Automobile Rotor Stator Market Size - By Type (AC Type and DC Type), By Vehicle Type, By Material, By Application & By Distribution Channel: Global Forecast By 2033
- PUBLISHED ON
- 2024-10-10
- NO OF PAGES
- 280
- CATEGORY
- Automotive & Transportation
Market Overview
Automobile Rotor Stator Market is projected to achieve a value of USD 12,042.6 Million in 2023, with a linear behavior in the market growth it is forecasted to achieve a value of USD 23,877.6 Million by 2033 with a CAGR of 8.4% during the forecast period 2023-2033.
An automobile
rotor and stator are components commonly found in an alternator, which is an
essential part of a vehicle's electrical system. These components work together
to generate electrical power and charge the vehicle's battery while the engine
is running.
Some Key Findings From Automobile Rotor Stator Market Consumer
Surveys Conducted:
·
Consumers are increasingly
aware of the importance of the rotor stator in electric motors. The survey
found that 80% of consumers are aware that the rotor stator is one of the most
important components of an electric motor.
·
Consumers are willing to pay a
premium for high-quality rotor stator. The survey found that 60% of consumers
are willing to pay a premium for rotor stator that are made with high-quality
materials and are built to last.
·
Consumers are looking for rotor
stator that are made by reputable brands. The survey found that 70% of
consumers prefer to purchase rotor stator from reputable brands.
·
Consumers are interested in new
and innovative rotor stator designs. The survey found that 50% of consumers are
interested in new and innovative rotor stator designs that can improve the
performance and efficiency of electric motors.
Market Scope
|
Report Attributes |
Description |
|
Market Size in 2022 |
USD 12,042.6 Million |
|
Market Forecast in 2033 |
USD 23,877.6 Million |
|
CAGR % 2023-2033 |
8.4% |
|
Base Year |
2022 |
|
Historic Data |
2016-2022 |
|
Forecast Period |
2023-2033 |
|
Report USP |
Production,
Consumption, company share, company heatmap, company production capacity,
growth factors and more |
|
Growth Driver |
Rise in the adoption of Electric
Power Steering (EPS) Growing Consumer Demand for Enhanced Features Increasing focus on cost reduction |
|
Segments Covered |
Type, Vehicle
type, application, Material and Distribution Channel |
|
Regional Scope |
North America, Europe, APAC,
South America and Middle East and Africa |
|
Country Scope |
U.S.; Canada;
U.K.; Germany; France; Italy; Spain; Benelux; Nordic Countries; Russia;
China; India; Japan; South Korea; Australia; Indonesia; Thailand; Mexico;
Brazil; Argentina; Saudi Arabia; UAE; Egypt; South Africa; Nigeria |
|
Key Companies |
SL Montevideo Technology, Ashland
Electric Products, ATS, Electric Motor Coil, Laser Technologies, Moog, NOVAK,
R.Bourgeois Group, Stator Systems, Swiger Coil Systems, Tempel, Brembo S.p.A,
ZF Friedrichshafen AG, Aisin Seiki Co., Ltd., DENSO Corporation, Mitsubishi
Electric Corporation |
Market Dynamics
Increasing
demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs): EVs and
HEVs use electric motors to propel the vehicle, and the rotor and stator are
two of the most important components of an electric motor. The increasing
demand for EVs and HEVs is fueling the growth of the automobile rotor stator
market.
Government
initiatives to promote the adoption of EVs and HEVs: Many governments around the
world are offering incentives to consumers and businesses to purchase EVs and
HEVs. This is increasing the demand for these vehicles, and in turn, the demand
for automobile rotor stator.
Technological
advancements in rotor and stator manufacturing: Companies are investing heavily
in research and development to develop new and innovative rotor and stator
designs that can improve the performance and efficiency of electric motors.
This is driving the growth of the automobile rotor stator market.
The cost of raw
materials such as copper and steel has been increasing in recent years. This is
driving up the cost of manufacturing automobile rotor stator, which could
restrain the growth of the market.
The
manufacturing process of automobile rotor stator is complex and requires
specialized skills and equipment. This could limit the number of companies that
can produce high-quality rotor stator, which could restrain the growth of the
market.
Many consumers
are not aware of the importance of the rotor stator in electric motors. This
could lead to lower demand for automobile rotor stator, which could restrain
the growth of the Automobile Rotor Stator market.
Other electric
motor components, such as bearings and magnets, are also becoming more
efficient and affordable. This could lead to increased competition for
automobile rotor stator, which could restrain the growth of the market.
Market Type Analysis
The AC type rotor stator is expected to
dominate the automobile rotor stator market in terms of market share of around
75% in 2022, followed by the DC type rotor stator.
The AC type rotor stator is used in
electric motors that are powered by alternating current (AC). AC type rotor
stators are widely used in electric vehicles (EVs) and hybrid electric vehicles
(HEVs), as well as in other automotive applications such as power steering
pumps and electric fans.
The DC type rotor stator is used in
electric motors that are powered by direct current (DC). DC type rotor stators
are typically used in low-voltage and low-power applications, such as starter
motors and windshield wipers.
The market share of the AC type rotor
stator is expected to increase in the coming years, due to the increasing
demand for EVs and HEVs. The market share of the DC type rotor stator is
expected to remain relatively stable during the forecast period.
Market Vehicle Type Analysis
The passenger
car segment is expected to account for the largest market share around 60% of
the automobile rotor stator market in terms of vehicle type during the forecast
period, followed by the commercial vehicle segment and the electric vehicle
segment.
Passenger cars
are the most common type of vehicle in the world, and they are also the most
likely type of vehicle to be electrified in the coming years. This will drive the
growth of the automobile rotor stator market in the passenger car segment.
Commercial
vehicles are also becoming increasingly electrified, as businesses are looking
to reduce their operating costs and emissions. This is expected to drive the
growth of the market in the commercial vehicle segment.
The electric
vehicle segment is the fastest-growing segment of the Automobile Rotor Stator
market. This is due to the increasing demand for electric vehicles around the
world.
Market Application Analysis
The original
equipment manufacturer (OEM) segment is expected to account for the largest
market share around 70% of the automobile rotor stator market in terms of
application during the forecast period, followed by the aftermarket segment.
The OEM segment
includes vehicle manufacturers that use rotor stator in their vehicles. The
aftermarket segment includes companies that sell and service rotor stator for
existing vehicles.
The OEM segment
is expected to continue to dominate the automobile rotor stator market in the
coming years, due to the increasing demand for electric vehicles. Electric
vehicles use more rotor stator than traditional gasoline-powered vehicles.
The aftermarket
segment is expected to grow at a faster pace than the OEM segment in the coming
years. This is due to the increasing number of electric vehicles on the road
and the need to replace worn-out rotor stator in existing vehicles.
Market Regional Analysis
The Asia Pacific
region is expected to account for the largest market share around 40% of the
automobile rotor stator market in terms of region during the forecast period,
followed by North America and Europe.
The Asia Pacific
region is the largest market for automobiles in the world, and it is also the
fastest-growing market for electric vehicles. This is driving the growth of the
automobile rotor stator market in the region.
North America
and Europe are also major markets for automobiles and electric vehicles.
However, the growth of the automobile rotor stator market in these regions is
expected to be slower than the growth of the market in the Asia Pacific region.
Competitive Analysis
Nidec
Corporation, Denso Corporation, and Bosch are the three largest players in the Automobile
Rotor Stator market, with a combined market share of over 23%. Other leading
players, such as Continental AG, Valeo, and Siemens AG, likely have market
shares in the single digits.
By Type
·
AC Type
·
DC Type
By Vehicle Type
·
Passenger Cars
·
Commercial Vehicles
·
Electric Vehicles
By Application
·
OEM
·
Aftermarket
By Material
·
Copper
·
Aluminum
·
Others
By Distribution Channel
·
Direct Sales
·
Distributor/Wholesaler
· Online Retail
1. Global Automobile Rotor Stator Market Introduction and Market
Overview
1.1.
Objectives of the Study
1.2.
Global Automobile Rotor Stator
Market Scope and Market Estimation
1.2.1.Global Automobile
Rotor Stator Overall Market Size, Revenue (US$ Mn) and Volume (Units), Market
CAGR (%), Market forecast (2023 - 2033)
1.2.2.Global Automobile
Rotor Stator Market Revenue Share (%) and Growth Rate (Y-o-Y) from 2019 - 2033
1.3.
Market Segmentation
1.3.1.Type of
Global Automobile Rotor Stator Market
1.3.2.Vehicle
Type of Global Automobile Rotor Stator Market
1.3.3.Application
of Global Automobile Rotor Stator Market
1.3.4.Material
of Global Automobile Rotor Stator Market
1.3.5.Distribution
Channel of Global Automobile Rotor Stator Market
1.3.6.Region
of Global Automobile Rotor Stator Market
2. Executive Summary
3. Market Factor Analysis
3.1.
Global Automobile Rotor Stator
Market Industry Trends under COVID-19 Outbreak
3.1.1.Global
COVID-19 Status Overview
3.1.2.Influence
of COVID-19 Outbreak on Global Automobile Rotor Stator Market Industry Development
3.2. Market Dynamics, By Region
3.2.1.Drivers
3.2.2.Limitations
3.2.3.Opportunities
3.2.4.Impact
Analysis of Drivers and Restraints
3.3. Ecosystem Analysis
3.3.1.Manufacturers
/ Vendors
3.3.2.Distributors
3.3.3.Buyers /
End-users
3.3.4.Forward
Integration & Backward Integration of Key Stakeholders
3.4. Global Automobile Rotor
Stator Market - Pricing Trends Analysis & Average Selling Prices (ASPs)
3.5. Technology Roadmap &
Key Innovations /Developments
3.6. Porter’s Five Forces
Analysis
3.6.1.Bargaining
Power of Suppliers
3.6.2.Bargaining
Power of Buyers
3.6.3.Threat
of Substitutes
3.6.4.Threat
of New Entrants
3.6.5.Competitive
Rivalry
3.7. PEST Analysis
3.7.1.Political
Factors
3.7.2.Economic
Factors
3.7.3.Social
Factors
3.7.4.Technological
Factors
3.8. ANSOFF Matrix
3.8.1.Market Penetration
Strategy
3.8.2.Product Type
Development Strategy
3.8.3.Market
Development Strategy
3.8.4.Diversification
Strategy
3.9. Automobile Rotor Stator Production
Capacity, by Major Countries
3.10. Russia-Ukraine War Impacts
Analysis
3.11. Economic Downturn Analysis
3.12. Energy Crisis Analysis
3.13. Market Investment
Opportunity Analysis (Top Investment Pockets), By Segments & By Regions
4. Global Automobile Rotor
Stator Market Estimates & Forecast Trend Analysis, by Type
4.1.
Global Automobile Rotor Stator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Type, 2019
to 2033
4.1.1.AC Type
4.1.2.DC Type
5. Global Automobile Rotor
Stator Market Estimates & Forecast Trend Analysis, by Vehicle Type
5.1.
Global Automobile Rotor Stator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Vehicle
Type, 2019 to 2033
5.1.1.Passenger
Cars
5.1.2.Commercial
Vehicles
5.1.3.Electric
Vehicles
6. Global Automobile Rotor
Stator Market Estimates & Forecast Trend Analysis, by Application
6.1.
Global Automobile Rotor Stator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Application,
2019 to 2033
6.1.1.OEM
6.1.2.Aftermarket
7. Global Automobile Rotor
Stator Market Estimates & Forecast Trend Analysis, by Material
7.1.
Global Automobile Rotor Stator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Material,
2019 to 2033
7.1.1.Copper
7.1.2.Aluminum
7.1.3.Others
8. Global Automobile Rotor
Stator Market Estimates & Forecast Trend Analysis, by Distribution Channel
8.1.
Global Automobile Rotor Stator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Distribution
Channel, 2019 to 2033
8.1.1.Direct
Sales
8.1.2.Distributor/Wholesaler
8.1.3.Online
Retail
9. Global Automobile Rotor
Stator Market Estimates & Forecast Trend Analysis, by Region
9.1.
Global Automobile Rotor Stator
Market Revenue (US$ Mn) and Volume (Units) Estimates and Forecasts, by Region, 2019
to 2033
9.1.1.North
America
9.1.2.Europe
9.1.3.Asia
Pacific
9.1.4.Middle East & Africa
9.1.5.South
America
10. North America Automobile Rotor Stator Market: Estimates & Forecast Trend Analysis
10.1. North America Automobile Rotor Stator Market Assessments & Key
Findings
10.1.1.
Automobile Rotor Stator Market
Introduction
10.1.2.
Automobile Rotor Stator Market Size
Estimates and Forecast (US$ Million & Units) (2019 to 2033)
10.1.2.1.
By Type
10.1.2.2.
By Vehicle Type
10.1.2.3.
By Application
10.1.2.4.
By Material
10.1.2.5.
By Distribution Channel
10.1.2.6.
By Country
10.1.2.6.1. The U.S.
10.1.2.6.2. Canada
10.1.2.6.3. Mexico
11. Europe Automobile Rotor Stator Market: Estimates & Forecast Trend Analysis
11.1. Europe Automobile Rotor Stator Market Assessments & Key Findings
11.1.1.
Automobile Rotor Stator Market
Introduction
11.1.2.
Automobile Rotor Stator Market Size
Estimates and Forecast (US$ Million & Units) (2019 to 2033)
11.1.2.1.
By Type
11.1.2.2.
By Vehicle Type
11.1.2.3.
By Application
11.1.2.4.
By Material
11.1.2.5.
By Distribution Channel
11.1.2.6.
By Country
11.1.2.6.1. Germany
11.1.2.6.2. U.K.
11.1.2.6.3. France
11.1.2.6.4. Italy
11.1.2.6.5. Spain
11.1.2.6.6. Russia
11.1.2.6.7. Rest of Europe
12. Asia Pacific Automobile Rotor Stator Market: Estimates & Forecast Trend Analysis
12.1. Asia Pacific Market Assessments & Key Findings
12.1.1.
Automobile Rotor Stator Market
Introduction
12.1.2.
Automobile Rotor Stator Market Size
and Volume Estimates and Forecast (US$ Million & Units) (2019 to 2033)
12.1.2.1.
By Type
12.1.2.2.
By Vehicle Type
12.1.2.3.
By Application
12.1.2.4.
By Material
12.1.2.5.
By Distribution Channel
12.1.2.6.
By Country
12.1.2.6.1. China
12.1.2.6.2. Japan
12.1.2.6.3. India
12.1.2.6.4. Australia
12.1.2.6.5. South Korea
12.1.2.6.6. ASEAN
12.1.2.6.7. Rest of Asia Pacific
13. Middle East & Africa Automobile Rotor Stator Market: Estimates & Forecast Trend Analysis
13.1. Middle East & Africa Market Assessments & Key Findings
13.1.1.
Automobile Rotor Stator Market
Introduction
13.1.2.
Automobile Rotor Stator Market Size
and Volume Estimates and Forecast (US$ Million & Units) (2019 to 2033)
13.1.2.1.
By Type
13.1.2.2.
By Vehicle Type
13.1.2.3.
By Application
13.1.2.4.
By Material
13.1.2.5.
By Distribution Channel
13.1.2.6.
By Country
13.1.2.6.1. U.A.E.
13.1.2.6.2. Saudi Arabia
13.1.2.6.3. Egypt
13.1.2.6.4. South Africa
13.1.2.6.5. Rest of Middle East & Africa
14. South America Automobile Rotor Stator Market: Estimates & Forecast Trend Analysis
14.1. South America Market Assessments & Key Findings
14.1.1.
Automobile Rotor Stator Market
Introduction
14.1.2.
Automobile Rotor Stator Market Size
and Volume Estimates and Forecast (US$ Million & Units) (2019 to 2033)
14.1.2.1.
By Type
14.1.2.2.
By Vehicle Type
14.1.2.3.
By Application
14.1.2.4.
By Material
14.1.2.5.
By Distribution Channel
14.1.2.6.
By Country
14.1.2.6.1. Brazil
14.1.2.6.2. Argentina
14.1.2.6.3. Colombia
14.1.2.6.4. Rest of South America
15.
Competition Landscape
15.1. Automobile Rotor Stator Market Competition Matrix &
Benchmarking, by Leading Players / Innovators / Emerging Players / New Entrants
15.2. Automobile Rotor Stator Market Competition White Space Analysis, By Distribution
Channel / End-use
15.3. Automobile Rotor Stator Market Competition Regional Intensity Map
Analysis, By Geographies Served
15.4. Automobile Rotor Stator Market Concentration & Company Market
Shares (%) Analysis, 2022
16.
Company Profiles
16.1.
SL
Montevideo Technology
16.1.1.
Company Overview & Key
Stats
16.1.2.
Financial Performance &
KPIs
16.1.3.
Product Portfolio
16.1.4.
Business Strategy & Recent
Developments
*
Similar details would be provided for all the players mentioned below
16.2.
Ashland
Electric Products
16.3.
ATS
16.4.
Electric
Motor Coil
16.5.
Laser
Technologies
16.6.
Moog
16.7.
NOVAK
16.8.
R.Bourgeois
Group
16.9.
Stator
Systems
16.10.
Swiger
Coil Systems
16.11.
Tempel
16.12.
Brembo
S.p.A
16.13.
ZF
Friedrichshafen AG
16.14.
Aisin
Seiki Co., Ltd.
16.15.
DENSO
Corporation
16.16.
Mitsubishi
Electric Corporation
16.17.
Others**
17.
Research Methodology
17.1.
External Vehicle
Types / Databases
17.2.
Internal
Proprietary Database
17.3.
Primary
Research
17.4.
Secondary
Research
17.5.
Assumptions
17.6.
Limitations
17.7.
Report
FAQs
18. Research Findings & Conclusion
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The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2033.
Frequently Asked Questions
What is the Global Automobile Rotor Stator market value?
Global Automobile Rotor Stator market was valued at USD 12,042.6 Million in 2022 and is estimated to reach value of 23,877.6 million by 2033.
Which are the upcoming countries within the Automobile Rotor Stator market?
China, Japan, India, Spain, Brazil, France and Italy are the fastest growing countries within the global market.
Who are the key competitors of market Players?
Nidec Corporation, Denso Corporation, and Bosch are the top 3 companies in the market.
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