Global Electric Vehicle Motor Market 2017-2021

NEW YORK, Feb. 16, 2017 /PRNewswire/ --

About Electric Vehicle Motor

An electric motor is a machine that converts electrical energy into mechanical energy by the interaction of magnetic field with the current. The motor mainly consists of two parts: a rotor and a stator. The motors can be categorized into direct current (DC) motor and alternating current (AC) motor based on the type of electricity used by the motor. Furthermore, AC motors are classified into synchronous or asynchronous motors, and DC motors are classified into brushed and brushless motors.

Technavio's analysts forecast the global electric vehicle motor market to grow at a CAGR of 22.67% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the global electric vehicle motor market for 2017-2021. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the four prominent vendors operating in the market.

The market is divided into the following segments based on geography:
- APAC
- Europe
- North America

Technavio's report, Global Electric Vehicle Motor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Continental
- Hitachi Automotive Systems
- Tesla Motors
- Toyota Industries

Other prominent vendors
- BYD Auto
- Delphi Automotive
- DENSO
- Metric Mind
- Mitsubishi Electric

Market driver
- Decline in cost of electric motor owing to advances in technology.- For a full, detailed list, view our report

Market challenge
- Electromagnetic interference damages powertrain components.
- For a full, detailed list, view our report

Market trend
- IM and other technologies with magnet-free architecture.
- For a full, detailed list, view our report

Key questions answered in this report

- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.
Read the full report: http://www.reportlinker.com/p04594282-summary/view-report.html

About Reportlinker
ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place.

http://www.reportlinker.com
__________________________
Contact Clare: clare@reportlinker.com
US: (339)-368-6001
Intl: +1 339-368-6001

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-electric-vehicle-motor-market-2017-2021-300409243.html

SOURCE Reportlinker