Automotive Micro Motors Market - By Power Consumption (3V-12V, 12V-24V, 25V-48V, more than 48V), By Motor Type (Brushed DC Motors, Brushless DC Motors, Stepper Motors), By Application (Power Windows, Windshield Wipers), Forecast 2023

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List of Tables

Automotive micro motors market is expected to witness more than 4% CAGR from 2023 to 2032. The relentless push towards sustainability has led to a spike in electric vehicle adoption, requiring compact and efficient micro motors to power various components such as power windows, mirrors, and HVAC systems.

Moreover, the rise of autonomous vehicles has propelled the need for precise and reliable micro motors to support advanced sensor systems and control mechanisms. According to the 2021 McKinsey consumer survey, customers are willing to access autonomous drive features and pay for them as well. The market is also benefiting from the growing trend of vehicle electrification, with a substantial increase in the number of electric and hybrid vehicles on the road.

The automotive micro motors market is classified based on power consumption, motor type, application, and region.

The 3V-12V power consumption segment will generate massive revenues within the market by 2032, as these motors help in enhancing energy efficiency, reducing emissions, and extending the range of electric vehicles. A surge in R&D activities in the low voltage segment is aimed at optimizing power consumption while maintaining high performance. Manufacturers are investing in advanced technologies to design micro motors that strike a balance between power and efficiency, catering to the evolving needs of the automotive sector.

The brushless DC segment is predicted to record strong demand over the forecast period, as the automotive sector embraces electric propulsion systems. As brushless DC motors offer advantages such as higher efficiency, lower maintenance, and improved durability, the product adoption will increase. These motors are increasingly being integrated into various automotive applications like electric power steering, electric pumps, and electric compressors. As automakers strive for cleaner and more efficient solutions, there will be a rise in demand for brushless DC motors.

Europe automotive micro motors market is anticipated to record strong CAGR during 2023 and 2032 owing to the region's stringent emission standards, coupled with government initiatives promoting electric mobility. The active R&D by automotive manufacturers, along with focus among automakers to leverage this opportunity to introduce micro motors into next-generation vehicles, is contributing significantly to expanding the revenue scope of regional market.

Product Code: 7489

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Automotive micro motors market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Power Consumption trends
2.5 Motor type trends
2.6 Application trends

Chapter 3 Automotive Micro Motors Market Industry Insights

3.1 Impact of COVID-19
3.2 Industry ecosystem analysis
3.3 Vendor matrix
3.4 Profit margin analysis
3.5 Motor Type & innovation landscape
3.6 Patent analysis
3.7 Key news and initiatives
- 3.7.1 Partnership/Collaboration
- 3.7.2 Merger/Acquisition
- 3.7.3 Investment
- 3.7.4 Product launch & innovation
3.8 Regulatory landscape
3.9 Impact forces
- 3.9.1 Growth drivers
  - 3.9.1.1 Rising demand for Advanced Driver Assistance Systems (ADAS)
  - 3.9.1.2 Continuous advancements of technologies
  - 3.9.1.3 Rise in development of connected vehicles with smart features and infotainment systems
  - 3.9.1.4 Growing focus on energy efficiency
- 3.9.2 Industry pitfalls & challenges
  - 3.9.2.1 Stringent emission standards
  - 3.9.2.2 Global economic uncertainties
3.10 Growth potential analysis
3.11 Porter's analysis
3.12 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
- 4.3.1 AMETEK Inc.
- 4.3.2 Buhler Motor GmbH
- 4.3.3 Johnson Electric Holdings Limited
- 4.3.4 Mabuchi Motor
- 4.3.5 Maxon Motors AG
- 4.3.6 Mitsuba Corporation
- 4.3.7 NIDEC Corporation
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Automotive Micro Motors Market Estimates & Forecast, By Power Consumption (Revenue, Units)

5.1 Key trends, by power consumption
5.2 3V-12V
5.3 12V-24V
5.4 25V-48V
5.5 More than 48V

Chapter 6 Automotive Micro Motors Market Estimates & Forecast, By Motor Type (Revenue, Units)

6.1 Key trends, by motor type
6.2 Brushed DC Motors
6.3 Brushless DC Motors
6.4 Stepper Motors

Chapter 7 Automotive Micro Motors Market Estimates & Forecast, By Application (Revenue, Units)

7.1 Key trends, by application
7.2 Power Windows
7.3 Windshield Wipers
7.4 Electric Power Steering (EPS)
7.5 Seat Adjustments
7.6 Mirror Adjustments
7.7 Sunroof Actuators
7.8 HVAC Systems
7.9 Others

Chapter 8 Automotive Micro Motors Market Estimates & Forecast, By Region (Revenue, Units)

8.1 Key trends, by region
8.2 North America
- 8.2.1 U.S.
- 8.2.2 Canada
8.3 Europe
- 8.3.1 U.K.
- 8.3.2 Germany
- 8.3.3 France
- 8.3.4 Italy
- 8.3.5 Russia
- 8.3.6 Nordics
8.4 Asia Pacific
- 8.4.1 China
- 8.4.2 India
- 8.4.3 Japan
- 8.4.4 South Korea
- 8.4.5 ANZ
- 8.4.6 Southeast Asia
8.5 Latin America
- 8.5.1 Brazil
- 8.5.2 Mexico
- 8.5.3 Argentina
8.6 MEA
- 8.6.1 UAE
- 8.6.2 South Africa
- 8.6.3 Saudi Arabia

Chapter 9 Company Profiles

9.1 AMETEK Inc.
9.2 Assun Motor
9.3 Bosch Group
9.4 Buhler Motor
9.5 Buhler Motor GmbH
9.6 Constar MicroMotor
9.7 Denso Corporation
9.8 FAULHABER Group
9.9 Johnson Electric Holdings Limited
9.10 Mabuchi Motor
9.11 Maxon Motors AG
9.12 MinebeaMitsumi Inc.
9.13 Mitsuba Corporation
9.14 NIDEC Corporation
9.15 Portescap