Automotive Motor market size is estimated to be worth US$ 53900 million in 2022 and is forecast to a readjusted size of US$ 63250 million by 2028- Valuates Reports
Fully considering the economic change by this health crisis, Motor accounting for % of the Automotive Motor global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period.
While Body segment is altered to an % CAGR throughout this forecast period.
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Motors are devices used to transfer or transform electric power according to the principle of electromagnetic induction. Automotive motors include various used in vehicles, such as powertrain motor, power seat motors, wiper motors, etc. Generally, a normal saloon car will equip about 20~30 motors and a luxury saloon car may need 3 times. For commercial vehicles, the amount of motors equipped is also more than 10. These automotive motors are very important to vehicles.
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Global Automotive Motor key players include Bosch, Asmo, Mitsuba, Brose, Johnson Electric, etc. Global top five players hold a share about 20%.
China is the largest market, with a share about 15%, followed by Japan and Germany, having a total share about 20 percent.
In terms of product, Motor is the largest segment, with a share about 95%. And in terms of application, the largest application is Body, followed by Powertrain, Classis.
In terms of production side, this report researches the Automotive Motor capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Automotive Motor by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Automotive Motor market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Automotive Motor market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Automotive Motor Market Segment By Type
Automotive Motor Market Segment By Application
Production by Region
Consumption by Region
➣Middle East & Africa
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