EV Motor Market is Expanding Rapidly with Promising Growth Prospects
EV Motor Market

EV Motor Market is Expanding Rapidly with Promising Growth Prospects

The Global EV Motor Market is estimated to be US$ 6.2 billion in 2023. It is poised to register 28.1% growth over the forecast period from 2023 to 2030 to reach US $ 35.1 billion in 2030.

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The EV Motor market study offers information on the most recent developments, trade laws, the strategic value chain, market shares, the effects of well-established and up-and-coming market players, analyses of gaps in terms of untapped business segments, regional territory and laws, growth analysis pattern, driving forces, new developments, influencing trends, innovations, and challenges in the market.

Players Profiled in the EV Motor Market Study:

  • ABB (Switzerland)
  • Siemens AG (Germany)
  • Robert Bosch GmbH (Germany)
  • AISIN CORPORATION (Japan)
  • Johnson Electric Holdings Limited (Hong Kong)
  • BorgWarner Inc (United States)
  • Nidec Industrial Solutions (Japan)
  • Mitsubishi Electric Corporation (Japan)
  • GKN Automotive (United Kingdom)
  • Allied Motion Inc (United States)
  • TECO Corporation (Taiwan)
  • Toshiba International Corporation (Japan)
  • LG Magna e-Powertrain Co. Ltd (South Korea)

By Type, EV Motor market has been segmented into:

  • AC Motor
  • DC Motor

By Applications, EV Motor market has been segmented into on:

  • Passenger Vehicle
  • Commercial Vehicle
  • Others

Channel: By Channels, Market has been segmented into Direct Sales, Distribution Channel Regional & Country Analysis: North America Country (United States, Canada) South America (Brazil, Argentina, Peru, Chile, Rest of South America) Asia-Pacific (China, Japan, India, South Korea, Australia, Singapore, Malaysia, Indonesia, Philippines, Thailand, Vietnam, Others) Europe (Germany, United Kingdom, France, Italy, Spain, Switzerland, Netherlands, Austria, Sweden, Norway, Belgium, Rest of Europe) Rest of World [GCC, South Africa, Egypt, Turkey, Israel, Others]

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