PRN: Research and Markets - Global Electric Vehicle Motor (EVM) Controller Market to Grow at a CAGR of 42.51%, 2017-2021 with Continental, Delphi, Sevcon, Siemens & Texas Instruments Dominating

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Research and Markets - Global Electric Vehicle Motor (EVM) Controller Market to Grow at a CAGR of 42.51%, 2017-2021 with Continental, Delphi, Sevcon, Siemens & Texas Instruments Dominating

 
[25-April-2017]
 

DUBLIN, Apr. 25, 2017 /PRNewswire/ --

Research and Markets has announced the addition of the "Global Electric Vehicle Motor (EVM) Controller Market 2017-2021" report to their offering.

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The global electric vehicle motor controllers market to grow at a CAGR of 42.51% during the period 2017-2021.

The report, Global Electric Vehicle Motor Controllers Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the Key vendors operating in this market.

The latest trend gaining momentum in the market is growing adoption of SiC and GaN. An EVM controller typically uses Si-based IGBT modules for switching the power. However, the rising demand for an improved range and cost reduction of EVs will push for the size reduction of these power modules, thereby increasing its overall efficiency.

According to the report, one of the major drivers for this market is use of micro control modules in direct drives to incorporate dynamic safety features. Electric motors achieve the high torque after ignition. This feature eliminates the need for the transmission if the motor is used directly near the wheels to power up since no shifting of power is needed for electric motors. Such systems are called direct drive or in-wheel motors. Vehicles that are equipped with in-wheel motors are expected to be launched by 2017. Such vehicles will have the wheels equipped with motors, which can control each wheel independently, thereby giving an electronic control on brakes and acceleration.

Further, the report states that one of the major factors hindering the growth of this market is increase in controller price due to the complexity of functions and architecture. The additional components that comprise an EV compared to conventional gasoline/diesel powered vehicles are the battery, electric controller, motor, and power inverter. The supplier-level cost of these components, except controllers, will decline during the forecast period. This is due to the mass production of EV parts that arise from the increasing demand for EVs worldwide.

Key vendors

  • Continental
  • Delphi
  • Sevcon
  • Siemens
  • Texas Instruments

Other prominent vendors

  • AMC
  • Air International Thermal Systems
  • Bosch
  • BYD
  • DENSO
  • EVS
  • Fuji Electric
  • Others

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by powertrain type

PART 07: Geographical segmentation

PART 08: Decision framework

PART 09: Drivers and challenges

PART 10: Market trends

PART 11: Vendor landscape

PART 12: Key vendor analysis

PART 13: Appendix

For more information about this report visit http://www.researchandmarkets.com/research/wfjsxk/global_electric

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Laura Wood, Senior Manager
press@researchandmarkets.com

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