Electric Motors Market Size is Projected to Grow US $ 188 Billion in 2028 | Market Projection By Technology, Major key players, Growth, Revenue, CAGR, Regional Analysis, Industry Forecast

PRESS RELEASE
Published April 19, 2023

Worldwide “Electric Motors Market Size” is expected to rise with an impressive CAGR and generate the highest revenue by 2029. Exactitude Consultancy in its Latest News, Updates & Trend analysis report published this information. The report is titled “Electric Motors Market Size, Share and Trends Forecast”. The report discusses research objectives, research scope, methodology, timeline and challenges during the entire forecast period.

The report evaluates the important characteristics of the market based on present industry scenarios, market demands and business strategies. Also, the research report separates the industry based on the Electric Motors Market share, types, applications, growth factor, key players and regions.

At Stunning 6.9% CAGR, The global Electric Motors Market was valued at over 103 Billion in 2022. The market is expected to see significant growth over the coming years, with a forecasted market value of over USD 188 Billion by 2028. 

Get Sample Copy of the Report to Email:

https://exactitudeconsultancy.com/reports/2133/electric-motor-market/#request-a-sample

What are the Report Highlights?

The industry analysis report offers a comprehensive overview of the Electric Motors Market and its major growth prospects such as drivers, restraints, challenges, and upcoming opportunities. It also throws light on the current industry trends, major developments, and other interesting insights useful for this market. It further discusses the nature of the market competition, list of players and their key strategies to stay put in the competition. It also describes the table of segmentation and the names of the leading segment with market figures. The report is provided on the company website.

Our Sample Report Includes:

  • 2023 Updated Report Introduction, Overview, and In-depth industry analysis
  • 100+ Pages Research Report (Inclusion of Updated Research)
  • Provide Chapter-wise guidance on Request
  • 2023 Updated Regional Analysis with Graphical Representation of Size, Share & Trends
  • Includes Updated List of table & figures
  • Updated Report Includes Top Market Players with their Business Strategy, Sales Volume, and Revenue Analysis
  • Facts and Factors research methodology

Segments Covered in the Report

(Note*: We offer report based on sub segments as well. Kindly, let us know if you are interested)

By Motor Type

  • AC Motor
  • DC Motor

By Output Power

  • Integral Horsepower Output
  • Fractional Horsepower Output

By Application

  • Industrial
  • HVAC
  • Medical Equipment
  • Industrial Machinery
  • Home Appliances
  • Others

Companies Profiled in Electric Motors Market Report:

ABB, ARC Systems Inc., Denso Corporation, Emerson Electric Co., Johnson Electric Holdings Limited, Maxon, Nidec Corporation, Regal Rexnord Corporation, Rockwell Automation, Inc., and Siemens.

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Reasons to Purchase this Report

  • Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  • Provision of Electric Motors Market value (USD Billion) data for each segment and sub-segment
  • Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  • Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  • Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  • Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  • The current as well as the future Electric Motors Market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  • Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis
  • Provides insight into the Electric Motors Market through Value Chain
  • Market dynamics scenario, along with growth opportunities of the market in the years to come
  • 6-month post-sales analyst support

Market Dynamics

The Electric Motors Market variables explored for estimating the market valuation are growth engines, hurdles, opportunities, and threats. These variables and their role in predicting the ups and downs of the industry make the majority of the report. They are used in sizing the value of segments and sub-segments of the market. Moreover, the insights gleaned through astute market research are based on proven methodologies such as Porter’s Five Forces model and can prevent investment mistakes.

Segmentation

The segments and sub-segments within the Electric Motors Market are highlighted and expounded in detail with value and growth revenue predictions. The estimations are gained from a SWOT analysis conducted by research analysts and based on the demand-supply chain, consumer sentiment, brand acceptance, and socio-economic factors. Government policies and their impact on the segments are taken into consideration.

Regional Outlook

Regions considered in the market are gauged on the basis of performance metrics which differ by economic growth, government support, and investment scenario. Ease of business index and other growth metrics which foster market growth are considered before estimating its value. Figures and statistics from reputed government organizations are included in the report for cementing its value.

By Geography

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Research Methodology

The research methodology contains Electric Motors Market research conducted in two major steps – primary and secondary research. Primary research comprises raw information acquired from interviews with subject matter experts, corporate executives, and decision-makers of major companies. The focus on qualitative and quantitative research by cross-checking the primary data against fact-checking websites and trustworthy databases comes under secondary research.

Competition Landscape

The competition is analysed with regard to the concentration of players. The Electric Motors Market trends and patterns are studied and strategies are formulated to navigate through various obstacles and unforeseen circumstances. Expansions, agreements, partnerships, mergers, acquisitions, and collaborations are strategies considered by the players to stay afloat in the industry. The range of products is benchmarked and sized according to features, consumer demand, and price.

Key Industry Developments:

  • In June 2021, Mabuchi Motors announced to complete the 100% acquisition of Electromag SA for total capital of about CHF 0.1 million or USD 0.11 million. The purchase aims at enhancing Mabuchi’s portfolio with new brushless motors used across healthcare facilities such as ventilators and dental care.
  • In April 2021, Turbo Power Systems inked a new partnership agreement with Statcon Energiaa (SE), an India-based power electronics manufacturing organization. The collaboration is projected to expand the expertise of two companies in the development, production, and marketing of power electronics products for the energy, rail, and defence markets.
  • In March 2021, Siemens announced that the variants under its Simotics SD motor series will now be designed to offer Super Premium Efficiency (IE4) category output to comply with the European ErP Directive 2019/1781. The company also stated that its electric motors with a power rating from around 3 HP to over 1,300 HP along with different pole designs will be delivered in the IE4 spectrum.
  • In February 2021, Johnson Electric launched a new range of Low Voltage DC (LVDC) motors with compact size, high power density, low operating noise, and high torque, among other features. The new products are specially designed to provide a 17% longer life for Smart Furniture such as hospital beds, height-adjustable desks, smart recliners, and other consumer products.

Table of Content (TOC):

Chapter 1 Introduction and Overview

Chapter 2 Industry Cost Structure and Economic Impact

Chapter 3 Rising Trends and New Technologies with Major key players

Chapter 4 Global Electric Motors Market Analysis, Trends, Growth Factor

Chapter 5 Electric Motors Market Application and Business with Potential Analysis

Chapter 6 Global Market Segment, Type, Application

Chapter 7 Global Electric Motors Market Analysis (by Application, Type, End User)

Chapter 8 Major Key Vendors Analysis of Electric Motors Market

Chapter 9 Development Trend of Analysis

Chapter 10 Conclusion

About Us

Exactitude Consultancy is a Market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our professional team works hard to fetch the most authentic research reports backed with impeccable data figures which guarantee outstanding results every time for you. So, whether it is the latest report from the researchers or a custom requirement, our team is here to help you in the best possible way.

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EMAIL ADDRESS: sales@exactitudeconsultancy.com

This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on mediarelations@xherald.com.

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