Global Automotive Motors Market Research Report, 2030

The Global Automotive Motors Model Market is segmented into By Motor Type (Brushed DC Motor, Brushless DC Motor, Stepper Motor, Traction Motor); By Vehicle Type (Electric Vehicle [BEV, PHEV], Non-electric Vehicle [Passenger, LCV, HCV]); By Application (HVAC, Engine, Safety and Security, Others); By Sales Channel (OEM, Aftermarket).

Global automotive motor market was valued over USD 38.60 billion in 2024, growing at 5.97% CAGR amid rising demand for EVs and automation.

Automotive Motors Market Analysis

The automotive industry has witnessed an increase in the use of motors due to their various applications, contributing to the growth of the automotive motor market. Automotive motors are critical components used across various systems in a vehicle, including power steering, engine cooling, HVAC systems, and electric propulsion. As automakers shift toward electrification and enhanced vehicle automation, the demand for efficient, compact, and high-performance motors has surged. Additionally, the growing demand for luxury vehicles to present growth and the advancement in technology, particularly in artificial intelligence and machine learning, has led to the development of autonomous vehicles, contributing to the growth of the automotive motor market. Luxury vehicle manufacturers are focusing on the research and development of electric vehicles to meet the growing demand for sustainable and eco-friendly transportation due to environmental concerns. Continuous advancements in motor design and manufacturing processes by automotive manufacturers have resulted in the development of more efficient, compact, and powerful motors. This not only improves vehicle performance but also offers an opportunity to incorporate new applications within automobiles. For instance, current vehicle manufacturers are increasingly incorporating advanced driver assistance systems (ADAS) in their vehicles. This is expected to fuel demand growth for steering-controlling functional motors used in these autonomous systems. Moreover, international policies promoting carbon neutrality and the gradual phasing out of internal combustion engine vehicles are accelerating the transition to electric mobility, further boosting the demand for advanced automotive motors. As the industry continues to evolve, collaboration between motor manufacturers, automakers, and technology providers will be essential in navigating regulatory complexities and leveraging innovation to meet the growing global demand. According to the research report, "Global Automotive Motor Market Research Report, 2030," published by Actual Market Research, the Global Automotive Motor market was valued at more than USD 38.60 Billion in 2024, with the CAGR of 5.97% from 2025-2030. The growing complexity of vehicles and consumer demand for comfort and automation features has caused a notable increase in the number of electric motors used per vehicle sometimes exceeding 30 motors in premium models. This surge in demand for smaller, high-efficiency motors across various subsystems has significantly bolstered the overall automotive motor market. Motor manufacturers are focusing on innovations to meet the evolving needs of both EVs and advanced ICE vehicles. Developments include the rise of brushless DC motors (BLDC), which are more efficient, quieter, and longer-lasting compared to brush motors. Furthermore, efforts to reduce the use of rare-earth elements which are costly and geopolitically sensitive have led to the development of rare-earth-free motor alternatives such as switched reluctance motors (SRMs). In addition, the integration of smart sensors and controllers with electric motors is enabling predictive maintenance, adaptive performance, and real-time monitoring, aligning with the broader trends of automotive digitalization and Industry 4.0.

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Market Dynamic

Market DriversElectrification of Vehicles (EV Adoption): One of the primary drivers of growth in the global automotive motor market is the rapid adoption of electric vehicles (EVs). Electric motors are integral components of EVs, replacing internal combustion engines with cleaner and more efficient alternatives. The push for sustainability, government incentives, and stricter emission regulations worldwide has fueled investment in EV production and infrastructure. As automakers shift towards all-electric lineups, the demand for efficient, lightweight, and high-performance electric motors has surged, directly expanding the automotive motor market. • Advancements in Automotive Technology: Technological innovations, especially in areas like power electronics, battery systems, and motor control algorithms, are driving demand for advanced automotive motors. Features such as regenerative braking, torque vectoring, and drive-by-wire systems rely heavily on precise and responsive motors. Moreover, the increasing integration of mechatronics and smart systems within vehicles necessitates motors that are not only efficient but also adaptable and intelligent, spurring further growth in this market. Market ChallengesSupply Chain Disruptions and Raw Material Shortages: The global automotive industry continues to face significant supply chain disruptions, especially in sourcing rare earth elements and semiconductors essential for electric motors. Geopolitical tensions, pandemic aftereffects, and logistical constraints have impacted production timelines and increased costs. Motor manufacturers are especially vulnerable because key materials like neodymium and dysprosium used in permanent magnets are heavily concentrated in specific countries, limiting diversification and supply security. • High Initial Investment and Cost Pressures: Developing and manufacturing advanced automotive motors, especially for EVs and hybrid vehicles, requires substantial capital investment in R&D, tooling, and production facilities. For many OEMs and suppliers, balancing cost-effectiveness with innovation remains a challenge. The pressure to keep vehicle prices competitive while meeting regulatory standards and consumer expectations puts a financial strain on both established manufacturers and startups, potentially slowing market penetration in emerging economies. Market TrendsShift Towards Integrated and Modular Motor Systems: A growing trend in the industry is the development of integrated motor drive units that combine the motor, inverter, and transmission into a single module. This modular approach reduces weight, simplifies vehicle architecture, and enhances efficiency and performance. OEMs are adopting this strategy to streamline production and reduce cost while delivering compact, scalable solutions adaptable across various vehicle models. • Growth of Autonomous and Connected Vehicles: As the automotive industry evolves towards autonomous driving and connected vehicle ecosystems, the role of electric motors extends beyond propulsion. Motors are increasingly used in advanced driver-assistance systems (ADAS), active suspension, automated steering, and infotainment systems. This broad application of motors within smart vehicles is driving innovation and expanding the motor market beyond traditional drivetrain roles, aligning it closely with the future of mobility.

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Automotive Motors Segmentation

GeographyNorth AmericaUnited States
Canada
Mexico
EuropeGermany
United Kingdom
France
Italy
Spain
Russia
Asia-PacificChina
Japan
India
Australia
South Korea
South AmericaBrazil
Argentina
Colombia
MEAUnited Arab Emirates
Saudi Arabia
South Africa

Brushless DC motors are the fastest in the global automotive motor industry because they offer superior efficiency, high power density, and precise electronic control without the mechanical limitations and wear of brushes. Brushless DC (BLDC) motors have become the preferred choice in the automotive industry due to their unique combination of efficiency, durability, and performance, making them faster and more reliable than traditional brushed motors or other electric motor types. The core advantage lies in their design, which eliminates brushes and commutators, components that generate friction and wear in conventional motors. By replacing mechanical commutation with electronic commutation, BLDC motors significantly reduce energy losses and mechanical wear, leading to higher reliability and a longer lifespan. This electronic control enables precise manipulation of the motor’s speed and torque, allowing for rapid acceleration and consistent performance across a wide range of operating conditions. In automotive applications, such responsiveness translates to faster vehicle startup, smoother speed transitions, and enhanced overall driving dynamics. Additionally, BLDC motors possess a high power-to-weight ratio due to their compact design and efficient cooling capabilities, which contributes to their faster operation and suitability for the confined spaces typical in automotive environments. Their improved thermal management helps maintain performance even under continuous heavy loads, which is essential for electric vehicles (EVs) and hybrid systems that demand high power output and consistent efficiency. Furthermore, the ability of BLDC motors to operate at higher speeds without commutation limitations means they can achieve greater RPMs compared to brushed motors, directly influencing the top speeds and acceleration potential of electric drivetrains. This aspect is critical for automotive manufacturers striving to maximize performance while minimizing energy consumption and emissions. Electric vehicles (EVs) are the fastest in the global automotive motor industry because they deliver instant torque and superior powertrain efficiency, enabling rapid acceleration and high performance that internal combustion engine (ICE) vehicles cannot match. Electric vehicles have surged to the forefront of the automotive industry as the fastest and most responsive vehicles due to their fundamentally different power delivery system compared to traditional internal combustion engines. One of the key reasons EVs excel in speed and acceleration is their ability to provide maximum torque immediately from a standstill. Unlike gasoline or diesel engines, which require a buildup of RPMs to reach peak torque, electric motors can generate full torque instantaneously as soon as the driver presses the accelerator. This translates into rapid acceleration times and a smooth, powerful driving experience that feels more responsive and dynamic. Additionally, electric vehicles benefit from highly efficient powertrains with fewer moving parts, reducing energy losses commonly found in combustion engines through friction, heat, and complex mechanical transmissions. This efficiency allows more of the battery’s stored energy to be converted directly into motion, improving overall performance. EVs also typically employ single-speed transmissions or simplified multi-speed gearboxes, which eliminates the time delays and power interruptions caused by gear shifting in conventional vehicles. This seamless power delivery further enhances the sensation of speed and agility. Moreover, the integration of advanced battery technologies and sophisticated electronic control systems optimizes power output and energy management, allowing electric vehicles to sustain high speeds and acceleration over longer periods without performance degradation. The modular nature of electric motors also enables innovative drivetrain configurations such as all-wheel drive with multiple motors, enhancing traction and acceleration by distributing power precisely to each wheel. This multi-motor setup not only improves speed but also vehicle handling and stability, essential for high-performance driving. Safety and security applications are the fastest growing segment in the global automotive motor industry because they rapidly integrate advanced sensor, motor, and control technologies to enhance vehicle protection, accident prevention. Safety and security applications in the automotive motor industry are expanding at an unprecedented pace due to the urgent global demand for enhanced vehicle protection, accident reduction, and improved passenger safety. Modern vehicles are increasingly equipped with a wide range of motors and actuators that drive critical safety functions, such as advanced driver-assistance systems (ADAS), automatic emergency braking, electronic stability control, and adaptive cruise control. These systems rely heavily on fast-responding electric motors to execute precise mechanical movements, such as steering adjustments, brake modulation, and throttle control, in fractions of a second. The integration of high-speed, reliable motors enables real-time response to potential hazards detected by sensors and cameras, allowing vehicles to actively prevent collisions or mitigate their impact. As governments worldwide enforce stricter safety regulations and consumers demand smarter, safer vehicles, automakers and suppliers prioritize the development and deployment of these motor-driven safety systems. Additionally, electric motors used in safety features like airbags, seatbelt pretensioners, and anti-lock braking systems (ABS) must perform flawlessly and instantly, ensuring that protection mechanisms engage exactly when needed. The growth of autonomous and semi-autonomous vehicles further accelerates this trend, as these vehicles depend entirely on electric motors and sophisticated control algorithms to navigate, avoid obstacles, and maintain safe operation without human intervention. The complexity and critical nature of safety and security functions drive rapid innovation and fast adoption of the latest motor technologies, including brushless DC motors, stepper motors, and servomotors, which offer high precision, reliability, and longevity under demanding conditions. Moreover, advancements in sensor fusion and artificial intelligence enhance the decision-making speed of safety systems, which in turn relies on motors capable of responding with minimal delay to keep passengers safe. The aftermarket sales channel is the fastest growing in the global automotive motor industry because it caters to the vast and diverse demand for vehicle maintenance, repair, upgrades, and customization beyond the original sale, driving continuous motor component replacement and innovation. The aftermarket sales channel in the automotive motor industry has rapidly expanded due to the ever-growing need for vehicle maintenance, repair, and enhancement long after the initial purchase of a vehicle. Unlike the original equipment manufacturer (OEM) segment, which primarily focuses on motors and components installed during vehicle production, the aftermarket addresses a much broader and ongoing market driven by vehicle aging, wear and tear, and consumer desire for performance improvements or customization. As the global vehicle population grows and ages, the demand for replacement motors—whether for electric window regulators, windshield wipers, cooling fans, fuel pumps, or advanced motorized safety components—increases significantly. This constant need for reliable, affordable, and readily available motor parts fuels the aftermarket’s rapid growth. Moreover, the diversity of vehicles on the road, spanning multiple brands, models, and generations, creates a large market for compatible aftermarket motors that can fit a wide variety of applications, often at competitive prices. Consumers and fleet operators frequently turn to the aftermarket for faster service, cost-effective repairs, and access to the latest motor technologies, especially in regions where OEM parts are expensive or difficult to source. In addition, the aftermarket supports the growing trend of vehicle customization and performance upgrades, where enthusiasts and professional modifiers seek specialized motors with enhanced specifications, such as higher torque or speed, to improve vehicle dynamics or introduce new features. The rise of electric vehicles has also stimulated aftermarket demand for advanced electric motors and related components, as owners require battery system replacements, motor rebuilds, or upgrades to extend vehicle life and capabilities.

Automotive Motors Market Regional Insights

The Asia-Pacific region is experiencing growth in the global automotive motor industry primarily due to its expanding manufacturing capabilities, rising middle-class population, and increasing demand for electric and fuel-efficient vehicles. The Asia-Pacific region's remarkable growth in the global automotive motor industry is driven by a combination of economic, demographic, and industrial factors that position it as a powerhouse in automotive production and consumption. One of the central drivers of this growth is the region's robust manufacturing infrastructure, especially in countries like China, India, Japan, and South Korea. These countries not only have well-established automotive supply chains but also offer cost-effective labor and favorable government policies, making them attractive destinations for global automotive manufacturers. In particular, China has become the world’s largest automotive market and a key player in electric vehicle (EV) production, supported by aggressive governmental incentives and massive investment in EV technology and charging infrastructure. Furthermore, India is emerging rapidly due to its large, skilled workforce and rising investment in automotive R&D and production. Another critical factor is the rising middle-class population across Asia-Pacific, which is leading to increased vehicle ownership as disposable incomes grow. As urbanization spreads and infrastructure improves, more consumers are looking to purchase personal vehicles, creating a strong demand for both conventional and electric motors. This growing consumer base fuels innovation and localization of motor technology, further strengthening regional industry capabilities. The global push toward energy efficiency and reduced emissions has also accelerated demand for fuel-efficient and electric vehicles, areas in which Asia-Pacific companies are becoming increasingly competitive. Automakers in the region are investing heavily in research and development of next-generation motors that are lighter, more efficient, and more environmentally friendly.

Key Development

• In June 2024, Nidec Corporation announced the development of a new air suspension motor by Nidec Motor (Dalian) Limited, the company’s Chinese branch. The new motor is claimed to feature a compact design, high power, long lifetime, and quick start & response time. • In August 2023, MAHLE announced the development of a “perfect motor” by leveraging the strengths of superior continuous torque (SCT) and magnet-free contactless transmitter (MCT) electric motors. The new system is expected to deliver continuous high peak power, contactless power transmission, and other combined benefits. The solution was showcased at the IAA Mobility event held in Munich in September 2023 and is expected to advance market expansion. • November 2022: Continental AG recently inaugurated a new state-of-the-art campus for its Technical Center in Bengaluru, India. The facility can accommodate over 6,500 employees and will consolidate the rapidly growing engineering competencies and teams in India, catering to automotive research and development (R&D) requirements for local and global markets 3.

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Companies Mentioned

  • Toshiba Corporation
  • Mitsubishi Electric Corporation
  • Siemens AG
  • Valeo Sa
  • Triveni Engineering & Industries Limited
  • AMETEK, Inc.
  • Mahle GmbH
  • Zeppelin-Stiftung
  • Regal Beloit Corporation
  • Maxon Motor AG

Table of Contents

  • 1. Executive Summary
  • 2. Market Dynamics
  • 2.1. Market Drivers & Opportunities
  • 2.2. Market Restraints & Challenges
  • 2.3. Market Trends
  • 2.3.1. XXXX
  • 2.3.2. XXXX
  • 2.3.3. XXXX
  • 2.3.4. XXXX
  • 2.3.5. XXXX
  • 2.4. Supply chain Analysis
  • 2.5. Policy & Regulatory Framework
  • 2.6. Industry Experts Views
  • 3. Research Methodology
  • 3.1. Secondary Research
  • 3.2. Primary Data Collection
  • 3.3. Market Formation & Validation
  • 3.4. Report Writing, Quality Check & Delivery
  • 4. Market Structure
  • 4.1. Market Considerate
  • 4.2. Assumptions
  • 4.3. Limitations
  • 4.4. Abbreviations
  • 4.5. Sources
  • 4.6. Definitions
  • 5. Economic /Demographic Snapshot
  • 6. Global Automotive Motors Market Outlook
  • 6.1. Market Size By Value
  • 6.2. Market Share By Region
  • 6.3. Market Size and Forecast, By Geography
  • 6.4. Market Size and Forecast, By Motor Type
  • 6.5. Market Size and Forecast, By Vehicle Type
  • 6.5.1. Market Size and Forecast, Electric Vehicle
  • 6.5.2. Market Size and Forecast, Non-electric Vehicle
  • 6.6. Market Size and Forecast, By Application
  • 6.7. Market Size and Forecast, By Sales Channel
  • 7. North America Automotive Motors Market Outlook
  • 7.1. Market Size By Value
  • 7.2. Market Share By Country
  • 7.3. Market Size and Forecast, By Motor Type
  • 7.4. Market Size and Forecast, By Vehicle Type
  • 7.5. Market Size and Forecast, By Application
  • 7.6. Market Size and Forecast, By Sales Channel
  • 8. Europe Automotive Motors Market Outlook
  • 8.1. Market Size By Value
  • 8.2. Market Share By Country
  • 8.3. Market Size and Forecast, By Motor Type
  • 8.4. Market Size and Forecast, By Vehicle Type
  • 8.5. Market Size and Forecast, By Application
  • 8.6. Market Size and Forecast, By Sales Channel
  • 9. Asia-Pacific Automotive Motors Market Outlook
  • 9.1. Market Size By Value
  • 9.2. Market Share By Country
  • 9.3. Market Size and Forecast, By Motor Type
  • 9.4. Market Size and Forecast, By Vehicle Type
  • 9.5. Market Size and Forecast, By Application
  • 9.6. Market Size and Forecast, By Sales Channel
  • 10. South America Automotive Motors Market Outlook
  • 10.1. Market Size By Value
  • 10.2. Market Share By Country
  • 10.3. Market Size and Forecast, By Motor Type
  • 10.4. Market Size and Forecast, By Vehicle Type
  • 10.5. Market Size and Forecast, By Application
  • 10.6. Market Size and Forecast, By Sales Channel
  • 11. Middle East & Africa Automotive Motors Market Outlook
  • 11.1. Market Size By Value
  • 11.2. Market Share By Country
  • 11.3. Market Size and Forecast, By Motor Type
  • 11.4. Market Size and Forecast, By Vehicle Type
  • 11.5. Market Size and Forecast, By Application
  • 11.6. Market Size and Forecast, By Sales Channel
  • 12. Competitive Landscape
  • 12.1. Competitive Dashboard
  • 12.2. Business Strategies Adopted by Key Players
  • 12.3. Key Players Market Share Insights and Analysis, 2024
  • 12.4. Key Players Market Positioning Matrix
  • 12.5. Porter's Five Forces
  • 12.6. Company Profile
  • 12.6.1. Siemens AG
  • 12.6.1.1. Company Snapshot
  • 12.6.1.2. Company Overview
  • 12.6.1.3. Financial Highlights
  • 12.6.1.4. Geographic Insights
  • 12.6.1.5. Business Segment & Performance
  • 12.6.1.6. Product Portfolio
  • 12.6.1.7. Key Executives
  • 12.6.1.8. Strategic Moves & Developments
  • 12.6.2. Toshiba Corporation
  • 12.6.3. AMETEK, Inc.
  • 12.6.4. Zeppelin-Stiftung
  • 12.6.5. Regal Beloit Corporation
  • 12.6.6. Maxon Motor AG
  • 12.6.7. Johnson Electric Holdings Limited
  • 12.6.8. Valeo S.A.
  • 12.6.9. Mitsubishi Electric Corporation
  • 12.6.10. MAHLE GmbH
  • 13. Strategic Recommendations
  • 14. Annexure
  • 14.1. FAQ`s
  • 14.2. Notes
  • 14.3. Related Reports
  • 15. Disclaimer

Table 1: Global Automotive Motors Market Snapshot, By Segmentation (2024 & 2030) (in USD Billion)
Table 2: Influencing Factors for Automotive Motors Market, 2024
Table 3: Top 10 Counties Economic Snapshot 2022
Table 4: Economic Snapshot of Other Prominent Countries 2022
Table 5: Average Exchange Rates for Converting Foreign Currencies into U.S. Dollars
Table 6: Global Automotive Motors Market Size and Forecast, By Geography (2019 to 2030F) (In USD Billion)
Table 7: Global Automotive Motors Market Size and Forecast, By Motor Type (2019 to 2030F) (In USD Billion)
Table 8: Global Automotive Motors Market Size and Forecast, By Vehicle Type (2019 to 2030F) (In USD Billion)
Table 9: Global Automotive Motors Market Size and Forecast, Electric Vehicle (2019 to 2030F) (In USD Billion)
Table 10: Global Automotive Motors Market Size and Forecast, Non-electric Vehicle (2019 to 2030F) (In USD Billion)
Table 11: Global Automotive Motors Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 12: Global Automotive Motors Market Size and Forecast, By Sales Channel (2019 to 2030F) (In USD Billion)
Table 13: North America Automotive Motors Market Size and Forecast, By Motor Type (2019 to 2030F) (In USD Billion)
Table 14: North America Automotive Motors Market Size and Forecast, By Vehicle Type (2019 to 2030F) (In USD Billion)
Table 15: North America Automotive Motors Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 16: North America Automotive Motors Market Size and Forecast, By Sales Channel (2019 to 2030F) (In USD Billion)
Table 17: Europe Automotive Motors Market Size and Forecast, By Motor Type (2019 to 2030F) (In USD Billion)
Table 18: Europe Automotive Motors Market Size and Forecast, By Vehicle Type (2019 to 2030F) (In USD Billion)
Table 19: Europe Automotive Motors Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 20: Europe Automotive Motors Market Size and Forecast, By Sales Channel (2019 to 2030F) (In USD Billion)
Table 21: Asia-Pacific Automotive Motors Market Size and Forecast, By Motor Type (2019 to 2030F) (In USD Billion)
Table 22: Asia-Pacific Automotive Motors Market Size and Forecast, By Vehicle Type (2019 to 2030F) (In USD Billion)
Table 23: Asia-Pacific Automotive Motors Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 24: Asia-Pacific Automotive Motors Market Size and Forecast, By Sales Channel (2019 to 2030F) (In USD Billion)
Table 25: South America Automotive Motors Market Size and Forecast, By Motor Type (2019 to 2030F) (In USD Billion)
Table 26: South America Automotive Motors Market Size and Forecast, By Vehicle Type (2019 to 2030F) (In USD Billion)
Table 27: South America Automotive Motors Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 28: South America Automotive Motors Market Size and Forecast, By Sales Channel (2019 to 2030F) (In USD Billion)
Table 29: Middle East & Africa Automotive Motors Market Size and Forecast, By Motor Type (2019 to 2030F) (In USD Billion)
Table 30: Middle East & Africa Automotive Motors Market Size and Forecast, By Vehicle Type (2019 to 2030F) (In USD Billion)
Table 31: Middle East & Africa Automotive Motors Market Size and Forecast, By Application (2019 to 2030F) (In USD Billion)
Table 32: Middle East & Africa Automotive Motors Market Size and Forecast, By Sales Channel (2019 to 2030F) (In USD Billion)
Table 33: Competitive Dashboard of top 5 players, 2024
Table 34: Key Players Market Share Insights and Anaylysis for Automotive Motors Market 2024

Figure 1: Global Automotive Motors Market Size (USD Billion) By Region, 2024 & 2030
Figure 2: Market attractiveness Index, By Region 2030
Figure 3: Market attractiveness Index, By Segment 2030
Figure 4: Global Automotive Motors Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 5: Global Automotive Motors Market Share By Region (2024)
Figure 6: North America Automotive Motors Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 7: North America Automotive Motors Market Share By Country (2024)
Figure 8: Europe Automotive Motors Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 9: Europe Automotive Motors Market Share By Country (2024)
Figure 10: Asia-Pacific Automotive Motors Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 11: Asia-Pacific Automotive Motors Market Share By Country (2024)
Figure 12: South America Automotive Motors Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 13: South America Automotive Motors Market Share By Country (2024)
Figure 14: Middle East & Africa Automotive Motors Market Size By Value (2019, 2024 & 2030F) (in USD Billion)
Figure 15: Middle East & Africa Automotive Motors Market Share By Country (2024)
Figure 16: Porter's Five Forces of Global Automotive Motors Market

Automotive Motors Market Research FAQs

The global market is driven by the surge in electric vehicle (EV) adoption, demand for vehicle automation and comfort features, and strict emission regulations.

EVs require multiple high-performance motors for propulsion, HVAC, steering, and auxiliary systems, significantly boosting global demand.

Innovations in lightweight materials, compact motor design, and integration with AI and autonomous driving systems are shaping the next generation of automotive motors.

They are crucial in pushing automakers toward electrification and hybridization, directly increasing the demand for efficient electric motors.

Growth in electric buses, delivery vans, and fleet electrification increases the demand for high-power and durable motors globally.
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Global Automotive Motors Market Research Report, 2030

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