Press release
Decoding Automotive Micro Motor: The Powerhouse of Tomorrow
According to a new report published by Allied Market Research, titled, "Automotive Micro Motor Market," The automotive micro motor market size was valued at $13.3 billion in 2022, and is estimated to reach $20.4 billion by 2032, growing at a CAGR of 4.4% from 2023 to 2032.Micro motors are compact, and lightweight motors specifically designed for low power consumption and minimal electromagnetic interference. They have played a pivotal role in conventional automotive applications, being incorporated into a multitude of functions within an automobile. With the progressive adoption of new energy vehicles and the flourishing market for autonomous vehicles, there is a growing demand for automotive micro motors to enhance safety, comfort, and entertainment features.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐จ๐ซ ๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐ญ- https://www.alliedmarketresearch.com/request-sample/108095
Asia-Pacific comprises China, Japan, India, South Korea, and the rest of Europe. The increased vehicle sales in the Asia-Pacific region contribute to the rise in demand for automotive micro motors. For instance, according to data from the China Association of Automobile Manufacturers (CAAM), Chinese automakers manufactured 27.02 million vehicles in 2022, representing a 3.4% increase compared to the previous year. Therefore, the automotive industry continues to expand in the region which presents significant growth opportunities for manufacturers and suppliers of the automotive micro motor market.
On the basis of type, the global automotive micro motor market is segmented into AC and DC. AC micro motors, also known as alternating current micro motors, are small electric motors that convert alternating current into mechanical power. They operate on an AC power supply. AC micro motors offer precise control over speed and positioning, ensuring accurate operation and adjustment in various vehicle applications. The rise in the popularity of electric vehicles, the incorporation of ADAS technologies, the emphasis on vehicle efficiency, and the rising demand for connectivity and smart features are key factors driving the growth of AC micro motors in the automotive industry. AC micro motors are used in the automotive industry in heating, ventilation, and air conditioning (HVAC) systems, power seats, power windows, and others. The continued focus on improving vehicle efficiency and reducing energy consumption in the automotive industry is expected to drive the adoption of energy-efficient components such as AC micro motors.
DC micro motors, or direct current micro motors, are small electric motors that operate on a DC power supply. These micromotors are adopted in numerous components and systems within vehicles to provide specific functionalities and perform precise mechanical movements. They are widely used in various applications, including vehicles, due to their advantages and versatility. DC micro motors function through the principle of electromagnetic induction. They comprise a rotor with a permanent magnet and a stator containing one or more coils. Upon application of a DC voltage, the coils generate a magnetic field. This magnetic field interacts with the rotor's magnetic field, inducing rotation in the rotor. DC micro motors are utilized in power steering systems, assisting with steering control and enhancing maneuverability. The rise in the shift toward brushless DC motors (BLDC) instead of traditional brushed DC micro motors is expected to drive the growth of the segment in the market.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/automotive-micro-motor-market/purchase-options
A brushed micromotor is an electric motor that utilizes brushes and a commutator to transfer electrical current to the rotor windings. Its operation relies on a mechanical commutation system, where the brushes and commutator work together to switch the direction of the current flow in the rotor windings, thereby causing the motor to rotate. Brushed micro motors can be used in electric power steering (EPS) systems to provide power assistance for steering functionality. Brushed micro motors have a simple construction, comprising a rotor with windings, brushes, a commutator, and a stator. They are commonly used in vehicle heating, ventilation, and air conditioning systems, where they drive fans and blowers to ensure efficient climate control.
A brushless micro motor is an electric motor that operates without brushes and a commutator, instead utilizing electronic commutation through sensors and electronic circuitry to precisely control the current flow to the motor windings. This design choice offers several advantages, including improved efficiency by minimizing friction and energy losses associated with brushes.
Brushless micro motors are used in driving pumps within various vehicle subsystems such as coolant circulation, fuel delivery, and braking systems. Their superior efficiency, extended lifespan, precise control capabilities, and compact size increases the demand for micro motors. In the automotive industry, brushless micro motors have gained significant traction in applications such as electric power steering, HVAC systems, electric pumps, and propulsion systems for hybrid and electric vehicles. Their integration in these areas leads to enhanced vehicle performance, greater energy efficiency, and overall functional improvements.
๐๐๐ค๐ ๐๐ง ๐๐ง๐ช๐ฎ๐ข๐ซ๐ฒ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ - https://www.alliedmarketresearch.com/purchase-enquiry/108095
KEY FINDINGS OF THE STUDY
By type, the AC segment is anticipated to exhibit significant growth in the near future.
By technology, the brushless micromotor segment is anticipated to exhibit significant growth in the near future.
By power consumption, the above 48 V segment is anticipated to exhibit significant growth in the near future.
By application, the power steering motor segment is anticipated to exhibit significant growth in the near future.
By region, LAMEA is anticipated to register the highest CAGR during the forecast period.
Key players operating in the global automotive micro motor market include Johnson Electric Holdings Limited, Valeo SA, Denso Corporation, Robert Bosch GmbH, NIDEC CORPORATION, Mitsuba Corp., MABUCHI MOTOR CO., LTD., Continental AG, Brose Fahrzeugteile GmbH & Co. KG, and Buhler Group. The companies are adopting strategies such as product launch, expansion, and others to improve their market positioning.
Similar Reports We Have on Automotive Industry:
United States Automotive Micro Motor Market Research Report 2023-2032- https://www.alliedmarketresearch.com/u-s-automotive-micro-motor-market-A111365
Japan Automotive Micro Motor Market Research Report 2023-2032- https://www.alliedmarketresearch.com/japan-automotive-micro-motor-market-A111374
South Korea Automotive Micro Motor Market Research Report 2023-2032- https://www.alliedmarketresearch.com/south-korea-automotive-micro-motor-market-A111375
Hub Motor Market Research Report 2023-2035- https://www.alliedmarketresearch.com/hub-motor-market-A06056
Automotive Motors Market Research Report 2023-2035- https://www.alliedmarketresearch.com/automotive-motors-market
Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: http://www.alliedmarketresearch.com
Allied Market Research Blog: https://blog.alliedmarketresearch.com
About Us
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.
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 Decoding Automotive Micro Motor: The Powerhouse of Tomorrow here
News-ID: 3146083 • Views: โฆ
More Releases from Allied Market Research
Global Urinary Drainage Bags Market: Trends, Growth, and Insights to 2031
The global urinary drainage bags market is experiencing robust growth, with its market size valued at $1.4billion in 2021 and projected to reach $2billion by 2031. This expansion represents a compound annual growth rate (CAGR) of 3.8% from 2021 to 2031, highlighting the increasing demand for these essential medical devices.
Get a Sample Copy of this Report: https://www.alliedmarketresearch.com/request-sample/A17529
What Are Urinary Drainage Bags?
Urinary drainage bags are specialized medical devices designed to collectโฆ
Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโฆ
Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโฆ
Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโฆ
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, โฆ
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metalโฆ
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear โฆ
Saudi Arabiaโs automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence ofโฆ
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu โฆ
Automotive fuel injectors marketย is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that theย salesย of automotive fuel injectors areย expectedโฆ
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo โฆ
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the globalโฆ
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del โฆ
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Informationโฆ
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, โฆ
Accord Market, recently published a detailed market research study focused on the โAutomotive Body Welded Assembly Marketโ across the global, regional and country level. The report provides 360ยฐ analysis of โAutomotive Body Welded Assembly Marketโ from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend ofโฆ
