Global Automotive Motor Market study includes In-depth Analysis of the market by latest technologies, trends, opportunities, challenges, key players and business strategies considering types, segment, and future analysis. The automotive motor Market Report Provides Growth History, Sales Channel, Manufacturers Profiled in automotive motor Business, Market Share of Product, Application and Regional Scope of automotive motor which makes the research report a helpful resource for marketing people, forecasters, industry executives & consultants, sales, product managers, Strategy Advisor, potential investors to understand the present as well as future market size, situations in terms of growth rate and revenue. This report will help the viewer in Better Decision Making.
The global automotive motor
market size is projected to reach USD 49.07 billion by 2025 and registering
CAGR of 6.7% over the forecast period from 2019 to 2025, according to new
report of Million Insights. Automotive industry is gaining traction due to
technological advancement to cater to rapidly changing consumer preferences. Automotive
OEMs are focusing on developing efficient motors. Moreover, rising need for
energy efficient vehicles is fuelling the demand for highly efficient and
better performance motor. In addition, stringent government rules for fuel
emission have resulted in developing lightweight automobile components without
losing structural strength and performance of components.
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Growing adoption of
electric vehicles coupled with growth of automotive industry is projected to
drive the automotive motor demand over the forecast period. These motors are
widely used for internal/external comfort control systems, sunroof systems,
safety systems, powertrain systems and car chassis. Currently they are used for
automated doors, wipers, adjustable mirrors, massage seats and sunroof systems,
thereby increasing usage of motors for various applications will drive the
market growth across the globe.
The adoption of electric
vehicles is increasing in order to curb several problems like environmental
pollution, global warming and oil dependency, thereby expected to augment the
product demand in the near future. Governments across the globe have
implemented several policies to adopt electric vehicles. Advent of new technologies
for the production of electric vehicles and increasing focus on producing low
fuel consumption vehicles will surge the production of electric vehicles which
is expected to propel the demand for automotive motors. Enhancement in
manufacturing batteries and upcoming regulations of the Internal Combustion
Engine (ICE) vehicles will further boost the demand for electric vehicles.
Electric vehicle manufacturers prefer to adopt electric motors due to higher
efficiency, quick response, low cost and maintenance.
Table of
Contents
Chapter 1 automotive
motor Market Overview
1.1 automotive
motor Definition
1.2 automotive
motor Market Size Status and Outlook (2019-2025)
1.3 Global automotive
motor Market Size Comparison by Region (2019-2025)
1.4 Global automotive
motor Market Size Comparison by Type (2019-2025)
1.5 Global automotive
motor Market Size Comparison by Application (2019-2025)
1.6 Global automotive
motor Market Size Comparison by Sales Channel (2019-2025)
1.7 automotive
motor Market Dynamics
1.7.1 Market
Drivers/Opportunities
1.7.2 Market
Challenges/Risks
1.7.3 Market News
(Mergers/Acquisitions/ Expansion)
Chapter 2 automotive
motor Market Segment Analysis by Player
Chapter 3 automotive
motor Market Segment Analysis by Type
And Continue…
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