Market Research Future Published Research Report on Global Automotive Motor Market. The factors that are responsible for the growth of automotive motor are increased government initiative, energy efficient evaluation program, increased demand from automotive industry, and others.
Automotive Motor Market Competitive Analysis:
The key players in automotive motor market are Robert Bosch GmbH (Germany), Johnson Electric Holdings Ltd. (Hong Kong), Continental AG (Germany), Nidec Corporation (Japan), Denso Corporation (Japan), and Mitsubishi Electric Corporation (Japan). Siemens AG (Germany), Magna International (Canada), Valeo S.A. (France), Borgwarner Inc. (U.S.), Mitsuba Corporation (Japan), Mahle Group (Germany), PMP Auto Components Pvt. Ltd. (India), SAIC Motor Corporation Limited (China), REIL Electricals India Limited (India) are among others.
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Drivers and Constraints Impacting the Market:
Government have taken various initiatives to improve the efficiency of the motor. According to Office of Energy Efficiency & Renewable Energy, there has been a significant investment of about USD 25 million for the advancement of technology to provide energy-efficient motor. The department of energy have taken up various projects by Next Generation of Electric Machines which will enable them to get fund opportunity.
The initiative will leverage the manufacturers of motors with advanced technology made in nanomaterial’s research with improved performance. The improved performance of automotive motor will result in the growth of the market during forecast period. The increased demand from automotive industry is majorly due to growing demand for electric vehicles. The most popular electric vehicle manufacturer Tesla is equipped with high-speed motor with a 3-phase electric induction motor. The increase in demand from the electric vehicle manufacturers will result in the growth of the automotive market.
Global Automotive Motor Market Segmental Analysis:
This study provides an overview of the global automotive motor market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global Automotive Motors market by its product, application, vehicle type, and electric vehicle type, and region
By Product:
DC Brushed
BLDC Motors
Stepper
By Application:
Performance Motors
Comfort Motors
Safety Motors
By Vehicle Type:
Passenger Car
Commercial Vehicle
By Electric Vehicle Type:
BEV
PHEV
HEV
Automotive Motor Market Regional Insights:
The Asia Pacific region is anticipated to witness the highest and the fastest growth over the forecast period, owing to the expanding production and sales of electric vehicles. The growing demand for passenger car and commercial vehicle, will result in increased sales of motors. Government in emerging economies have taken various initiatives to increase the production of vehicle.
North America is expected to be the second largest market in automotive motor. In North America, U.S. is expected to dominate the market due to growing demand for safety features to be installed in the vehicles.
Table Of Contents
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Process
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
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