Electric Motor And Generator Market Size Status and Precise Outlook 2021- Siemens AG; ASMO; Rockwell Automation; Emerson Electric Co; ABB Ltd.; Nidec; General Electric

Electric Motor And Generator Market 2021 report helps the clients to take business decisions and to understand strategies of major players in the industry. The report also calls for market- driven results deriving feasibility studies for client needs. Market Insights Reports ensures qualified and verifiable aspects of market data operating in the real- time scenario. The analytical studies are conducted ensuring client needs with a thorough understanding of market capacities in the real- time scenario.

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The global electric motor and generator market is expected to grow from $75.05 billion in 2020 to $78.37 billion in 2021 at a compound annual growth rate (CAGR) of 4.4%.

Top leading Companies Profiled in Electric Motor And Generator Market Report are Siemens AG; ASMO; Rockwell Automation; Emerson Electric Co; ABB Ltd.; Nidec; General Electric Co; Baldor Electric Co.; Danahar Motion LLC; Krollmorgen Corp; Arc Systems; Brook Crompton; Ingersoll-Rand; Ametek Inc; Johnson Electric Holdings Ltd.,; SEW-Eurodrive Inc.; Allied Motion Technologies Inc.; Franklin Electric Co., Inc.; Regal Beloit Corp.

Markets Segmentation:

1) By Type: Motor Manufacturing; Generator Manufacturing 2) By End-User: Industrial; Commercial; Residential 3) By Application: Automobile; Maritime; Power Generation; Industrial

Regional Analysis:

Asia-Pacific (China, India, Japan, South Korea, Australia, Indonesia, Malaysia, and Others), North America (United States, Canada, and Mexico), Central & South America (Brazil, and Rest of South America), Europe (Germany, France, UK, Italy, Russia, and Rest of Europe), Middle East & Africa (GCC Countries, Turkey, Egypt, South Africa and Other)

Market Overview

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 $84.88 billion in 2025 at a CAGR of 2%.

The motors and generators market consists of sales of motors, generators, and related services. The motor converts electrical energy into mechanical energy and the generator converts mechanical energy into electrical energy.

Increasing use of household appliances is expected to contribute to the growth of the motors and generators manufacturing market in the forecast period. Increasing electrification, rising disposable income, and rapid urbanization along with several other factors are boosting the demand for household appliances, which in turn will drive the market for motors. For instance, the global household appliances manufacturing market is expected to grow from $283.8 billion in 2018 to $396.2 billion in 2022 at a CAGR of 8.7%. The growing demand for household appliances that function with a motor will thereby drive the market for motors and generators in the forecast period.

Increased tariffs on raw materials such as steel and aluminium restrained the market for motors and generators manufacturing in the historic period. Steel and aluminium are predominantly used in manufacturing the components for motors. Increasing import tariffs on raw materials such as steel hindered the market for household fans. For instance, in 2018, USA imposed a 25% and 10% tariffs on the import of steel and aluminium respectively. An increase in tariffs will increase operating expenses, thereby restraining the growth of the market.

In February 2018, Generac Holdings Inc, an engine equipment manufacturing company bought Selmec Equipos Industriales for an undisclosed amount. Through this acquisition, Generac Holdings aims to scale up its ottomotors business. Selmec is a leading Mexico based manufacturer of industrial generators.

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Key Takeaways from Electric Motor And Generator Report

─Evaluate market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level – for product types, end use applications and by different industry verticals

─Understand the different dynamics influencing the Electric Motor And Generator market – key driving factors, challenges and hidden opportunities.

─Get in-depth insights on your competitor performance – Electric Motor And Generator market shares, strategies, financial benchmarking, product benchmarking, SWOT and more

─Analyze the sales and distribution channels across key geographies to improve top-line revenues.

─Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.

─Get a quick outlook on the market entropy – M&A’s, deals, partnerships, product launches of all key players for the past 4 years.

─Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the Electric Motor And Generator

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In conclusion, the Electric Motor And Generator market report presents the descriptive analysis of the parent market supported elite players, present, past and artistic movement information which is able to function as a profitable guide for all the Electric Motor And Generator Industry business competitors. Our expert research analyst’s team has been trained to provide in-depth market research reports from every individual sector which will be helpful to understand the industry data in the most precise way.

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