Automotive Motors Market report published by Value Market Research, which studies the future outlook of the market. It includes the size, share, growth, trends, key players, segments and regional analysis in detail during the study year 2022-2028.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the automotive motors market include Nidec Corporation, Johnson Electric Holdings Ltd., Robert Bosch GmbH, Denso Corporation, Continental AG, and Mitsubishi Electric Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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Market Dynamics
The automotive motor market is expanding due to the rising demand for car convenience and safety features. Further, a major factor boosting demand is the widespread use of brushed direct current (DC) motors due to their many benefits, including simple speed control, cost-effectiveness, and high power. In addition, a number of product developments, such as the development of small, highly efficient automotive motors that contribute to the reduction of waste and streamlined manufacturing processes, are significantly promoting market expansion. Additionally, the growing market growth is positively impacted by the rising demand for electric cars (EVs) worldwide due to growing environmental consciousness and increased emphasis on the use of renewable energy. Other reasons, such as developing intelligent automotive motors for carrying out complex tasks and rising consumer spending power, foster a favourable view of the market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive motors. The growth and trends of automotive motors industry provide a holistic approach to this study.
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Market Segmentation
This section of the automotive motors market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Motor Type
- Brushed DC Motor
- Brushless DC Motor
- Stepper Motor
- Traction Motor
By Sales Channel
- OEM
- Aftermarket
By Application
- Safety
- Comfort
- Performance
By Vehicle Type
- Electric Vehicle (BEV, PHEV)
- Non-Electric Vehicle (Passenger, LCV, HCV)
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Automotive Motors market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
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