Market Overview:
The global automotive cooling fan motors market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The growth of the global automotive cooling fan motors market can be attributed to the increasing demand for passenger cars and commercial vehicles. The brushed segment is expected to account for a major share of the global automotive cooling fan motors market in 2018. However, the brushless segment is projected to register highest CAGR during the forecast period owing to its advantages such as high efficiency, low noise levels and longer life span as compared with brushed type fans. Passenger cars are anticipated to account for majority share of the global automotive cooling fan motors market in 2018. However, commercial vehicles are expected witness highest growth during forecast period due rising demand from Asia Pacific region.
Product Definition:
An automotive cooling fan motor is a device used to circulate air through an engine to keep it cool. The importance of automotive cooling fan motors is that they help engines run cooler, which can improve performance and extend the life of the engine.
Brushed:
Brushed is a DC type of motor which uses two conductors (one for each phase) and a rotating magnetic field generated by the armature to generate electrical energy. The rotation of the magnetic field generates the current required to operate the fan. Brushed motors are usually used in applications where power factor is not important such as automotive cooling fans, small appliances, battery chargers and electronic toys among others.
Brushless:
Brushless cooling fan motors are used in automotive applications where the power required for the motor is not known or is difficult to measure. These types of motors have no brushes and instead use a commutator to generate electricity. The absence of brushes reduces friction, which results in less energy consumption and improved efficiency. Brushless fans are gaining popularity over their counterparts owing to better reliability, longer life span, low maintenance costs along with high-temperature resistance at higher operating speeds.
Application Insights:
The passenger car application segment led the global automotive cooling fan motors market in 2017 and is projected to maintain its dominance over the forecast period. The growth of this segment can be attributed to increasing production of passenger cars, especially in China, India and Japan. These countries are also likely to witness a rapid rise in per capita ownership of automobiles due to high income levels coupled with growing middle-class population groups.
Commercial vehicle application segment is expected to grow at a significant rate over the forecast period owing to rising demand for commercial vehicles from developing countries such as Brazil, Indonesia and South Africa. In addition, technological advancements have made it possible for manufacturers operating within tight budgets by using commercial vehicles as test beds for new technologies that eventually filter down into consumer cars without additional costs or losses incurred on account of prototype development stage or trial runs only intended for commercial use. This has resulted in increased penetration rates across several applications worldwide thereby boosting product demand globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The region accounted for a share of more than 30.0% in 2017 owing to increasing sales of passenger cars and other commercial vehicles in China, India, South Korea, and Taiwan. Moreover, rising disposable income coupled with consumer preference for high performance vehicles is anticipated to drive demand over the forecast period. Europe accounted for a significant share in terms of both volume and revenue due to stringent government regulations regarding vehicular emissions along with growing emphasis on fuel economy across most countries including Germany, France Italy Spain U-K.
Growth Factors:
- Increasing demand for electric vehicles: The global automotive cooling fan motors market is expected to grow at a CAGR of 5.5% during the forecast period, owing to the increasing demand for electric vehicles. Electric vehicles are powered by batteries and do not emit harmful gases, which is why they are becoming popular among consumers across the world. This is likely to boost the growth of the automotive cooling fan motors market in the coming years.
- Rising disposable income: The rise in disposable income has led to an increase in consumer spending on automobiles, which is driving the growth of the global automotive cooling fan motors market. Consumers are now opting for advanced features such as air conditioning and power steering in their cars, which requires a powerful cooling system that uses high-quality automotive cooling fan motors.
- Technological advancements: Automotive manufacturers are constantly investing in research and development (R&D) activities to develop new technologies that can be used in their products. This has resulted in innovations such as water-cooled engines and variable displacement systems, both of which require high-quality automotive cooling fan motors for optimum performance levels..
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Cooling Fan Motors Market Research Report
By Type
Brushed, Brushless
By Application
Passenger Car, Commercial Vechile
By Companies
Nidec, Johnson Electric, Bosch, Denso, Continental Corporation, TYC Genera, DONG YANG, Brose, Valeo, Hyoseong Electric, Marelli Corporation, ACDelco
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
141
Number of Tables & Figures
99
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Cooling Fan Motors Market Report Segments:
The global Automotive Cooling Fan Motors market is segmented on the basis of:
Types
Brushed, Brushless
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Car, Commercial Vechile
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Nidec
- Johnson Electric
- Bosch
- Denso
- Continental Corporation
- TYC Genera
- DONG YANG
- Brose
- Valeo
- Hyoseong Electric
- Marelli Corporation
- ACDelco
Highlights of The Automotive Cooling Fan Motors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Brushed
- Brushless
- By Application:
- Passenger Car
- Commercial Vechile
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Automotive Cooling Fan Motors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Automotive cooling fan motors are used to circulate air through the engine and radiator. They are also responsible for starting and stopping the fans.
Some of the major players in the automotive cooling fan motors market are Nidec, Johnson Electric, Bosch, Denso, Continental Corporation, TYC Genera, DONG YANG, Brose, Valeo, Hyoseong Electric, Marelli Corporation, ACDelco.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Cooling Fan Motors Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Automotive Cooling Fan Motors Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Automotive Cooling Fan Motors Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Automotive Cooling Fan Motors Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Automotive Cooling Fan Motors Market Size & Forecast, 2020-2028 4.5.1 Automotive Cooling Fan Motors Market Size and Y-o-Y Growth 4.5.2 Automotive Cooling Fan Motors Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Brushed
5.2.2 Brushless
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Passenger Car
6.2.2 Commercial Vechile
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Cooling Fan Motors Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Cooling Fan Motors Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Brushed
9.6.2 Brushless
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Passenger Car
9.10.2 Commercial Vechile
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Brushed
10.6.2 Brushless
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Passenger Car
10.10.2 Commercial Vechile
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Brushed
11.6.2 Brushless
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Passenger Car
11.10.2 Commercial Vechile
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Brushed
12.6.2 Brushless
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Passenger Car
12.10.2 Commercial Vechile
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Brushed
13.6.2 Brushless
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Passenger Car
13.10.2 Commercial Vechile
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Cooling Fan Motors Market: Competitive Dashboard
14.2 Global Automotive Cooling Fan Motors Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Nidec
14.3.2 Johnson Electric
14.3.3 Bosch
14.3.4 Denso
14.3.5 Continental Corporation
14.3.6 TYC Genera
14.3.7 DONG YANG
14.3.8 Brose
14.3.9 Valeo
14.3.10 Hyoseong Electric
14.3.11 Marelli Corporation
14.3.12 ACDelco