Electric Motor Sales Global Market Outlook 20172023 [Report Updated: 01082017] Prices from USD $4150
According to Stratistics MRC, the Global Electric Motor Sales market is expected to grow from $97.68 billion in 2016 to reach $161.32 billion by 2023 with a CAGR of 7.4%. Increasing demand from residential commercial end users, recent technological advancements in electric motors, and lower power consumption are some of the major factors propelling the market growth. In addition, emerging robotic technology, introduction of electric vehicles are other factors bolstering the market growth. On the other hand, low adoption rate, high capital investments are the restraints hindering the market growth.
Alternating Current AC motors segment is commanding the global market with largest market share during the forecast period. The growth is attributed to cost efficiency, highly adopting in residential industrial appliances. By output power type, the integral horsepower segment is projected to grow at a higher CAGR owing to meet regulation requirements, energy efficient motors. Asia Pacific is expected to hold the largest share in global electric motor sales market due to raising demand from agriculture sector, rapid industrialization, and urbanization in emerging economies such as India, Japan, and China.
Some of the key players in global electric motor sales market include Allied Motion Technologies, Inc., Ametek, Inc., ARC Systems, Inc., Baldor Electric Co., Bosch Group, Denso Corporation, Emerson Electric Co., General Electric Company, Hitachi, Ltd., Johnson Electric Holdings Limited, Nidec Corporation, Regal Beloit Corporation, Rockwell Automation, Siemens AG, Toshiba International Corporation, and WEG S.A.
Motors Types Covered:
Hermetic Motor
Direct Current DC Motors
o Compound Motors
o Permanent Magnet Motors
o Series Motors
o Shunt Motors
Alternating Current AC Motors
o Synchronous Motors
o Induction Motors
Output Power Types Covered:
Fractional Horsepower FHP Output
Integral Horsepower IHP Output
Voltage Types Covered:
< 1 kV Motors
1 kV6.6 kV Motors
>6.6 kV Motors
End Users Covered:
Agriculture
Residential
Commercial
Transportation
o Aerospace
o Electric Vehicles
o Railways
Industrial
o Cement Manufacturing
o Chemicals Petrochemicals
o Mining Metals
o Oil Gas
o Utilities
Other End Users
Regions Covered:
North America
o US
o Canada
o Mexico
Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
South America
o Argentina
o Brazil
o Chile
o Rest of South America
Middle East Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East Africa
What our report offers:
Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
Market Trends Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
Original Article: Electric Motor Sales Global Market Outlook 20172023 [Report Updated: 01082017] Prices from USD $4150
