The Electric Motor Market Analysis report offers a deep dive assessment of the major trends influencing the expansion trajectory of Electric Motor market. This research document is strategically curated with actionable insights on the pivotal aspects of the industry sphere to empower you with in depth market intelligence. It further includes a granular assessment of the geographical landscape and major segments to accurately determine the size and scope pertaining to Electric Motor market. A comprehensive outlook of the competitive terrain, highlighting the prominent industry players is also entailed in this study.
The electric motor market is valued at USD 121,020 million on 2022 and is anticipated to reach a value of USD 203,320 million in 2030 expanding at a CAGR of 6.7% over the forecast period.
The Electric Motor market report incorporates a comparative analysis of the historical and present data to determine the overall industry valuation and other related variables over 2030. It further explores crucial factors shaping the industry dynamics such as growth determinants, opportunities, and key restraints. You can use these comprehensive data to formulate efficient business centric strategies and meet your growth goals. The information incorporated in this business intelligence report is obtained from reliable sources and is analyzed using proven research methodologies.
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Competitive Analysis
The prominent companies defining the competitive terrain of this business sphere are General Electric, Robert Bosch GmbH, Hitachi, Ltd., Nidec Corporation, WEG S.A., Siemens AG, ABB Group, Regal Beloit Corporation, Toshiba Corporation, Johnson Electric, Hyosung Corporation, Schneider Electric SE, Bonfiglioli Riduttori S.p.A., Kirloskar Electric Company Ltd., Allied Motion Technologies Inc., East West Manufacturing, LLC, Hyundai Electric Co. Ltd., and Others.
Global Electric Motor Market- Segmental Analysis
By Motor Type
Alternate Current (AC) Motor
o Induction Motor
o Synchronous Motor
Direct Current (DC) Motor
o Brushed DC
o Brushless DC
Hermetic Motor
By Power Output
<1HP, 1-5HP
5 – 10 HP
10 -20 HP
20 – 50 HP
50 – 100HP
100– 300 HP
300 – 500HP
Above 500HP
By Rotor
Inner Rotor
Outer Rotor
By Application
Pumps
Fans
Drives
Compressor
General Machinery
Centrifugal Machinery
Grinders
Extruders
Robotics
Others
By End Use
Industrial
o Oil & Gas
o Power Generation
o Mining
o Food & Beverages
o Pulp & Paper
o Chemicals
o Air Separation Plant
o Other Manufacturing
Residential
HVAC & Refrigeration
Medical
Municipal Water Treatment
Transportation
Automotive
o Aviation
o Railways
o Boats
Others
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Key Questions Answered in This Report:
- How has the global Electric Motor performed so far and how will it perform in the coming years?
- What are the key regional Markets?
- What has been the impact of COVID-19 on the global Electric Motor?
- What is the breakup of the Electric Motor based on the type?
- What is the breakup of the Market based on the application?
- What is the breakup of the Electric Motor based on the manufacturing process?
- What is the breakup of the Market based on the price range?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global Electric Motor and who are the key players?
- What is the degree of competition in the industry?
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