About EV Traction Motor Controller
An electric powered automobile motor controller is used to alter the torque generated by way of the motors of electric powered motors via skill of editing the strength waft from the electricity sources to the motor. Motor controller is a gadget that improves the overall performance of an electric powered motor in a prearranged manner. The electric powered automobile controller is the electronics package deal that operates between the batteries and the motor to manipulate the electric powered vehicle‘s velocity and acceleration tons like a carburetor does in a gasoline-powered vehicle. The controller transforms the battery’s direct modern-day into alternating cutting-edge (for AC motors only) and regulates the electricity glide from the battery. Unlike the carburetor, the controller will additionally reverse the motor rotation (so the car can go in reverse), and convert the motor to a generator (so that the kinetic power of movement can be used to recharge the battery when the brake is applied).
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global EV Traction Motor Controller market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Continental (Germany), Delphi Technologies (United Kingdom), Sevcon (France), Texas Instruments (United States), Advanced Motion Controls United States), Silicon Mobility (France), Nidec Motor (Japan), AMETEK (United States), Regal Beloit (United States) and Franklin Electrics (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Allied Motion Technologies (United States).
Segmentation Overview
AMA Research has segmented the market of Global EV Traction Motor Controller market by and Region.
On the basis of geography, the market of EV Traction Motor Controller has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Vehicle, the sub-segment i.e. Passenger Vehicle will boost the EV Traction Motor Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by EV Motor Controller, the sub-segment i.e. AC Permanent Magnet Synchronous Motor Controller will boost the EV Traction Motor Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Operations, the sub-segment i.e. Trapezoidal will boost the EV Traction Motor Controller market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers:
Use of Micro Control Modules and Ac Induction Motor Is Seeing Increased Usage among Vehicles Mainly In the Premium Electric Vehicles
Challenges:
Lack of Technical Capability and Process is Required Controller that can withstand with high amount
Restraints:
High Cost Associated with Motor
Opportunities:
Focused on Reducing Cost and Weight and Improving Life and Operation of Traction Motors
Market Leaders and their expansionary development strategies
In 2020, BorgWarner Inc. agreed to buy Delphi Technologies in an all-stock transaction that values Delphi at about USD 3.3 billion.
In 2022, Continental will introduce two new sensors for electric vehicles: the Battery Impact Detection system and the Current Sensor Module . Both of the new technologies put a strong emphasis on maintaining battery parameters or safeguarding the battery. Continental will start producing the brand-new high-voltage Current Sensor Module in 2022. This little modular sensor design measures current and senses temperature at the same time. Both numbers are quite important as battery management input. Continental will provide another cutting-edge component of battery protection to the market: The Battery Impact Detection system is a lightweight substitute for bulky underfloor "armoring" against damage.
Key Target Audience
EV Traction Motor Controller Manufacturers, EV Traction Motor Controller Distributors, Raw Material Suppliers, Government Bodies and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.