1. Market Research
  2. > Automotive Market Trends
Automotive Motors Market by Product, Vehicle, Application, EV, Traction Motor by EV and Region - Global Forecast to 2022

Automotive Motors Market: Global Forecast until 2022

  • July 2017
  • 171 pages
  • ID: 5043161
In this report:
According to MarketsandMarkets analysis, the production of vehicles is estimated to reach approximately ##.## million units by 2022 at a CAGR of ##.##%, owing to increase in disposable income, high demand in developing countries, and other factors.
As shown in the figure, the overall global vehicle production (including PC, HCV, and LCV) is estimated to be ##.## million units in 2017 and is projected to reach ##.## million units by 2022 at a CAGR of ##.##%.

Summary

Table of Contents

Search Inside

"Increasing safety norms for vehicles in developed regions, improving socioeconomic conditions in developing regions, and increasing demand for fuel-efficient and eco-friendly vehicles across the world to fuel the industry demand for automotive motors"

The overall automotive motors market is estimated to rise at a compound annual growth rate of ~6.0 percent between 2017 and 2022, to attain ~$34.5B by 2022. The main factors responsible for the increase ot the market contain increasing electrification of vehicles and the mandatory usage of safety technologies including electronic stability control and antilock braking systems in passenger cars in developed regions including Europe and North America continent. Nevertheless, electric vehicles need less number of motors, which may pose a challenge to the rise of the automotive motors market.

"Comfort motors are projected to show important rise potential"

The comfort motors market is forecasted to grow at the maximal rate during the outlook period. The market rise of comfort motors can be accredited to the growing demand for comfort applications including HVAC systems, power windows, and electric power steering in vehicles. Performance motors are expected to have the most important share of the automotive motors market in the upcoming five years. This can be connected to the rising vehicle production across the world.

"Growing demand for safety and comfort features in vehicles would drive the automotive motors market in Asia-Pac region"

APAC is expected to account for the biggest share, by value and quantity, of the automotive motors market in 2017. In terms of increase, the APAC market is expected to grow at the highest compound annual growth rate (CAGR). Developing economies including China and India (IN) are anticipated to play a main role on the backdrop of growing vehicle production. Also, rising installation of upgraded technology features including anti-lock braking system and brake assist is likely to add to the demand for automotive motors.

The market research includes insights of several industry experts, ranging from component suppliers to Tier 1 firms and Original equipment manufacturers. The break-up of the primaries is like:

• By Company category: Tier 1 - 42.0 percent, Tier 2 - 26.0 percent, Tier 3 32.0 percent

• By Description: C-suite - 42.0 percent, D-suite - 26.0 percent, Others - 32.0 percent

• By Area: North America (NA) - 38.0 percent, EU - 22.0 percent, Asia-Pac - 30.0 percent, RoW - 10.0 percent

Segment Research

The document breaks down the automotive motors market and forecasts its size, by quantity and value, on the basis of area (Asia Pacific (APAC), Europe (EU), North America continent, and RoW), application type (safety motors, comfort motors, performance motors), vehicle type (passenger cars, LCV, and HCV), motors type (DC brushed, DC brushless, stepper), electric vehicle by traction motor (BEV, HEV, PHEV) and electric vehicle type (BEV, HEV, PHEV).

Why Purchasing This Study Can Help You:

This industry report includes different levels of study, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the emerging and high increase segments of the automotive motors market, opposing landscape, high increase regions and territories, government actions, and market dynamics including drivers, market restraints, alternatives, and opportunities.

The study allows new sector entrants and smaller companies to comprehend the industry better to help them acquire a larger market share. Companies obtaining the analysis could use any one or an aggregation of the below-mentioned four strategies (industry development, product improvement/innovative projects, industry diversification, and opposing assessment) to enhance their rank in the sector.

The market research offers business insights into the following parts:

• business entry: The industry report affords Exhaustive information about the automotive motors market and the most important 12 market actors in the industry.

• Product Development/Innovative products: The study offers in-depth understanding into up-on-coming technologies and recent product launches in the automotive motors market.

• Market Development: The analysis examines the sector for automotive motors across localities and offers highlighted information about profitable emerging sectors.

• industry diversification: The market research offers complete information about recent products, untapped regional sectors, recent evolutions, and market investments in the automotive motors market.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Amrita helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Rear Spoiler Market by Fuel, Vehicle Type, Material, Technology And Region - Global Forecast to 2022

Rear Spoiler Market: Global Forecast until 2022

  • $ 5650
  • Industry report
  • September 2017
  • by MarketsandMarkets

“Increasing stringency of vehicle emission norms in developed regions, improving socioeconomic conditions in developing regions, and growing demand for electric and hybrid vehicles across the globe to ...

Power Sunroof Market by Material, Glass Type, Vehicle, EV, Fabric And Region - Global Forecast to 2025

Power Sunroof Market: Global Forecast until 2025

  • $ 5650
  • Industry report
  • November 2017
  • by MarketsandMarkets

“Increasing sales of premium vehicles in developed regions and growing demand for electric and hybrid vehicles across the globe to fuel the demand for power sunroof market”The global power sunroof ...

Auto Dimming Mirror Market by Fuel Type, Application, Functionality, Vehicle Type And Region - Global Forecast to 2025

Auto Dimming Mirror Market: Global Forecast until 2025

  • $ 5650
  • Industry report
  • November 2017
  • by MarketsandMarkets

“Increasing awareness about passenger and vehicle safety and trend of integrating additional features in the mirror are expected to fuel the demand for auto dimming mirrors”The auto dimming mirro ...


ref:plp2017

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.