Global Automotive Direct Drive Motor Market- Technologies, Market share and Industry Forecast to 2024

  • ID: 4519268
  • Report
  • Region: Global
  • 190 Pages
  • Occams Business Research and Consulting
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FEATURED COMPANIES

  • Continental AG (Germany)
  • Thomasnet (United States)
  • TM4 (Canada)
  • MORE

Global automotive direct drive motor market to witness an unprecedented growth rate of about 200% through 2024

Automotive direct drive motor market deals with magnetic rotary motors that are directly coupled to drive load, eliminating the need for additional components in vehicle such as gearboxes, drive shafts, etc. Such motors uses direct drive mechanism to take the power coming from a motor without any reductions or losses to drive the vehicle. Advantages offered by automotive direct drive motors such as high efficiency, high precision, noiseless operations, fast response, low vibration, compact size, easy maintenance, as compared to typical gear motor is responsible for its increasing adoption among vehicles. Technological advancements and innovations in automotive direct drive motors boosts the growth of global automotive direct drive motor market during forecast period. According to the Institute of Electrical and Electronics Engineers (IEEE, United States), development of direct drive servo valve with high frequency voice coil motor and advanced digital controller increases the flux density. This further increases the force output which is used to drive the load. Also, development of high thrust force direct drive linear actuator provides high back drivability. This motor is a highly back drivable direct drive motor consists of a mover and a stator with helical (spiral) structure. The mover moves in a spiral motion within the stator through which linear motion is extracted to drive the load. Furthermore, the development of gearless wheel motor drive system is specifically designed for propulsion in hybrid electric vehicles and fuel cell electric vehicles. The system is a liquid cooled axial flux permanent magnet machine to meet requirements of direct drive mechanism. This system increase the efficiency and reduces the power loss of vehicle, as per the IEEE. Such technological advancements and developments in automotive direct drive motors are expected to contribute to the growth of global automotive direct drive motor market during forecast period.

North America: Largest revenue generating region

North America accounted for largest market share in terms of revenue for automotive direct drive motor market in 2017 and is expected to dominate the market during forecast period. High adoption of electric vehicles coupled with increasing vehicle electrification across the region majorly contributes to the dominance of North America automotive direct drive motor market during forecast period. For instance, according to the Sierra Club (an environmental organization, United States), on road electric vehicles witnessed an increase of 37% in 2016, as compared to 2015. Also, nearly 25,000 electric vehicles were sold across United States in December 2016 which was more than 7,000 car increase as compared to September 2016 and 80% increase over December 2015.  Furthermore, according to the Climate Group (a non-profit organization), electric vehicles further witnessed growth of about 60% in 2017 across United States. This is expected to promote the growth of North American automotive direct drive motor market during forecast period. However, Asia Pacific is expected to emerge as the fastest growing region in automotive direct drive motor market during forecast period.

Increasing shift towards electric vehicles to fuel large scale adoption of automotive direct drive motors

According to the IEEE, usage of automotive direct drive motors in electric vehicles is a source for its propulsion due to its ability to provide controllability, high efficiency and high torque density. Increasing focus towards electric vehicles is expected to increase the adoption of automotive direct drive motors which is likely to boost the growth of global automotive direct drive motor market during forecast period. For instance, according to the International Energy Agency (IEA, France), global electric vehicles stock primarily composing of Plug in Hybrid Electric Vehicles (PHEVs) and Battery Electric Vehicles (BEVs) surpassed 2 million units in 2016. This witnessed 60% increase as compared to 2015. China remained the largest electric vehicle market in 2016 globally, which accounted for more than 40% of electric cars sold across the world. Also, China was the global leader in electrification of transport in 2016 with more than 300,000 electric buses and more than 200 million electric two wheelers. As per the International Energy Agency, China, United States and Europe were the top three major electric vehicle markets in 2016, totaling more than 90% of all electric vehicles sold across the globe. International Energy Agency expects more than 20 million electric vehicles on road by end of 2020, across the globe. This is further expected to increase up to 40 to 70 million by the end of 2025, globally. This would account for sales growth of about 35% every year from 2017 to 2025 annually, as per the International Energy Agency. Growth in electric vehicles is expected to increase the demand for automotive direct drive motors to enhance the efficiency of the vehicle. This is likely to boost the growth of global automotive direct drive motor market during forecast period. However, unsprung weight concerns in automotive direct drive system as well as high cost as compared to conventional gear box are some major factors restraining the growth of global automotive direct drive motor market during forecast period.

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FEATURED COMPANIES

  • Continental AG (Germany)
  • Thomasnet (United States)
  • TM4 (Canada)
  • MORE

1. Introduction
1.1. Executive Summary
1.2. Estimation Methodology

2. Market Overview
2.1. Global Automotive Direct Drive Motor Market : Evolution & Transition
2.2. Market Definition & Scope
2.3. Industry Structure
2.4. Regulatory Framework
2.5. Total Market Analysis
2.5.1. Top 5 Findings
2.5.2. Top 5 Opportunity Markets
2.5.3. Top 5 Companies
2.5.4. Top 3 Competitive Strategies
2.6. Estimation Analysis
2.7. Strategic Analysis
2.7.1. Investment Vs. Adoption Model
2.7.2. 360-Degree Industry Analysis
2.7.3. Porters 5 Force Model
2.7.4. See-Saw Analysis
2.7.5. Consumer Analysis And Key Buying Criteria
2.8. Competitive Analysis
2.8.1. Market Share Analysis & Top Company Analysis
2.9. Strategic Recommendations & Key Conclusions
2.9.1. Investment Opportunities By Regions
2.9.2. Opportunities In Emerging Applications
2.9.3. Investment Opportunity In Fastest Growing Segment

3. Market Determinants
3.1. Market Drivers
3.1.1. Increased Sales Of Evs
3.1.2. Increased Need For High Efficiency And Reduced Power Losses
3.1.3. Increasing Electrification In Vehicles
3.1.4. High Need For Economic Savings On Vehicles
3.2. Market Restraints
3.2.1. Unsprung Weight Concerns In Direct Drive System
3.2.2. High Cost As Compared To Conventional Gearmotor
3.3. Market Opportunities
3.3.1. Adoption Of In-Wheel Micro Power Electronics System
3.4. Market Challenges
3.4.1. Functional Safety Requirements

4. Global Automotive Direct Drive Motor Market By Product
4.1. Market Definition And Scope
4.2. Decision Support Database & Estimation Methodology
4.3. Comparative Analysis Across Market Segments
4.4. Opportunity Matrix
4.5. Market Segmentation
4.5.1. Global High-Speed Motor Market
4.5.1.1. Adoption Scenario & Market Determinants
4.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.1.3. Key Players & Key Products
4.5.1.4. Key Conclusions
4.5.2. Global Medium Speed Motor Market
4.5.2.1. Adoption Scenario & Market Determinants
4.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.2.3. Key Players & Key Products
4.5.2.4. Key Conclusions
4.5.3. Global Very Low Rotational Speed Motor Market
4.5.3.1. Adoption Scenario & Market Determinants
4.5.3.2. Market Estimations And Forecasts 2015-2024 ($ Million)
4.5.3.3. Key Players & Key Products
4.5.3.4. Key Conclusions

5. Global Automotive Direct Drive Motor Market By End Users
5.1. Market Definition And Scope
5.2. Decision Support Database & Estimation Methodology
5.3. Comparative Analysis Across Market Segments
5.4. Opportunity Matrix
5.5. Market Segmentation
5.5.1. Global Commercial Vehicles Market
5.5.1.1. Adoption Scenario & Market Determinants
5.5.1.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.1.3. Key Players & Key Products
5.5.1.4. Key Conclusions
5.5.2. Global Passenger Cars Market
5.5.2.1. Adoption Scenario & Market Determinants
5.5.2.2. Market Estimations And Forecasts 2015-2024 ($ Million)
5.5.2.3. Key Players & Key Products
5.5.2.4. Key Conclusions

6. Competitive Landscape
6.1. Key Strategies
6.1.1. List Of Mergers And Acquisitions
6.1.2. List Of Joint Ventures
6.1.3. List Of Product Launches
6.1.4. List Of Partnerships

7. Geographic Analysis
7.1. Decision Support Database & Estimation Methodology
7.2. Comparative Analysis Across Market Segments
7.3. Opportunity Matrix
7.4. Global Automotive Direct Drive Motor Market By Region 2015-2024
7.4.1. North America
7.4.1.1. Industry Analysis 2015-2024 ($ Million)
7.4.1.2. Top Country Analysis
7.4.1.2.1. U.S.
7.4.1.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.1.2.1.2. Key Players & Key Products
7.4.1.2.1.3. Key Conclusions
7.4.1.2.2. Canada
7.4.1.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.1.2.2.2. Key Players & Key Products
7.4.1.2.2.3. Key Conclusions
7.4.2. Europe
7.4.2.1. Industry Analysis 2015-2024 ($ Million)
7.4.2.2. Top Country Analysis
7.4.2.2.1. UK
7.4.2.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.1.2. Key Players & Key Products
7.4.2.2.1.3. Key Conclusions
7.4.2.2.2. France
7.4.2.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.2.2. Key Players & Key Products
7.4.2.2.2.3. Key Conclusions
7.4.2.2.3. Germany
7.4.2.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.3.2. Key Players & Key Products
7.4.2.2.3.3. Key Conclusions
7.4.2.2.4. Spain
7.4.2.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.4.2. Key Players & Key Products
7.4.2.2.4.3. Key Conclusions
7.4.2.2.5. Rest Of Europe
7.4.2.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.2.2.5.2. Key Players & Key Products
7.4.2.2.5.3. Key Conclusions
7.4.3. Asia Pacific
7.4.3.1. Industry Analysis 2015-2024 ($ Million)
7.4.3.2. Top Country Analysis
7.4.3.2.1. China
7.4.3.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.1.2. Key Players & Key Products
7.4.3.2.1.3. Key Conclusions
7.4.3.2.2. India
7.4.3.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.2.2. Key Players & Key Products
7.4.3.2.2.3. Key Conclusions
7.4.3.2.3. Japan
7.4.3.2.3.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.3.2. Key Players & Key Products
7.4.3.2.3.3. Key Conclusions
7.4.3.2.4. Australia
7.4.3.2.4.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.4.2. Key Players & Key Products
7.4.3.2.4.3. Key Conclusions
7.4.3.2.5. Rest Of Asia Pacific
7.4.3.2.5.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.3.2.5.2. Key Players & Key Products
7.4.3.2.5.3. Key Conclusions
7.4.4. Row
7.4.4.1. Industry Analysis 2015-2024 ($ Million)
7.4.4.2. Top Country Analysis
7.4.4.2.1. Latin America
7.4.4.2.1.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.4.2.1.2. Key Players & Key Products
7.4.4.2.1.3. Key Conclusions
7.4.4.2.2. Middle East & Africa
7.4.4.2.2.1. Market Estimations And Forecasts 2015-2024 ($ Million)
7.4.4.2.2.2. Key Players & Key Products
7.4.4.2.2.3. Key Conclusions

8. Company Profiles
8.1. Continental AG (Germany)
8.1.1. Overview
8.1.2. Product Portfolio
8.1.3. Strategic Initiatives
8.1.4. Scot Analysis
8.1.5. Strategic Analysis
8.2. Elaphe Propulsion Technologies Ltd. (Slovenia)
8.2.1. Overview
8.2.2. Product Portfolio
8.2.3. Strategic Initiatives
8.2.4. Scot Analysis
8.2.5. Strategic Analysis
8.3. Harmonic Drive AG (Germany)
8.3.1. Overview
8.3.2. Product Portfolio
8.3.3. Strategic Initiatives
8.3.4. Scot Analysis
8.3.5. Strategic Analysis
8.4. Kollmorgen Corporation (United States)
8.4.1. Overview
8.4.2. Product Portfolio
8.4.3. Strategic Initiatives
8.4.4. Scot Analysis
8.4.5. Strategic Analysis
8.5. Magnetic Innovations B.V. (Netherlands)
8.5.1. Overview
8.5.2. Product Portfolio
8.5.3. Strategic Initiatives
8.5.4. Scot Analysis
8.5.5. Strategic Analysis
8.6. Metric Mind Corporation (United States)
8.6.1. Overview
8.6.2. Product Portfolio
8.6.3. Strategic Initiatives
8.6.4. Scot Analysis
8.6.5. Strategic Analysis
8.7. Printed Motor Works (Pmw, United Kingdom)
8.7.1. Overview
8.7.2. Product Portfolio
8.7.3. Strategic Initiatives
8.7.4. Scot Analysis
8.7.5. Strategic Analysis
8.8. Protean Electric (United Kingdom)
8.8.1. Overview
8.8.2. Product Portfolio
8.8.3. Strategic Initiatives
8.8.4. Scot Analysis
8.8.5. Strategic Analysis
8.9. Thomasnet (United States)
8.9.1. Overview
8.9.2. Product Portfolio
8.9.3. Strategic Initiatives
8.9.4. Scot Analysis
8.9.5. Strategic Analysis
8.10. TM4 (Canada)
8.10.1. Overview
8.10.2. Product Portfolio
8.10.3. Strategic Initiatives
8.10.4. Scot Analysis
8.10.5. Strategic Analysis

List Of Tables:
1. Global Automotive Direct Drive Motor Market By Product 2015-2024 ($ Million)
2. Global High-Speed Motor Market By Geography 2015-2024 ($ Million)
3. Global Medium Speed Motor Market By Geography 2015-2024 ($ Million)
4. Global Very Low Rotational Speed Motor Market By Geography 2015-2024 ($ Million)
5. Global Automotive Direct Drive Motor Market By End Users 2015-2024 ($ Million)
6. Global Commercial Vehicles Market By Geography 2015-2024 ($ Million)
7. Global Passenger Cars Market By Geography 2015-2024 ($ Million)
8. North America Automotive Direct Drive Motor Market 2015-2024 ($ Million)
9. Europe Automotive Direct Drive Motor Market 2015-2024 ($ Million)
10. Asia Pacific Automotive Direct Drive Motor Market 2015-2024 ($ Million)
11. Rest Of World Automotive Direct Drive Motor Market 2015-2024 ($ Million)
12. North America Automotive Direct Drive Motor Market By Product 2015-2024 ($ Million)
13. Europe Automotive Direct Drive Motor Market By Product 2015-2024 ($ Million)
14. Asia Pacific Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
15. Rest Of The World Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
16. North America Automotive Direct Drive Motor Market By End User 2015-2024($ Million)
17. Europe Automotive Direct Drive Motor Market By End User 2015-2024($ Million)
18. Asia Pacific Automotive Direct Drive Motor Market By End User 2015-2024($ Million)
19. Rest Of The World Automotive Direct Drive Motor Market By End User 2015-2024($ Million)
20. United States Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
21. United States Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
22. Canada Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
23. Canada Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
24. Uk Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
25. Uk Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
26. France Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
27. France Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
28. Germany Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
29. Germany Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
30. Spain Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
31. Spain Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
32. Roe Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
33. Roe Automotive Direct Drive Motor Market By Enduser2015-2024($ Million)
34. China Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
35. China Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
36. India Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
37. India Automotive Direct Drive Motor Market By Enduser2015-2024($ Million)
38. Japan Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
39. Japan Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
40. Australia Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
41. Australia Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
42. Roapac Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
43. Roapac Automotive Direct Drive Motor Market By Enduser2015-2024($ Million)
44. Latin America Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
45. Latin America Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)
46. Mena Automotive Direct Drive Motor Market By Product 2015-2024($ Million)
47. Mena Automotive Direct Drive Motor Market By Enduser 2015-2024($ Million)

List Of Figures:
1. Global High-Speed Motor Market 2015-2024 ($ Million)
2. Global Medium Speed Motor Market 2015-2024 ($ Million)
3. Global Very Low Rotational Speed Motor Market 2015-2024 ($ Million)
4. Global Commercial Vehicles Market 2015-2024 ($ Million)
5. Global Passenger Cars Market 2015-2024 ($ Million)
6. United States (U.S.) Automotive Direct Drive Motor Market 2015-2024 ($ Million)
7. Canada Automotive Direct Drive Motor Market 2015-2024 ($ Million)
8. United Kingdom (Uk) Automotive Direct Drive Motor Market 2015-2024 ($ Million)
9. France Automotive Direct Drive Motor Market 2015-2024 ($ Million)
10. Germany Automotive Direct Drive Motor Market 2015-2024 ($ Million)
11. Spain Automotive Direct Drive Motor Market 2015-2024 ($ Million)
12. Roe Automotive Direct Drive Motor Market 2015-2024 ($ Million)
13. India Automotive Direct Drive Motor Market 2015-2024 ($ Million)
14. China Automotive Direct Drive Motor Market 2015-2024 ($ Million)
15. Japan Automotive Direct Drive Motor Market 2015-2024 ($ Million)
16. Australia Automotive Direct Drive Motor Market 2015-2024 ($ Million)
17. Roapac Automotive Direct Drive Motor Market 2015-2024 ($ Million)
18. Latin America Automotive Direct Drive Motor Market 2015-2024 ($ Million)
19. Mena Automotive Direct Drive Motor Market 2015-2024 ($ Million)

Note: Product cover images may vary from those shown
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4 of 4
  • Continental AG (Germany)
  • Elaphe Propulsion Technologies Ltd. (Slovenia)
  • Harmonic Drive AG (Germany)
  • Kollmorgen Corporation (United States)
  • Magnetic Innovations B.V. (Netherlands)
  • Metric Mind Corporation (United States)
  • Printed Motor Works (Pmw, United Kingdom)
  • Protean Electric (United Kingdom)
  • Thomasnet (United States)
  • TM4 (Canada)
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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