Multi-motor EV market to reach $144bn by 2025
The IDTechEx report on electric motors, which has become a reference for suppliers and users of EV's, has been revised. The report, Electric Motors for Hybrid and Pure Electric Vehicles 2015-2025: Land, Water, Air, has found that there will be a $144bn market for multi-motor EV's by 2025. Contributing to this is the 8.9m more motors that will be available for multi-motor vehicles.
The report, which includes new interviews, presents a comparison of 157 suppliers. It found that more suppliers are designing their EV's with multi-motors, and these are selling. For example the Toyota Prius, in which the generator doubles as a traction motor, is the best-selling model in it's range.
The 8.9m more motors available for multi-motor vehicles in 2025 is divided between 37 applicational categories. The majority of these are land and industrial-commericlal vehicles. However, Dr Peter Harrop, Primary Author, comments: "[the] largest profit may be made in military and other segments. In some segments you are likely to be competing with your customer, in others less so."
Featured products
MAX17793
Analog Devices Inc.
3V to 80V, 3A, High-Efficiency, Synchronous Step-Down DC-DC Converter
| SKU: | MAX17793 |
|---|---|
| Stock: | 9316 |
| Cost: | $3.64 |
MAX22516
Analog Devices Inc.
IO-Link Data Link Controller with Transceiver and Integrated DC-DC
| SKU: | MAX22516 |
|---|---|
| Stock: | 8000 |
| Cost: | $5.42 |
