Electric Motor Sales market size will grow from USD 99.95 Billion in 2017 to USD 144.37 Billion by 2023, at an estimated CAGR of 6.32%.

Planet Market Reports has added a report, titled, “Global Electric Motor Sales Outlook, For Outdoor Power Market Forecast to 2023.”
Planet Market Reports projects that the Electric Motor Sales market size will grow from USD 99.95 Billion in 2017 to USD 144.37 Billion by 2023, at an estimated CAGR of 6.32%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
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Increasing demand for power utilities and automobile production along with the rise in commercial and residential infrastructure growth, especially in the developing economies, are the major factors for driving the market.Electric motors are widely used in all the sectors and the global production of electric motors are drastically increased in recent years due to increase in the utilization of motors for maximum output from the major sectors such as industrial, agriculture, residential, commercial, and transportation. The electric motor sales market is classified
By Type
into AC and DC motors. AC motors are the fastest growing segment in the electric motor sales market. With increasing applications in end-user industries such as, transportation, chemicals, and many others, the AC motors segment is expected to dominate the market till 2023.

By Market Players

ABB Ltd. , Siemens AG , General Electric Company , Nidec Corporation , Denso Corporation , Allied Motion Technologies, Inc. , Ametek, Inc. , Bosch Group , Emerson Electric Co. , Hitachi, Ltd. , Johnson Electric Holdings Limited , Regal Beloit Corporation , Rockwell Automation , WEG , ARC Systems, Inc. , Baldor Electric Co. , Toshiba International Corporation,

By Type

AC Motors , DC Motors ,

By Voltage
< 1 kV Motors , 1 kV–6.6 kV Motors, > 6.6 kV Motors, ,

By Output Power
< 1 hp Motors , > 1 hp Motors,

By End-User
Industrial , Commercial , Residential , Agriculture , Transportation

The prime objective of this report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth. The data and the information regarding the market are taken from reliable sources such as websites, annual reports of the companies, journals, and others and were checked and validated by the industry experts. The facts and data are represented in the report using diagrams, graphs, pie charts, and other pictorial representations. This enhances the visual representation and also helps in understanding the facts much better.

Points Covered in The Report:

The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2017 and forecast data from 2018 to 2023.
The growth factors of the market is discussed in detail wherein the different end users of the market are explained in detail.
Data and information by manufacturer, by region,
By Application
and etc, and custom research can be added according to specific requirements.
The report contains the SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.

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Contact US:-
Name: Jennifer Daniel
Email-Id: sales@planetmarketreports.com
US: +1-716-2260907
UK: +447441952057
Organization: Planet Market Reports

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