Brazil Automotive Motor Market Size & Outlook, 2021-2028

The automotive motor market in Brazil is expected to reach a projected revenue of US$ 1,590.6 million by 2028. A compound annual growth rate of 3.7% is expected of Brazil automotive motor market from 2022 to 2028.
Revenue, 2021 (US$M)
$1,232.5
Forecast, 2028 (US$M)
$1,590.6
CAGR, 2022 - 2028
3.7%
Report Coverage
Brazil

Brazil automotive motor market highlights

  • The Brazil automotive motor market generated a revenue of USD 1,232.5 million in 2021 and is expected to reach USD 1,590.6 million by 2028.
  • The Brazil market is expected to grow at a CAGR of 3.7% from 2022 to 2028.
  • In terms of segment, brushed dc motor was the largest revenue generating motor type in 2021.
  • Traction Motor is the most lucrative motor type segment registering the fastest growth during the forecast period.


Automotive motor market data book summary

Market revenue in 2021USD 1,232.5 million
Market revenue in 2028USD 1,590.6 million
Growth rate3.7% (CAGR from 2021 to 2028)
Largest segmentBrushed dc motor
Fastest growing segmentTraction Motor
Historical data2017 - 2020
Base year2021
Forecast period2022 - 2028
Quantitative unitsRevenue in USD million
Market segmentationBrushed DC Motor, Brushless DC Motor, Stepper Motor, Traction Motor
Key market players worldwideNidec Corp, Johnson Electric Holdings Ltd, Robert Bosch Engineering & Business Solutions, Denso Corp, Continental AG, Mitsubishi Electric Corp


Other key industry trends

  • In terms of revenue, Brazil accounted for 3.5% of the global automotive motor market in 2021.
  • Country-wise, China is expected to lead the global market in terms of revenue in 2028.
  • In Latin America, Brazil automotive motor market is projected to lead the regional market in terms of revenue in 2028.
  • Brazil is the fastest growing regional market in Latin America and is projected to reach USD 1,590.6 million by 2028.

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Automotive Motor Market Companies

Name Profile # Employees HQ Website

Brazil automotive motor market outlook

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 43.34% in 2021. Horizon Databook has segmented the Brazil 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.


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Target buyers of Brazil automotive motor market databook

  • Our clientele includes a mix of automotive motor market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil automotive motor market, including forecasts for subscribers. This country databook contains high-level insights into Brazil automotive motor market from 2017 to 2028, including revenue numbers, major trends, and company profiles.

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Brazil automotive motor market size, by motor type, 2017-2028 (US$M)

Brazil Automotive Motor Market Share, 2021 & 2028 (US$M)

Brazil automotive motor market size, by motor type, 2017-2028 (US$M)

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