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Electric Motors Market - Future Growth, Comprehensive Analysis And Key Players - ABB Ltd., ARC Systems, Inc
The Business Research Company offers “Electric Motors Global Market Report 2021 - By Type (Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor), By Application (Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation, Household Appliances, Other Commercial Applications), By Output Power (Integral Horsepower (IHP), Fractional Horsepower (FHP)), By Voltage Range (9V & Below, 10-20 V, 21-60 V, 60 V And Above), By Speed (Low-Speed (Less Than 1,000 Rpm), Medium-Speed (1,001 To 25,000 Rpm), High-Speed (25,001 To 75,000 Rpm), Ultra-High Speed (Greater Than 75,001 Rpm)), COVID-19 Impact And Recovery" in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trend s and strategies that players in the market can adopt.The electric motors market report describes and explains the global electric motors market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The report evaluates the market across each region and for the major economies within each region.
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The electric motor manufacturing market consists of sales of electric motors. A motor converts electrical energy into mechanical energy and supplies power to devices. The motor manufacturing market is segmented into AC motor and DC motor. It works on the principles of electromagnetism with properties such as durability, high efficiency, low energy consumption, and low maintenance. These include components such as rotor, bearings, stator, air gap, windings, and commutator. Devices that use electric motors consist of fans, blowers, household appliances, disk drives, batteries and power tools, machine tools, domestic appliances, HVAC applications, electric cars, and automated robots.
The global electric motors market is expected to grow from $64.1 billion in 2020 to $66.88 billion in 2021 at a compound annual growth rate (CAGR) of 4.3%.The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $72.18 billion in 2025 at a CAGR of 2%.
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Some of the major players of the electric motors market are Asahi Kasei Corp., Braskem S.A., Chevron Phillips Chemical Co., Dow Chemical Co., Exxon Mobil Corp., Formosa Plastics Corp.
The countries covered in the global electric motors market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.
The regions covered in the global electric motors market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
The global electric motors market is segmented -
1) By Type: Alternate Current (AC) Motor, Direct Current (DC) Motor, Hermetic Motor,
2) By Output Power: Integral Horsepower (IHP), Fractional Horsepower (FHP),
3) By Voltage Range: 9V & Below, 10-20 V, 21-60 V, 60 V And Above
4) By Application: Industrial Machinery, Motor Vehicle, HVAC Equipment, Aerospace & Transportation, Household Appliances, Other Commercial Applications
5) By Speed: Low-Speed (less than 1,000 rpm), Medium-Speed (1,001 to 25,000 rpm), High-Speed (25,001 to 75,000 rpm), Ultra-High Speed (greater than 75,001 rpm)
Read More On The Global Electric Motors Market Report:
https://www.thebusinessresearchcompany.com/report/electric-motors-global-market-report
Few Points From Table Of Content
1. Executive Summary
2. Electric Motors Market Characteristics
3. Electric Motors Market Trends And Strategies
4. Impact Of COVID-19 On Electric Motors
5. Electric Motors Market Size And Growth
.....
27. Electric Motors Market Competitive Landscape And Company Profiles
29. Key Mergers And Acquisitions In The Electric Motors Market
29. Electric Motors Market Future Outlook and Potential Analysis
30. Appendix
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