Electric Motor Market Is Expected to Reach $2,302 Million, By Leading Industry Players ABB Group, ARC Systems Inc., ASMO Co., Ltd., Brook Crompton UK Ltd., Dr. Fritz Faulhaber GmbH, Emerson Electric, Maxon Motor AG, Regal Beloit Corporation, Rockwell Auto

The government of various countries offer financial incentives to consumers for purchasing plug-in electric and green vehicles to promote the use of energy-efficient vehicles and low carbon emission vehicles. In January 2013, the Indian Government provided subsidies upto $2,209.6 for plug-in cars and $736.5 for two wheelers. Therefore, the sale of electric vehicles in India is expected to reach 7 million by 2020. The Japanese Government passed the Green Vehicle Promotion Measure program to establish tax deductions and exemptions for using eco-friendly, fuel-efficient vehicles in the region. Moreover, European countries, such as Austria, have exempted plug-in vehicles from fuel consumption tax. In addition, the French government offer incentives for electric cars owners of up to $6,300 depending on the emission levels of the car since Nov 2013. Therefore, government funding initiatives for electric cars drive the global electric motor market.

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Electric Motor Market, by Motor Type, Output Power, Voltage Range, Applications, Speed (RPM) and Geography: Global Opportunity and Forecast, 2014-2022, the electric motor market was valued at $ 91,401 million in 2015 and is projected to reach $117,288 million by 2022, growing at a CAGR of 3.7% from 2016 to 2022. Further, in terms of units, the electric motor industry is projected to reach 853 million units by the end of 2022, at a CAGR of 4.2%.

The report includes the electric motors used in applications such as pumps, compressors, fans, industrial machinery, blowers, domestic appliances, and other applications. The report provides a comprehensive analysis of the types of electric motors used in the industry, including AC, DC, and hermetic motors along with their applications. The revenue generated from the sales of linear motor applications is not considered in the scope of our study. The usage of types of motors in any application depends on the requirements of the application. Therefore, the introduction of advanced electric motors has increased the popularity of high-tech equipment such as robots and electric cars. Moreover, the global electric motor market is segmented based on the output power of the electric motor and their applications in end-user industries such as industrial machinery, transportation, motor vehicles, household appliances, and heating ventilation & air conditioning.

The market estimations in the report include the revenue generated from sales of electric motors for different industrial applications, such as pumps, compressors, automobiles, air conditioners, ventilators, elevators, blowers, fans, motor generators, and others. Every application requires a specific type of motors such as AC induction motors, or brushless DC motor, depending on the requirement of the application. In addition, the report includes the micro level study of various geographies utilizing electric motors for various applications. It discusses the scope for various market players to enter the electric motor market.

Portability of electric motors is a key issue, especially when used in heavy appliances. The electric motors used in applications with complex electric circuit face issues related to portability or replacement of faulty components. Compact electric motors are commonly used in miniature appliances with varied power supply requirements based on their configuration.

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Government organizations take initiatives to reduce environmental pollution caused due to carbon emissions from vehicles. The government of various regions offers subsidies to boost the sales of electric vehicles. Several initiatives are being taken by the government of various countries to reduce environmental pollution. The exemption of fuel consumption tax for plug-in vehicles by European Government has encouraged customers to opt for green vehicles. The Green Vehicle Promotion Measure by the Japanese Government to establish tax deductions and exemptions for eco-friendly and fuel-efficient vehicles is expected to boost the growth of the global electric motor market.

Countries, such as India, the U.S., China, Brazil, and Argentina, show high adoption rate of energy-efficient motors in both industrial and agricultural applications. Electric motors are widely used in heavy industrial equipment as well as agricultural vehicles and machinery. Countries, such as India, Vietnam, Brazil, Argentina, Shri Lanka, and others have a substantial population relying on agriculture. Therefore, the demand for energy-efficient and low-cost electric motors has increased in such countries.

Alternating current (AC) motor is an electrical machine that converts electric energy (alternating current) into mechanical energy, which is utilized by machines to function. Widespread adoption of AC motors is due to the general availability of AC power. Moreover, this type of motor can be built easily with numerous features, and varied sizes ranging from a few watts to thousand kilowatts. Therefore, AC motors are classified as synchronous and induction motors, owing to the plethora of characteristics. They are mainly used in industrial applications and machine tools.

At present, buildings, such as offices, warehouses, hotels, and hospitals, utilize thousands of fans and pumps to manage the heat, to cool the air, and to pump fresh water. Moreover, power electronics paves its way into many sectors owing to its advanced features and high reliability, which facilitate the development of energy-efficient buildings. The induction motors are highly efficient electric motors, with the potential to save 40% of energy. Therefore, the demand for electric motors is on a rise for applications in various residential as well as office buildings, hotels, and warehouses.

LIST OF FIGURES

FIGURE 1. SEGMENTATION
FIGURE 2. GLOBAL ELECTRIC MOTOR MARKET: TOP IMPACTING FACTORS
FIGURE 3. TOP INVESTMENT POCKETS
FIGURE 4. TOP WINNING STRATEGIES, 2014-2016 (%)
FIGURE 5. GLOBAL ELECTRIC MOTOR MARKET: PORTER’S FIVE FORCES ANALYSIS
FIGURE 6. GLOBAL ELECTRIC MOTOR MARKET: VALUE CHAIN ANALYSIS
FIGURE 7. MARKET SHARE ANALYSIS, 2015 (%)
FIGURE 8. GLOBAL SYNCHRONOUS AC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 9. GLOBAL INDUCTION AC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 10. GLOBAL BRUSHED DC ELECTRIC MOTOR MARKET SIZE AND REVENUE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 11. GLOBAL BRUSHLESS DC ELECTRIC MOTOR MARKET SIZE AND REVENUE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 12. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY VOLTAGE RANGE 9 V & BELOW ($MILLION & MILLION UNITS)
FIGURE 13. GLOBAL ELECTRIC MOTOR MARKET, BY VOLTAGE RANGE 10-20 V ($MILLION & MILLION UNITS)
FIGURE 14. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY VOLTAGE RANGE 21-60 V ($MILLION & MILLION UNITS)
FIGURE 15. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY VOLTAGE RANGE 60 V & ABOVE ($MILLION & MILLION UNITS)
FIGURE 16. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY INDUSTRIAL MACHINERY ($MILLION & MILLION UNITS)
FIGURE 17. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY MOTOR VEHICLES ($MILLION & MILLION UNITS)
FIGURE 18. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY HVAC EQUIPMENT ($MILLION & MILLION UNITS)
FIGURE 19. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY AEROSPACE & TRANSPORTATION ($MILLION & MILLION UNITS)
FIGURE 20. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY HOUSEHOLD APPLIANCES ($MILLION & MILLION UNITS)
FIGURE 21. GLOBAL ELECTRIC MOTOR MARKET REVENUE AND SIZE, BY OTHER COMMERCIAL APPLICATIONS ($MILLION & MILLION UNITS)
FIGURE 22. GLOBAL LOW-SPEED ELECTRIC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 23. GLOBAL MEDIUM-SPEED ELECTRIC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 24. GLOBAL HIGH-SPEED ELECTRIC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 25. GLOBAL ULTRAHIGH-SPEED ELECTRIC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 26. NORTH AMERICA ELECTRIC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 27. EUROPE ELECTRIC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 28. ASIA-PACIFIC ELECTRIC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 29. LAMEA ELECTRIC MOTOR MARKET REVENUE AND SIZE, 2014-2022 ($MILLION & MILLION UNITS)
FIGURE 30. ABB GROUP: REVENUE BY YEAR, 2013-2015 ($MILLION)
FIGURE 31. ABB GROUP: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 32. ABB GROUP: REVENUE BY BUSINESS DIVISION, 2015 (%)
FIGURE 33. SWOT ANALYSIS: ABB GROUP
FIGURE 34. SWOT ANALYSIS: ARC SYSTEMS, INC.
FIGURE 35. SWOT ANALYSIS: ASMO CO., LTD.
FIGURE 36. BROOK CROMPTON UK LTD.: REVENUE BY YEAR, 2013-2015 ($MILLION)
FIGURE 37. BROOK CROMPTON UK LTD.: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 38. SWOT ANALYSIS: BROOK CROMPTON UK LTD.
FIGURE 39. SWOT ANALYSIS: DR. FRITZ FAULHABER GMBH
FIGURE 40. EMERSON ELECTRIC CORPORATION: REVENUE BY YEAR, 2013-2015 ($MILLION)
FIGURE 41. EMERSON ELECTRIC CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 42. EMERSON ELECTRIC CORPORATION: REVENUE BY DIVISION, 2015 (%)
FIGURE 43. SWOT ANALYSIS: EMERSON ELECTRIC CORPORATION
FIGURE 44. SWOT ANALYSIS: MAXON MOTOR AG
FIGURE 45. REGAL BELOIT CORPORATION: REVENUE BY YEAR, 2013-2015 ($MILLION)
FIGURE 46. REGAL BELOIT CORPORATION: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 47. REGAL BELOIT CORPORATION: REVENUE BY DIVISION, 2015 (%)
FIGURE 48. SWOT ANALYSIS: REGAL BELOIT CORPORATION
FIGURE 49. ROCKWELL AUTOMATION, INC.: REVENUE BY YEAR, 2013-2015, ($MILLION)
FIGURE 50. ROCKWELL AUTOMATION, INC.: REVENUE BY GEOGRAPHY, 2015 (%)
FIGURE 51. ROCKWELL AUTOMATION, INC.: REVENUE BY DIVISION, 2015 (%)
FIGURE 52. SWOT ANALYSIS: ROCKWELL AUTOMATION, INC.
FIGURE 53. SIEMENS AG: REVENUE BY YEAR, 2014-2016 ($MILLION)
FIGURE 54. SIEMENS AG: REVENUE BY GEOGRAPHY, 2016 (%)
FIGURE 55. SIEMENS AG: REVENUE BY INDUSTRIAL BUSINESS, 2016 (%)
FIGURE 56. SWOT ANALYSIS: SIEMENS AG

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