Automotive Motor Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

In 2021, the market size of automotive motors is estimated to be 20.3 billion USD, and by 2028 it is projected to reach 2931,000 USD, and by 2022-2028, it is growing at a CAGR of 5%. An automobile motor is a machine that converts electrical energy provided by a battery or engine unit into mechanical energy. The reverse action of converting mechanical energy into electrical energy can be found in generators. Most automotive motors function through the interaction between the winding current and the motor’s magnetic field. For example, this can be seen in electric motors used to start vehicles, so they are called starter motors.

 

Company Profile

• Siemens AG
• Robert Bosch GmbH
• Continental AG
• Denso Corporation
• Mitsubishi Electric Corporation
• Valeo SA
• Mahle Group
• Nidec Corporation

 

Market Segmentation

By Product Type

• DC Brushed
• BLDC Motors
• Stepper

By End-use

• Performance Motors
• Comfort Motors
• Safety Motors

By vehicle type

• Passenger Car
• LCV
• HCV

 

Scope of the Report

The research study analyzes the Automotive Motor Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

 

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

 

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

 

Key Questions Answered by Automotive Motor Market Report

 

1. What was the Automotive Motor Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Automotive Motor Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Automotive Motor Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.