Global Automotive Electric Motor Market (Small Motor, Starter, Generator and NEV Motor) Industry Report, 2018-2023
PUNE, India, September 25, 2018 /PRNewswire/ --
ReportsnReports adds Global and China Automotive Electric Motor (Small Motor, Starter, Generator and NEV Motor) Industry Report, 2018-2023 to its online database. Global automobile output reached 97.30 million units in 2017, a 2.4% rise from a year ago, and is expected to sustain a growth rate of around 2.0% over the next five years. As the world's biggest producer of automobiles, China made 29.02 million units in 2017, up 3.2% year on year and accounting for 29.8% of the global total.
With the evolution of the automobile industry and automotive technology, electric motor is replacing traditional mechanical system. Global automotive motor shipments approximated 3.99 billion units in 2017, representing a CAGR of 6.9% between 2013 and 2017. As automobile goes intelligent and NEV develops, the world's automotive motor shipments will maintain an average annual rate of 7.5% or so during 2018-2023.
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Major Foreign Enterprises:
- NIDEC
- Mabuchi Motor
- Mitsuba
- ASMO
- BorgWarner
- Valeo
- Denso
- BOSCH
- Mitsubishi Electric
Major Chinese Enterprises:
- Johnson Electric
- Zhejiang Founder Motor
- Shenzhen Greatland Electrics
- Zhejiang Dehong Automotive Electronic & Electrical
- Zhongshan Broad-Ocean Motor
- Jiangxi Special Electric Motor
- Yantai Zhenghai Magnetic Material
- UAES
- Ningbo Yunsheng Auto Electric
- Hitachi Automotive Systems (Changsha) Ltd.
- Others
Automotive motors are mainly distributed in body, engine and chassis. The most used car-body motors, including power seats, power windows/doors and electric rearview mirrors, are largely small motors.
Global car body motor shipments were 2.49 billion units in 2017, occupying 62.4% of total automotive motor shipments. Around 50% share of the world's small motor market was taken by ASMO and Mitsuba in 2017.
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About 90% share of the global automotive starter and generator market is seized by Valeo, Denso, Bosch and Remy. Denso, the world's largest producer of automotive starters and generators, serves Japanese carmakers and U.S. GM. Second only to Denso, Valeo provides services for customers chiefly in Europe and Mainland China.
As NEV develops, the drive motor market has been growing by leaps and bounds in recent years. Global NEV drive motor market was worth about $2.61 billion in 2017, an upsurge of 21.4% over the previous year, and is predicted to maintain a growth rate of over 20.0% during 2018-2023.
The Chinese NEV motor market was roughly RMB8.79 billion in 2017 with new energy passenger car motor installations seizing more than 60.0%.
BYD and BAIC BJEV have certain advantages, each sharing at least 10% of the country's total drive motor shipments.
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Global and China Automotive Electric Motor Market (Small Motor/ Starter and Generator/ NEV Motor) Industry Report, 2018-2023 focuses on the followings:
- Automobile output and sales in China and worldwide;
- Automotive motor market (overview, market size/structure, etc.);
- Automotive motor market segments (small motor, starter, generator, and NEV motor) (market size, competitive landscape, market structure, etc.);
- 9 foreign and 18 Chinese automotive motor producers (operation, automotive motor business, etc.)
Table of Contents:
1 Global and Chinese Automobile Market
2 Automotive Motor Market
3 Automotive Motor Market Segments
4 Major Foreign Enterprises
5 Major Chinese Enterprises
Browse Another Related Research Report:
2015-2023 World Automotive Electric Motors for Electric Vehicles Market Research Report by Product Type, End-User / Application and Regions / Countries: This report includes market status and forecast of global and major regions, with introduction of vendors, regions, product types and end industries; and this report counts product types and end industries in global and major regions.
Company Profiles discussed: Allied Motion Technologies, Ametek, ARC Systems, Baldor Electric, Bosch, Denso, Emerson Electric, Faulhaber Group, Johnson Electric Holding, Maxon Motor, Siemens, Toshiba.
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