The Automotive Direct Drive Motor Market report 2019 deeply analyses significant features in major developing markets. The analysis includes market size, latest trends, drivers, threats, opportunities, as well as key market segments. The study reveals market dynamics in several geographic segments along with Automotive Direct Drive Motor market analysis for the current market environment and future scenario over the forecast period. The report also contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Industry experts project Automotive Direct Drive Motor market to grow at a CAGR of 201.71% during the period 2017-2021. It also talks about the market size of different segments and their growth aspects.
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About Automotive Direct Drive Motor
Electric motor is a machine that converts electrical energy into mechanical energy through the interaction of magnetic field with current. The motor mainly consists of two parts: a rotor and a stator. The motors can be categorized into direct current (DC) motor and alternating current (AC) motor based on the type of current used by the motor. AC motors are classified into synchronous or asynchronous, and DC motors are classified into brushed and brushless.
Market analysts forecast the global automotive direct drive motor market to grow at a CAGR of 201.71% during the period 2017-2021.
Market driver
- Reduced power losses with use of DDM improve driving range and performance of EVs.
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Market challenge
- Rare earth material extraction causes environmental damage.
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Market trend
- Automakers covering most levels of value chain and production of in-house electric motors.
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Key Players
Automotive Direct Drive Motor Market report also covers all the regions and countries of the world, which shows a regional development status. Regional Segmentation:
- North America (U.S., Canada, Mexico)
- Europe (Germany, U.K., France, Italy, Russia, Spain, etc.)
- Asia-Pacific (China, India, Japan, Southeast Asia, etc.)
- South America (Brazil, Argentina, etc.)
- Middle East & Africa (Saudi Arabia, South Africa, etc.)
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The objective of this Automotive Direct Drive Motor market research report is: -
- To provide actionable intelligence alongside the market size of various segments.
- To detail major factors influencing the market (drivers, opportunities, industry-specific challenges, and other critical issues).
- To determine the geographic breakdown of the market in terms of detailed analysis and impact.
- To analyze business dimensions with an eye on individual growth trends and contribution of upcoming market segments.
- To track the competitive landscape of the market.
Finally, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.
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