Global Automotive Motors Market Outlook and Forecast till 2023-2030.

According to Qualiket Research, The Global Automotive Motors Market size is estimated to be USD 23.0 billion in 2022 and is projected to reach USD 28.7 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period, 2022 – 2027.

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Market Drivers:

The Global Automotive Motors market delivers a comprehensive evaluation of the market. It does give a comprehensive analysis via research study which observes historical data amp; emerging technology to determine the industry’s growth drivers.

The growth of the Automotive Motors Market is attributed to the factors such as, increasing consumer spending on safety amp; comfort features in automobiles, rising demand for low emission ICE vehicles amp; the growing trend of electrification of automobiles along with the growing demand for premium vehicles. The global recovery from the Covid-19 pandemic is also a major factor leading to a stable growth in demand for these motors.

Key players:

·?????? Bosch

·?????? BorgWarner

·?????? ZF Group

·?????? Continental AG

·?????? AFRICA

·?????? BORGWARNER INC

·?????? Denso Corporation

·?????? INTEVA Products, LLC

·?????? Johnson Electric Holdings Limited

·?????? Bühler Motor GmbH

·?????? Magna International Inc

·?????? Valeo.

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