Press release
Energy Efficient Motor Market worth $65.71 billion by 2030, growing at a CAGR of 7.48% - Exclusive Report by 360iResearch
The "Energy Efficient Motor Market by Efficiency Standard/ Level (IE1, IE2, IE3), Type (AC Motors, DC Motors), Output Rating, Application, End-User - Global Forecast 2024-2030" report has been added to 360iResearch.com's offering.The Global Energy Efficient Motor Market to grow from USD 39.64 billion in 2023 to USD 65.71 billion by 2030, at a CAGR of 7.48%.
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An energy-efficient motor (EEM) is a motor that gives the same output strength by consuming lesser amounts of electricity. Energy-efficient motors offer improved efficiency over their traditional counterparts, resulting in significant cost savings and reduced environmental impact. The growing emphasis on the action of green technologies and government regulations aimed at reducing carbon emissions and promoting sustainability are raising the demand for energy-efficient motors. However, the high cost of motors and lack of awareness regarding the availability of energy-efficient motors in developing economies can adversely impact the adoption of energy-efficient motors. Moreover, technological breakthroughs and improvements in energy-efficient motors are expected to encourage the use of energy-efficient motors across the end-use sectors worldwide.
The energy-efficient market is highly evolving in the Americas owing to the rapid expansion of industrial sectors and the growing use of these motors in commercial and residential sectors in the region. The increase in demand for energy-efficient motors in the APAC region is due to the rising cost of energy in this region and the rapid expansion of the manufacturing sector. The energy-efficient motors market is developing in the EMEA region due to its established automotive industry and government initiatives promoting energy efficiency. Additionally, the growing focus on expanding renewable energy projects and adopting energy-efficient solutions for industrial needs are expected to create immense potential for the growth of the energy-efficient motor market worldwide.
Market Segmentation & Coverage:
This research report categorizes the Energy Efficient Motor Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Efficiency Standard/ Level, market is studied across IE1, IE2, IE3, and IE4. The IE2 is projected to witness significant market share during forecast period.
Based on Type, market is studied across AC Motors and DC Motors. The DC Motors is projected to witness significant market share during forecast period.
Based on Output Rating, market is studied across 1-30 KW, 30-90 KW, less than 1 KW, and more than 90 KW. The less than 1 KW is projected to witness significant market share during forecast period.
Based on Application, market is studied across Compressors, HVAC, Material Handling, Pumps, and Refrigeration. The Pumps is projected to witness significant market share during forecast period.
Based on End-User, market is studied across Aerospace & Defense, Agriculture, Automotive, Commercial, Industrial, and Residential. The Commercial is projected to witness significant market share during forecast period.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific is projected to witness significant market share during forecast period.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Energy Efficient Motor Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Energy Efficient Motor Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Energy Efficient Motor Market, highlighting leading vendors and their innovative profiles. These include ABB Ltd., AEM-Anhaltische Elektromotorenwerk Dessau GmbH, Baumüller Nürnberg GmbH, Bonfiglioli Riduttori S.p.A., Brook Crompton UK Ltd., Danfoss A/S, Delta Electronics, Inc., Emerson Electric Co., Franklin Electric Europa GmbH, Fuji Electric Co., Ltd., Hitachi, Ltd., Kollmorgen Corporation, Leroy-Somer by Nidec Motor Corporation, Marathon Electric by Regal Rexnord Corporation, Menzel Elektromotoren GmbH, Mitsubishi Electric Corporation, Moog Inc., NORD Drivesystems Pvt. Ltd., Parker Hannifin AB NUF, Robert Bosch GmbH, SEW-Eurodrive GmbH & Co KG, Siemens AG, Sumitomo Heavy Industries, Ltd., Techtop Electric Motors, TECO-Westinghouse, Toshiba International Corporation, VEM Group, Wolong Electric Group Co., Ltd, and Yaskawa Electric Corporation.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Energy Efficient Motor Market, by Efficiency Standard/ Level
7. Energy Efficient Motor Market, by Type
8. Energy Efficient Motor Market, by Output Rating
9. Energy Efficient Motor Market, by Application
10. Energy Efficient Motor Market, by End-User
11. Americas Energy Efficient Motor Market
12. Asia-Pacific Energy Efficient Motor Market
13. Europe, Middle East & Africa Energy Efficient Motor Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Energy Efficient Motor Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Energy Efficient Motor Market?
3. What is the competitive strategic window for opportunities in the Energy Efficient Motor Market?
4. What are the technology trends and regulatory frameworks in the Energy Efficient Motor Market?
5. What is the market share of the leading vendors in the Energy Efficient Motor Market?
6. What modes and strategic moves are considered suitable for entering the Energy Efficient Motor Market?
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About 360iResearch
360iResearch is a market research and business consulting company headquartered in India, with clients and focus markets spanning the globe.
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