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TheStreet Open House

Electric Vehicle Drive Motors - Electric Traction Motors For Hybrid, Plug-In Hybrid, And Battery Electric Light Duty Vehicles: Market Analysis And Forecasts

NEW YORK, March 28, 2013 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:

Electric Vehicle Drive Motors - Electric Traction Motors for Hybrid, Plug-In Hybrid, and Battery Electric Light Duty Vehicles: Market Analysis and Forecasts http://www.reportlinker.com/p01154133/Electric-Vehicle-Drive-Motors---Electric-Traction-Motors-for-Hybrid-Plug-In-Hybrid-and-Battery-Electric-Light-Duty-Vehicles-Market-Analysis-and-Forecasts.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Clean_Vehicle

As global automotive manufacturers increase their efforts to produce more vehicles using all-electric and electric-assisted drivetrains, interest in electric vehicle batteries continues to grow. The other major components of the electric powertrain, the motor and its controller, are equally important, however. While the battery pack is by far the most expensive piece of the technology, the motor represents a significant cost, and most automakers have chosen to make their own rather than purchase from a specialist supplier.

Although numerous new companies have sprung up to develop interesting AC motor alternatives that could disrupt the industry in future, almost all of the original equipment manufacturers (OEMs) have chosen to invest in producing their own motor hardware and are relying on permanent magnet or AC induction motor designs. It is important to recognize that motor choice cannot be made in isolation, and that the contribution of the controller and associated power electronics must be included. Navigant Research forecasts that the global market for electric drive motors in light-duty vehicles will grow from a little less than $1 billion in annual revenue in 2013 to more than $2.8 billion in 2020.

This Navigant Research report provides a detailed examination of the growing market for electric motors and controllers, including profiles of the leading motor manufacturers and the original equipment manufacturers that make their own motors. Forecasts for revenues from motors and controllers segmented by motor power rating extend through 2020, and a summary of hybrid, plug-in hybrid, and battery electric vehicle model introductions by region is also provided. The report also includes a review of the main electric motor technologies suitable for electric drive.

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