openPR Logo
Press release

Electric Motors Market Report 2024: ABB, Adlee Powertronic Co. Ltd., Allied Motion, Inc., AMETEK, Inc., Baldor Electric Company, Robert Bosch GmbH, Bühler Motor GmbH, Denso Corporation, Dongjin Vietnam, ebm-papst, Emerson Electric Co., FAULHABER Group, Fu

05-22-2020 05:08 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: DecResearch.com

Electric Motors Market

Electric Motors Market

Considering the regional trends, the exponentially rising demand for plug-in vehicles across North America has positively impacted the regional electric motors market outlook. Presence of several automobile manufacturing companies along with vast aftermarket is expected to open up a slew of opportunities for the regional business in the ensuing years. As per the estimates, North America is expected to generate a demand of over 378 million units over the coming seven years and attain a CAGR of 7.5% over 2017-2024.

The latest buzz created by the electric and connected cars have taken the global electric motors market to brew a fresh storm in the worldwide automotive & transportation sector. With the sprawling concept of running electric cars on road, it wouldn't be incorrect to say that electric motors are generating a rather substantial momentum in the transportation industry. Automotive biggies such as Volvo and Volkswagen's pledging to go all electric and pivot away from the conventional petrol and diesel cars, have undoubtedly, elicited electric motors industry players to roll up their sleeves and enhance their production capabilities.

Get sample copy of this research report @ https://www.decresearch.com/request-sample/detail/2144

The fact that the electric car models are significantly turning the prominent mechanical systems including engine cooling systems, power steering, and transmission actuation into electric drives will generate magnificent demand for electric motors market in the ensuing years. As per research, electric motors industry, from the small DC motors used in the automotive sectors, is likely to capitalize highest revenue share exceeding USD 26 billion by 2024.

The rising demand for electric vehicles across the globe have bestowed plethora of M&As, joint ventures, and R&D activities in the industry. Citing some noteworthy instances, in 2011, Bosch and Daimler collaborated as equals to establish a new venture EM-motive GMBH, that would enhance its production capabilities to manufacture electric motors. Reportedly, now the joint venture is a prime distributor of electric motors to OEMs manufacturing e-vehicles and also for the automotive aftermarket. Statistics claim the joint entity to manufacture more that 1 million electric motors by 2020, which not to mention, will have a remarkable impact on electric motors market share.

Analysts deem the stringent regulations toward curbing CO2 emissions to be a pivotal factor influencing the electric car makers to phase out conventional IC engines and embrace electrification. Reports claim that the emission generated by electric vehicles is less than half the CO2 released by fossil fuel vehicles of same weight and performance standards. One of the boldest commitment toward bringing forth zero-emission versions of vehicles has been taken by Volvo Cars. Reportedly, the company will go 100% electric from 2019. Volkswagen was another major in the electric motors market, who plans to attain a sales target of 2 to 3 million electric cars by 2025. The company is offering around 80 new electric vehicles spanning all its sub-brands and groups which include Audi, Bugatti, Bentley and the home brand.

Make an Inquiry for purchasing this Report @ https://www.decresearch.com/inquiry-before-buying/2144

Some Point from Table of Contents:

Chapter 5 Electric Motors Market, By Motor
5.1 Electric motors market share by motor, 2016 & 2024
5.2 Traction Motor
5.2.1 Market estimates and forecast from traction motor, 2013 - 2024, (Million units) (USD Million)
5.2.2 Market estimates and forecast from traction motor by region, 2013 - 2024, (Million units) (USD Million)
5.3 Small DC motors for automotive
5.3.1 Market estimates and forecast from small DC motors for automotive, 2013 - 2024, (Million units) (USD Million)
5.3.2 Market estimates and forecast from small DC motors for automotive by region, 2013 - 2024, (Million units) (USD Million)
5.3.3 Air suspension motors
5.3.3.1 Market estimates and forecast from air suspension motors, 2013 - 2024, (Million units) (USD Million)
5.3.3.2 Market estimates and forecast from air suspension motors by region, 2013 - 2024, (Million units) (USD Million)
5.3.4 ABS motors
5.3.4.1 Market estimates and forecast from ABS motors, 2013 - 2024, (Million units) (USD Million)
5.3.4.2 Market estimates and forecast from ABS motors by region, 2013 - 2024, (Million units) (USD Million)
5.3.5 Vacuum pump motors
5.3.5.1 Market estimates and forecast from vacuum pump motors, 2013 - 2024, (Million units) (USD Million)
5.3.5.2 Market estimates and forecast from vacuum pump motors by region, 2013 - 2024, (Million units) (USD Million)
5.3.6 Fork lift actuation motors
5.3.6.1 Market estimates and forecast from fork lift actuation motors, 2013 - 2024, (Million units) (USD Million)
5.3.6.2 Market estimates and forecast from fork lift actuation motors by region, 2013 - 2024, (Million units) (USD Million)
5.3.7 Cooling fans & blower's motors
5.3.7.1 Market estimates and forecast from cooling fans & blower's motors, 2013 - 2024, (Million units) (USD Million)
5.3.7.2 Market estimates and forecast from cooling fans & blower's motors by region, 2013 - 2024, (Million units) (USD Million)

Browse complete Table of Contents (ToC) of this research report @
https://www.decresearch.com/toc/detail/electric-motors-market

Contact Us: -
DecResearch.com
Website: - https://www.decresearch.com/
Email: info@decresearch.com

About Us: -
DecResearch.com, powered by GMI, is an online aggregator of information on market research reports. The website provides comprehensive information as well as a detailed 'Table of Contents' for reports being regularly published by GMI. Via this platform, users not only get to answers to their questions about these reports, they also have an additional avenue to talk to the sales and research teams of GMI to learn more about the topics of their interest.

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 Electric Motors Market Report 2024: ABB, Adlee Powertronic Co. Ltd., Allied Motion, Inc., AMETEK, Inc., Baldor Electric Company, Robert Bosch GmbH, Bühler Motor GmbH, Denso Corporation, Dongjin Vietnam, ebm-papst, Emerson Electric Co., FAULHABER Group, Fu here

News-ID: 2055427 • Views: 133

More Releases from DecResearch.com

Whats Driving The Plant-based Waters Market Share? PepsiCo Inc., Caliwater LLC, …
Decresearch has recently published a study titled ‘Global Plant-based Waters Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Plant-based Waters market. The report is inclusive of a completely comprehensive study of the Plant-based Waters Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market. A highly methodical quantitative as well as qualitative analysis of…
Whats Driving The Feed Phosphate Market Share? Yara International, The Mosaic Co …
Decresearch has recently published a study titled ‘Global Feed Phosphate Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Feed Phosphate market. The report is inclusive of a completely comprehensive study of the Feed Phosphate Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market. A highly methodical quantitative as well as qualitative analysis of…
Whats Driving The Fish Protein Hydrolysate Market Size? SOPROPECHE, Symrise AG, …
Decresearch has recently published a study titled ‘Global Fish Protein Hydrolysate Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Fish Protein Hydrolysate market. The report is inclusive of a completely comprehensive study of the Fish Protein Hydrolysate Market alongside all the important factors that are likely to have an impact on the commercialization matrix of the market. A highly methodical quantitative as well as…
Whats Driving The Food Safety Testing Market Share? Emsl Analytical Inc, Eurofin …
The global Food Safety Testing market was valued at USD 14 Billion in 2018 and is projected to touch USD 24 Billion by 2025, developing at a CAGR of 7.5% from 2019 to 2025. Decresearch has recently published a study titled ‘Global Food Safety Testing Market Research Report’. In this report, analysts have provided a detailed evaluation of the global Food Safety Testing market. The report is inclusive of a…

All 5 Releases


More Releases for USD

Agriculture Robots worth USD 3.5 billion market
According to Goldstein Research, the rising demand for agriculture robots is being driven by a numerous factors including global population growth, increasing strain on the food supply and decreasing availability of farm workers in developed countries. Global agriculture robots market segmentation includes products types such as driverless tractors, milking robots, potato sorting system, unmanned aerial vehicles and other. The market for agricultural robots is emerging at a rapid pace, with…
Polyurethane Dispersions Market worth USD 2.04 Billion USD by 2020
The report " Polyurethane Dispersions Market by Type (Water-Based Polyurethane Dispersions and Solvent-Based Polyurethane Dispersions), by Application (Coatings, Adhesives & Sealants, Synthetic Leather Production, Fiber Glass Sizing, and Others) - Trends & Forecasts to 2020", The global polyurethane dispersions market is projected to reach USD 2.04 Billion by 2020 at a CAGR of 6.8% between 2015 and 2020. This growth is fueled by the high potential from the textile and…
Retail Analytics Market worth USD 5.1 Billion USD by 2020
According to a new market research report "Retail Analytics Market by Business Function (Marketing and Customer Analytics, Merchandizing and In-Store Analytics, Supply Chain Analytics, Strategy and Planning), by Type, by Solutions and by Services - Global Forecast and Analysis to 2020", defines and segments the global retail analytics market on the basis of business function, solutions, services, deployment types, and regions along with providing an in-depth analysis and market size…
Metabolomics Market USD 1.24 Billion by 2020
The global metabolomics market is estimated to reach USD 1.24 Billion in 2020, growing at a CAGR of 15.6% from 2016 to 2020, according to a market research report Metabolomics Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Metabolomics Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/metabolomics-market/ Metabolomics is the scientific study of chemical processes involving metabolites, whereas metabolome represents the collection of all metabolites in a biological cell, tissue, organ or organism, which…
Albumin Market USD 300 Million by 2020
According to a market research report Albumin Market 2013-2020, published by iHealthcareAnalyst, Inc., the global albumin market is estimated to reach USD 300 Million in 2020, expanding at a CAGR of 2.4% from 2016 to 2020. Visit the Albumin Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/albumin-market/ The global albumin market segmentation is based on type (human serum albumin, bovine serum albumin, recombinant albumin), and its applications (drug formulation and drug delivery, vaccines, components…
Nanomedicine Market USD 170 Billion by 2020
The global nanomedicine market is estimated to reach USD 170 Billion in 2020, growing at a CAGR of 8.9% from 2016 to 2020, according to a market research report Nanomedicine Market 2013-2020, published by iHealthcareAnalyst, Inc. Visit the Nanomedicine Market 2013-2020 report at https://www.ihealthcareanalyst.com/report/nanomedicine-market/ Nanomedicine is the medical application of nanotechnology that ranges from the medical applications of nanomaterials and biological devices, to nanoelectronic biosensors, and even possible future applications of…