Latest research report on “Electric Motor Market” now available at high quality database of ReportsnReports.com with market size, share, trends, competitive and statistical analysis. An exclusive data offered in this report is collected by research and industry experts team.
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An electric motor is an electrical machine that converts electrical energyinto mechanical energy. An electric generator operates in the reverse direction, converting mechanical energy into electrical energy.
This report contains market size and forecasts of Electric Motor in Global, including the following market information:
Global Electric Motor Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Electric Motor market was valued at 138150 million in 2021 and is projected to reach US$ 176250 million by 2028, at a CAGR of 3.5% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
AC Motor Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Motor include Nidec, Siemens, ABB, Denso, Hitachi, Regal Beloit, GE, Bosch and Emerson, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Motor companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Motor Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Electric Motor Market Segment Percentages, by Type, 2021 (%)
– AC Motor
– DC Motor
– Hermetic Motor
– Micro Motors
Global Electric Motor Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Electric Motor Market Segment Percentages, by Application, 2021 (%)
– Industrial Machinery
– Motor Vehicle
– HVAC Equipment
– Aerospace & Transportation
– Household Appliances
Global Electric Motor Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Electric Motor Market Segment Percentages, By Region and Country, 2021 (%)
– North America
– – US
– – Canada
– – Mexico
– – Germany
– – France
– – U.K.
– – Italy
– – Russia
– – Nordic Countries
– – Benelux
– – Rest of Europe
– – China
– – Japan
– – South Korea
– – Southeast Asia
– – India
– – Rest of Asia
– South America
– – Brazil
– – Argentina
– – Rest of South America
– Middle East & Africa
– – Turkey
– – Israel
– – Saudi Arabia
– – UAE
– – Rest of Middle East & Africa
The report also provides analysis of leading market participants including:
Key companies Electric Motor revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Electric Motor revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
– Regal Beloit
– Rockwell Automation
– Franklin Electric
– Johnson Electric
– Allied Motion
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