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Electric Motors for Automotive Market 2019
Electric Motors for Automotive Market 2019 is latest research report by
MarketResearchFuture, the global Electric Motors for Automotive market is expected to
Register High Growth Rate during 2019 To 2023. Report analyzes Electric Motors for
Automotive Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast
to 2023. Electric Motors for Automotive Market Information is segmented by installation
position (Body motors, Chassis motors, Powertrain motors), By function (Small sized Electric
Motors for Automotive, Automotive starters, Alternators and Others) and By Region - Forecast
to 2023
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The Key Players In The Global Electric Motors for Automotive 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).
Market Scenario:
Electric Motors for Automotive 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 Electric Motors for Automotive 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.
Segmentation:
The global Electric Motors for Automotive 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 Electric Motors for