Truck Motor Market

A motor is a component that converts battery energy into mechanical energy and drives the wheels of an electric vehicle to rotate. Car driving is characterized by frequent starting, acceleration, deceleration, and parking. High torque is required at low speeds or climbing, and low torque is required at high speeds. The speed range of the motor should be able to meet the requirements of the car from zero to the maximum driving speed, that is, the motor must have a high specific power and power density.

Truck Motor Market contains market size and forecasts of Truck Motor in global, including the following market information:

Global Truck Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Truck Motor Market Sales, 2017-2022, 2023-2028, (K Units)

Global top five Truck Motor companies in 2021 (%)

The global Truck Motor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Induction Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Truck Motor include Bosch, Asmo, Mitsuba, Brose, Johnson Electric, Nidec, Mabuchi, Valeo Group and Mahle, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Truck Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Truck Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Truck Motor Market Segment Percentages, by Type, 2021 (%)

Induction Motor

Brushless Electric Motor

Switched Reluctance Motor

Others

Global Truck Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Truck Motor Market Segment Percentages, by Application, 2021 (%)

OEM

Aftermarket

Global Truck Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)

Global Truck Motor Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Truck Motor revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Truck Motor revenues share in global market, 2021 (%)

Key companies Truck Motor sales in global market, 2017-2022 (Estimated), (K Units)

Key companies Truck Motor sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Bosch

Asmo

Mitsuba

Brose

Johnson Electric

Nidec

Mabuchi

Valeo Group

Mahle

ST Motiv

B?HLER Motor

Shihlin Electric

Jheeco

Prestolite Electric

Inteva Products

Fukuta

BYD

Broad Ocean

ZF Friedrichshafen AG

Jing-Jin Electric (JJE)

Mitsubishi Motors Corporation

Hitachi

MAGNA

UAES

Remy International?Inc