Value Of Industrial Motor Market In 2032 Is Forecast To Surpass USD 25.9 Billion By 2032 End

The global industrial motor market is estimated at USD 17.7 Billion in 2022 and is forecast to reach USD 25.9 Billion by 2032, growing at a CAGR of 3.9% during 2022-2032.
Fact.MR estimates that industrial motor market accounted around ~16% of the global motors market in 2021 due to the fact that companies started moving towards using technically advanced industrial motors that can save energy as well as reduce operation cost in recent past.

Also among various motor designs used in industrial applications, DC motors being used in servo applications on a large scale where accuracy and speed are important uplifted this market. Meanwhile, AC motors were also being largely used in heating and cooling equipment.

𝗖𝗹𝗶𝗰𝗸 𝗛𝗲𝗿𝗲 𝗧𝗼 𝗴𝗲𝘁 𝗮 𝗦𝗮𝗺𝗽𝗹𝗲 𝗥𝗲𝗽𝗼𝗿𝘁 (𝗜𝗻𝗰𝗹𝘂𝗱𝗶𝗻𝗴 𝗙𝘂𝗹𝗹 𝗧𝗢𝗖, 𝗧𝗮𝗯𝗹𝗲 & 𝗙𝗶𝗴𝘂𝗿𝗲𝘀):https://www.factmr.com/connectus/sample?flag=S&rep_id=355

𝗛𝗼𝘄 𝗘𝗮𝘀𝘁 𝗔𝘀𝗶𝗮 𝗶𝘀 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝗲𝗱 𝘁𝗼 𝗪𝗶𝘁𝗻𝗲𝘀𝘀 𝗟𝗮𝗿𝗴𝗲𝘀𝘁 𝗦𝗵𝗮𝗿𝗲 𝗳𝗼𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗼𝗳 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗠𝗼𝘁𝗼𝗿 𝗱𝘂𝗿𝗶𝗻𝗴 𝘁𝗵𝗲 𝗙𝗼𝗿𝗲𝗰𝗮𝘀𝘁 𝗣𝗲𝗿𝗶𝗼𝗱?

The East Asia industrial motor market is expected to provide maximum absolute $ opportunity to its manufacturers comprehended by the availability of strong supply chain networks of industrial motor manufacturers in this region.
Various industrial motors end use industries such as mixers, HVAC, pumps, hydraulics, and fans ha ve been expanding on a remarkable rate over past half-decade and similar trend is to be followed for upcoming decade. Thus, this region is expected to act as a constant source of demand for industrial motor manufacturers over the forecast period and generate considerable revenue for them.
Comprehending the aforementioned factors, China industrial motor market is estimated at USD 4.5 Billion in 2022 and is forecast to surpass market valuation of USD 7.3 Billion by end of 2032, growing at an exciting rate of 3.5% during the forecast period.

𝗪𝗵𝗶𝗰𝗵 𝗘𝗻𝗱 𝗨𝘀𝗲 𝗼𝗳 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗠𝗼𝘁𝗼𝗿 𝗗𝗿𝗶𝘃𝗶𝗻𝗴 𝘁𝗵𝗲 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗧𝗵𝗶𝘀 𝗠𝗮𝗿𝗸𝗲𝘁?

Commercial HVAC is likely to emerge as the biggest user of the industrial motor. Commercial HVAC is projected to create an incremental opportunity exceeding USD 2.6 Billion during 2022-2032.
HVAC systems are the largest consumers of energy in the building, hence, the demand for energy-efficient industrial motor in HVAC is growing. Manufacturers are also developing smart industrial motors that reduce payback time and offer high energy saving. Due to which, this particular end use is projected to provide maximum revenue generating opportunities for manufacturers.

𝗪𝗵𝗮𝘁 𝗶𝘀 𝘁𝗵𝗲 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 𝗼𝗳 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗠𝗼𝘁𝗼𝗿𝘀 𝗶𝗻 𝗔𝗽𝗽𝗹𝗶𝗰𝗮𝘁𝗶𝗼𝗻 𝗼𝗳 𝗣𝘂𝗺𝗽𝘀 𝗮𝗻𝗱 𝗙𝗮𝗻𝘀?

Industrial motors are likely to find the largest application in pumps and fans. Towards 2032 end, pumps and fans segment in industrial motors market is forecast to value around USD 6.7 Billion and is projected to create an absolute dollar opportunity of over USD 2.6 Billion during 2022-2032.
Energy efficient motors are being used on a large scale in the pumps and fans as it affects both the amount of mechanical power required by entire system and overall energy consumption. Thus, demand of industrial motors in pumps and fans is projected to gain 460 BPS during the forecast period of 2022-2032 and grow with CAGR of 4.2% during the same.

𝗚𝗲𝘁 𝗖𝘂𝘀𝘁𝗼𝗺𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗥𝗲𝗽𝗼𝗿𝘁 𝗳𝗼𝗿 𝗦𝗽𝗲𝗰𝗶𝗳𝗶𝗰 𝗖𝗼𝘂𝗻𝘁𝗿𝘆 -https://www.factmr.com/connectus/sample?flag=RC&rep_id=355

𝗖𝗼𝗺𝗽𝗲𝘁𝗶𝘁𝗶𝘃𝗲 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲: 𝗧𝗼𝗽 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗶𝗻 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗠𝗼𝘁𝗼𝗿 𝗠𝗮𝗿𝗸𝗲𝘁

The global industrial motor market is highly fragmented and competitive owing to the existence of many domestic and regional players. Various marketing strategies are adopted by key players such as mergers and acquisitions, expansions, collaborations and partnerships.
Also, new product development as a strategic approach is adopted by the leading companies to upscale their market presence among consumers. These strategies have resulted in the incorporation of advanced industrial motor.
Fact.MR has provided detailed information about price points of top manufacturers of industrial motor positioned across regions, sales growth, production capacity, and speculative technological expansion in the recently published report.

𝗚𝗹𝗼𝗯𝗮𝗹 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝗶𝗮𝗹 𝗠𝗼𝘁𝗼𝗿 𝗠𝗮𝗿𝗸𝗲𝘁 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀

By Efficiency :
• IE1
• IE2
• IE3
• IE4
• DC and others

By Application :
• Compressors
• Pumps & Fans
• Conveyors
• Crushers
• Extruders
• Other Applications

By Motor Type :
• DC Brushed motor
• DC Brushless motor
• Stepper motor
• Traction Motor

By End Use Vertical :
• Commercial HVAC
• F&B Manufacturing
• Mining
• Utilities
• Other Sectors

By Region :
• North America
• Latin America
• Europe
• East Asia
• South Asia & Oceania
• MEA

𝗜𝗻𝘁𝗲𝗿𝗲𝘀𝘁𝗲𝗱 𝘁𝗼 𝗣𝗿𝗼𝗰𝘂𝗿𝗲 𝗧𝗵𝗲 𝗗𝗮𝘁𝗮? 𝗜𝗻𝗾𝘂𝗶𝗿𝗲 𝗵𝗲𝗿𝗲 𝗮𝘁 -https://www.factmr.com/checkout/355

𝗥𝗲𝗽𝗼𝗿𝘁 𝗦𝘂𝗺𝗺𝗮𝗿𝘆

The study offers comprehensive analysis on diverse features, including speculative and current production capacity, capacity utilization rates, captive consumption rates, product type pricing, revenue growth and list of consumers with consumption quantity, trade analysis, product enhancements, and revenue generation from industrial motor across the globe. A comprehensive estimate on the market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the revenue through of industrial motor during the forecast period.

𝗙𝗼𝗿 𝗠𝗼𝗿𝗲 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀:

https://www.prnewswire.com/news-releases/sales-of-trauma-devices-is-likely-to-reach-us-15-9-bn-by-2030-us-dominates-the-upper-extremities-segment--factmr-301652225.html

https://www.prnewswire.com/news-releases/car-washing-and-detailing-services-market-expect-a-sales-revenue-worth-us-55-6-bn-by-2032-north-america-expects-31-of-global-share-says-factmr-301652297.html

https://www.prnewswire.com/news-releases/need-for-mobility-solutions-in-retail-sector-necessitates-cloud-managed-services-market-at-9-6-cagr-through-2032--301653577.html

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