Market Overview

Global Electric Vehicles (EV) Components Market 2018-2024 featuring BorgWarner, Continental, LG, Nidec, Siemens, Bosch, and More -


The "Global
Electric Vehicles Components Market (Motors, Drives, Motor Control)"

report has been added to's

The global electric vehicle traction motor market is expected to grow at
a CAGR of 30.9% during the forecast period 2018-2024.

The global electric vehicle (EV) traction motor market is expected to
witness significant growth during the forecast period. The market is
driven by increasing government initiatives on electric vehicle
adoption, increasing focus on expanding electric vehicle charging
infrastructure, and growing preference for electrification of the public

The Asia Pacific region is dominating in the global EV traction market
followed by Europe. In terms of revenue, Asia Pacific accounted for more
than 60% share and is projected to remain dominant during the forecast
period. This is mainly due to the expanding electric vehicle charging
infrastructure and increasing government initiatives, such as NEV policy
in China.

The report contains an in-depth analysis of vendor profiles, which
include financial health, business units, key business priorities, SWOT,
strategies, and views; and competitive landscape.

Market Dynamics


  • Government Initiatives on Electric Vehicle Adoption
  • Increasing Focus on Expanding Electric Vehicle Charging Infrastructure
  • Increasing Preference for Electrification of Public Fleet


  • End-User Concerns on Switching to Electric Vehicle
  • Lack of Awareness About Potential Cost Benefits of Electric Vehicles


  • Changing Urban Mobility

Companies Featured

  • BorgWarner Inc.
  • Continental AG
  • Jing-Jin Electric Technologies Co. Ltd.
  • LG Electronics
  • Meidensha Corp.
  • Nidec Corporation
  • Robert Bosch GmbH
  • Shuanglin Group
  • Siemens AG
  • Zhongshan Broad-Ocean Motor Co. Ltd.

Key Topics Covered

1 Report Summary

2 Report Outline

3 Market Snapshot

4 Market Outlook

5 Market Characteristics

6 Motor Type: Market Size and Analysis

7 Motor Capacity: Market Size & Analysis

8 Vehicle Type: Market Size & Analysis

9 Application: Market Size & Analysis

10 Regions: Market Size & Analysis

11 Vendor Profiles

12 Companies to Watch For

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