封面
市场调查报告书
商品编码
1433301

2023-2030年全球汽车微型马达市场

Global Automotive Micro Motor Market 2023-2030

出版日期: | 出版商: Orion Market Research | 英文 175 Pages | 商品交期: 2-3个工作天内

价格

预计全球汽车微型马达市场在预测期内(2023-2030年)CAGR为6.2%。市场的成长归因于全球电动车需求和产量的成长。转向电动车是汽车微马达市场的重要推手。小型马达在电动车中用于电动车窗、挡风玻璃雨刷和电动辅助转向系统等服务。根据国际能源总署(IEA)统计,2022年7月,内燃汽车占总燃料消耗量的50.0%以上,碳排放量为36.3吉吨。而电动车在使用过程中不会排放废气,与传统汽车相比更环保。因此,过去几年电动车的产量增加。 2021年,全球混合动力及其他电动车销量总计680万辆,较2020年成长108%。

此外,近年来电动车的使用量一直在增加。这增加了对慢速和快速充电器的需求。慢速充电器通常用于住宅和工作相关用途,而快速充电器则用于公共充电站和长途旅行。汽车微型马达市场可能会受到慢速和快速充电器中马达需求增加的影响,例如用于连接器机构和冷却系统的马达。电动车充电系统可分为慢速或快速充电器。慢速充电器使用电网的交流电,为电动车提供 3-4 kW 的电力,充满电需要 6-7 小时。快速充电器使用专用充电站的直流电,提供 50 kW 的功率,在 0.5 小时内为电动车充电。交流和直流充电器都会导致电能品质问题,包括电压畸变和电流谐波。

目录

第 1 章:报告摘要

  • 目前行业分析及成长潜力展望
  • 研究方法和工具
  • 市场区隔
    • 按细分
    • 按地区

第 2 章:市场概述与见解

  • 报告范围
  • 分析师见解和当前市场趋势
    • 主要发现
    • 建议
    • 结论

第 3 章:竞争格局

  • 主要公司分析
  • BorgWarner Inc.
    • 概述
    • 财务分析
    • SWOT分析
    • 最近的发展
  • Buhler Motor GmbH
    • 概述
    • 财务分析
    • SWOT分析
    • 最近的发展
  • Continental AG
    • 概述
    • 财务分析
    • SWOT分析
    • 最近的发展
  • 关键策略分析

第 4 章:市场细分

  • 全球汽车微马达市场功耗
    • 小于 11V
    • 12V - 24V
    • 25V - 48V
    • 超过48V
  • 按马达类型分類的全球汽车微型马达市场
    • 直流电 (DC)
    • 交流电 (AC)
  • 按技术类型分類的全球汽车微型马达市场
    • 有刷微电机
    • 无刷微电机
  • 全球汽车微型马达市场(按最终用户)
    • 工业的
    • 汽车与航太
    • 卫生保健
    • 其他(政府和国防机构、电动车 (EV) 和混合动力汽车製造商)

第 5 章:区域分析

  • 北美洲
    • 美国
    • 加拿大
  • 欧洲
    • 英国
    • 德国
    • 义大利
    • 西班牙
    • 法国
    • 欧洲其他地区
  • 亚太
    • 中国
    • 印度
    • 日本
    • 韩国
    • 亚太其他地区
  • 世界其他地区

第 6 章:公司简介

  • ASMO Co. Ltd.
  • Brose Fahrzeugteile SE & Co.
  • Constar Micromotor Co., Ltd.
  • DENSO Corp.
  • Hitachi Astemo, Ltd.
  • Johnson Electric Group
  • LG Innotek Co., Ltd.
  • MABUCHI MOTOR
  • MAHLE GmbH
  • maxon Group
  • MITSUBA Corp.
  • Nidec Corp.
  • NSK Ltd.
  • Panasonic Holdings Corp.
  • Remy International
  • Robert Bosch GmbH
  • Siemens AG.
  • VALEO
Product Code: OMR2027918

Global Automotive Micro Motor Market Size, Share & Trends Analysis Report by Power Consumption (Less than 11 V, 12 V - 24 V, 25 V - 48 V, and More than 48 V), by Motor Type (Direct Current (DC) and Alternating Current (AC)), by Technology (Brushed Micromotor and Brushless Micromotor), and by End-User (Industrial, Automotive & Aerospace, Healthcare , and Others), Forecast Period (2023-2030)

The global automotive micro motor market is anticipated to grow at a CAGR of 6.2% during the forecast period (2023-2030). The market's growth is attributed to rising demand and production of EV around the globe. The move to EVs is a significant driver for the automotive micro motor market. Small motors are used in electric automobiles for services such as power windows, windshield wipers, and electric power steering, among others. According to the International Energy Agency (IEA), in July 2022, vehicles with internal combustion accounted for more than 50.0% of total fuel consumption and 36.3 gigatons of carbon emissions. Whereas the EVs, which do not emit exhaust emissions while in service, are more environment friendly compared to traditional automobiles. Hence, there has been an increase in the production of EVs over the past few years. In 2021, sales of hybrid and other EVs globally totaled 6.8 million, representing a 108% increase from 2020.

Furthermore, EV usage has been growing in recent years. This has increased the need for slow and fast chargers. Slow chargers are generally used for residential and work-related purposes, while fast chargers are used at public charging stations and for long-distance travel. The automotive micro motor market can be impacted by this increased demand for motors in both slow and fast chargers, such as those used for connector mechanisms and cooling systems. EV charging systems can be classified as slow or rapid chargers. Slow chargers use AC power from the grid and deliver 3-4 kW of power to the EV, taking 6-7 hours for a full charge. Fast chargers use DC power from a dedicated charging station and deliver 50 kW of power, charging the EV in less than 0.5 hours. Both AC and DC chargers can cause power quality issues, including voltage distortions and current harmonics.

Segmental Outlook

The global automotive micro motor market is segmented on the power consumption, motor type, technology, and end-user. Based on the power consumption, the market is sub-segmented into less than 11 V, 12 V - 24 V, 25 V - 48 V, and more than 48 V. Based on the motor type, the market is sub-segmented into DC and AC. Based on the technology, the market is sub-segmented into brushed micromotor, and brushless micromotor. Further, on the basis of end-user, the market is sub-segmented into industrial, automotive & aerospace, healthcare, and others. The AC subcategory is expected to capture a significant portion of the market share within the motor type segment. This is attributed to the AC micro motors are gaining traction in various industries owing to their high efficiency and performance. They are used in industrial and commercial applications such as compressors, HVAC systems, and pumps. They are additionally used in advanced automation and control systems for their dependability with fewer moving parts and simpler designs.

The DC Sub-Segment is Anticipated to Hold a Considerable Share of the Global Automotive Micro Motor Market

Among the motor type, the DC sub-segment is expected to hold a considerable share of the global Automotive Micro Motor market. The segmental growth is attributed to increased power density. The new winding method can probably allow for the development of micromotors with improved power density. Motors with a higher power density are useful in a variety of automotive applications, including power steering, electric vehicle propulsion, and electric window systems. This can contribute to more efficient and compact motor designs, that's essential in the automotive sector. in October 2020, Mirmex Motor Launched Revolutionary DC Micromotor Winding Technology. A new method of manufacturing high-power density electric micromotor windings is now available. This technology has been developed over the past seven years and provides a new approach to winding design and manufacturing.

Regional Outlook

The global automotive micro motor market is further segmented based on geography including North America (the US, and Canada), Europe (UK, Italy, Spain, Germany, France, and the Rest of Europe), Asia-Pacific (India, China, Japan, South Korea, and Rest of Asia), and the Rest of the World (the Middle East & Africa, and Latin America). Among these, Europe is anticipated to hold a prominent share of the market around the globe, owing to the substantial presence of the automotive industry in the region.

The Asia- Pacific Region is Expected to Grow at a Significant CAGR in the Global Automotive Micro Motor Market

Among all regions, the Asia-Pacific region is anticipated to grow at a considerable CAGR over the forecast period. Regional growth is attributed to the rising micromotors demand across the region. Furthermore, the countries including China is witnessing a significant increase in electric vehicle (EV) sales along with the expanding stock of EVs, which in turn is bolstering the micro motors demand. For several purposes such as power windows, electric power steering, and HVAC systems, EVs rely on a slew of micro motors. According to the International Energy Agency (IEA), in 2021, 3.3 million electric cars were sold in China, which was more than the total sales of electric cars globally in 2020, which was 3.0 million. The stock of electric cars in China was 7.8 million in 2021, that was double the stock in 2019, before the COVID-19 pandemic. In 2021, 82.0% of all new electric car sales in China were Battery Electric Vehicles (BEVs), and electric cars accounted for 16.0% of domestic car sales in 2021, which was an increase from 5.0% in 2020.

Market Players Outlook

The major companies serving the global automotive micro motor market include Brose Fahrzeugteile SE & Co., Constar Micromotor Co., Ltd., DENSO Corp., Hitachi Astemo, Ltd., Johnson Electric Group and others. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in July 2023, Hyundai Motor launched Exter, its first micro SUV with advanced safety features, it offers a dashcam with twin cameras (front and rear), smartphone-based connectivity, and numerous recording modes for capturing photographs and movies.

The Report Covers:

  • Market value data analysis of 2022 and forecast to 2030.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global automotive micro motor market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies. Competitive strategies by identifying 'who-stands-where' in the market.

Table of Contents

1. Report Summary

  • Current Industry Analysis and Growth Potential Outlook
  • 1.1. Research Methods and Tools
  • 1.2. Market Breakdown
    • 1.2.1. By Segments
    • 1.2.2. By Region

2. Market Overview and Insights

  • 2.1. Scope of the Report
  • 2.2. Analyst Insight & Current Market Trends
    • 2.2.1. Key Findings
    • 2.2.2. Recommendations
    • 2.2.3. Conclusion

3. Competitive Landscape

  • 3.1. Key Company Analysis
  • 3.2. BorgWarner Inc.
    • 1.1.1. Overview
    • 1.1.2. Financial Analysis
    • 1.1.3. SWOT Analysis
    • 1.1.4. Recent Developments
  • 3.3. Buhler Motor GmbH
    • 1.1.5. Overview
    • 1.1.6. Financial Analysis
    • 1.1.7. SWOT Analysis
    • 1.1.8. Recent Developments
  • 3.4. Continental AG
    • 1.1.9. Overview
    • 1.1.10. Financial Analysis
    • 1.1.11. SWOT Analysis
    • 1.1.12. Recent Developments
  • 1.2. Key Strategy Analysis

4. Market Segmentation

  • 4.1. Global Automotive Micro Motor Market by Power Consumption
    • 4.1.1. Less than 11 V
    • 4.1.2. 12 V - 24 V
    • 4.1.3. 25 V - 48 V
    • 4.1.4. More than 48 V
  • 4.2. Global Automotive Micro Motor Market by Motor Type
    • 4.2.1. Direct Current (DC)
    • 4.2.2. Alternating Current (AC)
  • 4.3. Global Automotive Micro Motor Market by Technology Type
    • 4.3.1. Brushed Micromotor
    • 4.3.2. Brushless Micromotor
  • 4.4. Global Automotive Micro Motor Market by End-User
    • 4.4.1. Industrial
    • 4.4.2. Automotive & Aerospace
    • 4.4.3. Healthcare
    • 4.4.4. Others (Government and Defense Agencies, Electric Vehicle (EV) and Hybrid Vehicle Manufacturers)

5. Regional Analysis

  • 5.1. North America
    • 5.1.1. United States
    • 5.1.2. Canada
  • 5.2. Europe
    • 5.2.1. UK
    • 5.2.2. Germany
    • 5.2.3. Italy
    • 5.2.4. Spain
    • 5.2.5. France
    • 5.2.6. Rest of Europe
  • 5.3. Asia-Pacific
    • 5.3.1. China
    • 5.3.2. India
    • 5.3.3. Japan
    • 5.3.4. South Korea
    • 5.3.5. Rest of Asia-Pacific
  • 5.4. Rest of the World

6. Company Profiles

  • 6.1. ASMO Co. Ltd.
  • 6.2. Brose Fahrzeugteile SE & Co.
  • 6.3. Constar Micromotor Co., Ltd.
  • 6.4. DENSO Corp.
  • 6.5. Hitachi Astemo, Ltd.
  • 6.6. Johnson Electric Group
  • 6.7. LG Innotek Co., Ltd.
  • 6.8. MABUCHI MOTOR
  • 6.9. MAHLE GmbH
  • 6.10. maxon Group
  • 6.11. MITSUBA Corp.
  • 6.12. Nidec Corp.
  • 6.13. NSK Ltd.
  • 6.14. Panasonic Holdings Corp.
  • 6.15. Remy International
  • 6.16. Robert Bosch GmbH
  • 6.17. Siemens AG.
  • 6.18. VALEO

LIST OF TABLES

  • 1. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY POWER CONSUMPTION, 2022-2030 ($ MILLION)
  • 2. GLOBAL AUTOMOTIVE MICRO MOTOR OF LESS THAN 11 V MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 3. GLOBAL AUTOMOTIVE MICRO MOTOR OF 12 V - 24 V MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 4. GLOBAL AUTOMOTIVE MICRO MOTOR OF 25 V - 48 V MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 5. GLOBAL AUTOMOTIVE MICRO MOTOR OF MORE THAN 48 V MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 6. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY MOTOR TYPE, 2022-2030 ($ MILLION)
  • 7. GLOBAL DC AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 8. GLOBAL AC AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 9. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2022-2030 ($ MILLION)
  • 10. GLOBAL BRUSHED AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 11. GLOBAL BRUSHLESS AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 12. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
  • 13. GLOBAL AUTOMOTIVE MICRO MOTOR FOR INDUSTRIAL MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 14. GLOBAL AUTOMOTIVE MICRO MOTOR FOR AUTOMOTIVE & AEROSPACE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 15. GLOBAL AUTOMOTIVE MICRO MOTOR FOR HEALTHCARE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 16. GLOBAL AUTOMOTIVE MICRO MOTOR FOR OTHER END-USERS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 17. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 18. NORTH AMERICAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
  • 19. NORTH AMERICAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY POWER CONSUMPTION, 2022-2030 ($ MILLION)
  • 20. NORTH AMERICAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY MOTOR TYPE, 2022-2030 ($ MILLION)
  • 21. NORTH AMERICAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2022-2030 ($ MILLION)
  • 22. NORTH AMERICAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
  • 23. EUROPEAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
  • 24. EUROPEAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY POWER CONSUMPTION, 2022-2030 ($ MILLION)
  • 25. EUROPEAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY MOTOR TYPE, 2022-2030 ($ MILLION) EUROPEAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2022-2030 ($ MILLION)
  • 26. EUROPEAN AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
  • 27. ASIA-PACIFIC AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
  • 28. ASIA-PACIFIC AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY POWER CONSUMPTION, 2022-2030 ($ MILLION)
  • 29. ASIA-PACIFIC AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY MOTOR TYPE, 2022-2030 ($ MILLION)
  • 30. ASIA-PACIFIC AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2022-2030 ($ MILLION)
  • 31. ASIA-PACIFIC AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)
  • 32. REST OF THE WORLD AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
  • 33. REST OF THE WORLD AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY POWER CONSUMPTION, 2022-2030 ($ MILLION)
  • 34. REST OF THE WORLD AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY MOTOR TYPE, 2022-2030 ($ MILLION)
  • 35. REST OF THE WORLD AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY TECHNOLOGY TYPE, 2022-2030 ($ MILLION)
  • 36. REST OF THE WORLD AUTOMOTIVE MICRO MOTOR MARKET RESEARCH AND ANALYSIS BY END-USER, 2022-2030 ($ MILLION)

LIST OF FIGURES

  • 1. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET SHARE BY POWER CONSUMPTION, 2022 VS 2030 (%)
  • 2. GLOBAL AUTOMOTIVE MICRO MOTOR OF LESS THAN 11 V MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 3. GLOBAL AUTOMOTIVE MICRO MOTOR OF 12 V - 24 V MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 4. GLOBAL AUTOMOTIVE MICRO MOTOR OF 25 V - 48 V MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 5. GLOBAL AUTOMOTIVE MICRO MOTOR OF MORE THAN 48 V MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 6. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET SHARE BY MOTOR TYPE, 2022 VS 2030 (%)
  • 7. GLOBAL DC AUTOMOTIVE MICRO MOTOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 8. GLOBAL AC AUTOMOTIVE MICRO MOTOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 9. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET SHARE BY TECHNOLOGY TYPE, 2022 VS 2030 (%)
  • 10. GLOBAL BRUSHED AUTOMOTIVE MICRO MOTOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 11. GLOBAL BRUSHLESS AUTOMOTIVE MICRO MOTOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 12. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET SHARE BY END-USER, 2022 VS 2030 (%)
  • 13. GLOBAL AUTOMOTIVE MICRO MOTOR FOR INDUSTRIAL MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 14. GLOBAL AUTOMOTIVE MICRO MOTOR FOR AUTOMOTIVE & AEROSPACE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 15. GLOBAL AUTOMOTIVE MICRO MOTOR FOR HEALTHCARE MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 16. GLOBAL AUTOMOTIVE MICRO MOTOR FOR OTHER END-USERS MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 17. GLOBAL AUTOMOTIVE MICRO MOTOR MARKET SHARE BY REGION, 2022 VS 2030 (%)
  • 18. US AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 19. CANADA AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 20. UK AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 21. FRANCE AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 22. GERMANY AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 23. ITALY AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 24. SPAIN AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 25. REST OF EUROPE AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 26. INDIA AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 27. CHINA AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 28. JAPAN AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 29. SOUTH KOREA AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 30. REST OF ASIA-PACIFIC AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)
  • 31. REST OF THE WORLD AUTOMOTIVE MICRO MOTOR MARKET SIZE, 2022-2030 ($ MILLION)