Global Automotive Direct Drive Motor Market 2017-2021

Overview of the global automotive direct drive motor (DDM) market

Technavio’s market research report predicts that the global automotive DDM market will post an exponential CAGR of nearly 202% during the forecast period. One of the primary drivers for the market’s growth is the reduced power losses with use of DDM that improves the driving range and performance of electric vehicles (EV). DDMs ensures a simple powertrain for vehicles for maximum efficiency, less wear and tear, low maintenance, and ease of adding advanced safety features. DDMs proves to be a better transmission option as it eliminates the conventional power losses like in the ICE vehicles and transfers maximum power to the wheels. Additionally, the ease of installing the DDM systems in vehicles increases the aftermarket opportunity for customization and also offers benefits such as no complex maintenances due to lesser vibrating parts and withstanding capabilities of up to 1 million kilometers without maintenance, driving market growth.

One of the latest trends that will gain traction in the automotive DDM market is the adoption of in-wheel micro power electronics system. An in-wheel motor system reduces the required space for an additional motor and provides extra room for the battery pack and luggage in electric vehicles. The main benefit of micro inverter system is the multiple levels of redundancy which enables the motor to work with reduced performance even if a micro inverter fails, whereas a failure in the conventional motor-inverter system will result in an unusable motor.

Growth drivers, challenges, and upcoming trends: Off-wheel direct drive design

Upcoming trends like placing direct drive systems as an off-wheel offering and delivering similar results as in-wheel motor is expected to propel market growth. In an off-wheel adoption, the direct drive system is attached to wheels through a gearbox that is fixed into the wheel house. The wheel house is covered with the tires and completes the off-wheel direct drive assembly. These gear boxes bear all the severe driving conditions that the wheel goes through and protects the in-wheel drive motor system.              

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the automotive direct drive motor market. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Competitive analysis and key vendors

The global automotive direct drive motor market has limited vendors and competition in the market is primarily for the advanced technology electric motors, which is mainly due to the large volume of sales of EVs. The vendors in this market are also the key vendors for the industrial and consumer electronics applications and are mostly tier 1 auto electronics suppliers with EV motors added to their products due to the increase in demand across the industry.  

Key vendors in the market are:

• Continental
• Printed Motor Works (PMW)
• PROTEAN ELECTRIC
• TM4

Other prominent vendors include Elaphe, Kollmorgen, and Metric Mind.

Geographical segmentation and analysis of the automotive direct drive motor market

• Americas
• APAC
• EMEA

In terms of geographical regions, the Americas accounted for the major shares and dominated the market during 2016. North America accounted for the major sales of EVs and it parts in this region, where, the introduction of stringent regulations in the US and Canada that mandated the need to reduce fuel consumption and emissions and tax benefits offered by the governments to EV manufacturers and consumers leading to the increased sales of EVs, were the major factors that fueled the adoption of DDM.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive direct drive motor market?
• What are the key market trends impacting the global automotive direct drive motor market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive direct drive motor market?
• What are the market opportunities and threats faced by the vendors in the global automotive direct drive motor market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive direct drive motor market?

Technavio also offers customization on reports based on specific client requirement.

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