Motor Stator Market Top Scenario, SWOT Analysis, Business Overview & Forecast 2017 - 2025
An electric motor is considered to be the heart of any hybrid vehicle. It is responsible for propulsion and energy recovery. A stator is a stationary part of an electric motor. Stator generates rotating magnetic electric field which drives the rotating armature. The stator requires lamination to reduce eddy current losses, better efficiency, and long life to the motor. For better performance of hybrid vehicle, powerful, reliable, and economical motor is used. Manufacturers are producing electric vehicles and hybrid vehicles due to growing environmental concerns and continuous increase in energy cost. These factors are anticipated to boost the demand for motor stator during the forecast period. However, high replacement cost of the electric motor and availability of alternative options in hybrid vehicles is anticipated to hamper the motor stator market during the forecast period. The motor stator market for hybrid vehicle can be segmented based on stator winding, lamination, vehic...