The global automobile motor stators market is anticipated to grow at a CAGR of 6.0% during the forecast period (2022- 2028). The stator is the stationary part of an electric motor and is used primarily to keep the electrical field-aligned. The stator used in an electric motor is an electromagnet, with a coil that energizes it, when an electrical current is applied. The stator generates rotating magnetic electric field which drives the rotating armature. There is an increase in demand for electric vehicles due to environmental concerns, which in turn, is driving the growth of the market. Electric models for off road vehicles, buses and coaches and trucks is accelerating the growth of the market.
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Scope of the Automobile Motor Stators Report
The research study analyzes the Automobile Motor Stators industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
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Automobile Motor Stators Market Segmentation:
By Type
- DC Motor Type
- AC Motor Type
By Application
- OEM
- Aftermarket
Some major players in the market include Parker Hannifin Corp, Kirloskar Electric Co., and Toshiba International Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in February 2021, Nidec ASI S.p.A acquired Mitsubishi Heavy Industries Ltd., based in Japan, which deals in motors, machine tools, cutting tools, and related products. The acquisition aimed to improve the product portfolio of motors and actuators. Additionally, in 2021 BorgWarner Inc., launched HVH 320 electric motors in four variants. They are offered to light-duty passenger cars and heavy-duty commercial vehicles.
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automobile Motor Stators Market Report
- What was the Automobile Motor Stators Market size in 2021 and 2027; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Automobile Motor Stators Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Automobile Motor Stators Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Automobile Motor Stators market.
- The market share of the Automobile Motor Stators market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Automobile Motor Stators market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Automobile Motor Stators market.
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