Global Automotive Motors Market Size, Share & Trends Analysis Report by Type (Brushless DC Motor & Stepper Motor, Brushed DC Motor, AC Induction Motor, and Others), By Vehicle Type (Passenger Vehicles, Commercial Vehicles, and Electric Vehicles), By Distribution Channel (OEM and Aftermarket) Forecast, 2020-2026.
The global automotive motors market is projected to grow at a significant CAGR of around 8.5% during the forecast period. The key factors that drive the global automotive motors market include the increased need for safety features and convenience. Owing to the legislations for active and passive safety systems and evolving automotive safety norms the installation of safety systems in passenger cars is mandated, due to which there is an increase in the adoption of safety systems such as ABS and ESC per vehicle, this, in turn, enhances the demand for electric motors and the market over the forecast period across the globe. Moreover, increased demand for electric vehicles is also augmenting the demand for electric motor globally.
The global automotive motors market is segmented into type, vehicle type, and distribution channel. Based on the type, the market has been sectioned as brushless dc motor & stepper motor, brushed dc motor, ac induction motor, and others. By vehicle type, the market is segmented into passenger vehicles, commercial vehicles, and electric vehicles. Commercial vehicles segment is further sub-segmented into light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and others. Whereas the electric vehicles segment is further sub-segmented into battery electric vehicles (BEVs), plug-in electric vehicles (PEVs), and hybrid electric vehicles (HEVs). The electric vehicle segment is expected to witness huge growth during the forecast period. Based on the distribution channel, the market is segmented as OEM and aftermarket. The online channel segment holds a significant share in the market.
The global automotive motors market is segmented into North America (the US and Canada), Europe (Germany, UK, Italy, France, and Spain), Asia-Pacific (China, India, and Japan), and the Rest of the World. Asia-Pacific region is estimated to grow significantly during the forecast period.
Some of the prominent players functioning in the global automotive motors market include Continental AG, Johnson Electric Holdings Ltd., Mahle GmbH, Mitsubishi Electric Corp., Robert Bosch GmbH, and Siemens AG among others. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the global automotive motors market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors.
Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring more authenticity to the reports.
Secondary sources include:
Market Segmentation:
1. Global Automotive Motors Market Research and Analysis by Type
2. Global Automotive Motors Market Research and Analysis by Vehicle Type
3. Global Automotive Motors Market Research and Analysis by Distribution Channel
The Report covers:
The global automotive motors market is projected to grow at a significant CAGR of around 8.5% during the forecast period. The key factors that drive the global automotive motors market include the increased need for safety features and convenience. Owing to the legislations for active and passive safety systems and evolving automotive safety norms the installation of safety systems in passenger cars is mandated, due to which there is an increase in the adoption of safety systems such as ABS and ESC per vehicle, this, in turn, enhances the demand for electric motors and the market over the forecast period across the globe. Moreover, increased demand for electric vehicles is also augmenting the demand for electric motor globally.
The global automotive motors market is segmented into type, vehicle type, and distribution channel. Based on the type, the market has been sectioned as brushless dc motor & stepper motor, brushed dc motor, ac induction motor, and others. By vehicle type, the market is segmented into passenger vehicles, commercial vehicles, and electric vehicles. Commercial vehicles segment is further sub-segmented into light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and others. Whereas the electric vehicles segment is further sub-segmented into battery electric vehicles (BEVs), plug-in electric vehicles (PEVs), and hybrid electric vehicles (HEVs). The electric vehicle segment is expected to witness huge growth during the forecast period. Based on the distribution channel, the market is segmented as OEM and aftermarket. The online channel segment holds a significant share in the market.
The global automotive motors market is segmented into North America (the US and Canada), Europe (Germany, UK, Italy, France, and Spain), Asia-Pacific (China, India, and Japan), and the Rest of the World. Asia-Pacific region is estimated to grow significantly during the forecast period.
Some of the prominent players functioning in the global automotive motors market include Continental AG, Johnson Electric Holdings Ltd., Mahle GmbH, Mitsubishi Electric Corp., Robert Bosch GmbH, and Siemens AG among others. New product launches & developments, partnerships, agreements, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.
Research Methodology
The market study of the global automotive motors market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. The team collects facts and data related to the market from different geography to provide a better regional outlook. In the report, the country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors.
Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. This enables the analyst to derive the closest possible figures without any major deviations in the actual number. the analysts try to contact as many executives, managers, key opinion leaders, and industry experts to bring more authenticity to the reports.
Secondary sources include:
- Financial reports of companies involved in the market
- Whitepapers, research-papers, and news blogs
- Company websites and their product catalog
Market Segmentation:
1. Global Automotive Motors Market Research and Analysis by Type
2. Global Automotive Motors Market Research and Analysis by Vehicle Type
3. Global Automotive Motors Market Research and Analysis by Distribution Channel
The Report covers:
- Comprehensive research methodology of the global automotive motors market.
- This report also includes a detailed and extensive market overview with key analyst insights.
- An exhaustive analysis of macro and micro factors influencing the market guided by key recommendations.
- Analysis of regional regulations and other government policies impacting the global automotive motors market.
- Insights about market determinants which are stimulating the global automotive motors market.
- Detailed and extensive market segments with regional distribution of forecast revenues.
- Extensive profiles and recent developments of the market players.
Table of Contents
1. Report Summary1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Geography
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
2.3. Rules & Regulations
3. Competitive Landscape
3.1. Competitive Dashboard
3.2. Key Strategy Analysis
3.3. Key Company Analysis
3.3.1. Siemens AG
3.3.1.1. Overview
3.3.1.2. Financial Analysis
3.3.1.3. SWOT Analysis
3.3.1.4. Recent Developments
3.3.2. Tesla Inc.
3.3.2.1. Overview
3.3.2.2. Financial Analysis
3.3.2.3. SWOT Analysis
3.3.2.4. Recent Developments
3.3.3. Continental AG
3.3.3.1. Overview
3.3.3.2. Financial Analysis
3.3.3.3. SWOT Analysis
3.3.3.4. Recent Developments
3.3.4. Robert Bosch GmbH
3.3.4.1. Overview
3.3.4.2. Financial Analysis
3.3.4.3. SWOT Analysis
3.3.4.4. Recent Developments
3.3.5. Valeo SA
3.3.5.1. Overview
3.3.5.2. Financial Analysis
3.3.5.3. SWOT Analysis
3.3.5.4. Recent Developments
4. Market Determinants
4.1. Motivators
4.2. Restraints
4.3. Opportunities
5. Market Segmentation
5.1. Global Automotive Motors Market by Type
5.1.1. Brushless DC Motor&Stepper Motor
5.1.2. Brushed DC Motor
5.1.3. AC Induction Motor
5.1.4. Others
5.2. Global Automotive Motors Market by Vehicle Type
5.2.1. Passenger Vehicles
5.2.2. Commercial Vehicles
5.2.2.1. Light Commercial Vehicles (LCVs)
5.2.2.2. Heavy Commercial Vehicles (HCVs)
5.2.2.3. Others (Buses & Coaches)
5.2.3. Electric Vehicles
5.2.3.1. Battery Electric Vehicles (BEVs)
5.2.3.2. Plug-in Electric Vehicles (PEVs)
5.2.3.3. Hybrid Electric Vehicles (HEVs)
5.3. Global Automotive Motors Market by Distribution Channel
5.3.1. OEM
5.3.2. Aftermarket
6. Regional Analysis
6.1. North America
6.1.1. United States
6.1.2. Canada
6.2. Europe
6.2.1. UK
6.2.2. Germany
6.2.3. Italy
6.2.4. Spain
6.2.5. France
6.2.6. Rest of Europe
6.3. Asia-Pacific
6.3.1. China
6.3.2. India
6.3.3. Japan
6.3.4. Rest of Asia-Pacific
6.4. Rest of the World
7. Company Profiles
7.1. ABB Ltd.
7.2. Borgwarner Inc.
7.3. Brose Fahrzeugteile SE & Co. KG
7.4. Buhler Motor GmbH
7.5. BYD Auto Co., Ltd.
7.6. Continental AG
7.7. Denso Corp.
7.8. Inmotion Technologies AB
7.9. Johnson Electric Holdings Ltd.
7.10. Mabuchi Motors Co. Ltd
7.11. Magna International Inc.
7.12. Magneti Marelli S.p.A.
7.13. Mahle GmbH
7.14. Mitsuba Corp.
7.15. Mitsubishi Electric Corp.
7.16. Nidec Corp.
7.17. Ricardo Plc
7.18. Robert Bosch GmbH
7.19. Siemens AG
7.20. Tesla Inc.
7.21. Toshiba Corp.
7.22. Valeo SA
7.23. Yamaha Motor Co.List of Tables
1. Global Automotive Motors Market Research and Analysis by Type, 2019-2026 ($ Million)
2. Global Brushless Dc &Stepper Motor Market Research and Analysis by Region, 2019-2026 ($ Million)
3. Global Brushed Dc Motor Market Research and Analysis by Region, 2019-2026 ($ Million)
4. Global Ac Induction Motor Market Research and Analysis by Region, 2019-2026 ($ Million)
5. Global Others Market Research and Analysis by Region, 2019-2026 ($ Million)
6. Global Automotive Motors Market Research and Analysis by Vehicle Type, 2019-2026 ($ Million)
7. Global Passenger Vehicles Market Research and Analysis by Region, 2019-2026 ($ Million)
8. Global Commercial Vehicles Market Research and Analysis by Region, 2019-2026 ($ Million)
9. Global Commercial Vehicles Market Research and Analysis by Type, 2019-2026 ($ Million)
10. Global Light Commercial Vehicles (Lcvs)Market Research and Analysis by Region, 2019-2026 ($ Million)
11. Global Heavy Commercial Vehicles (Hcvs)Market Research and Analysis by Region, 2019-2026 ($ Million)
12. Global Others (Buses & Coaches)Market Research and Analysis by Region, 2019-2026 ($ Million)
13. Global Electric Vehicles Market Research and Analysis by Region, 2019-2026 ($ Million)
14. Global Electric Vehicles Market Research and Analysis by Type, 2019-2026 ($ Million)
15. Global Battery Electric Vehicles (Bevs)Market Research and Analysis by Region, 2019-2026 ($ Million)
16. Global Plug-In Electric Vehicles (Pevs)Market Research and Analysis by Region, 2019-2026 ($ Million)
17. Global Hybrid Electric Vehicles (Hevs)Market Research and Analysis by Region, 2019-2026 ($ Million)
18. Global Automotive Motors Market Research and Analysis by Distribution Channels, 2019-2026 ($ Million)
19. Global Oem Market Research and Analysis by Region, 2019-2026 ($ Million)
20. Global Aftermarket Market Research and Analysis by Region, 2019-2026 ($ Million)
21. Global Automotive Motors Market Research and Analysis by Geography, 2019-2026 ($ Million)
22. North American Automotive Motors Market Research and Analysis by Country, 2019-2026 ($ Million)
23. North American Automotive Motors Market Research and Analysis by Type, 2019-2026 ($ Million)
24. North American Automotive Motors Market Research and Analysis by Vehicle Type, 2019-2026 ($ Million)
25. North American Automotive Motors Market Research and Analysis by Distribution Channels, 2019-2026 ($ Million)
26. European Automotive Motors Market Research and Analysis by Country, 2019-2026 ($ Million)
27. European Automotive Motors Market Research and Analysis by Type, 2019-2026 ($ Million)
28. European Automotive Motors Market Research and Analysis by Vehicle Type, 2019-2026 ($ Million)
29. European Automotive Motors Market Research and Analysis by Distribution Channels, 2019-2026 ($ Million)
30. Asia-Pacific Automotive Motors Market Research and Analysis by Country, 2019-2026 ($ Million)
31. Asia-Pacific Automotive Motors Market Research and Analysis by Type, 2019-2026 ($ Million)
32. Asia-Pacific Automotive Motors Market Research and Analysis by Vehicle Type, 2019-2026 ($ Million)
33. Asia-Pacific Automotive Motors Market Research and Analysis by Distribution Channels, 2019-2026 ($ Million)
34. Rest of the World Automotive Motors Market Research and Analysis by Type, 2019-2026 ($ Million)
35. Rest of the World Automotive Motors Market Research and Analysis by Vehicle Type, 2019-2026 ($ Million)
36. Rest of the World Automotive Motors Market Research and Analysis by Distribution Channels, 2019-2026 ($ Million)List of Figures
1. Global Automotive Motors Market Share by Type, 2019 Vs 2026 (%)
2. Global Automotive Motors Market Share by Vehicle Type, 2019 Vs 2026 (%)
3. Global Automotive Motors Market Share by Distribution Channels, 2019 Vs 2026 (%)
4. Global Automotive Motors Market Share by Geography, 2019 Vs 2026 (%)
5. US Automotive Motors Market Size, 2019-2026 ($ Million)
6. Canada Automotive Motors Market Size, 2019-2026 ($ Million)
7. UK Automotive Motors Market Size, 2019-2026 ($ Million)
8. France Automotive Motors Market Size, 2019-2026 ($ Million)
9. Germany Automotive Motors Market Size, 2019-2026 ($ Million)
10. Italy Automotive Motors Market Size, 2019-2026 ($ Million)
11. Spain Automotive Motors Market Size, 2019-2026 ($ Million)
12. Rest of Europe Automotive Motors Market Size, 2019-2026 ($ Million)
13. India Automotive Motors Market Size, 2019-2026 ($ Million)
14. China Automotive Motors Market Size, 2019-2026 ($ Million)
15. Japan Automotive Motors Market Size, 2019-2026 ($ Million)
16. Rest of Asia-Pacific Automotive Motors Market Size, 2019-2026 ($ Million)
17. Rest of the World Automotive Motors Market Size, 2019-2026 ($ Million)
18. Global Brushless Dc Motor & Stepper Motor Market Share by Region, 2019 Vs 2026 (%)
19. Global Brushed Dc Motor Market Share by Region, 2019 Vs 2026 (%)
20. Global Ac Induction Motor Market Share by Region, 2019 Vs 2026 (%)
21. Global Others Motor Market Share by Region, 2019 Vs 2026 (%)
22. Global Passenger Vehicles Market Share by Region, 2019 Vs 2026 (%)
23. Global Commercial Vehicles Market Share by Region, 2019 Vs 2026 (%)
24. Global Electric Vehicles Market Share by Region, 2019 Vs 2026 (%)
25. Global Oem Automotive Motor Market Share by Region, 2019 Vs 2026 (%)
26. Global Aftermarket Automotive Motor Market Share by Region, 2019 Vs 2026 (%)
Companies Mentioned
A selection of companies mentioned in this report includes:
- ABB Ltd.
- Borgwarner Inc.
- Brose Fahrzeugteile SE & Co. KG
- Buhler Motor GmbH
- BYD Auto Co., Ltd.
- Continental AG
- Denso Corp.
- Inmotion Technologies AB
- Johnson Electric Holdings Ltd.
- Mabuchi Motors Co. Ltd
- Magna International Inc.
- Magneti Marelli S.p.A.
- Mahle GmbH
- Mitsuba Corp.
- Mitsubishi Electric Corp.
- Nidec Corp.
- Ricardo Plc
- Robert Bosch GmbH
- Siemens AG
- Tesla Inc.
- Toshiba Corp.
- Valeo SA
- Yamaha Motor Co.