Market Overview/Outlook (2022 to 2030)
The global Electric Motor market was valued at USD 142.1 Billion in 2022 and is projected to reach USD 238.84 Billion by 2030, registering a CAGR of 7.7% for the forecast period 2023-2030.
The report offers an in-depth examination of the global Electric Motor market for the years 2024 – 2032, wherein 2022 is the base year and, 2024 to 2032 is the forecast period. Data for 2018-2022 has been included as historical data. The study gives a comprehensive viewpoint on market development, throughout the forecast period in terms of revenue estimates (in US$ Mn), across various regions, such as North America, Europe, Asia Pacific, Middle East & Africa and Latin America.
The report aims to offer a comprehensive analysis on the global Electric Motor Market. It concentrates on the market dynamics, technological inclinations, and understandings on different end-user industries and product types. Additionally, it examines the key players and the competitive landscape in the global Electric Motor market.
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Covid19 Coverage:
The report contains the analysis of impact of COVID-19 pandemic on the revenue of market leaders, followers, as well as disrupters. Since lock down was applied differently in various regions and countries, impact of same is also different by regions and segments. The report has covered the current short term and long-term impact on the market, same will help decision makers to prepare the outline for short term and long-term strategies for companies by region.
Competition Analysis
- AMETEK
- GE
- WEG
- ABB
- Siemens
- Johnson Electric
- Rockwell Automation
- Nidec Motor Corporation
- Mitsubishi Heavy Industries
- Hitachi
- DENSO
- Regal Beloit Corporation
- Toshiba Corporation
Segmentations:
The global Electric Motor market is categorized depend on types, applications, and regions. The segmental analysis emphases on revenue and forecast by region, by type, and by application for the period 2018-2030. The geographical segmentation consists of the historic as well as forecast demand for North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.
By Motor Type
- DC
- AC
By Component
- End-bracket
- Bearings
- Frame
- Stator
- Rotor
- Others
By Power Rating
- Less than 1 kW Motors
- 1–2.2 kW Motors
- 2.2–375 kW Motors
- Others
By Voltage
- Low Voltage Motors
- Medium Voltage Motors
- High Voltage Motors
By Rotor Type
- Inner Rotor
- Outer Rotor
By Output Power
- Less than 1 HP
- More than 1 HP
By End-User
- Industrial
- Agriculture
- Residential
- Commercial
- Transportation
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Regional Analysis:
The global Electric Motor market report provides in-depth assessment of the growth and other aspects in important regions, such as United States, Canada, United Kingdom, Germany, France, China, Japan, India, Mexico, Brazil, GCC Countries, and South Africa etc. Key regions covered in the report are North America, Europe, Asia-Pacific, Latin America and Middle East and Africa. The report provides detailed valuation of the development and other aspects of the global Electric Motor market in important countries (regions), including:
- North America (U.S., Canada)
- Europe (UK, Germany, France, and Rest of Eu)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- Latin America (Mexico, Brazil, and Rest of LA)
- Middle East and Africa (GCC countries, South Africa, and Rest of MEA)
Key Benefits of the Report
- This study presents the analytical depiction of the global Electric Motor industry along with the current trends and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global Electric Motor market share.
- The current market is quantitatively analyzed from 2023 to 2030 to highlight the global Electric Motor market growth scenario.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the Electric Motor market.
- The report provides a detailed global Electric Motor market analysis depending on competitive intensity and how the competition will take shape in coming years.
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Competitive Landscape
Concurrence for Electric Motor has grown since supply and demand have risen over the very past decade in a pretty major way. This study specifically offers an in-depth examination of the presence, relative sizes, product supply and market positions of different small, medium and micro companies in the pre- and post-pandemic industry. The study also gives an overview of the strategy of competitors with respect to business and business offices and functions. The study also discusses business activities, technological infrastructure, marketing and financial capacity initiatives. The report thus generally offers shareholders and stakeholders a very excellent overall grasp of the market.
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