Market Overview:
The global motor manufacturing market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electric vehicles and hybrid vehicles across the globe. Additionally, the growing automotive industry is also contributing to the growth of this market. The global motor manufacturing market can be segmented on the basis of type, application, and region. On the basis of type, it can be divided into motor vehicle body metal stamping & other parts, motor vehicle electrical & electronic equipment, steering, suspension & interiors components, and engine components.
Product Definition:
Motor Manufacturing is the process of designing, building, and testing electric motors. Electric motors are an important part of many machines and devices, so motor manufacturing is an important process.
Motor Vehicle Body Metal Stamping & Other Parts:
Motor vehicle body metal stamping and other parts are used in the manufacturing of motor vehicles. The usage of these products is increasing rapidly on account of the growing automotive industry across the globe. In addition, technological advancements have also contributed to market growth.
The global automotive industry has been witnessing significant changes over a period of time owing to factors such as changing consumer preferences, economic growth & development, and government initiatives for infrastructure development in emerging countries including India and China.
Motor Vehicle Electrical & Electronic Equipment, Steering, Suspension, & Interiors:
The global market for the Motor Vehicle Electrical & Electronic Equipment, steering, suspension and interiors is expected to witness significant growth over the forecast period. The key factors attributing to its large share include growing automotive industry in developing countries such as India and China coupled with increasing sales of passenger cars in developed regions such as Europe and North America.
Application Insights:
The application segment includes industrial, manufacture, and others. The motor vehicle industry has witnessed a paradigm shift due to the growing demand for electric vehicles in recent years. Electric vehicles accounted for less than 2% of total global sales in 2016 but is expected to grow exponentially over the forecast period as they offer cost-efficient solutions with lower operational costs and reduced carbon emissions. This trend is projected to drive the demand for electric motors which are used in various applications such as power tools, medical equipment, laptops & tablets etcetera from 2017 to 2030 driving growth across all application segments during this period.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments, rising disposable income, and expanding middle-class population. These factors have contributed to increased sales of passenger cars and light commercial vehicles in the region.
The European motor vehicle industry is highly diversified with major applications being found in Central & Eastern Europe (CEE) as well as Western Europe. The CEE regional market presents significant opportunities for motor vehicle manufacturers owing to low production costs coupled with high demand for automobiles among a rapidly growing population that includes many first-time car buyers at a relatively younger age group compared to other regions across the globe.
North America accounted for more than 20% share of global revenue in 2017 owing to rapid product development by key players coupled with technological innovations aimed at reducing overall weight while maintaining strength and safety features such as anti-vibration systems, airbags, etc.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in demand for motor manufacturing products, as electric vehicles use motors to power their engines.
- Rising disposable income: A rise in disposable income will lead to an increase in spending on luxury items such as cars, which will drive the growth of the motor manufacturing market.
- Technological advancements: The development of new and innovative technologies is expected to fuel the growth of the motor manufacturing market over the next few years. These advancements are likely to include advanced materials that can improve performance and efficiency while reducing costs.
- Growing urbanization: As more people move into cities, there will be an increased demand for transportation solutions such as cars and buses, which will benefit the motor manufacturing market significantly. 5) Regulatory support: Governments around the world are providing regulatory support for electric vehicles through initiatives such as subsidies and tax breaks, which is helping to boost sales of these vehicles and consequently driving growth in the motor manufacturing industry
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor Manufacturing Market Research Report
By Type
Motor Vehicle Body Metal Stamping & Other Parts, Motor Vehicle Electrical & Electronic Equipment, Steering, Suspension, & Interiors, Motor Vehicle Engine, Power Train, & Parts
By Application
Industrial, Manufacture, Others
By Companies
Bosch, Denso, Magna International, Aisin, Continental Automotive Systems
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
123
Number of Tables & Figures
87
Customization Available
Yes, the report can be customized as per your need.
Global Motor Manufacturing Market Report Segments:
The global Motor Manufacturing market is segmented on the basis of:
Types
Motor Vehicle Body Metal Stamping & Other Parts, Motor Vehicle Electrical & Electronic Equipment, Steering, Suspension, & Interiors, Motor Vehicle Engine, Power Train, & Parts
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
Industrial, Manufacture, Others
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:
- Bosch
- Denso
- Magna International
- Aisin
- Continental Automotive Systems
Highlights of The Motor Manufacturing 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:
- Motor Vehicle Body Metal Stamping & Other Parts
- Motor Vehicle Electrical & Electronic Equipment, Steering, Suspension, & Interiors
- Motor Vehicle Engine, Power Train, & Parts
- By Application:
- Industrial
- Manufacture
- Others
- 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 Motor Manufacturing 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?
Motor manufacturing is the process of creating a motor from raw materials. This can involve the assembly of individual parts, or it can be a complete process that starts with an idea and ends with a product. Motor manufacturers may produce motors for use in cars, trucks, planes, boats and other vehicles.
Some of the major players in the motor manufacturing market are Bosch, Denso, Magna International, Aisin, Continental Automotive Systems.
The motor manufacturing market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Motor Manufacturing 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 Motor Manufacturing Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motor Manufacturing 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 Motor Manufacturing 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 Motor Manufacturing Market Size & Forecast, 2018-2028
4.5.1 Motor Manufacturing Market Size and Y-o-Y Growth
4.5.2 Motor Manufacturing Market Absolute $ Opportunity
Chapter 5 Global Motor Manufacturing 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 Motor Manufacturing Market Size Forecast by Type
5.2.1 Motor Vehicle Body Metal Stamping & Other Parts
5.2.2 Motor Vehicle Electrical & Electronic Equipment
5.2.3 Steering
5.2.4 Suspension
5.2.5 & Interiors
5.2.6 Motor Vehicle Engine
5.2.7 Power Train
5.2.8 & Parts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Motor Manufacturing 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 Motor Manufacturing Market Size Forecast by Applications
6.2.1 Industrial
6.2.2 Manufacture
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motor Manufacturing 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 Motor Manufacturing 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 Motor Manufacturing Analysis and Forecast
9.1 Introduction
9.2 North America Motor Manufacturing 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 Motor Manufacturing Market Size Forecast by Type
9.6.1 Motor Vehicle Body Metal Stamping & Other Parts
9.6.2 Motor Vehicle Electrical & Electronic Equipment
9.6.3 Steering
9.6.4 Suspension
9.6.5 & Interiors
9.6.6 Motor Vehicle Engine
9.6.7 Power Train
9.6.8 & Parts
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 Motor Manufacturing Market Size Forecast by Applications
9.10.1 Industrial
9.10.2 Manufacture
9.10.3 Others
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 Motor Manufacturing Analysis and Forecast
10.1 Introduction
10.2 Europe Motor Manufacturing 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 Motor Manufacturing Market Size Forecast by Type
10.6.1 Motor Vehicle Body Metal Stamping & Other Parts
10.6.2 Motor Vehicle Electrical & Electronic Equipment
10.6.3 Steering
10.6.4 Suspension
10.6.5 & Interiors
10.6.6 Motor Vehicle Engine
10.6.7 Power Train
10.6.8 & Parts
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 Motor Manufacturing Market Size Forecast by Applications
10.10.1 Industrial
10.10.2 Manufacture
10.10.3 Others
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 Motor Manufacturing Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Motor Manufacturing 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 Motor Manufacturing Market Size Forecast by Type
11.6.1 Motor Vehicle Body Metal Stamping & Other Parts
11.6.2 Motor Vehicle Electrical & Electronic Equipment
11.6.3 Steering
11.6.4 Suspension
11.6.5 & Interiors
11.6.6 Motor Vehicle Engine
11.6.7 Power Train
11.6.8 & Parts
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 Motor Manufacturing Market Size Forecast by Applications
11.10.1 Industrial
11.10.2 Manufacture
11.10.3 Others
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 Motor Manufacturing Analysis and Forecast
12.1 Introduction
12.2 Latin America Motor Manufacturing 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 Motor Manufacturing Market Size Forecast by Type
12.6.1 Motor Vehicle Body Metal Stamping & Other Parts
12.6.2 Motor Vehicle Electrical & Electronic Equipment
12.6.3 Steering
12.6.4 Suspension
12.6.5 & Interiors
12.6.6 Motor Vehicle Engine
12.6.7 Power Train
12.6.8 & Parts
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 Motor Manufacturing Market Size Forecast by Applications
12.10.1 Industrial
12.10.2 Manufacture
12.10.3 Others
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) Motor Manufacturing Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Motor Manufacturing 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) Motor Manufacturing Market Size Forecast by Type
13.6.1 Motor Vehicle Body Metal Stamping & Other Parts
13.6.2 Motor Vehicle Electrical & Electronic Equipment
13.6.3 Steering
13.6.4 Suspension
13.6.5 & Interiors
13.6.6 Motor Vehicle Engine
13.6.7 Power Train
13.6.8 & Parts
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) Motor Manufacturing Market Size Forecast by Applications
13.10.1 Industrial
13.10.2 Manufacture
13.10.3 Others
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 Motor Manufacturing Market: Competitive Dashboard
14.2 Global Motor Manufacturing Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Denso
14.3.3 Magna International
14.3.4 Aisin
14.3.5 Continental Automotive Systems
