openPR Logo
Press release

Automotive Motors Market Size US$ 49.4 Billion by 2027, Impelled by Significant Growth in Automotive Sector

07-19-2022 11:47 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: IMARC Group

Automotive Motors Market Size US$ 49.4 Billion by 2027, Impelled

IMARC Group's latest research report, titled "Automotive Motors Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027," offers a comprehensive analysis of the industry, which comprises insights on the global automotive motors market size. The report also includes competitor and regional analysis, and contemporary advancements in the market. The  market reached a value of US$ 35.7 Billion in 2021. Looking forward, IMARC Group expects the global automotive motors market to reach a value of US$ 49.4 Billion by 2027, exhibiting a CAGR of 5.20% during 2022-2027.

Automotive motors refer to the machines used in vehicles that convert electrical energy into mechanical energy. They consist of a stator, encoder, rotator, conducting wire, amplifier, and frame. Commonly utilized automotive motors include traction, brushless direct current (DC), stepper, and DC brushed. They are extensively used in battery electric vehicles (BEV), two-wheelers, passenger cars, heavy commercial vehicles (HCVs), plug-in hybrid electric vehicles (PHEV), etc., for enhancing the safety, performance, comfort, convenience, and security. Automotive motors have higher thermal efficiency, generate more power, and are cost-effective. As a result, these machines find widespread applications in seat cooling fans, sunroofs, alternators, power window motors, wiper systems, power steering motors, exhaust gas recirculation (EGR), anti-lock brake systems, etc.

Get Free Sample Copy of Report at - https://www.imarcgroup.com/automotive-motors-market/requestsample

Important Attribute and highlights of the Report:

Detailed analysis of the global market share
Market Segmentation by motor type, vehicle type, sales channel and application.
Historical, current, and projected size of the market in terms of volume and value
Latest industry trends and developments
Competitive Landscape for automotive motors market
Strategies of major players and product offerings

The escalating product demand in central controllers, advanced infotainment systems, heads-up displays, and gesture control mechanisms is among the primary factors driving the automotive motors market. Besides this, the introduction of high-efficiency and compact automated machines that assist in minimizing wastes and simplifying production processes is further augmenting the market growth. Apart from this, the elevating requirement for brushed direct current (DC) automotive motors, on account of its various advantages, such as high power, cost-effectiveness, and easy speed control, is also catalyzing the global market. Moreover, the development of smart machines for performing complex operations and the rising expenditure capacities of individuals are acting as significant growth-inducing factors. Furthermore, the growing popularity of electric vehicles (EVs), owing to the increasing environmental concerns, is anticipated to propel the automotive motors market over the forecasted period.

Key Players Included in Global Automotive Motors Market Research Report:

BorgWarner Inc.
Brose Fahrzeugteile SE & Co. KG
Bühler Motor GmbH
Continental AG
Johnson Electric Holdings Limited
Mabuchi Motor Co. Ltd.
MAHLE GmbH
MITSUBA Corporation
Mitsubishi Electric Corporation
Nidec Corporation
Ricardo PLC
Robert Bosch GmbH
Siemens AG and Valeo

Do you know more information, Contact to our analyst at- https://www.imarcgroup.com/automotive-motors-market

COVID-19 Impact Overview:

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Key Market Segmentation:

 Breakup by Motor Type:

Brushed DC Motor
Brushless DC Motor
Stepper Motor
Traction Motor

Breakup by Vehicle Type:

Electric Vehicle
BEV
PHEV
Non-Electric Vehicle
Passenger
LCV
HCV

Breakup by Sales Channel:

Original Equipment Manufacturer (OEM)
Aftermarket

Breakup by Application:

Safety
Comfort
Performance

Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

TOC for the Automotive Motors Market Research Report:

Preface
Scope and Methodology
Executive Summary
Introduction
Global Automotive Motors Market
SWOT Analysis
Value Chain Analysis
Price Analysis
Competitive Landscape

Browse More Reports by IMARC Group:

Doors Market Research Report 2022-2027: https://www.imarcgroup.com/doors-market
Environment, Health, and Safety (EHS) Market Research Report 2022-2027: https://www.imarcgroup.com/environment-health-safety-market
Non-Dairy Creamer Market Research Report 2022-2027: https://www.imarcgroup.com/non-dairy-creamer-market
Functional Food Market Research Report 2022-2027: https://www.imarcgroup.com/functional-food-market
Commercial Vehicles Market Research Report 2022-2027: https://www.imarcgroup.com/commercial-vehicles-market

Contact us:

IMARC Group

30 N Gould St, Ste R

Sheridan, WY (Wyoming) 82801 USA

Email: Sales@imarcgroup.com

Tel No:(D) +91 120 433 0800

Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

Who we are:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Motors Market Size US$ 49.4 Billion by 2027, Impelled by Significant Growth in Automotive Sector here

News-ID: 2684314 • Views:

More Releases from IMARC Group

RegTech Market Size to Hit USD 70.8 Billion in 2033 | Grow CAGR by 18.0%
RegTech Market Size to Hit USD 70.8 Billion in 2033 | Grow CAGR by 18.0%
Market Overview: The RegTech market is experiencing rapid growth, driven by increased regulatory complexity and stringency, the economic imperative for cost reduction and efficiency, and rapid advancement and integration of core technologies. According to IMARC Group's latest research publication, "RegTech Market Size, Share, Trends, and Forecast by Component, Deployment Mode, Enterprise Size, Application, End User, and Region, 2025-2033​", the global RegTech market size was valued at USD 15.8 Billion in 2024.
Bicycle Market to Grow Worth USD 102.05 Billion by 2033 | Exhibiting CAGR of 4.48%
Bicycle Market to Grow Worth USD 102.05 Billion by 2033 | Exhibiting CAGR of 4.4 …
Market Overview: The bicycle market is experiencing rapid growth, driven by widespread government investment in cycling infrastructure, the surge in e-bike popularity and technology, and strong global focus on health, fitness, and environmental well-being. According to IMARC Group's latest research publication, "Bicycle Market Size, Share, Trends and Forecast by Type, Technology, Price, Distribution Channel, End User, and Region, 2025-2033", The global bicycle market size was valued at USD 67.42 Billion in
Global Metal Casting Market Report 2025: Size Projected USD 325.69 Billion, CAGR of 6.94% by 2033.
Global Metal Casting Market Report 2025: Size Projected USD 325.69 Billion, CAGR …
According to the latest report by IMARC Group, titled "Metal Casting Market Size, Share, Trends and Forecast by Process, Material Type, End Use, Components, Vehicle Type, Electric and Hybrid Type, Application, and Region, 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global metal casting market. The report also includes competitor and regional analysis, and contemporary advancements in the global market. The global metal casting market size
Global Siding Market Edition 2025: Industry Size to Reach USD 142.3 Billion by 2033, CAGR of 3.46%.
Global Siding Market Edition 2025: Industry Size to Reach USD 142.3 Billion by 2 …
Market Overview The global Siding Market size was valued at USD 104.8 Billion in 2024 and is expected to reach USD 142.3 Billion by 2033. The market is forecasted to grow at a CAGR of 3.46% during the period from 2025 to 2033. This growth is driven by increased worldwide construction activities, technological advancements in siding materials, heightened energy efficiency requirements, aesthetic demands, and regulatory guidelines. Study Assumption Years • Base Year: 2024 • Historical Year/Period:

All 5 Releases


More Releases for Motor

SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M …
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number of
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot …
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market. Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market Key Market Competitors: Global
Electric Vehicles Market 2030 | Honda Motor Co., Ltd., Ford Motor, Toyota Motor …
A Research Report Insights (RRI) report reveals that the global market for electric vehicles is set to cross US$ 99 Billion in terms of value by 2016 end. As per the report, the market is expected to reach US$ 596.56 Billion by 2030, riding on a CAGR of 15.6%. Increasing demand for clean and green energy and rise in global air pollution is compelling socio-economic institutions to rethink over the structures
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in