Press release
Automotive Micro Motor Market to 2032 | Global Analysis, Size, Growth, Trends & Industry Report
According to a new report published by Allied Market Research, titled, "Automotive Micro Motor Market by Type (AC, DC), by Technology (Brushed Micromotor, Brushless Micromotor), by Power consumption (Below 11 V, 12 - 24 V, 25 - 48 V, Above 48 V), by Application (Power Window Motor, Wiper Motor, Seat Adjustment Motor, Heating, Ventilation, and Air Conditioning (HVAC) Motor, Power Steering Motor, Others): Global Opportunity Analysis and Industry Forecast, 2023-2032," 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 2032.๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐๐๐ฉ๐จ๐ซ๐ญ : 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.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ- https://www.alliedmarketresearch.com/automotive-micro-motor-market/purchase-options
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.
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
๐๐๐ ๐ ๐๐๐๐๐๐๐ ๐๐ ๐๐๐ ๐๐๐๐๐ :
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.
๐๐๐๐๐ข๐ง๐ ๐๐๐ซ๐ค๐๐ญ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ :
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
Buhler Group
๐๐๐๐ ๐๐จ๐ซ๐ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ :
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐๐จ๐ฎ๐ฌ๐ญ๐ข๐ ๐๐ง๐ ๐ข๐ง๐๐๐ซ๐ข๐ง๐ ๐๐๐ซ๐ฏ๐ข๐๐๐ฌ ๐๐๐ซ๐ค๐๐ญ : https://www.globenewswire.com/news-release/2020/10/05/2103607/0/en/Automotive-Acoustic-Engineering-Services-Market-worth-4-80-Billion-by-2027-Allied-Market-Research.html
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ฒ๐๐ซ๐จ๐ฌ๐ญ๐๐ญ๐ข๐ ๐ ๐๐ง ๐๐ซ๐ข๐ฏ๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐๐ซ๐ค๐๐ญ : https://www.globenewswire.com/news-release/2021/02/03/2169266/0/en/Automotive-Hydrostatic-Fan-Drive-System-Market-Worth-571-5-Million-by-2027-Says-Allied-Market-Research.html
๐๐ฎ๐ญ๐จ๐ฆ๐จ๐ญ๐ข๐ฏ๐ ๐๐ง๐ญ๐ข๐๐ซ๐๐๐ณ๐ ๐๐๐ซ๐ค๐๐ญ : https://www.prnewswire.com/news-releases/automotive-antifreeze-market-to-reach-6-01-bn-globally-by-2027-at-7-9-cagr-allied-market-research-301213833.html
๐๐จ๐ง๐ญ๐๐๐ญ :
David Correa
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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.
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. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. 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.
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