Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Global Automotive Electric Motors Market Research
Automotive Electric Motors Market 2018
Automotive Electric Motors Market Share, Size, Trends, And Business Opportunity Analysis
Report 2018 include historic data, with forecast data to 2023 Automotive Electric Motors
Market report is helpful for future strategy development, and to know about Market Drivers,
Restraints, Opportunities, And Global market key players forecast to 2023
Global Automotive electric motors market Information Report by installation position (Body
motors, Chassis motors, Powertrain motors), By function (Small sized automotive electric
motors, Automotive starters, Alternators and Others) and By Region - Forecast to 2023
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Market Scenario:
Automotive Electric motors are devices embedded in the automotive which works on the
electro-magnetic induction principle by ensuring conversion of electrical energy into
mechanical energy.
The Automotive electric motors market is majorly driven by the increasing adoption of electric
vehicles across the globe. The electric motors embedded in the automotive facilitate certain
benefits to automotive which include longer operating life, low maintenance for the fluctuating
voltages and the low consumption of energy. The electric motors are capable of being
integrated with controls and gearing which make it more suitable for use in automotive.
The Automotive electric motors market is expected to grow over the CAGR of around 8%
during the period 2017 to 2023.
The Key Players of Automotive Electric Motors Market Are:
Robert 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), Taizhou
ValeoWenling Automotive Systems Co., Ltd. (China) and others.
Regional Analysis:
Asia-Pacific is expected to dominate the automotive electric motors market owing to the boom
in the manufacturing industries including the automotive manufacturers in the region. The
constant up gradation of automobile manufacturing sector and the increasing emphasis of