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Single User License: EV Motor Controller Market - Global Industry Analysis, Size, Share, Trends, Growth And Forecast 2014 - 2020
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REPORT DESCRIPTION
Transparency Market Research Reports incorporated a definite business overview and investigation inclines on "EV Motor Controller Market". This report likewise incorporates more illumination about fundamental review of the business including definitions, requisitions and worldwide business sector industry structure. The growing electric vehicle (EV) market is resulting into development of the EV motor controller market. The high demand of these electric vehicles is because they contribute to reduction in greenhouse gas emissions and are highly fuel efficient. A motor controller is used to regulate the torque and/or the speed of the traction motor in an electric vehicle. Browse Full Report with TOC: http://www.transparencymarketresearch.com/ev-motor-controller-market.html The motor of an electric vehicle receive power from external or internal power supply. A battery is an essential constant-voltage device. But the actual voltage at terminals is the function of current demand and state of charge depending on the type of battery. Therefore a motor controller is needed to modify the basic system (battery) voltage so that an apt amount of current needed to generate torque desired by a vehicle’s driver, is received by the motor of the vehicle. Thus the vehicle driver can vary the torque of the traction motor at will. The motor controllers may be of DC (battery) or AC type depending upon the DC or AC motor used, respectively. One of the key drivers of Electric vehicle motor controller market growth is the rising demand for electric vehicles on passenger, commercial and heavy vehicle segments. The conventional fuels used in automobile industry, are depleting, thus result in opting for electric vehicles as an alternative solution. Thus, causing the motor controller market to develop at a higher rate as these would be required in the designing of electric vehicles. The high demand of electric vehicles may also be due to increasing awareness of using cleaner technologies. The motor controller can be easily recharged by using super-capacitors and ultracapacitors. The high cost of a motor controller can be a hindrance to its market development. The market for motor controllers is expected to concentrate mainly over China, the USA, Japan and Europe. Especially the USA is likely to encourage greater market development than the other nations due to its shift towards cleaner technologies. This is due to the expected influx of the EV models in industrial and commercial sectors mainly as they are low in emissions and high in fuel efficiency. The market growth in other nations such as India may be slow due to high usage of oil and gas based vehicles and
the decreasing oil prices. Another reason for the slow growth is the price-sensitive customers such nations that might be reluctant to opt for electric vehicles. Thus low demand for electric vehicles would hamper the electric vehicle motor controller market development. The segmentation of electric vehicle motor controller market can be done on the basis of technology. The DC motors employ DC motor controllers and AC motors employ AC motor controllers. The advantages of a DC motor controller over an AC motor controller are its low cost and its simplicity. The benefit of using AC motor controller is its regenerative braking (i.e. recapturing of kinetic energy as the car slows down) ability. This regening adds up to 30% to the range of a car using AC motor controller and saves wear on the brake pads. Electric reverse is easier in electric vehicles using ac motor controllers. Thus there is a possibility of the car manufacturers to prefer AC motor controllers over DC motor controllers. Some of the key players in EV motor controller market are Siemens AG, Curtis Industries, The Danfoss Group, and Shanghai Edrive Co. Ltd. Read More Reports on Energy and Mining Markets: http://www.transparencymarketresearch.com/energy-market-reports3.html This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include
North America
Asia Pacific
Europe
Rest of the World
This report provides comprehensive analysis of
Market growth drivers
Factors limiting market growth
Current market trends
Market structure
Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
It provides distinctive graphics and exemplified SWOT analysis of major market segments
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