Light Vehicle Electric Motors Market to Reach USD 63 Billion by 2032 | Brose Fahrzeugteile GmbH & Co.KG, Denso Corporation, Globe Motors

The Light Vehicle Electric Motors Market has been fragmented based on the productivity of several companies; therefore, each segment and its sub-segments are analyzed in the research report. Furthermore, the report offers 360 views on historical and upcoming growth based on volume, value, production, and consumption. Moreover, it classifies depend on sub-segments, key segments as per the significant regions and offers an in-depth analysis on the competitive edge of the market. This report also includes a complete analysis of industry players covering their latest developments, product portfolio, pricing, mergers, acquisitions, and collaborations. Moreover, it provides crucial strategies that are helping them to expand their market share.

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The Global Light Vehicle Electric Motors market is expected to grow from 33 billion USD in 2024 to 63 billion USD by 2032, with a CAGR of 8.5% from 2024 to 2032. The Light Vehicle Electric Motors market by Geography (North America, LATAM, West Europe, Central & Eastern Europe, Northern Europe, Southern Europe, East Asia, Southeast Asia, South Asia, Central Asia, Oceania, MEA).

The Light Vehicle Electric Motors Market encompasses the design, production, and application of electric motors used in passenger cars, SUVs, vans, and light commercial vehicles. These motors power core vehicle systems, ranging from traction drives in battery electric vehicles (BEVs), plug-in hybrids (PHEVs), and hybrid electric vehicles (HEVs) to auxiliary components such as power steering, HVAC blowers, fuel pumps, seat adjusters, and window lifters. The market is experiencing rapid growth due to global electrification trends, stricter emission regulations, and consumer demand for improved efficiency, performance, and comfort.

Global Light Vehicle Electric Motors Scope and Market Size

Light Vehicle Electric Motors market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Light Vehicle Electric Motors market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2019-2032.

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Segment by Type
• AC Motor
• DC Motor
• Controling Motor
• AC and DC Dual-purpose Motor
• Others

Segment by Application
• Passenger Car
• Commercial Car
• Others

By Company
• Brose Fahrzeugteile GmbH & Co.KG
• Denso Corporation
• Globe Motors
• Inteva Products, LLC
• Johnson Electric Holdings Limited
• Mitsuba Corporation
• Mitsubishi Electric Corporation
• Nidec

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Growth Drivers:
Rising EV and hybrid adoption, stricter CO2 emission norms, advances in motor efficiency, growing vehicle electrification, government incentives for zero-emission mobility.

Trends:
Rare-earth-free motor designs, integrated motor-drive systems, increased use of SiC-based inverters, modular motor platforms for scalability, enhanced thermal management solutions.

Challenges:
High dependency on rare earth materials, fluctuating raw material costs, intense competition & price pressure, need for continuous R&D investment, ensuring durability & safety standards compliance.

Dominating Region:
Asia-Pacific

Fastest-Growing Region:
Asia-Pacific

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Major Points from Table of Contents
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.3 Market by Application
1.4 Study Objectives
1.5 Years Considered

2 Global Growth Trends
2.1 Global Light Vehicle Electric Motors Market Perspective (2019-2032)
2.2 Light Vehicle Electric Motors Growth Trends by Regions

3 Competition Landscape by Key Players
3.1 Global Top Light Vehicle Electric Motors Players by Revenue
And More...

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