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Electric Vehicle Traction Motor Market By Electric Vehicle Type (Battery Electric Vehicle (BEV), Hybrid & Plug-in Hybrid Electric Vehicle (HEV & PHEV), Fuel Cell, Electric Vehicle (FCEV)), By Motor Type (Permanent Magnet Synchronous Motor (PMSM), Induction/Asynchronous Motor, Switched Reluctance Motor (SRM)), By Vehicle Type (Passenger Vehicle, Commercial Vehicle) – Growth, Share, Opportunities & Competitive Analysis, 2019 -2027

Summary
Table Of Content

Market Inshights

Rapid Growth in Real-time Monitoring predicted to uplift the Global Distributed Fiber Optic Sensor Market.

The globally distributed fiber optic sensor market stood at US$ 1,027.3 Mn in 2018 and is expected to reach US$ 2,698.2 Mn by 2027, expanding at a CAGR of 11.4% during the year forecast from 2019 to 2027.

Distributed fiber optic sensing is a novel technology that has gained a prominent pace in the recent past. The prime factor attributed to the market growth is its disruptive capabilities, such as real-time and continuous measurement of the physical parameters such as temperature, strain, pressure, and others. In addition, a surge in demand for real-time sensors to detect the fault and risks prior to its period to prevent damages has flourished the market growth prominently. These days, distributed fiber optic sensors are largely used for pipeline monitoring in the oil & gas industry, infrastructure monitoring, geotechnical monitoring, electric power & substation monitoring, and many others.

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Market Synopsis

Rayleigh Scattering Effect expected to witness a Flourishing Growth during the Forecast Period.

The Raman scattering effect led the globally distributed fiber optic sensor market in 2018 and is anticipated to follow the same trend over the forecast period. This scattering process is widely preferred because of its accuracy in the measurement of physical parameters along with its ability to uphold the balance between a range in which it senses the physical parameters. In the wake of the same, the Raman scattering effect seeks lucrative growth in civil and oil & gas applications.

On the other hand, the Rayleigh scattering effect is expected to grow at the highest rate during the forecast period. The prime factor accounting for the escalating segment growth is high sensitivity. The sensor has almost equal sensitivity for any changes in the parameters such as temperature, pressure, strain, and others. In addition, this scattering process is used to track the propagating effect, which helps in analyzing various parameters.

End-use Industry Analysis

Oil & Gas Captured Lucrative Market Revenue Share in the year 2018.

In 2018, the oil & gas industry dominated the globally distributed fiber optic sensor market in terms of revenue share. Increasing adoption of distributed sensing technology in pipeline monitoring and infrastructure health monitoring accounts for the prime factor contributing to the significant segment growth. Furthermore, increasing research & development for pipeline monitoring and gas leakage detection is anticipated to portray the oil & gas industry as the largest user of distributed fiber optical sensors during the forecast period.

Regional Analysis

North America Acquired Maximum Revenue Share in the Global Distributed Fiber Optic Sensor Market in the year 2018.

North America acquired the largest revenue share among the globally distributed fiber optic sensor market in 2018. Increasing spending on oil & gas pipeline projects coupled with the presence of the longest oil & gas pipeline network of 2,034,065.0 km in the region contributed majorly to the significant regional growth. In addition, the proposed capital spending on North American pipelines is expected to reach US$ 232.5 Bn by 2025, raising a third of the global pipeline capacity. All the above parameters constitute the region’s burgeoning oil & gas industry.

Key Players & Competitive Landscape:

Rising Investment on Research & Development will spur the Competition among Market Players.

The globally distributed fiber optic sensor market is an emerging market with high competition. Increasing adoption of distributed fiber optic sensors across various verticals over the recent past has forced market competitors to develop new products as per consumer requirements. Today, distributed sensing technology is also used in transportation monitoring. Therefore, market players invest significantly in the research & development of their products.

List of Companies Covered:

Schlumberger Limited
Weatherford International Plc
Halliburton Company
Omnisens SA
Brugg Kabel AG
Yokogawa Electric Corporation
OFS Fitel LLC
Luna Innovations Incorporated
AFL
Ziebel AS
QinetiQ Group Plc
Handweaver
AP Sensing GmbH

Key Industry Development:

On September 19, 2018, Yokogawa Electric Corporation announced the launch of DTSX1, a fiber optic heat detector. The new solution provides real-time heat sensing and fire detection capability. In addition, it is cost-effective, easy to install, and has data measuring capability from four cables up to 16 Km distance. With this new product launch, Yokogawa Electric Corp. targets power, chemical, iron & steel, pulp & Paper, non-ferrous metal, and oil & gas industries.
On July 10, 2017, AFL introduced FS200-60 Live PON Troubleshooting OTDR, a new member in its FlexScan family of pocket-sized OTDR. The new FS200-60 includes a Visual Fault Locator (VFL), 1650 nm filtered OTDR, optional Bluetooth, and an optional power meter.

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Historical & Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment was calculated for the forecast period from 2019 to 2027.

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.3.4. Approach Adopted
1.3.4.1. Top-Down Approach
1.3.4.2. Bottom-Up Approach
1.3.5. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Market Snapshot: Global Electric Vehicle Traction Motor Market
2.2. Global EVTM Market, by Electric Vehicle Type, 2018 (US$ Bn)
2.3. Global EVTM Market, by Motor Type, 2018 (US$ Bn)
2.4. Global EVTM Market, by Vehicle Type, 2018 (US$ Bn)
2.5. Global EVTM Market, by Geography, 2018 (US$ Bn)

3. Market Dynamics
3.1. Introduction
3.1.1. Global EVTM Market Value, 2017-2027, (US$ Bn)
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Restraints
3.3. Attractive Investment Proposition, by Geography, 2018
3.4. Market Positioning of Key Players, 2018
3.4.1. Major Strategies Adopted by Key Players

4. Global Electric Vehicle Traction Motor (EVTM) Market, by Electric Vehicle Type, 2017-2027 (US$ Bn)
4.1. Overview
4.2. Battery Electric Vehicle (BEV)
4.3. Hybrid & Plug-in Hybrid Electric Vehicle (HEV & PHEV)
4.4. Fuel Cell Electric Vehicle (FCEV)

5. Global Electric Vehicle Traction Motor (EVTM) Market, by Motor Type, 2017-2027 (US$ Bn)
5.1. Overview
5.2. Permanent Magnet Synchronous Motor (PMSM)
5.3. Induction/Asynchronous Motor
5.4. Switched Reluctance Motor (SRM)

6. Global Electric Vehicle Traction Motor (EVTM) Market, by Vehicle Type, 2017-2027 (US$ Bn)
6.1. Overview
6.2. Passenger Vehicle
6.3. Commercial Vehicle

7. North America Electric Vehicle Traction Motor (EVTM) Market Analysis, 2017-2027 (US$ Bn)
7.1. Overview
7.1.1. North America EVTM Market Value, 2017-2027, (US$ Bn)
7.2. North America EVTM Market Value, By Electric Vehicle Type, 2017-2027 (US$ Bn)
7.2.1. Battery Electric Vehicle (BEV)
7.2.2. Hybrid & Plug-in Hybrid Electric Vehicle (HEV & PHEV)
7.2.3. Fuel Cell Electric Vehicle (FCEV)
7.3. North America EVTM Market Value, By Motor Type, 2017-2027 (US$ Bn)
7.3.1. Permanent Magnet Synchronous Motor (PMSM)
7.3.2. Induction/Asynchronous Motor
7.3.3. Switched Reluctance Motor (SRM)
7.4. North America EVTM Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
7.4.1. Passenger Vehicle
7.4.2. Commercial Vehicle
7.5. North America EVTM Market Value, By Country/ Region, 2017-2027 (US$ Bn)
7.5.1. Market Analysis
7.5.2. U.S.
7.5.3. Rest of North America

8. Europe Electric Vehicle Traction Motor (EVTM) Market Analysis, 2017-2027 (US$ Bn)
8.1. Overview
8.1.1. Europe EVTM Market Value, 2017-2027, (US$ Bn)
8.2. Europe EVTM Market Value, By Electric Vehicle Type, 2017-2027 (US$ Bn)
8.2.1. Battery Electric Vehicle (BEV)
8.2.2. Hybrid & Plug-in Hybrid Electric Vehicle (HEV & PHEV)
8.2.3. Fuel Cell Electric Vehicle (FCEV)
8.3. Europe EVTM Market Value, By Motor Type, 2017-2027 (US$ Bn)
8.3.1. Permanent Magnet Synchronous Motor (PMSM)
8.3.2. Induction/Asynchronous Motor
8.3.3. Switched Reluctance Motor (SRM)
8.4. Europe EVTM Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
8.4.1. Passenger Vehicle
8.4.2. Commercial Vehicle
8.5. Europe EVTM Market Value, By Country/ Region, 2017-2027 (US$ Bn)
8.5.1. Market Analysis
8.5.2. U.K.
8.5.3. Germany
8.5.4. France
8.5.5. Rest of Europe

9. Asia Pacific Electric Vehicle Traction Motor (EVTM) Market Analysis, 2017-2027 (US$ Bn)
9.1. Overview
9.1.1. Asia Pacific EVTM Market Value, 2017-2027, (US$ Bn)
9.2. Asia Pacific EVTM Market Value, By Electric Vehicle Type, 2017-2027 (US$ Bn)
9.2.1. Battery Electric Vehicle (BEV)
9.2.2. Hybrid & Plug-in Hybrid Electric Vehicle (HEV & PHEV)
9.2.3. Fuel Cell Electric Vehicle (FCEV)
9.3. Asia Pacific EVTM Market Value, By Motor Type, 2017-2027 (US$ Bn)
9.3.1. Permanent Magnet Synchronous Motor (PMSM)
9.3.2. Induction/Asynchronous Motor
9.3.3. Switched Reluctance Motor (SRM)
9.4. Asia Pacific EVTM Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
9.4.1. Passenger Vehicle
9.4.2. Commercial Vehicle
9.5. Asia Pacific EVTM Market Value, By Country/ Region, 2017-2027 (US$ Bn)
9.5.1. Market Analysis
9.5.2. Japan
9.5.3. China
9.5.4. India
9.5.5. Rest of Asia Pacific

10. Rest of the World Electric Vehicle Traction Motor (EVTM) Market Analysis, 2017-2027 (US$ Bn)
10.1. Overview
10.1.1. Rest of the World EVTM Market Value, 2017-2027, (US$ Bn)
10.2. Rest of the World EVTM Market Value, By Electric Vehicle Type, 2017-2027 (US$ Bn)
10.2.1. Battery Electric Vehicle (BEV)
10.2.2. Hybrid & Plug-in Hybrid Electric Vehicle (HEV & PHEV)
10.2.3. Fuel Cell Electric Vehicle (FCEV)
10.3. Rest of the World EVTM Market Value, By Motor Type, 2017-2027 (US$ Bn)
10.3.1. Permanent Magnet Synchronous Motor (PMSM)
10.3.2. Induction/Asynchronous Motor
10.3.3. Switched Reluctance Motor (SRM)
10.4. Rest of the World EVTM Market Value, By Vehicle Type, 2017-2027 (US$ Bn)
10.4.1. Passenger Vehicle
10.4.2. Commercial Vehicle
10.5. Rest of the World Electric Vehicle Traction Motor Market Value, By Region, 2017-2027 (US$ Bn)
10.5.1. Market Analysis
10.5.2. Middle East & Africa
10.5.3. Latin America

11. Company Profiles
11.1. Parker-Hannifin Corp.
11.2. ABB Limited
11.3. SKF AB
11.4. Continental AG
11.5. Robert Bosch GMBH
11.6. ZF Friedrichshafen AG
11.7. EMWorks Inc.
11.8. YASA Motors Ltd.
11.9. Nidec Corporation
11.10. Hitachi Ltd.
11.11. Zytek Group Limited.
11.12. Avid Technology Limited

List of Figures

FIG. 1 Global Electric Vehicle Traction Motor (EVTM) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 Global EVTM Market Segmentation
FIG. 4 Global EVTM Market, by Electric Vehicle Type, 2018 (US$ Bn)
FIG. 5 Global EVTM Market, by Motor Type, 2018 (US$ Bn)
FIG. 6 Global EVTM Market, by Vehicle Type, 2018 (US$ Bn)
FIG. 7 Global EVTM Market, by Geography, 2018 (US$ Bn)
FIG. 8 Attractive Investment Proposition, by Geography, 2018
FIG. 9 Global Market Positioning of Key EVTM Market Players, 2018
FIG. 10 Global EVTM Market Value Share, by Electric Vehicle Type, 2018 & 2027 (Value %)
FIG. 11 Global EVTM Market for Battery Electric Vehicle (BEV), 2017–2027 (US$ Bn)
FIG. 12 Global EVTM Market for Hybrid & Plug-in Hybrid Electric Vehicle (HEV & PHEV), 2017–2027 (US$ Bn)
FIG. 13 Global EVTM Market for Fuel Cell Electric Vehicle (FCEV), 2017–2027 (US$ Bn)
FIG. 14 Global EVTM Market Value Share, by Motor Type, 2018 & 2027 (Value %)
FIG. 15 Global EVTM Market for Permanent Magnet Synchronous Motor (PMSM), 2017–2027 (US$ Bn)
FIG. 16 Global EVTM Market for Induction/Asynchronous Motor, 2017–2027 (US$ Bn)
FIG. 17 Global EVTM Market for Switched Reluctance Motor (SRM), 2017–2027 (US$ Bn)
FIG. 18 Global EVTM Market Value Share, by Vehicle Type, 2018 & 2027 (Value %)
FIG. 19 Global EVTM Market for Passenger Vehicle, 2017–2027 (US$ Bn)
FIG. 20 Global EVTM Market for Commercial Vehicle, 2017–2027 (US$ Bn)
FIG. 21 North America EVTM Market, 2017–2027 (US$ Bn)
FIG. 22 Europe EVTM Market, 2017–2027 (US$ Bn)
FIG. 23 Asia Pacific EVTM Market, 2017–2027 (US$ Bn)
FIG. 24 RoW EVTM Market, 2017–2027 (US$ Bn)

List of Tables

TABLE 1 Market Snapshot: Global Electric Vehicle Traction Motor (EVTM) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 Global EVTM Market, by Electric Vehicle Type, 2017–2027 (US$ Bn)
TABLE 5 Global EVTM Market, by Motor Type, 2017–2027 (US$ Bn)
TABLE 6 Global EVTM Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 7 Global EVTM Market, by Geography, 2017–2027 (US$ Bn)
TABLE 8 North America EVTM Market, by Electric Vehicle Type, 2017–2027 (US$ Bn)
TABLE 9 North America EVTM Market, by Motor Type, 2017–2027 (US$ Bn)
TABLE 10 North America EVTM Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 11 North America EVTM Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 12 Europe EVTM Market, by Electric Vehicle Type, 2017–2027 (US$ Bn)
TABLE 13 Europe EVTM Market, by Motor Type, 2017–2027 (US$ Bn)
TABLE 14 Europe EVTM Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 15 Europe EVTM Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 16 Asia Pacific EVTM Market, by Electric Vehicle Type, 2017–2027 (US$ Bn)
TABLE 17 Asia Pacific EVTM Market, by Motor Type, 2017–2027 (US$ Bn)
TABLE 18 Asia Pacific EVTM Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 19 Asia Pacific EVTM Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 20 Rest of the World EVTM Market, by Electric Vehicle Type, 2017–2027 (US$ Bn)
TABLE 21 Rest of the World EVTM Market, by Motor Type, 2017–2027 (US$ Bn)
TABLE 22 Rest of the World EVTM Market, by Vehicle Type, 2017–2027 (US$ Bn)
TABLE 23 Rest of the World EVTM Market, by Country/ Region, 2017–2027 (US$ Bn)
TABLE 24 Parker-Hannifin Corp.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 ABB Limited: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 SKF AB: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 27 Continental AG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 28 Robert Bosch GMBH: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 29 ZF Friedrichshafen AG: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 30 EMWorks Inc. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 31 YASA Motors Ltd. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 32 Nidec Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 33 Hitachi Ltd. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 34 Zytek Group Limited. : Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 35 Avid Technology Limited: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

Frequently Asked Questions

What is the size of Electric Vehicle Traction Motor Market?

The market for Electric Vehicle Traction Motor Market is expected to reach US$ 43.90 Bn By 2027.

What is the Electric Vehicle Traction Motor Market CAGR?

The Electric Vehicle Traction Motor Market is expected to see significant CAGR growth over the coming years, at 42.6%.

What is the Forecast period considered for Electric Vehicle Traction Motor Market?

The report is forecasted from 2019-2027.

What is the base year considered for Electric Vehicle Traction Motor Market?

The base year of this report is 2018.

Who are the major players in this market?

Schlumberger Limited, Weatherford International Plc, Halliburton Company., Yokogawa Electric Corporation, and Star Skin Beauty Group AG are some of the major players in the global market.

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