CANADA EV TRACTION MOTOR MARKET

INTRODUCTION

Electric traction motors are used to power trains, trams, metros, and a variety of other vehicles in modern times. Electric motors have long been utilised in a wide variety of applications.

Due to growing worries over GHG emissions, electric cars will become more and more important over time. Many nations and international leaders are encouraging e-mobility to reduce carbon emissions and dependency on internal combustion engines.

Electric vehicles not only promote greener e-transportation but also aid to lessen the need for fossil fuels. The need for electric traction motors is driven by the employment of these motors, which are mostly used in trains, trams, metros, EVs, elevators, and conveyors, among other applications.

As a result, it is anticipated that more people will use electric vehicles and that their concerns about the environment will rise.

CANADA EV TRACTION MOTOR MARKET SIZE AND FORECAST

The Canada EV Traction Motor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

NEW PRODUCT LAUNCH

Nidec created the E-Axle, an electric vehicle traction motor system that incorporates an inverter, a reducer, and a motor. It was then put into mass production in The Nidec E-Axle series' 150kW output model which has a 3900 Nm torque rating and only weights 87kg.

The power density of this small and lightweight device is substantially beyond that of competing products.

This device was made feasible by the extensive product development expertise Nidec has long developed in the IT sector, where we have repeatedly produced the smallest-class motors in the world by utilising technologies to build incredibly compact and thin goods. Additionally, Nidec's E-Axle was given a new cooling system.

A new form of magnet-free electric motor that does not require rare earth elements is being created by MAHLE right now. Production is improved in terms of cost and resource security in addition to being more ecologically friendly.

The new motor's key feature is its inductive, hence contactless, power transmission, which enables it to run effectively and without wear at high speeds.

Almost all operational locations have efficiency levels exceeding 95%, which was previously only possible with Formula E racing vehicles. This innovative innovation is simply scalable and may be applied to everything from subcompacts to commercial vehicles.

The new traction motor from MAHLE is extremely efficient—at practically all operating points—and truly exhibits these benefits in areas where cars are predominantly operated in real road traffic.

COMPANY PROFILE

• ABB Limited
• Parker-Hannifin Corp
• SKF AB
• Hitachi
• TRW Automotive.

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS

1. What is the average cost per Canada EV Traction Motor Market right now and how will it change in the next 5-6 years? 
2. The average cost to set up an EV Traction Motor Market iN Canada?
3. How many Canada EV Traction Motor Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of a Canada EV Traction Motor Market  and key vendor selection criteria
6. Where is the Canada EV Traction Motor Market manufactured? What is the average margin per equipment?
7. Market share of Canada EV Traction Motor Market manufacturers and their upcoming products
8. The most important planned Canada EV Traction Motor Market  in the next 2 years
9. Details on a network of major Canada EV Traction Motor Market and pricing plans
10. The cost advantage for OEMs who manufacture Canada EV Traction Motor Market in-house
11. 5 key predictions for the next 5 years in Canada EV Traction Motor Market
12. Average B-2-B Canada EV Traction Motor Market price in all segments
13. Latest trends in Canada EV Traction Motor Market, by every market segment
14. The market size (both volume and value) of Canada EV Traction Motor Market in 2022-2027 and every year in between?
15. Global production breakup of Canada EV Traction Motor Market, by suppliers and their OEM relationship