Motors are devices used to transfer or transform electric power according to the principle of electromagnetic induction. Automotive motors include various used in vehicles, such as powertrain motor, power seat motors, wiper motors, etc. Generally, a normal saloon car will equip about 20~30 motors and a luxury saloon car may need 3 times. For commercial vehicles, the amount of motors equipped is also more than 10. These automotive motors are very important to vehicles.
This report contains market size and forecasts of Automotive Motor in global, including the following market information:
Global Automotive Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Motor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Motor companies in 2021 (%)
The global Automotive Motor market was valued at 53890 million in 2021 and is projected to reach US$ 64420 million by 2028, at a CAGR of 2.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Motor include Bosch, Asmo, Mitsuba, Brose, Johnson Electric, Nidec, Mabuchi, Valeo Group and Mahle, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Motor Market Segment Percentages, by Type, 2021 (%)
Motor
Stater
Alternator
Global Automotive Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Motor Market Segment Percentages, by Application, 2021 (%)
Body
Powertrain
Classis
Global Automotive Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Motor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Motor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Motor revenues share in global market, 2021 (%)
Key companies Automotive Motor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Motor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Asmo
Mitsuba
Brose
Johnson Electric
Nidec
Mabuchi
Valeo Group
Mahle
SandT Motiv
Remy International
BüHLER Motor
Shihlin Electric
Jheeco
Bright
Inteva Products
Wuxi Minxian
Prestolite Electric
Zhejiang Dehong