Press release
Electric Motors Market Innovations, Growth Potential, and Outlook 2034
On March 19, 2025, Exactitude Consultancy., Ltd. announces the release of the report "Global Electric Motors Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2034". The Electric Motors market is growing rapidly, driven by increasing demand across automotive, industrial, and household appliance sectors. The shift towards energy-efficient solutions is prompting industries to adopt advanced motor technologies. Rising production of electric vehicles (EVs) and automation in manufacturing are key growth drivers. Permanent magnet synchronous motors (PMSM) and brushless DC motors are gaining popularity due to their efficiency and durability. Innovations in motor designs are improving energy savings and performance. Increasing demand for smart home devices and HVAC systems further supports market expansion.The global Electric Motor Market size was valued at 103 USD billion in 2019, and is expected to reach 188 USD billion by 2028, with a CAGR of 6.9% from 2019 to 2028.
Get a Sample PDF Brochure of the Report (Use Corporate Email ID for a Quick Response):
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This report is also available in the following languages: Japanese (電動モーター), Korea (전기 모터), china (电动机), French (Moteurs électriques), German (Elektromotoren), and Italy (Motori elettrici), etc.
Key Players in This Report Include: ABB, ARC Systems Inc., Denso Corporation, Emerson Electric Co., Johnson Electric Holdings Limited, Maxon, Nidec Corporation, Regal Rexnord Corporation, Rockwell Automation, Inc., and Siemens. and other.
👉 Purchase Now Up to 30% Discount on This Premium Report @
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The Global Electric Motors Market segments and Market Data Break Down are illuminated below:
Electric Motors Market by Motor Type, 2019-2028, (In USD Million)
AC Motor
DC Motor
Electric Motors Market by Output Power, 2019-2028, (IN USD Million)
Integral Horsepower Output
Fractional Horsepower Output
Electric Motors Market by Application, 2019-2028, (In USD Million)
Industrial
HVAC
Medical Equipment
Industrial Machinery
Home Appliances
Others
The latest version of the report (Version 2025) provides analysis through various business metrics including:
- Pestle Analysis
- 4 Ps (Product, Price, Place, and Promotion)
- Porters Analysis
- SWOT Analysis
- Competitive Landscape
- Company Market Share Analysis (US$ Mn)
📍 Geographical Landscape of the Electric Motors market:
The Electric Motors Market report offers detailed insights into the market landscape, which is further categorized into sub-regions and specific countries. This section of the report not only highlights the market share for each country and sub-region but also identifies potential profit opportunities within these areas.
» North America (United States, Canada, and Mexico)
» Europe (Germany, France, UK, Russia, Italy)
» Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
» Latin America (Brazil, Argentina, Colombia)
» Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
📍 Browse Full Report With TOC & List Of Figure:
https://exactitudeconsultancy.com/reports/2133/electric-motor-market/
Key Market Study Points
Growth rate and market size projections from 2025 to 2034
Key factors driving and restraining market growth
Market Trends shaping the future of screw conveyors
Competitive analysis and key player strategies
Technological innovations and their impact on market expansion
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Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.
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