Market Overview:
The global automotive direct drive motor market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric and hybrid vehicles across the globe. Additionally, stringent emission norms are also propelling the demand for electric and hybrid vehicles, which in turn is fueling the growth of the global automotive direct drive motor market. Based on type, high-speed motors are expected to account for a major share of the global automotive direct drive motor market during the forecast period from 2018 to 2030. This can be attributed to their high efficiency and power density as compared with other types of motors available in this market.
Product Definition:
An automotive direct drive motor is a type of electric motor that directly powers the wheels of a car, as opposed to using gears or a transmission. This type of motor is often found in electric cars, and can provide more power and efficiency than other types of motors.
High-Speed Motor:
High-speed motors are used in various applications such as electric vehicles, industrial machinery, and consumer electronics. The market for high-speed motors is expected to witness significant growth over the forecast period owing to increasing demand from automotive industry.
The automotive industry has been witnessing a rapid shift towards electric vehicles (EV) from conventional fuel engines over the past few years. This trend is expected to continue over the next decade due to stringent government regulations regarding carbon emissions and other environmental factors.
Medium Speed Motor:
Medium speed motor is used in automotive direct drive motors. It is also known as pulse width modulation (PWM) electric motor. The power source for these motors varies from battery to AC to DC and back again depending on the application requirement. These are widely used in applications such as fans, pumps, blowers, compressors and others which require variable speed operation with high torque density.
Application Insights:
The commercial vehicles segment accounted for the largest revenue share of over 60% in 2017. The segment will witness significant growth on account of increasing demand for trucks, buses and other coaches from various end-use industries such as construction, mining and quarrying, etc. In addition, growing emphasis on reducing fuel consumption along with improving vehicle efficiency is expected to drive the demand further.
Passenger cars are likely to be the fastest-growing application segment during the forecast period owing to rising disposable income among consumers coupled with a growing preference towards sports utility vehicles (SUVs) and luxury cars across most of developing countries including China India Indonesia Japan Malaysia Philippines Singapore South Korea Thailand Vietnam etc. Furthermore, technological advancements in electric motors along with ongoing research & development activities by major automotive companies will boost market growth over next few years.
Regional Analysis:
Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The regional growth can be attributed to rising demand from countries, such as China, India, Japan and South Korea. Increasing per capita income levels coupled with growing population in these countries has resulted in increased sales of premium cars. This trend is projected to continue over the next eight years which will further boost product demand across this region.
Europe was estimated at USD X million in 2017 owing to high R&D investments by various companies along with technological innovations introduced into motors used for automotive applications across this region; hence resulting in a higher market valuation for direct drive motors used across automotive applications compared to other regions during the same year.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Rising disposable income of consumers in developing countries
- Technological advancements in automotive direct drive motors
- Stringent government regulations on fuel emissions and energy conservation
- Growing popularity of autonomous vehicles
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Direct Drive Motor Market Research Report
By Type
High-Speed Motor, Medium Speed Motor, Very Low Rotational Speed Motor
By Application
Commercial Vehicles, Passenger Cars
By Companies
Continental, PMW, Protean Electric, TM4, Elaphe, Kollmorgen, Metric Mind, Continental
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
192
Number of Tables & Figures
135
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Direct Drive Motor Market Report Segments:
The global Automotive Direct Drive Motor market is segmented on the basis of:
Types
High-Speed Motor, Medium Speed Motor, Very Low Rotational Speed Motor
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
Commercial Vehicles, Passenger Cars
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:
- Continental
- PMW
- Protean Electric
- TM4
- Elaphe
- Kollmorgen
- Metric Mind
- Continental
Highlights of The Automotive Direct Drive Motor 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:
- High-Speed Motor
- Medium Speed Motor
- Very Low Rotational Speed Motor
- By Application:
- Commercial Vehicles
- Passenger Cars
- 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 Direct Drive Motor 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 Direct Drive Motor is a type of electric motor that uses an internal gearbox to convert the electrical power from the battery into rotational motion. This type of motor is often found in larger vehicles, such as SUVs and trucks.
Some of the major companies in the automotive direct drive motor market are Continental, PMW, Protean Electric, TM4, Elaphe, Kollmorgen, Metric Mind, Continental.
The automotive direct drive motor market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Direct Drive Motor 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 Direct Drive Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Direct Drive Motor 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 Direct Drive Motor 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 Direct Drive Motor Market Size & Forecast, 2018-2028
4.5.1 Automotive Direct Drive Motor Market Size and Y-o-Y Growth
4.5.2 Automotive Direct Drive Motor Market Absolute $ Opportunity
Chapter 5 Global Automotive Direct Drive Motor 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 Automotive Direct Drive Motor Market Size Forecast by Type
5.2.1 High-Speed Motor
5.2.2 Medium Speed Motor
5.2.3 Very Low Rotational Speed Motor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Direct Drive Motor 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 Automotive Direct Drive Motor Market Size Forecast by Applications
6.2.1 Commercial Vehicles
6.2.2 Passenger Cars
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Direct Drive Motor 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 Direct Drive Motor 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 Automotive Direct Drive Motor Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Direct Drive Motor 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 Automotive Direct Drive Motor Market Size Forecast by Type
9.6.1 High-Speed Motor
9.6.2 Medium Speed Motor
9.6.3 Very Low Rotational Speed Motor
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 Automotive Direct Drive Motor Market Size Forecast by Applications
9.10.1 Commercial Vehicles
9.10.2 Passenger Cars
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 Automotive Direct Drive Motor Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Direct Drive Motor 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 Automotive Direct Drive Motor Market Size Forecast by Type
10.6.1 High-Speed Motor
10.6.2 Medium Speed Motor
10.6.3 Very Low Rotational Speed Motor
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 Automotive Direct Drive Motor Market Size Forecast by Applications
10.10.1 Commercial Vehicles
10.10.2 Passenger Cars
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 Automotive Direct Drive Motor Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Direct Drive Motor 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 Automotive Direct Drive Motor Market Size Forecast by Type
11.6.1 High-Speed Motor
11.6.2 Medium Speed Motor
11.6.3 Very Low Rotational Speed Motor
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 Automotive Direct Drive Motor Market Size Forecast by Applications
11.10.1 Commercial Vehicles
11.10.2 Passenger Cars
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 Automotive Direct Drive Motor Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Direct Drive Motor 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 Automotive Direct Drive Motor Market Size Forecast by Type
12.6.1 High-Speed Motor
12.6.2 Medium Speed Motor
12.6.3 Very Low Rotational Speed Motor
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 Automotive Direct Drive Motor Market Size Forecast by Applications
12.10.1 Commercial Vehicles
12.10.2 Passenger Cars
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) Automotive Direct Drive Motor Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Direct Drive Motor 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) Automotive Direct Drive Motor Market Size Forecast by Type
13.6.1 High-Speed Motor
13.6.2 Medium Speed Motor
13.6.3 Very Low Rotational Speed Motor
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) Automotive Direct Drive Motor Market Size Forecast by Applications
13.10.1 Commercial Vehicles
13.10.2 Passenger Cars
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 Direct Drive Motor Market: Competitive Dashboard
14.2 Global Automotive Direct Drive Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Continental
14.3.2 PMW
14.3.3 Protean Electric
14.3.4 TM4
14.3.5 Elaphe
14.3.6 Kollmorgen
14.3.7 Metric Mind
14.3.8 Continental
