Electric Motor Market Revenue, Global Trends, Top Players Strategies and Forecast to 2029


Posted March 20, 2023 by maximizegn

The market for electric motors worldwide is divided into several types, including synchronous AC motors, induction motors, brushed DC motors, brushless DC motors, hermetic motors, and AC motors.
 
Electric Motor Market Overview

The Electric Motor Market Research Report covers a detailed analysis of strategy, micro and macro market trends and scenarios, pricing analysis, and short-term market circumstances, as well as an in-depth look at the main rivals. . The report covers future trends that are expected to drive the development of the Electric Motor market.

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Electric Motor Market size was valued at US$ 121.11 Bn in 2021 and the total revenue is expected to grow at 6.9 % through 2022 to 2029, reaching nearly US$ 206.55 Bn.

Electric Motor Market Report Scope and Research Methodology

The report outlines the present and historical growth patterns of the Electric Motor market, along with the state of the market CAGR, market size, forecast and revenue share, and trends price. The Electric Motor market report includes prevailing opportunities, industry-specific challenges, and technical advancements that help key players increase revenue and growth The report includes the competitive landscape along with future technical and financial details of the Electric Motor industry. Company profiles, capacity, manufacturing, price, cost, revenue and statistics are also included in the Electric Motor market report. The bottom-up approach has been used to estimate the Electric Motor market size by value and volume. The Electric Motor market report is a combination of both primary and secondary data collected from extensive research.

Electric Motor Market Regional Insights

The Electric Motor market study includes company profiles from various regions, as well as information on their business strategies and statistics. The analysis of dynamics and the Electric Motor market size has been provided at local, regional and global levels.

Electric Motor Market Segmentation

The market for electric motors worldwide is divided into several types, including synchronous AC motors, induction motors, brushed DC motors, brushless DC motors, hermetic motors, and AC motors. In 2021, the AC Motor segment had the most market share at 70.7%. Due to the growing use of AC motors in industrial applications, the segment is also anticipated to maintain its dominance over the forecast period.

The worldwide electric motor market is divided into IHP and FHP segments based on output power. The output segment with fractional horsepower (FHP) had the biggest market share in 2021 with 87.3%. Its numerous uses in home appliances, including hoovers, espresso makers, and coolers, are the cause of this substantial rise.

Electric Motor Market Key Players

• Siemens AG
• Brook Crompton UK Ltd.
• Danaher Motion LLC
• Allied Motion Technologies Inc.
• Franklin Electric Co., Inc.
• ABB Group
• ARC Systems Inc.
• ASMO Co., Ltd.
• Dr. Fritz Faulhaber GmbH
• Emerson Electric
• Maxon Motor AG
• Regal Beloit Corporation
• Rockwell Automation Inc.
• Nidec Corporation
• Wolong
• WEG
• Mitsubishi Electric Corporation

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Table Of Content:

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Electric Motor Market Size, by Market Value (US$ Bn) and Volume (Units)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

Key questions answered in the Automotive Relay Market are:

What is Electric Motor?
What are the global trends in the Electric Motor Market?
What are the major challenges that the Electric Motor Market could face in the future?
How is the intervention from regulatory authority is shaping the Electric Motor Market?
What growth strategies are the players considering to increase their presence in Automotive Relay Market?
Who held the largest market share in Electric Motor Market?
Key Offerings:

Market Share, Size & Forecast by Revenue | 2022−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis of segments and sub-segments
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
About Maximize Market Research:

Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.

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Issued By geeta
Country India
Categories Business
Tags electric motor market
Last Updated March 20, 2023