Automotive Motors - Global Strategic Business Report

The global market for Automotive Motors was valued at US$41.7 Billion in 2024 and is projected to reach US$55.3 Billion by 2030, growing at a CAGR of 4.8% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Automotive Motors market.

Global Automotive Motors Market - Key Trends and Drivers Summarized

Why Are Automotive Motors Integral To Modern Vehicle Design?

Automotive motors are essential components in modern vehicles, playing a crucial role in a wide range of functions beyond just powering the engine. These electric motors are found in nearly every aspect of a vehicle's operation, from basic functions like windshield wipers and power windows to more advanced systems such as power steering, anti-lock braking systems (ABS), and the increasingly sophisticated driver assistance technologies. The integration of multiple motors in a single vehicle allows for greater automation and control, enhancing both safety and comfort. For instance, electric motors are integral to the functioning of hybrid and electric vehicles (EVs), where they not only propel the vehicle but also manage regenerative braking, energy distribution, and other critical functions. As vehicles become more complex and feature-rich, the demand for reliable, efficient, and compact motors continues to grow, making them indispensable in the design and operation of modern automobiles.

How Is Technology Shaping The Evolution Of Automotive Motors?

The evolution of automotive motors is being driven by rapid advancements in technology, leading to the development of motors that are more efficient, powerful, and compact. Innovations in materials science, particularly in the development of high-strength, lightweight materials, have enabled the production of motors that deliver greater power output without a corresponding increase in size or weight. Furthermore, advancements in semiconductor technology and control systems have greatly improved the efficiency of electric motors, reducing energy loss and optimizing performance. In electric and hybrid vehicles, the use of permanent magnet synchronous motors (PMSMs) and induction motors has become prevalent due to their superior efficiency and reliability. Additionally, the trend toward vehicle electrification has spurred significant research into next-generation motor technologies, including axial flux motors, which offer even greater power density and efficiency. These technological advancements are not only improving the performance of individual motors but are also enabling new automotive applications that were previously not feasible.

What Are The Challenges And Opportunities In The Automotive Motors Market?

The automotive motors market is characterized by a dynamic interplay of challenges and opportunities, as manufacturers navigate the demands of a rapidly evolving industry. One of the primary challenges is the need to balance performance with cost-effectiveness, particularly in mass-market vehicles where affordability is a key consideration. The transition to electric vehicles presents another challenge, as it requires the development of motors that can deliver high performance while maintaining efficiency across a wide range of operating conditions. Additionally, the scarcity of critical materials, such as rare earth elements used in permanent magnets, poses supply chain risks and cost volatility, prompting the need for alternative materials and motor designs. Despite these challenges, the market presents numerous opportunities, particularly in the context of vehicle electrification and the growing demand for advanced driver assistance systems (ADAS). The increasing complexity of automotive systems is driving demand for specialized motors that can perform specific functions, such as active suspension systems and electric turbochargers, creating new avenues for innovation and market growth.

What Factors Are Driving Growth In The Automotive Motors Market?

The growth in the automotive motors market is driven by several factors that align with broader trends in automotive technology, consumer behavior, and regulatory requirements. A significant driver is the rapid expansion of the electric and hybrid vehicle market, where electric motors are central to vehicle propulsion and energy management. The ongoing trend toward vehicle electrification is not only boosting demand for traditional motors but also for more advanced motor technologies that can deliver higher efficiency and performance. Technological advancements, such as the development of more efficient power electronics and control systems, are further propelling market growth by enabling the production of motors that are both more powerful and more energy-efficient. Additionally, the increasing adoption of advanced driver assistance systems (ADAS) and autonomous driving technologies is driving demand for specialized motors that can support these complex systems. The growing emphasis on vehicle safety and comfort is also contributing to market expansion, as consumers increasingly expect features like power steering, automated braking, and adaptive cruise control, all of which rely on electric motors. These factors, combined with regulatory pressures to reduce emissions and improve fuel efficiency, are shaping a robust and rapidly growing market for automotive motors.

Report Scope

The report analyzes the Automotive Motors market, presented in terms of units. The analysis covers the key segments and geographic regions outlined below.

Segments: Product (DC Brushed Motors, DC Brushless Motors, Stepper Motors); Application (Performance Motors, Safety Motors, Comfort Motors); End-Use (Passenger Cars, Light Commercial Vehicles, Heavy Commercial Vehicles).

Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the DC Brushed Motors segment, which is expected to reach US$28.0 Billion by 2030 with a CAGR of a 4.7%. The DC Brushless Motors segment is also set to grow at 5.3% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, valued at $11.0 Billion in 2024, and China, forecasted to grow at an impressive 7.3% CAGR to reach $12.1 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Automotive Motors Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Automotive Motors Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Automotive Motors Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of players such as BorgWarner, Inc., Brose Fahrzeugteile GmbH & Co. KG, Buhler Motor GmbH, Calsonic Kansei Corporation, Continental AG and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Some of the 43 companies featured in this Automotive Motors market report include:

• 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

Tariff Impact Analysis: Key Insights for 2025

Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.

The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.

What’s Included in This Edition:

• Tariff-adjusted market forecasts by region and segment
• Analysis of cost and supply chain implications by sourcing and trade exposure
• Strategic insights into geographic shifts

Buyers receive a free July 2025 update with:

• Finalized tariff impacts and new trade agreement effects
• Updated projections reflecting global sourcing and cost shifts
• Expanded country-specific coverage across the industry