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Increase in Passenger Car Production Across the Globe Will Drive the Global Automotive Motors Market

The global automotive motors market, by product type, is estimated to be dominated by DC Brushed Motors, followed by DC Brushless Motors and Stepper Motors. In terms of growth, the market for DC brushless motors is estimated to grow at the highest CAGR during the forecast period. DC brushless motors provide high output power, small size, better heat dissipation, higher speed ranges, and low-noise operation than DC brushed motors. However, DC brushed motors are estimated to have the largest share of the automotive motors market during the forecast period. Simple usage and low cost are the key factors driving the demand for DC brushed motors.

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Increase in Passenger Car Production Across the Globe Will Drive the Global Automotive Motors Market

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  1. Automotive Motors Market by Product (DC Brushed, BLDC Motors, Stepper), Vehicle (PC,LCV,HCV), Application (Performance Motors, Comfort Motors, Safety Motors), EV (BEV,PHEV,HEV), Traction Motor by EV (BEV,PHEV,HEV) and Region - Global Forecast to 2022 www.MarketsandMarkets.com

  2. DC Brushless Motors A high growth potential market The global automotive motors market, by product type, is estimated to be dominated by DC Brushed Motors, followed by DC Brushless Motors and Stepper Motors. In terms of growth, the market for DC brushless motors is estimated to grow at the highest CAGR during the forecast period.  DC brushless motors provide high output power, small size, better heat dissipation, higher speed ranges, and low-noise operation than DC brushed motors. However, DC brushed motors are estimated to have the largest share of the automotive motors market during the forecast period. Simple usage and low cost are the key factors driving the demand for DC brushed motors. PDF Brochure : https://www.marketsandmarkets.com/pdfdownload.asp?id=119439985

  3. Hybrid Electric Vehicle A promising vehicle segment for motor manufacturers Hybrid Electric Vehicle (HEV) is estimated to account for the largest share of the automotive motors market among the electric vehicle types (BEV, HEV, and PHEV).  It is expected to continue its market dominance during the forecast period. Modern HEVs are enabled with efficiency-improved technology such as regenerative brakes, electric motor drive, and automatic start/shut-off. Electric motor drive and automatic start/shut-off help to improve the efficiency of the electric vehicle as they save energy by smart operations. These technological advantages have made HEVs successful in recent years. Also, in terms of growth, the automotive motor market for Plug-in Hybrid Electric Vehicle (PHEV) is projected to grow at the highest CAGR, followed by BEV and PHEV, respectively. Increasing government support for green vehicles is propeling the demand for electric vehicles, which, in turn, is increasing the demand for automotive motors. Request for Customization : https://www.marketsandmarkets.com/requestCustomization.asp?id=119439985

  4. The global automotive motors market, by product type, is estimated to be dominated by DC brushed motors, followed by DC brushless motors and Stepper motors. DC brushed motors are estimated to have the largest share of the automotive motors market in the next five years. Factors such as simple usage and low cost will drive the demand for DC brushed motors. In terms of growth, the market for DC brushless motors is estimated to grow at the highest rate, followed by DC brushed motors and stepper motors. On the basis of application type, the global automotive motors market is segmented into performance motors, comfort motors, and safety motors. The market for comfort motors is projected to grow at the highest CAGR during the forecast period. Request Sample @ https://www.marketsandmarkets.com/requestsample.asp?id=119439985

  5. Asia-Pacific: Largest market for automotive motors Asia-Pacific is estimated to account for the largest share, by value and volume, of the automotive motors market in 2017. Also, in terms of growth, the Asia-Pacific market is projected to grow at the highest CAGR during the forecast period. Developing economies such as China and India are expected to play a major role on the backdrop of increasing vehicle production. Also, increasing installation of upgraded technology features such as anti-lock braking system (ABS) and start-stop systems is likely to add to the demand for automotive motors. The report profiles all major players in the automotive motors market, including Robert Bosch GmbH (Germany), Johnson Electric Holdings Ltd. (Hong Kong), Continental AG (Germany), Nidec Corporation (Japan), Denso Corporation (Japan), and Mitsubishi Electric Corporation (Japan) among others. Speak to analyst @ https://www.marketsandmarkets.com/speaktoanalyst.asp?id=119439985

  6. Market Ecosystem: The ecosystem of the automotive motors market consists of manufacturers such as Robert Bosch GmbH (Germany), Continental AG (Germany), Nidec Corporation (Japan), Johnson Electric Holdings Ltd. (Hong Kong), and Denso Corporation (Japan), and research institutes such as Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA). Buy Now: https://www.marketsandmarkets.com/Purchase/purchase_report1.asp?id=119439985

  7. Browse >> 79market data tables 50figures 169 pagesand in-depth TOC "Automotive Motors Market by Product (DC Brushed, BLDC Motors, Stepper), Vehicle (PC,LCV,HCV), Application (Performance Motors, Comfort Motors, Safety Motors), EV (BEV,PHEV,HEV), Traction Motor by EV (BEV,PHEV,HEV) and Region - Global Forecast to 2022" Early buyers will receive 10% customization on this report. This study answers several questions for the stakeholders, primarily which market segments to focus on in the next two to five years to prioritize efforts and investments.

  8. Contact:Mr. Shelly SinghMarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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