Electric Motor Market Overview:

The report includes data on market growth as well as market segmentation by regions, product type, application, and industry end-use. This report looks at current Electric Motor Market trends in terms of demand, supply, and sales, as well as recent changes. Using the most up-to-date Electric Motor Market research techniques and technology, experts offer thorough and exact marketing research reports. This report includes a thorough evaluation of the Electric Motor market size and share as well as a wide range of industrial verticals.

Electric Motor Market size was valued at US$ 121.11 Bn in 2021 and the total revenue is expected to grow at 6.9 % through 2022 to 2029, reaching nearly US$ 206.55 Bn.

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Electric Motor Market Scope:

This study goes through demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are propelling and impeding the market's growth. The report focuses on the key drivers and restraints for key companies, as well as the current competitive landscape and development prospects. The MMR in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter's five forces analysis and PESTLE of the Electric Motor market. The study also identified important impending changes that will have an impact on demand over the forecast period.

Electric Motor Market Segmentation:

The market for electric motors worldwide is divided into several types, including synchronous AC motors, induction motors, brushed DC motors, brushless DC motors, hermetic motors, and AC motors. In 2021, the AC Motor segment had the most market share at 70.7%. Due to the growing use of AC motors in industrial applications, the segment is also anticipated to maintain its dominance over the forecast period. AC motors are widely used in modern robotics and irrigation equipment, which accounts for their dominant position. Due to their smaller size, lower cost, and convenience, they are also commonly utilised in HVAC equipment. The prevalence of electric AC has increased as a result of the development of incredibly effective and affordable electronics as well as improvements in permanent magnetic characteristics.

The worldwide electric motor market is divided into IHP and FHP segments based on output power. The output segment with fractional horsepower (FHP) had the biggest market share in 2021 with 87.3%. Its numerous uses in home appliances, including hoovers, espresso makers, and coolers, are the cause of this substantial rise. Due to their shown effectiveness in a demanding industrial environment, they are also used in industrial machines. Just two of the advantages of such motors are their high starting torque and dependability under changing electric current conditions.

The global electric motor market is divided into industrial machinery, motor vehicles, heating, ventilation, and air conditioning equipment, as well as household appliances, based on application. 40.5% of the market was accounted for by the motor vehicle sector in 2021. This large percentage can be attributed to the expanding use of electric motors in the automotive industry. A typical car has about 40 electric motors with power levels ranging from low to high. The development of low-cost, high-efficiency technology and improvements in permanent magnetic materials are other key factors driving the automotive industry.

Electric Motor Market Key Players :

• Johnson Electric Holdings Ltd.
• Baldor Electric Company, Inc.
• Ametek, Inc.
• Siemens AG
• Brook Crompton UK Ltd.
• Danaher Motion LLC
• Allied Motion Technologies Inc.
• Franklin Electric Co., Inc.
• ABB Group
• ARC Systems Inc.
• ASMO Co., Ltd.
• Dr. Fritz Faulhaber GmbH
• Emerson Electric
• Maxon Motor AG
• Regal Beloit Corporation
• Rockwell Automation Inc.

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Regional Analysis:

The research offers market size, growth rate, and country-level data, as well as demand and supply aspects that influence worldwide Electric Motor market growth in different nations.

The Electric Motor market research has been divided into various important regions, as follows:

• Asia-Pacific region (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
• European Union (Turkey, Germany, Russia UK, Italy, France, etc.)
• The continent of North America (the United States, Mexico, and Canada.)
• South America is a continent in South America (Brazil etc.)
• The continents of Africa and the Middle East (GCC Countries and Egypt.)

Table Of Content :

Global Electric Motor Market

1. Preface
1.1. Report Scope and Market Segmentation
1.2. Research Highlights
1.3. Research Objectives

2. Assumptions and Research Methodology
2.1. Report Assumptions
2.2. Abbreviations
2.3. Research Methodology
2.3.1. Secondary Research
2.3.1.1. Secondary data
2.3.1.2. Secondary Sources
2.3.2. Primary Research
2.3.2.1. Data from Primary Sources
2.3.2.2. Breakdown of Primary Sources

3. Executive Summary: Global Electric Motor Market Size, by Market Value (US$ Bn) and Volume (Units)

4. Market Overview
4.1. Introduction
4.2. Market Indicator
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Porter’s Analysis
4.4. Value Chain Analysis
4.5. Market Risk Analysis
4.6. SWOT Analysis
4.7. Industry Trends and Emerging Technologies

5. Supply Side and Demand Side Indicators

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The research provides data-driven insights and recommendations on a variety of topics. The following are some of the most significant inquiries:

• What are the major current developments that could affect the product's life cycle and return on investment?
• What are the implications of regulatory changes on corporate, business, and functional strategies?
• Will the micromarketing efforts of the main players result in investment?
• What are the best frameworks and methodologies for PESTLE analysis?
• In what areas will there be more new opportunities?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2029
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation: A detailed analysis by Electric Motor
• Landscape- Leading key players and other prominent key players.

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