Global Automotive Compact DC Motor market cagr 7.9%

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Automotive Compact DC Motor Market

Automotive Compact DC Motor Market Size and Growth

The Automotive Compact DC Motor market is poised for significant growth, driven by increasing vehicle electrification and demand for efficient power solutions. As of 2023, the market size is estimated at approximately $1.2 billion, with projected growth reflecting technological advancements and rising applications in electric and hybrid vehicles.

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Companies Covered

(Covid 19 Impact Covered)

◍ Asmo (Denso)

◍ Bosch

◍ Johnson Electric

◍ Mitsuba

◍ Brose

◍ NIDEC

◍ Valeo

◍ LG Innotek

◍ DY Corporation

◍ Mabuchi Motors

◍ MinebeaMitsumi

◍ ShengHuaBo

◍ Buhler Motor

◍ Shanghai SIIC Transportation

◍ Keyang Electric Machinery

◍ Igarashi Motors India

◍ Kitashiba Electric

The Automotive Compact DC Motor Market features companies like Asmo (Denso), Bosch, and Johnson Electric, which innovate in efficiency and miniaturization. They enhance vehicle performance and electrification. Key players diversify applications, driving market growth.

Notable revenues include Bosch ~$14 billion, Johnson Electric ~$3 billion, and Valeo ~$18 billion.

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Market Segmentation

By Application

Electric Vehicle

Fuel Vehicle

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By Product

Brushless DC Motors

Brush DC Motors

Market Growth

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$ X Billion USD

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