Germany In-Board Electric Motor Market Size, Share, and COVID-19 Impact Analysis, By Type (Low Power (Below 10 HP), Medium Power (10-35 HP), Large Power (Above 35 HP)), By Application (Civil Entertainment, Municipal, Commercial), and Germany In-Board Electric Motors Market Insights, Industry Trend, Forecasts to 2035
Industry: Consumer GoodsGermany In-Board Electric Motor Market Insights Forecasts to 2035
- The Germany In-Board Electric Motor Market Size is Expected to Grow at a CAGR of Around 5.8% from 2025 to 2035.
- The Germany In-Board Electric Motor Market Size is Expected to Reach a Significant Share by 2035.
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According to a research report published by Spherical Insights & Consulting, The Germany In-Board Electric Motor Market size is expected to grow 5.8% CAGR from 2025 to 2035 is expected to reach a significant share by 2035. The In-board electric motor market is driven by several key factors, including a strong automotive industry, government support for EVs, technological advancements, and a focus on sustainability and energy efficiency
Market Overview
The German in these board electric motors market refers to the segment of the electric motor industry in Germany that specializes in integrating compact, high-defence motors in printed circuit boards (PCBs) or used for accurate applications in electronic assembly. These motors are usually employed in areas such as consumer electronics, automotive systems, medical devices, robotics and industrial automation, where space-saving design and reliable performance are important. The emphasis on Germany's strong manufacturing base, technological innovation and energy efficiency enhances the development of this market. The Germany inboard offers strong market opportunities for electric motors, operated by a strong motor vehicle industry, government support for green technologies and a skilled workforce. Electric vehicles are experiencing rapid growth in the market, increasing the demand for onboard motors. Government incentives and rules promoting clean transport are encouraged to adopt electric vehicles and motors. The German government is investing heavily in electro mobility to achieve its ambitious climate goals, focusing on adopting electric vehicles and related infrastructure. This includes encouragement such as environmental bonuses for new EV procurement, which gives subsidy to both battery-powered and hydrogen-operated vehicles. Additionally, the government is working to streamline procedures permission for renewable energy and charging infrastructure, and is searching for solutions to decarbonise industrial areas that can benefit EV adoption over the long term.
Report Coverage
This research report categorizes the market for the Germany In-Board electric motor market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing In-Board Electric motor market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the Germany In-Board electric motor market.
Germany In-Board Electric Motor Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2024 |
Forecast Period: | 2025-2035 |
Forecast Period CAGR 2025-2035 : | 5.8% |
Historical Data for: | 2020-2023 |
No. of Pages: | 175 |
Tables, Charts & Figures: | 95 |
Segments covered: | By Type, By Application and COVID-19 Impact Analysis |
Companies covered:: | Siemens, Nidec Corporation, WEG Germany GmbH, TECO Electric Europe Ltd, Robert Bosch GmbH, VEM Motors, Dunkermotoren, Lenze, StreetScooter GmbH. and others key players. |
Pitfalls & Challenges: | COVID-19 Empact, Challenges, Future, Growth, & Analysis |
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Driving Factors
The diving factors running the German market for electric motors mainly relate to the country's strong motor vehicle industry, its commitment to stability and energy efficiency and auxiliary government policies. These factors collectively contribute to a strong market for electric motors, especially within the motor vehicle sector and related industries.
Restraining Factors
In the German board electric motor market, many factors can obstruct growth. These include raw material prices, challenges in integrating power electronics in motors and the need for more advanced power module packaging. Additionally, concerns about the supply of rare earth elements and the cost of permanent magnet motors can also stop the market.
Market Segmentation
The Germany in-board electric motor market share is classified into type and application.
- The medium power (10-35 HP) segment held a dominant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Germany in-board electric motor market is segmented by type into low power (Below 10 HP), medium power (10-35 HP), and large power (Above 35 HP). Among these, the medium power (10-35 HP) segment held a dominant share in 2024 and is expected to grow at a significant CAGR during the forecast period. The market is characterized by strong demand for various types of motors, it's reasonable to assume that medium-power motors are a substantial part of that demand. This is likely due to their versatility, suitability for a variety of industrial equipment, and the fact that many applications in Germany require this power range.
- The civil entertainment segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period.
The Germany in-board electric motor market is segmented by application into civil entertainment, municipal, commercial. Among these, the civil entertainment segment held a significant share in 2024 and is expected to grow at a significant CAGR during the forecast period. This dominance is driven by rising demand for eco-friendly recreational boats, increased participation in water sports, and government support for green marine technologies, outpacing the municipal and commercial segments in both usage and investment.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Germany In-Board electric motor market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Siemens
- Nidec Corporation
- WEG Germany GmbH
- TECO Electric Europe Ltd
- Robert Bosch GmbH
- VEM Motors
- Dunkermotoren
- Lenze
- StreetScooter GmbH.
- Others
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at Germany, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the Germany In-Board electric motor market based on the below-mentioned segments:
Germany In-Board Electric Motor Market, By Type
- Low Power (Below 10 HP)
- Medium Power (10-35 HP)
- Large Power (Above 35 HP)
Germany In-Board Electric Motor Market, By Application
- Civil Entertainment
- Municipal
- Commercial
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