Global Automotive Micro Motors Market Size, Share, Trends, Growth, and Industry Analysis, By Technology (Brushed Micromotor, Brushless Micromotor), By Type (AC, DC), By Power Consumption (Below 11 V, 12 – 24 V, 25 – 48 V, above 48 V), By Application (Power Window Motor, Wiper Motor, Seat Adjustment Motor, Heating, Ventilation, and Air Conditioning (HVAC) Motor, Power Steering Motor), Regional Analysis, Competitor Analysis and Forecast 2024-2032.
Global Automotive Micro Motors market size was USD 17.26 billion in 2023 and the market is projected to touch USD 25 billion by 2032, at a CAGR of 4 % during the forecast period. The global automotive micromotors market is experiencing rapid growth due to factors such as the government’s aggressive promotion of electric vehicles to reduce carbon emissions, consumers’ growing preference for…