Automotive Motors Market Size - Industry Share Report 2022

Automotive Motors Market Size, Capacity, Trends, Outlook, Research, Analysis, Growth | Industry Report 2022 Market Research Report to It’s a Database.

The global automotive motors market is projected to grow at a CAGR of 6.02% from 2017 to 2022, to reach USD 34.48 billion by 2022. The major factors responsible for the growth of the market include growing electrification of vehicles and the mandatory usage of safety technologies such as electronic stability control and antilock braking systems (ABS) in passenger cars in developed regions such as Europe and North America. However, electric vehicles require less number of motors, which may pose a challenge to the growth of the automotive motors market.

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The comfort motors market is estimated to grow at the highest rate during the forecast period. The market growth of comfort motors can be attributed to the increasing demand for comfort applications such as HVAC systems, power windows, and electric power steering in vehicles. Performance motors are estimated to have the largest share of the automotive motors market in the next five years. This can be attributed to the increasing vehicle production across the globe.

The study contains insights of various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

• By Company Type: Tier 1 –42%, Tier 2 –26%, Tier 3–32%
• By Designation: C level –42%, D level –26%, others –32%
• By Region: North America –38%, Europe–22%, Asia-Pacific–30%, RoW–10%

Key Points From Table Of Content:

5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increasing Global Vehicle Production
5.3.1.2 Rising Demand for Safety Features and Convenience
5.3.1.3 Rise in Demand for Advanced Automation Systems
5.3.1.4 Growing Demand for Electric Vehicles
5.3.2 Restraints
5.3.2.1 Weight and Cost Reduction
5.3.3 Opportunities
5.3.3.1 Wide Number of Applications Employing the Use of Electric Motors
5.3.3.2 Electrification of Commercial Vehicles
5.3.4 Challenges
5.3.4.1 Fluctuating Prices of Raw Materials
5.4 Porter’s Five Forces Analysis
5.4.1 Threat of New Entrants
5.4.1.1 Presence of Well-Established Players Makes the Threat of New Entrants Low
5.4.2 Threat of Substitutes
5.4.2.1 Availability of Substitutes & Technological Advancements Influence the Threat of Substitutes
5.4.3 Bargaining Power of Suppliers
5.4.3.1 Low Supplier Concentration & Product Differentiation Keep the Bargaining Power of Suppliers in Check
5.4.4 Bargaining Power of Buyers
5.4.4.1 Suppliers Concentration Decreases the Bargaining Power of Buyers
5.4.5 Intensity of Competitive Rivalry
5.4.5.1 Well Established Players & Long Term Contracts Limits the Competition

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13 Company Profiles

(Company Overview, Strength of Product Portfolio, Product Offerings, Business Strategy Excellence, Recent Developments)*
13.1 Siemens AG
13.2 Robert Bosch GmbH
13.3 Continental AG
13.4 Denso Corporation
13.5 Magna International
13.6 Mitsubishi Electric Corporation
13.7 Valeo S.A.
13.8 Mahle Group
13.9 Nidec Corporation
13.10 Borgwarner Inc.
13.11 Mitsuba Corporation
13.12 Johnson Electric Holdings Limited

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Research Coverage:

The report segments the automotive motors market and forecasts its size, by volume and value, on the basis of region (Asia-Pacific, Europe, North America, and RoW), application type (safety motors, comfort motors, performance motors), vehicle type (passenger cars, LCV, and HCV), motors type (DC brushed, DC brushless, stepper), electric vehicle by traction motor (BEV, HEV, PHEV) and electric vehicle type (BEV, HEV, PHEV).

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