Ozone Market Reports projects that the Automotive Motors market size will grow from USD 23.55 Billion in 2017 to USD 34.55 Billion by 2023, at an estimated CAGR of 6.66%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The automotive industry is currently under immense pressure to adapt to technological advances and changing end-user preferences. Presently, with continuous developments in technology, automobile manufacturers are focusing on manufacturing efficient automotive motors for various systems. The rising demand for safety features and convenience, along with the growing production volume of vehicles are the key factors that will drive the automotive motors market. The automotive motors market, by value, is projected to grow at a CAGR of 6.66% during the forecast period, to reach USD 34.55 Billion by 2023. The global automotive motors market is segmented by region, product type, application type, vehicle type, and electric vehicle type
By Market Players:
Siemens AG , Robert Bosch GmbH , Continental AG , Denso Corporation , Magna International , Mitsubishi Electric Corporation , Valeo S.A. , Mahle Group , Nidec Corporation , Borgwarner Inc. , Mitsuba Corporation , Johnson Electric Holdings Limited, , , , , , , , ,
By Product Type:
DC Brushed, BLDC Motors, Stepper, , ,
Performance Motors, Comfort Motors, Safety Motors, , ,
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Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region, by type, by application and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
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