Electric Motors Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to 2025

North America serves as the most productive region as compared to others with diverse industry verticals significantly investing in automotive and aerospace industries.

According to a new report published by Allied Market Research, titled, "Electric Motor Market by Motor Type, Output Power, Voltage Range, Application, and Speed: Global Opportunity Analysis and Industry Forecast, 2018–2025," the global electric motor market size was valued at $96,967.9 million in 2017, and is projected to reach $136,496.1 million by 2025, growing at a CAGR of 4.5% from 2018 to 2025.

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Standardization & regulatory policies in emerging markets and enhancements in design methods for lowering carbon emissions would create new opportunities in the market.

North America to dominate throughout the forecast period

Based on geography, North America accounted for more than one-third of the total share in 2018 and is expected to maintain its lead position during the forecast period. however, the Asia-Pacific region is expected to register the highest CAGR of 5.4% during the study period.

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Key market players

Leading market players discussed in the research include Siemens AG, Johnson Electric Holdings Limited, Baldor Electric Incorporation, Ametek Incorporation, Allied Motion Technologies Inc., Franklin Electric Cooperative Incorporation, Asmo Corporation Limited, ARC Systems Incorporation, Brook Crompton UK Limited, and Rockwell Automation Incorporation.

The AC motor segment secured the highest share in the global electric motors market in 2017 and is expected to grow at a CAGR of 4.5% during the forecast period. In terms of application, motor vehicles are expected to account for the highest market share in the coming years.

Key Findings Of The Study
• In 2017, the AC motor segment dominated the global electric motor market in terms of revenue, and is projected to grow at a CAGR of 4.5% during the forecast period.
• The FHP output segment is expected to be the largest customer for the electric motor market players globally.
• North America is projected as one of the most dominant regions in the electric motor market and is expected to witness a high growth rate of around 3.8% during the forecast period.

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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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