The Global Electric Motors Marketis expected to exceed more than US$ 150 billion by 2024 and will grow at a CAGR of more than 6% in the given forecast period.
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.
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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.
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.
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 major driving factors of Global Electric Motors Market are as follows:
- Positive view of manufacturing industries
- Inducement for energy efficient electric motor driven system
- Growing replacement of outdated electric motors
The restraining factors of Global Electric Motors Market are as follows:
- Instability in raw material cost
- High purchase cost of energy efficient motors
The Global Electric Motors Market has been segmented as below:
The Global Electric Motors Market is segmented on the Basis of Type Analysis, Voltage Type, End User Type and Geographical Analysis. By Type Analysis this market is segmented on the basis ofAC Motors and DC Motors.
By Voltage Type this market is segmented on the basis of< 1 kV (Low), 1 kV–6.6 kV (Medium)and > 6.6 kV (High).By End User Type this market is segmented on the basis ofIndustrial, Residential, Commercial, Transportation and Agriculture. By Geographical Analysis this market is segmented on the basis ofNorth AmericaEurope, Asia-Pacific and Rest of the World.
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 2015, estimates for 2016 and 2017, and projections of compound annual growth rates (CAGRs) through 2024.
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.
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Table of Contents:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
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
220.127.116.11 Increased Usage of Electric Motors Across Major Industries
18.104.22.168.1 Continued Growth in Automobile Production
22.214.171.124 Growth in Commercial and Residential Sectors
126.96.36.199.1 Rising Demand for Hvac Applications
188.8.131.52.2 Increasing Motor-Driven Household Appliances
184.108.40.206 Buoyant Growth in Agricultural Sector
220.127.116.11 Transition Toward Energy-Efficient Motors
18.104.22.168 High Maintenance Cost for Brushed DC Motors
22.214.171.124 Portability Issue With Heavy Motors
126.96.36.199 Huge Market Potential for Electric Vehicles in Emerging Countries
188.8.131.52 Growing Robotics Technology
184.108.40.206 Gray Market Providing Low-Quality & Inexpensive Products
220.127.116.11 Conventional Motor Design
18.104.22.168 Motor Failure Due to Overheating
6 Electric Motor Sales Market, By Type
7 Electric Motor Sales Market, By Voltage
8 Electric Motor Sales Market, By Output Power
9 Electric Motor Sales Market, By End-User
10 Electric Motor Sales Market, By Region
11 Competitive Landscape
12 Company Profiles
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
12.16 ARC Systems, Inc.
12.17 Baldor Electric Co.
12.18 Toshiba International Corporation
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