIBA CORP
              • Exhibit 168: TOSHIBA CORP - Overview
              • Exhibit 169: TOSHIBA CORP - Business segments
              • Exhibit 170: TOSHIBA CORP - Key offerings
              • Exhibit 171: TOSHIBA CORP - Segment focus
            • 12.16 Valeo SA
              • Exhibit 172: Valeo SA - Overview
              • Exhibit 173: Valeo SA - Business segments
              • Exhibit 174: Valeo SA - Key news
              • Exhibit 175: Valeo SA - Key offerings
              • Exhibit 176: Valeo SA - Segment focus
            • 12.17 Yasa Ltd.
              • Exhibit 177: Yasa Ltd. - Overview
              • Exhibit 178: Yasa Ltd. - Product / Service
              • Exhibit 179: Yasa Ltd. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 180: Inclusions checklist
                • Exhibit 181: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 182: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 183: Research methodology
                • Exhibit 184: Validation techniques employed for market sizing
                • Exhibit 185: Information sources
              • 13.5 List of abbreviations
                • Exhibit 186: 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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              ev traction motor market

              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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              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis