Electric Motor Market Growth Set to Surge Significantly during 2015-2020

Overview of Electric Motor Market

Electric Motors Market Report forecasts that the global market is expected to garner $129 billion by 2020, registering a CAGR of 5.3% during the period 2015-2020. In 2014, Asia Pacific accounted for the highest revenue generating region in world electric motors market followed by Europe. The segment of hermetic motor would register a rapid CAGR of 7.4% during the forecast period. Among the different applications, motor vehicles constitute the largest share of over 50% in the global electric motors market.

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Presently, the demand for energy efficient electric motors drives the electric motors market. Although these motors are expensive as compared to conventional motors, the long term environmental benefits offered by premium motors tend to outweigh their initial higher cost. Energy efficient motors increase the efficiency of the machines by approximately 20% as compared to standard motors, which, in-turn, saves the cost of energy consumed. The demand for energy efficient electric motors can be attributed to factors such as the growing electricity cost and rising automobile fuel prices. AC motors are largely used across various industrial applications, whereas DC motors generally find major application in the automobile sector.

The Major players reported in the market include:

Prominent Players profiled in the report are Ametek Incorporation, Siemens AG, Baldor Electric Incorporation, Allied Motion Technologies Inc., ARC Systems Incorporation, Asmo Corporation Limited, Brook Crompton UK Limited, Franklin Electric Cooperative Incorporation, Rockwell Automation Incorporation and Johnson Electric Holdings Limited.

KEY BENEFITS

The study provides an in-depth analysis of the Electric Motor market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2014-2022 is provided to elaborate the market potential.

KEY MARKET SEGMENTS:

By type

Alternate Current (AC) Motor

Synchronous AC Motor

Induction AC Motor

Direct Current (DC) Motor

Brushed DC Motor

Brushless DC Motor

Hermetic Motor

By output power

Integral Horsepower (IHP)

Fractional Horsepower (FHP)

By voltage range

9V & below

10V-20V

21V-60V

60V and above

By application

Industrial Machinery

Motor Vehicle

HVAC Equipment

Aerospace & Transportation

Household Appliances

Other Commercial Applications

By speed

Low speed (less than 1,000 rpm)

Medium speed (1,001 to 25,000 rpm)

High speed (25,001 to 75,000 rpm)

Ultra-high speed (greater than 75,001 rpm)

By Geography

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD ELECTRIC MOTOR MARKET, BY END USER

CHAPTER 5 WORLD ELECTRIC MOTOR MARKET, BY APPLICATION

CHAPTER 6 WORLD ELECTRIC MOTOR MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Friday June 07 2019, 6:15 PM EDT. All trademarks acknowledged. Filed under Featured Press Release, Manufacturing & Construction. Comments and Trackbacks closed. Follow responses: RSS 2.0

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