Press release
Electric Motor Market Demand and Opportunities by 2022 With Key Players; Johnson Electric, AMETEK, Franklin Electric, DENSO, Robert Bosch GmbH, SL INDUSTRIES - Montevideo Technology Inc. and ABB
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The divided assembling industry and high overall revenues for manufactured items within the emerging economies make them alluring to investors when contrasted with developed economies. The nations, for example, China and India have substantial populace base and the modern and business infrastructure has been enhancing, along these lines outlining enormous market potential.
Assembling electric motors and electric motor driven frameworks in the developing regions tend to diminish the general cost of assembling, in this manner lessening the cost of the item without adjusting the quality. Also, with the expanding compliance for electric vehicles alongside stringent emission norms are relied upon to support the interest for electric motors in the emerging economies. In this manner, the expanding interest for electric motors in developing countries creates adequate opportunities for the manufacturers of electric motors.
The key players in the global electric motor market are Johnson Electric Holdings Limited, AMETEK, Inc., Franklin Electric Co., Inc., ASMO Co., Ltd., Denso Corporation, Robert Bosch GmbH, SL Montevideo Technology, Inc., Siemens AG, ABB LTd. and ARC Systems Inc.
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GLOBAL ELECTRIC MOTOR MARKET SEGMENTATION -
By Motor Type
• AC Motors
• DC Motors
• Hermetic Motors
By Output Power
• Fractional Horsepower (FHP) Output
• Integral Horsepower (FHP) Output
By Application
• Motor Vehicles
• Industrial Machinery
• Transportation
• Household Appliances
• Others
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