Global Electric Motors For Ic Engine Vehicle Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Passenger Cars and Commercial Vehicles.

By System;

ABS Motor, Door Lock Motor, Electric Power Steering Brushed Motor, Electric Power Steering Brushless Motor, Handbrake Motor, Oil Pump Motor, and Power Lift Gate Motor.

By Geography;

North America, Europe, Asia Pacific, Middle East, and Africa & Latin America - Report Timeline (2021 - 2031).
Report ID: Rn677581096 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Electric Motors For Ic Engine Vehicle Market (USD Million), 2021 - 2031

In the year 2024, the Global Electric Motors For Ic Engine Vehicle Market was valued at USD 613.04 million. The size of this market is expected to increase to USD 921.79 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.0%.

The demand for electric motors in internal combustion engine (ICE) vehicles is steadily increasing, driven by consumers' willingness to invest in advanced in-car technologies. Features such as sunroofs, electrically operated outer rear view mirrors (ORVMs), powered seats, tailgates, and windows are becoming increasingly popular, leading to a growing need for electric motors ranging from 100W to 5KW to power these amenities.

Furthermore, there's been a notable emphasis on enhancing vehicle safety systems, spurred by government mandates and automakers' commitments to safety standards. Advanced safety features like anti-lock braking systems (ABS) and traction control, once exclusive to premium vehicles, are now becoming standard across various vehicle segments, ensuring enhanced safety for drivers and passengers.

However, the expanding market for electric and hybrid vehicles poses a significant challenge for the internal combustion engine vehicle market. The rising adoption of electric vehicles (EVs) and hybrids has reduced the demand for ICE vehicles, as these alternatives offer benefits such as reduced emissions and lower reliance on traditional fuels. Additionally, the simplified mechanical architecture of EVs, requiring fewer moving parts and motors, has emerged as a key restraining factor for the electric motors used in ICE vehicles, as the automotive industry pivots towards electrification.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By System
    3. Market Snapshot, By Region
  4. Global Electric Motors For Ic Engine Vehicle Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Rise of In-Car Features
        2. Fuel Efficiency Improvements
        3. Advancements in Electric Motor Technology
      2. Restraints
        1. Cost
        2. Limited Impact on Emissions
        3. Focus on Electric Vehicles
      3. Opportunities
        1. Mild Hybrid Electric Vehicles (MHEVs)
        2. Start-Stop TechnologyFocus on Efficiency
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. Porter's Analysis
        1. Bargaining Power of Suppliers
        2. Bargaining Power of Buyers
        3. Threat of Substitutes
        4. Threat of New Entrants
        5. Competitive Rivalry

  5. Market Segmentation
    1. Global Electric Motors For Ic Engine Vehicle Market, By Type, 2021 - 2031 (USD Million)
      1. Passenger Cars
      2. Commercial Vehicles
    2. Global Electric Motors For Ic Engine Vehicle Market, By System, 2021 - 2031 (USD Million)
      1. ABS Motor
      2. Door Lock Motor
      3. Electric Power Steering Brushed Motor
      4. Electric Power Steering Brushless Motor
      5. Handbrake Motor
      6. Oil Pump Motor
      7. Power Lift Gate Motor
    3. Global Electric Motors For Ic Engine Vehicle Market, By Geography, 2021 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Hitachi Automotive Systems LtdD
      2. Johnson Electric Holdings Limited
      3. Denso Corp
      4. Delphi Technologies
      5. Aisin Seiki Co Ltd
      6. Valeo SA
      7. Magneti Marelli SpA
  7. Analyst Views
  8. Future Outlook of the Market