DC Brush Motor for Vehicle Market Trends：the global market size is projected to grow from USD 14568 million in 2023 to USD 16698 million by 2029

Brushed DC motors are the traditional solution for driving most electrical convenience functions in automotive bodies. Since the brushes provide the commutation function, these motors are simple and relatively inexpensive to drive. At present, the vast majority of automotive micromotors are DC brushed motors.

According to the new market research report "DC Brush Motor for Vehicle - Global Market Insights and Sales Trends 2024", published by QYResearch, the global DC Brush Motor for Vehicle market size is projected to grow from USD 14568 million in 2023 to USD 16698 million by 2029, at a CAGR of 2.3% during the forecast period.

• Global DC Brush Motor for Vehicle MarketSize(US$ Million), 2018-2029

Source: QYResearch, "DC Brush Motor for Vehicle - Global Market Insights and Sales Trends 2024”

• Global DC Brush Motor for Vehicle Top15Players Ranking and Market Share (Ranking is based on the revenue of 2022, continually updated)

Source: QYResearch, "DC Brush Motor for Vehicle - Global Market Insights and Sales Trends 2024”

According to QYResearch Top Players Research Center, the global key manufacturers of DC Brush Motor for Vehicle include Asmo (Denso), Johnson Electric, NIDEC, Mitsuba, Brose, Mabuchi Motors, DY Corporation, LG Innotek, MinebeaMitsumi, Keyang Electric Machinery, etc. In 2022, the global top five players had a share approximately 56.8% in terms of revenue.

• DC Brush Motor for Vehicle,Global Market Size, Split by Product Segment

Source: QYResearch, "DC Brush Motor for Vehicle - Global Market Insights and Sales Trends 2024”

In terms of product type, Drive Train is the largest segment, hold a share of 32%,

• DC Brush Motor for Vehicle,Global Market Size, Split by ApplicationSegment

Source: QYResearch, "DC Brush Motor for Vehicle - Global Market Insights and Sales Trends 2024”

In terms of product application, Passenger Vehicle is the largest application, hold a share of 88%,

Market Drivers:

Key driving factors for the automotive DC motor market include the growing market for electric vehicles and increasing focus on vehicle efficiency. As global attention to environmental sustainability continues to increase, the market size of electric vehicles, as representatives of clean energy transportation, is rapidly expanding. Automotive DC motors are one of the key components of electric vehicles and are popular for their high efficiency, compact design and reliability.

Restraint:

The main obstacles facing the automotive DC motor market include technological limitations, cost pressures and energy transition challenges.

Opportunity:

The automotive DC motor market faces a wide range of opportunities, mainly due to the rapid development of the automotive industry and the rise of electric vehicles. With the increasing environmental awareness and restrictions on traditional fuel vehicles, the demand for electric vehicles has grown rapidly, which in turn has promoted the demand for vehicle DC motors.

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