Market Research Report
Transportation Electrification Drives Motor and Power Electronics Innovation
|Published by||Navigant Research||Product code||608805|
|Published||Content info||17 Pages; 4 Tables, Charts & Figures
Delivery time: 1-2 business days
|Transportation Electrification Drives Motor and Power Electronics Innovation|
|Published: February 26, 2018||Content info: 17 Pages; 4 Tables, Charts & Figures||
The market share of vehicles motivated primarily by electric propulsion remains mired in the low single digits globally, though it is projected to grow significantly in the coming decades. Despite the modest consumer adoption of fully electric and strong hybrid propulsion, automakers and suppliers are dramatically expanding their electrified offerings to achieve gains in fuel efficiency, reductions in emissions, and increases in available electrical power.
Over the last decade, EVs have entered the mainstream, and the traction motor is now the focus for OEMs and suppliers looking to establish industry leadership in the future. Numerous manufacturers announced plans in 2017 to offer at least 48 V mild-hybrid powertrains across all vehicles in their lineup. In many cases, manufacturers have reported they will make those offerings standard equipment. All of these vehicles will require electric drive motors, generators, and power electronics for alternating current-direct current (AC-DC) conversion as well as DC voltage conversion to support multiple vehicle subsystems.
This Navigant Research report examines how vehicle electrification is driving investment in all aspects of electric motor technologies and control electronics. The study analyzes the historical, current, and future trends related to electrification solutions for vehicles and discusses the key components of an electric drive system. It also provides detailed and actionable recommendations for industry players on some of the major areas to focus on to help successfully grow the market for these crucial electrification components.