Global Automotive Motor Market to be Valued at $49.6 Billion by 2025 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Feb 4, 2020--
The “Global Automotive Motor Market (2019-2025)” report has been added to ResearchAndMarkets.com’s offering.
The Global Automotive Motor Market size is expected to reach $49.6 billion by 2025, rising at a market growth of 7.1% CAGR during the forecast period.
Increased passenger and commercial vehicle demand is expected to boost the automotive motor market over the forecast period. Strict rules and regulations laid down by governments across the world to incorporate various active safety systems such as lane keep assist, electronic stability control (ESC) and anti-lock braking system (ABS) in vehicles are also likely to drive the motor vehicle market over the coming years. The growing need for more fuel-efficient vehicles is raising the need for higher efficiency and better quality automotive motors. In the coming years, this is expected to propel the automotive motor market.
The adoption of electric motors in automobiles has seen a steady rise over the forecast period. It is anticipated that increased emphasis on improving design and manufacturing processes to deliver better products with improved efficiency is expected to bode well for product demand. The market is experiencing tremendous growth due to the increase in the production of automobiles and the number of motors used in a particular vehicle.
Recent strategies deployed in the Automotive Motor Market
Partnerships, Collaborations, and Agreements:
Dec-2019: Mitsubishi signed an alliance with Nissan Motor and Renault SA in which they will form a new joint venture company. This joint venture will be focused on research and development of advanced automotive technologies.
Oct-2019: Valeo teamed up with Dana, Inc. for developing and supplying 48-volt electric-vehicle systems for new mobility applications including hybrid e-AWD vehicles and low speed-electric vehicles. Together the companies provide complete electromechanical systems to customers. These systems will be equipped with Dana-designed Spicer Electrified e-Gearbox and Valeo-developed electric motor and inverter.
Acquisition and Mergers:
Apr-2019: Nidec signed a definitive agreement to acquire Omron Automotive Electronics. The acquisition helps Nidec in developing electric brake motors, electric power steering (EPS) motors, and electronic control units (ECU).
Product Launches and Product Expansions:
Dec-2019: BorgWarner launched new High Voltage Hairpin (HVH) 146 motor in order to extend its HVH Series motors. It is a permanent magnet electric motor, which is best-suited for hybrid-electric vehicle applications.
Oct-2019: Valeo expanded its tech center in the Central China of Wuhan in order to strengthen the development capability of components and parts for intelligent vehicles. The expansion is focused towards the development of hardware and software for cameras, lidars, sensors, intelligent cockpits, and electronic control units used in vehicles.
Key Topics Covered:
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.3 Market Scope
1.4.1 Global Automotive Motor Market, by Distribution Channel
1.4.2 Global Automotive Motor Market, by Application
1.4.3 Global Automotive Motor Market, by Vehicle Type
1.4.4 Global Automotive Motor Market, by Type
1.4.5 Global Automotive Motor Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2015-2019)
3.3.2 Key Strategic Move: (Acquisition and Mergers : 2019-Apr - 2015-Jun) Leading Players
Chapter 4. Global Automotive Motor Market by Sales Channel
4.1 Global Aftermarket Automotive Motor Market by Region
4.2 Global OEM Automotive Motor Market by Region
Chapter 5. Global Automotive Motor Market by Application
5.1 Global Automotive Motor Comfort Market by Region
5.2 Global Automotive Motor Safety Market by Region
5.3 Global Automotive Motor Others Market by Region
Chapter 6. Global Automotive Motor Market by Vehicle Type
6.1 Global Non-Electric Vehicle Automotive Motor Market by Region
6.2 Global Electric Vehicle Automotive Motor Market by Region
Chapter 7. Global Automotive Motor Market by Type
7.1 Global Brushed DC Motor Automotive Motor Market by Region
7.2 Global Brushless DC Motor Automotive Motor Market by Region
7.3 Global Traction Motor Automotive Motor Market by Region
7.4 Global Others Automotive Motor Market by Region
Chapter 8. Global Automotive Motor Market by Region
8.1 North America Automotive Motor Market
8.2 Europe Automotive Motor Market
8.3 Asia Pacific Automotive Motor Market
8.4 LAMEA Automotive Motor Market
Chapter 9. Company Profiles
9.1 Siemens AG
9.2 Robert Bosch GmbH
9.3 Continental AG
9.4 Denso Corporation
9.5 Mitsubishi Electric Corporation
9.6 Valeo SA
9.7 Mahle Group
9.8 Nidec Corporation
9.9 BorgWarner, Inc.
9.10 Johnson Electric Holdings Limited
For more information about this report visit https://www.researchandmarkets.com/r/xer0se
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INDUSTRY KEYWORD: GENERAL AUTOMOTIVE AUTOMOTIVE MANUFACTURING MANUFACTURING AUTOMOTIVE
SOURCE: Research and Markets
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PUB: 02/04/2020 05:33 AM/DISC: 02/04/2020 05:33 AM