Global Electric Vehicle Motor (EVM) Controller Market 2017-2021

This market research report identifies Continental, Delphi, Sevcon, Siemens, and Texas Instruments as the key vendors in the global electric vehicle motor controller market. This report also presents a detailed analysis of the market by powertrain type (full hybrid, mild hybrid, plug-in hybrid, and pure EV) and by geography (APAC, Europe, and North America).

Overview of the global electric vehicle motor (EVM) controller market

Technavio’s market research report predicts that the global electric vehicle motor (EVM) controller market will grow at an impressive CAGR of nearly 43% during the forecast period. Stringent regulations on fuel efficiency and emissions that induces the adoption of high-level controllers is one of the primary drivers for market growth. Several countries have taken initiatives to reduce the greenhouse gas emissions and cut down on the effects of global warming. Countries such as China and India follow regulations that are similar to the Euro norms. Moreover, India also adheres to the BS IV norms and is planning on implementing BS VI norms by 2020. Japan follows standards that are similar to the US 2010 and the Euro 5 norms and is scheduling for a next revision by 2017. Such regulations induce the automobile manufacturers to produce zero emission or almost zero emission vehicles, which increases the focus on advanced power electronics and controller modules driving the growth of the market.

One of the latest trends that will gain traction in the global EVM controller market is the emergence of the vehicle to grid (V2G) charging and storage system. The vehicle-to-grid system is an advanced innovative concept from the wireless charging system (WCS) technology and the present trend in this technology is the reversal of the induction process wherein the charged vehicle powers back the grid. This power is utilized to run the office buildings or other facilities during peak hours and lower the power demand on national grids. Moreover, Nissan is anticipated to employ the V2G technology to power its new regional office in France, and the company is foreseen to implement the world’s largest grid integrated PEV system.

Competitive analysis and key vendors

The global EVM controller market is largely split comprising of different vendors that are also key vendors for power electronics and motors for EVs. The manufacturers and suppliers of the EVM controllers are categorized into different groups in the market. With the increase in number of partnerships among automakers to enter new EV markets, the level of competition in the global EVM controller market will intensify in the coming years.

Key vendors in the market are:

• Continental
• Delphi
• Sevcon
• Siemens
• Texas Instruments

Other prominent vendors include AMC, Air International Thermal Systems, Bosch, BYD, DENSO, EVS, Fuji Electric, FUJITSU, Hitachi Automotive Systems, Mitsubishi Electric, Metric Mind, SME, and TOYOTA INDUSTRIES CORPORATION.

Segmentation by powertrain type and analysis of the electric vehicle motor controller market

• Full hybrid
• Mild hybrid
• Plug-in-hybrid
• Pure EV

During 2016, the full hybrid powertrain type segment dominated the global EVM controller market and is expected to continue its dominance over the next four years. This is mainly due to the introduction of fuel regulations and tax incentives that will drive the adoption of full hybrid EVMs in the future.

Geographical segmentation and analysis of the electric vehicle motor controller market

• APAC
• Europe
• North America

In terms of geography, APAC led the global EVM controller market during 2016 and is foreseen to continue the domination during the forecast period. The high production rates and sales of hybrid vehicles in Japan and electric vehicles in China mainly contribute to the market’s growth in the region. Moreover, initiatives from the governments of various countries in the region will also drive the growth of the market.

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 electric vehicle motor controller market?
• What are the key market trends impacting the growth of the global electric vehicle motor controller market?
• What are the challenges to market growth?
• Who are the key vendors in the global electric vehicle motor controller market?
• What are the market opportunities and threats faced by the vendors in the global electric vehicle motor controller market?
• Trending factors influencing the market shares of the APAC, Europe, and North America.
• What are the key outcomes of the five forces analysis of the global electric vehicle motor controller market?

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