Automotive Motor Market Overview:
Market Research Future Published a Research Report on Global Automotive Motor Market Research Report. The factors that enhance the growth of the global automotive motor market include energy efficiency evaluation program, increased demand from the automotive industry especially electric vehicle manufacturers, an increased government initiative, and others. Governments of various countries have also taken various initiatives to improve the efficiency of the motor. Many government regulations make it compulsory for vehicle manufacturers to add safety features to the vehicles. Adding these features raises the cost of vehicles. Hence, the increased prices of vehicles can put breaks on market growth.
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The global automotive motor market has been segmented on the basis of application, product, vehicle types, and lastly region. The application-based segmentation segments this market into comfort motors, performance motors, and safety motors. Based on product, the market has been segmented into brushed DC electric motor, brushless DC (BLDC) electric motor, and steppers. A brushed DC motor is described as an internally commutated electric motor that has been constructed in such a way, that it would run from a direct current power source. BLDC motors are electronically commutated motors (ECM, EC motors). They are also known as synchronous DC motors, as they are powered by DC electricity via an inverter or switching power supply. Such inverter or power supply produces an AC electric current that drives each phase of the motor via a closed loop controller. By vehicle types, the global automotive motor market has been segmented into the commercial vehicle and a passenger vehicle
The regional segmentation of global automotive motor market covers continent-based regional markets namely Asia Pacific, Europe, North America, and the rest of the world (RoW). According to the report, the Asia Pacific is expected to dominate the market during the forecast period. The reasons for the market growth in this region can be attributed to the growth of economies like China, India, and Japan. In these countries, the production by original equipment manufacturers (OEMs) has increased.
The key players in automotive motor market are Robert Bosch GmbH (Germany), Johnson Electric Holdings Ltd. (Hong Kong), Continental AG (Germany), Nidec Corporation (Japan), Denso Corporation (Japan), and Mitsubishi Electric Corporation (Japan). Siemens AG (Germany), Magna International (Canada), Valeo S.A. (France), Borgwarner Inc. (U.S.), Mitsuba Corporation (Japan), Mahle Group (Germany), PMP Auto Components Pvt. Ltd. (India), SAIC Motor Corporation Limited (China), REIL Electricals India Limited (India) are among others.
The report for Global Automotive Motor Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Table Of Contents:
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
Continued…
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