Press release
North America Electric DC Motor Market was valued at US$ 3,784.5 million in 2021 and is estimated to reach US$ 6,355.1 million With a CAGR of 7.7% Forecast 2028
The North America electric DC motor market is expected to reach US$ 6,355.1 million by 2028 from US$ 3,784.5 million in 2021. The market is estimated to grow at a CAGR of 7.7% from 2021 to 2028.The Business Market Insights provides you regional research analysis on "North America Electric DC Motor Market" and forecast to 2028. The research report provides deep insights into the regional market revenue, parent market trends, macro-economic indicators, and governing factors, along with market attractiveness per market segment. The report provides an overview of the growth rate of the North America Electric DC Motor market during the forecast period, i.e., 2021-2028.
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Heating, ventilation, and air conditioning (HVAC) systems maintain interior air quality and provide thermal comfort. According to the US Department of Energy, the demand for HVAC equipment in 2020 was 10% higher than in 2019. They are a crucial aspect of modern infrastructure, especially in large office buildings and commercial malls. Electric DC motors are often used in HVAC systems to extend their life, power, and airflow efficiency. These factors are propelling the requirement for HVAC systems across the region, thereby driving the demand for electric DC motors.
The report profiles the key players in the industry, along with a detailed analysis of their individual positions against the regional landscape. The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Electric DC Motor market. The researcher provides an extensive analysis of the North America Electric DC Motor market size, share, trends, overall earnings, gross revenue, and profit margin to accurately draw a forecast and provide expert insights to investors to keep them updated with the trends in the market.
Major key players covered in this report:
• ABB Ltd
• AMETEK Inc.
• Yaskawa Electric Corporation
• Johnson Electric Holdings Limited
• Nidec Corporation
• Siemens AG
• Allied Motion Technologies Inc.
• MinebeaMitsumi, Inc.
• Maxon Motors AG
• Regal Rexnord Corporation
Order a Copy of this North America Electric DC Motor Market research report at - https://www.businessmarketinsights.com/buy/single/TIPRE00028820/?utm_source=OpenPR&utm_medium=10356
The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the North America Electric DC Motor market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the North America Electric DC Motor market segments and regions.
North America Electric DC Motor Market Segmentation
By Type
• Brushed DC Motors
• Brushless DC Motors
By Speed
• Low
• Medium
• High
By Application
• Industrial Machinery
• Automotive and Transportation
• HVAC Equipment
• Aerospace & Defense
• Household Appliances
• Others
The research on the North America Electric DC Motor market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor's methodologies. The research also segments the North America Electric DC Motor market on the basis of end user, product type, application, and demography for the forecast period 2021-2028. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.
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This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the North America Electric DC Motor market.
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