Press release
What are the factors contributing in Electric Motor Market growth? Key Players: Emerson, Toshiba, Johnson Electric Inc., Mitsubishi Electric Automation, Inc., ABB, Nidec Motor Corporation, AMETEK
Request Sample Copy of Report: https://www.psmarketresearch.com/market-analysis/electric-motor-market/report-sample
The growth of this category is further expected to be driven by surge in demand for more efficient, more controllable, durable, and low noise electric motors in industrial applications such as actuators, feed drives for computer numerical control (CNC) machines, industrial robots, extruder drives, and others.
Rising industrial activities as well as growing demand for electric vehicles across the globe are among the major factors pushing the growth of electric motors during the forecast period.
Based on motor type, the electric motor market is categorized into AC motor, DC motor, and hermetic motor. AC motor accounted for the largest market share in terms of revenue in 2017, and is further expected to lead the market during the forecast period.
In terms of DC motor, the market is bifurcated into brushless and brushed DC motors. Owing to its advantages such as better speed control, higher efficiency, no sparking, longer lifetime, higher torque to weight ratio, more reliability, and less noise, brushless DC motor category contributed higher revenue share in 2017.
AC motors are deployed for variety of applications, ranging from heavy industrial machineries to household appliances.
On the basis of application, the electric motor market is categorized into motor vehicles, industrial machinery, HVAC equipment, transportation, and household. Motor vehicles category was the application area for electric motors in 2017, and this category further expected to register highest CAGR during the forecast period.
Globally, APAC was the largest market for electric motors, contributing over 55% revenue share to the electric motor market in 2017. This can be attributed to growing demand for electric vehicles predominately in China, due to government initiatives and environmental regulations in the country.
Read Summary of Report Here: https://www.psmarketresearch.com/market-analysis/electric-motor-market/
The key players in the electric motor market are Emerson Electric Co., Nidec Corporation, Toshiba Corporation, Wolong Holding Group Co. Ltd., Johnson Electric Holdings Limited, AMETEK, Inc., Franklin Electric Co., Inc., Mitsubishi Electric Corporation, Regal Beloit Corporation, DENSO Corporation, Robert Bosch GmbH, Siemens AG, and ABB Ltd.
Global Electric Motor Market Segmentation
Market Segmentation by Motor Type
• AC Motor
o Synchronous
o Induction
• DC Motor
o Brushless
o Brushed
• Hermetic Motor
Market Segmentation by Output Power
• Fractional Horsepower
• Integral Horsepower
Market Segmentation by Application
• Motor Vehicles
• Industrial Machinery
• HVAC Equipment
• Transportation
• Household
Read More Related Reports :
APAC Electric Motor Market: https://www.psmarketresearch.com/market-analysis/apac-electric-motor-market
Stepper Motor Market: https://www.psmarketresearch.com/market-analysis/stepper-motor-market
Contact:
P&S Intelligence
Toll-free: +1-888-778-7886 (USA/Canada)
International: +1-347-960-6455
Email: enquiry@psmarketresearch.com
Web: www.psmarketresearch.com
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release What are the factors contributing in Electric Motor Market growth? Key Players: Emerson, Toshiba, Johnson Electric Inc., Mitsubishi Electric Automation, Inc., ABB, Nidec Motor Corporation, AMETEK here
News-ID: 1799589 • Views: …
More Releases from P&S Intelligence
Remote Access Provided by Cloud Category Fuels Call Center AI Market
In 2021, the call center AI market generated sales worth $1,982.9 million, and it is expected to contribute $12,910.6 million in 2030, progressing at a rate of 23.1% from 2021 to 2030, ascribed to the growing up requirements for improved data analytics to manage customer inquiries with the real-time response to improve customer engagement through social media.
In order to pace up the 4th industrial revolution, businesses across various industries…
Growing Demand for CSM System Will Drive the Customer Engagement Solutions Marke …
The total value of the customer engagement solutions market was $18,186.8 million in 2021, and it will rise at a growth rate of above 10% in the near future, to reach $43,398.9 million by 2030. The major reasons behind the growth of this industry are growing usage of such solutions in serval industries like healthcare, telecommunications, BFSI and FMCG.
North America will grow the fastest with a rate of 10.5% in…
Reduced Operational Cost of Energy Efficient Motors Propels Motion Control Marke …
The motion control market generated a revenue of $14,887.5 million in 2021, and it is expected to contribute $23,286.4 million in 2030, progressing at a rate of 5.1% from 2021 to 2030, ascribed to the rising demand for industrial robots and integration of components with the motion control systems for convenient use.
Moreover, the evolving motion control standards and protocols propel the market, for example, the OPC UA TSN protocol controls…
North America, the Largest Revenue Producer in Public Safety and Security Market
The size of the public safety and security market was at $411 billion in the year 2021, which will reach over $1,115 billion by the year 2030, advancing at a growth rate of around 12% in the years to come. This is largely ascribed to the rising application of innovative technologies in smart cities, increasing crime rates, the increasing cases of disastrous accidents, and the growing count of terrorist activities…
More Releases for Motor
SUV Market 2021 Precise Outlook- Honda Motor, Toyota Motor, Nissan Motor, Ford M …
The report presents an in-depth assessment of the SUV Market including enabling technologies, key trends, market drivers, challenges, standardization, regulatory landscape, deployment models, operator case studies, opportunities, future roadmap, value chain, ecosystem player profiles and strategies. The report also presents forecasts for SUV from 2021 till 2027. The report covers the pre COVID-19 historic data, impact of COVID-19 and post-COVID-19 (Corona Virus) impact on various regions and major countries and…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator. The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in the number of…
Passenger Vehicle Market Outlook to 2025 - Top Leading Players Toyota Motor, Vol …
Worldwide Passenger Vehicle Market Analysis to 2025 is a specialized and in-depth study of the Passenger Vehicle Industry with a focus on the global market trend. The report aims to provide an overview of global Passenger Vehicle Market with detailed market segmentation by product/application and geography. The global Passenger Vehicle Market is expected to witness high growth during the forecast period. The report provides key statistics on the Market status…
Micro Motor Industry - Johnson Electric, Siemens, Mitsuba Corporation, Nidec Mot …
Global Micro Motor Market is set to rise from its initial estimated value of USD 28.13 billion in 2018 to an estimated value of USD 39.86 billion, registering a CAGR of 4.45% in the forecast period of 2019-2026. This projected rise in the value can be attributed to the increasing applications and demand from the various segments of the market.
Get Sample Copy of this Report @ https://databridgemarketresearch.com/request-a-sample/?dbmr=global-micro-motor-market
Key Market Competitors: Global…
Electric Vehicle Motor Market by Type (Alternate Current (AC) Motor (Synchronous …
Electric vehicle motor is an electromechanical device used to provide power to electric vehicles by converting electric energy into mechanical energy. This phenomenon is achieved by the interaction of electric motors magnetic field and current. Electric vehicle motor comprises bearings, end bracket, frame, cooling frame, rotor, and stator.
Access Full Report: https://www.alliedmarketresearch.com/electric-vehicle-motor-market
The electric vehicle motor market is expected to witness lucrative growth during the forecast period due to increase in…
Sports Utility Vehicle Market to 2025 – Suzuki Motor, PSA Group, FCA Group, Ho …
Sports utility Vehicles Market are the vehicles which appear as a station wagon designed for the off roads travelling which not only used for commercial purpose but for family purpose also providing high functionality with comfort and luxury and above built with enormous space too. One of the major driver for the growth of Sports Utility Vehicles market is the continual improvement in styling, comfort, outer body and systems in…
