market-analysis-innovation

  • Power train and chassis generated the highest revenue and were accounted for 53% of market revenues in 2014.
  • Market demand for adaptive headlights and door mirrors is increasing rapidly and presents a positive growth opportunity for motor manufacturers supplying motors for those applications.

market-breakdown

  • The worldwide revenue for electric motors in automotive applications is expected to increase to over $30 billion in 2019, up from $26 billion in 2014.
  • In 2014, approximately 69.2% of electric motors in automotive applications were DC brushed and 13.8% were DC brushless.

forecast

Key Competitors

key-competitors