Global Rare Earth Free Electric Motor Market 2022-2027

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    GLOBAL RARE EARTH FREE ELECTRIC MOTOR MARKET

     

     

    INTRODUCTION 

    Most electric car engines have magnets, which are often made of rare earth metals like neodymium. Because powered coils require electricity to be transferred from the battery to the coils in a spinning rotor, it’s great to have a persistent source of powerful rare earth magnetism in your rotor. 

     

     

    Vehicle manufacturers are aware of these concerns, and many have stated that rare-earths will be eliminated or reduced in their electric motors. 

     

     

    Although the amount of REE used in a product may not constitute a substantial portion of the product in terms of weight, value, or volume, REE may be required for the device to function. 

     

     

    The electric motors utilised in EVs have a rare-earth motorway off-ramp. 

     

    Infographic: Global Rare Earth Free Electric Motor Market, Global Rare Earth Free Electric Motor Market Size, Global Rare Earth Free Electric Motor Market Trends,  Global Rare Earth Free Electric Motor Market Forecast,  Global Rare Earth Free Electric Motor Market Risks, Global Rare Earth Free Electric Motor Market Report, Global Rare Earth Free Electric Motor Market Share

     

    Several concerns, such as the scarcity of fossil fuels, price volatility, greenhouse gas emissions, and present levels of pollution in urban areas, are driving the development of greener transportation systems based on more efficient electric and hybrid vehicles. 

     

     

    The electronics, defence, and renewable energy industries all rely on rare earths. The magnets they manufacture are known as permanent magnets because they can generate a steady magnetic pull. 

     

     

    These use less battery power than conventional magnets, allowing vehicles to travel longer distances before recharging. 

     

     

    GLOBAL RARE EARTH FREE ELECTRIC MOTOR MARKET SIZE AND FORECAST 

      

     

    The Global Rare Earth Free Electric Motor Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2027, registering a CAGR of XX% from 2022 to 2027. 

     

    RECENT PARTNERSHIPS IN GLOBAL RARE EARTH FREE ELECTRIC MOTOR MARKET

    A new relationship between Renault Group and Valeo will be used to design and manufacture the company’s upcoming line of electric motors.

     

    The factory where Renault manufactures the current generation of motors, located in Cleon, northern France, will construct the new motors. They will be constructed without rare earth metals, like with Renault’s current motors, which have caused issues due to their price volatility and Chinese government control.

     

    The engines will be able to generate 200 kilowatts, which is a substantial improvement over Renault’s current engines. The Megane E-Tech Electric small, the automaker’s most recent electric vehicle, with a 160 kilowatt motor.

     

    without providing any further details. Renault and Valeo declared they had a collaboration after signing a memorandum of understanding.

     

    Renault will contract with Valeo and Valeo Siemens eAutomotive, a joint venture that Valeo recently acquired full control of, to design and manufacture the stator, the static component of an electric motor. Currently, the Cleon facility manufactures stator products that use copper windings.

     

     

    GLOBAL RARE EARTH FREE ELECTRIC MOTOR NEW PRODUCT LAUNCH 

    MAHLE is working on a new type of magnet-free electric motor that doesn’t use rare earth elements. This not only makes production more ecologically friendly, but it also saves money and ensures resource security. The inductive, and hence contactless, power transmission is a key characteristic of the new motor, allowing it to function wear-free and efficiently at high speeds. 

     

     

    The new MAHLE traction motor is extremely efficient—at practically all operating points—and displays these benefits in categories where cars are mostly used in real-world traffic. 

     

     

    Mahle is working on a new magnet-free electric motor for electric vehicles. This electric motor is said to not require rare earth metals, which are difficult to come by and expensive. The motor is inductive and features a contactless power transmission, according to Mahle. 

     

     

    Our innovative traction motor does not use rare earth magnets, but instead uses an excitation coil in the rotor to generate the necessary magnetic field for operation. 

     

     

    Toyota Motor Corporation has created the world’s first heat-resistant, neodymium-reduced magnet. Neodymium magnets are utilised in a variety of motors, including high-output motors found in electric vehicles, and their use is likely to skyrocket in the near future. The new magnet requires a lot less neodymium, a rare-earth element, and it can withstand high temperatures. 

     

     

    COMPANY PROFILE 

     

     

     

    THIS REPORT WILL ANSWER FOLLOWING QUESTIONS 

     

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

     

     

    Sl no  Topic 
    Market Segmentation 
    Scope of the report 
    Abbreviations 
    Research Methodology 
    Executive Summary 
    Introduction 
    Insights from Industry stakeholders 
    Cost breakdown of Product by sub-components and average profit margin 
    Disruptive innovation in the Industry 
    10  Technology trends in the Industry 
    11  Consumer trends in the industry 
    12  Recent Production Milestones 
    13  Component Manufacturing in US, EU and China 
    14  COVID-19 impact on overall market 
    15  COVID-19 impact on Production of components 
    16  COVID-19 impact on Point of sale 
    17  Market Segmentation, Dynamics and Forecast by Geography, 2022-2027 
    18  Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 
    19  Market Segmentation, Dynamics and Forecast by Application, 2022-2027 
    20  Market Segmentation, Dynamics and Forecast by End use, 2022-2027 
    21  Product installation rate by OEM, 2022 
    22  Incline/Decline in Average B-2-B selling price in past 5 years 
    23  Competition from substitute products 
    24  Gross margin and average profitability of suppliers 
    25  New product development in past 12 months 
    26  M&A in past 12 months 
    27  Growth strategy of leading players 
    28  Market share of vendors, 2022 
    29  Company Profiles 
    30  Unmet needs and opportunity for new suppliers 
    31  Conclusion 
    32  Appendix 
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