The Europe Electric Vehicle Motor Market would witness market growth of 19.7% CAGR during the forecast period (2022-2028).
The rotor of BLDC interacts with the RMF of the stator in the same way. Instead, it has six large copper lobes that are powered by a DC battery to produce the required EMF. This requires spring-loaded and slip-ring brushes on the shaft of the rotor. The array of the brush is contained in a separate container, with simple access provided by a removable lid. The problems of growing rare-earth prices and the negative effects of mining are avoided because there are no permanent magnets. Further optimization is made feasible by this scheme's flexibility in the magnetic field strength of the rotor.
As the number of electric vehicles increases, the market for electric vehicle motors is predicted to grow quickly due to benefits such as zero discharges, cheap maintenance costs, computerized control, and high proficiency. These engines are used in bikes that at least have one electric motor, while traveler and commercial vehicles typically have two or more electric motors, depending on the size and purpose of the vehicle.
Many countries have established stringent release limits to reduce GHG emissions and so control the causes of unnatural weather changes induced by anthropological activities. In this approach, it is foreseeable that automakers will need to produce zero-release automobiles in order to adhere to harsher spread regulations. Rapid urbanization, which raises the importance of transportation options like electric cars, is a major factor influencing the market growth. Electric cars are both more cost-effective and less damaging to the environment than conventional cars.
There have been significant improvements in the scope of facilities that are currently deployed since the government first began financing the UK charging point sector in 2010. The majority of EVs can currently be charged at any device on the public network in the UK owing to increasing connector standardization. The supply chain is expanding quickly, and novel business models are consistently appearing. Examples include peer-to-peer solutions and roving charging services, which monitor the charging requirements and send out a technician to recharge the car when customers need it. The manufacturing of EVs would therefore increase as a result of the region's strong automotive sector, which would also fuel the expansion of the local electric vehicle motor market.
The Germany market dominated the Europe Electric Vehicle Motor Market by Country in 2021; thereby, achieving a market value of $1,232.3 Million by 2028. The UK market is exhibiting a CAGR of 18.6% during (2022 - 2028). Additionally, The France market would experience a CAGR of 20.7% during (2022 - 2028).
Based on Type, the market is segmented into AC Motor and DC Motor. Based on Application, the market is segmented into Passenger Cars and Commercial Vehicles. Based on Electric Vehicle Type, the market is segmented into Battery Electric Vehicle, Plugin Hybrid Vehicle and Hybrid Vehicle. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Electric Vehicle Motor Market will Hit $19.2 Billion by 2028, at a CAGR of 20.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bühler Motor GmbH, Inteva Products, LLC (The Renco Group Inc), Mabuchi Motor Co., Ltd., Johnson Electric Holdings Limited, Continental AG, Denso Corporation, Magna International, Inc., Robert Bosch GmbH, Nidec Corporation and MITSUBA Corporation
Scope of the Study
Market Segments Covered in the Report:
By Type
By Application
- Passenger Cars
- Commercial Vehicles
By Electric Vehicle Type
- Battery Electric Vehicle
- Plugin Hybrid Vehicle
- Hybrid Vehicle
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Bühler Motor GmbH
- Inteva Products, LLC (The Renco Group Inc)
- Mabuchi Motor Co., Ltd.
- Johnson Electric Holdings Limited
- Continental AG
- Denso Corporation
- Magna International, Inc.
- Robert Bosch GmbH
- Nidec Corporation
- MITSUBA Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Electric Vehicle Motor Market, by Type
1.4.2 Europe Electric Vehicle Motor Market, by Application
1.4.3 Europe Electric Vehicle Motor Market, by Electric Vehicle Type
1.4.4 Europe Electric Vehicle Motor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
Chapter 4. Europe Electric Vehicle Motor Market by Type
4.1 Europe AC Motor Market by Country
4.2 Europe DC Motor Market by Country
Chapter 5. Europe Electric Vehicle Motor Market by Application
5.1 Europe Passenger Cars Market by Country
5.2 Europe Commercial Vehicles Market by Country
Chapter 6. Europe Electric Vehicle Motor Market by Electric Vehicle Type
6.1 Europe Battery Electric Vehicle Market by Country
6.2 Europe Plugin Hybrid Vehicle Market by Country
6.3 Europe Hybrid Vehicle Market by Country
Chapter 7. Europe Electric Vehicle Motor Market by Country
7.1 Germany Electric Vehicle Motor Market
7.1.1 Germany Electric Vehicle Motor Market by Type
7.1.2 Germany Electric Vehicle Motor Market by Application
7.1.3 Germany Electric Vehicle Motor Market by Electric Vehicle Type
7.2 UK Electric Vehicle Motor Market
7.2.1 UK Electric Vehicle Motor Market by Type
7.2.2 UK Electric Vehicle Motor Market by Application
7.2.3 UK Electric Vehicle Motor Market by Electric Vehicle Type
7.3 France Electric Vehicle Motor Market
7.3.1 France Electric Vehicle Motor Market by Type
7.3.2 France Electric Vehicle Motor Market by Application
7.3.3 France Electric Vehicle Motor Market by Electric Vehicle Type
7.4 Russia Electric Vehicle Motor Market
7.4.1 Russia Electric Vehicle Motor Market by Type
7.4.2 Russia Electric Vehicle Motor Market by Application
7.4.3 Russia Electric Vehicle Motor Market by Electric Vehicle Type
7.5 Spain Electric Vehicle Motor Market
7.5.1 Spain Electric Vehicle Motor Market by Type
7.5.2 Spain Electric Vehicle Motor Market by Application
7.5.3 Spain Electric Vehicle Motor Market by Electric Vehicle Type
7.6 Italy Electric Vehicle Motor Market
7.6.1 Italy Electric Vehicle Motor Market by Type
7.6.2 Italy Electric Vehicle Motor Market by Application
7.6.3 Italy Electric Vehicle Motor Market by Electric Vehicle Type
7.7 Rest of Europe Electric Vehicle Motor Market
7.7.1 Rest of Europe Electric Vehicle Motor Market by Type
7.7.2 Rest of Europe Electric Vehicle Motor Market by Application
7.7.3 Rest of Europe Electric Vehicle Motor Market by Electric Vehicle Type
Chapter 8. Company Profiles
8.1 Mabuchi Motor Co., Ltd.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Regional Analysis
8.1.4 Recent strategies and developments:
8.1.4.1 Acquisition and Mergers:
8.2 Johnson Electric Holdings Limited
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Recent strategies and developments:
8.2.4.1 Product Launches and Product Expansions:
8.2.5 SWOT Analysis
8.3 Continental AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Product Launches and Product Expansions:
8.3.6 SWOT Analysis
8.4 Denso Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.5 Magna International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisitions, Mergers, and Joint Ventures:
8.6 Robert Bosch GmbH
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Partnerships, Collaborations, and Agreements:
8.6.5.2 Acquisition and Mergers:
8.6.6 SWOT Analysis
8.7 MITSUBA Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research & Development Expenses
8.8 Nidec Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.8.5 Recent Strategies and Developments:
8.8.5.1 Acquisitions and Mergers:
8.8.6 SWOT Analysis
8.9 Bühler Motor GmbH
8.9.1 Company Overview
8.10. Inteva Products, LLC (The Renco Group, Inc.)
8.10.1 Company Overview
TABLE 1 Europe Electric Vehicle Motor Market, 2018 - 2021, USD Million
TABLE 2 Europe Electric Vehicle Motor Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Electric Vehicle Motor Market
TABLE 4 Product Launches And Product Expansions – Electric Vehicle Motor Market
TABLE 5 Acquisition and Mergers – Electric Vehicle Motor Market
TABLE 6 Europe Electric Vehicle Motor Market by Type, 2018 - 2021, USD Million
TABLE 7 Europe Electric Vehicle Motor Market by Type, 2022 - 2028, USD Million
TABLE 8 Europe AC Motor Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe AC Motor Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe DC Motor Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe DC Motor Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Electric Vehicle Motor Market by Application, 2018 - 2021, USD Million
TABLE 13 Europe Electric Vehicle Motor Market by Application, 2022 - 2028, USD Million
TABLE 14 Europe Passenger Cars Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe Passenger Cars Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Commercial Vehicles Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Commercial Vehicles Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Electric Vehicle Motor Market by Electric Vehicle Type, 2018 - 2021, USD Million
TABLE 19 Europe Electric Vehicle Motor Market by Electric Vehicle Type, 2022 - 2028, USD Million
TABLE 20 Europe Battery Electric Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Battery Electric Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Plugin Hybrid Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Plugin Hybrid Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Hybrid Vehicle Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Hybrid Vehicle Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Electric Vehicle Motor Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Electric Vehicle Motor Market by Country, 2022 - 2028, USD Million
TABLE 28 Germany Electric Vehicle Motor Market, 2018 - 2021, USD Million
TABLE 29 Germany Electric Vehicle Motor Market, 2022 - 2028, USD Million
TABLE 30 Germany Electric Vehicle Motor Market by Type, 2018 - 2021, USD Million
TABLE 31 Germany Electric Vehicle Motor Market by Type, 2022 - 2028, USD Million
TABLE 32 Germany Electric Vehicle Motor Market by Application, 2018 - 2021, USD Million
TABLE 33 Germany Electric Vehicle Motor Market by Application, 2022 - 2028, USD Million
TABLE 34 Germany Electric Vehicle Motor Market by Electric Vehicle Type, 2018 - 2021, USD Million
TABLE 35 Germany Electric Vehicle Motor Market by Electric Vehicle Type, 2022 - 2028, USD Million
TABLE 36 UK Electric Vehicle Motor Market, 2018 - 2021, USD Million
TABLE 37 UK Electric Vehicle Motor Market, 2022 - 2028, USD Million
TABLE 38 UK Electric Vehicle Motor Market by Type, 2018 - 2021, USD Million
TABLE 39 UK Electric Vehicle Motor Market by Type, 2022 - 2028, USD Million
TABLE 40 UK Electric Vehicle Motor Market by Application, 2018 - 2021, USD Million
TABLE 41 UK Electric Vehicle Motor Market by Application, 2022 - 2028, USD Million
TABLE 42 UK Electric Vehicle Motor Market by Electric Vehicle Type, 2018 - 2021, USD Million
TABLE 43 UK Electric Vehicle Motor Market by Electric Vehicle Type, 2022 - 2028, USD Million
TABLE 44 France Electric Vehicle Motor Market, 2018 - 2021, USD Million
TABLE 45 France Electric Vehicle Motor Market, 2022 - 2028, USD Million
TABLE 46 France Electric Vehicle Motor Market by Type, 2018 - 2021, USD Million
TABLE 47 France Electric Vehicle Motor Market by Type, 2022 - 2028, USD Million
TABLE 48 France Electric Vehicle Motor Market by Application, 2018 - 2021, USD Million
TABLE 49 France Electric Vehicle Motor Market by Application, 2022 - 2028, USD Million
TABLE 50 France Electric Vehicle Motor Market by Electric Vehicle Type, 2018 - 2021, USD Million
TABLE 51 France Electric Vehicle Motor Market by Electric Vehicle Type, 2022 - 2028, USD Million
TABLE 52 Russia Electric Vehicle Motor Market, 2018 - 2021, USD Million
TABLE 53 Russia Electric Vehicle Motor Market, 2022 - 2028, USD Million
TABLE 54 Russia Electric Vehicle Motor Market by Type, 2018 - 2021, USD Million
TABLE 55 Russia Electric Vehicle Motor Market by Type, 2022 - 2028, USD Million
TABLE 56 Russia Electric Vehicle Motor Market by Application, 2018 - 2021, USD Million
TABLE 57 Russia Electric Vehicle Motor Market by Application, 2022 - 2028, USD Million
TABLE 58 Russia Electric Vehicle Motor Market by Electric Vehicle Type, 2018 - 2021, USD Million
TABLE 59 Russia Electric Vehicle Motor Market by Electric Vehicle Type, 2022 - 2028, USD Million
TABLE 60 Spain Electric Vehicle Motor Market, 2018 - 2021, USD Million
TABLE 61 Spain Electric Vehicle Motor Market, 2022 - 2028, USD Million
TABLE 62 Spain Electric Vehicle Motor Market by Type, 2018 - 2021, USD Million
TABLE 63 Spain Electric Vehicle Motor Market by Type, 2022 - 2028, USD Million
TABLE 64 Spain Electric Vehicle Motor Market by Application, 2018 - 2021, USD Million
TABLE 65 Spain Electric Vehicle Motor Market by Application, 2022 - 2028, USD Million
TABLE 66 Spain Electric Vehicle Motor Market by Electric Vehicle Type, 2018 - 2021, USD Million
TABLE 67 Spain Electric Vehicle Motor Market by Electric Vehicle Type, 2022 - 2028, USD Million
TABLE 68 Italy Electric Vehicle Motor Market, 2018 - 2021, USD Million
TABLE 69 Italy Electric Vehicle Motor Market, 2022 - 2028, USD Million
TABLE 70 Italy Electric Vehicle Motor Market by Type, 2018 - 2021, USD Million
TABLE 71 Italy Electric Vehicle Motor Market by Type, 2022 - 2028, USD Million
TABLE 72 Italy Electric Vehicle Motor Market by Application, 2018 - 2021, USD Million
TABLE 73 Italy Electric Vehicle Motor Market by Application, 2022 - 2028, USD Million
TABLE 74 Italy Electric Vehicle Motor Market by Electric Vehicle Type, 2018 - 2021, USD Million
TABLE 75 Italy Electric Vehicle Motor Market by Electric Vehicle Type, 2022 - 2028, USD Million
TABLE 76 Rest of Europe Electric Vehicle Motor Market, 2018 - 2021, USD Million
TABLE 77 Rest of Europe Electric Vehicle Motor Market, 2022 - 2028, USD Million
TABLE 78 Rest of Europe Electric Vehicle Motor Market by Type, 2018 - 2021, USD Million
TABLE 79 Rest of Europe Electric Vehicle Motor Market by Type, 2022 - 2028, USD Million
TABLE 80 Rest of Europe Electric Vehicle Motor Market by Application, 2018 - 2021, USD Million
TABLE 81 Rest of Europe Electric Vehicle Motor Market by Application, 2022 - 2028, USD Million
TABLE 82 Rest of Europe Electric Vehicle Motor Market by Electric Vehicle Type, 2018 - 2021, USD Million
TABLE 83 Rest of Europe Electric Vehicle Motor Market by Electric Vehicle Type, 2022 - 2028, USD Million
TABLE 84 Key Information – Mabuchi Motor Co., Ltd.
TABLE 85 Key Information – Johnson Electric Holdings Limited
TABLE 86 Key Information – Continental AG
TABLE 87 key information – Denso Corporation
TABLE 88 Key Information – Magna International, Inc.
TABLE 89 key information – Robert Bosch GmbH
TABLE 90 Key Information – MITSUBA Corporation
TABLE 91 Key Information – Nidec Corporation
TABLE 92 Key Information – Bühler Motor GmbH
TABLE 93 Key Information – Inteva Products, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 SWOT Analysis: Johnson Electric Holdings Limited
FIG 5 SWOT Analysis: Continental AG
FIG 6 Recent strategies and developments: Denso Corporation
FIG 7 Swot analysis: Robert Bosch GmbH
FIG 8 SWOT Analysis: Nidec Corporation