Global Electric Motors Market Research Report 2023-2029 (Business Opportunities - Other Business Ads)

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Global Electric Motors Market Research Report 2023-2029


Bharat Book Bureau Provides the Trending Market Research Report on “Global Electric Motors Market 2023-2029”under Heavy Industry Market Research Report Category. The report offers a collection of superior Market research, Market analysis, competitive intelligence and Market reports.

The global Electric Motors Market is likely to register a CAGR of over 3.7% with an incremental growth of USD 5.1 billion during the forecast period 2023-2029. An electric motor is any of a class of devices that convert electrical energy to mechanical energy usually by employing electromagnetic phenomena. Electric motors can be powered by direct current (DC) sources, such as batteries or rectifiers. Or by alternating current (AC) sources, such as inverters, electric generators, or a power grid. Electric motors are incorporated in industrial fans, compressors, pumps, lathe machines, machine tools, domestic appliances, HVAC applications, and automated robots. The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global electric motors market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.


This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the technology, power output, end user, and region. The global market for electric motors can be segmented by technology: direct current (DC) motor, alternating current (AC) motor, others. Globally, the AC motor segment made up the largest share of the electric motors market. Electric motors market is further segmented by power output: fractional HP motors (less than 1HP), high voltage integral HP motors (greater than 500HP), low voltage integral HP motors (between 1HP - 500HP). The low voltage integral HP motors segment captured the largest share of the market in 2022. Based on end user, the electric motors market is segmented into: chemicals and petrochemicals, discrete industries, food and beverages, metal and mining, oil and gas, power generation, water treatment, others. According to the research, the oil and gas segment had the largest share in the global electric motors market. On the basis of region, the electric motors market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest revenue share in 2022.

Market Segmentation
By technology: direct current (DC) motor, alternating current (AC) motor, others
By power output: fractional HP motors (less than 1HP), high voltage integral HP motors (greater than 500HP), low voltage integral HP motors (between 1HP - 500HP)
By end user: chemicals and petrochemicals, discrete industries, food and beverages, metal and mining, oil and gas, power generation, water treatment, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides a detailed analysis of several leading electric motors market vendors that include ABB Ltd., Altra Industrial Motion Corp., AMETEK, Inc., Brook Crompton Holdings Ltd., Hansen Corporation (ElectroCraft, Inc.), Hitachi Ltd., Johnson Electric Holdings Limited, Lenze SE, maxon Group, Moog, Inc., Nidec Corporation, NORD Gear Corporation, Regal Rexnord Corporation, Robert Bosch GmbH, Rockwell Automation, Inc., Siemens AG, Techtop Industries, Inc., TECO-Westinghouse Motor Company, The ebm-papst Group, The Yaskawa Electric Corporation, Toshiba Corporation, WEG S.A., Wolong Electric Group Co., Ltd., among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.

Browse our full report with Table of Content :
https://www.bharatbook.com/report/1416846/global-electric-motors-market

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Last Update : Jun 09, 2023 11:43 AM
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Item  Owner  : James Grey
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