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Automotive Micro Motor Market, Current Trends, Sales, Shares And New Opportunities Report 2022 - 2026
Automotive Micro Motor Market
The regions covered in the automotive micro motor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa. Among these regions, Asia Pacific accounts for the largest automotive micro motor market share.
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The automotive micro motor market consists of sales of automotive micro motors by entities (organizations, sole traders, and partnerships), that are used in the automotive industry to convert electrical energy into mechanical energy. Automotive micro motors are compact, lightweight, and simple to operate motors with low power consumption and little electromagnetic interference and hence are ideal for usage in small, complicated locations with limited power budgets, such as modern electrical and electronic systems. Automotive micro motors are used for mirror controls, electronic climate control, seat adjustments, windows and car door locks, electric pumps, and automatic antenna parts assembly and others in automobiles.
Key competitors in the automotive micro motor market include ABB, Buhler Motor Gmbh, Constart Micro Motor, Johnson Electric, Nidec Corporation, Robert Bosch, Denso, Mabuchi Motors, Asmo, Brose, Mahle, Panasonic, Shihlin Electric, IFB Automotive Private Limited, Maxon Motor and Constar Micromotor Co. Ltd
The global automotive micro motor market size is expected to grow from $2.60 billion in 2021 to $2.69 billion in 2022 at a compound annual growth rate (CAGR) of 3.78%. The growth in the market is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global automotive micro motor market size is expected to reach $3.11 billion in 2026 at a CAGR of 3.69%.
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TBRC's report segments the global automotive micro motor market:
1) By Type: AC Micro Motor, DC Micro Motor
2) By Power Consumption: 48V, 25V-48V, 12V-24V, Less than 11V
3) By Technology: Brushed, Brushless
4) By Application: Passenger Vehicle, Commercial Vehicle
Read Further On The Automotive Micro Motor Market Here:
https://www.thebusinessresearchcompany.com/report/automotive-micro-motor-global-market-report
The Table of Contents includes:
1. Executive Summary
2. Automotive Micro Motor Market Characteristics
3. Automotive Micro Motor Market Trends And Strategies
4. Impact Of COVID-19 On Automotive Micro Motor
5. Automotive Micro Motor Market Size And Growth
.....
27. Automotive Micro Motor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Micro Motor Market
29. Automotive Micro Motor Market Future Outlook and Potential Analysis
30. Appendix
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