Electric Vehicle Motor Market is Expected to Reach Over CAGR of 22.67 Electric Vehicle Motor Market 2017-2021

Electric Vehicle Motor Market is expected to reach over CAGR of 22.67% during 2017- 2021: Radiant Insights, Inc “Global Electric Vehicle Motor Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts.” About Electric Vehicle Motor An electric motor is a machine that converts electrical energy into mechanical energy by the interaction of magnetic field with the current. The motor mainly consists of two parts: a rotor and a stator. The motors can be categorized into direct current (DC) motor and alternating current (AC) motor based on the type of electricity used by the motor. Furthermore, AC motors are classified into synchronous or asynchronous motors, and DC motors are classified into brushed and brushless motors. Technavio's analysts forecast the global electric vehicle motor market to grow at a CAGR of 22.67% during the period 2017-2021. Read Complete Report With TOC @ http://www.radiantinsights.com/research/global- electric-vehicle-motor-market-2017-2021 Covered in this report Follow Us: