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Automotive Micro Motor Market 2019 is Trending with Key Players- Buhler Motor Gmbh, Mitsubishi Electric Corporation, Johnson Electric Holdings Limited, Mitsuba Corporation, Nidec Corporation

03-22-2019 04:36 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Market Prognosis

Advanced Technologies have been Developed to Manufacture High-Performance Micro Motors, Which Could Drive the Market

Features, like automatic air vent movement for passing air in water distribution pipes to avoid damages (corrosion, air pockets in radiators), front and rear mirror control and seat adjustments in all segments have led to a huge demand for these micro motors and their mass production. In 2016, Mabuchi Motor designed two motors -IS-94BZA and IS-92BZA, for Light Electric Vehicles. The new product achieves lightweight, compactness, high output, and high efficiency.

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Major Players:
BUHLER MOTOR GMBH, MITSUBISHI ELECTRIC CORPORATION, JOHNSON ELECTRIC HOLDINGS LIMITED, MITSUBA CORPORATION, NIDEC CORPORATION are amongst others

Reasons to Purchase this Report:
• To study current and future market outlook in the developed and emerging markets
• Analyzing various perspectives of the market with the help of Porter’s five forces analysis
• The segment that is expected to dominate the market
• Regions that are expected to witness fastest growth during the forecast period
• Identify the latest developments, market shares, and strategies employed by the major market players
• 3-month analyst support, along with the Market Estimate sheet (in excel)

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As of 2016, the Asia-Pacific region is the largest market for automotive micro motors and is expected to maintain its dominance till 2022. APAC, alone, contributed to over 55% of the total micro motor production across the globe in 2015. The recent developments in designing compact and high-efficiency motors have created opportunities in the automobile industry. Europe is the second largest market for automotive micro motors. The North American automotive market is growing relatively fast in production and sales. The features of micro motors allow the automotive industry to incorporate luxury in all segments.

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About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today’s complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

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