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Report overview
The global Automotive Blower Motor market was valued at US$ 12020 million in 2022 and is projected to reach US$ 13100 million by 2029, at a CAGR of 1.2% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The blower motor is an important part of the automobile heat dissipation and air conditioning system (HVAC). Its function is to promote the air flow inside the air duct of the air conditioning system to realize the air circulation and the exchange of cold and warm air between the outside and the interior of the car.
This report aims to provide a comprehensive presentation of the global market for Automotive Blower Motor, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Blower Motor. This report contains market size and forecasts of Automotive Blower Motor in global, including the following market information:
In terms of product type and technology, the output of brushed motors accounts for much more than brushless motors. In 2019, brushed motors accounted for about 79.99%, and brushless motors accounted for 20.01%.
From the perspective of product market applications, the application ratio of passenger cars is higher than that of commercial vehicles. In 2019, passenger vehicles accounted for 71.56% and commercial vehicles accounted for 28.44%. It is estimated that in 2026, the proportion of passenger cars will decrease to 70.24%, and the proportion of commercial vehicles will increase to 29.76%.
The automotive blower motor market is very fragmented, especially in the aftermarket. At present, major global manufacturers include Brose, Valeo, Hyoseong Electric, Marelli Corporation, Denso, Delphi (BorgWarner), Nidec, Continental, Standard Motor Products (SMP), Bosch, ACDelco, TYC Genera, Lucas TVS, Kitashiba Electri, Zhejiang Matsuda Motor Motors System, the top 5 manufacturers accounted for more than 9% in 2019, and it is expected that industry competition will become more intense in the next few years.
We surveyed the Automotive Blower Motor manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Automotive Blower Motor Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Blower Motor Market Segment Percentages, by Type, 2022 (%)
Global Automotive Blower Motor Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Blower Motor Market Segment Percentages, by Application, 2022 (%)
Global Automotive Blower Motor Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Blower Motor Market Segment Percentages, By Region and Country, 2022 (%)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Blower Motor revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Blower Motor revenues share in global market, 2022 (%)
Key companies Automotive Blower Motor sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Blower Motor sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Outline of Major Chapters: