Market revenue in 2021 | USD 35,363.6 million |
Market revenue in 2028 | USD 50,947.9 million |
Growth rate | 5.4% (CAGR from 2021 to 2028) |
Largest segment | Brushed dc motor |
Fastest growing segment | Traction Motor |
Historical data covered | 2017 - 2020 |
Base year for estimation | 2021 |
Forecast period covered | 2022 - 2028 |
Quantitative units | Revenue in USD million |
Market segmentation | Brushed DC Motor, Brushless DC Motor, Stepper Motor, Traction Motor |
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The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive motor market will help companies and investors design strategic landscapes.
brushed dc motor was the largest segment with a revenue share of 43.38% in 2021. Horizon Databook has segmented the Global automotive motor market based on brushed dc motor, brushless dc motor, stepper motor, traction motor covering the revenue growth of each sub-segment from 2017 to 2028.
Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive motor market, including forecasts for subscribers. This global databook contains high-level insights into Global automotive motor market from 2017 to 2028, including revenue numbers, major trends, and company profiles.
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