Global Automotive Motors Market, By Product (Direct Current Brushed Motors, Direct Current Brushless

Published Date: | Report Code : AT1915488

X

Growing population and rising demand for safety features and advanced automotive system is expected to drive the growth of the automotive motors market during the forecast period. This has resulted in some of the key developments by companies operating in the market to consolidate their market positions and look for further niche opportunities.

Automotive motors are an integral part of a vehicle. An automotive motor converts fuel into mechanical energy, which helps in the movement and various functions of a vehicle such as cooling fans, power steering, etc. In the case of an electric vehicle, electrical energy is converted into mechanical energy.

Segment Analysis:

There are different types of motors such as performance motors, which improve the overall efficiency of a vehicle, comfort motors increase the riding capacity, and safety motors enhance the safety features of a vehicle.

Initiatives by governments and increased demand from the automotive industry are driving the growth of the automotive motors market.  Moreover, the increasing demand for passengers and commercial vehicles has contributed to the growth of the automotive motors market. Equipped with various safety features such as Electronic Stability Control (ESC), electronic brake distribution, etc will also need different kinds of motors to perform its function, which is also a responsibility for the increasing demand for automotive motors.

Asia Pacific is expected to lead the automotive motors market due to the increasing demand for vehicles from India, China, and other parts of the region. 

Key Factors Impacting Market Growth:

  • Increase in demand for commercial vehicles
  • Growing population and rising demand for safety features and advanced automotive system
  • Growing demand for electrical vehicles

Regional Analysis: 

By region, North America, Western Europe, and Asia Pacific are estimated to dominate the automotive motors market in terms of market demand. North America and Western Europe have been traditional markets for the automotive sector with many global manufacturers headquartered in this region. The automotive sector in these regions has been dynamic in terms of technological developments and product modifications. The demand for lightweight materials, cleaner emissions, and green fuels have been some of the key influencing factors in this region. Also, the market has witnessed steady recovery from recent slowdowns in the past decades. Some of these factors are expected to impact the dynamics of the automotive motors market in North America and Western Europe during the forecast period. The US, Germany, France, Italy, UK, and Spain have been some of the major economies for the automotive motors market in the region. 

Asia Pacific is estimated to be the fastest-growing region for the automotive motors market during the forecast period. This region has been one of the lucrative markets for the automotive sector in the past few decades with strategic investments by global companies in the region. China, Japan, India, and South Korea have been some of the major countries for the automotive motors market in the Asia Pacific region. The Middle East promises a strong market potential with the growth of the automotive sector in the region. Countries including UAE, Saudi Arabia, Qatar, and Iran have been diversifying the industrial sector to boost the economy in the past few decades. Other regions including Eastern Europe, South America, and Africa are estimated to emerging markets with growing demand during the forecast period.

Companies Covered: 

Johnson Electric, IFB Automotive Private Limited, Denso Corporation, Mitsubishi Electric Corporation, Robert Bosch GmbH, Panasonic Corporation, Siemens AG, Nidec Corporation, and Others…

Market Segmentation:

By Product:

  • Direct Current Brushed Motors
  • Direct Current Brushless Motors
  • Stepper Motors
  • Others

By Application:

  • Comfort Motors
  • Safety Motors
  • Performance Motors
  • Others

By Vehicle:

  • Commercial Vehicles
  • Two/Three Wheeler
  • Passenger Cars
  • Others

By Electric Vehicle:

  • Hybrid Electric Vehicle (HEV)
  • Battery Electric Vehicle (BEV)
  • Plug-in Hybrid Electric Vehicle (PHEV)
  • Others

By Region:

  • North America
    • By Country (US, Canada, Mexico)
    • By Product
    • By Application
    • By Vehicle
    • By Electric Vehicle
  • Western Europe
    • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
    • By Product
    • By Application
    • By Vehicle
    • By Electric Vehicle
  • Eastern Europe
    • By Country (Russia, Turkey, Rest of Eastern Europe)
    • By Product
    • By Application
    • By Vehicle
    • By Electric Vehicle
  • Asia Pacific
    • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
    • By Product
    • By Application
    • By Vehicle
    • By Electric Vehicle
  • Middle East
    • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
    • By Product
    • By Application
    • By Vehicle
    • By Electric Vehicle
  • Rest of the World
    • By Region (South America, Africa)
    • By Product
    • By Application
    • By Vehicle
    • By Electric Vehicle

Reasons To Buy This Report:

  • Market size estimation of the automotive motors market on a regional and global basis
  • Unique research design for market size estimation and forecast
  • Profiling of major companies operating in the market with key developments
  • Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country

For more information, contact: [email protected]

License Offering

Single User (PDF)

3850

Multi User (PDF)

5150

Enterprise User (PDF)

7650

 Regional Analysis

Your personal details are secure. Privacy Policy

Buy Chapters of Sections

Avail customized purchase options to meet your exact research needs.

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities
Detailed Coverage

Detailed scope covering all the major segments in the market

Meticulous Data Validations

In line data validations to ensure data precision

Recommendations

Market recommendations supporting decision making processes

Analyst Support

Round the clock analyst support to resolve your queries

Free Customization

Up to 15% additional free customization to meet your specific requirements

15% Free Customization

Share your Requirements

Questions?  Speak to an Analyst

Your personal details are secure. Privacy Policy