Electric Vehicle Traction Motor - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Electric Vehicle Traction Motor Market is accounted for $2.76 billion in 2019 and is expected to reach $39.87 billion by 2027 growing at a CAGR of 39.6% during the forecast period. Growing demand for energy-efficient motors and increasing investments in electric vehicles (EVS) are the major factors propelling the market growth. However, the failure cases of electric vehicle traction motors owing to overheating are hampering the market growth.
An electric vehicle traction motor utilizes electric energy from the battery of the vehicle, which is installed in an electric vehicle in order to propel it. Traction motors are capable of providing required torque for propulsion of electric vehicles.
Based on the vehicle type, battery electric vehicles segment is estimated to have a lucrative growth due to growing inclination of consumers towards adopting zero-emission vehicles. Additionally, technological developments including long-range batteries, which have fast charging capabilities. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to escalating electric vehicle charging infrastructure and mounting government initiatives, such as NEV policy in China.
Some of the key players profiled in the Electric Vehicle Traction Motor Market include ABB Limited, AVID Technology Limited, Copper Rotor Induction Motor, Equipmake Ltd, Hitachi Automotive Systems Americas, Inc., Magnetic Systems Technology, Nidec Corporation , Parker-Hannifin Corp, RETORQ Motors Ltd, Robert Bosch GmbH, SERVAX, SKF AB, Valeo SA, YASA Motors Ltd, ZF TRW Automotive Holdings Corporation and Zytek Group Limited.
Vehicle Types Covered:
• Battery Electric Vehicles (BEV)
• Full Hybrid Vehicles
• Mild Hybrid Vehicles
• Plug-in Hybrid Electric Vehicle (PHEV)
Motor Types Covered:
• Asynchronous Motors (ASM)
• Hybrid Motors (HM)
• Permanent Magnet Synchronous Motors (PSM)
• Switched Reluctance Motor (SRM)
Types Covered:
• Alternating Current (AC)
• Direct Current (DC)
Motor Capacities Covered:
• <40 kW
• 40 kW to <80 kW
• 80 kW
Voltage Ratings Covered:
• Low
• High
Applications Covered:
• Electric Cars
• Electric Buses
• Electric Scooters
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Electric Vehicle Traction Motor Market, By Vehicle Type
5.1 Introduction
5.2 Battery Electric Vehicles (BEV)
5.3 Full Hybrid Vehicles
5.4 Mild Hybrid Vehicles
5.5 Plug-in Hybrid Electric Vehicle (PHEV)
6 Global Electric Vehicle Traction Motor Market, By Motor Type
6.1 Introduction
6.2 Asynchronous Motors (ASM)
6.3 Hybrid Motors (HM)
6.4 Permanent Magnet Synchronous Motors (PSM)
6.5 Switched Reluctance Motor (SRM)
7 Global Electric Vehicle Traction Motor Market, By Type
7.1 Introduction
7.2 Alternating Current (AC)
7.3 Direct Current (DC)
8 Global Electric Vehicle Traction Motor Market, By Motor Capacity
8.1 Introduction
8.2 <40 kW
8.3 40 kW to <80 kW
8.4 80 kW
9 Global Electric Vehicle Traction Motor Market, By Voltage Rating
9.1 Introduction
9.2 Low
9.3 High
10 Global Electric Vehicle Traction Motor Market, By Application
10.1 Introduction
10.2 Electric Cars
10.3 Electric Buses
10.4 Electric Scooters
11 Global Electric Vehicle Traction Motor Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 ABB Limited
13.2 AVID Technology Limited
13.3 Copper Rotor Induction Motor
13.4 Equipmake Ltd.
13.5 Hitachi Automotive Systems Americas, Inc.
13.6 Magnetic Systems Technology
13.7 Nidec Corporation
13.8 Parker-Hannifin Corp
13.9 RETORQ Motors Ltd.
13.10 Robert Bosch GmbH
13.11 SERVAX
13.12 SKF AB
13.13 Valeo SA
13.14 YASA Motors Ltd.
13.15 ZF TRW Automotive Holdings Corporation
13.16 Zytek Group Limited
List of Tables
1 Global Electric Vehicle Traction Motor Market Outlook, By Region (2018-2027) ($MN)
2 Global Electric Vehicle Traction Motor Market Outlook, By Vehicle Type (2018-2027) ($MN)
3 Global Electric Vehicle Traction Motor Market Outlook, By Battery Electric Vehicles (BEV) (2018-2027) ($MN)
4 Global Electric Vehicle Traction Motor Market Outlook, By Full Hybrid Vehicles (2018-2027) ($MN)
5 Global Electric Vehicle Traction Motor Market Outlook, By Mild Hybrid Vehicles (2018-2027) ($MN)
6 Global Electric Vehicle Traction Motor Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEV) (2018-2027) ($MN)
7 Global Electric Vehicle Traction Motor Market Outlook, By Motor Type (2018-2027) ($MN)
8 Global Electric Vehicle Traction Motor Market Outlook, By Asynchronous Motors (ASM) (2018-2027) ($MN)
9 Global Electric Vehicle Traction Motor Market Outlook, By Hybrid Motors (HM) (2018-2027) ($MN)
10 Global Electric Vehicle Traction Motor Market Outlook, By Permanent Magnet Synchronous Motors (PSM) (2018-2027) ($MN)
11 Global Electric Vehicle Traction Motor Market Outlook, By Switched Reluctance Motor (SRM) (2018-2027) ($MN)
12 Global Electric Vehicle Traction Motor Market Outlook, By Type (2018-2027) ($MN)
13 Global Electric Vehicle Traction Motor Market Outlook, By Alternating Current (AC) (2018-2027) ($MN)
14 Global Electric Vehicle Traction Motor Market Outlook, By Direct Current (DC) (2018-2027) ($MN)
15 Global Electric Vehicle Traction Motor Market Outlook, By Motor Capacity (2018-2027) ($MN)
16 Global Electric Vehicle Traction Motor Market Outlook, By <40 kW (2018-2027) ($MN)
17 Global Electric Vehicle Traction Motor Market Outlook, By 40 kW to <80 kW (2018-2027) ($MN)
18 Global Electric Vehicle Traction Motor Market Outlook, By 80 kW (2018-2027) ($MN)
19 Global Electric Vehicle Traction Motor Market Outlook, By Voltage Rating (2018-2027) ($MN)
20 Global Electric Vehicle Traction Motor Market Outlook, By Low (2018-2027) ($MN)
21 Global Electric Vehicle Traction Motor Market Outlook, By High (2018-2027) ($MN)
22 Global Electric Vehicle Traction Motor Market Outlook, By Application (2018-2027) ($MN)
23 Global Electric Vehicle Traction Motor Market Outlook, By Electric Cars (2018-2027) ($MN)
24 Global Electric Vehicle Traction Motor Market Outlook, By Electric Buses (2018-2027) ($MN)
25 Global Electric Vehicle Traction Motor Market Outlook, By Electric Scooters (2018-2027) ($MN)
26 North America Electric Vehicle Traction Motor Market Outlook, By Country (2018-2027) ($MN)
27 North America Electric Vehicle Traction Motor Market Outlook, By Vehicle Type (2018-2027) ($MN)
28 North America Electric Vehicle Traction Motor Market Outlook, By Battery Electric Vehicles (BEV) (2018-2027) ($MN)
29 North America Electric Vehicle Traction Motor Market Outlook, By Full Hybrid Vehicles (2018-2027) ($MN)
30 North America Electric Vehicle Traction Motor Market Outlook, By Mild Hybrid Vehicles (2018-2027) ($MN)
31 North America Electric Vehicle Traction Motor Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEV) (2018-2027) ($MN)
32 North America Electric Vehicle Traction Motor Market Outlook, By Motor Type (2018-2027) ($MN)
33 North America Electric Vehicle Traction Motor Market Outlook, By Asynchronous Motors (ASM) (2018-2027) ($MN)
34 North America Electric Vehicle Traction Motor Market Outlook, By Hybrid Motors (HM) (2018-2027) ($MN)
35 North America Electric Vehicle Traction Motor Market Outlook, By Permanent Magnet Synchronous Motors (PSM) (2018-2027) ($MN)
36 North America Electric Vehicle Traction Motor Market Outlook, By Switched Reluctance Motor (SRM) (2018-2027) ($MN)
37 North America Electric Vehicle Traction Motor Market Outlook, By Type (2018-2027) ($MN)
38 North America Electric Vehicle Traction Motor Market Outlook, By Alternating Current (AC) (2018-2027) ($MN)
39 North America Electric Vehicle Traction Motor Market Outlook, By Direct Current (DC) (2018-2027) ($MN)
40 North America Electric Vehicle Traction Motor Market Outlook, By Motor Capacity (2018-2027) ($MN)
41 North America Electric Vehicle Traction Motor Market Outlook, By <40 kW (2018-2027) ($MN)
42 North America Electric Vehicle Traction Motor Market Outlook, By 40 kW to <80 kW (2018-2027) ($MN)
43 North America Electric Vehicle Traction Motor Market Outlook, By 80 kW (2018-2027) ($MN)
44 North America Electric Vehicle Traction Motor Market Outlook, By Voltage Rating (2018-2027) ($MN)
45 North America Electric Vehicle Traction Motor Market Outlook, By Low (2018-2027) ($MN)
46 North America Electric Vehicle Traction Motor Market Outlook, By High (2018-2027) ($MN)
47 North America Electric Vehicle Traction Motor Market Outlook, By Application (2018-2027) ($MN)
48 North America Electric Vehicle Traction Motor Market Outlook, By Electric Cars (2018-2027) ($MN)
49 North America Electric Vehicle Traction Motor Market Outlook, By Electric Buses (2018-2027) ($MN)
50 North America Electric Vehicle Traction Motor Market Outlook, By Electric Scooters (2018-2027) ($MN)
51 Europe Electric Vehicle Traction Motor Market Outlook, By Country (2018-2027) ($MN)
52 Europe Electric Vehicle Traction Motor Market Outlook, By Vehicle Type (2018-2027) ($MN)
53 Europe Electric Vehicle Traction Motor Market Outlook, By Battery Electric Vehicles (BEV) (2018-2027) ($MN)
54 Europe Electric Vehicle Traction Motor Market Outlook, By Full Hybrid Vehicles (2018-2027) ($MN)
55 Europe Electric Vehicle Traction Motor Market Outlook, By Mild Hybrid Vehicles (2018-2027) ($MN)
56 Europe Electric Vehicle Traction Motor Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEV) (2018-2027) ($MN)
57 Europe Electric Vehicle Traction Motor Market Outlook, By Motor Type (2018-2027) ($MN)
58 Europe Electric Vehicle Traction Motor Market Outlook, By Asynchronous Motors (ASM) (2018-2027) ($MN)
59 Europe Electric Vehicle Traction Motor Market Outlook, By Hybrid Motors (HM) (2018-2027) ($MN)
60 Europe Electric Vehicle Traction Motor Market Outlook, By Permanent Magnet Synchronous Motors (PSM) (2018-2027) ($MN)
61 Europe Electric Vehicle Traction Motor Market Outlook, By Switched Reluctance Motor (SRM) (2018-2027) ($MN)
62 Europe Electric Vehicle Traction Motor Market Outlook, By Type (2018-2027) ($MN)
63 Europe Electric Vehicle Traction Motor Market Outlook, By Alternating Current (AC) (2018-2027) ($MN)
64 Europe Electric Vehicle Traction Motor Market Outlook, By Direct Current (DC) (2018-2027) ($MN)
65 Europe Electric Vehicle Traction Motor Market Outlook, By Motor Capacity (2018-2027) ($MN)
66 Europe Electric Vehicle Traction Motor Market Outlook, By <40 kW (2018-2027) ($MN)
67 Europe Electric Vehicle Traction Motor Market Outlook, By 40 kW to <80 kW (2018-2027) ($MN)
68 Europe Electric Vehicle Traction Motor Market Outlook, By 80 kW (2018-2027) ($MN)
69 Europe Electric Vehicle Traction Motor Market Outlook, By Voltage Rating (2018-2027) ($MN)
70 Europe Electric Vehicle Traction Motor Market Outlook, By Low (2018-2027) ($MN)
71 Europe Electric Vehicle Traction Motor Market Outlook, By High (2018-2027) ($MN)
72 Europe Electric Vehicle Traction Motor Market Outlook, By Application (2018-2027) ($MN)
73 Europe Electric Vehicle Traction Motor Market Outlook, By Electric Cars (2018-2027) ($MN)
74 Europe Electric Vehicle Traction Motor Market Outlook, By Electric Buses (2018-2027) ($MN)
75 Europe Electric Vehicle Traction Motor Market Outlook, By Electric Scooters (2018-2027) ($MN)
76 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Country (2018-2027) ($MN)
77 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Vehicle Type (2018-2027) ($MN)
78 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Battery Electric Vehicles (BEV) (2018-2027) ($MN)
79 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Full Hybrid Vehicles (2018-2027) ($MN)
80 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Mild Hybrid Vehicles (2018-2027) ($MN)
81 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEV) (2018-2027) ($MN)
82 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Motor Type (2018-2027) ($MN)
83 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Asynchronous Motors (ASM) (2018-2027) ($MN)
84 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Hybrid Motors (HM) (2018-2027) ($MN)
85 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Permanent Magnet Synchronous Motors (PSM) (2018-2027) ($MN)
86 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Switched Reluctance Motor (SRM) (2018-2027) ($MN)
87 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Type (2018-2027) ($MN)
88 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Alternating Current (AC) (2018-2027) ($MN)
89 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Direct Current (DC) (2018-2027) ($MN)
90 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Motor Capacity (2018-2027) ($MN)
91 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By <40 kW (2018-2027) ($MN)
92 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By 40 kW to <80 kW (2018-2027) ($MN)
93 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By 80 kW (2018-2027) ($MN)
94 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Voltage Rating (2018-2027) ($MN)
95 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Low (2018-2027) ($MN)
96 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By High (2018-2027) ($MN)
97 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Application (2018-2027) ($MN)
98 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Electric Cars (2018-2027) ($MN)
99 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Electric Buses (2018-2027) ($MN)
100 Asia Pacific Electric Vehicle Traction Motor Market Outlook, By Electric Scooters (2018-2027) ($MN)
101 South America Electric Vehicle Traction Motor Market Outlook, By Country (2018-2027) ($MN)
102 South America Electric Vehicle Traction Motor Market Outlook, By Vehicle Type (2018-2027) ($MN)
103 South America Electric Vehicle Traction Motor Market Outlook, By Battery Electric Vehicles (BEV) (2018-2027) ($MN)
104 South America Electric Vehicle Traction Motor Market Outlook, By Full Hybrid Vehicles (2018-2027) ($MN)
105 South America Electric Vehicle Traction Motor Market Outlook, By Mild Hybrid Vehicles (2018-2027) ($MN)
106 South America Electric Vehicle Traction Motor Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEV) (2018-2027) ($MN)
107 South America Electric Vehicle Traction Motor Market Outlook, By Motor Type (2018-2027) ($MN)
108 South America Electric Vehicle Traction Motor Market Outlook, By Asynchronous Motors (ASM) (2018-2027) ($MN)
109 South America Electric Vehicle Traction Motor Market Outlook, By Hybrid Motors (HM) (2018-2027) ($MN)
110 South America Electric Vehicle Traction Motor Market Outlook, By Permanent Magnet Synchronous Motors (PSM) (2018-2027) ($MN)
111 South America Electric Vehicle Traction Motor Market Outlook, By Switched Reluctance Motor (SRM) (2018-2027) ($MN)
112 South America Electric Vehicle Traction Motor Market Outlook, By Type (2018-2027) ($MN)
113 South America Electric Vehicle Traction Motor Market Outlook, By Alternating Current (AC) (2018-2027) ($MN)
114 South America Electric Vehicle Traction Motor Market Outlook, By Direct Current (DC) (2018-2027) ($MN)
115 South America Electric Vehicle Traction Motor Market Outlook, By Motor Capacity (2018-2027) ($MN)
116 South America Electric Vehicle Traction Motor Market Outlook, By <40 kW (2018-2027) ($MN)
117 South America Electric Vehicle Traction Motor Market Outlook, By 40 kW to <80 kW (2018-2027) ($MN)
118 South America Electric Vehicle Traction Motor Market Outlook, By 80 kW (2018-2027) ($MN)
119 South America Electric Vehicle Traction Motor Market Outlook, By Voltage Rating (2018-2027) ($MN)
120 South America Electric Vehicle Traction Motor Market Outlook, By Low (2018-2027) ($MN)
121 South America Electric Vehicle Traction Motor Market Outlook, By High (2018-2027) ($MN)
122 South America Electric Vehicle Traction Motor Market Outlook, By Application (2018-2027) ($MN)
123 South America Electric Vehicle Traction Motor Market Outlook, By Electric Cars (2018-2027) ($MN)
124 South America Electric Vehicle Traction Motor Market Outlook, By Electric Buses (2018-2027) ($MN)
125 South America Electric Vehicle Traction Motor Market Outlook, By Electric Scooters (2018-2027) ($MN)
126 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Country (2018-2027) ($MN)
127 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Vehicle Type (2018-2027) ($MN)
128 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Battery Electric Vehicles (BEV) (2018-2027) ($MN)
129 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Full Hybrid Vehicles (2018-2027) ($MN)
130 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Mild Hybrid Vehicles (2018-2027) ($MN)
131 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Plug-in Hybrid Electric Vehicle (PHEV) (2018-2027) ($MN)
132 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Motor Type (2018-2027) ($MN)
133 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Asynchronous Motors (ASM) (2018-2027) ($MN)
134 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Hybrid Motors (HM) (2018-2027) ($MN)
135 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Permanent Magnet Synchronous Motors (PSM) (2018-2027) ($MN)
136 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Switched Reluctance Motor (SRM) (2018-2027) ($MN)
137 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Type (2018-2027) ($MN)
138 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Alternating Current (AC) (2018-2027) ($MN)
139 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Direct Current (DC) (2018-2027) ($MN)
140 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Motor Capacity (2018-2027) ($MN)
141 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By <40 kW (2018-2027) ($MN)
142 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By 40 kW to <80 kW (2018-2027) ($MN)
143 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By 80 kW (2018-2027) ($MN)
144 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Voltage Rating (2018-2027) ($MN)
145 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Low (2018-2027) ($MN)
146 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By High (2018-2027) ($MN)
147 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Application (2018-2027) ($MN)
148 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Electric Cars (2018-2027) ($MN)
149 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Electric Buses (2018-2027) ($MN)
150 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Electric Scooters (2018-2027) ($MN)
151 Middle East & Africa Electric Vehicle Traction Motor Market Outlook, By Railway (2018-2027) ($MN
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
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The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
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- Manufacturers
- Consumers
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