Europe Micro Motors for Automotive Market was valued at USD 1.0 Billion in 2022 and is projected to reach USD 1.7 Billion by 2030, growing at a CAGR of 8.5% from 2024 to 2030.
The Europe Micro Motors for Automotive Market has witnessed significant growth, fueled by increasing demand for electric vehicles (EVs) and the rapid advancements in automotive technology. Micro motors, small-sized motors that power various automotive components, are being widely utilized in applications such as power seats, window regulators, electric tailgates, and even in advanced driver-assistance systems (ADAS). As the automotive industry transitions towards electrification and automation, these motors are becoming crucial in meeting the requirements of efficiency, performance, and sustainability.
European automakers are increasingly adopting micro motors due to their compact size, lightweight nature, and ability to enhance fuel efficiency. These motors can be found in both traditional internal combustion engine (ICE) vehicles and, more prominently, in electric vehicles. With the European Union’s commitment to reducing carbon emissions and increasing the number of electric vehicles on the road, the demand for micro motors is set to rise significantly. The development of electric vehicles requires motors that consume less power while offering high torque output, making micro motors a perfect fit for such applications.
The key requirements of micro motors from industries include high efficiency, compact design, long operational life, and reliability under various automotive conditions. Automotive manufacturers are particularly interested in motors that meet rigorous standards for temperature stability, vibration resistance, and durability, as these components must endure the demanding environment inside a vehicle. Furthermore, noise reduction is becoming an important factor, especially as electric vehicles become more prevalent, where quiet operation is valued.
Alongside traditional uses, micro motors are increasingly essential in the development of autonomous vehicles. Their small size and adaptability allow them to be integrated into a variety of sensors and actuators used in ADAS. As the automotive industry continues to innovate, the role of micro motors will continue to expand, leading to new applications and opportunities for manufacturers and suppliers.
As the automotive landscape evolves, the future of the Europe Micro Motors for Automotive Market remains promising. The growing trend toward electrification and autonomous driving will drive the demand for these highly specialized motors, creating opportunities for manufacturers to provide innovative solutions to meet the ever-increasing requirements of the industry.
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Denso
Johnson Electric
NIDEC
Bosch
Mitsuba
Brose
Mabuchi Motors
Valeo
DY Corporation
LG Innotek
MinebeaMitsumi
ShengHuaBo
Keyang Electric Machinery
Buhler Motor
Shanghai SIIC Transportation
Igarashi Motors India
Kitashiba Electric
Ningbo Hengshuai
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Europe Micro Motors for Automotive Market
Powertrain Systems
Chassis and Suspension
Interior Accessories
Exterior Lighting
Driver Assistance Systems
DC Micro Motors
Stepper Motors
Brushless Motors
Servo Motors
Linear Motors
Single Shaft Micro Motors
Multi Shaft Micro Motors
Integrated Gear Motors
Custom Configurable Motors
High Torque Motors
Motor Body Materials
Windings and Coils
Magnetic Components
Electronic Controllers
Bearings and Supports
Low Voltage Micro Motors (Up to 12V)
Medium Voltage Micro Motors (12V to 48V)
High Voltage Micro Motors (Above 48V)
Universal Voltage Micro Motors
Specialized Voltage Applications
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Europe Micro Motors for Automotive Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Europe Micro Motors for Automotive Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Europe Micro Motors for Automotive Market, By Type
6. Europe Micro Motors for Automotive Market, By Application
7. Europe Micro Motors for Automotive Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Europe Micro Motors for Automotive Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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