Acknowledging the kind of traction gained by this market, recently published a study report asserts the global Electric Motors and Inverters for Off-Highway EVs Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of around 21.5 % during the review period (2022 to 2027).
An electric motor is an electrical machine that is used to convert electrical energy into mechanical energy. Most of the present electrical motors operate through the interaction between the motor's magnetic field and electric current in a wire winding to generate force in the form of torque applied on the motor's shaft. Industrial, agricultural, and automotive sectors are the prime sectors for the deployment of such motors. But with the improving technology and urbanization, the demand for motors has increased across the commercial and residential sectors. Moreover, the heating and air conditioning (HVAC) sectors have emerged as the fastest-growing sector for motor deployment.
Electric motor converts electrical energy into mechanical energy. Its components include rotor, bearings, stator, air gap, windings, and commutator. Factors such as angular movements, torque requirements, acceleration, speed, and control make AC motors an ideal choice for robotic system manufacturers. Shunt, series, and permanent magnetics are different types of DC motors, while synchronous machines and reluctance motors are different types of AC motors. Electric motors commonly find applications in OEM-based products, pumps, conveyor systems, compressors, fans, and industrial machineries. AC and DC motors can be developed through integration of electronic hardware and sensors that offers predictive maintenance and reduces downtime during maintenance.
Apr. 13, 2022-
Dana Incorporated (NYSE: DAN) will release its 2022 first-quarter financial results on Wednesday, April 27, 2022. A press release will be issued at approximately 7 a.m. EDT, followed by a conference call and webcast at 9 a.m. EDT. Members of the company's senior management team will be available at that time to discuss the results and answer related questions.Participants may listen to the audio portion of the conference call either through audio streaming online or by telephone. Slide viewing is available online via a link provided on the Dana investor website: www.dana.com/investors. U.S. and Canadian locations should dial 1-888-311-4590 and international locations should call 1-706-758-0054. Please enter conference I.D. 2565879 and ask for the "Dana Incorporated's Financial Webcast and Conference Call." Phone registration will be available beginning at 8:30 a.m. EDT.
By Type, it is segmented into
By Applications, it is segmented into
North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.
All these factors greatly affect the Electric Motors and Inverters for Off-Highway EVs market growth. It further aims at providing complete overview on detailed assessment of significant features of different industries including sales volume, market revenue, and demand size, sales growth, pricing analysis and changing market growth factors in regions such as Follows,
The Electric Motors and Inverters for Off-Highway EVs Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global Electric Motors and Inverters for Off-Highway EVs Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Scope of the Report covers Electric Motors and Inverters for Off-Highway EVs Market with detailed analysis of the overall scenario for the market. It also highlights the business participant’s environment in the global marketplace. This report also provides an overview of leading companies covering the latest successful marketing strategies, market contributions, current and historical background and latest market happenings to help key organizations to grow and generate larger profits. Business players will greatly benefit from this Electric Motors and Inverters for Off-Highway EVs Market analysis report as it has vital details to provide about regional markets, expected opportunities for the prediction time period 2022-2027. Growth between segments is used to understand the different growth factors that are expected to dominate the market as a whole and to develop strategies to differentiate between key applications and target markets. It further reveals how worldwide market is working through efficient information graphics.
Forecast Period 2022 to 2028 CAGR
CAGR of 21.5 % during the review period (2022 to 2027).
Equipmake, Dana, Integral Powertrain, Bosch Rexroth, BorgWarner, Ashwoods (belong to Dana in 2020), ZF, SIEMENS, Magelec,
2017 to 2021
2022 to 2027
Yes, the report can be customized as per your needs
All our reports are custom made to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
What is the study period of this market?
The Electric Motors and Inverters for Off-Highway EVs Market is studied from 2017 - 2027.
What is the growth rate of Electric Motors and Inverters for Off-Highway EVs Market?
The Electric Motors and Inverters for Off-Highway EVs Market is growing at a CAGR of 21.5% over the next 5 years.
Who are the key players in Electric Motors and Inverters for Off-Highway EVs Market?
, Equipmake, Dana, Integral Powertrain, Bosch Rexroth, BorgWarner, Ashwoods (belong to Dana in 2020), ZF, SIEMENS, Magelec,
What region does this Electric Motors and Inverters for Off-Highway EVs Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Electric Motors and Inverters for the Off-Highway EVs Market?
Electric Motors, Inverters, Others
What are the major end-use applications of Electric Motors and Inverters for the Off-Highway EVs Market?
Material Handling, Aerial Work Platform, Constructions, Mining, Agriculture, Others
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.