MOTOR LAMINATION MARKET BY APPLICATION, MATERIAL, TECHNOLOGY AND REGION - 2025

Asia-PAcific: DOMINATING the market for Automotive MOTORs from 2017 to 2022

Asia-Pacific is estimated to lead the Automotive Motors Market, by value, in 2017. It is followed by Europe, North America, and the Rest of the World (RoW). The study identifies China, Japan, and India as the key markets for the automotive motors market. Increased legislative measures regarding safety, coupled with rising demand for convenience while traveling, are fostering the growth of the automotive motors market in the Asia-Pacific region.

The Asian countries have emerged as manufacturing hubs for many original equipment manufacturers (OEM), suppliers, and Tier 1 players. Automobile giants such as Honda, Toyota, and Hyundai, along with some Tier I and Tier II suppliers, have setup operations in this region to compete with passenger car manufacturers in the market. Several motor manufacturers such as Nidec Corporation (Japan), Denso Corporation (Japan), and Mitsubishi Electric Corporation (Japan) have already planned or are planning to expand their manufacturing facilities to cater to the increasing demand for motors from original equipment manufacturers (OEM).

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=117324037

EUROPE: Modest Growth in Automotive MOTORS Market

Europe is considered as a highly sophisticated market, in terms of technology and safety regulations. The major Tier I suppliers of automotive motors in this region are Robert Bosch (Germany) and Continental AG (Germany).

Germany ranks first in terms of vehicle production and sales in the European region. As of 2015, the German automotive companies accounted for approximately one-third of the international automotive R&D expenditure. The country is thus expected to dominate the European automotive motors market, owing to its high production capabilities and increasing R&D investments.

Growing demand for convenience features in vehicles would boost the AUTOMOTIVE Motors MARKET

The demand for advanced automation systems and upcoming legislations for automotive safety have triggered the growth of the automotive motors market in developing countries such as China, Brazil, and India. The primary reason for the growth of the automotive motors market is the increased demand for safety and convenience, which has led to an increase in the penetration of advanced technologies such as Anti-lock Braking Systems and Electronic Stability Control in passenger cars.

The automotive motors market is projected to grow at the fastest rate in emerging economies such as India and China. Asia-Pacific is estimated to be the fastest growing market for automotive motors during the forecast period. It is followed by North American and European markets.

Get Detail Insight @ https://www.marketsandmarkets.com/Market-Reports/motor-lamination-market-117324037.html

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441

sales@marketsandmarkets.com

Comments

Post a Comment

Popular posts from this blog

Baggage Handling System Market is Dominated by The Global Players Siemens (Germany), Vanderlande Industries (Netherlands), Daifuku (Japan), Pteris Global Limited (Singapore), BEUMER (Germany), and SITA (Switzerland).

The global Baggage Handling System Market is projected to grow from USD 8.4 billion in 2018 to USD 13.7 billion by 2025, at a CAGR of 7.28%. The increase in air travel by people all over the world, modernization of airports, and enhancement of airports’ efficiency and customer satisfaction are expected to drive the growth of the baggage handling system market. The key strategies adopted by the major players in the baggage handling system market from 2014 to 2019 are partnerships and supply contracts. Baggage handling system manufacturers and component suppliers are focusing on increasing their global presence and respective market shares. Vanderlande Industries signed a contract to implement an innovative new solution system that would utilize Automated Guided Vehicle (AGV) technology, thereby replacing the need for conveyors and sorting systems to handle baggage at the Lelystad Airport. The new product developments strategy is ranked 2nd amongst all the strategies adopted by co
Read more

Automotive Camera Market by Application, View Type, Technology and Region – Global Forecast to 2025

The Automotive Camera Market is projected to grow at a CAGR of 10.62% during the forecast period. It is estimated to be USD 7.5 billion in 2018 and is projected to reach USD 15.1 billion by 2025. The market growth is primarily driven by factors such as regulatory changes and increasing demand for the active safety system. The emergence of newer safety technologies in the automotive industry and the growing demand for electric cars have driven the automotive camera market. Added safety and convenience for the driver has been a major objective of developing camera systems. Moreover, the increasing government mandates related to active safety system are driving the automotive camera market. For instance, in May 2018, the government of Canada and the US mandated that all vehicles under 10,000 pounds must be equipped with a backup camera. Also, the US government has a voluntary agreement with many manufacturers to fit autonomous emergency braking (AEB) by 2022. European governments
Read more

Occupant Classification System Market Latest Trends and Forecast Growth Report to 2025

The global Occupant Classification System Market is projected to grow at a CAGR of 6.80% from 2018 to 2025, to reach USD 3.17 billion by 2025. The increasing awareness about safety in a vehicle has increased the demand for active and passive safety systems. As a result, the automotive industry has witnessed the increasing adoption of active and passive safety systems in a vehicle.  Passive safety systems inside the vehicle include airbags, seatbelts, whiplash protection system, and occupant classification system. Occupant protection system features such as airbags and seatbelts reduce the probability of death or severe injuries in a traffic mishap. Airbags in a vehicle have significantly improved the safety of occupants. Occupant classification system manufacturers utilize a good portion of their engineering resources to develop new products or improve existing passive safety systems for the automobile. All these developments are primarily focused on improving the overall safety of v
Read more