The global Automotive Electric Motors market was valued at US$ 110020 million in 2020 and it is expected to reach US$ 141410 million by the end of 2027, growing at a CAGR of 3.6% during 2021-2027.
Automotive Electric motors are devices embedded in the automotive which works on the electro-magnetic induction principle by ensuring conversion of electrical energy into mechanical energy.
The Automotive electric motors market is majorly driven by the increasing adoption of electric vehicles across the globe. The electric motors embedded in the automotive facilitate certain benefits to automotive which include longer operating life, low maintenance for the fluctuating voltages and the low consumption of energy. The electric motors are capable of being integrated with controls and gearing which make it more suitable for use in automotive.
Global Automotive Electric Motors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Electric Motors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Robert Bosch, Johnson Electric, Mitsubishi Electric, Denso, Emerson Electric, Faulhaber Group and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Body Motors
- Chassis Motors
- Powertrain Motors
Segment by Application
- Passenger Vehicles
- Commercial Vehicles
Table of Content:
1 Automotive Electric Motors Market Overview
2 Automotive Electric Motors Market Competition by Manufacturers
3 Automotive Electric Motors Retrospective Market Scenario by Region
4 Global Automotive Electric Motors Historic Market Analysis by Type
5 Global Automotive Electric Motors Historic Market Analysis by Application
6 Key Companies Profiled
7 Automotive Electric Motors Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Automotive Electric Motors Market Dynamics
10 Global Automotive Electric Motors Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta