Global Motor Stator for Hybrid Vehicle Market size was valued at US$ XX Bn. in 2019 and the total revenue is expected to grow at 2.45% from 2019 to 2027, reaching nearly US$ XX Bn.
Global Motor Stator for Hybrid Vehicle Market
The report study has analyzed the revenue impact of the COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same is reflected in our analysis.
Global Motor Stator for Hybrid Vehicle Market: Market Overview
The hybrid vehicle is powered by the electric motor and it is responsible for energy recovery and propulsion. The motor stator is a stationary part of an electric vehicle. The motor is used for the better performance of hybrid vehicle, reliable, and economical. The stator needs lamination for better efficiency, reduce eddy current losses and long life to the motor. The lamination are made up of cobalt alloy, silicon steel and nickel alloy.
Global Motor Stator for Hybrid Vehicle Market: Market Dynamics
A significant growth of automotive industry across the world with rapid urbanization, the demand for vehicles also increases, in result rising the demand for motor stator. Increasing disposable income of consumers and increasing their spending power boost the sales of vehicles; thus, it is driving the demand of motor stator. Rise in the demand of hybrid vehicle and electric vehicle due to environment concern is contributing factor to market growth. Continuous rise in the cost of energy, increases the adoption of electric vehicle resulting into the increasing demand of motor stator. These are the major factors anticipated the growth of the global Motor Stator for Hybrid Vehicle market during the forecast period.
The impact of pandemic COVID-19 on world economy, also affect the automobile sector, the disruption in the product supply chain create problems for manufacturers also hinder the growth of the market during the forecast period. These are the key factors working as restrain for global Motor Stator for Hybrid Vehicle market during the forecast period.
Global Motor Stator for Hybrid Vehicle Market: Market Segmentation
The silicon steel segment of lamination is subjected to grow at a higher CAGR as silicon steel is available at a lower cost as compared to other material and increases the performance of the motor. It also helps to reduce the eddy current effect. The demand of hybrid vehicle increases owing to the environmental concern. Increase in the sales of passenger vehicle across the world, resulting to passenger vehicle segment of vehicle type subjected to the highest growth rate during the forecast period. OEMs segment of sales channel is likely to dominate the global motor stator for hybrid vehicle.
Global Motor Stator for Hybrid Vehicle Market: Regional Analysis
Asia Pacific is dominating the global motor stator for hybrid vehicle market due to major sales of automotive. The increasing economy and living standard of individual will significantly drive the motor stator for hybrid vehicle market in this region. High adoption rate of hybrid vehicle and electric vehicle with increasing environmental issues in the developing nation in this region is a driving factor for market growth. Besides, increase in the number of automotive manufacturing industries, entry of foreign automaker in emerging nations such as India and China are driving the market during the forecast period. In addition, the high production of passenger vehicles in this region and rapid expansion of automotive industry in countries including South Korea, China and India is likely to drive the market. North America held substantial share of this market due to high production of commercial vehicles.
The objective of the report is to present a comprehensive analysis of the Global Motor Stator for Hybrid Vehicle Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the Global Motor Stator for Hybrid Vehicle Market dynamics, structure by analysing the market segments and projects the Global Motor Stator for Hybrid Vehicle Market size. Clear representation of competitive analysis of key players by Sales Channel, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Motor Stator for Hybrid Vehicle Market make the report investor’s guide.
Scope of the Global Motor Stator for Hybrid Vehicle Market
Global Motor Stator for Hybrid Vehicle Market, by Lamination
• Cobalt alloy
• Nickel alloy
• Silicon steel
Global Motor Stator for Hybrid Vehicle Market, by Vehicle type
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Passenger Vehicle
Global Motor Stator for Hybrid Vehicle Market, by Sales Channel
• OEMs
• Aftermarket
Global Motor Stator for Hybrid Vehicle Market, by Region
• Asia Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Vietnam
Rest of Asia
• North America
U.S.
Canada
• Europe
Germany
UK
France
Italy
Spain
Rest of Europe
• South America
Brazil
Mexico
Rest of South America
• Middle East & Africa
GCC
South Africa
Rest of MEA
Global Motor Stator for Hybrid Vehicle Market, Key Players
• YASA Limited
• Parker Hannifin Corp
• Xinzhi Motor Co., Ltd.
• Kirloskar Electric Company
• Toshiba International Corporation
• Maxon motor Ag
• Siemens AG
• ATS Automation Tooling Systems Inc.
• Ashwoods Electric Motors
• Brose Fahrzeugteile GmbH & Co. KG
• Thomson Lamination Co., Inc.
• Fife-Pearce Electric Co.
• Hill Technical Sales Corp.
• Ramco Electric Motors, Inc.
• Windings, Inc.
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