Asia-Pacific Automotive Motors Market Size, Growth Analysis Report, Forecast to 2027
Asia-Pacific Automotive Motors Market: Report Based on Development, Scope, Share, Trends, Forecast to 2027
Asia-Pacific Automotive Motors Market Trends | Segmentation, Outlook, Industry Report to 2021-2027

The Asia-Pacific automotive motors market is projected to grow at a significant CAGR of 9.7% during the forecast period. The key factors that drive the Asia-Pacific automotive motors market include the substantial growth in the electric vehicle market and rising production capacities in the automotive industry in the region, especially in China, Japan, and India. The automotive manufacturers significantly focusing on fueling their production capacity to leverage the emerging demand for vehicles all across the globe. This will likely support the demand for automotive motors owing to its potential benefits including comfort, convenience, and safety.

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The Asia-Pacific automotive motors market is segmented by type, vehicle type, and distribution channel. By type, the market is segmented into brushless dc & stepper motor, brushed dc motor, ac induction motor, and others. Based on the vehicle type, the market is segmented into passenger vehicles, commercial vehicles, and electric vehicles. Commercial vehicles segment is further sub-segmented into light commercial vehicles (LCVs), heavy commercial vehicles (HCVs), and others. Whereas, the electric vehicles segment is further sub-segmented into battery electric vehicles (BEVs), plug-in electric vehicles (PEVs), and hybrid electric vehicles (HEVs). Based on the distribution channel, the market is segmented as OEM and aftermarket.


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By geography, the Asia-Pacific automotive motors market is segmented into the China, India, Japan, ASEAN, South Korea, and the Rest of Asia-Pacific. China is estimated to hold the largest market share during the forecast period. Some of the key players contributing to the market including Continental AG, Johnson Electric Holdings Ltd., Mahle GmbH, Mitsubishi Electric Corp., Robert Bosch GmbH, and Siemens AG among others. New product launches, partnerships, and acquisitions are some of the growth strategies adopted by the players in order to sustain in the highly competitive market.

The market study of the Asia-Pacific automotive motors market is incorporated by extensive primary and secondary research conducted by the research team. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geography to provide a better regional outlook.

Asia-Pacific Automotive Motors Market - Segmentation
Asia-Pacific Automotive Motors Market by Type
• Brushless DC Motor&Stepper Motor
• Brushed DC Motor
• AC Induction Motor
• Others

Asia-Pacific Automotive Motors Market by Vehicle Type
• Passenger Vehicles
• Commercial Vehicles
o Light Commercial Vehicles (LCVs)
o Heavy Commercial Vehicles (HCVs)
o Others (Buses & Coaches)
• Electric Vehicles
o Battery Electric Vehicles (BEVs)
o Plug-in Electric Vehicles (PEVs)
o Hybrid Electric Vehicles (HEVs)

Asia-Pacific Automotive Motors Market by Distribution Channel
• OEM
• Aftermarket


Asia-Pacific Automotive Motors Market – Segment by Region
North America
• United States
• Canada

Europe
• Germany
• United Kingdom
• France
• Spain
• Italy
• Rest of Europe

Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific

Rest of the World
• Latin America
• Middle East and Africa
Company Profiles
• Borgwarner Inc.
• Brose Fahrzeugteile SE & Co. KG
• Buhler Motor GmbH
• BYD Auto Co., Ltd.
• Continental AG
• Denso Corp.
• Johnson Electric Holdings Ltd.
• Mahle GmbH
• Magna International Inc.
• Mitsubishi Electric Corp.
• Robert Bosch GmbH
• Siemens AG
• Valeo SA
• Yamaha Motor Co.


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