Automotive Motors Market

Automotive Motors Market by EV Motor Type (Brushless, Brushed, Traction, Induction, Stepper), ICE Motor Type, Vehicle Type (PC, LCV, HCV), Electric Vehicle Type, Application, Function (Performance, Safety, Comfort) and Region - Global Forecast to 2027

Report Code: AT 5448 Jun, 2022, by marketsandmarkets.com

[339 Pages Report] The global automotive motors market for ICE vehicles is projected to grow from USD 23.0 billion in 2022 to USD 28.7 billion by 2027, at a CAGR of 4.5%. Factors such as rising demand for low emission ICE vehicles, increasing consumer spending on safety and comfort features in automobiles and the growing trend of electrificantion of automobiles along with the growing demand for premium vehicles will lead to a growth in the automotive motors market. The global recovery from the pandemic and will also be a major factor leading to a stable growth in demand for these motors.

Automotive Motors Market

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Market Dynamics:

Driver: Rising demand for safety systems to boost automotive motors market

Automotive safety norms are evolving in developing countries due to legislation for active and passive safety systems, which mandate the installation of safety systems in passenger cars. This considerably increases the installation of safety systems such as ABS and ESC per vehicle and thus, increases the demand for electric motors. Safety features are enhanced by ABS, ESC, and brake assist motors platforms, which provide high power density and reliability for all vehicles, including hybrid and electric car braking systems. Advanced compact pedal adjuster motors are designed to provide the highest uniformity in the smallest package to enhance driver control and comfort. All these features are increasing the comfort and performance of a vehicle, subsequently driving the demand for automotive motors. Most active safety features in automobiles use automotive motors as part of their systems. ABS, ESC, and AEB use these motors directly or as part of their systems. The ECU works with engine motor systems in the vehicle for their use. The ABS system also uses motors for its operations as part of the setup. Autonomous emergency braking works with brake motors for their operations. Thus, the growing use of these motors in safety systems would drive the automotive motors market.

Restraint: Automobiles with advanced features (using more motors) to have more weight and cost compared to basic models

Due to stringent environmental norms and rising demand for vehicles with better fuel efficiency, automotive suppliers are looking at lighter components for weight reduction, which would help meet the demand for lower emissions and better mileage. Tier II suppliers are developing low-weight raw materials through technological advancements without compromising the structural strength of the components. However, due to stiff competition in pricing, motor manufacturers cannot pass on the benefit to their customers. The tier I suppliers and OEMs focus on improving vehicle efficiency and cost optimization of motors-related technologies. However, commercializing them in the mass market is one of the key restraints for the automotive motors market. Nowadays, automobiles with more advanced features have been growing in demand in the mid-priced and luxury segments. They have better features than a decade back and use more automotive motors than base car models.

Opportunity: Growing demand for luxury vehicles to present growth opportunity

Several economies around the world have recovered from the 2008 recession. Higher growth rates have been observed in developing countries such as China and India. The standard of living has also improved in developing countries, with a considerable rise in spending power. German auto brands such as Mercedes-Benz, BMW, and Audi dominate the global luxury car market. The change in consumer preferences has increased the demand for better products, which has positively affected the sales of premium cars across the globe. The automotive division of BMW recorded growth in 2019, despite the slowdown in the global automotive market. The division registered a growth of 6.8% in 2019 due to increasing deliveries in the luxury car segment. Its subsidiary, Rolls Royce, sold 5,100 units, an increase of 21.6%, compared to 4,194 units a year earlier, while the production volume increased by 25.3%. Similarly, the group sold more BMW branded vehicles in 2019 than in 2018. In 2020 and 2021, there was a decline in the luxury segment due to an overall reduction in vehicle sales due to the pandemic. In 2021, the sales of the BMW Group grew by 8.4% compared to 2020. Meanwhile, the sales of Mercedes Benz fell by around 5% in 2021 compared to 2020. On the other hand, Audi decreased sales by just 0.7% compared to 2020. However, they are expected to grow at a fast rate in the coming years. Features like safety innovations are first introduced in the luxury and premium car segments, and this rise in sales would act as a driver for the automotive motors market.

Challenge: Fluctuating prices of raw materials to pose challenge to market

The raw materials used in manufacturing motors include steel bars and copper wires. Motor manufacturers and suppliers are concerned about access to materials and price volatility. Fluctuations in the cost of raw materials are restraining the growth of the global automotive motors market. Also, manufacturers have long-term supply contracts that prevent them from taking the cost advantage of decreasing materials prices. In such cases, if the price of the commodity or the material falls, the manufacturers do not have the upper hand and lose the cost advantage. Raw material prices had hit the automotive motor market severely due to an increase in prices of copper by around 38%, plastic by around 35%, and stainless steel by around 45% in 2020 compared to 2019. Thus, since 2021, the prices of automotive motors have risen by around 8-10% by applicability. The Ukraine-Russia war further led to an increase in the cost of raw materials, which is expected to negatively impact the market and the overall automotive industry. The copper market grew much faster than aluminum, tin, lead, nickel, and zinc in 2021, with around 12% growth before the impact of the Ukraine-Russia war. The market was further impacted by the onset of the war, along with global supply chain disruptions in some parts of the world.

Passenger cars to be the largest market by vehicle type during the forecast period

Owing to rapid globalization and the economic growth of emerging countries such as Brazil and India, the standard of living of consumers has improved in the recent decade. The increase in disposable income of consumers has pushed the demand for passenger cars, which, in turn, has driven the growth of the automotive motors market. The adoption of fuel-efficient vehicles has driven the demand for advanced motor technologies. This has also led to a growing demand for comfort motors in automobiles and strengthened the market. The increased demand for safety systems in emerging markets can be attributed to improving road safety standards, supporting legislation, and consumer awareness. Additionally, several countries in Europe, North America, and Asia Pacific have introduced regulations that mandate the incorporation of various types of safety features in the passenger cars segment. Thus, the mandates contribute to the demand for safety motors in upcoming passenger cars.

Motors for Power Antenna will be the fastest-growing segment by application during the forecast period

An antenna is used for radio function in cars. They can be operated manually or electrically (power antenna). Power antennas retract and raise electrically with a single touch button or automatically after turning on the car or radio. This retraction and raising function is done with the help of a motor installed in its assembly. The power antenna assembly includes a DC motor, antenna, gear assembly, housing, electric components or connections, and a round coil. However, most of the OEMs have stopped providing antennas in modern cars, as there are not required anymore for the radio function. With the growing trend of developing smart and connected systems in automobiles for both comfort and safety provisions, the demand for power antenna motors will increase rapidly in the coming years.

Asia Pacific is expected to be the fastest-growing market in the forecast period.

In recent years, the automotive industry has witnessed higher growth in terms of vehicle production in Asia Pacific than in the matured markets of Europe and North America. Asia Pacific has emerged as a hub for automotive production, given the nascent stage of the market, state-promoted support, and cost advantages for OEMs. Low automobile market penetration and increased vehicle production in this region offer attractive market opportunities to automobile manufacturers and automotive components and equipment suppliers. This is mainly attributed to the production expansions made by automobile manufacturers to cope with rising demand as well as to comply with the fuel-efficiency norms and regulations. The growth in the market is also attributed to the growing focus of international and domestic players in the Asia Pacific market. The low production cost of automotive motors in the region is also a major reason for the rise in the growth rate.

Implementing new technologies, setting up more manufacturing plants, and creating a value-added supply chain between the manufacturers and material providers have created a vast opportunity for the growth of the automotive motors market in the region. Aisin Corporation (Japan), Denso (Japan), Johnson Electric (China), Mitsubishi Electric (Japan), Hitachi (Japan), and Mikuni Corporation (Japan) have a dominant presence in the region. The automotive industry in Asia Pacific is expected to see significant growth in the next few years. The market is expected to grow proportionally to the regional automotive market.

Automotive Motors Market by Region

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Key Market Players

The automotive motors market is dominated by established players such as Bosch (Germany), Denso (Japan), BorgWarner (US), ZF Group (Germany), and Continental AG (Germany). These companies adopted new product launches, undertook deals, and other strategies to gain traction in the market.

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Scope of the Report

Report Attributes

Details

Market size value in 2022:

 USD 23.0 Billion

Projected to reach 2027:

 USD 28.7 Billion

CAGR:

  4.5%

Base Year Considered:

 2021

Forecast Period:

 2022-2027

Largest Market:

 Asia Pacific

Region Covered:

North America, Europe, Asia Pacific and Rest of the World

Segments Covered:

Motor Type, EV Motor Type, Vehicle Type, Electric Vehicle Type, Function (ICE Vehicle), Function (Electric Vehicle), Application, and Region

Companies Covered:

Bosch (Germany), Denso (Japan), BorgWarner (US), ZF Group (Germany), Continental AG (Germany) among others. A total of 25 major company profiles were covered and provided.

This research report categorizes the automotive motors market based on Motor Type, EV Motor Type, Vehicle Type, Electric Vehicle Type, Function (ICE Vehicle), Function (Electric Vehicle), Application, and Region

Based on Motor Type:

  • Brushed Motors
  • Brushless Motors
  • Stepper Motors

Based on EV Motor Type:

  • Brushed Motors
  • Brushless Motors
  • Induction Motors
  • Traction Motors
  • Stepper Motors
  • Others

Based on Vehicle Type:

  • Passenger Car
  • Light Commercial Vehicle
  • Heavy Commercial Vehicle

Based on Electric Vehicle Type:

  • Hybrid Electric Vehicle (HEV)
  • Plug-In Hybrid Electric Vehicle (PHEV)
  • Battery Electric Vehicle (BEV)
  • Fuel Cell Electric Vehicle (FCEV)

Based on Function (ICE Vehicle):

  • Performance Motors
  • Comfort Motors
  • Safety Motors

Based on Function (Electric Vehicle):

  • Performance Motors
  • Comfort Motors
  • Safety Motors

Based on Application:

  • Electric Water Pump, Radiator Cooling Fan
  • Electronic Throttle Valve Control
  • Electronic Variable Gear Ratio Motor
  • Electric Variable Valve Timing
  • Electric Power Steering
  • Variable Nozzle Turbo
  • Adjustable Pedal
  • Front Wiper
  • Starter
  • EGR
  • Fuel Pump
  • Power Antenna
  • Air Conditioner
  • Door Mirror
  • Power Window
  • Tilt Steering Column
  • Blower
  • Power Seat
  • Electric Sunroof
  • Door Closer
  • Adaptive Front Light
  • Electronic Stability Control
  • ABS
  • Brake Assist
  • Electronic Parking Brake
  • Cruise Control

Based on the region:

  • Asia Pacific (APAC)
    • China
    • India
    • South Korea
    • Japan
    • Rest of Asia Pacific
  • North America (NA)
    • US
    • Canada
    • Mexico
  • Europe (EU)
    • France
    • Germany
    • Spain
    • Italy
    • UK
    • Rest of Europe
  • Rest of the World (RoW)
    • Brazil
    • South Afria
    • Others

Recent Developments

  • In May 2022, ZF Group announced its innovations such as modular and scalable silicon carbide (SiC) inverter architecture, hairpin electric motor, electric powertrain, and accessories (eWorX). ZF’s proprietary scalable and modular SiC inverter architecture allows customers maximum flexibility from 400V to 800V, based on the latest silicon carbide technologies. This ZF inverter architecture combines next-generation power semiconductors and highly intelligent software algorithms. It leverages ZF’s deep experience in electric drives to increase efficiency and performance and shorten development cycles. The modular ZF e-motor portfolio with a common electromagnetic design for the stator, an asynchronous motor (ASM), or permanent-magnet synchronous motor (PSM) design for the rotor ranges from power classes 75 kW to 400 kW and 400 V to 800 V architectures. At automotive quality, ZF e-motors offer superior power and torque density, efficiency, and reduced noise.
  • In April 2022, BluE Nexus, Aisin, and Denso announced that they have jointly developed e-Axles that will be adopted for the all-new Toyota mid-size electric SUV, bZ4X. The co-developed e-Axles include 3 types: a 150kW specification for FWD (installed at the front of the vehicle) and two 80kW specifications for (front and rear) for 4WD vehicles. The products optimize cooling performance, adopt heat management technology inside the e-axle, and improve power density to achieve excellent dynamic performance capable of outputting high torque for extended periods, according to the companies. Top-class power consumption has also been achieved through optimizing the magnetic design of the motor, joining technology to shorten coil ends, use of low-viscosity oil, and loss reduction technologies such as the new RC-IGBT. Moreover, the e-axle has been made significantly more compact, including a built-in structure that incorporates an inverter in the transaxle, a downsized motor, and a shorter shaft-to-shaft distance by adopting an output shaft.
  • In January 2022, Bosch (China division) announced its products at the 2022 Haikou International New Energy Vehicle & Connected Mobility Show (2022 Haikou NEV Show). These products include a dedicated battery system solution for medium and heavy-duty commercial vehicles, a compact e-axle that combines the motor, power electronics, and transmission in one system, and the power electronic controller INVCON3U. It also includes an onboard charging and distribution unit, a thermal management system for electric vehicles, a steel pushbelt used in CVT4EV (pushbelt CVT for electric vehicles), an intelligent cockpit domain controller, an occupant monitoring system, a steering-by-wire system, a column electrical power steering system (EPSc), and an innovative braking system. The product portfolio also includes an upgraded version of Bosch’s fifth-generation millimeter-wave radar, a third-generation multifunctional camera (in PV (passenger vehicle) and CV (commercial vehicle) versions), a CV version of Bosch’s fifth-generation millimeter-wave radar, and a test bench model for 150kW fuel cell stacks.
  • In September 2021, Continental AG announced that it is preparing the SOP for 800 V electric traction motor technology in China. The motor fits the overall EMR4 platform, which was introduced at the 13th Transmission Symposium in China. The stator and rotor are parts of the Chinese OEM’s electric vehicle powertrain platform. Continental AG manufactures this technology at its Tianjin site on a new line. The earlier development of the 8-layer hairpin stator was a global project. The SOP for the 800 V motor technology is scheduled for 2023. Its 8-layer hairpin design ensures an optimum copper fill factor which translates into more power from compact dimensions. It is also the first traction motor design for oil cooling.
  • In February 2021, BorgWarner launched the High Voltage Hairpin (HVH) electric motor, the HVH 320. Production of the HVH 320, which is equipped with 800-volt capabilities and available in 4 variants, is expected to launch in 2024. Its multi-faceted platform supports the goal of a common electric drivetrain and delivers approximately 97% peak efficiency and over 400 kW of power with 1,270 Nm of torque. The technology supports the vehicle’s shifting sequence and charges the battery by generating power while braking or driving downhill.
  • In September 2020, BorgWarner announced it is building a power-packed Integrated Drive Module (iDM) for Ford’s new all-electric Mustang Mach-E SUV. The iDM comes complete with a BorgWarner thermal management system and gearbox integrated with some motor and power electronics from other suppliers, which showcases its system integration expertise. The iDM is supplied to power the Mustang Mach-E’s rear-wheel-drive and all-wheel-drive configurations. BorgWarner supplies the secondary drive unit to power the front wheels on the all-wheel-drive GT version.

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TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 43)
    1.1 STUDY OBJECTIVES
    1.2 MARKET DEFINITION
           TABLE 1 AUTOMOTIVE MOTORS MARKET DEFINITION, BY ELECTRIC VEHICLE TYPE
           TABLE 2 MARKET DEFINITION, BY VEHICLE TYPE
           TABLE 3 MARKET DEFINITION, BY FUNCTION
           TABLE 4 MARKET DEFINITION, BY APPLICATION
           TABLE 5 MARKET DEFINITION, BY ICE MOTOR TYPE
           TABLE 6 MARKET DEFINITION, BY EV MOTOR TYPE
           1.2.1 INCLUSIONS & EXCLUSIONS
                    TABLE 7 INCLUSIONS & EXCLUSIONS IN AUTOMOTIVE MOTORS MARKET
    1.3 MARKET SCOPE
           FIGURE 1 MARKETS COVERED
           1.3.1 YEARS CONSIDERED
           1.3.2 REGIONS COVERED
    1.4 CURRENCY & PRICING
           TABLE 8 CURRENCY EXCHANGE RATES
    1.5 PACKAGE SIZE
    1.6 STAKEHOLDERS
    1.7 SUMMARY OF CHANGES

2 RESEARCH METHODOLOGY (Page No. - 56)
    2.1 RESEARCH DATA
           FIGURE 2 AUTOMOTIVE MOTORS MARKET: RESEARCH DESIGN
           FIGURE 3 RESEARCH DESIGN MODEL
           2.1.1 SECONDARY DATA
                    2.1.1.1 Key secondary sources for automotive motors market
                    2.1.1.2 Key data from secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Primary interviews – demand and supply sides
                    2.1.2.2 Key industry insights and breakdown of primary interviews
                               FIGURE 4 KEY INDUSTRY INSIGHTS
                               FIGURE 5 BREAKDOWN OF PRIMARY INTERVIEWS
                    2.1.2.3 List of primary participants
    2.2 MARKET SIZE ESTIMATION
           FIGURE 6 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING
           2.2.1 BOTTOM-UP APPROACH
           FIGURE 7 BOTTOM-UP APPROACH: AUTOMOTIVE MOTORS MARKET
           2.2.2 TOP-DOWN APPROACH
           FIGURE 8 TOP-DOWN APPROACH: MARKET
           FIGURE 9 MARKET: MARKET ESTIMATION NOTES
           FIGURE 10 MARKET: RESEARCH DESIGN & METHODOLOGY – DEMAND SIDE
           FIGURE 11 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN (SUPPLY SIDE) - COLLECTIVE MARKET SHARE OF MAJOR PLAYERS
    2.3 DATA TRIANGULATION
           FIGURE 12 DATA TRIANGULATION METHODOLOGY
           FIGURE 13 MARKET GROWTH PROJECTIONS FROM DEMAND-SIDE DRIVERS AND OPPORTUNITIES
    2.4 FACTOR ANALYSIS
           2.4.1 FACTOR ANALYSIS FOR MARKET SIZING: DEMAND- AND SUPPLY-SIDES
    2.5 RESEARCH ASSUMPTIONS
    2.6 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 73)
    FIGURE 14 AUTOMOTIVE MOTORS MARKET: MARKET OVERVIEW
    FIGURE 15 MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (USD BILLION)
    FIGURE 16 PASSENGER CARS EXPECTED TO BE LARGEST SEGMENT OF ICE VEHICLE MARKET DURING FORECAST PERIOD (2022–2027)

4 PREMIUM INSIGHTS (Page No. - 77)
    4.1 ATTRACTIVE OPPORTUNITIES IN AUTOMOTIVE MOTORS MARKET
           FIGURE 17 INCREASING DEMAND FOR VEHICLE SAFETY AND COMFORT TO DRIVE MARKET
    4.2 MARKET GROWTH RATE, BY REGION
           FIGURE 18 ASIA PACIFIC TO REGISTER LARGEST MARKET DURING FORECAST PERIOD
    4.3 MARKET, BY FUNCTION (ICE VEHICLE)
           FIGURE 19 MOTORS FOR PERFORMANCE TO HAVE HIGHEST GROWTH, BY FUNCTION, FOR ICE VEHICLES (2022–2027)
    4.4 MARKET, BY FUNCTION (ELECTRIC VEHICLE)
           FIGURE 20 MOTORS FOR COMFORT SEGMENT TO GROW AT FASTER RATE (2022–2027)
    4.5 AUTOMOTIVE MOTORS MARKET, BY MOTOR TYPE
           FIGURE 21 STEPPER MOTORS FOR ICE VEHICLES TO BECOME FASTEST SUBSEGMENT DURING FORECAST PERIOD (2022–2027)
    4.6 MARKET, BY VEHICLE TYPE
           FIGURE 22 PASSENGER CARS TO LEAD MARKET DURING FORECAST PERIOD (2022–2027)
    4.7 MARKET, BY ELECTRIC VEHICLE TYPE
           FIGURE 23 BEV SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD (2022–2027)
    4.8 MARKET, BY EV MOTOR TYPE
           FIGURE 24 TRACTION MOTORS TO DOMINATE MARKET BY VALUE DURING FORECAST PERIOD (2022–2027)
    4.9 AUTOMOTIVE MOTORS MARKET, BY APPLICATION
           FIGURE 25 ELECTRIC POWER STEERING MOTOR TO ACQUIRE LARGEST MARKET SHARE DURING FORECAST PERIOD (2022–2027)

5 MARKET OVERVIEW (Page No. - 83)
    5.1 INTRODUCTION
    5.2 MARKET DYNAMICS
           FIGURE 26 AUTOMOTIVE MOTOR MARKET: MARKET DYNAMICS
           5.2.1 DRIVERS
                    5.2.1.1 Focus on comfort in automobiles to increase demand for motors for leisure applications
                               FIGURE 27 EVER-INCREASING USE OF MOTORS AND RELATED COMPONENTS IN CARS
                    5.2.1.2 Rising demand for safety systems to boost automotive motors market
                               FIGURE 28 ACTIVE SAFETY SYSTEMS IN AUTOMOBILES
                    5.2.1.3 Growing demand for advanced automotive systems for greater fuel efficiency in ICE vehicles
                               FIGURE 29 IDLE FUEL CONSUMPTION (USE WHEN NO LOAD), BY VEHICLE TYPE & FUEL TYPE
                    5.2.1.4 Shift to electric vehicles to increase demand for automotive motors
                               FIGURE 30 EV SALES OVER YEARS (THOUSAND UNITS)
                    5.2.1.5 Revival of automotive industry to support market growth
                               FIGURE 31 WORLDWIDE AUTOMOBILE PRODUCTION AND SALES
           5.2.2 RESTRAINTS
                    5.2.2.1 Automobiles with advanced features (using more motors) to be heavier and more expensive than basic models
                    5.2.2.2 Rising fuel prices to result in slower growth in ICE automotive market
                               FIGURE 32 AVERAGE GLOBAL PETROL PRICES
           5.2.3 OPPORTUNITIES
                    5.2.3.1 Electrification of commercial vehicles
                               TABLE 9 GOVERNMENT PROGRAMS FOR PROMOTION OF ELECTRIC COMMERCIAL VEHICLE SALES
                    5.2.3.2 Growing demand for luxury vehicles to present growth opportunities
                               FIGURE 33 GLOBAL LUXURY AUTOMOBILE PRODUCTION OF KEY OEMS (THOUSAND UNITS)
                    5.2.3.3 In-wheel motors to provide new opportunities for market growth
                               FIGURE 34 PARTS OF IN-WHEEL MOTOR SYSTEM
           5.2.4 CHALLENGES
                    5.2.4.1 Fluctuating prices of raw materials to pose challenge to market
                               FIGURE 35 RAW MATERIAL PRICE CHANGES OVER YEARS
                               TABLE 10 AUTOMOTIVE MOTORS MARKET: IMPACT OF MARKET DYNAMICS
    5.3 PORTER’S FIVE FORCES
           FIGURE 36 PORTER’S FIVE FORCES: MARKET
           TABLE 11 PORTER’S FIVE FORCES ANALYSIS
           5.3.1 THREAT OF NEW ENTRANTS
           5.3.2 THREAT OF SUBSTITUTES
           5.3.3 BARGAINING POWER OF SUPPLIERS
           5.3.4 BARGAINING POWER OF BUYERS
           5.3.5 INTENSITY OF COMPETITIVE RIVALRY
    5.4 VALUE CHAIN ANALYSIS
           FIGURE 37 AUTOMOTIVE MOTORS MARKET: SUPPLY CHAIN ANALYSIS
    5.5 MARKET ECOSYSTEM
           FIGURE 38 MARKET: ECOSYSTEM ANALYSIS
           5.5.1 TIER II SUPPLIERS
           5.5.2 TIER I SUPPLIERS
           5.5.3 OEMS
           5.5.4 END USERS
                    TABLE 12 MARKET: ROLE OF COMPANIES IN ECOSYSTEM
    5.6 MARKET PRICING ANALYSIS
                    TABLE 13 AUTOMOTIVE MOTORS MARKET: AVERAGE PRICE RANGE OF MOTORS (USD), 2021
    5.7 TECHNOLOGY ANALYSIS
           5.7.1 INTRODUCTION
           5.7.2 HIGH-POWER ELECTRIC MOTORS
                    FIGURE 39 48 VOLT ELECTRIFICATIONS
           5.7.3 INDUCTION MOTORS
                    FIGURE 40 INDUCTION MOTOR
           5.7.4 IOT IN AUTOMOTIVE MOTOR SYSTEMS
    5.8 CASE STUDY
           5.8.1 INTELLIGENT MOTORS EQUIPPED WITH MICROCOMPUTERS
           5.8.2 DEVELOPMENT OF COMMERCIAL VEHICLE E-AXLE SYSTEM BASED ON NVH PERFORMANCE OPTIMIZATION
    5.9 KEY STAKEHOLDERS & BUYING CRITERIA
           5.9.1 KEY STAKEHOLDERS IN BUYING PROCESS
                    FIGURE 41 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP FUNCTION TYPES
                    TABLE 14 INFLUENCE OF STAKEHOLDERS IN BUYING PROCESS FOR TOP MOTOR COMPONENTS (%)
           5.9.2 BUYING CRITERIA
                    FIGURE 42 KEY BUYING CRITERIA FOR TOP MOTOR COMPONENTS
                    TABLE 15 KEY BUYING CRITERIA FOR TOP MOTOR COMPONENTS
    5.10 PATENT ANALYSIS
           5.10.1 INTRODUCTION
                    TABLE 16 PUBLICATION TRENDS (UP TO 2021)
                    TABLE 17 IMPORTANT PATENT REGISTRATIONS RELATED TO AUTOMOTIVE MOTORS MARKET
    5.11 TRENDS AND DISRUPTIONS IN MARKET
                    FIGURE 43 TRENDS AND DISRUPTIONS IN MARKET
    5.12 TRADE ANALYSIS
                    TABLE 18 TRADE ANALYSIS: MARKET (USD MILLION), 2021
    5.13 REGULATORY OVERVIEW
           5.13.1 NORTH AMERICA
                    TABLE 19 FTP TIER III EMISSION LIMITATIONS
           5.13.2 EUROPE
                    TABLE 20 EURO 6 EMISSION LIMITATIONS
           5.13.3 ASIA PACIFIC
                    TABLE 21 CHINA 6A EMISSION LIMITATIONS
                    TABLE 22 BHARAT VI EMISSION LIMITATIONS
           5.13.4 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS, BY REGION
                    TABLE 23 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 24 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
                    TABLE 25 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
    5.14 AUTOMOTIVE MOTORS MARKET, SCENARIOS (2020–2027)
                    FIGURE 44 MARKET– FUTURE TRENDS & SCENARIO, 2022–2027 (USD MILLION)
           5.14.1 MOST LIKELY SCENARIO
                    TABLE 26 MARKET: MOST LIKELY SCENARIO, BY REGION, 2022–2027 (USD MILLION)
           5.14.2 OPTIMISTIC SCENARIO
                    TABLE 27 MARKET: OPTIMISTIC SCENARIO, BY REGION, 2022–2027 (USD MILLION)
           5.14.3 PESSIMISTIC SCENARIO
                    TABLE 28 MARKET: PESSIMISTIC SCENARIO, BY REGION, 2022–2027 (USD MILLION)

6 AUTOMOTIVE MOTORS MARKET, BY FUNCTION FOR ICE VEHICLE (Page No. - 120)
    6.1 INTRODUCTION
           FIGURE 45 MARKET FOR ICE VEHICLES, BY FUNCTION, 2022-2027 (USD MILLION)
           TABLE 29 MARKET FOR ICE VEHICLE, BY FUNCTION, 2018–2021 (MILLION UNITS)
           TABLE 30 MARKET FOR ICE VEHICLE, BY FUNCTION, 2022–2027 (MILLION UNITS)
           TABLE 31 MARKET FOR ICE VEHICLE, BY FUNCTION, 2018–2021 (USD MILLION)
           TABLE 32 MARKET FOR ICE VEHICLE, BY FUNCTION, 2022–2027 (USD MILLION)
           6.1.1 OPERATIONAL DATA
           TABLE 33 LEADING MANUFACTURERS OF AUTOMOTIVE MOTORS FOR ICE VEHICLES, BY FUNCTION
           6.1.2 ASSUMPTIONS
           TABLE 34 ASSUMPTIONS: BY FUNCTION (ICE VEHICLE)
           6.1.3 RESEARCH METHODOLOGY
    6.2 PERFORMANCE MOTORS
           6.2.1 CORE USAGE OF PERFORMANCE MOTORS IN AUTOMOBILES TO DRIVE DEMAND
                    TABLE 35 AUTOMOTIVE PERFORMANCE MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 36 AUTOMOTIVE PERFORMANCE MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 37 AUTOMOTIVE PERFORMANCE MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 38 AUTOMOTIVE PERFORMANCE MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    6.3 COMFORT MOTORS
           6.3.1 NEED FOR BEST-IN-CLASS CONVENIENCE FEATURES IN AUTOMOBILES TO FUEL DEMAND FOR COMFORT MOTORS
                    TABLE 39 AUTOMOTIVE COMFORT MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 40 AUTOMOTIVE COMFORT MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 41 AUTOMOTIVE COMFORT MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 42 AUTOMOTIVE COMFORT MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    6.4 SAFETY MOTORS
           6.4.1 MANDATES FOR SAFETY FEATURES IN PASSENGER AND COMMERCIAL VEHICLES TO INCREASE DEMAND
                    TABLE 43 AUTOMOTIVE SAFETY MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 44 AUTOMOTIVE SAFETY MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 45 AUTOMOTIVE SAFETY MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 46 AUTOMOTIVE SAFETY MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    6.5 KEY PRIMARY INSIGHTS

7 AUTOMOTIVE MOTORS MARKET, BY FUNCTION FOR ELECTRIC VEHICLE (Page No. - 130)
    7.1 INTRODUCTION
           FIGURE 46 MARKET FOR ELECTRIC VEHICLES, BY FUNCTION, 2022-2027 (USD MILLION)
           TABLE 47 MARKET FOR ELECTRIC VEHICLE, BY FUNCTION, 2018–2021 (MILLION UNITS)
           TABLE 48 MARKET FOR ELECTRIC VEHICLE, BY FUNCTION, 2022–2027 (MILLION UNITS)
           TABLE 49 MARKET FOR ELECTRIC VEHICLE, BY FUNCTION, 2018–2021 (USD MILLION)
           TABLE 50 MARKET FOR ELECTRIC VEHICLE, BY FUNCTION, 2022–2027 (USD MILLION)
           7.1.1 OPERATIONAL DATA
                    TABLE 51 LEADING MANUFACTURERS OF AUTOMOTIVE MOTORS FOR ELECTRIC VEHICLES BY FUNCTION
           7.1.2 ASSUMPTIONS
                    TABLE 52 ASSUMPTIONS: BY FUNCTION (ELECTRIC VEHICLE)
           7.1.3 RESEARCH METHODOLOGY
    7.2 PERFORMANCE MOTORS
           7.2.1 SHIFT TO EVS AND USE OF MULTIPLE TRACTION MOTORS TO RAISE DEMAND FOR PERFORMANCE MOTORS
                    TABLE 53 AUTOMOTIVE PERFORMANCE MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 54 AUTOMOTIVE PERFORMANCE MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 55 AUTOMOTIVE PERFORMANCE MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 56 AUTOMOTIVE PERFORMANCE MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    7.3 COMFORT MOTORS
           7.3.1 HIGH DEMAND FOR COMFORT FEATURES IN MID-PRICED AND PREMIUM EVS TO BOOST MARKET
                    TABLE 57 AUTOMOTIVE COMFORT MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 58 AUTOMOTIVE COMFORT MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 59 AUTOMOTIVE COMFORT MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 60 AUTOMOTIVE COMFORT MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    7.4 SAFETY MOTORS
           7.4.1 SAFETY REGULATIONS FOR NEW ELECTRIC PASSENGER CARS TO PUSH MARKET GROWTH
                    TABLE 61 AUTOMOTIVE SAFETY MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 62 AUTOMOTIVE SAFETY MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 63 AUTOMOTIVE SAFETY MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 64 AUTOMOTIVE SAFETY MOTORS MARKET FOR ELECTRIC VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    7.5 KEY PRIMARY INSIGHTS

8 AUTOMOTIVE MOTORS MARKET, BY APPLICATION (Page No. - 140)
    8.1 INTRODUCTION
           FIGURE 47 MARKET, BY APPLICATION, 2022-2027 (USD MILLION)
           TABLE 65 MARKET FOR ICE VEHICLE, BY APPLICATION, 2018–2021 (MILLION UNITS)
           TABLE 66 MARKET FOR ICE VEHICLE, BY APPLICATION, 2022–2027 (MILLION UNITS)
           TABLE 67 MARKET FOR ICE VEHICLE, BY APPLICATION, 2018–2021 (USD MILLION)
           TABLE 68 MARKET FOR ICE VEHICLE, BY APPLICATION, 2022–2027 (USD MILLION)
           8.1.1 OPERATIONAL DATA
                    TABLE 69 LEADING MANUFACTURERS OF AUTOMOTIVE MOTORS FOR ELECTRIC VEHICLES, BY APPLICATION
           8.1.2 ASSUMPTIONS
                    TABLE 70 ASSUMPTIONS: BY APPLICATION
           8.1.3 RESEARCH METHODOLOGY
    8.2 ELECTRIC WATER PUMPS
    8.3 RADIATOR COOLING FANS
    8.4 ELECTRONIC THROTTLE VALVE CONTROL
    8.5 ELECTRONIC VARIABLE GEAR RATIO
    8.6 ELECTRIC VARIABLE VALVE TIMING
    8.7 VARIABLE NOZZLE TURBOS
    8.8 ADJUSTABLE PEDALS
    8.9 ELECTRIC POWER STEERING
    8.1 WINDSHIELD WIPERS
    8.11 STARTERS
    8.12 EGR
    8.13 FUEL PUMPS
    8.14 POWER ANTENNAS
    8.15 AIR CONDITIONERS
    8.16 DOOR MIRRORS
    8.17 POWER WINDOWS
    8.18 TILT STEERING
    8.19 BLOWERS
    8.20 POWER SEATS
    8.21 SUNROOF
    8.22 DOOR CLOSERS
    8.23 CRUISE CONTROL
    8.24 ADAPTIVE FRONT LIGHTS
    8.25 ELECTRONIC STABILITY CONTROL
    8.26 ABS
    8.27 ELECTRONIC PARKING BRAKES

9 AUTOMOTIVE MOTORS MARKET, BY ICE MOTOR TYPE (Page No. - 153)
    9.1 INTRODUCTION
           FIGURE 48 MARKET, BY ICE MOTOR TYPE, 2022-2027 (USD MILLION)
           TABLE 71 MARKET ICE VEHICLES, BY MOTOR TYPE, 2018–2021 (MILLION UNITS)
           TABLE 72 MARKET ICE VEHICLES, BY MOTOR TYPE, 2022–2027 (MILLION UNITS)
           TABLE 73 MARKET ICE VEHICLES, BY MOTOR TYPE, 2018–2021 (USD MILLION)
           TABLE 74 MARKET ICE VEHICLES, BY MOTOR TYPE, 2022–2027 (USD MILLION)
           9.1.1 OPERATIONAL DATA
                    TABLE 75 LEADING MANUFACTURERS OF AUTOMOTIVE MOTORS FOR ICE VEHICLES BY MOTOR TYPE
           9.1.2 ASSUMPTIONS
                    TABLE 76 ASSUMPTIONS: BY MOTOR TYPE
           9.1.3 RESEARCH METHODOLOGY
    9.2 BRUSHED MOTORS
           9.2.1 EASE OF USE AND FASTER OPERATIONS TO FUEL DEMAND FOR BRUSHED MOTORS
                    TABLE 77 AUTOMOTIVE BRUSHED MOTORS MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 78 AUTOMOTIVE BRUSHED MOTORS MARKET ICE VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 79 AUTOMOTIVE BRUSHED MOTORS MARKET ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 80 AUTOMOTIVE BRUSHED MOTORS MARKET ICE VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    9.3 BRUSHLESS MOTORS
           9.3.1 LARGE APPLICATION RANGE TO PUSH DEMAND FOR BRUSHLESS MOTORS
                    TABLE 81 AUTOMOTIVE BRUSHLESS MOTORS MARKET ICE VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 82 AUTOMOTIVE BRUSHLESS MOTORS MARKET ICE VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 83 AUTOMOTIVE BRUSHLESS MOTORS MARKET ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 84 AUTOMOTIVE BRUSHLESS MOTORS MARKET ICE VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    9.4 STEPPER MOTORS
           9.4.1 COST-EFFECTIVE MODELS TO ACCELERATE DEMAND FOR STEPPER MOTORS
                    TABLE 85 AUTOMOTIVE STEPPER MOTORS MARKET ICE VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
                    TABLE 86 AUTOMOTIVE STEPPER MOTORS MARKET ICE VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
                    TABLE 87 AUTOMOTIVE STEPPER MOTORS MARKET ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 88 AUTOMOTIVE STEPPER MOTORS MARKET ICE VEHICLES, BY REGION, 2022–2027 (USD MILLION)
    9.5 KEY PRIMARY INSIGHTS

10 AUTOMOTIVE MOTORS MARKET, BY VEHICLE TYPE (Page No. - 163)
     10.1 INTRODUCTION
               FIGURE 49 MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022-2027 (USD MILLION)
               TABLE 89 MARKET FOR ICE VEHICLE, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
               TABLE 90 MARKET FOR ICE VEHICLE, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
               TABLE 91 MARKET FOR ICE VEHICLE, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
               TABLE 92 MARKET FOR ICE VEHICLE, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             10.1.1 OPERATIONAL DATA
                       TABLE 93 LEADING COMPONENT PROVIDERS AND MOTORS PROVIDED BY VEHICLE TYPE FOR ICE VEHICLE
             10.1.2 ASSUMPTIONS
                       TABLE 94 ASSUMPTIONS: BY VEHICLE TYPE FOR ICE VEHICLE
             10.1.3 RESEARCH METHODOLOGY
     10.2 PASSENGER CARS
             10.2.1 INCREASING SPENDING POWER FOR COMFORT AND SAFETY TO RAISE SEGMENT DEMAND
                       TABLE 95 PASSENGER CAR MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 96 PASSENGER CAR MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 97 PASSENGER CAR MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 98 PASSENGER CAR MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     10.3 LIGHT COMMERCIAL VEHICLES
             10.3.1 DEMAND FOR LAST-MILE DELIVERY TO BOOST SEGMENT GROWTH
                       TABLE 99 LCV MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 100 LCV MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 101 LCV MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 102 LCV MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     10.4 HEAVY COMMERCIAL VEHICLES
             10.4.1 FOCUS ON SAFER AND EFFICIENT BUSES AND TRUCKS TO WITNESS INCREASED DEMAND
                       TABLE 103 HCV MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 104 HCV MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 105 HCV MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 106 HCV MOTORS MARKET FOR ICE VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     10.5 KEY PRIMARY INSIGHTS

11 AUTOMOTIVE MOTORS MARKET, BY ELECTRIC VEHICLE TYPE (Page No. - 173)
     11.1 INTRODUCTION
               FIGURE 50 MARKET, BY ELECTRIC VEHICLE TYPE, 2022-2027 (USD MILLION)
               TABLE 107 MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (MILLION UNITS)
               TABLE 108 MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (MILLION UNITS)
               TABLE 109 MARKET, BY ELECTRIC VEHICLE TYPE, 2018–2021 (USD MILLION)
               TABLE 110 MARKET, BY ELECTRIC VEHICLE TYPE, 2022–2027 (USD MILLION)
             11.1.1 OPERATIONAL DATA
                       TABLE 111 LEADING COMPONENT PROVIDERS AND MOTORS PROVIDED BY ELECTRIC VEHICLE TYPE
             11.1.2 ASSUMPTIONS
                       TABLE 112 ASSUMPTIONS: BY ELECTRIC VEHICLE TYPE
             11.1.3 RESEARCH METHODOLOGY
     11.2 BEV
             11.2.1 PLANS FOR PHASING OUT ICE VEHICLES BY TOP COUNTRIES TO INCREASE DEMAND FOR ELECTRIC VEHICLE MOTORS
                       TABLE 113 BEV MOTORS MARKET, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 114 BEV MOTORS MARKET, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 115 BEV MOTORS MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 116 BEV MOTORS MARKET, BY REGION, 2022–2027 (USD MILLION)
     11.3 HEV
             11.3.1 STRICT EMISSION LAWS TO PROPEL DEMAND FOR SEGMENT
                       TABLE 117 HEV MOTORS MARKET, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 118 HEV MOTORS MARKET, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 119 HEV MOTORS MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 120 HEV MOTORS MARKET, BY REGION, 2022–2027 (USD MILLION)
     11.4 PHEV
             11.4.1 SUBSTANTIAL GOVERNMENT INCENTIVES TO FUEL PHEV SALES
                       TABLE 121 PHEV MOTORS MARKET, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 122 PHEV MOTORS MARKET, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 123 PHEV MOTORS MARKET, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 124 PHEV MOTORS MARKET, BY REGION, 2022–2027 (USD MILLION)
     11.5 FCEV
     11.6 KEY PRIMARY INSIGHTS

12 AUTOMOTIVE MOTORS MARKET, BY EV MOTOR TYPE (Page No. - 183)
     12.1 INTRODUCTION
               FIGURE 51 MARKET, BY EV MOTOR TYPE, 2022-2027 (USD MILLION)
               TABLE 125 MARKET, BY EV MOTOR TYPE, 2018–2021 (MILLION UNITS)
               TABLE 126 MARKET, BY EV MOTOR TYPE, 2022–2027 (MILLION UNITS)
               TABLE 127 MARKET, BY EV MOTOR TYPE, 2018–2021 (USD MILLION)
               TABLE 128 MARKET, BY EV MOTOR TYPE, 2022–2027 (USD MILLION)
             12.1.1 OPERATIONAL DATA
                       TABLE 129 LEADING MANUFACTURERS OF AUTOMOTIVE MOTORS FOR VEHICLES BY EV MOTOR TYPE
             12.1.2 ASSUMPTIONS
                       TABLE 130 ASSUMPTIONS: BY EV MOTOR TYPE
             12.1.3 RESEARCH METHODOLOGY
     12.2 TRACTION MOTORS
             12.2.1 GROWING DEMAND FOR BEVS TO PUSH DEMAND FOR TRACTION MOTORS
                       TABLE 131 AUTOMOTIVE TRACTION MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 132 AUTOMOTIVE TRACTION MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 133 AUTOMOTIVE TRACTION MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 134 AUTOMOTIVE TRACTION MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     12.3 BRUSHED MOTORS
             12.3.1 GROWING NEED FOR EGR DRIVES TO LEAD TO INCREASED SEGMENT DEMAND
                       TABLE 135 AUTOMOTIVE BRUSHED MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 136 AUTOMOTIVE BRUSHED MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 137 AUTOMOTIVE BRUSHED MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 138 AUTOMOTIVE BRUSHED MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     12.4 BRUSHLESS MOTORS
             12.4.1 HIGH EFFICIENCY AND LOW MAINTENANCE COSTS TO EXTEND DEMAND FOR BRUSHLESS MOTORS
                       TABLE 139 AUTOMOTIVE BRUSHLESS MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 140 AUTOMOTIVE BRUSHLESS MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 141 AUTOMOTIVE BRUSHLESS MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 142 AUTOMOTIVE BRUSHLESS MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     12.5 STEPPER MOTORS
             12.5.1 USE OF STEPPER MOTORS IN WINDSHIELD WIPERS TO ACCELERATE DEMAND FOR STEPPER MOTORS
                       TABLE 143 AUTOMOTIVE STEPPER MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 144 AUTOMOTIVE STEPPER MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 145 AUTOMOTIVE STEPPER MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 146 AUTOMOTIVE STEPPER MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     12.6 INDUCTION MOTORS
             12.6.1 SIMPLE CONSTRUCTION AND LOW COST TO DRIVE DEMAND FOR INDUCTION MOTORS
                       TABLE 147 AUTOMOTIVE INDUCTION MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 148 AUTOMOTIVE INDUCTION MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 149 AUTOMOTIVE INDUCTION MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 150 AUTOMOTIVE INDUCTION MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     12.7 OTHER MOTORS
             12.7.1 HIGH POWER APPLICATIONS IN AUTOMOBILES TO RAISE DEMAND FOR OTHER MOTORS
                       TABLE 151 OTHER AUTOMOTIVE MOTORS MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (MILLION UNITS)
                       TABLE 152 OTHER MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (MILLION UNITS)
                       TABLE 153 OTHER MARKET FOR ELECTRIC VEHICLE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 154 OTHER MARKET FOR ELECTRIC VEHICLE, BY REGION, 2022–2027 (USD MILLION)
     12.8 KEY PRIMARY INSIGHTS

13 AUTOMOTIVE MOTORS MARKET, BY REGION (Page No. - 197)
     13.1 INTRODUCTION
               FIGURE 52 MARKET FOR ICE VEHICLES, BY REGION, 2022-2027 (USD MILLION)
               TABLE 155 GLOBAL MARKET (ICE+EV), BY REGION, 2018–2021 (MILLION UNITS)
               TABLE 156 GLOBAL MARKET (ICE+EV), BY REGION, 2022–2027 (MILLION UNITS)
               TABLE 157 GLOBAL MARKET (ICE+EV), BY REGION, 2018–2021 (USD MILLION)
               TABLE 158 GLOBAL MARKET (ICE+EV), BY REGION, 2022–2027 (USD MILLION)
               TABLE 159 GLOBAL MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (MILLION UNITS)
               TABLE 160 GLOBAL MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (MILLION UNITS)
               TABLE 161 GLOBAL MARKET FOR ICE VEHICLES, BY REGION, 2018–2021 (USD MILLION)
               TABLE 162 GLOBAL MARKET FOR ICE VEHICLES, BY REGION, 2022–2027 (USD MILLION)
     13.2 ASIA PACIFIC
               FIGURE 53 ASIA PACIFIC: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES SNAPSHOT
               TABLE 163 ASIA PACIFIC: MARKET FOR ICE VEHICLES, BY COUNTRY, 2018–2021 (MILLION UNITS)
               TABLE 164 ASIA PACIFIC: MARKET FOR ICE VEHICLES, BY COUNTRY, 2022–2027 (MILLION UNITS)
               TABLE 165 ASIA PACIFIC: MARKET FOR ICE VEHICLES, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 166 ASIA PACIFIC: MARKET FOR ICE VEHICLES, BY COUNTRY, 2022–2027 (USD MILLION)
               TABLE 167 ASIA PACIFIC: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2018–2021 (MILLION UNITS)
               TABLE 168 ASIA PACIFIC: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2022–2027 (MILLION UNITS)
               TABLE 169 ASIA PACIFIC: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 170 ASIA PACIFIC: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2022–2027 (USD MILLION)
             13.2.1 CHINA
                       13.2.1.1 High automobile production and low cost of manufacturing to benefit market in China
                                   TABLE 171 CHINA: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 172 CHINA: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 173 CHINA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 174 CHINA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 175 CHINA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.2.2 INDIA
                       13.2.2.1 Rapid urbanization and improved living standards to increase demand for automotive motors
                                   TABLE 176 INDIA: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 177 INDIA: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 178 INDIA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 179 INDIA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 180 INDIA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.2.3 JAPAN
                       13.2.3.1 Standardization of safety features by Japanese OEMs to facilitate growth opportunities in market
                                   TABLE 181 JAPAN: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 182 JAPAN: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 183 JAPAN: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 184 JAPAN: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 185 JAPAN: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.2.4 SOUTH KOREA
                       13.2.4.1 Increasing demand for passenger cars to help market grow in South Korea
                                   TABLE 186 SOUTH KOREA: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 187 SOUTH KOREA: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 188 SOUTH KOREA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 189 SOUTH KOREA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 190 SOUTH KOREA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.2.5 REST OF ASIA PACIFIC
                       13.2.5.1 Emerging countries to witness maximum growth
                                   TABLE 191 REST OF ASIA PACIFIC: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 192 REST OF ASIA PACIFIC: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 193 REST OF ASIA PACIFIC: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 194 REST OF ASIA PACIFIC: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
     13.3 EUROPE
               FIGURE 54 EUROPE: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, 2022-2027 (USD MILLION)
               TABLE 195 EUROPE: MARKET FOR ICE VEHICLES, BY COUNTRY, 2018–2021 (MILLION UNITS)
               TABLE 196 EUROPE: MARKET FOR ICE VEHICLES, BY COUNTRY, 2022–2027 (MILLION UNITS)
               TABLE 197 EUROPE: MARKET FOR ICE VEHICLES, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 198 EUROPE: MARKET FOR ICE VEHICLES, BY COUNTRY, 2022–2027 (USD MILLION)
               TABLE 199 EUROPE: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2018–2021 (MILLION UNITS)
               TABLE 200 EUROPE: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2022–2027 (MILLION UNITS)
               TABLE 201 EUROPE: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 202 EUROPE: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2022–2027 (USD MILLION)
             13.3.1 FRANCE
                       13.3.1.1 Growing demand for premium cars segment to amplify market
                                   TABLE 203 FRANCE: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 204 FRANCE: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 205 FRANCE: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 206 FRANCE: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 207 FRANCE: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.3.2 GERMANY
                       13.3.2.1 Presence of major component manufacturers and OEMs to promote market growth in Germany
                                   TABLE 208 GERMANY: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 209 GERMANY: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 210 GERMANY: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 211 GERMANY: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 212 GERMANY: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.3.3 SPAIN
                       13.3.3.1 Increasing demand for safety and comfort features in automobiles to optimize market demand
                                   TABLE 213 SPAIN: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 214 SPAIN: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 215 SPAIN: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 216 SPAIN: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 217 SPAIN: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.3.4 ITALY
                       13.3.4.1 Requirement of safety features in vehicles to aid market demand in Italy
                                   TABLE 218 ITALY: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 219 ITALY: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 220 ITALY: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 221 ITALY: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 222 ITALY: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.3.5 UK
                       13.3.5.1 Demand for premium passenger cars to propel UK market
                                   TABLE 223 UK: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 224 UK: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 225 UK: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 226 UK: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 227 UK: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.3.6 REST OF EUROPE
                       13.3.6.1 Stringent regulations for pollution control to help expand market
                                   TABLE 228 REST OF EUROPE: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 229 REST OF EUROPE: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 230 REST OF EUROPE: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 231 REST OF EUROPE: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
     13.4 NORTH AMERICA
               FIGURE 55 NORTH AMERICA: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES SNAPSHOT
               TABLE 232 NORTH AMERICA: MARKET FOR ICE VEHICLES, BY COUNTRY, 2018–2021 (MILLION UNITS)
               TABLE 233 NORTH AMERICA: MARKET FOR ICE VEHICLES, BY COUNTRY, 2022–2027 (MILLION UNITS)
               TABLE 234 NORTH AMERICA: MARKET FOR ICE VEHICLES, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 235 NORTH AMERICA: MARKET FOR ICE VEHICLES, BY COUNTRY, 2022–2027 (USD MILLION)
               TABLE 236 NORTH AMERICA: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2018–2021 (MILLION UNITS)
               TABLE 237 NORTH AMERICA: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2022–2027 (MILLION UNITS)
               TABLE 238 NORTH AMERICA: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 239 NORTH AMERICA: MARKET FOR ELECTRIC VEHICLES, BY COUNTRY, 2022–2027 (USD MILLION)
             13.4.1 CANADA
                       13.4.1.1 Presence of top component manufacturers to assist market growth in Canada
                                   TABLE 240 CANADA: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 241 CANADA: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 242 CANADA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 243 CANADA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 244 CANADA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.4.2 MEXICO
                       13.4.2.1 Stringent emission norms and rising disposable incomes to help market grow
                                   TABLE 245 MEXICO: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 246 MEXICO: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 247 MEXICO: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 248 MEXICO: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 249 MEXICO: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.4.3 US
                       13.4.3.1 Adoption of premium passenger cars to increase demand in US
                                   TABLE 250 US: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 251 US: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 252 US: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 253 US: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 254 US: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
     13.5 REST OF THE WORLD
               FIGURE 56 REST OF THE WORLD: MARKET FOR ICE VEHICLES, BY COUNTRY, 2022-2027 (USD MILLION)
               TABLE 255 REST OF THE WORLD: MARKET FOR ICE VEHICLES, BY COUNTRY, 2018–2021 (MILLION UNITS)
               TABLE 256 REST OF THE WORLD: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY COUNTRY, 2022–2027 (MILLION UNITS)
               TABLE 257 REST OF THE WORLD: MARKET FOR ICE VEHICLES, BY COUNTRY, 2018–2021 (USD MILLION)
               TABLE 258 REST OF THE WORLD: MARKET FOR ICE VEHICLES, BY COUNTRY, 2022–2027 (USD MILLION)
             13.5.1 BRAZIL
                       13.5.1.1 Low cost of labor and demand for passenger cars to expedite market growth in Brazil
                                   TABLE 259 BRAZIL: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 260 BRAZIL: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 261 BRAZIL: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 262 BRAZIL: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 263 BRAZIL: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.5.2 SOUTH AFRICA
                       13.5.2.1 Growing demand for fuel-efficient automobiles to drive South African market
                                   TABLE 264 SOUTH AFRICA: ICE VEHICLE PRODUCTION DATA (THOUSAND UNITS)
                                   TABLE 265 SOUTH AFRICA: AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 266 SOUTH AFRICA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 267 SOUTH AFRICA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 268 SOUTH AFRICA: MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)
             13.5.3 OTHERS
                       13.5.3.1 New investments by major automotive players to strengthen market
                                   TABLE 269 OTHERS (REST OF THE WORLD): AUTOMOTIVE MOTORS MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (MILLION UNITS)
                                   TABLE 270 OTHERS (REST OF THE WORLD): MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (MILLION UNITS)
                                   TABLE 271 OTHERS (REST OF THE WORLD): MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2018–2021 (USD MILLION)
                                   TABLE 272 OTHERS (REST OF THE WORLD): MARKET FOR ICE VEHICLES, BY VEHICLE TYPE, 2022–2027 (USD MILLION)

14 COMPETITIVE LANDSCAPE (Page No. - 244)
     14.1 OVERVIEW
     14.2 MARKET SHARE ANALYSIS FOR AUTOMOTIVE MOTORS MARKET
               TABLE 273 MARKET SHARE ANALYSIS, 2021
               FIGURE 57 MARKET SHARE ANALYSIS, 2021
     14.3 REVENUE ANALYSIS OF TOP 5 PLAYERS
               FIGURE 58 TOP PLAYERS DOMINATING MARKET DURING LAST 5 YEARS
     14.4 COMPETITIVE SCENARIO
             14.4.1 DEALS, 2019–2022
                       TABLE 274 DEALS, 2019–2022
             14.4.2 NEW PRODUCT LAUNCHES, 2019–2022
                       TABLE 275 NEW PRODUCT LAUNCHES, 2019-2022
             14.4.3 OTHERS, 2019–2022
                       TABLE 276 OTHERS, 2019-2022
     14.5 COMPANY EVALUATION QUADRANT FOR AUTOMOTIVE MOTORS MARKET
             14.5.1 STARS
             14.5.2 EMERGING LEADERS
             14.5.3 PERVASIVE PLAYERS
             14.5.4 EMERGING COMPANIES
                       FIGURE 59 AUTOMOTIVE MOTORS MARKET: COMPANY EVALUATION QUADRANT, 2021
             14.5.5 MARKET: COMPANY FOOTPRINT, 2021
             14.5.6 MARKET: APPLICATION FOOTPRINT, 2021
             14.5.7 MARKET: REGIONAL FOOTPRINT, 2021
     14.6 COMPETITIVE EVALUATION QUADRANT, SME PLAYERS
             14.6.1 PROGRESSIVE COMPANIES
             14.6.2 RESPONSIVE COMPANIES
             14.6.3 DYNAMIC COMPANIES
             14.6.4 STARTING BLOCKS
                       FIGURE 60 AUTOMOTIVE MOTORS MARKET: COMPETITIVE LEADERSHIP MAPPING SME, 2021
     14.7 RIGHT TO WIN, 2019-2022
               TABLE 277 RIGHT TO WIN, 2019-2022

15 COMPANY PROFILES (Page No. - 261)
     15.1 KEY PLAYERS
(Business overview, Products offered, Recent Developments, MNM view)*
             15.1.1 BOSCH
                       TABLE 278 BOSCH: BUSINESS OVERVIEW
                       FIGURE 61 BOSCH: COMPANY SNAPSHOT
                       TABLE 279 BOSCH: HISTORICAL PERFORMANCE (USD MILLION)
                       TABLE 280 BOSCH: PRODUCTS OFFERED
                       TABLE 281 BOSCH: NEW PRODUCT LAUNCHES
                       TABLE 282 BOSCH: DEALS
                       TABLE 283 BOSCH: OTHERS
             15.1.2 DENSO
                       TABLE 284 DENSO: BUSINESS OVERVIEW
                       FIGURE 62 DENSO: COMPANY SNAPSHOT
                       TABLE 285 DENSO: COMPONENTS AVAILABLE
                       TABLE 286 DENSO: PRODUCTS OFFERED
                       TABLE 287 DENSO: NEW PRODUCT LAUNCHES
                       TABLE 288 DENSO: DEALS
             15.1.3 BORGWARNER
                       TABLE 289 BORGWARNER: BUSINESS OVERVIEW
                       FIGURE 63 BORGWARNER: COMPANY SNAPSHOT
                       FIGURE 64 BORGWARNER: EV-RELATED ACQUISITIONS
                       TABLE 290 BORGWARNER: PRODUCTS OFFERED
                       TABLE 291 BORGWARNER: NEW PRODUCT LAUNCHES
                       TABLE 292 BORGWARNER: DEALS
                       TABLE 293 BORGWARNER: OTHERS
             15.1.4 ZF GROUP
                       TABLE 294 ZF GROUP: BUSINESS OVERVIEW
                       FIGURE 65 ZF GROUP: COMPANY SNAPSHOT
                       TABLE 295 ZF GROUP: SALES BY SEGMENT
                       TABLE 296 ZF GROUP: BUSINESS UNITS BY DIVISION
                       TABLE 297 ZF GROUP: PRODUCTS OFFERED
                       TABLE 298 ZF GROUP: NEW PRODUCT LAUNCHES
                       TABLE 299 ZF GROUP: DEALS
                       TABLE 300 ZF GROUP: OTHERS
             15.1.5 CONTINENTAL AG
                       TABLE 301 CONTINENTAL AG: BUSINESS OVERVIEW
                       FIGURE 66 CONTINENTAL AG: COMPANY SNAPSHOT
                       TABLE 302 CONTINENTAL AG: GROUP SECTORS AND THEIR BUSINESS AREAS
                       TABLE 303 CONTINENTAL AG: PRODUCTS OFFERED
                       TABLE 304 CONTINENTAL AG: NEW PRODUCT LAUNCHES
                       TABLE 305 CONTINENTAL AG: DEALS
             15.1.6 NIDEC CORPORATION
                       TABLE 306 NIDEC CORPORATION: BUSINESS OVERVIEW
                       FIGURE 67 NIDEC CORPORATION: COMPANY SNAPSHOT
                       TABLE 307 NIDEC CORPORATION: PRODUCTION UNITS
                       TABLE 308 NIDEC: SALES BY PRODUCT (USD MILLION)
                       TABLE 309 NIDEC: PRODUCTS OFFERED
                       TABLE 310 NIDEC: NEW PRODUCT LAUNCHES
                       TABLE 311 NIDEC: DEALS
                       TABLE 312 NIDEC: OTHERS
             15.1.7 AISIN CORPORATION
                       TABLE 313 AISIN CORPORATION: BUSINESS OVERVIEW
                       FIGURE 68 AISIN CORPORATION: COMPANY SNAPSHOT
                       TABLE 314 AISIN CORPORATION: PRODUCTS PER BUSINESS SEGMENT (ACCORDING TO PRODUCT CLASSIFICATION)
                       TABLE 315 AISIN CORPORATION: PRODUCTS OFFERED
                       TABLE 316 AISIN CORPORATION: NEW PRODUCT LAUNCHES
                       TABLE 317 AISIN CORPORATION: DEALS
                       TABLE 318 AISIN CORPORATION: OTHERS
             15.1.8 MAGNA INTERNATIONAL
                       TABLE 319 MAGNA INTERNATIONAL: BUSINESS OVERVIEW
                       FIGURE 69 MAGNA INTERNATIONAL: COMPANY SNAPSHOT
                       FIGURE 70 MAGNA INTERNATIONAL: SALES BREAKDOWN (HISTORICAL VS. PLANNED)
                       TABLE 320 MAGNA INTERNATIONAL: PRODUCTS OFFERED
                       TABLE 321 MAGNA INTERNATIONAL: NEW PRODUCT LAUNCHES
                       TABLE 322 MAGNA INTERNATIONAL: DEALS
                       TABLE 323 MAGNA INTERNATIONAL: OTHERS
             15.1.9 MERITOR
                       TABLE 324 MERITOR: BUSINESS OVERVIEW
                       FIGURE 71 MERITOR: COMPANY SNAPSHOT
                       TABLE 325 MERITOR: PRODUCTS OFFERED
                       TABLE 326 MERITOR: DEALS
             15.1.10 JOHNSON ELECTRIC
                       TABLE 327 JOHNSON ELECTRIC: BUSINESS OVERVIEW
                       FIGURE 72 JOHNSON ELECTRIC: COMPANY SNAPSHOT
                       TABLE 328 JOHNSON ELECTRIC: PRODUCTS OFFERED
                       TABLE 329 JOHNSON ELECTRIC: NEW PRODUCT LAUNCHES
             15.1.11 MITSUBISHI ELECTRIC
                       TABLE 330 MITSUBISHI ELECTRIC: BUSINESS OVERVIEW
                       FIGURE 73 MITSUBISHI ELECTRIC: COMPANY SNAPSHOT
                       TABLE 331 MITSUBISHI ELECTRIC: PRODUCTS OFFERED
                       TABLE 332 MITSUBISHI ELECTRIC: NEW PRODUCT LAUNCHES
                       TABLE 333 MITSUBISHI ELECTRIC: OTHERS
             15.1.12 MAHLE GMBH
                       TABLE 334 MAHLE GMBH: BUSINESS OVERVIEW
                       FIGURE 74 MAHLE GMBH: COMPANY SNAPSHOT
                       TABLE 335 MAHLE GMBH: PRODUCTS OFFERED
                       TABLE 336 MAHLE GMBH.: NEW PRODUCT LAUNCHES
*Details on Business overview, Products offered, Recent Developments, MNM view might not be captured in case of unlisted companies.
     15.2 OTHER PLAYERS
             15.2.1 MITSUBA CORPORATION
                       TABLE 337 MITSUBA CORPORATION: BUSINESS OVERVIEW
             15.2.2 VALEO
                       TABLE 338 VALEO: BUSINESS OVERVIEW
             15.2.3 MARELLI EUROPE SPA
                       TABLE 339 MARELLI EUROPE SPA: BUSINESS OVERVIEW
             15.2.4 SIEMENS AG
                       TABLE 340 SIEMENS AG: BUSINESS OVERVIEW
             15.2.5 MIKUNI CORPORATION
                       TABLE 341 MIKUNI CORPORATION: BUSINESS OVERVIEW
             15.2.6 GMB CORPORATION
                       TABLE 342 GMB CORPORATION: BUSINESS OVERVIEW
             15.2.7 TOSHIBA
                       TABLE 343 TOSHIBA: BUSINESS OVERVIEW
             15.2.8 INFINEON TECHNOLOGIES
                       TABLE 344 INFINEON TECHNOLOGIES: BUSINESS OVERVIEW
             15.2.9 SCHAEFFLER
                       TABLE 345 SCHAEFFLER: BUSINESS OVERVIEW
             15.2.10 FAULHABER GROUP
                       TABLE 346 FAULHABER GROUP: BUSINESS OVERVIEW
             15.2.11 HELLA
                       TABLE 347 HELLA: BUSINESS OVERVIEW
             15.2.12 CUMMINS
                       TABLE 348 CUMMINS: BUSINESS OVERVIEW
             15.2.13 TI AUTOMOTIVE
                       TABLE 349 TI AUTOMOTIVE: BUSINESS OVERVIEW

16 RECOMMENDATIONS BY MARKETSANDMARKETS (Page No. - 330)
     16.1 ASIA PACIFIC TO BE MAJOR AUTOMOTIVE MOTORS MARKET
     16.2 HYBRID ELECTRIC VEHICLES TO BE KEY FOR AUTOMOTIVE MOTORS MARKET IN COMING YEARS
     16.3 CONCLUSION

17 APPENDIX (Page No. - 332)
     17.1 KEY INSIGHTS FROM INDUSTRY EXPERTS
     17.2 DISCUSSION GUIDE
     17.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
     17.4 AVAILABLE CUSTOMIZATIONS
     17.5 RELATED REPORTS
     17.6 AUTHOR DETAILS

The study involved 4 major activities in estimating the current size of the automotive motors market. Exhaustive secondary research was done to collect information on the market, the peer market, and the parent market. The next step was to validate these findings, assumptions, and sizing with the industry experts across value chains through primary research. The top-down approach was employed to estimate the complete market size. Thereafter, market breakdown and data triangulation were used in estimating the market size of segments and subsegments.

Secondary Research

In the secondary research process, various secondary sources such as company annual reports/presentations, press releases, industry association publications [for example, publications of automobile OEMs, Publications of EVs, EV and green energy associations, American Automobile Association (AAA), European Alternative Fuels Observatory (EAFO), International Energy Agency (IEA), country-level automotive associations, automobile magazines, articles, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases (for example, Marklines, and Factiva) have been used to identify and collect information useful for an extensive commercial study of the global automotive motors market.

Primary Research

Extensive primary research was conducted after acquiring an understanding of the automotive motors market scenarios through secondary research. Several primary interviews were conducted with market experts from both the demand (country-level government associations, and trade associations, institutes, R&D centers, OEMs/vehicle manufacturers) and supply (component manufacturers) side across four major regions, namely, North America, Europe, Asia Pacific and rest of the world. 21% of the experts involved in primary interviews were from the demand side, and 79% were from the supply side of the industry. Primary data was collected through questionnaires, emails, and telephonic interviews. Several primary interviews were conducted from various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in the report.

After interacting with industry participants, some brief sessions were conducted with experienced independent consultants to reinforce the findings from the primaries. This, along with the in-house subject matter experts’ opinions, has led to the findings delineated in the rest of this report. Following is the breakdown of primary respondents—

Automotive Motors Market Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

The bottom-up approach was used to estimate and validate the total size of the automotive motors market. These methods were also used extensively to estimate the size of various subsegments in the market. The research methodology used to estimate the market size includes the following:

  • The key players in the industry and markets have been identified through extensive secondary research.
  • The industry’s future supply chain and market size, in terms of volume, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall market size-using the market size estimation processes as explained above-the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, data triangulation, and market breakdown procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To segment and forecast the automotive motors market size in terms of volume (million units) and value (USD million)
  • To define, describe, and forecast the global market based on motor type, EV motor type, vehicle type, electric vehicle type, function (ICE vehicle), function (electric vehicle), application, and region
  • To segment the market and forecast its size, by volume and value, based on region (Asia Pacific, Europe, North America, and Rest of the World (RoW)
  • To segment and forecast the market size on the basis of EV motor type (brushed motors, brushless motors, induction motors, traction motors, stepper motors, and others)
  • To segment and forecast the market size on the basis of motor type (brushed motors, brushless motors, and stepper motors)
  • To segment and forecast the market size on the basis of function (electric vehicle) (performance motors, comfort motors, and safety motors)
  • To segment and forecast the market size on the basis of function (ICE vehicle) (performance motors, comfort motors, and safety motors)
  • To segment and forecast the market size on the basis of vehicle type (passenger car, light commercial vehicle, and heavy commercial vehicle)
  • To segment and forecast the market size on the basis of electric vehicle type [hybrid electric vehicle (HEV), plug-in hybrid electric vehicle (PHEV), battery electric vehicle (BEV), and fuel cell electric vehicle (FCEV)]
  • To segment and forecast the market size on the basis of application type [electric water pump, radiator cooling fan, electronic throttle valve control, electronic variable gear ratio motor, electric variable valve timing, electric power steering, variable nozzle turbo, adjustable pedal, front wiper, starter, EGR, fuel pump, power antenna, air conditioner, door mirror, power window, tilt steering column, blower, power seat, electric sunroof, door closer, adaptive front light, electronic stability control, ABS, brake assist, electronic parking brake, and cruise control]
  • To analyze the technological developments impacting the automotive motors market
  • To analyze opportunities for stakeholders and the competitive landscape for market leaders
  • To provide detailed information regarding the major factors influencing the market growth (drivers, challenges, restraints, and opportunities)
  • To strategically analyze markets with respect to individual growth trends, future prospects, and contribution to the total market
  • To strategically profile key players and comprehensively analyze their market shares and core competencies
  • To track and analyze competitive developments such as deals (like Joint Ventures, mergers & acquisitions, partnerships, and supply agreements), new product development, and other activities carried out by key industry participants

Available Customizations

With the given market data, MarketsandMarkets offers customizations in line with the company’s specific needs.

  • Automotive Motors Market, By Motor type at country level (For countries covered in the report)
  • Automotive Motors Market, By EV type at country level (For countries covered in the report)

Company Information

  • Profiling of Additional Market Players (Up to 5)
Automotive Motors Market Size,  Share & Growth Report
Report Code
AT 5448
Published ON
Jun, 2022
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