US electric vehicle motor market is expected to augment at a CAGR of more than 15% during the forecast period. in 2019, around, 325,000 EVs were sold, which is around 2% of the total vehicle sales in the country. The presence of major market players is one of the major factors motivating the market as they are constructing new EV manufacturing units. Tesla is one of the major US-based players of EV globally whose sales are increasing continuously. Some of the major market players in the country include ABB Ltd., BorgWarner Inc., Nidec Corp., Parker-Hannifin Corp., Protean Electric, Robert Bosch GmbH, Siemens AG, Valeo SA, and others.
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US Electric Car Market Market Segmentation
By Motor Type
DC Motor
AC Motor
By Propulsion Technology
Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)
By Vehicle Type
Passenger Cars
Commercial Vehicle
Other
Company Profiles
ABB Ltd.
BorgWarner Inc.
Continental AG
Hitachi Automotive Systems, Ltd.
Nidec Corp.
Parker-Hannifin Corp.
Protean Electric
Robert Bosch GmbH
Siemens AG
SKF AB
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Historical & Forecast Period
The report titled "US Electric Vehicle Motor Market" offers an overview of the electric vehicle motor industry covering market definitions, product classifications, and key vendors in the industry chain structure. The quantitative and qualitative analysis is provided for the US EV motor market considering competitive landscape, current market trends, and key driving factors prevailing in the EV motor industry.
2018 – Base Year for EV motor Market
2019-2025 – Forecast Period for EV motor Market
Scope of Electric Vehicle Motor Market Report
The research study analyzes US electric vehicle motor industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects such as recent developments, market overview, and growth analysis, import and export overview, volume analysis, current market trends and future outlook, market opportunistic and attractive investment segment.
The report will include market analysis of electric vehicle motor which includes Business to Business (B2B) transactions for electric vehicle motors as well as aftermarket of electric vehicle motor. The market value has been determined by analyzing the revenue generated by the companies solely. R&D, any third-party channel cost, consulting cost and any other cost except company revenue has been neglected during the analysis of the market. A comprehensive analysis will be provided covering the following points in the report:
Executive Market Summary
Scope of the Report
Key Finding and Recommendations
Growth and Investment Opportunities
Market Value Chain/Supply Chain Analysis
Market Attractive Investment Proposition
Competitive landscape and SWOT Analysis
Market Segmentation Outlook
Regional Outlook
Company Profiles of Key Players
Electric Vehicle Motor Market Target Audience
Motor Manufacturer
Automakers
Auto-Ancillary
Suppliers and Distributors
Venture Capitalist
Government & other Regulatory Bodies
Research Institutes and Organizations
Company Profiles
ABB Ltd.
BorgWarner Inc.
Continental AG
Hitachi Automotive Systems, Ltd.
Nidec Corp.
Parker-Hannifin Corp.
Protean Electric
Robert Bosch GmbH
Siemens AG
SKF AB
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