COVID-19 Impact Analysis on Automotive Traction Motor Market report published by Value Market Research provides a detailed market analysis comprising market size, share, value, growth and trends for the period 2022-2028. The report encompasses data regarding market share and recent developments by key players. Moreover, this market report also covers regional and country markets in detail.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive traction motor market include BorgWarner Inc. (US), Schaeffler Group (Germany), Nidec Corporation (Japan), Robert Bosch GmbH (Germany), and ZF Friedrichshafen AG (Germany). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Automotive Traction Motor market growth looks promising during the projection period from 2021 to 2028. The rising demand for electric vehicles and high-performance motors and favourable government policies on global emissions are the leading market drivers. Technological progress in the electric vehicle segment is another contributor to this growth. A traction motor is a compact, high-performance, energy-efficient, lightweight, cheaper, and easy-to-operate motor and hence it is widely preferred. Electric motor dominates the locomotive segment, and this is another reason for the growth of the automotive traction motor market. Because of the strict global emission norms, there is increasing adoption of EVs, so this will create more opportunities for the future traction motor market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive traction motor. The growth and trends of Automotive Traction Motor Industry provide a holistic approach to this study.
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This section of the automotive traction motor market report provides detailed data on the segments by analyzing them at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
By EV Type
By Motor Type
- DC Brushless
- AC Induction
By Power Output
- Less Than 200 KW
- 200-400 KW
- Above 400 KW
This section covers the regional outlook, which accentuates current and future demand for the Automotive Traction Motor market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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