Electric Vehicle Motor Controller Market

The global Electric Vehicle Motor Controller market was valued at 3739.13 Million USD in 2021 and will grow with a CAGR of 45.97% from 2021 to 2027, based on newly published report.

The prime objective of Electric Vehicle Motor Controller Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Electric Vehicle Motor Controller Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.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.

By Market Verdors:

Tesla

BYD

Broad-Ocean

Inovance Automotive

Bosch

MEGMEET

Denso

JEE

CHANGAN

DAJUN TECH

UAES

Shenzhen V&T Technologies

Shenzhen Greatland

HITACHI

Tianjin Santroll

By Types:

Permanent Magnet Synchronous Motor Controller

Asynchronous Motor Controller

By Applications:

Passenger Vehicles

Commercial Vehicles

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

Key Reasons to Purchase

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