Automotive Motors Market Size, Share, and Trends 2025 to 2034

Automotive Motors Market Size and Forecast 2025 to 2034

The global automotive motors market size was accounted for USD 30.64 billion in 2024, and is expected to reach around USD 47.88 billion by 2034, expanding at a CAGR of 4.57% from 2025 to 2034. The automotive motors market is expanding due to increasing due to increasing sales of electric vehicles across the globe to reduce carbon emission is the key driver for the market’s growth.

Automotive Motors Market Key Takeaways

• Asia-Pacific region contributed a revenue share of over 44% in 2024.
• By type, the DC brushed motors segment contributed the highest revenue share of over 44% in 2024.
• By vehicle type, the passenger cars segment hit 39% revenue share in 2024.
• By function, the comfort & convenience segment held 54% revenue share in 2024.

AI impact

The automotive industry has undergone a significant transformation over the couple of years with technological advancements fueling at an unprecedent pace. AI integration into automotive market is significantly impacting from vehicle design, manufacturing and safety of the driving. AI-based sensors,cameras,Lidar and Radar systems enable vehicles to acknowledge their surroundings and make decisions based on this gathered data. AI driven features like emergency braking system, lane departure warnings, adaptive cruise control and parking assistance are some of the major AI powered features fueling the market's growth.

AI based predictive Maintenace can analyze vast amount of data from sensors and vehicle systems thus, AI model is able to predict potential failure of components offering proactive Maintenace which further reduces downtime. In addition, LLM models can be used to build a suggested engine which suggested particular car models for consumers preference and needs.

Asia Pacific Automotive Motors Market Size and Growth 2025 to 2034

The Asia Pacific automotive motors market size was estimated at USD 13.48 billion in 2024 and is predicted to be worth around USD 21.31 billion by 2034, at a CAGR of 4.69% from 2025 to 2034.

On the basis of geography, the region of Asia Pacific has emerged as the largest market due to the increasing demand of better engines and performance pertaining to the rapidly increasing disposable income available with the people. The region of Europe has also recorded a significant growth over the period of years owing to the increasing demand for advanced facilities.

The North America region has emerged as a significant market for the growth of the automotive motor vehicles due to the increasing demand of advanced technologies and vehicles among the people. The rapid acceptance to technological development in this sector has boosted the demand for better performance and economy. The rapidly increasing demand for advanced features in the high-end vehicles has also emerged as a major growth factor for the market in this particular region. Increasing demand for a premium experience while driving a motor vehicle has increased the demand for better engines and motors that produce minimum amount of noise and give out maximum power.

Market Overview

Motors are the most important part of any vehicle which helps in performing the various operations in a smooth manner. It is very significant for the constant rotational motion in the vehicles. motors are used in different types of applications of the vehicles. It is used in the fans of the seat cooling, motors of the power steering motors of the power window, wiper system and the fans utilized in cooling the engine. Due to the outbreak of the COVID-19 pandemic there was a negative impact on the automotive market. 

The manufacturing of the vehicles had stopped. due to the lack of the skilled labor the growth of the market was hampered. There are many factors that have led to the growth of the market like the increase in the need for low emissions, increased purchasing power which has created more demand for comfort and safety features. ABS and ESC are some of the safety systems which will create more demand for the electric motors. 

Automotive Motors Market Growth Factors

• Consumers inclination towards advanced safety features like anti-lock braking system, airbags, electronic stability control is expanding the market globally.
• Continuing advancements in motor design and manufacturing processes by automotive manufacturers is a growing factor for the market.
• Current vehicle manufacturers are increasingly incorporating advanced driver assisted systems-ADAS in their vehicles.
• Introduction of the advanced infotainment and adoption of these systems in vehicle manufacturing fueling the markets growth.
• Increasing use of electronics components in vehicles, propelling the markets growth.

Automotive Motors Market Scope

Market Dynamics

Market Drivers

• Mandatory safety systems in cars- Remove and to various regions especially the developed regions And the developing countries have made it mandatory to install the safety systems in different passenger cars in order to ensure the safety of the passenger as well as the driver. It helps in avoiding the accidents that could lead to fatalities or major injuries. As the government has made it mandatory to install these safety systems in the cars there shall be a growth in the demand for the ABS and ESC systems in the passenger cars. 
• growing demand for luxury vehicles- There has been a growth in the demand for the luxury cars across various regions in the world the demand for the automotive motors is expected to grow especially in the countries like India as well as China.
• Improved standard of living- Increased per capita income and dual income households in many developing nations across the world across the world across the world across the world has led to a growth in the demand for the automotive motors in the recent years. has led to a growth in the demand for the automotive motors in the recent years. has led to a growth in the demand for the automotive motors in the recent years. has led to a growth in the demand for the automotive motors in the recent years.
• Change in the preferences- In the recent years it has been seen that the consumers across the world seek better products and the demand for the premium cars has increased across the world due to which the market is expected to grow well in the coming years.

Market Challenges

• Environmental norms- The presence of stringent policies or norms related to the environment is one of the restraining factor for the growth of the market.
• Fuel efficiency- Consumers seek vehicles that provide better efficiency in terms of mileage and the vehicles that emit less harmful gases. the demand for lightweight materials has increased in order to reduce the weight of the cars due to which it will provide better efficiency.
• Growing competition- The existing competition in the automotive motors market makes the pricing of various vehicles extremely crucial, cost optimization is a challenge in the market especially when it comes to the premium cars.
• Commercialization of the automotive's- Mutualization of the premium cars or vehicles which are equipped with the advanced technologies is extremely difficult at times do to which the market growth will be hampered in the coming years.

Market Opportunities

Growing demand for the electric vehicles

• As far as we know growth in the demand for the electric vehicles in order to address the councils of the climate change and increasing rates of pollution will help in the growth of the automotive motors market during the forecast period. Increase in the sales of electric vehicles will lead to the growth of the market during the forecast period. There has been no growth in the need for the vehicles that provide fuel efficiency. As the prices of diesel as well as petrol have increased to a great extent the demand for electric vehicles will continue to grow in the coming years and provide maximum opportunities for the growth of the market.

Increase in the number of initiatives taken by the government

• The government of various developing as well as the developed economies are adopting stringent policies or taking major initiatives in order to promote the sales of electric vehicles or bagels that provide better fuel efficiency and they shall also provide good opportunities for the growth of the market in the coming years period

Motor Insights

On the basis of type of motor, the segment of brushless motors has emerged as the largest market due to the increasing demand among the potential consumers. The increasing demand of these varieties among the automotive industries has boosted the demand for such applications with a view to provide maximum torque along with a decent speed which attracts the potential consumers.

The durability of such motors is experience to be better as compared to the other varieties available in the market. Most of the functions belonging to the vehicle or managed with the help of these motors.

Vehicle Type Insights

The passenger car segment is expected to have the largest market share in the coming year. This segment had a greater share in the past in terms of revenue and it will continue to grow well in the coming years period rapid globalization is one of the reasons that will lead to an increase in the demand for the passenger cars. As the disposable income of various consumers across the world have increased there has been no increase in the demand for these passenger cars. Increasing demand for the fuel-efficient vehicles will also lead to a growth in the market. Constant research and development in the field have provided advanced technologies that will help in the growth of the market in the coming years.

Technology Insights

By technology, the Pulse-width modulation (PWM) segment accounted for a considerable share of the market. Pulse-width modulation is currently the most efficient method to regulate the power supply to the engine without a lot of energy loss. The higher accuracy and unique benefits of pulse-width modulation is the reason for the segment’s market share. 

By technology, the direct torque control segment is predicted to witness significant growth in the market over the forecast period. Direct torque technology is most commonly used in electric vehicles to control traction in an engine design. This direct control allows for less energy loss and higher fuel efficiency. The technology is being widely implemented in electric vehicles, which is expected to sustain growth in the 

Function Insights

By function, the comfort and convenience segment led the global market. The growing consumer preference for comfort and the associations of luxury with convenience as well as an increase in disposable income is leading to high demand in the sector. Growing consumer demand for comfort and convenience is also leading to market expansion for this segment. 

The performance segment is anticipated to grow with the highest CAGR in the market during the studied years.  Performance-based cars are driving market growth as they help make vehicle operations such as steering, braking and others more efficient.

Application Insights

On the basis of application, power antenna motor segment is expected to have the largest market share in the coming years. These antennas are used in the cars for the radio. Electric and manual operation of the power antennas will lead to the growth of the market in the coming years. Round coil, electric components, gear assembly, DC motor, connections are their different things that are required in the making of the power antenna. But many of these antennas are not provided in the cars as the radio used for entertainment or other purpose is not required to that extent as it was required previously. Connected systems and smart systems has provided better safety as well as comfort to the consumers do to which the market will grow well in the coming years.

Automotive Motors Market Companies

• Continental AG (Germany)
• Nidec Corporation (Japan)
• Robert Bosch GmbH (Germany)
• Denso Corporation (Japan)
• Mitsubishi Electric Corporation (Japan). Siemens AG (Germany)
• Borgwarner Inc. (U.S.)
• Mitsuba Corporation (Japan)
• Magna International (Canada)
• Valeo S.A. (France)

Recent developments

• In June 2024, Nidec corporation unveiled the development of a new air suspension motor by Nidec motor Ltd, which is Chinese branch of company. The new motor has features like compact design, high power, long lifetime and easy start plus response time.
• In August 2023, MAHLE launched the design of perfect motor by leveraging the strengths of superior continuous torque and magnet free contactless transmitter electric motors. This system is expected to offer constant high peak power, contact less power transmission and other benefits.

Segments covered in the report

By Application

• Power Antenna Motor
• Alternator
• Electric Parking Brake 
• Fuel pump Motor
• Sunroof Motor
• Wiper Motor
• Starter Motor
• Electric Power Steering
• Engine Cooling Fan

By Vehicle Type

• Heavy Commercial Vehicles
• Passenger Cars
• Electric two-Wheeler
• Light Commercial Vehicle
• Two-Wheeler
• Plug in Hybrid Electric Vehicle
• Battery Electric Vehicle

By Technology

• Pulse-width modulation (PWM)
• Direct torque control (DTC)
• Others

By Function

• Performance
• Comfort & Convenience
• Safety & Security

By Motor Type

• Stepper Motor
• Brushless DC Motor
• DC brushed Motor
• Traction Motor

By Geography

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• France
• Asia-Pacific
• China
• India
• Japan
• South Korea
• Malaysia
• Philippines
• Latin America
• Brazil
• Rest of Latin America
• Middle East & Africa (MEA)