Automotive Micromotor Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Automotive Micromotor Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

Growth Factors of Automotive Micromotor Market

The global automotive micromotor market size was valued at USD 15.86 billion in 2023, and the market is now projected to grow from USD 17.29 billion in 2024 to USD 36.09 billion by 2032, exhibiting a CAGR of 9.6% during the forecast period of 2024-2032.

Automotive micromotors are compact electromechanical devices essential for precise control and actuation within automotive systems. They are widely employed in applications, such as power windows, power mirrors, seat adjustments, wiper motors, and others.

The market’s expansion is driven by a growing consumer preference for luxury and technologically advanced vehicles. Buyers increasingly favor cars equipped with premium features, such as electric sunroofs, head-up displays, and advanced HVAC systems, all of which rely on micromotors. Additionally, the rising popularity of SUVs and the transition to electric vehicles further contribute to the automotive micromotor market growth.

In India, China, and Brazil, increasing disposable incomes and urbanization are driving up vehicle ownership. These vehicles often feature a range of electronic comforts powered by micromotors, which is boosting the automotive micrometer market. The rise of Advanced Driver Assistance Systems (ADAS) is significantly influencing the market. Technologies, such as adaptive cruise control, lane-keeping assist, collision avoidance rely on various micromotors to operate effectively, underscoring their importance in modern vehicles.

Comprehensive Analysis of Automotive Micromotor Market

The market is divided by vehicle type into hatchback/sedan, SUV, light-duty truck, and heavy-duty truck, with SUVs leading in market share due to their rising popularity and advanced technological features. In terms of applications, the market is divided into power system, wiper motor, HVAC system, and others, with power system dominating the market. In terms of technology, the market is categorized into brushed micromotor and brushless micromotor. The brushed micromotor segment holds the largest automotive micromotor market share driven by its use in essential automotive functions. The market is segregated by components such as rotor, stator, magnet, and others, with magnets leading in both share and share. This is due to ongoing innovations in materials and design that enhance performance and cost-effectiveness.

Asia Pacific market’s was valued at USD 7.69 billion in 2023 and is expected to sustain its leadership in the coming years, showcasing the highest CAGR. Rising electric vehicle sales and an increasing number of vehicles in operation fuel the demand for automotive micromotors in the region.

The market for automotive micromotor is bolstered by key organizations that play a vital role in setting industry standards and promoting growth. Prominent players in this sector include Robert Bosch GmbH (Germany), Constar MicroMotor (China), Buhler Group (Switzerland), Johnson Electric Holdings Limited (China), NIDEC CORPORATION (Japan), Brose Fahrzeugteile GmbH & Co. KG (Germany), Mitsuba Corp. (Japan), MABUCHI MOTOR CO., LTD (Japan), Valeo SA (France), Denso Corporation (Japan), and Maxon (Germany).

In September 2020, DENSO Corporation introduced a new Electric Power Steering Motor Control Unit (EPS-MCU) aimed at improving vehicle handling and safety. This innovation is incorporated in the TOYOTA NEW HARRIER, launched in June 2020, and will also be utilized in vehicles from various manufacturers.

Segmentation Table

Global Automotive Micromotor Market Scope

Study Period 2019-2032

Base Year 2023

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 9.6% from 2024 to 2032

Unit Value (USD Billion)

Segmentation By Vehicle Type

Hatchback/Sedan

SUV

Light Duty Truck

Heavy Duty Truck

By Power Consumption

Less than 12V

12V-23V

More Than 24V

By Application

Power System (Windows, Seat & Steering)

Wiper Motor

HVAC System

Others

By Technology Type

Brushed Micromotor

Brushless Micromotor

By Component

Rotor

Stator

Magnet

Others

By Region

North America (By Vehicle Type, Power Consumption, Application, Technology Type, and Component)

U.S. (By Vehicle Type)

Canada (By Vehicle Type)

Mexico (By Vehicle Type)

Europe (By Vehicle Type, Power Consumption, Application, Technology Type, and Component)

Germany (By Vehicle Type)

U.K. (By Vehicle Type)

France (By Vehicle Type)

Rest of Europe (By Vehicle Type)

Asia Pacific (By Vehicle Type, Power Consumption, Application, Technology Type, and Component)

China (By Vehicle Type)

Japan (By Vehicle Type)

India (By Vehicle Type)

Rest of Asia Pacific (By Vehicle Type)

Rest of the World (By Vehicle Type, Power Consumption, Application, Technology Type, and Component)