Electric Motors Market to Reach US$ 130 Billion Globally by 2020

New York, May 08: Market Research Engine has published a new report titled as “Electric Motors Market (AC motors, DC motors, Hermetic motors) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020”

The electric motor market is expected to exceed more than USD$130 billion by 2020.

Browse Full Report: https://www.marketresearchengine.com/reportdetails/electric-motors-market-report

Electric motor is a mechanism which changes the electrical energy into mechanical energy. Every kind of motor working in different way but all motor uses the power of the electromagnetic field. The fundamental design behind electric motor is first apply electricity into one end of electric motor then metal rod is rotating and generates power which gives force to various machines at another end. For converting electric energy into mechanical energy electric motor uses different forces and theory such as electricity, magnesium, inertia and angular momentum and electric current, alternating current, faradays theory and more. It contain main two kinds of mechanism the first one is stator oso called as winding a which is static part contain magnet around the frame of the motor container. Another component is rotor which is rotating part of motor present within the stator contain cummutator is coil build on axle which rotates around at high rate.

The major driving factors of electric motor market are as follows:

o Electric motor have resourceful energy.
o Growing requirement in industrial sector.
o Increasing alertness about electric vehicles and green vehicle among consumer.
o Rising requirement in farming divison.
o Government supporting for high efficient electric motor.
o Growing demand for HVAC applications.

The restraints factors of electric motor market are as follows:

o Electric motor having high primary cost.
o Portability

The electric motor market is segmented on the lines of its type, application and output power. The electric motor market is segmented on the lines of its type like alternating current (AC) motor, direct current (DC) motor and hermetic motors. The alternating current motor is further segmented into synchronous alternating current motor and induction alternating current motor. Under direct current motor segmentation it covered brushed direct current motor and brushless direct current motor. The electric motor market is segmented on the lines of its application like industrial machinery, motor vehicles, heating ventilating and cooling (HVAC) equipment, aerospace , transportation, household appliances and other commercial applications. The electric motor market is segmented on the lines of its output power like integral horsepower (IHP) output and fractional horsepower (FHP) output. The electric motor market is geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geography market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for electric motor and related technologies.

2) Analyses of global market trends, with data from 2013, estimates for 2014 and 2015, and projections of compound annual growth rates (CAGRs) through 2020.

3) Identifications of new market opportunities and targeted promotional plans for electric motor

4) Discussion of research and development, and the demand for new products and new applications.

5) Comprehensive company profiles of major players in the industry.


REPORT SCOPE:

The scope of the report includes a detailed study of global and regional markets for various types of electric motor with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Ametek Inc., Allied Motion Technologies, Inc, Baldor Electric Company, Inc. (ABB Group), Siemens, Johnson Electric Holdings Ltd., Rockwell Automation, Inc, Franklin Electric Co., Inc., Asmo Co., Ltd., ARC Systems, Inc and Brook Crompton UK Ltd
Company profile includes assign such as company summary, financial summary,business strategy and planning, SWOT analysis and current developments.

The Top Companies Report is intended to provide our buyers with a snapshot of the industry’s most influential players.

The Electric motor Market has been segmented as below:

by Type Analysis

• Alternating Current (AC) Motor
o Synchronous AC Motor
o Induction AC Motor
• Direct Current (DC) Motor
o Brushed DC Motor
o Brushless DC Motor
• Hermetic Motors

by Application Analysis

• Industrial Machinery
• Motor Vehicles
• Heating Ventilating and Cooling (HVAC) Equipment
• Aerospace and Transportation
• Household Appliances
• Other Commercial Applications

by Output power Analysis

• Integral Horsepower (IHP) Output
• Fractional Horsepower (FHP) Output

by Regional Analysis

North America
Europe
Asia-Pacific
Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all active and planned electric motor industry globally.
2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of electric motor industry and unit capacity data.
4) Assess your competitor’s refining portfolio and its evolution.

About MarketResearchEngine.com

Market Research Engine is a global market research and consulting organization. We provide market intelligence in emerging, niche technologies and markets. Our market analysis powered by rigorous methodology and quality metrics provide information and forecasts across emerging markets, emerging technologies and emerging business models. Our deep focus on industry verticals and country reports help our clients to identify opportunities and develop business strategies.

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This release was published on openPR.