The Electric Motors Global Market Report 2023, provides comprehensive information on the electric motors market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Electric Motors Market’s Growth:
https://www.thebusinessresearchcompany.com/report/electric-motors-global-market-report
As per The Business Research Company’s Electric Motors Global Market Report 2023, the market size is expected to grow from $97.15 billion in 2022 to $102.68 billion in 2023 at a compound annual growth rate (CAGR) of 5.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global electric motors market size is expected to grow to $123.54 billion in 2027 at a CAGR of 4.7%.
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The electric motors market is segmented:
1) By Type: Alternate Current (AC) Motor, Direct Current (AC) Motor, Hermetic Motor
2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP)
3) By Voltage Range: 9v & Below, 10-20 v, 21-60 v, 60 v And Above
4) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation, Household Appliances, Other Commercial Applications
5) By Speed: Low-Speed (less than 1,000 rpm), Medium-Speed (1,001 to 25,000 rpm), High-Speed (25,001 to 75,000 rpm), Ultra-High Speed (greater than 75,001 rpm)
Top Major Players
ABB Ltd.
ARC Systems Inc.
Asmo Co. Ltd
Brook Crompton UK Ltd.
Emerson Electric Co.
Asia-Pacific was the largest region in the electric motors market in 2022.
The table of contents in TBRC’s electric motors market report includes:
1. Executive Summary
2. Electric Motors Market Characteristics
3. Electric Motors Market Trends And Strategies
4. Electric Motors Market – Macro Economic Scenario
5. Electric Motors Market Size And Growth
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26. Africa Electric Motors Market
27. Electric Motors Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Electric Motors Market
29. Electric Motors Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables :
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Electric Motors Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Electric Motors Market, Segmentation By Output Power, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Electric Motors Market, Segmentation By Voltage Range, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 48: ABB Ltd. Financial Performance
Table 49: ARC Systems, Inc. Financial Performance
Table 50: Asmo Co., Ltd. Financial Performance
Table 51: Brook Crompton UK Ltd. Financial Performance
Table 52: Emerson Electric Co. Financial Performance
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