Automotive Motors Market Analysis of Major Segments and Future Opportunity Assessment 2019-2027 | Denso Corporation, Magna International, Mitsubishi Electric Corporation

𝗧𝗵𝗲 𝗴𝗹𝗼𝗯𝗮𝗹 𝗮𝘂𝘁𝗼𝗺𝗼𝘁𝗶𝘃𝗲 𝗺𝗼𝘁𝗼𝗿𝘀 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝘀 𝗲𝘀𝘁𝗶𝗺𝗮𝘁𝗲𝗱 𝘁𝗼 𝗲𝘅𝗵𝗶𝗯𝗶𝘁 𝗮 𝗖𝗔𝗚𝗥 𝗼𝗳 𝟲.𝟰% 𝗼𝘃𝗲𝗿 𝘁𝗵𝗲 𝗳𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗽𝗲𝗿𝗶𝗼𝗱.

𝗦𝘆𝗻𝗼𝗽𝘀𝗶𝘀 𝗼𝗳 𝗧𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 -

Global Automotive Motors Market, By Product Type (Direct Current Brushed Motors, Direct Current Brushless Motors, and Stepper Motors), by Application (Performance Motors, Comfort Motors, and Safety Motors), by Vehicle Type (Passenger Cars, Two/Three Wheelers, and Commercial Vehicles), by Commercial Vehicles (Light Commercial Vehicles and Heavy Commercial vehicles), by Electric Vehicle Type ( Plug-in Hybrid Electric Vehicle, Hybrid Electric Vehicle, and Battery Electric Vehicle) and by Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis 2019 - 2027

The global automotive motors market is expected to exhibit a CAGR of 6.4% over the forecast period, as highlighted in a new report published by Coherent Market Insights.

𝗠𝗮𝗿𝗸𝗲𝘁 𝗢𝘃𝗲𝗿𝘃𝗶𝗲𝘄:

Automotive motors are a key component of a vehicle's powertrain, as they allow a vehicle to move both forwards and backwards. A wide array of automotive motors have become available or already available for vehicles. Some of these include stepper motors, brushed motors, and brushless DC electric motor (BL motor or BLDC motor). Motors are an integral part of vehicle such as engine cooling fans, seat cooling fans, power steering motors, power window motors, and battery cooling fans. Automotive motors help improve vehicle safety, increase comfort, and enhance vehicle performance. Motors are involved in various applications of a vehicle, where comfort is as important as the driving efficiency. BLDC motors are the most preferred motors for the electric vehicle application due to its traction characteristics.

𝗧𝗼𝗽 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗜𝗻𝗰𝗹𝘂𝗱𝗲: Siemens AG, Robert Bosch GmbH, Continental AG, Denso Corporation, Magna International, Mitsubishi Electric Corporation, Valeo S.A., Mahle Group, Nidec Corporation, and Borgwarner Inc.

𝗥𝗲𝗾𝘂𝗲𝘀𝘁 𝗮 𝘀𝗮𝗺𝗽𝗹𝗲 𝘁𝗼 𝗼𝗯𝘁𝗮𝗶𝗻 𝗮𝘂𝘁𝗵𝗲𝗻𝘁𝗶𝗰 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝗮𝗻𝗱 𝗰𝗼𝗺𝗽𝗿𝗲𝗵𝗲𝗻𝘀𝗶𝘃𝗲 𝗺𝗮𝗿𝗸𝗲𝘁 𝗶𝗻𝘀𝗶𝗴𝗵𝘁𝘀 𝗮𝘁 - https://www.coherentmarketinsights.com/insight/request-sample/1093

𝗞𝗲𝘆 𝗠𝗮𝗿𝗸𝗲𝘁 𝗗𝗿𝗶𝘃𝗲𝗿𝘀:

Growing trend of electric vehicles or increasing adoption of electric vehicles across the globe is expected to propel growth of the automotive motors market during the forecast period. For instance, according to the International Energy Agency (IEA), electric vehicle/car sales reached a record 3 million in 2020, up 40% from 2019. Moreover, more than 82,000 new electric buses were registered worldwide (up 10% from 2019).

Moreover, increasing production and sales of passenger vehicles, rise in demand for advanced automation systems, and growing demand for automotive motors is expected to drive growth of the automotive motors market. For instance, according to the India Brand Equity Foundation (IBEF), in 2019-20, the total passenger vehicles sales reached ~2.8 million, while ~2.7 million units were sold in FY21. In FY21, the total passenger vehicles production reached 22,652,108.

𝗥𝗲𝗴𝗶𝗼𝗻𝗮𝗹 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

➤ North America: United States, Mexico and Canada

➤ South & Central America: Argentina, Chile, Brazil and Others

➤ Middle East & Africa: Saudi Arabia, UAE, Israel, Turkey, Egypt, South Africa & Rest of MEA.

➤ Europe: UK, France, Italy, Germany, Spain, BeNeLux, Russia, NORDIC Nations and Rest of Europe.

➤ Asia-Pacific: India, China, Japan, South Korea, Indonesia, Thailand, Singapore, Australia and Rest of APAC.

𝗚𝗲𝘁 𝗣𝗗𝗙 𝗕𝗿𝗼𝗰𝗵𝘂𝗿𝗲 𝗗𝗶𝘀𝗰𝗼𝘃𝗲𝗿 𝗺𝗼𝗿𝗲 𝗮𝗯𝗼𝘂𝘁 𝗿𝗲𝗽𝗼𝗿𝘁 𝗮𝗻𝗮𝗹𝘆𝘀𝗶𝘀 𝘄𝗶𝘁𝗵 𝗳𝗶𝗴𝘂𝗿𝗲𝘀 𝗮𝗻𝗱 𝗱𝗮𝘁𝗮 𝘁𝗮𝗯𝗹𝗲𝘀, 𝗮𝗹𝗼𝗻𝗴 𝘄𝗶𝘁𝗵 𝘁𝗵𝗲 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻 - https://www.coherentmarketinsights.com/insight/request-pdf/1093

𝗖𝗢𝗩𝗜𝗗-𝟭𝟵 𝗜𝗺𝗽𝗮𝗰𝘁 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

The pandemic has severely affected the automotive industry. Symptoms include manufacturing interruptions across Europe, a disruption in Chinese parts exports, and the closure of assembly plants in the United States. The industry is experiencing intense pressure due to manufacturing interruptions, disruption in parts exports, and the closure of assembly plants. However, now, the industry has started to gain momentum, as the restrictions are easing. In June 2021, many automotive manufacturers reported healthy growth in passenger vehicles sales, recovering from the disruptions induced by the pandemic. This in turn is expected to aid in growth of the market.

𝗢𝗯𝗷𝗲𝗰𝘁𝗶𝘃𝗲𝘀 𝗼𝗳 𝘁𝗵𝗲 𝗥𝗲𝗽𝗼𝗿𝘁:

• Conduct research on and make predictions on the amount and value of the Automotive Motors Market.

• Determining market shares for the Automotive Motors Market's significant segments.

• To show how different regions of the world's markets for Automotive Motors Market are evolving.

• To research and analyze micromarkets with regard to their potential and unique growth patterns, as well as their contributions to the Automotive Motors Market.

• To give accurate and practical information on the factors impacting the development of Automotive Motors Market.

• To provide a detailed analysis of the various business tactics used by the Automotive Motors Market, including R&D, partnerships, agreements, collaborations, acquisitions, mergers, new product launches, and acquisitions, mergers, and acquisitions.

Detail Automotive Motors Market Segmentation:

Global Automotive Motors Market, By Product Type:

DC Brushed Motors

DC Brushless Motors

Global Automotive Motors Market, By Application:

Performance Motors

Comfort Motors

Global Automotive Motors Market, By Vehicle Segment:

Passenger Cars (excluding electric vehicles)

Two/Three Wheelers(excluding electric vehicles)

Commercial Vehicles(excluding electric vehicles)

Sub-Segment

Light Commercial Vehicles

Heavy Commercial vehicles

Global Automotive Motors Market, By Electric Vehicle:

Plug-in Hybrid Electric Vehicle (PHEV)

Hybrid Electric Vehicle (HEV)

Battery Electric Vehicle (BEV)

𝗙𝗔𝗤'𝗦:

➤ What is the estimated growth rate of the market for the forecast period of 2022-2028?

➤ What will the market size be in the anticipated time frame?

➤ What are the primary aspects that will determine the Automotive Motors Market's fate over the forecast period?

➤ What are the major market players' winning strategies for building a strong presence in the Automotive Motors Market industry?

➤ What are the primary market trends influencing the Automotive Motors Market's growth in various regions?

➤ What are the biggest dangers and difficulties that are likely to stymie the Automotive Motors Market's growth?

➤ What are the most critical opportunities for market leaders to succeed and profit?

𝗧𝗮𝗯𝗹𝗲 𝗢𝗳 𝗖𝗼𝗻𝘁𝗲𝗻𝘁:

1. Market Overview

▪ Research Objective and Assumption

▪ Research Objectives

▪ Assumptions

▪ Abbreviations

2. Market Preview

▪ Report Description

▪ Market Definition and Scope

▪ Executive Summary

▪ Market Snippet, By Function

▪ Market Snippet, By Application

▪ Market Snippet, By Region

▪ Coherent Opportunity Map (COM)

3.Market Dynamics, Regulations, and Trends Analysis

▪ Market Dynamics

▪ Drivers

▪ Restraints

▪ Market Opportunities

▪ Regulatory Scenario

▪ Industry Trend

▪ Merger and Acquisitions

▪ New system Launch/Approvals

▪ Value Chain Analysis

▪ Porter's Analysis

▪ PEST Analysis

Continue…

𝗞𝗲𝘆 𝗧𝗮𝗸𝗲𝗮𝘄𝗮𝘆𝘀:

The automotive motors market is expected to exhibit a CAGR of 6.4 % during the forecast period due to the rise in electrification of commercial vehicles. For instance, in February 2021, Ford planned go all electric in Europe by 2030, joining a growing list of auto makers planning to shift away from conventional internal combustion engines. Ford said it would double its investment in electric powertrains and vehicles to US$ 22 billion by 2025, and planned to be carbon neutral by 2050.

Among regions, North America, Europe, and Asia Pacific are expected to witness robust growth in the automotive motors market owing to the growing adoption of electric vehicles, stringent regulations regarding vehicle safety, increasing production and sales of passenger vehicles, rise in electrification of commercial vehicles, and rapid growth of the automotive industry in these regions. For instance, according to IBEF, in 2020, India was the fifth-largest auto market, with more than 3.49 million units combined sold in the passenger and commercial vehicles categories. Moreover, by 2030, the Government of India aims to make India a 100-per cent electric-vehicle nation.

Click Here To Buy Comprehensive Automotive Motors Market Report - https://www.coherentmarketinsights.com/insight/buy-now/1093

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𝗖𝗼𝗻𝘁𝗮𝗰𝘁 𝗨𝘀
Mr. Shah
Coherent Market Insights
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This release was published on openPR.