Global Automotive Motors Market size was valued at US$ 28.12 Bn in 2022, exhibiting a compound annual growth rate (CAGR) of 6.6% from 2023 to 2030.
Global automotive motor market was valued at US$ 27.34 Billion in 2021 and is expected to reach US$ 47.08 Billion by 2030, exhibiting a CAGR of 6.6% between 2022 and 2030.
Figure 2. Global Automotive Motor Market Value (US$ Bn) Analysis and Forecast, 2021
Automotive Motors Market Report Snapshots
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