Press release
Global Automotive Micro Motor Market Expected to Expand at a Steady CAGR through 2025
AC micro motors are electric motors that run on alternating current. DC micro motors are electric motors that run on direct current and converting electrical energy into mechanical energy. Brushed micro motors consists of an armature or rotor, field magnet, an axle, a commutator and brushes. The brushes develop polarity in commutator which is opposite to the polarity of field magnet causing the armature or rotator to rotate. The rotation direction of rotator can be clockwise or by reversing the polarity of brushes the rotator can rotate counterclockwise. Brushless micro motors does not consists of brushes and commutator. In brushless micro motors four or more permanent magnets are placed around the armature or rotator in a cross pattern. Brushless micro motors require no power. Brushless micro motors are also known as synchronous motors and they come in three-phase, dual-phase and single-phase.
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By type the market is segmented into AC (Alternating Current) micro motors and DC (Direct Current) motors. By power consumption type the market is segmented into greater than 48V, 25-48V, 12V-24V and less than 11V. On the basis of technology the market is segmented into brushless micro motor and brushed micro motor.
By geography the market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. North America is a prominent micro motor market in the world. The U.S. is the largest market in North America followed by Canada. Europe is another major micro motor market in the world. Germany is the largest market in Europe. France, Italy, Spain, the U.K., Belgium, Sweden and Netherlands are other major markets in Europe. Asia Pacific is a dominant micro motor market in the world. China is the largest market in Asia Pacific. Japan, South Korea, India and Australia are other major markets in Asia Pacific region. Middle East and Africa is a significant micro motor market led by Iran, Saudi Arabia, Turkey and South Africa. Latin America is a major micro motor market led by Brazil, Mexico and Argentina. Brazil is the largest micro motor market in Latin America.
Rising production of automobiles is increasing the demand of automotive micro motors. Rising demand for passive and active automotive safety systems such as night vision systems, automatic or autonomous emergency braking system, anti-lock braking system, seat belts, side and knee airbags are increasing the demand of automotive micro motors. Rising adoption of drive-by-wire technologies: electronic throttle control (ETC), brake-by-wire, steer-by-wire and shift-by-wire are increasing the demand of automotive micro motors. An opportunity is rising adoption of in-wheel micro drive systems. In in-wheel micro drive system micro motors, with high torque are installed next to wheels in parallel. For eg. Protean Electric developed in-wheel electric drive system for plug-in hybrid, hybrid and battery electric light-duty vehicles. In Protean drive, in-wheel motors are combined with control electronic and software and integrated inverter. These micro motors are installed easily in un-used spaces behinds general 18-to-24 inch wheels. Direct-drive, in wheel motors requires no differentials, drive shafts and gearboxes providing flexibility to vehicle designers.
The report mentions the diverse competitive strategies implemented by key players operating in the market to gain market share. Company profiles mention company details, market presence by geography and segments, strategic overview, SWOT analysis and historical revenue. The report also contains details of market share analysis of key players in the market. The major firms operating in the market are ABB Group (Sweden), Buhler Motor GmbH (Germany), Constar Micromotor Co. Ltd (China), Johnson Electric (Hong Kong), Continental AG (Germany), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Nidec Corporation (Japan), MITSUBA Corporation (Japan) and IFB Automotive Private Limited (India).
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The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
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