Electric Motors Market Synopsis: As per Market Research Future (MRFR)’s assessment, the global electric motors market is anticipated to thrive at a CAGR of 6.2% during the forecast period 2017 to 2023. The key advantages offered by these motors over conventional motors are longer life span, reasonable maintenance cost, lower energy consumption, etc. These factors are poised to aid demand generation for electric motors over the next couple of years. A detailed analysis report of COVID19 impact on Electric Motors Market is provided with the report. Electric motors are widely used for applications in HVAC, compressors, pumps, machine tools, electric cars, etc. It is anticipated to pave its way across more domains in the years to come. This, in turn, is expected to boost the growth pattern of the electric motors market over the assessment period. Also, the growth of the end-user industries is likely to reflect on the future trajectory of the market. It is presumed to propel the expansion of the electric motors market across the review period. Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/2376 Electric motors are gaining popularity owing to its energy efficiency. The growing concerns regarding carbon emissions are promoting the adoption of electric motors, thus, augmenting the market. Also, a similar trend is expected to be witnessed in the upcoming years. Electric Motors Market Segmentation: The global electric motors market has been segmented based on type, voltage, output power, and end use. By motor type, the global electric motors market has been segmented into AC, DC, and hermetic. By voltage, the electric motors market has been segmented into upto 1 kV, 1 kV–6.6 kV, and above 6.6 kV. The global electric motors market, by output power, has been segmented into upto 1 hp, and above 1 hp. By end-use, the electric motors market has been segmented into industrial, commercial, residential, agriculture, and transportation. Regional Analysis: The global electric motors market, by region, has been segmented into North America, Europe, Asia Pacific, and the Rest of the World (RoW). The Asia Pacific region leads the global electric motors market. Factors such as the economic upsurge, advancements in the agricultural sector, and proliferation of electrical appliances in the region drive the growth in the market.
Recent boom in the manufacturing industries in the region is considered as a key driving force behind the growth of the regional market. The increasing emphasis on the adoption of energy efficient electric motors across end-uses in the region would contribute to the growth of the APAC electric motors market. On the other hand, the electric motors market in developed regions such as North America and Europe are expected to witness enormous growth. These regions are becoming increasingly aware of the advantages of these energy- efficient, cost-effective electric motors. Moreover, diversification of the agricultural industry in North America and Europe has been pushing up the growth of the electric motors market. Furthermore, growth in the industrial, commercial, residential, and automotive sector in these regions positively impacts the growth of the market. Competitive Dashboard: The key players of the electric motors market profiled in this MRFR report are ABB Ltd. (Switzerland), General Electric Company (U.S.), Siemens AG (Germany), Nidec Corporation (Japan), ARC Systems, Inc. (U.S.), Allied Motion Technologies, Inc. (U.S.), Denso Corporation (Japan), Ametek, Inc. (U.S.), Emerson Electric Co. (U.S.), Robert Bosch GmbH (Germany), Hitachi, Ltd. (Japan), Rockwell Automation (U.S.), Johnson Electric Holdings Limited (Hong Kong), WEG S.A. (Brazil), and Toshiba International Corporation (U.S.) Browse Complete Research Report at: https://www.marketresearchfuture.com/reports/electric-motors-market-2376 Table Of Contents 1 Executive Summary 2 Scope Of The Report 3 Market Landscape 4 Market Dynamics 5 Global Electric Motors Market, By Type 6 Global Electric Motors Market, By Voltage 7 Global Electric Motors Market, By Output Power 8 Global Electric Motors Market, By End-Use 9 Global Electric Motors Market, By Region
10 Competitive Landscape 11 Company Profile List Of Tables Table 1 Global Electric Motors Market: By Region, 2017-2023 Table 2 North America Electric Motors Market: By Country, 2017-2023 Table 3 Europe Electric Motors Market: By Country, 2017-2023 Table 4 Asia Pacific Electric Motors Market: By Country, 2017-2023 Table 5 RoW Electric Motors Market: By Country, 2017-2023 Continued…. List Of Figures Figure 1 Research Process Of MRFR Figure 2 Top Down & Bottom Up Approach Figure 3 Market Dynamics Figure 4 Impact Analysis: Market Drivers Figure 5 Impact Analysis: Market Restraints Figure 6 Porter’s Five Forces Analysis Figure 7 Value Chain Analysis Continued… About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level
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