The analysts forecast the global automotive motors market to grow at a CAGR of 5.27% during the period 2017-2021.
Global Automotive Motors Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
The latest trend gaining momentum in the market is automotive OEMs in EVs segment covering the most levels of value chain and production of in-house electric motors. To reduce compatibility issues and the dependency on tier-1 suppliers, OEMs themselves are developing business verticals from silicon material devices to vehicles as end products.
One of the major drivers for this market is increasing demand for active safety systems. Safety systems provide regular alerts to drivers to keep them and their vehicles out of potentially hazardous situations. They prevent vehicle accidents during critical situations and protect passengers from injuries.
Various active and passive automotive safety systems are being increasingly used, as passenger safety has become a prime concern for automotive manufacturers.
Hence, automotive manufacturers are constantly focusing on improving the integration of passive safety systems with active safety systems, especially side airbags, seat belts, ABSs, advanced emergency braking systems, and night vision systems as they reduce the impact of accidents.
- Johnson Electric
Other prominent vendors
- IFB Automotive
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Research Methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by motor type
Part 07: Geographical segmentation
Part 08: Decision framework
Part 09: Drivers and challenges
Part 10: Market trends
Part 11: Vendor landscape
Part 12: Key vendor analysis
Part 13: Appendix
For more information about this report visit https://www.researchandmarkets.com/research/hs9rkn/global_automotive