The Latin America, Middle East and Africa Automotive Motor Market is expected to witness market growth of 8.1% CAGR during the forecast period (2019-2025).
Innovation in the production technology of electric vehicles and growing focus on renewable energy have proven to be the main factors driving demand for electric vehicles. Electric vehicle adoption can help mitigate problems like oil dependency, global warming, and contamination of the environment. Consequently, different governments have initiated and implemented different policies to promote electric vehicle adoption and production. In the near future, this trend is expected to drive demand for automotive motors.
An increased demand for electric vehicles is also projected to boost the automotive motor market during the forecast period. Due to their ability to reduce emissions or pollutants, electric vehicles are anticipated to witness robust demand. It is expected that increasing awareness of environmental protection around the world is expected to accelerate the use of electric vehicles, which in turn will drive demand. After a certain period of time, automotive motors must be replaced, which is predicted to impact market growth. OEMs' efforts to introduce minimum wear and tear motors, nevertheless, and longer life and efficiency are expected to create growth opportunities. There are several programs being pursued by governments to promote these projects. Government bodies also make significant investments in the production of energy-efficient motors.
Based on Distribution Channel, the market is segmented into Aftermarket and OEM. Based on Application, the market is segmented into Comfort, Safety and Others. Based on Vehicle Type, the market is segmented into Non-Electric Vehicle and Electric Vehicle. Based in Type, the market is segmented into Brushed DC Motor, Brushless DC Motor, Traction Motor and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Robert Bosch GmbH, Continental AG, Denso Corporation, Mitsubishi Electric Corporation, Valeo SA, Mahle Group, Nidec Corporation, BorgWarner, Inc., and Johnson Electric Holdings Limited.
Scope of the Study
Market Segmentation:
By Distribution Channel
By Application
By Vehicle Type
By Type
By Country
Companies Profiled
Unique Offerings from the Publisher
Innovation in the production technology of electric vehicles and growing focus on renewable energy have proven to be the main factors driving demand for electric vehicles. Electric vehicle adoption can help mitigate problems like oil dependency, global warming, and contamination of the environment. Consequently, different governments have initiated and implemented different policies to promote electric vehicle adoption and production. In the near future, this trend is expected to drive demand for automotive motors.
An increased demand for electric vehicles is also projected to boost the automotive motor market during the forecast period. Due to their ability to reduce emissions or pollutants, electric vehicles are anticipated to witness robust demand. It is expected that increasing awareness of environmental protection around the world is expected to accelerate the use of electric vehicles, which in turn will drive demand. After a certain period of time, automotive motors must be replaced, which is predicted to impact market growth. OEMs' efforts to introduce minimum wear and tear motors, nevertheless, and longer life and efficiency are expected to create growth opportunities. There are several programs being pursued by governments to promote these projects. Government bodies also make significant investments in the production of energy-efficient motors.
Based on Distribution Channel, the market is segmented into Aftermarket and OEM. Based on Application, the market is segmented into Comfort, Safety and Others. Based on Vehicle Type, the market is segmented into Non-Electric Vehicle and Electric Vehicle. Based in Type, the market is segmented into Brushed DC Motor, Brushless DC Motor, Traction Motor and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Siemens AG, Robert Bosch GmbH, Continental AG, Denso Corporation, Mitsubishi Electric Corporation, Valeo SA, Mahle Group, Nidec Corporation, BorgWarner, Inc., and Johnson Electric Holdings Limited.
Scope of the Study
Market Segmentation:
By Distribution Channel
- Aftermarket
- OEM
By Application
- Comfort
- Safety
- Others
By Vehicle Type
- Non-Electric Vehicle
- Electric Vehicle
By Type
- Brushed DC Motor
- Brushless DC Motor
- Traction Motor
- Others
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Companies Profiled
- Siemens AG
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Mitsubishi Electric Corporation
- Valeo SA
- Mahle Group
- Nidec Corporation
- BorgWarner, Inc.
- Johnson Electric Holdings Limited
Unique Offerings from the Publisher
- Exhaustive coverage
- Highest number of market tables and figures
- Subscription based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Chapter 1. Market Scope & Methodology
Chapter 2. Market Overview
Chapter 3. Competition Analysis - Global
Chapter 4. LAMEA Automotive Motor Market by Sales Channel
Chapter 5. LAMEA Automotive Motor Market by Application
Chapter 6. LAMEA Automotive Motor Market by Vehicle Type
Chapter 7. LAMEA Automotive Motor Market by Type
Chapter 8. LAMEA Automotive Motor Market by Country
Chapter 9. Company Profiles
Companies Mentioned
- Siemens AG
- Robert Bosch GmbH
- Continental AG
- Denso Corporation
- Mitsubishi Electric Corporation
- Valeo SA
- Mahle Group
- Nidec Corporation
- BorgWarner, Inc.
- Johnson Electric Holdings Limited
Methodology
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