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Automotive Motor Core Market Analysis, Growth Factors and Dynamic Demand by 2030

11-15-2022 01:47 PM CET | Logistics & Transport

Press release from: Analytics Market Research

Global Automotive Motor Core Market

Global Automotive Motor Core Market

The size of the world market for automotive motor core was estimated at USD 533.54 million in 2022 and is projected to grow at a CAGR of 20.36% over the course of the forecast period, reaching USD 1621.84 million by 2030.

The motor is the fundamental component that transforms electrical energy into mechanical energy by employing a magnetic field created by the motor and an electric field created by a conductor carrying current to produce force in the form of rotation of the shaft. The use of electric motors in cars tends to increase efficiency and lead to the introduction of tiny motors into the vehicular system. The motors are used in a variety of devices, including seat cooling fans, power windows, and engine cooling fans. The market is divided into Stepper Motors, DC Brushless Motors, and DC Brushed Motors based on the Product Type. As they are simple to install, used to supply high speed and power to the vehicle, and are ideal for various automotive applications, DC Brushed Motors are predicted to hold the largest market share.

Electrical energy is easily converted into mechanical energy by devices known as electric motors. They have a variety of uses, including power generation, regenerative braking, the operation of industrial fans, coilguns (Linear Motor Application), blowers, and pumps, shipping, machine tools, crushers, lathes, drills, conveyors, washing machines, dryers, refrigeration & air conditioning, powertrain, elevators, escalators, heavy equipment, hoists, compressors, rolling mills, paper mills, cars, and home appliances.

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Global Automotive Motor Core Market: Major Players
OGAKI SEIKO
Nidec Corporation
PBA Systems
Mitsui High-tec
Wingard and Company
Polaris Laser Laminations
Tecnotion
Ningbo Yinli Electromechanical

Global Automotive Motor Core Market: Types
High Speed Motor Movement
Low Speed Motor Movement
Constant Speed Motor Movement
Governor Motor Movement

Global Automotive Motor Core Market: Applications
HEV
EV
Others

Global Automotive Motor Core Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Automotive Motor Core market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.

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Frequently Asked Questions
• What is the projected market size & growth rate of the Automotive Motor Market?
• What are the key driving factors for the growth of the Automotive Motor Market?
• What are the top players operating in the Automotive Motor Market?
• What segments are covered in the Automotive Motor Market Report?
• How can I get a sample reports/company profiles for the Automotive Motor Market?

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About US:
Analytics Market Research is an established market analytics and research firm with a domain experience sprawling across different industries. We have been working on multi-county market studies right from our inception. Over the time, from our existence, we have gained laurels for our deep rooted market studies and insightful analysis of different markets.

Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. Analytics Market Research is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.

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