The size of the electric motor market was valued at US$ 129.47 billion in 2022, and the total revenue is expected to grow at 6.9% through 2023 to 2029, reaching nearly US$ 206.55 billion.
Market Overview:
"Global Electric Motor Market Analysis" is a comprehensive exploration of the electric motor market, focusing on global market trends and analysis. This study aims to provide an extensive overview of the electric motor market, offering in-depth market segmentation based on connection type, end-use, and geography. Projections indicate rapid growth in the electric motor market during the forecast period. The report delivers critical insights into the market positioning of major players in the electric motor industry and highlights significant market trends and opportunities.
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Report Scope:
The report employs Porter analysis to assess the strengths and weaknesses of key market players. A thorough examination of electric motor market size, market share, trends, total earnings, gross revenue, and profit margins is conducted to accurately forecast market size and offer expert insights to investors, keeping them informed of market changes.
The report also spotlights leading industry players in the global electric motor market, presenting information such as company profiles, product specifications, capacity, production, pricing, costs, revenue, and contact details. This research scrutinizes electric motor market trends, volume, and value at the global, regional, and company levels, taking a global perspective to evaluate historical data and forecasts.
Segmentation:
by Output Power
IHP
FHP
by Type
AC Motor
Synchronous AC Motor
Induction AC Motor
DC Motor
Brushed DC Motor
Brushless DC Motor
Hermetic Motor
by Application
Industrial Machinery
Motor Vehicle
HVAC Equipment
Aerospace and Transportation
Household Appliances
by Voltage Range
9V and below
10V-20V
21V-60V
60V
by Speed
Low Speed
Medium Speed High Speed
Ultra-High Speed
Key Players:
The report investigates significant developments in the electric motor sector, including both organic and inorganic growth strategies. Various companies are focusing on organic growth methods such as new product releases, product approvals, patents, and events. Inorganic growth techniques observed in the sector encompass acquisitions, partnerships, and collaborations. With increasing demand, industry participants in the electric motor market are poised to benefit from promising growth opportunities. Key industry players include:
1. Johnson Electric Holdings Ltd.
2. Baldor Electric Company, Inc.
3. Ametek, Inc.
4. Siemens AG
5. Brook Crompton UK Ltd.
6. Danaher Motion LLC
7. Allied Motion Technologies Inc.
8. Franklin Electric Co., Inc.
9. ABB Group
10. ARC Systems Inc.
11. ASMO Co., Ltd.
12. Dr. Fritz Faulhaber GmbH
13. Emerson Electric
14. Maxon Motor AG
15. Regal Beloit Corporation
16. Rockwell Automation, Inc.
17. Nidec Corporation
18. Wolong
19. WEG
20. Mitsubishi Electric Corporation
21. Mitsuba Corporation
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Regional Analysis:
The Electric Motor Study delves into the market's geographical landscape, further dividing it into sub-regions and countries. This section of the research provides profit estimates and market share data for each nation. It analyzes the share and growth rate of each region, nation, and sub-market throughout the estimated period.
In addition, the report includes a comprehensive PEST analysis for five regions, namely North America, Europe, Asia Pacific, the Middle East and Africa, and South America, considering the political, economic, social, and technological factors impacting the Application Management Services market in these areas.
COVID-19 Impact Analysis on the Application Management Services Market:
The COVID-19 pandemic has triggered substantial changes in consumer behavior across various sectors. Industries must adapt their strategies to accommodate evolving market dynamics. This study offers an overview of COVID-19's impact on the electric motor market, guiding businesses to align with the new industry standards.
The Electric Motor Market Report provides a 360-degree examination of the COVID-19 outbreak, covering aspects from flexible supply chains and import-export controls to regional government policies and the future implications for the industry. The report encompasses detailed market research for the period 2023–2029, insights into competition patterns, pros and cons of major industry elements, industry growth trends (2023–2029), regional industrial layout characteristics, and macroeconomic strategies.
Key Questions Answered in the Report:
How large is the electric motor market?
Which regional market is poised to lead in the coming years?
Which application category is expected to exhibit the fastest growth?
What growth opportunities are anticipated in the electric motor industry?
What are the key challenges the electric motor market may face in the future?
Who are the market leaders in the Application Management Services category?
What are the primary trends influencing market growth?
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