Press release
Electric Motor Industry Is Predicted To Grow At a CAGR of 4.3% During 2018-2025
In terms of consumption side, this report focuses on the consumption of Electric Motor by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc. Electric Motor is a kind of equipment converts electrical energy into mechanical energy. Electric Motor have high endurance,low maintenance, low energy consumption, and longer operating life and are gaining much importance.
The Electric Motor market was valued at 109900 Million US$ in 2017 and is projected to reach 153900 Million US$ by 2025, at a CAGR of 4.3% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Electric Motor.
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This report includes the following manufacturers; we can also add the other companies as you want.
Baldor Electric Company
Ametek
Franklin Electric
Asmo
Allied Motion Technologies
Siemens
Johnson Electric Holdings
Rockwell Automation
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Market Segment by Product Type
AC Motor
DC Motor
Hermetic Motor
Market Segment by Application
Industrial
Motor Vehicles
HVAC
Key Regions split in this report:
North America
Asia-Pacific
Europe
Central & South America
Middle East & Africa
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