Market Analysis and Insights Global Electric Vehicle Motor Controller Market
The motor controller is mainly composed of heat dissipation module, power semiconductor module, control module, drive module and thin film capacitor, among which the control module includes control chip and power circuit board. The power semiconductor module mainly uses IGBT1 module. As an important signal and energy transmission component in new energy vehicles, the motor controller, on the one hand, receives information from the vehicle controller and control mechanism (brake pedal, accelerator pedal, gear shifting mechanism) to control the work of the motor, and on the other hand, converts the electric energy in the battery into the electric energy that drives the motor.The voltage and current of the driving motor are controlled by the motor controller integrated circuit, and the motor controller can make it work in accordance with the set direction, speed, Angle and response time, so as to control the starting and stopping state, advance and retreat speed, climbing strength and other driving states of the new energy vehicle.
Due to the COVID-19 pandemic, the global Electric Vehicle Motor Controller market size is estimated to be worth US$ 7730.9 million in 2021 and is forecast to a readjusted size of US$ 7730.9 million by 2028 with a CAGR of 42.6% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Electric Vehicle Motor Controller global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
According to product types, Electric Vehicle Motor Controller could be basically split into Permanent Magnet Synchronous Motor Controller and Asynchronous Motor Controller. In 2019, Permanent Magnet Synchronous Motor Controller took the dominating position of global market, with a market share of over 81%.
In terms of region, China is the largest consumption market of Electric Vehicle Motor Controller, which in 2019 accounted for more than 62% of market share. Following China, Europe and North America occupied about 18% and 13% of global market, respectively.
The global Electric Vehicle Motor Controller market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Electric Vehicle Motor Controller market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Geographical Analysis
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
Key Players
The major players that are operating in the global Electric Vehicle Motor Controller market are
Tesla
BYD
Broad-Ocean
Inovance Automotive
Bosch
MEGMEET
Denso
JEE
CHANGAN
DAJUN TECH
UAES
Shenzhen V&T Technologies
Shenzhen Greatland
HITACHI
Tianjin Santroll
Segment by Type
Permanent Magnet Synchronous Motor Controller
Asynchronous Motor Controller
Segment by Application
Passenger Vehicles
Commercial Vehicles
Competitive Landscape
Factors such as cost analysis, marketing strategy, factor analysis, distributors, sourcing strategy and industrial chain are all the parts of the global Electric Vehicle Motor Controller market. The report also includes the analysis of the return on investment (ROI) feasibility with the estimated SWOT analysis.
The report covers the following objectives
• Proliferation and maturation of trade in the global Electric Vehicle Motor Controller market.
• The market share of the global Electric Vehicle Motor Controller market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
• Current and future market trends that are influencing the growth opportunities and growth rate of the global Electric Vehicle Motor Controller market.
• Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Electric Vehicle Motor Controller market ?
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