An automotive traction motor is generally used in electric vehicles and full hybrid vehicles for the propulsion of the vehicle on pure electric power. The traction motor is considered the heart of electric and hybrid vehicles. An automotive traction motor can also act as a generator; however, in motor mode, it converts electric energy from the battery into mechanical energy, and in generator mode, it converts mechanical energy into electrical energy such that the kinetic energy released during deceleration of the vehicle is converted into electrical energy and is utilized to charge the battery.

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By geography, the Asia Pacific is going to have a lucrative growth during the forecast period due to the rising population has led to a significant increase in demand for transportation connectivity. An all-around effort by the governments of various countries within the region to reduce greenhouse gases and the strong emphasis on reducing carbon emissions has led to a tremendous focus on manufacturing electric vehicles in the region.

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Some of the key players profiled in the Automotive Traction Motor Market include Zhongshan Broad-Ocean Motor Co., Ltd. BYD Company, MAHLE GmbH, Valeo, Tesla Inc., Shenzhen Megmeet, MITSUBA Corporation, Denso, Robert Bosch, Nidec Corporation, and Shenzhen Inovance Tech, Zhejiang Founder Motor Co., Ltd, Magna International, Johnson Electric, Eaton Corporation, Schaeffler Group, Continental AG, ZF Friedrichshafen AG, and BorgWarner.

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 2019, 2020, 2021, 2025, and 2028
- 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

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Related Markets:
1) https://www.strategymrc.com/report/automotive-fuel-cell-market
2) https://www.strategymrc.com/report/automotive-hypervisor-market

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