The automotive micro motor market size has witnessed steady expansion in recent years, surging from $2.93 billion in 2024 to $3.04 billion in 2025 at a compound annual growth rate (CAGR) of 3.7%. The market growth during this period can be attributed to factors such as stringent fuel efficiency regulations, increasing consumer demand for enhanced vehicle features, favorable global economic conditions, and regulatory standards prioritizing vehicle safety.
Projections indicate that the automotive micro motor market size will continue its steady growth trajectory over the next few years, escalating to $3.63 billion in 2029 at a CAGR of 4.5%. This anticipated growth in the forecast period can be linked to the growing adoption of autonomous vehicles, the increasing focus on sustainability and eco-friendly transportation, the shift towards shared mobility services, and the integration of micro motors in emerging automotive markets. Major trends predicted for the predicted forecast period include vehicle electrification, the use of connectivity and IoT in automotive systems, the innovation of lightweight materials for improved efficiency, the incorporation of 3D printing in automotive manufacturing, and the incorporation of renewable energy sources in vehicle power systems.
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What Are The Key Drivers Behind The Automotive Micro Motor Market Growth?
One of the prime driving factors for the automotive micro motor market’s growth is the surging demand for luxury automobiles. Automotive micro motors play a critical role in operating components such as electric sunroofs, environmental purifiers, power antennas, and other specialized features. The escalating demand for luxury vehicles is expected to spur the demand for micro motors. For instance, a report published by CarExpert Pty Ltd in April 2023 highlighted that Jaguar’s F-Pace SUV was the brand’s top-selling vehicle in Australia, with 48 sales in 2023. Maserati’s Grecale SUV saw 31 units sold in 2023, while Volvo’s XC40 luxury SUV experienced an 18.7% increase in sales, with a total of 1505 units sold. Consequently, the rising demand for luxury vehicles is projected to fuel the growth of the automotive micro motor market.
What Segments Constitute The Automotive Micro Motor Market?
The automotive micro motor market report breaks down the market into the following segments:
1) By Type: AC Micro Motor, DC Micro Motor
2) By Power Consumption: 48V, 25V-48V, 12V-24V, Less than 11V
3) By Technology: Brushed, Brushless
4) By Application: Passenger Vehicle, Commercial Vehicle
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Who Are The Main Players Operating In The Automotive Micro Motor Market?
Major companies operating in the automotive micro motor market comprise Asea Brown Boveri Ltd., Buhler Motor GmbH, Constar Micro Motor Co. Ltd., Johnson Electric, Nidec Corporation, Robert Bosch GmbH, Denso Corporation, Mabuchi Motors Co. Ltd., Asmo Co. Ltd., Brose Ltd., Mahle GmbH, Panasonic Corporation, Shihlin Electric and Engineering Corporation, IFB Automotive Private Ltd., Maxon Motor GmbH, Mitsuba Corporation, Valeo Group, Continental AG, Siemens AG, BorgWarner Inc., AMETEK Inc., Hitachi Automotive Systems Ltd., Toshiba Corporation, Delphi Technologies, Magna International Inc., Prestolite Electric Inc., Ford Electric Company, Mitsubishi Electric Corporation, Sumitomo Electric Industries Ltd., and Micromo Electronics Inc.
What Emerging Trends Are Influencing The Automotive Micro Motor Market?
Major companies operating in the automotive micro motor market are venturing into designing technologically advanced products, such as magnet-free compact motors, to boost thermal performance and reduce environmental impact. For instance, in September 2023, ZF Friedrichshafen AG, a Germany-based technology company, launched a magnet-free, compact electric motor that integrates an inductive current transmission unit within the rotor, promoting an ultra-compact electric motor design. The new motor achieves performance metrics comparable to permanent magnet synchronous machines (widely used in electric vehicles today). The design’s main advantages include the absence of magnets and rare earth materials, enhancing supply security and promoting better sustainability and efficiency.
Which Region Holds the Largest Share in the Automotive Micro Motor Market?
Asia-Pacific emerged as the largest region in the automotive micro motor market in 2024. The report covers the following regions: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Automotive Micro Motor Market Report 2025 Offer?
Automotive micro motors are compact, lightweight motors that are simple to operate, demonstrating low power consumption and minimal electromagnetic interference. These attributes make them ideal for use in tight, complicated locations with limited power budgets, such as modern electronic and electrical systems. Such motors convert electrical energy into mechanical energy in the automotive industry. The Automotive Micro Motor Market research report from The Business Research Company offers a comprehensive examination of the global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
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