Quick Summary:
Venturing into the evolving landscape of the automotive industry requires reliable insights more than ever. Our latest market research report on the global automotive motors market offers an in-depth appraisal of the robust expansion anticipated over the next decade. Positioned as an essential resource, this report provides an illuminating view of a market set to burgeon from US$37.8 Billion in 2022 to an impressive US$55.3 Billion by 2030.
We chart the rippling waves of growth across various geographic regions, including the robust progression in major automotive markets such as the U.S and China. Zeroing in on global competitiveness, our report features 43 handpicked competitors, enabling you to formulate a comprehensive understanding of the diverse players influencing the market's landscape. Up-to-date, insightful, and loaded with actionable data, our report is supplemented by online interactive collaborations, complementing access to our digital archives and research platform, and one-year complimentary updates, ensuring you stay ahead in this rapidly advancing market.
Global Automotive Motors Market to Reach $55.3 Billion by 2030
The global market for Automotive Motors estimated at US$37.8 Billion in the year 2022, is projected to reach a revised size of US$55.3 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2022-2030. DC Brushed Motors, one of the segments analyzed in the report, is projected to record 4.7% CAGR and reach US$28 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the DC Brushless Motors segment is readjusted to a revised 5.3% CAGR for the next 8-year period.
The U.S. Market is Estimated at $10.1 Billion, While China is Forecast to Grow at 7.4% CAGR
The Automotive Motors market in the U.S. is estimated at US$10.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$12.1 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.6% and 4.5% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.9% CAGR.Select Competitors (Total 43 Featured) -
- BorgWarner, Inc.
- Brose Fahrzeugteile GmbH & Co. KG
- Buhler Motor GmbH
- Calsonic Kansei Corporation
- Continental AG
- Denso Corporation
- IFB Automotive Private Limited
- Johnson Electric Holdings Ltd.
- Mabuchi Motor Co., Ltd.
- Magna International, Inc.
- MAHLE GmbH
- Mitsuba Corporation
- Mitsubishi Electric Corporation
- Nidec Corporation
- Ricardo PLC
- Robert Bosch GmbH
- Siemens AG
- Valeo SA
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
What is the estimated value of the Global Market for Automotive Motors?
What is the growth rate of the Global Market for Automotive Motors?
What is the forecasted size of the Global Market for Automotive Motors?
Who are the key companies in the Global Market for Automotive Motors?
| Report Attribute | Details |
|---|---|
| No. of Pages | 243 |
| Published | December 2023 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value ( USD | $ 37.8 Billion |
| Forecasted Market Value ( USD | $ 55.3 Billion |
| Compound Annual Growth Rate | 4.9% |
| Regions Covered | Global |
Table of Contents
Companies Mentioned
A selection of companies mentioned in this report includes:
- BorgWarner, Inc.
- Brose Fahrzeugteile GmbH & Co. KG
- Buhler Motor GmbH
- Calsonic Kansei Corporation
- Continental AG
- Denso Corporation
- IFB Automotive Private Limited
- Johnson Electric Holdings Ltd.
- Mabuchi Motor Co., Ltd.
- Magna International, Inc.
- MAHLE GmbH
- Mitsuba Corporation
- Mitsubishi Electric Corporation
- Nidec Corporation
- Ricardo PLC
- Robert Bosch GmbH
- Siemens AG
- Valeo SA
