Press release
Electric Motor Market Size to Reach USD 207.3 billion Globally by 20230 Size, Share, Demand, Trends and Growth Opportunities
Electric Motor Market
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Top Companies Covered In This Report:
ABB Ltd., Siemens AG, General Electric Company, Nidec Corporation, Denso Corporation, Allied Motion Technologies, Inc., Ametek, Inc., Bosch Group, Emerson Electric Co., Hitachi, Ltd., Johnson Electric Holdings Limited, Regal Beloit Corporation, Rockwell Automation, WEG, ARC Systems, Inc., Baldor Electric Co., Toshiba International Corporation
Scope of the Report
This research report categorizes the Electric Motor market on the basis of different applications of Electric Motor, geographical analysis, forecasting revenues, and analyzing trends in the Electric Motor market.
On the basis of by type, the market has been segmented as follows:
• AC motors
• DC motors
On the basis of end-user, the market has been segmented as follows:
• Industrial
• Commercial
• Residential
• Agriculture
• Transportation
On the basis of power rating, the market has been segmented as follows:
• 375 kW Motors
On the basis of voltage, the market has been segmented as follows:
• Low Voltage Motors
• Medium Voltage Motors
• High Voltage Motors
On the basis of rotor type, the market has been segmented as follows:
• Inner Rotor
• Outer Rotor
On the basis of output power, the market has been segmented as follows:
• 1 HP
On the basis of region, the market has been segmented as follows:
• Asia Pacific
• Europe
• North America
• Middle East & Africa
• South America
Recent Developments
• In August 2022, ABB announced that it has signed an acquisition to purchase Siemen's low-voltage NEMA motor business. With manufacturing operations in Guadalajara, Mexico, this acquisition provides a well-regarded product portfolio, a longstanding North American customer base, and an experienced operations, sales, and management team.
• In July 2022, WEG launched the W12 electric motor, which is designed for use in high-performance industrial applications while offering versatility and efficiency
• In May 2021, Siemens and Schaeffler Group collaborated to provide intelligent diagnostics for drive and electric motor systems. The collaboration enabled Siemens to combine its IIoT platform Sidrive IQ with Schaeffler Group's expertise in designing, manufacturing, and servicing bearings.
• In March 2020, Wolong Electric acquired GE's small industrial motors business for USD 160 million. This acquisition is expected to help Wolong gain a leading position in terms of market share.
Key Questions Answered in the Report Include:
(1) This report gives all the information about the industry analysis, revenue, and overview, of this market.
(2) What will be the rate of increase in market size and growth rate by the end of the forecast period?
(3) What are the major global Electric Motor Market trends influencing the development of the market?
(4) What are the vital results of SWOT analysis of the major players operating in the Electric Motor Market?
(5) What are the potential growth opportunities and threats faced by Major competitors in the market?
(6) What are the market opportunities and threats faced by vendors in the Global Electric Motor Market?
Table of Content:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope Electric Motor market
Chapter 2: Exclusive Summary - the basic information of Electric Motor Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of Electric Motor
Chapter 4: Presenting Electric Motor Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2016-2021
Chapter 6: Evaluating the leading manufacturers of Electric Motor market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
Conclusion: At the end of Electric Motor Market report, all the findings and estimation are given. It also includes major drivers, and opportunities along with regional analysis. Segment analysis is also providing in terms of type and application both.
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NOTE: Our team is studying Covid-19 and its impact on various industry verticals and wherever required we will be considering Covid-19 analysis of markets and industries. Cordially get in touch for more details.
Related Reports:
https://globalmarketvision.com/reports/global-electric-motor-market/11876
https://globalmarketvision.com/reports/global-automotive-electric-motor-market/17495
https://globalmarketvision.com/reports/global-low-voltage-electric-motor-market/22254
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Email: sales@globalmarketvision.com
Global Market Vision
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