Electric motors are commonly used as a supply of mechanical electricity in a vast range of residential, business and industrial applications. This includes fanatics, pumps, compressors, elevators, refrigerators and numerous different structures.Electric motor is the most crucial issue used in the production of motors, heating ventilating and cooling (HVAC) equipment and in numerous domestic home equipment. They are widely utilized in compressors, commercial fanatics, pumps, home equipment, lathe machines, gadget gear, strength equipment, HVAC applications, disk drives, electric powered motors and automatic robots. Those high-efficiency motors, which can be also known as top class performance motors, are gaining significance over their traditional counterparts. Due to longer operating existence, low strength consumption, low preservation, and an excessive tolerance for fluctuating voltages.
How Big is the Global Electric Motors Market?
The Global Electric Motors Market is expected to be around US$ 169 billion by 2027 and will grow at a CAGR of more than 6% in the given forecast period.
The major driving factors of Global Electric Motors Market are as follows:
The restraining factors of Global Electric Motors Market are as follows:
The Global Electric Motors Market is segmented on the lines of its type, end user, voltage and regional. Based on type segmentation it covers AC motors and DC motors. Under end user segmentation it covers industrial, residential, commercial, transportation and agriculture. Voltage segment is classified into < 1 kV (Low), 1 kV–6.6 kV (Medium) and > 6.6 kV (High) voltage. The Global Electric Motors Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.
This report provides:
1) An overview of the global market for Electric Motors and related technologies.
2) Analyses of global market trends, with data from 2019, estimates for 2020 and 2021, and projections of compound annual growth rates (CAGRs) through 2027.
3) Identifications of new market opportunities and targeted promotional plans for Global Electric Motors Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.
REPORT SCOPE:
The scope of the report includes a detailed study of global and regional markets for Global Electric Motors Market with the reasons given for variations in the growth of the industry in certain regions.
The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Johnson Electric Holdings Ltd., Baldor Electric Company, Inc., Ametek, Inc., Danaher Motion LLC, Siemens AG, Brook Crompton UK Ltd., Allied Motion Technologies Inc., and Franklin Electric Co., Inc.Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.
The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.
The Global Electric Motors Market has been segmented as below:
By Type Analysis
By End User Analysis
By Voltage Analysis
By Regional Analysis
Reasons to Buy this Report:
1) Obtain the most up to date information available on all Global Electric Motors Market.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Global Electric Motors Market data.
4) Assess your competitor’s refining portfolio and its evolution.
Customization:
We can offer you custom research reports as per client’s special requirements.
Below are our new reports:
Digital Printing Packaging Market
1 INTRODUCTION
1.1 Key Take Aways
1.2 Report Description
1.3 Markets Covered
1.4 Stakeholders
1.5 Research Methodology
1.5.1 Market Size
1.5.2 Market Share
1.5.3 Key Data Points From Secondary Sources
1.5.4 Key Data Points From Primary Sources
2 Research Methodology
2.1 Introduction
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.3 Market Breakdown & Data Triangulation
2.4 Research Assumptions
2.4.1 Assumptions
3 Executive Summary
3.1 Introduction
3.2 Historical Backdrop & Evolution
3.3 Technology Overview
3.3.1 Energy-Efficient Motors
3.3.2 Technology
3.3.3 Standards
3.4 Current Scenario
3.5 Future Outlook
3.6 Conclusion
4 Premium Insights
4.1 Electric Motor Sales Market, By Type
4.2 Electric Motor Sales Market, By Output Power
4.3 Electric Motor Sales Market, By Voltage
4.4 Electric Motor Sales Market, By End-User
4.5 Electric Motor Sales Market: Type vs Output Power
4.6 Asia-Pacific: the Largest Market During the Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.2.1 By Type
5.2.2 By Voltage
5.2.3 By End-User
5.2.4 By Region
5.2.5 By Output Power
5.3 Market Dynamics
5.3.1 Drivers
5.3.1.1 Increased Usage of Electric Motors Across Major Industries
5.3.1.1.1 Continued Growth in Automobile Production
5.3.1.2 Growth in Commercial and Residential Sectors
5.3.1.2.1 Rising Demand for Hvac Applications
5.3.1.2.2 Increasing Motor-Driven Household Appliances
5.3.1.3 Buoyant Growth in Agricultural Sector
5.3.1.4 Transition Toward Energy-Efficient Motors
5.3.2 Restraints
5.3.2.1 High Maintenance Cost for Brushed DC Motors
5.3.2.2 Portability Issue With Heavy Motors
5.3.3 Opportunities
5.3.3.1 Huge Market Potential for Electric Vehicles in Emerging Countries
5.3.3.2 Growing Robotics Technology
5.3.4 Challenges
5.3.4.1 Gray Market Providing Low-Quality & Inexpensive Products
5.3.4.2 Conventional Motor Design
5.3.4.3 Motor Failure Due to Overheating
6 Electric Motor Sales Market, By Type
6.1 Introduction
6.2 AC Motors
6.2.1 Induction Motor
6.2.2 Synchronous Motor
6.3 DC Motors
6.3.1 Permanent Magnet Motor
6.3.2 Series Motor
6.3.3 Shunt Motor
6.3.4 Compound Motor
7 Electric Motor Sales Market, By Voltage
7.1 Introduction
7.2 < 1 kV Motors
7.3 1 kV–6.6 kV Motors
7.4 > 6.6 kV Motors
8 Electric Motor Sales Market, By Output Power
8.2 < 1 HP Motors
8.3 > 1 HP Motors
9 Electric Motor Sales Market, By End-User
9.1 Introduction
9.2 Industrial
9.2.1 Mining & Metals
9.2.2 Chemicals & Petrochemicals
9.2.3 Oil & Gas
9.2.4 Cement & Manufacturing
9.2.5 Utilities
9.3 Commercial
9.4 Residential
9.5 Agriculture
9.6 Transportation
10 Electric Motor Sales Market, By Region
10.1 Introduction
10.2 Asia-Pacific
10.2.1 By Type
10.2.2 By Voltage
10.2.3 By Output Power
10.2.4 By End-User
10.2.5 By Country
10.2.5.1 China
10.2.5.2 Japan
10.2.5.3 India
10.2.5.4 South Korea
10.2.5.5 Australia
10.2.5.6 Rest of Asia-Pacific
10.3 Europe
10.3.1 By Type
10.3.2 By Voltage
10.3.3 By Output Power
10.3.4 By End-User
10.3.5 By Country
10.3.5.1 Russia
10.3.5.2 Germany
10.3.5.3 U.K.
10.3.5.4 France
10.3.5.5 Italy
10.3.5.6 Rest of Europe
10.4 North America
10.4.1 By Type
10.4.2 By Voltage
10.4.3 By Output Power
10.4.4 By End-User
10.4.5 By Country
10.4.5.1 U.S.
10.4.5.2 Canada
10.4.5.3 Mexico
10.4.5.4 Rest of North America
10.5 South America
10.5.1 By Type
10.5.2 By Voltage
10.5.3 By Output Power
10.5.4 By End-User
10.5.5 By Country
10.5.5.1 Brazil
10.5.5.2 Argentina
10.5.5.3 Venezuela
10.5.5.4 Colombia
10.5.5.5 Chile
10.5.5.6 Rest of South America
10.6 Middle East & Africa
10.6.1 By Type
10.6.2 By Voltage
10.6.3 By Output Power
10.6.4 By End-User
10.6.5 By Country
10.6.5.1 Saudi Arabia
10.6.5.2 Uae
10.6.5.3 Kuwait
10.6.5.4 Egypt
10.6.5.5 South Africa
10.6.5.6 Rest of Middle East & Africa
11 Competitive Landscape
11.1 Overview
11.2 Competitive Situation & Trends
11.3 New Product Launches
11.4 Contracts & Agreements
11.5 Mergers & Acquisitions
11.6 Expansions
12 Company Profiles
12.1 Introduction
12.2 ABB Ltd.
12.3 Siemens AG
12.4 General Electric Company
12.5 Nidec Corporation
12.6 Denso Corporation
12.7 Allied Motion Technologies, Inc.
12.8 Ametek, Inc.
12.9 Bosch Group
12.10 Emerson Electric Co.
12.11 Hitachi, Ltd.
12.12 Johnson Electric Holdings Limited
12.13 Regal Beloit Corporation
12.14 Rockwell Automation
12.15 WEG
12.16 ARC Systems, Inc.
12.17 Baldor Electric Co.
12.18 Toshiba International Corporation
The Global Electric Motors Market has been segmented as below:
By Type Analysis
By End User Analysis
By Voltage Analysis
By Regional Analysis
SUBSCRIBE TO OUR NEWSLETTERS
