Press release
Global Electric Motor Is Boosted by Rise in Adoption of Electric Vehicles, Says Variant Market Research
Variant Market Research
Get Full Access to This Report @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/electric-motor-market
Some of the major drivers of global electric motor market are growing automobile productions globally coupled with increase adoption of electric vehicles. Furthermore, increasing application of induction motors and electric motors are replacing gas turbines in big industrial plants.
Output power, type, application and geography are the major segments of the global electric motor market. Output power segment includes FHP and IHP. Type segment comprises AC motor, DC motor and hermetic motor. AC motor accounted for the major market share followed by DC motors in the year 2016. Additionally, application segment includes motor vehicle, machinery, HVAC equipment, household appliances, aerospace and commercial. Motor vehicles and HVAC equipment accounted the largest market share in 2016.
Get Table of Content (TOC) @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/electric-motor-market/toc
North America, Europe, Asia-Pacific and Rest of the World (RoW) are the geographical sub segment of global electric motor market. Asia Pacific is anticipated to grow at a fastest CAGR over the forecast period 2016 – 2024. The growth is attributed to rapid growth in urbanization, and increasing construction of mega cities & metro railways.
Major players operating in the global electric motor market are Baldor Electric Company, Electric SE, Siemens AG, Denso Corporation, Kirloskar Electric Company, Bosch Group, Rockwell Automation, Toshiba International Corporation, General Electric Company and ABB Ltd, among others.
Click Here to Request a Free Sample PDF of This Report @ https://www.variantmarketresearch.com/report-categories/semiconductor-electronics/electric-motor-market/sample-request
Scope of Electric Motor Market
Output Power Segments
• FHP
• IHP
Type Segments
• AC Motor
• DC Motor
• Hermetic Motor
Application Segments
• Motor Vehicle
• HVAC Equipment
• Machinery
• Household Appliances
• Aerospace
• Commercial
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o United Kingdom
o Spain
o Others
• Asia-Pacific
o China
o India
o Japan
o South Korea
o Others
• RoW
o South America
o Middle East
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant-market-research
Contact Us:
Variant Market Research
Web: https://www.variantmarketresearch.com
Tel: +1-415-680-2785
Tel: +91 20 65337795
Fax: +1-415-680-2786
Email: help@variantmarketresearch.com
Email: sales@variantmarketresearch.com
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