Market Research Report
Global Electric Vehicle Motor Market 2018-2022
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||410531|
|Published||Content info||98 Pages
Electric motor in anEVis used to convert electrical energy into mechanical energy by the interaction of magnetic field with current to power the vehicle. The use of electric motors is on the rise owing to the growth in the market for new energy vehicles (NEVs). These vehicles include hybrid, plug-in hybrid, pure EV, and fuel cell vehicles that use alternative renewable energy sources.
Technavio's analysts forecast the global electric vehicle motor market to grow at a CAGR of 20.79 % during the period 2018-2022.
The report covers the present scenario and the growth prospects of the global electric vehicle motor market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of electric vehicle motor.
The market is divided into the following segments based on geography:
Technavio's report, Global Electric Vehicle Motor Market 2018-2022, 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.
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