Title: Global Automotive Micro Motor Market Outlook Through 2023-2032
1Automotive Micro Motor Global Market Report 2023
Market Size, Trends and Global Forecast 2023-2032
2Automotive Micro Motor Market Segments
The Business Research Company segments its
automotive micro motor market report as
AC Micro Motor, DC Micro Motor
By Type
48V, 25V-48V, 12V-24V, Less than 11V
By Consumption
Brushed, Brushless
By Technology
By Application
Passenger Vehicle, Commercial Vehicle
3Automotive Micro Motor Market Statistics
The global automotive micro motor market size
grew from 2.74 billion in 2022 to 2.9 billion
in 2023 at a compound annual growth rate (CAGR)
of 5.7. The automotive micro motor market size
is expected to grow to 3.57 billion in 2027 at a
CAGR of 5.3.
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4Key Market Drivers And Trends
Drivers
The increasing demand for luxury cars is expected
to propel the growth of the automotive micro
motor market.
Trends
Strategic collaborations between companies are a
key trend gaining popularity in the automotive
micro motor Market.
Region
Asia-Pacific was the largest region in the
automotive micro motor market in 2022. The
regions covered in the automotive micro motor
market report are Asia-Pacific, Western Europe,
Eastern Europe, North America, South America, the
Middle East, and Africa.
5Key Market Players
- Major players in the automotive micro motor
market are - ABB
- Buhler Motor Gmbh
- Constart Micro Motor
- Johnson Electric
- Nidec Corporation
- And more.
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