Global Automotive Micro Motor Market Report By Power Consumption (Less Than 11 V, 12V - 24V, 25V - 48V, More Than 48V), By Motor Type (DC Motor, AC Motor), By Technology Type (Brushed Micromotor, Brushless Micromotor) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030
The global demand for Automotive Micro Motor Market is presumed to reach the market size of nearly USD 55.12 BN by 2030 from USD 35.14 BN in 2022 with a CAGR of 5.79% under the study period 2023 - 2030.
An automotive micro motor refers to a small-sized electric motor specifically designed for automotive applications. These micro motors are compact, lightweight, and typically have high power-to-size ratios, making them suitable for various functions within vehicles.
The increasing trend of vehicle electrification, including hybrid and EVs, has fueled the demand for automotive micro motors. These motors are essential components in electric powertrains, supporting functions such as power steering, coolant pumps, and compressor systems. The rise of ADAS in vehicles has also contributed to market growth. These motors play a crucial role in actuating various components within ADAS, enabling their precise and responsive functionality. Rising demand for comfort and convenience features has driven the adoption of automotive micro motors in power window systems, power seat adjustments, and power mirror adjustments. Stringent fuel efficiency and emission regulations have prompted automakers to optimize engine performance. These are instrumental in achieving these goals by enabling precise control of fuel systems, emission control components, and electronic throttle systems. Technological advancements and innovations in micro motor design and manufacturing processes have improved their performance, efficiency, and durability, driving market growth. Safety systems, the increasing adoption of electric power steering, and the production of electric vehicles also contribute to the demand for automotive micro motors.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of automotive micro motor. The growth and trends of automotive micro motor industry provide a holistic approach to this study.
This section of the automotive micro motor market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Power Consumption
Less Than 11 V
12V - 24V
25V - 48V
More Than 48V
By Motor Type
By Technology Type
This section covers the regional outlook, which accentuates current and future demand for the Automotive Micro Motor market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Automotive Micro Motor Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Automotive Micro Motor market include Nidec Corporation, Johnson Electric Holdings Limited, Mitsuba Corporation, Buehler Motor Inc., Constar Motor. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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1 . PREFACE
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . AUTOMOTIVE MICRO MOTOR – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Power Consumption
3.7.2 Market Attractiveness Analysis By Motor Type
3.7.3 Market Attractiveness Analysis By Technology Type
3.7.4 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL AUTOMOTIVE MICRO MOTOR MARKET ANALYSIS BY POWER CONSUMPTION
5.1 Overview by Power Consumption
5.2 Historical and Forecast Data
5.3 Analysis by Power Consumption
5.4 Less Than 11 V Historic and Forecast Sales by Regions
5.5 12V - 24V Historic and Forecast Sales by Regions
5.6 25V - 48V Historic and Forecast Sales by Regions
5.7 More Than 48V Historic and Forecast Sales by Regions
6 . GLOBAL AUTOMOTIVE MICRO MOTOR MARKET ANALYSIS BY MOTOR TYPE
6.1 Overview by Motor Type
6.2 Historical and Forecast Data
6.3 Analysis by Motor Type
6.4 DC Motor Historic and Forecast Sales by Regio ...
Frequently Asked Questions (FAQs) about this Report
In 2022, the global market size for Automotive Micro Motor was worth USD 35.14 Billion.
Between 2023 and 2030, the Worldwide Automotive Micro Motor Market growth is projected to be nearly 5.79%.
Asia Pacific accounts for the largest market share of the Global Automotive Micro Motor Market.
The Global Automotive Micro Motor Market is segmented by Power Consumption (Less Than 11 V, 12V - 24V, 25V - 48V, More Than 48V), by Motor Type (DC Motor, AC Motor), by Technology Type (Brushed Micromotor, Brushless Micromotor).
The leading players in the Global Automotive Micro Motor Market are Nidec Corporation, Johnson Electric Holdings Limited, Mitsuba Corporation, Buehler Motor Inc., Constar Motor.