During 2024, the passenger car model with the most new registrations in Spain was the Dacia Sandero, with nearly 33,000 units sold. Seat, the Spanish brand headquartered in Catalonia, produced the third best-selling model that year, with around 22,000 sales. The slump of diesel enginesAccording to the latest studies, Europe has been experiencing a shift in consumer behavior when purchasing a car. Sales of diesel models have been recording a downtrend since 2013 in all European countries. In contrast, electric vehicle sales have been growing in Europe between 2015 and 2025. In 2024, plug-in hybrid vehicles and battery electric vehicles represented some 11 percent of the Spanish new passenger car market. Germany car models less popular in Spain In 2024, only one Volkswagen models made it into this ranking: the T-Roc. The German car manufacturer VW Group held the largest market share of passenger cars in Europe in 2024, taking up 26.3 percent of the total market. German car brands also appeared on a list of most expensive passenger cars, perhaps explaining why they did not top Spain's sales ranking.

In 2024, Toyota topped the list of most passenger car new registrations in Spain. The Japanese car brand recorded some 95,610 unit sales that year. SEAT, which had been the market leader until 2021, came third in the rankings. The most registered SEAT models were SEAT Ibiza and SEAT Arona, both exceeding 20,000 registrations during 2024. Germany: Europe‘s indisputable car manufacturerThird on this list is Volkswagen. The German car manufacturer VW Group held the largest market share of passenger cars in Europe as of December 2024, taking up 26 percent of the total market. Moreover, Germany was the European country that most recorded passenger car registrations, with nearly 2.82 million new cars on the country’s roads in 2024. The popularity of cars in Germany comes as no surprise, since the European country houses a few of the largest automobile groups in the continent. The slump of diesel enginesAccording to the latest studies, Europe has been experiencing a shift in consumer behavior when purchasing a car. This is particularly visible in the preferred type of engine that the Europeans tended to acquire in recent years. Sales of diesel models have been recording a downtrend since 2013 in all European countries, presumably explained by the 2015 diesel scandal and subsequent discussions surrounding health and environmental impacts of the fuel type.

Tesla Model 3 was the only battery-electric vehicle model to record over ******sales in Spain in September 2025. The Tesla Model Y followed second at roughly half the Tesla Model 3 sales, accounting for ***** new BEV registrations in the Iberian country that month.

At about 21.47 million units, China remained the largest market for passenger car sales in 2024. According to the source, passenger cars are motor vehicles with at least four wheels, used for the transport of passengers, and comprising no more than eight seats in addition to the driver's seat. Hence, the figures do not include light trucks. Pandemic causes sales slump across all markets Worldwide, passenger car sales have been slowly increasing. Car sales started falling dramatically during the 2008-2009 economic crisis and re-entered a sales slump at the end of 2018. Sales slumped in 2020 due to the outbreak of Covid-19 and related measures to curb the spread of the coronavirus. However, despite the impact of the semiconductor chip shortage on vehicle production, global car sales have slowly increased in 2021 and 2022. Since 2023, the number has amounted above pre-pandemic levels, and it is expected to incline more in 2025. Spotlight on the largest markets In Europe, about 75 percent of new passenger car registrations occur in the largest markets, which include Germany, France, the United Kingdom, Italy, and Spain. Despite a slowdown in demand in 2020, China has seen the largest increases in passenger vehicle sales between 2005 and 2020, growing from 3.97 million units to some 20 million units. During this time period, leading original equipment manufacturers (OEMs) like General Motors or Volkswagen enjoyed rising sales trends not just in China, but across all Asian markets. China, Japan, Germany, India, and the United States are ranked among the world’s largest car markets. These countries are home to many of the major motor vehicle manufacturers, including the world’s largest automakers in 2024.

Norauto.es is the online shop with the highest net sales in the Car parts e-commerce market in Spain, with a revenue of **** million U.S. dollars generated in Spain. Autodoc follows with an annual revenue worth ** million U.S. dollars in 2024.

Snapshot img { margin: 10px !important; } Electric Motor Sales Market Size 2025-2029

The electric motor sales market size is forecast to increase by USD 52.7 billion, at a CAGR of 6.1% between 2024 and 2029.

The global shift to electromobility is a primary driver for the electric motor sales market, with the automotive industry's transition toward electric vehicles (EVS) and robotics creating substantial demand for advanced electric drives. This is complemented by the rising adoption of high-efficiency HVAC systems, which require sophisticated electric motors to enhance thermal comfort and air quality in buildings. A key focus is on improving electrical energy conversion and the durability of motor components. Consequently, the demand for both synchronous electric motors and direct current (DC) motor market products is expanding. The development of specialized components for the electric trucks market is also gaining momentum, indicating a broad-based evolution in motor technology and application.Despite the positive trajectory, the market's integrity is challenged by the easy availability of low-cost, inferior-quality motors from unorganized sectors. These products often suffer from issues like low resistance, electrical overload, and frequent vibrations, which can compromise the efficiency and safety of associated machinery. This dynamic affects the broader electric motors accessories market and complicates procurement for industrial buyers seeking high-quality components. Product quality remains a key differentiator for established players that serve industrial clients, as ensuring high standards is crucial for maintaining performance and reliability in systems ranging from industrial machinery to electric motorcycles.

What will be the Size of the Electric Motor Sales Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019 - 2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market is characterized by ongoing advancements in electrical energy conversion technologies, aimed at enhancing the performance of automotive propulsion systems and industrial machinery. Innovations in motor magnetic field design are leading to high power density motors with precise control capabilities. This evolution is critical for the expanding electric trucks market, where durable motor components and efficient mechanical energy conversion are paramount. The focus remains on developing solutions that support both automation sustainability and improved energy conservation across various applications.A key area of development involves the integration of smart motor controls and iot motor connectivity to enable real-time condition monitoring and predictive maintenance. This shift transforms traditional motors into intelligent assets, optimizing operational efficiency and reducing downtime. The application of these technologies is evident in the direct current (DC) motor market and for synchronous electric motors. These advancements are instrumental in creating more resilient and responsive systems, from household appliance motors to complex industrial automation motors, driving value beyond basic functionality.

How is this Electric Motor Sales Industry segmented?

The electric motor sales industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million" for the period 2025-2029, as well as historical data from 2019 - 2023 for the following segments. ApplicationIndustrialResidentialCommercialAutomotiveChannelOEMsAftermarketTypeAC motorsDC motorsHermetic motorsGeographyAPACJapanChinaIndiaSouth KoreaAustraliaIndonesiaEuropeGermanyUKFranceItalySpainThe NetherlandsNorth AmericaUSCanadaMexicoSouth AmericaBrazilArgentinaColombiaMiddle East and AfricaUAESouth AfricaEgyptRest of World (ROW)

By Application Insights

The industrial segment is estimated to witness significant growth during the forecast period.The industrial segment is a primary consumer of electric motors, driven by the continuous pursuit of automation and heightened energy efficiency. Industrial motors are fundamental to a vast range of applications, including pumps, fans, and manufacturing machinery. The industrial sector consumes close to 40% of the world's energy, making motor efficiency a critical factor in managing operational costs. Regulatory mandates are compelling users to adopt higher-efficiency technologies, such as advanced ac induction motors, stimulating consistent market activity.The push toward smart manufacturing and the Industrial Internet of Things (IIOT) is further shaping this segment. Manufacturers are embedding sensors and IoT connectivity into their motor portfolios, enabling sophisticated energy management and predictive maintenance. This integration of industrial automation motors with real-time condition monitoring helps optimize operational ef

Snapshot img

Automotive Engine Oil Market Size 2025-2029

The automotive engine oil market size is forecast to increase by USD 12.5 billion, at a CAGR of 4% between 2024 and 2029.

The market is driven by the increasing number of vehicles in use worldwide, which necessitates a constant demand for high-performance engine oils. This trend is further fueled by advancements in engine oil technology, which offer improved fuel efficiency, engine protection, and extended engine life. However, the market faces challenges from fluctuating crude oil prices, which impact the cost of raw materials and, consequently, the price of engine oils. Manufacturers must navigate these price fluctuations while maintaining product competitiveness and ensuring quality.
To capitalize on market opportunities, companies should focus on innovation, such as developing engine oils with advanced additives and improved performance characteristics. Additionally, strategic partnerships and collaborations can help mitigate the impact of raw material price volatility and expand market reach. Overall, the market presents significant growth potential, with a focus on sustainability, performance, and cost-effectiveness shaping the competitive landscape.

What will be the Size of the Automotive Engine Oil Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market continues to evolve, driven by advancements in technology and shifting consumer preferences. Performance testing standards, such as ACEA oil classification, play a crucial role in ensuring the quality and compatibility of high-performance lubricants. These standards encompass various aspects, including corrosion inhibitor packages, oil film strength, seal compatibility testing, and pour point depressants. Oil oxidation stability and oxidation resistance testing are essential for evaluating the longevity and effectiveness of hydrocarbon base stocks. Emission reduction technology and base oil composition are also critical factors, with many manufacturers turning to synthetic engine oils, such as polyalphaolefin (PAO) oil, for improved engine wear reduction and fuel economy.

The industry anticipates robust growth, with expectations of a 4% annual expansion in the coming years. For instance, a leading automaker reported a 15% increase in sales of high-performance lubricants due to their superior anti-wear additive technology and extended oil change intervals. Additionally, lubricant additive packages, including friction modifier additives, anti-foaming additives, and viscosity index improvers, contribute significantly to the market's dynamism. Extreme pressure additives and anti-wear additive technology ensure engine components operate smoothly under harsh conditions. Oil filter efficiency, detergent dispersant properties, thermal stability testing, and oil degradation analysis are other essential aspects of engine oil specification and API certification levels. As the market continues to unfold, the focus on developing advanced engine oils with improved performance and environmental sustainability will remain a key trend.

How is this Automotive Engine Oil Industry segmented?

The automotive engine oil industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Application

  Passenger vehicles
  Commercial vehicles


Type

  Diesel
  Petrol
  Alternative fuels


Distribution

  OEMs
  Aftermarket Retail
  Online Sales


Viscosity Grades

  0W-20
  5W-30
  10W-40
  Others


Product Type

  Synthetic Oil
  Conventional Oil
  Semi-Synthetic Oil


Geography

  North America

    US
    Canada
    Mexico


  Europe

    France
    Germany
    Italy
    Spain
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan
    South Korea


  South America

    Brazil


  Rest of World (ROW)

By Application Insights

The passenger vehicles segment is estimated to witness significant growth during the forecast period.

The market is experiencing significant growth due to the increasing number of passenger vehicles in use. This segment's expansion can be attributed to the high demand for synthetic and full synthetic engine oils in this application. Engine oil consumption in passenger vehicles depends on various factors, including engine type, cylinder displacement, and others. Typically, engine oil is changed during routine maintenance or annually. The replacement frequency varies based on factors such as distance traveled (approximately 6,200 to 9,400 miles) or time between service intervals, which may differ among Original Equipment Manufacturers (OEMs). Performance testing standar

Renault was the leading vehicle brand in Turkey in 2024 with car and light commercial vehicle sales of approximately ***** thousand units. Fiat ranked second, reaching over ***** thousand vehicle sales.

The place of German cars in the Turkish automobile market German car brands have always been among the most favored vehicles in Turkey. Even though Volkswagen ranked fourth in the ranking based on unit sales in 2023, the value of imported vehicles from Germany to Turkey was by far the highest in 2022. That year, German imports were valued at over **** billion U.S. dollars, twice as much as second-ranking Spain. One of the signature German car brands, BMW, struggled to keep its sales high in the Turkish market in recent years. After peaking in 2015 at over ** thousand, BMW sales dropped to **** thousand units sold in 2023. Electric vehicle market In 2022, BMW secured the top spot in the ranking for the sales of electric cars in the country. However, in 2023, the Turkish electric car manufacturer, TOGG, took over the first place, selling **** thousand vehicles in that year. As opposed to many European countries, the BEV market in Turkey is still small. From 2020 to 2023, electric vehicle sales in the country have been still relatively low compared to gasoline and diesel cars. However, the EV market in Turkey saw about *** percent growth in 2023 compared to the previous year and is expected to follow an increasing trend over the upcoming years.