Light Vehicle Electric Motors Market
Light Vehicle Electric Motors Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Light Vehicle Electric Motors Market Size and Growth
The Light Vehicle Electric Motors market is experiencing significant growth, driven by rising demand for electric vehicles and advancements in motor technology. The global market size is projected to reach approximately $25 billion by 2028, fueled by regulatory support and consumer preference for sustainable transportation solutions. Competitive dynamics are intensifying.
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Companies Covered
(Covid 19 Impact Covered)
◍ Brose Fahrzeugteile GmbH & Co.KG
◍ Denso Corporation
◍ Globe Motors
◍ Inteva Products, LLC
◍ Johnson Electric Holdings Limited
◍ Mitsuba Corporation
◍ Mitsubishi Electric Corporation
◍ Nidec
◍ Robert Bosch GmbH
The Light Vehicle Electric Motors Market features key players like Brose, Denso, Globe Motors, Inteva, Johnson Electric, Mitsuba, Mitsubishi Electric, Nidec, and Bosch. These companies innovate electric motor technology, enhance vehicle efficiency, and expand production capabilities, driving market growth. Sales revenue figures include:
- Denso: $47 billion
- Bosch: $90 billion
- Mitsubishi Electric: $40 billion.
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Market Segmentation
By Application
Passenger Car
Commercial Car
Others
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By Product
AC Motor
DC Motor
Controling Motor
AC and DC Dual-purpose Motor
Others
Market Growth
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$ X Billion USD
