Electric Motor Market Outlook to 2027 - ABB, AMETEK, Franklin Electric, General Electric, Johnson Electric Holdings, Nidec, Regal Beloit, Rockwell Automation, Siemens, Toshiba

An electric motor is a machine that converts electrical energy to mechanical energy. These are broadly used in industrial fans, pumps, disk drives, domestic appliances, electric cars, compressors, machine tools, HVAC applications, power tools, as well as automated robots among others. These motors are gaining adoption over standard motors owing to several factors including longer operating life, low maintenance, low power consumption, and a high tolerance for voltage fluctuations.

The "Global Electric Motor Market Analysis to 2027" is a specialized and in-depth study of the electric motor industry with a special focus on the global market trend analysis. The report aims to provide an overview of electric motor market with detailed market segmentation by motor type, output power, voltage, application, and geography.

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The report enables you to-
- Formulate significant competitor information, analysis, and insights to improve R&D strategies
- Identify emerging players with potentially strong product portfolio and create effective counter strategies to gain competitive advantage
- Identify and understand important and diverse types of Electric Motor under development
- Develop market entry and market expansion strategies
- Plan mergers and acquisitions effectively by identifying major players with the most promising pipeline
- In-depth analysis of the product's current stage of development, territory and estimated launch date.

The rising fuel prices across the globe have created a need to shift to non-conventional sources of fuel. Also, several governments are taking initiatives to reduce the carbon footprint. As a result of this, the production of electric vehicles is witnessing a high demand. Also, governments of certain countries such as China and the US, are supporting the adoption of electric vehicles by offering subsidies and favorable policies. Since electric motors have a major application in electric vehicles, the rise in demand for electric vehicles is expected to propel the electronic motor market growth.

Leading Key Players:

1. ABB Ltd.
2. AMETEK, Inc.
3. Franklin Electric Co. Inc.
4. General Electric
5. Johnson Electric Holdings Limited
6. Nidec Corporation
7. Regal Beloit Corporation
8. Rockwell Automation, Inc.
9. Siemens AG
10. Toshiba Corp

The global electric motor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electric motor market players and offers key trends and opportunities in the market.

The global Electric Motor market is segmented on the basis of motor type, output power, voltage, and application. On the basis of the motor type, the electric motor market is segmented into AC motor and DC Motor. The AC motor segment is further sub-segmented into synchronous AC motors and induction AC motors. Also, DC motor segments is sub-segmented into brushed and brushless DC motors.

The market on the basis of the output power is classified into integral horsepower output and fractional horsepower output. Based on voltage, the market is segmented into 9 V & below, 10-20 V, 21-60 V, and 60 V & above. Furthermore, by application, the market is segmented into industrial machinery, HVAC equipment, motor vehicles, household appliances, aerospace & transportation, and others.

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electric motor market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America (SAM).

The electric motor market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting electric motor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and SAM after evaluating political, economic, social and technological factors affecting the electric motor market in these regions.

The report also includes the profiles of key electric motor companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

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Reason to Buy:

- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the global Electric Motor Market
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Electric Motor Market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.

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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

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This release was published on openPR.