The Electric Motors for Automotive Market is expected to grow over the CAGR of around 8% during the period 2017 to 2023.
— Electric Motors for Automotive Market 2018
Electric Motors for Automotive Market 2018 is latest research report by MarketResearchFuture, the global Electric Motors for Automotive market is expected to Register High Growth Rate during 2018 To 2023. Report analyzes Electric Motors for Automotive Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. Electric Motors for Automotive Market Information is segmented by installation position (Body motors, Chassis motors, Powertrain motors), By function (Small sized Electric Motors for Automotive, Automotive starters, Alternators and Others) and By Region - Forecast to 2023
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The Key Players In The Global Electric Motors for Automotive Market
Bosch GmbH (Germany), Chengdu Huachuan Electric Parts Co.,Ltd. (China), Chongqing Bright Industry Group Co., Ltd.(China), Hubei Shendian Auto Motor Co., Ltd. (China), Jinzhou Halla Electrical Equipment Co., Ltd. (China), Johnson Electric International AG (Hong Kong), Mitsubishi Electric Corporation (Japan), Shanghai Valeo Automotive Electrical Systems Co., Ltd. (China), Shanghai Valeo Automotive Motor & Wiper Systems Co., Ltd.(China), and Taizhou ValeoWenling Automotive Systems Co., Ltd. (China).
Electric Motors for Automotive are defined as devices embedded in the automotive and working on the electromagnetic induction principle by ensuring the conversion of electrical energy into mechanical energy. Market Research Future (MRFR) has published a research report about the global Electric Motors for Automotive market that evaluates enlargement for this market with 8% CAGR between 2017 and 2023. Analyzing the market structure, this report evaluates the future growth potential of the market and assays the scenario of the key players in the market. It also covers the competitive developments such as joint ventures, new product developments, mergers and acquisitions, research and developments (R & D) in the market.
The key factors that drive the market growth include increasing adoption of electric vehicles across the globe and benefits facilitated by electric motors embedded in the automotive. Such benefits include longer operating life, low consumption of energy, and low maintenance for the fluctuating voltages. The electric motors can be integrated with controls and gearing that make it more suitable for automotive use.
The global Electric Motors for Automotive market has been segmented on the basis of function, installation position, and lastly, region. As per the function-based segmentation, this market has been segmented into alternators, automotive starters, small sized Electric Motors for Automotive, and others. Based on installation position, the market has been segmented on the basis of body motors, chassis motors, and powertrain motors.
The regional segmentation of the global Electric Motors for Automotive market segments the market into regional markets namely North America, Europe, Asia Pacific, and the rest of the world (RoW). According to the report the Asia Pacific is expected to dominate the market due to the rapid growth in the manufacturing industries including the automotive manufacturers in this region during the forecast period. Factors contributing to the growth of the Electric Motors for Automotive market in this region include constant upgradation of automobile manufacturing sector and the increasing emphasis on adoption of energy efficient electric motors in various automotive. The key country-specific markets in this region are China, India, and Japan, followed by the rest of the Asia Pacific region.
In the developed nations located in North America and Europe, consumers are becoming aware of the use of efficient electric motors in the automotive. Therefore, the adoption of electric motors is increasing due to increased energy efficiency and the low cost of electric motors. In North America, the most important country-specific markets are the United States of America (USA) and Canada. In Europe, the most important country-based markets are France, Germany, Spain and the United Kingdom (UK), followed by the rest of Europe.
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Table of Contents
1 Executive Summary
2 Research Methodology
3 Market Dynamics
4 Global Electric Motors for Automotive Market, By Installation Position
5 Global Electric Motors for Automotive Market, By Function
6 Regional Market Analysis
7 Competitive Analysis
LIST OF TABLES
TABLE 1 GLOBAL ELECTRIC MOTORS FOR AUTOMOTIVE MARKET, BY INSTALLATION POSITION
TABLE 2 GLOBAL ELECTRIC MOTORS FOR AUTOMOTIVE MARKET, BY FUNCTION
TABLE 3 GLOBAL ELECTRIC MOTORS FOR AUTOMOTIVE MARKET, BY REGIONS
TABLE 4 NORTH AMERICA ELECTRIC MOTORS FOR AUTOMOTIVE MARKET, BY COUNTRY
TABLE 5 NORTH AMERICA ELECTRIC MOTORS FOR AUTOMOTIVE MARKET, BY INSTALLATION POSITION
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 GLOBAL ELECTRIC MOTORS FOR AUTOMOTIVE MARKET: BY INSTALLATION POSITION (%)
FIGURE 3 GLOBAL ELECTRIC MOTORS FOR AUTOMOTIVE MARKET: BY FUNCTION (%)
FIGURE 4 GLOBAL ELECTRIC MOTORS FOR AUTOMOTIVE MARKET: BY REGION
FIGURE 5 NORTH AMERICA ELECTRIC MOTORS FOR AUTOMOTIVE MARKET, BY INSTALLATION POSITION (%)
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