Market Overview:
The global electric/hybrid vehicle small DC motor market is expected to grow at a CAGR of 7.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric and hybrid vehicles across the globe. Additionally, government initiatives and regulations supporting the adoption of electric and hybrid vehicles are also contributing to the growth of this market. The global electric/hybrid vehicle small DC motor market is segmented on the basis of type, application, and region. On the basis of type, it is segmented into 12V motors and 24V motors. The 12V motors segment is expected to hold a larger share in this market owing to their low cost as compared with 24V motors. On the basis of application, it is divided into OEMs and aftermarket segments. The OEMs segment dominates this market owing to rising demand for electric vehicles from original equipment manufacturers (OEMs). Geographically, it is analyzed across North America, Latin America, Europe Asia Pacific (APAC),and Middle East & Africa (MEA).
Product Definition:
An electric/hybrid vehicle small dc motor is a type of electric motor that is commonly used in electric/hybrid vehicles. This type of motor is important because it helps to power the vehicle and allows it to run efficiently.
12V:
The 12V is the voltage range that most of the electric/hybrid vehicle small DC motor uses. The usage of these motors in electric vehicles has been on a rise, and this trend is expected to continue over the forecast period. Electric vehicle production increased from around 1 million in 2010 to around 5 million in 2016 and it's estimated that more than 20% of total new car sales will be EVs by 2020.
24V:
The 24V is a voltage used in electric/hybrid vehicles. It is used to power the small DC motor that drives the vehicle’s power train. The 24V system uses lithium-ion batteries for energy storage and provides high current drive to electric motors with low speed fluctuation.
Application Insights:
The OEM segment dominated the global electric/hybrid vehicle small DC motor market in terms of revenue share in 2017. The high demand for electric and hybrid vehicles from major automotive manufacturers such as Ford, General Motors, Volkswagen is expected to propel the growth of this segment over the forecast period.
The aftermarket segment is projected to witness significant growth over the forecast period owing to growing consumer awareness regarding product maintenance and repair costs. In addition, rising repair costs due to wear & tear parts are anticipated to boost demand for replacement motors across all segments by 2030.
Electric vehicles have a longer range than their combustion engine counterparts; however; they need regular charging which can be done overnight or during day time hours at convenient sockets near homes or workplaces.
Regional Analysis:
North America accounted for the largest share of over 40% in 2017. The region is expected to maintain its lead throughout the forecast period owing to increasing demand from OEMs and consumers. Moreover, supportive government initiatives such as tax benefits for battery-operated vehicles are anticipated to boost regional growth.
The European market also held a significant share in terms of revenue owing mainly aftermarket sales across major countries including Germany, France.
Growth Factors:
- Increasing demand for electric and hybrid vehicles
- Government initiatives and subsidies for electric and hybrid vehicles
- Rising awareness about the benefits of electric and hybrid vehicles
- Technological advancements in electric and hybrid vehicle motors
- Growing demand from emerging markets
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric/Hybrid Vehicle Small DC Motor Market Research Report
By Type
12V, 24V
By Application
OEM, Aftermarket
By Companies
Johnson Electric, Bosch, Denso, Mahle, Mitsubishi Electric, Hitachi, Prestolite, Johnson Electric
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Electric/Hybrid Vehicle Small DC Motor Market Report Segments:
The global Electric/Hybrid Vehicle Small DC Motor market is segmented on the basis of:
Types
12V, 24V
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
OEM, Aftermarket
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:
- Johnson Electric
- Bosch
- Denso
- Mahle
- Mitsubishi Electric
- Hitachi
- Prestolite
- Johnson Electric
Highlights of The Electric/Hybrid Vehicle Small DC 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:
- 12V
- 24V
- By Application:
- OEM
- Aftermarket
- 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 Electric/Hybrid Vehicle Small DC 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
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- Consumer Insights
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- Product & Brand Management
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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?
An electric/hybrid vehicle small DC motor is a type of electric motor that uses direct current (DC) to power the device. This type of motor is typically used in smaller devices, such as toys and remote controls.
Some of the key players operating in the electric/hybrid vehicle small dc motor market are Johnson Electric, Bosch, Denso, Mahle, Mitsubishi Electric, Hitachi, Prestolite, Johnson Electric.
The electric/hybrid vehicle small dc motor market is expected to register a CAGR of 7.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric/Hybrid Vehicle Small DC 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 Electric/Hybrid Vehicle Small DC Motor Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Electric/Hybrid Vehicle Small DC 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 Electric/Hybrid Vehicle Small DC 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 Electric/Hybrid Vehicle Small DC Motor Market Size & Forecast, 2020-2028
4.5.1 Electric/Hybrid Vehicle Small DC Motor Market Size and Y-o-Y Growth
4.5.2 Electric/Hybrid Vehicle Small DC Motor 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 12V
5.2.2 24V
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 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric/Hybrid Vehicle Small DC 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 Electric/Hybrid Vehicle Small DC 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 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 12V
9.6.2 24V
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 OEM
9.10.2 Aftermarket
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 12V
10.6.2 24V
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 OEM
10.10.2 Aftermarket
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 12V
11.6.2 24V
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 OEM
11.10.2 Aftermarket
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 12V
12.6.2 24V
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 OEM
12.10.2 Aftermarket
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 12V
13.6.2 24V
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 OEM
13.10.2 Aftermarket
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 Electric/Hybrid Vehicle Small DC Motor Market: Competitive Dashboard
14.2 Global Electric/Hybrid Vehicle Small DC Motor Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Electric
14.3.2 Bosch
14.3.3 Denso
14.3.4 Mahle
14.3.5 Mitsubishi Electric
14.3.6 Hitachi
14.3.7 Prestolite
14.3.8 Johnson Electric
