Press release
Electric Motor Market valued at USD 129.47 Bn in 2022 USD 206.55 Bn by 2029, with a CAGR of 6.9 Parcentage
Electric Motor Market
This comprehensive report delves into the Electric Motor Market, analyzing market dynamics, drivers, restraints, and providing regional insights. It also encompasses a detailed examination of market segments based on type, output power, voltage range, application, and speed. The report employs a robust research methodology, incorporating extensive market analysis, data collection, and a thorough examination of key factors influencing the Electric Motor Market's growth. It includes a combination of primary and secondary research methods, ensuring reliable and accurate findings.
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What are Electric Motor Market Dynamics:
The increase in need for energy-efficient motors, increase in demand for electric motors particularly in agriculture and industrial sectors, rise in awareness about electric & green vehicles among customers, and government funding for emerging efficient electric motors are some of the key factors expected to drive the growth in the global electric motor market size throughout the forecast period. An increase in earning level leading to rising disposable income is majorly boosting the demand for the global electric motors market.
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Electric Motor Market Regional Insights:
Asia Pacific dominated the global Electric Motor Market in 2022, accounting for 48.6% of the market share. The region's strong performance is attributed to increased demand for energy-efficient motors and the rising use of electric cars powered by these motors. Europe and North America also hold dominant market positions, driven by the adoption of energy and resource-efficient motors in HVAC, industrial applications, and hybrid vehicles. Additionally, Latin American, Middle Eastern, and African markets are expected to experience substantial growth, supported by increased government initiatives.
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What is Electric Motor Market Segmentation:
by Output Power
IHP
FHP
by Type
AC Motor
Synchronous AC Motor
Induction AC Motor
DC Motor
Brushed DC Motor
Brushless DC Motor
Hermetic Motor
by Application
Industrial Machinery
Motor Vehicle
HVAC Equipment
Aerospace & Transportation
Household Appliances
by Voltage Range
9V & below
10V-20V
21V-60V
60V
by Speed
Low Speed
Medium Speed High Speed
Ultra-High Speed
Who are Electric Motor Market Key Players:
1. Johnson Electric Holdings Ltd.
2. Baldor Electric Company, Inc.
3. Ametek, Inc.
4. Siemens AG
5. Brook Crompton UK Ltd.
6. Danaher Motion LLC
7. Allied Motion Technologies Inc.
8. Franklin Electric Co., Inc.
9. ABB Group
10. ARC Systems Inc.
11. ASMO Co., Ltd.
12. Dr. Fritz Faulhaber GmbH
13. Emerson Electric
14. Maxon Motor AG
15. Regal Beloit Corporation
16. Rockwell Automation Inc.
17. Nidec Corporation
18. Wolong
19. WEG
20. Mitsubishi Electric Corporation
21. Mitsuba Corporation
Table of content for the Electric Motor Market includes:
Global Electric Motor Market: Research Methodology
Global Electric Motor Market: Executive Summary
Market Overview and Definitions
Introduction to the Global Market
Summary
Key Findings
Recommendations for Investors
Recommendations for Market Leaders
Recommendations for New Market Entry
3.Global Electric Motor Market: Competitive Analysis
MMR Competition Matrix
Market Structure by region
Competitive Benchmarking of Key Players
Consolidation in the Market
M&A by region
Key Developments by Companies
Market Drivers
Market Restraints
Market Opportunities
Market Challenges
Market Dynamics
PORTERS Five Forces Analysis
PESTLE
Regulatory Landscape by region
North America
Europe
Asia Pacific
Middle East and Africa
South America
COVID-19 Impact
4 . Company Profile: Key players
Company Overview
Financial Overview
Global Presence
Capacity Portfolio
Business Strategy
Recent Developments
Key Offerings:
Past Market Size and Competitive Landscape (2022 to 2029)
Past Pricing and price curve by region (2022 to 2029)
Market Size, Share, Size and Forecast by different segment | 2022-2029
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Market Segmentation - A detailed analysis by growth and trend
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
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