Press release
Consumer Electronics Electric Motor Market Registering a CAGR of 6.5% and is Projected to reach $23,479.2 million by 2032
๐๐ผ๐ป๐๐๐บ๐ฒ๐ฟ ๐๐น๐ฒ๐ฐ๐๐ฟ๐ผ๐ป๐ถ๐ฐ๐ ๐๐น๐ฒ๐ฐ๐๐ฟ๐ถ๐ฐ ๐ ๐ผ๐๐ผ๐ฟ ๐ ๐ฎ๐ฟ๐ธ๐ฒ๐: ๐๐ฟ๐ผ๐๐๐ต, ๐ง๐ฟ๐ฒ๐ป๐ฑ๐, ๐ฎ๐ป๐ฑ ๐๐๐๐๐ฟ๐ฒ ๐ฃ๐ฟ๐ผ๐๐ฝ๐ฒ๐ฐ๐๐๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ข๐๐ฒ๐ฟ๐๐ถ๐ฒ๐
According to a new report published by Allied Market Research, the global consumer electronics electric motor market was valued at $12.5 billion in 2022 and is projected to reach $23.5 billion by 2032, growing at a compound annual growth rate (CAGR) of 6.5% from 2023 to 2032. The increasing adoption of compact and portable consumer electronic devices such as smartphones, telephones, and wearable technology has been a major driver of market expansion. Additionally, the rising awareness of electric and green vehicles has contributed to the growth of this sector.
๐๐จ๐ฐ๐ง๐ฅ๐จ๐๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐@ https://www.alliedmarketresearch.com/request-sample/A53540
๐จ๐ป๐ฑ๐ฒ๐ฟ๐๐๐ฎ๐ป๐ฑ๐ถ๐ป๐ด ๐๐ผ๐ป๐๐๐บ๐ฒ๐ฟ ๐๐น๐ฒ๐ฐ๐๐ฟ๐ผ๐ป๐ถ๐ฐ๐ ๐๐น๐ฒ๐ฐ๐๐ฟ๐ถ๐ฐ ๐ ๐ผ๐๐ผ๐ฟ๐
Electric motors for consumer electronics are specialized electrical devices that convert electrical energy into mechanical motion, enabling the operation of various appliances and gadgets. These motors are engineered to meet specific requirements and performance criteria, ensuring efficient functionality, reliability, and seamless integration with consumer electronic devices.
๐๐ฒ๐ ๐๐ฟ๐ผ๐๐๐ต ๐๐ฟ๐ถ๐๐ฒ๐ฟ๐
The increasing demand for consumer electronics electric motors is driven by several factors, including:
Rising Adoption of Household Appliances: The surge in demand for home appliances like refrigerators, washing machines, and kitchen gadgets has fueled the market growth. These devices rely on electric motors for automation and enhanced efficiency.
Expansion of Smart and Connected Devices: The growing popularity of IoT-based appliances and wearable technology has amplified the need for electric motors in automation and connectivity features.
Increase in Consumer Electronics Production: The rising demand for smartphones, laptops, smart home appliances, and other electronic devices has led to higher production volumes, consequently increasing the demand for electric motors.
Technological Advancements and Innovations: Manufacturers are continuously developing new technologies and enhancing existing products to remain competitive in the market. The integration of multi-technology electric motors has improved automation and energy efficiency in consumer electronics.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐๐ต๐ฎ๐น๐น๐ฒ๐ป๐ด๐ฒ๐
Despite its growth, the consumer electronics electric motor market faces certain challenges:
Complexity and Cost of Electronic Controllers: Electric motors often require electronic switching controllers to alter voltage in sync with motor rotation. These controllers add to the overall cost and complexity of motor solutions.
Overheating and Maintenance Issues: Electric motor failures due to overheating and increasing maintenance costs for DC motors pose a challenge for manufacturers and consumers alike.
๐๐ง๐ช๐ฎ๐ข๐ซ๐ ๐๐๐๐จ๐ซ๐ ๐๐ฎ๐ฒ๐ข๐ง๐ @ https://www.alliedmarketresearch.com/purchase-enquiry/A53540
Regulatory Compliance: Governments worldwide have implemented stringent energy efficiency standards for household appliances, compelling manufacturers to invest in more efficient motor technologies.
๐ ๐ฎ๐ฟ๐ธ๐ฒ๐ ๐ง๐ฟ๐ฒ๐ป๐ฑ๐ ๐ฎ๐ป๐ฑ ๐ข๐ฝ๐ฝ๐ผ๐ฟ๐๐๐ป๐ถ๐๐ถ๐ฒ๐
The consumer electronics electric motor market is witnessing several key trends that present lucrative opportunities:
Growth in Urbanization and Changing Lifestyles: Rapid urbanization, the rise in nuclear families, and improvements in living standards have led to an increased demand for consumer electronics, thereby boosting the market for electric motors.
Advancements in Smart Home Devices: The growing adoption of motorized locks, smart blinds, and automated thermostats, all of which rely on electric motors, is driving market expansion.
Development of High-Efficiency Motors: Continuous research and development efforts are leading to the creation of more efficient electric motors for appliances like refrigerators, washing machines, and kitchen gadgets. These innovations result in longer-lasting devices, reduced energy consumption, and enhanced performance.
๐ฅ๐ฒ๐ด๐ถ๐ผ๐ป๐ฎ๐น ๐๐ป๐๐ถ๐ด๐ต๐๐
Asia-Pacific is anticipated to dominate the consumer electronics electric motor market, primarily due to:
Strong Manufacturing Base: Countries like China, Japan, and South Korea are major hubs for consumer electronics production, contributing to increased demand for electric motors.
Rising Disposable Income: Growing middle-class populations and increasing purchasing power have led to a surge in demand for consumer electronics in this region.
Government Initiatives for Energy Efficiency: Many Asia-Pacific nations have implemented policies promoting energy-efficient appliances, further driving the adoption of advanced electric motors.
๐๐๐น๐น ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐ ๐ช๐ถ๐๐ต ๐ง๐ข๐@ https://www.alliedmarketresearch.com/consumer-electronics-electric-motor-market-A53540
๐๐ผ๐บ๐ฝ๐ฒ๐๐ถ๐๐ถ๐๐ฒ ๐๐ฎ๐ป๐ฑ๐๐ฐ๐ฎ๐ฝ๐ฒ
Key players in the consumer electronics electric motor market are focusing on expanding their global footprint, improving product offerings, and investing in research and development. Notable companies include:
Maxon Motor
Nidec Corporation
Johnson Electric Holdings
ABB Group
Siemens AG
Panasonic Corporation
For instance, in July 2022, Maxon Motor, a Swiss producer of motor systems, established a sales office in Mexico to enhance customer service and expand its brand in Latin America. Such initiatives are expected to propel market growth during the forecast period.
๐๐๐๐๐ฟ๐ฒ ๐ข๐๐๐น๐ผ๐ผ๐ธ
The consumer electronics electric motor market is poised for significant growth in the coming years, driven by technological advancements, increasing consumer demand, and regulatory push for energy-efficient solutions. As major brands introduce cost-effective models with innovative features, the market is expected to witness substantial expansion.
๐๐ฒ๐ ๐๐ถ๐ป๐ฑ๐ถ๐ป๐ด๐ ๐ผ๐ณ ๐๐ต๐ฒ ๐ฆ๐๐๐ฑ๐
The report provides a detailed analysis of emerging trends and market dynamics.
The DC motor segment accounted for the largest revenue share in 2022.
The up to 50V segment generated the highest revenue based on voltage.
The refrigerator segment dominated the application category in 2022.
Asia-Pacific is expected to lead the market in the forecast period.
Contact Us:
United States
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
Fax: +1-800-792-5285
help@alliedmarketresearch.com
About Allied Market Research:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Allied Market Research CEO Pawan Kumar is instrumental in inspiring and encouraging everyone associated with the company to maintain high quality of data and help clients in every way possible to achieve success. Each and every data presented in the report
Construction Blog https://steemit.com/@vijayanalytics/posts
Construction Material Blog https://www.quora.com/profile/Vijay-Conma/posts
Construction Blog https://vijayanalytics.blogspot.com/
Construction Material Blog https://vijayconma.medium.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Consumer Electronics Electric Motor Market Registering a CAGR of 6.5% and is Projected to reach $23,479.2 million by 2032 here
News-ID: 3854249 • Views: โฆ
More Releases from Allied Market Research

Cream Powder Market to Reach $8.9 Billion by 2031 with 6.4% CAGR
The global cream powder industry was estimated at $4.8 billion in 2021 and is expected to hit $8.9 billion by 2031, registering a CAGR of 6.4% from 2022 to 2031.
The cream powder market is experiencing growth due to various factors, including the increasing popularity of bakeries and HoReCa (hotels, restaurants, and cafes) and rising consumer demand for natural products. The dairy-based segment is a significant contributor to the market's growthโฆ

Micro Drone Market Valued at $6.71 Billion in 2020, Expected to Reach $28.91 Bil โฆ
The global micro drone industry generated $6.71 billion in 2020, and is expected to reach $28.91 billion in 2030, witnessing a CAGR of 17.2% from 2021 to 2030. The report provides an extensive analysis of changing market dynamics, top segments, top investment pockets, regional landscape, value chain, and competitive scenario.
Increased operational efficiency and rise in demand for improved surveillance drive the growth of the global micro drone market. However, strictโฆ

Microwavable Foods Market to reach $230.93 billion by 2031, growing at a CAGR of โฆ
The global microwaveable foods industry was accounted for $120.45 billion in 2020, and is expected to reach $230.93 billion by 2031, growing at a CAGR of 5.6% from 2022 to 2031.
Rise in popularity of fast-food restaurants and large population base coupled with increase in number of quick-service restaurants drive the global microwaveable foods market. However, lack of awareness about microwavable foods hinders the market growth. On the contrary, rise inโฆ

Bluetooth 5.0 Market is Projected to Grow Expeditiously: to Reach $11.7 Billion โฆ
As per the report, the global Bluetooth 5.0 market was accounted for $4.2 billion in 2021, and is expected to reach $11.7 billion by 2031, growing at a CAGR of 10.9% from 2022 to 2031.
Bluetooth 5.0 is the newest overarching innovation of Bluetooth, it is the wireless, close-range technology found in smartphones, smartwatches, tablets, wireless headphones and speakers, laptops, desktop computers, and more.
Request Sample Report (Get Full Insights inโฆ
More Releases for Electric
Electric Motors for Electric Vehicle Market by Manufacturers: Hitachi Automotive โฆ
Electric Motors for Electric Vehicle Market research report analyzes and studies the Electric Motors for Electric Vehicle Market's production, value, financial status, and capacity. It also provides information about market share and development plans during the projected period. Moreover, the Electric Motors for Electric Vehicle Market research report provides data about key manufacturers and focuses on the market competition landscape by analyzing the market by application, product type, and region.
Clickโฆ
Thermal Overload Relay Market 2021 Precise Outlook - ABB, Schneider Electric, Ea โฆ
Global Thermal Overload Relay Market Size, Status and Forecast 2021
The Global Thermal Overload Relay Market report offers in-depth information and comprehensive analysis of the market. It provides a complete overview of the market with detailed insights on key aspects including the current market situation, potential size, volume, and dynamics of the market. This research report makes a thorough assessment of the COVID-19 pandemic and its impact on the current marketโฆ
Wireless Sensors Market Regional Outlook, Top Manufactures General Electric, Yok โฆ
The Global Wireless Sensors Market is measurement tools equipped with transmitters that convert signals from instruments into radio transmission signals. Increasing interest of manufacturers in research and development of more efficient Wireless sensors are expected to drive the wireless sensors market. However, this market is highly competitive and price sensitive are hampering the growth of the market.
For More Info, Get Sample Report Here @ https://www.orianresearch.com/request-sample/1371276
What you can expect fromโฆ
Global Electric Motors for Electric Vehicles Market 2025 | MAHLE GmbH, Protean E โฆ
Researchmoz added Most up-to-date research on "Global Electric Motors for Electric Vehicles Market Insights, Forecast to 2025" to its huge collection of research reports.
This report presents the worldwide Electric Motors for Electric Vehicles market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunitiesโฆ
Yokogawa Electric, General Electric Profiled in Smart Factory Solutions Market 2 โฆ
Global Smart Factory Solutions Market which focuses on effective strategies of the business framework. It highlights the recent market trends stringent energy regulations and growing pressure to conform to energy efficiency. The research methods and tools used to analyze the studies are both primary and secondary research.
This market research report on analyzes the growth prospects for the key vendors operating in this market space including Siemens, ABB, Honeywell International, Yokogawaโฆ
Global Quartz Heat Lamps Market 2017 : Indu Electric Gerber, Schneider Electric, โฆ
The Market Research Store report offers majority of the latest and newest industry data that covers the overall market situation along with future prospects for Quartz Heat Lamps market around the globe. The research study includes significant data and also forecasts of the global market which makes the research report a helpful resource for marketing people, analysts, industry executives, consultants, sales and product managers, and other people who are inโฆ