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The global electric vehicle traction motor market size is expected to reach USD 19.8 billion by 2025, registering a CAGR of 41.6% over the forecast period, according to a new study by Radiant Insights, Inc. Traction motor is the most vital component used in Electric Vehicles (EV) as it aids the movement of the vehicle.
Governments of developing and developed countries are taking initiatives for boosting the adoption of electric vehicles, through establishment of various stringent norms and policies regarding carbon emissions, as a result of the growing environmental hazards posed by traditional combustion engine vehicles.
Download Free Sample Report @ https://www.radiantinsights.com/research/electric-vehicle-ev-traction-motor-market/request-sample Furthermore, the cost of ownership of combustion engine vehicles has witnessed rapid rise as a result of the consistent increase in the prices of petrol and diesel.
Although, lower loading capacity is proving to be a restraint for the higher adoption of EVs, companies are observed to be making huge investments to develop advanced technology for EVs and developing powerful motors and batteries.
Further key findings from the study suggest: • The BEV segment held a market share of over 50% in 2018, owing to the higher production and availability of fully battery-operated vehicles globally • The PHEV segment is forecasted to expand at a significant CAGR over the forecast period, due to reduced risk of vehicle shut down during the commute • Asia Pacific is expected to account for the highest market share, followed by North America, by 2025.
High adoption of EVs in countries such as China, contributed to the higher share of Asia Pacific • Key market players in electric vehicle traction motor market include ABB Limited, Robert Bosch GMBH, ZF TRW Automotive Holdings Corporation, Parker-Hannifin Corp., Avid Technology Limited, and Valeo SA Browse Full Research Report with TOC @ https://www.radiantinsights.com/research/electric-vehicle-ev-traction-motor-market Table of Contents Chapter 1.
The global Cervical Traction Devices market was valued at million US$ in 2018 and will reach million US$ by the end of 2025, growing at a CAGR of during 2019-2025.This report studies the global Cervical Traction Devices market status and forecast, categorizes the global Cervical Traction Devices market size (value & volume) by key players, type, application, and region.
This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).Critical Questions Addressed by the ReportWhat are the current trends that are driving the Cervical Traction Devicesmarket?Where will all these developments take the industry in the mid- to long-term?Who are the top vendors in the Cervical Traction Devicesmarket and what is their competitive analysis?How is adoption of Cervical Traction Devicessolutions among different industries?How is the adoption of Cervical Traction Devicessolutions among different regions?Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-cervical-traction-devices-2019-400Major manufacturers covered in this reportRS MedicalComforTracDJOMagister CorporationPettibon SystemCorePosture PumpPMTIn view of regional level, this report coversUnited StatesEuropeChinaJapanSoutheast AsiaIndiaSegment by TypePortable TypeMechanical TypeInflatable TypeSegment by ApplicationHospitalHome UseWhat is the regional structure of the market?
Our analysis-The Cervical Traction DevicesIndustry report analyzes footprint of every product and its significance, analyzes examines each geographical segment of the market with import, export, consumption, and production in these regions to provide a complete understanding of the Cervical Traction Devicesmarket.Basic information with detail to the Cervical Traction Devicesmarket share held by the regions in company with the trade, deal, that every geography explanations for have been given in the report.
Our business offerings show the fresh and the trustworthy information derived from relevant data, which helps businesses to give strength and a competitive edge.In addition to, the Cervical Traction DevicesIndustry report covers analysis of different products available in the global market based on production, volume, revenue, and cost and price structure.
The Cervical Traction DevicesMarket report also highlights key strategies that proved to be profitable for the business along with the strategies involved in business expansion, partnership deals, composition, and new product/service launches.”Get the Complete Report & TOC at https://www.24marketreports.com/life-sciences/global-cervical-traction-devices-2019-400CONTACT US:276 5th Avenue, New York , NY 10001,United StatesInternational: (+1) 646 781 7170Email: [email protected] Us On linkedin :- https://www.linkedin.com/company/24-market-reports