Within vehicles, stepper motors are used inside instrument clusters to provide accurate gauge readings that alert drivers to fuel levels, rate of speed, mileage measurements and more. As vehicle technology has evolved, these gauges have started to move from mechanical to digital.
This report contains market size and forecasts of Automotive Milometer Stepping Motor in global, including the following market information:
Global Automotive Milometer Stepping Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Milometer Stepping Motor Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Milometer Stepping Motor companies in 2021 (%)
The global Automotive Milometer Stepping Motor market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Permanent Magnet Type Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Milometer Stepping Motor include Bosch, Valeo, Mahle, Brose, Johnson Electric, Nidec, Mabuchi, Asmo and Mitsuba, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Milometer Stepping 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 Milometer Stepping Motor Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Milometer Stepping Motor Market Segment Percentages, by Type, 2021 (%)
Permanent Magnet Type
Mixed Type
Global Automotive Milometer Stepping Motor Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Milometer Stepping Motor Market Segment Percentages, by Application, 2021 (%)
Passenger Vehicle
Light Commercial Vehicle
Heavy Commercial Vehicle
Global Automotive Milometer Stepping Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Milometer Stepping Motor Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Automotive Milometer Stepping Motor revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Milometer Stepping Motor revenues share in global market, 2021 (%)
Key companies Automotive Milometer Stepping Motor sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Milometer Stepping Motor sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Bosch
Valeo
Mahle
Brose
Johnson Electric
Nidec
Mabuchi
Asmo
Mitsuba
Broad Ocean
Denso