An electric vehicle is popularly known as EV,
use electric motors or the traction motors for propulsion and movement. An
electric vehicle is powered with a collector system, electricity generated from
vehicle or may be powered with a battery inside. The automotive industry is on
a verge of interruption by the new trends in mobility this include features
like electrification, connectivity and autonomous driving techniques.
Initiatives to develop a low- cost, fast charging battery technologies which
supports thelong-range use set to yield the promising results.
According to study, “Global
Electric Vehicles Components Market (Motors, Drives, Motor Control)”
some of the major companies that are currently working in the global electric
vehicles components market are BorgWarner Inc., Aisin Seiki Co. Ltd., A123
Systems, Aptiv Plc., Borgwarner Inc., Blue Energy Company Ltd. (Gs Yuasa),
Zhongshan Broad-Ocean Motor Co. Ltd., Robert Bosch GmbH, Siemens AG,
Continental AG, Bayerische Motoren Werke Aktiengesellschaft, Daimler AG, BYD
Company Ltd., Jing-Jin Electric Technologies Co., Ltd., China Automotive
Systems Inc., Magna International Inc., Maxwell Technologies Inc., Magneti
Marelli S.P.A., PrimearthEv Energy Co. Ltd., Automotive Energy Supply
Corporation, Mitsubishi Electric Corporation, Infineon Technologies, Microsemi
Corporation, Denso Corporation, Continental Automotive, Denso Corp., NSK Ltd.,
Continental Ag, Eaton Corp. Plc., Nidec Corporation, Energica Motor Company S.
p. A, Hitachi Automotive Systems, Ltd., Johnson Controls Inc., Jatco Ltd., Lg
Chem, Ltd., Ford Motor Company, Samsung Sdi Co., Ltd., Saft Groupe Sa, Fuji
Electric Co. Ltd., Valeo S.A., General Motors Company, UQM Technologies Inc.,
Yazaki Corp., Samsung SDI, Volkswagen AG, Toyota Motor Corp., Nissan Motor Co.,
Ltd., Visteon Corp., Panasonic Corporation, ZF Friedrichshafen Ag, Toyota Motor
Corporation, Keihin Corp., Tesla, Inc., MEIDENSHA CORPORATION, LG Electronics,
Shuanglin Group.
Based on the component, the electric vehicles
components market is segmented into vehicle body, battery pack, equipment,
chassis, drive-train and others. Based on motor type, the market is segmented
into induction motor and synchronous motor. Based on motor capacity, the market
is segmented into <40 KW, 40 KW to 80 KW and >80 KW. Based on propulsion
type, the market is segmented into Plug-in hybrid electric vehicle (PHEV),
Hybrid Electric Vehicle (HEV), Fuel Cell Electric Vehicle (FCEV) and Battery
Electric Vehicle (BEV). BEV runs on a battery & electric traction motor without
an Internal Combustion Engine (ICE). Based on the vehicle type, the market is
segmented into commercial vehicle, passenger car and two-wheeler vehicle. The
vehicle infrastructure market is segmented into tesla supercharger, normal
charge and chademo. In addition, the application, the market is segmented into
electric bus, electric car and electric scooter.
The market of electric vehicles components is
primarily driven by the increase in focus on the expanding electric vehicle
charging infrastructure, followed by increasing government initiatives on
electric vehicle adoption. Some of the restraints of market are lack of
awareness about potential cost benefits of electric vehicles and end-user
concerns on switching to electric vehicle. In addition, the changing urban
mobility is main opportunity for the market growth. Accepting a shared typical
EV standard for charging, followed by the subsidies, and extending the
associations with the entire value chain to promote and accept transition in
the technology development and economies of scale providing a platform for the
EV market development to support EV market development over the forecast
period. Moreover, it is estimated that the future of global electric vehicles
components market to be bright owing to increase in preference for
electrification of the public fleet.
For more information, click on the
link below:
https://www.kenresearch.com/automotive-transportation-and-warehousing/automotive-and-automotive-components/electric-vehicles-components/179005-100.html
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