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Electric motor market

Electric motor market

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Electric motor market

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  1. Electric Motor Market Projected To Reach $117,288 Million By 2022 | CAGR 3.7 Global Opportunity Analysis And Industry Forecast, 2014-2022

  2. Electric Motors Market Overview: • Electric Motor Marketwas valued at $ 91,401 million in 2015 and is projected to reach $117,288 million by 2022, growing at a CAGR of 3.7% from 2016 to 2022. Electric motors are widely used in industrial fans, compressors, pumps, lathe machines, machine tools, domestic appliances, HVAC applications, disk drives, power tools, electric cars, and automated robots. These high-efficiency motors gain importance over standard motors due to longer operating life, low energy consumption, low maintenance, and high endurance for fluctuating voltages, and others. • Download Sample Report: • The report includes the electric motors used in applications such as pumps, compressors, fans, industrial machinery, blowers, domestic appliances, and other applications. The report provides a comprehensive analysis of the types of electric motors used in the industry, including AC, DC, and hermetic motors along with their applications. The revenue generated from the sales of linear motor applications is not considered in the scope of our study. The usage of types of motors in any application depends on the requirements of the application. Therefore, the introduction of advanced electric motors has increased the popularity of high-tech equipment such as robots and electric cars. Moreover, the global electric motor market is segmented based on the output power of the electric motor and their applications in end-user industries such as industrial machinery, transportation, motor vehicles, household appliances, and heating ventilation & air conditioning.

  3. High Demand For Electric Motors In Industrial And Agricultural Sectors Proactive Government Incentives ✓ Government organizations take initiatives to reduce ➢ Countries, such as India, the U.S., China, Brazil, environmental pollution caused due to carbon emissions from and Argentina, show high adoption rate of vehicles. The government of various regions offers subsidies to energy-efficient motors in both industrial and boost the sales of electric vehicles. Several initiatives are being agricultural applications. Electric motors are taken by the government of various countries to reduce widely used in heavy industrial equipment as environmental pollution. The exemption of fuel consumption well as agricultural vehicles and machinery. tax for plug-in vehicles by European Government has Countries, such as India, Vietnam, Brazil, encouraged customers to opt for green vehicles. The Green Argentina, Shri Lanka, and others have a Vehicle Promotion Measure by the Japanese Government to substantial population relying on agriculture. establish tax deductions & exemptions for eco-friendly and Therefore, the demand for energy-efficient and fuel-efficient vehicles is expected to boost the growth of low-cost electric motors has increased in such theGlobal Electric Motor Market countries.

  4. Market Segments: Electric Motor Market Heating, Ventilation, and Cooling (HVAC) Equipment Alternate Current (AC) Motor ➢ give you directions for morning work ✓ Alternating current (AC) motor is an electrical machine ➢ assist you with questions about morning work and that converts electric energy (alternating current) into check it over/discuss it with you mechanical energy, which is utilized by machines to ➢ be tracking respectful and responsible student function. Widespread adoption of AC motors is due to behavior with <insert behavior system> the general availability of AC power. Moreover, this type of motor can be built easily with numerous features, and varied sizes ranging from a few watts to thousand kilowatts. Therefore, AC motors are classified as synchronous and induction motors, owing to the plethora of characteristics. They are mainly used in industrial applications and machine tools.

  5. Key Benefits • The report provides an overview of the trends, structure, drivers, challenges, and opportunities in the electric motor market. • Porters Five Forces analysis highlights the potential of buyers & suppliers of the electric motor market, and provides insights on the competitive structure of the global electric motor market to develop effective strategies. • The current and future trends are provided to enhance the potential of the overall electric motor market. • Value chain analysis provides a systematic study of the key intermediaries involved, which helps stakeholders to formulate appropriate strategies.

  6. Electric Motor Market Key Segments: By Voltage Range By Type By Application • Alternate Current (AC) Motor • Synchronous AC Motor • Induction AC Motor • Industrial Machinery • 9V & below • Motor Vehicle • 10V-20V • HVAC Equipment • 21V-60V • Direct Current (DC) Motor • Brushed DC Motor • Brushless DC Motor • Aerospace & Transportation • 60V and above • Household Appliances By Speed • Other Commercial Applications • Hermetic Motor By Geography • Low Speed (Less Than 1,000 rpm) By Output Power • Medium Speed (1,001 to 25,000 rpm) • North America • Integral Horsepower (IHP) • Europe • High Speed (25,001 to 75,000 rpm) • Fractional Horsepower (FHP) • Asia-Pacific • Ultra-High Speed (Greater Than 75,001 rpm) • LAMEA

  7. Key Vendors Profiled In The Report • ABB Group • ARC Systems, Inc. • AsmoCo., Ltd. • Brook Crompton UK Ltd • Dr. Fritz FaulhaberGMBH • Emerson Electric • Maxon Motors AG • Regal Beloit Corporation • Rockwell Automation, Inc. • Companies mentioned in the report

  8. Other Companies Mentioned In The Report • Electric motor market, include Whirlpool Corporation, Toyota, Sony Corporation, Bayer AG, DuPont or E. I. du Pont de Nemours and Company, ATI Allegheny Ludlum, Nippon Steel, British Steel Corporation, ThyssenKrupp AG, SAC Armco, Kawasaki Steel Corporation, Redi Services, IHI Corporation, Bechtel Group, MAN AG, Valeo, Tesla Motors, The National Electrical Manufacturers Association (NEMA), Harley - Davidson, Pitman Motors, Elco, GEA Refrigeration Technologies, Embraco, Trane, Century Electric Motors, Eastland Industries, Inc., BDI, Sissco Hoist & Crane, American Crane & Equipment Corp., Bruce Electric Equipment Corp, WEG Electric Corp., Thrush Co. Inc., Arc Systems, Inc., Wolters Motors & Drives, National Liftgate Parts, Inc., EDAC Corp., WESCO, Accurate Electric Motor & Pump Co., ReilyElectrical Supply, Inc., Schunk Group, Hansen Motors, ATS Automation Tooling Systems, Inc., Aerotech Inc., Transicold LLC, Bison Gear & Engineering Corp., Leeson Electric, A Regal Beloit Co., Shenzhen KinmoreMotor Co. Ltd, Tianjin BenmaElectric Motor Co. Ltd., Connaught Motor (Shenzhen) Co., Ltd., Shenzhen Xin Dong Hui Motor Technology Co., Ltd., LEESON Electric, Adafruit Industries, Mabuchi Motor Company, The Bosch Group, uxcell, A. O. Smith, Grizzly, Nextrox, AmpFlow, Kohree, Dayton, Packard, RioRand, Century Electric Motors, Smith & Jones, North American Electric, Inc, ItronInc. (ITRI), Toshiba Mitsubishi-Electric India (TMEIC India), Al- Quraishi Electrical Services of Saudi Arabia (AQESA), TECO Electric and Machinery Co. Ltd., Microsoft Corporation, and AmeyaTransmissions, CempS.r.l.

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