Electric Motor Market Overview:
Maximize Market Research (MMR), investigates the Global Electric Motor Market, focusing on each sector while considering global and regional trends. In order to create a balanced Market environment, the primary drivers as well as significant restraints have been thoroughly addressed. To provide readers a complete picture of the Electric Motor Market, the report is separated it into several areas, including Products, Applications, Retailers, and Regions. The report also includes long-term industry estimates for the Global Electric Motor Market.
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.
What are Electric Motor Market Scope?
The report includes an in-depth analysis of the key techniques utilized by the Market players in the Electric Motor Market while keeping a competitive edge. The Electric Motor Market is segmented by Services, End Users, and Enterprise size, with a focus on major firms such as Market leaders, followers, and new entrants. The report provides a comprehensive picture of the competitive landscape of leading players in the Electric Motor Market by revenue, financial status, portfolio, growth strategies, and geographical presence. The report is a detailed analysis of the Electric Motor Market by country, regional and global presence. Regional analysis of the Electric Motor Market is conducted at local, regional, and global levels for a better understanding of the Electric Motor Market penetration, competitive structure, and demand analysis.
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What is Electric Motor Market Segmentation?
by Output Power
• IHP
• FHP
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. They are also used.
by Type
• AC Motor
• Synchronous AC Motor
• Induction AC Motor
• DC Motor
• Brushed DC Motor
• Brushless DC Motor
• Hermetic Motor
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.
by Application
• Industrial Machinery
• Motor Vehicle
• HVAC Equipment
• Aerospace & Transportation
• Household Appliances
The global electric motor market is divided into industrial machinery, motor vehicles, heating, ventilation, and air conditioning equipment, as well as household appliances, based on application. 40.5% of the market was accounted for by the motor vehicle sector in 2021. This large percentage can be attributed to the expanding use of electric motors in the automotive industry. A typical car has about 40 electric motors with power levels ranging from low to high. The development of low-cost, high-efficiency technology and improvements in permanent magnetic materials are other key factors driving the automotive industry.
by Voltage Range
• 9V & below
• 10V-20V
• 21V-60V
• 60V
by Speed
• Low Speed
• Medium Speed High Speed
• Ultra-High Speed
Who are Electric Motor Market Key Players?
• Ametek, Inc.
• 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
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What are Electric Motor Market Regional Insights?
The report includes the Electric Motor Market in regions such as North America, Asia Pacific, the Middle East, Europe, and South America. The report provides a comprehensive analysis of alternatives, difficult conditions, and difficult scenarios of the Electric Motor Market during the research. Various regions and countries have legal barriers, geographic advantages, distinct buying behaviour, etc. The reports help in planning the Market strategies which are suitable and appropriately applicable according to specific countries and regions.
Table of content for the Electric Motor Market includes:
- Global Electric Motor Market: Research Methodology
- Global Electric Motor Market: Executive Summary
- Market Overview and Definitions
- Introduction to Global Electric Motor Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Electric Motor Market: Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Global Electric Motor Market Segmentation
- Global Electric Motor Market, by Output Power(2022-2029)
- Global Electric Motor Market, by Type(2022-2029)
- Global Electric Motor Market, by Application (2022-2029)
- Global Electric Motor Market, by Voltage Range (2022-2029)
- Global Electric Motor Market, by Speed(2022-2029)
- Regional Electric Motor Market(2022-2029)
- Regional Electric Motor Market, by Output Power(2022-2029)
- Regional Electric Motor Market, by Type(2022-2029)
- Regional Electric Motor Market, by Application (2022-2029)
- Regional Electric Motor Market, by Voltage Range (2022-2029)
- Regional Electric Motor Market, by Speed(2022-2029)
- Regional Electric Motor Market, by Country (2022-2029)
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Questions answered in the Electric Motor Market Report are:
- Which region held the largest Market share in the Electric Motor Market?
- What are the opportunities for the Electric Motor Market?
- What factors are affecting the Electric Motor Market growth?
- Who are the key players of the Electric Motor Market?
- Which company held the largest share in the Electric Motor Market?
Key offerings:
- Market Share, Size, and Forecast by Revenue|2022-2029
- Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
- Market Segmentation: A detailed analysis by Electric Motor
- Landscape- Leading key players and other prominent key players.
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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 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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