Japan Automotive Motors Market

Market Overview:

Japan automotive motors market size is projected to exhibit a growth rate (CAGR) of 7.02% during 2024-2032. The rising adoption of advanced safety features in automobiles, along with the widespread utilization of electric vehicles (EVs), is primarily driving the market growth.

Automotive motors consist of several key components, including a rotor, stator, encoder, conductive wiring, amplifier, and frame. These motors are known for their ability to provide substantial torque and power output while efficiently converting a significant portion of energy into mechanical power. Automotive motors offer remarkable versatility and find application across a range of vehicle types, including passenger cars, battery electric vehicles (BEVs), two-wheelers, heavy commercial vehicles (HCVs), plug-in hybrid electric vehicles (PHEVs), and hybrid electric vehicles (HEVs). They contribute to enhanced vehicle performance, safety, comfort, convenience, and security. Furthermore, due to their capacity to generate higher power and achieve greater thermal efficiency, automotive motors are widely integrated into various vehicle systems and components.

Japan Automotive Motors Market Trends:

In the context of the Japanese market, there are several factors contributing to the positive momentum of the automotive motor industry. Presently, growing environmental concerns and the increasing demand for electric vehicles (EVs) are playing a pivotal role in driving the market's expansion on a global scale. Concurrently, rising disposable incomes and changing consumer preferences for vehicles equipped with advanced safety and convenience features are spurring the demand for automotive motors within Japan. Furthermore, the widespread adoption of brushed direct current (DC) motors is notable in Japan, primarily due to their ease of speed control, cost-effectiveness, and high-power output. This adoption is contributing to a positive market outlook within the country. Additionally, various governments, including the Japanese government, are implementing policies mandating higher fuel efficiency, lower emissions, and stricter environmental standards. This aligns with the growing investments in research and development (R&D) activities and the introduction of innovative products such as compact and high-efficiency automotive motors. These innovations aim to reduce maintenance costs, enhance vehicle responsiveness, minimize overall vehicle weight, and maximize fuel efficiency, further strengthening the market's growth in Japan. Moreover, there is an increasing emphasis on the use of renewable energy sources in Japan, which aligns with the introduction of smart automotive motors capable of executing complex operations. This emphasis on sustainability and technological advancements is expected to propel the growth of the automotive motor market within Japan over the forecasted period.

Japan Automotive Motors Market Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on motor type, vehicle type, sales channel, and application.

Motor Type Insights:

• Brushed DC Motor
• Brushless DC Motor
• Stepper Motor
• Traction Motor
   

The report has provided a detailed breakup and analysis of the market based on the motor type. This includes brushed DC motor, brushless DC motor, stepper motor, and traction motor.

Vehicle Type Insights:

• Electric Vehicle
  • BEV
  • PHEV
• Non-Electric Vehicle
  • Passenger
  • LCV
  • HCV
     

A detailed breakup and analysis of the market based on the vehicle type have also been provided in the report. This includes electric vehicle (BEV and PHEV) and non-electric vehicle (passenger, LCV, and HCV).

Sales Channel Insights:

• Original Equipment Manufacturer (OEM)
• Aftermarket
   

The report has provided a detailed breakup and analysis of the market based on the sales channel. This includes original equipment manufacturer (OEM) and aftermarket.

Application Insights:

• Safety
• Comfort
• Performance
   

A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes safety, comfort, and performance.

Regional Insights:

• Kanto Region
• Kansai/Kinki Region
• Central/ Chubu Region
• Kyushu-Okinawa Region
• Tohoku Region
• Chugoku Region
• Hokkaido Region
• Shikoku Region
   

The report has also provided a comprehensive analysis of all the major regional markets, which include Kanto Region, Kansai/Kinki Region, Central/ Chubu Region, Kyushu-Okinawa Region, Tohoku Region, Chugoku Region, Hokkaido Region, and Shikoku Region.

Competitive Landscape:

The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided. Some of the key players include:

• Nidec Corporation
• Johnson Electric Holdings Limited
• Mabuchi Motor Co. Ltd.
• MinebeaMitsumi Inc.
• Mitsuba Corporation
   

(Please note that this is only a partial list of the key players, and the complete list is provided in the report.)

Japan Automotive Motors Market Report Coverage:

Key Questions Answered in This Report:

• How has the Japan automotive motors market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Japan automotive motors market?
• What is the breakup of the Japan automotive motors market on the basis of motor type?
• What is the breakup of the Japan automotive motors market on the basis of vehicle type?
• What is the breakup of the Japan automotive motors market on the basis of sales channel?
• What is the breakup of the Japan automotive motors market on the basis of application?
• What are the various stages in the value chain of the Japan automotive motors market? 
• What are the key driving factors and challenges in the Japan automotive motors?
• What is the structure of the Japan automotive motors market and who are the key players?
• What is the degree of competition in the Japan automotive motors market? 

Key Benefits for Stakeholders:

• IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the Japan automotive motors market from 2018-2032.
• The research report provides the latest information on the market drivers, challenges, and opportunities in the Japan automotive motors market.
• Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the Japan automotive motors industry and its attractiveness.
• Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.