Electric Vehicle Motor (EVM) Controller Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 – 2025
Motor controller is a device that improves the performance of an electric motor in a prearranged manner. Motor controllers can include an automatic or manual means for starting/stopping the motor, choosing forward/reverse rotation, selecting and controlling the speed, modifying or limiting the torque, and shielding against faults and overloads. The major constituents of electric vehicle systems are the motor, power supply, controller, drive train and a charger. An EVM controller or electric vehicle motor controller is a machine that is employed to regulate the torque generated by the motors of electric vehicles by means of modifying the energy flow from the power sources to the motor. Severe norms on vehicular efficiency as well as emissions have encouraged the implementation of high-level controllers. This is one of the key driving factors for the growth of the electric vehicle motor controller market. Quite a lot of countries have taken initiatives in order to lessen the greenhouse gas emissions. Countries including China as well as India follow norms that are comparable to the Euro norms. Furthermore, India adheres to BS IV norms at the present and the country is planning to implement BS VI regulations by the end of the year 2020. Japan on the other hand follows norms that are analogous to the Euro 5 norms and the US 2010 and is planning for a next revision by the year 2017. These regulations mandate the automobile manufacturers to manufacture virtually zero emission vehicles such as electric vehicles, thereby encouraging the growth of the electric vehicle motor controller market. Obtain Report Details @ http://www.transparencymarketresearch.com/electric-vehicle-motor-controllermarket.html Another trend that is likely to gain momentum in the global electric vehicle motor controller market is the introduction of the vehicle to grid or V2G storage and charging system. This system is an innovative concept that is emerging from the wireless charging system or WCS technology and the latest trend in this technology is in the induction reversal process where the charged vehicle powers the grid. This power is then used to run office buildings or additional