Global Automotive Motors Market 2017-2021
About Automotive Motors
An electric motor is a device that converts electrical energy into mechanical energy. The working of an electric motor depends on the interaction of a magnetic field with the current. It is based on the principle of Fleming’s left hand rule.
Technavio’s analysts forecast the global automotive motors market to grow at a CAGR of 5.27% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global automotive motors market for 2017-2021. To calculate the market size, the report considers the shipment of new electric motor units for automotive applications through OEMs and aftermarket.
The market is divided into the following segments based on geography:
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