Electric Motors Market (AC motors, DC motors, Hermetic motors) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2022 - 2027
The electric motor market is expected to exceed more than US$ 130 Billion by 2025.
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Major Players
Study period:
Fastest Growing Market:
2022-2027
APAC
Base Year:
Largest Market:
2021
North America
CAGR:
REPORT DESCRIPTION
Electric motor is a mechanism which changes the electrical energy into mechanical energy. Every kind of motor working in different way but all motor uses the power of the electromagnetic field. The fundamental design behind electric motor is first apply electricity into one end of electric motor then metal rod is rotating and generates power which gives force to various machines at another end. For converting electric energy into mechanical energy electric motor uses different forces and theory such as electricity, magnesium, inertia and angular momentum and electric current, alternating current, faradays theory and more. It contain main two kinds of mechanism the first one is stator oso called as winding a which is static part contain magnet around the frame of the motor container. Another component is rotor which is rotating part of motor present within the stator contain commutator is coil build on axle which rotates around at high rate.
The electric motor market is expected to exceed more than US$ 130 Billion by 2025.
The major driving factors of electric motor market are as follows:
o Electric motor have resourceful energy.
o Growing requirement in industrial sector.
o Increasing alertness about electric vehicles and green vehicle among consumer.
o Rising requirement in farming divison.
o Government supporting for high efficient electric motor.
o Growing demand for HVAC applications.
The restraining factors of electric motor market are as follows:
o Electric motor having high primary cost.
o Portability
The electric motor market is segmented on the lines of its type, application and output power. The electric motor market is segmented on the lines of its type like alternating current (AC) motor, direct current (DC) motor and hermetic motors. The alternating current motor is further segmented into synchronous alternating current motor and induction alternating current motor. Under direct current motor segmentation it covered brushed direct current motor and brushless direct current motor. The electric motor market is segmented on the lines of its application like industrial machinery, motor vehicles, heating ventilating and cooling (HVAC) equipment, aerospace , transportation, household appliances and other commercial applications. The electric motor market is segmented on the lines of its output power like integral horsepower (IHP) output and fractional horsepower (FHP) output. The electric motor market is 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 motor 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 electric motor
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 various types of electric motor 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 Ametek Inc., Allied Motion Technologies, Inc, Baldor Electric Company, Inc. (ABB Group), Siemens, Johnson Electric Holdings Ltd., Rockwell Automation, Inc, Franklin Electric Co., Inc., Asmo Co., Ltd., ARC Systems, Inc and Brook Crompton UK Ltd
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 Electric motor Market has been segmented as below:
by Type Analysis
• Alternating Current (AC) Motor
o Synchronous AC Motor
o Induction AC Motor
• Direct Current (DC) Motor
o Brushed DC Motor
o Brushless DC Motor
• Hermetic Motors
by Application Analysis
• Industrial Machinery
• Motor Vehicles
• Heating Ventilating and Cooling (HVAC) Equipment
• Aerospace and Transportation
• Household Appliances
• Other Commercial Applications
by Output power Analysis
• Integral Horsepower (IHP) Output
• Fractional Horsepower (FHP) Output
by Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
Reasons to Buy this Report:
1) Obtain the most up to date information available on all active and planned electric motor industry globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of electric motor industry and unit capacity 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.
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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
8.1 Introduction
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 Electric motor Market has been segmented as below:
by Type Analysis
• Alternating Current (AC) Motor
o Synchronous AC Motor
o Induction AC Motor
• Direct Current (DC) Motor
o Brushed DC Motor
o Brushless DC Motor
• Hermetic Motors
by Application Analysis
• Industrial Machinery
• Motor Vehicles
• Heating Ventilating and Cooling (HVAC) Equipment
• Aerospace and Transportation
• Household Appliances
• Other Commercial Applications
by Output power Analysis
• Integral Horsepower (IHP) Output
• Fractional Horsepower (FHP) Output
by Regional Analysis
North America
Europe
Asia-Pacific
Rest of the World
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