Automobile Rotor Stator Market Forecasts to 2030 - Global Analysis By Motor Type, Material, Vehicle Type, Stator Type, Rotor Type, Application and By Geography

According to Stratistics MRC, the Global Automobile Rotor Stator Market is accounted for $13295.03 million in 2024 and is expected to reach $24071.53 million by 2030 growing at a CAGR of 10.4% during the forecast period. An automobile rotor-stator system refers to the combined assembly of a rotor and a stator in various automotive applications, particularly in electric and hybrid vehicles. The stator generates a magnetic field when energized, while the rotor is driven by this magnetic field to produce mechanical power. This market is poised for growth due to increasing demand for electric vehicles (EVs) and advancements in motor technologies.

According to the International Organization of Motor Vehicle Manufacturers (OICA), in the previous year, approximately 85 million motor vehicles were produced across the world, an increase of 6% compared to the year before it. According to the International Energy Agency (IEA), the global sales of electric vehicles have been rising strongly in 2022, with 2 million sold in the first quarter, up 75% from the same period in 2021.

Market Dynamics:

Driver:

Increasing adoption of safety features

The increasing demand for complex driver assistance systems and autonomous driving technologies is propelling the Automobile Rotor Stator Market's growth. Safety-critical components like electric power steering and brake systems rely on efficient rotor-stator assemblies for precise control and responsiveness. High-performance rotors and stators are essential for dependable, energy-efficient, and fault-tolerant safety features in electric and hybrid vehicles as automakers work to meet safety standards and consumer expectations.

Restraint:

Rising material costs

Growing material costs are having a big effect on the market, mostly because more modern materials are needed to make efficient electric motors. Global supply chain interruptions have caused price spikes for key components including silicon-based materials and high-performance electrical steels. Costs are further increased by the intricacy of production procedures, which call for specialist skills like welding and stamping. Economic constraints have the potential to impede manufacturers' capacity for innovation and adaptation, thereby impacting the rotor stator market's overall growth and competitiveness within the automobile industry.

Opportunity:

Advancements in vehicle technology

Technological developments in vehicles, particularly as the automotive sector moves toward electrification, are ultimately propel the automobile rotor stator market. For electric and hybrid vehicles to maximize power output and energy management, high-efficiency rotor and stator components are necessary. Lighter designs are made possible by advancements in manufacturing techniques and materials that enhance performance and durability. The market is expanding as a result of the need for complex rotor stator solutions brought on by the integration of smart technologies like AI and IoT.

Threat:

Economic fluctuations

Economic fluctuations can have a substantial impact on demand for vehicle rotor stator products. Consumers may spend less on new cars during economic downturns, which would lower demand for automotive components like rotor stators and reduce output. On the other hand, economic expansion may result in more sales of automobiles, which would raise the need for rotor stators. These distinctions may have an impact on producers' profitability and breed doubt in the marketplace.

Covid-19 Impact

Automobile rotor stator sales were significantly impacted by the COVID-19 epidemic. Global shutdowns and supply chain disruptions caused a precipitous drop in vehicle manufacturing, which in turn reduced demand for automotive parts. On the other hand, the market for rotor stators also started to expand as economies started to improve and the demand for automobiles increased. The pandemic boosted the demand for electric vehicles, which need specific rotor stators, hastening their acceptance. All things considered, the COVID-19 epidemic brought about difficulties, but it also offered chances for innovation and expansion in the automotive rotor stator industry.

The silicon steel segment is expected to be the largest during the forecast period

The silicon steel segment is estimated to be the largest, due to its superior electrical conductivity and magnetic qualities. It is extensively utilized in the building of stator cores, which are essential for producing the magnetic field required for the running of generators and electric motors. The application of silicon steel in rotor stators results in increased performance, less energy losses, and increased efficiency. The usage of silicon steel in rotor stators is anticipated to rise in line with the growing demand for electric and hybrid automobiles.

The electric power steering (EPS) segment is expected to have the highest CAGR during the forecast period

The electric power steering (EPS) segment is anticipated to witness the highest CAGR during the forecast period, due to the growing integration of electric power steering (EPS) systems into automobiles. With EPS technology, conventional hydraulic systems are replaced with electric motors that modify steering assistance in response to road conditions, improving vehicle handling and fuel economy. Along with increasing performance, this change also lowers energy usage, which is consistent with the industry's emphasis on sustainability.

Region with largest share:

Asia Pacific is expected to have the largest market share during the forecast period due to the rapid growth of the automotive industry, particularly in countries like China and India, is a significant contributor, as increasing vehicle production demands high-quality rotor and stator components. Additionally, the rising adoption of electric vehicles (EVs) and hybrids is creating a surge in demand for efficient electric motor systems, which rely on advanced rotor and stator technologies. Furthermore, government initiatives promoting sustainability and reducing emissions are encouraging manufacturers to invest in innovative automotive technologies, further propelling market growth in this region.

Region with highest CAGR:

North America is projected to witness the highest CAGR over the forecast period, owing to the increasing adoption of electric vehicles (EVs). Additionally, a growing focus on safety features and driver assistance systems has increased the demand for reliable rotor-stator components in electric power steering and braking systems. The presence of major automotive manufacturers and technological innovation hubs further supports market growth, along with consumer preferences for high-performance and energy-efficient vehicles.

Key players in the market

Some of the key players profiled in the Automobile Rotor Stator Market include Bosch, Denso, Valeo, Continental, NSK, Schaeffler, Johnson Electric, Magneti Marelli, Delphi Technologies, Mitsubishi Electric, ABB, Yaskawa Electric, Nidec Corporation, Siemens, Eaton Corporation, Johnson Controls, and Nexteer Automotive.

Key Developments:

In October 2023, Bosch launched a new electric motor with integrated rotor-stator technology aimed at improving efficiency in electric vehicles (EVs).

In June 2023, Mitsubishi Electric launched its innovative rotor-stator solution for automotive electric drives, targeting higher power output with lower energy consumption.

In November 2022, Schaeffler rolled out its e-motor platform, featuring rotor-stator units optimized for power density and cooling in electric powertrains.

In August 2022, Johnson Electric launched a new rotor-stator assembly for compact electric motors aimed at improving energy efficiency in automotive applications.

Motor Types Covered:

• Brushless DC Motor
• Induction Motor
• Permanent Magnet Synchronous Motor (PMSM)
• Synchronous Reluctance Motor (SynRM)
• Other Motor Types

Materials Covered:

• Silicon Steel
• Copper
• Aluminum
• Iron
• Rare Earth Magnets

Vehicle Types Covered:

• Passenger Cars
• Commercial Vehicles
• Electric Vehicles (EVs)
• Hybrid Vehicles

Stator Types Covered:

• Permanent Magnet Stator
• Wound Stator

Rotor Types Covered:

• Squirrel-Cage Rotor
• Wound Rotor
• Permanent Magnet Rotor

Applications Covered:

• Engine
• Electric Power Steering (EPS)
• Starter Motors
• HVAC Systems
• Drivetrain Motors
• Alternators
• Electric Powertrains
• Other Applications

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances