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Electric Motor Market Size to reach a value of $175.5 billion by 2024- KBV Research

04-23-2019 01:18 PM CET | IT, New Media & Software

Press release from: KBV Research

/ PR Agency: KBV Research
Electric Motor Market Size- KBV Research

Electric Motor Market Size- KBV Research

According to a new report Global Electric Motor Market, published by KBV research, The Global Electric Motor Market size is expected to reach $175.5 billion by 2024, rising at a market growth of 7.4% CAGR during the forecast period.

The North America market would grow at a CAGR of 6.7 % during the forecast period. The Europe market is expected to witness a CAGR of 7.1% during (2018-2024). Additionally, The Asia Pacific market is expected to witness a CAGR of 7.8% during (2018-2024).

The Fractional Horsepower (FHP) Output market dominated the Global Electric Motor Market by Output Power 2017. The Integral Horsepower (FHP) Output market is expected to witness a CAGR of 6.2% during (2018-2024).
The Motor Vehicles market dominated the Global Electric Motor Market by End User 2017, growing at a CAGR of 6.4 % during the forecast period. The Industrial Machinery market is expected to witness a CAGR of 6.6% during (2018-2024). The Heating Ventilating and Cooling (HVAC) Equipment market is expected to witness a CAGR of 8.7% during (2018-2024). Additionally, The Household Appliances market is expected to witness highest CAGR of 9% during (2018-2024).

Full Report: https://www.kbvresearch.com/global-electric-motor-market/

For more details: https://www.kbvresearch.com/subscription-model/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Robert Bosch GmbH, General Electric (GE), Siemens AG, Hitachi, Ltd., Mitsubishi Heavy Industries Ltd., ABB Corporation, Emerson Electric Co., Denso Corporation, Toshiba Corporation, and Brook Crompton UK Ltd.

Global Electric Motor Market Segmentation

By Component

AC Motor
Synchronous AC Motor
Induction AC Motor
DC Motor
Brushless DC Motor
Brushed DC Motor
Hermetic Motor
By Output Power
Fractional Horsepower (FHP) Output
Integral Horsepower (FHP) Output

By End User

Motor Vehicles
Industrial Machinery
Heating Ventilating and Cooling (HVAC) Equipment
Household Appliances
Aerospace & Transportation
Others

By Geography

North America

US
Canada
Mexico
Rest of North America

Europe

Germany
UK
France
Russia
Spain
Italy
Rest of Europe

Asia Pacific

China
Japan
India
South Korea
Singapore
Malaysia
Rest of Asia Pacific

LAMEA

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Companies Profiled

Robert Bosch GmbH
General Electric (GE)
Siemens AG
Hitachi, Ltd.
Mitsubishi Heavy Industries Ltd.
ABB Corporation
Emerson Electric Co.
Denso Corporation
Toshiba Corporation
Brook Crompton UK Ltd.

Unique Offerings from KBV Research

Exhaustive coverage of Electric Motor Market Size
Highest number of market tables and figures
Subscription based model available
Guaranteed best price
Assured post sales research support with 10% customization free

Related Reports:

North America Market
Europe Market
Asia Pacific Market
LAMEA Market

KVB Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals.

244 Fifth Avenue, Suite 1407
New York, N.Y. 10001
United States (U.S)
Tel: +1 (646) 661-6066
Email: info@kbvresearch.com

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