AUTOMOTIVE MOTORS MARKET ANALYSIS

Automotive Motor Market By Product Type (Direct Current Brushed Motors, Direct Current Brushless Motors, and Stepper Motors), By Application (Performance Motors, Comfort Motors, and Safety Motors), By Vehicle Type (Passenger Cars, Two/Three Wheelers, and Commercial Vehicles (Light Commercial Vehicles and Heavy Commercial vehicles)), By Electric Vehicle (Plug-in Hybrid Electric Vehicle, Hybrid Electric Vehicle, and Battery Electric Vehicle), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East& Africa)

Published In : Jun 2023
Code : CMI1093
Pages :160
Formats :
Excel and PDF
Industry : Automotive and Transportation

Regional Analysis

Global Automotive Motors Market- Regional Analysis Asia Pacific held a dominant position in the global automotive motors market in 2021, followed by the North America and Europe region.

Figure 1. Global Automotive Motor Market Share (%), By Region, 2021

Asia Pacific held a dominant position in the global automotive motors market in 2021, owing to increasing demand for vehicles in emerging economies such as India and China.

Asia Pacific region has registered strong growth in the automotive sales in the past decade. China, Japan, South Korea, India are among the top automotive manufacturing countries in the world with China as the leading country. Geographies covered:

North America: U.S. and Canada
Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
Europe: Germany, U.K., France, Italy, Russia, and Rest of Europe
Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
Middle East & Africa: GCC Countries, South Africa, and Rest of Middle East & Africa