Due to benefits like longer operating life, the Global Automotive Electric Motors Market expected to rise with 8% CAGR between 2021 and 2023

Automotive Electric motors 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 automotive electric motors 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.

Get a FREE Report Sample –  https://www.marketresearchfuture.com/sample_request/2917

The global automotive electric motors 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 automotive electric motors, 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 automotive electric motors 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 automotive electric motors 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.

Key Players

The key players in the global automotive electric motors 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).

Latest Industry News

• British automaker Aston Martin has unveiled a prototype of a Rapide converted with an all-electric drivetrain, the Rapide E. The key highlights of the new prototype are an 800V battery electrical architecture with 65kWh installed capacity using over 5600 lithium ion 18650 format cylindrical cells. 12 SEP 2018
• Dethleffs has introduced an innovative new camper concept built for electric cars. This built has its own battery pack, electric motors, and solar panels that reduce the load on the vehicle towing it. 27 AUG 2018

Get a FREE Report Sample –  https://www.marketresearchfuture.com/sample_request/2917

Key Questions Addressed by the Report

• What was the historic market size?
• Which segmentation (Product/ Capacity) is driving market?
• What will be the growth rate?
• How are the key players in this market?
• What are the strategies adopted by key players?

TABLE OF CONTENTS

1 EXECUTIVE SUMMARY

2 SCOPE OF THE REPORT

2.1 MARKET DEFINITION

2.2 SCOPE OF THE STUDY

2.2.1 DEFINITION

2.2.2 RESEARCH OBJECTIVE

2.2.3 ASSUMPTIONS

2.2.4 LIMITATIONS

2.3 RESEARCH PROCESS

2.3.1 PRIMARY RESEARCH

2.3.2 SECONDARY RESEARCH

2.4 MARKET SIZE ESTIMATION

2.5 FORECAST MODEL

3 MARKET LANDSCAPE

3.1.1 THREAT OF NEW ENTRANTS

3.1.2 BARGAINING POWER OF BUYERS

3.1.3 THREAT OF SUBSTITUTES

3.1.4 SEGMENT RIVALRY

3.1.5 BARGAINING POWER OF BUYERS

3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS

4 MARKET DYNAMICS

4.1 INTRODUCTION

4.2 MARKET DRIVERS

4.3 MARKET RESTRAINTS

4.4 MARKET OPPORTUNITIES

4.5 MARKET TRENDS

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com

Browse Complete Report – https://www.marketresearchfuture.com/reports/automotive-electric-motors-market-2917

Tags:  Automotive Electric Motors Market Forecast,  Global Automotive Electric Motors Market,  Automotive Electric Motors Market Trend,  Automotive Electric Motors Market Research Report,  Automotive Electric Motors Market Research,  Automotive Electric Motors Market Analysis, Automotive Electric Motors Market Size, Automotive Electric Motors Industry, Automotive Electric Motors Market, Automotive Electric Motors See Campaign: https://www.marketresearchfuture.com/reports/automotive-electric-motors-market-2917
Contact Information:
+1 646 845 9312

Tags:
, Reportedtimes, iCN Internal Distribution, Research Newswire, English