Automotive Motors Market, By Product Type (Direct Current Brushed Motors, Direct Current Brushless Motors, and Stepper Motors), By Application (Performance Motors, Comfort Motors, and Safety Motors), By Vehicle Type (Passenger Cars, Two/Three Wheelers, and Commercial Vehicles (Light Commercial Vehicles and Heavy Commercial vehicles), By Electric Vehicle Type ( Plug-in Hybrid Electric Vehicle, Hybrid Electric Vehicle, and Battery Electric Vehicle), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2030
Automotive motors are electric systems integrated in various automotive components such as airbags, ABS, and power windows, which help enhance vehicle performance, improve safety and increase comfort. Rampant growth of the global automotive sector, especially the electric vehicle segment, along with stringent government regulations pertaining to vehicle safety are augmenting the market growth. Majorly three types of motors are used in automotive which are direct current brushed motors, direct current brushless motors, and stepper motors.
The global Automotive Motors Market was valued for US$ 22,500 Mn in 2021.
Market Dynamics
The recent past has witnessed rising adoption of electric vehicles as they are an eco-friendly option, and are cost-effective. Such vehicles integrate a higher number of automotive motors and thus, growing demand for such motors is expected to fuel the growth of the automotive motors market. According to the International Energy Agency (IEA) report In the Paris Agreement, it was stated that 600 million electric vehicles will be on roads by 2040, which will aid in bringing global warming to below 2°C”.
Moreover, as the pollution has increased in various nations globally, the demand for the electric vehicles has also increased as they help in reducing the amount of the emissions in the environment. The depletion of fossil fuels is another factor that will lead to the growth of the market during the forecast period as fossil fuels cannot be renewed. Since, electric vehicles are introduced & it’s sales is also increasing in the market, the demand for the automotive motors will also grow in the coming years.
Key features of the study:
- This report provides an in-depth analysis of the global automotive motors market (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 to 2030), considering 2021 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
- It profiles leading players in the global automotive motors market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
- Key companies covered as a part of this study include Siemens AG, Robert Bosch GmbH, Continental AG, Denso Corporation, Magna International, Mitsubishi Electric Corporation, Valeo S.A., Mahle Group, Nidec Corporation, and Borgwarner Inc.
- Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
- The global automotive motors market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global automotive motors market
- Global Automotive Motors Market, By Product Type:
- DC Brushed Motors
- DC Brushless Motors
- Global Automotive Motors Market, By Application:
- Performance Motors
- Comfort Motors
- Global Automotive Motors Market, By Vehicle Segment:
- Passenger Cars (excluding electric vehicles)
- Two/Three Wheelers(excluding electric vehicles)
- Commercial Vehicles(excluding electric vehicles)
- Sub-Segment
- Light Commercial Vehicles
- Heavy Commercial vehicles
- Global Automotive Motors Market, By Electric Vehicle:
- Plug-in Hybrid Electric Vehicle (PHEV)
- Hybrid Electric Vehicle (HEV)
- Battery Electric Vehicle (BEV)
- Global Automotive Motors Market, By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Siemens AG*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Magna International
- Mitsubishi Electric Corporation
- Valeo S.A.
- Mahle Group
- Nidec Corporation
- Borgwarner Inc.
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Vehicle Type
- Market Snippet, By Electric Vehicles Type
- Market Snippet, By Region
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Restraints
- Market Opportunities
- Regulatory Scenario
- Industry Trend
- Merger and Acquisitions
- New system Launch/Approvals
- Impact of COVID-19 Pandemic
- 4. Global Automotive Motor Market, By Product Type, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- DC Brushed Motors
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- DC Brushless Motors
- Introduction
- Market Size and Forecast, 2017–2030, (US$ Million)
- 5. Global Automotive Motor Market, By Application, 2017 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Performance Motors
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Comfort Motors
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Safety Motors
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- 6. Global Automotive Motor Market, By Vehicle type, 2017 - 2030 (US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Passenger Cars(excluding electric vehicles)
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Two/Three Wheelers(excluding electric vehicles)
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Commercial Vehicles(excluding electric vehicles)
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Sub-Segment
- Light Commercial Vehicles
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Heavy Commercial vehicles
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- 7. Global Automotive Motor Market, By Electric Vehicles Type, 2017 - 2030(US$ Million)
- Introduction
- Market Share Analysis, 2022 and 2030 (%)
- Segment Trends
- Electric Vehicle
- Introduction
- Market Size and Forecast, 2017 - 2030, (US$ Million)
- Sub-Segments
- Plug-in Hybrid Electric Vehicle (PHEV)
- Hybrid Electric Vehicle (HEV)
- Battery Electric Vehicle (BEV)
- 8. Global Automotive Motor Market, By Region, 2017-2030 (US$ Million)
- Introduction
- Market Share Analysis, By Region, 2022 and 2030 (%)
- North America
- Regional Trends
- Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Electric Vehicles Type, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- U.S.
- Canada
- Europe
- Regional Trends
- Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Electric Vehicles Type, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- U.K.
- Germany
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Regional Trends
- Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Electric Vehicles Type, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Regional Trends
- Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Electric Vehicles Type, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East and Africa
- Regional Trends
- Market Size and Forecast, By Product Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Application, 2017–2030 (US$ Million)
- Market Size and Forecast, By Vehicle Type, 2017 - 2030 (US$ Million)
- Market Size and Forecast, By Electric Vehicles Type, 2017 - 2030 (US$ Million)
- Market Share Analysis, By Country, 2022 and 2030 (%)
- South Africa
- GCC Countries
- Rest of the Middle East and Africa
- 9. Competitive Landscape
- Company Profiles
- Siemens AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Robert Bosch GmbH
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Continental AG
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- DensCorporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Magna International
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Mitsubishi Electric Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- ValeS.A.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Mahle Group
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Nidec Corporation
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Borgwarner Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments/ Updates
- Analyst Views
- 10. Section
- References
- Research Methodology
- About us and Sales Contact
- *Browse 60 market data tables and 40 figures on "Automotive Motor Market- Global forecast t2030”.
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